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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 467497 times)
gobuffs20
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November 18, 2013, 10:22:50 PM
 #1401

does anyone know if there is a way to change our picostocks withdrawal address? Mine is connected to weexchange which has basically stopped processing bitcoin withdrawals. Thank you in advance!


EDIT: Received a response from the guys. They said there is no current way to do so, but are considering adding the option in the near future.
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greaterninja
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November 19, 2013, 06:00:07 AM
 #1402

I am very happy, but please improve communication on future business plans or updates.  Its nerve wracking when the investment is not going how it was planned, yet I invest over $10,000.
Thank you Dave.  As always you have always came through.. Thanks Dave, Tytus and team.
Very Respectfully,

GreaterNinja
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November 20, 2013, 03:03:45 AM
 #1403

so many buy orders these days? am i miss something??

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buzzdave
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November 20, 2013, 06:52:41 AM
 #1404

Hashrate 208TH, Noncerate is *just* shy 200TN...

Cheers

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November 20, 2013, 07:53:18 AM
 #1405

Hashrate 208TH, Noncerate is *just* shy 200TN...

Cheers
Confirmed @208 TH/s
Thank you Dave and Team for the great news.
Please keep up the good work.


Very Respectfully,

GreaterNinja
jiefangqian
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November 20, 2013, 08:59:23 AM
 #1406

Cheers

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
snowdropfore
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November 20, 2013, 10:20:46 AM
 #1407

Cheers


are you chinese?? jiefangqian (解放前,呵呵)

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.DeepOnion.
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jiefangqian
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November 20, 2013, 11:50:39 AM
 #1408

yes haha Cheesy

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gobuffs20
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November 20, 2013, 07:49:46 PM
 #1409

this thread title should be updated to showcase the mine is now at 200TH
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November 20, 2013, 08:14:45 PM
 #1410

100th : Reports reached 200TH/s
RHA
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November 20, 2013, 10:17:40 PM
 #1411

100th : Reports reached 200TH/s
Quote
reached 200TH/s
We have reached the hashrate of 200TH/s. We will expand the mine and add hashing power, but it is not yet predictable when and how much. We expect to close the expansion this year and after that we will focus on maintaining the mine. The mine will work closely with the megabigpower.com shop. Hardware scheduled for sales will be tested in the mine. This means that the mine will experience hashrate fluctuations that depend on shop hardware supply and stock.
Created on 2013-11-20 20:22:00 by Leszek Rychlewski; Published on 2013-11-20 20:28:53 by koji;
snowdropfore
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November 20, 2013, 10:31:15 PM
 #1412

it is so sad to know it will close the expansion this year. Does it means we wil not change the plan?

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.DeepOnion.
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RHA
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November 20, 2013, 11:53:25 PM
 #1413

"We expect to close the expansion this year" doesn't mean "we will absolutely close, for sure, and nothing is going to change that".
It means "this is the plan for now, we can always change it (to continue expansion) later".
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November 21, 2013, 05:05:25 AM
 #1414

Quote
We have reached the hashrate of 200TH/s. We will expand the mine and add hashing power, but it is not yet predictable when and how much. We expect to close the expansion this year and after that we will focus on maintaining the mine. The mine will work closely with the megabigpower.com shop. Hardware scheduled for sales will be tested in the mine. This means that the mine will experience hashrate fluctuations that depend on shop hardware supply and stock.

i'm more interested in this statement. dave/tytus, does this mean the mine will get the burn-in income from megabigpower for as long as megabigpower sells hardware (in perpetuity)? if not, when do you anticipate that to stop?
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November 21, 2013, 06:48:40 AM
 #1415

Quote
We have reached the hashrate of 200TH/s. We will expand the mine and add hashing power, but it is not yet predictable when and how much. We expect to close the expansion this year and after that we will focus on maintaining the mine. The mine will work closely with the megabigpower.com shop. Hardware scheduled for sales will be tested in the mine. This means that the mine will experience hashrate fluctuations that depend on shop hardware supply and stock.

i'm more interested in this statement. dave/tytus, does this mean the mine will get the burn-in income from megabigpower for as long as megabigpower sells hardware (in perpetuity)? if not, when do you anticipate that to stop?

We haven't put much detail around that yet - I understand this directly affects share price, so if we will build the mine much larger and then propose to sell it off, I'll work with Tytus to understand the impact to shareholders first.  I think he was imagining more of a daily churn, where anything over 200TH is considered an extra bonus.  However, I also don't know yet when we will start retailing again - we are watching the competition and BTC prices.  As I've stated in other threads, we won't do presales, so this is why we must get boards into stock first, prior to selling.  At this time we have no plan to start retailing anything in the near future (this can change due to market conditions or Tytus' discretion).  We will focus on mine-building until further notice.

Today: added 50TH, but the stats are down Smiley

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November 21, 2013, 07:15:29 AM
 #1416

Quote
We have reached the hashrate of 200TH/s. We will expand the mine and add hashing power, but it is not yet predictable when and how much. We expect to close the expansion this year and after that we will focus on maintaining the mine. The mine will work closely with the megabigpower.com shop. Hardware scheduled for sales will be tested in the mine. This means that the mine will experience hashrate fluctuations that depend on shop hardware supply and stock.

i'm more interested in this statement. dave/tytus, does this mean the mine will get the burn-in income from megabigpower for as long as megabigpower sells hardware (in perpetuity)? if not, when do you anticipate that to stop?

We haven't put much detail around that yet - I understand this directly affects share price, so if we will build the mine much larger and then propose to sell it off, I'll work with Tytus to understand the impact to shareholders first.  I think he was imagining more of a daily churn, where anything over 200TH is considered an extra bonus.  However, I also don't know yet when we will start retailing again - we are watching the competition and BTC prices.  As I've stated in other threads, we won't do presales, so this is why we must get boards into stock first, prior to selling.  At this time we have no plan to start retailing anything in the near future (this can change due to market conditions or Tytus' discretion).  We will focus on mine-building until further notice.

Today: added 50TH, but the stats are down Smiley


thanks for the update...definitely interesting news.
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November 21, 2013, 11:06:08 AM
 #1417

Great!
The stats are up:  TH100 hashes now 246 TH/s, terranounces 235 TH/s.

It grew in one day, I fear how it can grow until the end of the year... Smiley
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November 21, 2013, 09:14:01 PM
 #1418

WOW 238700.2 GH/s thx


Dave, where are the dividends of yesterday and today?
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November 21, 2013, 10:57:07 PM
 #1419

Here: https://picostocks.com/stocks/bitcoins/19

Yesterday: ~140
Today: ~143
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November 22, 2013, 05:12:41 AM
 #1420

WOW 238700.2 GH/s thx


Dave, where are the dividends of yesterday and today?


Hashing at almost 300TH now Cheesy

We have a bunch of blocks warming in the oven.  As we grow we have to add bitcoind servers about every 50TH, so the first day of a large growth can sometimes not produce many new blocks.  Plus there's variance as always.

Jared is bringing up something like 6 or 8 bitcoind's to handle growth, so hopefully we don't bump up against this problem.


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