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Author Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)  (Read 565621 times)
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kenmomotaro
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June 21, 2014, 06:35:22 AM
 #3981

Just cast my vote for p2pool.  Let's get this party started.

Vote for P2Pool too!  And ready to point my miner to it.
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June 21, 2014, 07:45:35 AM
Last edit: June 21, 2014, 08:08:30 AM by Collider
 #3982

0% fees p2pool is great Smiley
It supports the basic principle of Bitcoin: decentralization

Also nice that it also pays NMC.

Also, many more people should join p2pool once it increases in hashpower.

Raskul is currently setting up an Iceland p2pool node, and from my hosted unit in Iceland i get pings of under 1ms to it Smiley
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June 21, 2014, 08:09:25 AM
 #3983

How are you guys voting? And is there anyway to set Havelock to automatically re-invest dividends?

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June 21, 2014, 08:15:03 AM
 #3984

Looking at PETA order book , unfortunately only conclusion is people are looking to get out , Asks looks scary.

But that doesnt undermine excellent job CryptX & team have done so far.
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June 21, 2014, 08:36:28 AM
 #3985

Price is at a 7-day high, i don´t know what you are complaining about Smiley
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June 21, 2014, 08:43:49 AM
 #3986

Price is at a 7-day high, i don´t know what you are complaining about Smiley

You went to the same school as Usagi ?

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June 21, 2014, 08:57:25 AM
 #3987

The sell side is always bigger on Bitcoin exchanges because of low volume and because nobody simply holds large amounts of bitcoin in there.

What counts is the actual price trades are completed at...

Especially with Data Tank IPO shortly, nobody just has huge funds lying around on the buy side.
That doesn´t mean they wouldn´t buy it at a lower price though.

Nobody is stupid enough to have large sums in an exchange, you have them in your secured wallet. Why trust anyone with your private keys?

For all the outlined reasons, you cannot compare the market depth of a bitcoin exchange to that of a traditional exchange.
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June 21, 2014, 09:05:49 AM
 #3988

There is a difference between weak, and virtually non existant. This is what  weak looks like (asicminer):



Quote
What counts is the actual price trades are completed at...

Yep, definately same school as Usagi.
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June 21, 2014, 09:15:09 AM
Last edit: June 21, 2014, 09:37:23 AM by Collider
 #3989

Quite plainly, i couldn´t give anything what you think about it.

Is it overpriced price per GH? yes.

More than other hosted gh? no. As such, the price seems fair and will most likely mirror the one per GH on cex.

In fact, it has lower power costs than on cex.
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June 21, 2014, 09:38:35 AM
Last edit: June 21, 2014, 10:05:03 AM by Puppet
 #3990

Quite plainly, i couldn´t give anything what you think about it.

Is it overpriced price per GH? yes.

More than other hosted gh? no. As such, the price seems fair and will most likely mirror the one per GH on cex.

Cex.io is even more bonkers, Ill give you that. You'd also have to be an idiot to buy hosted mining at cointerra, but they charge $3M/PH for 12 months or 5.11 BTC/TH per year
Peta mining is currently 4.66 BTC/TH
but you have to factor in the loan 538 BTC /1150TH =0.47 BTC/TH
and you have to factor in hosting fees 73 BTC/week  / 1150TH * 52 weeks= 3.3 BTC/TH/year

Total 4.66 + 0.47 + 3.3 = 8.43 BTC/ TH/year

Heck, its actually even more expensive than cex.io!
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June 21, 2014, 11:42:45 AM
 #3991

Quite plainly, i couldn´t give anything what you think about it.

Is it overpriced price per GH? yes.

More than other hosted gh? no. As such, the price seems fair and will most likely mirror the one per GH on cex.

