Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 33. (Read 470088 times)
Also we are mining at 77TH at this time - we should break 80TH today.
Tytus found that there were issues with the way the Pico wallet picks up generation block rewards. He's working on fixing that. Meantime, you can monitor our block creation at the pico address: http://blockchain.info/fb/19t7rx
Dave, Tytus, Jared, can you provide an estimate on when you expect to reach 100TH/s and 200TH/s? We are getting into the later part of September now and I think most of us expected the first 100TH to be online by this time. Also, raw dividend rates do not match hash rate..the highest 24hr average I've seen is ~55TH/s. Is the mine experiencing ongoing hardware/network problems?
Are hosting/maintenance fees being deducted from each dividend payment? I see there is about a 2% difference between dividend payouts and raw mining income. Can we get some clarification/updates on how fees are being taken out?
thanks
Are hosting/maintenance fees being deducted from each dividend payment? I see there is about a 2% difference between dividend payouts and raw mining income. Can we get some clarification/updates on how fees are being taken out?
thanks
bump. still wondering about the fees. the business plan says $5k USD, but that has probably changed now.
Bot it's easy to discover. When you place an order (bid or ask) little bit over bots order then before you refresh page you will see new orders just little over your fresh 0.5 sec order. No one acts that fast, only bots 
Tracking transactions between wallets is simple, it's the whole idea of blockchain, and whole info about accounts and corresponding wallets is avaivable on pico.
Meantime 7 block awaits 100 confirmations and one should be in mine wallet long time ago.
Dave, Tytus can you explain to us what is wrong?
Tracking transactions between wallets is simple, it's the whole idea of blockchain, and whole info about accounts and corresponding wallets is avaivable on pico.
Meantime 7 block awaits 100 confirmations and one should be in mine wallet long time ago.
Dave, Tytus can you explain to us what is wrong?
Funny thing, isn't?
When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
The big fish starts to dump.https://picostocks.com/stocks/view/19 the user called Wic8.When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
And bots started trading
EDIT:
User with double account and bot:
https://picostocks.com/users/view/835
https://blockchain.info/address/1NjwFA5fgPYsS5oFyLT5HxJdH79kpQdSjZ
https://picostocks.com/users/view/1483
So it is. How do you discover it? It is not easy to track it.
Funny thing, isn't?
When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
The big fish starts to dump.https://picostocks.com/stocks/view/19 the user called Wic8.When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
And bots started trading
EDIT:
User with double account and bot:
https://picostocks.com/users/view/835
https://blockchain.info/address/1NjwFA5fgPYsS5oFyLT5HxJdH79kpQdSjZ
https://picostocks.com/users/view/1483
7 blocks in 12 hours, not bad.
But those blocks have some problems to jump into wallet...
7 blocks in 12 hours, not bad.
Funny thing, isn't?
When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
The big fish starts to dump.https://picostocks.com/stocks/view/19 the user called Wic8. When mine was not operational and even there wasn't working chips, then prices of share were increasing. Now when mine starts to operate and increasing dividends, poeople panicly selling.
Ok, 150BTC came thru, but 2 newly generated blocks with more than 100 confirmations didn't. Some issues still exist with that wallet, or with Pico.
Transaction IDs:
https://blockchain.info/pl/tx/0118a0d35edf072b180a4e40fc1c4184fa450aab6e9e9f273d6addcbf09519f9
https://blockchain.info/pl/tx/b865a1785ed62e7d19b3b1773985bc8dfa8fe61cbf5671675418df8829ac2b4c
Transaction IDs:
https://blockchain.info/pl/tx/0118a0d35edf072b180a4e40fc1c4184fa450aab6e9e9f273d6addcbf09519f9
https://blockchain.info/pl/tx/b865a1785ed62e7d19b3b1773985bc8dfa8fe61cbf5671675418df8829ac2b4c
Unfortunately, in dividend terms, 130 TH in "another couple of weeks" isn't worth nearly as much as an extra 50 Th, right now, today.
