Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 149. (Read 565833 times)

Initial IPO price for first 20'000 shares (or 2'000 before 1:10 split) was 0.065. There was no IPO price of 0.07.
My return so far, on IPO price of 0.065 is 30%.

NEOBEE was also trading far above the IPO price. And although i made a fair share of return off NEOBEE, i wouldn't call it a success. At this point there exists only the opportunity of success.

RENT is also trading above IPO price.


Ouch. I should have done better research. According to the previous thread, the first 33.333 shares where offered at 0.7 BTC, the next 50.000 shares (of which about half are sold) where offered at 0.65 BTC.

The batch at havelock was offered at 0.05 BTC. These investors received 10% of the IPO price in dividends so far. I can't find information about the amount of dividends offered pre-havelock.

63'000 shares were issued before havelock. 17'000 issued on havelock isn't majority.

I'm not even sure what your agenda is in posting, shareholders can do own due-diligence, You seem to popup right after bcmine like a tagteam, sure you don't have to drink the peta kool-aid but where is the genuine arguments.

 are you seriously saying because we have seen (Relative) perpetual increase in diffs it will continue like this forever- double digits % increase..in exahash ages, are you really saying nobody has refuted bcmine and therefore his points are valid? talking about cex.io and BDD. come on

If I'm not mistaken this is the only security on havelock, (traditionally where securities come to die) currently trading above IPO? anyone of these 'majority of investors' who jumped in at 0.05 is free to jump ship-- having profited of not only a rise in shareprice but amount earned in dividends too

Neither do the insults spread by mikemikemike which i based my comparision on...


The majority of investors stepped in at the IPO at 0.05. According to havelock, 0.00518281 BTC in dividends have been paid.

You must be smoking crack or intentionally taking the piss now. The nonsense posted by bcmine doesn't even warrant a response, 'shareprice to drop to 0,0002 in mai, loss of 35÷ of capital in one month when you buy now, 770 TH in April 25 = 770.000 * 0,008 BTC (FHA cex.io price) : BTC 6180 in Share BTC 0,072. blabla?? << what?? They are just disjointed ramblings by someone scraping for pennies.

Anyone can draft up quick projections of the future of this project, and even with a fairly pessimistic outlook come to the understanding they can completely feasibly turn a profit.


?? I received ~25% of initial investment back prior to even listing on havelock

Let reality dictate the outcome and stop your bullshit

Yes i did and he's more credible than you are. By a large margin.
I don't think you understand what the word 'attack' means. Or plateau. Or successful. They've barely paid out 10% of the original share price and you're already calling it a success?

A share price of 0.25 is impossible. there is only 0.05 BTC per share in capital, investing in your own mining rigs will net you (approx) 5 times the hashrate petamine can buy for the same price.


This is the exact same thing people have been saying for months now. And so far nothing of it came true.

Actually, No, the difficulty is not plateauing yet. We are still seeing 15%+ rises every 12 days or so.
Its mathematically impossible for the difficulty to keep rising even at the current rate. When we hit 100phs a 15% increase would mean that 15phs of hardware has to come online in 14 days, do you think its possible that worldwide we have enough facilities producing chips. pcbs, etc to bring that much hashing power online that quickly? What about when we do hit 200phs, that 15% means 30phs. The only company I know of working on 20nm is knc, and 20nm and smaller is what it is going to take, or the fiber optic chips that I linked to earlier in the thread.

The difficulty saw a small drop in increases, not because of the price, but because of the delays at bitmine, cointerra, etc. If you look back at the network growth rate, you will notice that when they finally started shipping they hashrate started climbing again.
Another reason for the difficulty rise to slow could be people moving to PPC as their hardware is no longer profitable on BTC, though when BTC starts to rise again, that hardware might get redirected back at BTC.

In summary, we are a LONG way off from mining being unable to at the very least pay the power bill.

I don't think they are the same exact person, Darkstone2's English is actually quite good but BCMINE's is terrible. Still makes me giggle every time he says Mai instead of May. But yeah, it seems they both post around the same times one after the other. They both seem to have a similar IQ's aswell which is probably lower than my activity. I'd be surprised if they wern't friends outside this forum or if they wern't working together.

0.25 would be nice. Lets get to 0.1 first then ill be happy. 0.25 is if we manage to hold maybe 3-4% of the network for a sustained period. We'd also need some pretty good publicity. It's all really dependant on how many of our own machines we can produce.

