PirateAt40's Money Laundering Operations: GPUMAX and BST

[P4man]

I dont think that Pirate is doing anything illegal ! There is no wonder how he is paying 7% a week when anyone can make 100% "if not more" in a couple of hours by simply buying shares @ GPUMAX and direct it to a score pool such as slush!

Nonsense.
If you can earn  more by hopping slush than gpumax purchases cost, then I have a few 100GH for you to play with. Heck, you dont even need mine, you can buy them at gpumax and get filthy rich.

Even if you somehow managed to earn 200% PPS on slush with a 10% of D hopping point, after paying gpumax users 140%  you would be looking at something like 500 BTC per month, if that. Thats not even pocket change compared to what pirate owes.

[organofcorti]

Even if you somehow managed to earn 200% PPS on slush with a 10% of D hopping point

Doable, but only if you submitted shares for the first few percent of a round. You wouldn't earn much from it per round though.

[P4man]

Doable, but only if you submitted shares for the first few percent of a round. You wouldn't earn much from it per round though.

Note the "10% of D hoppoint".
Sure you can increase PPS almost arbitrarily,  but what good is 500% PPS if its only on 0.01% of your shares?
Yes I made those numbers up.

[organofcorti]

Doable, but only if you submitted shares for the first few percent of a round. You wouldn't earn much from it per round though.

Note the "10% of D hoppoint".
Sure you can increase PPS almost arbitrarily,  but what good is 500% PPS if its only on 0.01% of your shares?
Yes I made those numbers up.

No, I understood you, and what you wrote stands. I just thought it an interesting point.

BTW, in order to earn 200%PPS at 0.1*D, Slush would have to have a hashrate about 30 times larger than the network hashrate which gave rise to D. So maybe when the ASICS come online?

[SSSSer]

i agree that these accusations are possible correct. let us hope we get coins back!

[RaggedMonk]

necro'd for relevance

[mila]

necro'd for relevance

wasn't necro 91+ days?

[muyuu]

paraipan is Spanish and Romanian? At the same time? Is this some sort of dual citizenship deal?

He's Romanian living in Madrid, Spain. Not necessarily a dual citizen, as both are in the EU.

He actually posted his full name when he put a legal complaint against Bitcoinica for losing his money gambling.

[SSSSer]

Has the "pirate" pay yet?

[evolve]

No

[SSSSer]

do you information that he will pay?

[zvs]

i have the informations that you seek

[SSSSer]

what do they have?