[PicoStocks] 100TH/s bitcoin mine [100th]

[jiefangqian]

maybe wait cointerra's 2t

[goxed]

Lessons learned, lets see if they can pull out any last ditch tricks, though I am not hopeful to say the least.

[gebir]

The worst news is no news. 

[Transisto]

If I may ask,  what are the relationship between tytus/Dave and Bitfury ?

Lost almost all of 150 btc onto that stock,  and feel I have been scammed.

Not respecting their initial ETA by months then refusing to update with new ETA.  Are you ffffing kidding me?

Do you know what E stand for in ETA?

an approximate calculation or judgement of the value, number, quantity, or extent of something.
"a rough estimate,

Only you know the approximate value of a share,.. ..  I might as well give you my shares for free as I'm soon gonna have to find alternate ways to make you pay anyway.

[buzzdave]

Equipment is just not arriving as fast as I'd hoped.  We were receiving small amounts through Monday and then nothing last two days.  According to FedEx there have  been no customs delays, but next delivery is Friday, then Monday, Tuesday, etc.  We're using the time to a) learn about these new overclocked cards and b) pre-build lots of racks.

We'll be able to turn it up pretty quick once the stuff arrives, but nothing I can do to make it faster at this point.

[kaerf]

Equipment is just not arriving as fast as I'd hoped.  We were receiving small amounts through Monday and then nothing last two days.  According to FedEx there have  been no customs delays, but next delivery is Friday, then Monday, Tuesday, etc.  We're using the time to a) learn about these new overclocked cards and b) pre-build lots of racks.

We'll be able to turn it up pretty quick once the stuff arrives, but nothing I can do to make it faster at this point.

hopefully, your assembly house isn't pre-mining Look for scuffs on the PCI connectors 

[Bitweasil]

Equipment is just not arriving as fast as I'd hoped.  We were receiving small amounts through Monday and then nothing last two days.  According to FedEx there have  been no customs delays, but next delivery is Friday, then Monday, Tuesday, etc.  We're using the time to a) learn about these new overclocked cards and b) pre-build lots of racks.

We'll be able to turn it up pretty quick once the stuff arrives, but nothing I can do to make it faster at this point.

Is the expected end point of the buildout still 200TH?  The network is substantially faster now than it was when the 100TH was supposed to initially come online.

[papamoi]

Dumb use of bitcoin, this was.

YODA YOU ARE

 

[buzzdave]

We are also seeing more orphaned blocks than before - usually this was very rare.  Jared is looking into it.

[kaerf]

We are also seeing more orphaned blocks than before - usually this was very rare.  Jared is looking into it.

any thoughts on going back to pool-only mining? remaining at 100-200TH over the long term means greater and greater variance and orphans hurt a lot more.

[RHA]

If I may ask,  what are the relationship between tytus/Dave and Bitfury ?

Read the businessplan of 100TH.
Dave and tytus are 100TH creators/managers (and investors as well), while Bitfury is chips supplier.
100TH had invested in chips at the beginning, allowing Bitfury to put them into production.
Yet the hardware (the devices) is produced by others and 100TH depends on them.

[kaerf]

What is going on with dividends? 0 BTC for Nov 7th.

[-Redacted-]

At 100TH that kind of variance would not be unexpected.  If you look at equivalent sized pools - Slush,  Eligius or GigaVPS - they can  go 14-16 hours without finding a block.

[kaerf]

dave told me there are 4 blocks that are currently maturing, so they're a comin...apparently one's a 40BTC block too.

[-Redacted-]

nice.  you've got to love those superfee blocks

[RHA]

1. Superfee blocks?

2. The grow to 200 TH/s can extend over the November?

(...) New gear at new prices won't go up until (probably) December.  Possibly later.  We have big mines to build, so all the product that could be retailed will be going into that.

[-Redacted-]

Superfee - for some reason some blocks have an enormous amount of fees in them.  Instead of the usual .1 or .25 BTC in fees, some blocks have 5 BTC to 27 BTC worth of fees in them. 

Most of them seem to come from the same wallet ID that apparently has buggy software.  That ID sends out a number of small transactions - almost like paying off some miners for 2 or 3 BTC worth of mining - and sends a large amount as the transaction fee because it doesn't send itself back the change - I've seen it go as high as 53 BTC worth of fees on a 4 BTCs worth of transactions.

Those are the kind of blocks worth solving!

[Raman1983]

What a fuck?!!! Where is the dividends? Where is the 200Th/s???

[goxed]

We are also seeing more orphaned blocks than before - usually this was very rare.  Jared is looking into it.

Manifestation of someone selfish-mining?

[RHA]

100TH is growing today.
Now: 109 TH/s