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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 2. (Read 318060 times)

full member
Activity: 158
Merit: 100
sr. member
Activity: 450
Merit: 250
so... you invested when bitcoin was worth less, before asic mining, when the difficulty was MUCH lower, and before the halving...

you get the hashpower from the time you invested, perpetually, until you are repaid with your bonus.

spare pyra hashpower (not already allocated to existing deposits) is devoted to crediting the oldest deposits first, and the bitcoin you earn, is after expenses are paid... so as the value of bitcoin drops, the returns are lower, and as it rises, the returns are higher.

you not understanding the details of your investment, does not make pyra a scam.

=squeak=
sr. member
Activity: 252
Merit: 250
pyramining is a scam    I deposited  4btc in 2012 and only have gotten back  1.72864326 btc



Label

Date

Deposited

Power

Completion

k87b92pm 2012-08-13 21:36:25 UTC 4.0 34.0 MH/s 39.2%


34mh/s                  
This Difficulty
 Coins Dollars
per Day 0.00000032 BTC $0.00
per Week 0.00000221 BTC $0.00
per Month 0.00000959 BTC $0.00
 lets see how many years to mine a bitcoin

Days to generate one BTC: 3173072.62 Days

lets see 3173072.62 / 365 =8693.349643835616 years







A scam is if you got nothing back entirely..

This should be looked as a high level risk of investment w. bad margins, and shouldnt be expexted anything more then that.

This is similar to a mlm where you life blood of making btc is based on referrals.
sr. member
Activity: 438
Merit: 250
pyramining is a scam    I deposited  4btc in 2012 and only have gotten back  1.72864326 btc



Label

Date

Deposited

Power

Completion

k87b92pm 2012-08-13 21:36:25 UTC 4.0 34.0 MH/s 39.2%


34mh/s                   
This Difficulty
 Coins Dollars
per Day 0.00000032 BTC $0.00
per Week 0.00000221 BTC $0.00
per Month 0.00000959 BTC $0.00
 lets see how many years to mine a bitcoin

Days to generate one BTC: 3173072.62 Days

lets see 3173072.62 / 365 =8693.349643835616 years





legendary
Activity: 2128
Merit: 1002
My latest payment was late April 2015.  I think its still running but just doesn't generate much at all, so pays out very rarely.

how much did you deposit here?
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
I received a flurry of very low value payments last week.  Looks like he has lowered the payout threshold again.


I have just checked and it looks like I was wrong.  The accounts dont seem to be paying out at a lower threshold. 

Bizzare
Account value displayed to sell, also dropped
sr. member
Activity: 358
Merit: 250
I received a flurry of very low value payments last week.  Looks like he has lowered the payout threshold again.


I have just checked and it looks like I was wrong.  The accounts dont seem to be paying out at a lower threshold. 

Bizzare
legendary
Activity: 994
Merit: 1000
From the site
Quote
Maintenance in progress (after general system update there are some problems with webserver, the site is not under heavy load, fixing in progress...).
hero member
Activity: 756
Merit: 500
woah heavy load. How many people can possibly be interested.

This is a joke
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
This website is under heavy load

We're sorry, too many people are accessing this website at the same time. We're working on this problem. Please try again later.

yes, very fun Smiley
sr. member
Activity: 251
Merit: 250
This website is under heavy load

We're sorry, too many people are accessing this website at the same time. We're working on this problem. Please try again later.
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
yes, great! reward for last month 8 satoshi Grin

That'll pay off your retirement someday.   Cheesy
yes, so wait remained quite low Grin
hero member
Activity: 756
Merit: 500
yes, great! reward for last month 8 satoshi Grin

That'll pay off your retirement someday.   Cheesy
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
yes, great! reward for last month 8 satoshi Grin
sr. member
Activity: 358
Merit: 250
Site appears to be back up.  I have logged into several of my accounts and all seems OK, including recent credits!
sr. member
Activity: 358
Merit: 250
Agreed, however, the difficulty has been increasing at a greater rate, so we will still get less.
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
Due to the increased value of BTC the last month maintenance fee should be cheaper
sr. member
Activity: 358
Merit: 250
My latest payment was late April 2015.  I think its still running but just doesn't generate much at all, so pays out very rarely.
legendary
Activity: 1372
Merit: 1003
Site currently:

Maintenance in progress (blockchain backup, bitcoind upgrade).

Mining activity is not affected.

We apologize for the inconvenience.


Here is the link to the forum discussion.

So assuming this hasn't been there for ages, things are still happening.

I've not had a payment in over a year now  Huh
sr. member
Activity: 358
Merit: 250
Site currently:

Maintenance in progress (blockchain backup, bitcoind upgrade).

Mining activity is not affected.

We apologize for the inconvenience.


Here is the link to the forum discussion.

So assuming this hasn't been there for ages, things are still happening.
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