Where we at?
Sorry, I don't understand the question... so when do you estimate this will launch? don't really want to bind coins into something which is to far off from providing any returns
The estimated time for launch is mid Sept. to late Nov. Since the HEX website is getting close to being ready, the main obstacle to launch is having sufficient mining power to populate the exchange. A total of 1 PHS is the minimum production amount needed to make fabricating the mining boards feasible at the 85¢/GHS price point. Since the SWMC-HEX has been brought up, here is a little preview hint for what the graphics style of the exchange will be like...  |
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So how's the rma'd Neptune coming along?
And any word on the compensation?
The RMA'ed Neptune was replaced with a different unit. The unit has a few cores that are not functioning properly, but because the total hashing power is at least 3 THS, KnC will do nothing. KnC is not willing to offer any compensation of any kind for the downtime, but if you are asking about the second Neptune, it will not be shipped until the end of Batch 3 and Batch 2 (when I checked yesterday,) hasn't started shipping yet. |
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Thanks davideak, ranlo... you guys are the best!
NP! I am still a bit confused as to why our earnings are showing up differently than the Neptune earnings. Here's my previous post (row # and stats may be different now -- this was over a week ago): ----- My row shows these stats (Row 12): Payment After Deductions: 0.00316318 Remainder: 0.000000007204298 Total Payments: - Neptune Earnings: 0.009924167393713 These don't appear to match up properly, being that it shows total earnings as being almost 0.01 BTC but the amount paid out to be caught up at less than 1/3 of that. Also, is there any way to set a minimum threshold for payments so we don't get a lot of micro-transactions? Sorry ranlo, I've been really busy lately, but I think this will answer your questions... If you look on the first page the KnCMiner Neptune Spreadsheet on row 4 (Order # 0) you'll notice that column D states "SWMC Investor Pool," that is the 300 GHS that was reserved for previous investors. Being in the investor class, your earnings are part of the SWMC Investor Pool portion of BTC mined with the Neptune, and as such, the Electrical/Maintenance/Transaction Fees have already been deducted on the first page. The second page "Investor Sheet" is a breakdown of how the BTC earnings are divided amongst all previous investors. Your "Payment After Deductions" is your share of the Neptune's BTC earnings that was paid during the last payment, except that I did not have your payment address at the time of the last payment so the payment was not sent. The reason the "Last Payment Sent" column states "Paid - MINERPAY, SWMCHEX" is a reminder that you have been paid your MINERPAY and SWMCHEX, but the last BTC payment is still owed to you. The amount will be sent with the next payment. The "Remainder" is the amount of BTC you are due but can not be sent because the Bitcoin client does not send amounts below 8 decimals in size. This amount will accumulate until the total remainder amounts add-up to an amount above 8 decimals, then that amount (minus any further remaining amount below 8 decimals) will be included into the next payment. The "Neptune Earnings" is the total BTC that your share has earned to-date. As for a minimum payment threshold. The way Counterparty works when sending a distributed payment is that the payment is automatically split-up between the total assets and proportionally sent to each address that holds the asset. So no, there is no way to set a payment threshold for individual address' when using Counterparty. The first payment was more of a token payment to indicate that I was making good on my promises. The amounts sent were smaller than will be typical because mining had only been operational for a few days. The rest of the payments should be larger, but will gradually decrease over time as the difficulty level increases and earnings decrease. I may extend the length of time between payments to minimize the cost percentage for the transaction fees when the earnings decline to a certain level. Does that clear it up for you? If not, just let me know what is not clear and I will explain... |
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Thanks davideak, ranlo... you guys are the best!
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Sneak Peak: Graphics element from SWMC's new website design.
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How do I claim my free share?
after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Thanks for helping out xTachibana, you've always been a great SWMC member! Decided to post this question publicly rather than email (so it's out in the open as I'm sure I won't be the only one to ask). When are the dividends going to start posting, and at what time-frame after? You stated "bi-weekly" in your email but there was no information on when to expect the start. Thanks! First payment has already been made on the 2nd of August, there were a few followup payments made as well. Your payment address isn't listed on the investor sheet (where you can see all payments,) have you sent it yet? ( Be sure to read this.) |
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How do I claim my free share?
