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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 241. (Read 565837 times)

full member
Activity: 156
Merit: 100

A 120ghash Spike. Whowho . Guess they are making toast...
Do you get a stiffy of 120 ? 8P

But i guess they tested a furyburner or something like that

Could be a sign they're testing /implementing some boards.

Just positive to see some activity


sr. member
Activity: 281
Merit: 250
Petamine testing something??

Suddenly a miner stat appeared on the hash page

http://eligius.st/~wizkid057/newstats/userstats.php/1KkMPX9oKxoYnb5DU2xCJDrgQF6r9g6jza

There seems to be activity there, saw this also a few weeks ago.

A 120ghash Spike. Whowho . Guess they are making toast...
Do you get a stiffy of 120 ? 8P

But i guess they tested a furyburner or something like that
full member
Activity: 156
Merit: 100
Sorry, ELI5, what's going on? How do you know it's them?

Look at first pages of this thread, it's their stats page on Eligius

We used to see the hash rate from the earlier miner there
full member
Activity: 237
Merit: 100
Petamine testing something??

Suddenly a miner stat appeared on the hash page

http://eligius.st/~wizkid057/newstats/userstats.php/1KkMPX9oKxoYnb5DU2xCJDrgQF6r9g6jza

There seems to be activity there, saw this also a few weeks ago.
sr. member
Activity: 241
Merit: 250
Sorry, ELI5, what's going on? How do you know it's them?
full member
Activity: 156
Merit: 100
Petamine testing something??

Suddenly a miner stat appeared on the hash page

http://eligius.st/~wizkid057/newstats/userstats.php/1KkMPX9oKxoYnb5DU2xCJDrgQF6r9g6jza
full member
Activity: 156
Merit: 100
That's great news.
Thanks for the update on the insurance.
Now, is there any way you could get an estimate for the start of mining date? Roughly, doesn't need to be perfect. But it doesn't look like we will start mining in one week (or two)...

Thanks!

+1 with the diff shooting up every 10 days and we've only got PetaMine insurance for +20% every 30 days it would be a disaster to start mining after mid February
legendary
Activity: 1050
Merit: 1000
please correct me if i'm wrong but aren't we on the list for the cointerra batch#1 hardware that will ship end of Jan?
sr. member
Activity: 241
Merit: 250
That's great news.
Thanks for the update on the insurance.
Now, is there any way you could get an estimate for the start of mining date? Roughly, doesn't need to be perfect. But it doesn't look like we will start mining in one week (or two)...

Thanks!
sr. member
Activity: 350
Merit: 250
UPDATE 15/01/2014:

Due to the fact the PETAMINE will not start with the mining before mid-January, the start date insurance comes into effect (http://www.peta-mine.co/peta-mine). This means we will start the PETAMINE with an extra 20% of hashing power. Each share will represent 2.88 GH/s instead of 2.4 GH/s. Since 76.446 shares are sold now, the PETAMINE will have a minimum initial hashrate of 220 TH/s.
newbie
Activity: 38
Merit: 0
Will you guys be doing a datacenter party when the equipment arrives?
sr. member
Activity: 350
Merit: 250
hero member
Activity: 658
Merit: 500
Well i think we are eligible for that hashrate increase by now hey...
hero member
Activity: 518
Merit: 500
Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.
Still did not see any schedule on when to start hashing. In BTC world, time is extremely important. Hope we can have encouraging news soon.

It's fully related to the time when they will get the hardware that is not under their control, that's why it would not be wise to make any promises about the schedule... And that's why they currently try to make everything ready as possible in the data center, that hashing could start soon as the hardware arrives...

The time table doesn't have to be exact, but tentative. As nothing usually goes on schedule in life, most of the times. For example, maybe early as xx/xx/xx and latest possible xx/xx/xx time frame. Just like doing a business plan to get a loan and/or investors, you have to have a good time frame of realistic time table.
newbie
Activity: 45
Merit: 0
Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.
Still did not see any schedule on when to start hashing. In BTC world, time is extremely important. Hope we can have encouraging news soon.

It's fully related to the time when they will get the hardware that is not under their control, that's why it would not be wise to make any promises about the schedule... And that's why they currently try to make everything ready as possible in the data center, that hashing could start soon as the hardware arrives...
sr. member
Activity: 448
Merit: 250
Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.
Still did not see any schedule on when to start hashing. In BTC world, time is extremely important. Hope we can have encouraging news soon.
hero member
Activity: 518
Merit: 500

"New exchange, new thread about PETA-MINE project. With the closure of BTC-TC our project will continue its listing on Crypto:stocks (www.cryptostocks.com).
PETAMINE is now trading on www.havelockinvestments.com

CryptX offers an asset (its PETA-MINE) for shares in the profit of the PETA-MINE project.

CryptX will offer 100,000 non-dilutable PETA-MINE shares for a price of 0.065 BTC per share at IPO.

Each share represents 1 GH/s of hashing power. For every share that is sold, CryptX will invest in an additional 20% hashpower. All mining revenue from this additional 20% will go to public shareholders until the initial investment of 0.065 BTC/share is recovered in dividends.

Each share represents an initial hashrate of 2.4 GH/s of the total hash power of the PETA-MINE, and shareholders will receive a weekly dividend payment every Friday. The PETA-MINE will deploy in January with an initial maximum capacity of 240,000 GH/s.

Dividends will automatically appear in shareholders’ wallets every Friday around 15:00 GMT. Dividends will consist of 65% of PETA-MINE net revenue for the week. Net revenue is defined as the total sum of Bitcoins mined, transaction fees received and net revenue from hardware sold, minus electricity, hosting, and mine maintenance costs.

Every week, CryptX will reserve for reinvestment purposes a percentage of earned Bitcoins equal to 35% of net revenue. These investments will allow CryptX to produce and deploy additional hardware. Time of deployment for this additional hardware will be in the best interest of shareholders."

So, when will the first dividends occur for January or is it being delayed?
legendary
Activity: 1610
Merit: 1000
Well hello there!
Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.

Sky just got a little brighter. Appreciate the update Smiley
legendary
Activity: 1050
Merit: 1000

Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.



cointerra terraminerIV batch#1 is in early production stages already and they confirmed shipping end of january
newbie
Activity: 45
Merit: 0
Status Update:

A quick update where we are at: As many others we are awaiting for final engineering / test results from both Bitmine and Cointerra. As soon as those final tests are done and both companies start with their production process we will have more exact details about delivery of the long awaited mining hardware. We are closely following up on the progress and visited Bitmine in Switzerland last week, all looks promising but still some engineering work to be done.

Meanwhile, we are also preparing our datacenter for future growth and expansion, which requires a lot of planning and upfront work as we want to be ready not only for the first batches of miners but also for future deployment (once we are mining things will start moving rapidly).

We know everyone is excited to get this project started and we can begin mining (the same goes for us)! It can be frustrating to wait for those final updates from manufacturers but we hope to receive some good news soon and get this started.

We'll keep you posted.

Thank You! Smiley
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