At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
Overclocking bitfury equipment has a proven yield of +20 - 50% in terms of hashing power. So there could be more to the 200Th endgame than currently precieved. At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
They have been overclocking as they deploy. They are not going to deploy 200th worth of equipment then overclock after. It's cheaper for them to meet the goal this way.
Not true (we are not overclocking as we deploy)
Unfortunately, in dividend terms, 130 TH in "another couple of weeks" isn't worth nearly as much as an extra 50 Th, right now, today.
At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
Overclocking bitfury equipment has a proven yield of +20 - 50% in terms of hashing power. So there could be more to the 200Th endgame than currently precieved. At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
They have been overclocking as they deploy. They are not going to deploy 200th worth of equipment then overclock after. It's cheaper for them to meet the goal this way.
....
Maybe it's a manual process right now.
Maybe it's a manual process right now.
Looks like it, becuse all coins matured from that address.
There's also two solved blocks from old address but still not 100 confirmations.
Either way there's very strange things going arround. 6% network posession and not single block income in MANY hours...
That's not surprising. Even BTCGuild - over 400 Th/s - can go 6 hours or longer without finding a block sometimes. Slush is larger than 100TH, and they go 14 hours without a block once or twice per week, and have blocks that take over 7 hours to find almost daily...
....
Maybe it's a manual process right now.
Maybe it's a manual process right now.
Looks like it, becuse all coins matured from that address.
There's also two solved blocks from old address but still not 100 confirmations.
Either way there's very strange things going arround. 6% network posession and not single block income in MANY hours...
there have been a couple of blocks mined directly to 19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs recently, so maybe they are switching back.
....
Maybe it's a manual process right now.
Maybe it's a manual process right now.
Looks like it, becuse all coins matured from that address.
There's also two solved blocks from old address but still not 100 confirmations.
Either way there's very strange things going arround. 6% network posession and not single block income in MANY hours...
new solo mining address: https://blockchain.info/address/12grZHgemTNU9nRQqT2cU4rzoeXE7t61au
still no coinbase identifier though. Dave, are you guys using eloipool? I think it's just a matter of settting CoinbasePrefix in merklemaker.py.
This address generated 251 BTC, paid 100 BTC to mine and holds 150 BTC, why it holds ?still no coinbase identifier though. Dave, are you guys using eloipool? I think it's just a matter of settting CoinbasePrefix in merklemaker.py.
With self-mined coins, you have to wait for 100 confirmations for the coins to mature, so you can't move the coins right away. However, there are some coins that have matured but have not moved to the dividend address. Maybe it's a manual process right now.
Yes, they do exist. There are several hundred HashFast chips in the world.
TSMC just finished their metalization, which is step 33 of 147 and the part that takes the longest.
HashFast will get the chips on the week of October 20th.
That doesn't count as exists, sorry. But great news, thank you.TSMC just finished their metalization, which is step 33 of 147 and the part that takes the longest.
HashFast will get the chips on the week of October 20th.
It's just that investors don't want to wait for November to upgrade the mine. We have hopes of hitting 200TH before that.
That's fine. I'm just saying there are good higher-density options available if space becomes our constraint.
I don't think physical space is the problem. It's the power draw...and bitfury and hashfast are comparable.
My picostock dividend account certainly hopes so 
Unfortunately, in dividend terms, 130 TH in "another couple of weeks" isn't worth nearly as much as an extra 50 Th, right now, today.
At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
Overclocking bitfury equipment has a proven yield of +20 - 50% in terms of hashing power. So there could be more to the 200Th endgame than currently precieved. At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
Unfortunately, in dividend terms, 130 TH in "another couple of weeks" isn't worth nearly as much as an extra 50 Th, right now, today.
At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
At the rate things (difficulty increases) are going, 200TH isn't even going to cover electrical costs by the end of Q1 2014 (which is rapidly approaching.)
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