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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 68. (Read 318060 times)

full member
Activity: 237
Merit: 100
I rave ... whats your excuse?!?
Current available total Hashing Power of Pyraminig is 73.94 for each BTC deposited. For each new BTC deposited 735.29 are added to the total and split up to all active accounts.

If a account gets completed its hashing power is also split up to all remaining accounts.

Simple example:

Assume there are currently 100 BTC in active deposits. Each has 73.94 MH/s.

Now someone deposits 1 BTC, adds 735.29 MH/s to the pool.

Now there are 101 BTC in active deposits. Each has 80.48 MH/s.

Next an account worth 2 BTC gets completed.

Now there are 99 BTC in active deposits. Each has 82.11 MH/s.

and so on...

I was sorta kinda almost close...but apparently I was a little confused also...you have cleared up some things for me as well. Looking forward to making another deposit Cheesy
newbie
Activity: 35
Merit: 0
OK Thank you Akka. It is what I feared
legendary
Activity: 1232
Merit: 1001
So if I understand well, for each BTC send today, after current queue is emptied, the situation will be as follow :
I will receive 73.94 MH/s
The whole pyramining system will receive 735.29 MH/s

Is that right ?

If so, it's globally a ponzi scheme ... that kind of thing that bitcoin doesn't need for its credibility.

/facepalm

The whole pyra system currently has over a TH. The 73.94 is what 1 BTC currently gets you on pyra. When new infrastructure is in place (queue is emptied I assume) that same 1 BTC will get you the 735.29 instead.

At least I think that is what you're talking about...honestly I've no clue and am only guessing...

Current available total Hashing Power of Pyraminig is 73.94 for each BTC deposited. For each new BTC deposited 735.29 are added to the total and split up to all active accounts.

If a account gets completed its hashing power is also split up to all remaining accounts.

Simple example:

Assume there are currently 100 BTC in active deposits. Each has 73.94 MH/s.

Now someone deposits 1 BTC, adds 735.29 MH/s to the pool.

Now there are 101 BTC in active deposits. Each has 80.48 MH/s.

Next an account worth 2 BTC gets completed.

Now there are 99 BTC in active deposits. Each has 82.11 MH/s.

and so on...
full member
Activity: 237
Merit: 100
I rave ... whats your excuse?!?
So if I understand well, for each BTC send today, after current queue is emptied, the situation will be as follow :
I will receive 73.94 MH/s
The whole pyramining system will receive 735.29 MH/s

Is that right ?

If so, it's globally a ponzi scheme ... that kind of thing that bitcoin doesn't need for its credibility.

/facepalm

The whole pyra system currently has over a TH. The 73.94 is what 1 BTC currently gets you on pyra. When new infrastructure is in place (queue is emptied I assume) that same 1 BTC will get you the 735.29 instead.

At least I think that is what you're talking about...honestly I've no clue and am only guessing...
newbie
Activity: 35
Merit: 0
LMAO thank you for your input on what bitcoin doesn't need and needs for credibility. One of the most creditable bitcoin mining operations.
Develop please !
newbie
Activity: 35
Merit: 0
Current infrastructure:   73.94 MH/BTC but ~ 735.29 MH/BTC are added to the total pool for each new deposit. so the numbers add up.

The bug here is that your deposit is already active, when there are still people that deposited 9 Month ago waiting for their accounts to be activated.

It would not be funny if this had happened to even more accounts.
So if I understand well, for each BTC send today, after current queue is emptied, the situation will be as follow :
I will receive 73.94 MH/s
The whole pyramining system will receive 735.29 MH/s

Is that right ?

If so, it's globally a ponzi scheme ... that kind of thing that bitcoin doesn't need for its credibility.
sr. member
Activity: 251
Merit: 250
actual block 251155
minus block 250978
-----------------------------
= 177 confirmations
hero member
Activity: 501
Merit: 500
@pyramining

block 250978 was found more than 20 hours ago with p2pool (actual block 251155)

there are no rewards from pyramining since
2013-08-07 15:25:13 UTC

I just checked, credit is there, next time the payout algorhythm will run, you'll see the rewards. For the rewards to be assigned, the mined coins need to become valid (120 confirmations), and then the payout processor needs to run. In can take ~24 hours more or less...
sr. member
Activity: 251
Merit: 250
@pyramining

block 250978 was found more than 20 hours ago with p2pool (actual block 251155)

there are no rewards from pyramining since
2013-08-07 15:25:13 UTC
hero member
Activity: 501
Merit: 500
Of course, why only less than 0.8gh for 10 btc

Your hashing power will increase when also the other accounts will be activated, be patient...
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
...what I don't understand is: 1.1 Thash = 40 months break even ?? Its like nothing happened...

also for example: 10 BTC Asic deposit equivalent hashing power <0.8 GH ....

