# \[ANN\] Cloud mine Bitcoin from your Counterparty wallet! GIGAHASH **URL:** \ **Category:** Marketplace\ **Created:** [April 13, 2014, 10:32pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235 "2014-04-13T22:32:58Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![sparta\_cuss](https://avatars.discourse-cdn.com/v4/letter/s/8491ac/32.png) [@sparta\_cuss](https://forums.counterparty.io/u/sparta_cuss)\ **Post date:** [May 30, 2014, 1:18am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/21 "2014-05-30T01:18:22Z")
[quote author=Global\_trade\_repo link=topic=249.msg2498#msg2498 date=1401426901] [quote author=sparta\_cuss link=topic=249.msg2497#msg2497 date=1401423746] I haven’t seen a dividend payout in almost 2 weeks. Is anything wrong? [/quote] Hi sparta\_cuss, There has been a couple of minor problems which caused a drop in hash rate. That will be compensated in the next payout. That would only contribute to a small factor to a longer than expected payout. Majority of the delay is due to the timing of the mining to the new wallet. The way Eligius works is that you need to reach a minimum amount before entering the payment queue. The cutover wasn’t ideal to the new wallet so there are some funds that will be sent to the old address and some to the new address. The amount of time to reach the minimum amount will take longer. The final factor is that the bitcoin difficulty jumped ~18% on May 24th which corresponds to a respective slow down in ROI [https://bitcoinwisdom.com/bitcoin/difficulty](https://bitcoinwisdom.com/bitcoin/difficulty) tldr; Dividend is coming. It will be correspondingly larger than usual [/quote] Thanks for the quick and thorough response. I figured that the increase in difficulty was the reason, but I did not consider the other issues. I’m glad to know that we’re still in the game. ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [June 4, 2014, 6:40am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/22 "2014-06-04T06:40:03Z")
Hi All, My apologies for the delay. I have just sent out the most recent distribution. Total received by mining: 0.06704777 I have waived the 3% fee and rounded up to compensate for the down time: 0.07 The total amount of distribution per GIGAHASH is: 0.000875 [https://blockchain.info/tx/8a68570085038b911a8b3133e24a29fbce897a60d8bb8d92f4ce64227b2364d5](https://blockchain.info/tx/8a68570085038b911a8b3133e24a29fbce897a60d8bb8d92f4ce64227b2364d5) ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [June 11, 2014, 12:49am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/23 "2014-06-11T00:49:13Z")
Hi All, I have sourced a further 50 GIGAHASH and I have increased the issuance accordingly. I will put up buy orders for XCP and BTC. This is hashing at [GHASH.IO](http://GHASH.IO) and I will provide the graphs of the hash rate at each dividend payout in the future. Happy mining! ---
**Author:** ![cryptonaut](https://avatars.discourse-cdn.com/v4/letter/c/848f3c/32.png) [@cryptonaut](https://forums.counterparty.io/u/cryptonaut)\ **Post date:** [June 11, 2014, 1:33am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/24 "2014-06-11T01:33:50Z")
Blockscan doesnt show any dividends paid for gigahash. Do you not use counterparty to pay dividends and do it manually? ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [June 11, 2014, 1:54am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/25 "2014-06-11T01:54:35Z")
[quote author=cryptonaut link=topic=249.msg2618#msg2618 date=1402464830] Blockscan doesnt show any dividends paid for gigahash. Do you not use counterparty to pay dividends and do it manually? [/quote] Yes, I use Counterparty but dividends paid in BTC aren’t recorded in the Counterparty ledger. The history of dividend payments and the respective blockchain.info TX links can be found in this thread. It isn’t unfortunately all out of one address which would make it easy to look up. This is because I initially started with the CLI and then moved wallets in Counterwallet a couple of times. ---
**Author:** ![cryptonaut](https://avatars.discourse-cdn.com/v4/letter/c/848f3c/32.png) [@cryptonaut](https://forums.counterparty.io/u/cryptonaut)\ **Post date:** [June 11, 2014, 10:28am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/26 "2014-06-11T10:28:17Z")
[quote author=Global\_trade\_repo link=topic=249.msg2623#msg2623 date=1402466075] [quote author=cryptonaut link=topic=249.msg2618#msg2618 date=1402464830] Blockscan doesnt show any dividends paid for gigahash. Do you not use counterparty to pay dividends and do it manually? [/quote] Yes, I use Counterparty but dividends paid in BTC aren’t recorded in the Counterparty ledger. The history of dividend payments and the respective blockchain.info TX links can be found in this thread. It isn’t unfortunately all out of one address which would make it easy to look up. This is because I initially started with the CLI and then moved wallets in Counterwallet a couple of times. [/quote] Hmm, so on blockscan the dividends page would only show dividends paid in another asset? ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [June 11, 2014, 10:55pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/27 "2014-06-11T22:55:31Z")
