[HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX - page 39.

cryptx

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Activity: 350

Merit: 250

Quote from: mikemikemike on May 06, 2014, 06:32:09 AM

Quote from: cryptx on May 06, 2014, 06:30:05 AM

Quote from: mikemikemike on May 06, 2014, 06:18:49 AM

CryptX, what is the wattage of these units?

Also, have you considered using an auto switching mining pool? There are coins sometimes magnitudes more profitable than doge and litecoin. Have you considered mining these aswell?

We are going to use a multipool, so we do not limit the mining to LTC or DOGE.

This is excellent news.

Are your projections based on the profitability of doge and litecoin, or a multipool average?

Thanks.

The forecast is limited to the largest Altcoin Litecoin.

mikemikemike

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Activity: 224

Merit: 100

Quote from: cryptx on May 06, 2014, 06:30:05 AM

Quote from: mikemikemike on May 06, 2014, 06:18:49 AM

CryptX, what is the wattage of these units?

Also, have you considered using an auto switching mining pool? There are coins sometimes magnitudes more profitable than doge and litecoin. Have you considered mining these aswell?

We are going to use a multipool, so we do not limit the mining to LTC or DOGE.

This is excellent news.

Are your projections based on the profitability of doge and litecoin, or a multipool average?

Thanks.

cryptx

sr. member

Activity: 350

Merit: 250

Quote from: mikemikemike on May 06, 2014, 06:18:49 AM

CryptX, what is the wattage of these units?

Also, have you considered using an auto switching mining pool? There are coins sometimes magnitudes more profitable than doge and litecoin. Have you considered mining these aswell?

We are going to use a multipool, so we do not limit the mining to LTC or DOGE.

mikemikemike

copper member

Activity: 224

Merit: 100

CryptX, what is the wattage of these units?

Also, have you considered using an auto switching mining pool? There are coins sometimes magnitudes more profitable than doge and litecoin. Have you considered mining these aswell?

cryptx

sr. member

Activity: 350

Merit: 250

Quote from: jonsi on May 06, 2014, 05:28:48 AM

Quote from: cryptx on May 06, 2014, 05:17:45 AM

Quote from: jonsi on May 06, 2014, 04:39:33 AM

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)
You will have a few months at most mining with profit , accounting the flood of scrypt asics.
Some examples:
- 125 usd/MH - The War Machine GawMiners
- 33.31 usd/MH - Titan KnC

Two things:

* You are buying shares of a managed project, not plain hardware
* You are comparing with pre-orders

Well, this is a preorder also... and looking at the estimated time of deploiment for the Peta and the actual time... you know what i mean.

PETA-MINE was launched August 2013 with a deployment goal of end December 2013. We deployed the first hardware at the start of October 2013 and paid +30% dividend to our shareholders even before the actual start date. Currently ~42% in dividends is paid and our weekly dividend is still rising, while shareprice is 50% above IPO. Furthermore we increased the contracted 1 GH/s per share to 8.68 GH/s per share (currently 6 GH/s per share deployed).

This is not a pre-order project, the miners for the SCRYPT-X project are already produced and will be deployed as soon as the correct number is known.

jonsi

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Activity: 1397

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Quote from: cryptx on May 06, 2014, 05:17:45 AM

Quote from: jonsi on May 06, 2014, 04:39:33 AM

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)
You will have a few months at most mining with profit , accounting the flood of scrypt asics.
Some examples:
- 125 usd/MH - The War Machine GawMiners
- 33.31 usd/MH - Titan KnC

Two things:

* You are buying shares of a managed project, not plain hardware
* You are comparing with pre-orders

Well, this is a preorder also... and looking at the estimated time of deploiment for the Peta and the actual time... you know what i mean.

cryptx

sr. member

Activity: 350

Merit: 250

Quote from: jonsi on May 06, 2014, 04:39:33 AM

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)
You will have a few months at most mining with profit , accounting the flood of scrypt asics.
Some examples:
- 125 usd/MH - The War Machine GawMiners
- 33.31 usd/MH - Titan KnC

Two things:

* You are buying shares of a managed project, not plain hardware
* You are comparing with pre-orders

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: jonsi on May 06, 2014, 04:39:33 AM

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)
You will have a few months at most mining with profit , accounting the flood of scrypt asics.
Some examples:
- 125 usd/MH - The War Machine GawMiners
- 33.31 usd/MH - Titan KnC

so it appears as though they are not competitive with what will be available in three weeks and totally uncompetitive when the KNC & Mining Asics begin to arrive in late July / early august...

