[PicoStocks] 100TH/s bitcoin mine [100th] - page 44.

ShawnP

newbie

Activity: 52

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Quote from: Dexter770221 on September 09, 2013, 09:13:11 AM

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.

Quote from: Dexter770221 on September 09, 2013, 09:13:11 AM

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.

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: ShawnP on September 09, 2013, 08:59:27 AM

Quote from: Dexter770221 on September 09, 2013, 08:43:32 AM

Quote from: tinyfox266 on September 09, 2013, 08:21:02 AM

Can it bump to 0.4 btc/share again?

Who knows? When full 200TH hit online then this mine will be delivering highest dividends (for some amount of time) among competition. So if worse AsicMiner can hit >2BTC/share (I know it's not directly comparable) then 0.4 is possible. I think even 1.0 mark is possible.

I dont know if you are purposly deceiving him or just cluless.
This is mining bond which cannot be compared to AsicMiner.
Each share will give 400MH/s. Lets say you buy them at 0.2 BTC per share or 2GH/s per BTC when 200Th will be online.
Even ASICMINER Block Erupter Blade are cheaper than this which everyone with some clue knows they will never return what you pay for them.

I wrote that this cannot be directly comparable. Buying hardware and buying bonds it's another story and also not comparable. So why people pays 10 times more for AsicMiner when they will have same amount of dividends from 200TH mine. 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.

EDIT: To be clear, I have both assets.

ShawnP

newbie

Activity: 52

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Quote from: Dexter770221 on September 09, 2013, 08:43:32 AM

Quote from: tinyfox266 on September 09, 2013, 08:21:02 AM

Can it bump to 0.4 btc/share again?

Who knows? When full 200TH hit online then this mine will be delivering highest dividends (for some amount of time) among competition. So if worse AsicMiner can hit >2BTC/share (I know it's not directly comparable) then 0.4 is possible. I think even 1.0 mark is possible.

I dont know if you are purposly deceiving him or just cluless.
This is mining bond which cannot be compared to AsicMiner.
Each share will give 400MH/s. Lets say you buy them at 0.2 BTC per share or 2GH/s per BTC when 200Th will be online.
Even ASICMINER Block Erupter Blade are cheaper than this which everyone with some clue knows they will never return what you pay for them.

tinyfox266

member

Activity: 67

Merit: 10

Quote from: Dexter770221 on September 09, 2013, 08:43:32 AM

Quote from: tinyfox266 on September 09, 2013, 08:21:02 AM

Can it bump to 0.4 btc/share again?

Who knows? When full 200TH hit online then this mine will be delivering highest dividends (for some amount of time) among competition. So if worse AsicMiner can hit >2BTC/share (I know it's not directly comparable) then 0.4 is possible. I think even 1.0 mark is possible.

Hope your prediction becomes true. Thank you for your consolation.

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: tinyfox266 on September 09, 2013, 08:21:02 AM

Can it bump to 0.4 btc/share again?

Who knows? When full 200TH hit online then this mine will be delivering highest dividends (for some amount of time) among competition. So if worse AsicMiner can hit >2BTC/share (I know it's not directly comparable) then 0.4 is possible. I think even 1.0 mark is possible.

tinyfox266

member

Activity: 67

Merit: 10

Shoud I dump all of them to at the current price to reduce the loss?

tinyfox266

member

Activity: 67

Merit: 10

what's the value of the 100TH share? Can it bump to 0.4 btc/share again? I feel really frustrated now?

MRKLYE

legendary

Activity: 1358

Merit: 1003

Designer - Developer

Quote from: buzzdave on September 09, 2013, 05:50:20 AM

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.

Excited to hear this!

So we will be 60TH by next monday you figure?

buzzdave

vip

Activity: 472

Merit: 250

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.

buzzdave

vip

Activity: 472

Merit: 250

Quote from: Dexter770221 on September 07, 2013, 01:32:37 PM

Quote from: Isokivi on September 07, 2013, 01:06:15 PM

Quote from: dben428 on September 07, 2013, 01:04:06 PM

Quote from: Isokivi on September 07, 2013, 12:59:16 PM

I assume the 100Th mine will eventually solo-mine, but the regular dividents at this stage would suggest pooled mining, which pool is in use ?

