Does anyone know if the aim of the company is still to maintain 10% of the hashpower of the network? And if it is, is there a plan to get there?
At 10% of the network hashrate, we'd be looking at mining income of 0.0063 btc/share until the reward halves in 2017.
I did the same math: 10% hashrate and mining income of 0.0063 btc/share. It is unknown how franchising plays into this (will franchises add to that 10%, or does 10% include the franchisees?), hardware sales are likely to add to this number, at least in the near term, plus there are some other possible business opportunities that might be explored in the future.
The plan to getting to 10% is unchanged. Gen2 was supposed to keep us at 10% between now and Gen3, but Gen2 failed. Now all our hopes rest on Gen3. If it fails, we are looking at a drop to IPO price or worse. If it succeeds, stock price should end up around 1 btc if all we have is mining dividends. Much higher if there are lots of additional revenues. For instance, if franchise revenues = mining revenues plus an equal amount in hardware sales, a share price of around 3 btc might be warranted, assuming share price sticks to the roughly 30% yield on shares.
