jamesg
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Activity: 1358
Merit: 1000
AKA: gigavps
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January 25, 2012, 11:29:29 PM |
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According to BTCGuild, the current PPS rate is 0.0000363. On gpumax, the current price to buy per share is 0.0000572. Using 20,000 shares, that would cost me 1.144BTC. In return, I would only get 0.726BTC from BTCGuild. Why would anyone wants to do that? I can see a reason to buy if the price to buy is quoted in USD. But if I am paying in BTC, and receiving in BTC, what am I to gain from this?
Don't do it if you don't get it. Others are and are profiting.....
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chungenhung
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Activity: 1134
Merit: 1005
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January 25, 2012, 11:31:40 PM |
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would the masters care to explain?
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pirateat40 (OP)
Avast Ye!
Sr. Member
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Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 25, 2012, 11:32:36 PM |
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would the masters care to explain?
I don't want to spoil the fun.
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pirateat40 (OP)
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 26, 2012, 02:59:25 AM |
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Update It's that time again for another update. We are finishing up this last batch of purchases and will suspend them from starting until we have the update completed. We always hope that nothing goes wrong from our staging server to production but if something happens it won't be for long.
Thanks,
We are about to start back up shortly.
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cande
Member
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Activity: 107
Merit: 10
https://bt.cx
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January 26, 2012, 11:32:51 AM |
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Interesting concept. Kinda of a meta pool. I wouldnt mind connecting one mining rig to kick the tires.
I would also, Enjoy, Kicking the tires, Hell, If i could just toss 1ghash overthere, Correct me if im wrong, But whats BASICALLY going to happen is that: "ladeeda mine mine mine" "hey buddy i see your GPU is up for rent, Can i rent it for xyz?" "Sure" "Ladeeda Now public mining" My question, Is where is my Original hash power going to be directed to, Do i just Aim at deepbit TRHOUGH GPUMAX, and therefore whenever im Not being rented GPUMAX will tell my miners to go back to deepbit? Im alittle confused as to how im going to recieve extra amounts by renting out my hashpower, Errr. Guy rents gpu.. For the PPshare performance cost... Wich gets sent to me.. Annnd thennn.. My running GPU.... Mines for him? at the PPshare price being sent to me? Breakdown please? yes, this is how greed works - give your recource to the highest payer. no matter it's use. I'm not saying this service is greedy, but it makes it much more clear when it is.
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cande
Member
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Activity: 107
Merit: 10
https://bt.cx
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January 26, 2012, 12:06:40 PM |
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yes, this is how greed works - give your recource to the highest payer. no matter it's use. I'm not saying this service is greedy, but it makes it much more clear when it is.
Free market capitalism at work. I see nothing wrong with this... Everyone is consenting adults here right? Yeah moving on... I did not claim that something is wrong here, just making it clear for people what the effect of giving your power away is. Just like banking, wallstreet, and so on, they are not greedy, it's you and me who are greedy, who will give them our money for some extra juice.
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chungenhung
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Activity: 1134
Merit: 1005
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January 26, 2012, 03:52:45 PM Last edit: January 26, 2012, 04:04:08 PM by chungenhung |
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It says my worker is connected, but it is not hashing. I checked on my machine, all it says is phornix r111 starting..... and 0 hashes. I am using command line, NOT using mining management software like cgminer or things like that.
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BinaryMage
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January 26, 2012, 04:34:24 PM |
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It says my worker is connected, but it is not hashing. I checked on my machine, all it says is phornix r111 starting..... and 0 hashes. I am using command line, NOT using mining management software like cgminer or things like that.
Have you set up a pool yet?
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chungenhung
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Activity: 1134
Merit: 1005
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January 26, 2012, 05:09:16 PM |
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It says my worker is connected, but it is not hashing. I checked on my machine, all it says is phornix r111 starting..... and 0 hashes. I am using command line, NOT using mining management software like cgminer or things like that.
Have you set up a pool yet? yes i have set up a pool, and the worker is pointed to use that pool on the site.
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fulepp
Full Member
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Activity: 256
Merit: 100
Risk-hedging platform for cryptocurrency investors
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January 26, 2012, 06:10:06 PM |
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How can i get paid when my workers did some public work?
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pirateat40 (OP)
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 26, 2012, 06:10:58 PM |
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How can i get paid when my workers did some public work?
Payments are manually processed right now, but that is coming in the next update.
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fulepp
Full Member
Offline
Activity: 256
Merit: 100
Risk-hedging platform for cryptocurrency investors
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January 26, 2012, 06:32:38 PM |
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OK, thanks for the quick response! How can i get paid when my workers did some public work?
Payments are manually processed right now, but that is coming in the next update.
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dirtycat
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January 26, 2012, 09:34:00 PM |
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any idea when the next set of invites go out? i got a pocket full of bitcoins and im eager to try this out
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poop!
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pirateat40 (OP)
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 26, 2012, 09:40:12 PM |
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any idea when the next set of invites go out? i got a pocket full of bitcoins and im eager to try this out We invite over 50 people a day to the system. We are trying
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rjk
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Activity: 448
Merit: 250
1ngldh
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January 26, 2012, 09:40:59 PM |
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any idea when the next set of invites go out? i got a pocket full of bitcoins and im eager to try this out We invite over 50 people a day to the system. We are trying To all the haters, this is proof that this business model is working
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siggy
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January 26, 2012, 11:11:47 PM |
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Just got my invite .. YEAH !!!
a question: when viewing miners that are active, there is a little graph thingy for each miner that keeps updating... do those bars actually mean anything, or are they just eye candy?
thanks, Sigg
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pirateat40 (OP)
Avast Ye!
Sr. Member
Offline
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 26, 2012, 11:15:54 PM |
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Just got my invite .. YEAH !!!
a question: when viewing miners that are active, there is a little graph thingy for each miner that keeps updating... do those bars actually mean anything, or are they just eye candy?
thanks, Sigg
They show the number of shares for each time period of each bar. They are really just eye candy for now. More fun charts and stats are coming.
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Starlightbreaker
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Activity: 1764
Merit: 1006
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January 27, 2012, 12:24:55 AM |
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holy shit.
it's better than i expected. i'm being picky, i like the dashboard if it's showing all the work and shares, with details. I can safely assume it will be on the public release? too bad i can't direct it to my hopping machine.
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jamesg
VIP
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Activity: 1358
Merit: 1000
AKA: gigavps
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January 27, 2012, 12:27:51 AM |
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