PETA is meant to be a mining operation that continues to function indefinitely
How can petamine function indefinitely when they are charging themselves $0.25/kwh vs the competition at less than $0.05/kwh? how are the others making any profit? they might be charging differently I'm confused is petamine paying $0.25/kwh or is that a service by petamine which customers pay that rate? CrytpX takes out $0.25/kwh out from the total BTC mined by Petamine for the week. This is taken out and after that the dividends and reinvestment is calculated from what is left over. I'm not sure how much CryptX pays per kwh and it might be posted in this thread or the prospectus, but that fee also includes warehouse space and maintenance cost. Do we know if petamine is selling themselves electricity? If so it should be less than $0.05 × 1.5 (PUE + hosting costs) Even if they are buying electricity for $0.1/kwh they shouldn't be charging more than $0.15/kwh. $0.45/kwh is ludicrous. How do we know $0.25 is anywhere near their costs when they managed to simply cut the price in half as soon as hosting costed ~50% of what they mined. I bet they can go as low as $0.1/kwh and still profit. Especially if they are selling electricity to themselves. there is allot of cost inefficiency called profit in everything on the market, you would be surprised at the kind of markup they can pull off on certain things PETA will continue to reduce the cost as their operation grows, economies of scale i think 20% margin is fair at its current size (calculated based on 0.25$/kwh assuming 0.05$/kwh actual electricity cost) |
|
|
|
I have. A million times.
The reinvestment strategy is only going to lose investors money. This is undebatable. It is set in stone.
It is set out to prolong the project for as long as it can and get as big as it can.
This is great if the hashrate is stable but it's not.
Because of that, the value of the assets decreases over time, meaning less value can be generated, and it does this allot quicker than new value can be added through reinvestment.
So, why have a company that's going to leak value?
Well, if your a hosting provider and you collect all the fees. The above situation is absolutely ideal for you to make money. It screws all investors, but it's absolutely ideal for the fees.
its not set in stone, it is debatable, do you have any intel i do not? its YOUR OPINION that their strategy will lose investor money like any intelligent mining operation, ofcourse its trying to be as big and operate as long as it can i would not have invested otherwise, its great regardless of hashrate climate (as for everyone else anywhere in the world mining BTC, as such the network adjusts) wrong, you can add more new value faster then it decreases overtime. and if i was a hosting provider i would aim to operate indefinitely and therefore maintain a network share that would be in investors favor i would also adjust the fee as the operation grows, just like PETA is doing |
|
|
|
Best case scenario 33k shares sold during IPO 0 weeks to pay back debt after IPO is finished.
Difficulty Network Hash Peta hashrate Estimated BTC Hosting Fee Peta BTC Reinvestment Dividends
10092894592 72248.856 1500.000 523.192 130.798 392.394 353.155 39.2394
11606828781 83086.185 1500.000 454.949 113.737 341.212 296.854 44.3575
11606828781 83086.185 1595.000 483.77 119.064 364.706 302.706 62.000
13347853098 95549.112 1674.000 441.505 107.561 333.944 263.816 70.128
13347853098 95549.112 1755.000 462.869 111.778 351.091 263.318 87.773
15350031063 109881.479 1825.000 418.548 100.510 318.38 226.050 92.330
17652535722 126363.701 1895.000 377.915 90.393 287.522 195.515 92.007
17652535722 126363.701 1955.000 389.880 93.084 296.796 192.918 103.879
20300416080 145318.256 2007.000 348.044 83.048 264.996 161.648 103.349
20300416080 145318.256 2058.000 356.888 85.215 271.673 157.570 114.103
and i expect it will go even better as btc value goes up and hardware cost/Gh goes down, which is not factored in here
So this is your prediction? Okay it looks like you copy pasted mine but changed a few numbers around. But something you cannot deny is the fact that the estimated BTC keeps on decreasing the longer the mine runs. By your own numbers posted you will see the estimated BTC approach 0 and once reinvestment falls too far behind difficulty increase dividends will suffer shortly after. In this case you have a 10 week projection with less than a 50% apy. By your own prediction the average decrease in Estimated BTC is 16.7 every week the mine operates. After just over 21 weeks of this the estimated BTC will be near 0. Again these are your numbers that you posted in this thread. these are not "my own" projections my own projections would include cost/Gh/s, BTC value, diff velocity alas i dont have the time to go through all the data and make 100 potential projections |
