Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 158. (Read 565837 times)

Liking Colliders tin-foil speculation on this one! 

Granted, it is not uncommon to have NDA´s for certain deals that are not meant for everyone to know.

However in this case, it would be pretty hard to enforce....
Oh due to some unforeseen circumstance the mine will now be "insert number of increased TH/s here" initially...

You get the point, everyone would know what happened even if nobody admits it.


Edit: Wildly speculative numbers removed

this would make the most sense, it would be mutually beneficial to both parties. but we're probably not going to find out. it would be great if we could get a quarterly report of some sort updating us on the entire situation.

although, considering the situation bitmine are in, it's pretty likely they have asked CryptX to keep quiet about any business dealings. i mean, bitmine customers hate us which is understandable, baseless, but understandable, and any more noise coming from our area will only infuriate them further.

so yeah, i'm assuming this is whats happened, it makes the most sense, but i doubt we will find out anytime soon.

I am really looking forward to the additional compensation from bitmine for not meeting their production goal.

This should be granted on the basis of not meeting their contractual obligations ie their shipping schedule
("...deployment schedule was based on written and contractual agreed schedule from Bitmine...")

I speculate this might be a TON of chips which cryptx then fabricates into working miners?

BCMINE, its nice to see you have another account!

PETA:
"Give me 100 oranges and 100 days later you shall produce juice"

Ateneto:
"Wow great investment I will buy shares NOW. So many juice ..."

PETA:
"100 days later: Sorry, I received only 50 oranges. for you, but you can produce juice now !"

Ateneto:
"Damn ! It is so difficult to produce only 1 miliLitre/day ! And now nobody want buy my juice and oranges ! I didn't get rich again."

Get a room guys, it will be fun.

Hint: Do you know, that you can buy but also sell shares ?

by far the trolliest thing i have ever read. you know the point of trolling is to try and disguise your stupidity right?

FYI, for anyone who doesn't get what i am saying, its impossible to make that much from BDD, you can make a few percent here and there if you bet right each round but 75% is beyond impossible.

honestly, this is the stupidest lie i have ever read on this forum.

standard answer from someone too stupid to defend themselves. keep them coming you troll

B Mine:
"Give me 100 oranges and for 100 days I will give you an orange every day."

Troll:
"Wait... that's over 300% per year. Wow great investment I will buy shares NOW. So many oranges..."

B Mine:
"100 days later: Ok no more oranges."

Troll:
"Damn I didn't get rich again."

Now that we are going over 300 and breaking the peta stats spedometer is it time to go solo mining yet?

Or is that out of the question and/or not helpful bc of the nature of the new pool?

You shall be hereafter known as herp V2. Good bye.

BDD.Mine's price is recalculated at the end of every difficulty rise. yes, the market is what buys and sells it, but thats the bet. it has a fixed value, if you can work out that value, you can make money. what im saying is its fixed. while PETA-MINE isn't.

and no. you haven't already said that. if you want to promote the comparison between a bond that's true value is derived from a calculation and a security then yes, your going to get called an idiot or a troll.

For somebody that is complaining i don't know what i'm talking about, you're making quite the bullshit statements yourself:


And i think i have already said that as well. If you think that i am wrong, tell me why i am wrong. This is the last time i am asking this in a nice way.

I check this thread sporadically; surprised to see BDD pop up here! I'm the fund manager for BDD 

mikemikemike speaks the truth when he recommends only speculating in BDD if you know what you're doing - it's a seriously multifaceted derivative and is very much unlike a stock, bond, or managed fund.

While B.MINE is cheaper per GH/s at the moment, there is no fund reinvestment or anything of that sort - you get the equivalent daily payout of a 5GH/s miner and nothing more. The share stops paying out once all of the funds for BDD are exhausted due to paying out dividends to B.MINE (if the difficulty increases / stagnates) or once 200 Days of dividends is less than .2mBTC (if the difficulty continues to increase).

PETA, on the other hand, has more equipment coming (as I understand it), will continually reinvest in the venture, and will sell off underperforming equipment at the end of its useful life (I assume).

B.MINE is valued on the market at what some speculators think the value of a 5GH/s miner will mine over its useful life. PETA is valued on the market at its current hashrate, the hashrate of future hardware, any BTC it has on hand, and the (eventual) liquidation value of its equipment. It's really an apples to oranges comparison, but B.MINE does offer a good benchmark rate on how the market values mining at a per GH/s rate (currently cex.io represents about a 65% premium over B.MINE).

BDD.Mine's value is a calculation and it drops pretty much in proportion to the dividends its paid out. its not exact, but there is a small percentage swing each way if you hold the winner out of BDD.MINE and BDD.SELL. In Theory, if you have both BDD.MINE and BDD.SELL, the total value of your investment plus your dividends will never change.

While PETA-Mine is a security. It has assets that are purchased using the funds raised during IPO, and funds provided by CryptX. CryptX uses these funds to invest in assets, these assets produce income, and that income is used to generate more assets and pay dividends. Unlike BDD.Mine, PETA-MINE's share price is set by the market, and not by a calculation.

Basically, these are two completely different things. If you don't fully understand what BDD is, then for your own sake, stay away from it. it is a very complex financial instrument, and is not there just for a simple buy-and-hold strategy.


And Darkstone2, you either don't understand what you are doing or you are trolling. Not that i've already said that before..

I tell you what. Since B.MINE is so fucking cheap right now, you should just strong buy B.MINE shares and sell all your PETA shares if you have any, do not stop until B.MINE shares hit 0.09 btc per share. That won't cost you much, probably 20~30 btc can do it. And congratulations, you get all the cheap shares in the market, yaaaaaaaaay.

what choice do we need to help you with sweety?
you sold already, remember?


now fuck off and stop posting nonsense

Add around 30% to that number since you're also paying electricity fees which BDD does not have.