Quote from: BiteMyShinyMetalAss on May 23, 2014, 08:25:01 AM

Quote from: EdoBcn on May 23, 2014, 08:11:16 AM

Congrats for the full IPO sell out!!!

+10 for "Cryptx should own shares as well" thing.

From the http://www.cryptocoinsnews.com/news/cryptx-petamine-ipo/2014/05/23
"The CryptX PetaMine data-center is located in Belgium and is completely powered by wind and solar energy, thus making it both energy efficient and environmentally friendly. "

But he told us that his powerplant is enough to power only 1% of PETA. I'm confused. Can you buy certified clean energy in Belgium?
Anyway, good one. I'm sorry I jumped on Scryptx. I could have almost doubled my share/btc value. Shit happens.

He never said it. He said, 1-6% of total energy produced by the plant goes to PETA and PETA is 100% powered from the solar plant.

Except... he didn't.

Quote from: cryptx on May 19, 2014, 02:13:35 PM

Quote from: EdoBcn on May 19, 2014, 02:09:13 PM

spend only 1% of your solar powerplant capacity

"We have a 350,000 Watt solar facility at site, which is owned by another company of us. To give you all an idea what this means:
In Belgium a 350kW installation has a yearly revenue of about 300,000 Kwh. The PetaMine consumes about 500 kw or 1285 kw after IPO (500*1 + 1000*0.785), this means between 4,380,000kwh and 11,256,600kwh each year. This is without any growth!
So our own electricity is only between 6.8% and ?? 1,1% of all electricity needed. What do you think such an installation costs?"

I think you don't understand...the electricity produced from the 350k solar plant is only about 1-6% of all electricity used by the PetaMine.

ChefBorjan

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