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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 227. (Read 565837 times)

hero member
Activity: 630
Merit: 500
full member
Activity: 226
Merit: 100
we need to mine nmc, ixc etc.

merged mining plz Peta

Do we get any compensation since we are only mining with 3t?

Be more transparent:

1) pictures
2) Track number from Cointerra
3) Prof that only 2 have been delivered and you not mining already with our gear

thanks
full member
Activity: 219
Merit: 100
when can we expect dividends?
member
Activity: 116
Merit: 10
This is great news.

But I still think we deserve the 20% extra for Feb. Especially considering you're meant to have free miners as we're from the December batch.



nothing has been said either way yet, but I think it's worth noting. Of course, I also think the extra 20% should hold, but if it is the case that there are some "free" compensatory miners, then let's just hope for a nice surprise when everything is up and running and we get a nice proper announcement to the effect that all miners are in place, plus a bonus... give it time and we shall see what happens next week

Cryptx
Do we know how much hashing power is supposed to be delivered next week?

We received our first 2 out of 30 TerraMiners today and are hashing at an average of about 1.6TH / system, a next batch is already under way and according to tracking will arrive on Tuesday.

A next batch could mean the same number as before (2) or it could mean more. It seems all he has is a tracking number.


First miners from Bitmine will also arrive next week.

This also implies a batch of =/>2

So my guess is at least 2 of each, but hopefully more!
legendary
Activity: 994
Merit: 1000
This is great news.

But I still think we deserve the 20% extra for Feb. Especially considering you're meant to have free miners as we're from the December batch.



nothing has been said either way yet, but I think it's worth noting. Of course, I also think the extra 20% should hold, but if it is the case that there are some "free" compensatory miners, then let's just hope for a nice surprise when everything is up and running and we get a nice proper announcement to the effect that all miners are in place, plus a bonus... give it time and we shall see what happens next week

Cryptx
Do we know how much hashing power is supposed to be delivered next week?
sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
This is great news.

But I still think we deserve the 20% extra for Feb. Especially considering you're meant to have free miners as we're from the December batch.



nothing has been said either way yet, but I think it's worth noting. Of course, I also think the extra 20% should hold, but if it is the case that there are some "free" compensatory miners, then let's just hope for a nice surprise when everything is up and running and we get a nice proper announcement to the effect that all miners are in place, plus a bonus... give it time and we shall see what happens next week
hero member
Activity: 595
Merit: 506
This is great news.

But I still think we deserve the 20% extra for Feb. Especially considering you're meant to have free miners as we're from the December batch.
hero member
Activity: 630
Merit: 500
With that kind of earnings, what kind of PE ratio are we looking at for the company ...  in this industry?


If we use that yield to be 33% of the share price, that gives 0.27 btc/share
25% -- 0.36 btc/share

??
I googled PE ratio in general, and read that on average it's 20-25 times earnings.
Don't expect that for a company in bitcoin mining bussiness. Not yet. All ppl here are only for a quick profit.

PE ratio in this industry is about 3-4 times - if we look at data for ASICMiner:
15.07.2013 - share price: 4.5; divs: 0.025; projected per year: 1.3; PE: 3.5
15.08.2013 - share price: 3.9; divs: 0.021; projected per year: 1.1; PE: 3.5
09.09.2013 - share price: 2.2; divs: 0.014; projected per year: 0.7; PE: 3.1
member
Activity: 92
Merit: 10
With that kind of earnings, what kind of PE ratio are we looking at for the company ...  in this industry?



If we use that yield to be 33% of the share price, that gives 0.27 btc/share
25% -- 0.36 btc/share

??
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Hallo
You will be happy for a week or two. Later will be crying. Learn from the mistakes of others, not their own.
Please calculate a purchase, and not to be positive on very large profits. If the price of BTC will be upwards, you have a plus.
Some private orderers on Bitmine and Cointerra have order around 10-50TH and many small as 1TH compared what ordered group of Belgium "CryptX" 100TH .Do not forget to count penoty for each order.
First dividend maybe oke. Then a massive attack from the other, private investor.
bye bye $$$

I know your kind Wink  my advice to you is to make sure to keep away from this security, this is the best practice, instead of bitching about how stupid we are, smart ass...

You forget, how you shaking pants on https://bitcointalksearch.org/topic/m.5077413 not just in one

And have look how stable miner form bitmine ishttps://bitcointalksearch.org/topic/m.5102719 Have look 3 link to the wallet. How long and stable working

Not everybody know that bitfury had problems, I will not write the whole history of CryptX

And please do not write to me that someone smarter and stupid.

what is wrong with an investor being concerned about the delivering time ? and BTW I posted that on Bitmine thread, do you have any problem with that ?

do you want to remind us of the risks that we took before investing ? like we didn't know what we were doing ? what makes you think that we cant do math and calculate for our selves? to be a customer of Cryptx is one thing, to be an Investor of Cryptx operation is another thing...

So you would like to label us as idiots ? we get your point now stop spamming and go do something useful... move on...
sr. member
Activity: 449
Merit: 251
CryptoPhysical.com
Hallo
You will be happy for a week or two. Later will be crying. Learn from the mistakes of others, not their own.
Please calculate a purchase, and not to be positive on very large profits. If the price of BTC will be upwards, you have a plus.
Some private orderers on Bitmine and Cointerra have order around 10-50TH and many small as 1TH compared what ordered group of Belgium "CryptX" 100TH .Do not forget to count penoty for each order.
First dividend maybe oke. Then a massive attack from the other, private investor.
bye bye $$$

I know your kind Wink  my advice to you is to make sure to keep away from this security, this is the best practice, instead of bitching about how stupid we are, smart ass...

