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GoWest
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April 28, 2014, 01:38:36 PM |
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Nice payout today! Thanks again and keep up the fantastic work.
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Whoever mines the block which ends up containing your transaction will get its fee.
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johnlu
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April 28, 2014, 04:47:29 PM |
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It finally seems that it started to worth it. I'd like to recover at least what I invested.
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TiuraZ
Member
 Offline
Activity: 101
Merit: 10
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April 28, 2014, 08:23:33 PM |
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Now that you are paying back Gigamining contracts, will you finally tell us what you are going to do with those contracts that have not been claimed?
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 02, 2014, 07:05:37 PM |
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Nice payout today! Thanks again and keep up the fantastic work.
Glad to be of service. Teramining ran at at whopping 150.11% of PPS for last week due to us being able to make up for lost mining time. For the month of April, we ran at 114.43% of PPS. Looking ahead, still not much word on the 64Th in pre-orders. We will be installing another 32Th/s of equipment next week and replacing some older and less useful equipment for a total net gain of about 27Th/s. This new equipment should help us keep us with 1 diff change.... such is the life of a miner these days. |
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 05, 2014, 02:16:31 PM |
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Teramining ran at 80.92% last week due to some outages of miners and bad luck at the pool. Tracking numbers have been received for our next 32Th deployment and some of our team is flying out to the location to install the equipment tomorrow morning.  |
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 09, 2014, 01:21:38 AM
Last edit: May 09, 2014, 01:41:31 AM by gigavps |
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I'm happy to report another 32Th is up and running replacing 5.7Th of older BFL 65nm equipment.
Teramining is now at ~79Th/s.
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 12, 2014, 02:13:49 PM |
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Teramining ran at 77.32% of PPS last week due to some mining funds not hitting the wallet within last weeks time window. Next week should have a sizable bump up.
For the diff period 8,000,872,136, we ran at 95.7% of PPS.
Looking ahead, we'll keep mining at this rate for a little while to see what happens with the network. Diff changes are definitely slowing down so it is looking like a longer term play is starting to become more feasible and less risky.
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 19, 2014, 02:34:07 PM |
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Teramining ran at 117.32% of PPS last week.
Small catastrophe happened over the weekend that caused 103Th to go down early Saturday morning. We quickly found the issue and were back to full speed by Sunday and 1pm.
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1130
All paid signature campaigns should be banned.
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May 19, 2014, 04:12:49 PM |
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Teramining ran at 117.32% of PPS last week.
Small catastrophe happened over the weekend that caused 103Th to go down early Saturday morning. We quickly found the issue and were back to full speed by Sunday and 1pm.
That is a much quicker turn around than localbitcions on their hardware issues. Thanks! |
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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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 26, 2014, 12:15:04 PM |
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All Teramining business will be dealt with tomorrow due to the American holiday today.
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 27, 2014, 04:01:07 PM |
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Teramining ran at 100.60% of PPS last week.
For the difficulty period 8,853,416,309, we ran at 101.54%.
All of our Antminer S2 equipment is Kansas has been retrofitted with hashing boards that do not lose speed over time. This is great news as we'll be doing the same to the 200Th operation so that it runs at 200Th. This is also good for purchasing and receiving more equipment in the near future.
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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May 27, 2014, 04:11:45 PM |
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The teramining contract officially starts tomorrow August 26th, 2013 and will run through May 26th, 2014. This term is guaranteed even if the equipment costs more to run than it is making for Teraminers.
Yesterday we reached the 9 month mark for Teramining which means that the contractual obligations have been met. However, Teramining will continue due to the unprecedented increase in global hash rate and recent investments into more mining gear. |
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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June 02, 2014, 03:51:20 PM |
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Teramining ran at 100.84% of PPS last week.
For the month of May 2014 we ran at 96.25%.
Work has started to stabilize the 200Th mine with fixes provided from Bitmain. We should see a net 20Th increase once we are completed.
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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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June 09, 2014, 06:54:23 PM |
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Teramining ran at 105.69% of PPS last week.
For the difficulty period 10,455,720,138 we ran at 104.87%.
We have completed the work to stablize all Bitmain S2 units and have been at our expected hash rate since Thursday.
Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1130
All paid signature campaigns should be banned.
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June 09, 2014, 08:33:47 PM |
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Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.
Yowza! |
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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jamesg (OP)
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
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June 16, 2014, 02:05:04 PM |
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Teramining ran at 93.70% of PPS last week. Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.
Seems demand for Bitmain's discontinued Antminer S1 is large enough that I've decided to liquidate our S1 miners to make room for more power efficient equipment to come in the near future. This means that our total hash rate will be dropping over the coming weeks, up to 102Th, but it also means that we will have DC space 100% ready to accept new equipment. |
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tuanvie
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June 16, 2014, 04:22:47 PM |
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This seems good, I will study it first before trying to join
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BurtW
Legendary
Offline
Activity: 2646
Merit: 1130
All paid signature campaigns should be banned.
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June 16, 2014, 04:33:19 PM |
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This seems good, I will study it first before trying to join
Sorry, it is closed and you cannot join. |
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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Otoh
Donator
Legendary
Offline
Activity: 3024
Merit: 1105
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June 16, 2014, 10:26:07 PM |
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This seems good, I will study it first before trying to join
Sorry, it is closed and you cannot join.  |
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Cuslado
Newbie
Offline
Activity: 56
Merit: 0
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June 17, 2014, 04:19:34 PM |
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There are multiple threads about mining "perpetual mining bonds" aka "turds", so I am not going in to details here. Wink
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