Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
dhenson
on 26/05/2014, 21:30:03 UTC
We're getting exactly 15GH/s, everything above that is pocketed by PetaMine.
Well, the deal in new IPO is 15G/s per share sold, so I can not blame them for private hashing with the rest of hardware (if they already bought 1500TH).

Me neither. I guess I just take offense at the last line of their mail "Now let’s sell this IPO." ("... or don't cause we don't really care either way at this point!")

I don't think that is accurate. As far as I understand it, if the IPO sells out, dividends will start being paid immediately. If not, they will be withheld until the hardware cost is recouped.