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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 21. (Read 318060 times)

hero member
Activity: 868
Merit: 500
Any news on how the bonus hashrate is being distributed?  If its on oldest 10 accounts till they are completely done, anyone who didn't join several years ago has several years more to wait before they will see any of it!
legendary
Activity: 994
Merit: 1000
Things are looking up for p2pool. Hashrate is now 471THS.
legendary
Activity: 994
Merit: 1000
What's the range of your rewards since the installation of new hardware?
Mine are in the range of a xxx satoshis so not really worth to mention Sad




All of us with "older deposits" are going to see tiny payouts until the excess hardware hits our deposits.
He credited all deposits with the amount of hashing power equal to the date of deposit. My 47.xxbtc account has 11.5ghs of power, because we aren't sharing hashrate anymore.

Pyramining: How is the rest of the site coming? Any chance we can get some simple stats to allow us to guesstimate where we may be in the queue for the excess hashing power??
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!
What's the range of your rewards since the installation of new hardware?
Mine are in the range of a xxx satoshis so not really worth to mention Sad


full member
Activity: 142
Merit: 104
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool

Neither, I too am wondering whats going on.
But keep in mind that the system can't spend the funds from a block until they have 120 confirmations. So the latest block has another 80 or so to go before we could see a payout from it.
As for the other one, maybe pyra can jump in and let us know. We should have seen earnings rewarded from it.
No no, other rewards were shown immediately

There is a delay between blocks found by p2pool and rewards being divvied up by pyraminings backend software.
For a block of newly minted coins to be fully confirmed it requires 120 confirmations.
What to watch is the addresses he is using for p2pool.
https://blockchain.info/address/1CzLSNz7V6EufECrjvMXBiVo8Tu7z3XgkF is the only one we are 100% that is his.
Here is the sequence of events.

1) A block is found, the amount is credited to that address as newly generated coins.

2) After 120+ blocks, IE confirmations, his backend kicks in and pulls the money from that address to a bunch of others and divvies up the earnings to our accounts.

So NO, the earnings are not rewarded right after a block is found. If he did that and a block was then orphaned it would cause all kinds of issues.
Oh, so timestamps are binded to rewards time and not to block discover Shocked This cheated me
legendary
Activity: 994
Merit: 1000
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool

Neither, I too am wondering whats going on.
But keep in mind that the system can't spend the funds from a block until they have 120 confirmations. So the latest block has another 80 or so to go before we could see a payout from it.
As for the other one, maybe pyra can jump in and let us know. We should have seen earnings rewarded from it.
No no, other rewards were shown immediately

There is a delay between blocks found by p2pool and rewards being divvied up by pyraminings backend software.
For a block of newly minted coins to be fully confirmed it requires 120 confirmations.
What to watch is the addresses he is using for p2pool.
https://blockchain.info/address/1CzLSNz7V6EufECrjvMXBiVo8Tu7z3XgkF is the only one we are 100% that is his.
Here is the sequence of events.

1) A block is found, the amount is credited to that address as newly generated coins.
2) After 120+ blocks, IE confirmations, his backend kicks in and pulls the money from that address to a bunch of others and divvies up the earnings to our accounts.

So NO, the earnings are not rewarded right after a block is found. If he did that and a block was then orphaned it would cause all kinds of issues.
full member
Activity: 142
Merit: 104
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool

Neither, I too am wondering whats going on.
But keep in mind that the system can't spend the funds from a block until they have 120 confirmations. So the latest block has another 80 or so to go before we could see a payout from it.
As for the other one, maybe pyra can jump in and let us know. We should have seen earnings rewarded from it.
No no, other rewards were shown immediately
legendary
Activity: 994
Merit: 1000
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool

Neither, I too am wondering whats going on.
But keep in mind that the system can't spend the funds from a block until they have 120 confirmations. So the latest block has another 80 or so to go before we could see a payout from it.
As for the other one, maybe pyra can jump in and let us know. We should have seen earnings rewarded from it.
sr. member
Activity: 266
Merit: 250
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool
Is it just block chain mistakenly identifying the block finders?
full member
Activity: 142
Merit: 104
P2Pool has find a couple of blocks that aren't rewarded on Pyramining. Is it a interface problem or our hardware isn't mining for us?

