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

[tgdollaz]

Someone is dumping a lot of shares right below the block of leftover IPO shares under 0.05btc. I've been watching the trade history for a while and it seems that anytime a bunch of shares are purchased and take out the ask orders below the IPO block, someone comes in and places more for sale. Makes me a bit nervous because I've seen thousands of shares sell like that, so someone really want's to get out of a fairly sizable position. So I get that Cointerra should start shipping this week, but does anyone have insight about their other supplier delivery dates? Beginning to wonder why the big money got scared all of a sudden and If I should sit on the sidelines for a bit.

[spartan82]

Someone is dumping a lot of shares right below the block of leftover IPO shares under 0.05btc. I've been watching the trade history for a while and it seems that anytime a bunch of shares are purchased and take out the ask orders below the IPO block, someone comes in and places more for sale. Makes me a bit nervous because I've seen thousands of shares sell like that, so someone really want's to get out of a fairly sizable position. So I get that Cointerra should start shipping this week, but does anyone have insight about their other supplier delivery dates? Beginning to wonder why the big money got scared all of a sudden and If I should sit on the sidelines for a bit.

Theres nothing to worry about, people cash out all the time we dont know exactly why but it could be anything

[dhenson]

That was me adding shares just below IPO. I was just taking a smaller position. I still have 2/3 of my original amount and wasn't acting out of any insider knowledge or anything sinister. I'm not going anywhere.

[Wayne_Chang]

Any guesstimates: If mining started on February 1 and the additional power was added as expected in a month or so, what amount of dividends are we looking at by the time mining is finished relative to the .05 per share?

Just download their projection spreadsheet, and modify/correct some values to see some expectations for a year:
https://docs.google.com/spreadsheet/ccc?key=0AjI5bgsiFJAidFdzOTk1aXl6cS1zNG1nck5OZjRBeXc&usp=drive_web#gid=0

And it's a perpetual mine, so no 'mining finished' date.

Actually till now PETA Mine is not mining. The profit should be less than what was shown in this sheet.

[spartan82]

That was me adding shares just below IPO. I was just taking a smaller position. I still have 2/3 of my original amount and wasn't acting out of any insider knowledge or anything sinister. I'm not going anywhere.

'

There you go scaring everyone lol

[GreenBits]

im excited about this as well as a few other securities in the space right now. happy to see the upturn of the crypto-security markets. this, compared to the current cloud mining rates, is a pretty decent deal if they start hashing asap.

[dhenson]

That was me adding shares just below IPO. I was just taking a smaller position. I still have 2/3 of my original amount and wasn't acting out of any insider knowledge or anything sinister. I'm not going anywhere.

is you who keeps sneaking in 700 shares?

No, I'm done selling.  Those 700 share walls are not me, but I'm not worried about them.  As soon as we start mining the IPO wall will fall.

[BTC-Market]

I guess the "worst case" in the spreadsheet wasn't really the worst case.

[pleiotropik]

I confess to having owned and then sold and then jumped in a bit more... and then sold... was intuitively gaging my comfort zone of exposure to the risk of a company that doesn't have much to say when it does not meet its own deadlines. i lost about 200 millibitcoins in the process. 

I have a calendar for getting out once again if "Early january"  becomes ...Hmmm.  "Early 2014"?
 According to their own non-updated blurb in Havelock they would be getting more hashpower from other manufacturers around today. Perhaps we are dealing with a Buehler personality here.

[ujka]

Cointerra is now more then a month late with hardware (december order), bitmine is also late (january orders).
They are still tweaking their hardware and are not in production jet. Cointera said production starts next week and we are in first batch. Not sure how is with bitmine.
Those are two manufacturers cryptx has ordered hardware from. Both are late.

I'm not comfortable with this, too. Sold half. If mining starts soon, there is still that IPO wall to buy-in.