correct?

jjj0923

sr. member

Activity: 266

Merit: 250

is say up top this "is a hosted mining project" - so I assume these machine will not be for sale?

jonsi

legendary

Activity: 1397

Merit: 1019

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)
You will have a few months at most mining with profit , accounting the flood of scrypt asics.
Some examples:
- 125 usd/MH - The War Machine GawMiners
- 33.31 usd/MH - Titan KnC

jimmothy

hero member

Activity: 770

Merit: 509

Ignoring the extremely optimistic difficulty growth estimations and the fact that it is probably impossible for you to get 10GH online by may 15th, how exactly did you get 7632 btc for dividends? That would be more than 100btc average per week.

cryptx

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Activity: 350

Merit: 250

Quote from: freedomno1 on May 06, 2014, 03:49:08 AM

Quote from: cryptx on May 06, 2014, 03:45:55 AM

Quote from: freedomno1 on May 06, 2014, 03:37:30 AM

When I try to click the dropbox link I get this message
Disabled link
Access to this link has been disabled. Please ask the owner of the shared link to send a new link to access the file or the folder.

Still working on reports though

On google docs:

https://docs.google.com/file/d/0BzI5bgsiFJAiZVRaMXowZFFlQVk/edit

Ah thanks can you edit the link on the havelock page as well since that also still links to dropbox

Done!

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: cryptx on May 06, 2014, 03:45:55 AM

Quote from: freedomno1 on May 06, 2014, 03:37:30 AM

When I try to click the dropbox link I get this message
Disabled link
Access to this link has been disabled. Please ask the owner of the shared link to send a new link to access the file or the folder.

Still working on reports though

On google docs:

https://docs.google.com/file/d/0BzI5bgsiFJAiZVRaMXowZFFlQVk/edit

Ah thanks can you edit the link on the havelock page as well since that also still links to dropbox

cryptx

sr. member

Activity: 350

Merit: 250

Quote from: freedomno1 on May 06, 2014, 03:37:30 AM

When I try to click the dropbox link I get this message
Disabled link
Access to this link has been disabled. Please ask the owner of the shared link to send a new link to access the file or the folder.

Still working on reports though

On google docs:

https://docs.google.com/file/d/0BzI5bgsiFJAiZVRaMXowZFFlQVk/edit

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

When I try to click the dropbox link I get this message
Disabled link
Access to this link has been disabled. Please ask the owner of the shared link to send a new link to access the file or the folder.

Still working on reports though

SamboNZ

sr. member

Activity: 1064

Merit: 253

Quote from: MPalokaj on May 06, 2014, 01:24:21 AM

Because this is not a mining bond but a long term project probably.

Not sure what you mean there.

MPalokaj

newbie

Activity: 38

Merit: 0

Quote from: SamboNZ on May 05, 2014, 08:34:57 PM

@CryptX, by my calculations the retail cost of an 86MH A2 miner from Innosilicon is around US$0.12 per KH of mining power for purchases of 10 or more units (admittedly without freight). However, the Scrypt-X share pricing above works out to a price per KH of ~US$0.16 (at US$420/BTC), or a 33% premium. What is the reasoning behind this difference in price?

Because this is not a mining bond but a long term project probably.

@Havelock, the times are confusing (timezones, there are 2 est's). Please confirm the ipo starts in 32 hours and 36 minutes from the time of writing?

SamboNZ

sr. member

Activity: 1064

Merit: 253

@CryptX, by my calculations the retail cost of an 86MH A2 miner from Innosilicon is around US$0.12 per KH of mining power for purchases of 10 or more units (admittedly without freight). However, the Scrypt-X share pricing above works out to a price per KH of ~US$0.16 (at US$420/BTC), or a 33% premium. What is the reasoning behind this difference in price?

havelock

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Activity: 328

Merit: 250

Quote from: ?? on ??

Prospectus file is damaged.

You are right. We are working to fix the issue.

You can view/download the prospectus at:

https://www.dropbox.com/s/o7wz3b81tfuq1ph/PROSPECTUS%20SCRYPT%20v1.pdf

Thank you,

Havelock Investments Team

armin22

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Activity: 252

Merit: 250

is this related to cryptx.io exchange?

Topic: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX - page 39. (Read 64173 times)