https://blockchain.info/it/blocks/P2Pool
sr. member
Activity: 266
Merit: 250
Quick update: the first payout was small because most of it went to cover up the last part of the hole.
There are some "stuck" transactions: after the wallet update there is a strange behaviour. However don't be alarmed, I am working to fix it. If you see a transaction in the logs but you don't see the transaction in the blockchain, it doesn't mean that your bitcoins are lost.

Nice pyramining. Glad to see you covering up the hole first.
hero member
Activity: 868
Merit: 500
So if we are up and running again, when will the website be fixed so I can gain referrals?
hero member
Activity: 501
Merit: 500
Quick update: the first payout was small because most of it went to cover up the last part of the hole.
There are some "stuck" transactions: after the wallet update there is a strange behaviour. However don't be alarmed, I am working to fix it. If you see a transaction in the logs but you don't see the transaction in the blockchain, it doesn't mean that your bitcoins are lost.
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!
Soo I checked my account today and there are new rewards (some satoshis).
full member
Activity: 142
Merit: 104
We have almost reached 20TH/s of total hashing power, other 5TH/s are coming this week.

Should't we see this improvement of speed in our accounts? This hw is splited among all of us, right?
legendary
Activity: 994
Merit: 1000
We have almost reached 20TH/s of total hashing power, other 5TH/s are coming this week. Hopefully with better "luck" on the pool we should see payouts coming again starting from this week.

Old accounts are getting less performances because hashing power is no more split evenly across deposits, but it's allocated proportionally to the USD value at the time the deposit has been made. However newer accounts when completed will give their hashing power to old ones. Oldest 10 accounts are also getting a further bonus, in order to speed up completion of oldest accounts.

If P2Pool's bad luck keeps harassing us, I will gradually switch part of the miners somewhere else, however I think it's not a very good idea... P2pool is not broken and it should give the max profit.

Just a couple of thoughts here.

Can you give us an idea based on dates of deposits when we might see this hashing power hit our accounts?

I am also curious what criteria you would assign to p2pool harassing us, it has been operating at less than 100% for 90+ days now. The expected time to block is now over 2 days, and the hashrate is steadily dropping. The flood of miners leaving because of "bad luck" will only make the "bad luck" worse.
legendary
Activity: 994
Merit: 1000
Quote
NO, because pbmining wasnt around this time last year. Not to mention the cost per ghs 1 year ago. There weren't many successful reliable cloudmining options around.

You can't compare the money you had then with what you could with it now.
that's true  Roll Eyes


Quote

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.

sorry I did not mean it
everybody is going to profit?

but thank you find me a idiot
makes me feel good and gives me more confidence

I have deposits going back to feb of 2013, and others have deposits going back into 2012.
Pyra has stated that he will be pointing some of the new hashing power at the oldest 10 deposits, if that plan still stands, you as well as the rest of us should see those payouts eventually. No idea when, because p2pool has been an issue lately and hopefully pyra will move some of the hardware to another pool as I do not see p2pool getting any better any time soon.
legendary
Activity: 994
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.

I understand the frustration with people who leap and then look, but no need to go nuclear on them.
They could have phrased their thought a little better but then outright insults are uncalled for.
member
Activity: 108
Merit: 10
Quote
NO, because pbmining wasnt around this time last year. Not to mention the cost per ghs 1 year ago. There weren't many successful reliable cloudmining options around.

You can't compare the money you had then with what you could with it now.
that's true  Roll Eyes


Quote

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.

sorry I did not mean it
everybody is going to profit?

but thank you find me a idiot
makes me feel good and gives me more confidence
legendary
Activity: 994
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

NO, because pbmining wasnt around this time last year. Not to mention the cost per ghs 1 year ago. There weren't many successful reliable cloudmining options around.

You can't compare the money you had then with what you could with it now.
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