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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 141. (Read 565833 times)

legendary
Activity: 1036
Merit: 1000
@karol
actually, I can sell my cloudhosting.

Its still a bad deal
full member
Activity: 150
Merit: 100
On another subject,
Only 78btc mined so far this week:
https://blockchain.info/address/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6

While my projections say over 30btc per day = >120btc should be there.
Anything else going on or just bad luck?

Can be only not paid from ghash i guess?
sr. member
Activity: 241
Merit: 250
On another subject,
Only 78btc mined so far this week:
https://blockchain.info/address/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6

While my projections say over 30btc per day = >120btc should be there.
Anything else going on or just bad luck?
full member
Activity: 150
Merit: 100
People should be cashing out.

Last Price   ฿0.07002225 (~$32.70). Its claimed you get 8.68 GH per share (~$3.76 per GH/S), but the mine has only been running ~500 TH, not 700 TH as advertised. The scrypt mining is a better deal then this. I still dont get why people purchase mining shares, you might as well buy cloudhosting... Its cheaper. Spend .0053 BTC (~$2.47 per GH/S) and you get to keep a larger percentage of the revenue: You choose if you wish to reinvest or not.

Whatever floats your boat :/

Goodluck with the scrypt venture

It is very simple and that why You can't compare it to cloudhosting.

For example - You buy share per 0.07 - yes it is true that it is not 8.68 GH, now it is aroung 6.2 GHs but 35% ghoes to reinvestmnet so You get 4ghs and still need to pay hosting fee.
But You can always sell this share becouse as You can see in this thread this venture is well managed and becouse of reinvestment (it means that this 8.68 is not top, it will be growing with reinvestment) price don't fall, please remeber that IPO was at 0,05 so we are trading way more than IPO.

So it is simple - You buy Today at 0,07 collect div for few weeks/month and sell for the same price (even as more as price is still rising)

So You have dividends in hands. In cloudhosting You can't sell share or if can share it will always be cheper than when You bought it.

legendary
Activity: 1036
Merit: 1000
People should be cashing out.

Last Price   ฿0.07002225 (~$32.70). Its claimed you get 8.68 GH per share (~$3.76 per GH/S), but the mine has only been running ~500 TH, not 700 TH as advertised. The scrypt mining is a better deal then this. I still dont get why people purchase mining shares, you might as well buy cloudhosting... Its cheaper. Spend .0053 BTC (~$2.47 per GH/S) and you get to keep a larger percentage of the revenue: You choose if you wish to reinvest or not.

Whatever floats your boat :/

Goodluck with the scrypt venture
full member
Activity: 237
Merit: 100
I think that's because mikemikemike got partial out(for a few weeks). Driven price up for his sales and because there's not much demand it decreases fast.

Probably buying some Twitter stocks  Smiley

 Huh  Huh  Huh

Was thinking because of your post from a few days ago mikemikemike, didn't want to offend you.

 Kiss

 Cheesy
copper member
Activity: 224
Merit: 100
I think that's because mikemikemike got partial out(for a few weeks). Driven price up for his sales and because there's not much demand it decreases fast.

Probably buying some Twitter stocks  Smiley

 Huh  Huh  Huh

Was thinking because of your post from a few days ago mikemikemike, didn't want to offend you.

 Kiss

full member
Activity: 237
Merit: 100
I think that's because mikemikemike got partial out(for a few weeks). Driven price up for his sales and because there's not much demand it decreases fast.

Probably buying some Twitter stocks  Smiley

 Huh  Huh  Huh

Was thinking because of your post from a few days ago mikemikemike, didn't want to offend you.
copper member
Activity: 224
Merit: 100
I think that's because mikemikemike got partial out(for a few weeks). Driven price up for his sales and because there's not much demand it decreases fast.

Probably buying some Twitter stocks  Smiley

 Huh  Huh  Huh
full member
Activity: 237
Merit: 100
I think that's because mikemikemike got partial out(for a few weeks). Driven price up for his sales and because there's not much demand it decreases fast.

