Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 122. (Read 565833 times)

we are currently guaranteed the 15Gh/s++ per share
the current increase in shares will not have any diluting affect

They should, theoretically. Right now, PETA is at about $5.64 per GH/s (~7.55 GH/s per share @ BTC0.095). Assuming full deployment of 1.5PH/s, current share value (BTC0.095) puts it at ~$1.88 per GH/s (at 66,371 outstanding shares)...but the more shares there are, the higher the 'price per GH/s' will be.

Until full deployment happens, though, CoinTerra's new hosting plans range from $4.99 down to $2.75. And I'm not sure what KnC's plans are for hosting...

so will PETA's cost/Gh/s go down as they increase the corresponding GH/s per share


look at butterflylabs, 10.83$/Gh/s cloud hosting

cloudhashing best plan is 8$/Gh/s



mikemikemike
the two were unrelated, i dont consider someone buying contracts or shares a miner

sure you can get cheaper, thats not the point, you are getting more then just Gh/s

i cant execute reinvestment's as efficiently as PETA can

its actually 2.875$/Gh/s

This was a bit painful to read, but it does highlight some glaring issues with how some people view mining. $3 per GH/s was a fair deal 4 months ago when BTC/USD was $700-800 a coin and network difficulty was under 2.5B.

As Jimmothy started to touch on, current hardware has fallen well below that mark. A BitMain AntMiner S2 (1TH/s) is being sold for BTC5.065, the equivalent of ~$2.27 per GH/s at today's exchange rate. It's predecessor, the AntMiner S1, is being sold for BTC0.439, the equivalent of ~$1.09 per GH/s at today's exchange rate, though not as energy efficient. As newer hardware is introduced and competition increases, it's expected that the price per GH/s will continue to fall.

+1

We are deleting posts from members who are active on this thread with multiple aliases.

So all posts of NotLambshop will be deleted (one of his other aliases = Fatherbob)

It is dependent on your point of view and your end goal.
If your wanting to drive the price the down so you can buy cheap shares, then everything is a negative.
If your either confident in the company and want them to succeed, OR your pumping/dumping, then everything is a positive.

Yes, cryptx what's going on with the media/advertising for this IPO?

I lol'd

If you are interested in buying hardware for twice what its worth I may have a deal for you.

Selling bitmain s1s for 0.9btc each. High price is only because I care about you. (Still actually cheaper than peta at double the msrp price ($2/gh))

we have 12 days to clear the ipo, lets get going on a media campaign

im buying more shares later today once i get my BTC from cavirtex

2.875$ per Gh/s is a bargain, especially with all that PETA is doing for us

Yes, you are right, BTC price would drive the difficulty up. However what happens when difficulty raises and btc prise dont follow? Like every 10 days difficulty goes 10-14% but the prices stay the same. Is it still profitable?


So its a negative that we can get cheaper electricity from Cryptx own plant? It is negative that we pay less for Crytpx to produce boards than we would pay in a market? Is it negative that by paying Cryptx for the board production we insure our selves from manufacturers delays?  At current 450$ per  BTC, the only winners are manufacturers not the miners.
And how come the current state of the PETA is worse for the older investors than it was before? I would agree, maybe for the new comers it could be not very appealing, but for people who got into PETA for less than 0.07 the current sittuation is better.

Nonono.  It's the other way around.  Like so:

1.  Bitcoin price goes up.
2.  It becomes profitable to mine with inefficient equipment and/or pay foundries for chips/assembly houses to build miners.
3.  Hashrate goes up.

It's not a biconditional, hashrate going up doesn't drive up the price.

Currently is a bit different situation, difficulty spike and BTC price stay constant. Above 10% increase is not slowly, next one 17% ... while BTC price 450$...

Yes, this is a constant dilema, mine or HODL.  Its unlikely for the hash rate to climb over the roof and for the btc price not to follow. Otherwise every single mining project and mine is a loss no matter how cheap  the chips can get.  As well as complaining about "inaccurate" hash rate in the sheet, we have to look for the BTC/$  ratio, as this factor is as important as the difficulty.

 

Like currently buying any equipment for BTC would make no sense as at 450$ per BTC and the constant increase in difficulty you will lead to mining less BTC than you spend on equipment. Hence hodling is a better strategy.

^Lol, in that case there's no reason for the new IPO -- as bitcoin prices breach a million dollars ea., just enjoy the rewards!

Unfortunately, as Bitcoin prices spike, so does the difficulty.  It would become profitable to mine even with obsolete gear.

Why do you think the rate has been climbing so slowly lately?

Exactly, everyone is so concerned only about the hash rate. However, hash rate is a knife in a back for every single miner and every single mining project.  I guess. if Cryptx bought 10000 shares for taht 1000BTC would be better rather them giving us a loan.

+1

Still don't understand why everyones mentioning the forecast spreadsheet for as if it's crystal ball, the numbers are not right, they've always been that way. An example; take the sheet as is, adjust only USD/BTC from default 450 to 1500. All of a sudden the year 1 expected divs goes from 7,000 btc to 164,000 btc. at 2,000 usd/btc year 1 dividends is 603,000 BTC. at 3,500 the total dividends in year 1 is projected at 22 million (yes million) btc etc. do your own predictions from scratch without this sheet to get more accurate prediction

as wrote before running by those 15% exponential diff (that puts us at 1 exahash by early december, 1.6 exahash at late dec and 5 exahash few months into the new year), you'll see the mine is supposedly 2x more profitable at 0% reinvestment than 35%, 5x more profitable at 0% than at 80% reinvestment. either way the calculated divs on spreadsheet are less than what the mine will actually earn, the total year 1 divs at  35% reinvestment for instance  is obviously false since the predicted div earnings there throughout the total year 1 equates to what is *currently* mined with 1/3 of the hashrate in a month and a half, that then comes to a negative figure on spreadsheet once you subtract the price paid back for BF hardware even with 10k sold. Bear in mind this is hardware which will be added beginning next monday



 

+1 i don't get the point people wasting their time complaining about PETA hours and hours wasted in something they no longer own. Really weird...