Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
Netwerked
on 03/09/2014, 15:37:06 UTC
Trimonthly reality check: If you don't own any shares, then why do you post here all day every day for months on end?
It's equivalent to rubbernecking at an accident.  You know you shouldn't slow down to look at the wreck, but curiosity gets the better of you.
Just move a small amount of bitcoin to HavelockInventments and buy a PETA or two.   Then you wont have to rubberneck.  In the worst case you won't lose much, but 1/2 a cup of coffee.
I'll assume that's your sense of humor Wink  Why would I knowingly want to give away money?  I donate to charity, but that's for a good cause at least.  I could take that money and gamble with it, and I would have a 49% chance of coming out ahead.  I just don't see how buying any PETA shares would ever be profitable, unless day trading.  Even with successful day trading, it doesn't seem like there would be much profit.  The math didn't add up for me, and my scenarios were more optimistic than what has actually happened over the past couple of months.  I do wish the best for the current share holders though.

I think the best chance of making any money mining is via cloud mining, however, with difficulty rising an average of 16% every 2 weeks, that's even risky.  I know the thought is that the difficulty increases will eventually level off, but how soon and for how long?  It's a very competitive environment.