Profit aside, I would love for our Sammy boy to deliver in a big way. If johnny, pancake(sp), ice, puppet etc. were forced to eat a bit of crow, it will all have been worth it.
Those odds are, lets put it mildly; small.
To stay in the spirit of the unthinkable, lets make some nonsensical assumptions:
- their hardware costs absolutely nothing, zero, nada; the mask set was donated, wafers and packaging are free, PCBs and PSU's are free and they didnt have to spend a dime to develop any of it (in truth they didnt spend much more than 10 BTC so that part is close to true).
- they pay 100% of their mining revenue as dividends
- their chip meets the specified specs of 2.7W/GH and even does so at the wall (using a 130nm process somehow achieving ~4x Avalon's 110nm efficiency and >2x BFL's 65nm efficiency and at higher clockspeeds to boot, no small feat!).
- their electricity cost is only $0.08/KWh, they dont need cooling despite 3-400KW power consumption and the hosting in the datacenter is otherwise free
Under those circumstances they would have to start mining in the next 2 weeks with >100 TH to stand any chance of just breaking even on their IPO price.
+1
Many holders here bought in with price less than 0.0005 and their bet is Fabrizio will return the remaining BTC, which is more than a half according to what they said. That's why I think the witch hunting is the best option for them. But someone still think witch hunting will do more harm than good. Totally beyond my understanding. What are they expecting? Recovering to 0.004 someday?
