http://www.pyramining.com/ - Discussion thread (no advertising here) - page 80.

miffman

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PGP ID: 78B7B84D

Quote from: bravetheheat on July 03, 2013, 09:42:54 AM

Quote from: miffman on July 03, 2013, 05:10:25 AM

Okay so my deposit was made a few days ago...it still says queued. Is it because it is a very small deposit?

Be patient Wink

Some of us have made deposits since several months ago, and he's still working on everything. Won't take too long, I don't think Tongue

thanks. I might want to withdraw sometime soon unless it goes through Undecided

bravetheheat

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Quote from: miffman on July 03, 2013, 05:10:25 AM

Okay so my deposit was made a few days ago...it still says queued. Is it because it is a very small deposit?

Be patient Wink

Some of us have made deposits since several months ago, and he's still working on everything. Won't take too long, I don't think Tongue

miffman

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PGP ID: 78B7B84D

Okay so my deposit was made a few days ago...it still says queued. Is it because it is a very small deposit?

BitSmile

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Quote from: Giant on July 02, 2013, 04:42:29 PM

Quote from: BitSmile on July 02, 2013, 01:49:27 PM

This surprised me a bit, I wasn't expecting pyramining to update on the state of things...And he seems to be quite solvent, judging by that offer he made about depositing 50% of up to 4000BTC deposits. It looks a bit pirateat40ish I think

I think he means that he will do the 50% sponsoring up to 4000BTC total deposits, as he also says he has 2000BTC for this campaign.

Quote from: pyramining on December 06, 2012, 09:27:53 PM

...
So: on every account containing at least a total of 10 BTC in ASIC deposits, up to 4000 BTC deposited from now until 31st December, I will deposit 50% of the total amount with my personal funds using that account as a sponsor. I have at least 2000 BTC available for this campaign (not counting those already allocated for those who took advantage of this promotion until now).
...

So not every deposit of say 4000 gets a 2000 sponsor, but deposits from 10, up to a total of deposits of 4000BTC, meaning he has to invest 2000BTC in total. This is not unrealistic.

Thank you, I misread it.

Giant

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Quote from: BitSmile on July 02, 2013, 01:49:27 PM

This surprised me a bit, I wasn't expecting pyramining to update on the state of things...And he seems to be quite solvent, judging by that offer he made about depositing 50% of up to 4000BTC deposits. It looks a bit pirateat40ish I think

I think he means that he will do the 50% sponsoring up to 4000BTC total deposits, as he also says he has 2000BTC for this campaign.

Quote from: pyramining on December 06, 2012, 09:27:53 PM

...
So: on every account containing at least a total of 10 BTC in ASIC deposits, up to 4000 BTC deposited from now until 31st December, I will deposit 50% of the total amount with my personal funds using that account as a sponsor. I have at least 2000 BTC available for this campaign (not counting those already allocated for those who took advantage of this promotion until now).
...

So not every deposit of say 4000 gets a 2000 sponsor, but deposits from 10, up to a total of deposits of 4000BTC, meaning he has to invest 2000BTC in total. This is not unrealistic.

BitSmile

full member

Activity: 126

Merit: 100

This surprised me a bit, I wasn't expecting pyramining to update on the state of things...And he seems to be quite solvent, judging by that offer he made about depositing 50% of up to 4000BTC deposits. It looks a bit pirateat40ish I think

miffman

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Activity: 1904

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PGP ID: 78B7B84D

quick question, how long will deposits stay queued?

Giant

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Quote from: pyramining on June 30, 2013, 05:03:57 PM

Quick update: Assembled boards will be ready this week, so within 1 to 3 weeks ASICs will be deployed.

I apologize if I can't answer everyone, I receive a huge quantity of messages and I can work or answer, not both. Anyway I will reply to every PM and email as soon as I will finish deploying ASICs in the next days.

I know things went very long and silence is "ugly", but it has been a very hard work.

Great news, and thanks for letting us know! Cheesy

ninjaboon

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Activity: 2128

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Quote from: pyramining on June 30, 2013, 05:03:57 PM

Quick update: Assembled boards will be ready this week, so within 1 to 3 weeks ASICs will be deployed.

I apologize if I can't answer everyone, I receive a huge quantity of messages and I can work or answer, not both. Anyway I will reply to every PM and email as soon as I will finish deploying ASICs in the next days.

