[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 138.

IamNotSure

hero member

Activity: 672

Merit: 500

Quote from: runam0k on May 12, 2014, 03:56:28 PM

Quote from: cryptoconomist on May 12, 2014, 03:47:14 PM

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading out share on the bitcoin blockchain?

Nothing wrong with Havelock right now.

I'd prefer Counterparty above Colored coins, but no real issue with havelock anyway

trek27

full member

Activity: 172

Merit: 100

Quote from: nwfella on May 12, 2014, 02:05:57 PM

Quote from: trek27 on May 12, 2014, 03:41:26 AM

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

This is going to be the really critical part. TBH, I don't think there really is anyway to "assure" this will happen if custom-board portion of cryptx isn't scaled up significantly (would love a more detailed update in this regard when possible). It's becoming painfully obvious that most of the manufacturers are seriously screwing consumers over at this point. We need to be purchasing bulk orders of whatever the best $/GH/W ratio available, get a few willing assemblers "on the line" (interns reference:p), and start bringing fresh new hash to the party pretty much daily at this point. This brief lul in daily diff. increase won't last long.

Yes, this is critical for this project and buying retail staff with little discount wont make it. This is second field, first being hosting, where existence of both PETA and SCRYPT-X projects should be mutually beneficial. CryptX, fingers crossed.

Aireun

member

Activity: 113

Merit: 10

Perpetual optimism is a force multiplier.

Any guess to when we should see some new hardware? The update from last week was quite non-informative. Hopefully this SCRIPT project is not taking away attention to PETA.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: cryptoconomist on May 12, 2014, 03:47:14 PM

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading out share on the bitcoin blockchain?

Nothing wrong with Havelock right now.

cryptoconomist

full member

Activity: 226

Merit: 100

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading our shares on the bitcoin blockchain?

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Quote from: trek27 on May 12, 2014, 03:41:26 AM

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

This is going to be the really critical part. TBH, I don't think there really is anyway to "assure" this will happen if custom-board portion of cryptx isn't scaled up significantly (would love a more detailed update in this regard when possible). It's becoming painfully obvious that most of the manufacturers are seriously screwing consumers over at this point. We need to be purchasing bulk orders of whatever the best $/GH/W ratio available, get a few willing assemblers "on the line" (interns reference:p), and start bringing fresh new hash to the party pretty much daily at this point. This brief lul in daily diff. increase won't last long.

pedrog

legendary

Activity: 2786

Merit: 1031

Some wild swings in hashrate. do we have new hardware coming online?

Edit: Back to normal. Sad

stompysteve

hero member

Activity: 574

Merit: 500

ummmmm this isnt right is it??
649.67 TH 15 mins

Foebar

full member

Activity: 156

Merit: 100

Ghash.io is having problems (servers or DDOS)

Current speeds is 1/20th of their normal operations , so no need to shoot at cryptx ;-)

kenmomotaro

member

Activity: 66

Merit: 10

Quote from: trek27 on May 12, 2014, 03:41:26 AM

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

+1

trek27

full member

Activity: 172

Merit: 100

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

stompysteve

hero member

Activity: 574

Merit: 500

cryptx there are still a lot of unanswered questions I thought you were gonna address last friday around when divs were released, I hope you can answer some of them this upcoming friday or just give a more detailed breakdown on your future plans and updates

-div% reinvest% changes due to hosting new project scryptx
-how are you going to be using reinvestment funds going forward(our own boards vs premade rigs)
-what is the status of new rigs from bitmine(we all know they are starting soon, but how many are we getting a week going forward)
-do we have future chip deals in line if we save up enough reinvestment funds or from opening up another IPO since there are always so many delays with manufacturers

rdyoung

legendary

Activity: 994

Merit: 1000

Quote from: DropDead.Be on May 11, 2014, 07:20:34 PM

when I went to www.peta-mine.co/stats it gave me security warning about the heartbleed bug.
Should I be concerned?

Since they don't store any of our information, I would say NO.

DropDead.Be

newbie

Activity: 56

Merit: 0

when I went to www.peta-mine.co/stats it gave me security warning about the heartbleed bug.
Should I be concerned?

Anonymousg64

sr. member

Activity: 392

Merit: 250

yes people sell sell sell

incase people cant read,
http://bitmine.ch/ plan to have production fully start next week once new pcb's arrive and hope to complete all deliveries by end of june.

trek27

full member

Activity: 172

Merit: 100

Quote from: altoidmintz on May 10, 2014, 08:47:24 AM

Quote from: mikemikemike on May 10, 2014, 08:39:25 AM

Quote from: trek27 on May 10, 2014, 08:30:11 AM

Getting confused (uneasy) with what's going on at Bitmine.
This was supposed to be a good news: http://bitmine.ch/coincraft-rig-updates-now-production/
But, after carefull reading ...

Oh, and this: http://bitmine.ch/delays-refunds-processing/

Sounds like they are running out of capital to refund people. This is the beginning of the end for them I think.

well that sucks

assuming we don't get any from them what does that due to price value

Incessant problems with cash generating activity and revoking technical (procedural) issues as reason to delay financial commitments are classic early signs of real troubles behind the doors. Though a turnaround could be still possible - probably depends on the number of people persisting to be refunded and court stance in first lawsuits.

If they really go under and CryptX gets nothing then PETA shares will come under some pressure. Thankfully custom devices are already deployed. A lot will depend on cost basis of new hardware bought for reinvestment - to continue buying Dragons would be disappointment here.

altoidmintz

full member

Activity: 180

Merit: 100

After Economics: Learning is just the first step.

Quote from: mikemikemike on May 10, 2014, 08:39:25 AM

Quote from: trek27 on May 10, 2014, 08:30:11 AM

Getting confused (uneasy) with what's going on at Bitmine.
This was supposed to be a good news: http://bitmine.ch/coincraft-rig-updates-now-production/
But, after carefull reading ...

Oh, and this: http://bitmine.ch/delays-refunds-processing/

Sounds like they are running out of capital to refund people. This is the beginning of the end for them I think.

well that sucks

assuming we don't get any from them what does that due to price value

mikemikemike

copper member

Activity: 224

Merit: 100

Quote from: trek27 on May 10, 2014, 08:30:11 AM

Getting confused (uneasy) with what's going on at Bitmine.
This was supposed to be a good news: http://bitmine.ch/coincraft-rig-updates-now-production/
But, after carefull reading ...

Oh, and this: http://bitmine.ch/delays-refunds-processing/

Sounds like they are running out of capital to refund people. This is the beginning of the end for them I think.

trek27

full member

Activity: 172

Merit: 100

Getting confused (uneasy) with what's going on at Bitmine.
This was supposed to be a good news: http://bitmine.ch/coincraft-rig-updates-now-production/
But, after carefull reading ...

Oh, and this: http://bitmine.ch/delays-refunds-processing/

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

The boost we received from sold chips has resulted in a fairly nice dividend payment this week. Well, that and the lower electricity/hosting cost(s) now. Keep up the great work cryptx.

Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 138. (Read 565833 times)