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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 229. (Read 565837 times)

newbie
Activity: 49
Merit: 0
Just 1 day short of the hashrate increase but fuck those walls came down quick on havelock!

I'm glad that we are hashing away, but we only started at 2% of the initial hashing power that was outlined. Although a lot of that could not have been foreseen, i do believe we should compensated by increasing the Gh/s per share.
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Just 1 day short of the hashrate increase but fuck those walls came down quick on havelock!
Hells yeah they did. We are now sitting @ .0698/share and looking at the order book we have 1589 shares to sell before we get to .10/share.
Seeing the potential profits from this venture, I can see us hitting .25 or even .50 in a few months time, if not sooner.


So I take in many of you are selling off some of your shares for short term profiting? Tongue
legendary
Activity: 994
Merit: 1000
Just 1 day short of the hashrate increase but fuck those walls came down quick on havelock!
Hells yeah they did. We are now sitting @ .0698/share and looking at the order book we have 1589 shares to sell before we get to .10/share.
Seeing the potential profits from this venture, I can see us hitting .25 or even .50 in a few months time, if not sooner.
newbie
Activity: 56
Merit: 0
Fantastic news!

But still, now that we have something hashing can we discuss merge mining?

+1 on this.
Once they are up and running they could run a local p2pool node that supports merged mining.

+1

legendary
Activity: 994
Merit: 1000
Fantastic news!

But still, now that we have something hashing can we discuss merge mining?

+1 on this.
Once they are up and running they could run a local p2pool node that supports merged mining.
newbie
Activity: 56
Merit: 0
Lol I actually sold, just to buy back one minute later...
newbie
Activity: 45
Merit: 0


About 5 min before CryptX's post I was || that close to sell a few hundred shares when Havelock went offline again and I had to wait a moment... When I got the site loaded again, my first thought was that now there must be some epic fail on the system!!  Roll Eyes
full member
Activity: 202
Merit: 100
HODLING till 2015!

looking forward to more divs like prior months
hero member
Activity: 711
Merit: 532
Fantastic news! That made my day.
hero member
Activity: 588
Merit: 504
looking to BTC/USD ratio,the share price is really attractive, I bet that when more hash power comes online the share price will double or even triple, especially if the BTC price keeps at these levels  Wink

simply if CryptX manage to reinvest the 35% wisely, and even if the share price will be 3 times at what it is today, a share will break even and make profit, thinking that the Difficulty factor will raise forever is just insane, Moore's law will take over, and after few months there will be not significant difficulty raise and this operation will be one of the best to invest in.



anyone hazard a "back-of-napkin" guess at the value of these shares given expected hash rate?

put it this way,  compared to the recent annual returns in AM.. down to a shocking 3%, we'll be looking at 20x that as a conservative estimate, with no re-investment at all and assuming a 72% perpetual diff increase (of course, as explained above the difficulty cannot continue rising 72% month on month) real returns would be higher.

Everything of course, boils down to successful and succint re-investment plans. During the time bitfury hardware was deployed, most shareholders were very happy with regular and timely dividends. If the operation continued in the same manner, with cryptx sourcing 3rd party PCB designer and assembly we are on track to a winning bet. This is a long term mining operation and the future, as everybody is aware no longer home user with tiny gpu or retail asic, it's centralised mining operations that can continue to hold or increase their  stake of the total hashrate pie.
newbie
Activity: 56
Merit: 0
Cryptx, why was IPO canceled?I think it doesn't make sense to keep the IPO too, just a clarification would be nice.

Smiley
member
Activity: 280
Merit: 13
Increasing my position in PETA gradually. any bulk sellers welcome to PM
newbie
Activity: 59
Merit: 0
anyone hazard a "back-of-napkin" guess at the value of these shares given expected hash rate?
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
looking to BTC/USD ratio,the share price is really attractive, I bet that when more hash power comes online the share price will double or even triple, especially if the BTC price keeps at these levels  Wink

simply if CryptX manage to reinvest the 35% wisely, and even if the share price will be 3 times at what it is today, a share will break even and make profit, thinking that the Difficulty factor will raise forever is just insane, Moore's law will take over, and after few months there will be not significant difficulty raise and this operation will be one of the best to invest in.
hero member
Activity: 630
Merit: 500
IPO wall canceled.
80675 shares.
hero member
Activity: 672
Merit: 500
Already trading over the IPO !!!
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Excellent news CryptX Smiley keep up the good work...
hero member
Activity: 658
Merit: 500
Just 1 day short of the hashrate increase but fuck those walls came down quick on havelock!
member
Activity: 116
Merit: 10
Fantastic news!

But still, now that we have something hashing can we discuss merge mining?
legendary
Activity: 2786
Merit: 1031
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