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Author Topic: FPGA Mining Contract  (Read 36268 times)
zapeta
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February 21, 2013, 12:50:01 PM
 #401

When can we expect the next payment?  Seems its been a couple weeks since the last one.
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fizzisist
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February 25, 2013, 03:27:14 PM
 #402

More payments!

Sorry for the recent delay. Making payments is now a mostly manual operation, and requires lots of double checking and detail work, so I don't like to do it unless I have some good time I can spend focusing on it. Finally found the time for it today!

First payment, for backpay (received another address from a user that hadn't sent it before):
http://blockchain.info/tx/f475bf87e0a928bde2fd92bda713ed0d59cce83a827319076af89951023c36d7

Second, general payment:
http://blockchain.info/tx/0c0c9ae233ff666c593d9f6cc01b373c8e60d5a8786333a5cffa3ef066f3db79

fizzisist
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March 11, 2013, 08:30:09 PM
 #403

New dividend payment

http://blockchain.info/tx/641ff689df58a871e5ff8374216761598be23a7850fdd79d98c75b035ae15603

REF
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March 16, 2013, 08:43:26 PM
 #404

thanks for the continued payment.
Iv been sitting on these shares for a long time.
toffoo
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March 25, 2013, 08:26:28 PM
 #405

Hi fizzisist,

I didn't catch this announcement last month that you've suspended sales of new X6500s:

http://fpgamining.com/news/suspending-operations

and it also seems all mention of the FPGA.contract have disappeared from your site.

Does this in any way imply any plans to wind down mining operations?

What is the current hashrate of the "farm" and what are you planning to do with it (and FPGA.contract holders) going forward?

Thanks!

fizzisist
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March 29, 2013, 01:09:30 AM
 #406

Hi fizzisist,

I didn't catch this announcement last month that you've suspended sales of new X6500s:

http://fpgamining.com/news/suspending-operations

and it also seems all mention of the FPGA.contract have disappeared from your site.

Does this in any way imply any plans to wind down mining operations?

What is the current hashrate of the "farm" and what are you planning to do with it (and FPGA.contract holders) going forward?

Thanks!

Yes, we're no longer making new FPGAs, but our little cluster is still mining away at ~2.8 GH/s.

fizzisist
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March 29, 2013, 01:16:31 AM
 #407

More payments!

Another user finally got in touch with me with their address so I made a back pay payment:

00f8180836c0e62e1570fa0aff9ef97a2249067c8f72360fb94dd54646706b97

After that I made a general dividend payment:

380d59311e237891e5aa0d870591c6867ac3b4f72c939029a8e08bcc9f58f669

qxzn
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March 29, 2013, 01:30:39 AM
 #408

woot!  who needs asics when you got fpga revenues  Tongue
fizzisist
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April 16, 2013, 06:40:46 AM
 #409

Another payment!

https://blockchain.info/tx/b207638c6f8194e764749934f97118ca4de03f5958894695ff332edb32661440

Dexter770221
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April 16, 2013, 09:53:31 AM
 #410

Great !

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.
fizzisist
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May 11, 2013, 02:35:45 PM
 #411

It's been waaaay too long since my last dividend payment. Very sorry about that, folks. Here's the latest one:

https://blockchain.info/tx/f03e3fdcc32a47a28a5a1bc697573fc76a35d771f1d0696d3b626345b6372b58

Dexter770221
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May 12, 2013, 07:25:23 PM
 #412

Nice to see another satoshi in wallet....

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.
fizzisist
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June 02, 2013, 05:57:39 PM
 #413

Another payment!

159574c5c5919a15cea9c1e1aa860e2aca3f9706e05c7a2fa0c0e12e42c053f6

fizzisist
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July 14, 2013, 03:12:37 PM
 #414

And, another payment:

txid: 05096425978646edb4adf6ff176eea2aa9dfd7defa18891fa77c93cc8e941af2

fizzisist
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August 25, 2013, 08:38:14 PM
 #415

Payment time:

txid: 2487f5d874a344c4c77f3578634c6e659b52f18213f369e6b8d37a9b015dbab1

meti
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August 25, 2013, 08:39:14 PM
 #416

Nice Smiley

1CwizNne7EM7E1jk9qBcrZwc9huCvKiooM Smiley
JimRogers
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November 14, 2013, 03:24:24 PM
 #417

Nudge.
torusJKL
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November 15, 2013, 11:26:34 AM
 #418

There haven't been any payouts anymore for a long time.
And the official homepage does not exist anymore.

Has this contract been canceled without notice?

If you find my post useful send some BTC: 167XM1Za8aG9CdbYuHFMpL2kvPsw6uC8da
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qxzn
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November 15, 2013, 08:12:55 PM
 #419

There haven't been any payouts anymore for a long time.
And the official homepage does not exist anymore.

Has this contract been canceled without notice?

Probably makes sense to cancel it, what with the hashrate being what it is. That said, a proper winddown and final payout would be nice. Not sure if there's any money to be gained by liquidating the cards, but that might be a nice gesture too.
fizzisist
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November 17, 2013, 03:27:58 PM
 #420

We're still mining, but it's definitely getting close to the "not-worth-it" point. One issue is that each payment needs to be over 0.00005430 BTC for the client to send it, and with the shares spread out over so many people, the payment per account is tiny until it has been mining for months. I made a payment today almost 3 months since the last one and there will still some accounts that were under that limit. I had to manually remove those and will need to carry over the unpaid earnings for the next payment... an extra pain in the neck for me.

So, my plan at the moment is to just continue letting the FPGAs do their thing, and checking on the earnings occasionally. When it's enough for the majority of shareholders to receive a payment, I'll make one. I'll keep an eye on the difficulty/price ratio and not mine when the cost of power outweighs the earnings. At that point, we should discuss selling the boards off. Thoughts on that plan?

Today's payment txid: 986d9a5048e9b29ed4af96c3868f981955e645b9529c3ff93e511751480a91b0

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