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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 469875 times)
gigacoiner
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January 08, 2014, 06:40:35 PM
 #1541

Site seems to be working now, but not receiving email for the session, so can't trade.
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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snowdropfore
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January 09, 2014, 01:47:39 AM
 #1542

up for me ,and get my dividends,thanks for the good work。

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mastahofdesastah
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January 09, 2014, 10:29:08 AM
 #1543

Login works. THX
filharvey
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January 09, 2014, 01:57:21 PM
 #1544

If only daily divs were like that every day.

haha

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roy7
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January 10, 2014, 05:51:22 AM
 #1545

As far as I can tell from checking out the picostocks web site, the current ask price is about .029 BTC per share which is approximately $23 per GH/s. Which makes it cheaper than buying BitFury hardware directly, but slightly more expensive than buying BFL Singles which are at $20 USB per GH/s currently. Am I understanding the way this works properly? Dividends are automatically paid out to all share holders every time a block is found?
mastahofdesastah
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January 10, 2014, 09:42:08 AM
 #1546

but you will need to power up ur BFL device..

On pico Buz & Co. keeps the mine working, so u dont have to check your miner etc.

The dividends are payed dayly. I didndt understand the randomness. But a least you get everyday your dividends equal to your GH.

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January 18, 2014, 04:03:38 AM
 #1547

 looks like our dividends are getting less and less.still no new plans??

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Epinnoia
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January 18, 2014, 07:34:15 AM
 #1548

looks like our dividends are getting less and less.still no new plans??

Why wouldn't it?  The difficulty hasn't gone down.

You kind of need to reinvest your dividends in order to prevent that.  Unless I am missing something.

My first miner -> ATI 4550 (7.2 Mh/sec): 
https://www.facebook.com/groups/cryptospeculators/
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January 20, 2014, 01:47:45 AM
 #1549

Why I can't withdraw my BTC.
Dexter770221
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January 20, 2014, 08:25:29 AM
 #1550

Why I can't withdraw my BTC.
You must "arm your session". Check email to do that.

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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January 21, 2014, 01:05:36 AM
 #1551

Why I can't withdraw my BTC.
You must "arm your session". Check email to do that.
thanks
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January 22, 2014, 09:23:23 AM
 #1552

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

Any update on the situation when we can expect improved stats etc?
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January 23, 2014, 01:07:42 PM
 #1553

any plans to increase the available shares?  Saying I own part of a 1 Petahash mining op sounds better than part of 500TH  Smiley


also how safe is picostocks?   i'd like to see the option where I can have dividends paid to my wallet automatically instead of accumulating on the site....   just seems safe to me.....   keep our invested btc stored offline to prevent some sort of hacking attack.....  and pay dividends to a real wallet instead of holding them.... if we want to reinvest its a simple as sending you more coins... 



just a thought
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January 24, 2014, 07:35:17 AM
 #1554

hello,

In Lab rat data processing they announce new equipment with picture of board with Picostocks 100th name on this could tell as more about this?
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January 24, 2014, 09:52:23 PM
 #1555

Buzzdave,

In regards to your statement on Dec 17 when the mine hit 500gh you said shareholders could expect improved stats. Is only partially true yes the stats at that point were better then what they were in the past but due to increasing hash power across all mining the stats have actually gone down. The only solution is to increase the Hash power of the mine monthly to keep up with the increased difficulty level.

using the mining data found https://picostocks.com/stocks/bitcoins/19/page:1  the following numbers were generated.

Dec total mining was 6533.83116042 BTC which is an awesome 210.76874711 Btc/day.  Meaning 0.00040667 Btc/share/Day Nice

However Jan so far has decreased in stats.

Jan total mining to today's date 1-24 was 3408.18260180 which is 142.00760840 Btc/day Meaning 0.00027400 Btc/share/Day a drop of 32.62%

So my biggest question as a potential investor is Will you increase TH power as difficulty increases in order  to maintain your Btc/share payments around the 0.0003 Btc/share/day?

If so I am sold sign me up. Thank You.
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January 27, 2014, 03:22:27 PM
 #1556

Hello,

I know this is my first post, but I'm a long time bitcoin follower

I am invested in this 500 th mine, and would like to know how do I know what and when is the bitcoins paid?

Using this address I can see a lot of newly generated bitcoins:

https://blockchain.info/address/14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer

However I dont know which are going where, nor I can see what is coming my way

This is due to the fact that yesterday I only saw 3 payments of 0.00004729 per share, whilst most of the time we get to see about 7.

Obviously this could be due to several facts, including diff change, et al, however I can see 75 BTC payments, divided 3 ways, but none of them going to my address (nor I know when to expect them)

So, is there a way to know using blockchain what is going on?
gigacoiner
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January 27, 2014, 05:59:19 PM
 #1557

Can you login to your account on picostocks.com and see the dividends in your account?

I am invested in this 500 th mine, and would like to know how do I know what and when is the bitcoins paid?

Using this address I can see a lot of newly generated bitcoins:

https://blockchain.info/address/14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer

However I dont know which are going where, nor I can see what is coming my way

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January 27, 2014, 06:47:35 PM
 #1558

Hello,

I know this is my first post, but I'm a long time bitcoin follower

I am invested in this 500 th mine, and would like to know how do I know what and when is the bitcoins paid?

Using this address I can see a lot of newly generated bitcoins:

https://blockchain.info/address/14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer

500th mine address is 1LyZ2QJDJDJ7Mf8caQb2uRLgBVqBF9GvH4
https://picostocks.com/stocks/bitcoins/19
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January 27, 2014, 09:28:48 PM
 #1559

I see now,

I can also see some BTC that were not paid to share holders @ 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G

In  a chain of:

Newly generated coins --> 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G --> 1LyZ2QJDJDJ7Mf8caQb2uRLgBVqBF9GvH4

Theres a final balance of 125 BTC there (in 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G)

Guess this is what everybody was talking about transparency Huh Huh
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January 27, 2014, 10:09:47 PM
 #1560

I see now,

I can also see some BTC that were not paid to share holders @ 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G

In  a chain of:

Newly generated coins --> 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G --> 1LyZ2QJDJDJ7Mf8caQb2uRLgBVqBF9GvH4

Theres a final balance of 125 BTC there (in 1HmCtCgZhae2A8mosKNLfpzbFtpaGEhv7G)

Guess this is what everybody was talking about transparency Huh Huh
Transparency, with 150 addresses...
http://organofcorti.blogspot.com/2014/01/164-updated-unknown-network-hashrate.html
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