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kaerf
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November 27, 2013, 06:04:24 PM |
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so this mine did turn into an infinite add hashrate mine.
no one has said that. |
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buzzdave
VIP
Sr. Member
 Offline
Activity: 472
Merit: 250
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November 27, 2013, 09:03:21 PM |
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so this mine did turn into an infinite add hashrate mine.
No definitely not, but we are trying to deliver a good value. We should be cheaper than cex.io at this point. |
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buzzdave
VIP
Sr. Member
Offline
Activity: 472
Merit: 250
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November 28, 2013, 05:42:31 AM |
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330TH today - Happy Thanksgiving!
[Don't forget Niko's 50TH makes 380TH]
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Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
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November 28, 2013, 10:26:51 AM |
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Price @ cex.io .069/GH
@ pico .079/GH
So no, not cheaper. At cex spread is small, at pico is huge, so if you want to sell quickly you lose big amount of BTC.
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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gebir
Member
Offline
Activity: 76
Merit: 10
To be or to have
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November 30, 2013, 01:40:45 AM |
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PicoStocks is down for a while and will remain like this for sure over the weekend. Funds from our hot wallet and cold wallet account have been stolenhttp://blockchain.info/address/1NzM1bdTKuK9z3pQUCc1raXPezYUenSNWjhttp://blockchain.info/address/12RAM7r4EraZ5ESU5QJwe8sS3gj3YYEgpFThere is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted. This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned. We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-( |
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snowdropfore
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November 30, 2013, 02:04:17 AM |
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faint， what is exactly going on??
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kaerf
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November 30, 2013, 03:47:51 AM |
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Insider job? Time to get authorities involved. Either that or some muscle.
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kaerf
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November 30, 2013, 06:20:47 AM |
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I still see block payments coming into 19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs. Presumably, the thief has the key to this address, so we should be mining to a new dividend address.
Dave/Tytus, can you make sure that all mining income is being diverted to the new dividend address? Also, please post the address of the new dividend address.
I feel bad for your loss...hope you guys can bounce back from it.
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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November 30, 2013, 12:56:03 PM |
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How could both the wallets have been decrypted simultaneously. Was the password same / similar on both? Something smells fishy here.
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Revewing Bitcoin / Crypto mining Hardware.
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Transisto
Donator
Legendary
Offline
Activity: 1731
Merit: 1008
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November 30, 2013, 01:46:15 PM |
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I got ~90 BTC in there, anyone interested in joining recovery effort PM me.
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mumung
Newbie
Offline
Activity: 56
Merit: 0
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November 30, 2013, 02:46:41 PM |
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you gotta be kidding me!
no encrypted wallet? no cold storage?
i hope the individual dividends were safe?!?
If not tytus can pay me back in his stock.
i tired of loosing coins because of amateurs
and paying for their unprofessionality.
maybe you should pay out the dividends to external
shareholder-addresses directly, daily. then you can continue the
amateur-hour.
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crumbs
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November 30, 2013, 04:33:32 PM |
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Already been done to death, see inputs.io. +0 for creativity  |
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RHA
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November 30, 2013, 06:28:39 PM |
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you gotta be kidding me!
no encrypted wallet? no cold storage?
(...)
The art of reading with understanding is rare lately. PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen
(...)
There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.
This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(
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davecoin
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November 30, 2013, 06:36:10 PM |
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I have a *very* hard time believing Tytus and co. would scam their investors like this. AFAIK this is the only mine of it's kind in the US, also in a relatively public location.
TF didn't have half a million dollars of mining equipment to worry about after running off with the BTC.
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greaterninja
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November 30, 2013, 08:46:47 PM
Last edit: November 30, 2013, 10:59:31 PM by greaterninja |
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Ok...why the hell would you only have 1 wallet for cold storage?
If your cold and hot wallet became decrypted, then I am assuming you had the same password for both wallets? Why only 2 wallets?
If you are running a mine in the Th/s realm, let alone hundreds of TH/s then you should not be sharing your cold wallet. Secondly you should have balances on multiple encrypted cold wallets.
This raises some serious issues on who is responsible.
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bulltrap
Member
Offline
Activity: 76
Merit: 10
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November 30, 2013, 11:43:19 PM |
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you gotta be kidding me!
no encrypted wallet? no cold storage?
(...)
The art of reading with understanding is rare lately. PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen
(...)
There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.
This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(
Don't really understand all the user comments posted here too. I guess it's a mix of not being able to read and trolling. Tytus said they would reimburse everything so what is the problem? |
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crumbs
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December 01, 2013, 12:36:08 AM |
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...
Don't really understand all the user comments posted here too. I guess it's a mix of not being able to read and trolling. Tytus said they would reimburse everything so what is the problem?
The problem is so did Ukyo. And TradeFortress. Does this help? |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 01, 2013, 01:39:49 AM |
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you gotta be kidding me!
no encrypted wallet? no cold storage?
i hope the individual dividends were safe?!?
If not tytus can pay me back in his stock.
i tired of loosing coins because of amateurs
and paying for their unprofessionality.
maybe you should pay out the dividends to external
shareholder-addresses directly, daily. then you can continue the
amateur-hour.
 DERP! WE ACCIDENTALLY ALL THE BITCONES!!! DERP! |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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goxed
Legendary
Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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December 02, 2013, 09:33:50 PM |
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Any updates? Thanks
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Revewing Bitcoin / Crypto mining Hardware.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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December 02, 2013, 11:45:28 PM |
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Any updates? Thanks
 EDIT: TIL "cold" wallets are sometimes connected to the internet.  |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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