Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
stompysteve
on 20/08/2014, 04:12:44 UTC
So are they really gonna just let it die?I would think they would be forced to do something soon or liquidate and pay out a one time big dividend

You seem to be under the impression that this is not going the way cryptx planned, and that the purpose of the project is not to extract the maximum amount of hosting fees.

This situation was already foreseen in the prospectus - see the section under dissolution.

However, it's pretty doubtful that there will be any value left in the assets at that point in time.
the prospectus is still pretty vague on whats going to happen

what do you think the hardware would be worth once they cant pay their power bill, thats alot of hardware to dump all at once
~1150 x used 1TH miners .6 BTC
0.00060000626 for the final div per share

share price right now = 1.20BTC/TH