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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 297120 times)
platti
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July 09, 2013, 07:50:45 PM
 #1441

with a miner ROI of 200 days,  and a payout delay from 10 days , we all lose 5% of the mined bitcoins

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platti
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July 10, 2013, 09:30:01 AM
 #1442

the abc-pool does not plan to use stratum-protocol. that means a lot of useless network-traffic

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July 11, 2013, 08:21:19 AM
 #1443

is pyraming still minig? there are no payouts for more then  10 days

no payouts since 12 days

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July 11, 2013, 08:45:31 AM
 #1444

is pyraming still minig? there are no payouts for more then  10 days

no payouts since 12 days

The rewards completely stopped. My accounts say that the last transactions were on June 29.
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July 11, 2013, 09:11:26 AM
 #1445

250 Gh/s generating  5 BTC per day.
150 GH/s FPGA Power generating 3 BTC per day

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July 11, 2013, 10:24:04 AM
 #1446

My completion also jumped from 93 months to 120...

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Raoul Duke
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July 11, 2013, 10:44:30 AM
 #1447

250 Gh/s generating  5 BTC per day.
150 GH/s FPGA Power generating 3 BTC per day

And how much does it cost to run those 250 GH/s?

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July 11, 2013, 11:00:31 AM
 #1448


 

And how much does it cost to run those 250 GH/s?

maybe 10 BTC, nobody knows ;-)

I have 2 Gh/s (asics). they produce 0,04 BTC per day and they cost 0,004 BTC per day electricity. Most time I am mining terracoins, so I have 25% more BTC after exchange, but TRC price is fallen

pyramining
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July 11, 2013, 03:09:36 PM
 #1449

why do you use this ugly abc-pool? you have 30% miningpower of this poll, so you can do solomining as well.
why dont you use a pool, which pays often a day?

As soon as all ASIC-related things are sorted out, I will improove mining aspects (better pools or solo mining, probably I will choose the latter).
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July 11, 2013, 03:14:37 PM
 #1450

Update:

as I said before, there were some stability issues with the new software, so in the last two days not all expected bitcoins have been mined. Last night (spent asleep, programming) has been resolutive, now the software looks stable, and rewards should start to come as expected.

For impatient people: you don't know how huge is the quantity of work I am putting in... connecting 1 miner is one thing, connecting and managing hundreds of units is totally another kind of work, expecially when you have to design everything from scratch. Before the end of the week I should also receive more hardware, so more accounts will be enabled.
Raoul Duke
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July 11, 2013, 08:07:18 PM
 #1451

Update:

as I said before, there were some stability issues with the new software, so in the last two days not all expected bitcoins have been mined. Last night (spent asleep, programming) has been resolutive, now the software looks stable, and rewards should start to come as expected.

For impatient people: you don't know how huge is the quantity of work I am putting in... connecting 1 miner is one thing, connecting and managing hundreds of units is totally another kind of work, expecially when you have to design everything from scratch. Before the end of the week I should also receive more hardware, so more accounts will be enabled.


That doesn't say anything about why there have been no rewards whatsoever since June 29.
You wrote 2 paragraphs and said diddly-squat. You are starting to sound a lot like pirateat40. Roll Eyes

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July 11, 2013, 08:22:17 PM
 #1452

That doesn't say anything about why there have been no rewards whatsoever since June 29.
You wrote 2 paragraphs and said diddly-squat. You are starting to sound a lot like pirateat40. Roll Eyes

Please, don't mention him! :-)

Due to difficulty increase, and running costs, old hardware is mining with a very little margin, so most of the mined coins went into paying infrastructure. However with ASICs, costs will be spread on new hardware too, so it's still profitable to run them.
Raoul Duke
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July 11, 2013, 08:37:46 PM
 #1453

That doesn't say anything about why there have been no rewards whatsoever since June 29.
You wrote 2 paragraphs and said diddly-squat. You are starting to sound a lot like pirateat40. Roll Eyes

Please, don't mention him! :-)

Due to difficulty increase, and running costs, old hardware is mining with a very little margin, so most of the mined coins went into paying infrastructure. However with ASICs, costs will be spread on new hardware too, so it's still profitable to run them.

That was something I could understand. Thank you.

pyramining
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July 11, 2013, 09:49:08 PM
 #1454

Update on plans:

Before the end of July I will be able to deploy ~600GH/s more.
Before the end of August there will be at least 3TH/s more.
pyramining
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July 11, 2013, 09:53:45 PM
 #1455

To thank everyone for their patience during the long wait, I will try to make an account with 50% deposit under the account of everyone who is in queue, even for those who deposited after the promotion was expired. I should have enough resources to cover all deposits.
miffman
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July 12, 2013, 03:01:23 PM
 #1456

awesome  Smiley well done for making it this far!














 

 

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soylent green
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July 13, 2013, 05:57:17 PM
 #1457

Update on plans:

Before the end of July I will be able to deploy ~600GH/s more.
Before the end of August there will be at least 3TH/s more.

have been investing with you (and advertising for you) since January- pretty excited to see my accounts come online. thanks for all your hard work.  Smiley

http://bitpay.com/ - increasing the utility and value of Bitcoin every day.
pyromaniac
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July 14, 2013, 09:13:42 AM
 #1458

That sounds just great, but when we will get next payment? Let me remind you, the last payment was June 29.

pyramining
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July 14, 2013, 11:01:05 AM
 #1459

That sounds just great, but when we will get next payment? Let me remind you, the last payment was June 29.

I suppose that around Monday payouts will start to arrive again. These days have been a bit "messy" because the old infrastructure alone was not anymore efficient enough and the new software was not very stable.

Today I am completing the installation of the available new infrastructure (in the past few days it was still a "prototype installation"), and keep adding units when the assembly house delivers.

I am also changing pools to optimize revenues and preparing all the software for solo-mining.
pyra-proxy
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July 14, 2013, 04:37:29 PM
 #1460

That sounds just great, but when we will get next payment? Let me remind you, the last payment was June 29.

I suppose that around Monday payouts will start to arrive again. These days have been a bit "messy" because the old infrastructure alone was not anymore efficient enough and the new software was not very stable.

Today I am completing the installation of the available new infrastructure (in the past few days it was still a "prototype installation"), and keep adding units when the assembly house delivers.

I am also changing pools to optimize revenues and preparing all the software for solo-mining.

Couple thoughts come to mind...  If the old infrastructure is not profitable could you consider removing it from service after the planned roll out of asic mining in July?  This way it will not be dragging down general profitability and you could salvage parts/sell parts to others to get a little added income for the service?

Secondly,  I highly recommend using bitparking for your pool mining and up until you get some ample mining running stable at least.  The DGM algo will reduce pool variance and bitparking is a smaller ish pool so you'll be helping them while also not being too small to see no benefit for yourself as well.  You could even take merge mined coins if you claim them, and sell them periodically to btc for release to the accounts for a little added pyramining revenue and speeding along the time for accounts to get ROI + 10% + bonus

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