GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2160.

raskul

sr. member

Activity: 434

Merit: 250

hey-ho

i seem to have the idiot brigade renting my rigs.

MESSAGE TO THE IDIOT BRIGADE:

miners take time to ramp in. this is normal. Do NOT switch pool every 30 seconds because the miner will take time to switch

NO, you are not getting a refund, for being an idiot.

Roll Eyes

I_IZ_CEO

sr. member

Activity: 308

Merit: 250

CEO FlawMiners TM®

Quote from: T0urist on December 15, 2014, 03:38:00 AM

Quote from: raskul on December 15, 2014, 03:20:05 AM

Quote from: T0urist on December 15, 2014, 03:17:07 AM

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

it's a thread on an internet forum mate. GAW is not entirely front page news

Its not front page news? Josh said it was on CNN, Forbes and WSJ... you must be mistaken

You forgot Time.
DONT FORGET TIME! Tongue

EDIT add News Corp to that 2 "It's coming" https://twitter.com/gawceo/status/535090862632755200/photo/1

raskul

sr. member

Activity: 434

Merit: 250

Quote from: WaffleMaster on December 15, 2014, 03:40:32 AM

Quote from: T0urist on December 15, 2014, 03:38:00 AM

Quote from: raskul on December 15, 2014, 03:20:05 AM

Quote from: T0urist on December 15, 2014, 03:17:07 AM

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

it's a thread on an internet forum mate. GAW is not entirely front page news

Its not front page news? Josh said it was on CNN, Forbes and WSJ... you must be mistaken

I watch CNN every morning at work. I know they wouldn't even mention it's name Grin

i just searched every newspaper in the entire world, over the last 3 days...
not any-page news it would seem.

WaffleMaster

hero member

Activity: 966

Merit: 546

Quote from: T0urist on December 15, 2014, 03:38:00 AM

Quote from: raskul on December 15, 2014, 03:20:05 AM

Quote from: T0urist on December 15, 2014, 03:17:07 AM

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

it's a thread on an internet forum mate. GAW is not entirely front page news

Its not front page news? Josh said it was on CNN, Forbes and WSJ... you must be mistaken

I watch CNN every morning at work. I know they wouldn't even mention it's name Grin

T0urist

member

Activity: 98

Merit: 10

Quote from: raskul on December 15, 2014, 03:20:05 AM

Quote from: T0urist on December 15, 2014, 03:17:07 AM

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

it's a thread on an internet forum mate. GAW is not entirely front page news

Its not front page news? Josh said it was on CNN, Forbes and WSJ... you must be mistaken

raskul

sr. member

Activity: 434

Merit: 250

Quote from: WaffleMaster on December 15, 2014, 03:31:33 AM

On another note, a th is only .15 btc a day now...

Quote

only

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: galdur on December 15, 2014, 03:23:34 AM

They´ll have to throw some meaningful money at this thing

if it is to stay above .01.

So the 0.0315 "floor" is done. Someone put 3BTC at 0.0305 but there is not much below that.

WaffleMaster

hero member

Activity: 966

Merit: 546

On another note, a th is only .15 btc a day now...

WaffleMaster

hero member

Activity: 966

Merit: 546

Some guy is mining 12,377 xpy a day...hope he enjoys his $247,000 a day courtesy of Homero. Nvm now he's up to 17,000 XPY

galdur

hero member

Activity: 616

Merit: 500

They´ll have to throw some meaningful money at this thing

if it is to stay above .01.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: T0urist on December 15, 2014, 03:17:07 AM

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

it's a thread on an internet forum mate. GAW is not entirely front page news

galdur

hero member

Activity: 616

Merit: 500

Look out below - I guess.

T0urist

member

Activity: 98

Merit: 10

We must be due for a new topic now we've hit 300 odd pages?

Should split it into chapters...

Could be a 3 part trilogy... we already have the love triangle of GAW supporters, the villian etc. Would make for an epic movie.

WaffleMaster

hero member

Activity: 966

Merit: 546

Quote from: T0urist on December 15, 2014, 02:51:22 AM

Quote from: WaffleMaster on December 15, 2014, 02:45:56 AM

Quote from: raskul on December 15, 2014, 02:36:07 AM

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

there's 1.4PH mining on nicehash... and another 1.4PH on westhash

Ok, so just on rented hashrate which is accounting for 50% + of paycoin network. 2.8 ph × 1,000 = 2800 th. 2,800th ÷ .22 (last price of a th for a day) = 12,727 BTC to mine that for 24hrs. 12,727 ÷ 10,000 (estimate of renters) = 1.27 BTC each person is spending to mine for 24 hours. So, 5% of the customers could realisticly be mining. Add more renters and the avg renter spends less. I feel 1.27 btc is actually pretty low, so there may be less. Math, logic.

