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platti
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January 06, 2014, 11:36:07 AM |
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Coins per 24h at these conditions 1.7460 BTC
Revenue per day more than 1700 $ (MtGox-price)
i dont believe that pyramining has electricy costs of 1700 $ /day
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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rdyoung
Legendary
 Offline
Activity: 994
Merit: 1000
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January 06, 2014, 12:43:34 PM
Last edit: January 06, 2014, 02:20:39 PM by rdyoung |
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Coins per 24h at these conditions 1.7460 BTC
Revenue per day more than 1700 $ (MtGox-price)
i dont believe that pyramining has electricy costs of 1700 $ /day
On the face, true, from a post by pyramining current gen asic runs 2.5w/1.6gh. I can't find a cost for pyramining kwh, but at .15c its about 30usd/day to run the asics, however he is likely still running the fpgas which are magnitudes less efficient. When he brought on the current gen of asics they were earning us 35btc/day now its 1.7btc. We have also discussed to death the way the mining hardware/income is split between deposits. EDIT: Another thought... Its entirely possible that he hasn't split the entire 4.8ths with deposits. Only 2.2ths or so was actually queued up before installation. Its plausible to me that he has some if not all of that remaining hardware mining for reinvestment purposes, Minus of course the deposits that have come in since then. |
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ricciolone
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January 07, 2014, 08:05:30 AM |
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I hope he turns off fpga  , and it is remunerate to run current asic infrastructure more then 12phs line, because it depends on the btc price !! there is some news about the timing of new infrastructure comes? Someone now talk about 20nm chips lol so do we arrive late again? |
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eliale
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January 07, 2014, 08:24:45 AM |
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I hope he turns off fpga , and it is remunerate to run current asic infrastructure more then 12phs line, because it depends on the btc price !! I was there last month and FPGA were down. |
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rdyoung
Legendary
Offline
Activity: 994
Merit: 1000
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January 07, 2014, 05:01:20 PM
Last edit: January 07, 2014, 07:07:05 PM by rdyoung |
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I hope he turns off fpga , and it is remunerate to run current asic infrastructure more then 12phs line, because it depends on the btc price !! there is some news about the timing of new infrastructure comes? Someone now talk about 20nm chips lol so do we arrive late again? 28nm will be competitive for some time. While 20/22nm is being worked on, its not ready for mass production, so it will be quite awhile before we start seeing those added to the network. Last time he designed his own asic, this time he has contracted with an asic producer, so we should be good this time around. He should have a steady supply of chips to keep us with, if not ahead of difficulty. |
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inaltoasinistra
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January 08, 2014, 10:23:21 AM |
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Yesterday I received 2 payment of 0.01XBT on my output address, of course on pyramining there is only 1 payout transaction. Is it a bug? I'll send the source addresses to Pyramining in order to check if they are belong to him.
Anyone saw something like that on your own accounts?
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inaltoasinistra
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January 08, 2014, 10:49:18 AM |
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28nm will be competitive for some time. While 20/22nm is being worked on, its not ready for mass production, so it will be quite awhile before we start seeing those added to the network.
Last time he designed his own asic, this time he has contracted with an asic producer, so we should be good this time around.
He should have a steady supply of chips to keep us with, if not ahead of difficulty.
22mn is the technology that companies like Intel are using now. So, we should expect that miners will follow the level of Intel technology? Or build miner is different from build CPU? |
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pyra-proxy
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January 08, 2014, 03:32:07 PM |
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Yesterday I received 2 payment of 0.01XBT on my output address, of course on pyramining there is only 1 payout transaction. Is it a bug? I'll send the source addresses to Pyramining in order to check if they are belong to him.
Anyone saw something like that on your own accounts?
I got an odd payment which has "-1" confirmations the last time I looked but didn't look at the details further I was going to give it some time to hopefully correct itself. |
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rdyoung
Legendary
Offline
Activity: 994
Merit: 1000
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January 08, 2014, 04:35:17 PM |
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Yesterday I received 2 payment of 0.01XBT on my output address, of course on pyramining there is only 1 payout transaction. Is it a bug? I'll send the source addresses to Pyramining in order to check if they are belong to him.
Anyone saw something like that on your own accounts?
He may have the system recording them as one even though they come from multiple addresses. Why not match the time stamp of the payout in your wallet to the stamp on pyramining? That will tell you its from there. Its highly unlikely someone would randomly send you .02xbt |
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Tittiez
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January 09, 2014, 04:08:18 AM |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
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Badonkadonk
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January 09, 2014, 06:32:47 AM |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
at ~1000 usd pr coin thats 9 usd pr ghs. nothing to go "whoa" over  |
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inaltoasinistra
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January 09, 2014, 10:30:31 AM |
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He may have the system recording them as one even though they come from multiple addresses.