And no, I don't think BCMine will ever leave this project or me alone. But it's cool, bitcointalk is full of kids with computers, until they set an age requirement and require identify verification there's not much we can really do. Plus, I quite like having an enemy, I've always wanted one, its just a shame there not really a challenge. It's like playing XBOX against someone with only one arm, you win all the time, but it's just not as satisfying as it should be.

Anyways, I'm off to go get drunk again. Nothing cures a hangover like more drink.

PS: expect BCMine to quote the above sentence a few hundred times over the course of the next few months. But theres nothing like giving the one handed guy a little bit of a head start.

Just to point out the difficulty is plateauing BECAUSE the price is plateauing. If the price of bitcoin goes up the difficulty will rise much faster as older miners will become profitable again. While the plateau and a rise in bitcoin value would both be good it is unlikely that we will see both occur at once.

Yeah, I only post in response them because its fun.
I have looked at bcmine's webpage and it hurt my eyes, not to mention how poorly written it is. I was designing better webpages in notepad 15 years ago. It doesn't matter what they post, peta is so far successful, its not up the 700ths original deployment, but at the current rate of growth it will be in the next 2 weeks or so. What some of us understand is that peta is deploying at almost the perfect time. The difficulty increases will plateau, when this happens coupled with an increase in btc/usd, the future is very bright.

How much you want to bet that as soon as peta hits 1phs+ and the share price breaks through 0.25btc, we wont hear from any of them every again.

I also find it very interesting that any time I post a response to one of bcmines ramblings, darkstone2 jumps in to attack me. Either darkstone is stalking me because they are in love with bcmine or they are the same person, although its likely they suffer from MPD.

Ahahaa. Your joking right? Have you read what he comes up with?

We were supposed to be at 0.025 a share every week for the last few months. I wrote a pretty detailed explanation a few days ago of why his 'analysis' is completely wrong and reminiscent of my primary school days and all he could come back with was the personal attacks above, which are complete bullshit.

Apart from the I'd kill you one.. But that was taken out of context. What I wrote was I'd kill his fraudulent hedge fund, which I had a pretty good go at doing. And looking at the buy side on the order book, I was pretty successful.

Or the me being drunk one. Well, I'm hungover. but what can i say, I'm 24 and enjoy going out on the weekends, and the occasional weekday.

Anyways, Darkstone2 your not reading anything that is being written. It was clearly stated above that we still have 18 thousand shares to be issued and the higher the share price the more capital we can raise.

What is wrong with that is that there is no benefit for anyone except existing shareholders.


For him to be wrong there has to be someone that provides arguments that he is indeed wrong. So far this has not been the case.

Someone is upset that their price predictions have been consistently wrong.
In order for businesses to thrive they need to advertise. Cryptx is focused on growing the mine so a few of the investors here have decided to do that for them to bring this project to a wider audience. What is wrong with that? If we get enough interest from outside this little circle they will have an easier time selling the remaining shares and will be able to add another 20%+ to the mine from those funds.

What debacle are you talking about? Or does debacle mean something different in your language?

How many times do you have to be wrong before you pick up your legos and go home?
It is clear that you are pretending to be an experienced trader/investor, and very bad at pretending as well.

Hit 500 TH a couple times on the 15min timer

Yes, I'd be glad to help with writing copy, or wherever I can.

me 😊

no worries guys. i have a slight problem though, i shouldn't have done this on a saturday. i'm heading out in a minute a might not be able to post the detailed responses from my phone that i am doing with my computer. I'll give it a go though.

edit: guys i appreciate the odd comment that might say OMG THIS IS AMAZING, IVE MADE SO MUCH MONEY WITH THIS. but its not the point of the discussion, and it will only throw off potential investors, if the top comments look like shills then so will the investment. this is a great investment, i wouldn't be using my personal reddit account if i didn't think so, so lets listen to peoples concerns and answer them appropriately. Let them come to their own conclusions, which should be positive.

The only thing we can do is spread exposure by upvoting the content that is actually good and relevant, which i highly recommend.

If we can get this to the top it will stay there for weeks, potentially months. but we will not do that unless we offer detailed discussion on what is an extremely promising security, and upvoting, obviously.

GREAT job with this post on reddit! That's exactly the stuff we need. I went over and upvoted.

I can translate whatever you write to French and post on French boards