[quote author=cryptonaut link=topic=249.msg2632#msg2632 date=1402496897] on blockscan the dividends page would only show dividends paid in another asset? [/quote] Blockscan will show dividends paid in any Counterparty asset. It can’t show dividends paid in BTC because that is not recorded as a Counterparty transaction. ---
**Author:** ![cryptonaut](https://avatars.discourse-cdn.com/v4/letter/c/848f3c/32.png) [@cryptonaut](https://forums.counterparty.io/u/cryptonaut)\ **Post date:** [June 11, 2014, 11:09pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/28 "2014-06-11T23:09:48Z")
[quote author=Global\_trade\_repo link=topic=249.msg2638#msg2638 date=1402541731] [quote author=cryptonaut link=topic=249.msg2632#msg2632 date=1402496897] on blockscan the dividends page would only show dividends paid in another asset? [/quote] Blockscan will show dividends paid in any Counterparty asset. It can’t show dividends paid in BTC because that is not recorded as a Counterparty transaction. [/quote] hmm interesting. seems like it would be useful to some how record that though, since most dividends are probably going to be in btc I would think. ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [June 18, 2014, 9:23am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/29 "2014-06-18T09:23:18Z")
[EDIT: I am getting an error in Counterwallet whilst making the dividend payment. Thanks for your patience. [https://forums.counterparty.co/index.php/topic,188.msg2720.html#msg2720](https://forums.counterparty.co/index.php/topic,188.msg2720.html#msg2720) EDIT2: I tried again and it worked.[font=verdana, arial, helvetica, sans-serif][size=1]][/size][/font] Hi All, It’s that time again! Keep in mind that we added 50 GIGAHASH to the pool so the gross figures are higher than they were previously. Payout from Eligius + Payout from [Ghash.io](http://Ghash.io) = 0.04208288 + 0.04948801 = 0.09157089 Minus 3% fee = 0.088823763 Total dividend per GIGAHASH = 0.00068326 [https://blockchain.info/tx/964401dee08ff6225c781e5e5f6e16ab3f09a552d0556376e219ab0831e95fce](https://blockchain.info/tx/964401dee08ff6225c781e5e5f6e16ab3f09a552d0556376e219ab0831e95fce) There is still plenty of time and GIGAHASH for new people to jump on board and mine from Counterwallet. GIGAHASH is for sale for both XCP and BTC on the DEx. Happy mining! Hash rate graph from [ghash.io](http://ghash.io): ![](https://forums.counterparty.io/uploads/counterpartytalk/184/8f1056c5e1b20994.png) Please see the first post in this thread for Eligius stats. ---
**Author:** ![hozer](https://avatars.discourse-cdn.com/v4/letter/h/5fc32e/32.png) [@hozer](https://forums.counterparty.io/u/hozer)\ **Post date:** [June 25, 2014, 9:19pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/30 "2014-06-25T21:19:34Z")
I have 7 Butterfly Labs singles that do around 45 Gigahash, do you think there would be some interest in more hash power or collaborating in some way? I’m already inventing enough wheels with the SOYBEANS asset I don’t need the hassle of running my own miners anymore. But to protect my ability to do commodities trades, I need to control hashpower and direct it at pools that I’m sure are going to process my counterparty transactions in a reasonable time. [Ghash.io](http://Ghash.io) does not meet these requirements 🙂 ---
**Author:** ![sparta\_cuss](https://avatars.discourse-cdn.com/v4/letter/s/8491ac/32.png) [@sparta\_cuss](https://forums.counterparty.io/u/sparta_cuss)\ **Post date:** [July 5, 2014, 12:29am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/31 "2014-07-05T00:29:01Z")
I feel like I’m always asking about the next payout. I hate to be that guy, but it’s been more than two weeks. Should we expect a dividend soon? ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [July 10, 2014, 9:14am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/32 "2014-07-10T09:14:59Z")
