The LTB Network Forum

PETAMINE.XCP - Mine bitcoin with your counterwallet! [Vote Complete]

Back to Metacoin Central

Comments

• Cryptonaut

  

  Offline
  Posts: 1944
  Location: Canada

  Also, quick update. I started a spreadsheet which I will be updating daily which has the specific dividend earning numbers :)

  https://docs.google.com/spreadsheets/d/1Q64x5s_xwJytDPHfwbZtnuuxFB96mXzSDaqIY1W0BY0

  Posted on August 12, 2014 at 9:37 AM
  Permalink
  1 like
• CrimsonRoze

  

  Offline
  Posts: 295
  Location: Göteborg, Sweden

  Is there an automated vending machine somewhere where we could put in XBT and get out the BTC?

  If so, what is it's track record? how reliable is it? who runs it?

  The only thing keeping me from putting in a small amount to try with is that I don't get the payment back in BTC which means yet one more layer of things that can go wrong.

  Posted on August 12, 2014 at 9:40 AM
  Permalink
  0 likes
• Cryptonaut

  

  Offline
  Posts: 1944
  Location: Canada

  @crimsonroze Is there an automated vending machine somewhere where we could put in XBT and get out the BTC?

  If so, what is it's track record? how reliable is it? who runs it?

  The only thing keeping me from putting in a small amount to try with is that I don't get the payment back in BTC which means yet one more layer of things that can go wrong.

  Yes there is an automated XBTC vending machine. You can find the address (and more details) for it here: https://forums.counterparty.co/index.php/topic,404.0.html

  The owner of XBTC is Jeremy Lam (known as Global Trade Repo on the counterparty forums), the guy behind Vendd.io (the guy that originally made the automated vending machines - interviewed on a LTB episode once I believe). He also runs a similar mining fund for Ghash.io (GIGAHASH). Hes on the forums to.. @led_lcd

  Posted on August 12, 2014 at 9:48 AM
  Last Edited: August 12, 2014 at 10:02 AM
  Permalink
  0 likes
• mikerbiker6

  

  Offline
  Posts: 117

  @kerneloops

  @wassup Isn't it photoshopped? ;)

  Hopefully, because if I had those kinds of holdings, I sure as s**t wouldn't be advertising it on a forum :)

  yep edited some elements for fun via google chrome-> inspect element. If I really had those funds I wouldn't leave them in my webwallet. :)

  Posted on August 12, 2014 at 10:10 AM
  Permalink
  0 likes
• goldbit

  

  Offline
  Posts: 67
  Location: United States

  @cryptonaut Ok quick Question: The 1 free Petamine token we got yesterday, does it get these dividends daily too or just the ones freshly bought?

  Posted on August 12, 2014 at 10:53 AM
  Last Edited: August 12, 2014 at 10:54 AM
  Permalink
  0 likes
• Cryptonaut

  

  Offline
  Posts: 1944
  Location: Canada

  @goldbit @cryptonaut Ok quick Question: The 1 free Petamine token we got yesterday, does it get these dividends daily too or just the ones freshly bought?

  yep, even if you hold 1 PETAMINE token you will still get some of the dividends each week.

  Posted on August 12, 2014 at 10:55 AM
  Permalink
  0 likes
• eshriek

  

  Offline
  Posts: 225

  The main difference being that with the PETAMINE counterparty fund, you dont need to bother checking havelock every day and keeping up on the daily reinvestments etc.. so if you want to keep that extra 2% and do your own reinvestment strategy (and have the time to keep up on it), then feel free :)

  Yeah, I hear that... Lost my 2-factor auth on Havelock a while back. I think I watched my funds decline for about 4 days before they reset it for me. Not fun.

  Posted on August 12, 2014 at 12:18 PM
  Permalink
  0 likes
• brkb

  

  Offline
  Posts: 34
  Location: omaha

  Thank you for free PETAMINE.XCP !

  Posted on August 12, 2014 at 12:29 PM
  Permalink
  0 likes
• dgiors

  

  Offline
  Posts: 74
  Location: California

  @cryptonaut

  10 PETAMINE = 1 PetaMine (Havelock). my 0.000185 quote is correct. slightly confusing I know haha

  That's what I get for just skimming your OP. Sounds like a neat idea. Why was it decided to do the 10:1 ratio? Seems arbitrarily confusing.

  Thanks for the gifted token.

  Posted on August 12, 2014 at 2:55 PM
  Permalink
  0 likes
• lainfinity

  

  Offline
  Posts: 76
  Location: Multiverse

  @cryptonaut Also, quick update. I started a spreadsheet which I will be updating daily which has the specific dividend earning numbers :)

  https://docs.google.com/spreadsheets/d/1Q64x5s_xwJytDPHfwbZtnuuxFB96mXzSDaqIY1W0BY0

  Thanks for the token and your updates.

  Posted on August 12, 2014 at 3:06 PM
  Last Edited: August 12, 2014 at 3:07 PM
  Permalink
  0 likes

Post Reply