[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 253.

st4nl3y

legendary

Activity: 1050

Merit: 1000

Quote from: VonSpecht on November 24, 2013, 08:21:33 AM

Dear Cryptx, maybe you should instead than deleting some messages, try to inform your customers about the current situation?

You just canceled this week dividends without any warning and said that you will explain it later...?? There are large amounts of money holding on your project, so it's of course quite natural that peoples get nervous when they don't know what is going on there, right? Huh

Your work seems professional so far and personally I want to trust that you are doing right things, but please don't forget to communicate with your customers who have trusted you!! Thanks.

well said

+1

VonSpecht

newbie

Activity: 45

Merit: 0

Dear Cryptx, maybe you should instead than deleting some messages, try to inform your customers about the current situation?

You just canceled this week dividends without any warning and said that you will explain it later...?? There are large amounts of money holding on your project, so it's of course quite natural that peoples get nervous when they don't know what is going on there, right? Huh

Your work seems professional so far and personally I want to trust that you are doing right things, but please don't forget to communicate with your customers who have trusted you!! Thanks.

cryptx

sr. member

Activity: 350

Merit: 250

I had to delete 2 posts because we cannot tolerate certain language.

We do however appreciate constructive ideas and criticism.

hephaist0s

hero member

Activity: 711

Merit: 532

Quote from: dhenson on November 22, 2013, 03:54:21 PM

I'm hesitantly optimistic. It really all depends on when the newly ordered equipment arrives. Cryptx has a special relationship with Cointerra that might have enabled them to make a sweetheart deal on this purchase, without more info we can only speculate.

Personally I'm very happy with the moves Cryptx has taken with this mine up to this point and have every confidence that he will continue to do what is best for the shareholders.

+1

dhenson

legendary

Activity: 994

Merit: 1000

I'm hesitantly optimistic. It really all depends on when the newly ordered equipment arrives. Cryptx has a special relationship with Cointerra that might have enabled them to make a sweetheart deal on this purchase, without more info we can only speculate.

Personally I'm very happy with the moves Cryptx has taken with this mine up to this point and have every confidence that he will continue to do what is best for the shareholders.

Mapuo

hero member

Activity: 910

Merit: 1002

Quote from: ujka on November 22, 2013, 03:06:51 PM

Quote from: da2ce7 on January 09, 2011, 06:35:29 PM

2 hours and 8 min to 23.11, and still nothing..

There will be no dividends this week, and will stay that way a few weeks. Untill new hardware arrives.
In return we get 2.4 gh/share instead. Too good to be true?

The last is

Quote from: cryptx on October 14, 2013, 05:18:41 PM

UPDATE 15/11/2013

Fifth dividend paid 0.00164041 BTC or 2,85%

Next dividend will be paid on 22/11/2013

ujka

hero member

Activity: 630

Merit: 500

Quote from: da2ce7 on January 09, 2011, 06:35:29 PM

2 hours and 8 min to 23.11, and still nothing..

There will be no dividends this week, and will stay that way a few weeks. Untill new hardware arrives.
In return we get 2.4 gh/share instead. Too good to be true?

Mapuo

hero member

Activity: 910

Merit: 1002

It isnt.

Quote from: cryptx on October 14, 2013, 05:18:41 PM

UPDATE 15/11/2013

Fifth dividend paid 0.00164041 BTC or 2,85%

Next dividend will be paid on 22/11/2013

2 hours and 8 min to 23.11, and still nothing..

st4nl3y

legendary

Activity: 1050

Merit: 1000

Quote from: ujka on November 22, 2013, 10:39:30 AM

Right now he is offering us 2.4 times of what we originally bought! That will greatly outperform those few weeks of no dividends.

this is exactly what I mean...if something looks too good to be true it probably isn't

ujka

hero member

Activity: 630

Merit: 500

I still want to have hope and trust in people, so I believe Cryptx is doing his best in this project.
Right now he is offering us 2.4 times of what we originally bought! That will greatly outperform those few weeks of no dividends.

frito

full member

Activity: 129

Merit: 100

There should have been vote.

But if the deployment of 2.4TH/s/share starts as planned (in Dec) then its ok. Time is of the essence though.

