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Author Topic: Gigamining / Teramining  (Read 216386 times)
jamesg (OP)
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March 25, 2013, 04:51:43 PM
 #2081

Tried to send out payments this morning but it seems blockchain.info changed something with their SSL cert that java clients do not like. I have a support request open with piuk and continue to research the issue.

Needless to say, Monday payments will be delayed until this issue is resolved.

Best,
James

Issue resolved. Back payments for new verified claims and weekly payments have been sent out.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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jamesg (OP)
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March 25, 2013, 04:57:39 PM
 #2082

So, given the fact that Butterfly Labs has not yet delivered, and may not deliver for several more weeks, if not months, could you at least give some consideration to those of us who have converted to a useless contract (Teramining) and pay out the dividends we would have received had we not converted?

I will visit this issue once BFL delivers all of the VPS equipment and I can assess the difference for each person who upgraded early.

I used the best information available to me to determine when to release the upgrade.
GoWest
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March 25, 2013, 05:22:15 PM
 #2083

So, given the fact that Butterfly Labs has not yet delivered, and may not deliver for several more weeks, if not months, could you at least give some consideration to those of us who have converted to a useless contract (Teramining) and pay out the dividends we would have received had we not converted?

I will visit this issue once BFL delivers all of the VPS equipment and I can assess the difference for each person who upgraded early.

I used the best information available to me to determine when to release the upgrade.

Thank you for taking this into consideration.

Lucidize
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March 26, 2013, 07:41:43 PM
 #2084

So, given the fact that Butterfly Labs has not yet delivered, and may not deliver for several more weeks, if not months, could you at least give some consideration to those of us who have converted to a useless contract (Teramining) and pay out the dividends we would have received had we not converted?

I will visit this issue once BFL delivers all of the VPS equipment and I can assess the difference for each person who upgraded early.

I used the best information available to me to determine when to release the upgrade.

I think this is unfair, the people who could not afford the time nor money to claim early will be punished. The people who did the paid upgrade are in an even worse situation.
I haven't upgraded yet, partly because I was late making a claim and by the time I did bitcoin started climbing. For me personally, an extra 29btc upgrade for a mining operation that doesn't yet exist is excessive. I wish I could just sell my shares and have some of my coins returned from the original investment.

Is the upgrade cost still 0.29btc per share?

jamesg (OP)
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March 26, 2013, 08:22:47 PM
 #2085

Is the upgrade cost still 0.29btc per share?

No. It was lowered to .25 per.
xXHannibalXx
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March 26, 2013, 09:08:41 PM
 #2086

Quote
I wish I could just sell my shares and have some of my coins returned from the original investment.
That's my wish too....
If I could just sell all my shares for the half amount of money which i have invested in, i would do...
Naelr
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March 26, 2013, 10:49:53 PM
 #2087

Quote
I wish I could just sell my shares and have some of my coins returned from the original investment.
That's my wish too....
If I could just sell all my shares for the half amount of money which i have invested in, i would do...

If James would allow us I figured out a fair way to be sure all is traded fair and he would be in control of it but there is never any comment on this!  See https://bitcointalk.org/index.php?topic=75802.msg1606524#msg1606524

Naelr

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Lucidize
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March 27, 2013, 12:03:13 PM
 #2088

Quote
I wish I could just sell my shares and have some of my coins returned from the original investment.
That's my wish too....
If I could just sell all my shares for the half amount of money which i have invested in, i would do...

Same

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March 27, 2013, 12:23:30 PM
 #2089

Quote
I wish I could just sell my shares and have some of my coins returned from the original investment.
That's my wish too....
If I could just sell all my shares for the half amount of money which i have invested in, i would do...

Same

Why would he allow us to do that when he can keep them without paying anyone a single satoshi?
jamesg (OP)
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March 27, 2013, 12:44:07 PM
 #2090

Why would he allow us to do that when he can keep them without paying anyone a single satoshi?

Fun fact: 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.
conspirosphere.tk
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March 27, 2013, 12:55:50 PM
 #2091

Fun fact: As of Monday, 4,520.44880453 BTC have been claimed and paid to Gigaminers.

