Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 112. (Read 318060 times)
October 17, 2012, 04:49:44 AM
I have 0.3 BTC - worth putting it in Pyramining or no?
October 16, 2012, 12:21:42 PM
What would happen with our investments if butterflies is a scam? 
Get paid faster?
October 16, 2012, 12:06:37 PM
What would happen with our investments if butterflies is a scam?
Get paid faster?
October 16, 2012, 12:04:42 PM
What would happen with our investments if butterflies is a scam?
October 16, 2012, 05:30:38 AM
would it be possible to change my payout address?
First thought this was dumb, then I checked and I've got an account pointing at an old GLBSE address, and as much trouble as has been had with everything else, I doubt there's anyway I can get Nefario to hand over the private keys. So is this possible?Write a PM with account details and some evidence that the account is yours. I will evaluate what can be done.
October 16, 2012, 05:15:40 AM
Even though I sent a PM about this, perhaps other users know the answer already or have the same question...
If an ASIC deposit is made does it just sit idle until the asics are setup or does it still earn rewards from existing hardware?
Thanks!
If an ASIC deposit is made does it just sit idle until the asics are setup or does it still earn rewards from existing hardware?
Thanks!
October 15, 2012, 10:59:06 PM
would it be possible to change my payout address?
First thought this was dumb, then I checked and I've got an account pointing at an old GLBSE address, and as much trouble as has been had with everything else, I doubt there's anyway I can get Nefario to hand over the private keys. So is this possible? October 15, 2012, 08:14:32 PM
I've sent 1.10001111 BTC to try this new feature, but my wallet tells that were sent x.xxxx1513 BTC. Is this correct? Is this amount with commision? Will it be added to the ASICs or to old FPGAs?
That amount includes your transaction commissions. It has been received as 1.10001111, and added to ASICs.
October 15, 2012, 07:49:43 PM
I've sent 1.10001111 BTC to try this new feature, but my wallet tells that were sent x.xxxx1513 BTC. Is this correct? Is this amount with commision? Will it be added to the ASICs or to old FPGAs?
That amount includes your transaction commissions. It has been received as 1.10001111, and added to ASICs.
October 15, 2012, 06:20:59 PM
Will splitting deposits work?
For example, I want to invest 1 BTC and make two deposits in the same account, one 0.5 BTC and one 0.50001111, then my account will increase by 1 BTC but 0.5 will not be used to buy FPGAs but explicit for ASICs?
For example, I want to invest 1 BTC and make two deposits in the same account, one 0.5 BTC and one 0.50001111, then my account will increase by 1 BTC but 0.5 will not be used to buy FPGAs but explicit for ASICs?
Yes it works. You can also deposit with x.xxxx1111 on existing accounts, and they will be used for ASIC only.
October 15, 2012, 06:27:16 AM
I seem to have forgot my deposit address.. Guess I'll have to create a new one then :/
Here's two links:
http://www.pyramining.com/referral/a4g3kdnhb 2012-10-16 07:06:46 UTC still active
http://www.pyramining.com/referral/zfhd3gstq 2012-10-16 07:06:46 UTC still active
Here's two links:
http://www.pyramining.com/referral/a4g3kdnhb 2012-10-16 07:06:46 UTC still active
http://www.pyramining.com/referral/zfhd3gstq 2012-10-16 07:06:46 UTC still active
October 15, 2012, 03:54:32 AM
Awesome news again! And interesting investment mechanism on top of that. I assume that like FPGA setup, you aren't planning on selling this to the public?
Selling to the public is not our priority: our software has not an user-friendly interface, we concentrate all our efforts on performances, and we don't have an helpdesk. Improoving software, adding helpdesk and so on, would only increase costs therefore reducing the margin that is making Pyramining extremely competitive.
and pyramining's specs remain constant (they may also improve) 1.3 is a lot better.
The announced performances are the minimum guaranteed, but there is still a LOT of margin for improovement.
October 14, 2012, 09:02:54 PM
Awesome news again! And interesting investment mechanism on top of that. I assume that like FPGA setup, you aren't planning on selling this to the public?
For anyone else wondering at the same exchange rate ($11.94/BTC) BFL's minirig costs ~1.6888 GH/BTC (Though they've said the performance specs may be increased some again depending on how fast they can clock it and stay inside thermal constraints), but assuming they don't get another 30% from here, and pyramining's specs remain constant (they may also improve) 1.3 is a lot better.
For anyone else wondering at the same exchange rate ($11.94/BTC) BFL's minirig costs ~1.6888 GH/BTC (Though they've said the performance specs may be increased some again depending on how fast they can clock it and stay inside thermal constraints), but assuming they don't get another 30% from here, and pyramining's specs remain constant (they may also improve) 1.3 is a lot better.
