Bitcoin Forum
December 15, 2024, 08:11:10 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: Question about 100th/s mine  (Read 1001 times)
SpaceProphet (OP)
Newbie
*
Offline Offline

Activity: 31
Merit: 0



View Profile
May 30, 2013, 06:21:52 PM
 #1

I'm interested in investing in 100th/s but am confused about how the bonds work.  The mine will be ~100TH/s, which is huge, but does that actually mean anything for individual bond holders?  A bond awards the bondholder a dividend equivalent to the output of 200 MH/s of mining power.  If I purchase five bonds, I have 1 GH/s. Won't I then receive dividends proportional to 1 GH/s, regardless of the size of the mine?  What advantages, besides power consumption, share price, and how soon it comes online, does a large mine like 100th/s give bondholders relative to other smaller operations where I could also purchase the equivalent of 1 GH/s of mining power?
Gomeler
Hero Member
*****
Offline Offline

Activity: 697
Merit: 500



View Profile
May 30, 2013, 11:47:42 PM
 #2

I'm interested in investing in 100th/s but am confused about how the bonds work.  The mine will be ~100TH/s, which is huge, but does that actually mean anything for individual bond holders?  A bond awards the bondholder a dividend equivalent to the output of 200 MH/s of mining power.  If I purchase five bonds, I have 1 GH/s. Won't I then receive dividends proportional to 1 GH/s, regardless of the size of the mine?  What advantages, besides power consumption, share price, and how soon it comes online, does a large mine like 100th/s give bondholders relative to other smaller operations where I could also purchase the equivalent of 1 GH/s of mining power?

I think there may be something to be said about such a large production not being able to just run off. They might also be able to industrial electricity rates to reduce their operating expenses. Otherwise yes, it would appear that 100 TH is simply a 200 MH/s mining bond.
Vbs
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
May 31, 2013, 12:28:44 AM
 #3

Price per MH/s is the only advantage, since it doesn't include "upgrade" plans. Sad
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!