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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 311409 times)
btharper
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March 25, 2013, 03:15:22 PM
 #1041

You can close an account pyraming and receive the funds invested?

don't think so. You just have to wait for it to be complete.
DadoSovr is correct, there is no way to cash out early. There are sometimes people willing to buy your remaining pyramining deposits, but I don't know what the effective fee on this is. This wouldn't be a service of pyramining (though he will need to help changing the payout address of the account) but of a third party.
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1503324841
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adamluc
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March 25, 2013, 07:25:18 PM
 #1042

the fact that you cannot cash out early is an inhibitor for pyramining to gain what it really could in its market. There should be a service that allows users to trade in btc for pyramining power at below the market rate. It would be worth it to pyramining in general (they would profit from the differential) and help create more demand for pyramining itself.
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March 25, 2013, 07:45:34 PM
 #1043

The service exist.

The Rock has an agreement with Pyraming to review possible switching requests.

We analyze the account, make an offer and, if accepted, we do request the switch.

However, at the present time, due to the high BTC fluctuation, we run out of BTC for this project.  As soon as we will have new resources available we will post the information.

As an alternative, we do have a fund which invested in Pyramining and gives 1% fixed monthly return.  Being a tradable fund listed on our platform, you can get in or out as you wish at market prices.

You can find it at: https://www.therocktrading.com/en/offers/BFRF

Some additional info at: https://www.therocktrading.com/en/funds/info?id=BFRF

Thank you!

eliale
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March 25, 2013, 07:47:48 PM
 #1044

There should be a service that allows users to trade in btc for pyramining power at below the market rate. It would be worth it to pyramining in general (they would profit from the differential) and help create more demand for pyramining itself.

This could be a good idea! 

We will evaluate it....

thank you


pyromaniac
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March 28, 2013, 03:33:57 PM
 #1045

50 month is too long for me. Can you assemble ASICs faster to people can get their money faster?

Nikolaj06
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March 28, 2013, 04:01:27 PM
 #1046

50 month is too long for me. Can you assemble ASICs faster to people can get their money faster?

He did say earlier that the ASICs would be deployed mid-April and estimated that within a two-month period all existing account would finish, is that fast enough for ya?

But just to confirm, that those dates still applicable? <3
pyramining
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March 29, 2013, 09:53:13 AM
 #1047

50 months are required with CURRENT hardware, when ASICs will be deployed it will shorten a lot! The time required to complete the accounts will depend on the difficulty by that time, however it may be as short as 2 months.

As I told you before, by mid april I'll have a prototype running, for full deployment expect mid/end of may.
socrates
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March 29, 2013, 04:42:07 PM
 #1048

50 months are required with CURRENT hardware, when ASICs will be deployed it will shorten a lot! The time required to complete the accounts will depend on the difficulty by that time, however it may be as short as 2 months.

As I told you before, by mid april I'll have a prototype running, for full deployment expect mid/end of may.

50 months is more than four years!

How much can one expect to make on average?

ricciolone
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March 29, 2013, 09:53:42 PM
 #1049

Hi I'm one of the people that make a deposit in asic mode during the promotion!

But the prospective was to start asic on January... so... do you Think  is possible a kind of compensation?

A bonus for the long waiting Smiley

tk for your job
pyramining
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March 29, 2013, 10:56:45 PM
 #1050

How much can one expect to make on average?

The time required to complete the accounts will depend on the difficulty by that time, however it may be as short as 2 months.
pyramining
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March 29, 2013, 10:59:37 PM
 #1051

Hi I'm one of the people that make a deposit in asic mode during the promotion!
But the prospective was to start asic on January... so... do you Think  is possible a kind of compensation?
A bonus for the long waiting Smiley

Since there are only ~4TH/s available at first, and since ~3TH/s are already allocated (2TH/s under promotion, which imply that I will put 1TH/s under their accounts), one compensation could be that you will be sure to get ASIC hashing power! ;-)

I also need to solve the problem of limited amount of available hashing power. If when I deploy ASICs, there will be too much demand, it would become a problem. There is still ~1TH/s of margin. I will think about this in the next days.
nuhash
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March 30, 2013, 09:56:23 AM
 #1052

How often will the infrastructure be upgraded after the introduction of asics? I imagine demand will increase and so there will be more capital available so I am assuming that over the next year we should be seeing several upgrades allowing for very large increases in hashing power. Although, that all depends on the restrictions on producing more asics.
ricciolone
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March 30, 2013, 11:20:57 AM
 #1053

Hi I'm one of the people that make a deposit in asic mode during the promotion!
But the prospective was to start asic on January... so... do you Think  is possible a kind of compensation?
A bonus for the long waiting Smiley

Since there are only ~4TH/s available at first, and since ~3TH/s are already allocated (2TH/s under promotion, which imply that I will put 1TH/s under their accounts), one compensation could be that you will be sure to get ASIC hashing power! ;-)

I also need to solve the problem of limited amount of available hashing power. If when I deploy ASICs, there will be too much demand, it would become a problem. There is still ~1TH/s of margin. I will think about this in the next days.

well i suggest the possibility to chose a second round for sure !

iff i have invested 100 btc and i have to receive 110 using for first asic power, you can set a choose to automatically have a second round 110 + 11  out of the normal queue and you give back directly 121 btc!

