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21  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: May 08, 2014, 02:46:47 PM
What if you can't log back into bitfunder because of 2fa and password issues.  I used the same email with b itfunder as I did with c-t.  I know how many shares I have and everything except the bitfunder info.  How do I proceed.

I had the same issue, click help on the bitfunder page and use the embedded irc window. Talk to Ukyo and explain the situation. He responded to me and fixed it within 15 minutes


i can't get the irc window to work. any idea how i can verify my account, i have the same issue as above. is a signed message from your wallet good enough?
22  Economy / Securities / Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY on: May 07, 2014, 04:25:52 PM
lol someone bought the .041 ipo instead of the .0395 ipo..
23  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: April 10, 2014, 05:58:19 PM

Why would you worry about that? Don't you know how many shares you own? Your shares are already attached to the bitcoin address you had connected to bitfunder.

Shares were sent to AMC-tender, that means they are no longer attached to my bitfunder address. They were sent to an account that Ken controls, how am I supposed to prove ownership of said shares?

They were sent to AMC-TENDER from your bitfunder account that is connected to your bitcoin address so if you can prove ownership of that bitcoin address then you're good. Ken controls them so he can move then to a non-defunct securities exchange.

What is to stop Ken saying he purchased those shares from me? Don't get me wrong I'm pretty confident that wont happen but technically I transferred my shares to another person, so whilst I can prove I owned them at some point in time proving ownership currently is nigh on impossible since they are not in my possession and I freely transferred them to another party.

Who would you have to prove ownership to other than Ken?

wasn't there a list posted for the amc tenders? if so, doesn't that mean that at the point in time that address transferred said shares? btw how exactly do you use your bitcoin address to send a verification??? does anyone have a step by step guide or a link to one?
24  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: April 10, 2014, 05:28:35 PM
BTC dropped under 400 $ , so divs may will suffer from hosting costs
25  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 05, 2014, 01:32:21 PM
when are div's paid out?? Huh

when is the 'normal' time?
26  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: April 04, 2014, 02:17:17 AM
Ooh, looks like the first rack of the datacenter may be coming up; hashrate around 3th/s

http://eligius.st/~wizkid057/newstats/userstats.php/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa

how do we know that is Ken?

edit:
found it... Cheesy Tongue
27  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: April 04, 2014, 01:58:25 AM
Yes, I see.. CryptX treats bitcoins in payout queue as already 'paid' and uses them in divs calculations.

Is there ever an instant that eligius would not be able to payout the all the bitcoins due?
28  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: April 03, 2014, 02:55:44 PM
guys, at least were not as screwed as COG... lol  Tongue i read the posts and it cheers me up. even though i bought in at over twice the IPO price. try reading it, it might just cheer you up.
https://bitcointalk.org/index.php?topic=67547.2820
29  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: April 03, 2014, 12:42:57 AM
Weekly Update 4/2/2014

Shares:

Next week I will start transferring shares to CT so our investors can start trading.



Sounds familiar...
30  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: April 02, 2014, 02:12:22 AM
so Cognitive mining is liquidating.. they don't have much equipment but 20TH now is more BTC in the current difficulty. Just a suggestions

https://bitcointalk.org/index.php?topic=67547.2800
31  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 30, 2014, 03:39:47 PM
AM price is $0.5-$1 per Gh/s, not per chip.

Also, you used just the cost of a bare chip.
Need to add the cost to design and manufacture the PCBs, populate PCBs with chips, add cooling, power...



good catch
32  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 30, 2014, 02:34:12 PM
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing

that would make waaay too much sense
Isn't the 3rd gen 55nm vs the 28nm they are working with now?
And you can totally mine with chips alone. Just PNP.
Asicminer gen3 chips are 40nm, and very efficient, based on specifications:
Quote
Specification
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage

Yesterday they (AM) got first batch of chips, and now are doing some testing.
I would really like that CryptX take AM chips into consideration. Reference board design will be open-source.

I second that, with the same amount of bitcoins that we spent on 18TH we could have had alot more possibly within the next month as AM expects to mass produce within the next month. 108 BTC @500= $54000 @ .5-1$ per chip hashing at 12.8GH = 691200 GH (691.2TH) earliest delivery - 1382400 GH (1382TH) (later delivery).

someone check my math...
33  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 30, 2014, 05:33:03 AM
with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing


that would make waaay too much sense
34  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 27, 2014, 05:59:45 PM
its been 3 months since my last check in, three links (i think) from the original forum later i find this thread. we still are not hashing, can't trade our shares and there is no verification system... this is fucking stupid.
35  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 24, 2014, 08:48:11 PM
Of course not.
I just wanted to correct Usman056  on that 13-16%.
Understood

so sorry, i didn't feel like going through and collecting the all the data points. point taken Kiss
36  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 24, 2014, 04:52:05 PM
seems more hw  coming online, default miners is 67 TH Grin
73.50 Th/s now for 'default' worker, 134 Th/s total  Wink
(22 min average, so it's not variance)
yup more stuff coming online
12 hours   116.44 Th/s   1171148624
3 hours   119.81 Th/s   301266688
22.5 minutes   134.24 Th/s   42194176
256 seconds   136.00 Th/s   8106033
128 seconds   136.04 Th/s   4054342
MOAR HASH!!