after you send him your address, via pm if possible, he will send you the free share, if its a counterpay wallet, you will be able to tell, if its not a counterpay wallet, it will just show as a transaction Thanks for helping out xTachibana, you've always been a great SWMC member! |
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ooh some money. well, shrapnel. well, dust. thanks tho'
Just a token of good will my friend... Some of you might have noticed that I have added a column on the spreadsheet called "Second Neptune Power Supply Deduction." We are scheduled to receive the second Neptune in August. Although the cost of the PSUs for the first Neptune was factored into the price, the need for and the cost of PSUs and other supplies for a second Neptune was not considered. I am certain that all of you understand that it is necessary to purchase the PSUs needed for the second Neptune. I will be holding off on further payments (except for those payments that weren't made because of the lack of a payment address) until enough has been collected to purchase the needed equipment. Thanks, James |
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Awesome. It's great to see things happen. I don't see my name or Founders Contract on the Neptune Spreadsheet, though. When can I expect to see something appear in my wallet?
Hi Cyberius, great to hear from you! I am still working on the investor payment sheet, I will send you a link to it when it is ready and will notify everyone in the official thread when the payment is sent... |
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Our fifth cube has returned from RMA and is hashing now... Three GB members have signed up for MINERPAY via Counterparty and each has received 1 GHS of SWMCHEX. I will be issuing the first payment from the Neptune earnings shortly...  **EDIT: First payment sent to all accounts that provided a payment address... ** |
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This is an unofficial pre-announcement meant to inform the Counteryparty Community about a new asset class being made available to Counterparty users... The SolarWind Mining Company ( SWMC) has been working on building a Hashing EXchange ( HEX) for the past several months. SWMC expects to have the official launch of the SWMC-HEX sometime between mid September and late November. SWMC will be offering preorders for Bitcoin mining hash power via Counterparty through an asset called SWMCHEX. About the SWMCHEX asset: One SWMCHEX is equal to one GHS, and a total of 5 PH/s ( 5,000,000 SWMCHEX) have been issued with 4,000,000 SWMCHEX being sold at ~85¢/GHS. Bitcoin earnings from mining will be paid via Counterparty's built in dividend feature. SWMC-HEX is making the first 1,000,000 SWMCHEX ( 1 PH/s) available now and there will be a 10% bonus to purchasers. So, if you purchase 100 SWMCHEX you'll actually receive 110 GHS!! The additional 1,000,000 SWMCHEX will be used for bonuses, giveaways, bounties, to cover variances in the exchange rate of BTC or are to be sold before launch. Be one of the first 500 purchasers of at least 100 GHS and you'll be eligible to win 1 TH/s worth of SWMCHEX!!Some of the major features of the SWMC-HEX: Tradable Mining Power which can be bought our sold at a price you determine Instant ROI Calculation based on you buy price allows you to estimate how long it will take for your purchased hashing power to mine enough currency to reach your targeted ROI, at what price you must sell hashing power you own to obtain ROI or what combination of both mining time and sell price will achieve ROI for you... By using the Instant ROI Calculation you will be empowered to make the right decision on your mining purchases and the tool so you never have to buy to high, sell to low or to soon to reach ROI ever again... Our hosted miningware will be utilizing Immersion Cooling to increase efficiency and protect the miningware from heat damage and extending its usability SWMC's miningware will be Fabricated by the SWMC using open source hardware PCBs specifically designed to work with any cryptocurrency mining chip, making the SWMC-HEX capable of scaling up mining power very quickly using the most cost effective hashing power available at any given time SWMC believes that large mining operations should help protect the Decentralized Nature of Bitcoin's Hashing Network, so,.. The SolarWind Mining Company will make it possible for owners of hashing power on the SWMC-HEX to point that hashing power to any mining pool that they wish, essentially the same way that they would control a physical miner in their own possession. A " Create Your Own Mining Pool" feature which can be used for solo mining or for creating a mining pool that others can join for crowdfunding, group buys, investments, savings accounts, retirement funds, etc,.. etc,.. etc,.. Miningware hosted in a US location with 5.5¢ kw/h electricity |
