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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 467508 times)
buzzdave
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November 27, 2013, 08:32:59 AM
 #1441

Added 15TH more today.  I'm expecting a bit more before the holiday break, but not sure if FedEx will deliver before Thursday...

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November 27, 2013, 08:38:15 AM
 #1442

Each share is how much GH/s?

I am seeing ~.05 pricing and wondering if moving from cex to here would be more lucrative.
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November 27, 2013, 08:42:42 AM
 #1443

so this mine did turn into an infinite add hashrate mine.

ok
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November 27, 2013, 11:27:27 AM
 #1444

so this mine did turn into an infinite add hashrate mine.
that would be nice

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.DeepOnion.
★ ★ ★ ★ ★  .❱❱❱ JOIN AIRDROP NOW!.
TOR INTEGRATED & SECURED
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kaerf
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November 27, 2013, 06:04:24 PM
 #1445

so this mine did turn into an infinite add hashrate mine.

no one has said that.
buzzdave
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November 27, 2013, 09:03:21 PM
 #1446

so this mine did turn into an infinite add hashrate mine.

No definitely not, but we are trying to deliver a good value.  We should be cheaper than cex.io at this point.

buzzdave
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November 28, 2013, 05:42:31 AM
 #1447

330TH today - Happy Thanksgiving!

[Don't forget Niko's 50TH makes 380TH]

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November 28, 2013, 10:26:51 AM
 #1448

Price @ cex.io .069/GH
@ pico .079/GH
So no, not cheaper. At cex spread is small, at pico is huge, so if you want to sell quickly you lose big amount of BTC.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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November 30, 2013, 01:40:45 AM
 #1449

PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen

http://blockchain.info/address/1NzM1bdTKuK9z3pQUCc1raXPezYUenSNWj
http://blockchain.info/address/12RAM7r4EraZ5ESU5QJwe8sS3gj3YYEgpF

There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.

This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(
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November 30, 2013, 02:04:17 AM
 #1450

faint, what is exactly going on??

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.DeepOnion.
★ ★ ★ ★ ★  .❱❱❱ JOIN AIRDROP NOW!.
TOR INTEGRATED & SECURED
★  Your Anonymity Guaranteed
★  Your Assets Secured by TOR
★  Guard Your Privacy!
|Bitcointalk
Reddit
Telegram
|                        ▄▄▀▄▄▀▄▄▀▄▀▀
                    ▄▄██▀█▀▄▀▀▀
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                ▄██████▀
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kaerf
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November 30, 2013, 03:47:51 AM
 #1451

Insider job? Time to get authorities involved. Either that or some muscle.
kaerf
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November 30, 2013, 06:20:47 AM
 #1452

I still see block payments coming into 19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs. Presumably, the thief has the key to this address, so we should be mining to a new dividend address.

Dave/Tytus, can you make sure that all mining income is being diverted to the new dividend address? Also, please post the address of the new dividend address.

I feel bad for your loss...hope you guys can bounce back from it.
goxed
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November 30, 2013, 12:56:03 PM
 #1453

How could both the wallets have been decrypted simultaneously. Was the password same / similar on both? Something smells fishy here.

Looking to review Bitcoin / Crypto mining Hardware.
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November 30, 2013, 01:46:15 PM
 #1454

I got ~90 BTC in there, anyone interested in joining recovery effort PM me.
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November 30, 2013, 02:46:41 PM
 #1455

you gotta be kidding me!
no encrypted wallet? no cold storage?
i hope the individual dividends were safe?!?
If not tytus can pay me back in his stock.

i tired of loosing coins because of amateurs
and paying for their unprofessionality.

maybe you should pay out the dividends to external
shareholder-addresses directly, daily. then you can continue the
amateur-hour.



 
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November 30, 2013, 04:33:32 PM
 #1456

Already been done to death, see inputs.io.
+0 for creativity Angry
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November 30, 2013, 06:28:39 PM
 #1457

you gotta be kidding me!
no encrypted wallet? no cold storage?
(...)

The art of reading with understanding is rare lately.

PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen
(...)
There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.

This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(
davecoin
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November 30, 2013, 06:36:10 PM
 #1458

I have a *very* hard time believing Tytus and co. would scam their investors like this.  AFAIK this is the only mine of it's kind in the US, also in a relatively public location.  

TF didn't have half a million dollars of mining equipment to worry about after running off with the BTC.
greaterninja
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November 30, 2013, 08:46:47 PM
 #1459

Ok...why the hell would you only have 1 wallet for cold storage?

If your cold and hot wallet became decrypted, then I am assuming you had the same password for both wallets?  Why only 2 wallets?

If you are running a mine in the Th/s realm, let alone hundreds of TH/s then you should not be sharing your cold wallet.  Secondly you should have balances on multiple encrypted cold wallets.

This raises some serious issues on who is responsible.
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November 30, 2013, 11:43:19 PM
 #1460

you gotta be kidding me!
no encrypted wallet? no cold storage?
(...)

The art of reading with understanding is rare lately.

PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen
(...)
There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.

This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(

Don't really understand all the user comments posted here too. I guess it's a mix of not being able to read and trolling. Tytus said they would reimburse everything so what is the problem?
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