China is in panic sale, because central bank didn't deny last rumors (3 days ago) about 'ban' on bitcoin ('ban' means ordering banks to close accounts for chinese bitcoin exchanges on April, 15th).
Well, that rumor is out again and again every few weeks, but this time central bank didn't react on that.
I think it's just a FUD, but I'm far far from China.
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 182. (Read 565837 times)
Next week dividend speculation, with btc @ $400
0.00061999
0.00061999
It's very unlikely BTC will go that low and stay that low, the resistance at 480 is crazy, last time BTC dropped below 450 whales propped it back up very very quickly, also, if you look at the previous bubbles were sitting at a kind of line we cannot cross, so yeah, if we do, I think it will be temporary, maybe lasting a couple of days at most
I say this, if we have any really really bad news then maybe, but otherwise, probably not
Anyways, I think we will be allot closer to 0.0007, with CryptX pushing bitmine and going to visit them next Monday, I wouldn't be surprised if we have a record week in additional delivery as bitmine try and keep CryptX happy. Also, lets not forget the last two weeks we have seen record hashing increasing on our end week on week, I expect that to continue
Anyways, that's just my opinion
Keep up the great work CryptX
PS: does anyone have any insight on how custom boards are built? I'm assuming we buy chips, then implement them on custom board? Then build the housing ect? If this was the case, then it would make allot of sense for CryptX not to mention the custom boards until we have a chip supplier?
Let me know. I'm a little confused as to the process of building our own machines
Thanks,
Next week dividend speculation, with btc @ $400
0.00061999
0.00061999
AM price is $0.5-$1 per Gh/s, not per chip.
Also, you used just the cost of a bare chip.
Need to add the cost to design and manufacture the PCBs, populate PCBs with chips, add cooling, power...
Also, you used just the cost of a bare chip.
Need to add the cost to design and manufacture the PCBs, populate PCBs with chips, add cooling, power...
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing
that would make waaay too much sense
And you can totally mine with chips alone. Just PNP.
Quote
Specification
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage
Yesterday they (AM) got first batch of chips, and now are doing some testing.
I would really like that CryptX take AM chips into consideration. Reference board design will be open-source.
I second that, with the same amount of bitcoins that we spent on 18TH we could have had alot more possibly within the next month as AM expects to mass produce within the next month. 108 BTC @500= $54000 @ .5-1$ per chip hashing at 12.8GH = 691200 GH (691.2TH) earliest delivery - 1382400 GH (1382TH) (later delivery).
someone check my math...
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing
that would make waaay too much sense
And you can totally mine with chips alone. Just PNP.
Quote
Specification
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage
Yesterday they (AM) got first batch of chips, and now are doing some testing.
I would really like that CryptX take AM chips into consideration. Reference board design will be open-source.
ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?
Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?
and yes of course i want to buy cheap and sell on a high.
770TH is really pushing it. We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped. Just opening boxes and cutting cables and labeling with take a serious amount of time. FYI, just want to give some expert opinions for people.
Cheers,
Dalkore
It's all depend on Bitmine. There's not much PETA-MINE can do to help this situation. I believe PETA has a prepared data center capable to set up rigs they received in a very short time. And this is the situation we have known from the very beginning, that the Manufactures don't ship those rigs on time. And since PETA's deploy speed is ahead the BTC network, I think there's not much to worry about if you are a long term investor. Go PETA.
ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?
Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?
and yes of course i want to buy cheap and sell on a high.
770TH is really pushing it. We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped. Just opening boxes and cutting cables and labeling with take a serious amount of time. FYI, just want to give some expert opinions for people.
Cheers,
Dalkore
ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?
Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?
and yes of course i want to buy cheap and sell on a high.
770TH is really pushing it. We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped. Just opening boxes and cutting cables and labeling with take a serious amount of time. FYI, just want to give some expert opinions for people.
Cheers,
Dalkore
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing
that would make waaay too much sense
And you can totally mine with chips alone. Just PNP.
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing
that would make waaay too much sense
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing
Doomed wasn't appropriate. More accurate to say my hopes of realizing any sort of profit and potential appreciation of stock value goes straight out the window. Let me be clear, I don't really think petamine will ever be 'doomed'. cryptx will continue hashing along so long as it is profitable to do so. We as investors however are in a far different boat. If cryptx isn't able to keep up daily network growth rate let alone make additional gains on it towards trying to capture 1% of the network share price will continue to decline from here. And no, 18TH for 5 weeks worth of reinvestment isn't going to cut it. Granted, it's probably the best deal around, but the custom-board project is this projects only real chance of meeting it's stated goals imho.
you make a fair opinion, but you cant look at the last 5 weeks and argue that the value of reinvestment we have accrued over this time is representative of what we gain in the future. we have quickly gone from 0 to 150TH/s in that time, which means we have received increasing returns over that period, this means every week we increase in size and the amount we can reinvest will get larger, this causes the previous weeks investment amount to become less significant in parallel to the rate we increase in size. thats why using a mean average to ascertain what we will gain in the future, especially while we are growing at the rate we are growing at now, is completely wrong and gives you what i would call a 'bullshit' projection
look, im working from home next week and if i get some time ill put together some solid financial projections, but for now, what is being said on this forum is mostly incorrect and utterly misleading, i feel really sorry for the serious investors here who are having the stability of there investment destroyed by people who have no idea what they are talking about. i hope my opinion here makes sense as to why i am so brutal to people who make false and misleading claims on this forum
Would be more than happy to look at your financial projections and always open to differing opinion. Hoping they can show me some glimmer of light as I do consider myself to be a "serious" investor albeit an uber-tiny one. I welcome your input since you seem to have a tendency to raise valid realworld points.
