terrabyte
Newbie
 Offline
Activity: 20
Merit: 0
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June 25, 2014, 04:19:48 PM |
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No you're not  I was also meaning to report this. Thanks. Ha! So I'm in good company, I see... |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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MWNinja (OP)
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June 25, 2014, 06:28:27 PM |
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I totally broke the website by accidentally overwriting the stats6 page. Fixing it is on the todo list.
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sf2
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June 25, 2014, 08:03:28 PM
Last edit: October 12, 2014, 09:26:00 PM by sf2 |
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terrabyte
Newbie
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Activity: 20
Merit: 0
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July 11, 2014, 04:00:44 AM |
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I totally broke the website by accidentally overwriting the stats6 page. Fixing it is on the todo list.
I'd settle for just a a quick & dirty list in a post here of what GB#5 and GB#6 each paid out each week per share. We're 5 weeks behind. I have no idea if #5 is producing or sold off yet, or why this last week's payout went from .0245 btc to .007 btc. |
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terrabyte
Newbie
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Activity: 20
Merit: 0
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July 25, 2014, 06:19:42 AM |
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If you look on both of those links, you will see that the main payout sections to people , are the same on both pages. Please look at 7/22's payout from account, a6c04d203a17dfd197aaaa5de20006b778b72068cc12b8011564f993600e6242 I see my account in there (1QG58i...) receiving an amount (0.01806...) It matches what I see in my wallet. I assume this is the merged amount, because it's all I get. This transaction/amount for 7/22 I just pointed out is the same in both links you gave us. So I'm not sure where the split from #5 or #6 is showing up on the blockchain. Maybe there is some laundering before-hand I'm not following? |
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MWNinja (OP)
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July 26, 2014, 03:58:21 PM |
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https://blockchain.info/tx/a6c04d203a17dfd197aaaa5de20006b778b72068cc12b8011564f993600e6242If you look at the TX you'll see your address in there 2x, once for group 5 and once for group 6. We use a single transaction to manage payouts so we have less back and forth to the cold storage wallet. If you look on both of those links, you will see that the main payout sections to people , are the same on both pages. Please look at 7/22's payout from account, a6c04d203a17dfd197aaaa5de20006b778b72068cc12b8011564f993600e6242 I see my account in there (1QG58i...) receiving an amount (0.01806...) It matches what I see in my wallet. I assume this is the merged amount, because it's all I get. This transaction/amount for 7/22 I just pointed out is the same in both links you gave us. So I'm not sure where the split from #5 or #6 is showing up on the blockchain. Maybe there is some laundering before-hand I'm not following?
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railzand
Sr. Member
Offline
Activity: 462
Merit: 250
Lux e tenebris
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July 26, 2014, 07:14:55 PM |
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Should we think about selling these rigs now?
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sf2
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July 26, 2014, 09:28:27 PM
Last edit: October 12, 2014, 09:27:00 PM by sf2 |
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MWNinja (OP)
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July 27, 2014, 03:13:28 PM |
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We still have 2 more months of hosting obligation, after that we can consider liquidating. I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share. Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.
We'll make several options available when this group completes; it's in your best interest not to default.
A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
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dbasql
Full Member
Offline
Activity: 219
Merit: 100
Ethics and Science need to shake hands
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August 11, 2014, 10:04:14 PM |
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We still have 2 more months of hosting obligation, after that we can consider liquidating. I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share. Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.
We'll make several options available when this group completes; it's in your best interest not to default.
A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
Can you expand a bit on this? I don't know if I already paid or not and don't want to default. I sent you an email regarding this as well. It looks like we are still covering the cost of electricity but what happens after that? Are you saying we need to send USD for electric? If so for how long? |
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urbanBTC
Newbie
Offline
Activity: 36
Merit: 0
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August 12, 2014, 06:02:53 AM |
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We still have 2 more months of hosting obligation, after that we can consider liquidating. I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share. Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.
We'll make several options available when this group completes; it's in your best interest not to default.
A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
Can you expand a bit on this? I don't know if I already paid or not and don't want to default. I sent you an email regarding this as well. It looks like we are still covering the cost of electricity but what happens after that? Are you saying we need to send USD for electric? If so for how long? He want yous to do A or D most likelys. These are no costs to yous. Be carefuls on D he tried to do a S3 contract. He mades claims and ignored me instead of backing ups. Avoid his contract like Ebola tills he proves claims made in thread now hidden in another parts of forum. https://bitcointalk.org/index.php?topic=715299.msg8130358#msg8130358 |
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MWNinja (OP)
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August 12, 2014, 04:57:04 PM |
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Sorry I missed your email, and please ignore the troll as I have.
We're getting perilously close, particularly with the next difficulty adjustment to not being able to fully cover the electricity costs. A few owners have pre-paid to the end of term (7 weeks to go); to avoid any possibility of forfeit due to non payment of hosting fees, I'm recommending everyone pay until the end of the contracted term. Once the term is up we will neatly and cleanly wind-up the group buy, sending hardware out to those that want it, buying back from those that don't, and providing hosting to those that want to keep running.
The current remaining hosting cost is $121.24 per share to cover hosting to the end of the term. We can accept payment in a number of ways, send me a PM to get started.
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sf2
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August 13, 2014, 03:16:55 AM
Last edit: October 12, 2014, 09:25:32 PM by sf2 |
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MWNinja (OP)
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August 13, 2014, 04:16:40 AM |
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Taking a USD loss but obtaining btc as a side benefit, we do it for love?
If you think the price of BTC is going to go up in the next few weeks its greatly to your benefit to pay your hosting. In 7 weeks this hardware should still be worth $800 a machine I would think. Plus the way the payouts work those that prepay get a pretty sweet deal (btc credit at market rate).
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urbanBTC
Newbie
Offline
Activity: 36
Merit: 0
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August 13, 2014, 04:24:21 AM |
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MWNinja, what is the reasoning to knowingly mine in the red?
They Ninjas read other threads. Theys sneaky. I thinks they do it hoping people default, and free machine for them. They can add it to theirs new cloud project at no cost. They avoid manys questions on their failed S3 group buy cloud. Tricky words and do not back up claims, they ignore valid questions. Stills waiting on proof Bitmain backed your S3 claim of no downtime as I read it. Which i think was worded trickys. Also in their group buy they sneaks like ninja after 6 months you own nothing in a buys. With current path are wes really surprised they are making it so peoples can lose share so they come out on top? |
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dbasql
Full Member
Offline
Activity: 219
Merit: 100
Ethics and Science need to shake hands
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August 15, 2014, 12:56:04 AM |
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PM sent.
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MWNinja (OP)
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August 21, 2014, 08:12:25 PM |
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Dividend payment sent; 6 weeks remaining.
Datacenter mining is great when you have the newest, most efficient miner. Once the equipment ages the margins get too tight and we end up upside down on the hosting.
We're working on a new low cost solution, which won't be nearly as reliable as being in a datacenter - but will have significantly lower costs overall. The first prototype NinjaPOD should be coming online right about when this group finishes up. We found a home for the first batch of NinjaPODs in a part of Phoenix that has lower priced electric utility; downside is that it's an hour away. Pricing is TBD until we finish up the engineering and figure out how low of a PUE we can obtain.
Stay tuned...
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sf2
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August 21, 2014, 11:21:18 PM
Last edit: September 14, 2014, 04:48:04 PM by sf2 |
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dbasql
Full Member
Offline
Activity: 219
Merit: 100
Ethics and Science need to shake hands
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October 03, 2014, 02:25:23 AM |
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PM sent time to wrap this bad boy up.
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