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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 256. (Read 565837 times)

full member
Activity: 129
Merit: 100
Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards



sup Crypto

What was the average selling price of the boards?
sr. member
Activity: 350
Merit: 250
Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards

legendary
Activity: 994
Merit: 1000
131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.

Boom
hero member
Activity: 711
Merit: 532
131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.
full member
Activity: 237
Merit: 100
newsletter from cointerra. you guys have checked it?

Looks promissing that letter.
jr. member
Activity: 56
Merit: 10
newsletter from cointerra. you guys have checked it?
full member
Activity: 156
Merit: 100
cryptx

any updates regarding the launch of the official mining operations in december?
Are you guys on track for that deployment?
sr. member
Activity: 350
Merit: 250
FOURTH DIVIDEND DUE IN 5 HOURS
hero member
Activity: 711
Merit: 532
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.


The prices on the website were pegged in euros, so that's why dhenson was saying we'd only get ~2BTC per blade now. They won't sell for 5.4BTC/ea unless the exchange rate collapses. Even in the auction on the forum we were only getting 2.5-ish BTC/ea.
sr. member
Activity: 350
Merit: 250
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.


Pls explain where you got 5.4 BTC? (this is 1675$/board)
full member
Activity: 129
Merit: 100
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.
full member
Activity: 129
Merit: 100
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

We have suspended all sales yesterday. We will give an update of sales so far soon.

If people pay more than  5.4 BTC* per blade why not keep selling?    *EDIT: 3.4BTC

Just put out another 10 pcs batch for sale to probe the demand.

Maybe you should put it to VOTE.

I'd be also more inclined to focus on selling new cointerra HW rather than keeping and mining with it.

Unless BTC/USD growth matches that of Difficulty, minig will soon be not worth it, we are already approching technological limits with asic.
full member
Activity: 154
Merit: 101
sr. member
Activity: 350
Merit: 250
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

We have suspended all sales yesterday. We will give an update of sales so far soon.
legendary
Activity: 994
Merit: 1000
It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.
sr. member
Activity: 350
Merit: 250
cryptx ,

How will you compensate the shareholders for the 4TH/s that never came?

1. We promised to start hashing at the end of September. The Bitburner Fury boards were not ready at that time (due to factors out of our control). Because of that we calculated a reasonable mining profit we could have made if we started mining at the end of September. So yes, the biggest part of the 300 BTC was paid out of our own pocket.

2. The first deployment of 20 TH/s at the end of September has a monthly total cost, including electricity, maintenance and hosting, of maximum 5,000$.
We charged 0$ for electricity/maintanance and hosting so far

full member
Activity: 129
Merit: 100
PETAMINE hardware sales consist of 350 BitBurner Fury boards.

At current rate (~3.4 BTC) this would yield a total of ~1190 BTC

cryptx ,

How will you compensate the shareholders for the 4TH/s that never came?
hero member
Activity: 711
Merit: 532
Speaking of that Cryptx, now might be a good time to re-apply on Havelock.  They just got purchased by a fully licensed investment company and are welcoming US based customers.

https://bitcointalksearch.org/topic/havelock-the-panama-fund-sa-acquires-havelockinvestmentscom-323077

The volume would definitely be welcome.
+1
gettin my dolla
+1
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
Speaking of that Cryptx, now might be a good time to re-apply on Havelock.  They just got purchased by a fully licensed investment company and are welcoming US based customers.

https://bitcointalksearch.org/topic/havelock-the-panama-fund-sa-acquires-havelockinvestmentscom-323077

The volume would definitely be welcome.
+1
gettin my dolla
legendary
Activity: 994
Merit: 1000
Speaking of that Cryptx, now might be a good time to re-apply on Havelock.  They just got purchased by a fully licensed investment company and are welcoming US based customers.

https://bitcointalksearch.org/topic/havelock-the-panama-fund-sa-acquires-havelockinvestmentscom-323077

The volume would definitely be welcome.
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