|
|
|
PETA is meant to be a mining operation that continues to function indefinitely
How can petamine function indefinitely when they are charging themselves $0.25/kwh vs the competition at less than $0.05/kwh? how are the others making any profit? they might be charging differently PETA's margin is in that amount, and 20% profit is pretty good, i expect they will reduce that as the operation grows |
|
|
|
i can defend them because i know they are doing the right thing
according to your logic no cloud mining operation in existence will exist beyond the next 3 months
i can also make a highly inaccurate projection if you want
to bring up the accuracy i would need to take year over year trends, altho not enough years have gone by yet to get any good reading out of even that
in regards to my situation, satoshidice 163 bitcoins 2012
Cloud mining companies pay out dividends straight away, when the net asset value of the capital is at its highest, producing a much better ROI, they are doing the complete opposite here. Ok. Look, dude I'm sorry. But please understand, I had a career looking at things like this. The strategy they have selected is solely to increase their own earnings, not shareholders. You really think I'd be going apeshit mental if they wern't trying to do something extremely sinister? If they paid out dividends at a 35/65 ratio again all investors would see a good return, but instead, they are trying to build the mine up as big as possible even though difficulty is going to make it much less profitable. Why? increased hosting fees. you dont understand that 35/65 would be bad for long term investors, what they are doing now will benefit all investors companies that pay out dividends straight away may be good for initial investors but completely doom the project and screw over later investors Run the numbers yourself, look into the cost of running these miners, what is being charged, how difficulty rises compared to how much reinvestment will cover. An engineer like yourself should know how to do this. Don't put blind faith into a company because they say they are doing what is best for the investors. Numbers speak more than words. Or ignore everything discussed here if your goal is to make money for others. If you do run the numbers post them here so we can all see why this is such a great investment for long term holders like you say. i have run the numbers myself, from the data you posted, look up a few posts, but it seems i cannot make it clear enough that multifactor exponential projections are impossible to make with any degree of acuracy there are too many possible outcomes i know the costs, PETA offers allot of benefits compared to investing in my own hardware and strategy |
|
|
|
|
i can defend them because i know they are doing the right thing
according to your logic no cloud mining operation in existence will exist beyond the next 6 months
i can also make a highly inaccurate projection if you want
to bring up the accuracy i would need to take year over year trends, altho not enough years have gone by yet to get any good reading out of even that
in regards to my situation, satoshidice 163 bitcoins 2012
|
|
|
|
As requested here is 52 week projection. After a year the dividends are 4141 BTC which is ~ .041 BTC per shareholder given the best case scenario.
But again this should be far off of what is expected since as the time frame grows larger the accuracy falls. The reinvestment becomes worthless towards the end of the year so the plan will have to change even if you are one of those long term investors that think the mine can last forever.
@webbrowser I will be glad to have the hosting fee remain constant or even go up, that would be even worse for shareholders. You do realize by the hosting fee going down that is more BTC for reinvestment and dividends so if you want me to I can redo this with higher hosting fees so that's even less dividend and reinvestment funds. So if you want me to make this change you will see an even worse outcome.
Don't get tied up on the hosting fee guys because anything more realistic for hosting fees will result in a worse outcome for the mine and shareholders.
