Code:
2014-11-05 2014-11-05 0.00000010
Its not even one dozen ROFL.
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 5. (Read 565630 times)
November 05, 2014, 11:36:10 AM
Ok, I stand partially corrected. Divs are not "a few dozen satoshi" as I predicted
Its not even one dozen ROFL.
Its not even one dozen ROFL.
November 05, 2014, 11:31:09 AM
Hey good to see you have something to laugh about!
Here is the cruel truth though: if you quote the entire context, you will see that
1) The lowering of fees was also predicted by me long before the fact or before your out of context quote:
2) You are far worse off because of it.
Keep laughing and collecting those dividends though. You must have made a killer profit on this.
Here is the cruel truth though: if you quote the entire context, you will see that
1) The lowering of fees was also predicted by me long before the fact or before your out of context quote:
And yes, within a month or two, he will drop those fees; otherwise dividends would end up being negative, prompting a sale of his farm and ending his hosting fee revenue. So most likely you will see him come up with some excuse as to why he can suddenly reduce the fees and keep paying a few dozen satoshi's in divs until there is barely any resale value in the hardware. So after losing their shirt, pants and socks, 'unit' holders lose their underwear too.
I strongly suspect cryptx has no interest to liquidate his mine already, he'll probably lower his fees to some point marginally below mining revenue and drag this out for as long as he can.
2) You are far worse off because of it.
Keep laughing and collecting those dividends though. You must have made a killer profit on this.
November 05, 2014, 11:07:26 AM
Seems even Crino has given up 
Here, let me help:
A day or two before the next 10% difficulty jump hits home.
"keep calm & collect dividends!"
Here, let me help:
Code:
2014-11-04 2014-11-04 0.00000043
A day or two before the next 10% difficulty jump hits home.
"keep calm & collect dividends!"
I'm here Puppy, collecting dividends and remembering your most famous sentence:
"Quote from: Puppet on September 22, 2014, 03:15:16 PM
in two weeks it will hit zero forever."
ROFL
November 05, 2014, 05:36:44 AM
You are assuming he can dump the hardware. Im assuming he can't, otherwise he already would have. Remember, he sold much (all?) of his bitmine and cointerra gear that used to be hosted in his datacenter in Brussels. In july he announced a deal with bitfury who is hosting his mine now in the republic of Georgia. Did he buy the machines, or is he leasing them? And what sort of contract did he sign for the hosting? Considering the datacenter was basically built for cryptx and digitalbtc, its highly unlikely he can just cancel the contract after a few months. So even if he owns the hardware, he is almost certainly stuck there until next July. And therefore, so are petamine bagholders.
November 04, 2014, 09:58:29 PM
will peta get tko'd in 2 diff changes? i never seen a mine die b4. this will be interesting, i will be tuning in. for the investors sake hope the guy magically lowers maintance fee.
Oh he more than likely will. He still has a bit of admin/hosting 'padding' (obviously I'm speculating here). Although, unless some fresh mathematically challenged investors come into the picture it may ultimately be more trouble than it's worth. We all know just how lazy/incompetent CryptX has turned out to be. I suppose the alternate reality is where he basically dumps all of the existing hardware (again at below market rates) and sails off to concentrate full time on the Scrypt-X side of his long-con. November 04, 2014, 07:11:25 PM
Seems even Crino has given up
Here, let me help:
A day or two before the next 10% difficulty jump hits home.
"keep calm & collect dividends!"
Here, let me help:
Code:
2014-11-04 2014-11-04 0.00000043
A day or two before the next 10% difficulty jump hits home.
"keep calm & collect dividends!"
November 04, 2014, 01:47:32 PM
peta will most likely be taken over by hosting fee soon
Math fail. in theory it should still be ~200 satoshi after tomorrow. BUt then in theory average should be >300 today, and it isnt.
Not that anyone cares anymore, peta shareholders all seem to have long written off their investment as a total loss, they have vanished or they killed themselves.
Don't worry, I got another e-mail about a new mining IPO on Havelock the other day. I'm sure this one will work out!
November 04, 2014, 03:15:57 AM
peta will most likely be taken over by hosting fee soon
Math fail. in theory it should still be ~200 satoshi after tomorrow. BUt then in theory average should be >300 today, and it isnt.
Not that anyone cares anymore, peta shareholders all seem to have long written off their investment as a total loss, they have vanished or they killed themselves.
November 03, 2014, 10:07:18 PM
My average is like 45000 from re-investing the dividends so I´m good thank you. 
