# \[ANN\] Cloud mine Bitcoin from your Counterparty wallet! GIGAHASH

**URL:** <https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235>\
**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:** 7\
**Page:** 3

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**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 12, 2014, 6:53am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/41 "2014-09-12T06:53:40Z")

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Hi All,  
  
Total payout = 0.00808959  
Minus 3% = 0.007846902  
Total dividend per GIGAHASH = 0.00006036  
  
TX b00ce27cba6f9eab9ffeefd4c28f27214eca0c100d2668edf7f1fc8149dda590  
  
 ![](http://i.imgur.com/bD9psd3.png?1)

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**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 28, 2014, 11:21pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/42 "2014-09-28T23:21:55Z")

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Hi All,

  

Total payout = 0.00859683

Minus 3% = 0.0083389251

Total dividend per GIGAHASH = 0.00006415

  

TX b00ce27cba6f9eab9ffeefd4c28f27214eca0c100d2668edf7f1fc8149dda590

  

 ![](https://forums.counterparty.io/uploads/counterpartytalk/188/1e7064c0932f1ec8.png)

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<div class="post-metadata">

**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:** [October 17, 2014, 5:59pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/43 "2014-10-17T17:59:48Z")

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Does someone want to buy ~45 GIGAHASH? I need to raise funds for the upcoming Gems ICO. Make an offer.&nbsp;

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**Author:** ![weex](https://avatars.discourse-cdn.com/v4/letter/w/41988e/32.png) [@weex](https://forums.counterparty.io/u/weex)\
**Post date:** [October 17, 2014, 6:28pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/44 "2014-10-17T18:28:35Z")

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There haven’t been any payouts for a few weeks. Are they still hashing?

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**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:** [October 19, 2014, 3:42am UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/45 "2014-10-19T03:42:14Z")

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Good question. I was hoping Jeremy would reply. I know he’s pretty busy with other things, but I think we’ll hear from him before too long.&nbsp;

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**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:** [October 19, 2014, 12:26pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/46 "2014-10-19T12:26:34Z")

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Hi All,  

  

My apologies. yes I have been rather busy. I've also made a decision to unwind the experiment. This is for a few reasons:

  

1) The rapidly increasing difficulty leading to reduced payouts

2) Time constraints

3) CFDs been disabled (which was going to be one of the use cases for GIGAHASH)

  

As such, I've just performed a payout which will refund all holders of GIGAHASH. The amount paid out was 0.01067424 BTC per GIGAHASH which is the original full price as per the first post. If that doesn't cover the amount that you paid, please let me know and I'll sort it out.

  

The TX for the payment is:&nbsp;

  

Thanks for joining in on the experiment and good luck!

  

Regards,

  

Jeremy.

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<div class="post-metadata">

**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:** [October 19, 2014, 4:49pm UTC](https://forums.counterparty.io/t/ann-cloud-mine-bitcoin-from-your-counterparty-wallet-gigahash/235/47 "2014-10-19T16:49:02Z")

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Thank you for inviting us to join in this experiment, and also for the - in my opinion - very generous buyback. This asset did pay out a little bit, after all, and yet you are refunding the full purchase price.&nbsp;

  

It makes sense to terminate the asset for the reasons you have stated. The days of private miners are long over, I am afraid. And, as you say, you have much bigger projects going on for Counterparty right now, and this asset should not be a distraction.&nbsp;

  

It has been a pleasure doing business with you, Jeremy. Thank you for all that you do for Counterparty!

  

Michael

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