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
I'm confused is petamine paying $0.25/kwh or is that a service by petamine which customers pay that rate?
CrytpX takes out $0.25/kwh out from the total BTC mined by Petamine for the week. This is taken out and after that the dividends and reinvestment is calculated from what is left over. I'm not sure how much CryptX pays per kwh and it might be posted in this thread or the prospectus, but that fee also includes warehouse space and maintenance cost.