Someone posted this on Reddit:
https://www.betmoose.com/bet/peta-on-havelock-investments-will-hit-01btc-by-2015-288
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 38. (Read 565829 times)
need more hype chaps, get this out there...
what is the range of the BTC/gh going rate these days? we know cex, but what other reasonable comparisons can be made?
reverse splits happened..
After a spike in the 0.0060's the ask price is going back down, we'll see if it stops around the expected 0.0028 mark.
reverse splits happened..
...
Maybe cryptx/petamine will morph into something more akin to cex. Have their own site to allow to trading of ghs between investors.
I have had a funny feeling for quite awhile that management at cex is keeping the price inflated, if petamine were to become a competitor of sorts to cex it would definitely even the playing field and if/when cryptx solves the bitfury p2pool issue, which has been solved by others, it could mean a mass migration to p2pool as well.
Maybe cryptx/petamine will morph into something more akin to cex. Have their own site to allow to trading of ghs between investors.
I have had a funny feeling for quite awhile that management at cex is keeping the price inflated, if petamine were to become a competitor of sorts to cex it would definitely even the playing field and if/when cryptx solves the bitfury p2pool issue, which has been solved by others, it could mean a mass migration to p2pool as well.
Check out /marketplace/service announcements/. Pretty much everything there is now riffing on the "cloud mining" theme.
I do agree that overall cloud mining is way over priced and usually not worth it, however there are a few that have proven to be reliable and drop their prices as btc/usd increases and as hardware costs drop. Cryptx/Petamine could very easily become an example of how to do cloud mining right.
Among the problems at cex.io the biggest one is that even as they bring on new hardware which likely costs pennies per GHS to produce these days, they let it trade on an open market where it goes for over 4$ currently. Cryptx/petamine could instead keep issuing more stock when they wish to or already have purchased more hardware for the cost per ghs that was/will be paid. Over time your "share" value would drop, but it all seriousness it should as the hardware loses value at every difficulty increase same as a car loses value when being driven off the lot.
Cloud hashing with the added benefit of no Buy depth. Can you say "hell in a hand basket?"
...
Maybe cryptx/petamine will morph into something more akin to cex. Have their own site to allow to trading of ghs between investors.
I have had a funny feeling for quite awhile that management at cex is keeping the price inflated, if petamine were to become a competitor of sorts to cex it would definitely even the playing field and if/when cryptx solves the bitfury p2pool issue, which has been solved by others, it could mean a mass migration to p2pool as well.
Maybe cryptx/petamine will morph into something more akin to cex. Have their own site to allow to trading of ghs between investors.
I have had a funny feeling for quite awhile that management at cex is keeping the price inflated, if petamine were to become a competitor of sorts to cex it would definitely even the playing field and if/when cryptx solves the bitfury p2pool issue, which has been solved by others, it could mean a mass migration to p2pool as well.
Check out /marketplace/service announcements/. Pretty much everything there is now riffing on the "cloud mining" theme.
to the moon.........
now, where do the ghash io boys hang out so we can spam them and tell them what a good deal is going on over at havelock.
also, perhaps we should ask cryptx about developing a trading platform a little better than havelock?
now, where do the ghash io boys hang out so we can spam them and tell them what a good deal is going on over at havelock.
also, perhaps we should ask cryptx about developing a trading platform a little better than havelock?
This isn't a bad idea on either account.
Maybe cryptx/petamine will morph into something more akin to cex. Have their own site to allow to trading of ghs between investors.
I have had a funny feeling for quite awhile that management at cex is keeping the price inflated, if petamine were to become a competitor of sorts to cex it would definitely even the playing field and if/when cryptx solves the bitfury p2pool issue, which has been solved by others, it could mean a mass migration to p2pool as well.
At least it goes a little towards showing that CryptX believes in this project.
They received 4650 shares with a dividend of .00211533 or a little under 9.836 btc in dividends for this week. That is about a 10% cut compared to last week that they received back on their remaining 342 btc loan. At the current share price those are worth 180-190 btc, so they must believe they can continue to turn out a profit over time, otherwise they would lose quite a bit on this conversion.
They received 4650 shares with a dividend of .00211533 or a little under 9.836 btc in dividends for this week. That is about a 10% cut compared to last week that they received back on their remaining 342 btc loan. At the current share price those are worth 180-190 btc, so they must believe they can continue to turn out a profit over time, otherwise they would lose quite a bit on this conversion.
to the moon.........
now, where do the ghash io boys hang out so we can spam them and tell them what a good deal is going on over at havelock.
also, perhaps we should ask cryptx about developing a trading platform a little better than havelock?
now, where do the ghash io boys hang out so we can spam them and tell them what a good deal is going on over at havelock.
also, perhaps we should ask cryptx about developing a trading platform a little better than havelock?
when is starting the daily dividends payment? tomorrow?
