Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
rdyoung
on 17/07/2014, 15:24:38 UTC
please advise if I get it correct how everything goes now - as there is no reinvestment into the equipment, PETA is getting more and more behind the difficulty. as a result, dividends are to decrease towards zero, until hosting fees will exceed the income.

as I get it, share price must crash at some point right before this happens.

how else can I see it apart from it will be and end of PETA?

The same as other cloud hashing providers. Its in their interest to keep the mine profitable, that means that when faster/more efficient hardware is available they swap out the existing hardware, any excess hashrate from new hardware could either be added to current dividends or sold as a PO.