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

[kenmomotaro]

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

+1

[Foebar]

Ghash.io is having problems (servers or DDOS)

Current speeds is 1/20th of their normal operations , so no need to shoot at cryptx ;-)

[stompysteve]

ummmmm this isnt right is it??
649.67 TH 15 mins

[pedrog]

Some wild swings in hashrate. do we have new hardware coming online?

Edit: Back to normal.

[nwfella]

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

This is going to be the really critical part.  TBH, I don't think there really is anyway to "assure" this will happen if custom-board portion of cryptx isn't scaled up significantly (would love a more detailed update in this regard when possible).  It's becoming painfully obvious that most of the manufacturers are seriously screwing consumers over at this point.  We need to be purchasing bulk orders of whatever the best $/GH/W ratio available, get a few willing assemblers "on the line" (interns reference:p), and start bringing fresh new hash to the party pretty much daily at this point.  This brief lul in daily diff. increase won't last long.

[cryptoconomist]

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading our shares on the bitcoin blockchain?

[runam0k]

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading out share on the bitcoin blockchain?

Nothing wrong with Havelock right now.

[Aireun]

Any guess to when we should see some new hardware? The update from last week was quite non-informative.  Hopefully this SCRIPT project is not taking away attention to PETA.

[trek27]

A few words about div/reinvest percentage.

Increasing reinvestment percentage makes sense only under one condition: one is able to achieve higher payouts in medium to long term than what would be possible without such change. In current environment it is difficult to achieve - extremely low cost hardware necessary.

Actually forcing such change without fulfilling the above condition is in some sense counterproductive - shareholders interested in high income could start to dump their shares. What's more each of us can easily establish one's own private rate of reinvestment by purchasing additional shares for a part of current dividends. Of course it's a bit difficult if someone holds just a few shares but simply stretching time frame resolves this problem - purchase new shares once per month for example instead of per week.

This is going to be the really critical part.  TBH, I don't think there really is anyway to "assure" this will happen if custom-board portion of cryptx isn't scaled up significantly (would love a more detailed update in this regard when possible).  It's becoming painfully obvious that most of the manufacturers are seriously screwing consumers over at this point.  We need to be purchasing bulk orders of whatever the best $/GH/W ratio available, get a few willing assemblers "on the line" (interns reference:p), and start bringing fresh new hash to the party pretty much daily at this point.  This brief lul in daily diff. increase won't last long.

Yes, this is critical for this project and buying retail staff with little discount wont make it. This is second field, first being hosting, where existence of both PETA and SCRYPT-X projects should be mutually beneficial. CryptX, fingers crossed.

[IamNotSure]

https://www.coinprism.com/?countdown

https://www.youtube.com/watch?v=ZI4betMvcgc

coloured coin live in 25hr

Can we vote on trading out share on the bitcoin blockchain?

Nothing wrong with Havelock right now.

I'd prefer Counterparty above Colored coins, but no real issue with havelock anyway

[DropDead.Be]

Hashing at 0 TH/s, I really hope it jumps back up to 520 TH/s+ this time

[Foebar]

Hashing at 0 TH/s, I really hope it jumps back up to 520 TH/s+ this time

Ghash.io down again

[Collider]

Hashing at 0 TH/s, I really hope it jumps back up to 520 TH/s+ this time

Ghash.io down again

It isn´t down, in fact it has solved 4 / 6 of the last blocks.

The only thing down is the stats server, so realtime stats are currently misleading.

[DropDead.Be]

I predict this weeks dividends: 0.01252
Annual yield => 90%

[rdyoung]

I predict this weeks dividends: 0.01252
Annual yield => 90%

You mean 0.001252?

[nwfella]

I predict this weeks dividends: 0.01252
Annual yield => 90%

You mean 0.001252?

Either that or they are just really really optimisitc! 

My guess for this Friday: 0.00097921

[DropDead.Be]

I predict this weeks dividends: 0.01252
Annual yield => 90%

You mean 0.001252?

Either that or they are just really really optimisitc! 

My guess for this Friday: 0.00097921

Haha yes, i ment 0.001252. My bad.
195 (BTC mined) x 81.3/217 x 0.56 (44% lower $/kWh) => 40 BTC for hosting
155 BTC (remaining) x 0.65 / 80470 = 0.001252

[Collider]

@cryptx
What is the status of the more than 250TH + compensation bitmine still owes us (since at least beginning of April)?

Will that be converted to chips or what is the current plan?

[Elvis Trout]

@cryptx
What is the status of the more than 250TH + compensation bitmine still owes us (since at least beginning of April)?

Will that be converted to chips or what is the current plan?

An update on the status of all outstanding orders would be nice

[stompysteve]

cryptx there are still a lot of unanswered questions I thought you were gonna address last friday around when divs were released, I hope you can answer some of them this upcoming friday or just give a more detailed breakdown on your future plans and updates

-div% reinvest% changes due to hosting new project scryptx
-how are you going to be using reinvestment funds going forward(our own boards vs premade rigs)
-what is the status of new rigs from bitmine(we all know they are starting soon, but how many are we getting a week going forward)
-do we have future chip deals in line if we save up enough reinvestment funds or from opening up another IPO since there are always so many delays with manufacturers