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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 187. (Read 565837 times)

member
Activity: 92
Merit: 10
I'd be perfectly fine with a new hardware addition every day.  Grin

We're currently sitting at close to 0.4% of the network.
hero member
Activity: 574
Merit: 500
Today again - new hardware hashing!  Grin
12 hours   132.47 Th/s   1332397984
3 hours   141.17 Th/s   354985984
22.5 minutes   150.22 Th/s   47218000
256 seconds   154.26 Th/s   9194667
128 seconds   154.77 Th/s   4612526

hero member
Activity: 630
Merit: 500
Today again - new hardware hashing!  Grin
legendary
Activity: 994
Merit: 1000
Recently we had some lucky time - that's all.

Believing that in the long run PETA-MINE could be more lucky than the others is IMO simply delusional.

I dont think we are at high enough hashrate to go solo yet, maybe if we had 250TH right now I would vote yes
I would wait until we have 1%+ of the network. No need to go solo if we aren't solving at least a couple of blocks a day.
hero member
Activity: 574
Merit: 500
Recently we had some lucky time - that's all.

Believing that in the long run PETA-MINE could be more lucky than the others is IMO simply delusional.

I dont think we are at high enough hashrate to go solo yet, maybe if we had 250TH right now I would vote yes
copper member
Activity: 224
Merit: 100
Recently we had some lucky time - that's all.

Believing that in the long run PETA-MINE could be more lucky than the others is IMO simply delusional.


+1 +2 +3

on another note, anyone noticed we are hashing at 10TH/S less than yesterday? seems we are having problems with some of the machines. can CryptX give an update?
full member
Activity: 172
Merit: 100
Recently we had some lucky time - that's all.

Believing that in the long run PETA-MINE could be more lucky than the others is IMO simply delusional.
hero member
Activity: 630
Merit: 500
Any word on Peta striking out on it's own? With the exception of yesterday, Peta has been finding a block a day which is better than the current payout per day on Eligius.

Is there anything we gain from Eligius other than a nice UI and the potential continued payout when the Peta miners are unlucky?

If Peta had been mining on it's own it would have pulled down 150 BTC in the past week versus the ~100 BTC paid out by Eligius.

Wow, 50% more a week... We just need a developer to create a nice UI... (that we don't really need that much, do we?). If the above is true (no reason to doubt you! Smiley ) what are we waiting for?
PETA was pretty lucky finding blocks last two weeks - a block per day.
If we calculate expected average time to find a block based on PETA hashrate and difficulty, it was about a block every TWO days.  So, very lucky weeks. But, can we risk/bet such a luck will continue?
Code:
	date		block	luck%
1 21.02.2014 287019 168
2 23.02.2014 287400 72
3 25.02.2014 287788 580
4 12.03.2014 290225 96
5 13.03.2014 290426 458
6 13.03.2014 290456 38
7 16.03.2014 290845 36
8 17.03.2014 291021 103
9 18.03.2014 291188 3078
10 19.03.2014 291295 52
11 20.03.2014 291414 267
12 21.03.2014 291615 168
13 21.03.2014 291631 207
14 22.03.2014 291836 535
15 24.03.2014 292281 117
16 25.03.2014 292329 452
sr. member
Activity: 241
Merit: 250
Any word on Peta striking out on it's own? With the exception of yesterday, Peta has been finding a block a day which is better than the current payout per day on Eligius.

Is there anything we gain from Eligius other than a nice UI and the potential continued payout when the Peta miners are unlucky?

If Peta had been mining on it's own it would have pulled down 150 BTC in the past week versus the ~100 BTC paid out by Eligius.

Wow, 50% more a week... We just need a developer to create a nice UI... (that we don't really need that much, do we?). If the above is true (no reason to doubt you! Smiley ) what are we waiting for?
full member
Activity: 144
Merit: 100
I like this thread. It's like an eternal stockholder's call.   Grin
newbie
Activity: 36
Merit: 0
Any word on Peta striking out on it's own? With the exception of yesterday, Peta has been finding a block a day which is better than the current payout per day on Eligius.

