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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 83. (Read 565833 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Just as a curiosity but how much mining power do you need now to solomine successfully without using an intermediary.
full member
Activity: 168
Merit: 100
bitcoin's failure as a decentralized service will probably make worrying about dividends paid in bitcoin seem a little silly.  if we're all truly blinded by this level of greed, i guess we deserve it.  bring on ghash coin.

If bitcoin requires it's participants to "play nice", it already failed. If large pools present a problem, the protocol needs to penalize large pools, or at the very least not make it beneficial to be in one.

sweet, so in the meantime let's prove how foolhardy we can really be
hero member
Activity: 938
Merit: 502
so how do you guys feel about contributing to a 51% attack on the bitcoin network for a streamlined interface?

+1/2 +3/4

IF the PETA fund also traded on the hashing power it holds on Ghash, then it might offer some added value over other mining opportunities.  Otherwise its just another security and should be included in a diverse basket of mining holdings.
full member
Activity: 174
Merit: 102
bitcoin's failure as a decentralized service will probably make worrying about dividends paid in bitcoin seem a little silly.  if we're all truly blinded by this level of greed, i guess we deserve it.  bring on ghash coin.

If bitcoin requires it's participants to "play nice", it already failed. If large pools present a problem, the protocol needs to penalize large pools, or at the very least not make it beneficial to be in one.
full member
Activity: 168
Merit: 100
bitcoin's failure as a decentralized service will probably make worrying about dividends paid in bitcoin seem a little silly.  if we're all truly blinded by this level of greed, i guess we deserve it.  bring on ghash coin.
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Definitely holdin my few shares.

My guess for next week's dividend: 0.00203583
hero member
Activity: 658
Merit: 500
Share price has been quite steady lately, I think the trolls are much less effective as they once used to be. People are starting to use their own brains rather than becoming sheep
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
I grow so tiresome of reading FUD and pessimistic jargon on this form. Peta imo is doing fantastic and contributing largely to our wallets and the bitcoin network. If you believe your smarter than the cryptix crew and wish to start your own milliondollar mining operation then by all means bug off and do so and stop wasting time and energy on this form. Thank you. Smiley
sr. member
Activity: 392
Merit: 250
they should use something other then ghash.io
full member
Activity: 174
Merit: 102
sounds good, let's go!
hero member
Activity: 588
Merit: 504
so how do you guys feel about contributing to a 51% attack on the bitcoin network for a streamlined interface?

nonchalant
full member
Activity: 168
Merit: 100
so how do you guys feel about contributing to a 51% attack on the bitcoin network for a streamlined interface?
sr. member
Activity: 392
Merit: 250
i cannot take the bet due to the risk of some factors, but i believe i will certainly ROI more then once over PETA lifetime

i have increased my holding from 52 to 64

i also operate a set of X13 mining rigs with a total of 34Mh/s, rather then reinvest in more rigs (which is not possible with the power limitations of where i am) i reinvest in PETA
hero member
Activity: 630
Merit: 500
Again, from projection:
shares: 66500, peta hashrate: 694,  11gh/s per share

now:
shares: 77500, peta hashrate: 1276,  16.35gh/s per share

gh/s per share is up 50%, network is up 39%.

And now I'l just listen what howardb said Wink
hero member
Activity: 574
Merit: 500
Why are you all giving the Trolls the oxygen of engaging them in conversation? They are paid and obvious so ignore them!
full member
Activity: 174
Merit: 102
And for what it's worth, he actually projected a dividend of 0.00214022 for 6/6/2014 (if you change dividend/reinvestment split to 50/50 on that day). Pretty close to the actual 0.00209952 =)
legendary
Activity: 980
Merit: 1040
From that projection:
date          network TH        peta TH      
6/6/2014        61000              353

actual, now:
6/6/2014        85000            1276



How cares about petamine total hashrate? Did you get 2x more shares because cryptx did another IPO? What matters is hashrate or dividend per share.
BTW 7 day average is 89.7 PH
https://blockchain.info/charts/hash-rate?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
hero member
Activity: 630
Merit: 500
From that projection:
date          network TH          peta TH      
6/6/2014        61000                694

actual, now:
6/6/2014        85000 (139%)    1276 (184%)

hero member
Activity: 658
Merit: 500
You make no sense to me at all but it did sound kind of cute. Run along and take your troll bike with you then lad
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