cryptx (OP)
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November 08, 2013, 11:07:34 AM |
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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$/board)
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hephaist0s
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November 08, 2013, 11:10:07 AM |
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It may be worth re-evaluating the decision to continue to sell hardware. With the exchange rate hike, we'll on'y be getting 2btc per blade. With the delay in shipment by hashfast and cointerra, I believe we would be better served to continue mining.
The growing Difficulty will PWN the blades, better to sell the blades if people pay good BTC(of course not selling for 2BTC, no way). Even at 400$ 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.
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Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
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cryptx (OP)
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November 08, 2013, 11:10:38 AM |
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FOURTH DIVIDEND DUE IN 5 HOURS
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Foebar
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November 08, 2013, 11:59:31 AM |
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cryptx
any updates regarding the launch of the official mining operations in december? Are you guys on track for that deployment?
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LighningChun
Jr. Member
Offline
Activity: 56
Merit: 10
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November 08, 2013, 03:51:07 PM |
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newsletter from cointerra. you guys have checked it?
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BongaManollo
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November 08, 2013, 04:13:01 PM |
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newsletter from cointerra. you guys have checked it?
Looks promissing that letter.
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hephaist0s
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November 08, 2013, 04:15:41 PM |
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131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.
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Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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November 08, 2013, 04:23:04 PM |
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131108 dividend received: 0.0035714/share, or 5.49% of IPO price. Which is delightful.
Boom
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cryptx (OP)
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November 08, 2013, 04:28:47 PM |
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Last dividend of 226,77BTC consists of: - Revenue of 1 week mining (no costs deducted)
- Hardware sales of 35 boards
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frito
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November 08, 2013, 04:35:20 PM |
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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?
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frito
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November 08, 2013, 04:40:13 PM Last edit: November 08, 2013, 04:54:40 PM by frito |
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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.
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cryptx (OP)
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November 08, 2013, 04:55:59 PM |
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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 ;-) )
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frito
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November 08, 2013, 06:05:44 PM |
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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.
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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November 08, 2013, 06:06:39 PM |
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2.885 BTC is too little.
Which is why he stopped selling them We have suspended all sales yesterday. We will give an update of sales so far soon.
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frito
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November 08, 2013, 06:08:18 PM |
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2.885 BTC is too little.
Which is why he stopped selling them 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.
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cryptx (OP)
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November 08, 2013, 06:32:57 PM |
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2.885 BTC is too little.
Which is why he stopped selling them 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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altoidmintz
Full Member
Offline
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
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November 08, 2013, 08:04:49 PM |
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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!
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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November 08, 2013, 08:11:46 PM |
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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
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BongaManollo
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November 08, 2013, 08:13:46 PM |
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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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mvidetto
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November 09, 2013, 03:08:24 AM |
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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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