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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 19. (Read 318060 times)

hero member
Activity: 798
Merit: 1000
I'm getting little bursts of payouts!  Yea!  Nice to see some movement again.

I'm getting around 0.00009 "rewards" every 6-10 days.  That 100BTC will be paid off in no time.

I haven't had a payout (over 5 accounts) since January.
hero member
Activity: 742
Merit: 500
I'm getting little bursts of payouts!  Yea!  Nice to see some movement again.
newbie
Activity: 3
Merit: 0
it is not fair, to push ten single accounts.
maybee this are friends and family from pyramining?
Prya isn't pushing the ten oldest accounts, but the ten oldest uncompleted deposits and when one of them is completed the power will go to the next oldest and eventually all of the older will be completed
sr. member
Activity: 251
Merit: 250
it is not fair, to push ten single accounts.
maybee this are friends and family from pyramining?
legendary
Activity: 994
Merit: 1000

And it seems that the top account of my chain isn't even among the oldest 10! Cry

How can you know that? And you know that it is not only going to payout the oldest 10 and then stop?

Well, the ''Rewarded amount'' of the top account of this chain isn't moving at all...
With 2.4 Th/s it would move a significant amount/day.

Yes i know.

How about an update Pyra?

Here is the one at the top of my chain before and after the latest rewards.

Before
Status:   active
Total deposited amount:   460.26001111
Rewarded amount:   145.05625443
Sent amount:   145.05412268
Completion:   27%

Total deposited amount:   460.26001111
Rewarded amount:   146.62295011
Sent amount:   146.62196188

It looks like this account got 1.57btc from the last rewards.

I have been running #s and something doesn't add up. It would be nice if pyra would weigh in here.
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!

And it seems that the top account of my chain isn't even among the oldest 10! Cry

How can you know that? And you know that it is not only going to payout the oldest 10 and then stop?

Well, the ''Rewarded amount'' of the top account of this chain isn't moving at all...
With 2.4 Th/s it would move a significant amount/day.

Yes i know.

How about an update Pyra?


 
legendary
Activity: 994
Merit: 1000

And it seems that the top account of my chain isn't even among the oldest 10! Cry

How can you know that? And you know that it is not only going to payout the oldest 10 and then stop?
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Yes me too... hope we see a fractional amount some day...
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
I feel like I'm never going to get my small deposit back. Over a year is under 3%
legendary
Activity: 994
Merit: 1000
What I think should absolutely be happening is that any account that has had payouts exceeding the amount the initially deposited should be paused.  Hash power should be directed at those of us who have yet to see, and are far from, a return.

Of course that select group of people will disagree, but that's too bad as far as I'm concerned.  You're in profit while most of us aren't remotely close.

I completely agree with this. Maybe even flip things around and focus on paying out the smallest deposits first. When I first signed up I used quite a few faucets to fund my accounts before I put "real" money in. I have a TON of micro deposits and I am sure there are many others as well.
This might act as a kickstarter, when people see their smallish deposits get paid out they might reinvest with more.
hero member
Activity: 798
Merit: 1000
What I think should absolutely be happening is that any account that has had payouts exceeding the amount the initially deposited should be paused.  Hash power should be directed at those of us who have yet to see, and are far from, a return.

Of course that select group of people will disagree, but that's too bad as far as I'm concerned.  You're in profit while most of us aren't remotely close.
legendary
Activity: 994
Merit: 1000
I think you are being massively optimistic.  In the accounts you quoted above(which is a single chain), two accounts had over 400 BTC with a combined total of 646 BTC remaining.  The bonus for these accounts would be at least 10% adding another 64 BTC to them but Ill assume a total of 700 BTC.

30 THash will bring in approx 1.7 BTC per day (dropping to 1.55 BTC per day next difficulty and continuing to decrease).

So assuming its 1.55 BTC enduring and the 30 THash are allocated across 10 accounts (3 THash each- 0.155 BTC per day per account), these two accounts would take 2258 days to clear.

And this does not allow for difficulty increases or other accounts.  I have at least 1000 BTC in my up chain and again, this is a single chain.

Any bonus should not be used to 'clear out' old accounts, but rather split evenly across all accounts so we all benefit a little and dont have to wait decades to see any benefit.

I thought this is what we signed up to, a pyramid type pool, where older adopters benefited and were not written off!

I too was prepared for us to just split the new hardware and would prefer it that way.
I don't feel I am being too optimistic, previously we saw deposits being finished with every reward.
You looked at the total amounts, but not the % completion. There is also the referral bonus that gets kicked back down chain when an account is complete.

Perhaps pyramining will see fit to up the split to 20 or 30 deposits, so its less likely that the queue gets clogged with the larger deposits.
I am also curious how this will work with the accounts with very large referral bases?
1 of the accounts in that list has 1559btc left to payout on a 460btc balance thanks to referrals. NOTE: I have nothing against a referral system, I am simply curious how this 10deposit attack will work with those accounts, will they payout 110% and then pay the rest as the downline gets paidout? Or will it stay in the queue until, for that account I referenced, it pays out the entire 1559btc left?

