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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 308666 times)
VEscudero
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June 16, 2012, 09:55:51 PM
 #241

Anybody knows how today's Butterfly announce of the ASICs is going to affect pyramining deposits?

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btcftw
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June 16, 2012, 10:49:22 PM
 #242

Anybody knows how today's Butterfly announce of the ASICs is going to affect pyramining deposits?


Here is a thread dedicated to this topic: https://bitcointalk.org/index.php?topic=87934.0

I think this is a bit suspicious. There is no announcement on the butterflylabs.com, which to me is a red flag. But I really hope to be wrong, because those numbers are unreal   Grin


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pyramining
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June 16, 2012, 11:20:42 PM
 #243

Anybody knows how today's Butterfly announce of the ASICs is going to affect pyramining deposits?

How should that affect it? Pyramining it's not a "conventional" mining operation where someone buy an FPGA at $500 or more and will need to face "competition" for 2 years. At current conditions I have been able to achieve a price under $120 for one FPGA, and break-even is in less than 8 months. Even if ASICs would be ready next week, they don't have enough time to affect expected performances. Moreover, when an account is "completed", the infrastructure remains available (for free) for new deposits, until it breaks.

I am continuing my R&D to produce better and better hardware (in terms of price and performances). If BFL ASICs are good products and I can find them at a lower price than the stuff I will be working on by that time, I could buy their technology.

Pyramining is up and running since less than 1,5 months, it grew faster than expected, and there are two factors that are limiting it's efficiency:

1) a promise to not leave p2pool (and no spare hashing power to keep up with p2pool low efficiency).
2) limited supply of new infrastructure.

Both points will be fixed in short time (less than 3 weeks, I explained in previous posts the actions I am taking to keep ROI times aligned to expectations). Meanwhile if P2Pool keeps it's low efficiency, I won't point new miners at it, so its performances will not hit Pyramining.

For the future things can only improove, and ASIC technology can only positively impact Pyramining: new infrastructure will be bought at even better price/performance ratio.
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June 18, 2012, 09:30:31 AM
 #244

How often is the 10% credited?
Every month or week?


Here's a fresh batch of referral links:
http://www.pyramining.com/referral/nb6qhpgd4
http://www.pyramining.com/referral/76ec3zx2y
http://www.pyramining.com/referral/9crkxd8z6
http://www.pyramining.com/referral/zb8d7q49f
http://www.pyramining.com/referral/68hmsgtpk

Straya Cunt!
pyramining
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June 18, 2012, 09:45:18 AM
 #245

How often is the 10% credited?
Every month or week?

If you read the discussion it's already explained. While miners find valid blocks, an amount proportional to your deposit is credited at your balance. Whenever this balance grows bigger than 1 BTC, a transaction to your payout address is made. If your accounts has less than 2 BTC to be received, the transaction is delayed until you get the full amount (to prevent a final transaction smaller than 1 BTC).

Valid blocks are found several times a day.
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June 18, 2012, 02:07:03 PM
 #246

 Grin
http://pyramining.com/referral/xkaet64bm
http://pyramining.com/referral/28zrn3ayx
http://pyramining.com/referral/qm3azfbyc
http://pyramining.com/referral/skg3b8zqa
http://pyramining.com/referral/s8423xzcp
http://pyramining.com/referral/9hk8qznam

 (https://cex.io/r/1/sCyborg/0/) Get free bitcoins at  (http://freebitco.in/?r=8781)
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June 19, 2012, 09:16:20 PM
 #247

Coin.Karma
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June 20, 2012, 04:01:20 PM
 #248

http://www.pyramining.com/referral/3atmyb6fp   
http://www.pyramining.com/referral/fnz78sdyx   
http://www.pyramining.com/referral/3xay7fc29   
http://www.pyramining.com/referral/x7rm3g9ck   
http://www.pyramining.com/referral/gbqd2te9k   
pyromaniac
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June 21, 2012, 11:41:10 PM
 #249

A few new links to join with 10% bonus!  Wink
http://www.pyramining.com/referral/kb3yxzgm4
http://www.pyramining.com/referral/2fa8chtk7
http://www.pyramining.com/referral/seh3yqtam
http://www.pyramining.com/referral/4g3d6phbm
http://www.pyramining.com/referral/zbp48g6yd

Subo1977
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June 22, 2012, 12:44:47 PM
 #250


Link   Created   Expired
http://www.pyramining.com/referral/cngsa6p3q   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/ndmf3ygbe   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/sz6nehrd9   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/8bz2x9qge   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/apqd836rf   2012-06-22 11:10:29 UTC   still active

I provide a 1000Mbit+ Torrent-Seedbox in FR and a 500Mbit Box in NL for orginal Blockchain Bootstrap.dat download. and also for Armoryclient Torrent

Tips are welcome:  15MuGdPSXU62fEFE9XbBZN3UvJMHBDVBoy
btcftw
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June 22, 2012, 04:16:16 PM
 #251

Both points will be fixed in short time (less than 3 weeks, I explained in previous posts the actions I am taking to keep ROI times aligned to expectations). Meanwhile if P2Pool keeps it's low efficiency, I won't point new miners at it, so its performances will not hit Pyramining.

