Code:
2014-08-25 2014-08-25 0.00000221
2014-08-24 2014-08-24 0.00000421
2014-08-23 2014-08-23 0.00000545
2014-08-22 2014-08-22 0.00000948
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 18. (Read 565829 times)
Divs are in. Enjoy you bagholders
They mining at ghash, not p2pool.
But the shareholders voted for p2pool. It makes no sense to not listen to your shareholders, unless you are a filthy crook like cryptx. Have fun sinking.
They mining at ghash, not p2pool.
Sounds about right.
That PETA vote a while ago to not add gear to their arsenal meant that it would be an effective mining bond
Which means that it always loses values whenever difficulty rises.
That PETA vote a while ago to not add gear to their arsenal meant that it would be an effective mining bond
Which means that it always loses values whenever difficulty rises.
Reinvesments, aka using mining revenue from unprofitable mining gear to buy more unprofitable mining gear didnt make it better, it made things (a lot) worse. 100% dividend payout (after exuberant fees) was definitely an improvement; at least investors got some ROI, instead of potentially ~zero @100% reinvestment.
As for opting out of p2pool. I guess I would feel duped too if I had voted for it, but switching to p2pool would have done nothing to long term ROI, if anything, the extreme variability might well have cost you dearly.
Ive been predicting whats happening now for many months. It should surprise no one. By and large, hash rate growth is continuing its 12 month trajectory and is almost exactly as predicted. I didnt and couldnt predict the loan being converted to shares and switching to 100% div payout, which makes the return considerably better than before, but I also couldnt and didnt predict the BTC value drop, which makes things worse than anticipated. Both effects combined pretty much cancel each other out, and my numbers where spot on. p2pool would have done nothing other than hugely increase variability.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Dear Investors,
We've been receiving quite a few questions regarding whether or not we will be investing in new hardware. The answer is hell no! That would require that we give a f!@# We gave you people a choice and you made it now quit complainin and take these ever decreasing dividends and hold onto them for dear life. Bitcoin ever hits the $10-12K mark you must might break even after all. Now let's turn those frown's upside down people because we here at CryptX will continue to monitor the bitcoin mining 'situation' closely!
We've been receiving quite a few questions regarding whether or not we will be investing in new hardware. The answer is hell no! That would require that we give a f!@# We gave you people a choice and you made it now quit complainin and take these ever decreasing dividends and hold onto them for dear life. Bitcoin ever hits the $10-12K mark you must might break even after all. Now let's turn those frown's upside down people because we here at CryptX will continue to monitor the bitcoin mining 'situation' closely!
Sounds about right.
That PETA vote a while ago to not add gear to their arsenal meant that it would be an effective mining bond
Which means that it always loses values whenever difficulty rises.
Dear Investors,
We've been receiving quite a few questions regarding whether or not we will be investing in new hardware. The answer is hell no! That would require that we give a f!@# We gave you people a choice and you made it now quit complainin and take these ever decreasing dividends and hold onto them for dear life. Bitcoin ever hits the $10-12K mark you must might break even after all. Now let's turn those frown's upside down people because we here at CryptX will continue to monitor the bitcoin mining 'situation' closely!
:p
We've been receiving quite a few questions regarding whether or not we will be investing in new hardware. The answer is hell no! That would require that we give a f!@# We gave you people a choice and you made it now quit complainin and take these ever decreasing dividends and hold onto them for dear life. Bitcoin ever hits the $10-12K mark you must might break even after all. Now let's turn those frown's upside down people because we here at CryptX will continue to monitor the bitcoin mining 'situation' closely!
:p
Im taking actions, contacting Finnish police because they misslead me to think they are going to use p2pool - got me investment in what turns out to be ghash bullshit and me loosing all I invested in their false lays
It doesnt matter to me if some eqipment does underperform in p2pool - in p2pool its shares you get that counts. newer seen any harware that cant be used on p2pool. So im very angry with yhose fuggots that got me in - because telling that they use p2pool.
It cant be so difficult to edit sscantime and queue options if they got some people that can edit those options?
If i had a gun, i would use it.
It doesnt matter to me if some eqipment does underperform in p2pool - in p2pool its shares you get that counts. newer seen any harware that cant be used on p2pool. So im very angry with yhose fuggots that got me in - because telling that they use p2pool.
