Don't surf porn sites and get preoccupied when you have games open. Sucks though guy prob realized you where sitting out and snap sat down at other 2 pretty grimy. Who was it Ill bet it was the same person in all 3.

yep and yep.  overhead costs have to come down. hashrate has to come up, and not at retail prices, or even volume discount numbers from manufacturers.  some of that value add, ie, technical expertise has to be brought in house.  there are a range of options for that, from designing things from ground up, to purchasing hashboards/chips/PSU's/cooling and knocking them together.

*I'm hoping he realizes that this project is likely on limited time unless he changes the status quo.  I do believe in self preservation as a pretty effective motivator.  Hell who wants a real job when you can bank it on your own.

I do wonder about his experience level in running a business.  One of the hardest things for people that run their own business, and think they know everything better than anyone else possibly could, is to ask for help or admit that maybe they're in over their heads or overwhelmed.  If the path is not crystal clear put the ego aside and get the people in that can round out the mission.

Yes the initiative was there and aspiration was there but the competence was not.  They did not go into this attempting to scam people, but now that they have failed on so many levels (transparency, prototypes, billing, partnerships) they are circling the wagons to protect themselves.  So they will do their best to try to throw together some kind of defence absolving themselves of all guilty and justify keeping the money they have taken from their customers.  So it didn't start as a scam but it became one.

Can you spot a trend since the loaned hardware came online?



Yeah, multiplying todays div by 365 makes as much sense as anyone who did it when peta mined nearly 100BTC / day.

My proof is that you have a brand new account, don't have the 25,000 transactions that you claim, and are selling BTC for under market value.

This is definitely a scam. If you're not a scam, I'll be happy to buy some BTC from you at the rate stated above ($603.03 USD) through escrow.

Would you be willing to accept escrow from one of the trusted escrow members on here? 

Wasn't joking, just thought you were SamboNZ

What you, Puppet and fonsie fail/refuse to acknowledge is that Peta has come through 2 or 3 times now for its shareholders when the circumstances changed.  Mining is a tough business for sure - preorder delays, massive increases in network hashrate, etc - but it seems to me Peta has done a good job of looking after its shareholders.  Certainly better than most operations I've been watching.  That's why I held on to some shares.

Too bad they gave up posting here, but I can't blame them for that.

Are you not the one who was defending his every move just a week ago?

care to explain, why?

For all those who favor a "proactive approach" in doing pro-bitcoin lobbying and explaining bitcoin to officials by licking their boots: Here's what you'll get!

As I said before: Negotiation can only work if both parties have equal power.

Don't waste your time to campaign for bitcoin. Now is the time to improve bitcoin technology so it can withstand the efforts of all those brainless regulation fetishists and remain fully fungible.

What is it, a stock simular to APG1 on cryptostocks ?
You have something mining now and is going to get 1 or more ASIC's bought from KnCMiner ?

It would probably be good for you if you had the description in Englich to and not only in Polish, google translate isen't that good at translating Polish.

I'll take a wild guess that googles translating means you have bought a 100 GH miner from KnC and was aiming to buy 6 more miners from KnC, 400GH versions with the help from investors ?
I think the pricing of KnC's biggest miner is 6995 $ at the moment(not 6999$) and it will be less than 5000 $ when they come to November delivery's, if the orderbook will fill up that long thou, a 5000 usd order will only be slightly better then the last few days of 6995 usd orders and hardly a good buy by then.

0,56 cent per Kwh is very high powercost if that is US cents you mean so running any mining operation in Polen if you have such rates there isen't such good ide, even an ASIC miner will get effected sooner or later by the powercosts and the one with the higest rates will get into the negative return fastest.

Switching to buying anything from BFL is almost garateed to be a bad move, that company have over a year backlog on most of there products and such scammers shoulden't be rewarded with more preorders whether they will ever deliver any new generation miners and whether that will be before or after there backlog of the old ones.
Most likely BFL dosen't have any new generation miners or at least they will not (be able to) deliver anything in correct time to buyers and will use customers devices to mine with themself and only deliver in masses to buyers when the miners is close to unprofitable to mine with for themselfs with.
Also if those cards from BFL is projected to hit the market in November/December they may very well be unprofitable (at the price they charge for them) to mine with from the first day there delivered. 

How is dividend calculated to shareholders now and how will it be calculated when you recieve your 100 GH miner you ordered and how will it be calculated if/when any other miners from KnCMiner or from other companys is bought ?