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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 25. (Read 565829 times)

legendary
Activity: 2786
Merit: 1031
Daily results show truth, and present truth with PETA shows decrease (not to significant though). However, the difficulty has slowed down, therefore we have extended dividend payments to accumulate (providing luck and chance is on our side). That being said, presently PETA offers the best cloud mining investment out there. Risk is always part of any investment, any investor knows this and has an investment strategy with individual goals for capital gain through dividend and trading.

Are you sure, that "presently PETA offers the best cloud mining investment out there" ?
Lets' do some calculations.

PETA: Price = 0.00263 BTC/GH/s, Divident = 0.00001556, 0.59% today

PBMining ( http://pbmining.com?ref=fizzly )
  Price = 0.0026364 BTC/GH/s, Divident = 0.00002684, 1.02% today

Smiley ... and if you are wise, you shall understand why 0.0026364 and not 0.0029 Smiley

Can you trade pbmining?

I don't need trading PBMining. I know that 5 years the daily divident will be without charges, according to the "difficulty", as is today at 0.00002684 BTC/GH/s/day, according to https://bitcoinwisdom.com/bitcoin/difficulty.
With PETA I know today dividents are 0.00002107, tomorrow may be 0.00001467, may be X or Y, with incredible misterious charges (salary, hosting, ..).

Then you have to compare PETA with similar offers like CEX.io and Cryptsy Mining Contracts, you will see PETA is trading much lower than the former two.
full member
Activity: 135
Merit: 100
Daily results show truth, and present truth with PETA shows decrease (not to significant though). However, the difficulty has slowed down, therefore we have extended dividend payments to accumulate (providing luck and chance is on our side). That being said, presently PETA offers the best cloud mining investment out there. Risk is always part of any investment, any investor knows this and has an investment strategy with individual goals for capital gain through dividend and trading.

Are you sure, that "presently PETA offers the best cloud mining investment out there" ?
Lets' do some calculations.

PETA: Price = 0.00263 BTC/GH/s, Divident = 0.00001556, 0.59% today

PBMining ( http://pbmining.com?ref=fizzly )
  Price = 0.0026364 BTC/GH/s, Divident = 0.00002684, 1.02% today

Smiley ... and if you are wise, you shall understand why 0.0026364 and not 0.0029 Smiley

Can you trade pbmining?

I don't need trading PBMining. I know that 5 years the daily divident will be without charges, according to the "difficulty", as is today at 0.00002684 BTC/GH/s/day, according to https://bitcoinwisdom.com/bitcoin/difficulty.
With PETA I know today dividents are 0.00002107, tomorrow may be 0.00001467, may be X or Y, with incredible misterious charges (salary, hosting, ..).
member
Activity: 82
Merit: 10
what happens with the p2p stats?

http://pool.petamine.co:9332/static/
Are we even on p2pool yet?  I thought we where still on ghash.io?

http://www.peta-mine.co/stats/


"We announced to further examine and experiment with p2pool last week. We have set up our own p2pool node ( http://pool.petamine.co:9332/static/ ) and after several days of testing we can confirm that it is running stable and are ready to direct the entire PetaMine to p2pool."

Maybe is down for news...
legendary
Activity: 1610
Merit: 1000
Well hello there!
what happens with the p2p stats?

http://pool.petamine.co:9332/static/
Are we even on p2pool yet?  I thought we where still on ghash.io?

http://www.peta-mine.co/stats/
member
Activity: 82
Merit: 10
sr. member
Activity: 378
Merit: 254
...think how PETA allows investors to capital gain and come to blossom with a nice ROI, despite the complexities and competition that goes hand in hand in any 'bitcoin' mining operation/investment today.  Cheesy

member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Daily results show truth, and present truth with PETA shows decrease (not to significant though). However, the difficulty has slowed down, therefore we have extended dividend payments to accumulate (providing luck and chance is on our side). That being said, presently PETA offers the best cloud mining investment out there. Risk is always part of any investment, any investor knows this and has an investment strategy with individual goals for capital gain through dividend and trading.

Are you sure, that "presently PETA offers the best cloud mining investment out there" ?
Lets' do some calculations.

PETA: Price = 0.00263 BTC/GH/s, Divident = 0.00001556, 0.59% today

PBMining ( http://pbmining.com?ref=fizzly )
  Price = 0.0026364 BTC/GH/s, Divident = 0.00002684, 1.02% today

Smiley ... and if you are wise, you shall understand why 0.0026364 and not 0.0029 Smiley

My friend, if you were wise... you would not develop such a question... really... think how PETA allows investors to capital gain and come to blossom with a nice ROI, despite the complexities and competition that goes hand in hand in any 'bitcoin' mining operation/investment today.  Cheesy
legendary
Activity: 2786
Merit: 1031
Daily results show truth, and present truth with PETA shows decrease (not to significant though). However, the difficulty has slowed down, therefore we have extended dividend payments to accumulate (providing luck and chance is on our side). That being said, presently PETA offers the best cloud mining investment out there. Risk is always part of any investment, any investor knows this and has an investment strategy with individual goals for capital gain through dividend and trading.

Are you sure, that "presently PETA offers the best cloud mining investment out there" ?
Lets' do some calculations.

