Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 111. (Read 318060 times)
October 22, 2012, 07:59:45 AM
It is not available even through the Tor.
October 22, 2012, 07:55:49 AM
same here...
October 22, 2012, 07:05:50 AM
Quote
We're sorry, but something went wrong.
Site down again?
No: http://downorisitjustme.com/res.php?url=http%3A%2F%2Fpyramining.com
But I can't reach it, too.
October 22, 2012, 06:48:33 AM
Quote
We're sorry, but something went wrong.
Site down again?
October 20, 2012, 11:31:33 AM
The website interface has been restored. I apologize for the long time taken by maintenance operations.
October 20, 2012, 07:54:59 AM
I configured a "courtesy" web server that will be active when I do maintenance. It's still rudimental, but better than nothing. I will improove it with time.
October 20, 2012, 02:47:11 AM
Maintenance is taking a bit more than expected. I updated to Bitcoin 0.7.1, and he complained about errors on the blockchain database. I deleted it and now it's still downloading. I expect it to take another couple of hours before restoring the website service.
https://bitcointalksearch.org/topic/beta-bitcoin-blockchain-torrent-117982 maybe this can speed things up
October 20, 2012, 02:55:22 AM
https://bitcointalksearch.org/topic/beta-bitcoin-blockchain-torrent-117982 maybe this can speed things up
It's already at height 196200, so I think we just have to wait. Thanks for the info, anyway.
October 20, 2012, 02:33:53 AM
Maintenance is taking a bit more than expected. I updated to Bitcoin 0.7.1, and he complained about errors on the blockchain database. I deleted it and now it's still downloading. I expect it to take another couple of hours before restoring the website service.
October 19, 2012, 06:15:38 PM
Pyramining website is undergoing maintenance, it will be back online shortly.
October 19, 2012, 02:03:51 PM
I just want to emphasize one thing: the "breakeven" and "complete reward" expected times that now are around 13 / 14 months, are based on CURRENT active mining infrastructure vs current difficulty. They don't take in consideration the new scenario with ASICs. When ASIC infrastructure will be added, I expect that they will shorten a lot (even if difficulty will hugely increase).
I would like to emphasise that the break even point quoted is only if you leave your investment and dont get any referals. I reached break even in approx 6 weeks!! Referals massively speed up the process.
October 18, 2012, 10:05:02 AM
I repeat my question. What would happen with our investments if seller of ASICs is a scam? Who is your vendor?
And I repeat the answer (it has been stated even in previous posts): I am not buying hardware from a vendor, we're developing our solution through a few partnerships with hardware designers. If well known vendors are a scam, it will mean that difficulty won't increase as much as expected and payments will happen much more quickly.
October 18, 2012, 09:54:10 AM
I repeat my question. What would happen with our investments if seller of ASICs is a scam? Who is your vendor?
And I repeat the answer (it has been stated even in previous posts): I am not buying hardware from a vendor, we're developing our solution through a few partnerships with hardware designers. If well known vendors are a scam, it will mean that difficulty won't increase as much as expected and payments will happen much more quickly.
October 18, 2012, 09:50:37 AM
I just want to emphasize one thing: the "breakeven" and "complete reward" expected times that now are around 13 / 14 months, are based on CURRENT active mining infrastructure vs current difficulty. They don't take in consideration the new scenario with ASICs. When ASIC infrastructure will be added, I expect that they will shorten a lot (even if difficulty will hugely increase).
I repeat my question. What would happen with our investments if seller of ASICs is a scam? Who is your vendor?Pyramining is not buying ASIC...... They are producing ASIC
October 18, 2012, 09:20:55 AM
I just want to emphasize one thing: the "breakeven" and "complete reward" expected times that now are around 13 / 14 months, are based on CURRENT active mining infrastructure vs current difficulty. They don't take in consideration the new scenario with ASICs. When ASIC infrastructure will be added, I expect that they will shorten a lot (even if difficulty will hugely increase).
I repeat my question. What would happen with our investments if seller of ASICs is a scam? Who is your vendor? October 18, 2012, 03:57:50 AM
I just want to emphasize one thing: the "breakeven" and "complete reward" expected times that now are around 13 / 14 months, are based on CURRENT active mining infrastructure vs current difficulty. They don't take in consideration the new scenario with ASICs. When ASIC infrastructure will be added, I expect that they will shorten a lot (even if difficulty will hugely increase).
October 18, 2012, 03:54:51 AM
Hmm, just one last question - I'm a bit confused about why ASICs and FPGAs are separated. If I invest in ASIC, I assume I won't get returns until the hardware ships?
ASIC and FPGA will be separated until ASIC will be put into production. At that time, there will be no difference: all deposits will buy ASIC only.
If you deposit normally, you instantly add ~ 12 MH per BTC. If you deposit for ASIC, you will add ~ 769 MH per BTC when they will be available, but in the meantime the deposit is "sleeping".
Does the ASIC pre-purchase still give bonus mining boosts to the upstream accounts even while dormant, save for not adding additional hashing power?
It will add mining boosts and bonuses when they will be activated.
October 18, 2012, 01:23:42 AM
Does the ASIC pre-purchase still give bonus mining boosts to the upstream accounts even while dormant, save for not adding additional hashing power?
October 17, 2012, 06:37:04 AM
Hmm, just one last question - I'm a bit confused about why ASICs and FPGAs are separated. If I invest in ASIC, I assume I won't get returns until the hardware ships?
October 17, 2012, 05:56:07 AM
I have 0.3 BTC - worth putting it in Pyramining or no?
It's recommended that you use larger amounts, of course with the asic preorder option that could pay off well come release of the asics. On the other hand you could always crowdfund it and invest it into one of my current proxy pyramining projects (see sig)
and that way your sum will be added in with others and the pyramining payouts will be returned in the form of dividends and you can sell your participation in the project any time you choose instead of having to wait the whole 12+ month time frame to have your investment break even 
It is a really good mining service though however you look at it! Thanks a bunch pyramining for this innovative approach to community mining cooperatives!
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