[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 90.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: howardb on June 04, 2014, 01:11:38 PM

Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty.
Does it pay well in Club Troll?

Maybe the newbie can do basic math? Difficulty is growing at >1% per day (short term even 3%).

1%^7 = 7.2% per week.
1%^30 = ~35% per month

Your shares represent 15 GH/s each. To just keep up with difficulty, that would need to increase by >35% per month or ~5GH over the next month.
Lets use tsm13's optimistic estimate for mining revenue: 0.002393 BTC/share/week and lets even assume difficulty wouldnt go up this month. 50% reinvestment yields ~0.0005 BTC or a bit over $3.

$3/5GH =$0.6/GH. Good luck with that.

howardb

hero member

Activity: 574

Merit: 500

Quote from: Elvis Trout on June 04, 2014, 01:46:43 PM

Quote from: howardb on June 04, 2014, 01:11:38 PM

Quote from: skuser on June 04, 2014, 01:02:16 PM

I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...

Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty.
Does it pay well in Club Troll?

Well he has a point about the difficulty, is our reinvestment increasing our hashrate at 15% every 11 days?

You and your naysaying pals have made your position very clear with regard to keeping up with difficullty. But lots of people here disagree with you, and thats fine. What makes your postings suspicious is the constant repetition of the same assertions daily from the same small group of people and various newbies appearing out of the blue.

So lets just agree to disagree, and leave it that. Unless of course your paid not to leave it at that!

Elvis Trout

member

Activity: 116

Merit: 10

Quote from: howardb on June 04, 2014, 01:11:38 PM

Quote from: skuser on June 04, 2014, 01:02:16 PM

I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...

Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty.
Does it pay well in Club Troll?

Well he has a point about the difficulty, is our reinvestment increasing our hashrate at 15% every 11 days?

howardb

hero member

Activity: 574

Merit: 500

Quote from: skuser on June 04, 2014, 01:02:16 PM

I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...

Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty.
Does it pay well in Club Troll?

skuser

sr. member

Activity: 291

Merit: 250

I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...

naaktslak

full member

Activity: 219

Merit: 100

Quote from: karol on June 04, 2014, 08:35:34 AM

Quote from: howardb on June 04, 2014, 08:32:12 AM

Quote from: IPO Magic on June 03, 2014, 12:05:54 PM

Nothing to worry about. Double down.

Quote from: dhenson on June 03, 2014, 02:48:50 AM

The funny thing is that I've already received 50% of my initial btc investment back in dividends and the share price is almost 2x what I initially paid. Yeah.. real bad investment. /sarcasm

Meh.

Damn, wish i'd been around to see that, would of snapped those up!!

Generally now is time to buy cheap shares:) In my opinion everything below 0.085 is easy buy if You don't want to exit from PETA, wish I have spare funds...
We are trading at the same level as it was before IPO but now we have 3Xhashpower.

you think price will rise as dividends return on friday?

tsm13

member

Activity: 95

Merit: 10

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

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?

howardb

hero member

Activity: 574

Merit: 500

Quote from: oma5 on June 04, 2014, 10:13:00 AM

Quote from: howardb on June 04, 2014, 09:29:07 AM

We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.

Such a trade in a regulated market would certainly have caught the eye of regulators.

No it wouldn't have! Look at the recent gold and silver price smash downs! Sad

There is a difference between them noticing and having the balls to take on JPMorgan!!

kenmomotaro

member

Activity: 66

Merit: 10

Quote from: Elvis Trout on June 04, 2014, 10:40:57 AM

It's reading 1345 now on the 1hr, does look like new hardware maybe. I expect Cryptx bought 1500 anyway and were simply going to bring the rest online whenever the reinvestment fund could afford it, I guess we'll have to wait for friday for an announcement. Pretty exciting though, Glad I bought up some cheap shares while I could