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This is an unofficial pre-announcement meant to inform the Counteryparty Community about a new asset class being made available to Counterparty users... The SolarWind Mining Company ( SWMC) has been working on building a Hashing EXchange ( HEX) for the past several months. SWMC expects to have the official launch of the SWMC-HEX sometime between mid September and late November. SWMC will be offering preorders for Bitcoin mining hash power via Counterparty through an asset called SWMCHEX. About the SWMCHEX asset: One SWMCHEX is equal to one GHS, and a total of 5 PH/s ( 5,000,000 SWMCHEX) have been issued with 4,000,000 SWMCHEX being sold at ~85¢/GHS. Bitcoin earnings from mining will be paid via Counterparty's built in dividend feature. SWMC-HEX is making the first 1,000,000 SWMCHEX ( 1 PH/s) available now and there will be a 10% bonus to purchasers. So, if you purchase 100 SWMCHEX you'll actually receive 110 GHS!! The additional 1,000,000 SWMCHEX will be used for bonuses, giveaways, bounties, to cover variances in the exchange rate of BTC or are to be sold before launch. Be one of the first 500 purchasers of at least 100 GHS and you'll be eligible to win 1 TH/s worth of SWMCHEX!!Some of the major features of the SWMC-HEX: Tradable Mining Power which can be bought our sold at a price you determine Instant ROI Calculation based on you buy price allows you to estimate how long it will take for your purchased hashing power to mine enough currency to reach your targeted ROI, at what price you must sell hashing power you own to obtain ROI or what combination of both mining time and sell price will achieve ROI for you... By using the Instant ROI Calculation you will be empowered to make the right decision on your mining purchases and the tool so you never have to buy to high, sell to low or to soon to reach ROI ever again... Our hosted miningware will be utilizing Immersion Cooling to increase efficiency and protect the miningware from heat damage and extending its usability SWMC's miningware will be Fabricated by the SWMC using open source hardware PCBs specifically designed to work with any cryptocurrency mining chip, making the SWMC-HEX capable of scaling up mining power very quickly using the most cost effective hashing power available at any given time SWMC believes that large mining operations should help protect the Decentralized Nature of Bitcoin's Hashing Network, so,.. The SolarWind Mining Company will make it possible for owners of hashing power on the SWMC-HEX to point that hashing power to any mining pool that they wish, essentially the same way that they would control a physical miner in their own possession. A " Create Your Own Mining Pool" feature which can be used for solo mining or for creating a mining pool that others can join for crowdfunding, group buys, investments, savings accounts, retirement funds, etc,.. etc,.. etc,.. Miningware hosted in a US location with 5.5¢ kw/h electricity |
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Do you just want my Counterparty wallet address? 1FkWzJyeoY7RP7bQET3gNvcmVkMZWEattM
Yes, that will work. Although it would be more secure if every one sent me an email, I've had a few friends have their BTCTalk accounts hacked... |
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This is an unofficial pre-announcement meant to inform the Counteryparty Community about a new asset class being made available to Counterparty users... The SolarWind Mining Company ( SWMC) has been working on building a Hashing EXchange ( HEX) for the past several months. SWMC expects to have the official launch of the SWMC-HEX sometime between mid September and late November. SWMC will be offering preorders for Bitcoin mining hash power via Counterparty through an asset called SWMCHEX. About the SWMCHEX asset: One SWMCHEX is equal to one GHS, and a total of 5 PH/s ( 5,000,000 SWMCHEX) have been issued with 4,000,000 SWMCHEX being sold at ~85¢/GHS. Bitcoin earnings from mining will be paid via Counterparty's built in dividend feature. SWMC-HEX is making the first 1,000,000 SWMCHEX ( 1 PH/s) available now and there will be a 10% bonus to purchasers. So, if you purchase 100 SWMCHEX you'll actually receive 110 GHS!! The additional 1,000,000 SWMCHEX will be used for bonuses, giveaways, bounties, to cover variances in the exchange rate of BTC or are to be sold before launch. Be one of the first 500 purchasers of at least 100 GHS and you'll be eligible to win 1 TH/s worth of SWMCHEX!!Some of the major features of the SWMC-HEX: Tradable Mining Power which can be bought our sold at a price you determine Instant ROI Calculation based on you buy price allows you to estimate how long it will take for your purchased hashing power to mine enough currency to reach your targeted ROI, at what price you must sell hashing power you own to obtain ROI or what combination of both mining time and sell price will achieve ROI for you... By using the Instant ROI Calculation you will be empowered to make the right decision on your mining purchases and the tool so you never have to buy to high, sell to low or to soon to reach ROI ever again... Our hosted miningware will be utilizing Immersion Cooling to increase efficiency and protect the miningware from heat damage and extending its usability SWMC's miningware will be Fabricated by the SWMC using open source hardware PCBs specifically designed to work with any cryptocurrency