http://www.pyramining.com/ - Discussion thread (no advertising here) - page 66.

pyramining

hero member

Activity: 501

Merit: 500

Quote from: Kiwi7 on August 20, 2013, 01:29:25 PM

59 months? Sad

I think I'm gonna blacklist pyramining in my /etc/hosts.

If you read just a few post back, you will see that unless the difficulty will explode to extremely high levels, when all the ASIC infrastructure will be installed, the reward time will be MUCH lower (I expect less than one year).

rigel

legendary

Activity: 1240

Merit: 1001

Thank God I'm an atheist

Quote from: Kiwi7 on August 20, 2013, 01:29:25 PM

59 months? Sad

I think I'm gonna blacklist pyramining in my /etc/hosts.

Perhaps it's already blacklisted if you haven't seen this in the home page Tongue

gektek

full member

Activity: 237

Merit: 100

I rave ... whats your excuse?!?

Quote from: Kiwi7 on August 20, 2013, 01:29:25 PM

59 months? Sad

I think I'm gonna blacklist pyramining in my /etc/hosts.

hehe...59 months is still better than what is was Tongue

Kiwi7

newbie

Activity: 50

Merit: 0

59 months? Sad

I think I'm gonna blacklist pyramining in my /etc/hosts.

gektek

full member

Activity: 237

Merit: 100

I rave ... whats your excuse?!?

Quote from: jargoman on August 20, 2013, 01:04:08 PM

85 pages of the same thing being explained over and over again lol

Its been a fun read so far Wink

The longer you follow the thread the funnier it gets. Deja-vu over and over and over again Cheesy

jargoman

member

Activity: 68

Merit: 10

85 pages of the same thing being explained over and over again lol

seot

member

Activity: 80

Merit: 10

Quote from: Kiwi7 on August 20, 2013, 06:06:26 AM

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

From Pyramining FAQ
"Rewards are sent in multiplies of 0.1 BTC. If your account is near to be fully rewarded (less than 0.2 BTC left) reward will be sent upon completion in a single transaction."

From Pyramining Home page

Investment estimations
Break even:   ~ 53 months
Complete reward:   ~ 59 months
Current infrastructure:   74.31 MH/BTC
New infrastructure:   ~ 909.09 MH/BTC

No, you cannot cancel your deposit. From Pyramining FAQ "All deposits gets entirely converted to mining infrastructure."

Kiwi7

newbie

Activity: 50

Merit: 0

Yes, I've read both of these, but none of them answered my questions.

pyramining

hero member

Activity: 501

Merit: 500

Quote from: Kiwi7 on August 20, 2013, 06:06:26 AM

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

Did you read the instructions and F.A.Q. Huh

Kiwi7

newbie

Activity: 50

Merit: 0

I've deposited 0.02 BTC to Pyramining. When do I receive my payout and can I cancel my deposit?

seot

member

Activity: 80

Merit: 10

Quote from: platti on August 17, 2013, 07:30:50 AM

Account label: 24bkya8p

last rewards
2013-08-17 10:30:55 UTC
2013-08-16 16:25:51 UTC only 7 from 11 rewardet
2013-08-15 22:30:41 UTC

Account label: bkxn27re

last rewards
2013-08-17 10:30:39 UTC
2013-08-15 22:30:25 UTC

missing: rewards from 2013-08-16 16:30

its the same like some days before, only old deposits were rewardet on 2013-08-16

The same here. Huh

platti

sr. member

Activity: 251

Merit: 250

Account label: 24bkya8p

last rewards
2013-08-17 10:30:55 UTC
2013-08-16 16:25:51 UTC only 7 from 11 rewardet
2013-08-15 22:30:41 UTC

Account label: bkxn27re

last rewards
2013-08-17 10:30:39 UTC
2013-08-15 22:30:25 UTC

missing: rewards from 2013-08-16 16:30

its the same like some days before, only old deposits were rewardet on 2013-08-16

pyramining

hero member

Activity: 501

Merit: 500

I noticed that there are some accounts (already completed) with very small deposits where the payout is less than 0.0001. It seems that nodes aren't relaying anymore transactions with such small amounts. I encourage the owner of such accounts to deposit a little more to unlock the situation. I suppose it's not a problem depositing another 0.0001 since it is a really small amount.

jargoman

member

Activity: 68

Merit: 10

Quote from: pyramining on August 15, 2013, 08:06:41 PM

Quote from: jargoman on August 15, 2013, 02:14:08 PM

long story short It's taking long because of competition with other asics. Pyramining has asics but also many investors who paid for older hardware that is slowing down over all hash power.

Remember that I am still installing new ASICs, and earnings will become faster when all the infrastructure will be complete.

During this week, new installations have been slowed down a bit because companies are closed (summer holidays) and I am not receiving new assembled boards. In this period I took the chance to optimize the installation process, so in the next two-three weeks I should be able to activate all the queued deposits. Let's wait for the queue to be depleted, and then we can discuss about the payout times etc...

