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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 177. (Read 565837 times)

member
Activity: 60
Merit: 10
If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine.  I can handle large quantities.

PM if interested, we can work out the details.

please see the PM i sent you.

i will be investing in AM, but not for atleast another month until they are allot closer to production.

and no offense, but you are valuing PETA shares at 0.04, im looking to get out, but thats ridiculous, and way below my cost average.

i will wait for the market to recover, if it does so quickly, i will continue drip selling. otherwise i will lower my selling price, and continue with my drip sell strategy until i hit a support level that i can sell most of the shares off quickly.

anyways, this is my PETA bitcointalk account. i will be logging off now and will not be checking this anymore. any further offers please send me a PM, i will recheck this account for the last time tomorrow to check for offers.

once again, this has been a really great community, and i wish you all the best of luck for the future

I've sent you a PM to buy all the shares - please reply back today.
hero member
Activity: 617
Merit: 509
Crypto Card - https://platinum.crypto.com/r/28cz7d
So https://bitcointalk.org/index.php?topic=291141.2600 people are pissed with Bitmine....

From the Bitmine. Cryptx, could you please tell us how will this affect us? Where in the line are we? So we got one person making miners just for PETA, but where in the line are we, when the massive surge will come?

"Time has finally come for me to make things clear about past happenings and what you can expect from bitmine in the future. First of all I owe everyone an apology being that late clarifying things but I felt that explaining anything without first setting up, on one hand, a better production line that could catch up delayed orders, and on the other hand a competent customer support staff that could answer all of your inquiries, it would not be of much use. Adding to that, my insane work schedule never let me much time for the forum and your personal inquiries. That being said I want a couple of things to be clarified:

- We never, ever, favored "bigger" customers over "little" customers. It has happened that some partnering companies have payed us to have a different production line, where one fixed person stood in our production facility and made miners just for them. This never influenced the "main" production line and it is not the cause for other orders delays.

- We never took orders having in mind to never deliver them, using the money we received as "cashflow", as someone suggested. Paying for a refund is not only a financial loss for us (as we also have to pay an additional 10% as penalty) but it is mostly about having an unhappy customer, who will probably never come to bitmine again. I cannot stress this enough, we want ALL orders to be delivered as fast as possible.

I would like also to speak about our past mistakes, and after that, how you can expect things to go with bitmine from now on:

- Production issues: it is no secret, bitmine has been hampered with production problems for most of the time. For multiple reasons, production went too slow and this caused the delays that many of you are facing.

- Overconfidence: we were too confident thinking we could catch up delays and, at some point, we simply took too many than what we should have taken and this also led to delays.

- Lack of communication: at some point our small staff was overwhelmed with emails, phone calls, letters and people showing up on our front door. We should have reinforced our customer support staff sooner than what we did.

For these reasons, we at bitmine owe you a big apology. In our defense I want to remind you that bitmine is a young and relatively small company and for most of us, dealing with so many requests is something new which we never experienced before. And even if we think we are improving and willing to improve, we make ourselves no illusions that some mistakes will still be made.

This being said I want to explain you how things are going with bitmine currently. Production is slowly but steadily improving and we are finally catching up delays. Concerning customer support, we reinforced our staff and are happy to announce that in the last two weeks we answered almost all emails within 48 hours. We also hired a new PR, who is currently working with customer support and will begin getting in touch with the forum shortly.

Finally, I want to give you some words about what you can expect from bitmine in the future:

- MUCH faster delivery times than what you experienced until now.

- A competent and fast customer and technical support. Expect all of your emails to be answered within 48 hours. Also, our customer support team speaks english, italian, french and german.

- Up to date news concerning our products, firmware releases, and many other bitmine and bitcoin-related news and new ways to interact with us and give us your feedback.

Last, but not least, I will try to be more present in the forum and answer your personal inquiries in time to come. "
full member
Activity: 172
Merit: 100
A digression while waiting for info from CryptX   - oh, maybe next Monday? Wink.

Btc price barely reacted to a good news on Monday but today's reaction to continuous flow of news and 'no-news' from China regarding PBOC's stance is much larger. This is a bear market and dreams about 10k$ bitcoin are now forgotten. We are well under 500$ and could stay there for some time (several months?). 400$ could be strong support but short term dips towards 300$ or even lower are possible.

