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Question: I would purchase mining time with...
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Author Topic: GPUMAX | The Bitcoin Mining Marketplace  (Read 215346 times)
Bitcoin Oz
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August 25, 2012, 06:22:39 AM
 #2261

Depends if pirate used the 500 000 bitcoins to develop an ASIC chip in secret  Cheesy

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August 25, 2012, 08:22:50 AM
Last edit: August 25, 2012, 08:50:38 AM by Dice
 #2262

Hi,

So i guess when I buy e.g. 2,000,000 shares, it will connect to the pool I wish and based on their share rules, my payout will change. Now dumb question:

1) How long does it take to use up 2,000,000 shares?
2) Current price per share is [edited out] but lets use an example price of 0.00001, how profitable will it be for me?

Thanks, even though the buyers page is very simple, I find it difficult to understand the most important parts, how much is the ROI, per share purchased.

Thanks

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August 25, 2012, 03:48:21 PM
 #2263

I purchased 60K shares 2 days ago and it says that I have used 269 shares total and it says paused.

Is there a way I can unpause it? 

What am I missing.  If I could buy shares and then use those shares whenever I want I would be buying a lot more.

Also an API would be nice so I can automate the process of buying and using the shares at a specific time.


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August 25, 2012, 11:04:26 PM
 #2264

Just got my invite in the last round of invites that happened in the last couple days.  Got all signed up and setup right away and started testing things out.

I mine through slush, and put about half my hashing power into GPUMAX.  When I was doing public work, which was only a couple hours a day, my average per block at slush was about .045 btc.  And when there was no public work, I was averaging around .075, which seemed a little low.  Before I moved half my power over to GPUMAX, i was averaging around .095 /round. 

So I decided to move everything back to slush just to see what would happen, and immediately my returns went from .075/block back up to .095/block.

I know that slush wasn't supported for purchasing shares because of the high stale ratio, but according to my account my stale/reject rate is only 3%, and I don't think that's enough to account for the change.

Anyone else notice things like this?
Any ideas on how to resolve, without changing pools?

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August 26, 2012, 05:58:58 AM
 #2265

Alright, I give up. Just spent an hour trying to figure out how to work gpumax. I got the invite, but don't understand how to set it up. Is there some sort of how to guide out there? I assume it's so easy to setup that I'm just overlooking it. Or perhaps I don't understand the concept.

I have a couple of mining rigs here at home that I'm mining with EMC (Eclipse). I assume I somehow redirect my miners to gpumax, and gpumax directs my miners to EMC. Then if someone wants to buy my shares on gpumax, gpumax auto sells my shares to the buyer. How do I hook my miners up with gpumax? Is there a certain port, username, or password that I should be using? And what are the Mining Pools and Workers options for?

I am completely lost...

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August 26, 2012, 07:17:54 AM
 #2266

mining pool is where you put your EMC info in. Workers is where you setup a worker with your EMC pool info as your private pool. Once setup you will have a Username generated and a password for gpumax along with server info. Point your miner at that and bam you are using gpumax. PPS price is up to you.

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August 26, 2012, 03:44:57 PM
 #2267

You have to setup a pool first.  And you use the url your miner is normally pointing at for the pool url.  And you use the username and password of one or your normal miners for the pool username and password.

then you create miners in gpumax that connect to your pool, and as stated in the post above, there is a username and password generated that you will need to redirect your miners at home to.

took me an hour or so plus a lot of reading to figure it out. Definitely lacking in documentation...

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References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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August 26, 2012, 04:53:01 PM
 #2268

mining pool is where you put your EMC info in. Workers is where you setup a worker with your EMC pool info as your private pool. Once setup you will have a Username generated and a password for gpumax along with server info. Point your miner at that and bam you are using gpumax. PPS price is up to you.
You have to setup a pool first.  And you use the url your miner is normally pointing at for the pool url.  And you use the username and password of one or your normal miners for the pool username and password.

then you create miners in gpumax that connect to your pool, and as stated in the post above, there is a username and password generated that you will need to redirect your miners at home to.

took me an hour or so plus a lot of reading to figure it out. Definitely lacking in documentation...
Much appreciated, Gentlemen!

