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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 132. (Read 318060 times)

hero member
Activity: 501
Merit: 500
If you're mining blocks anyway, why wait until 1BTC has been accumulated, why not just send it out smaller amounts weekly or monthly? Or are payments being managed manually for now?

It is everything automated. 1 BTC is a fair amount (people won't starve because they're waiting their 1 Bitcoin back) and allows to reduce the quantity of transactions (and costs, not only bitcoin fees - I am referring to keeping logs, consistency and everything related).
sr. member
Activity: 389
Merit: 250
If you're mining blocks anyway, why wait until 1BTC has been accumulated, why not just send it out smaller amounts weekly or monthly? Or are payments being managed manually for now?

Edit: Some lower floor would probably still make sense, but it seems like it could be much lower than current (0.01 maybe?)
sr. member
Activity: 336
Merit: 250
Question:

This account of mine has over 1 BTC pending rewards, I thought rewards were sent every 1 BTC?
http://www.pyramining.com/account/browse?id=t3s8g64x

Thanks! Excited about the upgrades.

http://www.pyramining.com/faq#howdoesitwork

Ah, it's my last payout. Of course. Sorry.
legendary
Activity: 1358
Merit: 1002
Question:

This account of mine has over 1 BTC pending rewards, I thought rewards were sent every 1 BTC?
http://www.pyramining.com/account/browse?id=t3s8g64x

Thanks! Excited about the upgrades.

http://www.pyramining.com/faq#howdoesitwork
sr. member
Activity: 336
Merit: 250
Question:

This account of mine has over 1 BTC pending rewards, I thought rewards were sent every 1 BTC?
http://www.pyramining.com/account/browse?id=t3s8g64x


Thanks! Excited about the upgrades.
legendary
Activity: 1232
Merit: 1001
Just awesome pyramining.

Its really great to see that I have put my BTC in good hands  Cheesy

Happy Pyramining to everyone.
hero member
Activity: 501
Merit: 500
Works on the new infrastructure are almost completed. Now you can enjoy all the benefits of Pyramining. Thanks for your patience in the past few weeks.

Two news that might interest some of you:
1) There is another 120GH/s upgrade in progress, it will become operative on September.
2) We started working on our own ASIC infrastructure (not B*****F** L***), but it's too early to say anything more about it.

Happy Pyramining!
sr. member
Activity: 457
Merit: 251
Beautiful results  Grin Got three payments in one day. GO PYRAMINING  Cheesy
newbie
Activity: 29
Merit: 0
It was down for maintenance. I will manage a way to put up a notice for the next time. By the way, new infrastructure is online, I didn't finish yet but from now on, you should see an increase in rewards. I'll work hard Saturday and Sunday too.

I definitely see a change in my rewards. Already got three times my usual reward today!!

Great news Smiley
hero member
Activity: 501
Merit: 500
It was down for maintenance. I will manage a way to put up a notice for the next time. By the way, new infrastructure is online, I didn't finish yet but from now on, you should see an increase in rewards. I'll work hard Saturday and Sunday too.
hero member
Activity: 742
Merit: 500
Any way we could get a "Pyramining is down for maintenance" splash page or something if you take it down for maintenance?  I understand you need to do this from time to time, and I understand down time is not always expected.  I'm just jittery because you have my bitcoins Smiley

Thanks.
hero member
Activity: 742
Merit: 500
Down again?  Estimated when it will be back up?
hero member
Activity: 501
Merit: 500
Its just that mining rewards are constantly going down day after day after day.....even as the first box was added, the break even time went out to 10 months

That is because many new accounts/deposits have been made, and resources are split among them. New accounts exceeded the hashing power of 1 box. Maybe the news of the incoming infrastructure had this consequence. However I invite you all to comment after the work will be finished, expecially because we're just 1 or 2 days from it.
hero member
Activity: 501
Merit: 500
There is 3 days max left for the new hardware to be installed. So until then, nothing fishy is going on. Am I anxious to see the hashing rate double, you bet, but I am being patient.

Thanks for understanding. There is really a lot of work to assemble all that stuff, and very simple things like taking heat sinks out of the boxes and mount & fix those tiny clips in the exact position to fit them on the boards (600 pieces! It took more than one day only for this), or putting thermal paste on the surface of the chips without splashing it all around the board need a lot of time and patience.

Instead of building one box at a time (it would have taken much more time), I decided to assemble all rack-cases, prepare all the heatsinks, put thermal paste on all the chips, mounting all heatsinks, flashing all the firmware on the units and test them, and so on. That's why all the units will be all ready at the same time.

I had also to patch the management software for a bug discovered with new hardware (now it's working properly).

I'm at the point of putting boards into rack cases. Most probably before friday night (less than 1 day) I will be able to finish the work. If not, it will be the day after, and I am sure that everyone will be more than satisfied from the results. I know that working under pressure makes people more productive, and everybody is anxious to see bigger rewards, but it's not the case to say that's there's something "fishy"! If any of you want to come and see in person (or help me with the assembly), you're welcome!
member
Activity: 69
Merit: 10
A feature request please.

On the following page: http://pyramining.com/account/referrals

Will we be able to see the account label attached to the referral link. This is useful if we plan to perform certain actions with referrers and need a way to verify account label to referer link.

Thanks
newbie
Activity: 29
Merit: 0
Yeah : We have superstatistics :   only 67 BTC for next GH/s    hashing power supposedly goes up to 14,8 MH per BTC  , 120 GH will be added.....so lets advertise!!

Its just that mining rewards are constantly going down day after day after day.....even as the first box was added, the break even time went out to 10 months

if thats the plan to return invested capital on the new infrastructure ......... we provide.......break even is put out to never been seen again....something fishy here

and its not even in the referral scheme Undecided

There is 3 days max left for the new hardware to be installed. So until then, nothing fishy is going on. Am I anxious to see the hashing rate double, you bet, but I am being patient.

Have faith, and imagine that what you want is already there, instead of producing negative energy Smiley
legendary
Activity: 1232
Merit: 1001
Hy zyk,

I'm not a 100% shure that I'm gettig what you are trying to say.

But if I look at my payouts, they stay roughly the same (slightly decreasing though).

I think payramining mines into a wallet and when this wallet reaches a certain ammount it is distributed to all accounts, wich means you reward will go down with every new account opend, but the time from one reward to the next will decrease with new hardware added.

Kind Regards
zyk
full member
Activity: 224
Merit: 101
Yeah : We have superstatistics :   only 67 BTC for next GH/s    hashing power supposedly goes up to 14,8 MH per BTC  , 120 GH will be added.....so lets advertise!!

Its just that mining rewards are constantly going down day after day after day.....even as the first box was added, the break even time went out to 10 months

if thats the plan to return invested capital on the new infrastructure ......... we provide.......break even is put out to never been seen again....something fishy here

and its not even in the referral scheme Undecided
sr. member
Activity: 261
Merit: 250
so after this update we will have ~ 14.8 MH/BTC?
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