This could be challenging time for all miners and probably some ASIC producers. Today, hardware in hand is overpriced but it could change - you never know for how long people will be willing to pay for mining. Confidence and mood can change quickly - look what happened in this thread!
 
Of course, deployment is a priority but I think PETA-MINE should have a plan for arising opportunities in the next months.
sr. member
Activity: 241
Merit: 250
I'll try avoiding FUD or anything, however, Cryptx, any update based on YOUR http://www.peta-mine.co/petamine-will-deploy-700-ths-or-8-68-ghs-per-share/ announcement?
Are you counting weeks from Jan1st, so we are at week 14 today?
Are we missing what/how many, Rigs/Desks from your official post?

Is the schedule overdue only for Bitmine delays? What have they told/promised you until now?
(do you need someone locally to visit them more often and put some additional pressure?)
newbie
Activity: 34
Merit: 0
from my understanding "next monday" means March the 31ft, if I understand it, an update is due.
Cryptx you are online every day, so please clarify the situation, the deployment schedule has failed and missed all the deadline, the lack of information is unacceptable at this point.
hero member
Activity: 617
Merit: 509
Crypto Card - https://platinum.crypto.com/r/28cz7d

"The latest release of our deployment schedule was based on written and contractual agreed schedule from Bitmine upon visiting them in Switzerland."

So what is happening Cryptx?
legendary
Activity: 994
Merit: 1000
newbie
Activity: 6
Merit: 0
legendary
Activity: 994
Merit: 1000
full member
Activity: 154
Merit: 100
Apparently i was pretty close with my analysis of the network hashrate forecast and other details in Petamine's google docs document. The network hashrate is now 30% higher than expected, and petamine's hashrate is now half of what was expected.


transparency only hurts when people are being misled, when things arn't as what they appear on the surface.

attitudes like that are why people lose money in companies like GOX and Neobee

investors should be able to see exactly what they are putting there money into.


Then you live in a fantasy world. Show me a publicly traded company that is transparent like you're talking about and I'll be quiet.
Rental starter and BDD seem pretty transparent to me. Additionally, if you gain a decent chunk of an public traded company, you will usually get voting or board rights that allow you to see what happens behind the scenes. If i brought 100% of petamine i would be getting exactly nothing of that.


....

Long and short, not making false promises is far better for a company than promising and failing to deliver. I never invested because of the "custom hardware" they were making. Knowing how custom hardware design and production goes, if they delivered that, it was icing on the cake.

Very valid points, but comparing a known million-dollar-company with an reputation and existing cashflow to an industry where 95% of startup are close to a scam is not really fair. For example, the neobee share is currently going nuts because nobody knows what is going on. The average bitcoin investors seems very sensitive to FUD.
newbie
Activity: 6
Merit: 0
transparency only hurts when people are being misled, when things arn't as what they appear on the surface.

attitudes like that are why people lose money in companies like GOX and Neobee

investors should be able to see exactly what they are putting there money into.


Then you live in a fantasy world. Show me a publicly traded company that is transparent like you're talking about and I'll be quiet.

thats my point. this isn't a regulated publicly traded company. this is a forum on the internet. thats all we know. no regulation, no fixed responsibility.

you say you understand this space but you clearly do not. this is bitcoin, not wallstreet. you think like a normal investor in bitcoin you will get scammed.

we need transparency.

otherwise things like gox and neobee happen.

either self-regulate or burn

stop comparing a regulated publicly traded company with a "startup" thats only real contact and basis is what we have been told in a forum post on the internet. so so stupid.

people like you only think with what you have been told. keep thinking this is like the real world and you will end up losing all your money

if it wasn't for the mining pool how would we know this wasn't just a ponzi scheme? transparency is all we have. silly silly man
newbie
Activity: 36
Merit: 0
transparency only hurts when people are being misled, when things arn't as what they appear on the surface.

attitudes like that are why people lose money in companies like GOX and Neobee

investors should be able to see exactly what they are putting there money into.


Then you live in a fantasy world. Show me a publicly traded company that is transparent like you're talking about and I'll be quiet.
newbie
Activity: 6
Merit: 0
transparency only hurts when people are being misled, when things arn't as what they appear on the surface.

attitudes like that are why people lose money in companies like GOX and Neobee

investors should be able to see exactly what they are putting there money into.

also, this isn't GE. there is no regulations. no big building to liquidate, no governments or banks to answer to, no customer service desk, no investor relations. stop comparing two completely different environments.

its stupid, misleading and has nothing to do with the bitcoin securities landscape
newbie
Activity: 36
Merit: 0
If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine.  I can handle large quantities.

