Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 176. (Read 565837 times)

My guess 0.00051 for dividend. Hopefully, the last dark days. Also, we ought to get  the reinvested 18TH/s... this Friday...?

Mined + Eligius not paid + avg NMC = 2 + BTC price variance

0.0005662 dividend

Getting worse. Hopefully at this friday update from Cryptx we will get some additional answers/news?

Is there ever an instant that eligius would not be able to payout the all the bitcoins due?

Yes, I see.. CryptX treats bitcoins in payout queue as already 'paid' and uses them in divs calculations.

What?????

There is 50btc in the address, plus 30btc in the payout queue and we have nearly 24 hours before payouts are due.
Depending on how long we spend in the queue we could see another 12-15btc in the next payout, and if we don't crypt has accounted for pending earnings in the dividend math.

not for long :/

my dividend prediction for tomorrow: 0.00060891 (assuming BTC price holds at 450, less if not )

More hashpower than last week, same difficulty, less bitcoins minted...  
Luck was not with Eligius this week.

Dividend for this weeks is going to be low...

You must have missed this document. Which turned out to be a giant load of crap (for which i have warned everybody about a month or so ago).

I'm pretty sure that they will make an update tomorrow, once posting latest dividend info. But if they don't, I'm out then.

guys, at least were not as screwed as COG... lol  i read the posts and it cheers me up. even though i bought in at over twice the IPO price. try reading it, it might just cheer you up.
https://bitcointalk.org/index.php?topic=67547.2820

Cryptx makes a post every Friday, no need to ask updates before Friday, because this is the only day they post in this section.

You can copy paste every previous question a thousand times, it would make 0.000000 difference

BTW, he did never gave a time stamp for when would that be achieved.... it could be in 1 week or 1 month or at the end of the year, he just said 700TH/s and you all jumped "YAY ", I knew that he wouldn't be able to achieve that goal in a matter of a couple of months, and this just by looking at Bitmine problems... and this is why I sold all my shares with a 20% profit from the IPO price, but most of you trashed me and were yelling that I have agendas !!!  seriously ! why should I sell at the first place ?

otherwise, the share price doesn't effect the operation, Cryptx has collected the funds and invested them, so the share price going up or down has nothing to do about the health of the operation, the only thing that is screwing it, is the delays of Bitmine and the possibility of ASICMINER and other manufactures destroying all future efforts and profits.


Cryptx still have a 19K shares that can still sell if there is a need for new funds to jump over ASICMINER chips or any other chips prototype, that can save this operation after Bitcmine Fuck-up. but selling them at 0.06 or even 0.05 will be almost impossible given the fact that the IPO price doesn't remotely represent the first schedule of this operation, add to that lost revenue..

Otherwise, I wish you all good luck.

I'm sure Cryptx logs in to check what the current sentiment is among people posting in this thread. Which means, in all likelihood, Cryptx hears your concerns.

If you look back to the start of the year, this project missed it's initial deployment window too. The mine was supposed to be up and running at the start of January and the first dividend wasn't paid out until the end of February.

I'm not saying it's acceptable, but I have come to expect delay as par for the course in this realm.

IMO, the biggest mistake Cryptx made was promising the 700 TH/s before the project met its initial goals. That attracted a lot of investors who bought in without realizing the history of this project. As a shareholder from when Peta was still on cryptostocks, mum has always been the word and there have been periods of "inactivity" while waiting for deliveries before. I think Cryptx is acting just as they always have.

Couldn't agree more.
But following your example... if "we" are 51% of investors asking the same shit over and over, does it make any difference?
Or even more simple. Asking what happened to the previous (end of Feb) "promises"?
Seeing him logging into the forum and not answering (or not updating us) is like seeing a debitor who owns you something and he doesn't even acknowledge you. Doesn't really give you a good feeling, doesn't it?

Heeding this advise would set a bad precedent. If a company were to answer a question directly then it would set a precedent that "they answered his question why aren't they answering mine?" Then they get into the dangerous game of always having to provide answers to any questions from anyone. Dangerous path.

I just read this thread back to the last Cryptx update. There are a total of 8 posters who have actually requested updates. It may seem like more because you guys are asking the same thing over and over. To do some math, if you think they should be answering you:

If each of you owned 504 shares of Peta, together, you would account for 5% (4033.7 shares) of the holdings of the company. Now, do you guys own that much? And if you do, I still don't think Peta would jump for your combined 5% holdings. You may say that's bad business, but appeasing 95% of investors is an amazing statistic.

Now what baffles me, is why you come here and keep posting the same questions over and over again.

You, as an investor, have real choices:
A.) Continue to hold your shares and hope for the best.
B.) Sell your shares because you think this is a losing venture.

If I had the same bad taste in my mouth that you guys appear to have I would have sold weeks ago. I don't have that bad taste so I didn't. I also know that Cryptx won't answer posted questions here. There's no precedent for that so there's no reason to ask.

Confidence in AM is enormous IMO - people believe in synergy between production and mining. Also, the past helps AM.

AM now more than 10x as expensive per share than peta, whilst paying expected proportional yearly yield of 100x less, what a strange market.
Is it the confidence in peta that's low, or the confidence in asicminer which is so high?

hmm..., you mean 'a part'