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

[jimmothy]

CBCM: $2.7/gh , ~1w/gh, $0.3/kwh hosting

CBCM: $2.7/gh , ~1w/gh, $0.2/kwh hosting

I did make a mistake there but $0.2/gh/month still translates to about $0.28/kwh at 1w/gh ($0.3w/kwh at 0.9w/gh)

[jimmothy]

^^^ exactly what he said. Don't forget all that mucking around cooling the miners, maintaining them, setting everything up, I still think PETA is better off at this rate. Let them worry about keeping everything running smooth, online, paying electricity bills and ill just kick back collect my divs every week. Hell of a lot easier for someone like me anyway

Heres an idea: what if PETAMINE built some of those sexy new AM machines?

If they can match hashratios production costs, they would spend less than $0.8/gh. Much better than the $1.8/gh they are currently spending on reinvestment HW from bitfury.

[spartan82]

^^^ exactly what he said. Don't forget all that mucking around cooling the miners, maintaining them, setting everything up, I still think PETA is better off at this rate. Let them worry about keeping everything running smooth, online, paying electricity bills and ill just kick back collect my divs every week. Hell of a lot easier for someone like me anyway

Heres an idea: what if PETAMINE built some of those sexy new AM machines?

If they can match hashratios production costs, they would spend less than $0.8/gh. Much better than the $1.8/gh they are currently spending on reinvestment HW from bitfury.

That would be a dream come true, both my investments coming together lol! AM I always said was the way to go for PETA. We've already been stuffed around by cointerra, at least we all know friedcat actually delivers!

[kenmomotaro]

They are both bad deals as far as I'm concerned. However if I had to chose I would say PETA is a better offering simply because they have track record (along with HW online now).

Here's a simple comparison:

PETAMINE: $3/gh , ~1w/gh, $0.25/kwh hosting
CBCM: $2.7/gh , ~1w/gh, $0.3/kwh hosting
Rockminer: $1.1/gh, ~1.2w/gh, probably less than $0.3/kwh wherever you live.

Just notice that Rockminer does not provide PSU with their product...you have to add that factor into calculation.
each RX-Box needs a 800W PSU, that is about $260(BTC0.4). So Rockminer: $1.5/gh, ~1.2w/gh.

And Petamine is under their way to reduce the power consumption, to ~0.75w/gh.
So in the long turn, PETA hosting fee 0.75w/gh * $0.25/kWh= $0.0001875 /Gh
Rockminer in your home 1.2w/gh * $0.15/kWh= $0.00018 /Gh, plus you have to manage those miners yourself. 

So far Rockminer only wins in $/gh, but there are numerous things for home miners to dealt with, $1.5/gh is way below the true cost.
Especially for those who want massive Ghs and don't want to build a datacenter themselves.

[jimmothy]

each RX-Box needs a 800W PSU, that is about $260(BTC0.4). So Rockminer: $1.5/gh, ~1.2w/gh.

That must be the most expensive 800w psu I've ever heard of.

You can use a cheap $10 modded server psu or a $50 atx psu should work fine.

And Petamine is under their way to reduce the power consumption, to ~0.75w/gh.

Once you add cooling it will end up around 1w/gh. (Assuming their cooling setup is relatively efficient)

[spartan82]

each RX-Box needs a 800W PSU, that is about $260(BTC0.4). So Rockminer: $1.5/gh, ~1.2w/gh.

That must be the most expensive 800w psu I've ever heard of.

You can use a cheap $10 modded server psu or a $50 atx psu should work fine.

And Petamine is under their way to reduce the power consumption, to ~0.75w/gh.

Once you add cooling it will end up around 1w/gh. (Assuming their cooling setup is relatively efficient)

It will only get better over time I'm sure. Cooling isn't that large I'm sure. Split up over a couple of petahash worth of miners I'm sure it won't be 0.25w/gh

[Swordsoffreedom]

each RX-Box needs a 800W PSU, that is about $260(BTC0.4). So Rockminer: $1.5/gh, ~1.2w/gh.

That must be the most expensive 800w psu I've ever heard of.

You can use a cheap $10 modded server psu or a $50 atx psu should work fine.

And Petamine is under their way to reduce the power consumption, to ~0.75w/gh.

Once you add cooling it will end up around 1w/gh. (Assuming their cooling setup is relatively efficient)

It will only get better over time I'm sure. Cooling isn't that large I'm sure. Split up over a couple of petahash worth of miners I'm sure it won't be 0.25w/gh

Considering this is their current specification and they are recruiting developers and team members to make that generation more efficient I can see the old technology by gen standards getting a second life and improving as time passes by so these numbers may be for present but not the future

[spartan82]

each RX-Box needs a 800W PSU, that is about $260(BTC0.4). So Rockminer: $1.5/gh, ~1.2w/gh.

That must be the most expensive 800w psu I've ever heard of.

You can use a cheap $10 modded server psu or a $50 atx psu should work fine.

And Petamine is under their way to reduce the power consumption, to ~0.75w/gh.

Once you add cooling it will end up around 1w/gh. (Assuming their cooling setup is relatively efficient)

It will only get better over time I'm sure. Cooling isn't that large I'm sure. Split up over a couple of petahash worth of miners I'm sure it won't be 0.25w/gh

Considering this is their current specification and they are recruiting developers and team members to make that generation more efficient I can see the old technology by gen standards getting a second life and improving as time passes by so these numbers may be for present but not the future

That's the beauty of investing in this mob, they seem to know what they are doing and replacing old hardware with new before its even outdated is a big move to show investors PETAs level of commitment to this operation

[Anotheranonlol]

^^^ exactly what he said. Don't forget all that mucking around cooling the miners, maintaining them, setting everything up, I still think PETA is better off at this rate. Let them worry about keeping everything running smooth, online, paying electricity bills and ill just kick back collect my divs every week. Hell of a lot easier for someone like me anyway

Heres an idea: what if PETAMINE built some of those sexy new AM machines?