I am also hopeful that pyra has plans to bring more hardware online when the price begins to rise again.
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!
Well, I joined Pyramining 2012-06-18.

Bitcoins that have to be mined for accounts above me: around 155.

And it seems that the top account of my chain isn't even among the oldest 10! Cry


hero member
Activity: 868
Merit: 500
I think you are being massively optimistic.  In the accounts you quoted above(which is a single chain), two accounts had over 400 BTC with a combined total of 646 BTC remaining.  The bonus for these accounts would be at least 10% adding another 64 BTC to them but Ill assume a total of 700 BTC.

30 THash will bring in approx 1.7 BTC per day (dropping to 1.55 BTC per day next difficulty and continuing to decrease).

So assuming its 1.55 BTC enduring and the 30 THash are allocated across 10 accounts (3 THash each- 0.155 BTC per day per account), these two accounts would take 2258 days to clear.

And this does not allow for difficulty increases or other accounts.  I have at least 1000 BTC in my up chain and again, this is a single chain.

Any bonus should not be used to 'clear out' old accounts, but rather split evenly across all accounts so we all benefit a little and dont have to wait decades to see any benefit.

I thought this is what we signed up to, a pyramid type pool, where older adopters benefited and were not written off!
legendary
Activity: 994
Merit: 1000
Pyramining: An update would be appreciated.
On the 27th you said the last bit of hardware would be installed in approx 10 days. Is that the case?
legendary
Activity: 994
Merit: 1000
Factor in pyra saying that there isn't a lot of large deposits and I don't think we will be waiting that long.

Well I have a 100btc deposit from early 2013, that's 5% complete and getting 3.4 GH/s.

Don't hold your breath.

Thats exactly what I am talking about.
The deposits much larger and older than ours were on average 70% complete. This stat alone bodes well for how long it will take for us to see that hashing power hit our deposits.

I'd consider mine a large deposit Smiley  Are we talking deposits in the thousands?  I'm not sure that's been established.



There are a couple of 2000btc deposits I believe, however I am pretty sure most are below 1000. Here is a list of the deposits above me that aren't complete. Again, this is straight up the chain with no wandering.

For reference, I created my first account 2-19-13 and made my first deposit 2 days later.

Status:   active
Total deposited amount:   10.00000000
Rewarded amount:   10.78134688
Sent amount:   10.77386958
Completion:   55%

Status:   active
Total deposited amount:   8.50000000
Rewarded amount:   18.21176785
Sent amount:   18.20902052
Completion:   94%

Total deposited amount:   10.28687931
Rewarded amount:   390.93677378
Sent amount:   390.93467570
Completion:   92%

Total deposited amount:   250.11547159
Rewarded amount:   280.86868397
Sent amount:   280.86393634
Completion:   99%

Total deposited amount:   100.20000000
Rewarded amount:   108.53217130
Sent amount:   108.52848873
Completion:   89%

Total deposited amount:   451.10003333
Rewarded amount:   120.20002855
Sent amount:   120.19030316
Completion:   23%

Total deposited amount:   460.26001111
Rewarded amount:   145.05625443
Sent amount:   145.05412268
Completion:   27%
hero member
Activity: 798
Merit: 1000
Factor in pyra saying that there isn't a lot of large deposits and I don't think we will be waiting that long.

Well I have a 100btc deposit from early 2013, that's 5% complete and getting 3.4 GH/s.

Don't hold your breath.

Thats exactly what I am talking about.
The deposits much larger and older than ours were on average 70% complete. This stat alone bodes well for how long it will take for us to see that hashing power hit our deposits.

I'd consider mine a large deposit Smiley  Are we talking deposits in the thousands?  I'm not sure that's been established.
legendary
Activity: 994
Merit: 1000
Factor in pyra saying that there isn't a lot of large deposits and I don't think we will be waiting that long.

Well I have a 100btc deposit from early 2013, that's 5% complete and getting 3.4 GH/s.

Don't hold your breath.

Thats exactly what I am talking about.
The deposits much larger and older than ours were on average 70% complete. This stat alone bodes well for how long it will take for us to see that hashing power hit our deposits.
legendary
Activity: 1498
Merit: 1000
2013-04-16 1 year now
Total deposited amount:   0.10518028 BTC
Total allocated hashing power:   21.0 MH/s
Current bonus:   10.0%
Average bonus:   9.9%
Pending rewards:   0.00330521 BTC
Sent rewards:   0.0 BTC
Last update:   2013-04-15 21:43:07 UTC

with this money I can 17GH/s for 5 years on pbmining
and everey week payout

Do you know the difference between contracts and investments. Contracts are for people that believe 17GH/s are going to be sufficient for those 5 years. Investments in pyramining means you believe that enough people will sign up in upcoming time, that it will keep your investment profitable.

It isn't hard to understand and it morons like you that spread this FUD, and hurt the investment for everyone. So maybe think before posting.
hero member
Activity: 798
Merit: 1000
Factor in pyra saying that there isn't a lot of large deposits and I don't think we will be waiting that long.

Well I have a 100btc deposit from early 2013, that's 5% complete and getting 3.4 GH/s.

Don't hold your breath.
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