Gigamining / Teramining

[jamesg]

Teramining ran at 80.92% last week due to some outages of miners and bad luck at the pool.

Tracking numbers have been received for our next 32Th deployment and some of our team is flying out to the location to install the equipment tomorrow morning. 

[jamesg]

I'm happy to report another 32Th is up and running replacing 5.7Th of older BFL 65nm equipment.

Teramining is now at ~79Th/s.

[jamesg]

Teramining ran at 77.32% of PPS last week due to some mining funds not hitting the wallet within last weeks time window. Next week should have a sizable bump up.

For the diff period 8,000,872,136, we ran at 95.7% of PPS.

Looking ahead, we'll keep mining at this rate for a little while to see what happens with the network. Diff changes are definitely slowing down so it is looking like a longer term play is starting to become more feasible and less risky.

[jamesg]

Teramining ran at 117.32% of PPS last week.

Small catastrophe happened over the weekend that caused 103Th to go down early Saturday morning. We quickly found the issue and were back to full speed by Sunday and 1pm.

[BurtW]

Teramining ran at 117.32% of PPS last week.

Small catastrophe happened over the weekend that caused 103Th to go down early Saturday morning. We quickly found the issue and were back to full speed by Sunday and 1pm.

That is a much quicker turn around than localbitcions on their hardware issues.  Thanks!

[jamesg]

All Teramining business will be dealt with tomorrow due to the American holiday today.

[jamesg]

Teramining ran at 100.60% of PPS last week.

For the difficulty period 8,853,416,309, we ran at 101.54%.

All of our Antminer S2 equipment is Kansas has been retrofitted with hashing boards that do not lose speed over time. This is great news as we'll be doing the same to the 200Th operation so that it runs at 200Th. This is also good for purchasing and receiving more equipment in the near future.

[jamesg]

The teramining contract officially starts tomorrow August 26th, 2013 and will run through May 26th, 2014. This term is guaranteed even if the equipment costs more to run than it is making for Teraminers.

Yesterday we reached the 9 month mark for Teramining which means that the contractual obligations have been met. However, Teramining will continue due to the unprecedented increase in global hash rate and recent investments into more mining gear.

[jamesg]

Teramining ran at 100.84% of PPS last week.

For the month of May 2014 we ran at 96.25%.

Work has started to stabilize the 200Th mine with fixes provided from Bitmain. We should see a net 20Th increase once we are completed.

[jamesg]

Teramining ran at 105.69% of PPS last week.

For the difficulty period 10,455,720,138 we ran at 104.87%.

We have completed the work to stablize all Bitmain S2 units and have been at our expected hash rate since Thursday.

Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.

[BurtW]

Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.

Yowza!

[jamesg]

Teramining ran at 93.70% of PPS last week.

Looking ahead, I'm going to try and triple our total hash rate by the end of July. We'll see how things progress.

Seems demand for Bitmain's discontinued Antminer S1 is large enough that I've decided to liquidate our S1 miners to make room for more power efficient equipment to come in the near future.

This means that our total hash rate will be dropping over the coming weeks, up to 102Th, but it also means that we will have DC space 100% ready to accept new equipment.

[tuanvie]

This seems good, I will study it first before trying to join

[BurtW]

This seems good, I will study it first before trying to join

Sorry, it is closed and you cannot join.

[Otoh]

This seems good, I will study it first before trying to join

Sorry, it is closed and you cannot join.

[Cuslado]

There are multiple threads about mining "perpetual mining bonds" aka "turds", so I am not going in to details here. Wink   

[jamesg]

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[jamesg]

6/30 - 113.63% of PPS
7/7 - 94.35% of PPS

diff period 13,462,580,115 - 104.36% of PPS

month of June - 103.48% of PPS

Due to the need to serve paid Teramining upgrades, all free upgrades to Teramining will be ended after Monday, June 28th, 2014.

I've gone above and beyond all contract terms including extending the term and increasing the hash rate of Teramining by more than 38 times.

I am open to discussion about this, but any inflammatory posts will cause the thread to be locked as the thread is not self moderated.

Please be civil and I will answer questions to the best of my ability.

[apepoof]

Any chance to get invited? or buy someones position?

[jamesg]

Any chance to get invited? or buy someones position?

No.