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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 200. (Read 565837 times)

full member
Activity: 154
Merit: 100
CryptX,

Thank you for the update and all your hard work on achieving these results for shareholders.

Shareholders should realize that delays from chip manufacturers affect everyone and not just PETA. Total network hash rate has somewhat stagnated over the past week as evidenced in the following chart:

https://blockchain.info/charts/hash-rate

You can click on "7 day average" at the bottom of the chart to smooth the results.
newbie
Activity: 13
Merit: 0
Cryptx, thanks for this important news.  Please keep the information flowing!
sr. member
Activity: 350
Merit: 250
We want to give you an update on current deployment schedule / situation.
The latest release of our deployment schedule was based on written and contractual agreed schedule from Bitmine upon visiting them in Switzerland.

Due to all good efforts from Bitmine to deliver and manufacture new units, we can say that production is not yet at full speed / capacity. Currently, 15 desks are under way and should arrive by tomorrow, 20 are planned to ship out tomorrow. This will bring the total to 53 desks received. We are in day to day communication with Bitmine to follow up on the production and delivery schedule and undertake every possible action / provide any assistance necessary to get miners as fast as possible. We will work closely with Bitmine to provide a new and realistic delivery schedule and keep you all updated on this matter.

Regarding tomorrow’s dividend, we will also convert currently mined NMC’s to BTC and include them in the payout (currently about 324 NMC which equates to about 1.8 BTC at current market rate).

Meanwhile we thank everyone for their patience and trust as we continue to work hard for the success of this project.
member
Activity: 92
Merit: 10
I guess getting in at IPO price make me feel like they aren't

Yeah, optimism and positive thinking are probably better than the alternative. Hashing and receiving dividends at all is pretty good. I invested back in September, so I also had IPO price. It just feels slim based on half a year of expectations and the supposed deployment schedule. That's Bitcoin investment, for you. Smiley
hero member
Activity: 574
Merit: 500
why is the dividend going to be thin? shouldnt it be close to what it was last week?
we have been mining at the same speed since last week

Last week was thin.

 Smiley Cheesy Grin Smiley Wink Grin Smiley Wink Grin +1

I guess getting in at IPO price make me feel like they aren't
legendary
Activity: 1057
Merit: 1009
why is the dividend going to be thin? shouldnt it be close to what it was last week?
we have been mining at the same speed since last week

Last week was thin.

 Smiley Cheesy Grin Smiley Wink Grin Smiley Wink Grin +1
member
Activity: 92
Merit: 10
why is the dividend going to be thin? shouldnt it be close to what it was last week?
we have been mining at the same speed since last week

Last week was thin.
hero member
Activity: 574
Merit: 500
At current mining capacity... Friday looks like we will have a very thin dividend.

I understand the concept of waiting to give news until you have good news... but even bad news (or a simple update) would be a good thing to have. Maybe every 2 days until final deployment of promised hash power?
 Huh

why is the dividend going to be thin? shouldnt it be close to what it was last week?
we have been mining at the same speed since last week
full member
Activity: 172
Merit: 100
member
Activity: 92
Merit: 10
I'm okay with unavoidable delays—insofar as nothing can be done about them anyway—I just seriously hope that none of the delays have anything to do with bitmine customers whining about the Petamine production line.
sr. member
Activity: 241
Merit: 250
At current mining capacity... Friday looks like we will have a very thin dividend.

I understand the concept of waiting to give news until you have good news... but even bad news (or a simple update) would be a good thing to have. Maybe every 2 days until final deployment of promised hash power?
 Huh
sr. member
Activity: 350
Merit: 250
We will release info this evening, thanks for your patience.
copper member
Activity: 224
Merit: 100
CrtyptX i think its time you gave everyone an update of the situation, this is starting to get insulting
sr. member
Activity: 448
Merit: 250
Given the relatively 0-content update I'm really not too surprised that the share price is dropping.  I suspect it will continue to do so until people actually see some new hash coming "on the line".  :p

Common sense prevails. Who the hell would pay that much per gh? When we are mining at 8.68gh/share then the shares will be worth what they are worth then. But for now even the ridiculously overpriced cex gh are more than three times cheaper to invest in than this scheme. No offense to all the hard headed strong willed investors that bought above IPO or just invested heavily, but where are the cointerra promised compensation miners at? Anyone? Maybe hashing on the side? To be added soon? How soon? 700TH? U sure? Coz for the life of me I only see 64. Still.
Agree. Update should include detailed deployment schedule. If the deadline cannot be met, a new update should be posted before previous deadline.

