[LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 795.

VolanicEruptor

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Quote from: TheSwede75 on August 19, 2013, 06:21:22 PM

Since the discussion is already running hit I would like to point out that Labcoin is a ASIC development, production, sales and mining project. NOT a mining bond.

Trying to extrapolate a value based purely on hash-speed over time will likely not result in a correct valuation.

Cheers!

This is EXACTLY what I was about to try explaining to everyone but you beat me to it.
A share price doesn't only reflect current profit. It reflects the entire arsenal.
Some companies are valued greatly on future development alone.

Mabsark

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Quote from: JohnyBigs on August 19, 2013, 06:11:38 PM

Quote from: SebastianJu on August 19, 2013, 06:02:50 PM

Quote from: JohnyBigs on August 19, 2013, 05:52:16 PM

Quote from: SebastianJu on August 19, 2013, 05:48:54 PM

Quote from: JohnyBigs on August 19, 2013, 05:39:23 PM

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.

And those 200 GH/s will remain at 200 Gh/s. If you want an extra 200 Gh/s, you will have to pay an extra 4K USD. If you bought 100,000 Labcoin shares, you would always have 1% of Labcoin's hash rate. If Labcoin have 5 Th/s, you'd have 50 Gh/s. If Labcoin has 50 Th/s, you'd have 500 Gh/s. If Labcoin has 500 Th/s, you'd have 5 Th/s.

TheSwede75

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Since the discussion is already running hot I would like to point out that Labcoin is a ASIC development, production, sales and mining project. NOT a mining bond.

Trying to extrapolate a value based purely on hash-speed over time will likely not result in a correct valuation.

Cheers!

Mabsark

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Activity: 826

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Quote from: JohnyBigs on August 19, 2013, 06:01:08 PM

doesn't matter going by their numbers at 10% You'll make about $1/Share

Over what time frame? You wont make anywhere near 1 USD/share from a single dividend payout. You'll make that easily from selling IPO shares though. 1 USD is about 0.01 BTC and the share price will easily surpass that.

demzie

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I think when the mining starts, dividends come, mass chip production starts, mass sell starts, mining power increases.. i see a next ASICMINER..
Remember no pre-order game... The smell of hot bread

twentyseventy

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Quote from: Luckybit on August 19, 2013, 06:09:00 PM

Quote from: Bitcycle on August 19, 2013, 05:10:13 PM

Quote from: twentyseventy on August 19, 2013, 05:06:41 PM

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.

Someone's looking for cheap shares Wink

JohnyBigs

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Quote from: SebastianJu on August 19, 2013, 06:02:50 PM

Quote from: JohnyBigs on August 19, 2013, 05:52:16 PM

Quote from: SebastianJu on August 19, 2013, 05:48:54 PM

Quote from: JohnyBigs on August 19, 2013, 05:39:23 PM

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.

Luckybit

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Activity: 714

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Quote from: Bitcycle on August 19, 2013, 05:10:13 PM

Quote from: twentyseventy on August 19, 2013, 05:06:41 PM

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.

Luckybit

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Activity: 714

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Quote from: Otaci on August 19, 2013, 05:05:08 PM

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

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.

SebastianJu

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Quote from: JohnyBigs on August 19, 2013, 05:52:16 PM

Quote from: SebastianJu on August 19, 2013, 05:48:54 PM

Quote from: JohnyBigs on August 19, 2013, 05:39:23 PM

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.

Luckybit

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Activity: 714

Merit: 510

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

Quote from: Luckybit on August 19, 2013, 04:30:48 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

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.

JohnyBigs

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doesn't matter going by their numbers at 10% You'll make about $1/Share

JohnyBigs

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Activity: 560

Merit: 250

Quote from: SebastianJu on August 19, 2013, 05:48:54 PM

Quote from: JohnyBigs on August 19, 2013, 05:39:23 PM

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?

SebastianJu

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Activity: 2674

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Legendary Escrow Service - Tip Jar in Profile

Quote from: JohnyBigs on August 19, 2013, 05:39:23 PM

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

sr. member

Activity: 560

Merit: 250

Quote from: Mabsark on August 19, 2013, 05:27:02 PM

Quote from: JohnyBigs on August 19, 2013, 05:15:10 PM

Quote from: Bitcycle on August 19, 2013, 05:07:33 PM

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

Quote from: Luckybit on August 19, 2013, 04:30:48 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

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?

klee

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Activity: 1498

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Quote from: Mabsark on August 19, 2013, 05:27:02 PM

Quote from: JohnyBigs on August 19, 2013, 05:15:10 PM

Quote from: Bitcycle on August 19, 2013, 05:07:33 PM

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

Quote from: Luckybit on August 19, 2013, 04:30:48 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

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!

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: JohnyBigs on August 19, 2013, 05:15:10 PM

Quote from: Bitcycle on August 19, 2013, 05:07:33 PM

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

Quote from: Luckybit on August 19, 2013, 04:30:48 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

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?

SebastianJu

legendary

Activity: 2674

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Quote from: JohnyBigs on August 19, 2013, 05:15:10 PM

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.

Mabsark

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Activity: 826

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Quote from: Rebelution on August 19, 2013, 05:03:11 PM

Quote from: Mabsark on August 19, 2013, 04:57:06 PM

Quote from: Luckybit on August 19, 2013, 04:30:48 PM

Quote from: twentyseventy on August 19, 2013, 02:38:29 PM

Quote from: BlockChains on August 19, 2013, 02:33:51 PM

Quote from: twentyseventy on August 19, 2013, 02:28:35 PM

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?

Bitcycle

sr. member

Activity: 420

Merit: 250

Quote from: JohnyBigs on August 19, 2013, 05:15:10 PM

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.

Topic: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) - page 795. (Read 1079974 times)