0.8 gh for 10 BTC ... 44 Months reward time....

What is it I don't see?

Could pyramining please explain?

Difficult increased and will increase further. Nothing more to say.

Of course, why only less than 0.8gh for 10 btc
hero member
Activity: 501
Merit: 500
The bug here is that your deposit is already active, when there are still people that deposited 9 Month ago waiting for their accounts to be activated.

It would not be funny if this had happened to even more accounts.

It may have happened accidentally, as I am doing it manually. I could have typed in a wrong ID. Only very small deposits were added out-of-order. I'll try to pay more attention.
legendary
Activity: 1232
Merit: 1001
Hello Pyramining,
I've made a deposit (fm97b2hp) of 5 BTC 2 days ago. It appears now that this deposit turned to be active with old FPGA !  Embarrassed

I was expecting to be queued on the ASIC pre-allocated. What has been wrong ? It don't want to have FPGA. I expect to have 3.67 GH/s not the ridiculous 300 MH/s !!

The ASIC pre order mechanism has been closed the 30-06 has said in your website.

Please check for a bug there !

Current infrastructure:   73.94 MH/BTC but ~ 735.29 MH/BTC are added to the total pool for each new deposit. so the numbers add up.

The bug here is that your deposit is already active, when there are still people that deposited 9 Month ago waiting for their accounts to be activated.

It would not be funny if this had happened to even more accounts.
newbie
Activity: 35
Merit: 0
Hello Pyramining,
I've made a deposit (fm97b2hp) of 5 BTC 2 days ago. It appears now that this deposit turned to be active with old FPGA !  Embarrassed

I was expecting to be queued on the ASIC pre-allocated. What has been wrong ? It don't want to have FPGA. I expect to have 3.67 GH/s not the ridiculous 300 MH/s !!

The ASIC pre order mechanism has been closed the 30-06 has said in your website.

Please check for a bug there !
legendary
Activity: 1232
Merit: 1001
...what I don't understand is: 1.1 Thash = 40 months break even ?? Its like nothing happened...

also for example: 10 BTC Asic deposit equivalent hashing power <0.8 GH ....

0.8 gh for 10 BTC ... 44 Months reward time....

What is it I don't see?

Could pyramining please explain?

Difficult increased and will increase further. Nothing more to say.
legendary
Activity: 1358
Merit: 1002
You mad?

Seemed to me more like you are mad. But thats OT.

See, there you go again, assuming how I feel. Why didn't you just answered with a no? It's more fun to ASSume? First I was offended, now I'm mad. Get a grip, son. The only one with bad instincts here is you, as can be seen by your answers.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
...what I don't understand is: 1.1 Thash = 40 months break even ?? Its like nothing happened...

also for example: 10 BTC Asic deposit equivalent hashing power <0.8 GH ....

0.8 gh for 10 BTC ... 44 Months reward time....

What is it I don't see?

Could pyramining please explain?
member
Activity: 83
Merit: 10
You mad?

Seemed to me more like you are mad. But thats OT.
legendary
Activity: 1358
Merit: 1002
Stop trying to fix what isn't broken.
You mentioned my account(s9q3bxy8) as an example of a person that maybe will prefer bigger payouts. I like the threshold like it is. Don't use me as an example.

At first: I never used you as an example for anything. I just mentioned a random account, that is visible to everybody. If you claim that to be your account, then this is your business. If you want you can find plenty other accounts that are also "affected". (and simply edit your account out, Mr. Global Moderator)
And second: This is a Discussion thread! So tell me, what is wrong about disgusting possible improvements? I never tryed to fix something broken, like you said. I just tried to help improve that service. So tell me, where you take all your offence from.
If you dont like improvement, then you may be wrong in bitcoinworld.

You mad?
member
Activity: 83
Merit: 10
Stop trying to fix what isn't broken.
You mentioned my account(s9q3bxy8) as an example of a person that maybe will prefer bigger payouts. I like the threshold like it is. Don't use me as an example.

At first: I never used you as an example for anything. I just mentioned a random account, that is visible to everybody. If you claim that to be your account, then this is your business. If you want you can find plenty other accounts that are also "affected". (and simply edit your account out, Mr. Global Moderator)
And second: This is a Discussion thread! So tell me, what is wrong about disgusting possible improvements? I never tryed to fix something broken, like you said. I just tried to help improve that service. So tell me, where you take all your offence from.
If you dont like improvement, then you may be wrong in bitcoinworld.
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