Bitcoin Forum
December 09, 2016, 07:40:26 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: ...
. - 0 (0%)
.. - 0 (0%)
Total Voters: 0

Pages: « 1 ... 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 [106] 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 »
  Print  
Author Topic: Gigamining / Teramining  (Read 201637 times)
Audriux9
Member
**
Offline Offline

Activity: 72



View Profile WWW
March 28, 2013, 12:02:24 AM
 #2101

He'll accept them as attached PDF files of the scanned docs, no need to send hard copies unless requested I believe, my claim went through without np.

But what is the point for an appostile? You could easily "photoshop" stamp to make it look real.

Anyway I think I missed the announcement that it is enough to send scanned copy  Undecided

We cannot solve problems by using the same kind of thinking we used when we created them.
1481312426
Hero Member
*
Offline Offline

Posts: 1481312426

View Profile Personal Message (Offline)

Ignore
1481312426
Reply with quote  #2

1481312426
Report to moderator
1481312426
Hero Member
*
Offline Offline

Posts: 1481312426

View Profile Personal Message (Offline)

Ignore
1481312426
Reply with quote  #2

1481312426
Report to moderator
1481312426
Hero Member
*
Offline Offline

Posts: 1481312426

View Profile Personal Message (Offline)

Ignore
1481312426
Reply with quote  #2

1481312426
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481312426
Hero Member
*
Offline Offline

Posts: 1481312426

View Profile Personal Message (Offline)

Ignore
1481312426
Reply with quote  #2

1481312426
Report to moderator
Audriux9
Member
**
Offline Offline

Activity: 72



View Profile WWW
March 28, 2013, 12:03:16 AM
 #2102


I do


Please then do not hesitate and enlighten me with your understanding Wink

We cannot solve problems by using the same kind of thinking we used when we created them.
deeplink
Hero Member
*****
Offline Offline

Activity: 602


In cryptography we trust


View Profile
March 28, 2013, 12:12:03 AM
 #2103


I do


Please then do not hesitate and enlighten me with your understanding Wink

I think he means people go way to easy on scammers here. I know you can't do much if the majority plays along. But in a healthy world this thread would be flooded with annoyed customers. I mean at least a post per customer per day until this is fixed. The scammer would be exposed wherever he tried to do business. Unfair behavior would not be tolerated and nobody would stop until it is fixed.
Audriux9
Member
**
Offline Offline

Activity: 72



View Profile WWW
March 28, 2013, 12:42:14 AM
 #2104

I think he means people go way to easy on scammers here. I know you can't do much if the majority plays along. But in a healthy world this thread would be flooded with annoyed customers. I mean at least a post per customer per day until this is fixed. The scammer would be exposed wherever he tried to do business. Unfair behavior would not be tolerated and nobody would stop until it is fixed.

I don't think you or Justin00 is wrong. However many things depend on different points of view. I would correct your statement a bit to make my assumption. Majority (>50%) of shareholders claimed shares back. In other words it is widely adopted principle of Democracy. According to that principle if the majority is satisfied with the situation, it creates further direction for the business. And people who did not claim shares back are the minority.

It does not matter if this thread is healthy or not, but there are always annoyed customers in any kind of business activity, in most cases there are two sides of the trade: buyer and seller, and in most cases both cannot win in a short term.

P.S. I do not have strict position if Gigavps decisions are fair or unfair, I do not have enough reputation or even competence to judge that. I did my own due diligence and evaluated my own risks. The outcome was very much positive: to spend one hundred Euro in order to get back couple of thousands Euro in BTC value (expected value of Teramining is not included) and be exposed to identity theft, alternative time cost or whatever risk I am/will be facing. Nevertheless, I would think for smaller shareholders due diligence could show completely different outcome.

We cannot solve problems by using the same kind of thinking we used when we created them.
nadrimajstor
Jr. Member
*
Offline Offline

Activity: 30



View Profile
March 28, 2013, 01:42:17 AM
 #2105

To be fair, to put a a scammer label on somebody you need to have intention as a starting point.
In the case of gigamining I don't see clear intention.
However, James did change the rules and I'll have to wait before I made my final judgment about him.  Undecided
deeplink
Hero Member
*****
Offline Offline

Activity: 602


In cryptography we trust


View Profile
March 28, 2013, 02:18:07 AM
 #2106

To be fair, to put a a scammer label on somebody you need to have intention as a starting point.
In the case of gigamining I don't see clear intention.
However, James did change the rules and I'll have to wait before I made my final judgment about him.  Undecided

No, lots of people without the initial intention to scam now have scammer tags. It's just that at some point they fuck up or it becomes so lucrative to scam others they can no longer help themselves.
Otoh
Donator
Legendary
*
Online Online

Activity: 1918



View Profile
March 29, 2013, 11:14:35 AM
 #2107

BFL - March 28th Update from Twitter feed - All together for readability.

