Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 115. (Read 565833 times)
It seems the first batch of IPO shares are going fast, so get in before they cost more
I bought when it was more than 7 so i do care
I was promised 1gh, now I have 15gh a share. I don't care.
Excuse my ignorance, but what is there for cryptx to clarify?
whether he/they received options for compensation from cointerra due to under performing hardware, hardware bought with funds from the last IPO..
yes the latest prospectus does not promise anything related to this, but this is an issue that's kind of been "swept under the rug" as it were that should be addressed to provide clarity
edit: @ bongamanollo - ok, but the issue of under performing hardware has not been mentioned to my knowledge since the initial delivery of cointerra units.
Does it matter? We are buying hashrate. How they obtain that doesn't matter for me.
It does metter, we are not buying fix hashrate - we are buying hashrate on the begining. But then new hashrate is buying from our money. Previosly from Your money 35% was taken to reinvestment.
So for example it is big difference if they buy 500th from cash from IPO or 250th from IPO and second 250 from Your cash. It is not CEX where You are buing fix hashrate.
When You buy IPO you bought initial hashrate then from Your cash they should buy additional miners.
Excuse my ignorance, but what is there for cryptx to clarify?
whether he/they received options for compensation from cointerra due to under performing hardware, hardware bought with funds from the last IPO..
yes the latest prospectus does not promise anything related to this, but this is an issue that's kind of been "swept under the rug" as it were that should be addressed to provide clarity
edit: @ bongamanollo - ok, but the issue of under performing hardware has not been mentioned to my knowledge since the initial delivery of cointerra units.
Does it matter? We are buying hashrate. How they obtain that doesn't matter for me.
That is Your answer:
So units sold will be 76206, they will deliver 1143TH which means 1143/76206 = 0,015 so 15Ghs per unit.
Cryptx will buy units not sold in first batch so assuming all units will be 76206 and they will simply collect divs from theirs shares.
And yes You are right; total mined - fee = divs but part of divs will go to reinvestment it will depend on Cryptx how much at point of time.
Divs will be paid when we mined in total - fee = 1007 BTC it will goes to Cryptx becouse of theirs loan. After we collect it dividents will start be paing.
So units sold will be 76206, they will deliver 1143TH which means 1143/76206 = 0,015 so 15Ghs per unit.
Cryptx will buy units not sold in first batch so assuming all units will be 76206 and they will simply collect divs from theirs shares.
And yes You are right; total mined - fee = divs but part of divs will go to reinvestment it will depend on Cryptx how much at point of time.
Divs will be paid when we mined in total - fee = 1007 BTC it will goes to Cryptx becouse of theirs loan. After we collect it dividents will start be paing.
Perfect, thanks Karol!
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Activity: 617
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the price of petamine is increasing.
It is not increasing, there are over 6000 shares at price of 0.095... Maybe you mean price of BTC?
the price of petamine is increasing.
That is Your answer:
So units sold will be 76206, they will deliver 1143TH which means 1143/76206 = 0,015 so 15Ghs per unit.
Cryptx will buy units not sold in first batch so assuming all units will be 76206 and they will simply collect divs from theirs shares.
And yes You are right; total mined - fee = divs but part of divs will go to reinvestment it will depend on Cryptx how much at point of time.
Divs will be paid when we mined in total - fee = 1007 BTC it will goes to Cryptx becouse of theirs loan. After we collect it dividents will start be paing.
So units sold will be 76206, they will deliver 1143TH which means 1143/76206 = 0,015 so 15Ghs per unit.
Cryptx will buy units not sold in first batch so assuming all units will be 76206 and they will simply collect divs from theirs shares.
And yes You are right; total mined - fee = divs but part of divs will go to reinvestment it will depend on Cryptx how much at point of time.
Divs will be paid when we mined in total - fee = 1007 BTC it will goes to Cryptx becouse of theirs loan. After we collect it dividents will start be paing.
So if we don't sell all 10k shares and deploy only with 1,143 TH/s and cryptx buys the rest of the shares does that mean we get "less than" 15gh/share. Or do we initially deploy with 1,143 TH/s and build up to 1500th/s through reinvestment or divs being held? Could someone clarify this for me?
For what i've understand they deploy less power, but there are less shares, so the unit for one share will remain 15GH/s.
Correct me if i'm wrong.
