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

[Vertikar]

Today payout day for 200 TH means minus 300% dividend to projected 700 TH. Shareprice drop to 0.025 expected soon.
 

That doesn't even make sense. I sense a bcmine clone.

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[BiteMyShinyMetalAss]

Today payout day for 200 TH means minus 300% dividend to projected 700 TH. Shareprice drop to 0.025 expected soon.
 

That doesn't even make sense. I sense a bcmine clone.

Maybe he is drunk or something... 

Hope we will see next 2 weeks huge deployment of Bitmine equipment!

[mikemikemike]

Today payout day for 200 TH means minus 300% dividend to projected 700 TH. Shareprice drop to 0.025 expected soon.

don't talk nonsense

Let me do you a favor.
I would like to buy all your shares at 0.03, that's a 20% premium.
PM me.

0.03, behave yourself. never sold any at 0.01 and if share price was 0.01 tomorrow woudln't either
It's transparent to see cryptx has serious intentions with this operation, small example being sales of chips added to dividends which could of easily gone under table. Any delay thus far is
caused solely by bitmine & cointerras incompetence and deceit. A1 chips sourced by massive luck investments under table deals and competent production lines in china can see to re-investment hardware delivered more quickly, We are at at less than 1/3 of planned initial deployment with only minimal
re-invesment and a declining btc price causing high hosting expenditure yet STILL on  a expected 60% yield- incredible return in traditional markets.
it will take 100 years of investment in AM today at current expected yields to return same % return of just 1 year here,yes AM is in a rough patch with big things to come, but yes same for peta

Once bitmine stops messing around with the rigs, and the re-investment starts flowing, and especially custom boards are implemented in this project will start going smooth like butter. andy early BTCT backers will be rewarded nicely for holding long term After that, assuming bitcoin price increases the outlook is even more favourable. They are in position to easily capture and maintain 1-2% of network (currently at 0.43%). You can calculate the returns based on that figure depending on your optimism. there is no liquidity on the books, it's manipulated by few traders runnig unsophisticated bots, any selling now at this price is short-sighted unless you can make more money short-term on btc volatility and buy back better position

"The way to hell is paved with good intentions." You say it.

-Because of difficulty rise, if you dont have your money after 6 months back, you cant make profit - that is the rule with XBT $500. No good operation works on less than 20% return a month back or you lose value. Traditional market comparison? Apples vs. Pears. Its technology.
-Price is dropping, no buyers. There will be no significant raise of GH in the next week, I promise, so the price will drop to 0.04 and further ....0,004 XBT per GH (see my calculations)

ohhh god dude i love you. usually i'd argue with you but your not worth it. plus anyone with half a brain knows your making it up as you go along.

lol its fucking hilarious watching your joke of a hedgefund crash and burn.

[EdoBcn]

cheap shares?
hummmmmm

(to be fair, few weeks ago I said I wouldn't sell a kidney to buy more shares... but this is too good )

[trek27]

Today's btc price action is encouraging. At least short term bottom could be in the makings. Of course, this does not create new trend but encouraging it is.

[ujka]

46.09390765 btc for dividends (was  48.55633648 last week)
0.00057136/share
it's on havelock.

[MonkeyBear68]

From the Dividends tab on the Havelock Website:

Date                Dividend

2014-02-28      0.00040211
2014-03-07      0.00042365
2014-03-14      0.00050213
2014-03-21      0.00063172
2014-03-28      0.00061162
2014-04-04      0.00060188
2014-04-11      0.00057136


This is discouraging. After peaking on March 21, despite all the new equipment, the weekly dividend payment is going down week after week.  

[nwfella]

From the Dividends tab on the Havelock Website:

Date                Dividend

2014-02-28      0.00040211
2014-03-07      0.00042365
2014-03-14      0.00050213
2014-03-21      0.00063172
2014-03-28      0.00061162
2014-04-04      0.00060188
2014-04-11      0.00057136


This is discouraging. After peaking on March 21, despite all the new equipment, the weekly dividend payment is going down week after week.  

+1, unless something drastic happens on this custom board front I suspect this trend will only continue :/

[ujka]

Drop in btc price took our divs down.

[ujka]

Drop in btc price took our divs down.

agreed

With only the current hardware (195 Th), and btc at $440 next friday, divs could be 0.00063. (difficulty won't change next 6-7 days).

[cryptx]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

[kenmomotaro]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

That is it. Next week is big show.

[Elvis Trout]

God dammit, was hoping custom boards wouldn't come online until I had bought up more cheap shares. Still, amazing news, this is so far my favourite crypto-stock. When the next BTC boom happens we are going to rake in the cash. Anyone want to sell 2 BTC worth of shares pm me.

[mikemikemike]

- Production of our own systems started and we expect first units to be ready by next week.

YES YES YES I FUCKING LOVE YOU CRYPTX

[VonSpecht]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

Dear CryptX, thank you for the update and all the good news!

Hosting Fee is indeed pretty high, as expected. Could it be possible to give a little more specific information, what are these main factors, that affects to Hosting Fees and how much (except BTC price)? And for example, if BTC will drop some 30-40% more, could we have a situation, where Hosting Fees are more than Dividends? Or more than Dividends and Reinvestments together? And could there be any method to reducing this currency volatility effect for Hosting Fees?

So I don't asking you to give your most confidential company information and definitely do not want to say that you should attempt to offset the possible losses of your investors from your own pockets. I just want to ask a little more transparency on this question, if possible? I would appreciate very much! Thanks again!

[Elvis Trout]

Aaaaand share price is up. Well thanks guys

[millenium]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

waiting next week, Thank you for this important update!!!

[EdoBcn]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

thanks!!!
good news!

[mikemikemike]

Dividend:

103.46617467 BTC in total from mining:
- 46.09390765 as Dividend (0.00057136 BTC / share)
- 24.81979643 Reinvestment
- 32.55247059 Hosting Fee

Status Update:
- Units bought with last week reinvestment funds will arrive on Tuesday, we will buy additional units with this weeks reinvestment (4TH for 24 BTC).
- 350 A1 Chips are still for sale.
- Production of our own systems started and we expect first units to be ready by next week.

Dear CryptX, thank you for the update and all the good news!

Hosting Fee is indeed pretty high, as expected. Could it be possible to give a little more specific information, what are these main factors, that affects to Hosting Fees and how much (except BTC price)? And for example, if BTC will drop some 30-40% more, could we have a situation, where Hosting Fees are more than Dividends? Or more than Dividends and Reinvestments together? And could there be any method to reducing this currency volatility effect for Hosting Fees?

So I don't asking you to give your most confidential company information and definitely do not want to say that you should attempt to offset the possible losses of your investors from your own pockets. I just want to ask a little more transparency on this question, if possible? I would appreciate very much! Thanks again!

BTC would have to drop near $150 before the hosting fee outweighs the payout.

[nwfella]

Nice update thanks cryptx.  Well crud, was thinking I might be able to buy another share with my earnings from todays dividend (yeah 1 man, some of us are small time here), but looks like share price has gone up quite a bit.

*Look at me...not happy when it's tanking...not happy when it get's just beyond my reach!!  Cryptx definitely seems to be shooting straight with us imho.

P.S.  Would be nice to get a breakdown of DVC/NMC/IXC coin revenue and where it get's directed too.  Personally I would love to see it go towards more hardware reinvestment.