pyramining (OP)
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May 11, 2012, 06:11:14 PM |
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The key is lower hardware costs per MH/s. It means faster payout, which allows for better profit. And I wanted to do something innovative.
I mean that joining other mining operations require up to 2 years to reach the breakeven point. Here the reward is capped, but I expect it's reached in less than 10 months. If you want to earn more and you can wait 2 years, you might consider to reinvesting rewards or a part of them as a strategy. Conventional mining companies happened to find themselves out of business with old/uncompetitive hardware. In this circumstance I will be hopefully able to keep hardware updated and efficient.
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pyramining (OP)
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May 11, 2012, 08:34:28 PM |
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I personally would love to see some hard facts + statistics backed by blockchain transactions, maybe like bitcoinpyramid.com.
I just did some tests, I am afraid that this could expose the "deposit address" which actually is the "key" to log in. Even if you login with someone else's account you can't mess up with it, but I am a bit concerned about "privacy" issues. Do you (all) think that it's ammissible to have a bit less privacy for more detailed (public) stats?
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Garr255
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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May 11, 2012, 09:17:35 PM |
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This is a really smart way to expand your mining op and keep up with the difficulty increase. Excellent idea! http://www.pyramining.com/referral/cde283nfg
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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pyramining (OP)
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May 11, 2012, 09:57:30 PM |
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Bonus | Referrals | Completion | 1039891205.0% | 1 | 0% |
Someone is having fun. Probably he deposited something like 0.00000001, sponsored himself and sent something like 1 bitcoin with the referral account. ;-) Hopefully this account will be completed soon! :-) :-)
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eliale
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May 12, 2012, 05:00:28 AM |
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Smoovious
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May 12, 2012, 06:48:25 AM |
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I got my first Bitcoin! Hopefully this will be sustainable for a while... I've been struggling to find a way to increase my own hashing power, this will at least put my existing coinage to work in the meantime. -- Smoov edit: One suggestion I have in mind, if it isn't already implemented, is an email notification when one of our referral codes get used, so we can update our available list quickly.
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pyramining (OP)
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May 12, 2012, 09:48:49 AM |
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edit: One suggestion I have in mind, if it isn't already implemented, is an email notification when one of our referral codes get used, so we can update our available list quickly.
I am not sure that e-mail notification is a good idea since there aren't password protected accounts. I am trying to keep everything as simple and as read-only possible to keep things as safe as possible. However I just updated the code, now you should be able to see your 5 active referrals plus last 48-hours expired ones. Hope this helps.
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Smoovious
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May 12, 2012, 10:18:10 AM |
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edit: One suggestion I have in mind, if it isn't already implemented, is an email notification when one of our referral codes get used, so we can update our available list quickly.
I am not sure that e-mail notification is a good idea since there aren't password protected accounts. I am trying to keep everything as simple and as read-only possible to keep things as safe as possible. However I just updated the code, now you should be able to see your 5 active referrals plus last 48-hours expired ones. Hope this helps. Yeah, I thought of that after I posted, about the email notifications. Showing the referral code being claimed, in the transaction/event list would be good, but 48 hours seems still a quick expire on it. It wouldn't get you through a weekend, much less a long holiday one. Would it be a problem to show the past month's activity? Or, at least 14 days? That would cover, say, a week's vacation/trip somewhere, plus a few days before/after for the weekends. -- Smoov
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pyramining (OP)
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May 12, 2012, 10:37:06 AM |
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Showing the referral code being claimed, in the transaction/event list would be good, but 48 hours seems still a quick expire on it. It wouldn't get you through a weekend, much less a long holiday one.
Would it be a problem to show the past month's activity? Or, at least 14 days? That would cover, say, a week's vacation/trip somewhere, plus a few days before/after for the weekends.
I could even display all of them, I was just afraid it would bring out too much useless output. I am changing the code to display all the referrals. If I see that it grows too much or someone complains, I will show last 10 referrals, no matter when they got invalidated, and a link to see all of them in another page.
