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Topic: GPUMAX | The Bitcoin Mining Marketplace - page 17. (Read 215555 times)

hero member
Activity: 490
Merit: 500
August 28, 2012, 09:30:20 AM
I stopped mining on gpumax when I noticed my returns from private work were down about 15%.  I tested it several times, and determined that even though my hash power shows up correct in my account (when working on private work) the returns Im getting are actually about 15% less than what I would make when not using GPUMAX.

And the public work was not making up for the difference.

I'll likely come back and test it occasionally, but for now Im just watching what happens with everything (pirateat40, bst&t, gpumax)...
legendary
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
August 28, 2012, 08:38:55 AM
why is micons ignore link highlighted?
It makes it easier to find in the dark.
sr. member
Activity: 336
Merit: 250
August 28, 2012, 08:37:55 AM
so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?

And this is the problem of or lack thereof community.   Yes you should care.   Why you ask?  Because the person who knows someone who did something bad and still chooses to support them in a way could potential exhibit the same type of behavior.   Your reputation is important and saying you don't even care and don't know why is a statement that can be very telling.   Also empathy is a human trait.
I don't see how GPUMax can really be that heavily related to BS&T. Even if it is, I was one of the most vocal people in warning others about putting their money into a black box. If they went ahead and threw their money away that's their own idiocy.

The most I'm ever risking on GPUMax is a few days mining revenue, if it shut down tomorrow and I didn't get paid, I'd lose a total of maybe a few hours of my regular salary...
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
August 28, 2012, 08:32:48 AM
so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?

And this is the problem of or lack thereof community.   Yes you should care.   Why you ask?  Because the person who knows someone who did something bad and still chooses to support them in a way could potential exhibit the same type of behavior.   Your reputation is important and saying you don't even care and don't know why is a statement that can be very telling.   Also empathy is a human trait.
hero member
Activity: 868
Merit: 1000
August 28, 2012, 04:18:50 AM
I was started mining with GPUmax 48 hours ago.
I have 10 Gh/s.
400000 private shares
150000 public shares
4 BTC
How long I will be wait BTC from GPUmax into my wallet?
legendary
Activity: 2912
Merit: 1060
August 28, 2012, 03:04:37 AM
why is micons ignore link highlighted?
sr. member
Activity: 336
Merit: 250
August 28, 2012, 03:00:43 AM
so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?

And we should care... why?
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
August 28, 2012, 02:45:19 AM
so.... people are seriously still using this service?

u guys know the owner owes 100k's of BTC in a seperate obvious scam?
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
August 26, 2012, 11:53:01 AM
mining pool is where you put your EMC info in. Workers is where you setup a worker with your EMC pool info as your private pool. Once setup you will have a Username generated and a password for gpumax along with server info. Point your miner at that and bam you are using gpumax. PPS price is up to you.
You have to setup a pool first.  And you use the url your miner is normally pointing at for the pool url.  And you use the username and password of one or your normal miners for the pool username and password.

then you create miners in gpumax that connect to your pool, and as stated in the post above, there is a username and password generated that you will need to redirect your miners at home to.

took me an hour or so plus a lot of reading to figure it out. Definitely lacking in documentation...
Much appreciated, Gentlemen!
hero member
Activity: 490
Merit: 500
August 26, 2012, 10:44:57 AM
You have to setup a pool first.  And you use the url your miner is normally pointing at for the pool url.  And you use the username and password of one or your normal miners for the pool username and password.

then you create miners in gpumax that connect to your pool, and as stated in the post above, there is a username and password generated that you will need to redirect your miners at home to.

took me an hour or so plus a lot of reading to figure it out. Definitely lacking in documentation...
hero member
Activity: 981
Merit: 500
DIV - Your "Virtual Life" Secured and Decentralize
August 26, 2012, 02:17:54 AM
mining pool is where you put your EMC info in. Workers is where you setup a worker with your EMC pool info as your private pool. Once setup you will have a Username generated and a password for gpumax along with server info. Point your miner at that and bam you are using gpumax. PPS price is up to you.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
August 26, 2012, 12:58:58 AM
Alright, I give up. Just spent an hour trying to figure out how to work gpumax. I got the invite, but don't understand how to set it up. Is there some sort of how to guide out there? I assume it's so easy to setup that I'm just overlooking it. Or perhaps I don't understand the concept.

I have a couple of mining rigs here at home that I'm mining with EMC (Eclipse). I assume I somehow redirect my miners to gpumax, and gpumax directs my miners to EMC. Then if someone wants to buy my shares on gpumax, gpumax auto sells my shares to the buyer. How do I hook my miners up with gpumax? Is there a certain port, username, or password that I should be using? And what are the Mining Pools and Workers options for?

