Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
DebitMe
on 16/05/2014, 18:15:24 UTC
Fantastic news CryptX!

Someone please correct my math here if I am wrong....

Today's dividend was 0.0015042/unit @ approx 500 TH

0.0015042 * 3 (1500 TH) = 0.0045126/unit in dividends... (approx)

If you hold 100 Shares that is a weekly dividend of = 0.45126/week ?

Thats approx 1.80504 BTC a month ?

Questions I have around the IPO
-------------------------------

1) Will dividends stop between 19 - 31 May and continue 1st Week of June ?
2) Will hardware be deployed immediately after IPO ?
3) Estimated time to 1500 TH/s mining ? i.e. 1st Week June, 1st Week July ?

Overall thanks a million and keep up the good work.


All of that information is in the prospectus.  And you have to account for the increase in shares between 0 and 33000 when calculating dividends.

1) Yes
2) Deployment starts on the 26th.
3) Everything deployed by the end of the month.

Whoops, typed the wrong word for number 1), meant Yes...Ugh was thinking of something else.