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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 469875 times)
Giray
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January 21, 2015, 03:32:24 AM
 #1741

Not only for me.

Have agreed to share in compensation.

http://www.kplu.org/post/central-wash-home-nations-biggest-bitcoin-mine-more-coming

"I consider it absolutely high-risk investment," he said. "And like high-risk investment should be, it has been high reward. I'm talking about tens of millions of dollars of return on a few million dollars of investment."
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klondike_bar
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January 21, 2015, 05:50:07 AM
 #1742

Not only for me.

Have agreed to share in compensation.

http://www.kplu.org/post/central-wash-home-nations-biggest-bitcoin-mine-more-coming

"I consider it absolutely high-risk investment," he said. "And like high-risk investment should be, it has been high reward. I'm talking about tens of millions of dollars of return on a few million dollars of investment."

You seem to be confusing a 100TH (500TH) cloudmining ofering from MBP as being a share in MBP itself. thats not the case.

1 100TH share = 1GH. it does not include any portion of the PETAhashes of equipment that is owner or franchised by MBP.

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
iCEBREAKER
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January 21, 2015, 05:52:43 AM
 #1743

[more idiocy]

im starting to think you are thick - you keep bouncing from MBP to dave to lezsec to cointerra to picostocks. your class-action against this cluster of companies will be laughed out of any law office (unless you are paying them, in which case theyll happily listen to you rant for $100/hr)

As an act of charity for the mentally disabled, I'm willing to listen to Giray The Thick rant for only $75/hr.


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whether we have a dictatorship or a real democracy." 
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Giray
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January 21, 2015, 06:47:49 AM
 #1744

For insult a corresponding fee will be added.
buzzdave
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January 21, 2015, 07:21:42 AM
 #1745

More clarification on how picostocks works:

Pico is an investment entity that invests in companies and then lists that investment on its site as a per-share way to participate in these startups.  It helps the community support the community.

In the case of Cointerra, Picostocks made an investment,  and others who participate on Pico (like me) bought IPO shares in the Cointerra stake.  Pico (and MBP) have likely lost our investment in Cointerra.

Picostocks' investment in Cointerra didn't give them (or MBP) access to their chips or other tech.  It was a simple convertible note if I remember correctly.  No conspiracies, no scams. 

Believe me, MBP has laid out significant capital to keep 500TH stable and operating at full capacity.   Nowhere in the agreement did it require me to backfill hashpower as the chips began to fail...

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January 21, 2015, 08:20:25 AM
 #1746

I stay with my opinion.
MrTeal
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January 21, 2015, 02:30:11 PM
 #1747

I stay with my opinion.
I thought it wasn't an opinion, they were facts that you and your lawyer were going to use in your clear-cut case?
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January 21, 2015, 03:44:12 PM
 #1748

I stay with my opinion.
I thought it wasn't an opinion, they were facts that you and your lawyer were going to use in your clear-cut case?
he spoke with his lawyer {this? last?} wednesday. his facts are strong and he will go to court to get compensation of his 50 shares

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
topminingcontracts
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February 07, 2015, 03:55:06 PM
 #1749

Yet MBP has now 28nm chips on technology bought from Cointerra for money received from shareholders 100th.
You keep saying this, yet I don't know wtf you are talking about.  I don't have a single device made by Cointerra.

Dave looks the only way they get convinced is to invite someone to see on site you don't have any Cointerra miner working!

Anyway we own Cointerra units and 90% of them died for different reasons so....

IMHO when Dave deployed the mining the only chip capable to do 0.5W was the BF one.

Regards

Juan


 
 
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klondike_bar
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February 07, 2015, 07:03:03 PM
 #1750

I stay with my opinion.
I thought it wasn't an opinion, they were facts that you and your lawyer were going to use in your clear-cut case?
he spoke with his lawyer {this? last?} wednesday. his facts are strong and he will go to court to get compensation of his 50 shares
scoff - two weeks later and giray never came back. I think he got laughed out of his lawyer's office when he explained he was after a few hundred dollars in compensation

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
Giray
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February 07, 2015, 08:16:15 PM
 #1751

one of the elements of my contract with the law firm is not commenting on this forum;)
klondike_bar
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February 07, 2015, 11:44:56 PM
 #1752

one of the elements of my contract with the law firm is not commenting on this forum;)

too bad you screwed that up so quickly.

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
iCEBREAKER
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February 08, 2015, 01:13:36 AM
 #1753

one of the elements of my contract with the law firm is not commenting on this forum;)

too bad you screwed that up so quickly.



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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
jeffhuys
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February 09, 2015, 03:51:08 PM
 #1754

one of the elements of my contract with the law firm is not commenting on this forum;)

Worst contractor ever.  Tongue

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February 11, 2015, 11:47:27 PM
Last edit: February 13, 2015, 08:42:40 PM by RHA
 #1755

The total of dividend paid for one share until today is a bit over 0.064 BTC.
It means all "old" shares (bought at IPO two years ago) have got a ROI of 160%. Not bad.

And it is still counting towards say 165-170% (depending on difficulty grow rate and how long it will be possible to sell shares for 0.0028).
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February 24, 2015, 03:54:28 PM
 #1756

http://www.coindesk.com/bitcoin-miner-aquifer-files-for-chapter-11-bankruptcy/
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February 25, 2015, 05:23:08 PM
 #1757


This has almost zero relation to pick stocks other than that MBP equipment was used he that company.

How's your lawsuit coming? You went from claiming to have a case and a lawyer to being absent a few weeks other than a few irrelevant posts. 

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
WMP
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July 01, 2015, 08:45:45 PM
 #1758

What is with https certyficate? I have error.
buzzdave
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July 07, 2015, 09:03:18 PM
 #1759

We've been suffering from high temps here in Wenatchee.  If you didn't see the news, we've had temperatures as high as 113F (45C), as well as a large fire that came into town and burned 28 homes and some large buildings, forcing people to evacuate from their homes (including me).  The fires did not threaten the mine, however they produced a lot of ash, which clogs our filters.
We are cleaned up now, but temps have been consistently over 100F for the last two weeks.  This has caused significant reductions in hashpower.

Add to that the recent transaction spam attack caused pool server outages (Bitcoind crashing) and forced an emergency switch to Eligius.  I'm going to leave everything pointed at Eligius for the time, which cause payouts to get inconsistent until I can revise the system.


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August 12, 2015, 10:28:28 PM
 #1760

Hi folks - a long overdue update here.

When we switched away from our own pool, we went to Eligius: http://eligius.st/~wizkid057/newstats/userstats.php/15QVHxorX61umBkRDejxcjDqq8V8yYv5uZ

We have mined a total of 113.506 since the change over.

You will notice that we are currently underserving the hashpower target of 518TH.  Its currently operating at 67% due mainly to heat, but also some equipment shuffling that we've been doing.

**************
Management Fee increase: Difficulty and price continue to make economics ever more difficult.  In addition to our summer heat problems, network growth is impacting us again.  In order to pay for the power & justify the floorspace I need to raise the management fee to a 50% share.
**************

However, since we have been underserving the project by 30%, I will send 80% of the mined proceeds to the picostocks payment address, rather than taking the full 50% management fee off the top.

I expect to get the hashpower back on target this week.

Best
Dave


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