http://www.pyramining.com/ - Discussion thread (no advertising here)

[pyramining]

I'd like to use my hash power as I see fit, e.g. for mining other crypto currencies if it more profitable, than bitcoin. Is it possible to realize this in future?

If there will be a real convenience, I may think about implementing it.

[inaltoasinistra]

So, what's the meaning of pre-allocate ASIC power? I thought that the sharing of the ASIC power with the old accounts would be started after the activation of the ASIC pre-orders.

Indeed the sharing is started when ASIC accounts are activated.

My ASIC deposits are not activated
4edr8f2k

[liberty90]

These accounts are activated gradually, not all at the same time (if I understand everything right).

[seot]

Transactions are  being updated!! Asic mining!!!

Date   Amount   Description
2013-07-19 10:29:04 UTC   0.00002049    reward on deposit [f4gtbsqc] (0.00000146:mining, 0.00002669:1st lev.ref., 0.00000049:2nd lev.ref., 0.00000057:3rd lev.ref., -0.00000438:1st lev.sp., -0.00000218:2nd lev.sp., -0.00000218:3rd lev.sp.)

[pyramining]

These accounts are activated gradually, not all at the same time (if I understand everything right).

Right.

Transactions are  being updated!! Asic mining!!!
Date   Amount   Description
2013-07-19 10:29:04 UTC   0.00002049    reward on deposit [f4gtbsqc] (0.00000146:mining, 0.00002669:1st lev.ref., 0.00000049:2nd lev.ref., 0.00000057:3rd lev.ref., -0.00000438:1st lev.sp., -0.00000218:2nd lev.sp., -0.00000218:3rd lev.sp.)

The little negative balance has been paired, and now payouts are restarting. Next ones will be bigger.

[pyramining]

Some new deposit with really small amounts ( < 0.01 BTC ) are going to be activated because they do not change almost anything in the mining scenario, and they are polluting the queued deposit database. Hope nobody will complain for this.

[tex83rb]

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.

thank you, i'm waiting it

[miffman]

Some new deposit with really small amounts ( < 0.01 BTC ) are going to be activated because they do not change almost anything in the mining scenario, and they are polluting the queued deposit database. Hope nobody will complain for this.

maybe you could activate my small 0.04 

[platti]

p2pool:
Pool Hashrate: 1682.8 GH/sEstimated Time to Block: 18h32mCurrent Round: 3d3h11m

more than 3 days with no found block, thats make me nervous. thbis are three days without reinvestment ...

[lenny_]

p2pool:
Pool Hashrate: 1682.8 GH/sEstimated Time to Block: 18h32mCurrent Round: 3d3h11m

more than 3 days with no found block, thats make me nervous. thbis are three days without reinvestment ...

If it makes you nervous, just stop watching it. Luck it's a feature that you can't do nothing about it. In longterm it's always close to 100%.

[pyramining]

more than 3 days with no found block, thats make me nervous. thbis are three days without reinvestment ...

There will be days when more blocks will be found, re-balancing the average.

However, overall, we should gain almost 10% more than using PPS since there are no pool fees (only a small donation to forrestv) and we get also the transaction fees.

[Kais]

Is there still someone buying Pyramining accounts? I heard a few words about it but I never saw any action. If so, do they sell for face value (minus rewards sent already)?

If possible I would like to sell my accounts.

[btharper]

Is there still someone buying Pyramining accounts? I heard a few words about it but I never saw any action. If so, do they sell for face value (minus rewards sent already)?

If possible I would like to sell my accounts.

They would not be bought at face value. Anyone wanting to do that could just go directly into pyramining. The amount you get on your remaining amount may vary though. At one point I think I heard it was going around 50%, might be a bit better now that ASICs are coming online

[biddicoin]

would love to see my account activated, too

zm8x2dty

[crazyearner]

SO any updates to recovering my account here. I sent details to you over a week ago an d no response back

[pyra-proxy]

Pyramining,

How do you calculate your next infrastructure MH/s/BTC costs?  I hope I'm missing something but at ~340 MH/s/BTC that's comparable to the USB block eruptors and given projected difficulty increases over the coming months its pretty much certain it will take years to get ROI if it is even possible before equipment malfunction.

I hope I'm missing a part of the equation?  And surely bonuses are not necessary for reasonable time for ROI?

Thanks in advance for shedding some light on my confusion!

[platti]

more than 3 days with no found block, thats make me nervous. thbis are three days without reinvestment ...

There will be days when more blocks will be found, re-balancing the average.

However, overall, we should gain almost 10% more than using PPS since there are no pool fees (only a small donation to forrestv) and we get also the transaction fees.

now its is 4 days without finding a block.

to reach  the estimated time to block, the pool must find 8 blocks, each in 12 hours, (all 8 together in 4 days)   and this wont happen , the last 8 blocks needed 14 days , and difficulty still growing

[platti]

@pyramining

in the active-user list on p2pool.info I dont see anybody with 362 GH/s. And the only one with more than 300 GH/s is from an other site (www.nastyfans.org).
 are you still mining with p2pool?

[pyramining]

SO any updates to recovering my account here. I sent details to you over a week ago an d no response back

I answered in a PM, sorry for the long wait!

[pyramining]

How do you calculate your next infrastructure MH/s/BTC costs?  I hope I'm missing something but at ~340 MH/s/BTC that's comparable to the USB block eruptors and given projected difficulty increases over the coming months its pretty much certain it will take years to get ROI if it is even possible before equipment malfunction.

I hope I'm missing a part of the equation?  And surely bonuses are not necessary for reasonable time for ROI?

Thanks in advance for shedding some light on my confusion!

There are many factors: NRE costs, production costs, premises infrastructure, power conditioning (UPS), and so on. I insert all costs, the production quantity, the BTC value, and I get the GH/s/cost. Actually the NRE is almost fully paid and the infrastructure cost does not increase, there is plenty of space in the new room. Hardware cost is quite low, so the overall cost will drop dramatically in the next few weeks. Remember that new added hardware increase everyone's performances, so do not worry about the increasing difficulty.

We accumulated a really slow income rate while waiting for ASICs to be available, but things are changing quickly now.