How are going to be sold the 4650 new shares? IPO?
They have already been converted and reflected in the units outstanding.
I see, thanks.
Units Outstanding 82142
How are going to be sold the 4650 new shares? IPO?
They have already been converted and reflected in the units outstanding.
The results are in:
Quote
These are the results of the survey: 68% of all unit holders have cast their vote with regard to the outlined strategy change of PetaMine:
- Yes votes: 98%
- No votes: 2%
Based on these results we will go forward with the execution of the following points:
- Convert the outstanding loan of 342,9 BTC to 4650 PetaMine units
- Change the dividend payout to 100%
- Reverse split of 14 for 1 unit.
- Payment of dividend each day
Trading will temporarily be halted later today and all open orders will be cancelled. After trading stop, each unit will be converted to 14 units and trading will resume shortly thereafter.
Details about this week’s dividend payout:
243.53169702 BTC in total from mining and converted NMC’s
- 173.75750347 BTC as dividend (0.00211533 BTC/share)
- 69.77419355 BTC as hosting fee
PETA is at 0.0382 right now so I'm guessing the new shares should be in the 0.0028 range.- Yes votes: 98%
- No votes: 2%
Based on these results we will go forward with the execution of the following points:
- Convert the outstanding loan of 342,9 BTC to 4650 PetaMine units
- Change the dividend payout to 100%
- Reverse split of 14 for 1 unit.
- Payment of dividend each day
Trading will temporarily be halted later today and all open orders will be cancelled. After trading stop, each unit will be converted to 14 units and trading will resume shortly thereafter.
Details about this week’s dividend payout:
243.53169702 BTC in total from mining and converted NMC’s
- 173.75750347 BTC as dividend (0.00211533 BTC/share)
- 69.77419355 BTC as hosting fee
How are going to be sold the 4650 new shares? IPO?
The results are in:
Quote
These are the results of the survey: 68% of all unit holders have cast their vote with regard to the outlined strategy change of PetaMine:
- Yes votes: 98%
- No votes: 2%
Based on these results we will go forward with the execution of the following points:
- Convert the outstanding loan of 342,9 BTC to 4650 PetaMine units
- Change the dividend payout to 100%
- Reverse split of 14 for 1 unit.
- Payment of dividend each day
Trading will temporarily be halted later today and all open orders will be cancelled. After trading stop, each unit will be converted to 14 units and trading will resume shortly thereafter.
Details about this week’s dividend payout:
243.53169702 BTC in total from mining and converted NMC’s
- 173.75750347 BTC as dividend (0.00211533 BTC/share)
- 69.77419355 BTC as hosting fee
PETA is at 0.0382 right now so I'm guessing the new shares should be in the 0.0028 range. - Yes votes: 98%
- No votes: 2%
Based on these results we will go forward with the execution of the following points:
- Convert the outstanding loan of 342,9 BTC to 4650 PetaMine units
- Change the dividend payout to 100%
- Reverse split of 14 for 1 unit.
- Payment of dividend each day
Trading will temporarily be halted later today and all open orders will be cancelled. After trading stop, each unit will be converted to 14 units and trading will resume shortly thereafter.
Details about this week’s dividend payout:
243.53169702 BTC in total from mining and converted NMC’s
- 173.75750347 BTC as dividend (0.00211533 BTC/share)
- 69.77419355 BTC as hosting fee
i have bought my first PETA units on Wednesday - do I get any, none or parts dividends for my partly period?
Ouch, you walked in with both feet. Be prepared to lose some BTC.
*on another note, lmao @ havelock. Pretty much like clockwork they crash at some point after cryptx pays out it's dividends. Obviously wasn't designed with alot of scalability in mind!
why the last posts have been deleted???
i have bought my first PETA units on Wednesday - do I get any, none or parts dividends for my partly period?
Ouch, you walked in with both feet. Be prepared to lose some BTC.
i have bought my first PETA units on Wednesday - do I get any, none or parts dividends for my partly period?
Even if you purchase any share(s) the second before cryptx pays out dividends you will receive the entire dividend for the previous time period. Not sure if the fellas prediction above regarding this week's dividend is accurate or not, but whatever it turns out to be, yes you should receive full payment for your shares if you hold them till 'payday'.Really accurate:
This the case for anybody else?
We haven't get the payment yet. Waiting for the divs and the x14 shares.
Jump to: