[HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX - page 5.

EdoBcn

sr. member

Activity: 241

Merit: 250

Quote from: webbrowser on October 17, 2014, 09:31:54 AM

Quote from: EdoBcn on October 17, 2014, 05:26:43 AM

Quote from: mruiter on October 17, 2014, 03:27:15 AM

we are doing nothing more then global warming.

cryptx isn'nt doing there job what im paying for and there custom build scrypt boards were a lie.
give us the reinfest fund, even putting the money on the bank gives me a better profit with these low interests.

lets call it a day, the only one making profit is cryptx in hosting fees.mand thats the easyiest thing they had/have to do. they failed missarably in beeing up2date with the technology.

That's why I voted for giving the shareholders the reinvestment fund. But apparently (as we have no way to check), the majority of shareholders voted to "wait" for the return of the messiah.

It would be nice if Havelock supported weighted shareholder polls, just like cryptostocks did.

It would be nice even just to know if there is someone with +50% of shares that takes decisions for everyone else...

webbrowser

full member

Activity: 215

Merit: 100

Quote from: EdoBcn on October 17, 2014, 05:26:43 AM

Quote from: mruiter on October 17, 2014, 03:27:15 AM

we are doing nothing more then global warming.

cryptx isn'nt doing there job what im paying for and there custom build scrypt boards were a lie.
give us the reinfest fund, even putting the money on the bank gives me a better profit with these low interests.

lets call it a day, the only one making profit is cryptx in hosting fees.mand thats the easyiest thing they had/have to do. they failed missarably in beeing up2date with the technology.

That's why I voted for giving the shareholders the reinvestment fund. But apparently (as we have no way to check), the majority of shareholders voted to "wait" for the return of the messiah.

It would be nice if Havelock supported weighted shareholder polls, just like cryptostocks did.

EdoBcn

sr. member

Activity: 241

Merit: 250

Quote from: mruiter on October 17, 2014, 03:27:15 AM

we are doing nothing more then global warming.

cryptx isn'nt doing there job what im paying for and there custom build scrypt boards were a lie.
give us the reinfest fund, even putting the money on the bank gives me a better profit with these low interests.

lets call it a day, the only one making profit is cryptx in hosting fees.mand thats the easyiest thing they had/have to do. they failed missarably in beeing up2date with the technology.

That's why I voted for giving the shareholders the reinvestment fund. But apparently (as we have no way to check), the majority of shareholders voted to "wait" for the return of the messiah.

mruiter

sr. member

Activity: 281

Merit: 250

we are doing nothing more then global warming.

cryptx isn'nt doing there job what im paying for and there custom build scrypt boards were a lie.
give us the reinfest fund, even putting the money on the bank gives me a better profit with these low interests.

lets call it a day, the only one making profit is cryptx in hosting fees.mand thats the easyiest thing they had/have to do. they failed missarably in beeing up2date with the technology.

EdoBcn

sr. member

Activity: 241

Merit: 250

Week      Mined   Hosting   Reinvestment   Dividend   Per share
1   16/05/2014   44,4068   2,2400   25,3001   16,8667   0,00057296
2   23/05/2014   44,8689   2,4505   25,4511   16,9674   0,00057638
3   30/05/2014   42,1861   2,4780   23,8249   15,8832   0,00053955
4   06/06/2014   32,3000   2,2699   18,0180   12,0120   0,00040805
5   13/06/2014   27,8835   2,5634   15,1920   10,1280   0,00034405
6   20/06/2014   30,2386   2,5115   16,6363   11,0909   0,00037675
7   27/06/2014   21,6044   2,5200   11,4506   7,6338   0,00025932
8   04/07/2014   17,1875   2,3600   8,8965   5,9310   0,00020147
9   11/07/2014   19,5600   3,2110   9,8094   6,5396   0,00022215
10   18/07/2014   17,8250   3,2110   8,7684   5,8456   0,00019857
11   25/07/2014   14,8492   3,3180   6,9187   4,6125   0,00015668
12   01/08/2014   13,4209   3,3459   6,0450   4,0300   0,00013690
13   08/08/2014   11,8800   3,3977   5,0966   3,3977   0,00011542
14   15/08/2014   10,6133   3,9422   4,0027   2,6684   0,00009065
15   22/08/2014   8,5207   3,8285   2,8153   1,8769   0,00006376
16   29/08/2014   8,8145   3,9422   2,9234   1,9489   0,00006620
17   05/09/2014   10,6607   3,9422   4,0311   2,6874   0,00009129
18   12/09/2014   9,8028   4,1475   3,3915   2,2610   0,00007681
19   19/09/2014   9,9600   4,9770   2,9898   1,9932   0,00006771
20   26/09/2014   10,4625   4,9770   3,2913   2,1942   0,00007454
21   03/10/2014   8,8145   3,6418   3,1036   2,0691   0,00007029
22   10/10/2014   8,2570   3,8579   2,6395   1,7596   0,00005977

0.00005637 today?
What are we waiting to use the reinvestment fund? Or to call it a day, take a loss and liquidate everything?

IamNotSure

hero member

Activity: 672

Merit: 500

Quote from: DebitMe on October 03, 2014, 03:17:44 PM

Quote from: EdoBcn on October 03, 2014, 02:44:29 PM

Quote from: IamNotSure on October 03, 2014, 11:51:25 AM

Quote from: DebitMe on October 03, 2014, 11:16:40 AM

Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.

Looks like they "forgot" to distribute the DOGE mined 2 weeks ago...

unfortunately without stats we have no visibility on what is being mined and anything else.
Also no news on how to invest the >100btc of the fund.

(just out of curiosity: how do you know about the forgotten doge?)

They had announced that they would start merge mining doge and ltc with the Sept 12th update, but on Sept 19th, the calculation only showed ltc converted to btc. On the 26th it showed the number of doge mined as well, but perhaps was just catching up for the previous 2 weeks, but today, since the number was roughly the same, it showed that it was in fact not lumped in the 26th news and indeed, has not been paid out.

Exactly, just logic.

Even if it only represents 0,25 BTC

DebitMe

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Quote from: EdoBcn on October 03, 2014, 02:44:29 PM

Quote from: IamNotSure on October 03, 2014, 11:51:25 AM

Quote from: DebitMe on October 03, 2014, 11:16:40 AM

Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.

Looks like they "forgot" to distribute the DOGE mined 2 weeks ago...

unfortunately without stats we have no visibility on what is being mined and anything else.
Also no news on how to invest the >100btc of the fund.

(just out of curiosity: how do you know about the forgotten doge?)

They had announced that they would start merge mining doge and ltc with the Sept 12th update, but on Sept 19th, the calculation only showed ltc converted to btc. On the 26th it showed the number of doge mined as well, but perhaps was just catching up for the previous 2 weeks, but today, since the number was roughly the same, it showed that it was in fact not lumped in the 26th news and indeed, has not been paid out.

EdoBcn

sr. member

Activity: 241

Merit: 250

Quote from: IamNotSure on October 03, 2014, 11:51:25 AM

Quote from: DebitMe on October 03, 2014, 11:16:40 AM

Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.

Looks like they "forgot" to distribute the DOGE mined 2 weeks ago...

unfortunately without stats we have no visibility on what is being mined and anything else.
Also no news on how to invest the >100btc of the fund.

(just out of curiosity: how do you know about the forgotten doge?)

IamNotSure

hero member

Activity: 672

Merit: 500

Quote from: DebitMe on October 03, 2014, 11:16:40 AM

Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.

Looks like they "forgot" to distribute the DOGE mined 2 weeks ago...

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.

EdoBcn

sr. member

Activity: 241

Merit: 250

Quote from: webbrowser on October 03, 2014, 09:24:39 AM

Quote from: EdoBcn on October 03, 2014, 06:37:29 AM

Cryptx dropped the hosting fees on Peta.