Apologies for the delay. I didn’t pay within the 24 hours due to attendance of the Melbourne conference. The 3% fee has been waived for this period. Total payout = 0.04208288+0.02707485 = 0.06915773 Total dividend per GIGAHASH = 0.00053198 [https://blockchain.info/tx/2c8f9bd2c0d41aeddb2cc01a69bf7018241e53ec89582455312569fc07a1b11f](https://blockchain.info/tx/2c8f9bd2c0d41aeddb2cc01a69bf7018241e53ec89582455312569fc07a1b11f) ![](https://forums.counterparty.io/uploads/counterpartytalk/186/79554dfbff1fbce2.png) The time between payouts are starting to get a little long due to difficulty increases. Are there any objections if I reduce the payout barrier on Eligius to make payouts more timely? This will cause the respective drop in dividend. ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [July 20, 2014, 7:38am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/33 "2014-07-20T07:38:28Z")
Hi Miners, FYI another dividend will be made in about 1 week. The rising difficulty is causing the time between dividends to increase. After the next dividend, all hash power will be moved to [ghash.io](http://ghash.io). This is because [ghash.io](http://ghash.io) has regular (small) payouts and I will be able to pay dividends at a set interval (such as every week). The impact is that the dividends will get smaller. The other change that will come is that dividends will be paid in XBTC. This is to enable a) distribution of very small amounts of dividend without the amounts becoming lower than dust and b) dividends will be visible in the Counterparty ledger. If anyone has any issues with the above, please yell out now! ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [August 1, 2014, 7:04am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/34 "2014-08-01T07:04:43Z")
\*\* edit: I am trying to pay the dividend but I am unable to pay it. cf [https://forums.counterparty.co/index.php/topic,188.msg2968.html#msg2968](https://forums.counterparty.co/index.php/topic,188.msg2968.html#msg2968) edit2: I wasn't able to pay via BTC so I paid with XBTC \*\* Hi All, Payout from Eligius + Payout from [Ghash.io](http://Ghash.io) = 0.04208288 + 0.02363263 = 0.06571551 Minus 3% fee = 0.063744045 Total dividend per GIGAHASH = 0.00049034 [color=green]As mentioned in the previous post, I will be changing to XBTC for distributions and all hash rate has been moved to [ghash.io](http://ghash.io).[/color] ![](https://forums.counterparty.io/uploads/counterpartytalk/185/a16873459e88d95c.png) ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [August 11, 2014, 7:25am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/35 "2014-08-11T07:25:47Z")
Howdy Miners, Welcome to the first week of more consistent payouts in XBTC! Total payout = 0.01606729 Minus 3% = 0.01558527 Total dividend per GIGAHASH = 0.00011989 ![](http://i.imgur.com/szmyw8X.png?1) ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [August 20, 2014, 2:01am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/36 "2014-08-20T02:01:31Z")
Hi All, Total payout = 0.01806548 Minus 3% = 0.01752352 Total dividend per GIGAHASH = 0.0001348 ![](http://i.imgur.com/RCHEvvA.png) ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [August 25, 2014, 7:15am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/37 "2014-08-25T07:15:37Z")
Total payout = 0.00461770 Minus 3% = 0.004525346 Total dividend per GIGAHASH = 0.00003481 ![](http://i.imgur.com/UIn56Tn.png?1) ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [September 2, 2014, 12:58am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/38 "2014-09-02T00:58:30Z")
Hi All, Total payout = 0.01343490 Minus 3% = 0.013031853 Total dividend per GIGAHASH = 0.00010025 ![](http://i.imgur.com/Iw2zEOK.png) ---
**Author:** ![romerun](https://avatars.discourse-cdn.com/v4/letter/r/7ea924/32.png) [@romerun](https://forums.counterparty.io/u/romerun)\ **Post date:** [September 4, 2014, 5:01pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/39 "2014-09-04T17:01:27Z")
so, dividend is paid by XBTC now ? Do you have the transaction ? I have a hard time tracking payments on my addresses these days as there are too many txs happening. ---
**Author:** ![Global\_trade\_repo](https://avatars.discourse-cdn.com/v4/letter/g/8baadc/32.png) [@Global\_trade\_repo](https://forums.counterparty.io/u/Global_trade_repo)\ **Post date:** [September 5, 2014, 6:44am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/40 "2014-09-05T06:44:11Z")
[quote author=romerun link=topic=249.msg3301#msg3301 date=1409864487] so, dividend is paid by XBTC now ? Do you have the transaction ? I have a hard time tracking payments on my addresses these days as there are too many txs happening. [/quote] Sure, it's this for the newest dividend: [http://www.blockscan.com/tx.aspx?q=4327808](http://www.blockscan.com/tx.aspx?q=4327808) The nice thing about dividends in XBTC is that it's all visible in the Counterparty ledger. [Previous page](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235.md?page=1) [Next page](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235.md?page=3)