Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 108. (Read 318060 times)

I made a BTC9.90001111 deposit to top up a BTC0.10001111 deposit to meet your BTC10.00001111 threshold for the ASIC deposit bonus.

https://blockchain.info/tx/ec4e8a43769d76994272eee413e97bd3daeeb1605b6f22f21da5f74644d8b72e

Yet on my Pyramining account page it shows up as a FPGA deposit of BTC9.9000111

You're missing the 0.5% transaction fee, that helps me cover administration costs. It's explained in the F.A.Q.

I notice that my account says "Sent rewards:   3.01005026 BTC", however if I look in the full transaction list it only shows two payouts of 1 BTC each. Am I missing something?

Awesome, thanks for the answer.

I apologize if I didn't understand the question correctly. The interval is almost random: each time Pyramining receives a payment from one of its pools, and the transaction is confirmed, the amount becomes available for distribution. The distribution procedure is launched hourly, and it kicks in if there are any credits available.

Indeed, that question I knew the answer to. I asked something different though.  I wanted to know if there was a regular interval of the 'rewards on deposit XXXXXX' not when the payouts occur. IE when the pending rewards increases. Or if the interval is fairly random.

It has already been explaned several times, and it's also written inside the FAQ. Payouts are automatically made each time your balance reaches 1.00502512 BTC (subtracting 0.5% fee = 1 BTC). If it's the last payment (example: it remains 1.83 BTC to complete the account), payment will be delayed until the full amount is reached.

So, I'm very sorry if this is a newbie question that's been answered multiple times.

How often do 'rewards on deposits' occur? Or is there no real way to estimate that?

Not that much, it's about 6kW in total, it keeps the room warm during winter! :-)

I've seen it too and it looks awesome. Wonder how much heat does it generate.

Great idea. I'm going to open my 4th account at your site and add at least 10 BTC to the ASIC pre-order. That's my support for you.

Write me a PM with the account label, and I will see why the deposit isn't recognized as ASIC.

hi, i deposited 8.00001111 btc and it is not recognized as ASIC deposition.
How can i change this?
thanks

Damn, now I just need 10 BTC.

^^ Cool, now nothing is holding me back to make ASIC deposits.

I thought about the plan to support ASIC deposits and Pyramining in general. Instead of just giving a bigger starting bonus to ASIC deposits or create my accounts under random existing accounts, I am planning to do the following:

For accounts that have a sum of ASIC deposits of at least 10 BTC, deposited before 30th November 2012, I will create an account using them as sponsor and deposit 50% of the ASIC deposits amount in it, up to a total of at least 2000 BTC (coming from my personal funds). If the total amount to deposit will be bigger than 2000 BTC, deposits will be scaled down proportionally.

The budget of 2000 BTC is guaranteed, but it may increase.

This opportunity is valid also for existing deposits.

I set a threshold to 10 BTC because it would take a lot of time to create accounts and deposit 0.005 BTC for hundred deposits of 0.01 BTC. :-) I hope you also agree that it's reasonable.

If you already deposited under 10 BTC and you want to take this opportunity, you can make another deposit on the same account in  order to reach a total of at least 10 BTC.

Advantages:
- Overall hashing power is increased, old FPGA accounts will not be a "burden", to the advantage of everyone.
- ASIC early adopters will get 5% bonus increase for my referral / deposit.
- ASIC early adopters will have a faster ROI (speedup due to 15% of my mined BTC going to the sponsor).
- I will get this investment back together with you.

I think a lot of people will enjoy the extra benefit of owning the extra merged-mined coins more than just there financial value.  If you told people they could receive payments in four other alt-coins as well as their BTC payments I'm sure people would like it and invest more.  Also if maybe you offered people the option to re-invest in Pyramining with these alt-coins even tho there value is very low, then that also might make Pyraming seem more interesting?

Agreed.  And he is as good as his word.

I recently discovered a minor bug- The balance would not update properly if you redeposited.  the system still worked but the display didnt show it.  When I pointed this out, he thanked me and made a deposit under my account!

I am definately sold on Pyramining!!

Wow. 

Not much else to say.  It is great to see that you are willing to invest your own money to help out the group.  Thanks again for your outstanding commitment to, and execution of this project. 

Wow, that's a word. You could combine this with a way to make depositing in ASIC infrastructure more interesting. Make it like kind of a lottery, each 0.25 BTC you deposited into pre ASIC buys you a ticket and a chance to be your sponsor. That should speed ASIC deposits up.