Called it back in Aug.

Quote

While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.

You can expect it to happen when or just before SCRYPT dividends hits zero. Because that may trigger the dissolution process specified in the prospectus, which is not in cryptx's favour.

thanks
I forgot about that part (I reviewed the document when all lokked still pretty promising).

anyone willing to calculete when this will happen?

webbrowser

full member

Activity: 215

Merit: 100

Quote from: EdoBcn on October 03, 2014, 06:37:29 AM

Cryptx dropped the hosting fees on Peta.

Called it back in Aug.

Quote

While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.

You can expect it to happen when or just before SCRYPT dividends hits zero. Because that may trigger the dissolution process specified in the prospectus, which is not in cryptx's favour.

EdoBcn

sr. member

Activity: 241

Merit: 250

Cryptx dropped the hosting fees on Peta.
While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.

DebitMe

legendary

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Quote from: mfajma on September 26, 2014, 01:59:45 PM

Quote from: DebitMe on September 26, 2014, 01:57:57 PM

Quote from: mfajma on September 26, 2014, 01:49:43 PM

So is this 5GH/s miner legit? Because wouldn't we be able to purchase about 50 GH/s with the current investment fund and their bulk discount?
http://rhinoceroslabs.com/index.php/solutions/scrypt-asic-miner-rl4

I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now.

Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1.

Haha I put the decimal in the wrong place. It's always the mundane details.

No problem, although I would have hoped that Cryptx would have provided some other opportunities by now for use of the reinvestment fund, its nice to see the dividend becoming slightly stagnant, but I would like to get our hashrate increased somehow. Certainly they have had time to talk with GAW, Bitmain, as well as other chip manufacturers/hosting centers, but not even an update in the weekly report.

Its also funny how the amount taken for electricity/hosting didn't change from last week. Certainly the electricity costs per bitcoin price were not the exact same, which makes me wonder, are they just doing rough calculations to get the hosting fee or what are they doing?

mfajma

newbie

Activity: 5

Merit: 0

Quote from: DebitMe on September 26, 2014, 01:57:57 PM

Quote from: mfajma on September 26, 2014, 01:49:43 PM

So is this 5GH/s miner legit? Because wouldn't we be able to purchase about 50 GH/s with the current investment fund and their bulk discount?
http://rhinoceroslabs.com/index.php/solutions/scrypt-asic-miner-rl4

I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now.

Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1.

Haha I put the decimal in the wrong place. It's always the mundane details.

DebitMe

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Merit: 1012

Get Paid Crypto To Walk or Drive

Quote from: mfajma on September 26, 2014, 01:49:43 PM

So is this 5GH/s miner legit? Because wouldn't we be able to purchase about 50 GH/s with the current investment fund and their bulk discount?
http://rhinoceroslabs.com/index.php/solutions/scrypt-asic-miner-rl4

I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now.

Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1.

mfajma

newbie

Activity: 5

Merit: 0

So is this 5GH/s miner legit? Because wouldn't we be able to purchase about 50 GH/s with the current investment fund and their bulk discount?
http://rhinoceroslabs.com/index.php/solutions/scrypt-asic-miner-rl4

IamNotSure

hero member

Activity: 672

Merit: 500

Since they don't bother replying here, what's the contact address of ScryptX ?

Actually, I live near their office, I might pay them a visit ! I even know their landlord... funny world Wink

TheSmackDown

member

Activity: 97

Merit: 10

you are right but we shud hv a one time say 50% fund div share.

IamNotSure

hero member

Activity: 672

Merit: 500

BTW, we were supposed to mine DOGE but they weren't included in the last div ?

Cryptx, will you get out of your hole and answer here please ? I know this place is full of trolls but you have to provide ansmwers to genuine questions.

About the reinvest fund, I'm still in favor of a one time DIV distribution (around 0.0036 BTC /share if I'm right)

Topic: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX - page 5. (Read 64118 times)