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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 87. (Read 565833 times)

hero member
Activity: 630
Merit: 500
162.69622134 BTC for dividends, 0.00209952/share
member
Activity: 95
Merit: 10
dunno, im assuming the vote was successful to implement 50%
full member
Activity: 219
Merit: 100
Re-adjusted based on the balance of the wallet now

Here is my guess for dividends this week 0.002393. This is based on a guess and then some intricate adding, subtracting, divding, and halving Tongue

Est Mining Revenue for the week = 494 402
Est Mining Revenue minus hosting(0.25$/kw) for week = 371 313
Dividend Share(50%) - 185.5 156.5
Re-investment(50%) -  185.5 156.5
Per Share based 77492 = 0.002393 0.002023

Few things I noticed that may impact this number

- 230 BTC was moved from the investment wallet on 4th June

Based on the public auctions CryptX has held recently sold kit for

23.2 BTC - June 4th
20 BTC - may 29th

Other used kit is being sold through www.asic-hardware.com no idea on volume

CryptX, will the recoop go to paying down the loans?

dividends are 50% instead of 65%?
member
Activity: 95
Merit: 10
Re-adjusted based on the balance of the wallet now

CryptX, will the recoop go to paying down the loans or into the divedends? Also how much per unit are we paying approx out of the re-investment fund?

Here is my guess for dividends this week 0.002393. This is based on a guess and then some intricate adding, subtracting, divding, and halving Tongue

Est Mining Revenue for the week = 494 402
Est Mining Revenue minus hosting(0.25$/kw) for week = 371 313
Dividend Share(50%) - 185.5 156.5
Re-investment(50%) -  185.5 156.5
Per Share based 77492 = 0.002393 0.002023

Few things I noticed that may impact this number

- 230 BTC was moved from the investment wallet on 4th June

Based on the public auctions CryptX has held recently sold kit for

23.2 BTC - June 4th
20 BTC - may 29th
8.3 BTC - June 6th
8.1 BTC - June 6th


Other used kit is being sold through www.asic-hardware.com no idea on volume

CryptX, will the recoop go to paying down the loans?

full member
Activity: 219
Merit: 100
maybe another week without dividends Sad
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Must be some 'big news' if they are taking this long to update us. Hopefully it's 'good' news.
full member
Activity: 219
Merit: 100
sr. member
Activity: 392
Merit: 250
awaiting the good news
hero member
Activity: 630
Merit: 500
Today's the big day! Grin

Edit:

Also, is it safe to say we have 18gh/s with the current hash speed? I'd like to have an update by cryptx on this.
With the last daily average of 1327th it's 17.1gh. Just to stay at same with new difficulty 16.866gh is needed.
I expect there will be some update later today, with divs on havelock.
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Today's the big day! Grin

Edit:

Also, is it safe to say we have 18gh/s with the current hash speed? I'd like to have an update by cryptx on this.
hero member
Activity: 658
Merit: 500
Cryptx has got the right idea here, replacing older hardware with new hardware lower wattage and efficiency. This is a very big move in my eyes that he has every intention to ensure PETAs success. They could very well continue to utilize miners with higher wattage and reap the fees associated with electricity usage but isn't. Waiting for the news with great anticipation here Smiley
hero member
Activity: 630
Merit: 500
Those are bare chips, still on some final stages of production. They need to be built into miners. That takes time. And some of that miners can then end in peta-mine.  Wink

Don't think Cryptx would buy AM chips since that is not the best kWh/ghs choice in the market.
Bitfury still rules. Smiley
True. Petamine started on Bitfury, and after all the disappointment with Cointerra and Bitmine, returned to Bitfury.
member
Activity: 66
Merit: 10
Those are bare chips, still on some final stages of production. They need to be built into miners. That takes time. And some of that miners can then end in peta-mine.  Wink

Don't think Cryptx would buy AM chips since that is not the best kWh/ghs choice in the market.
Bitfury still rules. Smiley
member
Activity: 67
Merit: 10
I'd expect to see vote results/info in the weekly update in the next 12 hours sometime, based on their communication history.
legendary
Activity: 994
Merit: 1000
newbie
Activity: 20
Merit: 0
Any news on the vote ?
hero member
Activity: 630
Merit: 500
difficulty increase: 12.44%
petamine hashrate increase: 14%
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
IPO was 0.095 BTC per share for 15GH/s or 6.7 BTC/TH.

You are forgetting everyone was increased to 15GH/s


 Huh

Anyway, since you seem both sure of your investment, and willing to double down, I have an opportunity for you. I could ask you to borrow me some shares so I can short them, but unfortunately thats not very practical and I dont feel like registering and depending on havelock, so lets make this an escrowed bet. Ill bet you 10BTC that 6 months from now, the sum of cryptx share/bond/'unit' price plus all paid dividends will be less than the 0.0975 IPO price, or shares are no longer publicly tradeable. If you win, you will double your investment, something I dont believe even you will think possible by buying cryptx shares.

Who's game?

I was entertained by this proposal but think if you want to see who will bite it makes sense to hold a hosted bet
Using betmoose or Bitbet with your 10 BTC on the line
Simply put if you win you get all their change and if they win they get a nice return

For a ten Bit bet I'll even host it if your bored once you guys have the outcome determination settled.
hero member
Activity: 630
Merit: 500
Those are bare chips, still on some final stages of production. They need to be built into miners. That takes time. And some of that miners can then end in peta-mine.  Wink
legendary
Activity: 980
Merit: 1040
Quote
1) On the Balance Sheet, approximately how many chips does the current Inventory (Products + Materials + Masks) represent?
A little less than 60P of wafers, most of which are on their final stages of production.
https://bitcointalksearch.org/topic/m.7147330

Thats AM saying they have 60PH worth of chips nearly ready to go. Current network is ~90PH. And thats just one asic manufacturer, and it doesnt even include their larger june batch. Good luck keeping up.
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