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Topic: GPUMAX | The Bitcoin Mining Marketplace - page 8. (Read 215554 times)

sr. member
Activity: 462
Merit: 250
I heart thebaron
September 08, 2012, 10:52:33 PM
I figured that I should post this here, for anyone still considering being a 'GPUMAX Miner'.

I will be adding Zach Nakaska to my Legal Complaint/Process as a Co-Conspirator in the BTCST Fraud case.

As it can be proven beyond the shadow of a doubt that BTCST Funds were used to pay GPUMAX Miners and funds from both 'enterprises' were co-mingled without denial and even offered up under the guise of being a 'security measure' by one of the Operators, I don't see any other way to increase pressure and continue to move forward.

It is also no secret that Zach Nakaska was the infamous 'zux0r' the main GPUMAX administrator and technical person.

I feel that there is a light at the end of the tunnel, but due to the scope of this, I feel it's best to offer up any known connections and participants that can also he held liable to an extent, regardless of what extent and allow the lead investigating party or District Attorney to sort everything out and chose what is pertinent and what is not. This is not something new and establishing participating parties is common.

Anyone who chooses to stay and be a part of GPUMAX from this point, I can only wish the best of luck to.

Thanks for your time.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
September 06, 2012, 05:44:47 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.

There used to be a lot more prop pools.  I think that plays into it.
GPUMAX was never good for hopping, if purchases started instantly it could work...

I never said it was great for it.  Just like satoshidice isn't good for getting rich.  It still doesn't stop people from gambling to try.
hero member
Activity: 981
Merit: 500
DIV - Your "Virtual Life" Secured and Decentralize
September 06, 2012, 05:29:13 PM
If you had high stales and ran CGMiner my 2 day testing points to use a lower scan time. I am using 30 now for gpumax. I still think not passing work through but being dead when no public work is available would be better.
legendary
Activity: 2072
Merit: 1001
September 06, 2012, 03:49:30 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.

There used to be a lot more prop pools.  I think that plays into it.

How exactly?

a form of gambling when you hope your ion cannon of shares hits a hot streak at a pool that is prop.
sr. member
Activity: 336
Merit: 250
September 06, 2012, 01:42:32 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.

There used to be a lot more prop pools.  I think that plays into it.
GPUMAX was never good for hopping, if purchases started instantly it could work...
hero member
Activity: 504
Merit: 504
Decent Programmer to boot!
September 06, 2012, 01:37:05 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.

There used to be a lot more prop pools.  I think that plays into it.

How exactly?
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
September 06, 2012, 01:33:50 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.

There used to be a lot more prop pools.  I think that plays into it.
hero member
Activity: 518
Merit: 500
September 06, 2012, 12:43:59 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.

Over the past week, there has been 2% public work. And most, if not all of that was probably 2 large purchases during bitminters race weekend. Its becoming increasingly clear to me that gpumax' biggest customer has always been Pirate himself.
vip
Activity: 472
Merit: 250
September 06, 2012, 12:26:14 PM
I wanted to get a feel for how much public work there is - so I went out at current PPS last night.  I got zero public work if that tells you anything.
sr. member
Activity: 336
Merit: 250
September 06, 2012, 06:55:13 AM
Alright, so for those of you who have been using gpumax the past couple of days, have you been getting paid?

I'm ready to start using it again if everyone's getting paid nightly.
I have, but I've had almost no public work, despite my lowest-priced workers being waaaaaaay below the strike price.

I wouldn't plan on getting many public shares. No one is going to give Pirate a cent.

The PPS rate at GPUMax have dropped a lot since this Pirate (our pool operator/owner?) run away with our coins.

Am I right?!

The share purchase rate is calculated based on the miners' sell rates. Most likely, miners have been lowering their rates in an attempt to obtain private work, which causes the share purchase price to decrease.s

Quick! Everyone increase your price! Wink

I've actually dropped mine in advance of the difficulty retarget  Tongue
hero member
Activity: 956
Merit: 1001
September 05, 2012, 11:04:28 PM
Alright, so for those of you who have been using gpumax the past couple of days, have you been getting paid?

I'm ready to start using it again if everyone's getting paid nightly.
I have, but I've had almost no public work, despite my lowest-priced workers being waaaaaaay below the strike price.

I wouldn't plan on getting many public shares. No one is going to give Pirate a cent.

The PPS rate at GPUMax have dropped a lot since this Pirate (our pool operator/owner?) run away with our coins.

Am I right?!

The share purchase rate is calculated based on the miners' sell rates. Most likely, miners have been lowering their rates in an attempt to obtain private work, which causes the share purchase price to decrease.s

Quick! Everyone increase your price! Wink
hero member
Activity: 560
Merit: 500
Ad astra.
September 05, 2012, 08:59:04 PM
Alright, so for those of you who have been using gpumax the past couple of days, have you been getting paid?

I'm ready to start using it again if everyone's getting paid nightly.
I have, but I've had almost no public work, despite my lowest-priced workers being waaaaaaay below the strike price.

I wouldn't plan on getting many public shares. No one is going to give Pirate a cent.

The PPS rate at GPUMax have dropped a lot since this Pirate (our pool operator/owner?) run away with our coins.

Am I right?!