It cant be so difficult to edit sscantime and queue options if they got some people that can edit those options?
If i had a gun, i would use it.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Well it's still connected to difficulty
And it looks at present that the difficulty increase will be roughly another 21%
https://bitcoinwisdom.com/bitcoin/difficulty
And it looks at present that the difficulty increase will be roughly another 21%
https://bitcoinwisdom.com/bitcoin/difficulty
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
Funny rally. Price is ฿0.001. -86% in three months. If thats a rally, I wonder what a crash looks like.
As for the delay in difficulty affecting dividends, of course there is significant variability too, but latest divs where 0.00000545. Thats a lot of zero's. It wont be long before havelock needs to add decimal places.
Yeah, talk about a whopping dividend. Looks like this puppy is going to be crashing alot faster than I anticipated.
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
Funny rally. Price is ฿0.001. -86% in three months. If thats a rally, I wonder what a crash looks like.
As for the delay in difficulty affecting dividends, of course there is significant variability too, but latest divs where 0.00000545. Thats a lot of zero's. It wont be long before havelock needs to add decimal places.
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
The death knell for PETA was sounded ages ago...whether or not people choose to listen to it is a different story.
Yeah - but don't forget, one can make money in any market! Even on a dying enterprise!
Isn't that statement usually true, because you can usually short sell stocks, buy puts, or sell calls? I don't think Havelock offers that functionality.
But yes, the PETA price has gone up just a little over the past couple of days. I've seen this happen in the past. The price will probably start falling again in a few days.
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
The death knell for PETA was sounded ages ago...whether or not people choose to listen to it is a different story.
Yeah - but don't forget, one can make money in any market! Even on a dying enterprise!
Isn't that statement usually true, because you can usually short sell stocks, buy puts, or sell calls? I don't think Havelock offers that functionality.
But yes, the PETA price has gone up just a little over the past couple of days. I've seen this happen in the past. The price will probably start falling again in a few days.
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
The death knell for PETA was sounded ages ago...whether or not people choose to listen to it is a different story.
Yeah - but don't forget, one can make money in any market! Even on a dying enterprise!
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
The death knell for PETA was sounded ages ago...whether or not people choose to listen to it is a different story.
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine
...or the Bitcoin price increases to $1200 again!? 
Wouldnt that just add to the frustration of seeing your precious bitcoins evaporate?
Well, would it take 2 days to affect the revenues?
Yes. Possibly even more, depending on how the pool organizes the PPLN rounds and how many confirmations they need for determining maturity, how fast they pay out etc.
Regardless if you think (on average) div's are going up or even remain flat, I have a bridge to sell. You are getting to the point where nearly 50% of the mining revenue is spent on fees. What do you think will happen to divs if average mining revenue drops by 20%? Hint: they dont just drop by 20%.
...or the Bitcoin price increases to $1200 again!?
Well, would it take 2 days to affect the revenues?
Yes. Possibly even more, depending on how the pool organizes the PPLN rounds and how many confirmations they need for determining maturity, how fast they pay out etc.
Regardless if you think (on average) div's are going up or even remain flat, I have a bridge to sell. You are getting to the point where nearly 50% of the mining revenue is spent on fees. What do you think will happen to divs if average mining revenue drops by 20%? Hint: they dont just drop by 20%.
Dividend today wasn't bad at all,thought this last difficulty increase was really gonna kill it
There is a delay between difficulty changing, and it affecting pooled mining revenue. Thats because blocks have to mature and because of PPLNS.
I wouldnt think so,there might be a smaller one at some point in this difficulty cycle but two days of good dividends makes weighing this storm easier.Asks are getting taken out pretty quickly,looks thin till about .0015
Seriously, I still don't own this shit, but I see it every day on the funds page with divs at a 40% variance. Scryptx, honestly, you need to do something like divs at 1% of net holdings over a running period to smooth that and bring some dignity back to this offering.
Also, owner of 1DHKv9GLzapvFjmQfUyf9qvZEshyRCTkfY - I see you.
Also, owner of 1DHKv9GLzapvFjmQfUyf9qvZEshyRCTkfY - I see you.
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