Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 174. (Read 565837 times)

Thanks for update. An update every friday works fine for me (even if I check here daily

Still, some good points, anon29426. 'Delivery ramping up' is really sweet talk - they at bitmine are still not sure when the production of rigs will even start! And that 'coming weeks' timeline is very vague.

If we look at the coins minted, PETA did manage to keep with diff last week(s), it's that btc price drop lowered our divs.

Thank you Cryptx for the update.


This issue hasn't been raised before as we've not previously been producing our own hardware, but am I correct to assume that any profit from hardware produced that doesn't go into reinvestment of the mine will be paid in dividends?

If my memory serves, your previous bitfury sales business wasn't part of the mine profits.  I'm just trying to figure out how to value this asset and need to know what hardware sales you are referring to.

Status update:

- We visited Bitmine last Monday and had a conversation about the ongoing delays. Production remains an issue as they suffer a lot of delays from their manufacturer(s), components that get stuck in customs, etc. It is clear to us that however hard they try and with all good intentions, things will take some time before they really get up to speed. We follow up on their progress each day.

meaning they sweet talked you again and everything is back to where we were. we have received only 20 maybe 30 units from them in the last 10 days even after we were told delivery was ramping up. they are completely incompetent and we are relying solely on them, great. were just as fucked as all there other customers are. and no offense, but who gives a fuck about there intentions? they are either capable of delivering or not, and they are clearly not. they are absolute amateurs. if you have a CPP with them activate it and get the machines elsewhere, otherwise week in and week out they are just gonna feed you BS

- Hardware from reinvestment should arrive by Monday or Tuesday which is currently on its way from Hong Kong.

not news

- We switched mining from Eligius to Ghash.io, this should allow more frequent payouts and additional mining of altcoins (NMC, DVC, IXC). New stats are available here: http://www.peta-mine.co/stats/ . Note that stats are still in Beta

good news

- Last but not least, we will start with the production of our own systems within the coming weeks. We have two working designs and are preparing for full-scale manufacturing and assembly.

"coming weeks" - meaning june if we are lucky.

on another note, we haven't even kept up with the difficulty over the past two weeks which is a joke considering we're still miles away from where we're supposed to be, and still with major issues from pretty much our only supplier, who don't seem to be fixing anything on there end. i see us getting completely pushed out of the market in the coming weeks as the difficulty starts to ramp up, we are so lucky that its been low the last couple of weeks, if it wasn't, then we would have already been pushed out.

Dividend:

102.13891005 BTC in total from mining:
- 48.55633648 as Dividend (0.00060188 BTC / share)
- 26.14571964 Reinvestment (brings total to 29.77911302 BTC)
- 27.43685393 Hosting Fee

Status update:

- We visited Bitmine last Monday and had a conversation about the ongoing delays. Production remains an issue as they suffer a lot of delays from their manufacturer(s), components that get stuck in customs, etc. It is clear to us that however hard they try and with all good intentions, things will take some time before they really get up to speed. We follow up on their progress each day.
- Hardware from reinvestment should arrive by Monday or Tuesday which is currently on its way from Hong Kong.
- We switched mining from Eligius to Ghash.io, this should allow more frequent payouts and additional mining of altcoins (NMC, DVC, IXC). New stats are available here: http://www.peta-mine.co/stats/ . Note that stats are still in Beta
- Last but not least, we will start with the production of our own systems within the coming weeks. We have two working designs and are preparing for full-scale manufacturing and assembly.

Updates going to be exiting. Even the thought of being updated gives me a boner! Yeah! Update us Cryptx! Update us hard!

well, at least this new stats system will make guessing dividends a little bit more interesting

i question whether the extra 30 TH/s was CryptX's private machines from this project, probably not, probably just the stats system playing up

on the plus side, trying not to feel too negative, the added merged mining should be good

"Gone With The Wind"

Well, there still is one TH/s on Eligius...

anddddddd its gone

sooo, this 210 we were just talking about?

I took it personally because the only "bad" word I said was "prostitutes"... It doesn't matter, TO THE MOON! xD

Maybe it was just fluctuation.

You guys sure we're at 210 TH/s? The average hashrate based on a 1h interval looks about the same as our hashrate on Eligius (170-175 range).

EDIT: Yeah, now they match.

Just for record.
If 210TH holds then we are surpassing today the original deployment hash rate per share of 2.4Ghs.

EDIT: it didn't

He's just cleaning up the thread, don't take it personally. There's a separate speculation thread if we need to get wacky.

And that 210TH/s sure is delicious!

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Nice 210 TH/s ! HODOR!

better than no stats, and allot more merged mining. definitively a step in the right direction

and yes, we re hashing at 210TH/s

it looks like they are just playing around with the configuration

FYI, thats nearly a 25% increase in a day.

still only 20 bitmine machines though as im assuming the other 20 our are reinvestment

With the poor new stats it's difficult to say...