You are right
How does that make sense in calculation? For example 'total mined' divided by 'total shares in circulation' equals divs. Am I right? (I'm no math expert). And "total hash speed" divided by "units outstanding" equals gh/share?
So if we don't sell all 10k shares and deploy only with 1,143 TH/s and cryptx buys the rest of the shares does that mean we get "less than" 15gh/share. Or do we initially deploy with 1,143 TH/s and build up to 1500th/s through reinvestment or divs being held? Could someone clarify this for me?
For what i've understand they deploy less power, but there are less shares, so the unit for one share will remain 15GH/s.
Correct me if i'm wrong.
You are right
So if we don't sell all 10k shares and deploy only with 1,143 TH/s and cryptx buys the rest of the shares does that mean we get "less than" 15gh/share. Or do we initially deploy with 1,143 TH/s and build up to 1500th/s through reinvestment or divs being held? Could someone clarify this for me?
For what i've understand they deploy less power, but there are less shares, so the unit for one share will remain 15GH/s.
Correct me if i'm wrong.
So if we don't sell all 10k shares and deploy only with 1,143 TH/s and cryptx buys the rest of the shares does that mean we get "less than" 15gh/share. Or do we initially deploy with 1,143 TH/s and build up to 1500th/s through reinvestment or divs being held? Could someone clarify this for me?
Cryptx,
Still not answered questions:
1. Why we are hashing at 466TH instead of 503 mentioned in prospect?
2. Why there is 27 Dragon miners in prospect when according to Your weekly updates about our re-investment found we bought 39?
and new one:
3. What option of refund from cointerra will we have or maybe it was delivered already?
Still not answered questions:
1. Why we are hashing at 466TH instead of 503 mentioned in prospect?
2. Why there is 27 Dragon miners in prospect when according to Your weekly updates about our re-investment found we bought 39?
and new one:
3. What option of refund from cointerra will we have or maybe it was delivered already?
Thought i would post this here, in order to lighten up the mood and celebrate!
Now you can all bash me for my shitty gimp skills and everyone is happy!
Now you can all bash me for my shitty gimp skills and everyone is happy!
Excuse my ignorance, but what is there for cryptx to clarify?
whether he/they received options for compensation from cointerra due to under performing hardware, hardware bought with funds from the last IPO..
yes the latest prospectus does not promise anything related to this, but this is an issue that's kind of been "swept under the rug" as it were that should be addressed to provide clarity and transparency.
edit: @ bongamanollo - ok, but the issue of under performing hardware has not been mentioned to my knowledge since the initial delivery of cointerra units.
Cryptx was an angel investor in CT. I think they get different email, not about refunds.
Excuse my ignorance, but what is there for cryptx to clarify?
May 21st, 2014
Dear Ed,
We are getting in touch with you because you have previously requested a refund of your CoinTerra hardware order.
At the time of your refund request, it was likely communicated to you that we typically take between 2-4 weeks to process refunds. Unfortunately, we received a larger quantity of refund requests around the time that we started to ship our April batch of TerraMiners to customers, and as a result we are running behind on processing them, as they are refunded in the order in which the refund request is received.
Your refund request is still active, and we are currently anticipating between 8 and 12 weeks processing time for some refunds. We will continue to work towards processing the refunds as quickly as possible.
However, we would also like to share with you two incredible limited-time offers that, should you choose, will quickly get you back on track with your bitcoin mining activities:
Option 1
Some customers requested their refund because of the hash power deficit of 400 GH/s in the 1.6 TH/s units. With manufacturing running at full capacity we are now able to ship the 1.6 TH/s TerraMiners immediately from stock, and so for a limited time, if you are a US resident customer* who purchased at the original price of $5,999 (plus shipping) we can ship you 2 x your original order of TerraMiner IV 1.6 TH/s Bitcoin miners with FREE ground shipping on the additional unit(s). That’s 3.2 TH/s for the same price paid for 2 TH/s!
An order for 1 x TerraMiner IV at $5,999 entitles you to receive a second TerraMiner IV with FREE UPS Ground shipping. An order of 2 x TerraMiner IV’s with total price of $11,998 + shipping entitles you to receive 4 x TerraMiner IV 1.6 TH/s shipped immediately with FREE UPS Ground shipping for the additional 2 units.