October 14, 2012, 07:32:40 PM
what is with automatically investments from rewards in an other account. this are allways 1 btc. so it is automatically investet in older hardware?
If you chained some accounts, and one deposits its reward into the other, the result is that you invest in the "current" technology. It means FPGA for now, and ASIC from the day they will be in production (obviously, the day ASIC will be ready, all the deposits will purchase ASIC hardware only).
However, currently, you have 1 chance on 10000 that the automatic deposit will go into ASIC. :-)
October 14, 2012, 07:28:20 PM
I deposited a small ASIC amount to try it out. Now the deposit is "sitting" in my account waiting to be used for ASIC, and therefore doesn't give any returns. So its basically a prepurchase.
But, as I understand it, the hashing power, once available, will be spilt through all accounts based on their deposits.
So poeple making normal deposits, will get FPGA returns now and ASIC returns later, while ASIC deposits will only get the later returns.
So what should my be intention to provide funds for the ASICs?
But, as I understand it, the hashing power, once available, will be spilt through all accounts based on their deposits.
So poeple making normal deposits, will get FPGA returns now and ASIC returns later, while ASIC deposits will only get the later returns.
So what should my be intention to provide funds for the ASICs?
The difference is this: if you deposit with current infrastructure, you add around 12 MH for each BTC, while with ASICs you get 763 MH for each BTC. All the added mining power will benefit every user, increasing the efficiency of all accounts. It's up to the investor deciding if it is better to deposit with current infrastructure and waiting for other deposits to increase the available hashing power, or to wait for ASIC units to be effective.
For other Pyramining members is not much different if you hold your deposits and send them when ASICs are in production or if you deposit now with the new feature.
For Pyramining, having that kind of "pre-purchase" is helpful, because it contributes to an accurate planning and ordering of the correct quantities to the production chain, and reduce as much as possible the waiting times (and for who made the deposit there is a good chance to get on the "first train").
A simple way to address this issue would be IMO, to raise the bonus for people make ASIC pre-deposits (maybe by 5%).
Once ASICs are available this bonus will return to the standard 10%. This way people depositing for ASIC infrastructure would benefit from their early investment.
Once ASICs are available this bonus will return to the standard 10%. This way people depositing for ASIC infrastructure would benefit from their early investment.
Yes, it's something I already thought about. I have to do some more calculations before adding such rules, and since deposits are in a "separate" balance, I can eventually announce this special bonus even later. However don't count on this, yet.
October 14, 2012, 06:03:49 PM
hi pyramining
what is with automatically investments from rewards in an other account. this are allways 1 btc. so it is automatically investet in older hardware?
what is with automatically investments from rewards in an other account. this are allways 1 btc. so it is automatically investet in older hardware?
October 14, 2012, 04:48:27 PM
Hi pyramining.
I deposited a small ASIC amount to try it out. Now the deposit is "sitting" in my account waiting to be used for ASIC, and therefore doesn't give any returns. So its basically a prepurchase.
But, as I understand it, the hashing power, once available, will be spilt through all accounts based on their deposits.
So poeple making normal deposits, will get FPGA returns now and ASIC returns later, while ASIC deposits will only get the later returns.
So what should my be intention to provide funds for the ASICs?
A simple way to address this issue would be IMO, to raise the bonus for people make ASIC pre-deposits (maybe by 5%).
Once ASICs are available this bonus will return to the standard 10%. This way people depositing for ASIC infrastructure would benefit from their early investment.
I deposited a small ASIC amount to try it out. Now the deposit is "sitting" in my account waiting to be used for ASIC, and therefore doesn't give any returns. So its basically a prepurchase.
But, as I understand it, the hashing power, once available, will be spilt through all accounts based on their deposits.
So poeple making normal deposits, will get FPGA returns now and ASIC returns later, while ASIC deposits will only get the later returns.
So what should my be intention to provide funds for the ASICs?
A simple way to address this issue would be IMO, to raise the bonus for people make ASIC pre-deposits (maybe by 5%).
Once ASICs are available this bonus will return to the standard 10%. This way people depositing for ASIC infrastructure would benefit from their early investment.
October 14, 2012, 04:02:08 PM
What about making two different deposit addresses?
I thought about it, but there are already more than 2K addresses in the wallet.dat, and it would mean doubling them all (heavily slowing bitcoind). It seems that the x.xxxx1111 method fits better.
https://blockchain.info/api/api_receive
Seems to fit your needs.
October 14, 2012, 02:36:36 PM
What about making two different deposit addresses?
I thought about it, but there are already more than 2K addresses in the wallet.dat, and it would mean doubling them all (heavily slowing bitcoind). It seems that the x.xxxx1111 method fits better.
October 14, 2012, 02:19:19 PM
What about making two different deposit addresses?
Jump to: