Replies to post #24769 on Microelectronics Technology Co. (fka MELY)

[towerclimber92]

So, with that .xls sheet showing the bitcoin vs price over time graph we can guesstimate that by end of year or early next year the price of bitcoins should be at $1000 per coin. With that in mind, if $MELY can establish the 500 th/s farm in the Cologix data center by end of year and start mining at these projected BTC rates... mely's pps is estimated to be trading around $0.0322 per share...

http://www.bitcoinx.com/profit/

plug in the following data:
--------------------------
500 th/s.
$0.15 kWh
80,000 watts (* guesstimate they said the new servers are energy efficient? *)
$1000 BTC

$437067.57 USD - monthly.

$437067.57 monthly revs / 258,141,299 Outstanding Shares = .001727
$.001727 EPS * 18.67 Financial Sector Industry P/E = 0.0322


Have a good 4th of July!