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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 139. (Read 565833 times)

copper member
Activity: 224
Merit: 100
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.

It's starting today so next week you will see a big jump in div. even with network going up 10%

Maybe not a big jump. Divs were inflated this week because of chip sales, if we readjust the reinvestment percentage also, a div next week of 0.01 .001 would be pretty good. But then we would have that consistently

I'm Personally hoping for some IPO news, we still have 18,000 shares that could be very well spent

I do this everytime, sorry.
legendary
Activity: 2786
Merit: 1031
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.

It's starting today so next week you will see a big jump in div. even with network going up 10%

Oh, I see, it starts today, I've misunderstood.
sr. member
Activity: 350
Merit: 250
Info about dividend payout for this week:

216.88748095 BTC in total from mining, converted NMC's and chip sale (10 BTC):
- 88.10216063 as Dividend (0.00109209 BTC / share)
- 47.43962496 Reinvestment
- 81.34569536 Hosting Fee

Status update:
Starting today, hosting costs will be lowered from $0.45 to $0.25 as a first step towards strengthening the PetaMine project. More to come...
newbie
Activity: 49
Merit: 0
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.

It's starting today so next week you will see a big jump in div. even with network going up 10%

Maybe not a big jump. Divs were inflated this week because of chip sales, if we readjust the reinvestment percentage also, a div next week of 0.01 .001 would be pretty good. But then we would have that consistently

I'm Personally hoping for some IPO news, we still have 18,000 shares that could be very well spent
copper member
Activity: 224
Merit: 100
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.

It's starting today so next week you will see a big jump in div. even with network going up 10%

Maybe not a big jump. Divs were inflated this week because of chip sales, if we readjust the reinvestment percentage also, a div next week of 0.01 would be pretty good. But then we would have that consistently

I'm Personally hoping for some IPO news, we still have 18,000 shares that could be very well spent
full member
Activity: 226
Merit: 100
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.

It's starting today so next week you will see a big jump in div. even with network going up 10%
legendary
Activity: 2786
Merit: 1031
Divs
0.00109209

I was hoping a little more, 0,25 $/kWh doesn't seem to have a significant impact on our divs.
hero member
Activity: 574
Merit: 500
hero member
Activity: 711
Merit: 532
I am a little bit confused, why is it cheaper to buy dragon miners over  custom made boards...?
Could you make a statement about this today, or just a better idea on reinvestment and why buying dragon miners

I feel like the best bang for your buck is with chips since we can already make boards? am i wrong Huh

From the May 2 cryptx update:
Quote
- We are working on some analyses and will announce some ideas for strategical improvements next week.

So, here's hoping we do hear more about this. My guess is that when we had less hardware deployed, there was pressure to show some progress and so buying a few TH/s here and there that could be quickly delivered made sense. Overall, though, I agree that may not be the best bang for our money.

Hopefully analysis along these lines from cryptx today.
hero member
Activity: 574
Merit: 500
I am a little bit confused, why is it cheaper to buy dragon miners over  custom made boards...?
Could you make a statement about this today, or just a better idea on reinvestment and why buying dragon miners

I feel like the best bang for your buck is with chips since we can already make boards? am i wrong Huh
full member
Activity: 237
Merit: 100
No btc fridaydip and new hardware online. Yay!
sr. member
Activity: 241
Merit: 250
and yes, my mistake was on applying the discounted cost to this week already.
Divs-bet (if we get also today payout), could be around 0.0011

full member
Activity: 150
Merit: 100
seems shares eventually goes up:) now 0.079
copper member
Activity: 224
Merit: 100
I'm happy to divert the whole benefit of the reduced cost to the reinvestment fund. If that's an option the others would consider fair. Of course.

-1

I do not concur.

-2 seconding nonconcurrence.

Tangentially, does the .015 forecast include reduced mgmt cost?

Forecasting share price bump over .09 by end of weekend if that div number is accurate.

