[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)

[nwfella]

I assume the 15 + 20 desks have been set up. That's great !
What's next ? Can you give us an update cryptx ?

43 desks have been set up.

Week 11 finished with a delay of 230 TH or about 200%!
Week 12 ?   150 TH? 280 TH delay or 250%?

Bitmine did another (3rd) revision of a rig board and delayed rigs for two more weeks.
I don't expect new hardware this week  

Wow...just wow.  This situation will go from bad to worse if what you say is true.

That is true, its from the news articles bitmine posted on the 16th.

But how can it go from bad to worse?
If you read the articles they are aware of the backlog and working to ramp up production to make up for it, they have also triggered the protection from delayed orders, so 2 things are going to happen. 1) Because of the board revision we will likely see even faster hardware when it comes online and 2) We will likely get even more hardware to make up for the delay.
Not to mention the self designed and implemented hardware that should only be a few weeks out if they are still on schedule.

Again, still holding here.
I have learned the hard way with investing, you have to look at the big picture and not trade on emotion.
If you did your DD and decided that something was worth investing in, you need to stay the course and not jump at every loud noise.

lmao!!  you telling me to quit with the manopause here?!?!  Fair enough, I'll try to quit being so dang jumpy

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[DropDead.Be]

I'm fishing for intel about them deliveries this week, probably in vain but it's worth a try I guess.

110 TH/s is 0.3 % of global network hashrate BTW

[ujka]

 
I'm NOT jumping at every loud noise.
I'm here from september '13, and what the heck, can wait a little more. Anyway, in all that time, was there an investment more sound/solid then PETA? Buying BitMAIN hardware maybe?

Still have hope in CryptX and developement of own hardware.

[altoidmintz]

Delayed for 2 weeks? Ya, we know how that goes.

[rdyoung]

Delayed for 2 weeks? Ya, we know how that goes.

Normally I would agree, but bitmine appears to be leaps and bounds above the rest.

[ujka]

I was wrong about no new hardware this week - there must be something new hashing on 'default' worker - 52Th/s is 22 min average.
Just keep on going, CryptX.

[Foebar]

@Cryptx

Why change the nmc address in Eligius from NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7  to  N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

What about mining income generated before the change?

Please clarify

[stompysteve]

@Cryptx

Why change the nmc address in Eligius from NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7  to  N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

What about mining income generated before the change?

Please clarify

Didnt eligius get hacked and everyone's NMC address changed, maybe they just used a new one after?

New miners up
default      
12 Hours   45.14 Th/s   454039760
3 Hours   50.24 Th/s   126324320
22.5 Minutes   55.60 Th/s   17476160

[howardb]

@Cryptx

Why change the nmc address in Eligius from NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7  to  N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

What about mining income generated before the change?

Please clarify

Didnt eligius get hacked and everyone's NMC address changed, maybe they just used a new one after?

New miners up
default      
12 Hours   45.14 Th/s   454039760
3 Hours   50.24 Th/s   126324320
22.5 Minutes   55.60 Th/s   17476160

I'll ask the question again (did not see any responses last time). Surely at these hash rates we should be considering coming out of the eligius pool and going solo?

[stompysteve]

@Cryptx

Why change the nmc address in Eligius from NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7  to  N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

What about mining income generated before the change?

Please clarify

Didnt eligius get hacked and everyone's NMC address changed, maybe they just used a new one after?

New miners up
default      
12 Hours   45.14 Th/s   454039760
3 Hours   50.24 Th/s   126324320
22.5 Minutes   55.60 Th/s   17476160

I'll ask the question again (did not see any responses last time). Surely at these hash rates we should be considering coming out of the eligius pool and going solo?

We are almost at the turning point I feel like, we have almost found a block per day the past 4 days, guess luck though

[IamNotSure]

Here we go, new hardware today ! 120+ Th/s

Enjoy 2 or 3 troll-free days 

IMO, the turning point for solo mining would be 25 BTC/day and hope for a regular block a day.

Until now, CryptX has delivered. Not always in time but it seems that's mission impossible with all the manufacturer delays.

An update about the delivered hardware and the upcomming hardware could be nice from them but we're not in a hurry (or I should say, in mining, we are always in a hurry...)

