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Author Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)  (Read 1058520 times)
Otaci
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August 19, 2013, 09:05:08 PM
 #2361



Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.
Or about 0.00028 per week. 80% of that is 0.000223976 per week, which is about 9% of share price of 0.00248 ... per week
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twentyseventy
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August 19, 2013, 09:06:41 PM
 #2362

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.


I agree, but my calculation wasn't for 'per-round', it was out into 2015 (the total that would be mined with 50TH). Didn't think I'd spend all day defending those numbers, but that's what I get for putting them out there!

While I'm here, I'd just like to give a shout-out to everyone from two weeks ago who felt they were left holding the bag when the price was nearing IPO-

Hope y'all held on - cheers, boys!


Went to brush my teeth and now I am a bag holder. Lost about 2.5 BTC - everything I made in the last week and 1/3 of what I have.

bag holder too , now holding 13K+ LAB shares, 100 BTCGarden shares.
Bitcycle
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August 19, 2013, 09:07:33 PM
 #2363

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




If that's correct, then the annualized divs per share would be 0.01352

Hmmm.



JohnyBigs
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August 19, 2013, 09:08:43 PM
 #2364

So can anyone answer my questions what kind of dividends will my $4,000 invest provide for me in today's prices?
Bitcycle
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August 19, 2013, 09:10:13 PM
 #2365


While I'm here, I'd just like to give a shout-out to everyone from two weeks ago who felt they were left holding the bag when the price was nearing IPO-

Hope y'all held on - cheers, boys!




I've been thinking of all those people in such a rush last week to sell at 0.0015 or so.

Amazing what a few days of patience can do for you sometimes.
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August 19, 2013, 09:15:10 PM
 #2366

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




If that's correct, then the annualized divs per share would be 0.01352

Hmmm.





That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.
Bitcycle
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August 19, 2013, 09:18:15 PM
 #2367



That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.


Every step of your math is wrong.

Mabsark
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August 19, 2013, 09:18:48 PM
 #2368

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




Your math is wrong.  Typically it does not take 2 weeks to finish a "round."

My maths is not wrong. I never said it takes 2 weeks to finish a round. I said divs would be about 0.00013 BTC, not exactly 0.00013 BTC. If you want more accuracy then divs would be between 0.00013 and 0.00014. Happy now?
SebastianJu
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August 19, 2013, 09:23:55 PM
 #2369

That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.

You are aware that the prices of the share are 0.0025BTC and not $0.0025?

And in fact its fully fine they dont give you estimates. They simply cant. Its not because they are dumb, its because no one can. Please read some more about difficulty and more to understand.
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August 19, 2013, 09:27:02 PM
 #2370

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




If that's correct, then the annualized divs per share would be 0.01352

Hmmm.





That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.

How can anyone possibly know what Labcoin's dividends will be at some point in the future? To know that, you would need to know what the difficulty was at that point, as well as the network hash rate and Labcoin's percentage of it. Even knowing that information, you still would not be able to make an accurate prediction as you'd still have to account for miner luck.

Do you know anything at all about mining?
klee
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August 19, 2013, 09:30:45 PM
 #2371

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




If that's correct, then the annualized divs per share would be 0.01352

Hmmm.





That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.

How can anyone possibly know what Labcoin's dividends will be at some point in the future? To know that, you would need to know what the difficulty was at that point, as well as the network hash rate and Labcoin's percentage of it. Even knowing that information, you still would not be able to make an accurate prediction as you'd still have to account for miner luck.

Do you know anything at all about mining?
Sure, he will buy xCrowd!
JohnyBigs
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August 19, 2013, 09:39:23 PM
 #2372

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




If that's correct, then the annualized divs per share would be 0.01352

Hmmm.





That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.

How can anyone possibly know what Labcoin's dividends will be at some point in the future? To know that, you would need to know what the difficulty was at that point, as well as the network hash rate and Labcoin's percentage of it. Even knowing that information, you still would not be able to make an accurate prediction as you'd still have to account for miner luck.

Do you know anything at all about mining?

They said dividends of 70-80 what does difficulty have to do with anything, you can use mining.thegenesisblock.com to figure potential profits out. Just wanted to know how many shares you will get, which i miscalculated thought prices where in USD not BTC, so in BTC it's 20K shares.

Now how much hashpower does 1 share equal? In the beginning and in their future goals?
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August 19, 2013, 09:48:54 PM
 #2373

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?
JohnyBigs
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August 19, 2013, 09:52:16 PM
 #2374

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?

IDK so what is that 7TH per say 20,000 shares?
JohnyBigs
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August 19, 2013, 10:01:08 PM
 #2375

doesn't matter going by their numbers at 10% You'll make about $1/Share
Luckybit
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August 19, 2013, 10:01:34 PM
 #2376

My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.

Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.




That is basically what I was saying. Although I think it would be 0.0009 per month dividend. So yeah our numbers match up. But I don't think they will get 11% of the network right away, that is the target. 50TH probably wont even be 5% of the network but who knows.
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August 19, 2013, 10:02:50 PM
 #2377

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?

IDK so what is that 7TH per say 20,000 shares?

It cant possibly be 7TH since there are only 50TH in total and 10,000,000 shares. 20K shares would be around 70GH, thats 0.07TH. Of course, if they do it right and reinvest that should rise.

I wonder if they took everything into account. The big amount of power needed. Are the miners ready to create and so on.
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August 19, 2013, 10:03:19 PM
 #2378



Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%

Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC

50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.

So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.
Or about 0.00028 per week. 80% of that is 0.000223976 per week, which is about 9% of share price of 0.00248 ... per week

This seems about right.
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August 19, 2013, 10:09:00 PM
 #2379


While I'm here, I'd just like to give a shout-out to everyone from two weeks ago who felt they were left holding the bag when the price was nearing IPO-

Hope y'all held on - cheers, boys!




I've been thinking of all those people in such a rush last week to sell at 0.0015 or so.

Amazing what a few days of patience can do for you sometimes.

These prices wont stay up for long. It's just because there was news. In a couple weeks the price will be down again. It's not worth buying unless under 0.002.
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August 19, 2013, 10:11:38 PM
 #2380

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?

IDK so what is that 7TH per say 20,000 shares?

It cant possibly be 7TH since there are only 50TH in total and 10,000,000 shares. 20K shares would be around 70GH, thats 0.07TH. Of course, if they do it right and reinvest that should rise.

I wonder if they took everything into account. The big amount of power needed. Are the miners ready to create and so on.

So if it's 70GH how does anyone say this is cheap? for $4K you can get 200GH from KNC.
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