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Question: I would purchase mining time with...
BTC - 231 (57.6%)
MTGOXUSD Codes - 31 (7.7%)
Credit Card - 112 (27.9%)
Other e-currency (ie. Dwolla, Paxum) - 27 (6.7%)
Total Voters: 399

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Author Topic: GPUMAX | The Bitcoin Mining Marketplace  (Read 200355 times)
BurtW
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April 07, 2012, 01:48:25 PM
 #1461

Everyone, quit farting around and just leave it at 0.00005.  What is so hard about that?

We're heavily backed up on purchases ...
From page 72.

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Cablez
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April 07, 2012, 02:03:37 PM
 #1462

Everyone, quit farting around and just leave it at 0.00005.  What is so hard about that?

We're heavily backed up on purchases ...
From page 72.


Yeah but heavily backed up on 20000 share purchases is probably not enough to satiate everyone's desire for leased shares 24 hours a day.  Wink

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
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notme
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April 07, 2012, 02:06:00 PM
 #1463

Everyone, quit farting around and just leave it at 0.00005.  What is so hard about that?

We're heavily backed up on purchases ...
From page 72.


Yeah but heavily backed up on 20000 share purchases is probably not enough to satiate everyone's desire for leased shares 24 hours a day.  Wink

Except leasing doesn't run while pirate sleeps.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Turbor
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April 07, 2012, 02:08:32 PM
 #1464


jjiimm_64
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April 07, 2012, 03:55:52 PM
 #1465

Anyone is getting public work today? I couldn't lease any shares the whole day! It seems to me leasing is more stable night time! I even tried to set the price down to 0.00004 and 0.00003! nothing! no public work!

Please go back and read previous posts about this.

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SgtSpike
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April 07, 2012, 04:58:44 PM
 #1466

Current purchase price per share is 0.00005116 BTC/share.  BUT, that doesn't include pirate's cut, right?  So if I set my workers to 0.00005115 BTC/share, I wouldn't get work, because the threshold is somewhere below that after the cut?
BinaryMage
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April 07, 2012, 05:24:57 PM
 #1467

Current purchase price per share is 0.00005116 BTC/share.  BUT, that doesn't include pirate's cut, right?  So if I set my workers to 0.00005115 BTC/share, I wouldn't get work, because the threshold is somewhere below that after the cut?

Correct, you have to subtract ~10%. In this case you should get work (when purchases are running) around .0000046. The price is fluctuating quite a bit though.

-- BinaryMage -- | OTC | PGP
beaups
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April 08, 2012, 02:46:01 AM
 #1468

Current purchase price per share is 0.00005116 BTC/share.  BUT, that doesn't include pirate's cut, right?  So if I set my workers to 0.00005115 BTC/share, I wouldn't get work, because the threshold is somewhere below that after the cut?

More specifically you should divide the current purchase price by 1.1 (a little different than just taking 10% off).  Issue is (could be) if purchases are backed up at different amounts, the "current" purchase price might not be relevant.



JL421
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April 08, 2012, 04:10:02 AM
 #1469

No one is actually going to pay attention to this, but here goes anyway...

Purchases happen when they happen. Stop constantly asking if there are any running. Stop changing your pricing to check if purchases are running. Pirate will let us know when there are not purchases running. Just because server upgrades were performed does not mean that purchases are started automatically.

What needs to happen is Pirate needs to implement one or more of the following...

A way to track whether or not purchases are running, something simple like a little icon on the GPUMAX page.
A better bidding system where the buyers set bids for shares and miners can either accept or reject offers for shares. That would be a true marketplace.
Automated purchase handling.

I know Pirate has many projects going. I'm wondering what he's actually doing behind the scenes. Is he just trying to keep up with the backlog of stuff that's building up?

If so, take some time to sit down and focus on one thing and get it done. Make an improvement, for now it just seems as if this beta has just stalled to sit around and do nothing.

Anyway...carry on.
Transisto
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April 08, 2012, 07:00:20 AM
 #1470

.....
A way to track whether or not purchases are running, something simple like a little icon on the GPUMAX page.
A better bidding system where the buyers set bids for shares and miners can either accept or reject offers for shares. That would be a true marketplace.
Automated purchase handling.

..... it just seems as if this beta has just stalled to sit around and do nothing....

It really seams like so,  I see the purchase price changing more often as sign something is moving though.
amazingrando
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April 08, 2012, 11:10:08 AM
 #1471

Purchasing is offline.  Wonder if that means site updates are coming?