Difficulty Network Hash Peta hashrate Estimated BTC Hosting Fee Peta BTC Reinvestment Dividends BTC to pay back
10092894592 72248.856 1500.000 523.192 130.798 392.394 353.154 39.239 -39.239
11606828781 83086.185 1500.000 454.949 113.737 341.212 299.925 41.287 -80.526
11606828781 83086.185 1680.637 509.737 127.434 382.302 328.015 54.287 -134.813
13347853098 95549.112 1834.048 483.710 120.927 362.782 303.649 59.133 -193.946
13347853098 95549.112 2001.827 527.959 131.990 395.970 323.111 72.858 -266.805
15350031063 109881.479 2157.143 494.715 123.679 371.036 294.974 76.062 -342.867
17652535722 126363.701 2322.413 463.146 115.786 347.359 268.856 78.503 -421.370
17652535722 126363.701 2473.292 493.235 123.309 369.926 278.554 91.372 -512.742
20300416080 145318.256 2610.811 452.747 113.187 339.560 248.558 91.002 -603.744
20300416080 145318.256 2753.290 477.455 119.364 358.091 254.603 103.488 -707.233
23345478492 167115.994 2880.427 434.350 108.587 325.762 224.776 100.986 -808.219
23345478492 167115.994 3010.656 453.987 113.497 340.490 227.788 112.702 -920.921
26847300266 192183.394 3125.628 409.847 102.462 307.385 199.186 108.200 -1029.121
26847300266 192183.394 3242.141 425.125 106.281 318.844 199.915 118.929 -1148.050
30874395306 221010.903 3344.024 381.291 95.323 285.968 173.297 112.671 -1260.721
30874395306 221010.903 3446.280 392.950 98.238 294.713 172.407 122.306 -1383.027
35505554602 254162.538 3534.921 350.484 87.621 262.863 148.255 114.608 -1497.635
35505554602 254162.538 3623.106 359.228 89.807 269.421 146.296 123.125 -1620.761
40831387792 292286.919 3698.938 318.910 79.728 239.183 124.853 114.329 -1735.090
40831387792 292286.919 3773.768 325.362 81.340 244.021 122.255 121.767 -1856.856
46956095961 336129.956 3837.630 287.711 71.928 215.783 103.576 112.207 -1969.064
46956095961 336129.956 3900.163 292.399 73.100 219.299 100.658 118.641 -2087.705
53999510355 386549.450 3953.142 257.714 64.428 193.285 84.659 108.626 -2196.331
53999510355 386549.450 4004.628 261.070 65.268 195.803 81.650 114.153 -2310.484
62099436909 444531.867 4047.931 229.473 57.368 172.104 68.153 103.951 -2414.435
62099436909 444531.867 4089.695 231.840 57.960 173.880 65.205 108.675 -2523.110
71414352445 511211.647 4124.555 203.319 50.830 152.489 53.981 98.508 -2621.618
71414352445 511211.647 4157.907 204.963 51.241 153.722 51.189 102.533 -2724.151
82126505312 587893.395 4185.519 179.412 44.853 134.559 41.982 92.577 -2816.727
82126505312 587893.395 4211.702 180.534 45.134 135.401 39.402 95.999 -2912.726
94445481109 676077.404 4233.176 157.787 39.447 118.340 31.952 86.388 -2999.114
94445481109 676077.404 4253.329 158.538 39.634 118.903 29.607 89.296 -3088.411
108612303275 777489.014 4269.673 138.389 34.597 103.792 23.664 80.127 -3168.538
108612303275 777489.014 4284.817 138.880 34.720 104.160 22.707 81.453 -3249.991
124904148766 894112.367 4296.921 121.106 30.277 90.830 18.893 71.937 -3321.928
124904148766 894112.367 4308.535 121.433 30.358 91.075 18.033 73.042 -3394.970
143639771081 1028229.222 4318.199 105.831 26.458 79.373 14.922 64.451 -3459.421
143639771081 1028229.222 4327.423 106.057 26.514 79.543 14.159 65.384 -3524.805
165185736743 1182463.605 4335.055 92.386 23.097 69.290 11.641 57.649 -3582.454
165185736743 1182463.605 4342.297 92.541 23.135 69.405 10.966 58.439 -3640.894
189963597254 1359833.145 4348.251 80.580 20.145 60.435 8.944 51.491 -3692.385
189963597254 1359833.145 4353.861 80.684 20.171 60.513 8.351 52.162 -3744.547
218458136843 1563808.117 4358.436 70.234 17.559 52.676 6.742 45.933 -3790.480
218458136843 1563808.117 4362.707 70.303 17.576 52.727 6.222 46.505 -3836.986
251226857369 1798379.335 4366.156 61.181 15.295 45.886 4.956 40.930 -3877.916
251226857369 1798379.335 4369.338 61.226 15.306 45.919 4.500 41.419 -3919.335
288910885974 2068136.235 4371.873 53.271 13.318 39.953 3.516 36.437 -3955.772
288910885974 2068136.235 4374.175 53.299 13.325 39.974 3.118 36.856 -3992.629
332247518871 2378356.670 4375.973 46.366 11.591 34.774 2.365 32.410 -4025.038
332247518871 2378356.670 4377.568 46.383 11.596 34.787 2.018 32.769 -4057.808
382084646701 2735110.171 4378.778 40.344 10.086 30.258 1.452 28.806 -4086.613
382084646701 2735110.171 4379.810 40.353 10.088 30.265 1.150 29.115 -4115.728
439397343706 3145376.697 4380.553 35.096 8.774 26.322 0.737 25.585 -4141.313
And dude, here's where it gets scary. There is still one major mistake you have made. Hosting fee is a fixed cost per machine, it will stay roughly the same throughout the year, getting higher and higher as more money is pumped into reinvestment. You can see the estimated hosting fee in the projections that where posted by CryptX. If you want to account for that go ahead, that's the killer. I'm guessing a yield over the year of 20% once you account for that and the project not even lasting six months this is totally inaccurate, also hosting fees are priced in fiat and set to drop in the future im quite sure they can achieve a hasrate doubling rate of less then 3 months |
|
|
|
Best case scenario 33k shares sold during IPO 0 weeks to pay back debt after IPO is finished.
