I am sure they said late Oct which has since become early November. I havent seen any further delay since then.
havent seen any more delay no, but i have seen a increase in speed on the riggs! /drool
Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 116. (Read 318060 times)
October 02, 2012, 03:52:09 PM
havent seen any more delay no, but i have seen a increase in speed on the riggs! /drool
October 02, 2012, 01:06:55 PM
I am sure they said late Oct which has since become early November. I havent seen any further delay since then.
October 01, 2012, 01:08:18 AM
Bring on the ASIC. I am begining to doubt that BFL will deliver in 4 weeks as promised, so if Pyramining can develop something over the next few months, that would be awesome.
I know BFL quotes are currently in November, I want to say I saw November 20th somewhere, but not as often. So possibly 7 weeks from now? September 30, 2012, 04:52:47 PM
Bring on the ASIC. I am begining to doubt that BFL will deliver in 4 weeks as promised, so if Pyramining can develop something over the next few months, that would be awesome.
September 28, 2012, 10:20:59 AM
I would agree that it looks as though he is developing (or at least involved with developing) some form of ASIC himself. I would not want to pre order anything at this stage from any of the companies as they have so far proved nothing and w ehave no idea when delivery might be (apart from a vauge indication from BFL - but with no actual product this may well slip).
I am happy with the current situation. If we start to get left behind, Pyramining may need to look at buying in some ASIC hardware from existing manufacturers.
I am happy with the current situation. If we start to get left behind, Pyramining may need to look at buying in some ASIC hardware from existing manufacturers.
September 28, 2012, 07:39:01 AM
The trouble with ASIC is that it doesnt exist yet. You can take the deposits and pre order and have no idea when it will arrive, or you can buy proven technology until something else is availiable. BFL may still not be the first to produce ASIC, so it is probably prudent to wait and see!
My impression so far has also been that pyramining wants to develop its own ASIC chips similarly to how it worked out its own FPGA stuff. So when BFL or anyone else comes out with their chips isn't relevant to when Pyramining does. Besides, ordering from anyone at this point puts Pyramining closer to the back of the line, no point in getting stuck there.My worry is mostly that the ASICs that trickle in during new deposits will keep hash rates lower while everything is on hold waiting for new deposits, which would then discourage new deposits since they'd be paying to help upgrade everyone else. Which sticks everyone in a lose-lose situation if I'm correct and pyramining hasn't already figured out how to deal with it.
Edit:
So, it is quite interesting that, in the end, it seems that between BFL and Avalon asic race, Pyraminng will get the technology first! 
Haha, wouldn't that be awesome? September 28, 2012, 05:39:57 AM
Fingers crossed!
September 28, 2012, 05:35:20 AM
So, it is quite interesting that, in the end, it seems that between BFL and Avalon asic race, Pyraminng will get the technology first!
rofl +1
September 28, 2012, 02:54:55 AM
So, it is quite interesting that, in the end, it seems that between BFL and Avalon asic race, Pyraminng will get the technology first!
September 28, 2012, 02:16:41 AM
The trouble with ASIC is that it doesnt exist yet. You can take the deposits and pre order and have no idea when it will arrive, or you can buy proven technology until something else is availiable. BFL may still not be the first to produce ASIC, so it is probably prudent to wait and see!
September 27, 2012, 06:04:20 PM
Happy to read you have finally decided to look deeper into investing in ASIC.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
It's not a problem anyway: investing now means starting to get earnings at current difficulty. When difficulty will increase due to ASIC depolyments, even Pyramining hashing power will increase rapidly. The transition should be almost seamless therefore there's no point in investing now vs next year.
FYI, it's not official yet, but there are chances that new infrastructure will come before January '13.
Or is there currently another plan for the ASIC upgrade that avoids the latter point? and I assume getting the first ASICs just happens when it does, shouldn't really be a huge issue long-term.
Edit: To anyone who thinks I'm making this sound scary, I'm invested into pyramining with some of the few bitcoins I have, and I'm excited for the upgrade and probably will be buying more when I can. I believe this is a solid platform that will preform well in the end one way or another.
September 27, 2012, 08:56:24 AM
Happy to read you have finally decided to look deeper into investing in ASIC.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
It's not a problem anyway: investing now means starting to get earnings at current difficulty. When difficulty will increase due to ASIC depolyments, even Pyramining hashing power will increase rapidly. The transition should be almost seamless therefore there's no point in investing now vs next year.
FYI, it's not official yet, but there are chances that new infrastructure will come before January '13.
September 27, 2012, 08:04:00 AM
Thats excellent news. Many Thanks
September 27, 2012, 07:06:52 AM
Happy to read you have finally decided to look deeper into investing in ASIC.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
As it can now considered fact, that ASICs will come in the next months (at least one of the developers will be able to deliver).
I would also say that it might be a smart move not to invest new deposits immediately intro FPGAs, than to put them aside and invest them when it is clear what will be next best move.
September 27, 2012, 07:01:29 AM
That is a really incredible leap in technology considering that the current infrastructure is around 10 MH/btc.
Is there any advantage to waiting to make additional deposits with pyramining until this new hardware is available? Or will all existing accounts benefit equally with new deposits that come in later?
Is there any advantage to waiting to make additional deposits with pyramining until this new hardware is available? Or will all existing accounts benefit equally with new deposits that come in later?
It will benefit equally everyone, existing accounts are protected.
September 27, 2012, 06:53:21 AM
ASIC update: it's not official yet, but we are in the order of 540MH/btc with next generation infrastructure. We're working hard on it.
That is a really incredible leap in technology considering that the current infrastructure is around 10 MH/btc.
Is there any advantage to waiting to make additional deposits with pyramining until this new hardware is available? Or will all existing accounts benefit equally with new deposits that come in later?
September 27, 2012, 06:47:47 AM
ASIC update: it's not official yet, but we are in the order of 540MH/btc with next generation infrastructure. We're working hard on it.
September 26, 2012, 05:44:59 PM
People now advertising rivals in thread! Different to links I suppose!
September 26, 2012, 03:15:48 PM
damnit, why dont i have 2-3k btc too put into this 
September 26, 2012, 09:54:05 AM
Do you need to get out of Pyramining because of upcoming necessities?
Please, contact us for a proposal at: [email protected]
Thank you!
Please, contact us for a proposal at: [email protected]
Thank you!
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