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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 98. (Read 565833 times)

full member
Activity: 174
Merit: 102
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
50%reinvestment the rest divs minus hosting, which will be lower now that BTC price has jumped up

my div guess .0021

I haven't run the numbers to verify that div estimate

BUT

I can confirm hosting cost will be significantly lower this time due to fiat/btc spike.
hero member
Activity: 574
Merit: 500
]

No worries dude, best of luck to you too.

On a side note, now the reinvestment percentage has changed, which is all I ever wanted, I must say I think you guys will get a good ROI now. Your going to get a record yield this Friday, with the new reinvestment percentage I actually believe the IPO price was justified. I must say when it was trading yesterday @ 0.072 I was extremely tempted to buy in, but alas, after everything, I won't be, especially as I've now gone back to propper daytrading. I wish you all the best of luck and I hope you understand I stirred up all that shit because I thought the reinvestment percentage was completely unfair for investors, now it has been rectified, this is again the best investment on havelock.

I wish you all the best of luck. Anything below 0.08 is a ridiculous buy and you'll realise why on Friday.

Peaceeeeee

can you explain this a bit more? What has the reinvestment percentage been changed to? Why is this a good thing?
50%reinvestment the rest divs minus hosting, which will be lower now that BTC price has jumped up

my div guess .0021
newbie
Activity: 23
Merit: 0
]

No worries dude, best of luck to you too.

On a side note, now the reinvestment percentage has changed, which is all I ever wanted, I must say I think you guys will get a good ROI now. Your going to get a record yield this Friday, with the new reinvestment percentage I actually believe the IPO price was justified. I must say when it was trading yesterday @ 0.072 I was extremely tempted to buy in, but alas, after everything, I won't be, especially as I've now gone back to propper daytrading. I wish you all the best of luck and I hope you understand I stirred up all that shit because I thought the reinvestment percentage was completely unfair for investors, now it has been rectified, this is again the best investment on havelock.

I wish you all the best of luck. Anything below 0.08 is a ridiculous buy and you'll realise why on Friday.

Peaceeeeee

can you explain this a bit more? What has the reinvestment percentage been changed to? Why is this a good thing?
copper member
Activity: 224
Merit: 100
Lol. Check my more recent posts. You know as well as I do I sold my shares in AM a week ago for a twenty percent profit. Using false information to forward your own agenda just shows how weak your argument is.

And FYI, I brought DRK @ 0.014 and sold at 0.043, then got into XC @ 0.003 and rode the wave up to 0.0045. So yeah, nursing a huge hangover today and will do to again tomorrow, But not for the reasons you expect.

Enjoy.

I didn't actually read the post where you said you sold genuinely. I only remember reading where you were excitable about raising capital to buy in, so apologies there. . 20% profit if you got in when you wrote you were seems pretty impressive.. not even sure there was room for it but you done good if so.
I think I only managed to squeeze out around 7% in the last week  there.  Undecided

Glad to see though that your recent excursions on securities market haven't resulted in seeking emergency accommodation,
and your xc and drk trades paid off nicely having you on the champagne instead, I can only afford a few stellas tonight because no dividends here.
 best of luck in any future bitcoin adventures.



No worries dude, best of luck to you too.

On a side note, now the reinvestment percentage has changed, which is all I ever wanted, I must say I think you guys will get a good ROI now. Your going to get a record yield this Friday, with the new reinvestment percentage I actually believe the IPO price was justified. I must say when it was trading yesterday @ 0.072 I was extremely tempted to buy in, but alas, after everything, I won't be, especially as I've now gone back to propper daytrading. I wish you all the best of luck and I hope you understand I stirred up all that shit because I thought the reinvestment percentage was completely unfair for investors, now it has been rectified, this is again the best investment on havelock.

I wish you all the best of luck. Anything below 0.08 is a ridiculous buy and you'll realise why on Friday.

Peaceeeeee
hero member
Activity: 574
Merit: 500
15 GH/s equates to 0.022 BTC/month at current difficulty, assuming 50% reinvestment is more than enough to keep up with difficulty (and hence maintain share price), and hosting fees are not too significant (especially with BTC rising), a yield of 0.01 BTC per month on an investment of 0.07 BTC (current share price) seems damned attractive to me.
legendary
Activity: 1610
Merit: 1000
Well hello there!
I suppose the problem is ghash.io pool problems (maybe DDOS??).