Just for the people that have shared the risk with yours project!
PassiTheApe
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March 30, 2013, 03:16:26 PM
 #1054

3 days ago I just for fun sent 0.1 BTC tp this site and I have an equivalent hashing power of 1 MH/s, meaning 1 BTC would be 10 MH/s, right?

Thats almost nothing^^ I don´t think it´s useful to use this pyraming, or am I missing something?

15oK8nTR7UhycbEhVK7GydVhJd518tLqrP
nuhash
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March 30, 2013, 03:20:02 PM
 #1055

3 days ago I just for fun sent 0.1 BTC tp this site and I have an equivalent hashing power of 1 MH/s, meaning 1 BTC would be 10 MH/s, right?

Thats almost nothing^^ I don´t think it´s useful to use this pyraming, or am I missing something?
The idea is to either chain multiple accounts so that you get a ridiculous return on one account and 10% on the others or get tonnes of referrals
seot
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March 30, 2013, 04:52:35 PM
 #1056

3 days ago I just for fun sent 0.1 BTC tp this site and I have an equivalent hashing power of 1 MH/s, meaning 1 BTC would be 10 MH/s, right?

Thats almost nothing^^ I don´t think it´s useful to use this pyraming, or am I missing something?
The idea is to either chain multiple accounts so that you get a ridiculous return on one account and 10% on the others or get tonnes of referrals

Not really, the basic return is 10% (the basic bonus) That return gets higher but that depends on what your referrals deposit. I believe that hashing power will be increased with the implementation of ASIC. My first account has a 1203,5% bonus, I deposited there 0.10077 BTC, I have only 5 active referrals, my pending reward is now 0.28286735 BTC, and I have a 17% completion  (http://www.pyramining.com/account/browse?id=hytdpe9f  )  I do not consider that unuseful Perhaps time is a bit long now, but, I expect that will change in May Wink
btharper
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March 31, 2013, 04:12:58 AM
 #1057

Hi I'm one of the people that make a deposit in asic mode during the promotion!
But the prospective was to start asic on January... so... do you Think  is possible a kind of compensation?
A bonus for the long waiting Smiley

Since there are only ~4TH/s available at first, and since ~3TH/s are already allocated (2TH/s under promotion, which imply that I will put 1TH/s under their accounts), one compensation could be that you will be sure to get ASIC hashing power! ;-)

I also need to solve the problem of limited amount of available hashing power. If when I deploy ASICs, there will be too much demand, it would become a problem. There is still ~1TH/s of margin. I will think about this in the next days.
I imagine moving the people taking advantage of the bonus wouldn't mind getting first dibs, but given the planned allotment (FIFO) that may not be easiest thing to switch to outright, just sending out the 1 TH/s bonus at first might work better short term.

Although everything changes depending on how much equipment you get in the first large ASIC run (ignoring the prototype). Any guesses as to what the first full-scale run will net in terms of speed?

Edit: Completely misunderstood this, my bad
seleme
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April 01, 2013, 10:55:57 PM
 #1058

Can someone please explain it shortly how much can I make and in what time frame if I invest 1 BTC today.

PS. never mind, got it


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lenny_
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April 01, 2013, 11:24:58 PM
 #1059

Current infrastructure:   10.47 MH/BTC
Really? This is a joke.
ROI over 4 years.

DARKNET MARKETS >> https://DARKNETMARKETS.COM
refaelsh
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April 02, 2013, 06:53:07 AM
 #1060

Please look at this screenshot:
https://picasaweb.google.com/lh/photo/OmV_K8tcYdNPFNG1vkj7U2J840XWcqK61UAcNz6KifM?feat=directlink
This is a screenshot of My account.
I deposited - just for the hack of it - 10uBTC, just to see what happens.
Several strange thing:
1. Current bonus: 99510.0% - Huge number!!!
2. Average bonus: 48500.0% - Huge number!!!
3. Completion: 0.2% - How it can be 0.2%? It should be around 99.9% percent because Pending rewards is almost 10uBTC!!!

What am I missing here?

Pyramine using this: http://pyramining.com/referral/742ctzqxf
If You liked My post, please doante here: 1PhKfcoFJbgfPcCPYih1RtWJWdYkmE2p4K
or here: LdYoTfzx8piWdrJdgufnpGKfvH1xSzjT1w
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