What do you think your dividend per share will be in November? Your cumulative dividend balance? The reinvestment fund balance?

If you don't know the answer to these questions, the semi is coming down the highway and you are having a staring contest with its headlights.

If it did reflect value, it would be at about .02 at the highest.

The current price reflects that somehow this security is going to become profitable in the long term. The mine hash speed has to get ahead of the bitcoin network hash curve... I just don't see how that can be achieved. Someone please step in and show me some numbers. I can take being wrong, but I just don't see it. The amount of risk in PETA is astronomical.

The only answer is drastically lower hosting costs and access to mining hardware at cost.

I started doing some work yesterday...

My numbers showed that by the time the mine is unprofitable(November), there will be ~275BTC in the reinvestment fund and .0105 BTC will have been paid out per share in dividends.

My assumptions were:
1% daily hash growth rate(conservative)
Steady BTC value
Steady Hosting fees

I don't believe there is much of a chance to recover from the situation, but it starts with hosting cost cuts. Reinvestment percentage adjustment may help, but that also adds a lot of risk into the equation. A surge in bitcoin price may also paint a brighter picture. Loans are not the answer.

I intended on building a full featured simulation, but I didn't get that far as the numbers scared me away. It is half baked and unfinished, but here is what I was looking at.

https://docs.google.com/spreadsheets/d/1eL662fjYBEmzte5ucxkIIykYzE--9bgIXeEiDZhRAW8

Disclaimer: I am an amateur who has no idea what I am doing

+1

A lot of people want to help solve the "51% problem," but don't know how. /r/bitcoin is going crazy over this right now. If PETA was able to move to p2pool and get some positive press, a lot of people would move funds in to simply bring down the network share that central pools have. This could be a big selling point, even if we only moved a portion of the miners over.