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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 213. (Read 565837 times)

newbie
Activity: 6
Merit: 0
Wanted to say that I am very happy with this news and to thank Petamine and Cryptx for this news. I believe they are leading the way in the cloud mining industry as this is a complete game changer in this industry. Great job and thanks again
hero member
Activity: 711
Merit: 532

Current share price=.129.
Getting good news every morning = priceless.
member
Activity: 117
Merit: 10
bitarchitect
copper member
Activity: 224
Merit: 100
done. shares are massively undervalued, but the price is slowly creeping up. I expect it to catch up to its true value by next week friday.

Yes.
Take a look at http://eligius.st/~wizkid057/newstats/userstats.php/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6

We have mined 25BTC so far, and we are supposed to mine 7.7BTC a day at current hashrate (that's 7x5= 35BTC until friday). So at the end of the week we will have at least 60BTC Mined... And I say at least, because this week more mining power is coming (4 TerraMiners and 62 Coincraft Desks); so let's say we manage to mine 100BTC by friday (optimistically or not, depending on the equipment we get and the date of arrival).

100BTC x 0.65 = 65BTC to divise by 80.000shares
That's 0,0008BTC per share.
With that dividend, at 0.12BTC/Share, yield on havelock will be ~35%. (remember, AM has a 6% of yield these days).

Let's think that we don't get all the power this week and we only yield turns to be 22%. It's great too!

Since this is just the beginning, and much more power is coming in the following weeks, i don't see the shares overvalued... Actually, It's a very fair price, and it will slowly rise

heh. and thats just going on current deployment.

this is turning out to be the one of the best investments since the NXT IPO. oh nom nom nom more shares nom nom nom.
member
Activity: 117
Merit: 10
bitarchitect
done. shares are massively undervalued, but the price is slowly creeping up. I expect it to catch up to its true value by next week friday.

Yes.
Take a look at http://eligius.st/~wizkid057/newstats/userstats.php/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6

We have mined 25BTC so far, and we are supposed to mine 7.7BTC a day at current hashrate (that's 7x5= 35BTC until friday). So at the end of the week we will have at least 60BTC Mined... And I say at least, because this week more mining power is coming (4 TerraMiners and 62 Coincraft Desks); so let's say we manage to mine 100BTC by friday (optimistically or not, depending on the equipment we get and the date of arrival).

100BTC x 0.65 = 65BTC to divise by 80.000shares
That's 0,0008BTC per share.
With that dividend, at 0.12BTC/Share, yield on havelock will be ~35%. (remember, AM has a 6% of yield these days).

Let's think that we don't get all the power this week and we only yield turns to be 22%. It's great too!

Since this is just the beginning, and much more power is coming in the following weeks, i don't see the shares overvalued... Actually, It's a very fair price, and it will slowly rise
copper member
Activity: 224
Merit: 100
Are people actually selling at 0.1 or am I still drunk? How were not at .2 yet is beyond me
do the math

done. shares are massively undervalued, but the price is slowly creeping up. I expect it to catch up to its true value by next week friday.
full member
Activity: 129
Merit: 100
Are people actually selling at 0.1 or am I still drunk? How were not at .2 yet is beyond me
do the math
full member
Activity: 202
Merit: 100
The mining started before mid of Feb. But till now we see not even a dime sent to our address.

I personally am more than happy to wait till this Friday before 1st Dividend payment. where is the sense in receiving dust?
Remember that based on dividend a 'yield' will be calculated next to havelock, small % will look unattractive. not that this matters to any long term investors, and also not that it changes anything, just a psychological thing.

hero member
Activity: 630
Merit: 500
The mining started before mid of Feb. But till now we see not even a dime sent to our address.
We were over that, already - 9 btc were at the wallet last friday - you have to deduct hosting and reinvestment, remains 6btc for divis, maybe. Was there a point dividing 6 btc on 80674 shares?
full member
Activity: 202
Merit: 100
Did we ever find out if our Cryptx is behind the new cryptx.io exchange?

no, they are not related
legendary
Activity: 994
Merit: 1000
Did we ever find out if our Cryptx is behind the new cryptx.io exchange?
Just took a look. Considering the coins available for trading my money is on NO they are not behind it.
legendary
Activity: 994
Merit: 1000
The mining started before mid of Feb. But till now we see not even a dime mBtc sent to our address.

FTFY
legendary
Activity: 994
Merit: 1000
Did we ever find out if our Cryptx is behind the new cryptx.io exchange?
hero member
Activity: 711
Merit: 532
The mining started before mid of Feb. But till now we see not even a dime sent to our address.

Mining started this past week. The first possible date for dividends was Friday 2/21. There have been daily deployments of hardware all week, and then there was the recent excellent announcement of all the new scheduled hardware deployment and custom hardware development which has been going on behind the scenes. I'm pretty sure cryptx was either too busy setting up machines, or just opted to wait a week and instead of paying out a tiny dividend from a half-week of mining, decided to kick things off with something more meaty this week. I predict that we'll see a full -- and thrilling -- dividend payment this Friday, 2/28.
sr. member
Activity: 448
Merit: 250
The mining started before mid of Feb. But till now we see not even a dime sent to our address.
member
Activity: 116
Merit: 10
With this great news... are we to expect dividends sometime soon? Or do we have to wait until the mine is fully deployed. I love this news with the 8.68GH/s but I really want to see the dividends coming in soon.
I'm also curious if we can expect dividends anytime soon?

Quote
Dividends will automatically appear in shareholders’ Bitcoin wallets every Friday around 15:00 GMT.

At: http://www.peta-mine.co/faq/

Yea but that doesn't say which friday divs start
legendary
Activity: 2786
Merit: 1031
With this great news... are we to expect dividends sometime soon? Or do we have to wait until the mine is fully deployed. I love this news with the 8.68GH/s but I really want to see the dividends coming in soon.
I'm also curious if we can expect dividends anytime soon?

Quote
Dividends will automatically appear in shareholders’ Bitcoin wallets every Friday around 15:00 GMT.

At: http://www.peta-mine.co/faq/
full member
Activity: 219
Merit: 100
With this great news... are we to expect dividends sometime soon? Or do we have to wait until the mine is fully deployed. I love this news with the 8.68GH/s but I really want to see the dividends coming in soon.
I'm also curious if we can expect dividends anytime soon?
hero member
Activity: 711
Merit: 532
Read the announcement...then read it for the second time. Went down to make something to drink. Drunk.
Came back and the news was still there staring at me from the screen. So, I read it for the third time. Wow.

The news is so good that it probably provokes some kind of denial. It's very human. When something is 'too good' or 'downright bad' people subconsciously reject it.

700TH at the end of March? Just two days ago we could reasonably expect 230TH at mid-march.
Bitmine is shipping. Two days ago we could just speculate: when they will start?
CryptX announcing the goal of reaching and preserving 2% of the network.
CryptX confirms development of custom made mining devices.
Really, what could be better?
The only aspect we lack is realization of this fantastic plan. But for this we must obviously wait a bit.

I think people and Mr.Market need some time to fully digest what really happened during this weekend.


+1
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