Sitarow (OP)
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Activity: 1792
Merit: 1047
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October 12, 2012, 03:16:50 AM |
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Why would anyone mine there? They invented that BS IOCoin and IXCoin and fucking some other bullshit-troll-coin. If I had an ASIC, I'd go anywhere else.
With respects the motivation for alt crypo-c's no one is perfect Nothing ventured nothing gained.
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eleuthria
Legendary
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Activity: 1750
Merit: 1007
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October 12, 2012, 10:19:17 AM Last edit: October 12, 2012, 10:35:08 AM by eleuthria |
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Why would anyone mine there? They invented that BS IOCoin and IXCoin and fucking some other bullshit-troll-coin. If I had an ASIC, I'd go anywhere else.
I did not invent either of those. I made a copy of the BTC Guild frontend for IOCoin and SolidCoin back when the altcoin fad was going strong. Pools were losing significant speed to altcoins at the time, so it was just logical to setup a pool for the altcoins.
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RIP BTC Guild, April 2011 - June 2015
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SebastianJu
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Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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October 12, 2012, 12:24:28 PM |
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But you have only: Total hashing power: 108.9GH/s
So its probably someone other am i wrong?
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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Desolator
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October 12, 2012, 01:05:18 PM |
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Maybe he rolled a natural 20 so his mining spree was a critical hit
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pyramining
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October 13, 2012, 08:10:48 AM |
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There is also my personal equipment, not everything is allocated to Pyramining. I have in total ~400GH/s.
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SebastianJu
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Merit: 1083
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October 13, 2012, 12:57:31 PM |
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Whoa... congrats for your ideas pyramining...
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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regular
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October 14, 2012, 04:51:52 AM |
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400 Ghash wow...so when asics do come, what will happen to the old equipment? Unless it's all BFL stuff that will be traded up.
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Desolator
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October 14, 2012, 07:49:04 AM |
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He's lying. Nobody in the world has personal gear like that. FPGAs aren't fast enough and at Radeon 5830 speeds, 400GH/s is over 1200 cards, all with insane overclocking. Even industrial places have trouble getting that much electricity (242,000 watts) not to mention cooling problems and management problems.
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SebastianJu
Legendary
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Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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October 14, 2012, 09:16:50 AM |
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Desolator... so you dont think that he is the original guy running the site pyramining.com? If he is... cant you imagine that this business could let you leave with hardware after a year that is yours while the investors got their payment already back? Im not sure if its possible but i think maybe it is. Regarding the power... maybe his farm is quite beneath a geothermal power station in iceland? So he has the power and probably for a low price?
I dont have the knowledge if that can be.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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Frequency
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October 14, 2012, 11:30:17 AM |
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COINDER COINDER
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Desolator
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October 14, 2012, 05:47:08 PM |
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He did say that "There is also my personal equipment, not everything is allocated to Pyramining. I have in total ~400GH/s."
They formally opened in May and that's $244,720 in rigs @ 20,000 watts not allocated to his business. That seems unusual. I just don't get or care to attempt to get how pyramining works but when things start not adding up in a business that sounds odd already, I stay far away.
Their website says something about ASIC pre-orders too??? From who? Speculative mining spots being sold or something?
Plus, who would use a mining pool, and not the best one fee-wise by any stretch of the imagination, for 200GH/s? I think he's covering for someone mining ASICs or something else screwy is going on.
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ryann
Member
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Activity: 70
Merit: 10
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October 17, 2012, 09:05:57 PM |
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BFL is probably mining with your preordered rigs. Then after 1 or 2 months of straight mining and huge profit theyll send you you rigs. Win win for them.
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Sitarow (OP)
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Activity: 1792
Merit: 1047
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October 18, 2012, 12:27:35 AM |
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BFL is probably mining with your preordered rigs. Then after 1 or 2 months of straight mining and huge profit theyll send you you rigs. Win win for them.
IF only....
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Frequency
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October 18, 2012, 10:44:12 AM |
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BFL is probably mining with your preordered rigs. Then after 1 or 2 months of straight mining and huge profit theyll send you you rigs. Win win for them.
means that ASIC are real, whitch they are not yet and customers be furious..noway..
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COINDER COINDER
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farlack
Legendary
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Activity: 1310
Merit: 1000
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October 18, 2012, 12:04:25 PM |
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BFL is probably mining with your preordered rigs. Then after 1 or 2 months of straight mining and huge profit theyll send you you rigs. Win win for them.
means that ASIC are real, whitch they are not yet and customers be furious..noway.. I was thinking the same thing, and I posted a few times about them using their own stuff. ASIC's real? Possibly, them using the equipment before shipping? Probably. Customers being pissed off? Probably not, at least you didn't lose $30,000 by getting scammed.
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