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Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 38. (Read 470140 times)

RHA
sr. member
Activity: 392
Merit: 250
September 19, 2013, 10:19:02 AM
For over a month there is still the same report "Failed production...".
Anyone comes here and see "Failed production".
It keeps the price low better than selling tytus' shares a while ago.
How can the price be high if no official report about growing of the mine?
(For instance "The mine reached successfully 65 GH/s and we aim 200 TH/s soon.")
Maybe tytus wants to buy dumped shares?
hero member
Activity: 843
Merit: 1001
September 19, 2013, 08:39:38 AM
seems more and more people dumping shares.
I see same addresses, only few are new. And you can find same addresses on bids and ask sides, pure speculation paradise...

Heap,thanks to the pick stocks,you can see all the details .
legendary
Activity: 1029
Merit: 1000
September 19, 2013, 08:11:09 AM
seems more and more people dumping shares.
I see same addresses, only few are new. And you can find same addresses on bids and ask sides, pure speculation paradise...
hero member
Activity: 843
Merit: 1001
September 19, 2013, 08:03:00 AM
seems more and more people dumping shares.
legendary
Activity: 1029
Merit: 1000
September 19, 2013, 04:55:35 AM
91 blocks found by a mine so far. It would be nice to see 100 blocks and 100TH in this week.
hero member
Activity: 588
Merit: 500
September 19, 2013, 04:24:36 AM
Jared refers to the remainder of August starter kits that needed to ship out.  It amounts to less than 1TH.  Some 100TH investors are also owners, so its good news to some.  Being done with the retail shipping allows the team to now focus on nothing but optimizing.  There is no correlation between the 10TH drop we saw over the weekend and the august orders - another point Jared makes very clearly to those who take the time to read the post.
We are hashing internally at 65TH as I write this.  Pool shows 60TH - this can be stats lag, or this can be due to software.
So, it seems now hashrate goes up. Its very good news. 100+THs next week?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 18, 2013, 11:03:22 PM
Hi guys,

Just want to give you an update from the floor.

1. We have a lot of hashpower deployed now- should keep us above 50TH.  More M-boards arrived, which should enable us to ship out the remainder of August customer orders.
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.
3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.
4. Per 3, there is a huge amount of room for us to gain in performance without even adding hardware now.  I can't say how fast it will happen because software bugs & issues can be completely random on the resolution time, but it will come with fits and starts.

Thanks,
Jared

Not to be rude, but as 100th investor, I can care less about the August costumers, matter of fact, that's almost like slap in a face.  This is how I read your post.

"Good news, August costumers (whoever they are) will make ROI.
Bad News, 100TH investors loose another 10TH. But instead of deploying new hardware and optimizing later, we will optimize what we got at a risk of more downtime."

Jared refers to the remainder of August starter kits that needed to ship out.  It amounts to less than 1TH.  Some 100TH investors are also owners, so its good news to some.  Being done with the retail shipping allows the team to now focus on nothing but optimizing.  There is no correlation between the 10TH drop we saw over the weekend and the august orders - another point Jared makes very clearly to those who take the time to read the post.
We are hashing internally at 65TH as I write this.  Pool shows 60TH - this can be stats lag, or this can be due to software.

thx for the update.  The good news helps us who have had their buzz killed on picostocks.   Cool
vip
Activity: 472
Merit: 250
September 18, 2013, 07:21:35 PM
Hi guys,

Just want to give you an update from the floor.

1. We have a lot of hashpower deployed now- should keep us above 50TH.  More M-boards arrived, which should enable us to ship out the remainder of August customer orders.
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.
3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.
4. Per 3, there is a huge amount of room for us to gain in performance without even adding hardware now.  I can't say how fast it will happen because software bugs & issues can be completely random on the resolution time, but it will come with fits and starts.

Thanks,
Jared

Not to be rude, but as 100th investor, I can care less about the August costumers, matter of fact, that's almost like slap in a face.  This is how I read your post.

