So... who knows something we don't? Lots of buying just now...
You know the same thing, do calculations 
What made price jump from 0.02 to 0.04 , WTF is this ?
All the weak hands are gone...
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 47. (Read 565829 times)
What made price jump from 0.02 to 0.04 , WTF is this ?
All the weak hands are gone...
So... who knows something we don't? Lots of buying just now...
You know the same thing, do calculations What made price jump from 0.02 to 0.04 , WTF is this ?
So... who knows something we don't? Lots of buying just now...
It actually might not be a bad buy. It's getting close to the calculations we made
0.02 is a good price for 15Gh (25% avg diff), it can make a break even before September and profit after that.
It actually might not be a bad buy. It's getting close to the calculations we made
0.02 is a good price for 15Gh (25% avg diff), it can make a break even before September and profit after that.
http://www.reddit.com/r/Bitcoin/comments/29c590/bitfury_changes_for_p2pool/
Bitfury changes for mining on P2Pool.
1) Edit your /opt/bitfury/chainminer/jobconnect.cpp file, change line 16 to match your prefered P2Pool URL.
To set login and password, follow punins advice:
2) At your shell prompt, type the following command
echo -n username:password | base64
3) Now copy and paste the string and replace the one after "Basic". (line 16)
4) Save the file and just write: 'make'
(you have to cd into /opt/bitfury/chainminer)
5) Do not forget to backup jobconnect.cpp
Restart your miner after making changes, remember that the proxy is ignored, so the web-interface pool settings can not be used.
Bitfury changes for mining on P2Pool.
1) Edit your /opt/bitfury/chainminer/jobconnect.cpp file, change line 16 to match your prefered P2Pool URL.
To set login and password, follow punins advice:
2) At your shell prompt, type the following command
echo -n username:password | base64
3) Now copy and paste the string and replace the one after "Basic". (line 16)
4) Save the file and just write: 'make'
(you have to cd into /opt/bitfury/chainminer)
5) Do not forget to backup jobconnect.cpp
Restart your miner after making changes, remember that the proxy is ignored, so the web-interface pool settings can not be used.
im pretty sure the drop is coming from people who are aware of the imminent BTC valuation boom, its happening consistently across all stocks on havelock.
i would not touch PETA until its at 0.001BTC/share, that puts 15GH at 10$, consistent with cost of GH in august, 1.5TH for 1000$
yes bitcoin is going to 10000$ if not more depending how the population of earth reacts this time around. (to the media boom that comes with value boom)
i would not touch PETA until its at 0.001BTC/share, that puts 15GH at 10$, consistent with cost of GH in august, 1.5TH for 1000$
yes bitcoin is going to 10000$ if not more depending how the population of earth reacts this time around. (to the media boom that comes with value boom)
Perhaps its probally also partially related to how much they owe still in BTC
With the difficulty steadfastly rising the debt portion that needs to be paid off is still larger when the amount of BTC generated by the investment is decreasing.
Simply put not much for reinvestment yet.
I've got a question. When ScryptX was announced, wasn't part of the excitement the statement that hosting costs for PETA were going to be reduced by 44% or something like that since they would be sharing the hosting burden? Did that ever actually happen, because I see only a couple BTCs being taken per week for ScyptX hosting and the Peta hosting fees hasn't really changed all that much. My memory/understanding of the situation could serve me wrong or maybe there was a big drop in hosting costs for PETA, but I figured I would ask.
It was a 50% reduction. Initially cryptx was charging a whopping 0.50/kw/h if you can freaking believe that!! Now the 0.50/kw/h is essentially split across the two assets. This way your only getting screwed half as hard essentially...unless you also decide to invest in the scrypt fund that is :p
im pretty sure the drop is coming from people who are aware of the imminent BTC valuation boom, its happening consistently across all stocks on havelock.
i would not touch PETA until its at 0.001BTC/share, that puts 15GH at 10$, consistent with cost of GH in august, 1.5TH for 1000$
yes bitcoin is going to 10000$ if not more depending how the population of earth reacts this time around. (to the media boom that comes with value boom)
i would not touch PETA until its at 0.001BTC/share, that puts 15GH at 10$, consistent with cost of GH in august, 1.5TH for 1000$
yes bitcoin is going to 10000$ if not more depending how the population of earth reacts this time around. (to the media boom that comes with value boom)
I've got a question. When ScryptX was announced, wasn't part of the excitement the statement that hosting costs for PETA were going to be reduced by 44% or something like that since they would be sharing the hosting burden? Did that ever actually happen, because I see only a couple BTCs being taken per week for ScyptX hosting and the Peta hosting fees hasn't really changed all that much. My memory/understanding of the situation could serve me wrong or maybe there was a big drop in hosting costs for PETA, but I figured I would ask.
