I am not sure what is wrong with the market, but at the current GLBSE price, an investor can buy a share of BTCMC for approximately .55 BTC per share when the company has a net asset value of approximately .40 BTC per share. So completely ingoring future earnings (which are still increasing), liquidation value alone is nearly enough to cover any investment.
How people are choosing to pay more for perpetual bonds over equity interest is beyond me. Perhaps I am not spreading the message well enough?
How people are choosing to pay more for perpetual bonds over equity interest is beyond me. Perhaps I am not spreading the message well enough?
You need to post equivalent mhash based on today's difficulty. People only think in mhash.
Good point.
We are at nearly 60 GH/s....sometimes just over, but not sustaining yet while we work out a few trouble rigs.
Oh man.
Lets say its 60 ghash even, and on August 1st you paid out on 3764 shares.
60000 / 3764 = 15.94 mhash. Did I fail at math somewhere along the way?
Well every share gets an equal amount of the hashing power.....even those still held by the founders.
So you have to divide the 60 GH/s by 10,000.
Okay, 6. Still, thats better than the 5 I've been writing them down as.