"Good news, August costumers (whoever they are) will make ROI.
Bad News, 100TH investors loose another 10TH. But instead of deploying new hardware and optimizing later, we will optimize what we got at a risk of more downtime."

Jared refers to the remainder of August starter kits that needed to ship out.  It amounts to less than 1TH.  Some 100TH investors are also owners, so its good news to some.  Being done with the retail shipping allows the team to now focus on nothing but optimizing.  There is no correlation between the 10TH drop we saw over the weekend and the august orders - another point Jared makes very clearly to those who take the time to read the post.
We are hashing internally at 65TH as I write this.  Pool shows 60TH - this can be stats lag, or this can be due to software.
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
September 18, 2013, 03:56:16 PM
Hi guys,

Just want to give you an update from the floor.


3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.

Thanks,
Jared
I am sure you guys are the experts, but there are some good tips in this thread in case you might have missed out on some. https://bitcointalksearch.org/topic/guide-bitfury-miner-supporttuning-287590
full member
Activity: 237
Merit: 114
September 18, 2013, 02:56:31 PM
Friend of mine, WMP, has created a perl script, to count total and daily dividends of each account.

Link: http://wklej.org/id/1128634/txt/

To use it, you need to install:
Code:
WWW::Mechanize HTML::TreeBuilder
Under Linux, you can use this command:
Code:
sudo cpan WWW::Mechanize HTML::TreeBuilder
Edit script and type your account number in line 8:
Code:
my $userid = ""; #User ID

Enjoy.
run this script, it  shows the error:
Code:
Error GETing https://picostocks.com/users/incomes/x/page:1: Protocol scheme 'https' is not supported (LWP::Protocol::https not installed)
But I already install this modue by running:
Code:
sudo cpan LWP::Protocol::https

Thanks!
before starting the script:
Code:
export PERL_LWP_SSL_VERIFY_HOSTNAMES=0
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
September 18, 2013, 02:44:14 PM
Hi guys,

Just want to give you an update from the floor.

1. We have a lot of hashpower deployed now- should keep us above 50TH.  More M-boards arrived, which should enable us to ship out the remainder of August customer orders.
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.
3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.
4. Per 3, there is a huge amount of room for us to gain in performance without even adding hardware now.  I can't say how fast it will happen because software bugs & issues can be completely random on the resolution time, but it will come with fits and starts.

Thanks,
Jared

Not to be rude, but as 100th investor, I can care less about the August costumers, matter of fact, that's almost like slap in a face.  This is how I read your post.

"Good news, August costumers (whoever they are) will make ROI.
Bad News, 100TH investors loose another 10TH. But instead of deploying new hardware and optimizing later, we will optimize what we got at a risk of more downtime."
legendary
Activity: 1442
Merit: 1001
September 18, 2013, 01:20:35 PM
This:
Quote
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.

And I can imagine that upgrading software in 100+ rPi's have to take some time Wink


Well, no - not if it's done via script or clustershell. It's just a matter of testing and execution then.
legendary
Activity: 1029
Merit: 1000
September 18, 2013, 07:22:12 AM
This:
Quote
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.

And I can imagine that upgrading software in 100+ rPi's have to take some time Wink
member
Activity: 76
Merit: 10
To be or to have
September 18, 2013, 07:03:34 AM
We want to run every rig at 400G, which would give us 65TH even now.  More hardware deploys next week - I expect we'll surpass the original 100TH goal.

We have received more hardware today that will allow us build another 20 - 25TH.  We continue to work towards optimizing the rigs and getting everything run at top speed...

There is hardware for 85-90TH / s but online is only ~ 40-50TH / s
WTF ? Huh
donator
Activity: 1731
Merit: 1008
September 18, 2013, 06:07:43 AM
Hi guys,

Just want to give you an update from the floor.