I know things went very long and silence is "ugly", but it has been a very hard work.

I hope your ASICs go online by 21 July 2013. I can't wait....
Thanks for the update. I've been with your service since August 2012.

Quote

Joined: 2012-08-24 07:06:57 UTC

True___Blue

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Huzzah! [/Tobias Funke]

This really is great news

Foofighter

hero member

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Merit: 547

BTC Mining Hardware, Trading and more

Quote from: pyramining on June 30, 2013, 05:03:57 PM

Quick update: Assembled boards will be ready this week, so within 1 to 3 weeks ASICs will be deployed.

I apologize if I can't answer everyone, I receive a huge quantity of messages and I can work or answer, not both. Anyway I will reply to every PM and email as soon as I will finish deploying ASICs in the next days.

I know things went very long and silence is "ugly", but it has been a very hard work.

great news, if they come true

platti

sr. member

Activity: 251

Merit: 250

Quote from: pyramining on December 06, 2012, 09:27:53 PM

...
So: on every account containing at least a total of 10 BTC in ASIC deposits, up to 4000 BTC deposited from now until 31st December, I will deposit 50% of the total amount with my personal funds using that account as a sponsor. I have at least 2000 BTC available for this campaign (not counting those already allocated for those who took advantage of this promotion until now).
...

when will this extra accounts create?

klee

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Activity: 1498

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Quote from: pyramining on June 30, 2013, 05:42:28 PM

There is a change on how deposits work. I already updated the website description:

Since the hardware is not infinite, all deposits will get queued and they will be activated once it's their turn, on a first-arrived-first-served basis.

Actually the queue is 2.2Th/s. If you deposit now, your account will be activated when more than 2.2Th/s of mining hardware will be deployed.

If the queue goes down to 0, then the account becomes active immediately.

Of course I will try to keep the queue as small as possible.

Can existing users add funds to their deposits?

pyramining

hero member

Activity: 501

Merit: 500

Quote from: platti on June 30, 2013, 08:32:25 PM

Website:
New infrastructure: ~ 244.5 MH/BTC
you can buy asicminer usb block erupter with 333..350 MH / BTC, thats 33% more hashing power per bitcoin

And the host where you have to insert the USB miner? And the UPS? And the emergency generator? And the air cooling? And the power to run it? And the redundant internet connection? And the space where all the stuff is placed? And all the work made to set up things?

First batch has this cost. Next batches will be cheaper. Everyone will get the MH rate that was "advertised" at the time they made their deposit, even if it's under the real cost. I took that risk. So why complain?

seot

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Thanks for the update. Too many unpatient people here Wink

platti

sr. member

Activity: 251

Merit: 250

Website:
New infrastructure: ~ 244.5 MH/BTC

you can buy asicminer usb block erupter with 333..350 MH / BTC, thats 33% more hashing power per bitcoin

gweedo

legendary

Activity: 1498

Merit: 1000

Quote from: pyramining on June 30, 2013, 05:03:57 PM

Quick update: Assembled boards will be ready this week, so within 1 to 3 weeks ASICs will be deployed.

I apologize if I can't answer everyone, I receive a huge quantity of messages and I can work or answer, not both. Anyway I will reply to every PM and email as soon as I will finish deploying ASICs in the next days.

I know things went very long and silence is "ugly", but it has been a very hard work.

Thanks for the update, and I think a lot of people don't understand how hard hardware development is, and takes so much time. That is a small percentage do your thing, I know my coins are always safe with you guys Wink

bradyon

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TradeFortress has to pay his debitors

...and would be possible to see the queue place of our deposits?

pyramining

hero member

Activity: 501

Merit: 500

There is a change on how deposits work. I already updated the website description:

Since the hardware is not infinite, all deposits will get queued and they will be activated once it's their turn, on a first-arrived-first-served basis.

Actually the queue is 2.2Th/s. If you deposit now, your account will be activated when more than 2.2Th/s of mining hardware will be deployed.

If the queue goes down to 0, then the account becomes active immediately.

Of course I will try to keep the queue as small as possible.

bradyon

full member

Activity: 172

Merit: 100

TradeFortress has to pay his debitors

GREAT NEWS!! Hope everything evolves well and you could rest (and make us rest) soon!

Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 80. (Read 318060 times)