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

[MonkeyBear68]

mikemikemike,

If network hash power (difficulty) stayed the same, then in 3 months time we would have 12 X the yield at 700 TH/sec. Please keep in mind that network hash power will be increasing, so although I believe the yield will indeed go up, I do not believe it will hit such a lofty target.

I agree with others in that network hash power does seem to have stagnated a bit over the last few days. Hopefully PETA will get our new miners early this week so that we can take full advantage of this temporary lull in difficulty increase.

And thats why I devided by 3...

Are the basics really that hard???

Sorry, missed that part. A week ago I would have been more inclined to say divide by 4, but since there has been a bit of stagnation in the increase of network hash rate in the past few days it might end up being closer to 3.

[MonkeyBear68]

What the hell is going on with the ask price on havelock? It's been a while since I've seen manipulation like this and I used to work at the CME/CBOT. Seems that as soon as the asks got into the 0.07 range the bullshit ceased, now that it's back into 0.08's the bot or douche bag is back to manipulating. Is someone trying to unload here or trying to scoop up cheap shares?

Probably a bot trying make a profit off the bid-ask spread.

[rdyoung]

mikemikemike,

If network hash power (difficulty) stayed the same, then in 3 months time we would have 12 X the yield at 700 TH/sec. Please keep in mind that network hash power will be increasing, so although I believe the yield will indeed go up, I do not believe it will hit such a lofty target.

I agree with others in that network hash power does seem to have stagnated a bit over the last few days. Hopefully PETA will get our new miners early this week so that we can take full advantage of this temporary lull in difficulty increase.

And thats why I devided by 3...

Are the basics really that hard???

Sorry, missed that part. A week ago I would have been more inclined to say divide by 4, but since there has been a bit of stagnation in the increase of network hash rate in the past few days it might end up being closer to 3.

To give people something to think about I did the math based on a 4 fold increase before the full 700ths is deployed.
It still equates to 0.002/share before the .45/kwh fee. I didn't factor that in because we have no idea where btc/usd will be when the mine is fully deployed.

[Usman056]

I think some miner's are coming online..  
EDIT: they are definitely coming online, were at 82

[karol]

Probably stats flutuation on eligius.
Stil the same amount of workers. currently 64TH

[Usman056]

Probably stats flutuation on eligius.
Stil the same amount of workers. currently 64TH

My mistake, i've never seen it fluctuate that high.. jumping to conclusions.

[Darkstone2]

BDD is a derivative not a mining fund, for the love of god stop talking about something which you know nothing about

infact, fuck it, put all your money in BDD.MINE and see what happens. anyone who thinks BDD.Mine will return more than CryptX shouldn't be legally allowed to invest their own money

I know exactly what BDD is, thank you.

Why so hostile? Just because your opinion is different from mine doesn't mean you can behave like a dick.

[dhenson]

I know exactly what BDD is, thank you.

Why so hostile? Just because your opinion is different from mine doesn't mean you can behave like a dick.

I can see why others would be hostile towards you.

1) You claim to be a new user to the forum and that this is your first account.  By your posts / apparent motivations, that claim seems fairly unbelievable.  This makes you untrustworthy to those of us paying attention.

2) Some people aren't actively playing the market and have substantial sums of money tied up long in this security.  I'm not commenting on the efficacy of that strategy, rather just stating that the stakes are high.

3) When your post appears to be for the sole purpose of lowering the share price, those of us who care about the spot price get pissed. It's human nature.  Legitimate concerns are welcome, thinly veiled FUD is not.

4) Others before you (if not in fact you specifically) have repeatedly used the same tactics elsewhere, the game is old and played out in almost every security on bitcointalk.org.  See posts by Crumbs, iCEBreaker, Pankkake, Vycid etc.  I think people are just tired of the game.

Just my 2c.

[Foebar]

@ Cryptx


Any updates regarding new miners arriving this week.

What will you do with the merged mining income (NMC) from Eligius with address NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7

[mikemikemike]

@ Cryptx


Any updates regarding new miners arriving this week.

What will you do with the merged mining income (NMC) from Eligius with address NCnxjbJedracS6uW57wnQ9w4cN6ireRNP7

+1

an update on the miners that were supposed to arive last week would be great aswell

[Wayne_Chang]

We have been in current hash rate for several days. It is far away from even the initial deployment plan of 220TH. It is important to update the status to shareholders.

[anon29426]

We have been in current hash rate for several days. It is far away from even the initial deployment plan of 220TH. It is important to update the status to shareholders.

agreed. I'd rather hear bad news than no news at all.

Name:   cryptx
Posts:   362
Activity:   210
Position:   Full Member
Date Registered:   August 03, 2013, 09:29:56 AM
Last Active:   Today at 01:37:26 PM

Well, we know he's seen our requests. hopefully he will be kind enough to update us

[cryptx]

We are in contact with Bitmine regarding the delivery/production schedule of new systems, we will give an update soon.

[anon29426]

We are in contact with Bitmine regarding the delivery/production schedule of new systems, we will give an update soon.

its not much, but its definitely better than nothing

thanks cryptx

[Foebar]

We are in contact with Bitmine regarding the delivery/production schedule of new systems, we will give an update soon.

Thx for the update

[altoidmintz]

We are in contact with Bitmine regarding the delivery/production schedule of new systems, we will give an update soon.

Thank you for the update CryptX. Managing a company includes managing social relationships and I'm glad to see you handling even some of our less patient friends.

[spartan82]

I see we are still hashing at a whopping 0.8gh/share. Let the good times roll

[mikemikemike]

I see we are still hashing at a whopping 0.8gh/share. Let the good times roll

Wait was it not 8 GH/share? Noooo. That was the marketing gag, saying in two years we hash 80 GH/share.

I guess there will be the next two weeks not more hardware for teramine, as the RIGS are late and bitmine.ch is fair enough not to sell their DESKS or RIGS out of que. The big question mark are too the mysterious self made pcbs they are working on. What the heck, knows when they will be ready and for sure up to six weeks later as planned.

The good thing is next week I can buy the shares for 0.025    

we have our own production line at bitmine.

and your crazy if you think the price will drop to 0.025 - the yield would be over 75% at that price - it will never go that low, even if cryptx announced they were not going to add anymore hardware ontop of the 60TH/s we already have, it would still take a couple of months for the price to drop that low

assuming this is the end, and that we will not deploy anymore units fullstop(this isn't going to happen, cryptX's will deliver, i have full faith in that). a price of 0.07 is the natural bottom until the difficulty rises

[stompysteve]

Are new miners coming online? 128 seconds   65.75 Th/s

[JstnPwll]

Are new miners coming online? 128 seconds   65.75 Th/s

Guys, you can click the button that says "Toggle Display of Worker Details" to see which miners are active; there are no new miners yet. The stats will continue to fluctuate, use the worker details to determine which miners are working.