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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 297211 times)
inaltoasinistra
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July 04, 2014, 09:12:23 AM
 #2701

I have lost all my btc in this site...Scam ? where is pyra? ?
Pyra might not be interested anymore in this project: he should work into a market that are not so profitable in order to pay lost bitcoins of other people.
We know only his nickname, His reputation don't worth so much.

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ebenson
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July 04, 2014, 05:08:52 PM
 #2702

I have lost all my btc in this site...Scam ? where is pyra? ?
Pyra might not be interested anymore in this project: he should work into a market that are not so profitable in order to pay lost bitcoins of other people.
We know only his nickname, His reputation don't worth so much.
Many times he has left the forum alone so he can do other things with his equipment and/or the software but, he does return with some responses and updates to what has been done
pyramining
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July 05, 2014, 01:27:37 AM
 #2703

Little update: First of all I apologize for the long silence, I am still working on this project and I am building a plan for next generation miners. However before investing heavily on this, I am monitoring the rate of difficulty increase. If the rise keeps being so steep, it's not worth it to work so much in building the mining equipment and barely get the investment back (considering fiat value, things are worse for BTC). I am also working on other features to revive everything. I'll post updates as soon as there will be something new implemented or a decision about new hardware is made (with specs).


I read that someone is not able to "sell" the account. Please send me a PM with all details and I will check what's wrong.
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July 05, 2014, 01:59:31 AM
 #2704

Little update: First of all I apologize for the long silence, I am still working on this project and I am building a plan for next generation miners. However before investing heavily on this, I am monitoring the rate of difficulty increase. If the rise keeps being so steep, it's not worth it to work so much in building the mining equipment and barely get the investment back (considering fiat value, things are worse for BTC). I am also working on other features to revive everything. I'll post updates as soon as there will be something new implemented or a decision about new hardware is made (with specs).


I read that someone is not able to "sell" the account. Please send me a PM with all details and I will check what's wrong.

Some of us, don't have ye little faith in you Wink Remember those people that always believed that you will always come thru.

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rdyoung
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July 05, 2014, 02:24:14 AM
 #2705

Little update: First of all I apologize for the long silence, I am still working on this project and I am building a plan for next generation miners. However before investing heavily on this, I am monitoring the rate of difficulty increase. If the rise keeps being so steep, it's not worth it to work so much in building the mining equipment and barely get the investment back (considering fiat value, things are worse for BTC). I am also working on other features to revive everything. I'll post updates as soon as there will be something new implemented or a decision about new hardware is made (with specs).


I read that someone is not able to "sell" the account. Please send me a PM with all details and I will check what's wrong.

Good to hear. When will we be able to get an idea as to when our older deposits will hit the queue and start getting paid out? Or would you consider what others have suggested and just split the hashing power amongst all of the older deposits?

I sent you a pm about the sell error.

Also have you considered using something like bitmessage for us to contact you? It would probably be easier than using the forum pm system.
schnaiwiyi
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July 05, 2014, 06:50:43 AM
 #2706

Who did get back his inital investment with this?
gweedo
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July 05, 2014, 06:52:42 AM
 #2707

Who did get back his inital investment with this?

I did, and no I will not disclose the amount.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
pyramining
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July 05, 2014, 08:03:25 AM
 #2708

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.
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July 05, 2014, 08:44:23 AM
 #2709

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.
pyramining
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July 05, 2014, 08:49:31 AM
 #2710

"Sell account" procedure fixed for those who were not been able to do it. Thanks for reporting.

If anyone will ever have troubles selling the account, please report the details in PM (address, message, signature).
pyramining
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July 05, 2014, 08:51:28 AM
 #2711

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.
simonk83
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July 05, 2014, 08:53:48 AM
 #2712

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.

How so?  Wouldn't it free up hashpower for everyone else?

Do you mean they've deposited even more since hitting profit?  If that's the case, I'd imagine it's only a small portion who actually redeposit, certainly nowhere near everyone.
rdyoung
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July 05, 2014, 09:51:43 AM
 #2713

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.

It could still be done, you could assign all accounts a temporary % profit in USD based on their original deposit dates. If someone makes a fresh a deposit after the latest change, that would not be affected by it. Same as new deposits currently do not affect older deposits currently. When all older deposits have made a fiat profit, then you can resume knocking them out 10 at a time, or just split all extra hashing power amongst everyone like before the change.

I also sent you a pm a few months ago about a large # of deposits across several accounts currently being assigned 0.0hs.
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July 05, 2014, 02:18:09 PM
 #2714

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
rdyoung
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July 05, 2014, 02:22:42 PM
 #2715

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

Notice they said pause? Not stop. I am all for it as well, we could even be "generous" and say if you have made 200% profit fiat based then your payouts are paused until the rest of the older deposits catch up, once that happens we reenable everyones payouts until they get their promised 110%btc
gweedo
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July 05, 2014, 02:25:55 PM
 #2716

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

No I am all for keeping the terms, that I signed up and agreed to on the site. You guys are the politicians something isn't going your way, you want to bend the rules and make it work for you.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
rdyoung
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July 05, 2014, 02:53:20 PM
 #2717

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

No I am all for keeping the terms, that I signed up and agreed to on the site. You guys are the politicians something isn't going your way, you want to bend the rules and make it work for you.

Thats a giant load of BULLSHIT and you know it. I am a round 1 asic investor and am nowhere seeing a profit, while those that were in at the beginning with fpga have seen plenty of profit and then some. The early investors got bonused with 2 rounds of asic while those of us in round 1 have seen very little. You don't want your money faucet turned off even if for just a short while so that others who weren't fpga investors or don't have a ton of referrals can see some of their money back.

I too would have been fine with him leaving things as they were, extrapolating out we would have seen our individual hashrate begin to grow as deposits/accounts were cleared out. BUT he made this change so here we are. The whole point of the design of pyramining seems to be to share the earnings with the group rather than an everyman for himself setup. But here you are arguing against the share the wealth when it doesn't suit you, but I would bet if the shoe was on the other foot you would be requesting exactly what we are, either split the extra hashrate with 100+ deposits, everyone, OR pause the older deposits that have seen a major fiat return. Considering that deposits got smaller as btc rose, it won't take as long to clear out the deposits that haven't profited at all and then your cashflow can be turned back on.

Who did get back his inital investment with this?

I did, and no I will not disclose the amount.

Then what is your malfunction. If you received at a minimum 100% return and you deposited when btc was sub 100$ you made at a minimum a 600% fiat based ROI, and you still have the remaining 10% along with anything left from referrals. Act like an actual human and let those of us that have only received 1% or so of our deposits see some return.
simonk83
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July 05, 2014, 11:11:06 PM
 #2718

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

EDIT:  Redacted, too harsh (only just Cheesy).
Squeaker
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July 06, 2014, 03:38:25 AM
 #2719

Jeez, it is kinda like nobody knew diff was going to keep rising, while the reward will keep falling...

not like this hasn't been common info all along...

keep to the terms we agreed to when we signed up. let the whiners whine.

=squeak=

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July 06, 2014, 04:02:13 AM
 #2720

Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

It makes perfect sense if you're not a greedy, self serving shit.

Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
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