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1961  Other / CPU/GPU Bitcoin mining hardware / Re: Undervolting a 5870 at 0.95v on: April 12, 2012, 12:43:01 PM
Ok miners. I have been doing some testing of my own and I think I have found some more optimal settings.

Before I was running:

650/150/.899v @ 291Mh/s each and 1455Mh/s total

I am now running two 5x5870 rigs at:

800/150/.959v @ 367Mh/s each and 1835Mh/s total

Looks like the .959v setting is the closest to the .95v I was after and am still able to get the 800 core clock. I am also getting 380Mh/s more out of each rig with these settings which is pretty sweet considering the low voltage.

Try it out and let me know if it works for you.
1962  Economy / Services / Re: Gigamining / Teramining on: April 12, 2012, 12:22:47 AM
Well this is quite interesting, it would seem one of the bond holders has decided to make an ETF out of the gigamining bonds he holds.

http://polimedia.us/bitcoin/mpex.php?mpsic=F.GIGA.ETF

This has to be a first! Cheesy
1963  Economy / Marketplace / Re: MPEx goes live! on: April 12, 2012, 12:20:46 AM
Have I got this right, the ask price from the issuer for ETF shares for gigamining bonds is over 10 times higher than the trading value of the underlying assets on GLBSE?

ASK: 0.01770000

900 gigamining bonds = 900,000 F.GIGA.ETF
1 gigamining bond = 1000 F.GIGA.ETF

--> Asking 17.7 BTC per underlying bond!

This is quite interesting. There is an EFT on my bond!
1964  Economy / Services / Re: Gigamining / Teramining on: April 11, 2012, 10:37:24 PM
Gigavps - are you planning to offer any more of these anytime soon?

Hi BinaryMage,

I think I am going to get some coupon payments out, and get the mini-rigs tested and running before I decide on a next move with the bond. I also want to let the glbse.com market settle down a little and for investors to start seeing a return.

So in the short term (4-6 weeks) there will not be another bond issuing. In the medium term (6-12 weeks) my my magic 8-ball says "cannot predict now".  Wink

Best,
gigavps
1965  Economy / Securities / Re: [GLBSE] BFLS - Bitcoin Mining & Sales on: April 11, 2012, 09:52:38 PM
Yeah, that would probably be best.  If you want shares, contact me via PM with the number of shares you wish to purchase and at what price.  I will be offering a portion of the shares privately, so I can be sure that multiple people get them and then I will offer the rest on the public exchange.

Inaba, it seems (to me anyway) like you are trying to back your offer with singles, but at the same time you do not want to give them up.
1966  Economy / Lending / Re: Offering monthly deposits with 10% interest on: April 11, 2012, 08:15:53 PM
This is exactly what is wrong with the society today: too many middle men trying to get rich of others with doing nothing. If this is indeed the case and you can't lend to pirate directly you can lend to me and I'll give you your fair share of the profit. People like this make me sick.

In any case, I don't think that once you have an account you can just throw any amount of money into it and expect interests, makes no sense at all.
INAU pays way more, too.  Huh

15% monthly insured, 30% uninsured.

This is exactly what is wrong with society...... oh wait......
1967  Economy / Services / Re: Gigamining / Teramining on: April 11, 2012, 01:37:41 PM
Ok thought this through once more and I am sorry, because I'm completely wrong up there - if you did it as suggested by me, this would no longer be PPS but a different payout system that would take the hash rate calculated from the difficulty and just pay out the proportional part that 1 MH/s (or anything else) would have created. This might make it much easier (as you could issue dividends as soon as the new difficulty is fixed) but is a different concept.

Everything that's missing in your current payout system imho is a certain point in time where you say that each week begins (I'd recommend something in UTC) and you could (for convenience/transparency) offer a link to every 2016th block where the new difficulty is included, so people can see the exact timestamp on that, which you used. Also the 2**32 thigie might be fixable... Wink

I will offer a 3 BTC bounty for a google doc that does the calculations to the exact specification. Payment windows are Sunday 00:00 to Sunday 23:59 and are paid the following Monday.

