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

[Collider]

@cryptx
Will there be dividend payouts today?

[ChefBorjan]

Congrats for the full IPO sell out!!!

+10 for "Cryptx should own shares as well" thing.

From the http://www.cryptocoinsnews.com/news/cryptx-petamine-ipo/2014/05/23
"The CryptX PetaMine data-center is located in Belgium and is completely powered by wind and solar energy, thus making it both energy efficient and environmentally friendly. "

But he told us that his powerplant is enough to power only 1% of PETA. I'm confused. Can you buy certified clean energy in Belgium?
Anyway, good one. I'm sorry I jumped on Scryptx. I could have almost doubled my share/btc value. Shit happens.

He never said it. He said, 1-6% of total energy produced by the plant goes to PETA and PETA is 100% powered from the solar plant.

Except... he didn't.

spend only 1% of your solar powerplant capacity

"We have a 350,000 Watt solar facility at site, which is owned by another company of us. To give you all an idea what this means:
In Belgium a 350kW installation has a yearly revenue of about 300,000 Kwh. The PetaMine consumes about 500 kw or 1285 kw after IPO (500*1 + 1000*0.785), this means between 4,380,000kwh and 11,256,600kwh each year. This is without any growth!
So our own electricity is only between 6.8% and ?? 1,1% of all electricity needed. What do you think such an installation costs?"

I think you don't understand...the electricity produced from the 350k solar plant is only about 1-6% of all electricity used by the PetaMine.

[kenmomotaro]

@cryptx
Will there be dividend payouts today?

I can predict there is 0 btc as dividends today.

[ujka]

@cryptx
Will there be dividend payouts today?

From first page:

To continue building a sustainable mining operation, CryptX will retain the weekly dividend it pays to unit holders until the end of the IPO. Dividends will instead be invested in additional hardware so that unit holders enjoy a much higher yield per unit.

[karol]

Cryptx,

Still not answered questions:
1. Why we are hashing at 466TH instead of 503 mentioned in prospect?
2. Why there is 27 Dragon miners in prospect when according to Your weekly updates about our re-investment found  we bought 39, for what we spend 220btc?
3. What option of refund from cointerra will we have or maybe it was delivered already?

[BiteMyShinyMetalAss]

Congrats for the full IPO sell out!!!

+10 for "Cryptx should own shares as well" thing.

From the http://www.cryptocoinsnews.com/news/cryptx-petamine-ipo/2014/05/23
"The CryptX PetaMine data-center is located in Belgium and is completely powered by wind and solar energy, thus making it both energy efficient and environmentally friendly. "

But he told us that his powerplant is enough to power only 1% of PETA. I'm confused. Can you buy certified clean energy in Belgium?
Anyway, good one. I'm sorry I jumped on Scryptx. I could have almost doubled my share/btc value. Shit happens.

He never said it. He said, 1-6% of total energy produced by the plant goes to PETA and PETA is 100% powered from the solar plant.

Except... he didn't.

spend only 1% of your solar powerplant capacity

"We have a 350,000 Watt solar facility at site, which is owned by another company of us. To give you all an idea what this means:
In Belgium a 350kW installation has a yearly revenue of about 300,000 Kwh. The PetaMine consumes about 500 kw or 1285 kw after IPO (500*1 + 1000*0.785), this means between 4,380,000kwh and 11,256,600kwh each year. This is without any growth!
So our own electricity is only between 6.8% and ?? 1,1% of all electricity needed. What do you think such an installation costs?"

I think you don't understand...the electricity produced from the 350k solar plant is only about 1-6% of all electricity used by the PetaMine.

That means I cant read English, and therefore packed my stuff and going back to school.

[Collider]

You can buy certified green energy in most European countries, in some it isn´t even more expensive.

[IamNotSure]

You can buy certified green energy in most European countries, in some it isn´t even more expensive.

I'm from Belgium. I pay even less for 100% certified green energy with a small distributor. The main electricity distributor is just too greedy with small users.

For my company, though, it's different, their prices are competitive. I've not made the math for PETA but I remember a threshold at 64 Mwh/year to get to into a new group and have access to better prices.

You can make calculations on this site (only in french & dutch) http://www.monenergie.be/ or http://www.mijnenergie.be/ but you don't know about the special deals CryptX might have.

[Elvis Trout]

Cryptx,

Still not answered questions:
1. Why we are hashing at 466TH instead of 503 mentioned in prospect?
2. Why there is 27 Dragon miners in prospect when according to Your weekly updates about our re-investment found  we bought 39, for what we spend 220btc?
3. What option of refund from cointerra will we have or maybe it was delivered already?

4. Was the hardware you bought with the 1000btc loan paid for in BTC or flat?

[EdoBcn]

We have 100% green energy due to the fact that all our electricity is certified clean energy from Eneco.
http://www.eneco.com/en/vision/vision-eneco/

Good! +1
(and thanks for answering!)

[BongaManollo]

Whut? 150 X PETA @ 0.088 is now being sold?

http://imgur.com/PSYAHRI

[Elvis Trout]

Well trading is open again despite the IPO for some reason, I grabbed a big chunk of the shares below IPO price, anyone want to take the rest? Only a few BTCs worth and the IPO will get more sales.

[cryptoconomist]

ATTENTION!
The Public Offering for PETA is still available! Click here to buy shares at 0.0975BTC/unit!
Ordering from the open market below does NOT buy from the public offering! You need to buy from the public offerings screen by clicking the above link.

-------------------

Shares are open to trade?

[bigdude]

Why is the public trading open when the IPO is still going?

I literally bought the last few shares in the IPO, and now I could get them for 10% less or more.

What the???

[Elvis Trout]

Why is the public trading open when the IPO is still going?

I literally bought the last few shares in the IPO, and now I could get them for 10% less or more.

What the???

Does seem strange doesn't it, maybe contact havelock?

Anyways as for dividends the prospectus says:

Furthermore, all dividends from the existing PetaMine between 9 May, 2014 and the end of the IPO on 31 May, 2014 will also be invested in the new hardware.

[cryptoconomist]

I got 3 little shares.

Someone lift the offer for 150...  

Edit: I don't get why we are trading.... Nobody in their right minds would pay above market price or maybe Cryptx wants to get the weak hands out?

[Stego]

I think it's a bug on havelock...

[Collider]

Somehow trading was reactivated, quick let´s buy the cheap shares

Probably ppl just forgot they still had old sell orders...

[karol]

Now probably a lot of people are transfering founds into havelock to buy cheap Peta shares:)

[Elvis Trout]

Wow, everything up to 0.1 has been bought!

edit: and havelock is down haha!