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Author Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)  (Read 565622 times)
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cryptx (OP)
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November 08, 2013, 11:07:34 AM
 #101

It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.


Pls explain where you got 5.4 BTC? (this is 1675$/board)
hephaist0s
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November 08, 2013, 11:10:07 AM
 #102

It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.


The prices on the website were pegged in euros, so that's why dhenson was saying we'd only get ~2BTC per blade now. They won't sell for 5.4BTC/ea unless the exchange rate collapses. Even in the auction on the forum we were only getting 2.5-ish BTC/ea.

Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
cryptx (OP)
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November 08, 2013, 11:10:38 AM
 #103

FOURTH DIVIDEND DUE IN 5 HOURS
Foebar
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November 08, 2013, 11:59:31 AM
 #104

cryptx

any updates regarding the launch of the official mining operations in december?
Are you guys on track for that deployment?

LighningChun
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November 08, 2013, 03:51:07 PM
 #105

newsletter from cointerra. you guys have checked it?
BongaManollo
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November 08, 2013, 04:13:01 PM
 #106

newsletter from cointerra. you guys have checked it?

Looks promissing that letter.
hephaist0s
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November 08, 2013, 04:15:41 PM
 #107

131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.

Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
dhenson
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November 08, 2013, 04:23:04 PM
 #108

131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.

Boom
cryptx (OP)
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November 08, 2013, 04:28:47 PM
 #109

Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards

frito
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November 08, 2013, 04:35:20 PM
 #110

Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards



sup Crypto

What was the average selling price of the boards?
frito
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November 08, 2013, 04:40:13 PM
Last edit: November 08, 2013, 04:54:40 PM by frito
 #111

It may be worth re-evaluating the decision to continue to sell hardware.  With the exchange rate hike, we'll on'y be getting 2btc per blade.  With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.

The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way).
Even at 400$ per btc its better to sell blades for 5.4ish than mine.


Pls explain where you got 5.4 BTC? (this is 1675$/board)

Oh snap...
The auction for the 8 boards from the last week averaged about 3.4(which was at taht time about 520 EUR) and somehow I made 5.4 out of it.
sorry.

Doesnt change what I wrote i.e. I think you should auction a small batch(with a reserve price) to feel the market.

Because each board mines pretty much the same NOW as it did last week,
the pricing of the boards should be pretty much the same as well! i.e. if you sold for 3.4 last week when the exchange rate was 30% lower you should still price it(expect at auction) at about 3.4BTC-ish not 30% less.
cryptx (OP)
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November 08, 2013, 04:55:59 PM
 #112

Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards



sup Crypto

What was the average selling price of the boards?

The board sales totaled for about 101 BTC, which equals to 2.885 BTC (or a whopping 678€/board at current rates ;-) )
frito
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November 08, 2013, 06:05:44 PM
 #113

Last dividend of 226,77BTC consists of:

  • Revenue of 1 week mining (no costs deducted)
  • Hardware sales of 35 boards



sup Crypto

What was the average selling price of the boards?

The board sales totaled for about 101 BTC, which equals to 2.885 BTC (or a whopping 678€/board at current rates ;-) )


2.885 BTC is too little.
dhenson
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November 08, 2013, 06:06:39 PM
 #114

2.885 BTC is too little.

Which is why he stopped selling them  Wink

We have suspended all sales yesterday. We will give an update of sales so far soon.
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November 08, 2013, 06:08:18 PM
 #115

2.885 BTC is too little.

Which is why he stopped selling them  Wink

We have suspended all sales yesterday. We will give an update of sales so far soon.

We should vote about that also about the reserve price.
cryptx (OP)
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November 08, 2013, 06:32:57 PM
 #116

2.885 BTC is too little.

Which is why he stopped selling them  Wink

We have suspended all sales yesterday. We will give an update of sales so far soon.

We should vote about that also about the reserve price.

We have to be realistic about this. The market price changes every day, depending on exchange rate, difficulty, competition, etc

We cannot start voting after every change in one of these variables.

We have a pretty good inside in the mining environment and will adopt our choices to the current information.


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November 08, 2013, 08:04:49 PM
 #117

Cryptx I continue to high five you in my brain because of the outstanding results of Peta-Mine every Friday.

Thanks for doing a great job!

dhenson
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November 08, 2013, 08:11:46 PM
 #118

Cryptx I continue to high five you in my brain because of the outstanding results of Peta-Mine every Friday.

Thanks for doing a great job!

+1
BongaManollo
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November 08, 2013, 08:13:46 PM
 #119

Cryptx I continue to high five you in my brain because of the outstanding results of Peta-Mine every Friday.

Thanks for doing a great job!

+1

Kudo's en +5
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November 09, 2013, 03:08:24 AM
 #120

Two things:

1. Any chance of being able to buy direct shares?
2. How much hardware is waiting to be shipped from cointerra? (In Th/s please)
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