I know you are doing what you can and you run a legitimate service. I'm just saying there is steep competition with all the new asics. I do admit that with the hardware in the queue and new deposits things might turn around. Especially if accounts start getting completed. You said you would be depositing btc into pyraminig as an asic promotion, this could be enough to serious bring down the return time. Pyramining may become very profitable again as accounts get completed and hashing power is redistributed.

Long return time is NOT the fault of pyramining because difficulty keeps skyrocketing.

gektek

full member

Activity: 237

Merit: 100

I rave ... whats your excuse?!?

Quote from: platti on August 16, 2013, 05:14:12 PM

i have some 0.1 btc payin, they come automatically from payouts , where the payout-adress is the payin-adress from another account

Ya, was gonna say...I'm a tiny investor but I set it up so my accounts earn the 10% twice (more when I can deposit bigger). IE, I have 3 'accounts'. My main one that pays to my actual wallet, a sublevel to that with two deposits of 0.1 each just to have something in there for now and this sublevel pays into my 'main' account, then one more sublevel under THAT account that I actually make my deposits to which pays into the 'middle' account. In that account I try to keep my deposits to at least 0.25 but like I said, I'm a tiny investor so sometimes all I can afford is 0.1. Hell, in my 'main' account I have deposits as small as 0.01 because a year ago my hash was so slow that was all I could earn in a weeks time.

Putting a limit on small deposits is going to do nothing but encourage the "Only the rich get richer" mentality that is already plaguing the bitcoin community. Please keep Prya friendly for small investors.

platti

sr. member

Activity: 251

Merit: 250

i have some 0.1 btc payin, they come automatically from payouts , where the payout-adress is the payin-adress from another account

pyramining

hero member

Activity: 501

Merit: 500

Quote from: Akka on August 16, 2013, 03:47:41 PM

I think some people are actively depositing only multiple 0.1 BTC amounts to dodge the wait time.
[...]
Will it's generally OK to activate small deposits, is there no way to discourage people from trying to avoid the wait time?
This is frustrating for "honest" depositors that are still waiting.

I see very few deposits per day (less than 10) with amounts of 0.1 or lower, however should this quantity increase, I will not activate them anymore.

Besides there are two positive notes for "honest" and patient people: 1) older deposits gets a 50% deposit as referral, newer deposit not. 2) There are good chances that in a couple of weeks the queue will be empty.

Akka

legendary

Activity: 1232

Merit: 1001

I think some people are actively depositing only multiple 0.1 BTC amounts to dodge the wait time.

I looked up the number of active deposits the resent days (missed a few though):

07.08.2013 11041
08.08.2013 11094
09.08.2013 11102
11.08.2013 11124
12.08.2013 11137
13.08.2013 11161
14.08.2013 11179
16.08.2013 11208

Will it's generally OK to activate small deposits, is there no way to discourage people from trying to avoid the wait time?

This is frustrating for "honest" depositors that are still waiting.

This account for example is at 0 percent, so it has been activated recently. It has no promotion deposit beneath it, yet it's bigger than 40 BTC. http://www.pyramining.com/account/browse?id=8qc49mkd Only possible way it can be active would be IMO 100th of very small deposits or an error.

dyingdreams

full member

Activity: 175

Merit: 100

Quote from: seot on August 16, 2013, 02:35:15 PM

Sorry dyingdreams, but I did lower deposits than that http://www.pyramining.com/account/browse?id=hytdpe9f

And this was my first deposit, a year ago.

kefdp9zb 2012-09-23 07:11:01 UTC 0.01 BTC 28.6%

I moved my ... to find referrals so

I have had my reward!!!

Sent rewards: 0.30150755 BTC (I have deposited - Total deposited amount: 0.12078111 BTC)

I take a look to your account, you only have 1 referral, that has invested 1/2 you have. So, your bonus may be 11% or less.

If you try to have some more referrals, your time for seeing payout will probably decrease.
ASIC is benefit for all deposits, since in 19/07 I was getting a 0.00001024 reward for that first deposit and now I am getting 0.00002860 for the same deposit (per day)

Thanks for the info, this is exactly what I was trying to find out.

seot

member

Activity: 80

Merit: 10

Quote from: dyingdreams on August 16, 2013, 01:48:03 PM

That deposit was over a year ago, and at the rate at which it is currently receive rewards it will take almost another year to hit .1.

Sorry dyingdreams, but I did lower deposits than that http://www.pyramining.com/account/browse?id=hytdpe9f

And this was my first deposit, a year ago.

kefdp9zb 2012-09-23 07:11:01 UTC 0.01 BTC 28.6%

I moved my ... to find referrals so

I have had my reward!!!

Sent rewards: 0.30150755 BTC (I have deposited - Total deposited amount: 0.12078111 BTC)

I take a look to your account, you only have 1 referral, that has invested 1/2 you have. So, your bonus may be 11% or less.

If you try to have some more referrals, your time for seeing payout will probably decrease.
ASIC is benefit for all deposits, since in 19/07 I was getting a 0.00001024 reward for that first deposit and now I am getting 0.00002860 for the same deposit (per day)

Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 66. (Read 318060 times)