Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ohiwastedmylif on July 20, 2013, 09:52:10 PM



Title: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 20, 2013, 09:52:10 PM
http://scryptasic.org/ (http://scryptasic.org/)

500 Watt PSU pushing 50,000 Kh/s avg.

Feasibility of this?

/Discuss


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: OnlyC on July 20, 2013, 09:54:26 PM
A company with wordpress as Homepage?
Who can trust them?


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: relm9 on July 20, 2013, 10:02:01 PM
It is an obvious scam.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 20, 2013, 10:06:53 PM
That is the hash rate of around 77 7950 GPUs clocked at 650Kh/s.
Something comparative to 230GB of GDDR5.
It would require 25,000 Watts (at least) to run a 7950-based comparative rig.

These numbers seem way too far off to be legitimate for a memory intensive algorithm.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: skull88 on July 20, 2013, 10:50:50 PM
http://cdn.rsvlts.com/wp-content/uploads/2013/02/seems-legit-part4-18.jpeg


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 21, 2013, 12:20:48 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: seleme on July 21, 2013, 01:26:56 AM
Whata a joke, lol


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: skull88 on July 21, 2013, 01:40:43 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.
No need for Google if the logo on the case says Cooler Master.
But why would that imply a scam?

Don't get me wrong, this is a scam, but I don't see what that has to do with using Cooler Master cases?

edit: ok the weight/dimensions


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 21, 2013, 01:44:55 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.
No need for Google if the logo on the case says Cooler Master.
But why would that imply a scam?

Don't get me wrong, this is a scam, but I don't see what that has to do with using Cooler Master cases?

edit: ok the weight/dimensions

Plus, who in their right mind would use that case when designing an ASIC?

The layout just isn't made for that; there are much better cases out there for boards.

And if they have the time/resources to make a Scrypt ASIC, they definitely would have time to design their own case.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Operatr on July 21, 2013, 01:48:59 AM
Well, lets go down the list shall we-

CEO not revealing who he actually is, or who the team is: Check
Half-assed website: Check
Outrageous performance claims with zero evidence or screenshots: Check
Claims to have hardware but provides zero evidence or photos: Check
Stock photo of a PC case as a product image: Check
ID protection on domain: Check


The only thing that says "wishful thinking" more than scam to me is the fact they at least have no buy button on there yet.


That aside Scrypt ASIC, like any ASIC, requires a lot of R&D capital, I just can't see it being viable yet with Litecoin's current valuation. And given Scrypt ASICs would not give nearly the performance gains like SHA coins did, they may not be much better than FPGAs for price/performance.

Looks plenty scammy but is so far harmless until they start accepting orders



Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 21, 2013, 01:50:37 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.

They have to put it in something. Nothing wrong with using an existing case for a product. It clearly says the cooler master logo on the front of it...

Worst reply ever haha.

The case is totally fine it fits 2 full size GPUs in it. But the mathematics still do not work out with output vs power usage vs required memory


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 21, 2013, 01:54:39 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.

They have to put it in something. Nothing wrong with using an existing case for a product. It clearly says the cooler master logo on the front of it...

Worst reply ever haha.

The case is totally fine it fits 2 full size GPUs in it. But the mathematics still do not work out with output vs power usage vs required memory

So why are their dimensions and weight off by so much?  ::)

I can't expect an 8kg case to suddenly go down to 4kg after installing the boards + psu, even if they remove some of the crap inside.



Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 21, 2013, 01:57:27 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.

They have to put it in something. Nothing wrong with using an existing case for a product. It clearly says the cooler master logo on the front of it...

Worst reply ever haha.

The case is totally fine it fits 2 full size GPUs in it. But the mathematics still do not work out with output vs power usage vs required memory

So why are their dimensions and weight off by so much?  ::)

I can't expect an 8kg case to suddenly go down to 4kg after installing the boards + psu, even if they remove some of the crap inside.



Not commenting on that. That is just a blatant fail on their part. Even more proof they are scammers.

You just wrote some Sherlock response to something blatantly known, it was a CM case.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 21, 2013, 02:00:45 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.

They have to put it in something. Nothing wrong with using an existing case for a product. It clearly says the cooler master logo on the front of it...

Worst reply ever haha.

The case is totally fine it fits 2 full size GPUs in it. But the mathematics still do not work out with output vs power usage vs required memory

So why are their dimensions and weight off by so much?  ::)

I can't expect an 8kg case to suddenly go down to 4kg after installing the boards + psu, even if they remove some of the crap inside.



Not commenting on that. That is just a blatant fail on their part. Even more proof they are scammers.

You just wrote some Sherlock response to something blatantly known, it was a CM case.

lol I was just pointing that out in case someone didn't notice.

It is a lot less efficient to use a prebuilt case as you'll have to design your boards to their specifications.