Option 2
Some customers requested a refund because for whatever reason they were unable to run the TerraMiners in their location. We have been working on a solution to this problem and you may have read the announcement on May 12th that we have now launched a new service offering cloud-based Bitcoin Mining Contracts through CoinTerra Mining at:
http://mining.cointerra.com
A cloud-based mining contract is a solution where you receive regular payouts at the contracted hash power for a fixed term, powered by our scalable TerraMiner farm in a 24 x 7 datacenter: No equipment, no electricity costs, and no hands-on system management required.
For a limited time we are offering the equivalent of your purchase price of each TerraMiner converted to the 2 TH/s mining contract which is currently priced at $7,999 - a savings of $2,000! If you have 2 x TerraMiner IV’s then you will get 2 x 2 TH/s plans, etc.
To discuss your order, please reply to this email with your preferred phone number and time of day to reach you (please include your time zone) and we will get in touch. If you are only able to communicate via email (for example, if you are not comfortable speaking in English) then please reply to this email and we will get back in touch.
In the event that you these offers do not interest you, we completely understand and we will keep you on the refund list and we thank you for your ongoing patience and understanding as we work to stay ahead in the incredibly fast-moving Bitcoin ecosystem.
Please do not hesitate to reach out to us if you have any questions.
Team CoinTerra
[email protected]
Dear Ed,
We are getting in touch with you because you have previously requested a refund of your CoinTerra hardware order.
At the time of your refund request, it was likely communicated to you that we typically take between 2-4 weeks to process refunds. Unfortunately, we received a larger quantity of refund requests around the time that we started to ship our April batch of TerraMiners to customers, and as a result we are running behind on processing them, as they are refunded in the order in which the refund request is received.
Your refund request is still active, and we are currently anticipating between 8 and 12 weeks processing time for some refunds. We will continue to work towards processing the refunds as quickly as possible.
However, we would also like to share with you two incredible limited-time offers that, should you choose, will quickly get you back on track with your bitcoin mining activities:
Option 1
Some customers requested their refund because of the hash power deficit of 400 GH/s in the 1.6 TH/s units. With manufacturing running at full capacity we are now able to ship the 1.6 TH/s TerraMiners immediately from stock, and so for a limited time, if you are a US resident customer* who purchased at the original price of $5,999 (plus shipping) we can ship you 2 x your original order of TerraMiner IV 1.6 TH/s Bitcoin miners with FREE ground shipping on the additional unit(s). That’s 3.2 TH/s for the same price paid for 2 TH/s!
An order for 1 x TerraMiner IV at $5,999 entitles you to receive a second TerraMiner IV with FREE UPS Ground shipping. An order of 2 x TerraMiner IV’s with total price of $11,998 + shipping entitles you to receive 4 x TerraMiner IV 1.6 TH/s shipped immediately with FREE UPS Ground shipping for the additional 2 units.
Option 2
Some customers requested a refund because for whatever reason they were unable to run the TerraMiners in their location. We have been working on a solution to this problem and you may have read the announcement on May 12th that we have now launched a new service offering cloud-based Bitcoin Mining Contracts through CoinTerra Mining at:
http://mining.cointerra.com
A cloud-based mining contract is a solution where you receive regular payouts at the contracted hash power for a fixed term, powered by our scalable TerraMiner farm in a 24 x 7 datacenter: No equipment, no electricity costs, and no hands-on system management required.
For a limited time we are offering the equivalent of your purchase price of each TerraMiner converted to the 2 TH/s mining contract which is currently priced at $7,999 - a savings of $2,000! If you have 2 x TerraMiner IV’s then you will get 2 x 2 TH/s plans, etc.
To discuss your order, please reply to this email with your preferred phone number and time of day to reach you (please include your time zone) and we will get in touch. If you are only able to communicate via email (for example, if you are not comfortable speaking in English) then please reply to this email and we will get back in touch.
In the event that you these offers do not interest you, we completely understand and we will keep you on the refund list and we thank you for your ongoing patience and understanding as we work to stay ahead in the incredibly fast-moving Bitcoin ecosystem.
Please do not hesitate to reach out to us if you have any questions.
Team CoinTerra
[email protected]
yeah, this is something that's been eating at me as well...
do you want to clarify cryptx?
also, why are we hashing at 466 at this time?
thanks
Bought 3 more shares (I know that is nothing), but this is the best i can do... no more money to put in...
Cheers
Cheers
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