[796.com] RedStarMining.com - the oldest public mining security [15.0(TH/s)]

[ft73]

And we're mining    On Slushes for now.

It was about time  
How about speed ? 60 GH/s confirmed?

EDIT: and about time for putting up some news on btct isn't it?

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[matthewh3]

And we're mining    On Slushes for now.

It was about time  
How about speed ? 60 GH/s confirmed?

EDIT: and about time for putting up some news on btct isn't it?

How can we post live stats for Slushes?  Hashrate is slowly claiming from 0 while its currently at 5127(MH/s) and rising.

[matthewh3]

And we're mining    On Slushes for now.

It was about time  
How about speed ? 60 GH/s confirmed?

EDIT: and about time for putting up some news on btct isn't it?

How can we post live stats for Slushes?  Hashrate is slowly claiming from 0 while its currently at 5127(MH/s) and rising.

Just gone to 49(GH/s).

[matthewh3]

And we're mining    On Slushes for now.

It was about time  
How about speed ? 60 GH/s confirmed?

EDIT: and about time for putting up some news on btct isn't it?

How can we post live stats for Slushes?  Hashrate is slowly claiming from 0 while its currently at 5127(MH/s) and rising.

Just gone to 49(GH/s).

65970.698(MH/s)

[matthewh3]

And we're mining    On Slushes for now.

It was about time  
How about speed ? 60 GH/s confirmed?

EDIT: and about time for putting up some news on btct isn't it?

How can we post live stats for Slushes?  Hashrate is slowly claiming from 0 while its currently at 5127(MH/s) and rising.

Just gone to 49(GH/s).

65970.698(MH/s)

After we've done ten rounds I'll put up our average hashrate which is currently saying 57(GH/s)

[dtown]

What are the pay dates on the other BFL Singles on pre-order?

The first single up and running is probably worth a news blast

[matthewh3]

What are the pay dates on the other BFL Singles on pre-order?

The first single up and running is probably worth a news blast

30th of August and the 25th of September 2012.

[matthewh3]

What are the pay dates on the other BFL Singles on pre-order?

The first single up and running is probably worth a news blast

30th of August and the 25th of September 2012.

If they don't speed up there production we can expect our second in late October and our third in late November.  While our first KNC Jupiter is due in September and our second in October.

[matthewh3]

What are the pay dates on the other BFL Singles on pre-order?

The first single up and running is probably worth a news blast

30th of August and the 25th of September 2012.

If they don't speed up there production we can expect our second in late October and our third in late November.  While our first KNC Jupiter is due in September and our second in October.

It does look like production is speeding up.  So I guess we could see our second SC in the middle of September and the third SC in early October hopefully.  No news or any signs of delays from KNC (yet).  So hopefully we can be at 560(GH/s) by the end of September and the full 980(GH/s) by the end of October.  I'll keep saving up the $14K for the 2(TH/s)@28nm from CoinTerra unless KNC drop the prices by more than 50%.  Or difficulty rises so much it'd take too long to save that up.  Then we will get another $7K KNC Jupiter 400(GH/s)@28nm device.  Once we have $7K in the reinvestment fund if it looks like it'll take over two months to get the remaining $7K for a CoinTerra we'll just buy another KNC Jupiter if it can shipped as soon as we pay.

[oxideNL]

Question, i have an pyramining account.
Can my account deposited amount + Pending rewards be transfered into shares on BTC-TC ?
And my pyra-account to be closed.

I'll lose my bonus on the referral program but ok

[matthewh3]

Question, i have an pyramining account.
Can my account deposited amount + Pending rewards be transfered into shares on BTC-TC ?
And my pyra-account to be closed.

Sorry no as there's isn't a way to transfer your Pyramining payout address to us.  Also the calculation to work out a fair rate wouldn't be easy.

[Evolvex]

Awesome news, finally were hashing and back in the game so to speak.

Well done for all the work thus far!

[matthewh3]

The average hashrate over the last ten rounds is 58379(MH/s).  As of yesterday BFL were shipping July 22nd 2012 Singles while our next pre-order was made on August 30th 2012.  So I'm still expecting that device to start hashing in mid September before the first dividend.  KNC have still not given a release date other than September yet but they still haven't given any news or signs of any potential delays yet either.

[matthewh3]

Awesome news, finally were hashing and back in the game so to speak.

Well done for all the work thus far!

Thanks dude and good work on our spreadsheet.  

The first batch of 40,000 shares will not be issued until after there first payout from there rewards from there hashing.  Payouts are set at BTC1.00 this doesn't mean that they have to earn the full BTC1.00.  As we'll try to keep everything in the same pool.  The same will happen on the second batch of 40,000 shares.  This should be no more than after twelve hours of hashing on them.  I just thought I'd clarify this on the exact time of the issues.  It will happen after that quoted time and before the following dividend.

[matthewh3]

We just been invoiced for a $75 installation fee.  I've sent a total of BTC1.60 to the RSM wallet now to pay that and the monthly hosting fee that RSM owes me. We also need $95 for the next months hosting too soon.  Our first bitcoin on our first ASIC should clear soon.

[matthewh3]

The RSM wallet has received its first mined bitcoin from our new ASIC - https://blockchain.info/tx/7d980e59498cc5560dc8e452f39f264396505c069bf11ac7116f938f5f85c484 - with another BTC0.24 unconfirmed at the pool.

[chalbersma]

The RSM wallet has received its first mined bitcoin from our new ASIC - https://blockchain.info/tx/7d980e59498cc5560dc8e452f39f264396505c069bf11ac7116f938f5f85c484 - with another BTC0.24 unconfirmed at the pool.

 

[matthewh3]

http://www.coindesk.com/kncminer-cuts-price-saturn-jupiter-bitcoin-mining-rigs/

KNC have dropped the price of there 400(GH/s)@28nm Jupiter to $4,995 for delivery in mid November.  They said all current pre-orders will be delivered by October the 15th.  While I presume our day one pre-order for delivery in September still stands.  Once we have both Jupiters hashing we'll have to decide on whether to save $15,000 for the 2(TH/s)@28nm CoinTerra device for delivery in December or January IIRC.  Or just order more 400(GH/s)@28nm KNC Jupiters at $5,000 for delivery in mid November.  Six weeks at an extra 400(GH/s) may pay off if we can save $5,000 by November.  Then possibly after we have three Jupiter's to start saving for the CoinTerra device if KNC don't drop there prices further.  Which they may do after flooding the market.

[matthewh3]

The RSM wallet has received its first mined bitcoin from our new ASIC - https://blockchain.info/tx/7d980e59498cc5560dc8e452f39f264396505c069bf11ac7116f938f5f85c484 - with another BTC0.24 unconfirmed at the pool.

The RSM wallet has received its second mined bitcoin from the new ASIC - https://blockchain.info/tx/935592fb214a57f106fb6df36be0f9b0676415941f9ba222a55aab23d4b81392

I can now take the BTC1.60 that RSM owes me.

[glendall]

Good stuff, keep up the good work Matthew.

Let's hope KNC is a bit more on-time than BFL and we are all set