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ujka
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December 11, 2013, 10:28:21 AM |
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That spreadsheet shows calculations per retarget period (10 days). "Per week" numbers would be a little less (*7/10)
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Morguk
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December 11, 2013, 02:52:43 PM
Last edit: December 11, 2013, 03:08:37 PM by Morguk |
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That spreadsheet shows calculations per retarget period (10 days). "Per week" numbers would be a little less (*7/10)
Ah, didn't see that! OK to answer the guys question again. 20 shares, BTC per 10 days: 0.0749, per month: 0.225. |
Calculate the chance of hitting a bitcoin block when solo mining at |
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EdoBcn
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December 11, 2013, 03:17:05 PM |
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Thanks  I'll try. Eventually coming back here to cry in few weeks  |
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IamNotSure
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December 11, 2013, 11:27:24 PM |
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From my rough calculations (don't expect them to be reliable  ): 0.0749 BTC a week and 0.299 BTC a month. 30% /month ? Isn't that too good to be true ? |
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altoidmintz
Full Member
 Offline
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
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December 12, 2013, 12:02:04 AM |
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From my rough calculations (don't expect them to be reliable ): 0.0749 BTC a week and 0.299 BTC a month. 30% /month ? Isn't that too good to be true ? Continue reading down the thread...They forecast about 22.5%/mo. I would expect less than that but I still think it is a great investment. Where else can you get the hash power/cost in such a time frame? |
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Morguk
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December 12, 2013, 10:29:27 AM |
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From my rough calculations (don't expect them to be reliable ): 0.0749 BTC a week and 0.299 BTC a month. 30% /month ? Isn't that too good to be true ? Where else can you get the hash power/cost in such a time frame? Exactly, I don't understand why many haven't yet jumped on this.. |
Calculate the chance of hitting a bitcoin block when solo mining at |
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ujka
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December 12, 2013, 11:49:41 AM |
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Because many paid for a knc,hashfast,cointerra,..miner and expect a break even in 10 days! Not some 30% /month.
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Morguk
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December 12, 2013, 02:38:31 PM |
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Because many paid for a knc,hashfast,cointerra,..miner and expect a break even in 10 days! Not some 30% /month.
That's true, but not everyone can afford one of those! |
Calculate the chance of hitting a bitcoin block when solo mining at |
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ujka
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December 12, 2013, 04:22:01 PM |
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Because many paid for a knc,hashfast,cointerra,..miner and expect a break even in 10 days! Not some 30% /month.
That's true, but not everyone can afford one of those! Right. Thats why I invested here. |
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 14, 2013, 09:25:37 PM |
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How much late delivery compensation will Cointerra provide for not shipping until Feb?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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altoidmintz
Full Member
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Activity: 180
Merit: 100
After Economics: Learning is just the first step.
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December 15, 2013, 03:55:51 PM |
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How much late delivery compensation will Cointerra provide for not shipping until Feb?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
Theoretically they would compensate +44% H/s, but where have you heard such a date for batch 1? Bumpout for batch 1 is Dec 21 which means they are on schedule for a January ship out unless I've missed something. Any links to share about this Feb thing? |
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ujka
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December 15, 2013, 04:10:27 PM |
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There are no such links. Ignore him like many do.
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altoidmintz
Full Member
Offline
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
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December 15, 2013, 05:34:45 PM |
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There are no such links. Ignore him like many do.
+1 I didn't notice his 'ignore.' |
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supermono
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December 16, 2013, 05:43:22 AM |
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Currently I have a Havelock account, but with a different email address than my address on Cryptostocks. I understand that as part of the migration process to Havelock, I need to create a new Havelock account with my same email address as Cryptostocks.
I'm having some issues with my email right now (unable to send or receive emails) and may not be able to set up a Havelock account with the same email address as my Cryptostocks account until I get my email fixed. This may take a few days. If I'm not able to get the new Havelock account set up by December 17 when the shares are supposed to be transferred, will Havelock keep trying to import my share once a day for the next week or two? I want to make sure I don't lose out on having my shares migrated because of this.
Thanks!
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cryptx (OP)
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December 16, 2013, 07:47:46 AM |
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Whats planned for Feb and March?
240 TH isn't a whole lot for Jan plus if KNC decides to delivery early, say Feb or March your screwed.
240 TH/s will be deployed when all 100,000 shares are sold. Otherwise it will be 2.4 GH/s per share. We have a contract to purchase an extra 100TH end January/early February. |
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cryptx (OP)
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December 16, 2013, 07:55:39 AM |
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How much late delivery compensation will Cointerra provide for not shipping until Feb?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
Theoretically they would compensate +44% H/s, but where have you heard such a date for batch 1? Bumpout for batch 1 is Dec 21 which means they are on schedule for a January ship out unless I've missed something. Any links to share about this Feb thing? From our website: http://www.peta-mine.co/peta-mine/PETA-MINE start of deployment is scheduled early January, 2014. The CryptX management team is well aware of the importance of timing the mine’s deployment. It is also aware of the very poor track record of meeting time schedules in the Bitcoin mining space and recognize that potential sources of such delays include chip failure, PCB failure, or chip delivery problems. CryptX will protect PETA-MINE shareholders against such delays by adding 20% additional hash power for each 30 days the company exceeds its target deployment date.
For example, if CryptX ultimately deploys the mine after mid January, 2014, an additional 30 TH/s of power will be added to the PETA-MINE completely free of charge to shareholders, and each share will be entitled to 2.88 GH/s of hash power. If the company starts deployment after mid February, 2014, it will add an additional 20% on top of the previous 20%. In that case, each share would be entitled to 3.45 GH/s of hash power.We will deploy an extra 20% if the mining starts after mid January. Because the mine is now at 2.4 GH/s per share, we will deploy a minimum of ~33 TH/s extra. It all depends at the amount of shares sold at the moment of deployment. |
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MPOE-PR
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December 16, 2013, 03:21:04 PM |
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For example, if CryptX ultimately deploys the mine after mid January, 2014, an additional 30 TH/s of power will be added to the PETA-MINE completely free of charge to shareholders, and each share will be entitled to 2.88 GH/s of hash power. If the company starts deployment after mid February, 2014, it will add an additional 20% on top of the previous 20%. In that case, each share would be entitled to 3.45 GH/s of hash power.
We will deploy an extra 20% if the mining starts after mid January. Because the mine is now at 2.4 GH/s per share, we will deploy a minimum of ~33 TH/s extra. It all depends at the amount of shares sold at the moment of deployment.
So if you can't deliver, you'll deliver extra. Planning. This is not it. |
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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December 16, 2013, 07:22:15 PM |
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Just logged into my havelockinvestments account and noticed that all of my petamine shares transferred seemlessly over from cryptostocks! After having experienced BitFunder and WeExchange not to mention btco in their full glory, I have to say this went down silky smooth |
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Vexatious
Member
Offline
Activity: 119
Merit: 10
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December 16, 2013, 07:25:34 PM |
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Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
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BTC Address: 1LKrhNXUDBZANdtqzE3Au9xjFHVCADfc9S
SolarCoin address: 8dDpPHrRBedyWBzxvbXD3paGkDjJkPRN2i
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crumbs
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December 16, 2013, 10:05:24 PM |
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Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one... |
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