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Author Topic: Gigamining / Teramining  (Read 201629 times)
smaynard
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June 07, 2013, 12:02:30 AM
 #2341

It just did not work out as planned.

+1
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1481305451
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jamesg
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June 07, 2013, 08:17:12 PM
 #2342

gigavps, people who upgraded, like me, are being affected. Before upgrading I was receiving ~0.02BTC, after that I received even less than 0.001BTC this is a shame. I can't understand why you let us to take a path if you know that we are going to lose more and more. I hope you have an explanation for this.

Hi John,

I am doing everything within my power to get more equipment up and running. I have hosting contracts ready to go with the new power requirements and more space being built out specifically for us.

Sit tight and get ready for takeoff.

Best,
James

P.S. If any Gigaminers / Teraminers have any questions or concerns, please email me at james@gigamining.com and I will make sure your questions are answered in a timely manner and to your satisfaction.
herzmeister
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June 07, 2013, 09:26:50 PM
 #2343

Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
qxzn
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June 08, 2013, 03:03:59 AM
 #2344

Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?
EskimoBob
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June 08, 2013, 08:19:49 AM
 #2345

The price has not changed because the opportunity costs have not changed.

https://en.wikipedia.org/wiki/Opportunity_cost

It's great that there is lively debate about the price, but it is not changing for the paid upgrade.

There is also a free upgrade offered for those who do not like their other options.

If you want to stick with Gigamining, you are more than welcome to do so.

Are you saying that there is a way out of this "deal" of yours?

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
Naelr
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June 09, 2013, 01:30:47 AM
 #2346

Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.

Join me in hosted mining.  And always use 2 Factor Auth whenever possible.
CEX.IO hosting mining
jamesg
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June 09, 2013, 01:33:34 AM
 #2347

Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.

Upgrades have been disabled until more equipment arrives. I will email Gigaminers when it is open again.

Best,
James
burger
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June 09, 2013, 07:58:14 AM
 #2348

Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.

Upgrades have been disabled until more equipment arrives. I will email Gigaminers when it is open again.

Best,
James

Thanx for the info, I was just thinking of asking the same.

wizer
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June 10, 2013, 03:46:02 PM
 #2349

I filed my claim 2 weeks ago and have received no confirmation of receipt or any response at all?
Also no response to  a PM on here

When can I expect claim to be processed?
jamesg
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June 10, 2013, 03:48:15 PM
 #2350

I filed my claim 2 weeks ago and have received no confirmation of receipt or any response at all?
Also no response to  a PM on here

When can I expect claim to be processed?

Hi wizer,

Sorry if I missed your PM. I'll look though them now to get it answered.

Best,
James
mb300sd
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June 12, 2013, 04:17:37 PM
 #2351

Have you received my PM and claim? I filed one as soon as I found out that the process is closing. It should have been announced by email or in another thread, rather than in the middle of a 120+ page one.

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
mrdavis
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June 14, 2013, 02:38:50 AM
 #2352

Have you received my PM and claim? I filed one as soon as I found out that the process is closing. It should have been announced by email or in another thread, rather than in the middle of a 120+ page one.

https://bitcointalk.org/index.php?topic=127437.msg1553637#msg1553637
jamesg
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June 17, 2013, 01:07:44 PM
 #2353

Teraminers:

Bad week for mining last week. Sad

Revenues were 40% of expected due to multiple long rounds exceeding the 95% confidence interval. I've seen weeks with no revenue and weeks with 150%+ of expected so this is not completely out of the norm. Mining will always tend to 100% even with the difficulty rising although the diff rising creates more variance.

If any Teraminers would like access to the semi-private pool we use to track our results, please email me at [james at gigamining dot com] and I'll set you up with a pool account.

Best,
James
jamesg
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June 18, 2013, 11:47:47 PM
 #2354

A little treat for Teraminers: https://bitcointalk.org/index.php?topic=237710.0  Grin
BurtW
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June 19, 2013, 12:18:27 AM
 #2355

A little treat for Teraminers: https://bitcointalk.org/index.php?topic=237710.0  Grin
Thanks for the update!

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
SysRun
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June 19, 2013, 12:37:45 AM
 #2356

are they xlinked or connected through a usb hub? Also, controlled by Nexus7 or PC?

EDIT: Oh and of course, how many watts are you burning through? did the lights dim and the walls creak when you powered it up? Cheesy

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boonies4u
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June 19, 2013, 12:53:38 AM
 #2357

A little treat for Teraminers: https://bitcointalk.org/index.php?topic=237710.0  Grin

I think that's a treat for everyone.
jamesg
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June 19, 2013, 03:20:47 AM
 #2358

are they xlinked or connected through a usb hub? Also, controlled by Nexus7 or PC?

We are running on USB while some final issues are worked out with xlink. Xlink will be used though.

EDIT: Oh and of course, how many watts are you burning through? did the lights dim and the walls creak when you powered it up? Cheesy

We'll have the tools tomorrow to test power usage. The walls are still intact though. Wink

VPS is now running over 800Gh/s with more arriving soon. Our pool has also grown substantially today. Grin
DonChate
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June 19, 2013, 03:31:34 AM
 #2359

looking forward to the opening of TM upgrade now that the hardware is here!
jamesg
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June 19, 2013, 01:12:36 PM
 #2360

VPS is now running over 800Gh/s with more arriving soon. Our pool has also grown substantially today. Grin

Now that I am less delirious from lack of sleep, we are actually at 850Gh/s. I will keep posting as more equipment arrives.

looking forward to the opening of TM upgrade now that the hardware is here!

Teramining will be reopened when I can cover current the full hashrate of current Teraminers. This is just the beginning as we have 20 more 500Gh/s units to receive.
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