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NotLambchop
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July 15, 2014, 01:55:30 AM |
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B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
B.MINE is more eco-friendly--it uses zero energy! Unlike PETA, it doesn't waste 50c/KWH free-range-solar-hippy power--power which could be put to better uses, like smelting aluminum and tasing poor people! |
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EternalWingsofGod
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July 15, 2014, 02:39:49 AM |
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Dillution included and share price and dividend decrease proprtionatly plus increasing hash rate on the network of 3%
How many days at 0.007% a day will it take to match share price?
142 days of no increases = 5.5 Months I think
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Puppet
Legendary
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Activity: 980
Merit: 1040
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July 15, 2014, 05:43:24 AM |
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B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
What is the difference from an investor POV? |
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dyask
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July 15, 2014, 06:09:33 AM |
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B.MINE is vitural, there isn't any mining at all. PETA is based on real mining. These are two very different things.
What is the difference from an investor POV? B.Mine dividends are completely predictable and you can also take a short position with B.Sell. I'm currently short. The pair are linked by a NAV value so when one goes up the other goes down. If that doesn't happen then you can take profits by buying B.EXCH which gets converted to a B.Mine, B.Sell pair and then selling the pair. If the prices are too low to the NAV you can sell the pairs back to the manager who will buy then for 98% of the NAV price. The NAV value is computed daily. The B.MINE dividends are computed based on the difficultly and there isn't any fees or variance. There is also a clearly defined end game where all positions will be closed. PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA. As I stated they are two very different things. |
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Puppet
Legendary
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Activity: 980
Merit: 1040
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July 15, 2014, 06:25:40 AM |
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B.Mine dividends are completely predictable and you can also take a short position with B.Sell. I'm currently short. The pair are linked by a NAV value so when one goes up the other goes down. If that doesn't happen then you can take profits by buying B.EXCH which gets converted to a B.Mine, B.Sell pair and then selling the pair. If the prices are too low to the NAV you can sell the pairs back to the manager who will buy then for 98% of the NAV price. The NAV value is computed daily. The B.MINE dividends are computed based on the difficultly and there isn't any fees or variance. There is also a clearly defined end game where all positions will be closed.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that? |
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Anotheranonlol
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July 15, 2014, 07:42:27 AM
Last edit: July 15, 2014, 11:15:44 AM by Anotheranonlol |
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So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that?
How are you calculating the premium? |
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dyask
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July 15, 2014, 07:43:55 AM |
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B.Mine dividends are completely predictable and you can also take a short position with B.Sell. I'm currently short. The pair are linked by a NAV value so when one goes up the other goes down. If that doesn't happen then you can take profits by buying B.EXCH which gets converted to a B.Mine, B.Sell pair and then selling the pair. If the prices are too low to the NAV you can sell the pairs back to the manager who will buy then for 98% of the NAV price. The NAV value is computed daily. The B.MINE dividends are computed based on the difficultly and there isn't any fees or variance. There is also a clearly defined end game where all positions will be closed.
PETA - It just pure mining, there are fees, luck and tons of variance. There isn't any special plays possible with it. You can only be long on PETA.
As I stated they are two very different things.
So basically the only real difference is pool variance, which is a non issue that evens out over time and if anything, is a con, not a pro. So why would anyone pay 40% premium for that? Huh? How did you get that?  Key differences - B.Mine dividend is more than 50% greater than PETA (Average over the last 2 days, B.Mine is paying .00145 / share or .00029 / GH/s) - B.Sell pays you the amount you lose in mining gains (over 200 days) each difficulty change - Price of B.Mine + B.Sell ~= daily NAV ... they are linked and you can trade them that way - There is an end game so there won't be any bagholders at the end. So B.Mine offers better income, more trading options and more predictability. Right now B.Sell is undervalued (I believe) and so B.Mine is overvalued. Price chances often. |
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pumawolf
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July 15, 2014, 08:57:03 AM |
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is it possible to convert peta into a virtual mining operation similar to b mine b sell, liquidnate all the hardware to add to the btc pool.and with no hosting cost it should add more to the value ?