I believe CryptX is crazy. Now everyone, sell all shares! Run for your life~~~

Elvis Trout

member

Activity: 116

Merit: 10

It's reading 1345 now on the 1hr, does look like new hardware maybe. I expect Cryptx bought 1500 anyway and were simply going to bring the rest online whenever the reinvestment fund could afford it, I guess we'll have to wait for friday for an announcement. Pretty exciting though, Glad I bought up some cheap shares while I could

crino

member

Activity: 82

Merit: 10

btw, we're going to reach the 1500 TH/s...

stompysteve

hero member

Activity: 574

Merit: 500

I dont think us being at 1400 is variance

I bet cryptx makes some kinda announcement saying we put hardware online sooner then it was supposed to, either that or extra hardware is put towards the mine when the avg doesnt work out to 15GH/share or something goofy

Pentax

hero member

Activity: 700

Merit: 500

Quote from: howardb on June 04, 2014, 09:29:07 AM

We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.

Such a trade in a regulated market would certainly have caught the eye of regulators.

that's possible, although we've seen flash crashes in the market proper, generally caused by HFT algos. Maybe this person was trying to manipulate. If so, it didn't work particularly well. Could've just been a screwup also.

Don't drink and trade.... Cheesy

oma5

newbie

Activity: 37

Merit: 0

Quote from: howardb on June 04, 2014, 09:29:07 AM

We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.

Such a trade in a regulated market would certainly have caught the eye of regulators.

No it wouldn't have! Look at the recent gold and silver price smash downs! Sad

howardb

hero member

Activity: 574

Merit: 500

We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.

Such a trade in a regulated market would certainly have caught the eye of regulators.

karol

full member

Activity: 150

Merit: 100

I was starting using postman for chrome and it is very easy after this information from JstnPwll.

Quote from: JstnPwll on April 29, 2014, 11:43:07 AM

You can view the documentation for it here: https://www.havelockinvestments.com/apidoc.php

To actually get data from it, you have to be able to send HTTP post requests. I used the Postman plugin for Chrome to run it.

ujka

hero member

Activity: 630

Merit: 500

Quote from: ujka on June 04, 2014, 04:17:16 AM

Quote from: millenium on June 04, 2014, 04:07:42 AM

Average Hashrate 15 min. 1330 th, new hardware online?

I see that, stats are there at 1330th for five 15 min periods, but where from new hardware?
Most likely just a variance.

Now is the 1 hour average going up, 1330th. Something new must be there hashing?

ujka

hero member

Activity: 630

Merit: 500

Thanks, karol. I will have to look into that API to be able to look up past trades.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: spartan82 on June 04, 2014, 09:04:09 AM

Lack of buy orders, I suppose everyone's into something now since its all gone cheap, scrypt, AM, right time to buy it all up and walk away for a year, two years and come back to it later.

Excellent strategy. If only you had done that ~2 years ago, bought all those "cheap" penny stocks and returned today to cash out your pirate bonds, gigaminng, GLBSE, BTCTC Bitfunder stock and whatever else was hot back then.

karol

full member

Activity: 150

Merit: 100

Quote from: ujka on June 04, 2014, 08:58:37 AM

Quote from: karol on June 04, 2014, 08:47:28 AM

Quote from: ujka on June 04, 2014, 08:37:46 AM

^
Those that snapped yesterday shares at 0.03, are now selling for >100% profit.

It was only few shares (5 at 0,0317) :

p: "0.06700000" q: "5"

p: "0.06471000" q: "1"

p: "0.06000012" q: "1"

p: "0.06000011" q: "10"

p: "0.06000000" q: "15"

p: "0.05000000" q: "5"

p: "0.04500000" q: "1"

p: "0.04340004" q: "3"

p: "0.04235497" q: "1"

p: "0.03171002" q: "1"

p: "0.03171000" q: "4"

What? 40 shares did bring the price that down. Huh

not exacly I only posted pieces below 0.067 - this buy bought around 100shares from 0.073 to this minimum. But bid was very week as not so long time before some drop bulk of shres few times that day couple of hundreds each

Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 90. (Read 565833 times)