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

[rdyoung]

The current infrastructure value is curently decreasing; why? (I know that from the pratical point of view nothing is changing, it's only curiosity)

18/11: 268.17
25/11: 268.1
27/11: 268.09

Is it because of old hardware is not profitable anymore? But, this should happends only when difficult increases

Possibly, but when its changed it wasn't close to a difficulty increase.
He may have an issue with the code running the math that updates all that info.
The new infrastructure is stuck at 42.7ghs/btc even with btc up near 1000$ and when it was breaking through 7-800 it was up to 44.xx.

[Tittiez]

The current infrastructure value is curently decreasing; why? (I know that from the pratical point of view nothing is changing, it's only curiosity)

18/11: 268.17
25/11: 268.1
27/11: 268.09

Is it because of old hardware is not profitable anymore? But, this should happends only when difficult increases

Selling old hardware, buying new hardware?

[DeathPenguin]

Why is this still in the queue
2013-11-17 22:21:01 UTC   0.01153848 BTC   queued
Also is it possible to request your btc back?

[rdyoung]

The current infrastructure value is curently decreasing; why? (I know that from the pratical point of view nothing is changing, it's only curiosity)

18/11: 268.17
25/11: 268.1
27/11: 268.09

Is it because of old hardware is not profitable anymore? But, this should happends only when difficult increases

Selling old hardware, buying new hardware?

No, because the total hashrate hasn't changed. Its likely just a issue with the code that dynamically updates that data. Unless he finally took some or all of the fpgas offline.

[rdyoung]

Why is this still in the queue
2013-11-17 22:21:01 UTC   0.01153848 BTC   queued
Also is it possible to request your btc back?

He has new hardware coming, he is queueing all new deposits until that hardware starts to arrive. Hopefully by end of jan.

[DeathPenguin]

Why is this still in the queue
2013-11-17 22:21:01 UTC   0.01153848 BTC   queued
Also is it possible to request your btc back?

He has new hardware coming, he is queueing all new deposits until that hardware starts to arrive. Hopefully by end of jan.

Thanks!

[inaltoasinistra]

No, because the total hashrate hasn't changed.

How can you say that?
4.8TH/s can be from 4750 to 4849.99GH/s, it's a 100GH/s range, 2%

[rdyoung]

No, because the total hashrate hasn't changed.

How can you say that?
4.8TH/s can be from 4750 to 4849.99GH/s, it's a 100GH/s range, 2%

Because, The only hardware he would have taken offline is 174ghs give or take. and he updated the hashrate in 100ghs increments, so if he took the FPGA boards offline he likely would have updated the hashrate.
The total hashrate doesn't flux so it has to be a# maintained by pyra. Another clue is that the new infrastructure # has been stuck as well.

[pyramining]

Little update: I am working on the new 28nm chips. One big investor is ready to invest into pyramining as soon as the new hardware will be ready. I will also invest with my personal capital, so hopefully we should be able to maintain breakeven times sustainable.

Since the Bitcoin value reached $1000, payout threshold is now 0.01 XBT.

There will be some changes on how the new hashing rate will be assigned and some other minor improvement. I will update the website and announce here when these new rules will be implemented.

I am trying to answer all messages, please be patient, I will respond to everyone.

[pyramining]

@pyramining: Have you got a fixed delivery date for new asic generation?

Not yet, but it will be around half of January. Don't take this info as official yet. When I will have more details I will post them.

[pyramining]

There is some way to leave the system/site with investment and profits?

Deposits get converted to FIAT, and affect also other accounts so it's not possible to "quit".

[pyramining]

Anyone tell me what happend with Pyramining??
I Deposit some BTC on 2013-11-16 13:21:01 UTC, but until now my deposit status "queued".

If I activate the deposit with the current hardware it will take more time to breakeven than waiting for the new hardware to be deployed. My advice is to just wait a little and get a faster return. This is the default policy for all new deposits.

[pyramining]

you'll never get your BTC back if you don't refer people. it's not even buying any new hardware.

Never is not correct. However with referrals it will definitely be faster.

[pyramining]

I have just joined them today just as a test with 0.02 BTC.

Eq. hashing power:   0
Reward completion:   0%

Does this mean I get 0 hashing power?

For all people "worried" about the status of the account: just wait for the new hardware to be deployed. It's worth it. Your deposits are currently queued.

[pyramining]

Greetings.  I can't find any other place to post questions or receive support, so I'll do it here.  My payout address has been expired . . . THANKS CAMPBX!!! YOU USELESS ASSHOLES!  Yes, I know, stupid to use an exchange address but frankly it was a long time ago newb mistake.  Now with the value of btc going up, my potential payout has a bit more value than anticipated.  Will you please take payout address change requests?

People with these problems, write a PM and I will try to take care of the issue.

[pyramining]

pyramining, what do you think about this mega device from BFL? https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

Since this is a public place, I won't express my true judgement about BFL hardware, which is not positive at all. I hope I will never have to work with BFL ever.

[pyramining]

The current infrastructure value is curently decreasing; why? (I know that from the pratical point of view nothing is changing, it's only curiosity)

18/11: 268.17
25/11: 268.1
27/11: 268.09

Is it because of old hardware is not profitable anymore? But, this should happends only when difficult increases

Probably there is a rounding error in the displayed data, because the numbers changed substantially since the start. With the new updates also the values will be displayed in the correct format.

[Coin.Karma]

Hello Pyramining,

Good day to you.Thanks for the updates. I had sent you a PM, you DO NOT need to reply to it, if you have seen this post. Just reducing your load.

thanks
karma

[artbatista]

Little update: I am working on the new 28nm chips. One big investor is ready to invest into pyramining as soon as the new hardware will be ready. I will also invest with my personal capital, so hopefully we should be able to maintain breakeven times sustainable.

Since the Bitcoin value reached $1000, payout threshold is now 0.01 XBT.

There will be some changes on how the new hashing rate will be assigned and some other minor improvement. I will update the website and announce here when these new rules will be implemented.

I am trying to answer all messages, please be patient, I will respond to everyone.

When will payouts start for those that qualify now?

Thank you.

Art

[davwolf]

27 Nov 2013: Payout threshold lowered to 0.01 BTC.