I had planned on updating everyone with a video of a board hashing here in KC tonight, but I haven't been able to get that together yet, so I'm probably going to have to push it off until tomorrow. We are targeting a start of shipment next week, but I'm not quite ready to commit to that at the moment giving our past estimates. It's imminent, though.

We may miss our power targets, that's been part of the hold up. we think there's a problem with the power consumption and we're trying to figure out where it's having an issue. However, in the interests of time, we are going to be shipping what we have and going back and fixing while we are shipping.

The power is still far less than any other unit, so it's not like it's somethign crazy or anything, but it's not 1w/GH and we're trying to locate the source of the power drain.

The rest of the 6 wafers, we have been holding off on the last 5 layers for the rest of the chips to be sure we don't need to make a tweak in the metal layer due to the power issue. I think we've pretty much settled that the power issue is NOT in the chip.

If the cooling becomes an issue, like I said we'd scale it back and ship multiple units.

Worst case is 195w, but the power systems aren't rated to handle that, so we'd back off the hashrate before we'd let it get that high.

We will ship the purchased hashrate regardless of what it ends up costing us.


Source: http://www.reddit.com/r/Bitcoin/comments/1b8621/bfl_update_maybe_a_video_tomorrow_shipping/ hat tips to milone & astrobleem on r/Bitcoin

See some interesting comments, like:

...which is a nice perk for those very early pre-orders. Plug in your own power supply and get two for the price of one if you don't mind monkeying around with it on your own.

... they're going to underclock the fully populated boards for the SC singles. So, if you were an early pre-order, you have basically two full units ready to go if you want to plug in a bigger power supply and hope you don't burn the boards out too fast.

Edit to add: Estimated next difficulty: 7248349 (+8.3%) in 7 days and 15.2 hours

Edit to add: Butterfly Labs (BFL) Bitforce SC ASIC Test 

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
   CHARITY | MY REP | DICE
johnlu
Sr. Member
****
Offline Offline

Activity: 426



View Profile
March 30, 2013, 06:07:26 PM
 #2108

gigavps,

are you being told when your order is shipped? I'd like to upgrade my shares right before you get BFL stuff on your hands. Also, I'd like you to keep us updated about every new event.

Thanks.

Donations: 1JohnLujsKQfwG9GMGv2RNvLrZCZZRYarw
2GOOD
Hero Member
*****
Offline Offline

Activity: 519


First bits: 12good


View Profile WWW
March 30, 2013, 08:59:49 PM
 #2109

No orders shipped yet, and probably none will be till the end of the week.

Български Биткойн Форум - BitcoinBG.eu
Tips accepted at: 12good4Buys8cvTj6EB4MTGNTSC4w9Swnz
johnlu
Sr. Member
****
Offline Offline

Activity: 426



View Profile
March 31, 2013, 11:41:59 PM
 #2110

gigavps,

are you being told when your order is shipped? I'd like to upgrade my shares right before you get BFL stuff on your hands. Also, I'd like you to keep us updated about every new event.

Thanks.
No orders shipped yet, and probably none will be till the end of the week.

Thanks 2GOOD, but it's supposed to be gigavps who answers those questions I made.

I think people who claimed and are waiting for teramining upgrade should know when he receives BFL machines. I'm upgrading right before he receives them, I can't do this if he doesn't give us this information.

Donations: 1JohnLujsKQfwG9GMGv2RNvLrZCZZRYarw
Otoh
Donator
Legendary
*
Online Online

Activity: 1918



View Profile
April 01, 2013, 10:37:28 AM
 #2111

https://forums.butterflylabs.com/blogs/luke-jr/118-my-first-asics.html Cool

Announcement - ASIC mining processor by Butterfly Labs, thread Undecided

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized, and responsive. I have many dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc      DASH, Digital Cash = www.dash.org   
   CHARITY | MY REP | DICE
Lucidize
Member
**
Offline Offline

Activity: 61


View Profile WWW
April 01, 2013, 12:08:35 PM
 #2112

gigavps,

are you being told when your order is shipped? I'd like to upgrade my shares right before you get BFL stuff on your hands. Also, I'd like you to keep us updated about every new event.