Fun fact: not mine, and until you keep my coins against my will you remain a thieve.
coffeebee
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March 27, 2013, 03:29:09 PM
 #2092

Quote
I wish I could just sell my shares and have some of my coins returned from the original investment.
That's my wish too....
If I could just sell all my shares for the half amount of money which i have invested in, i would do...

Yes, I would even be willing to forgo all the shares if he would at least back pay the dividends. If only in hindsight.... sigh Sad
Audriux9
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March 27, 2013, 05:12:09 PM
 #2093

I would like to share my story as well:

It took me 5 days in total to claim back my Dividends and Shares.

Through Wednesday and Thursday I filled all the documents and got an appostile. Then I sent hard copies through registered mail to Gigavps lawyer and in addition scanned copies of the documents to Gigavps email. On Monday I got full Dividends and the right to upgrade to Teramining when the equipment will be ready.

Total cost was around 120 EUR (100EUR for the documents and 20EUR for the shipping). As you see I am from Europe.

P.S. I could have lowered notarization cost, but I wanted to complete my claim as soon as possible.

We cannot solve problems by using the same kind of thinking we used when we created them.
Otoh
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March 27, 2013, 06:35:49 PM
 #2094

I would like to share my story as well:

It took me 5 days in total to claim back my Dividends and Shares.

Through Wednesday and Thursday I filled all the documents and got an appostile. Then I sent hard copies through registered mail to Gigavps lawyer and in addition scanned copies of the documents to Gigavps email. On Monday I got full Dividends and the right to upgrade to Teramining when the equipment will be ready.

Total cost was around 120 EUR (100EUR for the documents and 20EUR for the shipping). As you see I am from Europe.

P.S. I could have lowered notarization cost, but I wanted to complete my claim as soon as possible.

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.

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc 
Bitstamp Exchange: Referal Code
CHARITY | MY REP | PREDICTION 1 | PREDICTION 2 | PREDICTION 3
johnlu
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March 27, 2013, 08:38:05 PM
 #2095

I would like to share my story as well:

It took me 5 days in total to claim back my Dividends and Shares.

Through Wednesday and Thursday I filled all the documents and got an appostile. Then I sent hard copies through registered mail to Gigavps lawyer and in addition scanned copies of the documents to Gigavps email. On Monday I got full Dividends and the right to upgrade to Teramining when the equipment will be ready.

Total cost was around 120 EUR (100EUR for the documents and 20EUR for the shipping). As you see I am from Europe.

P.S. I could have lowered notarization cost, but I wanted to complete my claim as soon as possible.
I did it all for 30€.
Justin00
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March 27, 2013, 09:12:30 PM
 #2096

can't believe some of you people

like seriously.. no wonder you all get scammed / ripped off so often... you guys just make it so easy for them...
and each time someone takes advantage of you, it just inspires 10x more people to do the same.

The sad thing is I bet most of you are actually Adults (and yip free to do what you like with your $$) but yeah.... its sickening.

occulta
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March 27, 2013, 10:34:11 PM
 #2097

My claim was processed very quickly once submitted, i am awaiting monday for dividends to be paid.

+1 so far!

GPG KeyID: F5A703CC74E46E5D
Audriux9
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March 27, 2013, 11:54:50 PM
 #2098

can't believe some of you people

like seriously.. no wonder you all get scammed / ripped off so often... you guys just make it so easy for them...
and each time someone takes advantage of you, it just inspires 10x more people to do the same.

The sad thing is I bet most of you are actually Adults (and yip free to do what you like with your $$) but yeah.... its sickening.

I do not understand your problem?

We cannot solve problems by using the same kind of thinking we used when we created them.
deeplink
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March 27, 2013, 11:56:56 PM
 #2099

can't believe some of you people

like seriously.. no wonder you all get scammed / ripped off so often... you guys just make it so easy for them...
and each time someone takes advantage of you, it just inspires 10x more people to do the same.

The sad thing is I bet most of you are actually Adults (and yip free to do what you like with your $$) but yeah.... its sickening.

I do not understand your problem?

I do
Audriux9
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March 28, 2013, 12:02:24 AM
 #2100

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.
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