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

[EdoBcn]

I love this place.

[mikemikemike]

I love this place.

It is rather amusing.

Its a shame about your analsys above though. In that situation bitcoin mining as a whole would cease to exist and then bitcoin would fail

[E f f e c T]

I love this place.

It is rather amusing.

Its a shame about your analsys above though. In that situation bitcoin mining as a whole would cease to exist and then bitcoin would fail

Yaaa. He's got a point. Our reinvestment cost is so low and so is are our hosting costs, if we die, the large majority of the rest would die before us

In better news. Anyone else expecting another record dividend this week? I don't even think it's gonna be close to last weeks. Putting it at 0.00091

[hephaist0s]

I love this place.

It is rather amusing.

Its a shame about your analsys above though. In that situation bitcoin mining as a whole would cease to exist and then bitcoin would fail

Yaaa. He's got a point. Our reinvestment cost is so low and so is are our hosting costs, if we die, the large majority of the rest would die before us

In better news. Anyone else expecting another record dividend this week? I don't even think it's gonna be close to last weeks. Putting it at 0.00091

I think it will be a new record. Last dividend cycle, we'd added ~200TH/s that week, but it hadn't been mining for the whole cycle. This week, we've been +450TH/s all week. That has to add up to something good.

[stompysteve]

I'm gonna say we hit .001133 on divs today

Happy Mai everyone!

[Collider]

I'm gonna say we hit .001133 on divs today

Happy Mai everyone!

My estimation is 0,001, so truly a record  

[mikemikemike]

Just a quick refresh from last weeks update as ive got five minutes.

I predicted a 0.00091 dividend last week for this week which im revising up to 0.00093, BTC is being allot more resilient than I thought and this is the sole reason why

BTC as a whole is remarkably holding @ 450,  unfortunately the banks in china still need to issue notices and pull out their accounts. This should impact the price but considering the resolve BTC has showed so far my original estimates of a drop down to 380 are being revised upwards to 420 with a strong reversal to the 550 range in the coming weeks.

You can see further analysis at tradingview.com/s/bitcoin and less formal ideas at reddit.com/r/bitcoinmarkets

As to the arguments posted here about us dying, we are getting stronger and stronger each week, and it looks fairly unlikely this is gong to slow anytime soon. I posted my reasons on why all this doom and gloom stuff is complete BS last week, please look it up.

Im predicting a similar dividend next week of 0.00095 as the price of BTC dips to account for the final china withdrawal combined with an influx of new units on the 5th. And with BTC recoving from the 10th onwards I predict, giving few new machines, a dividend in the 0.0012 range seems the mosy plausible. I believe these are both very conservative as are all my estimates.

Interesting points for this week where the ridiculous buy taking us upto the 0.08 price. I was one of the lucky ones and sold out a chunk in the 0.075 - 0.008 range, ofcourse only to rebuy back in at the lower 0.07 boundary. I don't think there is anything to this large buy apart from a big player wanting in. I've said before this security is undervalued and I think as you all see the yield rise in the coming weeks you will understand where I was coming from.

Another interesting point of discussion will be the future IPO. as we run out of capital CryptX will no doubt look to add money so we cab grow our own units. Doing the math at current rates we could expect to add another 700-1000TH/S if these where issues around the 0.08 range. An update on this will no doubt be due in the coming months and will outline the future of this project.

Anyways, this is my analysis for this week. Would be good to get some discussion otherwise I hope you all have a great week.

Ps: im taking a holiday for a couple of weeks so I won't be checking this as much. Please don't let this place turn to shit because of a few idiots.

Peaceeee

[altoidmintz]

This should impact the price but considering the resolve BTC has showed so far my original estimates of a drop down to 380 are being revised upwards to 420 with a strong reversal to the 550 range in the coming weeks.

You can see further analysis at tradingview.com/s/bitcoin and less formal ideas at reddit.com/r/bitcoinmarkets

Time frame for 'coming weeks' or the prediction is as much garbage as the TA you linked. I would expect 550 around August, but not before June.

[mikemikemike]

This should impact the price but considering the resolve BTC has showed so far my original estimates of a drop down to 380 are being revised upwards to 420 with a strong reversal to the 550 range in the coming weeks.

You can see further analysis at tradingview.com/s/bitcoin and less formal ideas at reddit.com/r/bitcoinmarkets

Time frame for 'coming weeks' or the prediction is as much garbage as the TA you linked. I would expect 550 around August, but not before June.

Garbage as the TA I linked to? These are professional traders who have dedicated most of their careers to evaluating markets. Saying its garbage is saying BTC is just a guessing game, when it has proved to be arguably one of the most predictable markets of all time,  if not the most predictable market of all time.

Two to three weeks. I expect a rally within a week of the 10th of May deadline, once the breakout happens from the current trend, which it already did, but was brought back down due to the recent issues in china, I expect the start of the next uptrend before a new bubble forms late june-early july.

Please dont call the most valuable TA resource in the trading world garbage. Its offensive to your own intelligence not mine

And 550 in august? We were at 550 a few weeks ago when the markets thought this was all over. I know the next argument is this whole china ban issue could be restarted, but the latest notice given to the banks is about as final as it gets and leaves very little room for the chinese exchanges to maneuver. Ontop of that, the market is getting more and more resilient to this issue. It won't be long before these issues are completely ignored all together.

