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Author Topic: Gigamining / Teramining  (Read 216391 times)
jamesg (OP)
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June 23, 2014, 07:38:39 PM
Last edit: July 07, 2014, 09:43:35 PM by gigavps
 #2581

.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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jamesg (OP)
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July 07, 2014, 09:43:52 PM
 #2582

6/30 - 113.63% of PPS
7/7 - 94.35% of PPS

diff period 13,462,580,115 - 104.36% of PPS

month of June - 103.48% of PPS

Due to the need to serve paid Teramining upgrades, all free upgrades to Teramining will be ended after Monday, June 28th, 2014.

I've gone above and beyond all contract terms including extending the term and increasing the hash rate of Teramining by more than 38 times.

I am open to discussion about this, but any inflammatory posts will cause the thread to be locked as the thread is not self moderated.

Please be civil and I will answer questions to the best of my ability.
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July 07, 2014, 09:48:28 PM
 #2583

Any chance to get invited? or buy someones position?

jamesg (OP)
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July 07, 2014, 09:49:07 PM
 #2584

Any chance to get invited? or buy someones position?

No.
theGECK
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July 08, 2014, 02:16:23 PM
 #2585

6/30 - 113.63% of PPS
7/7 - 94.35% of PPS

diff period 13,462,580,115 - 104.36% of PPS

month of June - 103.48% of PPS

Due to the need to serve paid Teramining upgrades, all free upgrades to Teramining will be ended after Monday, June 28th, 2014.

I've gone above and beyond all contract terms including extending the term and increasing the hash rate of Teramining by more than 38 times.

I am open to discussion about this, but any inflammatory posts will cause the thread to be locked as the thread is not self moderated.

Please be civil and I will answer questions to the best of my ability.

You've been great throughout the entire thing, the problems with...I don't even remember the securities platform's name now! Thank you very much.

Use my referral codes for Bitcoin faucets and I'll send you 30% of my referral bonus - Win/Win! PM for details on all sites available or use one of the links here.

FreeBitco.in | FreeDoge.co.in
jamesg (OP)
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July 08, 2014, 08:46:04 PM
 #2586

An email has gone out to all free upgrades to Teramining detailing the end of the contract and pointing them to this thread.
2GOOD
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July 08, 2014, 10:51:00 PM
Last edit: August 29, 2014, 09:37:55 PM by 2GOOD
 #2587

I have made a promise to those who have stuck by me that Teramining would be profitable in BTC, and it will continue until I have fulfilled that promise. How long is that, I don't know.

Due to the need to serve paid Teramining upgrades, all free upgrades to Teramining will be ended after Monday, June 28th, 2014.

IMO this decision is correct, the paid upgrade was not that profitable at all...

According to my calculations paid upgrade didn't pay for itself only not to count the free path, ATM it's about 59% ROI in other words if you paid 10 BTC for the paid upgrade, you earned a total of ~5.9 BTC until this day. In comparison if you paid 0 BTC for the free upgrade, you earned around 1.57 BTC for the same amount of gigamining shares upgraded.

The next diff raise will not be so dramatic so lets hope that things will settle down for a while and the paid upgrade at least pay for itself and catch the free upgrade path.

P.S.
===
James what do you mean here:
Teramining will remain 24% of whatever VPS runs.

jamesg (OP)
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July 28, 2014, 01:42:47 PM
 #2588

Payments will be delayed due to my daughter arriving on my wedding anniversary. Baby and Mommy are fine, my wife's labor was under two hours, what a rockstar. Shocked

It will probably take me a day or two to get out cold storage as the rest of the team is traveling. Thanks for understanding.

Best,
James
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July 28, 2014, 05:16:05 PM
 #2589

I just noticed the payment hadn't come through yet. I figured you posted a reason, as you have the couple of times it's been delayed in the past. That's a pretty good reason. Congratulations!
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July 28, 2014, 11:49:59 PM
 #2590

Congrats!!

Hey, they do know what causes children nowdays, in case you have enough of them now, you can use Google to find out...

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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July 29, 2014, 12:27:14 AM
 #2591

Nice anniversary present - congratulations.

BTW: BurtW led me to some of that new data. It was scary.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
jamesg (OP)
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July 29, 2014, 07:23:29 PM
 #2592

7/14 - 97.87% of PPS
7/21 - 89.92% of PPS
7/28 - 155.12% of PPS

Diff period 16,818,461,371 - 98.44% of PPS
Diff period 17,336,316,979 - 101.78% of PPS

FREE Teramining contracts have been paid their final payment and the contracts have been ended.

PAID Teramining contracts will continue to receive payouts once we receive more equipment. VPS has liquidated all hashing power until our next set of equipment arrives so there will be no payouts until this equipment arrives and is setup.

Best,
James
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August 28, 2014, 11:00:45 AM
Last edit: September 17, 2014, 12:07:43 PM by anon_aho
 #2593

7/14 - 97.87% of PPS
7/21 - 89.92% of PPS
7/28 - 155.12% of PPS

Diff period 16,818,461,371 - 98.44% of PPS
Diff period 17,336,316,979 - 101.78% of PPS

FREE Teramining contracts have been paid their final payment and the contracts have been ended.

PAID Teramining contracts will continue to receive payouts once we receive more equipment. VPS has liquidated all hashing power until our next set of equipment arrives so there will be no payouts until this equipment arrives and is setup.

Best,
James

How things are going on currently regarding paid Teramining?
Otoh
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October 10, 2014, 01:04:55 AM
 #2594

An update requested from James as mining becomes less of an option, but the funds invested have been profitably traded and investors were at the least guaranteed to get their BTC back, now the USD value has fallen so much then maybe this would be a good time to honor that pledge.

BTC = $c²     My BTC addie = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc 
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CHARITY | MY REP | PREDICTION 1 | PREDICTION 2 | PREDICTION 3
jamesg (OP)
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October 10, 2014, 01:48:40 AM
 #2595

An update requested from James as mining becomes less of an option, but the funds invested have been profitably traded and investors were at the least guaranteed to get their BTC back, now the USD value has fallen so much then maybe this would be a good time to honor that pledge.

Work is in progress to make BTC with the least amount of risk. An update will come via email when more is in place.

Until then, I've locked the thread as any communication will come via email.

If anyone needs to email me, you know how to find me.
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