CryptX, are there backup pools used in PETAMINE config?

I know there where more problems at ghash.io today.  Both us1 and uk1 servers where down for a time again. My little guys are able to hash at their nl1.ghash.io proxy just fine though.  Bit surprised it's not listed as a tertiary pool for petamine though :/
newbie
Activity: 23
Merit: 0
Why would large shareholders support this anyway?
member
Activity: 116
Merit: 10
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."

How and when will this proposal be voted on by shareholders? In the original contract it is stated:

"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes"
"The percentage of the net revenue paid in dividends can change if shareholders vote to change it."
"While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."

Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?


We found out recently that 'shareholders' in the prospectus means 'shareholders with more than a 5% share', so they obviously voted for this already we just don't get to hear about it.

Hope it's ok for me to request some references for this.

Thanks.

Errr read further back in the thread, sorry it's late and I need to sleep rather than trawl the thread for where havelock posted
member
Activity: 107
Merit: 10
I suppose the problem is ghash.io pool problems (maybe DDOS??).

CryptX, are there backup pools used in PETAMINE config?
newbie
Activity: 30
Merit: 0
hashrate is down to 100... wonder what's going on.
legendary
Activity: 1064
Merit: 1001
If large shareholders who collectively own more than 50% get a 100% approval to pass a certain motion, there is no sense in putting it to public vote.

This isn't true at all. Giving the public a chance to voice their opinion on a change is a fantastic way to see how they view the current situation, which is invaluable from an organizational standpoint. Ignoring / Alienating the majority of your investors because a handful of >5%+ owners want one thing or another is just bad business practice. It doesn't necessarily matter if their votes won't end up making a difference in the end. What does matter is transparency and communication.
hero member
Activity: 714
Merit: 500
If large shareholders who collectively own more than 50% get a 100% approval to pass a certain motion, there is no sense in putting it to public vote.
newbie
Activity: 23
Merit: 0
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."

How and when will this proposal be voted on by shareholders? In the original contract it is stated:

"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes"
"The percentage of the net revenue paid in dividends can change if shareholders vote to change it."
"While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."

Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?


We found out recently that 'shareholders' in the prospectus means 'shareholders with more than a 5% share', so they obviously voted for this already we just don't get to hear about it.

Hope it's ok for me to request some references for this.

Thanks.
member
Activity: 116
Merit: 10
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."

How and when will this proposal be voted on by shareholders? In the original contract it is stated:

"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes"
"The percentage of the net revenue paid in dividends can change if shareholders vote to change it."
"While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."

Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?


We found out recently that 'shareholders' in the prospectus means 'shareholders with more than a 5% share', so they obviously voted for this already we just don't get to hear about it.
newbie
Activity: 23
Merit: 0
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."

How and when will this proposal be voted on by shareholders? In the original contract it is stated:

"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes"
"The percentage of the net revenue paid in dividends can change if shareholders vote to change it."
"While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."

Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?
sr. member
Activity: 392
Merit: 250
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear.

The whole drug thing might have had something to do with those arrests.

What did Shavers and Shrem have to do with drugs? As for Ulbricht, what drugs did he sell? He ran a website, so all he did was "transfer of information" and as our resident genius pointed out, "laws dont apply to that". They should all be home free in no time. I even wonder what Snowden could possibly be afraid off.

 i was referring to purely bitcoin-bitcoin interaction, not interfacing with the physical world.
which is what you do when investing with havelock
promises ontop of promises ontop of a database associated to their bitcoins, not yours, until you withdraw.
member
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
Anyone have an idea how long this loan will take? I mean we must be way more than half considering the shares that sold plus dividends.
hero member
Activity: 714
Merit: 500
Just compare the shareprice to cex.io valuation of GH/s.

Then keep in mind that cryptx pays even lower power costs, and you should come to a conclusion as to where to value this investment.

While financial investments and evaluations are often based on emotional "feelings" this is always the wrong aproach.

When you compare the financial data available you will come to a defendable conclusion on what the shareprice should, and will be in the midterm.
legendary
Activity: 980
Merit: 1040
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear.

The whole drug thing might have had something to do with those arrests.

What did Shavers and Shrem have to do with drugs? As for Ulbricht, what drugs did he sell? He ran a website, so all he did was "transfer of information" and as our resident genius pointed out, "laws dont apply to that". They should all be home free in no time. I even wonder what Snowden could possibly be afraid off.
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