Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 189. (Read 565837 times)
It should be noted that 46%, as stated on havelock at time of posting this, is a pretty attractive yield and considering that we are nowhere near our initial guestimated hashing power, I myself feel that the shareholders/investors are doing a considerably great job keeping the share price at a stable price of approximately 0.07btc. The 35% reinvestment fund is the make or break part of this operation. If we can get to the 8.68gh/share real quick and the reinvestment funds are used adequately to keep up with the difficulty increases then this could most probably be the best mining fund out there for its value. I see cryptx is taking his time out each week to update shareholders with information of what the dividends consist of, which is fair play, but the schedule of mining equipment coming online has not been so forthcoming. Seeing the difficulty rises have not been as cut throat as many have expected, I think it is safe to say now that the development and supply of mining equipment has been delayed across the board and has not just affected this particular mining fund.
I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? ...
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? ...
Not taking into consideration, that you own the shares, too.
You can 'mine' for some time, then sell the shares.
I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
You need to read the update pages posted on Havelock. We are currently at 120ths of a initially planned 700ths- there is supplier-sided delay of ordered mining rigs that have pushed the mine slightly behind schedule- so the dividends that you see now are a fraction of what they will be in a short while. You also need to realise that 35% of profits are set aside for reinvestment. Cryptx has been extremely transparent with delays and planning through this process- so I feel confident about the future of Peta. All things going to plan (which is always a risk in the crypto world) ROI should be significantly faster than 2 years!
I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
It was supposed to be months, not years. We're currently hashing at 120 Th/s. Should have been north of 500 by now. Bitmine is failing to deliver on time. If we can get the 700 Th/s by end of April I'd say ROI at current share price would be 6 months.
I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
Oh man...it appears I'm as good at guessing cryptx dividend payouts as I am at making money purchasing BTC-related shares! Terrible! Nice to know I threw a few satoshi's at a worthwhile project for once 
*keep up the good work cryptx
**appears as though worker F2 is either being tweaked or is having some issue(s)
***looks like F2 for the most part back online again
*keep up the good work cryptx
**appears as though worker F2 is either being tweaked or is having some issue(s)
***looks like F2 for the most part back online again
Coming back to custom devices topic:
https://bitcointalksearch.org/topic/the-wasp-project-collective-information-thread-422243
Currently they are testing boards with A1 chips:
and it's an open source project.
https://bitcointalksearch.org/topic/the-wasp-project-collective-information-thread-422243
Currently they are testing boards with A1 chips:
and it's an open source project.
And the winning number is: 0.00063172 BTC/share
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
Fantastic! Thanks for being the thread I come to for good news.
millenium 0.000461 - 0.000624
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
ujka 0.00058
mikemikemike 0.00062
DropDead.Be 0.000621
trek27 0.00063
Should we write the rules?
agree,
btw
฿0.00063172 per unit on Mar 21st
3 minutes before announcement... nice catch
seen on havelock site
And the winning number is: 0.00063172 BTC/share
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
Thanks Cryptx, much appreciated
millenium 0.000461 - 0.000624
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
ujka 0.00058
mikemikemike 0.00062
DropDead.Be 0.000621
trek27 0.00063
Should we write the rules?
agree,
btw
฿0.00063172 per unit on Mar 21st
3 minutes before announcement... nice catch
And the winning number is: 0.00063172 BTC/share
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
nice dude.
on another note, how are the custom boards coming along?
And the winning number is: 0.00063172 BTC/share
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
92.91471753 BTC in total from mining:
- 50.96334900 as Dividend (0.00063172 BTC / share)
- 27.44180331 Reinvestment (brings total to 85.12471901 BTC)
- 14.50956522 Hosting Fee
We haven't received any NMC's the last 10 days, as soon as those are paid out by Eligius pool we will convert them and include them in the next dividend payout. We also changed the NMC address to N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B, as the last address was a NMC address on BTC-E and didn't reflect correct balance (BTC-E keeps NMC's on the address even though we converted our NMC's to BTC 2 weeks ago), so current address will provide more transparency and accurate NMC balance.
millenium 0.000461 - 0.000624
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
ujka 0.00058
mikemikemike 0.00062
DropDead.Be 0.000621
trek27 0.00063
Should we write the rules?
agree,
btw
฿0.00063172 per unit on Mar 21st
millenium 0.000461 - 0.000624
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
ujka 0.00058
mikemikemike 0.00062
DropDead.Be 0.000621
trek27 0.00063
Should we write the rules?
millenium 0.000461 - 0.000624
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
nwfella 0.000572
tsm13 0.000502129 - 0.000589287
rdyoung 0.00055
jjohnson 0.000598
EdoBcn 0.000651
VonSpecht 0.000710
stompysteve 0.00085085
We should do this every week. Sounds fun.
Also, we could arrange a minimum bet type of thing, who gets it right wins all bets
ujka 0.00058
mikemikemike 0.00062
DropDead.Be 0.000621
trek27 0.00063
shit. i think you'll win it.. just...
0.00062
booom. i win
booom. i win
0.00058
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