And I dont know what the issue with 550 is? If you knew resistance levels then you would know that if the price breaks past 480 and holds then it naturally has to test 550, and with the downward trend over, it is very unlikely it wouldn't break though. I thinj your forgetting our ATH is in the 1100 range, not the 600s

[cryptx]

Info about dividend payout for this week:

211.53658438 BTC in total from mining and converted NMC's:
- 85.30117985 as Dividend (0.00105737 BTC / share)
- 45.93140453 Reinvestment
- 80.30400000 Hosting Fee

Status update:
- As mentioned last week, new hardware will arrive after official holidays. We expect a new shipment early next week.
- We are working on some analyses and will announce some ideas for strategical improvements next week.

[kenmomotaro]

Info about dividend payout for this week:

211.53658438 BTC in total from mining and converted NMC's:
- 85.30117985 as Dividend (0.00105737 BTC / share)
- 45.93140453 Reinvestment
- 80.30400000 Hosting Fee

Status update:
- As mentioned last week, new hardware will arrive after official holidays. We expect a new shipment early next week.
- We are working on some analyses and will announce some ideas for strategical improvements next week.

What can I say?   Thank you, Cryptx.
Div 0.001 is actually good , and it bring us 77% yield now.
I expect the yield would keep around 55% as before. No need to mention the share price.
And the new strategy? Glad to hear about that!

[rdyoung]

I love this place.

It is rather amusing.

Its a shame about your analsys above though. In that situation bitcoin mining as a whole would cease to exist and then bitcoin would fail

Yaaa. He's got a point. Our reinvestment cost is so low and so is are our hosting costs, if we die, the large majority of the rest would die before us

In better news. Anyone else expecting another record dividend this week? I don't even think it's gonna be close to last weeks. Putting it at 0.00091

No one knows what the mttf for the asic hardware is. For all we know if its kept cool and clean and not OCd to the point that things melt, they may run for 5 or 10 years.

[NotoriousBIT]

Good stuff.  I keep saying I'll sell when the price jumps up but never do.  I'm good to HODL long term on this though.

[Anonymousg64]

best investment option on havelock

[kspencer93]

best investment option on havelock

Best BTC investment fullstop?

What else offers 77% per annum and still growing at a ridiculous rate?

I know mikemikemike said there was one but still, ive looked at every thread in this section and there is nothing that looks more promising. And with the new strategic direction coming soon? Who knows what these guys have planned

[Anonymousg64]

best investment option on havelock

Best BTC investment fullstop?

What else offers 77% per annum and still growing at a ridiculous rate?

I know mikemikemike said there was one but still, ive looked at every thread in this section and there is nothing that looks more promising. And with the new strategic direction coming soon? Who knows what these guys have planned

im not sure if its the best BTC investment, i would consider MaidSAFECoin

currently all the other havelock stocks are on a downward trend or not moving and have low dividends.
B.MINE/B.SELL are a loss to invest in despite the high annual yield, the share value is dropping faster then you gain dividends.

[rdyoung]

best investment option on havelock

Best BTC investment fullstop?

What else offers 77% per annum and still growing at a ridiculous rate?

I know mikemikemike said there was one but still, ive looked at every thread in this section and there is nothing that looks more promising. And with the new strategic direction coming soon? Who knows what these guys have planned

Agreed, its almost like having the option to buy msft or goog they took off.
I say almost, because msft was a king/queen maker. They created more millionaires than any other company in history, not sure if goog did the same or not.

[Anonymousg64]

best investment option on havelock

Best BTC investment fullstop?

What else offers 77% per annum and still growing at a ridiculous rate?

I know mikemikemike said there was one but still, ive looked at every thread in this section and there is nothing that looks more promising. And with the new strategic direction coming soon? Who knows what these guys have planned

Agreed, its almost like having the option to buy msft or goog they took off.
I say almost, because msft was a king/queen maker. They created more millionaires than any other company in history, not sure if goog did the same or not.

google creates allot of common wealth, that could be worth more then all those millionaires
i dont think Microsoft will be around much longer, they have improved but they are not geared for the accelerating pace of technology like google.

[rdyoung]

best investment option on havelock

Best BTC investment fullstop?

What else offers 77% per annum and still growing at a ridiculous rate?

I know mikemikemike said there was one but still, ive looked at every thread in this section and there is nothing that looks more promising. And with the new strategic direction coming soon? Who knows what these guys have planned

Agreed, its almost like having the option to buy msft or goog they took off.
I say almost, because msft was a king/queen maker. They created more millionaires than any other company in history, not sure if goog did the same or not.

google creates allot of common wealth, that could be worth more then all those millionaires
i dont think Microsoft will be around much longer, they have improved but they are not geared for the accelerating pace of technology like google.

Do you know how much money msft has just sitting in bank accounts? They could keep paying current salaries for decades to come and still have money left over.

[nwfella]

Holy smokes!  Nice div. cryptx.  Hash on!