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

[jargoman]

long story short It's taking long because of competition with other asics. Pyramining has asics but also many investors who paid for older hardware that is slowing down over all hash power.

Remember that I am still installing new ASICs, and earnings will become faster when all the infrastructure will be complete.

During this week, new installations have been slowed down a bit because companies are closed (summer holidays) and I am not receiving new assembled boards. In this period I took the chance to optimize the installation process, so in the next two-three weeks I should be able to activate all the queued deposits. Let's wait for the queue to be depleted, and then we can discuss about the payout times etc...

I know you are doing what you can and you run a legitimate service. I'm just saying there is steep competition with all the new asics. I do admit that with the hardware in the queue and new deposits things might turn around. Especially if accounts start getting completed. You said you would be depositing btc into pyraminig as an asic promotion, this could be enough to serious bring down the return time. Pyramining may become very profitable again as accounts get completed and hashing power is redistributed.

Long return time is NOT the fault of pyramining because difficulty keeps skyrocketing.

[pyramining]

I noticed that there are some accounts (already completed) with very small deposits where the payout is less than 0.0001. It seems that nodes aren't relaying anymore transactions with such small amounts. I encourage the owner of such accounts to deposit a little more to unlock the situation. I suppose it's not a problem depositing another 0.0001 since it is a really small amount.

[platti]

Account label:   24bkya8p

last rewards
2013-08-17 10:30:55 UTC
2013-08-16 16:25:51 UTC only 7 from 11 rewardet
2013-08-15 22:30:41 UTC




Account label:    bkxn27re

last rewards
2013-08-17 10:30:39 UTC
2013-08-15 22:30:25 UTC

missing: rewards from 2013-08-16 16:30

its the same like some days before, only old deposits were rewardet on 2013-08-16

[seot]

Account label:   24bkya8p

last rewards
2013-08-17 10:30:55 UTC
2013-08-16 16:25:51 UTC only 7 from 11 rewardet
2013-08-15 22:30:41 UTC




Account label:    bkxn27re

last rewards
2013-08-17 10:30:39 UTC
2013-08-15 22:30:25 UTC

missing: rewards from 2013-08-16 16:30

its the same like some days before, only old deposits were rewardet on 2013-08-16

The same here.   

[Kiwi7]

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

[pyramining]

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

Did you read the instructions and F.A.Q.

[Kiwi7]

Yes, I've read both of these, but none of them answered my questions.

[seot]

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

From Pyramining FAQ
   "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."

 From Pyramining Home page

Investment estimations
Break even:   ~ 53 months
Complete reward:   ~ 59 months
Current infrastructure:   74.31 MH/BTC
New infrastructure:   ~ 909.09 MH/BTC


No, you cannot cancel your deposit. From Pyramining FAQ  "All deposits gets entirely converted to mining infrastructure."

[jargoman]

85 pages of the same thing being explained over and over again lol

[gektek]

85 pages of the same thing being explained over and over again lol

Its been a fun read so far The longer you follow the thread the funnier it gets. Deja-vu over and over and over again

[Kiwi7]

59 months?  I think I'm gonna blacklist pyramining in my /etc/hosts.

[gektek]

59 months?  I think I'm gonna blacklist pyramining in my /etc/hosts.

hehe...59 months is still better than what is was

[rigel]

59 months?  I think I'm gonna blacklist pyramining in my /etc/hosts.

Perhaps it's already blacklisted if you haven't seen this in the home page  

[pyramining]

59 months?  I think I'm gonna blacklist pyramining in my /etc/hosts.

If you read just a few post back, you will see that unless the difficulty will explode to extremely high levels, when all the ASIC infrastructure will be installed, the reward time will be MUCH lower (I expect less than one year).

[gektek]

59 months?  I think I'm gonna blacklist pyramining in my /etc/hosts.

If you read just a few post back, you will see that unless the difficulty will explode to extremely high levels, when all the ASIC infrastructure will be installed, the reward time will be MUCH lower (I expect less than one year).

Your guestimations have always been pretty spot on so I'm excited! Gonna through another deposit your way after my dividends pay off tomorrow

[platti]

@ pyramining, whats about the missing rewards?

[pyramining]

@ pyramining, whats about the missing rewards?

There have been three causes that overlapped: 1) P2Pool payouts aren't immediately available, but previously the payouts were processed before the 120 confirmations. I modified the behaviour and now payout are redistributed after the confirmations are >120. 2) In the last two days only two blocks were solved. 3) Due to a software glitch of the firmware some chips (around 30%) didn't work on correct data, and produced bogus results. I fixed also this issue, today... it affected the BTC quantity gathered by each P2Pool payout. During the last week, since the suppliers where in holidays, I had enough time to do tests and troubleshooting so I fixed everything. Tomorrow I should receive another batch of hardware, and I will activate more accounts.

Since the "3)" was an error caused by me, after emptying the accounts queue, I will put (at my expenses) some more devices in Pyramining in order to pair up rewards, as if things worked 100% at the first attempt.

[platti]

Account label:   24bkya8p

last rewards
2013-08-17 10:30:55 UTC
2013-08-16 16:25:51 UTC only 7 from 11 rewardet
2013-08-15 22:30:41 UTC




Account label:    bkxn27re

last rewards
2013-08-17 10:30:39 UTC
2013-08-15 22:30:25 UTC

missing: rewards from 2013-08-16 16:30

its the same like some days before, only old deposits were rewardet on 2013-08-16

The same here.   

i mean this missing rewards

[pyramining]

i mean this missing rewards

I haven't been able to reproduce this issue, yet. If it happens again, please warn me.
I suspect that it could have been caused by an out-of-memory error. To be on the right side, I expanded the system memory.

[pyramining]

I haven't been able to reproduce this issue, yet. If it happens again, please warn me.
I suspect that it could have been caused by an out-of-memory error. To be on the right side, I expanded the system memory.

P.S.: I will do some more tests when I will have more spare time (after installing all the asics). If it turns out to be an OOM problem, I will try to refund it by paying to the pyramining reward as many BTC as they would have been earned from a solved block in these days (around 5BTC). I am sorry but errors may happen and I hope that this kind of refund will be enough.