Cex.io is even more bonkers, Ill give you that. You'd also have to be an idiot to buy hosted mining at cointerra, but they charge $3M/PH for 12 months or 5.11 BTC/TH per year
Peta mining is currently 4.66 BTC/TH
but you have to factor in the loan 538 BTC /1150TH =0.47 BTC/TH
and you have to factor in hosting fees 73 BTC/week  / 1150TH * 52 weeks= 3.3 BTC/TH/year

Total 4.66 + 0.47 + 3.3 = 8.43 BTC/ TH/year

Heck, its actually even more expensive than cex.io!

CEX.IO: 7.4 BTC/TH + maintenance cost 0.26 USD/GHS/month = 3120 USD/TH/year = 5,2 BTC (@600 USD/BTC)

Total 7.4 + 5.2 = 12.6 BTC/TH/year
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June 21, 2014, 11:46:33 AM
 #3992

Quite plainly, i couldn´t give anything what you think about it.

Is it overpriced price per GH? yes.

More than other hosted gh? no. As such, the price seems fair and will most likely mirror the one per GH on cex.

Cex.io is even more bonkers, Ill give you that. You'd also have to be an idiot to buy hosted mining at cointerra, but they charge $3M/PH for 12 months or 5.11 BTC/TH per year
Peta mining is currently 4.66 BTC/TH
but you have to factor in the loan 538 BTC /1150TH =0.47 BTC/TH
and you have to factor in hosting fees 73 BTC/week  / 1150TH * 52 weeks= 3.3 BTC/TH/year

Total 4.66 + 0.47 + 3.3 = 8.43 BTC/ TH/year

Heck, its actually even more expensive than cex.io!

Did you just divide market cap by last 1hr mining to get BTC/TH?. You know full well shareholders are not buying fixed mining contracts. with PETA, as the mine expands so does the amount each share is entitled to proportionally. . This is in stark contrast to CEX or Cointerra. You also understand that the price of hardware in BTC goes down over time, along with the hosting fee. A loan is a one off payment and not calculated throughout the entirety of the project as you've tried to suggest. A decision can be made to strategically replace hardware, or liquidate entirely, as shareholders in this operation own the hardware. A decision can also be made on reinvestment percentages

About your depth charts, (which are generally weak all around the board on havelock) let's just look at the volume

Code:
AM1	26206	฿0.20120000	buy/sell	฿7.9	฿168	฿5273	฿0.00006500		1.68%	No
AM100 325500 ฿0.00180102 buy/sell ฿0.5 ฿8 ฿586 ฿0.00000062 1.79% No
PETA 77492 ฿0.06800000 buy/sell ฿99.0 ฿511 ฿5269 ฿0.0017        130.46%    No

Despite thin support on buy sides, I've seen shares asks filled more than bids.  

Here is ~24hours in AM

Code:
2014-06-21 04:52:47	2	฿0.20120000	฿0.4024
2014-06-21 02:25:33 1 ฿0.20120000 ฿0.2012
2014-06-20 22:48:46 1 ฿0.20100000 ฿0.2010
2014-06-20 22:48:45 1 ฿0.20100002 ฿0.2010
2014-06-20 18:25:55 1 ฿0.20980000 ฿0.2098
2014-06-20 18:25:55 1 ฿0.20980000 ฿0.2098
2014-06-20 18:25:54 1 ฿0.20970000 ฿0.2097
2014-06-20 18:25:54 1 ฿0.20964518 ฿0.2096
2014-06-20 18:25:52 1 ฿0.20964517 ฿0.2096
2014-06-20 07:33:04 4 ฿0.19420000 ฿0.7768
2014-06-20 07:33:00 1 ฿0.19429000 ฿0.1943
2014-06-20 07:32:57 1 ฿0.19430001 ฿0.1943
2014-06-20 07:32:53 1 ฿0.19440001 ฿0.1944
2014-06-20 07:32:49 14 ฿0.19500999 ฿2.7301
2014-06-20 07:32:46 3 ฿0.19600000 ฿0.5880
2014-06-20 07:32:42 3 ฿0.19617763 ฿0.5885
2014-06-20 07:32:38 3 ฿0.19620000 ฿0.5886
2014-06-20 07:26:40 2 ฿0.20010000 ฿0.4002
2014-06-20 07:25:54 1 ฿0.20020000 ฿0.2002
2014-06-20 04:42:17 3 ฿0.20500000 ฿0.615


