Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 34. (Read 565829 times)
0.00001684 BTC/share today. Going down...
Huh? How did you get that? 
Well based on shareprice only, seems PETA is 40% cheaper than B.MINE in this moment, Although I don't think that is what he is referring to..
is it possible to convert peta into a virtual mining operation similar to b mine b sell, liquidnate all the hardware to add to the btc pool.and with no hosting cost it should add more to the value ?
B.Mine dividends are completely predictable and you can also take a short position with B.Sell. I'm currently short. The pair are linked by a NAV value so when one goes up the other goes down. If that doesn't happen then you can take profits by buying B.EXCH which gets converted to a B.Mine, B.Sell pair and then selling the pair. If the prices are too low to the NAV you can sell the pairs back to the manager who will buy then for 98% of the NAV price. The NAV value is computed daily. The B.MINE dividends are computed based on the difficultly and there isn't any fees or variance. There is also a clearly defined end game where all positions will be closed.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that?
Huh? How did you get that?
Key differences
- B.Mine dividend is more than 50% greater than PETA (Average over the last 2 days, B.Mine is paying .00145 / share or .00029 / GH/s)
- B.Sell pays you the amount you lose in mining gains (over 200 days) each difficulty change
- Price of B.Mine + B.Sell ~= daily NAV ... they are linked and you can trade them that way
- There is an end game so there won't be any bagholders at the end.
So B.Mine offers better income, more trading options and more predictability.
Right now B.Sell is undervalued (I believe) and so B.Mine is overvalued. Price chances often.
So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that?
How are you calculating the premium?
B.Mine dividends are completely predictable and you can also take a short position with B.Sell. I'm currently short. The pair are linked by a NAV value so when one goes up the other goes down. If that doesn't happen then you can take profits by buying B.EXCH which gets converted to a B.Mine, B.Sell pair and then selling the pair. If the prices are too low to the NAV you can sell the pairs back to the manager who will buy then for 98% of the NAV price. The NAV value is computed daily. The B.MINE dividends are computed based on the difficultly and there isn't any fees or variance. There is also a clearly defined end game where all positions will be closed.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that?
B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
What is the difference from an investor POV?
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
What is the difference from an investor POV?
Dillution included and share price and dividend decrease proprtionatly plus increasing hash rate on the network of 3%
How many days at 0.007% a day will it take to match share price?
142 days of no increases = 5.5 Months I think
How many days at 0.007% a day will it take to match share price?
142 days of no increases = 5.5 Months I think
...
B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
B.MINE is more eco-friendly--it uses zero energy! Unlike PETA, it doesn't waste 50c/KWH free-range-solar-hippy power--power which could be put to better uses, like smelting aluminum and tasing poor people!
b mines pays 2900 per ghs a day, peta pays 1800 per day, what is that like a 40 percent hosting cost. excuses my ignorance i dont no too much about the energy side of this outfit, but would or wouldnt it be cheaper to use regular type of eletricity ,rather than this spectacular solar power they got goin on.
B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
b mines pays 2900 per ghs a day, peta pays 1800 per day, what is that like a 40 percent hosting cost. excuses my ignorance i dont no too much about the energy side of this outfit, but would or wouldnt it be cheaper to use regular type of eletricity ,rather than this spectacular solar power they got goin on.
0.00002086 BTC/share today.
lmao. Talk about a harsh reality adjustment. I've gone from thinking this asset would provide me with a decent weekly disposable income that just might grow a bit in value to a steady cheap cup of coffee everyday! Whoo hoo!Also agree difficulty will be ramping up here very soon. Enjoy these paltry dividends while they last fellas.
Don't forget that this is a daily dividend and you have 14 times the shares now.
In no sane universe is .7% per day a paltry return. You definitely do need a reality adjustment.
To compare it to the old system you just have to multiply by 7 (days) and 14 (new shares for single old share), you get 0.00180124BTC for this week.
Dividends for July 4th (at 50%) were 0.00109321. Move them to 100% and you get 0.00218642BTC.
That's 0.0006714BTC less than the week before (June 27th) if it were at 100% (0.00285782BTC).
Sure it's getting lower and lower, but I don't see anything different than what it was already doing before the split.
I'm not saying it's a good time to invest in it, but it's not worse than a month ago either. It's following the same trend.
0.00002086 BTC/share today.
lmao. Talk about a harsh reality adjustment. I've gone from thinking this asset would provide me with a decent weekly disposable income that just might grow a bit in value to a steady cheap cup of coffee everyday! Whoo hoo!Also agree difficulty will be ramping up here very soon. Enjoy these paltry dividends while they last fellas.
Don't forget that this is a daily dividend and you have 14 times the shares now.
In no sane universe is .7% per day a paltry return. You definitely do need a reality adjustment.
0.00002086 BTC/share today.
lmao. Talk about a harsh reality adjustment. I've gone from thinking this asset would provide me with a decent weekly disposable income that just might grow a bit in value to a steady cheap cup of coffee everyday! Whoo hoo!Also agree difficulty will be ramping up here very soon. Enjoy these paltry dividends while they last fellas.
Don't forget that this is a daily dividend and you have 14 times the shares now.
0.00002086 BTC/share today.
lmao. Talk about a harsh reality adjustment. I've gone from thinking this asset would provide me with a decent weekly disposable income that just might grow a bit in value to a steady cheap cup of coffee everyday! Whoo hoo!Also agree difficulty will be ramping up here very soon. Enjoy these paltry dividends while they last fellas.
0.00002086 BTC/share today.
I didn't say what kind of correction! 
... a lot of people bought in at 0.095 / 0.0975 and the hashrate went from 500TH/s to ~1200TH/s. Once dividends resume, which according to cryptx will be next friday, there will be a correction.
Boy howdy!
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I think it is a little overpriced right now. We are probably headed for a more normal difficulty change.
That's probably right dyask I think that if it stabilizes it might interest some miners on the sidelines to get new equipment with a lower percentage prediction for ROI.
Something like B/E is only a month instead of 2 away instead maybe I'll get some new hardware.
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