Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
Puppet
on 06/06/2014, 23:26:40 UTC
so, AM is down more than 2000%..

AM paid out its investors considerably over IPO price in dividends alone and its shares still trade at 3x its IPO price. Never ever gonna happen with cryptx or any mining security.

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Difficulty could increase 500%, we are still churning out BTC with some of the most efficient hardware on market

Purchased at a cost that is a multiple of what it costs competitors who produce their own asics. And with electricity costs that are up to an order of magnitude higher.

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of course should that be the case we'd churning it roughly 5x slower (if theres no investments, no adjustments to dividend ration etc, but BTC is being mined nonetheless)

You just dont get it do you. Of course you'll still mine BTC's, but never enough to pay the investment. Maybe you'll begin to understand once you've had your Monarch for a few months.

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You don't account for replacing hardware entirely, nor previously accumulated dividends, nor liquidating hardware, nor selling shares.

Because none of that changes anything fundamentally.

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Also, You still didn't put your money where your mouth is either, the one that went like this: I'll give you 10btc if I'm a bagholder in 6 months, otherwise you pay me

Thats rich. No one so far has taken up on my offer. Do you want to?