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Showing 20 of 37 results by oma5
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 22/09/2014, 16:05:33 UTC
 Sad ...the mine should be shutting down any moment...
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 18/09/2014, 15:23:05 UTC
ok ok, but today 0.00000742 BTC/unit  Wink
Still not zero!  Tongue
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 18/09/2014, 00:59:53 UTC
Bitcoin is dead. Long live Bitcoin.
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 16/09/2014, 00:43:52 UTC
I guess that's it. No more comments. Everyone's thrown in the towel...
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 22/08/2014, 15:31:36 UTC
Either way the price has rallied from what some people said was certainly the death of PETA,I feel like I need Dramamine

The death knell for PETA was sounded ages ago...whether or not people choose to listen to it is a different story.

Yeah - but don't forget, one can make money in any market! Even on a dying enterprise!  Smiley
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 21/08/2014, 20:27:09 UTC
Well, would it take 2 days to affect the revenues?

Yes. Possibly even more, depending on how the pool organizes the PPLN rounds and how many confirmations they need for determining maturity, how fast they pay out etc.

Regardless if you think (on average) div's are going up or even remain flat,  I have a bridge to sell. You are getting to the point where nearly 50% of the mining revenue is spent on fees. What do you think will happen to divs if average mining revenue drops by 20%? Hint: they dont just drop by 20%.

...or the Bitcoin price increases to $1200 again!?  Wink
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 14/08/2014, 18:35:55 UTC
They seem to be in freefall right now... to the people (ie Puppet) who have been incredibly bearish on PETA, at what point, if any, do you see these becoming a good investment?
In short under peta's current model the timeline for these becoming a good investment will probably happen around the 2nd of Nebruary (that's right, the 2nd February of Never!)

The fixed elec/hosting fee's of this operation coupled with the fact that there is no longer any hardware reinvestment fund to et all basically guarantees that this asset is on the fast-track to 0 for investors.  

CryptX and company sure do appreciate your investment though I'm sure.
*smacking myself in the head for still owning any of these

*IPO Magic: I wish I would've been wrong though :/

There seems to be quite a correlation between the dividends and the daily Bitcoin price fluctuations. Probably the fixed costs (in fiat currency) are seriously eating into the dividends as the Bitcoin price drops. The swings are amplified as the difficulty hampers coin generation. We should see the dividends go up (less the difficulty increase) when the BTC price rises again - if at all! It is inevitable that mining will stop when the fixed costs = the bitcoins generated. It was a suicide vote to not invest in new mining equipment! We can only hope for Nebruary...
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 07/08/2014, 16:10:59 UTC
... What other investment pays such high dividends daily.. weekly.. or even monthly?...

SCRYPT comes close, so you might want to diversify your portfolio Roll Eyes
*If you find such numbers meaningful, there's also B.SELL Smiley

http://s30.postimg.org/nrlcd07r5/Capture.jpg

Go go go!

Lmao, well pinhead my portfolio is diversified enough spanning well outside of havelock investments. With regards to your comment with B.Sell... looking at a yearly yield for these type of investments shows me that your not to smart. It's volatile as hell. Also, the trade volume is less than 500 per day on b.sell. lol. And roughly less than 50 per day on scryptx.

Edit:

Can't find the block button and to lazy to look if there is one. Otherwise I'd block you for your stupidity. Most I found was ignore, but it's hard to ignore an idiot when your stupid name comes up under posts.... look like im stuck with your comments. Do carry on though, I kind of missed you.

Well, comments like this will definitely make our dividends grow!  Sad
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 06/08/2014, 18:42:57 UTC
...and the dividends keep coming...  Smiley
Meanwhile there are many black swans in the economy that are looming - these will:
1) most likely cause a stock market crash
2) drive precious metals prices up
3) make Bitcoin even more attractive than it already is
As an example, look at how much Bitcoin is gaining popularity in Argentina now that they defaulted!
With all this, our dividends will likely become more and more valuable in fiat terms. Our mine, therefore should also become more valuable which will be reflected in the share price.
I don't believe that everything is negative! At this point in time, the potential for an upside move is just as good as the potential for a downside move.
So, is the risk worth it? You can vote with your shares - sell them, or buy more!
The beauty of mining is we don't have to buy any more bitcoins - we just get bitcoins every day - day in and day out...!!! What could be better?
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 31/07/2014, 13:45:51 UTC
any one know how to do the math on  , at what price does btc have to drop to  ,to have 0.00 divdends. a rough estimate will work too.
Your question doesn't make sense.  Dividends are not a function of BTC price.