PM if interested, we can work out the details.

Great businessman u are lol I think the ratio is more like 10:1 but what the heck it's worth a shot anyway..

looks like were going to be back to pre-ipo prices before the end of the week. id sell my shares if i didn't buy in at 0.12 Sad

Damnnnnnnnn that's gotta hurt!

it does. its just such a shame. this project looked so good. but im with mikemikemike, however much of a kid he sounds he seems to know his shit inside out, and considering he has been the one trying to keep the faith in this project alive, it says allot that he is going. think i might have to sell at a loss. this could have never been the case if we had better investor relations, but its clear cryptx has some deal with bitmine where they are keeping quite a few machines, i mean, think about it, they dont own any shares, how else are they making money?  Huh

plus, not updating us about the PCB's when everyone is worrying about them just shows they dont care about us

so much money down the drain  Cry

Jeeze guys handle your sh*t. Investing in anything BTC is risky. Production delays have always been the status quo in this space.

I agree that more hardware needs to come online in the mine faster but complaining about it here isn't going to make it happen any faster. It's just going to spread malcontent among the investors and hurt the project.

IMO Peta has done nothing but deliver from the get go. I've never gotten a whiff of scam about this project and I truly believe the managers are doing everything they can to make things happen.

I'm going to continue to hope for a positive update in the future but I also don't see the need of reporting anything if there's nothing significant to report. Transparency can hurt just as much as it can help.

Continuing to hold.

but if everyone asking about the PCBs and cryptx is completely ignoring us, you dont think that sounds like scam? how are they making money? maybe not scam but i dont think they care about us

im going to sleep/ hopefully things look better in the morning

If I am a shareholder of GE and I ask them when how the progress of the Gen 3 120 wind turbine is on an online forum do you think they will issue a statement based on my request?

Unless the Gen 3 turbine is ready to roll into production is it ever in the company's best interest to comment on specific progress? No. Why? Because it commits them to meeting specific deadlines that may be unattainable because there are factors beyond their control.

If I have a team working on developing a product for me and they say "Yea, development is going smoothly, we should be ready to ship in 3 weeks." Am I going to make a statement that I'm going to release this brand new widget in three weeks? Hell no. Why, because the widget still has to be tested (which will result in bugs that need to be fixed which results in extra weeks) then the widget needs to be manufactured in China. Now when the container ship carrying the widgets back to me hits an iceberg and sinks with all my widgets, I still need to wait another 4 weeks to get new widgets made.

Now 3 weeks rolls around and my investors are waiting to hear about my promised roll out of my widgets and I have to tell them, "Well, we just entered the testing phase, and the widgets haven't even begun production yet." Then my share price plummets because I failed to deliver. I could pad this with ", but don't worry, because production will be fully complete in 5 more weeks." Then when the ship sinks with all my widgets I get to make another statement that again causes the share price to plummet.

However, if I just keep quiet and say "Things are progressing nicely." every now and again then my share price stays in relative limbo (for a time) while the public argues about what is going on behind the curtain.

Long and short, not making false promises is far better for a company than promising and failing to deliver. I never invested because of the "custom hardware" they were making. Knowing how custom hardware design and production goes, if they delivered that, it was icing on the cake.
member
Activity: 82
Merit: 10
I swear, every time I go to a different page, the mood swings completely in the opposite direction.  One page we're all happy and we love each other, the next one the world is ending.
newbie
Activity: 34
Merit: 0
If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine.  I can handle large quantities.

PM if interested, we can work out the details.

Great businessman u are lol I think the ratio is more like 10:1 but what the heck it's worth a shot anyway..

looks like were going to be back to pre-ipo prices before the end of the week. id sell my shares if i didn't buy in at 0.12 Sad

Damnnnnnnnn that's gotta hurt!

it does. its just such a shame. this project looked so good. but im with mikemikemike, however much of a kid he sounds he seems to know his shit inside out, and considering he has been the one trying to keep the faith in this project alive, it says allot that he is going. think i might have to sell at a loss. this could have never been the case if we had better investor relations, but its clear cryptx has some deal with bitmine where they are keeping quite a few machines, i mean, think about it, they dont own any shares, how else are they making money?  Huh

plus, not updating us about the PCB's when everyone is worrying about them just shows they dont care about us

so much money down the drain  Cry

Jeeze guys handle your sh*t. Investing in anything BTC is risky. Production delays have always been the status quo in this space.