If it is delayed we should get appropriately compensated and I do not mean that " extra 20TH/s per month of delay".

st4nl3y

legendary

Activity: 1050

Merit: 1000

Quote from: cryptx on November 22, 2013, 08:07:00 AM

We like to keep you up to date on the current status of the PETA-MINE project.

As most of you noticed, we scaled down our current mining operation and sold all mining boards. Our strategy behind this is that we can use the revenue from this hardware sale and increase in BTC/$ rate as leverage for the future deployment of the PETA-MINE through additional investment in new mining hardware. We are currently finalising some hardware deals which will significantly increase the overall hashrate of the PETA-MINE from 63TH to 150TH (or 2.4 GH/share instead of 1 GH/share). As a result, we propose to reinvest in new hardware and postpone dividend payout until the first rollout of the 28nm systems.

More detailed information will follow soon.

will we have a vote to postpone divs? I am concerned with what cryptx is doing, i just hope it won't turn out to be another well played scam....

ujka

hero member

Activity: 630

Merit: 500

I think there will be no dividends until the new hardware is deployed. It is OK with me, if that deployment is scheduled for december and if we get 2.4gh/share! I suggested something like this a few days ago, but not to withold all the dividends. Worried only, what this witholding will do to shares price?

tokyoghetto

legendary

Activity: 1232

Merit: 1000

will there be a dividend payout today? Or is last weeks payout the last one until the new hardware is deployed?

cryptx

sr. member

Activity: 350

Merit: 250

We like to keep you up to date on the current status of the PETA-MINE project.

As most of you noticed, we scaled down our current mining operation and sold all mining boards. Our strategy behind this is that we can use the revenue from this hardware sale and increase in BTC/$ rate as leverage for the future deployment of the PETA-MINE through additional investment in new mining hardware. We are currently finalising some hardware deals which will significantly increase the overall hashrate of the PETA-MINE from 63TH to 150TH (or 2.4 GH/share instead of 1 GH/share). As a result, we propose to reinvest in new hardware and postpone dividend payout until the first rollout of the 28nm systems.

More detailed information will follow soon.

tokyoghetto

legendary

Activity: 1232

Merit: 1000

Quote from: dhenson on November 21, 2013, 10:38:48 AM

Quote from: tokyoghetto on November 21, 2013, 08:02:00 AM

So is Petamine receiving new hardware? When and how much mining power? We are at 1 TH/s and as a shareholder I am getting a tad bit nervous. However, Petamine has been of the most professionally run mining operations so I do have my finger on the buy button for more shares.

The plan has always been to start the mine with cointerra batch 1 equipment. The existing mine was an afterthought that cryptx sweetened the deal with while we wait for december. Check out cryptx.com it has all the info you need.

sounds great. I am now even more confident in investing with Petamine.

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: tokyoghetto on November 21, 2013, 08:02:00 AM

So is Petamine receiving new hardware? When and how much mining power? We are at 1 TH/s and as a shareholder I am getting a tad bit nervous. However, Petamine has been of the most professionally run mining operations so I do have my finger on the buy button for more shares.

The plan has always been to start the mine with cointerra batch 1 equipment. The existing mine was an afterthought that cryptx sweetened the deal with while we wait for december. Check out cryptx.com it has all the info you need.

tokyoghetto

legendary

Activity: 1232

Merit: 1000

So is Petamine receiving new hardware? When and how much mining power? We are at 1 TH/s and as a shareholder I am getting a tad bit nervous. However, Petamine has been of the most professionally run mining operations so I do have my finger on the buy button for more shares.

VonSpecht

newbie

Activity: 45

Merit: 0

I think that with the current BTC/$ rate about 600-700 1.5 BTC/board is pretty much the right price (about 50-60 days ROI) though I think some 1.7-1.9 BTC could have been also possible to get? So, now we are waiting for some 400 BTC extra dividends on this Friday and the new hardware hashing in early December?? And in fact that 1000 BTC at the beginning of this month would have been much less for us than some 400 BTC right now... Generally speaking, I am very pleased with this investment, so thanks Cryptx for the good job so far! Cheesy

AM4Bitcoin

full member

Activity: 189

Merit: 100

A new statement would be nice. I think bitcoin in $ has peaked and we will see some quieter weeks/months now. So when btc/$ is going down we could get more bitcoins per device.

Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 253. (Read 565837 times)