You probably are asking what difficulty.   I don't know, but you can probably figure that double the difficulty is 1/2 the dividend.  So if the dividend is ~1000 satoshis would be less ~ 0 after 11 doublings.   So 140 PH/s * 2048 ==> ~ 280 EH/s.   (1000 PH/s = 1 EH/s)
  i meant  , if btc drops too low  , the  coins mine would  not be able to cover the hosting/power cost or what not. im assuming they trade the coins in for cash to pay the upkeep.  what price would it have to fall to   make the dividends be at zero.
My guess is it wouldn't have to be quite as much as people think.  Somewhere around $325-350ish range would be my guess.  Based on a rough guesses as to the power consumption for the hardware he's running and it's efficiency.  Since his hosting and electric fee's will continue to be the same from here on out it appears :/

So, with all these fixed costs, at some point we'll have to shut down the mine until the bitcoin price makes it profitable again! I wonder if that will be sooner rather than later!
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 29/07/2014, 14:00:29 UTC
today's dividends 0.00001416

hasn't been a good dividend since the difficulty increase.

...and the difficulty increase was not as great as the dividend drop. But we've seen wildly fluctuating dividends all along. This may average out better than it looks...
But the trend is definitely down, down, down...  Sad
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 25/07/2014, 00:21:56 UTC
Estimated Next Difficulty:   18,679,795,923 (+7.75%) (it might be less)
Adjust time:   After 149 Blocks, About 23.1 hours
We will get the next dividend before the change...
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 24/07/2014, 13:31:37 UTC
We've already surpassed last week's dividend amount and still have tomorrows to receive.
The difficulty will be going up but how much will that really affect the dividend? Yeah... a bit...
All the negative on this forum has not really come to pass yet.
This is still a darned good investment!
So go a head and speculate and gripe all you want, but the reality (real bitcoins in our pocket) does not exactly concur.
 Smiley
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
oma5
on 20/07/2014, 16:08:22 UTC
Amazing how the dividends keep decreasing!
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Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
by
oma5
on 23/06/2014, 07:16:34 UTC
Glad I kept my stink bid in place. Thanks for making your shares available at such low prices!  Cheesy
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Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
oma5
on 08/06/2014, 13:36:56 UTC
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Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
oma5
on 07/06/2014, 12:09:11 UTC
Impressive dividend.  Smiley
If you aren't withdrawing divs from havelock, nor reinvesting them it might make sense to stick some bids up
you can put them low on the off-chance they get filled. Better than leaving them on wallet doing nothing
More buy support is never a bad look

Agreed!
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Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
oma5
on 05/06/2014, 09:55:43 UTC
IPO was 0.095 BTC per share for 15GH/s or 6.7 BTC/TH.

You are forgetting everyone was increased to 15GH/s


 Huh

Anyway, since you seem both sure of your investment, and willing to double down, I have an opportunity for you. I could ask you to borrow me some shares so I can short them, but unfortunately thats not very practical and I dont feel like registering and depending on havelock, so lets make this an escrowed bet. Ill bet you 10BTC that 6 months from now, the sum of cryptx share/bond/'unit' price plus all paid dividends will be less than the 0.0975 IPO price, or shares are no longer publicly tradeable. If you win, you will double your investment, something I dont believe even you will think possible by buying cryptx shares.

Who's game?

Do You really want to play this game? I bought shares per 0.05 last IPO, now after 6 month I gain 50% (assuming 0.075 price) even without divs..

...on paper... Can you sell your shares in an illiquid market without causing the price to go down significantly?
For me, once dividended BTC > invested BTC, take your principal out and you can take the 'free ride'!.
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Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
oma5
on 04/06/2014, 15:13:00 UTC
We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.

Such a trade in a regulated market would certainly have caught the eye of regulators.

No it wouldn't have! Look at the recent gold and silver price smash downs! Sad
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Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
oma5
on 31/05/2014, 16:32:19 UTC
This site is really becoming quite useless. You guys should give up this mud slinging!

We are simply investing our virtual tokens in a mine that is producing more virtual tokens. So, we don't actually own the equipment that produces the tokens, but instead  we have decided to invest our tokens into the imprecisely explained promise to receive a certain percentage of tokens generated and calculated from how many tokens we invested out of the total number invested by the whole group. There is no money involved and the tokens only exist by virtue of the fact that a corresponding transaction is recorded on a block chain that has no physical existence. Some people traded real money to obtain tokens to invest but they did not pay anything real (but only tokens) to 'buy into' the promise. So, how can trading in tokens be any different than using Monopoly money to buy four green houses? This is all only a game. It makes no difference if later we can exchange these tokens for real money. There are other games on the internet where we can pay real money to play a virtual game in a virtual world.

The fact that we have this hope and belief that we might be able to exchange these tokens to real cash does not change the fact that this is only a game we are playing.