he doesn't need one. take the amount we spend in reinvestment, and divide it by the amount of units we receive, then times it by their hashing power.

also, while im here.


RENT is only trading above its first IPO price because of an incremental IPO that they are still releasing.


No, this is crazy. why should they? its clear the original delays were out of their hands and impacted pretty much the whole industry. But its clear they are now working their asses off to smash through our original schedule.

anyways.

i love how this place turns to shit. i mean, every time it does the share price drops and i make money, which is great, but its mostly silly what's being written here. BTC will rise at a ridiculous rate in the new few months, difficulty will also go up with it. All this talk that difficulty will stagnate when we have all the GEN3 chips coming through soon is crazy.

all that matters in our space is deployment.

By saying PETA-MINE is going to die your basically saying the rest of the mining industry will die to. compared to everyone else, we have low costs, cheap reinvestment, we even have our own fucking machines that we can build to circumvent third-party suppliers. we're better placed than ALL of the competition apart from one potential startup that hasn't even built their first machine yet.

the most annoying thing, and i tell you, the most fucking annoying thing, is all this doom and gloom if things carry on the way they are going this project is going to the shit. BTC isn't going to continue to drop, we're just recovering from the last bubble and getting hit week in week out with bad news from china. this isn't going to continue. the rise last week to the $500's was the first week we've had without china dragging us down. but its end of days in china right now and the market is becoming more and more resilient to it each week. if you listen to any of the news coming out from the big traders, things that were written months and months ago, all of this has been expected and predicted a long time ago. i've posted links here before to where you can follow this insight but im not going to post it again.

gahhhh. i love mondays.

to cheer you all up, we have mined nearly 90 BTC already this week. the next dividend is going to smash the last one, even with the price of BTC falling. and when the next batch of our new units come through so will the next one.

i can't understand how the sentiment here changes so quickly on a weekly basis. anyways, keep it going guys, without all this bullshit, and most of it is, i'd be allot poorer than i was yesterday.

/rant

peaceee