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?
Topic: Gigamining / Teramining - page 13. (Read 216477 times)
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?
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?
A little treat for Teraminers: https://bitcointalksearch.org/topic/ann-first-500ghs-bfl-unit-up-and-running-237710 
Thanks for the update! 
A little treat for Teraminers: https://bitcointalksearch.org/topic/ann-first-500ghs-bfl-unit-up-and-running-237710
Teraminers:
Bad week for mining last week.
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
Bad week for mining last week.
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
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
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.
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?
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
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?
Also no response to a PM on here
When can I expect claim to be processed?
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings? 
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.
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings?
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
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings?
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.
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.
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?
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings?
Indeed, how do I go about upgrading?
Is the "free" upgrade to Teramining automatical? Or do I have to do anything? If so, I don't find anything in the settings?
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.
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.
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.
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.
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.
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.
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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