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Cablez
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April 08, 2012, 12:13:14 PM
 #1472

Or he is just sleeping........zzzzzzzzzzzzz.   Get some rest big guy.  Smiley

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
GenTarkin
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April 10, 2012, 04:08:55 PM
 #1473

really? price dropped below .00005 =/ people quit lowering ur asking price, hes sleeping lol

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bulanula
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April 10, 2012, 04:57:29 PM
 #1474

really? price dropped below .00005 =/ people quit lowering ur asking price, hes sleeping lol

Looks like too much time to be just sleeping to me Roll Eyes

Can anyone say "announcement" Grin
GenTarkin
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April 10, 2012, 11:22:53 PM
 #1475

announcement?

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
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bulanula
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April 11, 2012, 10:40:40 AM
 #1476

announcement?

There is talk / rumour of pirate announcing some radical changes to how the purchases run and how the price is determined rather than the current confusing system.

Or so I think / hope Wink
zvs
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April 11, 2012, 12:15:38 PM
 #1477

Is this even worth subscribing for a beta invitation? Or is there a backlog of several years anyway?
Would be nice to show that on the registration form.

Years, NO... Maybe just 13 months.  Nah, we stopped invited due to maxing out our system.  We should be able to get everyone on within a week.

Hm, apparently not, from what it looks like?

I think I signed up about a month ago & haven't gotten anything...  On the question of your hash rate, I put 5000Ghash instead of 5Ghash, though..  Grin

Dacentec, best deals for US dedicated servers. They regularly restock $20-$25 Opterons with 8-16GB RAM & 2x1-2TB HDD's (ofc, usually lots of other good stuff to choose from).  I did a Serverbear benchmark of one of my $20/mo Opteron (June last year), it's here.  Have had about a half dozen different servers with Dacentec, & none have failed to sustain at least 40MB/s (burst higher). My favorite is a 12-month rent-to-own ZT Systems 2XL5520 16GB 2x2TB SATA for $40/month (got lucky with the 'off-brand', haven't seen a RTO 2xL5520 for under $50/mo since -- at least for monthly contracts).  wholesaleinternet.com has some ancient 2-core intel CPUs @ $10/mo sometimes (I got an Intel Core 2 6300 @ 1.86GHz, with a 250GB HDD with 46000 hours on it, LOL. $20 @ Dacentec is much better, if you can grab one). joesdatacenter.com (same location as Wholesale Internet) also occasionally has specials (or if you don't want to wait, it has an AMD Opteron 170 @ $16/mo).
TheSeven
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April 11, 2012, 01:13:59 PM
 #1478

Is this even worth subscribing for a beta invitation? Or is there a backlog of several years anyway?
Would be nice to show that on the registration form.

Years, NO... Maybe just 13 months.  Nah, we stopped invited due to maxing out our system.  We should be able to get everyone on within a week.

Hm, apparently not, from what it looks like?

I think I signed up about a month ago & haven't gotten anything...  On the question of your hash rate, I put 5000Ghash instead of 5Ghash, though..  Grin

Way more than a month here, just 500MHash, and still no invite.
Doesn't seem like they are interested in new users at all, so it's probably not worth waiting for it.
Just use P2Pool, if you have a low-latency setup you can make 105% PPS there as well, and earn an additional bonus from merged mining.

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phorensic
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April 11, 2012, 04:14:42 PM
 #1479

I was mining for GPUMAX for about a month solid.  Then something happened to purchasing or whatever.  Kept messing with my price and never getting any shares.  I went back to BTCGuild in the meantime.  Every time I come back to this thread I keep reading about people having the same problems.  Is this project going to get development and head towards stable?  I think it's cool to get more than the major PPS pools, but we need to get out of alpha/beta stage already.  It's coming up on 6 months of development.
gnar1ta$
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April 12, 2012, 12:59:10 AM
 #1480

Current purchase price per share is 0.00005116 BTC/share.  BUT, that doesn't include pirate's cut, right?  So if I set my workers to 0.00005115 BTC/share, I wouldn't get work, because the threshold is somewhere below that after the cut?

Correct, you have to subtract ~10%. In this case you should get work (when purchases are running) around .0000046. The price is fluctuating quite a bit though.

So if I set my workers at 0.00004, where does the difference go?  I get what it's set at.  Does the buyer get a discount or does pirate just pirate the difference?

Not hating - just wondering.

Losing hundreds of Bitcoins with the best scammers in the business - BFL, Avalon, KNC, HashFast.
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