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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 52. (Read 318060 times)

hero member
Activity: 686
Merit: 500
That new infrastructure is making me all excited. I put 5 bitcoins in here back in 2012, zero regrets.
legendary
Activity: 994
Merit: 1000

With the current exchange rate, cointerra is offering 2ths @ 150GHs/BTC.
If pyramining can get even half that rate, I'll let you do the math on that....

You can't compare them: cointerra just gives you the hardware while pyramining includes electricity, setup, connection, administration...

I didn't compare them. Thats why I figured half. But if pyramining can get the price to 1/3rd, its a good day in the neighborhood.

I used cointerra as a reference because they have the lowest ghs/btc on the market at the moment.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist

With the current exchange rate, cointerra is offering 2ths @ 150GHs/BTC.
If pyramining can get even half that rate, I'll let you do the math on that....

You can't compare them: cointerra just gives you the hardware while pyramining includes electricity, setup, connection, administration...
legendary
Activity: 994
Merit: 1000
independent of  exchange-rate.
there are more than 18000 BTC invested in pyramining, and less than 200 BTC accounts are payed out with 100%.
so ,when new investments in hardware bring 20 GHs per BTC, we need  18000 BTC investment , that all accounts have 10 GHs per BTC
Where are you getting the 18000?
Not sure what equation you are using. But, you may be confusing btc with ghs.

Quick and dirty math says we need 7418.18btc invested to bring us up to 10ghs/btc. A total hashrate of 168ths.
Keep in mind that doesnt account for the inevitable drop in $,BTC/GHS or the redistributed hashrate as accounts/deposits are completed.

With the current exchange rate, cointerra is offering 2ths @ 150GHs/BTC.
If pyramining can get even half that rate, I'll let you do the math on that....
sr. member
Activity: 251
Merit: 250
independent of  exchange-rate.
there are more than 18000 BTC invested in pyramining, and less than 200 BTC accounts are payed out with 100%.
so ,when new investments in hardware bring 20 GHs per BTC, we need  18000 BTC investment , that all accounts have 10 GHs per BTC
legendary
Activity: 994
Merit: 1000
to reach an average hashrate from 10 GHs/ BTC for all accounts, pyramining needs investmentgs of more than 18000 BTC.

 

What exchange rate are you basing that on?
At this rate I see 1000$ not to far away.
sr. member
Activity: 251
Merit: 250
to reach an average hashrate from 10 GHs/ BTC for all accounts, pyramining needs investmentgs of more than 18000 BTC.

 
legendary
Activity: 994
Merit: 1000
New infrastructure:   ~ 21.7GH/s/BTC

@ 400$/btc thats 18.43$/GHS.

And his deliveries are GUARANTEED, He is not waiting in a preorder que with who knows how many other people in front of him with an unknown delivery window.

In other words, HE KNOWS that he will get hardware delivered and when that will be.

legendary
Activity: 994
Merit: 1000
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone

No. His/Her Coins were converted into hardware.



Dont think so. I have to agree with him, his coins are gone.

Anybody got his/her "investment" from pyramining after the months?

I'm think the BTC were not invested in hardware, but instead in drinks and party  Grin

You can look at the blockchain and verify that the coins are being mined.
If your being facetious, thats one thing, however if your not, kindly provide real facts backing your position....

Break even:   ~ 149 months
Complete reward:   ~ 163 months
Current infrastructure:   268.15 MH/BTC
New infrastructure:   ~ 20.5GH/s/BTC

BTC price at this moment is $440.

With 1BTC I can get several times more than 300MH/s. And with 2-3 BTC I can get more than 20.5GH/s. Way more. This is a fact.

I am not sure quite where to start.
The system is weighed down by the original fpga investors when btc was 5$. So the first round of asics with btc @100$ is split with the fpga investors, and now this next round will be split with us with btc @400$+ And with this 28nm asics he should be able to keep bringing hardware online and the price will continue to drop and the our hashrate will go up. My bet is that the terms were written before BTC made this insane climb, once the first round of asics is produced the price will likely go down.