For the future things can only improove, and ASIC technology can only positively impact Pyramining: new infrastructure will be bought at even better price/performance ratio.

Can't wait for the new hardware (the near-near future upgrade) Smiley and really glad about the news about ASICs, makes a lot of sense: it shouldn't matter what hardware is used for mining, the abstract of the service stays the same.

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pyramining
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June 22, 2012, 05:46:51 PM
 #252

Can't wait for the new hardware (the near-near future upgrade) Smiley

Yesterday I tested the pre-production units (prototypes), they were working as expected, in ~ 10 days the new hardware will be ready.
chsados
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June 23, 2012, 03:53:34 PM
 #253

would someone be so kind to use my 10% bonus link Cheesy  I dont have a single referall and have tried for over a month Sad

http://www.pyramining.com/referral/86hgkzbda    
http://www.pyramining.com/referral/szrg92kym    
http://www.pyramining.com/referral/hyag9x7eq    
http://www.pyramining.com/referral/rgxma3hf2    
http://www.pyramining.com/referral/mc2axfg8h    
lky_svn
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June 23, 2012, 05:40:22 PM
 #254

Interesting idea!

Went ahead with a couple of BTC for now. Just picked a referral link from this topic.

If anybody is looking for some a referral link to bank the 10% Pyramining bonus:



http://pyramining.com/referral/xd7ce846p   2012-06-23 17:33:40 UTC   still active
http://pyramining.com/referral/2d3crz9he   2012-06-23 17:33:40 UTC   still active
http://pyramining.com/referral/87yqgnph4   2012-06-23 17:33:40 UTC   still active
http://pyramining.com/referral/92mhksrxp   2012-06-23 17:33:40 UTC   still active
http://pyramining.com/referral/bgmfntdek   2012-06-23 17:33:39 UTC   still active

Will try to update this post when links are used/expired.
Don't hesitate to PM for a referral if all of the above don't seem to be working!

http://www.pyramining.com/referral/xd7ce846p   2012-06-23 17:33:40 UTC   still active
http://www.pyramining.com/referral/2d3crz9he   2012-06-23 17:33:40 UTC   still active
http://www.pyramining.com/referral/87yqgnph4   2012-06-23 17:33:40 UTC   still active
http://www.pyramining.com/referral/92mhksrxp   2012-06-23 17:33:40 UTC   still active
http://www.pyramining.com/referral/bgmfntdek   2012-06-23 17:33:39 UTC   still active

ccliu
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June 24, 2012, 04:45:13 AM
 #255

I wanted to ask, once the investment has been completed the account will be complete, so will its referrals still pay into that account?

Also, Can I keep funding into that one initial account to keep it going?
pyramining
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June 24, 2012, 06:21:12 AM
 #256

I wanted to ask, once the investment has been completed the account will be complete, so will its referrals still pay into that account?

No, when the account is "completed" (after receiving all the deposit and bonus), you won't receive anything more. The account keeps existing in a "frozen" state.

Also, Can I keep funding into that one initial account to keep it going?

Sure, it's possible to re-fund it anytime, even after it's completed. Accounts are never closed/deleted. If it is complete and you deposit more funds, it becomes active again.
pyramining
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June 24, 2012, 12:20:29 PM
 #257

you say on your hompage that you allocate 50% of your hashing power to P2Pool. But I only see paypouts when P2Pool finds a block. How are the other 50% are paying out?

When P2Pool finds a block, it takes almost one day before it becomes "usable" and gets credited. Other pools (the second most used pool is abcpool.co) have daily payouts. However I just did a comparison between Pyramining payouts and P2Pool ones, they don't match exactly.
ccliu
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June 24, 2012, 03:19:49 PM
 #258

So if I deposit more funds the referrals will being to pay to me again if they are still active?
pyramining
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June 24, 2012, 03:57:56 PM
 #259

So if I deposit more funds the referrals will being to pay to me again if they are still active?

Exactly.
Subo1977
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June 25, 2012, 09:45:09 AM
 #260

here are my referals

http://www.pyramining.com/referral/fh3cyszk6   2012-06-25 09:39:15 UTC   still active
http://www.pyramining.com/referral/3btr29adg   2012-06-22 13:28:33 UTC   still active
http://www.pyramining.com/referral/sz6nehrd9   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/8bz2x9qge   2012-06-22 11:10:29 UTC   still active
http://www.pyramining.com/referral/apqd836rf   2012-06-22 11:10:29 UTC   still active

I provide a 1000Mbit+ Torrent-Seedbox in FR and a 500Mbit Box in NL for orginal Blockchain Bootstrap.dat download. and also for Armoryclient Torrent

Tips are welcome:  15MuGdPSXU62fEFE9XbBZN3UvJMHBDVBoy
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