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Title: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: gweedo on May 23, 2013, 11:55:55 PM http://techcrunch.com/2013/05/23/the-cryonic-bitcoin-mining-machine-is-15000-of-pure-btc-power/
Quote It’s almost impossible for the average computer to mine Bitcoins in any efficient way, hence the rise of Bitcoin mining machines so tuned to their specific purpose that they barely resemble PCs. To wit: the Cryonic Bitcoin FrostBit machine is a PC in name only and contains a liquid nitrogen generator, special ASIC chips, and a price tag that would make the Winklevii twins think twice. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: solex on May 24, 2013, 12:09:04 AM Their FAQ is a riot:
e.g. CAN I USE MY FROSTBIT™ CRYONIC UNIT TO MINE FOR LITECOIN, PROCESS VIDEO, OR ANYTHING ELSE? Our team will continue to make it possible to upgrade your FrostBit™ 1000 Cryonic Bitmining unit to allow for additional unit capabilities. Register for updates to learn more about the FrostBit™ 3D upgrade. ??? Looks like they have spent all their effort on a nice website before even learning about Bitcoin mining. Classic vaporware offering... Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: cypherdoc on May 24, 2013, 12:30:24 AM sure does stimulate the imagination though ;)
Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: Gamelord on May 24, 2013, 12:31:29 AM Very interesting LOL
Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: gweedo on May 24, 2013, 12:34:48 AM Also you can't pay for it in bitcoins only USD. LMAO
Quote What are you going to pay for this ridiculous machine? Try a cool $15,000, which, sadly, you can’t pay for in BTC. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: BTC Books on May 24, 2013, 12:37:18 AM From the TechCrunch article:
Quote To put that in perspective a strong PC with good graphics card can hit about 100 GH/S and in my experience I haven’t been able to get any my machines to hit higher than 50 GH/S. Yeah. He said that. From the Cryoniks website (which, BTW, has disabled right-click copy/paste): Quote We’ve taken ASIC processing to the next level with our patent pending ASIC+ Cryonic Architecture™ featuring select low-temperature superconducting materials. I'm unaware of any materials which exhibit superconductivity at 77K, and which are also useful in constructing those parts of computers that contribute to any processing tasks. Does anyone know of any? So what is the purpose of superconductivity in this device? Marketing? This is not looking real... Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: aigeezer on May 24, 2013, 12:39:07 AM "we cut down power consumption to around 2800W per unit".
Hmmn. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: BTC Books on May 24, 2013, 12:43:18 AM "we cut down power consumption to around 2800W per unit". Hmmn. Mmmph. Yeah - you take a device of that form factor, with the internals distributed the way their cutaway views show... then you pump 2800W into it and try to maintain 77K. Not gonna happen. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: grue on May 24, 2013, 12:51:03 AM Quote liquid nitrogen generator Quote a strong PC with good graphics card can hit about 100 GH/S I lol'dTitle: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: BTC Books on May 24, 2013, 01:05:50 AM Christ we've all turned into a bunch of cynics... ::)
Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: solex on May 24, 2013, 01:07:47 AM Christ we've all turned into a bunch of cynics... ::) Bitcoin is turning into big money. Imagine all the scams when BTC = $1,000. Every low-life on the planet will be scrambling to part the unwary from their coins. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: adamthefishman on May 24, 2013, 02:12:02 AM I think a few of the inaccuracies are by the reporter and not the manufacturer.
Still funny though Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: no name on May 24, 2013, 09:32:33 AM above link is broken! fake news? Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: solex on May 24, 2013, 09:35:49 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: no name on May 24, 2013, 09:41:05 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Thanks! https://cryoniks.com/#!/home/ Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: kiko on May 24, 2013, 09:58:22 AM Wait. Does this mean I won't get my $15k wire transfer back?
Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: kjlimo on May 24, 2013, 11:11:53 AM Wait. Does this mean I won't get my $15k wire transfer back? Lol, well this topic was a funny read... time to update thread title to include an all caps SCAM? Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: Akka on May 24, 2013, 11:13:29 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Link still works for me. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: solex on May 24, 2013, 11:15:26 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Link still works for me. Try shift+F5 Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: Akka on May 24, 2013, 11:18:13 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Link still works for me. Try shift+F5 Still works. Edit: VPN with USA IP and it's gone. :P odd. Title: Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power Post by: solex on May 24, 2013, 11:23:27 AM above link is broken! fake news? Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it. Link still works for me. Try shift+F5 Still works. Edit: VPN with USA IP and it's gone. :P odd. Yeah, I get a 404, so maybe a mirror server in Europe with masked address You've caught us with our pants down! Well, this is embarrassing. We can't find the page you asked for. Bad link? Mistyped address? We're not sure. Perhaps a search will get you on your way. If you think something's wrong, contact us. Now if you'll just turn around for a moment we'll be putting our pants back on... |