I've just discovered PETA while browsing Havelock and am interested in learning more and possibly investing.
I did a bit of math, to see how long it would take to pay back my investment by earning dividends:
PETA Last dividend: 0.00063172 BTC/unit/week
PETA Last price: 0.07200201 BTC/unit
Weeks to recoup unit cost: 0.07200201 / 0.00063172 =~ 114 weeks = 2.2 years
Even if the dividends were to double, we are still looking at over a year. Is this calculation meaningful? Is 1 - 2 years to recoup this investment considered good, bad, or so-so? What am I not factoring in or taking into consideration? How are you seeing the value of this investment?
I guess I'm questioning this because most mining operations expect to recoup their investment in months, not years.
You need to read the update pages posted on Havelock. We are currently at 120ths of a initially planned 700ths- there is supplier-sided delay of ordered mining rigs that have pushed the mine slightly behind schedule- so the dividends that you see now are a fraction of what they will be in a short while. You also need to realise that 35% of profits are set aside for reinvestment. Cryptx has been extremely transparent with delays and planning through this process- so I feel confident about the future of Peta. All things going to plan (which is always a risk in the crypto world) ROI should be significantly faster than 2 years!