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Topic: Gigamining / Teramining - page 13. (Read 216450 times)

hero member
Activity: 616
Merit: 500
Portland Bitcoin Group Organizer
June 18, 2013, 07:37:45 PM
are they xlinked or connected through a usb hub? Also, controlled by Nexus7 or PC?

EDIT: Oh and of course, how many watts are you burning through? did the lights dim and the walls creak when you powered it up? Cheesy
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 17, 2013, 08:07:44 AM
Teraminers:

Bad week for mining last week. Sad

Revenues were 40% of expected due to multiple long rounds exceeding the 95% confidence interval. I've seen weeks with no revenue and weeks with 150%+ of expected so this is not completely out of the norm. Mining will always tend to 100% even with the difficulty rising although the diff rising creates more variance.

If any Teraminers would like access to the semi-private pool we use to track our results, please email me at [james at gigamining dot com] and I'll set you up with a pool account.

Best,
James
member
Activity: 74
Merit: 10
June 13, 2013, 09:38:50 PM
Have you received my PM and claim? I filed one as soon as I found out that the process is closing. It should have been announced by email or in another thread, rather than in the middle of a 120+ page one.

https://bitcointalksearch.org/topic/--127437
legendary
Activity: 1260
Merit: 1000
Drunk Posts
June 12, 2013, 11:17:37 AM
Have you received my PM and claim? I filed one as soon as I found out that the process is closing. It should have been announced by email or in another thread, rather than in the middle of a 120+ page one.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 10, 2013, 10:48:15 AM
I filed my claim 2 weeks ago and have received no confirmation of receipt or any response at all?
Also no response to  a PM on here

When can I expect claim to be processed?

Hi wizer,

Sorry if I missed your PM. I'll look though them now to get it answered.

Best,
James
newbie
Activity: 9
Merit: 0
June 10, 2013, 10:46:02 AM
I filed my claim 2 weeks ago and have received no confirmation of receipt or any response at all?
Also no response to  a PM on here

When can I expect claim to be processed?
full member
Activity: 195
Merit: 100
June 09, 2013, 02:58:14 AM
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.

Upgrades have been disabled until more equipment arrives. I will email Gigaminers when it is open again.

Best,
James

Thanx for the info, I was just thinking of asking the same.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 08, 2013, 08:33:34 PM
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.

Upgrades have been disabled until more equipment arrives. I will email Gigaminers when it is open again.

Best,
James
full member
Activity: 231
Merit: 100
June 08, 2013, 08:30:47 PM
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?

You have to pick your upgrade path, it is not automagical!

Log into your account at https://virtualprocessingsolutions.com and pick the upgrade path you want.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
June 08, 2013, 03:19:49 AM
The price has not changed because the opportunity costs have not changed.

https://en.wikipedia.org/wiki/Opportunity_cost

It's great that there is lively debate about the price, but it is not changing for the paid upgrade.

There is also a free upgrade offered for those who do not like their other options.

If you want to stick with Gigamining, you are more than welcome to do so.

Are you saying that there is a way out of this "deal" of yours?
hero member
Activity: 609
Merit: 505
June 07, 2013, 10:03:59 PM
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh

Indeed, how do I go about upgrading?
legendary
Activity: 1764
Merit: 1007
June 07, 2013, 04:26:50 PM
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? Huh
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 07, 2013, 03:17:12 PM
gigavps, people who upgraded, like me, are being affected. Before upgrading I was receiving ~0.02BTC, after that I received even less than 0.001BTC this is a shame. I can't understand why you let us to take a path if you know that we are going to lose more and more. I hope you have an explanation for this.

Hi John,

I am doing everything within my power to get more equipment up and running. I have hosting contracts ready to go with the new power requirements and more space being built out specifically for us.

Sit tight and get ready for takeoff.

Best,
James

P.S. If any Gigaminers / Teraminers have any questions or concerns, please email me at [email protected] and I will make sure your questions are answered in a timely manner and to your satisfaction.
newbie
Activity: 28
Merit: 0
June 06, 2013, 07:02:30 PM
It just did not work out as planned.

+1
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
June 06, 2013, 04:54:34 PM
gigavps, people who upgraded, like me, are being affected. Before upgrading I was receiving ~0.02BTC, after that I received even less than 0.001BTC this is a shame. I can't understand why you let us to take a path if you know that we are going to lose more and more. I hope you have an explanation for this.
This is the nature of the gamble you/we took.  If we had gotten our mining equipment on time as promised then we would have made a boatload of BTC.  Then as time went on we would have made less and less.

Since (most of) the equipment has not been delivered we will get just a trickle of BTC to start.  Then as we get more equipment we should get more and more BTC up to a peak.  Then we will gradually get less as time goes on.

It just did not work out as planned.
sr. member
Activity: 471
Merit: 252
June 06, 2013, 02:13:05 PM
gigavps, people who upgraded, like me, are being affected. Before upgrading I was receiving ~0.02BTC, after that I received even less than 0.001BTC this is a shame. I can't understand why you let us to take a path if you know that we are going to lose more and more. I hope you have an explanation for this.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 06, 2013, 02:03:40 PM
The price has not changed because the opportunity costs have not changed.

https://en.wikipedia.org/wiki/Opportunity_cost

It's great that there is lively debate about the price, but it is not changing for the paid upgrade.

There is also a free upgrade offered for those who do not like their other options.

If you want to stick with Gigamining, you are more than welcome to do so.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
June 06, 2013, 10:53:58 AM
Did the equipment prices jump 20x or are you offering 20x more Mh/s per "turd" now?
Last Mai/june (2012), when this "tera" scam started, BTC traded around 5-6 USD and upgrade fee was 0.25 BTC. Now we are at 120 USD and upgrade fee is still 0.25 BTC.

This is the magical scam that never ends.
That's quite an accomplishment.
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