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August 28, 2012, 07:45:19 AM
 #2269

so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

I'm flying FPV race drones these days. Check out my YouTube channel: https://www.youtube.com/c/MiconFPV
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August 28, 2012, 08:00:43 AM
 #2270

so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?
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August 28, 2012, 08:04:37 AM
 #2271

why is micons ignore link highlighted?

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August 28, 2012, 09:18:50 AM
 #2272

I was started mining with GPUmax 48 hours ago.
I have 10 Gh/s.
400000 private shares
150000 public shares
4 BTC
How long I will be wait BTC from GPUmax into my wallet?

Пpoкypaтypa зaпpeтилa иcпoльзoвaть кpиптoвaлюты, a тaкжe дeнeжныe cyppoгaты, зaвeдoмo пeчaтaeмыe пpecтyпникaми, т. e. pyбли. Дaёшь нaтypaльнoe xoзяйcтвo!
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August 28, 2012, 01:32:48 PM
 #2273

so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?

And this is the problem of or lack thereof community.   Yes you should care.   Why you ask?  Because the person who knows someone who did something bad and still chooses to support them in a way could potential exhibit the same type of behavior.   Your reputation is important and saying you don't even care and don't know why is a statement that can be very telling.   Also empathy is a human trait.

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August 28, 2012, 01:37:55 PM
 #2274

so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?

And this is the problem of or lack thereof community.   Yes you should care.   Why you ask?  Because the person who knows someone who did something bad and still chooses to support them in a way could potential exhibit the same type of behavior.   Your reputation is important and saying you don't even care and don't know why is a statement that can be very telling.   Also empathy is a human trait.
I don't see how GPUMax can really be that heavily related to BS&T. Even if it is, I was one of the most vocal people in warning others about putting their money into a black box. If they went ahead and threw their money away that's their own idiocy.

The most I'm ever risking on GPUMax is a few days mining revenue, if it shut down tomorrow and I didn't get paid, I'd lose a total of maybe a few hours of my regular salary...
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August 28, 2012, 01:38:55 PM
 #2275

why is micons ignore link highlighted?
It makes it easier to find in the dark.

I am an employee of Ripple. Follow me on Twitter @JoelKatz
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August 28, 2012, 02:30:20 PM
 #2276

I stopped mining on gpumax when I noticed my returns from private work were down about 15%.  I tested it several times, and determined that even though my hash power shows up correct in my account (when working on private work) the returns Im getting are actually about 15% less than what I would make when not using GPUMAX.

And the public work was not making up for the difference.

I'll likely come back and test it occasionally, but for now Im just watching what happens with everything (pirateat40, bst&t, gpumax)...

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References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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August 28, 2012, 02:34:39 PM
 #2277

People here should fully expect this service to disappear one night with remaining payouts to never take place in my mind.
With the OP missing in action what has been said to the users which would make them think differently? Who is supporting
this service and answering questions?

have fun.
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August 28, 2012, 02:47:12 PM
 #2278

People here should fully expect this service to disappear one night with remaining payouts to never take place in my mind.
With the OP missing in action what has been said to the users which would make them think differently? Who is supporting
this service and answering questions?

have fun.

From what I have seen, it is mostly done via IRC #gpumax
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August 28, 2012, 02:56:42 PM
 #2279

People here should fully expect this service to disappear one night with remaining payouts to never take place in my mind.
With the OP missing in action what has been said to the users which would make them think differently? Who is supporting
this service and answering questions?

have fun.

From what I have seen, it is mostly done via IRC #gpumax


That is because if the OP came back to this forum people would have some serious questions for him.
OP has not been active in that channel for 5+ days.

I am a miner and I would never consider this service.
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August 28, 2012, 02:59:11 PM
 #2280

I don't use irc, so from my standpoint, there is no support whatsoever.

No faq's, no how-to, no docs.

And the first thing that made me a little nervous (when pirateat40 was still posting on this forum) was when people would ask what GPUMAX was actually for.  What purpose did it serve?  And pirateat40 would just come on and say something like "if you can't figure it out, don't use it".  

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References (bitcointalk.org/index.php?topic=): 50051.20  50051.100  53668.0  53788.0  53571.0  53571.0  52212.0  50729.0  114804.0  115468  78106  69061  58572  54747
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