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Author Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)  (Read 565644 times)
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spartan82
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May 25, 2014, 08:22:52 AM
 #3061

The public offering for PETA has been announced, and is available from the PETA Public Offering Tab or once it opens at 2014-05-23 04:00:00, directly from the Public Offering Purchase page

Open market trading will be available soon after


today is 25th... trading is closed.
oh my....

Second IPO batch, ends 2014-05-31 11:00. There's still 9300 shares remaining in this lot so there won't be any open market until this batch either sells out or reaches end date. But if your looking to get out let us know your price I'm sure there's plenty on here willing to take your shares under IPO price
EdoBcn
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May 25, 2014, 12:21:26 PM
 #3062


Second IPO batch, ends 2014-05-31 11:00. There's still 9300 shares remaining in this lot so there won't be any open market until this batch either sells out or reaches end date. But if your looking to get out let us know your price I'm sure there's plenty on here willing to take your shares under IPO price

thanks for the detail and for the offer. Unfortunately I lost sold my peta shares to jumpstart scryptx and then it was too late to jump back (also for limited trade on buy side of scryptx). I'm just waiting for the market to reopen to find someone happy to sell below ipo, same as you Smiley
pleiotropik
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May 25, 2014, 06:12:11 PM
 #3063

Sunday Surprise! Out with the old, in with the new...  Monday should be interesting.

"Dear Unit Holders,

We like to announce that we will start selling all the existing hardware of the PetaMine. The hardware will be replaced by ~20% more power efficient equipment. This means the power draw from the existing 500TH/s will go down by ~20%. The sold hardware will be immediately replaced by the new, more power efficient hardware.

This is another step in optimizing the revenue of the PetaMine project.

The equipment will be sold on the website www.asic-hardware.com.


Regards,
CryptX Team"
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May 25, 2014, 06:39:24 PM
 #3064

Sunday Surprise! Out with the old, in with the new...  Monday should be interesting.

"Dear Unit Holders,

We like to announce that we will start selling all the existing hardware of the PetaMine. The hardware will be replaced by ~20% more power efficient equipment. This means the power draw from the existing 500TH/s will go down by ~20%. The sold hardware will be immediately replaced by the new, more power efficient hardware.

This is another step in optimizing the revenue of the PetaMine project.

The equipment will be sold on the website www.asic-hardware.com.


Regards,
CryptX Team"


That is a good decision, it will allow us to extend the bitfury deal and get atleast the same hashpower, but more power efficient.
ujka
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May 25, 2014, 06:40:15 PM
 #3065

Nice!   Cheesy Replacing 28nm hardware with more efficient, 55nm hardware  Wink
Collider
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May 25, 2014, 06:42:57 PM
 #3066

Nice!   Cheesy Replacing 28nm hardware with more efficient, 55nm hardware  Wink
Well, bitfury magic XD

Spondoolies 40nm is also more power efficient than most 28nm chips, so same effect there.

It shows that process level is less important than good routing / smart chip design / (very) custom engines and good implementation.

55nm chips are also way cheaper than 28nm.

CryptX always acts in the best interest of all shareholders Smiley

Lets see the massive deployment tomorrow Smiley To the moon!  Grin
oma5
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May 25, 2014, 07:45:08 PM
 #3067

 Smiley this is exciting! Everything points to more BTC for shareholders. I'm glad I bought more just before the IPOs.
spartan82
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May 25, 2014, 08:40:52 PM
 #3068

This is great news I'm very happy with this move, however nothing has been mentioned of the remaining 200th of hardware from our original IPO that never made it online? Plus the hardware we already bought with reinvestment funds... Does anyone know what the story is with all this hardware? Is this just included in the extra hardware bought with funds from the new IPO and included there or are we still getting these units added to the mix to come?
DropDead.Be
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May 25, 2014, 09:45:08 PM
 #3069

I wish it were +24 h's Smiley
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May 25, 2014, 10:09:09 PM
 #3070

This is great news I'm very happy with this move, however nothing has been mentioned of the remaining 200th of hardware from our original IPO that never made it online? Plus the hardware we already bought with reinvestment funds... Does anyone know what the story is with all this hardware? Is this just included in the extra hardware bought with funds from the new IPO and included there or are we still getting these units added to the mix to come?

The 200 TH funds were meant for bitmine hardware that was never delivered by the manufacturer. The order was canceled and the funds were used to buy back units of the fund ~ 14,000 of them, thereby increasing the GH/ unit. The current Offering is for the 1PH in new hardware.

spartan82
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May 25, 2014, 10:51:22 PM
 #3071

This is great news I'm very happy with this move, however nothing has been mentioned of the remaining 200th of hardware from our original IPO that never made it online? Plus the hardware we already bought with reinvestment funds... Does anyone know what the story is with all this hardware? Is this just included in the extra hardware bought with funds from the new IPO and included there or are we still getting these units added to the mix to come?

The 200 TH funds were meant for bitmine hardware that was never delivered by the manufacturer. The order was canceled and the funds were used to buy back units of the fund ~ 14,000 of them, thereby increasing the GH/ unit. The current Offering is for the 1PH in new hardware.

Good man! Well that clears that up then, can't wait to get this party started Smiley
nwfella
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May 26, 2014, 03:26:55 AM
 #3072

Good lord...where are those spare satoshi's when I really need em?!?!

Keep up the excellent work fellas Smiley

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

Gimme the crypto!!
DropDead.Be
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May 26, 2014, 10:56:26 AM
 #3073

this weeks share volume is still stuck at 0 :p Time to deploy the monster mine.
karol
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May 26, 2014, 12:15:06 PM
 #3074

Don't see any change on stats does deployment start?

BTW only 2 shares sold Today
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May 26, 2014, 12:21:15 PM
 #3075

Let's see what happens when the new hardware starts hashing...

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May 26, 2014, 12:50:08 PM
 #3076

Let's see what happens when the new hardware starts hashing...

Overall hashrate is still decreasing

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May 26, 2014, 12:54:46 PM
 #3077

@cryptx a few "live" status updates would be nice... info if we are still on track... ETA...

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May 26, 2014, 01:48:45 PM
 #3078

It'll probably take a few days for the old equipment to be unloaded and the new placed in the racks. I expect we'll have to be patient. Let them do their jobs. They probably won't have time to respond to questions. We may even see the hash rate go to zero for a bit. Sit back and enjoy the sights...
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May 26, 2014, 02:26:45 PM
 #3079

Hopefully they are replaing them one by one so we aren't offline at all so maybe once they switch those out the new ones come online also
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May 26, 2014, 03:25:38 PM
 #3080

Looks like we have some progress.  Smiley

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