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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 297210 times)
drakahn
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October 31, 2013, 03:09:00 AM
 #1921

Can anyone log in? Its not working for me.

Logged in just fine.

I was using the payout address instead of the deposit address, bah, its been a while. everything is working fine.

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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pyramining
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November 01, 2013, 01:33:23 PM
 #1922

In the last few days I had several meetings and I am currently finalizing a partnership with a 28nm ASIC chip producer (NDA, so I can't reveal much). It will bring us opportunity to add more than 30GH/s per BTC before then end of January. When the agreement will be finalized, all deposits will be kept in queue until the new infrastructure will be deployed.

I am also making some simulations on new account policies that would give incentives in joining, and still contribute to all members.
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November 01, 2013, 01:45:04 PM
 #1923

In the last few days I had several meetings and I am currently finalizing a partnership with a 28nm ASIC chip producer (NDA, so I can't reveal much). It will bring us opportunity to add more than 30GH/s per BTC before then end of January. When the agreement will be finalized, all deposits will be kept in queue until the new infrastructure will be deployed.

I am also making some simulations on new account policies that would give incentives in joining, and still contribute to all members.

Great! Willing to see the improvements!
 
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November 01, 2013, 10:20:33 PM
 #1924

In the last few days I had several meetings and I am currently finalizing a partnership with a 28nm ASIC chip producer (NDA, so I can't reveal much). It will bring us opportunity to add more than 30GH/s per BTC before then end of January. When the agreement will be finalized, all deposits will be kept in queue until the new infrastructure will be deployed.

I am also making some simulations on new account policies that would give incentives in joining, and still contribute to all members.
Cheesy
chriswen
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November 03, 2013, 02:37:45 AM
 #1925

In the last few days I had several meetings and I am currently finalizing a partnership with a 28nm ASIC chip producer (NDA, so I can't reveal much). It will bring us opportunity to add more than 30GH/s per BTC before then end of January. When the agreement will be finalized, all deposits will be kept in queue until the new infrastructure will be deployed.

I am also making some simulations on new account policies that would give incentives in joining, and still contribute to all members.

Awesome!
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November 05, 2013, 09:49:35 PM
 #1926

Difficulty just jumped again:

Break even:   ~ 149 months
Complete reward:   ~ 164 months
Current infrastructure:   267.77 MH/BTC
New infrastructure:   ~ 2857.14 MH/BTC
KillaGTS
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November 06, 2013, 04:46:25 PM
 #1927

i wrote to pyramining 2 personal messages, i need to know if i can change my payout adress, because my wallet got hacked. Haven't received an answer until yet. I got two pyramining accounts and can name the details about them. I have no Problem to verify my person and showing screens of how my wallet was cleaned by a hacker who also cleaned my btc-e account. Please let me know what i can do to get in contact with pyramining to find a solution?

thanks for helping

Killa
miffman
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November 06, 2013, 08:47:44 PM
 #1928

Is there no way I can withdraw? Like at all? The 4 bit cents in there would be useful right now














 

 

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gweedo
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November 06, 2013, 09:11:36 PM
 #1929

Is there no way I can withdraw? Like at all? The 4 bit cents in there would be useful right now

This why you read the FAQ before depositing...

Quote
Rewards are sent in multiplies of 0.1 BTC. If your account is near to be fully rewarded (less than 0.2 BTC left) reward will be sent upon completion in a single transaction.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
pyromaniac
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November 06, 2013, 11:50:51 PM
 #1930

Difficulty just jumped again:

Break even:   ~ 149 months
Complete reward:   ~ 164 months
Current infrastructure:   267.77 MH/BTC
New infrastructure:   ~ 2857.14 MH/BTC
And it will rise again and again. At this moment it looks pretty bad. Possibly we will never see our investments.

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November 07, 2013, 12:28:26 AM
 #1931

i wrote to pyramining 2 personal messages, i need to know if i can change my payout adress, because my wallet got hacked. Haven't received an answer until yet. I got two pyramining accounts and can name the details about them. I have no Problem to verify my person and showing screens of how my wallet was cleaned by a hacker who also cleaned my btc-e account. Please let me know what i can do to get in contact with pyramining to find a solution?

thanks for helping

Killa

I am in the same boat. I've been waiting over a month for a reply from Pyramining. He posted a few days ago that he was backed up and would get to every message, eventually.

Patience is paramount, I suppose.

Art

BTC: 1Mhdwbd88ZvVsuQezdCgiSXGs3CbAs3tAP
symbot
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November 07, 2013, 10:08:01 AM
 #1932

Difficulty just jumped again:

Break even:   ~ 149 months
Complete reward:   ~ 164 months
Current infrastructure:   267.77 MH/BTC
New infrastructure:   ~ 2857.14 MH/BTC
And it will rise again and again. At this moment it looks pretty bad. Possibly we will never see our investments.

I agree, and I have even mentally started to discount the value of my Pyramining investment to zero.  It is sad, because I fully believe that pyramining himself has done everything he could to make this venture a success.

Perhaps this article is cause for little bit of optimism?  It makes a lot of sense to me... 

http://codinginmysleep.com/is-asic-mining-unprofitable-depends/

Pyramining has stated that he still has some cards play in the form of new investments that he is willing to make for the benefit of all account holders.  The question is, when will difficulty plateau? Will it fall after it reaches a peak as high-cost miners quit mining?  Will Pyramining be a low-enough-cost miner to remain profitable and get over the peak?  And, how long will 1st generation ASICs be the dominant technology?
ninjaboon
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November 07, 2013, 10:45:15 AM
 #1933

Just wondering if OP can move the mining from BTC to PPC?

platti
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November 07, 2013, 12:03:25 PM
 #1934

can pyraming mine on ghash.io? 0% fee and 50 payouts per day

rdyoung
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November 07, 2013, 06:07:10 PM
 #1935

Pyramining has already posted that the current hardware will remain profitable until the network reached 12petahashes, approximately 3x the current hashrate.

He also posted to let us know that he inked a deal with a 28nm asic producer that will bring 30ghs/btc online by end of Jan. Hopefully with bitcoin skyrocketing that # will go up.

Giant
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November 08, 2013, 03:16:45 PM
 #1936

I will update as soon as I will have any news.
Thank you for your updates. It's good to know you're working hard on it Smiley
dyingdreams
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November 09, 2013, 06:25:31 PM
 #1937

I vote for the payout threshold to be lowered to .01 BTC

mprep
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November 09, 2013, 06:28:59 PM
 #1938

I vote for the payout threshold to be lowered to .01 BTC
Yeah, then you could experiment with lower amounts and try out the system before putting any substantial amount in it.


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dyingdreams
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November 09, 2013, 06:33:05 PM
 #1939

I vote for the payout threshold to be lowered to .01 BTC
Yeah, then you could experiment with lower amounts and try out the system before putting any substantial amount in it.

Or at least .05

BTC prices are ~3x higher than what they were when the payout threshold was lowered to .1

rdyoung
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November 09, 2013, 06:49:05 PM
 #1940

I vote for the payout threshold to be lowered to .01 BTC
Yeah, then you could experiment with lower amounts and try out the system before putting any substantial amount in it.

Or at least .05

BTC prices are ~3x higher than what they were when the payout threshold was lowered to .1

I am with the drop to .05, but .01 would cause way too much blockchain spam, something we need to consider for the future of bitcoin.

Unless he could implement a way for us to choose our min payout threshold, I dont see this as a security risk because the accounts are locked.
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