If they can match hashratios production costs, they would spend less than $0.8/gh. Much better than the $1.8/gh they are currently spending on reinvestment HW from bitfury.

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

[jimmothy]

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

Small miners don't care about the gh/machine they care about the $/gh.

Each cuboid is 768gh so 6000 would give petamine ~5PH.

Petamine could also save even more money by building the asics themselves using the opensource design.

[spartan82]

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

Small miners don't care about the gh/machine they care about the $/gh.

Each cuboid is 768gh so 6000 would give petamine ~5PH.

Petamine could also save even more money by building the asics themselves using the opensource design.

Exactly right, PETA doesn't have to buy the miners already manufactured. They can source the chips from AM and use the open source PCB design with their development team having a crack at it. Quite simple really

[Anotheranonlol]

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

Small miners don't care about the gh/machine they care about the $/gh.

Each cuboid is 768gh so 6000 would give petamine ~5PH.

Petamine could also save even more money by building the asics themselves using the opensource design.

Oh, I only took a brief look and thought they were 192GH, which I assumed was a little low.
You're right.

S3 & Spoondoolies could be quite attractive too. Bitfury gen3 is not too far away either.

[howardb]

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

Small miners don't care about the gh/machine they care about the $/gh.

Each cuboid is 768gh so 6000 would give petamine ~5PH.

Petamine could also save even more money by building the asics themselves using the opensource design.

Oh, I only took a brief look and thought they were 192GH, which I assumed was a little low.
You're right.

S3 & Spoondoolies could be quite attractive too. Bitfury gen3 is not too far away either.

Before you get too excited about Spondoolies, try finding the word 'refund' in their terms of sale! It's a license to print money if they can deliver a functional but useless bit of kit a year late with no consequences!

[spartan82]

Who exactly are these machines targeted towards?  I think even small miners don't like anything less than 1th these days. cryptx would have to order 6000 of these bricks, handle customs and shipping as opposed to picking up few hundred locally.

Small miners don't care about the gh/machine they care about the $/gh.

Each cuboid is 768gh so 6000 would give petamine ~5PH.

Petamine could also save even more money by building the asics themselves using the opensource design.

Oh, I only took a brief look and thought they were 192GH, which I assumed was a little low.
You're right.

S3 & Spoondoolies could be quite attractive too. Bitfury gen3 is not too far away either.

Before you get too excited about Spondoolies, try finding the word 'refund' in their terms of sale! It's a license to print money if they can deliver a functional but useless bit of kit a year late with no consequences!

Forget spondoolies, AM is the way to go. Unfortunately cryptx has his heart set on bitmine and the PCBs are being designed for their chips as far as I can remember so hopefully it all works out. Buying miners doesn't really seem the way to go these days, if you can get a good team developing and pumping out working miners from low cost chips then you're gunna be in the lead

[freedomno1]

I would say go with AM a chip in hand and purchasable now is better than the hope of one in the future
Besides we know Friedcat delivers unlike others
That and I'm sure there will be a good dev team soon makes it seem like a viable option to me

[spartan82]

I would say go with AM a chip in hand and purchasable now is better than the hope of one in the future
Besides we know Friedcat delivers unlike others
That and I'm sure there will be a good dev team soon makes it seem like a viable option to me

The man makes sense lol cryptx do we get a vote on this or are we asking for a bit too much? Haha it would be good to know what our contracts, prices that we are quoted for future chip deals/ PCB development costs are also just so we know what we are looking forward to

[ujka]

1680BTC, they must be paying out of their own pockets aswell to obtain 1PH

Not really. 2BTC for 1.2TH, shipping starts in 2 weeks:
http://shop.rockminer.com/goods.php?id=35

Thats 1.67 BTC per TH if you buy one unit. If you buy a PH and spread it out over 3 months, Im sure that price is negotiable.

Of course you could buy some more peta shares instead. Currently a bargain, trading around 4.7 BTC / TH, excluding mandatory sky high hosting fees and with 50% of the mining revenue reserved to pay back a loan; and after thats paid back,  50% locked in to buy upgrades - probably at similar fantastic prices. Id hurry.

1680btc they (CBCM) plan to rise in IPO is for initial 400th!
that's 4.1 btc per th.

[karol]

Still any information from Cryptx, they didn't post anything in this thread since 23 of May and wer have plenty of unswered questions posted here.
So it looks that it is only for us to make assumption about what happend with our re-investment money etc.
Lack of any communication starts to be very dangerous for shareprice and shareholders.

[crino]

Still any information from Cryptx, they didn't post anything in this thread since 23 of May and wer have plenty of unswered questions posted here.
So it looks that it is only for us to make assumption about what happend with our re-investment money etc.
Lack of any communication starts to be very dangerous for shareprice and shareholders.

I'm starting to get very nervous.

[stompysteve]

Still any information from Cryptx, they didn't post anything in this thread since 23 of May and wer have plenty of unswered questions posted here.
So it looks that it is only for us to make assumption about what happend with our re-investment money etc.
Lack of any communication starts to be very dangerous for shareprice and shareholders.

I'm starting to get very nervous.

From the last update
"Also note that official announcements are made through the Havelock Investments platform so all unit holders are informed."
aka we arent feeding you trolls on the forum anymore