mining chip, making the SWMC-HEX capable of scaling up mining power very quickly using the most cost effective hashing power available at any given time SWMC believes that large mining operations should help protect the Decentralized Nature of Bitcoin's Hashing Network, so,.. The SolarWind Mining Company will make it possible for owners of hashing power on the SWMC-HEX to point that hashing power to any mining pool that they wish, essentially the same way that they would control a physical miner in their own possession. A " Create Your Own Mining Pool" feature which can be used for solo mining or for creating a mining pool that others can join for crowdfunding, group buys, investments, savings accounts, retirement funds, etc,.. etc,.. etc,.. Miningware hosted in a US location with 5.5¢ kw/h electricity |
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Who wants to be the first to receive MINERPAY in their Counterparty wallet??? Accept Counterparty payments and get 1 GH/s for the SWMC Hashing EXchange sent to your Counterparty address for FREECome on, its cooowell... Not sure how to start, try CounterWallet... ( Make sure you backup your passphrase and private keys!!!) **I have created a Counterparty asset called SWMCHEX to sell preorder spots for the Hashing EXchange (SWMC-HEX.) I will be selling a total of 4 PH/s and another 1 PH/s for giveaways, bonuses and bounties. One SWMCHEX is worth 1 GH/s@~85¢/GHS and is a tradable asset on the Counterparty network. |
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We are now mining with our first Neptune. The conversation about our mining operation starts at the following link. https://bitcointalk.org/index.php?topic=348417.msg8026306#msg8026306Everyone who has made an investment and all free bitshare recipients, please make sure that I have your payment address and make sure it is an address that you control. You will need access to your private key because I will be using Counterparty to issue earnings... OK, Counterparty...
There are two reasons we would want to use Counterparty:
1. Using Counterparty will make payments very easy and far less prone to human errors.
2. Creating a Counterparty asset will make your purchased GH/s tradable on Counterparty's decentralized exchange.
I have created an asset within Counterparty that I have named MINERPAY. There is 1 MINERPAY asset for each GH/s. There are two options available to you,
1. You can open a Counterparty wallet and either:
Update your payment address -OR-
If you have access to the private key of your payment address, you can sweep the MINERPAY assets from your payment address into your Counterparty address.
2. If you do not care about being able to sell or trade your GH/s, do nothing and I'll send your payments as normal. You can always change your mind later.
REMEMBER!! DO NOT REQUEST THAT ANY COUNTERPARTY ASSETS BE SENT TO AN ADDRESS WHO'S PRIVATE KEY YOU DO NOT HAVE ACCESS TO!!
YOU MUST HAVE ACCESS TO THE PRIVATE KEY OF ANY ADDRESS THAT YOU HAVE COUNTERPARTY ASSETS SENT TO OR YOU WILL NEVER BE ABLE TO HAVE ACCESS THOSE ASSETS!!
Posted From bitcointalk.org Android App
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We are currently running our Neptune on CEX and Eligius under load balance settings so I can test the setup. You can see the performance of our miner on Eligius using this **LINK** |
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when did this order go live and start mining?
Thanks for the update!
Started working on this on Wednesday, very little hashing was done before the 25th because of the various issues previously described. What pool did we end up using? Can we look at it, I rather watch that than tv..
Most commented pool was CEX/GHASH.IO, second place was Eligius, so we are currently mining on GHASH.IO. I haven't done it yet, but I will be setting up Eligius as the Failover pool. Nice to hear we are mining... good work sir.
What kind of performance are we getting out of our miners?
I have noted the approximate hashrate on the spreadsheet, this will be updated once we get the fifth cube back from RMA. I have setup a 'READ ONLY' userID and password for our GHASH.IO account so that you can monitor the hash rate of our miner, just send me an email (preferred) or PM and I'll reply to you with the access information. I am planning on putting together a webpage that will display all of our mining information. I am short on available time, soooo... if any of you have jquery, php or html knowledge and are able to work with the CEX API to display our data -OR - you know how to import the JSON data into google sheets, I would greatly appreciate the assistance. |
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After making the last post I realized that despite all the issues, it feels nice to actually tell you guys that I can finally deliver the hashing power we have all been waiting for so we can start earning some coin.
Thanks!
Posted From bitcointalk.org Android App
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I have updated the GB spreadsheet, you will be able to see the stats including you current earnings... |
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