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Author Topic: GPUMAX | The Bitcoin Mining Marketplace  (Read 215503 times)
preparation
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August 23, 2012, 09:41:23 AM
 #2221

shares are coming in now...

thx for fixing  Smiley
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 23, 2012, 11:57:28 AM
Last edit: August 23, 2012, 12:36:29 PM by fankih
 #2222

According to my miners I should have about 1.3GHash/s output, but GPUMAX is showing 262Mhash/s at the moment. Plus Reject shares are 0%  and Shares 0%  Income 0%, but some shares are coming to accepted all the time and my Income BTC is increasing. Wondering if I'm going to get any payout tomorrow.. O.o

And now giving 502 - Bad Gateway

-fankih-
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August 23, 2012, 03:29:50 PM
 #2223

all got fixed, thanks. Now, just waiting for the payment  Grin

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August 23, 2012, 07:22:19 PM
 #2224

for the record, i got my invite today.  set up account, but don't have time to do much else atm.

i think it was about 5 months
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August 23, 2012, 07:46:20 PM
 #2225

From IRC:

Quote
<@zux0r> due to stats not being calculated for 6 hours last night (6PMish - midnight) the payments for that day are missing about 6 hours of leased work
<@zux0r> tonight at midnight it will take your current balance and subtract how much you've been paid so far, so it should include what was missed
<@zux0r> also, the hourly graphs should be accurate as to what was earned during those 6 hours
<@zux0r> now that stats have caught up and filled in the gaps
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August 23, 2012, 08:25:03 PM
 #2226

for the record, i got my invite today.  set up account, but don't have time to do much else atm.

i think it was about 5 months

Same here, just got a beta invite sometime within the past couple of hours. Been waiting since Feb/Mar 2012, or something.

I haven't been following the Pirate drama, and I don't know much about GPUMAX. Is GPUMAX owned/run by Pirate? And is it safe to start using GPUMAX?

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August 23, 2012, 08:40:09 PM
 #2227

It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!

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August 23, 2012, 09:16:54 PM
 #2228

It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!
Any proof to that?  Roll Eyes

On another note, does anyone else's Income Shares & Reject graph actually work?
Mine has been empty for as long as I can remember and just assumed it was normal https://i.imgur.com/vbxWA.png

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August 23, 2012, 09:22:17 PM
 #2229

It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!
Any proof to that?  Roll Eyes

On another note, does anyone else's Income Shares & Reject graph actually work?
Mine has been empty for as long as I can remember and just assumed it was normal https://i.imgur.com/vbxWA.png

Are you getting work?
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August 23, 2012, 09:33:23 PM
 #2230


It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!
Any proof to that?  Roll Eyes

On another note, does anyone else's Income Shares & Reject graph actually work?
Mine has been empty for as long as I can remember and just assumed it was normal https://i.imgur.com/vbxWA.png

Are you using chrome?

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August 23, 2012, 09:41:28 PM
 #2231

Are you using chrome?
Firefox 14.0.1, Haven't tried it on chrome tbh.
Are you getting work?
As of now yes public work is being submitted though I've never actually seen those graphs with data in them.
I'm wondering if its just a bug with my worker as it's a very old account and I've always used the same worker, I'll make a new one to test.

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August 23, 2012, 11:18:46 PM
 #2232

It appears so and it also appears that he is using GPU Max coins to start to pay back his investors!
Any proof to that?  Roll Eyes
nope, people just like to make shit up...  Roll Eyes

In this case, it's actually easy to confirm that Shadow383 is correct - it's GPUMAX. I should really have googled the address myself:

The following address is managed by GPUMAX.

  • 1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfV

Sorry it wasn't more interesting. Sad

-pirate
It looks like coins are coming back !
Apparently using freshly-generated coins too in some cases, e.g. this payment http://blockchain.info/tx-index/16885882/c2d0742df8df67c0507fd270b3c262f8a0118ba3a9b91357c83a04d952d0a32d - very interesting.

Edit: not just freshly-generated coins that weren't mined by any pool that blockchain.info is aware of, but ones that were mined with a very unusual 47.5 BTC / 2.5 BTC split in the coinbase payout, which means custom software.

Edit 2: and yep, that entire payment comes from coinbase transactions paid to http://blockchain.info/address/1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfV - which represents 5+% percent of the total Bitcoin hashpower right now at a quick estimate. I have a bad feeling about this.

For me it looks like he bought this coins directly from a large miner, which makes sense to me.
It's GPUMAX.
There was a thread about this some time ago, when GPUMAX hashing power was being directed to a private pool, with 47.5BTC going to some other address for every block.
At the time, Pirate said that this private pool would be "part of the business model" of GPUMAX.


If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA

It is being worked on by smart people.  -DamienBlack
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August 24, 2012, 12:42:42 AM
 #2233

So, anyone getting scammed? GPUMAX safe to use? Are you guys getting paid for your work?

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August 24, 2012, 12:49:04 AM
 #2234

So, anyone getting scammed? GPUMAX safe to use? Are you guys getting paid for your work?

Other than this little bit here which they are correcting;  I've not seen any reports of miners not receiving their earnings from GPUMAX.
From IRC:

Quote
<@zux0r> due to stats not being calculated for 6 hours last night (6PMish - midnight) the payments for that day are missing about 6 hours of leased work
<@zux0r> tonight at midnight it will take your current balance and subtract how much you've been paid so far, so it should include what was missed
<@zux0r> also, the hourly graphs should be accurate as to what was earned during those 6 hours
<@zux0r> now that stats have caught up and filled in the gaps

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA

It is being worked on by smart people.  -DamienBlack
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August 24, 2012, 01:25:13 AM
 #2235

So, anyone getting scammed? GPUMAX safe to use? Are you guys getting paid for your work?

I've been getting paid almost every day for leased work over the last couple months. All and all, it runs quite well. Keep up to date in IRC #gpumax as it's much faster then the forums.
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August 24, 2012, 06:14:49 AM
 #2236

How do I know my rate at slush so I can set my gpumax price properly?

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August 24, 2012, 06:18:18 AM
 #2237

So, anyone getting scammed? GPUMAX safe to use? Are you guys getting paid for your work?
Yeah, I'm not sure why anyone would be using a pirate-owned service this week.

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
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August 24, 2012, 06:18:48 AM
 #2238

pirate week

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August 24, 2012, 07:57:40 AM
 #2239

So, anyone getting scammed? GPUMAX safe to use? Are you guys getting paid for your work?

I've been getting paid almost every day for leased work over the last couple months. All and all, it runs quite well. Keep up to date in IRC #gpumax as it's much faster then the forums.

Let's get it straight, pirate pays every 2-3 days, not every day, but he does pay =)

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August 24, 2012, 10:46:50 AM
 #2240

Thank You pirate for letting me in. Sure the wait time was around 4 months but I'm now in the business of business and business is booming.
Just got setup today so no clue on payouts but The business model seems sound enough.

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