Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
hephaist0s
on 03/09/2014, 01:39:13 UTC
Yes, so one would expect them to have an interest in reducing the running costs of the mine.

Lol?
Of course he has -and always had- an interest in minimizing the actual running costs, which one can only guess. But the difference between that, and the $0.15/GH "hosting fee" is what butters his sandwich. And yes, within a month or two, he will drop those fees; otherwise dividends would end up being negative, prompting a sale of his farm and ending his hosting fee revenue. So most likely you will see him come up with some excuse as to why he can suddenly reduce the fees and keep paying a few dozen satoshi's in divs until there is barely any resale value in the hardware. So after losing their shirt, pants and socks,  'unit' holders lose their underwear too.

Still looking good though. Annual Yield 584.66%. What a bargain Smiley

Trimonthly reality check: If you don't own any shares, then why do you post here all day every day for months on end?