12 hours   117.61 Th/s   1182927104
3 hours   124.51 Th/s   313100816
22.5 minutes   137.63 Th/s   43261440
256 seconds   143.09 Th/s   8529042
128 seconds   146.50 Th/s   4366045

we are still not keeping up with predicted difficulty increase (18.48% https://bitcoinwisdom.com/bitcoin/difficulty)... We only increased hash by 13-16%. if we keep getting equipment weekly at 20TH per week we may be able to squeeze out some more div's per difficulty but thats if there isn't a supply problem which there clearly is..  Huh
37  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 20, 2014, 02:49:17 AM
Since we are behind schedule... why not use some of those reinvestment bitcoins and buy some more hash from a supplier going bankrupt? not sure if the contract rate for the mining equipment is lower (most likely is) but more hash now would help reach ROI. Just throwing it out there.
http://www.coindesk.com/bankrupt-bitcoin-mining-company-alydian-sell-218ths-mining-power/

5000$/TH ? Seems overpriced to me. Plus they're not new models, meaning that the power consumption is probably high.

With the current reinvestment fund you'll buy 5TH at most... not sure if it's a good idea.

Definitely overpriced. Ironically the current cost of buying 1TH by simply purchasing PETA shares is around $5000.

1000GH / 8.68 = 115.2 shares of PETA required to equal 1TH.
115.2 * 0.073 (Current price on Havelock per share) = 8.4 BTC to purchase 1TH of PETA.
8.4 * $610 (rate per BTC on Bitstamp) = $5124.00

Keep in mind that the PETA share price is already up 46% from the initial price that CryptX sold them for. If we base it on the IPO price per share of 0.05 then the cost per TH for PETA is only around $3500.00.

Any reinvestment in PETA needs to be for faster/better equipment. It seems that most trying to sell (old) mining equipment are greedily trying to get all the profit that such equipment would have generated until it had become obsolete. The party purchasing this equipment would get little more than their initial investment back.

How is this overpriced?
The spreadsheet cryptx released prices their cost per TH @ 4500. Yes, we aren't at the 700th starting line yet, but we will get there.
I am not sure you are up to speed on what/how cryptx/petamine is designed to operate.
At the moment there is no "better/faster" equipment than the 28nm chips they are buying from bitmine.
There is no reason to believe that bitmine is mining with equipment before selling it.
After the hardware that was ordered from bitmine/cointerra is deployed, going forward it will be custom equipment with the A1 chips from bitmine.
AFAIK KnC is the only one working on 20nm and they wont be ready for months. So we are "stuck" with 28 for the time being, it will be profitable for quite sometime. Looking further down the road, hopefully cryptx has or will reach out and align themselves with someone working on the next gens of chip design so that when that tech is ready it can be deployed as soon as chips are available.

I am up to date, what we need is an actual update about the bitmine fiasco, are they or not delivering PETA's hardware on time? as someone mentioned earlier, this is all time sensitive if we can't get hashing now while the difficulty is relatively lower than it will be in say 3 months when we get the 700 TH deployed that hashing power will never make ROI. So what needs to be done is to calculate, if the price difference between the "true" contract rate of mining hardware from Bitmine and other hardware available is close enough to make a profit now while we wait for them to deliver then why not do so?

IE ( price of available hardware at a good hash rate - price of contracted rate from bitmine) = small amount of money ($500?)
Can that hardware boost increase our hash to a level that will ROI on that hardware before the difficulty increases to such a level that all the hardware becomes obsolete?


based on the other contributors on Eligius pool, if we look at 1swrtyBsp9odruX65upeyubAVSAyggh78 take the difference between their daily BTC earning and hashing power difference which at this time is about 6 TH. if we bought 6 TH and could start hashing immediately (this is theoretical but i hope you get the point) we could be making about 0.72666091 more BTC per day. IF the difficulty had just changed, and we hashed at this rate for one difficulty change (12 days) we could make an extra 8.71993092 BTC which is the cost of about 1/6 of those miners. Its an arms race to squeeze the most BTC out of current difficulty period.  Smiley
38  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 19, 2014, 11:28:22 PM
Since we are behind schedule... why not use some of those reinvestment bitcoins and buy some more hash from a supplier going bankrupt? not sure if the contract rate for the mining equipment is lower (most likely is) but more hash now would help reach ROI. Just throwing it out there.
http://www.coindesk.com/bankrupt-bitcoin-mining-company-alydian-sell-218ths-mining-power/
39  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 12, 2014, 12:42:59 AM
YAY! were hashing at a wopping 1 gh/s per share... actually its more like .82 gh/s per share.. and this is what a month after "deployment"? your seriously telling me that after putting hundreds of thousands into hardware they don't consider you a priority or that they aren't giving you additional hardware to compensate?
40  Economy / Securities / Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share on: March 03, 2014, 10:25:54 PM
Probably stats flutuation on eligius.
Stil the same amount of workers. currently 64TH

My mistake, i've never seen it fluctuate that high.. jumping to conclusions.
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