https://bitcointalksearch.org/topic/m.3112943
With current difficulty increase in few weeks even 0.1BTC for share at full 200TH/s is too much. Sorry.
Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 43. (Read 470088 times)
We are now partly hashing for 'August customers'.
https://bitcointalksearch.org/topic/m.3112943
With current difficulty increase in few weeks even 0.1BTC for share at full 200TH/s is too much. Sorry.
https://bitcointalksearch.org/topic/m.3112943
With current difficulty increase in few weeks even 0.1BTC for share at full 200TH/s is too much. Sorry.
We managed to put up 10TH in un-optimized rigs today. We fought networking gremlins early in the day, but still put together almost 50 rigs. Tomorrow we'll swap out bad cards and should see another 5TH (reaching 35TH total for the mine). More team members arrive tomorrow, so I hope to hit that 60TH mark.
Cheers,
Dave
Fist, do you realize how late we are ?Cheers,
Dave
And just now realizing capacity is being withed by lack or personnel...
If there is not right now at least 10-15 people relaying each other 24/7 to do whatever repetitive tasks you've failed hard.
We/You are loosing about 120 000$ per day this 200ths mine isn't at full capacity.
Thanks for details though !
Edit : Shares now at 0.1 btc , some support at 0.06 ... then nothing.
Because everybody thinks he can sell with a profit before everybody else...
Known since before 2012 as "the problem with PMBs."
I still don't see why people are buying any form of PMB! or even when buying hosted hardware is cheaper.
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
Known since before 2012 as "the problem with PMBs."
I still don't see why people are buying any form of PMB! or even when buying hosted hardware is cheaper.
WTF, the site is down again.
Quote
A bunch of FUD me thinks.. Once these guys get running full on I think the share price is going to go up up up!
Can I ask why you think so? Do you really think that 400MH/s for 0.2BTC or even 0.1BTC is good investment. You don't get even full 400MH/s.
you are not buying 400 MH/s.
let me explain: if you had a 400 MH/s miner, and mining on a PPS pool, your share would depend on difficulty and actual total hash rate your mining pool is deploying. and luck. with time, your share is smaller.
in case of 200 TH mine, you are not buying hashes, but a a fixed share (0.00004 BTC) of every block that was found by 200 TH mine. your share will get smaller over time too, but not that quick.
Well If you think about it.. people were paying out the ass for Block erupters that aren't even 400 Mh/s...
These are cheaper.. you don't have to worry about hosting or running it.. Just buy and wait.
These are cheaper.. you don't have to worry about hosting or running it.. Just buy and wait.
So basically you are waiting for bigger fool. Good luck!
Quote
A bunch of FUD me thinks.. Once these guys get running full on I think the share price is going to go up up up!
Can I ask why you think so? Do you really think that 400MH/s for 0.2BTC or even 0.1BTC is good investment. You don't get even full 400MH/s.
Well If you think about it.. people were paying out the ass for Block erupters that aren't even 400 Mh/s...
These are cheaper.. you don't have to worry about hosting or running it.. Just buy and wait.
https://picostocks.com/ is down!
Quote
A bunch of FUD me thinks.. Once these guys get running full on I think the share price is going to go up up up!
Can I ask why you think so? Do you really think that 400MH/s for 0.2BTC or even 0.1BTC is good investment. You don't get even full 400MH/s.
So why people pays 10 times more for AsicMiner when they will have same amount of dividends from 200TH mine.
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
For some period of time, investing same amount of BTC into AM and 200TH will give ~3 times more from dividens from later. Do your own math, my maybe wrong though.
Let me explain really simple.You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
It's even much worse than that. Right now 100TH is actually 20-30TH-mine. We can expect 200TH for few weeks when difficulty rich 150.000.000. http://bitcoindifficulty.com/
A bunch of FUD me thinks.. Once these guys get running full on I think the share price is going to go up up up!
So why people pays 10 times more for AsicMiner when they will have same amount of dividends from 200TH mine.
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
For some period of time, investing same amount of BTC into AM and 200TH will give ~3 times more from dividens from later. Do your own math, my maybe wrong though.
Let me explain really simple.You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
It's even much worse than that. Right now 100TH is actually 20-30TH-mine. We can expect 200TH for few weeks when difficulty rich 150.000.000. http://bitcoindifficulty.com/
We managed to put up 10TH in un-optimized rigs today. We fought networking gremlins early in the day, but still put together almost 50 rigs. Tomorrow we'll swap out bad cards and should see another 5TH (reaching 35TH total for the mine). More team members arrive tomorrow, so I hope to hit that 60TH mark.
Cheers,
Dave
Cheers,
Dave
I still have faith in your project. I am invested albeit all I can afford at the moment. Really hoping you guys pull through with this 100TH project!