Difficulty Network Hash Peta hashrate Estimated BTC Hosting Fee Peta BTC Reinvestment Dividends
10092894592 72248.856 1500.000 523.192 130.798 392.394 353.155 39.2394
11606828781 83086.185 1500.000 454.949 113.737 341.212 296.854 44.3575
11606828781 83086.185 1595.000 483.77 119.064 364.706 302.706 62.000
13347853098 95549.112 1674.000 441.505 107.561 333.944 263.816 70.128
13347853098 95549.112 1755.000 462.869 111.778 351.091 263.318 87.773
15350031063 109881.479 1825.000 418.548 100.510 318.38 226.050 92.330
17652535722 126363.701 1895.000 377.915 90.393 287.522 195.515 92.007
17652535722 126363.701 1955.000 389.880 93.084 296.796 192.918 103.879
20300416080 145318.256 2007.000 348.044 83.048 264.996 161.648 103.349
20300416080 145318.256 2058.000 356.888 85.215 271.673 157.570 114.103
and i expect it will go even better as btc value goes up and hardware cost/Gh goes down, which is not factored in here
I don't understand why your hosting fees are going down (and so far below cryptx's own estimates) while the peta hashrate is going up. If you are basing this on BTC exchange rate going to the moon, why not add the column for the exchange rate, so that this best case scenario is compared against holding BTC instead? assuming BTC value does not move idk about hosting fee, took data from MySike |
|
|
|
Here's the thing, everything is already set in motion and regardless of if a single share in this IPO is bought CryptX still wins. He still gets his 25% hosting fee and the shareholders are left footing the bill, it'll take a while to pay back the company he bought the miners from but it doesn't matter. He gets his 25% every week and shareholders pay the bill from dividends. Share price doesn't matter CrytpX still makes the same amount of BTC, IPO doesn't matter, just means even less dividends for shareholders.
There is no way for CryptX to lose on this deal unless you use your voting power as shareholders to request the original 35% reinvestment to be used to pay back the company and request 65% in dividends like in the original prospectus. This will at least get you a nice ROI in the upcoming months but the mine will die within the year. This is the best choice for shareholders imo.
I'll post the 52 week data in just a minute.
it does matter, because increases in their revenue is directly tied to the reinvestment's and performance vs network its in their interest to make sure the hashrate keeps going up, if they want long term revenue they need to make sure they keep mined BTC above the threshold required to maintain their market position also for future projects they need to maintain a degree of profitability for investors |
|
|
|
|
Best case scenario 33k shares sold during IPO 0 weeks to pay back debt after IPO is finished.