Thanks.

I would also like to do it this way. For me it's the sensible thing to do.

vrtrasura
Member
**
Offline Offline

Activity: 62


...


View Profile
April 02, 2013, 04:14:21 PM
 #2113

I would be happy with selling my rights to my claim, but it was expressly stated that would be not be honored by Giga.  I wouldn't be complaining if there was any other solution offered, but everything suggested has been expressly shut down already.  This is me compromising: I understand that BTC has gone up in price since we bought, I understand our funds were most likely converted to USD to buy hardware.  That's why I personally would be fine with taking a USD equivalent of my investment rather than the actual BTC as a refund.  I think James has been pretty clear that going through the claim is the only thing he will accept.  I expect a reply to this with a "make a claim you will get paid" post.

I will be publishing a few things in the next couple of weeks that will demonstrate both what has happened to date, my thoughts on the situation and how we will move forward. I have wanted to give time for the claims process to work, which has happened, and I will be giving more suggestions for the way forward.

Not a single day goes by that I do not think about the past months and the heartache that it has caused those who cannot or have not claimed. It is my top priority to make sure gigamining and teramining remain intact so that plans can be made for a day when the regulatory environment is better understood.

Please bear with me as this is the busiest time in my businesses short history.

Best,
James

It's been a month.  No update from James.  So James, what is the plan?  Where is the published plan of how to move forward and the claims stats? 
toffoo
Sr. Member
****
Offline Offline

Activity: 392



View Profile
April 02, 2013, 04:23:27 PM
 #2114

It's been a month.  No update from James.

He must be busy ... not installing his new BFL ASIC rigs.

jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
April 02, 2013, 04:56:47 PM
 #2115

It's been a month.  No update from James.  So James, what is the plan?  Where is the published plan of how to move forward and the claims stats? 

I did make an update a little while ago.

As of Monday, 4,520.44880453 BTC have been claimed and paid to Gigaminers. This includes 1,191 individual weekly payments made over 29 transactions through the Bitcoin network.

Since more claims come in every day, I am continuing to waiting to release more stats. Doesn't make much sense to release number that continue to change every week.

With the recent rise in BTC prices, more claims are coming in. Claims had slowed somewhat when I originally posted about releasing the stats but this is no longer the case.

I'm hesitant to post facts/stats that are changing every week.

I've also been busy tightening up the mining pool I've built and grappling with the new power requirements for BFL ASIC devices.

vrtrasura
Member
**
Offline Offline

Activity: 62


...


View Profile
April 02, 2013, 05:12:46 PM
 #2116

Apologies I missed that update.  That said, those stats don't show much about the unclaimed at all.  I got the impression from your post a month ago you would think about compromises or alternate options. 
jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
April 02, 2013, 05:20:04 PM
 #2117

Apologies I missed that update.  That said, those stats don't show much about the unclaimed at all.  I got the impression from your post a month ago you would think about compromises or alternate options. 

There are no alternate options for receiving back payments or upgrading to Teramining at this time. However, in thinking about how to handle things once the claims process is done, I want to be as transparent as possible, hence the full release of the stats surrounding claims / payments and what will happen after that time has come.

We are two months from that time, so unless claims slow down again, I will wait until then to post the final results.
vrtrasura
Member
**
Offline Offline

Activity: 62


...


View Profile
April 02, 2013, 06:00:22 PM
 #2118

Question: how do you justify denying a refund?
ashitaka
Jr. Member
*
Offline Offline

Activity: 31



View Profile
April 02, 2013, 10:53:21 PM
 #2119

Has anybody sold his shares to another user privately with success? I have 85 shares and want to do it, I really don't want to make that verification process  Sad
randomguy7
Hero Member
*****
Offline Offline

Activity: 528


View Profile
April 02, 2013, 11:01:30 PM
 #2120

Has anybody sold his shares to another user privately with success? I have 85 shares and want to do it, I really don't want to make that verification process  Sad

Wouldn't be very smart to say this in public, would it? Wink
Pages: « 1 ... 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 [106] 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!