Post
Topic
Board Securities
Re: [Crypto-stocks] PETA-MINE 16 TH/s Fourth Dividend of 7,14% paid
by
Bitcoin2Cheval
on 15/11/2013, 00:39:52 UTC
CryptX correct me if i'm wrong,

until mid december, CryptX is mining with the free 20TH/s, whitch are 13.73 Th/s in reality (following Eligius Pool Statistics).
Until now, 63,496 shares were sold. so until mid december every share represent (13.73 Th/s)/63,496 so more or less 0,216 Gh/s by Share. Every friday, you take the weekly BTC mined, you substract your cost and you distribute the dividende entirely. There is no 35% reinvestment, it will come with the december deployement.

By Mid december, you will add 1Gh/s by share, on this 1Gh/s you will redistribute 65% in dividend and reinvest 35% in hardware mining, you will still maintain the 20% free with a 100% dividend until the 0,065 btc by share is paid back.

2 questions :
what are your cost more or less? 5% of the mining income? 3%?
what will be the effect of the 35% reinvestment, on the mining hashrate by share (more or less)? will the hashrate by share increase by 35% monthly ? i hope you will be transparent with those 35%.

thank you