Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 165. (Read 565837 times)

and no offence, but your all wrong.

firstly, you can't use CEX.io prices to value a security. i think E f f e c T posted a pretty detailed explanation why.

and also, if hashing doubled, we would have a yield of over 100%, there is no way the share price then goes down to 0.05. the yield would then be 130%. these are securities guys, not cloud mining contracts. stop being silly comparing the two.

anyways, im gong to sleep. and then im gonna wake up a sing and dance because FUCKING YES CRYPTX YOU LEGEND

guys seriously, stop feeding the troll. we know he's here to spread FUD, lets not acknowledge his bullshit with a dignified response. its just wasting time and actually giving credibility to the shit he comes up with

WHAT THE HELL?

Who decided that an operation can't run on 20% or less a month in return? Your own website claims your making 15%/quarter thats 5%/month so I guess your failing?
Those of that see bitcoins potential are in this for the long haul, even 10% return a month is 120% net a year, that's 100% roi in 8.5 months give or take a few days and after that its all profit. If your in bitcoin to become a billionaire in 6 months, your doing it wrong. If you keep comparing roi from invested btc in the fiat equivalent you will get confused and lose money. Its better to calculate return on btc earned from an investment.

Not sure how to address the apples versus pears, no clue what that even means. Not sure you do either.

Would you please post your calculations or provide a link to where you have posted them? I have looked at your site and to be honest the design scares me a bit, I have built more than my share of websites over the past 2 decades and never would create something that tacky and badly worded.
If english isn't your first language find someone to rewrite it for you so its easier to understand and doesn't scream scam. Honestly it hurts my eyes to look at it.

First off, when I gave peta a fair value of 0.026btc I was using the lowest priced cloud mine I was aware of.
I made a mistake and didn't include that info in my previous posts, so I will do the math from scratch.

You can't base the current fair value of something on information from one of many possible futures.
We will use the following stats for a fair value assessment for TODAY.
Peta Hashrate of 195.18THS = that is the 24hr average at the time of this post.
I will skip ROI because cex and peta both allow you to cashout.
I will compare it to cex.io current price because see above line. Plus you can be mining NOW, Not when the FHA and FHM convert to ghs

I was never good at showing my work so if I screw up somewhere, please call me on it and I will fix it.

Step one, we divide the current hashrate of the mine by the outstanding shares.
195,180ghs/80674 = 2.41ghs/share

Cex current ghs price = 0.0106
0.0106 * 2.41 = .0255btc/share
So if they double the hashrate that puts them at 4.82ghs/share meaning .051btc/share.

I know the above was over simplified, but I haven't seen any in depths analysis from you so all I can assume is that your doing very basic math to come to your conclusions. If you would like me to include other variables, throw up your own equations and I will respond in kind.

You are also forgetting one very, if not the most important part when it comes to anything traded/bought/sold on a free and open market.
Investor sentiment and emotion. The intelligent, emotionless investor/trader can assign all the fair values they want to something, but a free market is basically an auction where most people let their emotions control their trading. When the average investor reads news about petamine deploying new hardware or that they expect to be receiving the first custom hardware in the coming days they buy in on hope for the future, and if/when its bad news the opposite is true. Its not the news that moves the market its the traders reaction to the news that does it.

That account is moot now. Cex.io/ghash.io don't auto payout to nmc/dvc/ixc, and it would make more sense for them to withdraw direct to an exchange instead of using an address in the middle.

Our namecoin address: https://dotbit.me/block_explorer/address/N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

The merged mining is an extra 1.1% or so if we are lucky, I would rather they wait till there is enough there to buy more than a cup of coffee before they cash it in.
I would also rather see it go straight to new hardware as well.

lol

Brcmine, what do you have to say? When will we reach 0.025?

Sweet, not a bad update. Looking forward to the new rigs starting up soon and a sudden jump in hashing power.

On a plus note we seem to still be making "steady" progress with regards to hashing power aside all the problems with shipment and such.

End of Week 1. Average Hash Rate: 60th
End of Week 2. Average Hash Rate: 64th
End of Week 3. Average Hash Rate: 100th
End of Week 4. Average Hash Rate: 120th
End of Week 5. Average Hash Rate: 151th
End of Week 6. Average Hash Rate: 175th
End of Week 7. Average Hash Rate: 194th

Keep on Trucking Cryptx!

Nice update thanks cryptx.  Well crud, was thinking I might be able to buy another share with my earnings from todays dividend (yeah 1 man, some of us are small time here), but looks like share price has gone up quite a bit.

*Look at me...not happy when it's tanking...not happy when it get's just beyond my reach!!  Cryptx definitely seems to be shooting straight with us imho.

P.S.  Would be nice to get a breakdown of DVC/NMC/IXC coin revenue and where it get's directed too.  Personally I would love to see it go towards more hardware reinvestment.

BTC would have to drop near $150 before the hosting fee outweighs the payout.

thanks!!!
good news!

waiting next week, Thank you for this important update!!!

Aaaaand share price is up. Well thanks guys

Dear CryptX, thank you for the update and all the good news!

Hosting Fee is indeed pretty high, as expected. Could it be possible to give a little more specific information, what are these main factors, that affects to Hosting Fees and how much (except BTC price)? And for example, if BTC will drop some 30-40% more, could we have a situation, where Hosting Fees are more than Dividends? Or more than Dividends and Reinvestments together? And could there be any method to reducing this currency volatility effect for Hosting Fees?

So I don't asking you to give your most confidential company information and definitely do not want to say that you should attempt to offset the possible losses of your investors from your own pockets. I just want to ask a little more transparency on this question, if possible? I would appreciate very much! Thanks again!

YES YES YES I FUCKING LOVE YOU CRYPTX

God dammit, was hoping custom boards wouldn't come online until I had bought up more cheap shares. Still, amazing news, this is so far my favourite crypto-stock. When the next BTC boom happens we are going to rake in the cash. Anyone want to sell 2 BTC worth of shares pm me.

That is it. Next week is big show.

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.