Why not match the time stamp of the payout in your wallet to the stamp on pyramining? That will tell you its from there. Its highly unlikely someone would randomly send you .02xbt
One payout matchs and I can't figure out who sent me the others .01XBT. I used that address only on Pyramining and considering the value I can only think to it |
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Tittiez
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January 09, 2014, 10:53:34 AM |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
at ~1000 usd pr coin thats 9 usd pr ghs. nothing to go "whoa" over It is when you put multiple BTC into pyramining back in 2012 :~) |
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rigel
Legendary
Offline
Activity: 1240
Merit: 1001
Thank God I'm an atheist
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January 09, 2014, 12:58:21 PM |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
at ~1000 usd pr coin thats 9 usd pr ghs. nothing to go "whoa" over It is when you put multiple BTC into pyramining back in 2012 :~) New infrastructure is additional hashing power added by new investments. Overall hashing power per BTC will be way lower. |
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rdyoung
Legendary
Offline
Activity: 994
Merit: 1000
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January 09, 2014, 01:36:27 PM
Last edit: January 09, 2014, 02:39:08 PM by rdyoung |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
at ~1000 usd pr coin thats 9 usd pr ghs. nothing to go "whoa" over Its kinda a woah. @1000/xbt cointerra is at 3$/ghs. So its not that bad of a price. Cex is still trading at 40$ or so. Look on eBay/amazon you will pay hundreds per ghs if your dumb enough to do so. I have no doubt that his cost will drop even more as he buys more hardware from them. |
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rdyoung
Legendary
Offline
Activity: 994
Merit: 1000
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January 09, 2014, 01:38:51 PM |
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New infrastructure:~110.7GH/s/BTC
Whoa, seriously?
at ~1000 usd pr coin thats 9 usd pr ghs. nothing to go "whoa" over It is when you put multiple BTC into pyramining back in 2012 :~) New infrastructure is additional hashing power added by new investments. Overall hashing power per BTC will be way lower. It will be until we finally pay off the FPGA investors. when that happens it will swing back in our direction with a vengeance. |
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rdyoung
Legendary
Offline
Activity: 994
Merit: 1000
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January 09, 2014, 07:56:56 PM |
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28nm will be competitive for some time. While 20/22nm is being worked on, its not ready for mass production, so it will be quite awhile before we start seeing those added to the network.
Last time he designed his own asic, this time he has contracted with an asic producer, so we should be good this time around.
He should have a steady supply of chips to keep us with, if not ahead of difficulty.
22mn is the technology that companies like Intel are using now. So, we should expect that miners will follow the level of Intel technology? Or build miner is different from build CPU? ASICs are custom designed chips to do one thing, that one thing being whatever they were designed to do. The only asic producer that is working with/on 20nm is knc and they expect to ship q2 of this year which means anytime from end of march to end of july. As I said in a previous post, 28nm will be profitable for sometime. The power efficiency and ability to overclock combined with the rising value of XBT or is that the falling value of fiat, 28nm will be competitive for sometime, barring any insane leaps of difficulty. |
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Cheridum
Newbie
Offline
Activity: 13
Merit: 0
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January 12, 2014, 05:08:40 PM |
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I'm new to pyramining and I'm wondering what they meant with a complete account / revenue...
Can anyone answer me what that means?
Also wondering why my payment still is in queue (has been for a week =/ )
Thanks ^^
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matthewh3
Legendary
Offline
Activity: 1372
Merit: 1003
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January 12, 2014, 05:25:04 PM
Last edit: January 12, 2014, 05:35:44 PM by matthewh3 |
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I'm new to pyramining and I'm wondering what they meant with a complete account / revenue...
Can anyone answer me what that means?
Also wondering why my payment still is in queue (has been for a week =/ )
Thanks ^^
AFAIK all current deposits are being saved for new 28nm infrastructure. Which is planned to start coming online later this month IIRC. |
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byt411
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January 12, 2014, 05:43:36 PM |
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I'm new to pyramining and I'm wondering what they meant with a complete account / revenue...
Can anyone answer me what that means?
Also wondering why my payment still is in queue (has been for a week =/ )
Thanks ^^
AFAIK all current deposits are being saved for new 28nm infrastructure. Which is planned to start coming online later this month IIRC. Hmmmm so when they come online will all queues be cleared or is there not enough? |
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