Doomed wasn't appropriate. More accurate to say my hopes of realizing any sort of profit and potential appreciation of stock value goes straight out the window. Let me be clear, I don't really think petamine will ever be 'doomed'. cryptx will continue hashing along so long as it is profitable to do so. We as investors however are in a far different boat. If cryptx isn't able to keep up daily network growth rate let alone make additional gains on it towards trying to capture 1% of the network share price will continue to decline from here. And no, 18TH for 5 weeks worth of reinvestment isn't going to cut it. Granted, it's probably the best deal around, but the custom-board project is this projects only real chance of meeting it's stated goals imho.
you make a fair opinion, but you cant look at the last 5 weeks and argue that the value of reinvestment we have accrued over this time is representative of what we gain in the future. we have quickly gone from 0 to 150TH/s in that time, which means we have received increasing returns over that period, this means every week we increase in size and the amount we can reinvest will get larger, this causes the previous weeks investment amount to become less significant in parallel to the rate we increase in size. thats why using a mean average to ascertain what we will gain in the future, especially while we are growing at the rate we are growing at now, is completely wrong and gives you what i would call a 'bullshit' projection
look, im working from home next week and if i get some time ill put together some solid financial projections, but for now, what is being said on this forum is mostly incorrect and utterly misleading, i feel really sorry for the serious investors here who are having the stability of there investment destroyed by people who have no idea what they are talking about. i hope my opinion here makes sense as to why i am so brutal to people who make false and misleading claims on this forum
Doomed wasn't appropriate. More accurate to say my hopes of realizing any sort of profit and potential appreciation of stock value goes straight out the window. Let me be clear, I don't really think petamine will ever be 'doomed'. cryptx will continue hashing along so long as it is profitable to do so. We as investors however are in a far different boat. If cryptx isn't able to keep up daily network growth rate let alone make additional gains on it towards trying to capture 1% of the network share price will continue to decline from here. And no, 18TH for 5 weeks worth of reinvestment isn't going to cut it. Granted, it's probably the best deal around, but the custom-board project is this projects only real chance of meeting it's stated goals imho.
Realistic point of view.
This project failed in rising, because of 3 factors:
-3 months delay
-one month earnings for 10 % rise of volume, market speeding up with 30 % a month
-bitcoin price is harming
projected share price end of april: 0,05
projected share price end of mai: 0,03 - 0,04
This project failed in rising, because of 3 factors:
-3 months delay
-one month earnings for 10 % rise of volume, market speeding up with 30 % a month
-bitcoin price is harming
projected share price end of april: 0,05
projected share price end of mai: 0,03 - 0,04
woooo king of the trolls is back
Sadly I agree with him... Look at the reinvestment. 5 weeks of reinvestment money to buy 18 Th/s when the next difficulty increase will eat this reinvestment in less than 10 days. It is difficult but we have to face reality, and with the low BTC price it is not so bright...
The only real hope is the custom PCB, but cryptx gave no news on that side.
the only way this project is 'doomed' is if the price of bitcoin goes low and stays low, and then we fail to adjust the reinvestment percentage
apart from that, and cryptX suddenly deciding 'fuck this',this project is fine. i'd love to see anyones figures proving otherwise
Realistic point of view.
This project failed in rising, because of 3 factors:
-3 months delay
-one month earnings for 10 % rise of volume, market speeding up with 30 % a month
-bitcoin price is harming
projected share price end of april: 0,05
projected share price end of mai: 0,03 - 0,04
This project failed in rising, because of 3 factors:
-3 months delay
-one month earnings for 10 % rise of volume, market speeding up with 30 % a month
-bitcoin price is harming
projected share price end of april: 0,05
projected share price end of mai: 0,03 - 0,04
woooo king of the trolls is back
Sadly I agree with him... Look at the reinvestment. 5 weeks of reinvestment money to buy 18 Th/s when the next difficulty increase will eat this reinvestment in less than 10 days. It is difficult but we have to face reality, and with the low BTC price it is not so bright...
The only real hope is the custom PCB, but cryptx gave no news on that side.
ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?
Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?
and yes of course i want to buy cheap and sell on a high.
ahahahaaa, your such an idiot for admitting that. firstly, everyone here who was born after the millennium knows your figures are about as real as the unicorns north korea found, plus your logic resembles that of a toddler whos just had a tooth removed, so i've always wondered what your motive was, and boooom, its now apparent
and ofcourse we are not going to be at 770TH in two weeks, if that was the case the share price would be around 0.3 and not the 0.07 it is now
anyways, im smiling, i've now worked out who the two major bot owners are which has been plaguing me for a while
feel free to turn off the bot and actually trade yourself, its easy to fall into a state of delusion about your own mental abilities when you have a computer to do all the work for you
and maybe go back to school... and stay off those drugs aswell
ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?
Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?
and yes of course i want to buy cheap and sell on a high.
Two weeks is indeed unrealistic, but even if it takes a month and a half to get to 770 th, it will be profitable, and the actual share price seems quite fair for that scenario.
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