Here is just 1.5 hours in PETA

Code:
2014-06-21 06:51:53	1	฿0.06800000	฿0.0680
2014-06-21 06:51:53 11 ฿0.06800000 ฿0.7480
2014-06-21 06:51:52 26 ฿0.06800040 ฿1.7680
2014-06-21 06:51:52 1 ฿0.06800042 ฿0.0680
2014-06-21 06:51:51 1 ฿0.06800076 ฿0.0680
2014-06-21 06:51:50 2 ฿0.06800276 ฿0.1360
2014-06-21 06:51:50 10 ฿0.06802163 ฿0.6802
2014-06-21 06:51:49 3 ฿0.06802253 ฿0.2041
2014-06-21 06:42:10 1 ฿0.06999900 ฿0.0700
2014-06-21 06:00:48 1 ฿0.07000000 ฿0.0700
2014-06-21 05:24:14 156 ฿0.07000000 ฿10.9200
2014-06-21 05:24:14 3 ฿0.07000000 ฿0.2100
2014-06-21 05:24:13 42 ฿0.07000000 ฿2.9400
2014-06-21 05:23:21 375 ฿0.06999999 ฿26.2500
2014-06-21 05:23:17 13 ฿0.06999777 ฿0.9100
2014-06-21 05:23:13 10 ฿0.06999775 ฿0.7000
2014-06-21 05:21:07 1 ฿0.06999575 ฿0.0700

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June 21, 2014, 11:49:22 AM
 #3993

Did you just divide market cap by last 1hr mining to get BTC/TH?. You know full well shareholders are not buying fixed mining contracts. with PETA, as the mine expands so does the amount each share is entitled to proportionally.

Nothing prevents you from reinvesting cex.io revenue or cointerra hosted mining revenue in whatever ratio you want and in whatever asset or equipment you want. The fact that with cryptx you are forced to reinvest half your revenue in the same sinking ship with overpriced hosting fees isnt a pro, its a (huge) con.



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June 21, 2014, 03:11:42 PM
 #3994

Nothing prevents you from reinvesting cex.io revenue or cointerra hosted mining revenue in whatever ratio you want and in whatever asset or equipment you want. The fact that with cryptx you are forced to reinvest half your revenue in the same sinking ship with overpriced hosting fees isnt a pro, its a (huge) con.
Keep fighting the good fight.
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June 21, 2014, 03:14:04 PM
 #3995

Meanwhile, back at the ranch...

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June 21, 2014, 04:25:27 PM
 #3996

Bitcoin Difficulty:   13,462,580,115
Estimated Next Difficulty:   16,553,627,942 (+22.96%)

Keep holding Peta & invest more.
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June 21, 2014, 09:01:50 PM
 #3997

I became a troll,  get out.

Did anybody adjusted Cryptx his Google document With the right numbers?

I did and sold my shares..
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June 22, 2014, 12:05:30 AM
 #3998

next week dividend guess: 0.00171831

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
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June 22, 2014, 06:06:26 AM
 #3999

Network is at 135PH.
1150/135K=8.5%

"oh no, we need reinvestments! or a loan"

Fun fact: at the current ~12% per week network growth. the loan would never get paid back in full,  and there would never be any funds for reinvestments, and the sum of all dividends would total ~0.01BTC
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June 22, 2014, 09:15:14 AM
 #4000

1150/135K=8.5%0.85%

I think you were too bullish.

It seems that a few people have been doing their math, because they are all running towards the exit, luckily they had a bit of PR on reddit.

I decided to no longer use a signature, because people were trolling me about it.
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