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Topic: Gigamining / Teramining - page 15. (Read 216450 times)

legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
May 26, 2013, 05:56:29 PM
I am just going to leave this here.  Tongue

http://www.youtube.com/watch?v=_ERE4uiufqE
Thanks a lot.  I laughed so hard I hurt myself.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
May 26, 2013, 05:12:59 PM
I am just going to leave this here.  Tongue

http://www.youtube.com/watch?v=_ERE4uiufqE
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 24, 2013, 02:33:35 PM
Looks like our "perpetual bonds" expired.

Nothing has expired.

Regarding the fincen news, are there finally any updates regarding the claim process? Last thing I heard was that you wanted to look into it.

The fincen news and subsequent actions by the DHS against MTGOX has only proven that there is indeed need to make sure things are being done properly.

I am not able to take any other actions at this time. When I feel claims have stopped, I'll present a full report in this thread and a plan for moving forward.
hero member
Activity: 527
Merit: 500
May 24, 2013, 02:30:47 PM
Looks like our "perpetual bonds" expired.

Regarding the fincen news, are there finally any updates regarding the claim process? Last thing I heard was that you wanted to look into it.
legendary
Activity: 2100
Merit: 1000
May 24, 2013, 12:11:25 PM
you cannot just close this process. I will also claim my shares, but need another 2 weeks, due to your requirements and local issues in my country

thank you


Ok. Let me make this super clear.

Anyone who has expressed interest in claiming before yesterday (aka, contacted Quentin or myself with the intention of claiming) should be in the clear. The deadline is for those who have never contacted us nor made any attempt at claiming.

S3052, you've had 6 months to claim and rather than working with me you've only complained up to this point. As long as you've expressed interest to Quentin in claiming before today, your claim should be accepted.

Thanks for the reply.

I have contacted quentin on Dec 29, 2012 and have not received a reply.

It is true that I complained about the process but still have the right to my shares.  It would be great if we can bury that fight we had. The key issue is as i am in a French speaking area and have just found last week a lawyer who can help me on the paperwork. this is the truth. I will comply to your process now, even if it is costing me days and money. But again, lets bury this fight.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 24, 2013, 09:12:33 AM
What are the details for the unclaimed Gigamining contracts?

With the latest claims to come in, we are well over 80%. After Monday, ~5550 BTC will have been returned with continued weekly payments ongoing.

We'll have more stragglers like S3052 coming in over the next couple of weeks so the numbers should continue to rise.
newbie
Activity: 19
Merit: 0
May 24, 2013, 08:42:31 AM
So I'm starting to consider to donate my bonds or their value to Bitcoin Foundation if you offer this option.

This option is not on the table at this time as the claims process is nowhere near over. If we ever get to a place where most claims have been paid, we can revisit the issue.


Could we revisit the issue now? I'd prefer my portion be donated to WikiLeaks rather than Bitcoin Foundation.

The claims process is over on Thursday. Once we are over that hurdle, I'll be giving out details of what will happen with "unclaimed" Gigamining contracts.

If you haven't claimed, please do.

What are the details for the unclaimed Gigamining contracts?
newbie
Activity: 28
Merit: 0
May 24, 2013, 07:37:29 AM
you cannot just close this process. I will also claim my shares, but need another 2 weeks, due to your requirements and local issues in my country
'just close'? really? Didn't we start on this redirected path in early October? Shit or get off the pot, man!

Amazing!
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 24, 2013, 03:45:23 AM
you cannot just close this process. I will also claim my shares, but need another 2 weeks, due to your requirements and local issues in my country

thank you


Ok. Let me make this super clear.

Anyone who has expressed interest in claiming before yesterday (aka, contacted Quentin or myself with the intention of claiming) should be in the clear. The deadline is for those who have never contacted us nor made any attempt at claiming.

S3052, you've had 6 months to claim and rather than working with me you've only complained up to this point. As long as you've expressed interest to Quentin in claiming before today, your claim should be accepted.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
May 24, 2013, 02:12:43 AM
you cannot just close this process. I will also claim my shares, but need another 2 weeks, due to your requirements and local issues in my country

'just close'? really? Didn't we start on this redirected path in early October? Shit or get off the pot, man!
legendary
Activity: 2100
Merit: 1000
May 24, 2013, 01:18:48 AM
So I'm starting to consider to donate my bonds or their value to Bitcoin Foundation if you offer this option.

