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

[skuser]

Those reduced fees make all the difference in the world:

Code:

2014-10-13	2014-10-13	0.00000068

Funny that no one here seems to mind the math doesnt add up. At all. Pitiful as divs are supposed to be, cryptx isnt even paying nearly as "much" as that.

Can you elaborate a bit on that? From what I can see on blockchain.info on October 13rd the income was BTC10.97, at $4k/daily costs there have been just peanuts left for dividend depending on what BTC/USD rate was used, at $380/BTC about .4BTC, so the dividend should have been even lower (half of what was paid).  $394 USD/BTC is the "correct" rate leading to dividend 0.00000068...But I agree he was lucky again because already at $365 we would have another zero div day

[1715565037]

1715565037

[Puppet]

Can you elaborate a bit on that

Each share = 1GH/s. 1GH mines 1437 satoshi's on average at todays difficulty and basically the same the previous period;
fees are $0.105 per GH per month, or  921 satoshi per day (@ $380/BTC). So on average you'd expect  ~500 satoshi divs.
You're getting about half that on average. And if its "bad luck", its been going on for a looong time.

[skuser]

Can you elaborate a bit on that

Each share = 1GH/s. 1GH mines 1437 satoshi's on average at todays difficulty and basically the same the previous period;
fees are $0.105 per GH per month, or  921 satoshi per day (@ $380/BTC). So on average you'd expect  ~500 satoshi divs.
You're getting about half that on average. And if its "bad luck", its been going on for a looong time.

Understood

[crino]

2014-10-14   2014-10-14   0.00000520

delicious crumbs Puppet! Thanks  

[troy112]

WOW! its too much variance. One day its 68sat or day its 500sat.
But you have to give credit for BTC price hike for today's hike
Hopefully this will last longer.....

[skuser]

2014-10-14   2014-10-14   0.00000520

delicious crumbs Puppet! Thanks  

OK you're trying to be sarcastic so please explain us why dividends day before were so pathetic when number of blocks mined by ghash.io was the same.
https://blockchain.info/blocks/GHash.IO

Cryptx is apparently doing anything he wants...

[Puppet]

2014-10-14   2014-10-14   0.00000520

delicious crumbs Puppet! Thanks  

Glad to see that makes you happy. How many of those before you break even on your investment ?
BTW, thats about the first time in recent history you get close to what you mathematically should expect. Close but still no cigar. With >$400/BTC, on average you should expect >560 satoshi. You're averaging half that recently. But hey, as long as you're happy!

[crino]

2014-10-14   2014-10-14   0.00000520

delicious crumbs Puppet! Thanks  

Glad to see that makes you happy. How many of those before you break even on your investment ?
BTW, thats about the first time in recent history you get close to what you mathematically should expect. Close but still no cigar. With >$400/BTC, on average you should expect >560 satoshi. You're averaging half that recently. But hey, as long as you're happy!

2014-10-15   2014-10-15   0.00000506

Thanks!

[stompysteve]

2014-10-14   2014-10-14   0.00000520

delicious crumbs Puppet! Thanks  

Glad to see that makes you happy. How many of those before you break even on your investment ?
BTW, thats about the first time in recent history you get close to what you mathematically should expect. Close but still no cigar. With >$400/BTC, on average you should expect >560 satoshi. You're averaging half that recently. But hey, as long as you're happy!

2014-10-15   2014-10-15   0.00000506

Thanks!

[skuser]

I smell zero div day today...
edit: didn't happen ฿0.00000085

[fonsie]

I recommend the following tool for the soon to be dust transactions.

[troy112]

I smell zero div day today...
edit: didn't happen ฿0.00000085

Wow its back to what it was... before the fees were reduced. But the price hasn't decreased much.. Are people still expecting something from this ?

[nwfella]

Just slapped a little black betty scam-ba-lam juju on CryptX's trust score.  I would encourage others to do the same.  Until these two asset's completely burn themselves out (shouldn't be much longer), I feel inclined to let others know CryptX, Petamine and crew should be avoided entirely.

[stompysteve]

price still stays at 0006
 

[skuser]

price still stays at 0006
 

Price at cex.io with the same maintenance fees is 4 times higher, maybe that's the reason. Also hashnest.com with the same fees charges about twice as much, so peta price is probably perceived as low one.

[fonsie]

price still stays at 0006
 

Price at cex.io with the same maintenance fees is 4 times higher, maybe that's the reason. Also hashnest.com with the same fees charges about twice as much, so peta price is probably perceived as low one.

Hmmm, that seem to be the WRONG answer.

There are still enough idiots willing to buy this piece of shit, would be the GOOD answer.

[kenmomotaro]

price still stays at 0006
 

Price at cex.io with the same maintenance fees is 4 times higher, maybe that's the reason. Also hashnest.com with the same fees charges about twice as much, so peta price is probably perceived as low one.

Hmmm, that seem to be the WRONG answer.

There are still enough idiots willing to buy this piece of shit, would be the GOOD answer.

And those "idiots" don't even know about PETA.  So they can't buy one.

[IamNotSure]

price still stays at 0006
 

Price at cex.io with the same maintenance fees is 4 times higher, maybe that's the reason. Also hashnest.com with the same fees charges about twice as much, so peta price is probably perceived as low one.

Hmmm, that seem to be the WRONG answer.

There are still enough idiots willing to buy this piece of shit, would be the GOOD answer.

And those "idiots" don't even know about PETA.  So they can't buy one.

I read a lot here that PETA are scammers, but I just think their greedy amateurs. Puppet posts are often spot on.

[CreativeMining]

I understand PETA-Mine is having some sort of trust issues. In the mean time I would suggest to have a look at Creative Mining IPO on Crypto-Trade.com. Each share currently equals to ~4.6Gh/s of hashing power, dividends are paid weekly.

[fonsie]

I understand PETA-Mine is having some sort of trust issues. In the mean time I would suggest to have a look at Creative Mining IPO on Crypto-Trade.com. Each share currently equals to ~4.6Gh/s of hashing power, dividends are paid weekly.

Oh boy, another scammer trying to steal the fools away from his competitor scammer. This is not Bitcoin it's finest moment.