Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
Anonymousg64
on 19/05/2014, 05:15:23 UTC
Quote from: Anonymousg64
PETA is meant to be a mining operation that continues to function indefinitely

How can petamine function indefinitely when they are charging themselves $0.25/kwh vs the competition at less than $0.05/kwh?

how are the others making any profit? they might be charging differently
PETA's margin is in that amount, and 20% profit is pretty good, i expect they will reduce that as the operation grows