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

[Smoovious]

I applied a filter on the statistics table: only accounts with at least 0.1BTC will appear there.

While it's funny to see very large bonus percentages on tiny amounts, it could seem unrealistic to new members who don't know about pyramining well enough to figure this out. I hope you all find this reasonable, expecially the guy who deposited 1 satoshi and reached an 8 numbers reward bonus % on it. :-)

Would you be cool with adding a link, to give us an unfiltered page, with the amount in question, so we could laugh at them?

(and by them, I mean me, too, since I'm a micro-donator also )

-- Smoov

[1713562916]

1713562916

[1713562916]

1713562916

[Tamerz]

Just joined:

Please use one of my referrals!

http://www.pyramining.com/referral/yzm7f2e9x
http://www.pyramining.com/referral/fr9hqyg83
http://www.pyramining.com/referral/nh7bgx3em
http://www.pyramining.com/referral/n2htsger4

[Valalvax]

Pyra: The hashspeed on my stats page, is that before or after taking into account the electric cost, and before or after your cut? Just wondering (doing quite a bit of math in my head and not sure if I want to donate more yet or not

[pyramining]

Pyra: The hashspeed on my stats page, is that before or after taking into account the electric cost, and before or after your cut? Just wondering (doing quite a bit of math in my head and not sure if I want to donate more yet or not

Hashspeed is before taking into account electric costs, that account for ~ 7% at the current conditions. There are not any other cuts.
Note that in these days reward rate is a bit reduced due to P2Pool bad luck, which actually accounts for ~ 50% of the hashing power. If bad luck will not go away, I will move some more hashing power to a PPS pool until P2Pool will return closer to the average.

Personally I would stick to P2Pool, but there are many members who are asking me to move to more constant sources of revenue and I should take this into account.

[Dabs]

Hi, here are my referrals:

http://www.pyramining.com/referral/84dmc6rzy    2012-05-22 07:57:24 UTC    still active
http://www.pyramining.com/referral/gfhq3ny8x    2012-05-22 07:57:24 UTC    still active
http://www.pyramining.com/referral/4k3qps98e    2012-05-22 07:57:24 UTC    still active
http://www.pyramining.com/referral/qg6d8shkb    2012-05-22 07:57:24 UTC    still active
http://www.pyramining.com/referral/92xn4mta6    2012-05-22 07:57:24 UTC    still active

[bravetheheat]

The website seems to be offline Oo

EDIT: Is now back online. I wonder what happened.

[pyramining]

The website seems to be offline Oo

EDIT: Is now back online. I wonder what happened.

I didn't notice any downtime. Write me in case it will happen again, just to double-check that everything is fine.

[Gladamas]

For the new site layout, the following statistics do not show up, they just display like this:

Active referrals:
Current bonus: %
Eq. hashing power:
Reward completion: %

EDIT: Apparently fixed now, maybe it only shows these statistics a little while after you deposit?

EDIT 2: WTF the stats just reverted to the above again?

[fatigue]

If anyone need referral links to get 10% returns here are some that are still active!


http://pyramining.com/referral/mcf4kp8e6   
http://pyramining.com/referral/yr7ftk9gn   
http://pyramining.com/referral/62nhaeb8q   
http://pyramining.com/referral/kfatg4h3n
http://pyramining.com/referral/6xfh3qmsc   

[pyramining]

For the new site layout, the following statistics do not show up, they just display like this:
[...]
EDIT 2: WTF the stats just reverted to the above again?

Here everything is working as expected. Check that you are logged in. Try clearing the browser's cache. If it keeps working in a strange way, please report through PM. Include your browser version and your account label.

[eliale]

I had the same issue few times in the past.  However, with a simply reload it works fine (Firefox is my browser)

[pyramining]

Because of poor performances of P2Pool in the last two weeks, Pyramining rewards is slower than expected.

The most obvious solution would be to move miners to another pool. However since I like P2Pool concept and I see how much work is being done behind it, I am proposing another possibility, if you agree: keep at least 50% of hashing power on p2pool (as it is now) and as soon as next batch of hardware will arrive, I will dedicate 20GH/s of my personal mine to Pyramining at my expenses for the time needed in order to re-align rewards to the statistically expected rate.

What do you think about this? Do you find it a viable solution?

[Raoul Duke]

I support that. because if you just leave p2pool, then it's a downward spiral and soon it will be dead. It really needs more hashing power. Even you taking out 50% from there, like you did, was a bad thing, and probably hurted the profitability of the remaining 50% that stayed in p2pool.
Ofcourse i would like to be rewarded more often

[eliale]

It is fine for me.

Thank you!

[pyramining]

No, it is not possible: for security reasons, accounts can't be modified, therefore there is no way to modify a "payout address".

[Raoul Duke]

Why are there no rewards for the last 18hrs? You pointed all your hashing power to p2pool, or something else?

One more thing, what does the Average bonus % mean?

[pyramining]

Why are there no rewards for the last 18hrs? You pointed all your hashing power to p2pool, or something else?

No, it's the PPS pool I am using that is having some toubles with their wallet. They say nothing has been lost, but they can't make the payment right now, we just have to wait for that to be fixed. Expect one bigger transaction when they are done. I checked pyramining credit and on the pool and it's growing normally.

One more thing, what does the Average bonus % mean?

It's the average reward of the whole operation. You begin to get rewards as soon as you start the account. Referrals may come later. Rewards are calculated on the _current_ bonus rate, which can change in time...

For example: if you start with 10% bonus and add other 10% bonus through referrals after a few months, when you already got 50% of rewards, your average reward at the end of the operation will be 15%.

Hope this is clear enough, in case just ask.

[pyramining]

For complete transparency:

https://bitcointalk.org/index.php?topic=33586.msg918654#msg918654

[pyramining]

In the last few days I have been able to make some new (and better) deals with hardware components suppliers. I am making a lot of efforts to find every possible way to get lower infrastructure costs. At current conditions, new hardware costs around 112 / 113 BTC every GH/s. It means almost 9MH/s per BTC (or 1.75MH/$, or 0,57$/MH). I don't know if there is any more profitable mining investments out there. ;-)

Also note that even existing accounts will benefit from this: when new funds are deposited (and new hardware acquired) the average hashing power cost gets smaller, and the "equivalent hashing power" of each account will increase.

I am estimating that when we will reach a total of 60000 BTC as deposited funds, infrastructure costs will drop below 100 BTC / GH/s. Complete rewards will take less than 5 months (probably 4), and after the solved block's reward will halve, it will be still less than 9 months.

I hope to gain your trust so we can reach this target. Pyramining will become an extremely interesting investment tool for everyone.

[eliale]

... and don't forget!

The Rock is an independent organization from Pyramining and is the only one insuring your investment at no cost for you   (use of our referral is requested)

please read:  https://www.therocktrading.com/news/454

The Rock operates since year 2007

Thank you!