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Author Topic: [PicoStocks] 100TH/s bitcoin mine [100th]  (Read 469875 times)
gigacoiner
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June 05, 2014, 07:08:02 PM
 #1661

So, how much GHs is a share of this mine now?
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Dexter770221
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June 05, 2014, 08:12:11 PM
 #1662

So, how much GHs is a share of this mine now?
1GH.
User 522067 on btcguild, total shares ~520k....

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.
RHA
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June 05, 2014, 09:52:41 PM
 #1663

Heh ja nie rozumiem dlaczego wzbraniacie się przed zwiększeniem hashpower, przecież to wpłynie na kurs, a ten z kolei przyciągnie nowe depozyty...
The translation: "Huh, I don't understand why you are reluctant to increase the hashpower, after all, it will will affect the exchange rate, and this in turn will attract new deposits..."

Increasing the hashpower costs money. Who would pay for it?
Dexter770221
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June 06, 2014, 09:19:11 AM
 #1664

Giray, po polsku to na odpowiednim subforum. Jest takie.

Original IPO says 100TH, nothing more. They throw extra hashpower becuse of delays. So everything is as it should be. It was obvious that this mine will be dead soon or a later. Unfortunatelly it's very soon. Everyone can now laugh very loud at "pesimistic scenario" that total haspower of network will not increase more than 200TH/month... That was at IPO...

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.
pajak666
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June 12, 2014, 12:40:09 AM
 #1665

picostocks.com down just for me or for everybody?
any reason for that?
jiefangqian
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June 12, 2014, 08:34:04 AM
 #1666

me too

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
hippies
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June 12, 2014, 11:04:12 AM
 #1667

me too Angry
ttf0
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June 12, 2014, 05:16:32 PM
 #1668

It is clear they are still mining, see user 522067 at btc guild.  I'm going with 'webserver issue' though their lack of communication in general is indeed frustrating.
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June 12, 2014, 05:19:13 PM
 #1669

or look at https://megabigpower.com/
Giray
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June 12, 2014, 08:31:29 PM
Last edit: June 13, 2014, 02:13:35 AM by Giray
 #1670

site now working
fractal02
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June 13, 2014, 05:50:33 AM
 #1671

Site work, they updated stat from all the pools in the front page
Puppet
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June 13, 2014, 08:00:00 AM
 #1672

I'm pretty sure that's why picostocks is structured differently. You are not buying ownership in anything. Picostocks owns all of the assets..."users" are profit sharers.

A tradable profit sharing agreement is a security

(1) The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation
in any profit-sharing agreement,
collateral-trust certificate,....

https://www.sec.gov/about/laws/sa33.pdf
Dexter770221
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July 25, 2014, 03:25:45 PM
 #1673

Why dividend payments have stopped? Last at 2014-07-22 22:51:24.

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.
BitHereBitThere
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July 25, 2014, 03:44:49 PM
 #1674

Dave/Tytus,

It looks like the 5BTC payouts have been continuing to send however they have not credited our Dividend accounts since 7-22. As of right now there appears to be 8 payouts that have not credited us what is going on??? https://blockchain.info/address/1LyZ2QJDJDJ7Mf8caQb2uRLgBVqBF9GvH4 . Please look into this ASAP!!!
BitHereBitThere
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July 25, 2014, 07:27:38 PM
 #1675

Tytus,

something is wrong pico site No payouts or trades since 7-22 also when logging in it does not send the arming Email I have tried it on Chrome and Explorer with no success. Can anyone else log in and arm their session?   
iCEBREAKER
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July 30, 2014, 10:52:15 AM
 #1676

Tytus,

something is wrong pico site No payouts or trades since 7-22 also when logging in it does not send the arming Email I have tried it on Chrome and Explorer with no success. Can anyone else log in and arm their session?   

Tytus hasn't checked in since the Cointerra IPO debacle months ago.

Try buzzdave or contact@picostocks.com


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l3sny
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August 24, 2014, 07:32:07 AM
 #1677

any update on the situation?

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BitHereBitThere
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September 05, 2014, 04:40:53 PM
 #1678

What has happened to the Mine?

At the end of the day on 9-4 during shift 19644 the hash power being reported on btc guild user 522067 dropped to 246th
https://www.btcguild.com/index.php?page=pplns&shift=19644

Right around that time there was abnormal payout to the pico stocks dividend account of 0.00001122 btc per share.

1367215   100th   0.01904034   dividend per share 0.00001122

From that point forward the mine has been running at only 76th

Looking for an update please.
buzzdave
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September 07, 2014, 03:30:18 AM
 #1679

Hi folks - MBP has developed our own private pools that accept only the mining of preferred mining partners (the franchise concept) and of course our own mines.  500TH mine is now mining to one of our internal pools.  Because we control the 500TH mining hardware and our mining partners are trusted, we are probably the only pool that pays pure PPS now.  This means 500TH dividend payouts will be much more reliable - they have suffered quite a bit of variance while mining to BTC Guild.

Expect to see steady daily payouts regardless of pool luck.

[EDIT] We are still transitioning 500TH to the pool.  There will be a small amount of hashpower at BTCGuild until early next week (currently about 57TH).  Once we have a public facing stats mirror, I'll post the url here.

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September 07, 2014, 10:43:46 AM
 #1680

Dave, however, does not change the fact that many shareholders by the incompetent management of the 500th suffered losses and accepted them do not compensated. How else to call it half-year delay? In addition, it is a matter known in the world of BTC and issue proper opinion MBP. How will you get the issue Cointerra?
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