Yes, you buy from cointerra @3$/GHS, but then you have to handle everything, you have to pay for power, you have monitor for downtimes and keep it going.
Not to mention the fact who knows when youll get yours, and what the hashrate will be when you do.
legendary
Activity: 994
Merit: 1000
I am wondering if there is a way to withdraw my coins? Also if not is there a way to get it moving faster other than depositing more coins? I am trying to figure this whole thing out but I cannot. I am hoping that someday I just get a strange payment for a bunch of coins when I am down on my luck, stranded in the middle of nowhere and coins are at $100,000 a coin. LOL

How much did you invest in BTC? When did you invest?
If you invested a small amount, it will be quite awhile before you see a payout, unless he is able to bring on enough hardware to turn the tide against the rising difficulty.
member
Activity: 79
Merit: 10
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone

No. His/Her Coins were converted into hardware.



Dont think so. I have to agree with him, his coins are gone.

Anybody got his/her "investment" from pyramining after the months?

I'm think the BTC were not invested in hardware, but instead in drinks and party  Grin

You can look at the blockchain and verify that the coins are being mined.
If your being facetious, thats one thing, however if your not, kindly provide real facts backing your position....

Break even:   ~ 149 months
Complete reward:   ~ 163 months
Current infrastructure:   268.15 MH/BTC
New infrastructure:   ~ 20.5GH/s/BTC

BTC price at this moment is $440.

With 1BTC I can get several times more than 300MH/s. And with 2-3 BTC I can get more than 20.5GH/s. Way more. This is a fact.
legendary
Activity: 994
Merit: 1000
hi, I'm happy to hear about prospective Smiley

i have 5 account linked

n°     deposited    interest

1          10btc        2.5 btc

2          10btc        2.5 btc

3          10btc        2.5 btc

4          10btc        7.6 btc

5          61btc        9 btc


is it correct? I suppose there is some problem, how it's possible 1,2,3 have the same revenue?

Did you set the accounts up as referred by the one by above it?
legendary
Activity: 994
Merit: 1000
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone

No. His/Her Coins were converted into hardware.



Dont think so. I have to agree with him, his coins are gone.

Anybody got his/her "investment" from pyramining after the months?

I'm think the BTC were not invested in hardware, but instead in drinks and party  Grin

You can look at the blockchain and verify that the coins are being mined.
If your being facetious, thats one thing, however if your not, kindly provide real facts backing your position....
member
Activity: 79
Merit: 10
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone

No. His/Her Coins were converted into hardware.



Dont think so. I have to agree with him, his coins are gone.

Anybody got his/her "investment" from pyramining after the months?

I'm think the BTC were not invested in hardware, but instead in drinks and party  Grin
legendary
Activity: 994
Merit: 1000
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone

No. His/Her Coins were converted into hardware.

full member
Activity: 142
Merit: 104
I am wondering if there is a way to withdraw my coins?
No. Your coins are gone
sr. member
Activity: 311
Merit: 250
The Power Of The Coin Is Awesome!!
I am wondering if there is a way to withdraw my coins? Also if not is there a way to get it moving faster other than depositing more coins? I am trying to figure this whole thing out but I cannot. I am hoping that someday I just get a strange payment for a bunch of coins when I am down on my luck, stranded in the middle of nowhere and coins are at $100,000 a coin. LOL
sr. member
Activity: 251
Merit: 250
Quote
Break even:   ~ 149 months
Complete reward:   ~ 163 months
Current infrastructure:   268.15 MH/BTC
New infrastructure:   ~ 20.5GH/s/BTC

20.5GH/s/BTC from january? *.*
from january 2025, when the old accounts are payed out ...
full member
Activity: 142
Merit: 104
Quote
Break even:   ~ 149 months
Complete reward:   ~ 163 months
Current infrastructure:   268.15 MH/BTC
New infrastructure:   ~ 20.5GH/s/BTC

20.5GH/s/BTC from january? *.*
sr. member
Activity: 251
Merit: 250
can pyraming mine on ghash.io? 0% fee and 50 payouts per day

0% fee
and extra income with NMC, IXC, DVC merged mining
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