Otherwise, we'll call this good enough.
1968  Other / Off-topic / Re: Mini Rig announcement by Butterfly Labs - 25gh/s on: April 11, 2012, 12:58:27 PM
How many rev3 units do you have giga?   Wink Tongue Grin

EDIT:  VVV  Officially off my chair laughing! bastard.  VVV

You know me, I'll post more pics when the time is right.  Wink
1969  Economy / Services / Re: Gigamining / Teramining on: April 11, 2012, 12:57:13 PM
I'd recommend you to just pick a block on a certain date + time and calculate from this block to the next one. You could even set a certain time (e.g. "the last block before 10 AM UTC on Saturday until the last block before 10 AM UTC on the next saturday") to make it more transparent.

Something like:
Week #123:
Blocks #123456 - 123800: Difficulty 1234, 50 BTC/block --> 0.0001 BTC/block per MH/s = 100% PPS, 344 blocks: 0.0001*344 = 0.0344 for this difficulty
Blocks #123801 - 125000: Difficulty 2345, 50 BTC/block --> 0.00001 BTC/block per MH/s = 100% PPS, 1199 blocks: 0.00001*1199 = 0.01199 for this difficulty so far

Week #124:
Blocks #125001 - ...

and so on. (Numbers completely made up)

Also: "The expected number of hashes we need to calculate to find a block with difficulty D is therefore D * 2**48 / 0xffff", meaning your 2^32 estimate is wrong (but only by 0.00something percent... Wink ), see https://en.bitcoin.it/wiki/Difficulty

Hi Sukrim,

Thanks for your reply. I appreciate your input.

What exactly is the difference from saying i'm going to pay for the last 604,800 seconds (aka a week) and your suggestion? How is one "more transparent" than the other?

Thanks,
gigavps
1970  Bitcoin / Bitcoin Discussion / Re: [ANN] A public company will build a huge Bitcoin Mining Operation (ASIC). on: April 11, 2012, 12:28:26 PM
(unless it kills bitcoin completely).

Watch out, the sky is falling!
1971  Economy / Services / Re: Gigamining / Teramining on: April 11, 2012, 12:27:22 PM
I have put up the calculation for computing individual coupon payments at the bottom of the page -> http://gigamining.com

If you find a flaw in my calculation, please let me know.
1972  Other / Off-topic / Re: Mini Rig announcement by Butterfly Labs - 25gh/s on: April 11, 2012, 11:50:43 AM
Has anyone gotten a Rev3 unit yet? BFL said they would be shipping out and the end of March.

Rev3 units are shipping.
1973  Economy / Services / Re: Gigamining / Teramining on: April 11, 2012, 11:50:09 AM
My mining farm is certainly profitable, but diversifying my holdings with a good ROI and an extremely trustworthy operator seems a good call.

Thanks for the vote of confidence BinaryMage. I appreciate your kind words.
1974  Economy / Securities / Re: [GLBSE] BFLS - Bitcoin Mining & Sales on: April 10, 2012, 10:06:16 PM
Inaba,

At what time is this thing being released?

Thanks,
gigavps
1975  Economy / Services / Re: Gigamining / Teramining on: April 10, 2012, 07:44:24 PM
To all bond holders:

You will be able to see, at anytime, the coupon payment made thus far at the link below.

http://gigamining.com/

Enjoy.
1976  Economy / Gambling / Re: [feedback wanted] What do you want to see raffled off on the forums? on: April 10, 2012, 04:59:54 PM
Are you guys interested in a mining contract for raffle?

Yes, do it.

What size? 25Gh? 50Gh? 100Gh?
1977  Economy / Gambling / Re: [feedback wanted] What do you want to see raffled off on the forums? on: April 10, 2012, 04:56:43 PM
Tits 'n' ass.  That is all.

Well, we now know Inaba's likes.

Are you guys interested in a mining contract for raffle?
1978  Economy / Long-term offers / Re: Bitcoin Savings and Trust on: April 10, 2012, 04:30:06 PM
i think i asked this right at the start of the thread somewhere but would like to ask again... is there a maximum allowable account balance?


If there is, it's OVER 9000!11!!!111!!!!!!!

It's at least 25kBTC.

hmmmmmm
1979  Economy / Gambling / Re: [feedback wanted] What do you want to see raffled off on the forums? on: April 10, 2012, 04:20:05 PM
Cost of entry would be high I assume?

.5 BTC to high?
1980  Economy / Gambling / Re: [feedback wanted] What do you want to see raffled off on the forums? on: April 10, 2012, 03:42:56 PM
That would be  Shocked.  I hadn't anticipated that big of a give-away.

Is it too big?
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