I am completely lost...
hero member
Activity: 490
Merit: 500
August 25, 2012, 06:04:26 PM
Just got my invite in the last round of invites that happened in the last couple days.  Got all signed up and setup right away and started testing things out.

I mine through slush, and put about half my hashing power into GPUMAX.  When I was doing public work, which was only a couple hours a day, my average per block at slush was about .045 btc.  And when there was no public work, I was averaging around .075, which seemed a little low.  Before I moved half my power over to GPUMAX, i was averaging around .095 /round. 

So I decided to move everything back to slush just to see what would happen, and immediately my returns went from .075/block back up to .095/block.

I know that slush wasn't supported for purchasing shares because of the high stale ratio, but according to my account my stale/reject rate is only 3%, and I don't think that's enough to account for the change.

Anyone else notice things like this?
Any ideas on how to resolve, without changing pools?
donator
Activity: 1057
Merit: 1021
August 25, 2012, 10:48:21 AM
I purchased 60K shares 2 days ago and it says that I have used 269 shares total and it says paused.

Is there a way I can unpause it? 

What am I missing.  If I could buy shares and then use those shares whenever I want I would be buying a lot more.

Also an API would be nice so I can automate the process of buying and using the shares at a specific time.

member
Activity: 69
Merit: 10
August 25, 2012, 03:22:50 AM
Hi,

So i guess when I buy e.g. 2,000,000 shares, it will connect to the pool I wish and based on their share rules, my payout will change. Now dumb question:

1) How long does it take to use up 2,000,000 shares?
2) Current price per share is [edited out] but lets use an example price of 0.00001, how profitable will it be for me?

Thanks, even though the buyers page is very simple, I find it difficult to understand the most important parts, how much is the ROI, per share purchased.

Thanks
hero member
Activity: 686
Merit: 500
Wat
August 25, 2012, 01:22:39 AM
Depends if pirate used the 500 000 bitcoins to develop an ASIC chip in secret  Cheesy
full member
Activity: 150
Merit: 100
August 25, 2012, 12:49:02 AM
Oh darn. I don't have enough computer parts.

I know, right?  Woe is us. 

I guess Brunic needed to measure his epeen tonight. 
full member
Activity: 195
Merit: 100
August 25, 2012, 12:47:47 AM
Ok guys, I just had this huge illumination of what GPUMax is all about. I think I understand who the buyers are going to be (not the Beta ones, the real ones) and what's this project is all about.

If GPUMax is really what I think it is, I believe pirateat40 is currently years ahead of us. This project is dead serious and could really change the dynamic of the mining marketplace. I'm seriously excited to see the end of the Beta. I'm also pretty confident that the name of GPUMax will not change, even if ASIC come out.   Wink

I don't think it's appropriate discussing about it publicly, but I still want to discuss it. I need to validate my theory with somebody. Cheesy

So, here the conditions:
If you,
-have a farm bigger than 15 GHash/s (or, if you are bigger than me)
-are currently invited in the Beta of GPUMax

PM me, and I'll share my theory with you. If you don't fulfill the conditions, don't bother me. It's your job to prove me you fulfill the conditions. Only serious miners that could consider mining as a real job.


PS: It also means that my confidence about pirate paying back his BTCST lenders jumped up to 101%. Pirate is the real deal.

I am invited to GPUMax, but have temporarily retired from mining. So exactly how big are you? I am 5'7". Not very big, but I am hoping you are smaller because I'd like to know.
sr. member
Activity: 336
Merit: 250
August 25, 2012, 12:44:27 AM
Oh darn. I don't have enough computer parts.
full member
Activity: 150
Merit: 100
August 25, 2012, 12:32:49 AM
Ok guys, I just had this huge illumination of what GPUMax is all about. I think I understand who the buyers are going to be (not the Beta ones, the real ones) and what's this project is all about.

If GPUMax is really what I think it is, I believe pirateat40 is currently years ahead of us. This project is dead serious and could really change the dynamic of the mining marketplace. I'm seriously excited to see the end of the Beta. I'm also pretty confident that the name of GPUMax will not change, even if ASIC come out.   Wink

I don't think it's appropriate discussing about it publicly, but I still want to discuss it. I need to validate my theory with somebody. Cheesy

So, here the conditions:
If you,
-have a farm bigger than 15 GHash/s (or, if you are bigger than me)
-are currently invited in the Beta of GPUMax

PM me, and I'll share my theory with you. If you don't fulfill the conditions, don't bother me. It's your job to prove me you fulfill the conditions. Only serious miners that could consider mining as a real job.


PS: It also means that my confidence about pirate paying back his BTCST lenders jumped up to 101%. Pirate is the real deal.

I just want to add that I have already received some PM, but you need to respect my conditions guys. No exceptions.

LOL!  Silly elitists.
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