Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
xe99
on 18/05/2014, 19:41:06 UTC
I was wondering if someone could clarify a couple things i'm still confused about? i have not been following PETA or CryptX and have only been lurking past couple days after Havelock announcement. I'm new to difficulty and mining as well so forgive questions if they are overly elementary.

After reading the recent update on havelock about the upcoming ipo offerings and reading back the last half dozen or so pages of this thread...i am confused still when dividends at 15/GH will start being paid back to investors?

forgive me if this was obvious somewhere and i simply missed it but so far i haven’t come across a concrete answer.

from the information iv'e come across on the chart posted a page or so back, it seems this happens after all ipo shares have been sold. at this point dividends to invest are zero and i assume start to be funnelled back to investors. what happens if they do not all sell and when is the final offering ending? whats the backup plan if not even a fraction of the final shares offered are sold?

and how do you guarantee any of this? you claim 25,000 bitcoin will be mined in a year but even a modest increase in difficulty to 15,000,000,000 which seems very likely in next couple months, you will be lucky to pull 18,000 BTC. what am i missing?

are investors guaranteed 15/GH dividends no matter what happens by a certain date? I'd like to invest a little bitcoin but so far some things not adding up for me.

thanks for any help answering these questions.