[mmitech]

I don't see why would you guys be afraid (just yet), there is 5 major players that you have to be looking at: Cointerra, Bitmine, Hashfast, BFL, KNC, no one of these except Hashfast, in which I am not sure is delivering any product yet, the fact that Cryptx did order from Cointerra and Bitmine means that you still stand a chance of turning out profits and this If they will be really transparent and honest with their operation.... I am really curiously watching to see how this will turn out for you.  good luck though     

[mruiter]

I don't see why would you guys be afraid (just yet), there is 5 major players that you have to be looking at: Cointerra, Bitmine, Hashfast, BFL, KNC, no one of these except Hashfast, in which I am not sure is delivering any product yet, the fact that Cryptx did order from Cointerra and Bitmine means that you still stand a chance of turning out profits and this If they will be really transparent and honest with their operation.... I am really curiously watching to see how this will turn out for you.  good luck though     

??


hashfast had been shipping the whole week!! Raming ip production this weekend

Don't you mis bitmaintech in you're list

Shipping antminers in the thousands x 200ghash is also a few 100's of terrahash.
Order an ant or 10 totdat and you have 2thash by the end of next week.

[mmitech]

I don't see why would you guys be afraid (just yet), there is 5 major players that you have to be looking at: Cointerra, Bitmine, Hashfast, BFL, KNC, no one of these except Hashfast, in which I am not sure is delivering any product yet, the fact that Cryptx did order from Cointerra and Bitmine means that you still stand a chance of turning out profits and this If they will be really transparent and honest with their operation.... I am really curiously watching to see how this will turn out for you.  good luck though     

??


hashfast had been shipping the whole week!! Raming ip production this weekend

Don't you mis bitmaintech in you're list

Shipping antminers in the thousands x 200ghash is also a few 100's of terrahash.
Order an ant or 10 totdat and you have 2thash by the end of next week.

I know, avalons Gen2 and antiminers and ASICMiner cubes, BFL Gen1....these devices are not massively sold as you would think, only noobs are buying them, my biggest fear is from the manufacturers that I listed before....

then again, HashFast customers are the most effected here, they were waiting for these prototypes with few months of delay now, they wont see any ROI or anything near that, but except Hashfast you stand a better chance of profit than any miner out there who bought the hardware directly.


the biggest key here is If Cryptx will be good at management and will honor their promises... I am thinking about investing but I will wait till Cryptx start getting hardware, I am sure the price of the shares will go up by then but better pay a bit more and be sure than wait and watch...

[mruiter]

Antminers are massivly sold.... Thats a fact.

and they still roi and make profit.


The cubes etc are slower....
But they are the cause of the big diff changes this last two months.

Yes , when coint and bitm start shipping all hell Will break lose.
Hashfast is shipping units for a week now and this weekend the production line is been prepared for highest production rate.
So next week they Will be fully ramped UP.

They were late just like all others with the exception of knc but the can produce Products  at high speed.
We are not talking about BFL that never have and Will produce anything at any speed here.

[ujka]

Antminers are massivly sold.... Thats a fact.

and they still roi and make profit.

The cubes etc are slower....
But they are the cause of the big diff changes this last two months.

I don't think cubes are the cause of that.
More like bitfury sales and that secret 'Discus Fish' pool - it's 3th biggest pool now with 13% of total network hashrate.

[currencydebt]

We should have a little pool to see who can guess the day we start hashing it out.

I guess February 17

[trek27]

Not that good news from Cointerra. cointerra.com/update-engineering-production-status/
It seems Terraminers consume much more power than envisioned.

[trek27]

We should have a little pool to see who can guess the day we start hashing it out.

I guess February 17

Probably it depends how we define threshold: just starting or reaching planned 2.88 Ghs per share (3.44 if after 15/02)?

[pleiotropik]

cex.io quote:  1ghs=0.041 btc ; 

peta 2.88ghs=.049 ; ergo peta 1ghs=.017. ; Peta/cex.io=  2.41...

If i was invested in CEX.io and took PETA seriously i would substract myself from cex.io mining asap... if the bulk of cex.io traders see any sign of PETA sputtering to life the plunge will be dramatic and will resonate through the entire btc community... conversely, shares of PETA should immediately rocket to .10btc to say the least...

So granting the above numbers and reasoning above are correct, what are the reasons for the bulk of CEX.io investors being unimpressed by PETA, being that implementation and hashers start could be next week?

Not a rhetorical question. 

[ujka]

They (cex) are hashing, peta isn't.