BTC Guild was the guess as of a couple pages back. User 50274 is now up to first place, with close to 20 TH.

Quote from: Dexter770221 on September 05, 2013, 08:46:41 AM

Quote from: TheSwede75 on September 04, 2013, 10:11:29 PM

3.73 x 24 as daily mining income from what it looks like right now, so around 12-14 TH online it seems.

Looking at blockchain addressess it may be a user 50274 at btcguild. 15TH/s 2nd place. It's low user number (but <40 blocks found) so it may be an old Dave account.

Why oh why must we suffer the largest possible fees out there ?

Few pages back, there was an info that mine will do solo when whole 200TH hit online, but now it's pool.
Dividends comes from this address:
https://blockchain.info/pl/address/14cZMQk89mRYQkDEj8Rn25AnGoBi5H6uer
and this is btcguild hot wallet.

We'll go solo this week - the pool mining is just a temporary measure while the mine is too small to deliver reliable dividends to the shareholders.

Transisto

donator

Activity: 1731

Merit: 1008

Quote from: RHA on September 09, 2013, 02:43:37 AM

Transisto, did you ever read the 100TH-mine business plan? (http://picostocks.com/businessplan/19)
From page 5:

Quote

The 100TH-mine project is managed by Dave Carlson, Maciej Kaźmierczyk and Leszek Rychlewski.

Leszek is known here as "tytus", Dave as "buzzdave".
Why you ask tytus to post, while you ignore buzzdave posts?
Especially when it is buzzdave who is building 100TH right now.

My apologies, thanks for the information.

RHA

sr. member

Activity: 392

Merit: 250

Transisto, did you ever read the 100TH-mine business plan? (http://picostocks.com/businessplan/19)
From page 5:

Quote

The 100TH-mine project is managed by Dave Carlson, Maciej Kaźmierczyk and Leszek Rychlewski.

Leszek is known here as "tytus", Dave as "buzzdave".
Why you ask tytus to post, while you ignore buzzdave posts?
Especially when it is buzzdave who is building 100TH right now.

Transisto

donator

Activity: 1731

Merit: 1008

I'm not of the type to be reading between the lines and speculating on success of the project though weird transactions at an address.

Can't you provide any update past that "Failed production and change of investment parameters" from 1 month ago ?

Also how does one explain that the OP, Tytus, hasn't posted on anything since 26 June 2013 https://bitcointalksearch.org/topic/m.2589595
With a last sentence being "I will write more about the chip sample program in the next week."

In the meanwhile the exchange went down for close to a week.

Q1 : Is it mining or not ?

Q2 : If not at full capacity, WHEN ?

Q3 : What the fuck ?

Sorry for my ignorance.

radiumsoup

sr. member

Activity: 356

Merit: 255

Quote from: Pale Phoenix on September 08, 2013, 01:11:49 PM

Quote from: radiumsoup on September 08, 2013, 11:45:24 AM

...the troll's what?

I initially read that as "... the troll's twat?" which I think I like better. LOL

I was just politely poking at the apostrophe Wink

I knew what you meant, and didn't want to come across as an asshole, but when I posted that, I was pretty much up to my hat in reading misplaced apostrophes and predictions of people "loosing" their money that I was compelled by my frustrations to vent a little before popping a cork. I love the description of he-who-pretends-to-be-a-she-and-who-must-not-be-named-because-then-I-might-accidentally-be-tricked-into-reading-his-I-mean-her-self-fellating-I-mean-cunnilinguing-drivel-in-a-quoted-context. Made me smile.

TheSwede75

full member

Activity: 224

Merit: 100

Quote from: MPOE-PR on September 08, 2013, 05:24:40 AM

Quote from: dben428 on September 07, 2013, 05:30:32 PM

Quote from: MPOE-PR on September 07, 2013, 05:09:47 PM

Quote from: snowdropfore on September 02, 2013, 09:25:14 PM

it seems the hashrate is going up and up, good to see it.