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Smoovious
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May 12, 2012, 12:51:55 PM |
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I could even display all of them, I was just afraid it would bring out too much useless output. I am changing the code to display all the referrals. If I see that it grows too much or someone complains, I will show last 10 referrals, no matter when they got invalidated, and a link to see all of them in another page.
I tend to favor going by age than by an absolute count. You get a busy day and you could have items fall off the bottom minutes after being posted. Nothing wrong with a long list at the bottom, most recent at the top, that's what we got scroll-bars for With a "full list" link at the bottom, or even have that link send you a CSV file with the history instead. An idea that just popped into my head, but maybe even, if you wanted to go that far, use a plugin like block-explorer uses, so we can view and travel the tier tree, who we're linked to, who is linked to us, etc. Since we're not using names anyways, and we all have a random code, and we can all use a pseudo-random address, not much of an anonymity concern there. -- Smoov
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roomservice
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May 12, 2012, 02:40:59 PM Last edit: May 12, 2012, 04:16:12 PM by roomservice |
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"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
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pyramining (OP)
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May 12, 2012, 02:55:31 PM |
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I tend to favor going by age than by an absolute count. You get a busy day and you could have items fall off the bottom minutes after being posted.
I just applied some changes. Now in the profile page you can see last 14 days referrals, with a link to a page showing ALL referrals (history). An idea that just popped into my head, but maybe even, if you wanted to go that far, use a plugin like block-explorer uses, so we can view and travel the tier tree, who we're linked to, who is linked to us, etc.
Since we're not using names anyways, and we all have a random code, and we can all use a pseudo-random address, not much of an anonymity concern there.
It's technically easy to do, but I am a bit concerned whether it is good to allow everyone browse everyone else's accounts.... I will think about it, any comment (from other members) would be appreciated.
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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May 12, 2012, 03:38:12 PM |
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Disclosure is fine by me. Maybe just use our identifiers, those abstract strings and show how much they are rewarded, or something. Just plain stats. Money invested. Rewards attributed. Those kind of stats.
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pyramining (OP)
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May 12, 2012, 06:32:19 PM |
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I just added a simple browsing feature. It's not linked directly, yet, but you can give it a try typing the URL directly: http://www.pyramining.com/account/browse?id=INSERT_YOUR_ACCOUNT_LABEL_HEREIt would be useful to know in how much time rewards get accumulated, but due to the architecture is not actually possible: I have the date of when the account is created, but the deposit can be sent much more later (even months). And it can be a small amount, get completed, stay there idle for a lot of time, until the owner decides to send more funds again. Calculating the rewarding rate would require a lot of code/weight/complexity to the whole application.
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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May 12, 2012, 06:42:46 PM |
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I just added a simple browsing feature. It's not linked directly, yet, but you can give it a try typing the URL directly: http://www.pyramining.com/account/browse?id=INSERT_YOUR_ACCOUNT_LABEL_HEREIt would be useful to know in how much time rewards get accumulated, but due to the architecture is not actually possible: I have the date of when the account is created, but the deposit can be sent much more later (even months). And it can be a small amount, get completed, stay there idle for a lot of time, until the owner decides to send more funds again. Calculating the rewarding rate would require a lot of code/weight/complexity to the whole application. Awesome stuff!
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Smoovious
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May 12, 2012, 07:13:49 PM |
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I just added a simple browsing feature. It's not linked directly, yet, but you can give it a try typing the URL directly: http://www.pyramining.com/account/browse?id=INSERT_YOUR_ACCOUNT_LABEL_HEREIt would be useful to know in how much time rewards get accumulated, but due to the architecture is not actually possible: I have the date of when the account is created, but the deposit can be sent much more later (even months). And it can be a small amount, get completed, stay there idle for a lot of time, until the owner decides to send more funds again. Calculating the rewarding rate would require a lot of code/weight/complexity to the whole application. Nice... although, I only meant the circles with the linking lines between them in the graphical representation part. maybe even the lines sticking out of the globe display? ^.^ (ok, I'm done now ) -- Smoov
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