Difficulty Network Hash Peta hashrate Estimated BTC Hosting Fee Peta BTC Reinvestment Dividends
10092894592 72248.856 1500.000 523.192 130.798 392.394 353.155 39.2394
11606828781 83086.185 1500.000 454.949 113.737 341.212 296.854 44.3575
11606828781 83086.185 1595.000 483.77 119.064 364.706 302.706 62.000
13347853098 95549.112 1674.000 441.505 107.561 333.944 263.816 70.128
13347853098 95549.112 1755.000 462.869 111.778 351.091 263.318 87.773
15350031063 109881.479 1825.000 418.548 100.510 318.38 226.050 92.330
17652535722 126363.701 1895.000 377.915 90.393 287.522 195.515 92.007
17652535722 126363.701 1955.000 389.880 93.084 296.796 192.918 103.879
20300416080 145318.256 2007.000 348.044 83.048 264.996 161.648 103.349
20300416080 145318.256 2058.000 356.888 85.215 271.673 157.570 114.103
and i expect it will go even better as btc value goes up and hardware cost/Gh goes down, which is not factored in here
|
|
|
|
this indicates that the exponential increase is reducing in magnitude http://bitcoin.sipa.be/speed-ever.pngcurrently difficulty is doubling every ~2 months 3760BTC for 1Ph/s is going to take 66days to pay itself off, but with the pre-existing hardware it will take 44 days assuming its entirely paid for with the IPO, after may 31st you are going to be seeing: Info about dividend payout for this week:
596.4 in total from mining and converted NMC's:
- 297.96 as Dividend (0.0029796 BTC / share)
- 160.44 Reinvestment
- 138 Hosting Fee
what is 160.44BTC gona buy in june? 42670Gh/s if Gh/s price and btc value stay the same how fast can we double our hashrate with reinvestment's? 6 months I expect we will be able to cut that doubling time to 2month once bitcoin regains value, and further reduce it as hardware increases reaches a choke-point and bitcoin doubling time lowers to 3 months exponential projections with 3 variable factors($/BTC, $/Gh/s, Diff) is impossible to make with even 10% certainty. EDIT: NICE, didn't know reinvestment's will be higher for while renders everything i wrote completely incorrect, but the point remains, and even better so, that PETA is setup to win |
|
|
|
|
15GH/s/share is guaranteed regardless of how many shares are sold during the ipo
|
|
|
|
I'm addressing this here: ...
second thing is $/Gh is also on an exponential trend, so technically its ok to make linear projections, exponential projections are usually highly inaccurate.
...
BTC mined with each GH/s *drops* at the same rate as difficulty rises. (Dollars per GH/s) is a function of difficulty, not "second thing." Not sure how this supports the case of linear projections. second point, $/GH in terms of cost for hardware, not profit per Gh case in point, the added hashrate wont be linear either, it will keep up thanks to inverse trend of cost per Gh vs difficulty |
|
|
|
|
what some of you do not realize is that difficulty cannot continue its exponential trend, at every doubling more hashrate has to be manufactured then there ever was before it, we will hit a limit
second thing is $/Gh is also on an exponential trend, so technically its ok to make linear projections, exponential projections are usually highly inaccurate.
i expect full well PETA will make the right decisions in the future when dealing with above average increases in difficulty, they can increase reinvestment's
also dont forget how much PETA is doing for you, dealing with mining hardware, timing buys right and findings the best deals is not easy on your own.
I have 10scryptMh/s of GPU
|
|
|
|
if you think you have any rights as a btc investor, you are in the wrong place.
also its in investors interest to help PETA succeed, so thats why other people will help them make more money.
this is not the type of stock that gives you voting rights per share, cryptx can do as needed to secure future profitability without needing your opinion.
the only reason your on here to rant negatively and give threats is because you are butthurt you exited at the wrong time and lost the game. PETA still stands as the best investment option on havelock, regardless of the outcome of the current plans, which can only be positive.
Exited at the wrong time? I sold the majority of my long term shares yesterday at 0.093. If your talking about my trading shares then yes, I invested in Scrypt, and FYI, and as at now, 80% of the trades over the past forty eight hours have been mine. Have you even looked at the projections? The reason your butthurt is because I'm calling this out for what it is. If your too stupid or blind to realise that, that's your problem. But don't get this wrong, the profitability you are talking about, is profitability for them, not you. I'm actually trying to help you. But whatever. i have looked your concerns are that of someone butthurt, nothing more everything you buy has a confabulated amount of profit that can be adjusted, this is what the hosting fee is, they are probably paying less then 0.05$/kwh, i get 0.09$/kwh at residential rates they are splitting the collocation cost between PETA and SCRYPTX the bandwidth costs are probably not that much your calling out wrong doings that are not wrong doings, they acted as per what is expected so what if that was not beneficial to you, the more profit they get the better their incentive to make it work. you made a gamble getting out, now you want to make sure your gamble was right tell everyone the sky is falling |
|
|
|
|
if you think you have any legal rights as a btc investor, you are in the wrong place. (HAVELOCK would be illegal to operate in the US or CANADA)
also its in investors interest to help PETA succeed, so thats why other people will help them make more money.
