It reduces my risk exposure to run more than the full 200Gh for the next 4 months. It has been my plan all along to get above 200Gh and I fully intent to see this through. SC has thrown everything out of whack and I have had to change my original plans along with it.

Hi DILLIGAF,

I understand that you don't like the way I have handled gigamining. That is fine. Where I draw the line is using inappropriate language towards myself or others in this thread. If you would like to speculate about gigamining, rant about something I've done wrong or just troll me, that is fine.

I would like to ask that you please refrain from this in the future.

Best regards,
gigavps

Hi EskimoBob,

If you would like to discuss all mining bonds, please start your own thread. If you have something specifically about gigamining you would like to add, please feel free.

Thanks,
gigavps

Hi DiabloD3,

I have not. If I replaced the current mining bond with a fixed coupon payment, I would be taking on even more risk. For instance, there have been two MAJOR events this week / weekend that could have been a lot worse then they ended up being.

• Most know that one of the mini rigs stopped working the first night. BFL quickly took this back and is burn-in testing it with gigamining details at their facilities.
• The condenser motor for the HVAC system in FL "shat the bed" on Friday evening. This caused the DC to become fairly hot and everything needed to be shut down for 16 hours while the HVAC contractor came and fixed things. If I had not put systems and procedures in place before hand along with a commercial HVAC contractor account, this event could have caused multiple days of downtime since it happened on the weekend.

Gigamining came with a premium in price for exactly these reasons. I've take on the risk of running and managing the equipment along with all of the pitfalls that come along with it. This is why I decided to share the risk along with the profits.

Best,
gigavps

Hi steelhouse,

I have quoted the contract below. Please help me understand where you feel I would be in violation of the bond contract.

Thanks,
gigavps

I've put a poll up to gauge interest in TERAMINING.

Instead of me rattling off what I plan to do again, I would like to hear what interested parties think and hopefully gauge what interest their is in this idea.

I have updated the mgpumon config to not report low temps as issues in the farm.

I do provide these web pages in an attempt to provide transparency into gigaminings operations. If you would rather not see them, just let me know and I'll block the ports.

Thanks BFL!

I can post a video when I am back in town in July.


1 mini rig is 45lbs. They are monsters.


The singles are still running strong. They are the most maintenance free mining devices I have ever used.


Equipment breaks. What IS impressive is BFL's response and how they are handling the situation.

yup

Loose measurements are: 12w x 17h x 19d

I sent the one mini rig back to BFL for a diagnosis and some more burn in testing. I'll not be opening one of these puppies up anytime soon.

WOW.

I go on a little drive for 10 hours and I come back to 3 pages of:

• Estimations of how much money has been made / lost / ponzi'd
• Ciuciu telling me to get out of the mining game which by the way, won't happen
• DILLIGAF keepin at it, gotta admire his pit bull spirit
• Others wondering what is going to happen with Gigamining and moar speculation

What's next? Are you guys going to start suggesting that Pirateat40 and I are the same person? 

Gigamining's current state

• 1 of the 4 mini rigs died, looks to be the PSU. I have overnighted it back to BFL so they can fix it up and run some extended burn in tests.
• I still need to make a move for another 100Gh before SC comes out, more to come on this when I make a final decision. Never hurts to take your time and make sure you have all of the facts before pulling the trigger.

Gigamining's future

I have already reserved the tickers TERAMINING AND PETAMINING on glbse.com. There will be a trade up program to teramining when SC comes out. What it will look like depends on multiple factors which unless you can predict the future, we'll need to take a wait and see approach on.

Gigaminers have put a lot of trust that I would help make them returns. I take this responsibility very seriously and do not want to leave anyone behind. I know it may be hard to see for some, but there multiple angles to look at here and not all of them include dollars, btc and cents.

Best,
gigavps

lulz.

If it were shopped, i wouldn't be worrying that one of them is down at the moment.....

This is par for the course with new technology though, so this is not totally unexpected. Probably just a power supply or some judo trick I need to learn with the MR.

Hi mb300sd,

I have to use a special reporting agent in BAMT which currently does not show what pool each FPGA is using. They are however running on GPUMAX.

Best,
gigavps

It's because it's 100Gh!

I'm not quite sure if many of you have tried to run 100Gh of GPUs. It's pretty much a 10hr a day job.

These things are setup and go.

Didn't have my camera with me. Just the iPhone....

I guess some pics are better then no pics. 

The front screens are currently only showing preset information. BFL has stated that this will be fixed in coming revisions of the case / chaining of the PCBs inside the case. We saw the same thing with the singles and as more come out, they will correct these relatively minor issues.

For me, I could care less about the screen as long as the thing is hashing away.

The are fairly quite compared to a 4x5970 reference rig running at 80% fans. I probably wouldn't run them in my living room though.


I do not have something to measure power draw on 208v. I'm happy taking BFL's word on the power draw side of things.

The total average hash rate in bfgminer is around 103.5Gh/s. BFL has OVER DELIVERED on the hash rate of these things!