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Anotheranonlol
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July 15, 2014, 11:17:07 AM |
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Huh? How did you get that? Well based on shareprice only, seems PETA is 40% cheaper than B.MINE in this moment, Although I don't think that is what he is referring to.. |
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crino
Member
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Activity: 82
Merit: 10
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July 15, 2014, 12:46:03 PM |
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0.00001684 BTC/share today. Going down...
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tragor
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July 15, 2014, 02:23:36 PM |
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yesterday was unexpectedly high, it's going back on track https://i.imgur.com/FugR6gV.jpgthe share price has gone up a tiny bit though |
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kulegutten
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July 15, 2014, 03:57:36 PM |
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And, it's down again to 0.0026 BTC/share. Nice diagramming, using what software or website did you make this? |
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tragor
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Activity: 36
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July 15, 2014, 04:45:52 PM |
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And, it's down again to 0.0026 BTC/share. Nice diagramming, using what software or website did you make this?
Aaaand back up at 0.00283 / 0.00279, it keeps fluctuating. The software is Numbers, Apple's prettier version of Excel. There's also a (free beta) web version if you want to try it on a PC, you just need an iCloud account. It might not have all the function a professional needs, but it's perfect for casual tables and graphs. Anyway, if dividends keep going like this I should brake even on my tiny just-to-try-it investment by the end of the week. I'll update the graph in the next days. |
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NotLambchop
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July 15, 2014, 05:41:48 PM |
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Anyway, if dividends keep going like this I should brake even on my tiny just-to-try-it investment by the end of the week. I'll update the graph in the next days.
Wait, "by the end of the week"?! Through dividends?! You sure you're using that Numbers thing right right? |
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tragor
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July 15, 2014, 06:25:17 PM
Last edit: July 15, 2014, 06:37:05 PM by tragor |
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You're totally right, my mistake, I was leaving for lunch and didn't pay attention. My experiment was this: I put BTC0.0495 and bought a single 0.0480 share (with 0.0015 left in the account) After the split I bought a couple shares for 0.0056 (0.0028*2) with dividends money, so I have 16 shares. If I sell them now (at the current 0.0028 sell price) I get BTC0.0449, but I earned a few more dividends so I'm actually at BTC0.0465. That's 3 mBTC from even, which is not that far away. Oh well, I won't lose sleep over those 1-2 bucks even if I lose them. I did another similar experiment and got away with a "huge" 15mBIT profit, so I'm still in the green area overall. Don't invest more than you're willing to lose, it doesn't matter if it's btc or usd  [edit] sorry, multiple edits to fix the new math |
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NotLambchop
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July 15, 2014, 06:39:28 PM |
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Oh, gotcha. Don't worry about the divs, in that case--the price moves far more than a week's worth of divs every day, I'm [pretty]sure you could get out with a profit.
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tragor
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July 16, 2014, 02:29:27 PM |
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New dividends at 0.00001979, confirming that this week should close with a total dividend around 1.7-1.8 mBTC/oldShare.
newShares are still floating around 2.8 mBTC.
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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July 16, 2014, 04:34:47 PM |
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0.00001684 BTC/share today. Going down...
Well on our road to zero that's for sure. Only going to get worse from here sadly. Interesting to note that daily dividend and hosting/admin costs are no longer being published by CryptX team that I could find. I know it's 7X the amount of work as before given payouts have gone from Daily to Weekly but given how much cryptx is earning of his hosting fee's I find it curious he can't either pay somebody or take 15 minutes out of the day to publish daily hosting/admin costs along with total dividends paid out. Has anybody run the numbers comparing BTC mined at public address vs. what is actually getting paid out to see if they are still inline with previous weekly figures? |
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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_biO_
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July 16, 2014, 04:36:42 PM |
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I'd guess they will be posting more detailed info once a month or something...
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This signature refers to itself.
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runam0k
Legendary
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Activity: 1092
Merit: 1001
Touchdown
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July 16, 2014, 04:50:11 PM |
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Well on our road to zero that's for sure. Only going to get worse from here sadly. Divs will obviously go down, since we are not reinvesting, but since we started with the daily divs, it has been: 2014-07-16 0.000019792014-07-15 0.00001684 2014-07-14 0.00002086 2014-07-13 0.00001704 2014-07-12 0.00001724 So today is up from yesterday and the 2nd highest div for 5 days. |
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