How much was the value of those 200BTC when you invested them? And how much was the value of the over 50 bitcoins when you received them? Add those $500. Are you still losing money?

If you think $500 is too little, just don't sell it and wait for the bitcoins to be mined.

Actually is it possible to sell the whole account, because things would not change for sponsor/referrals. Selling only one deposit is a bit more complicated but I may try to think if there is a way to do it without disrupting things. If it's on the recent queue and you choose the "sell" option, the account value should ben very close to the amount sent.

I forgot to mention that sold accounts are not deleted, therefore nothing will change for sponsor or referrals of the accounts being sold.

I can't tell the exaxt process size because it would help to discover who is the partner who will supply chips, with whom I signed an NDA. However they are new generation and they are smaller than 30nm.

I just added the option to sell the account and quit. The value is calculated on the bitcoin value at the deposit time, taking into consideration exchange/bank/management fees, payouts already made and the current bitcoin value. The option is located on the right column in the account profile. The sale is final and can not be reverted.

Beware that I have to process manually the sales, so the payout is not real time. Requests will be however processed at best effort, as soon as possible.

In the next days I will think about a procedure to change the payout address using signatures so you will also be able trade your account with third parties autonomously.

Payments are slow in these days because of two reasons:
1) difficulty has grown so much that mined coins are only a bit more than power and management costs.
2) p2pool is going through a low luck time (check http://p2pool.info/ ). We are near 50% in the last 7 days and 85% last 30 days. Hopefully it will recover.

I am absolutely transparent: queued deposits are not "coins on hold" I used that money (along with my own money) to buy the new chips. However I will try to find a way to manage the change of the payout address, through signed messages, so people will be able to trade theirselves the accounts.

I will think about a way to allow people to quit earlier by buying back their account myself at a discount. However in this case I will have to take into consideration the bitcoin fiat value at the time the deposit has been made, there is no chance I can afford to buy the same number of bitcoins at the current price.

As soon as I will receive the new chips there will be more than 30TH/s available, and the size could be further expanded. Please be patient.

Coins have never been "kept there". They have always been invested in the quickest and better way available at that moment.

I am going to suspend new account creation until the deposit queue will be empty.

Several people came in person and visited the premises with all the hardware. Please, stop writing nonsense.

You don't even know what you are talking about.

It's very sad that despite my efforts and time dedicated to this project, there are still people who shout out random bad words in such a way. I also put a lot of my personal funds in this.

First of all, it's written clearly that money is converted and invested and that there is no way to reverse the process. The hashrate advertised at the moment of the deposits has always been added to the pool, and the reason why many accounts are not completed yet is because mining difficulty rose to unexpected levels. The project is not "closed" and I am still committed and striving to obtain more and more hashing power at the lowest cost possible.

Moreover, the entire process is explained in the homepage and in the F.A.Q., so people who invest without reading should not complain after... I will update the site descriptions in the hope that people will read it more carefully.

Apologies for being "silent" for so long, here I am working very hard for the new generation miners.

Quick update: The supplier of chips (no, it's not hashfast) is late. Hoperfully I will receive prototypes next week. Meanwhile I have been working on PCBs and preparing software. If everything goes as the supplier is saying, I should receive production chips around the end of february and I can put them online in less than 2 weeks.

I also worked on the pyramining model. It will not be changed for old deposits (it would break the rules), but queued and new deposits will benefit from these changes. Stay tuned for more news, in the next days I will explain new details.

For those who wrote PM to me and didn't receive an answer yet, be patient... I will answer everyone.

The deposit will be activated as soon as new hardware will be ready, as it is stated earlier in this thread.

Why do you thank him? He did nothing! 

Small problem with the server, everything is fixed. There will be another (short) blackout of the website in the next few days for about half an hour due to maintenance.

Mining services are/were not affected.

Probably there is a rounding error in the displayed data, because the numbers changed substantially since the start. With the new updates also the values will be displayed in the correct format.

Since this is a public place, I won't express my true judgement about BFL hardware, which is not positive at all. I hope I will never have to work with BFL ever.

People with these problems, write a PM and I will try to take care of the issue.

For all people "worried" about the status of the account: just wait for the new hardware to be deployed. It's worth it. Your deposits are currently queued.