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Author Topic: Gigamining / Teramining  (Read 201719 times)
jamesg
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September 30, 2012, 09:21:41 PM
 #941

OK after Teramining is in full swing ... will Teramining bonds then be traded or does one still have to buy gigamining and do upgrade to get more teramining?   And if someone doesn't do giga to tera upgrade will those bonds still receive their payouts at current rates, Because it sounds like to keep doing bond trading giga will have to remain in effect.

Naelr

Once Teramining is released, they will be able to be traded. My main point with the upgrade is two fold:

  • To give Gigaminers priority in the upgrade so that they can set the price to what they like as Teramining will not have an implicitly set price.
  • To not flood the market with more bonds. Nothing is certain in life, but I do not plan to issue anymore Teramining bonds once the upgrade is complete.

Hope that helps clarify my intentions.

Best,
gigavps
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jamesg
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October 01, 2012, 10:47:19 AM
 #942

To all Gigaminers:

Coupon payments for the week have been paid.

Enjoy,
gigavps
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October 01, 2012, 11:41:26 AM
 #943

To all Gigaminers:

Coupon payments for the week have been paid.

Enjoy,
gigavps

Thanx for a great service!

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October 01, 2012, 11:47:39 AM
 #944

Thanx for a great service!

Hi burger,

You are quite welcome.

Best,
gigavps
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October 01, 2012, 12:49:22 PM
 #945

To all Gigaminers:

If you want to receive full payments between the time you trade in Gigamining and receive Teramining, please make sure that you Gigamining holdings are in a multiple of 9.

This will allow for a seamless transition through the entire process of upgrading and will allow you to turn in all of your Gigamining bonds at once without issue. This will also keep from me having an accounting nightmare on my hands. Smiley

Best,
gigavps
Is this still true then?  Do you still want my Gigamining holdings to be a multiple of 9?

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!
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October 01, 2012, 01:35:33 PM
 #946

Is this still true then?  Do you still want my Gigamining holdings to be a multiple of 9?

Multiples of 9 are still needed to upgrade early without creating more work for either party.
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October 01, 2012, 02:13:15 PM
 #947

Is this still true then?  Do you still want my Gigamining holdings to be a multiple of 9?

Multiples of 9 are still needed to upgrade early without creating more work for either party.

So, in case I have 10 holdings, the best option would be to set 9 to be upgraded early by paid mode and then wait for a second later stage and upgrade the remaining holding. Am I right?

Donations: 1JohnLujsKQfwG9GMGv2RNvLrZCZZRYarw
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October 01, 2012, 02:20:16 PM
 #948

So, in case I have 10 holdings, the best option would be to set 9 to be upgraded early by paid mode and then wait for a second later stage and upgrade the remaining holding. Am I right?

I would like to only do upgrades once where I need to communicate with Gigaminers. In your situation, I would recommend that you wait until the equipment arrives. I was hoping to be able to:

  • Do the early upgrade with multiples of 9 while holding back the remaining units until the equipment arrives.
  • Send out remaining units when the equipment arrives.
  • Upgrade the others who i recommended wait.

I would like to be able to do some early and some later so that I don't have 300 people coming at me at once.
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October 02, 2012, 11:49:09 AM
 #949

To all Gigaminers:

Per the #gpumax channel on freenode, it looks like gpumax has been sold and will shut down on Oct. 8th.

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<pirateat40> GPUMAX will be down on 10/08 at 12:00 AM CST.  The system may or may not come back up depending on the new owners.

Gigamining is not longer passing hashing power through gpumax and we will wait and see what the new owners have to say about running the service.

Gigamining is currently running on three pools:

  • bitminter.com
  • eclipsemc.com
  • coinlab.com

Best,
gigavps
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October 03, 2012, 11:50:31 AM
 #950

To all Gigaminers:

Per the #gpumax channel on freenode, it looks like gpumax has been sold and will shut down on Oct. 8th.

Quote
<pirateat40> GPUMAX will be down on 10/08 at 12:00 AM CST.  The system may or may not come back up depending on the new owners.

Gigamining is not longer passing hashing power through gpumax and we will wait and see what the new owners have to say about running the service.

Gigamining is currently running on three pools:

  • bitminter.com
  • eclipsemc.com
  • coinlab.com

Best,
gigavps


Are those pools working good for Gigamining? any less/more stales than GPUMAX?

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October 03, 2012, 02:01:59 PM
 #951

Are those pools working good for Gigamining? any less/more stales than GPUMAX?

Gigamining was using GPUMAX has a "proxy" where when GPUMAX wasn't selling the shares to purchasers, they were passed on to these pools. GPUMAX worked really well as a proxy and used the proper technologies to make passing shares back and forth as fast as possible.
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October 04, 2012, 01:26:31 AM
 #952

Are those pools working good for Gigamining? any less/more stales than GPUMAX?

Gigamining was using GPUMAX has a "proxy" where when GPUMAX wasn't selling the shares to purchasers, they were passed on to these pools. GPUMAX worked really well as a proxy and used the proper technologies to make passing shares back and forth as fast as possible.

It is in the interests of your bondholders that you create FPGAMAX and ASICMAX to maximize returns.
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October 04, 2012, 03:48:53 PM
 #953

To all Gigaminers:

It seems that glbse.com has been taken down for the time being. I would rather not speculate on what is going on with the site, so I will wait until Saturday to get the official word from Nefario.

The site does say that there has not been a security breaches so all of the coins held in glbse.com for Monday's coupon payments should be safe.

Best,
gigavps
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October 04, 2012, 05:25:09 PM
 #954

I've just made a full screenshot of my Portfolio page.. just in case. Hopes that I won't need it  Undecided

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October 04, 2012, 05:29:32 PM
 #955

I've just made a full screenshot of my Portfolio page.. just in case. Hopes that I won't need it  Undecided
How did you do that.  Or did you do it before the site was taken down?

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!
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October 04, 2012, 06:13:33 PM
 #956

I've just made a full screenshot of my Portfolio page.. just in case. Hopes that I won't need it  Undecided
How did you do that.  Or did you do it before the site was taken down?

Probably the page was already open?
jamesg
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October 04, 2012, 07:01:40 PM
 #957

Out of curiosity, what's the contingency plan if GLBSE gets taken
down by the government of whatever backwater they hail from ?

Hi znort987,

I am going to wait until we hear from Nefario on Saturday before deciding a course of action.

Best,
gigavps
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October 04, 2012, 07:36:31 PM
 #958

I've just made a full screenshot of my Portfolio page.. just in case. Hopes that I won't need it  Undecided
How did you do that.  Or did you do it before the site was taken down?

Probably the page was already open?

The site was open at markets, just went back and it was there - cached, only the two imgs are not loading if u didnt closed the browser you can try the BACK button.

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October 04, 2012, 11:29:21 PM
 #959

Now this huh? Time to start a transparency in bitcoin business network.

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jamesg
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October 04, 2012, 11:39:49 PM
 #960

Now this huh? Time to start a transparency in bitcoin business network.

Hi SysRun,

Are speaking about glbse and nafario, or is this comment about gigamining?

Thanks,
gigavps
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