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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 200242 times)
BinaryMage
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January 21, 2012, 04:03:28 AM
 #81

How are the invites going? Waiting expectantly for mine...  Grin

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January 21, 2012, 04:17:19 AM
 #82

How are the invites going? Waiting expectantly for mine...  Grin
You're not missing much, as there is no way to purchase mining power, yet.
pirateat40
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January 21, 2012, 04:18:03 AM
 #83

How are the invites going? Waiting expectantly for mine...  Grin
You're not missing much, as there is no way to purchase mining power, yet.

Update is happening as we speak.

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January 21, 2012, 05:09:41 AM
 #84

I have read the entire thread. most of it is miners saying they want to join and others alerting you about possible security issues.
I am new to the whole Bitcoin business and simply asking for an explanation about how this service can be beneficial to either side?
Basically I am asking for examples of "use cases" for the service you provide.

I would say that most of the time is for testing purposes. For example, if you are setting up a new pool, you need hashing power to test it.

http://bitcoin.stackexchange.com/questions/2269/why-would-someone-rent-hashing-power
Costia
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January 21, 2012, 05:16:57 AM
 #85

I have read the entire thread. most of it is miners saying they want to join and others alerting you about possible security issues.
I am new to the whole Bitcoin business and simply asking for an explanation about how this service can be beneficial to either side?
Basically I am asking for examples of "use cases" for the service you provide.

I would say that most of the time is for testing purposes. For example, if you are setting up a new pool, you need hashing power to test it.

http://bitcoin.stackexchange.com/questions/2269/why-would-someone-rent-hashing-power
Thanks, that's what i was looking for. though some uses there assume buying hash power for USD rather than Bitcoin (which would put the service in danger of losing money if the exchange rate goes up, since he intends to pay the miners in BTC )
hmm. this service can be really useful if both sides are paid in usd
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January 21, 2012, 05:24:30 AM
 #86

I would say that most of the time is for testing purposes. For example, if you are setting up a new pool, you need hashing power to test it.

But gpumax will only direct hashing power to "trusted" pools, if I understand correctly, making it useless for this purpose.

pirateat40
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January 21, 2012, 05:28:18 AM
 #87

I would say that most of the time is for testing purposes. For example, if you are setting up a new pool, you need hashing power to test it.

But gpumax will only direct hashing power to "trusted" pools, if I understand correctly, making it useless for this purpose.

That has changed, we have systems in place now to verify your pool is working on legit work. 

It's been a long day, I'll send out a site update post and more information in the morning when I've been refreshed.

Costia
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January 21, 2012, 06:34:23 AM
 #88

an interesting idea would be to pay for the hash power - and then not use to reduce the difficulty of the next blocks
BinaryMage
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January 21, 2012, 06:39:22 AM
 #89

an interesting idea would be to pay for the hash power - and then not use to reduce the difficulty of the next blocks

Interesting, but probably not profitable...

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Costia
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January 21, 2012, 11:13:33 AM
 #90

so to maximize profits large pools can do blockchain-hopping every 2 weeks?
i guess to answer this i will need a better understanding of how the difficulty is set...
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January 21, 2012, 07:59:16 PM
 #91

so to maximize profits large pools can do blockchain-hopping every 2 weeks?
i guess to answer this i will need a better understanding of how the difficulty is set...

There is only 1 block chain.

You would point your hashing power to gpumax to make MORE than PPS rates when mining.

You might want to purchase hashing power if you feel you are going to be lucky or you are running your own pool / pool software to test things out. You might want to rent hashing power for other reasons too.

It would be wise of you to read more and post less until you have a better grasp of what is going on. It took me months, but I'm dumb so it might not take you as long.
imsaguy
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January 21, 2012, 08:15:17 PM
 #92

I'm dumb

Witnessed.

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
Costia
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January 21, 2012, 09:38:49 PM
 #93

so to maximize profits large pools can do blockchain-hopping every 2 weeks?
i guess to answer this i will need a better understanding of how the difficulty is set...

There is only 1 block chain.

You would point your hashing power to gpumax to make MORE than PPS rates when mining.

You might want to purchase hashing power if you feel you are going to be lucky or you are running your own pool / pool software to test things out. You might want to rent hashing power for other reasons too.

It would be wise of you to read more and post less until you have a better grasp of what is going on. It took me months, but I'm dumb so it might not take you as long.
there are at least 5 block chains of different crypto currencies
pirateat40
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January 21, 2012, 09:39:49 PM
 #94

so to maximize profits large pools can do blockchain-hopping every 2 weeks?
i guess to answer this i will need a better understanding of how the difficulty is set...

There is only 1 block chain.

You would point your hashing power to gpumax to make MORE than PPS rates when mining.

You might want to purchase hashing power if you feel you are going to be lucky or you are running your own pool / pool software to test things out. You might want to rent hashing power for other reasons too.

It would be wise of you to read more and post less until you have a better grasp of what is going on. It took me months, but I'm dumb so it might not take you as long.
there are at least 5 block chains of different crypto currencies

We only support Bitcoin mining.

Costia
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January 21, 2012, 09:52:42 PM
 #95

i guess i have been a bit off topic then Smiley
good luck with the service
sounds interesting
The LT
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January 22, 2012, 02:33:50 AM
 #96

Got the invite to GPUMAX, but trying to input the password on the page isn't successful. Tried in all browsers... Sad

Sad, sad day...
pirateat40
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January 22, 2012, 02:37:52 AM
 #97

Got the invite to GPUMAX, but trying to input the password on the page isn't successful. Tried in all browsers... Sad

Sad, sad day...

Hey,

Sorry about that, we had one other user have an issue with setting a password but we have not been able to reproduce the issue.  I'll have your password reset for you. 

Please send me your email in PM.

Thanks,

The LT
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January 22, 2012, 02:43:57 AM
 #98

Got the invite to GPUMAX, but trying to input the password on the page isn't successful. Tried in all browsers... Sad

Sad, sad day...

Hey,

Sorry about that, we had one other user have an issue with setting a password but we have not been able to reproduce the issue.  I'll have your password reset for you. 

Please send me your email in PM.

Thanks,

Sent a PM! That was lightning-fast!  Shocked Shocked Shocked Shocked Shocked
jamesg
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January 22, 2012, 02:49:43 AM
 #99

Sent a PM! That was lightning-fast!  Shocked Shocked Shocked Shocked Shocked

Never underestimate a pirate!
pirateat40
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January 22, 2012, 03:01:33 AM
 #100

Sent a PM! That was lightning-fast!  Shocked Shocked Shocked Shocked Shocked

Never underestimate a pirate!

Arrrrrr!!!!

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