Thats really short of the 81 PH Josh enquired about on twitter

Ok, so 81,000 ÷ .22 = 368,181 BTC a day... More than a week's worth of volume over all exhanges for BTC Roll Eyes

divide that by how many people are realisticly mining, lets say 40,000 just to humor Homero, everybody is paying 9.2 BTC a day to mine paycoin. Now that seems realistic Roll Eyes

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: raskul on December 15, 2014, 02:42:11 AM

Quote from: suchmoon on December 15, 2014, 02:40:45 AM

Are you sure nicehash and westhash numbers are separate? In that case my estimate above is wrong, it should be ~5 PH/s.

i presume so.. nicehash now showing Total speed: 1395.1799 TH/s and westhash showing Total speed: 1665.9608 TH/s

You're right, thanks.

According to this: http://paycoin.minerpools.com/index.php?page=statistics&action=blocks

Average difficulty seems to be 150m. Which means the average network hashrate is 10 PH/s I think, unless I messed up my math. Which would make rentals about half of the total.

T0urist

member

Activity: 98

Merit: 10

Quote from: WaffleMaster on December 15, 2014, 02:45:56 AM

Quote from: raskul on December 15, 2014, 02:36:07 AM

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

there's 1.4PH mining on nicehash... and another 1.4PH on westhash

Ok, so just on rented hashrate which is accounting for 50% + of paycoin network. 2.8 ph × 1,000 = 2800 th. 2,800th ÷ .22 (last price of a th for a day) = 12,727 BTC to mine that for 24hrs. 12,727 ÷ 10,000 (estimate of renters) = 1.27 BTC each person is spending to mine for 24 hours. So, 5% of the customers could realisticly be mining. Add more renters and the avg renter spends less. I feel 1.27 btc is actually pretty low, so there may be less. Math, logic.

Thats really short of the 81 PH Josh enquired about on twitter

WaffleMaster

hero member

Activity: 966

Merit: 546

Quote from: raskul on December 15, 2014, 02:36:07 AM

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

there's 1.4PH mining on nicehash... and another 1.4PH on westhash

Ok, so just on rented hashrate which is accounting for 50% + of paycoin network. 2.8 ph × 1,000 = 2800 th. 2,800th ÷ .22 (last price of a th for a day) = 12,727 BTC to mine that for 24hrs. 12,727 ÷ 10,000 (estimate of renters) = 1.27 BTC each person is spending to mine for 24 hours. So, 5% of the customers could realisticly be mining. Add more renters and the avg renter spends less. I feel 1.27 btc is actually pretty low, so there may be less. Math, logic.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: suchmoon on December 15, 2014, 02:40:45 AM

Quote from: raskul on December 15, 2014, 02:36:07 AM

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

there's 1.4PH mining on nicehash... and another 1.4PH on westhash

Are you sure nicehash and westhash numbers are separate? In that case my estimate above is wrong, it should be ~5 PH/s.

i presume so.. nicehash now showing Total speed: 1395.1799 TH/s and westhash showing Total speed: 1665.9608 TH/s

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: raskul on December 15, 2014, 02:36:07 AM

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

there's 1.4PH mining on nicehash... and another 1.4PH on westhash

Are you sure nicehash and westhash numbers are separate? In that case my estimate above is wrong, it should be ~5 PH/s.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: WaffleMaster on December 15, 2014, 02:34:12 AM

Quote from: raskul on December 15, 2014, 02:27:31 AM

Quote from: WaffleMaster on December 15, 2014, 02:25:44 AM

Homero has been quoted saying there are 200,000 members on zen cloud. When I look at HashTalk I see the same people. I would guess only ~500 people are on there every day. Let's give him a great number at 2,000 HT members regularly posting. That is 2% of his quoted customer base. So, are we supposed to believe 2% of the vocal minority to be speaking for 98% of the total customers? Are we really going to do that? Because that's foolish.

going by the number of people who have been renting rigs (and still continue to pay inflated prices) there seems to be quite a lot of people investing in peecoin.

I'd be more interested in numbers to know how many TH are being rented and by how many people. But we can speculate...do you know how many TH are being rented?

There are three major rental sites: Nicehash, BetRigs, MRR. Total rented hashrate across all three is ~~~3.5 TH/s~~ (possibly ~5 PH/s, see below), most of it is likely going to XPY.

Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2160. (Read 3377790 times)