Oh but there was an updated deployment schedule my friend, in case you missed it...

So I said if they missed the schedule they setup before, they should update a new schedule to shareholders instead of saying machines are coming.
legendary
Activity: 1057
Merit: 1009
No i think they refers to week of the year, but this is a question that only CriptX could answer....

Normaly all good delivery is referred in this way, and i think that they are referring to the previsional delivery made form them by the asic companies that produce the hardware....
newbie
Activity: 34
Merit: 0
I don't think we are behind of schedule....

The plan was written on 22 feb.

So the next week 24 feb. / 1 Mar. it will have deployed 62 coincraft + 4 terraminers (Total of 66 machines + 32 early deployed = 108 machines)

If you look at eligus worker details there are only 48 workers, so i think that most of 62 coincraft wasn't delivered...

All the bitmine hardware is in late.

Week 10 (3 mar. / 8 mar.) that is the current week will have to add another 55 machines, the week is quite ended and no signs of more hashing power.... so the scheduled plan of 22 feb. is outdated at present situation. (in my opinion...)

why do you believe that week 10 is 3 mar. / 8 mar.?
when do they start counting weeks?
Deployment started on the 13th of February, is the first week?
legendary
Activity: 1610
Merit: 1000
Well hello there!
Wasn't it Han Solo who said: "This deal just keeps getting worse!!"
legendary
Activity: 1057
Merit: 1009
I don't think we are behind of schedule....

The plan was written on 22 feb.

So the next week 24 feb. / 1 Mar. it will have deployed 62 coincraft + 4 terraminers (Total of 66 machines + 32 early deployed = 108 machines)

If you look at eligus worker details there are only 48 workers, so i think that most of 62 coincraft wasn't delivered...

All the bitmine hardware is in late.

Week 10 (3 mar. / 8 mar.) that is the current week will have to add another 55 machines, the week is quite ended and no signs of more hashing power.... so the scheduled plan of 22 feb. is outdated at present situation. (in my opinion...)
hero member
Activity: 658
Merit: 500
Given the relatively 0-content update I'm really not too surprised that the share price is dropping.  I suspect it will continue to do so until people actually see some new hash coming "on the line".  :p

Common sense prevails. Who the hell would pay that much per gh? When we are mining at 8.68gh/share then the shares will be worth what they are worth then. But for now even the ridiculously overpriced cex gh are more than three times cheaper to invest in than this scheme. No offense to all the hard headed strong willed investors that bought above IPO or just invested heavily, but where are the cointerra promised compensation miners at? Anyone? Maybe hashing on the side? To be added soon? How soon? 700TH? U sure? Coz for the life of me I only see 64. Still.
Agree. Update should include detailed deployment schedule. If the deadline cannot be met, a new update should be posted before previous deadline.

Oh but there was an updated deployment schedule my friend, in case you missed it...

Quote
Deployment schedule:

Cointerra

Currently:             26 TerraMiners fully deployed
Next week:          4 TerraMiners

Bitmine:

Currently:             8 Coincraft Desks fully deployed
Next week:          62 Coincraft Desks
Week 10:              55 Coincraft Rigs
Week 11:              55 Coincraft Rigs
Week 12:              55 Coincraft Rigs

Week 13-15:       250 TH/s of custom hardware together with the first reinvestment units

We're also behind on that schedule too
sr. member
Activity: 448
Merit: 250
Given the relatively 0-content update I'm really not too surprised that the share price is dropping.  I suspect it will continue to do so until people actually see some new hash coming "on the line".  :p

Common sense prevails. Who the hell would pay that much per gh? When we are mining at 8.68gh/share then the shares will be worth what they are worth then. But for now even the ridiculously overpriced cex gh are more than three times cheaper to invest in than this scheme. No offense to all the hard headed strong willed investors that bought above IPO or just invested heavily, but where are the cointerra promised compensation miners at? Anyone? Maybe hashing on the side? To be added soon? How soon? 700TH? U sure? Coz for the life of me I only see 64. Still.
Agree. Update should include detailed deployment schedule. If the deadline cannot be met, a new update should be posted before previous deadline.
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