This option is not on the table at this time as the claims process is nowhere near over. If we ever get to a place where most claims have been paid, we can revisit the issue.


Could we revisit the issue now? I'd prefer my portion be donated to WikiLeaks rather than Bitcoin Foundation.

The claims process is over on Thursday. Once we are over that hurdle, I'll be giving out details of what will happen with "unclaimed" Gigamining contracts.

If you haven't claimed, please do.

you cannot just close this process. I will also claim my shares, but need another 2 weeks, due to your requirements and local issues in my country

thank you
newbie
Activity: 19
Merit: 0
May 23, 2013, 10:53:52 PM
I am still considering claiming my shares.

anyone know how much unpaid dividends there are per unclaimed shares?

It's about .19 BTC Per Share.
newbie
Activity: 9
Merit: 0
May 23, 2013, 10:48:34 PM
I am still considering claiming my shares.

anyone know how much unpaid dividends there are per unclaimed shares?
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 23, 2013, 05:36:57 PM
Gigavps, I've had an issue sheduing my appointment with the embassy, I can send the info on the 24th, will it be ok???

sending you a pm

thanks

Ian

Hi Ian,

PM responded to.

Best,
James
donator
Activity: 164
Merit: 100
May 23, 2013, 05:24:28 PM
Gigavps, I've had an issue sheduing my appointment with the embassy, I can send the info on the 24th, will it be ok???

sending you a pm

thanks

Ian
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 22, 2013, 03:31:25 PM
That's actualy a good news.

In plain english how much MH/s per Teramining Bond.

Thank You

0.35Mh/s per Teramining contract is what will be paid out next monday.

For the free upgrade, this is 1.4Mh/s in aggregate compared to 1 Gigamining contract.

For the paid upgrade, this is 5.25Mh/s in aggregate compared to 1 Gigamining contract.

We will soon be surpassing these numbers with more Avalons landing soon and BFL getting ever closer to beating murphy's law. As I have said before, lemons will start turning to lemonade.

I have more news for Teraminers, but I need a final chicken to hatch before sharing.
hero member
Activity: 547
Merit: 531
First bits: 12good
May 22, 2013, 03:24:07 PM
That's actualy a good news.

In plain english how much MH/s per Teramining Bond.

Thank You
vip
Activity: 1358
Merit: 1000
AKA: gigavps
May 22, 2013, 07:53:38 AM
Teramining update:

Teramining w/ Avalons
I have helped a gentleman put a down payment on a house and in return he has given me two batch #1 Avalons. You can see them mining at: http://gigamining.com/

I also have batch 2 and batch 3 Avalons making their way into my hands to help increase the hashrate of Teramining.

You can also see the rest of our equipment running at the links below.


VPS should be at 350Gh/s once our equipment is back up and running on the west coast.

Hashrate Split
VPS has a total of 11.2Th on order and with current Gigamining upgrades, Teramining is at 1.87Th. All equipment run by VPS will be split at a ratio of 1/5 (currently 65Gh/s) until all of our equipment arrives. This ratio is done before Gigamining is taken into account.
hero member
Activity: 826
Merit: 1000
May 21, 2013, 09:11:43 AM
Also, this lawyer and affidavit and notary bullshit isn't going to help him if some three letter agency wants to go after him, because I don't think they will listen his explanations: "see, I used to sell illegal securities to anonymous people, but I'm not doing it anymore, see, I have all these copies of passports here, please don't put me in jail".

Actually it will, because once the claim process is over the only people with bonds/contracts will no longer be anonymous people.

If you think the acronym agencies would give him shit now, imagine what they could do if he kept the bonds anonymous/illegal.
legendary
Activity: 2618
Merit: 1007
May 21, 2013, 08:43:34 AM
I'm not involved in this, but really feel badly for all involved. I would just say to contract holders, what would you do if you were in giga's shoes? He had no way to anticipate the exchange would close and seems to be doing everything possible to make things right. The real jerks are the ones who closed the exchange suddenly, leaving issuers and holders of securities to try and sort things out.

I would have honored my agreement so far (= pay dividends), offered to pay out share holders or let them register as "proper" share/contract holders. After all we anyways did/do not own a part of VPS LLC but only are renting a service that is similar to Amazon's compute cloud, only a bit more specialized.

I would not have offered a "valid until forever" mining contract to begin with though...
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