Quote
The SCRYPT-X project will also be hosted in our datacenter. Therefore our fixed costs can be divided between PETA-MINE and SCRYPT-X. This means starting from May 9th we can lower our hosting cost to 0,25 $/kWh for the PETA-MINE project, which will be of great benefit for it's future growth.

Nope. Next week.

This week should be slightly lower than last unless the chips were sold. but next weeks should be a record in the 0.12-0.13 range, but this also depends on how the reinvestment percentage is adjusted. If we go down to 50/50 then I expect a 0.01 dividend stabilised for the long term future which would be great. Keeping my fingers crossed that the remaining shares will be IPO'd so we can take another leap forward before stabilisation





full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
I'm happy to divert the whole benefit of the reduced cost to the reinvestment fund. If that's an option the others would consider fair. Of course.

-1

I do not concur.

-2 seconding nonconcurrence.

Tangentially, does the .015 forecast include reduced mgmt cost?

Forecasting share price bump over .09 by end of weekend if that div number is accurate.
legendary
Activity: 994
Merit: 1000
I'm happy to divert the whole benefit of the reduced cost to the reinvestment fund. If that's an option the others would consider fair. Of course.

-1

I do not concur.
sr. member
Activity: 241
Merit: 250
now that scryptx has stated hashing, will peta see a decrease in hosting costs this week?

if so how will that effect the div% and reinvest%

Hosting costs will be reduced to $0.25 starting from May 9th (tomorrow) as announced earlier. We are evaluating the best strategy for div/reinvestment %.

will there be some voting for shareholders or ar you open to suggestions?

I'm here for the long term, I consider this low btc value as a temporary opportunity to buy more machines and aim higher. in the future, the situation may be different, but this is a good moment to grow more by investing more.
I'm happy to divert the whole benefit of the reduced cost to the reinvestment fund. If that's an option the others would consider fair. Of course.
hero member
Activity: 574
Merit: 500
Has anyone here actually run the numbers instead of blindly believing what a load of kids on this forum are saying?

Seriously. Stop believing all this FUD and start thinking for yourself.

CryptX, thanks for the update, please keep up the excellent work and I look forward to your next update.

[b]I'll donate one bitcoin to anyone who can prove, with figures and competent logic, that these shares are overvalued.[/b] From someone who has run the figures, with multiple realistic scenarios, none of you are winning this bet, infact, I argue, most of these people claiming this project is dead are not even competent enough to run a proper analysis

This is basing a 30% yield as an acceptable return, which if you look at even the best performing securities over the past year, is extremely high.

I look forward to your responses, this is going to be very very entertaining, it should also highlight who in this thread actually knows what they are talking about, something which I am very keen to learn

Do you escrow it? I can prove it by two sentense. By counting the risks together, you will find out that 30 % is just a drop on a hot stone. Bitcoin dropped this year 50 %, the difficultyrise gave the hardware 80% less value (which represents the value of the share).

Easy calculation of value:

BEST Case Speculation:

770 TH in April 25 = 770.000 * 0,008 BTC (FHA cex.io price) : BTC 6180 in Share BTC 0,072

---now we have 180 * 0,011 (cex.io price) : BTC 1980 (value of hardware + hosting --cex.io charges  15% of revenu, peta charges 30% !!!!) in Share BTC 0,025

980 TH in Mai 25 = 980.000 * 0,004 (FHM cex.io price) : BTC 3920 in Share BTC 0,048



GOOD Case Speculation:

500 TH in April 25 = BTC 4000 in Share BTC 0,05 and then in Mai around BTC 0,025

Petamine is two times more expensive as cex.io until end of Mai.

And now I want my Bitcoin!







lol
full member
Activity: 144
Merit: 100
its now Mai, share price will soon be around .025!!


Confused... ? /sarc tag forgotten...  ?
hero member
Activity: 574
Merit: 500
its now Mai, share price will soon be around .025!!
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