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

[filharvey]

Were we made 100% good on the coins that were stolen?

Phil

[kaerf]

Were we made 100% good on the coins that were stolen?

Phil

It doesn't look like it.


BTW, going back to this post...

looks like some of the residual dividends have come back. i believe there is more btc that needs to be transferred back to the new dividend address.

for example, i think a bunch of dividends were transferred to https://blockchain.info/address/1Ls1VmsjCd2aadf6ZY1qrWoi8Ercva3rBd then moved away again, so those dividends should come back.


basically, we're looking at the missing dividends between: 2013-11-29 16:13:19 and 2013-12-04 08:23:20....so about 4.5 days. the 364 btc payment is probably around 1.5-2 days of divs. so we're looking for abour 2.5-3 days of dividends that still need to be transferred in.


i also see several newly generated blocks that are maturing from new mining.

i'm curious about this transaction: https://blockchain.info/tx/6448226eaa898f5156c6f670eefdca486e871273721327f39cb460f84f495c86.

374 BTC gets transferred from our dividends to 15p19K7psks9PP2faLhFRrn7ooyimGJaun...which is an account on picostocks https://picostocks.com/users/view/1339. However, the account details do not show a 374 BTC transfer out, so this must be a "friend" of picostocks. In fact, 15p19K7psks9PP2faLhFRrn7ooyimGJaun gets a lot of payments from picostocks/100TH (e.g. https://blockchain.info/address/13sS5HN1Uw492UCeKRnQEv93GC4EiHHupy). all this seems a little odd...  dave, is this your address? =P

[jiefangqian]

 

[chstls]

dowe agian?

[RHA]

It's official: 500 TH/s reached.

https://picostocks.com/docs/view/85

We have reached 500TH/s. We will try to keep this hashrate as long as the hardware lasts. We will not deduct running costs as long as these remain marginal (below 10% of revenues).

[snowdropfore]

It's official: 500 TH/s reached.

https://picostocks.com/docs/view/85

We have reached 500TH/s. We will try to keep this hashrate as long as the hardware lasts. We will not deduct running costs as long as these remain marginal (below 10% of revenues).

does it means it will keep the hashrate at 500th,and will not add up hashrate again???

[bulltrap]

It's official: 500 TH/s reached.

https://picostocks.com/docs/view/85

We have reached 500TH/s. We will try to keep this hashrate as long as the hardware lasts. We will not deduct running costs as long as these remain marginal (below 10% of revenues).

does it means it will keep the hashrate at 500th,and will not add up hashrate again???

Hardware scheduled for sale on megabigpower.com will be run on the mine so we will receive some boost on hashrate from that.

Better stats page would be nice and maybe it would attract more liquidity for the stock. At current hashrate price is much cheaper than in cex.io and I believe there would be more people interested in the stock if they knew the situation.

Also a question for tytus or dave are there any plans to add namecoin mining?

[buzzdave]

https://picostocks.com/docs/index/19

Hi folks - we have officially hit 1GH/share!  Originally, we planned to provide 200MH/s per share, so this is a 5x increase over promised delivery.  We have placed over 1300 rigs into the mine, running nearly 300,000 hashing chips.

This hardware is here to stay and will not be sold as retail.  We hope this presents an easy to understand price per share in comparison to other cloud mining opportunities out there.  Tytus also points out that we are zeroing in on over 20,000 BTC mined by end of year!

Over the next month, you can expect to see some improved stats for the mine and hopefully some improved onboarding user-experience for new cloud miners coming into Picostocks.

Best,
Dave

[bulltrap]

Could we get some comments on the 10000 share wall at 0.04? It seems this is advertised at: https://megabigpower.com/shop/index.php?route=product/product&product_id=68. This is how tytus commented about share price earlier in October when we were at around 0.06btc per share.

Share price will only improve if we add more hashing power. We work on this full time.

Share price never really went up from that point and now there is a huge insider sale at 0.04.

Price was just recovering and we were trading at around 0.06 per Ghash. 1 Ghash in cex.io is currently 0.066btc, why put up a huge wall at 0.04btc per Ghash? All that wall does for now is lower the share price, only ~350 shares have been sold from the wall. This is not really a nice move for shareholders and people who bought above 0.04, we don't have enough liquidity for walls like that before there is a new interface for more people to easily join the mine.

Are more sales like this planned or is this a one time deal? If it's for promoting the mine I think it would be better justified. Still would be nice if these kind of huge sales would be announced in advance. There was a discussion about the same topic before and tytus said he would announce the sales 48hr in advance:

This is a good idea. I will report the desire to sell shares at some price 48h before I place the order.

Hope the interface improvements are coming soon to improve the liquidity.

[Dexter770221]

Any shareholder can sell at price that thinks it's good for him. This user had 40k shares from the beggining. It turn out that it's Dave himself. His decision, it can happen at any stock exchange that someone put walls. No one promised you huge gains from share price.

[fractal02]

PicoStocks is down for me... 

[Macno]

for me too (just when I thought about registering...)

[aquarius]

Hi, maybe you guys can help me out.

When I try to register at picostocks.com it tells me that the bitcoin address I have entered is 'Invalid'. I have tried several addresses from different wallets I own and still the same error message. Kinda frustrating. Any ideas?

[bulltrap]

Any shareholder can sell at price that thinks it's good for him. This user had 40k shares from the beggining. It turn out that it's Dave himself. His decision, it can happen at any stock exchange that someone put walls. No one promised you huge gains from share price.

Of course it is not wrong for Dave to sell his shares. In this case though people responsible for the project are telling that they are trying to improve share price and a bit later they will dump a lot of shares under the market price. I think it is not unfair to ask for clarification and their future plans. If a CEO of a company is selling a lot of shares he will also be asked questions.

[daddyhutch]

Merry Christmas eve!

I just bought a share for 0.04... will I receive dividends based on mined earnings of 1Ghs?

If so, when?

Sorry for noob question... I did some RTFM, but am kinda tired right now, thanks for any replies.

daddyhutch
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[greaterninja]

Buzzdave, Tytus and Punin,


You guys did a good job reaching 1GH/s per share.  More transparency with the plans of this farm would be nice



Very Respectfully,


GreaterNinja

[klondike_bar]

Buzzdave, Tytus and Punin,


You guys did a good job reaching 1GH/s per share.  More transparency with the plans of this farm would be nice



Very Respectfully,


GreaterNinja

agreed. It would be nice to know if 500TH is 'it', or if there are blueprints for the future (ie: 700TH by march, 1PH by july, etc)

[Dexter770221]

Merry Christmas eve!

I just bought a share for 0.04... will I receive dividends based on mined earnings of 1Ghs?

If so, when?

Sorry for noob question... I did some RTFM, but am kinda tired right now, thanks for any replies.

daddyhutch
><((((º>¸.·´¯`·.¸.·´¯`·...¸><((((º>
`·.¸¸.·´><((((º>`·.¸¸.·´¯`·.¸.·´¯`·...¸><((((º>

At this timestamps:
https://picostocks.com/stocks/bitcoins/19

[Macno]

So unlike cex.io you could actually try to buy and hold shares here because the GHash/share increase over time?

[Dexter770221]

So unlike cex.io you could actually try to buy and hold shares here because the GHash/share increase over time?

At the beginning idea was opposite. Steady 100TH and nothing more, but due to delays tytus decide to increase this to 500TH and 1GH/share. How it will be in the future, no one knows. It looks like 500TH is max and no more power will be added. But only future will tell. Maybe at some point tytus will decide to mine at cex.io for example and buy extra GH using mined altcoins.