Yes, so one would expect them to have an interest in reducing the running costs of the mine.
Lol? Of course he has -and always had- an interest in minimizing the actual running costs, which one can only guess. But the difference between that, and the $0.15/GH "hosting fee" is what butters his sandwich. And yes, within a month or two, he will drop those fees; otherwise dividends would end up being negative, prompting a sale of his farm and ending his hosting fee revenue. So most likely you will see him come up with some excuse as to why he can suddenly reduce the fees and keep paying a few dozen satoshi's in divs until there is barely any resale value in the hardware. So after losing their shirt, pants and socks, 'unit' holders lose their underwear too. Still looking good though. Annual Yield 584.66%. What a bargain I completely agree with Puppet on the point of CryptX coming up with some "bonus for investors" or so it will seem the way he will try to phrase it as to why he's finally lowering his ridiculous hosting/management fee's. I suspect if he lowers his rates by 1/3rd it may just extend the life of the fund by another month possibly two but not much beyond that. And that's a best case scenario imho. I've finally dumped all of my shares of Peta and still feel bad for those still holding. CryptX ran quite a number on the bitcoin community with both this and his Scrypt asset.
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Also doing a test run on daily 104% payout. one-half a bit penny. Let's see how this goes.
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boy howdy...can't wait till i receive my letter in the mail with my alpha-t shares...weza gunna be rich fellaz...rich I tell ya!
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Yeah I can't ever see a point in mining at a loss. If you're in it for fiat it definitely makes no sense.
If you want to accumulate BTC position it may not make sense to constantly flip miners on/off if you're marginal. Then again if you're marginal you should just sell the equipment and buy BTC with the proceeds.
This is starting to look like the end of the GPU days where a lot of the expensive electricity areas had to call it quits. Not only are miner prices not competitive but electricity is finally cutting into earnings significantly as ROI projections take years instead of weeks or months.
op sell the gear and buy coins drG is telling it like it is. If your power is not 10 cents you are in trouble. Sheesh, I would argue more like 0.05 cents/kw/h or your pretty much in trouble. Have to agree with phillip on this one, best bet is probably to sell your gear and either get more efficient gear or simply hold whatever bitcoin you get out of them. Don't think for one minute if you reinvest in more efficient newer gear that it too won't literally be out of date 4-6 months from now too.
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This thread is a month old, I don't think he's selling right now. And Bob is also currently banned for 30 days, so he won't be able to respond to you as of this moment.
Why does it say that he is online then? Also, if this is still going on, count me in! me too
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I've got 1x MSI Radeon R7770 that I would be willing to sell for a reasonable price. If interested PM me your offer.
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Oh man. Already outta the running?
So, wheres the hyperlink to a pdf form demanding a re-oink I mean count?
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Smooth transaction. He actually got me my code far faster than bitcoin gave my transaction it's first confirmation. Seller seem's legit to me.
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If you live in the states and don't mind giving them a bit of information and access to your checking account then Coinbase is really the best solution in imho.
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Bump sold 2 via PM I have 1 more left if anyone wants $30
Sold
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Dear investors,
Our product version 1.0 has been finished of the development, it was being user acceptance testing and multi-language setting. The invitation of the Alpha will be sent to all shareholders on the weekend, you can attend this free trial event. Please wait for our formal notice.
Best regards.
No invitation alpha for me as of yet :/ Our invitation just has been sent, you are welcome to apply. Application sent, awaiting verification. Let us know how this goes, my free time is very limited atm. Will do. Doing some arb trading myself all manually atm that is working out well (could certainly be better) but interested to see what they have. As of now, no further word from them.
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Oh what the hell. If I'm eligible I would like to claim one and $3 doesn't seem like a big risk. I can gift it to my friend that uses Skype all the time. I have purchased a steam code from BiPolar before so not sure if I'm eligible for this 'crazy' deal or not. sending pm
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Ryan, do me a solid and update this thread with any developments if you would be so kind.
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Awesome so almost a month has passed since the guaranteed ASIC delivery in July, this is a fact. What is their final word on a ship date?
my guess: ~2 weeks :/
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I just had $10 hit my bank account from a cashout I performed on Coinbase on the 26th without any issue(s). Isolated cases perhaps? Regardless, if you've opened up tickets I've typically found they are pretty quick to respond.
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You changed the world in a big way for the better Hal. RIP.
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Quick question to the general populace:
Anybody know what Cryptx originally paid for the first batch of A2 Innosilicon miners that came online directly after the IPO? I didn't find anywhere where Cryptx mentioned it (naturally), so instead I'm trying to find information / pricing from group buys that happened early / mid May (and possibly a few weeks earlier than that). Based on what I've seen so far, I've estimated $10,000 each, but I may be a bit off if there were other deals going on at the time.
Are you trying to understand how they spent the 1162.281 btc of the ipo? Pretty much. Or rather, where did the money go? At $10k per device (when ordered in a large batch), that would mean there's somewhere close to BTC400 that have never been used. Even at $12,000 each (essentially the price to buy one at a time), that still leaves almost BTC245 in the air. On one hand, you whine because CryptX has scammed you with the intial investment On other hand your vote #4 because you want them to look for "future opportunities" Future opportunities for them to scam you again It is not possible that 68% of the holders are that stupid, the vote is obviously rigged. High degree of likelihood it was fixed imho. Certainly wouldn't put it past CryptX at this point. As for the 245BTC outstanding BTC I'm 100% certain you won't get any sort of definitive answer from CryptX himself. His sha project is literally 5-8 weeks (max) from total failure, and all this more than likely vote results in is more pain for shareholders over time I'm afraid.
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Maybe a plan for the future or planning the sale of the equipment into a big dividend for shareholders... ?
I suspect it won't be a very 'big' dividend if it even happens. I suspect if he does sell off the equipment he will probably figure out some way to weasel 6-8% out of that as well. Or dump them to some unknown, cannot be named entity (cough cough cryptx) that picks them up in a single swoop for 'half market price'. Not sure what's going to happen but one thing I am pretty sure of, weather forecast lookin like a high probability of more future shady.
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Appears as though cannabit was online as recently as a couple of days ago but hasn't posted anything since the 5th. :/
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I'm interested in topping off my starbucks card but not interested in having a card get cancelled on me. Are these puppies legit? Are you guaranteeing they won't be shutdown unexpectedly?
I do not understand what you? Speak more clearly. If you need to buy, please contact me. Otherwise please no comments in my topic. If you do not know anything about me and my purchases. I do not need more shit like you. Wow. I was trying to ask you a legitimate question regarding your card(s) and you come at me sideways like that?!?! Seriously, if your going to advertise a product in English at least learn the language well enough that your not scaring off potential customers with ridiculous comments based in ignorance. Thanks for the attitude display, I think I'll be avoiding anything and everything you have to offer. Good day to you!
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