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

[gebir]

6 days = 7 block ,
Dave! WTF ?

[gebir]

1. Brak statystyk - Dave napisał że będą
2. Nadal sprzęt nie przełączony na publiczny pool
3. Wyłączony putstat
4. Hashrate spada
5. Dywidendy na poziomie ~150 TH

Dla kogo teraz kopie ten sprzęt - bo na pewno nie dla projektu 100TH
Leszek oddał projekt w ręce Dave'a a akcjonariusze zostali na lodzie.
Dziękuję za taki profesjonalizm i uczciwość.

[gebir]

Nie cały sprzęt należy do 100TH co nie zmienia faktu że gdzieś wyparowało prawie 10% mocy ze statystyk.
Dave zamiast się lansować (imho w jakiś sposób narażać projekt) do roboty by się wziął.

[gebir]

To już pytanie do Leszka. Nie wnikam w szczegóły.
Jak tylko się dowiedziałem to ... i się nie pomyliłem, niestety.

edit: zeszły tydzień Dave spędził w Europie, sprawdź statystyki... ja nic nie sugeruje 

[gigacoiner]

buzzdave,
Is this you?
Saw this a few days ago.  Nice!
https://www.youtube.com/watch?v=5CjldZLXiAU

[MPOE-PR]

Far as I can see, you're here to scam. The reasons are quite simply:

1. You're nobody, I couldn't tell you from Adam. Tytus, what's that. Wot? The cost to make you, entirely, is about fiddy cent. (Sure, you may or may not be related to Leszek Rychlewski, who'd be a moderately cited biology researcher. On the strength of your presentation that connection is not worth investigating.)

2. You came up with what you call an exchange, for no apparent reason. It doesn't exchange anything. The worthless assurances of some Marshall Islands shell "repaying" anyone for anything are of no value and no interest.

3. You came up with a scam for that exchange, specifically, an imaginary set of 1000 boards that Tom was selling you (in spite of bASIC not making that many boards to begin with and you not being anywhere on the lists of people that ordered).

I did point out to you then you're lying through your teeth, and your response was that *I* should check up on your claims. No receipts, no proof of anything. You could be Inaba if we didn't already have an idiot by that name around.

Conveniently enough for you Tom blew up, and so you're roughly in the situation of the various scammers operating out of GLBSE: they get to pretend like it was all Nefario's fault. Oh, yes, I forgot, you lost a million dollars with the bASIC blow-up, how fortunate for us that you're so cavalier about that disaster, picked yourself up and are back for more. Innit easy to get through due diligence for imaginary fortunes and imaginary investments? How strange that Tom never had half that much money to refund in the first place.

4. You came up with a slightly larger piece of bs. Who is bitfury? Oh, wait, nevermind, "BitFury Group facilitating development of BitCoin-related software, hardware and services". Great. They made a splash last summer with their insane "licensing" deal. Meanwhile they draw 7MW per Gh or something like that, and nobody (including the manufacturer) even knows what the units cost. Let alone that there were a grand total of two units built overall, during the entire 10 month lifetime of the project. As a bonus, MegaBigPower.com is some bs site registered two weeks ago, in no position to "operate" anything whatsoever. To make it perfectly clear: 100 TH made out of bitfuries is much like an aircraft carrier made out of old refurbished Ford Model Ts: not seaworthy.

5. If you think that is a business plan you have absolutely never either seen one or done business.

I get that you think Bitcoiners are idiots, and most are. The important point is that those who are have no BTC, and those who still have BTC aren't idiots. Your deluded notions that anyone will actually put as much as fifty dollars into this patent nonsense is about as amusing as the idiocy coming from the bitfinex corner. I get that you think you can buddy-buddy and "act professional" and it'll wash like it has in the past. You're wrong. It won't.

To quote my ever-watchful boss,

Pack it and move. This is your only warning, and quite frankly I have no ideea why warnings are even necessary. Bitcoin is not for idiots. That means you.

[RHA]

1. Please write in English here, not in another language (e.g. Polish). Writing in Polish plus the English translation is OK.
Or at least write a sentence in English to describe what have you written in foreign language.
If no, don't cry when mods remove your post.