We managed to put up 10TH in un-optimized rigs today. We fought networking gremlins early in the day, but still put together almost 50 rigs. Tomorrow we'll swap out bad cards and should see another 5TH (reaching 35TH total for the mine). More team members arrive tomorrow, so I hope to hit that 60TH mark.
Cheers,
Dave
Cheers,
Dave
Not quite the last place. No one but August customers were allowed before 100TH.
The shareholders of 100TH are rewarded for the delays with an additional 100 TH/s gear towards a total of 200 TH/s.
It's a brilliant solution. It seems Bitfury himself will have less chips for his private mine, but a good reputation is more important for him.
The shareholders of 100TH are rewarded for the delays with an additional 100 TH/s gear towards a total of 200 TH/s.
It's a brilliant solution. It seems Bitfury himself will have less chips for his private mine, but a good reputation is more important for him.
What was before August custumers or 100TH shareholders. Another scam. So after 'failed IPO* of the 72TH-min' we have failed 100TH-min, failed 200TH-min... Scammers!
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
Known since before 2012 as "the problem with PMBs."
I still don't see why people are buying any form of PMB! or even when buying hosted hardware is cheaper.
@Dave,can you contact tytus to fix this?
What's wrong with the Volume? https://picostocks.com/stocks
And here: https://picostocks.com/profits/ Profits and Dividends paid by PicoStocks to shareholders on PicoStocks
It used to update everyday/everyhours,or everyminutes.
And now,not any more.
There must be something wrong.
Quote
Code Bid Ask 1dVol 1dChange 1dLow 1dHigh 30dChange 30dLow 30dHigh
100th 0.26000020 0.28103000 0.00000000 0.0% 0.00000000 0.00000000 -25.6% 0.20000000 0.40400000
pico 0.04500000 0.05000000 0.00000000 0.0% 0.00000000 0.00000000 -0.0% 0.04530000 0.05080000
proph 0.03000000 0.04140000 0.00000000 0.0% 0.00000000 0.00000000 -0.7% 0.03000000 0.04140000
100th 0.26000020 0.28103000 0.00000000 0.0% 0.00000000 0.00000000 -25.6% 0.20000000 0.40400000
pico 0.04500000 0.05000000 0.00000000 0.0% 0.00000000 0.00000000 -0.0% 0.04530000 0.05080000
proph 0.03000000 0.04140000 0.00000000 0.0% 0.00000000 0.00000000 -0.7% 0.03000000 0.04140000
And here: https://picostocks.com/profits/ Profits and Dividends paid by PicoStocks to shareholders on PicoStocks
Quote
Month Dividend fee Trading fee Capital fee Floating fee Total profit Profit per share Dividend paid Updated
2013-09 0.37795579 0.03667700 0.00000000 0.00000000 0.41463279 0.00000041 0.00000000 2013-09-02 01:00:01
Last update is 2013-09-02 01:00:01.2013-09 0.37795579 0.03667700 0.00000000 0.00000000 0.41463279 0.00000041 0.00000000 2013-09-02 01:00:01
It used to update everyday/everyhours,or everyminutes.
And now,not any more.
There must be something wrong.
Because hashrate of AsicMiner is increasing and every share gets more hashing power over time.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
With 100TH (now 200TH) bitcoin mine you get 400MH/s for every share and that is it.
Let me explain really simple.
You buy 1 share of 100TH mine for 0.2BTC.
In 1 month your 1 share have produced 0.05BTC.
But price of share has dropped to 0.1BTC.
Another months passes your earned additional 0.03 for total 0.08BTC, but
share price has dropped to 0.05BTC and is now worth 0.05BTC.
Total earned 0.08BTC with share price at 0.05.
Or 0.2BTC invested 0.13 returned.
Known since before 2012 as "the problem with PMBs."
the mine is too small to deliver reliable dividends to the shareholders
Pretty epic shit.
Not quite the last place. No one but August customers were allowed before 100TH.
The shareholders of 100TH are rewarded for the delays with an additional 100 TH/s gear towards a total of 200 TH/s.
It's a brilliant solution. It seems Bitfury himself will have less chips for his private mine, but a good reputation is more important for him.
The shareholders of 100TH are rewarded for the delays with an additional 100 TH/s gear towards a total of 200 TH/s.
It's a brilliant solution. It seems Bitfury himself will have less chips for his private mine, but a good reputation is more important for him.
August shipping is almost complete. Due to a shortage of M-boards, we won't be shipping starter kits this week. As a stop gap for those customers, I'm pointing the equivalent hashrate to a dedicated pool account, which we will pay out to them when we ship.
This means we will keep everything running (currently 20TH), and add about 40TH this week.
This means we will keep everything running (currently 20TH), and add about 40TH this week.
Is good to now that 100TH shareholders are on the last place. Thanks.
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