You forget, how you shaking pants on https://bitcointalksearch.org/topic/m.5077413 not just in one

And have look how stable miner form bitmine ishttps://bitcointalksearch.org/topic/m.5102719 Have look 3 link to the wallet. How long and stable working

Not everybody know that bitfury had problems, I will not write the whole history of CryptX

And please do not write to me that someone smarter and stupid.
copper member
Activity: 224
Merit: 100
I did try to bring the share price a little down to be able to buy more and I've just got burned, I wont play this way anymore, now I am just comfortable with my current position.

anyone trying to get a share just buy it for the market value don't try to manipulate the price or you will just get burned...

Just stop investing with graphs and tricks, invest based in the company based on belief in their strategy.

Ps. That was you? Made me feel really bad for buying some more @ 0.8 :p

As I said before, I thought I would push the price down to 0.06, someone surprised me and bought through my wall. I cancelled my orders and stopped.playing. I don't care, I still hold more than I will ever need...

And who said that I don't Believe in this operation? I otherwise wouldn't invest... I still think that this operation will bring a kick as profit if cryptx manage the funds wisely in which I have no doubts...

were you the guy playing with the 1000 share wall?

yes Wink

and also the one putting 1200+

Edit: don't worry I've learned my lesson, I wont be putting any more walls, I forget that there is only 80000 share out there, I've just realized that they've cancelled the IPO, which makes my position even stronger.

dude, you made my day. i was the wall of 370 that kept undercutting you. Then i just brought up everything between 0.06 and 0.07. sorry. usually i'd donate some money to you out of appreciation but considering the amount of shares you have, you most likely have a substantial amount more than me.

Feel free to do it again though! Wink
full member
Activity: 126
Merit: 100
why only the noobs troll? cos they ain't no noobs but missed the train dudes...
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Hallo
You will be happy for a week or two. Later will be crying. Learn from the mistakes of others, not their own.
Please calculate a purchase, and not to be positive on very large profits. If the price of BTC will be upwards, you have a plus.
Some private orderers on Bitmine and Cointerra have order around 10-50TH and many small as 1TH compared what ordered group of Belgium "CryptX" 100TH .Do not forget to count penoty for each order.
First dividend maybe oke. Then a massive attack from the other, private investor.
bye bye $$$

I know your kind Wink  my advice to you is to make sure to keep away from this security, this is the best practice, instead of bitching about how stupid we are, smart ass...
hero member
Activity: 630
Merit: 500
??
If I count only on btc price rising, I would just hodl my coins.
sr. member
Activity: 449
Merit: 251
CryptoPhysical.com
Hallo
You will be happy for a week or two. Later will be crying. Learn from the mistakes of others, not their own.
Please calculate a purchase, and not to be positive on very large profits. If the price of BTC will be upwards, you have a plus.
Some private orderers on Bitmine and Cointerra have order around 10-50TH and many small as 1TH compared what ordered group of Belgium "CryptX" 100TH .Do not forget to count penoty for each order.
First dividend maybe oke. Then a massive attack from the other, private investor.
bye bye $$$
hero member
Activity: 630
Merit: 500
Yeah, I know - lots of IFs...  Undecided
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
anyone hazard a "back-of-napkin" guess at the value of these shares given expected hash rate?
Been thinking about that, so here is my simplified math:
if CryptX deploys this month all hashpower he has on order, that's 330thash, it will be around 1% of total network hashrate.
Suppose he manage to stay at that 1% with smart reinvestment.

Per day, there are 3600 btc mined - 0% network growth, or can I use 4000 btc/day to do the math?
4000 * 1% = 40 btc/day
40 * 7 = 280 btc/week

Some of that goes for operating costs, 35% of the profit for reinvestments. I will simplify again and use half of mined coins for that.
What' left is 140 btc/week for divs.
140 / 80675 = 0.001735 btc/share per week, or 0.09 btc/share per year (yield?)

If we use that yield to be 33% of the share price, that gives 0.27 btc/share
25% -- 0.36 btc/share

??

if only the 35% reinvestment will be used wisely to add more hash power at minimum costs, and if diff.factor will slow down after few months in which I believe it will, then yes, your calculations are close to reality somehow...
hero member
Activity: 630
Merit: 500
anyone hazard a "back-of-napkin" guess at the value of these shares given expected hash rate?
Been thinking about that, so here is my simplified math:
if CryptX deploys this month all hashpower he has on order, that's 330thash, it will be around 1% of total network hashrate.
Suppose he manage to stay at that 1% with smart reinvestment.

Per day, there are 3600 btc mined - 0% network growth, or can I use 4000 btc/day to do the math?
4000 * 1% = 40 btc/day
40 * 7 = 280 btc/week

Some of that goes for operating costs, 35% of the profit for reinvestments. I will simplify again and use half of mined coins for that.
What' left is 140 btc/week for divs.
140 / 80675 = 0.001735 btc/share per week, or 0.09 btc/share per year (yield?)

If we use that yield to be 33% of the share price, that gives 0.27 btc/share
25% -- 0.36 btc/share

??
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
how funny is this now when people started buying you see walls cancelled really fast hahahahaha
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