this is not the type of stock that gives you voting rights per share, cryptx can do as needed to secure future profitability without needing your opinion.
the only reason your on here to rant negatively and give threats is because you are butthurt you exited at the wrong time and lost the game. PETA still stands as the best investment option on havelock, regardless of the outcome of the current plans, which can only be positive.
|
|
|
|
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on! We are preparing a marketing campaign right now. We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to info@cryptx.com Let’s work together to take this to the next level!make a video touring your facility's as someone describes PETA |
|
|
|
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project. We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that. We are investing up to 1,000 BTC of our own money in this IPO to make it a success. Still don't like the way you introduced important changes to Prospectus (without motion). Hard to say but confidence was shaken. Also, timing (sequence, info) of recent developments was, to put it mildly, not perfect. One speculates or not but I understand and sympathize with those feeling 'outmaneuvered'. I have invested almost all my possibilities into Peta and was a hard believer and propagator to many other friends to jump on this ship. When scryptx was announced, I disinvest from Peta and moved there. I hope my connections will not blame me, but I feel I betrayed their trust as much as I feel betrayed here by Cryptx. I proposed a couple of weeks ago to increase reinvestment rate to move from the (almost) 500ths. No word. I proposed to use reinvestment funds to buy shares and so increase ths per share. Downvoted. You purchased from a big shareholder directly while us common people have to deal with the horrible performance of havelick platform that goes down every now and them and lacks basic functionalities. It would be nice to be in the position of understanding WHY? Why why why. Why didn't you announced your intentions? Why you helped a (big) shareholder to sell his shares out of the exchange? How much did you pay him? Why he was the chosen one and you didn't simply asked us directly? Why you decided to stop paying dividends to reinvest? And why you didn't care to check if we agreed? Why you purchased shares and then issue another ipo? are you crazy? You want to ipo sell shares you purchased from a shareholder. at a higher price. Is he your best buddy or you owned him something? Bitmine or any other problem was your to manage. This is why we paid you IN ADVANCE by purchasing ipo. You promised us increased dividends thanks to lower fees (scryptx) and immediately after you halt dividends. I hope all of this happened without evil intention and I hope you can learn the big mistake you did here. I also hope it will be a lesson for the future and you will understand how the lack of right communication in the spirit of transparency, completely fucked some of your shareholders trust. I'm still here on this (and on the scryptx) forum until I can disinvest from there and get away from all of this. It is a sad decision but I'm better off somewhere else. I really hope your project will be successful and than your marketing campaign will bring the right fresh new blood you need. But hell I'm out. (by the way, I personally asked you in a private message if rumors on bitmine where true and if you had a plan B. You didn't even answered. How can I still trust you and your (not ours, YOUR) operation?) you have ways to contact me if interested. To all the other really cool people on this thread, sorry for this tl;dr. It is my rant. It was a genuine pleasure to excange ideas and discussions. I hope our net trails will cross again in the future. I wish you all good luck. Please don't be influenced by my words. Do as you feel (like if I had to tell this to you  peace! share price is important, buts its not the objective. Profit is the objective. the investor who sold off market did us a favor, his large holding would of crashed the market. their actions are in their and our best interest, they profit more with more hashrate. your opinion of all the events being negative come from your butt hurt sentiment of making the wrong decision. every choice is risk when investing, whether you hold, sell or buy |
|
|
|
|
anyone comparing PETA shares to actual miners is missing the point of PETA.
and if you look around at what other fixed hardware cloud mining contracts are offering, none of them offer perpetually increasing hashrate or anywhere near the price PETA offers.
|
|
|
|
|
is there enough users and btc on havelock to suport PETA and SCRYPT?
we need to go campaign for them
|
|
|
|
|
Show Posts