2. For current difficulty 500TH (~518 TH/s) should produce an average of 68 BTC/day, what is equal to 2-3 blocks per day.
Now it is less than 2% of the whole network, so the volatility is higher than before and it's better to calculate an average from two weeks (38 blocks).
Next difficulty should not be much higher (< 12%) so the numbers will be similar (60 BTC/day, 2-3 blocks per day, 33-34 blocks per two weeks).

[gigacoiner]

PicoStocks.com in this article:
http://www.coindesk.com/inside-north-americas-8m-bitcoin-mining-operation/

[jiefangqian]

Yes

It's our pool?

[Giray]

yes

[Giray]

Dave, all rigs worked on this adress https://blockchain.info/address/1K7znxRfkS8R1hcmyMvHDum1hAQreS4VQ4 now?

[Dexter770221]

Whats that strange dividends showed up? Do we started pool minning?

[Giray]

back to bctguild

[kaerf]

Dave/Tytus, what's going on with the mine? Are we solo-ing or pool-ing? If we're in a pool, why are our payouts so low? 45 and 40 btc the last two days through pooled mining? That's like 380 TH/s.

[snowdropfore]

Dave/Tytus, what's going on with the mine? Are we solo-ing or pool-ing? If we're in a pool, why are our payouts so low? 45 and 40 btc the last two days through pooled mining? That's like 380 TH/s.

no one will care about it ,we would not get our btc back in the end .

[xzempt]

If we are back on a pool,  why not put us on a no fee pool like eligius?

[BitHereBitThere]

Dave,

Thank You for joining a pool for more regular payouts.  I had suggested this a while back and it seems like the only way to go if we were not going to add any more power to the rigs.  Can we please have some info about this new pool. I have looked at their mining wallet 14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer  and it looks like the pool has mined over 30 blocks today 3-17-2014. However we have only so far received 8 payouts today 3-17-2014. Is the 500th mine doing work on all the blocks? If so why did we not receive over 30 payouts corresponding to the number of blocks that were mined. Why are the payouts always exactly 8BTC > 0.00001512BTC/share? Why do they not vary according to the amount of work 500th is preforming? Can the Shareholders please have an update ether here in the forum or write Report and post it on the picostocks site. I have noticed the share price drop since the implement of this pooled mining. This is clearly panic selling because it looks like this pool is going to actually bring in more BTC then the mine could possibly make on its own in the current difficulty level. It takes just over 3 payouts at the current rate to equal the same block payout that we are used to.  In the 3 days we have been on the pool we have averaged 6 payouts per day right around the equivalent of mining 2 blocks per day on our own.  A report would really help relive the anxiety the share holders.

[Dexter770221]

Btcguild is the pool, and it looks like there is autopayout setup at 8 BTC. User ID 431474. Nothing wrong is here. But what is wrong is total lack of info regarding changes and status. That's really not professional way that shareholders need to track everything and make guesses.
Price dropped becuse price of 1GH at cex.io also dropped.

[Giray]

https://www.btcguild.com/index.php?page=rankings

815 Th hashpower

[BitHereBitThere]

Btcguild is the pool, and it looks like there is autopayout setup at 8 BTC. User ID 431474. Nothing wrong is here. But what is wrong is total lack of info regarding changes and status. That's really not professional way that shareholders need to track everything and make guesses.
Price dropped becuse price of 1GH at cex.io also dropped.

I completely agree with you the manner in which this was switched over has been unprofessional. Hopefully a status report will be posted soon some transparency would be much appreciated.

How do you know that 431474 is 500th's user id? If you look at the Btcguild rankings page user 431474 is https://www.btcguild.com/index.php?page=rankings

User 431474 is #1 in fastest user at 640,343.36 GH/s
User 431474 is #2 All time shares at 391,153,617,664
User 431474 shows 299 blocks found so far

None of that makes any sense especially the all time shares and 299 blocks found we have only been running on there for a few days.  Please let me know how you know that user 431474 is the 500th mine.