PETA mine http://www.peta-mine.co/Location: Brussels, Belgium currently at 108TH (30 Cointerra TerraMiner IV, 70 CoinCraft Desks) 165 CoinCraft Rigs along with 250 TH of custom board forthcoming each datacentre unit support up to 500TH. Thanks, good find. What's that in kW? 30 TerraMiner IV: 60kW 70 Coincraft Desks:  kW 165 CoinCraft Rigs: kW 250 TH of custom boards: kW The power is the only thing that wont change. hashing power will change all the time. Facilities are measured in power, not hashrate. very true. unfortunately peta has not yet provided any information about power capacity I know they work with solar power. a data-centre in brussels is certainly not the best choice, maybe siberia or kuwait or similar is better choice. The assumption is majority of units will be based on A1 chip and so there you can extrapolate the capacity from 500TH of A1 based on their power efficiency. Coincraft desk is ~400W afaik at 1TH, supposedly rigs come in at 3000W for 2.8TH |
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PETA mine http://www.peta-mine.co/Location: Brussels, Belgium currently at 108TH (30 Cointerra TerraMiner IV, 70 CoinCraft Desks) 165 CoinCraft Rigs along with 250 TH of custom board forthcoming each datacentre unit support up to 500TH. |
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can't comment on the rest and don't care about NEO but as far as 1,2,3 go. with a few mins and the most trivial of google searches you wouldn't have bothered to post such rubbish. I would just delete this thread, it's embarrassing and you've made a fool of yourself, also too late to add a '..jk'
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Cryptx do not own shares in Peta.
However the rest of what you say is true. The bigger and better Petamine becomes the more they will earn in hosting fees and whatever else. I hope they do well out of this project as they put a lot of work in and ultimately our successes are linked.
Apologies you're right, I was assuming they had taken ownership of remaining IPO shares but seems divs are only distributed to publicly owned shares on the market |
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Please explain how cryptx can make a profit on this operation unless A) they are shareholders themselves, B) overcharge hosting costs or C) overcharge hardware costs.
all of the above already applies, yet it's still entirely possible for all shareholders turn a profit and means they have direct incentive to care for progression of PETA project rather than a private competing mine Again, this is where the lack of knowledge comes in. For someone who knows how businesses operate you can answer your own questions with ease and likely be close to the truth. Businesses setup parent/subsidiary relationships all the time, and they sell or rent equipment or services to/from each other. In cryptx/petamines case, its feasible for cryptx to sell the hardware to petamine at a small markup. As I have posted before, cryptx has incentive to not overcharge petamine per ghs because they will limit the amount of growth and therefore profit that can happen. Is there something inherently evil or wrong with cryptx making a profit off of petamine? If cryptx is able to manufacture mining hardware for say 3$/ghs and sells it to petamine for 4$/ghs is that wrong? Am I missing something where its wrong for companies to make money? As long as they keep the $/GHS low enough that the mine stays profitable and preferably growing, what is the problem here? nobody is saying it's wrong. just saying; cryptx owns shares in peta (meaning they earn dividends in correlation to peta success and have interest to drive the price up if they would like to sell), as well as being able to charge hosting/management fees, meaning they are continously compensated for the mines operation, as well as being able to profit off making own hardware and sell to peta operation, and as well as being able to profit of being shareholder in an asic manafacturer (for instance they own shares in cointerra) so they also profit from simply ordering hardware, let alone building it, have a feeback loop. what's wrong about that? I'm glad to see a transparent path for cryptx to profit along with shareholder because if it wasn't there the incentive to maintain a successful operation for the public is a lot lower |
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Please explain how cryptx can make a profit on this operation unless A) they are shareholders themselves, B) overcharge hosting costs or C) overcharge hardware costs.
all of the above already applies, yet it's still entirely possible for all shareholders turn a profit and means they have direct incentive to care for progression of PETA project rather than a private competing mine |
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*However*, there are still trust requirements for any Counterwallet site, as a malicious owner could, for instance, modify the javascript code to divert sent funds to himself, and disable the checks in the client itself against this. There are potential solutions for this though, such as a 3rd party site that will drill down through the served assets and verify their checksums against a known-good source (however, it would need to randomize IP access and access patterns so that the attacker could not detect this and supply it with a different version of the sources).
As far as this goes, is it not possible to run CounterWallet assets locally as Chrome app? Fantastic response by the way, have been consistently blown away by the counterparty core development team since the projects inception. |
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0.64% in 1 week
(Am I doing it wrong?)
AM yearly yield based on last div: 0.68% PM weekly yield based on next div: 0.64% only in bitcoinland  hashrate document with updates on deployment is nice, even better to have real time status. But you don't seem receptive to it. I do wonder about why hashrate goes down to 0 and up however, and also diff now is not 1919 but 2673?- these can make big difference to dividends
question for you
1) are board seats offered?