Probably buying some Twitter stocks  Smiley
sr. member
Activity: 241
Merit: 250
I don't get it. Cryptx announces that the hosting fees are divided but the value of the stock decreases as well.
It is just because some people want to partially cash out to invest into Scrypt X and the short notice kind of force shareholders to sell quickly or people do believes that cryptx won't be able to successfully run these 2 (tied) projects ?


I belive it's the first case. People cashing out on PETA to invest in Scrypt-x.

It is actually a good opportunity to buy more shares of PETA (that from this week has more hashing power and lower costs = more dividends).

newbie
Activity: 42
Merit: 0
I don't get it. Cryptx announces that the hosting fees are divided but the value of the stock decreases as well.
It is just because some people want to partially cash out to invest into Scrypt X and the short notice kind of force shareholders to sell quickly or people do believes that cryptx won't be able to successfully run these 2 (tied) projects ?
sr. member
Activity: 448
Merit: 250
BFL's credit is really bad. It is not a good idea to risk the project on BFL's products.
member
Activity: 66
Merit: 10
In other news - here is what Butterfly pulled out at the end - a 0.39W/Gh @600Gh/s BTC miner:
https://forums.butterflylabs.com/blogs/bfl_josh/386-monarch-update-30-april-2014.html

I wonder if PETA can be on par with these chips, or maybe use them ?

Hi, Newbie. DO NOT BUY ANY PRE-ORDER. AND BFL.
newbie
Activity: 3
Merit: 0
Quote
(PS that is Bitcoin) Not altcoins use different mechanisms
Refer to Scrypt mining vs Sha-256

We are in the PETA thread, that is still doing BTC, as far as I know Wink
And Butterfly - I'm following their developments since Feb 2013 - I don't exactly agree with your opinion of them. Defending them is out of topic and not my business, suffice to say - I'm quite confident they are delivering this month (yes, it is nearly half a year past their initial projections).
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
In other news - here is what Butterfly pulled out at the end - a 0.39W/Gh @600Gh/s BTC miner:
https://forums.butterflylabs.com/blogs/bfl_josh/386-monarch-update-30-april-2014.html

I wonder if PETA can be on par with these chips, or maybe use them ?

BFL does not deliver anything close to the timelines they project their is a reason they are filled with lawsuits atm ^_^
So would not take that one seriously (PS that is Bitcoin) Not altcoins use different mechanisms
Refer to Scrypt mining vs Sha-256
newbie
Activity: 3
Merit: 0
In other news - here is what Butterfly pulled out at the end - a 0.39W/Gh @600Gh/s BTC miner:
https://forums.butterflylabs.com/blogs/bfl_josh/386-monarch-update-30-april-2014.html

I wonder if PETA can be on par with these chips, or maybe use them ?
full member
Activity: 144
Merit: 100
The mid may deployment is contingent upon this sentence in point #4:  "We will start the operation of SCRYPT when a minimum of 10,000 units are sold."  Wink
full member
Activity: 144
Merit: 100
10.000 shares at 0.038 will fly pretty soon.
Just made a transfer to purchase more btc but I don't think I'll make it in time to fill the first batch Sad



why not, isn't there 24 hours to go?

also you can take advantage of this situation, some desperate shareholders will cashout of peta to get into scryptx

I'm not THAT desperate, i'll shave some potential profits by not going in full blast on the first batch of shares and observe the speediness of deployment (mid may is anything in between now and 25th). Less profits? perhaps, more peace of mind? Definitely.
hero member
Activity: 588
Merit: 504
10.000 shares at 0.038 will fly pretty soon.
Just made a transfer to purchase more btc but I don't think I'll make it in time to fill the first batch Sad



why not, isn't there 24 hours to go?

also you can take advantage of this situation, some desperate shareholders will cashout of peta to get into scryptx
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