I agree that more hardware needs to come online in the mine faster but complaining about it here isn't going to make it happen any faster. It's just going to spread malcontent among the investors and hurt the project.

IMO Peta has done nothing but deliver from the get go. I've never gotten a whiff of scam about this project and I truly believe the managers are doing everything they can to make things happen.

I'm going to continue to hope for a positive update in the future but I also don't see the need of reporting anything if there's nothing significant to report. Transparency can hurt just as much as it can help.

Continuing to hold.

but if everyone asking about the PCBs and cryptx is completely ignoring us, you dont think that sounds like scam? how are they making money? maybe not scam but i dont think they care about us

im going to sleep/ hopefully things look better in the morning
newbie
Activity: 36
Merit: 0
If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine.  I can handle large quantities.

PM if interested, we can work out the details.

Great businessman u are lol I think the ratio is more like 10:1 but what the heck it's worth a shot anyway..

looks like were going to be back to pre-ipo prices before the end of the week. id sell my shares if i didn't buy in at 0.12 Sad

Damnnnnnnnn that's gotta hurt!

it does. its just such a shame. this project looked so good. but im with mikemikemike, however much of a kid he sounds he seems to know his shit inside out, and considering he has been the one trying to keep the faith in this project alive, it says allot that he is going. think i might have to sell at a loss. this could have never been the case if we had better investor relations, but its clear cryptx has some deal with bitmine where they are keeping quite a few machines, i mean, think about it, they dont own any shares, how else are they making money?  Huh

plus, not updating us about the PCB's when everyone is worrying about them just shows they dont care about us

so much money down the drain  Cry

Jeeze guys handle your sh*t. Investing in anything BTC is risky. Production delays have always been the status quo in this space.

I agree that more hardware needs to come online in the mine faster but complaining about it here isn't going to make it happen any faster. It's just going to spread malcontent among the investors and hurt the project.

IMO Peta has done nothing but deliver from the get go. I've never gotten a whiff of scam about this project and I truly believe the managers are doing everything they can to make things happen.

I'm going to continue to hope for a positive update in the future but I also don't see the need of reporting anything if there's nothing significant to report. Transparency can hurt just as much as it can help.

Continuing to hold.
newbie
Activity: 34
Merit: 0
sounds like fud to me, at this stage I'm expecting a further update from cryptx soon, our last one was quite recent. To throw in the towel due to a misunderstanding over monday's is fairly dramatic. And to say "giving up on life" but to say you are calm is confusing

i dont think he was speaking litarally about the whole giving up on life bit, just think peta. and yeh, does seem a little dramatic, but i guess it was just the last straw

it is only one person, but the consistant drop in share price over the last two months doesnt lie Sad

do you think he is serious about selling all those shares?

this sucks  Sad
sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
sounds like fud to me, at this stage I'm expecting a further update from cryptx soon, our last one was quite recent. To throw in the towel due to a misunderstanding over monday's is fairly dramatic. And to say "giving up on life" but to say you are calm is confusing
newbie
Activity: 34
Merit: 0
If you are disheartened by PETA and want out but find yourself without liquidity to sell I would be willing to trade AsicMiner shares 1:15 for PETA shares.

15 PETA Shares of yours to 1 AsicMiner Direct share of mine.  I can handle large quantities.

PM if interested, we can work out the details.

Great businessman u are lol I think the ratio is more like 10:1 but what the heck it's worth a shot anyway..

looks like were going to be back to pre-ipo prices before the end of the week. id sell my shares if i didn't buy in at 0.12 Sad

Damnnnnnnnn that's gotta hurt!

it does. its just such a shame. this project looked so good at the start. but im with mikemikemike, however much of a kid he sounds he seems to know his shit inside out, and considering he has been the one trying to keep the faith in this project alive, it says allot that he is going. think i might have to sell at a loss. this could have never been the case if we had better investor relations, but its clear cryptx has some deal with bitmine where they are keeping quite a few machines, i mean, think about it, they dont own any shares, how else are they making money?  Huh

plus, not updating us about the PCB's when everyone is worrying about them just shows they dont care about us, either that or the PCB's dont even exist

i only own 5 shares but thats allot to me. such a shame to see this happen  Cry
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