Expect to see phase 2 rollout soon after phase one goes live and phase 3 and so on....
I assumed 2000.00 each for the 100 - 1 TH/s severs ordered and the hardware payback is 107 days with the loan payable in 180 days. With this in mind the first 100 severs will cover all costs, pay back the loan in full and also pay for the next 100 severs before the 180 days are up for them also.It looks to me like phase 2 will be pure profit at that point with phase 1 paying all costs including phase 2 power usage. If there are more 100 server orders after the 2nd and I don't see why there would not be when the 200k equipment pay back is a little over 3 months then I believe there is potential for the MELY pps to reach multiple penny by the end of the year.
Bitcoin rate was last week, power rate based on Vancouver BC rates, hardware assumed at 2000.00 each This is my best guess as to what will or can happen by just running some numbers through the bitcoin profitability calculator Link below to calculator
MELY phase 1 / bitcoin calculator
Bitcoins per Block (BTC/block) 25
Conversion rate (USD/BTC) 576.00. Today rate
Hash rate TH/s GH/s MH/s 100 TH/s
Electricity rate (USD/kWh) .19
Power consumption (W) 100000.00
Time frame (months) 6
Cost of mining hardware (USD) 200000.00
Profitability decline per year 0.61
Results
Difficulty 11,756,551,917.00 Mining Factor 100 0.00 USD/24h@100MHash/s as in these charts Average generation time for a block (solo) 5 days, 20 hours (can vary greatly depending on your luck)
Hardware break even 107 days Net profit first time frame 115411.63 USD (6 months)
Coins per 24h at these conditions 4.2777 BTC Power cost per 24h 456.00 USD Revenue per day 2463.98 USD Less power costs 2007.98 USD System efficiency 1000.00 MH/s/W Mining Factor 100 at the end of the time frame 0.00 USD/24h@100MHash/s Average Mining Factor 100 0.00 USD/24h@100MHash/s Power cost per time frame 83277.00 USD Revenue per time frame 398688.63 USD Less power costs 315411.63 USD 1 year revenue assuming 25 bitcoins every 6 days at 576.00 for one year is 875,399.98
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