Hashrate = 0 because of technical problem + reorganisation
Difficulty = 267,730,000 (1919TH/s) until next change so mining income is calculated using current difficulty (1919)
1) We will look into this
Any update on board seats? advantages are that large shareholders, and those bordering on owning enough shares would be encouraged to achieve/maintain a position, so for instance if you require 2500 shares to become a board-member, and 10 people are board members you have 25,000 shares which are further incentivized to remain static and holding long term rather than selling off. wouldn't necessarily have to be privy to any extra special info that normal shareholders are not, it's a title just as much as anything, similar to any company which offer investor relations portal, and of course they like to look after largest clients who hold big %'s |
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lamest pump I've seen in ages, people talking about 'walls' of just a couple btc
right? I love how any old lame memecoin will get pumped like crazy, and then a coin with some real innovation (most innovative coin since PPC) everyone gets scared by a few BTC...  Yes. btw, Anyone who want to make quick bulk sells. >5 BTC, welcome to PM |
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lamest pump I've seen in ages, people talking about 'walls' of just a couple btc
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Fontas is starting to tweet, folks. Ready for round 2.
For real? I heard about the buy up tonight through someone I trust so I'm keeping an eye on it but where did you hear that? Where can you see his tweets? Just curious as I've read about him. But the first approach to the 3 btc wall has been veeeeery meek. Unless people starts to push, we'll need to wait until later... pushing a little now |
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Production status update from Bitmine: Rig's shipping now expected in about 2-3 weeks. "about 2-3 weeks". cheeky twist on an old classic |
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I will ask my lawyer next week when receiving my device what he thinks about the hole situation.
He probably thinks they dug a deep one |
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On the topic of finding a safe home for ActiveMining shares (one that is free from random DDOS, hacks, SEC closure and even theft by the owner itself) ; Yes but how many counterparty coins will Ken need to buy to make this work? Also how does Ken issue more shares? Because it's 10,000,000 in the wild until 0.0025 is paid, and then another 15,000,000 enter the wild. So does counterparty allow Ken to issue more shares? Or if not, can he issue all 25,000,000 at once but force a logic rule on the 15,000,000 preventing dividends until the 0.0025 is paid? 1) A minimal amount is required for issuance (5 XCP) which comes to ~$25 at todays rates. This is a single time fee and neither ken nor any of the shareholders need to so much as touch the underlying counterparty coins after this period, dividends will go direct to a BTC address transparently and trustlessly. You get the security of direct shares (a la asicminer) whilst retaining full control, full ownership and ability to trade at any time via the decentralised exchange. The issuer does not have to mess about with headache of excel sheets and transfer requests like friedcat, and the shareholders do not need to worry about having to send PM's and wait to convert these shares for listing on a centralised exchange, or worry about hacks or closures, everything is backed by the bitcoin blockchain the way it is supposed to be. 2) Assets are able to be made callable and divisible, In short; yes |
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On the topic of finding a safe home for ActiveMining shares (one that is free from random DDOS, hacks, SEC closure and even theft by the owner itself) ; |
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Much needed feature. Very glad to see this added. |
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Yes ofc its easy to call sombody scammer. Did i steal something that you call me like that?
I dont care, i can have my own rules, noone can force me to send first / use escrow.
If you dont accept it, just leave me, but dont blame me if i didnt do anything wrong.
ShowMustGoOn -4: -1 / +0(0) 2014-01-19 0.00000000 Trustworthy !
BestRig -4: -1 / +0(0) 2014-01-19 1.00000000 Good trader!
IrateChinaman 0: -0 / +0(0) 2013-12-28 0.50000000 Scammer. Did not send EAC Tomatocage 21: -0 / +22(22) 2014-01-15 0.00000000 Reference Currently a scam accusation against this user. I will remove this once the matter is clarified. Tomatocage 21: -0 / +22(22) 2014-02-11 0.00000000 Reference Alt coin scammer who preys on the stupid. |
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so maybe native from some french shithole ivory coast or something) bad grammar and a childish mentality, many scammer do not have a high education or standard of living and it is easy to spot beggars amongst serious people
I too believe he looks scammer like , But being a racist shitface while doing so was a little shocking. my mistake.. he is not french but a polish gypsy and cote'd'ivoire is still a shithole |
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2,5k for sell, pm me with offerts!
SCAMMERYou send first, he don't want to use escow, he don't trust escrow (wtf?) don't want to use the DEX (I think he don't even know what it is) yes, btw it is usually fairly easy to spot a scammer before even wasting time sending a PM for example, most will have registration date in 2013 or 2014 with no evidence of any worthwile contributions nor trades, no trust rating, lot's of useless posts selling coins in quick succession with illogical or inconsistent amounts & lack of detail, bad spelling, (e.g "2,5k for sell, pm me with offerts!", so maybe native from some french shithole ivory coast or something) bad grammar and a childish mentality, many scammer do not have a high education or standard of living and it is easy to spot beggars amongst serious people and with just 20 second searching, you can find same user under different nick 'bestrig'; also shilling for himself https://bitcointalk.org/index.php?action=profile;u=220370;sa=showPosts |
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Is there an independent wallet from BTC wallet?
no. |
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