Take a look at pbmining... You could sell at peta and invest at pb, you might have a better return. Well in the its your choice.Out of curiosity how does this compare to AMHash
Haven't really been keeping track of these type of assets since they tend to get well pwned by difficulty
AM - maintenance fee is 0.00163 per GH per day or $0.0489 per GH per month
obviously the price is reflected with peta being .0004 and am being .00125
peta will most likely be taken over by hosting fee soon
November 03, 2014, 08:08:58 PM
will peta get tko'd in 2 diff changes? i never seen a mine die b4. this will be interesting, i will be tuning in. for the investors sake hope the guy magically lowers maintance fee.
legendary
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November 03, 2014, 02:20:06 PM
My average is like 45000 from re-investing the dividends so I´m good thank you.
Take a look at pbmining... You could sell at peta and invest at pb, you might have a better return. Well in the its your choice.Out of curiosity how does this compare to AMHash
Haven't really been keeping track of these type of assets since they tend to get well pwned by difficulty
November 03, 2014, 01:40:22 PM
My average is like 45000 from re-investing the dividends so I´m good thank you.
Take a look at pbmining... You could sell at peta and invest at pb, you might have a better return. Well in the its your choice. My average is like 45000 from re-investing the dividends so I´m good thank you.
Not meaning to rain on your parade or anything. Great job on that much in dividends. Enjoy them while they last. Hey, maybe difficulty will start dropping soon and you'll really make out like a bandit! 
My average is like 45000 from re-investing the dividends so I´m good thank you.
Not meaning to rain on your parade or anything. Great job on that much in dividends. Enjoy them while they last. Hey, maybe difficulty will start dropping soon and you'll really make out like a bandit! Havelock is "based" in Panama
ScamX is based in Belgium (I should pay them a visit!)
ScamX is based in Belgium (I should pay them a visit!)
Do they do business in the US market?
BTW, regarding "(I should pay them a visit!)". Not much to see there, seems like all the hardware is in the republic of Georgia in a bitfury datacenter. But maybe Bert can show you an electric bicycle.
For as long as it takes anyway. Or does anyone really believe Havelock and Cryptx didnt receive this letter:
http://cointelegraph.com/news/112811/us-regulators-one-two-punch-sec-probes-crowdsales-fincen-takes-aim-at-exchanges
Havelock is "based" in Panama
ScamX is based in Belgium (I should pay them a visit!)
I doubt SEC could subponea them... or maybe send them american drones to free them ?
10 satoshi, new record!
BTW, hilarious, Cryptx collects 10.7 BTC in fees and pays out 0.12 BTC. IOW, he is pocketing ~99% of the gross mining revenue. As someone else would say
"keep calm & collect dividends!"
ROFL.
For as long as it takes anyway. Or does anyone really believe Havelock and Cryptx didnt receive this letter:
http://cointelegraph.com/news/112811/us-regulators-one-two-punch-sec-probes-crowdsales-fincen-takes-aim-at-exchanges
Code:
2014-10-28 2014-10-28 0.00000010
2014-10-27 2014-10-27 0.00000195
2014-10-26 2014-10-26 big fat zero
2014-10-25 2014-10-25 0.00000256
2014-10-24 2014-10-24 0.00000522
BTW, hilarious, Cryptx collects 10.7 BTC in fees and pays out 0.12 BTC. IOW, he is pocketing ~99% of the gross mining revenue. As someone else would say
"keep calm & collect dividends!"
ROFL.
For as long as it takes anyway. Or does anyone really believe Havelock and Cryptx didnt receive this letter:
http://cointelegraph.com/news/112811/us-regulators-one-two-punch-sec-probes-crowdsales-fincen-takes-aim-at-exchanges
My average is like 45000 from re-investing the dividends so I´m good thank you.
Pretty good co. Have about 700 units currently.
Don´t pay it much attention, log in occasionally
to re-invest the dividends.
re-invest them in what? By the time you factor in withdrawal fee's from havelockinvestments, unless your sitting on a few thousand shares good luck trying to pick up anything bigger than a cup of coffee.Don´t pay it much attention, log in occasionally
to re-invest the dividends.
Petamine and ScryptX have been one helluva effective 'long-con'....the day both of these puppies completely die off is a day I do a little jig.
Pretty good co. Have about 700 units currently.
Don´t pay it much attention, log in occasionally
to re-invest the dividends.
Don´t pay it much attention, log in occasionally
to re-invest the dividends.
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