1. We have a lot of hashpower deployed now- should keep us above 50TH.  More M-boards arrived, which should enable us to ship out the remainder of August customer orders.
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.
3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.
4. Per 3, there is a huge amount of room for us to gain in performance without even adding hardware now.  I can't say how fast it will happen because software bugs & issues can be completely random on the resolution time, but it will come with fits and starts.

Thanks,
Jared
Not sure what customers orders we should care about.

What about a plan that goes to 200th??
sr. member
Activity: 240
Merit: 250
September 18, 2013, 02:00:50 AM
The biggest issue with these 'uninformed' people mining with AMUs is that they are so unlikely to ever find a block that they are in fact NOT supporting the bitcoin network in any way that matters.
At the moment the expected average time to find a block for a 335MH/s AMU is ... ~45.75years ... which of course only keeps getting longer each diff change
Make a BTC loss (ripped off) buying 100 of them and you are still only expected to find a block on average once every 167 days ... at the current diff
So yeah maybe if you have 100 of them you might be helping ... but that leaves 2 options:
1) Waste a sizeable amount of BTC on them that you won't get it all back
2) Only buy a few (using the don't care argument) and indeed you really aren't helping the network in any way that matters ...

I'd guess most people in class 2) are the 'OMG free money' people who are actually losing money Tongue

But if you combine all the people mining with AMUs, doesn't that support the bitcoin network? Maybe they will take 45 years to find a block mining solo, but if there are 20,000 of them in total then combined they mine over 1 block per day.
full member
Activity: 219
Merit: 100
September 18, 2013, 01:58:56 AM
Hi guys,

Just want to give you an update from the floor.

1. We have a lot of hashpower deployed now- should keep us above 50TH.  More M-boards arrived, which should enable us to ship out the remainder of August customer orders.
2. A lot of the issues we are encountering now are software based- my domain.  I've ramped up to full time starting Monday of this week, so this should start getting better fast.
3. The bitfury devices are very finicky.  We can lose over 10TH without any devices going offline.  Rest assured that we aren't removing hardware and getting this smoothed over is our absolute highest priority.
4. Per 3, there is a huge amount of room for us to gain in performance without even adding hardware now.  I can't say how fast it will happen because software bugs & issues can be completely random on the resolution time, but it will come with fits and starts.

Thanks,
Jared
hero member
Activity: 631
Merit: 500
September 18, 2013, 12:18:35 AM
Looks like some issues are resolved. Hashrate is greater than 50TH. I'm curious for how long ;-)

Don't know if my calculations are off or what, but I believe dividends have been declining the last couple of days. New snag?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
September 17, 2013, 07:36:55 PM
From GPU to ASIC mining miners have always avoided hardware with more than 3-6 months of 100% ROI.
How could ASICMINER sell their first blades?
Why are people buying dozens and dozens of USB-Miners, which will never ROI according to current parameters?

Because
- People want to mine and don't care about ROI. Remember, people are doing Folding@Home and other "zero-ROI" stuff.
- They use linear difficulty extrapolation at best

Difficulty will be >100x what it is today in less than a year. (No, I'm not taking bets. That's my personal opinion. Share it or don't.)
The biggest issue with these 'uninformed' people mining with AMUs is that they are so unlikely to ever find a block that they are in fact NOT supporting the bitcoin network in any way that matters.
At the moment the expected average time to find a block for a 335MH/s AMU is ... ~45.75years ... which of course only keeps getting longer each diff change
Make a BTC loss (ripped off) buying 100 of them and you are still only expected to find a block on average once every 167 days ... at the current diff
So yeah maybe if you have 100 of them you might be helping ... but that leaves 2 options:
1) Waste a sizeable amount of BTC on them that you won't get it all back
2) Only buy a few (using the don't care argument) and indeed you really aren't helping the network in any way that matters ...

I'd guess most people in class 2) are the 'OMG free money' people who are actually losing money Tongue
legendary
Activity: 1029
Merit: 1000
September 17, 2013, 02:51:56 PM
Looks like some issues are resolved. Hashrate is greater than 50TH. I'm curious for how long ;-)
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