Is there anything we gain from Eligius other than a nice UI and the potential continued payout when the Peta miners are unlucky?

If Peta had been mining on it's own it would have pulled down 150 BTC in the past week versus the ~100 BTC paid out by Eligius.
newbie
Activity: 49
Merit: 0
Of course not.
I just wanted to correct Usman056  on that 13-16%.
Understood

so sorry, i didn't feel like going through and collecting the all the data points. point taken Kiss
legendary
Activity: 994
Merit: 1000
Of course not.
I just wanted to correct Usman056  on that 13-16%.
Understood
hero member
Activity: 630
Merit: 500
Of course not.
I just wanted to correct Usman056  on that 13-16%.
legendary
Activity: 994
Merit: 1000
we are still not keeping up with predicted difficulty increase (18.48% https://bitcoinwisdom.com/bitcoin/difficulty)... We only increased hash by 13-16%. if we keep getting equipment weekly at 20TH per week we may be able to squeeze out some more div's per difficulty but thats if there isn't a supply problem which there clearly is..  Huh
You have wrong data.
Last Monday PETA was around 108 Th/s, now 138 Th/s, that's 27.78 % increase, in a week!

On the last diff change I think PETA was hashing even lower than 108 Th/s. Anyone has that past data?
Few datapoints I collected from this thread
Code:
date       hashrate   change%
06.3.2014 64
11.3.2014 78 21,88
17.3.2014 108 38,46
18.3.2014 120 11,11
24.3.2014 138 15,00

We can't base growth of dividends and hashpower on those #s, we are not fully deployed yet.
Once we are hashing @ 700+ths then we can determine our growth versus the network.
hero member
Activity: 630
Merit: 500
we are still not keeping up with predicted difficulty increase (18.48% https://bitcoinwisdom.com/bitcoin/difficulty)... We only increased hash by 13-16%. if we keep getting equipment weekly at 20TH per week we may be able to squeeze out some more div's per difficulty but thats if there isn't a supply problem which there clearly is..  Huh
You have wrong data.
Last Monday PETA was around 108 Th/s, now 138 Th/s, that's 27.78 % increase, in a week!

On the last diff change I think PETA was hashing even lower than 108 Th/s. Anyone has that past data?
Few datapoints I collected from this thread
Code:
date       hashrate   change%
06.3.2014 64
11.3.2014 78 21,88
17.3.2014 108 38,46
18.3.2014 120 11,11
24.3.2014 138 15,00
legendary
Activity: 994
Merit: 1000
This is the most important part.
Owning shares in Peta is akin to owning ghs on the exchanges that sell them, except Peta will reinvest on your behalf and you can still cash out at your leisure.
If you bought 1 share and then sold after dividends were paid you cashed out with a positive roi, regardless of what's going on behind the scenes.


Only true if the asset values do not go down because re-investment did not keep up with BTC difficulty!
Suggesting to people they cannot lose assumes the share price won't go down, which it obviously will if the above happens! Somewhat disengenuous of you!

How is it disingenuous?
Your assuming that a lot of shares will be dumped after dividends, a bad assumption on your part. As long as the dividends are steady or slightly increasing more will hold than will sell.
You obviously missed my point entirely and are just looking for an argument.
hero member
Activity: 574
Merit: 500
Cryptx can you give a status update on the schedule of the new hardware shipped or on our own boards, I know bitmine is backed up still.
full member
Activity: 237
Merit: 100
The key tot profit are the PCB boards, than Cryptx can ramp up our hashingpower. All we can do is wait.
hero member
Activity: 630
Merit: 500
we are still not keeping up with predicted difficulty increase (18.48% https://bitcoinwisdom.com/bitcoin/difficulty)... We only increased hash by 13-16%. if we keep getting equipment weekly at 20TH per week we may be able to squeeze out some more div's per difficulty but thats if there isn't a supply problem which there clearly is..  Huh
You have wrong data.
Last Monday PETA was around 108 Th/s, now 138 Th/s, that's 27.78 % increase, in a week!

On the last diff change I think PETA was hashing even lower than 108 Th/s. Anyone has that past data?
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