For those of you NOT on IRC. I will grace you with this glorious theorycraftage:
Here you go guys:
1400 BTC from Avalon Refund = $770,000. If we get machines at retail value, and not cost (unlikely, but we'll do worst case scenario) it'll cost $155,598,80 for 24.576TH/s and we can afford 4.94 fully loaded Platinum miners. (I'm guessing we can get that to 5 full machines with expansions). 5 X 24.576 = 122.88 TH/s. (The $770K is based off of a $550 BTC)
100TH/s is 2% of a 5PH network, (We are at 4.8PH currently). 2% of the TNH is 72 coins a day (2% of 3600 possible coins). 72 * 7 for the weekly net amount is 504. I'll cut it in half, for reinvestment, so we can keep up with the hashrate, so 252.
252 / 10,000,000 (not counting the other 15M yet) is .0000252/share. Which is $.01386/share @ $550 a BTC each week. Not bad for paying $.25 a share initially.
Read it and weep.
WEEP I SAY!
Boner Alert!!
Warning! Reading the above may cause boners.
Yeah. I like those numbers. We need to get this plan in motion, though.
That warning was too late!!
1400 BTC from Avalon Refund = $770,000. If we get machines at retail value, and not cost (unlikely, but we'll do worst case scenario) it'll cost $155,598,80 for 24.576TH/s and we can afford 4.94 fully loaded Platinum miners. (I'm guessing we can get that to 5 full machines with expansions). 5 X 24.576 = 122.88 TH/s. (The $770K is based off of a $550 BTC)
100TH/s is 2% of a 5PH network, (We are at 4.8PH currently). 2% of the TNH is 72 coins a day (2% of 3600 possible coins). 72 * 7 for the weekly net amount is 504. I'll cut it in half, for reinvestment, so we can keep up with the hashrate, so 252.
252 / 10,000,000 (not counting the other 15M yet) is .0000252/share. Which is $.01386/share @ $550 a BTC each week. Not bad for paying $.25 a share initially.
Thanks for crunching the numbers and posting this. I think I may have breached again!
Just a thought though. Can we be absolutely sure that the Avalon refund hasn't been converted to fiat and already spent on something? I would exercise caution in trying to second guess Ken's business moves (if that's what we're doing) as we might be setting ourselves up for a possible disappointment. Or perhaps the Avalon refund isn't a factor as we should have the money anyway, to achieve kleeck's figures?