[MonkeyBear68]

We now are at #6 on the list of Top Contributors at Eligius:

http://eligius.st/~wizkid057/newstats/topcontributors.php

Last week we were at #7, so CryptX has improved our relative position to others. Our percentage of the Eligius pool is 2.6117%. Eligius currently provides 13% of the total BTC Hash power as shown by:

http://blockchain.info/pools

This means PETA provides 13% * 0.026117 = 0.339521% of the total BTC Hash power. We are 1/6 the way to the stated goal of providing 2% of the World Hash power.

[jessebtc]

I'll ask the question again (did not see any responses last time). Surely at these hash rates we should be considering coming out of the eligius pool and going solo?

Previously I would have said why bother if eligius' fee is 0% (which I'm unclear as to how they fund their operation - all donations?) but given the ~4.5 days of non-payout last week I'd vote go solo as soon as it makes sense.  I like the charts and graphs but several days of payout delay is disappointing and mildly worrisome.

I don't understand the details of how eligius prioritizes payouts so it could be that last week's 50 btc (!) accumulated payout delay is 'normal' but clearly it affects PETAs weekly distributions.  I'd rather have payouts be affected by blockfinding luck than eligius internal operations.  Not sure we are at the point where the luck factor is small enough spread over a week to go solo but as long as PETA hashrate grows faster than difficulty it will steadily improve.

All that said - if PETA goes solo having similar charts & graphs to eligius is pretty important for all us feverish shareholders and potential sharebuyers.  So unless there is a good replacement for those somehow maybe we should stay.

Just my 2c
J

[JstnPwll]

All that said - if PETA goes solo having similar charts & graphs to eligius is pretty important for all us feverish shareholders and potential sharebuyers.  So unless there is a good replacement for those somehow maybe we should stay.

I agree, having a dashboard display of hashrate and BTC mined is important for shareholder trust. We need to see what is happening. If this is feasible while solo mining, I say let's go for it.

[stompysteve]

All that said - if PETA goes solo having similar charts & graphs to eligius is pretty important for all us feverish shareholders and potential sharebuyers.  So unless there is a good replacement for those somehow maybe we should stay.

I agree, having a dashboard display of hashrate and BTC mined is important for shareholder trust. We need to see what is happening. If this is feasible while solo mining, I say let's go for it.

Asicminer did it when they were mining solo, I think the hashrate stats were based off blocks found though so being more lucky bumps the hashrate up. Anyone know if this is how it worked?

[michaelGedi]

All that said - if PETA goes solo having similar charts & graphs to eligius is pretty important for all us feverish shareholders and potential sharebuyers.  So unless there is a good replacement for those somehow maybe we should stay.

I agree, having a dashboard display of hashrate and BTC mined is important for shareholder trust. We need to see what is happening. If this is feasible while solo mining, I say let's go for it.

Asicminer did it when they were mining solo, I think the hashrate stats were based off blocks found though so being more lucky bumps the hashrate up. Anyone know if this is how it worked?

yes, the stats are run by a shareholder not directly affiliated with asicminer:

http://asicminercharts.com/live/

[trek27]

500TH (aka 100TH) mine listed on Picostocks.com mined solo for a few months. We could argue what caused their under-performance. Finally they moved to BTC Guild:

https://picostocks.com/docs/view/97

[Foebar]

@Cryptx

Why change the nmc address in Eligius from NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7  to  N6a18WfxGRmyzLhAMmzXGokAXt5PizB28B

What about mining income generated before the change?

Please clarify

Didnt eligius get hacked and everyone's NMC address changed, maybe they just used a new one after?

Both addresses don't show up in the list of addressess used by the hack, the first one has also been active for a while.

I'd really like cryptx to clarify because 500 NMC could be nicely converted into divs

[stompysteve]

Regarding tomorrow’s dividend, we will also convert currently mined NMC’s to BTC and include them in the payout (currently about 324 NMC which equates to about 1.8 BTC at current market rate).

Meanwhile we thank everyone for their patience and trust as we continue to work hard for the success of this project.

At the NMC address configured in Eligius (NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7) I find a balance of 456 NMC http://bitinfocharts.com/namecoin/address/NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7

Could you verify that this is indeed the main Cryptx Mining NMC address?

I dont see this questions was answered either?

[vvhiteknight]

I disagree, stick to eligius and not go solo. Eligius has been around for ages and has shown them selves to be trustworthy.

Why add variance into the mix when we can avoid it?