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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 467519 times)
MPOE-PR
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January 30, 2014, 10:03:03 PM
 #1581

Near as we can tell, we had a run of bad luck.  We are looking at it more, but don't see that anything is (or was) wrong.  Now there are a bunch of new blocks maturing, with no changes on our side...this will get worse as difficulty rises and variance becomes more apparent.  We are planning to create a private pool so that we can pay out the 500TH shareholders on a more regular basis.  Not sure when that will be ready, but we've got most of the work done.

As to the question of whether we will expand - it has been stated many times, very clearly that this was a fixed size project.  Initially it was 100TH, but Tytus expanded it 5x to try to give a good return to investors.  For early investors, the mine has hit ROI weeks ago.  For investors who would buy shares now, I'd have to say compare our price/GH to that of cex.io and make your own decision.  Comparatively I think we have a good price/GH for leased hashpower.

Dave

You had ANOTHER run of bad luck. Which is what scammers like you call their scamming, for as long as fucktards such as "your investors" keep eating it up.

I told it to you before, I'm telling it to you now,

No, actually, the reason is that you are a professional liar. Having broken your credibility over the bASIC fiasco, you perceive yourself immune from prosecution and generally further ill effects, in the sense that once it comes to that there's already enough to sink you, and meanwhile might as well turn a buck doing more of the same, not like it makes a difference.

That, for your side. For his side, tytus is eager to insulate himself from the actual responsibility for the scam he's running, much like convicted felon Sonny Vleisides prefers to use Inaba to insulate himself, and much like the Jonathan Ryan Owens-Alberto Armandi troop of scammers used the services of random clueless busybody Meni Rosenfeld.

Nothing's changed, because that's what you are. Scum.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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klondike_bar
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January 30, 2014, 10:29:55 PM
 #1582

Near as we can tell, we had a run of bad luck.  We are looking at it more, but don't see that anything is (or was) wrong.  Now there are a bunch of new blocks maturing, with no changes on our side...this will get worse as difficulty rises and variance becomes more apparent.  We are planning to create a private pool so that we can pay out the 500TH shareholders on a more regular basis.  Not sure when that will be ready, but we've got most of the work done.

As to the question of whether we will expand - it has been stated many times, very clearly that this was a fixed size project.  Initially it was 100TH, but Tytus expanded it 5x to try to give a good return to investors.  For early investors, the mine has hit ROI weeks ago.  For investors who would buy shares now, I'd have to say compare our price/GH to that of cex.io and make your own decision.  Comparatively I think we have a good price/GH for leased hashpower.

Dave


Sadly I'm not surprised. I sold off my holdings a week ago when it was becomng clear there was no continued growth from 1GH/share. still half the price of CEX.io, but 2x the price of a mining machine like the antminer

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461 also selling 6" M-F-M PCIe splitters and PCIe-PCIe
No longer a wannabe - now an ASIC owner!
BitHereBitThere
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January 31, 2014, 03:46:57 PM
 #1583

Near as we can tell, we had a run of bad luck.  We are looking at it more, but don't see that anything is (or was) wrong.  Now there are a bunch of new blocks maturing, with no changes on our side...this will get worse as difficulty rises and variance becomes more apparent.  We are planning to create a private pool so that we can pay out the 500TH shareholders on a more regular basis.  Not sure when that will be ready, but we've got most of the work done.

As to the question of whether we will expand - it has been stated many times, very clearly that this was a fixed size project.  Initially it was 100TH, but Tytus expanded it 5x to try to give a good return to investors.  For early investors, the mine has hit ROI weeks ago.  For investors who would buy shares now, I'd have to say compare our price/GH to that of cex.io and make your own decision.  Comparatively I think we have a good price/GH for leased hashpower.

Dave




Looks like more bad luck only 1 block found in the last 23 hours. I don't think it has anything to do with luck in the last 24 hours the total mining hash rate has gone up 2508TH. Just in the month of January the total mining hash rate has gone up 10,000TH that is double of what it was Dec 31st.
https://blockchain.info/charts/hash-rate?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
At the next difficulty level the 500TH mine will be lucky to mine one block per day. So nothing to do with Luck it has everything to do with competition.  Yes you returned the investment of the original share holders and I think that is great However right now if you are not willing to add more Mining power or Join a pool soon this stock will be worthless because there will be no more dividend payments. There are plenty of shareholders that have purchased stocks and not seen a return on their investment. In fact of the 1071 shareholders on pico stocks only 81 have turned a profit of more then 1 BTC according to the user page sorted by. profit.https://picostocks.com/users/index/page:1/sort:profit/direction:desc 
That means only 7.5% of your investors have gotten their original investment capitol back. 
This "private pool" how large will it be hopefully somewhere around 2500TH.  Dave can you please provide a timeline to investors who are still currently holding on to their stocks and sweating bullets. Before the stock price drops to nothing.
gebir
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January 31, 2014, 04:28:43 PM
 #1584

hashrate  ~18,031,653 GH/s
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January 31, 2014, 04:49:25 PM
 #1585

hashrate  ~18,031,653 GH/s

500TH = 4 blocks a day = BTC100

/700.000 = BTC0.00014285714 per share.

Yeah it's damn hard these days to make a buhbuh..Bitcoin
gebir
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January 31, 2014, 05:00:59 PM
 #1586


500TH = 4 blocks a day = BTC100

/700.000 = BTC0.00014285714 per share.

Yeah it's damn hard these days to make a buhbuh..Bitcoin

Total shares:   518271
karol
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February 03, 2014, 09:56:21 PM
 #1587

Prices are dropping Today even 0.01200000 per share. Time to say goodbye...
Giray
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February 08, 2014, 05:30:01 PM
 #1588

http://150.254.111.246/pl/
http://150.254.111.246/mi/
http://150.254.111.246/wa/
karol
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February 10, 2014, 01:42:37 PM
 #1589

What are thoese adresses?
Giray
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February 10, 2014, 01:45:31 PM
 #1590

similar to http://150.254.111.246/us/
karol
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February 10, 2014, 01:49:21 PM
 #1591

Probably private pool? I assume not part of 100th project?
BenTuras
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February 10, 2014, 01:54:13 PM
 #1592

Probably private pool? I assume not part of 100th project?
Very nice private pool, > 650TH/s when I looked and added the numbers together.

I am selling in stock OneStringMiner boards, based on the Bitfury chips. Have a look here: https://bitcointalk.org/index.php?topic=495536.0
gebir
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February 10, 2014, 08:44:32 PM
 #1593

1 block / 24h    Huh
karol
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February 13, 2014, 11:31:25 AM
 #1594

Today seems to be a good day 3 blocks already found
karol
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February 19, 2014, 10:43:09 AM
 #1595

Pico site is down?
BenTuras
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February 19, 2014, 10:46:23 AM
 #1596

Pico site is down?
https://picostocks.com is up for me

I am selling in stock OneStringMiner boards, based on the Bitfury chips. Have a look here: https://bitcointalk.org/index.php?topic=495536.0
karol
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February 20, 2014, 01:20:11 PM
 #1597

Are there any bots on Pico?
Giray
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February 20, 2014, 01:25:14 PM
 #1598

I see bots too. API its'n public Wink
karol
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February 20, 2014, 01:31:30 PM
 #1599

Hmm I will not sell or buy any shares to this bot it will kill Pico stock, it is to small for bots.
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February 21, 2014, 08:50:15 AM
 #1600

dave/tytus, any updates on opening your mining pool or joining another? The mine has consistently performed below the expected hashrate. Hopefully, pooling up will yield a more favorable dividend.

here's a snapshot from my numbers.
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