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

[Aireun]

Today's the big day!

Edit:

Also, is it safe to say we have 18gh/s with the current hash speed? I'd like to have an update by cryptx on this.

[ujka]

Today's the big day!

Edit:

Also, is it safe to say we have 18gh/s with the current hash speed? I'd like to have an update by cryptx on this.

With the last daily average of 1327th it's 17.1gh. Just to stay at same with new difficulty 16.866gh is needed.
I expect there will be some update later today, with divs on havelock.

[Anonymousg64]

awaiting the good news

[naaktslak]

awaiting the good news

me2

[Aireun]

Must be some 'big news' if they are taking this long to update us. Hopefully it's 'good' news.

[naaktslak]

maybe another week without dividends

[tsm13]

Re-adjusted based on the balance of the wallet now

CryptX, will the recoop go to paying down the loans or into the divedends? Also how much per unit are we paying approx out of the re-investment fund?

Here is my guess for dividends this week 0.002393. This is based on a guess and then some intricate adding, subtracting, divding, and halving

Est Mining Revenue for the week = 494 402
Est Mining Revenue minus hosting(0.25$/kw) for week = 371 313
Dividend Share(50%) - 185.5 156.5
Re-investment(50%) -  185.5 156.5
Per Share based 77492 = 0.002393 0.002023

Few things I noticed that may impact this number

- 230 BTC was moved from the investment wallet on 4th June

Based on the public auctions CryptX has held recently sold kit for

23.2 BTC - June 4th
20 BTC - may 29th
8.3 BTC - June 6th
8.1 BTC - June 6th

Other used kit is being sold through www.asic-hardware.com no idea on volume

CryptX, will the recoop go to paying down the loans?

[naaktslak]

Re-adjusted based on the balance of the wallet now

Here is my guess for dividends this week 0.002393. This is based on a guess and then some intricate adding, subtracting, divding, and halving

Est Mining Revenue for the week = 494 402
Est Mining Revenue minus hosting(0.25$/kw) for week = 371 313
Dividend Share(50%) - 185.5 156.5
Re-investment(50%) -  185.5 156.5
Per Share based 77492 = 0.002393 0.002023

Few things I noticed that may impact this number

- 230 BTC was moved from the investment wallet on 4th June

Based on the public auctions CryptX has held recently sold kit for

23.2 BTC - June 4th
20 BTC - may 29th

Other used kit is being sold through www.asic-hardware.com no idea on volume

CryptX, will the recoop go to paying down the loans?

dividends are 50% instead of 65%?

[tsm13]

dunno, im assuming the vote was successful to implement 50%

[ujka]

162.69622134 BTC for dividends, 0.00209952/share

[_biO_]

Someone bought 330 shares just now

[DRG-BTC]

0.0021 check havelock 😉

[naaktslak]

nice

[hephaist0s]

162.69622134 BTC for dividends, 0.00209952/share

Apparently, this. Fantastic!

[Anotheranonlol]

Impressive dividend.  
If you aren't withdrawing divs from havelock, nor reinvesting them it might make sense to stick some bids up
you can put them low on the off-chance they get filled. Better than leaving them on wallet doing nothing
More buy support is never a bad look

[tsm13]

happy with that, thanks CryptX. Looking at the wallet https://blockchain.info/address/1PETAmNrgdzx3FwzJPNuhx18JVKdGtwWt6 its looks like 50/50 was passed!

[naaktslak]

but shouldnt we get like about 0.004 a share at 1500 th/s?

[hephaist0s]

but shouldnt we get like about 0.004 a share at 1500 th/s?

No.

[_biO_]

Nice and well, CryptX, but what's with the reinvestment funds from last two weeks when there were no dividends? Isn't that directed to repay the loan?

Yes, please clarify!

Edit: So the grand total for the new hardware was ~2530 BTC (491 mined during IPO + 1075 from IPO + 964 loan... and maybe more reinvestment funds?), for 1000 TH/s. Is this correct?

Also, we won't see upgrades in the next two months, since repaying the loan takes another 5-6 weeks alone?

[hephaist0s]

And assuming no major fluctuations in BTC prices, even with no growth of the mine next week's dividend should be just as hefty since there won't be a difficulty increase between now and then. Awesome.