The share purchase rate is calculated based on the miners' sell rates. Most likely, miners have been lowering their rates in an attempt to obtain private work, which causes the share purchase price to decrease.s
legendary
Activity: 1204
Merit: 1000
฿itcoin: Currency of Resistance!
September 05, 2012, 08:09:36 PM
Alright, so for those of you who have been using gpumax the past couple of days, have you been getting paid?

I'm ready to start using it again if everyone's getting paid nightly.
I have, but I've had almost no public work, despite my lowest-priced workers being waaaaaaay below the strike price.

I wouldn't plan on getting many public shares. No one is going to give Pirate a cent.

The PPS rate at GPUMax have dropped a lot since this Pirate (our pool operator/owner?) run away with our coins.

Am I right?!
vip
Activity: 472
Merit: 250
September 05, 2012, 10:32:57 AM
I should add that I paid a tx fee at MtGox
I am missing context on this.

My payment went to MAX faster due to paying a transaction fee.  I also tried it without a fee and got my shares in about the same time...
vip
Activity: 472
Merit: 250
September 05, 2012, 10:31:43 AM
Continuing to experiment here... so far gpuMAX sees the correct hashrate, but my pool (BTCGuild) is showing considerably less hashes.  For example, with no public work happening I'm sending 4.4G to max, but I'm seeing 3.8G at the pool.  Normally, if I send it direct, I would see a number much closer to 4.4G.

Is this what other people are seeing?  I'm not too excited about losing 600 Mh.


There are times where you'll see it go the other direction as well.  It has something to do with how the stats are counted/displayed on GPUMax.  There are times where it gets behind, so you appear to be doing less than whats being reported at the pool.  Then when its catching up, it'll say you're doing more than what the pool says. 

This is why I quit mining through GPUMAX.  The dashboard in my account did not match what I was seeing at my pool.  And I didn't ever see it go the other way (my pool never reported a higher hash than the GPUMAX dashboard).

And the numbers my pool were reporting (when there was NO public work happening) were significantly lower than what I was used to.

I have seen my reported rate go higher, but not for any extended period of time.  Another thing is that they over-deliver shares on purchases, so they could be taking them back.

I am able to get public work, but only if I'm priced just barely above current PPS rates.
newbie
Activity: 28
Merit: 0
September 05, 2012, 09:36:12 AM
And the numbers my pool were reporting (when there was NO public work happening) were significantly lower than what I was used to.
Interesting... could this be the mystery ingredient that people have been missing from GPUMax?

They take a few shares off the top, could this perhaps be the mystery miner?

Also another, somewhat related, thought I had this morning.  What if gpumax kept a solved block every now and then?  They would know if a given hash solved a block yes?  So if they didn't keep every one, but just the occasional that would add up over time.

I am not sure if that is even possible given the very little I know about mining, but if it is/not I would love to hear a more detailed extrapolation.
hero member
Activity: 490
Merit: 500
September 05, 2012, 09:13:14 AM
Continuing to experiment here... so far gpuMAX sees the correct hashrate, but my pool (BTCGuild) is showing considerably less hashes.  For example, with no public work happening I'm sending 4.4G to max, but I'm seeing 3.8G at the pool.  Normally, if I send it direct, I would see a number much closer to 4.4G.

Is this what other people are seeing?  I'm not too excited about losing 600 Mh.


There are times where you'll see it go the other direction as well.  It has something to do with how the stats are counted/displayed on GPUMax.  There are times where it gets behind, so you appear to be doing less than whats being reported at the pool.  Then when its catching up, it'll say you're doing more than what the pool says. 

This is why I quit mining through GPUMAX.  The dashboard in my account did not match what I was seeing at my pool.  And I didn't ever see it go the other way (my pool never reported a higher hash than the GPUMAX dashboard).

And the numbers my pool were reporting (when there was NO public work happening) were significantly lower than what I was used to.
sr. member
Activity: 336
Merit: 250
September 05, 2012, 07:54:30 AM
I tried it and had 650 Gh pointed at my pool within minutes.  Delivered the full amount, plus some.  Question is, at those prices who is buying shares and why?  I can just buy BTC from Gox for less.  BTW - I couldn't pay USD, only BTC.

If someone wants to pay me 3342 per share, heck lets talk - I got 8 G's
Interesting.... Always before it had been hours or even days.
This matches my recent experience, it was minutes at most.
It might even be practical to use GPUMax to hop...
Did you pay for higher priority?
Nope, 40000 shares, about 1.14BTC or so, started maybe 40 seconds later and delivered >49000 shares, got in the middle of an eclipseMC good luck run and got paid 1.77BTC  Smiley
hero member
Activity: 560
Merit: 500
I am the one who knocks
September 05, 2012, 07:34:16 AM
I tried it and had 650 Gh pointed at my pool within minutes.  Delivered the full amount, plus some.  Question is, at those prices who is buying shares and why?  I can just buy BTC from Gox for less.  BTW - I couldn't pay USD, only BTC.

If someone wants to pay me 3342 per share, heck lets talk - I got 8 G's
Interesting.... Always before it had been hours or even days.
This matches my recent experience, it was minutes at most.
It might even be practical to use GPUMax to hop...
Did you pay for higher priority?
hero member
Activity: 560
Merit: 500
I am the one who knocks
September 05, 2012, 07:33:50 AM
I should add that I paid a tx fee at MtGox
I am missing context on this.
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