Congrats for the full IPO sell out!!!
+10 for "Cryptx should own shares as well" thing.
From the
http://www.cryptocoinsnews.com/news/cryptx-petamine-ipo/2014/05/23"The CryptX PetaMine data-center is located in Belgium and is completely powered by wind and solar energy, thus making it both energy efficient and environmentally friendly. "
But he told us that his powerplant is enough to power only 1% of PETA. I'm confused. Can you buy certified clean energy in Belgium?
Anyway, good one. I'm sorry I jumped on Scryptx. I could have almost doubled my share/btc value. Shit happens.
He never said it. He said, 1-6% of total energy produced by the plant goes to PETA and PETA is 100% powered from the solar plant.
Except... he didn't.
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.