It actually might not be a bad buy. It's getting close to the calculations we made
Calculations that assumed 7%/week growth and 100% reinvestment ROI, neither of which seem very likely. There is a price at which this is worth buying, but it aint very high.
My calculations above didn't include any reinvestment. I'm thinking it would have been better if cryptx were actually shareholders so they actually cared about the price. Just like Facebook and others are majority holders and really so care a lot about the price. With the current situation they don't care even if it goes to 0 because they still get their hosting fee.
But they have now burnt bridges with all their shareholders. Who is gonna invest with them in the future? I emailed them about reducing hosting fee and no response
Quote
Dear unit holders.
These are the results of the survey. 68% of all unit holders have cast their vote:
Yes, PetaMine should switch over to P2Pool – 96%
No, PetaMine should stay with ghash.io – 3%
No, Petamine should switch to another pool like Eligius or BTCGuild – 1%
The result is clear that a big majority of unit holders prefer a switch to p2pool. As we were performing additional tests the past week, we have to inform you that unfortunately the Bitfury systems are not compatible with p2pool. We are currently working on a solution for this and we will switch to p2pool as soon as we are able to fix this problem.
These are the results of the survey. 68% of all unit holders have cast their vote:
Yes, PetaMine should switch over to P2Pool – 96%
No, PetaMine should stay with ghash.io – 3%
No, Petamine should switch to another pool like Eligius or BTCGuild – 1%
The result is clear that a big majority of unit holders prefer a switch to p2pool. As we were performing additional tests the past week, we have to inform you that unfortunately the Bitfury systems are not compatible with p2pool. We are currently working on a solution for this and we will switch to p2pool as soon as we are able to fix this problem.
It actually might not be a bad buy. It's getting close to the calculations we made
Calculations that assumed 7%/week growth and 100% reinvestment ROI, neither of which seem very likely. There is a price at which this is worth buying, but it aint very high.
My calculations above didn't include any reinvestment. I'm thinking it would have been better if cryptx were actually shareholders so they actually cared about the price. Just like Facebook and others are majority holders and really so care a lot about the price. With the current situation they don't care even if it goes to 0 because they still get their hosting fee.
But they have now burnt bridges with all their shareholders. Who is gonna invest with them in the future? I emailed them about reducing hosting fee and no response
It actually might not be a bad buy. It's getting close to the calculations we made
Calculations that assumed 7%/week growth and 100% reinvestment ROI, neither of which seem very likely. There is a price at which this is worth buying, but it aint very high.
It actually might not be a bad buy. It's getting close to the calculations we made
Nothing to worry about. Only improves the yearly yield. It's at a record high--351.76%!!
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
Thats long gone. Some support now only at ฿0.004. Thats a cool 96% drop from the last IPO 5 weeks ago. Like I said, Ive seen lots of braindead investments, but Peta takes the cake.
How's the long term looking Dhenson?
Kenneth Slaughter would like to have a word with you sir. Don't step on his brain dead turf!
It's at a record high--351.76%!!
WOW, peta mine is becoming more profitable by the minute
well depending on how you look at it.I'm wondering when cryptx is going to announce when they pull the plug, but all they seem to care about is wether or not they are going to p2pool or not, (mumbles something about priorities)
Nothing to worry about. Only improves the yearly yield. It's at a record high--351.76%!!
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
Thats long gone. Some support now only at ฿0.004. Thats a cool 96% drop from the last IPO 5 weeks ago. Like I said, Ive seen lots of braindead investments, but Peta takes the cake.
How's the long term looking Dhenson?
Nothing to worry about. Only improves the yearly yield. It's at a record high--351.76%!!
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
*BTW, that sell ate most of the way through the last support:
863/2366 ฿0.02112346 ฿18.2295
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