The hashrate is exactly zero. Precisely so.

If you suggest there is no hashrate, are you implying that they are paying dividends out of pocket?

I'm not implying it, I'm saying it. Re-read this thread, these are pretty much well known scammers by this point.

Quote from: TheSwede75 on September 08, 2013, 12:15:56 AM

Lets just say that there is a reason she can be found on the ignore list of most scammers.

FTFY, and yes there is a reason. That reason is that said scammers are too fucking stupid to review the history, and thus learn by reading that the pile of dead scammers under my feet, gutted and beheaded in a bloody mess is much larger than the pile of scammers currently running around.

They prefer learning by doing, and fuck me if I mind.

Seems to me that the sand in your vagina might really be getting to you. Is there even a single project you have yet to call scam on? Personally I really only know of one perpetual scam here running as of now and that would be your own mock-exchange that trades only shares in your own exchange. Talk about ponzi scheme.

Pale Phoenix

sr. member

Activity: 420

Merit: 250

Quote from: radiumsoup on September 08, 2013, 11:45:24 AM

...the troll's what?

I initially read that as "... the troll's twat?" which I think I like better. LOL

With regard to MPOE-FUD, as others have mentioned, do not engage rogue PR bots. This particular bot is the first experimental prototype built by Mircea Popescu Fembots Unincorporated (ticker: MPFU, soon to be listed on MPex), and as such, lacks a serviceable logic board.

In the early pages of this thread she flung accusations of incompetence at Bitfury as well, and we all know how he's delivered. The fact that Bitfury worked with OP (tytus) on the chips for this venture, and that these chips now account for a huge percentage of the network, demonstrates just how difficult it is for old bots to process new information.

radiumsoup

sr. member

Activity: 356

Merit: 255

Quote from: gebir on September 08, 2013, 06:35:50 AM

         \|||/       
         (o o)       
,----ooO--(_)-------.
| Please            |
|   don't feed the  |
|     TROLL's !     |
'--------------Ooo--'
        |__|__|      
         || ||       
        ooO Ooo

...the troll's what?

gebir

member

Activity: 76

Merit: 10

To be or to have

         \|||/       
         (o o)       
,----ooO--(_)-------.
| Please            |
|   don't feed the  |
|     TROLL's !     |
'--------------Ooo--'
        |__|__|      
         || ||       
        ooO Ooo

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: dben428 on September 07, 2013, 05:30:32 PM

Quote from: MPOE-PR on September 07, 2013, 05:09:47 PM

Quote from: snowdropfore on September 02, 2013, 09:25:14 PM

it seems the hashrate is going up and up, good to see it.

The hashrate is exactly zero. Precisely so.

If you suggest there is no hashrate, are you implying that they are paying dividends out of pocket?

I'm not implying it, I'm saying it. Re-read this thread, these are pretty much well known scammers by this point.

Quote from: TheSwede75 on September 08, 2013, 12:15:56 AM

Lets just say that there is a reason she can be found on the ignore list of most scammers.

FTFY, and yes there is a reason. That reason is that said scammers are too fucking stupid to review the history, and thus learn by reading that the pile of dead scammers under my feet, gutted and beheaded in a bloody mess is much larger than the pile of scammers currently running around.

They prefer learning by doing, and fuck me if I mind.

yuchuanzhen

full member

Activity: 234

Merit: 100

Quote from: TheSwede75 on September 08, 2013, 12:12:00 AM

Quote from: snowdropfore on September 07, 2013, 08:54:54 AM

cause 200th is PMB, that means it will died anyway,so the shares price will not change a lot ,no one will buy the PMB, it seems so many share holders want to out ,because they have too many shares want to sell,but so little people want to buy .

Was that even English?

Go back home https://bitcointalksearch.org/topic/labcoin-ipo-btctco-detailsfaq-and-discussion-asic-devsalesmining-263445

Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 44. (Read 470221 times)