PETA: Price = 0.00263 BTC/GH/s, Divident = 0.00001556, 0.59% today

PBMining ( http://pbmining.com?ref=fizzly )
  Price = 0.0026364 BTC/GH/s, Divident = 0.00002684, 1.02% today

Smiley ... and if you are wise, you shall understand why 0.0026364 and not 0.0029 Smiley

Can you trade pbmining?
full member
Activity: 135
Merit: 100
Daily results show truth, and present truth with PETA shows decrease (not to significant though). However, the difficulty has slowed down, therefore we have extended dividend payments to accumulate (providing luck and chance is on our side). That being said, presently PETA offers the best cloud mining investment out there. Risk is always part of any investment, any investor knows this and has an investment strategy with individual goals for capital gain through dividend and trading.

Are you sure, that "presently PETA offers the best cloud mining investment out there" ?
Lets' do some calculations.

PETA: Price = 0.00263 BTC/GH/s, Divident = 0.00001556, 0.59% today

PBMining ( http://pbmining.com?ref=fizzly )
  Price = 0.0026364 BTC/GH/s, Divident = 0.00002684, 1.02% today

Smiley ... and if you are wise, you shall understand why 0.0026364 and not 0.0029 Smiley
legendary
Activity: 1610
Merit: 1000
Well hello there!
My guess would be that PETA is bumping up against their capacity limit at their physical location and is choosing to host additional hash power with bitfury so that they can release more shares @ 1gh/share (non-diluted).  As long as the PETA share price remains > hardware + hosting, why wouldn't they?

That, or they are already hosting with bitfury and are making profit off of the difference between what they charge us for the 'management fee' and what they pay bitfury for hosting.
I have a sneaking suspicion you may just be right sir.  I was thinking something similar and if true CryptX really need's to lower his hosting and electric fee's now Smiley
legendary
Activity: 994
Merit: 1000
My guess would be that PETA is bumping up against their capacity limit at their physical location and is choosing to host additional hash power with bitfury so that they can release more shares @ 1gh/share (non-diluted).  As long as the PETA share price remains > hardware + hosting, why wouldn't they?

That, or they are already hosting with bitfury and are making profit off of the difference between what they charge us for the 'management fee' and what they pay bitfury for hosting.
hero member
Activity: 700
Merit: 500
Quote
Bert Valkenborgs, CEO of CryptX: “Professional hosted mining operations are the future of this market. CryptX operates in this space and has chosen BitFury’s hosted mining services for its project ‘PetaMine.’ We have worked together with BitFury on several occasions and we are very pleased with this business relationship.”

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/



well, that's interesting.  hopefully they'll pop off an update.

obviously it opens a whole nuther can of worms, but I'll see what this is all about before speculating. 
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Quote
Bert Valkenborgs, CEO of CryptX: “Professional hosted mining operations are the future of this market. CryptX operates in this space and has chosen BitFury’s hosted mining services for its project ‘PetaMine.’ We have worked together with BitFury on several occasions and we are very pleased with this business relationship.”

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/

Hard to say... if you don't mind pop cryptx an email requesting an update. Hopefully with enough emails entailing this request we can find out whats going on. A good update and something to look forward to surely would boost the share price... well, that and an increase in bitcoin itself lol. Regardless, if you get a chance (if you haven't already) send them that email.
hero member
Activity: 770
Merit: 509
Quote
Bert Valkenborgs, CEO of CryptX: “Professional hosted mining operations are the future of this market. CryptX operates in this space and has chosen BitFury’s hosted mining services for its project ‘PetaMine.’ We have worked together with BitFury on several occasions and we are very pleased with this business relationship.”

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/
legendary
Activity: 994
Merit: 1000
Is petamine having all their HW hosted by bitfury now?

What would make you come to that conclusion?
hero member
Activity: 770
Merit: 509
Is petamine having all their HW hosted by bitfury now?
member
Activity: 82
Merit: 10
Agreed, we need some communication. Many of us should write to cryptx and request an update. If not a weekly one then at least a monthly.

Edit:

I have sent them an email requesting at a minimum monthly updates on the projects status. Anyone who has the time and is willing please email them and request the same.

Done.
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Agreed, we need some communication. Many of us should write to cryptx and request an update. If not a weekly one then at least a monthly.

Edit:

I have sent them an email requesting at a minimum monthly updates on the projects status. Anyone who has the time and is willing please email them and request the same.
legendary
Activity: 1610
Merit: 1000
Well hello there!
How long does it take to take the step from ghash to p2pool, earnings are so low with this that it cant be nothing else but lazy mans job.
If 50% is dead shares that peta gets then we are near what we ought to be.

Try to think, we woted for p2pool, so go ahead. please
This fella raises a really good point.  I know there was some sort of issue with getting the unit(s) reconfigured to work with p2pool requiring some sort of patch job but I thought one of the other shareholders already turned them onto the fix sometime ago.  Also curious as to the status of this.
full member
Activity: 932
Merit: 100
arcs-chain.com
I think we should add another wote, if we stay with current settings or go ahead and take our chanses. Before we can take it so far we all need to know how bad is this hardware we are mining with.
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