Pages:
Author

Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 28. (Read 565829 times)

full member
Activity: 174
Merit: 102
Wow... has the difficulty reached a plateau?

Don't jinx it!
legendary
Activity: 1610
Merit: 1000
Well hello there!
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...

Looks like we settled
http://bitcoindifficulty.com/
18,736,441,558
Next difficulty (estimate): 18,727,430,107 (+-0%)

So it landed at 18.7 mill

Wow... has the difficulty reached a plateau?

It's summer so its probably just calmed down due to the dog days and increasing electrical costs associated with that.
A plateau for now but wait for winter
Then we may some strong increases again or the next gen of chips
Not a chance.  The calm before the storm mon ami...calm before the storm!
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...

Looks like we settled
http://bitcoindifficulty.com/
18,736,441,558
Next difficulty (estimate): 18,727,430,107 (+-0%)

So it landed at 18.7 mill

Wow... has the difficulty reached a plateau?

It's summer so its probably just calmed down due to the dog days and increasing electrical costs associated with that.
A plateau for now but wait for winter
Then we may some strong increases again or the next gen of chips
hero member
Activity: 854
Merit: 510
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...

Looks like we settled
http://bitcoindifficulty.com/
18,736,441,558
Next difficulty (estimate): 18,727,430,107 (+-0%)

So it landed at 18.7 mill

Wow... has the difficulty reached a plateau?
Probably not yet, most likely it is just summer heat.
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...

Looks like we settled
http://bitcoindifficulty.com/
18,736,441,558
Next difficulty (estimate): 18,727,430,107 (+-0%)

So it landed at 18.7 mill

Wow... has the difficulty reached a plateau?
legendary
Activity: 1610
Merit: 1000
Well hello there!
My dividend guess for tomorrow: 0.00002078
The dividend for B.Mine tomorrow will be 0.00014504 for 5 GH/s or .00002900 per GH/s.   However the price of B.Mine is now slightly 5x of PETA.  Still B.Mine would break even in about 11 months at 12% difficulty increases.    As grim as that is, the story is better than it is for PETA.  The power fees kill PETA.
Agreed.  They've been milking this electric/hosting fee for quite sometime.  It was even worse back when he was charging 0.50/kw/h until the scryptx 'split'.  Anyhoo, learned a painful lesson investing in cryptx that won't soon be forgotten at least.
legendary
Activity: 2786
Merit: 1031
im confused how is PETA priced higher then Bmine when peta has lower divs?

who was buying all those shares this morning


B.MINE is a derivative, PETA has real hardware...
I understand, so is PETA higher because people expect a payout at some point for hardware sold.  It already seems Cryptx cut that idea out by each share being 1 GHs fixed...?

Read from this post: https://bitcointalksearch.org/topic/m.7847179

hero member
Activity: 574
Merit: 500
im confused how is PETA priced higher then Bmine when peta has lower divs?

who was buying all those shares this morning


B.MINE is a derivative, PETA has real hardware...
I understand, so is PETA higher because people expect a payout at some point for hardware sold.  It already seems Cryptx cut that idea out by each share being 1 GHs fixed...?
legendary
Activity: 2786
Merit: 1031
im confused how is PETA priced higher then Bmine when peta has lower divs?

who was buying all those shares this morning


B.MINE is a derivative, PETA has real hardware...
hero member
Activity: 574
Merit: 500
im confused how is PETA priced higher then Bmine when peta has lower divs?

who was buying all those shares this morning
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...

Looks like we settled
http://bitcoindifficulty.com/
18,736,441,558
Next difficulty (estimate): 18,727,430,107 (+-0%)

So it landed at 18.7 mill
newbie
Activity: 36
Merit: 0
btw, I just sold my last shares turning a huge… 2 mBTC profit  Cheesy

who the heck is selling 9k shares?
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
8% difficulty increase in the next few hours at most... heh, that won't even change the payout for tommorow.  Cheesy
newbie
Activity: 36
Merit: 0
updated graph, 3 weeks after the 1:14 split
https://i.imgur.com/SU0YwWJ.jpg
member
Activity: 82
Merit: 10
hero member
Activity: 854
Merit: 510
My dividend guess for tomorrow: 0.00002078
The dividend for B.Mine tomorrow will be 0.00014504 for 5 GH/s or .00002900 per GH/s.   However the price of B.Mine is now slightly 5x of PETA.  Still B.Mine would break even in about 11 months at 12% difficulty increases.    As grim as that is, the story is better than it is for PETA.  The power fees kill PETA.
legendary
Activity: 1610
Merit: 1000
Well hello there!
My dividend guess for tomorrow: 0.00002078
newbie
Activity: 37
Merit: 0
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...
hero member
Activity: 854
Merit: 510
...
ALL valuations on any asset are whatever a person is willing to pay. ...

Price, even price people are paying and value are too different things.  A valuation is a statement of value and doesn't have anything directly to do with price.

Actually, they are the exact the same thing. Somebody seeing a post on reddit and jumping into peta on havelock may not have sat down and done a true valuation, BUT as they decided what the could invest and bought in, they do a quick valuation and decided current price is worth purchasing.

Price and value are two completely different things.  Not understanding that is why people lose at investing.   
hero member
Activity: 854
Merit: 510
...
ALL valuations on any asset are whatever a person is willing to pay. ...

Price, even price people are paying and value are too different things.  A valuation is a statement of value and doesn't have anything directly to do with price...

To be fair, the value of securities like PETA is mainly speculative, since the underlying value is unknown and is in constant flux.  When the difficulty goes up X%, the asset value [hardware] goes down ~X%.*  We don't have enough info to predict difficulty.  Throw in irrationality and illiquidity of the market, and market price becomes the only interesting indicator.

*Actually a bit more, since there's a floor below which the hardware stops generating profit, i.e. (the cost of hosting+electricity) becomes greater than (the coin mined).

I don't agree, price isn't the only interesting indicator.  You have to determine a value of the security that you believe in.   It is really value that drives market price over time.   It takes time because there will be a large range of views on the value, but if one is even on the correct side of the value one can make good choices about price.   

Right now we have too very mild difficulty changes and that has lulled people in to believing we are at the top of the difficulty curve.   That might be the case, but it could also be the case we get a big jump again.   If we do, PETA will likely see a bigger than justified decrease in price.  That is the risk.  The other risk is the yield is too low for the price.  The dividend today was high at .00002101, but compare that to B.Mine that pays .00002900 per GH/s everyday this difficulty, PETA is low, but priced higher?   That is overvalued no matter how you paint it.
Pages:
Jump to: