Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE

spend only 1% of your solar powerplant capacity

"We have a 350,000 Watt solar facility at site, which is owned by another company of us. To give you all an idea what this means:
In Belgium a 350kW installation has a yearly revenue of about 300,000 Kwh. The PetaMine consumes about 500 kw or 1285 kw after IPO (500*1 + 1000*0.785), this means between 4,380,000kwh and 11,256,600kwh each year. This is without any growth!
So our own electricity is only between 6.8% and ?? 1,1% of all electricity needed. What do you think such an installation costs?"

I think you don't understand...the electricity produced from the 350k solar plant is only about 1-6% of all electricity used by the PetaMine.

my bad. I got it wrong.
This is actually a good thing. Glad I mistaken myself.

So far people have most problem with "no dividends" in the next few weeks.
And that's the key to this ipo being success or not.
My opinion is that we keep 0.0015 dividends until debt is cleared.
Is that OK, Cryptx?