Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
by
Freeside
on 22/06/2014, 20:55:21 UTC
@theMiracle, just want to check, that was mockery right? (Hope your grandma can cope sans chair)

 I’m not even sure if any of those posts were in response to my first, or even that anyone read it,  but I’m going to carry on regardless.

I get that PETA isn’t looking too bright right now, especially with the ever increasing hash rate. But rather than kicking cryptX, who seems to have a pretty good track record so far and has gone out of their way to keep the mine afloat, why not have a discussion on what to do about the situation rather than sounding the dive alarm and posting titanic gif’s ? (funny as it is)

Rather than start a selling panic where we all lose out by selling below IPO, why not find a way to fix the mine so we all win?

PETA has  ~1.2 petahash right? The network is now ~130 petahash  so we are at about 0.9% or 313BTC or 185,100 USD per WEEK! Now maybe I’m just dirt poor, but that sounds like a lot of mulla to me. I’m no mining expert (clearly), but that HAS to be more than enough to buy new mining gear and dig ourselves out of this hole right? 
If it’s not possible (and please tell me if it’s not) then why is ANYONE still mining? We have to keep up with the network, probably at the cost of divs, else we’re all down and out.

Does this make sense to anyone here? Am I nuts, why would stopping divs to pay back the mine not be a good idea?  Is there anyone posting here who is NOT trying troll the price down lower?