Anyways, I sent them a message about why their dimensions & weight are off.

Should be fun reading the reply  :)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: skull88 on July 21, 2013, 02:07:40 AM
LOL their image of the "ASIC" is a Cooler Master

http://www.coolermaster-usa.com/product.php?product_id=10020

Next time, copy & paste the image URL into Google image search and see what comes up.

Why would they need one of those for an ASIC.

Edit: Also their dimensions are off and they say their ASIC only weighs 4kg while the case alone weighs ~8kg.
No need for Google if the logo on the case says Cooler Master.
But why would that imply a scam?

Don't get me wrong, this is a scam, but I don't see what that has to do with using Cooler Master cases?

edit: ok the weight/dimensions

Plus, who in their right mind would use that case when designing an ASIC?

The layout just isn't made for that; there are much better cases out there for boards.

And if they have the time/resources to make a Scrypt ASIC, they definitely would have time to design their own case.
To be honest, if I would have the capabilities and the funds to produce ASIC's, I probably wouldn't bother with designing and producing a fancy case.
It would only drive up the costs and people would buy it anyhow, I would just look for a case that fits and that's it. Don't think any miner would say "Cool a Scrypt ASIC, but I'm not buying it without an exclusive case!"  :P


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: DeathAndTaxes on July 21, 2013, 02:16:59 AM
Something comparative to 230GB of GDDR5.

Um it is certainly a scam but what does 230 GB of GDDR5 have to do with anything?  You do realize Script uses none of the main memory on a GPU.  The main memory has far too much latency (latency for loading from GPU main memory is about 200-300 clock cycles).

A GPU which needed to use main memory would work for 10-20 clock cycles and then up to 300 (totally idle) and then work 10-20 and then wait up to 300, etc.  That is the whole point of scrypt.  A GPU which needs to use main memory on GPU would be beyond useless for hashing however the scrypt used by Litecoin (and others) is intentionally weakened to only use 128KB about 1% of what is recommended for LOW SECURITY (i.e. realtime logins) applications.  That's right Kilobytes of memory.  It uses the L1 cache located on the GPU processor itself (much like it uses L1,L2,L3 cache on a CPU).


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 21, 2013, 03:10:34 AM
Something comparative to 230GB of GDDR5.

Um it is certainly a scam but what does 230 GB of GDDR5 have to do with anything?  You do realize Script uses none of the main memory on a GPU.  The main memory has far too much latency (latency for loading from GPU main memory is about 200-300 clock cycles).

A GPU which needed to use main memory would work for 10-20 clock cycles and then up to 300 (totally idle) and then work 10-20 and then wait up to 300, etc.  That is the whole point of scrypt.  A GPU which needs to use main memory on GPU would be beyond useless for hashing however the scrypt used by Litecoin (and others) is intentionally weakened to only use 128KB about 1% of what is recommended for LOW SECURITY (i.e. realtime logins) applications.  That's right Kilobytes of memory.  It uses the L1 cache located on the GPU processor itself (much like it uses L1,L2,L3 cache on a CPU).

I was just using numbers based on 7950 stats.

How much memory do you think it would need to hash at that rate? You seem more knowledgeable than most at requirements.

Do you think it is actually feasible?


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Tomatocage on July 21, 2013, 03:17:10 AM
Um it is certainly a scam but what does 230 GB of GDDR5 have to do with anything?  You do realize Script uses none of the main memory on a GPU.  The main memory has far too much latency (latency for loading from GPU main memory is about 200-300 clock cycles).

A GPU which needed to use main memory would work for 10-20 clock cycles and then up to 300 (totally idle) and then work 10-20 and then wait up to 300, etc.  That is the whole point of scrypt.  A GPU which needs to use main memory on GPU would be beyond useless for hashing however the scrypt used by Litecoin (and others) is intentionally weakened to only use 128KB about 1% of what is recommended for LOW SECURITY (i.e. realtime logins) applications.  That's right Kilobytes of memory.  It uses the L1 cache located on the GPU processor itself (much like it uses L1,L2,L3 cache on a CPU).

DaT > *


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: theokep on July 21, 2013, 04:22:43 AM


These guys are a little late in the game, I've had one of those for over year and mine uses a 24 liter water bottle as cooling reservoir.

Not even BFL is ignorant to peddle 50,000 KHS ASIC miners that use only 500W LOL..

~BCX~


https://i.imgur.com/CWmU24q.jpg (http://imgur.com/CWmU24q)

lol, so true. This smells of scam; the specs are not even kind of plausible. BFL wanted to but they figured that their current scam operation was better ;)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: heatgsm on July 21, 2013, 04:55:51 AM
Buy buy buy.... :D   


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Numien on July 21, 2013, 07:09:46 AM
In theory, there's nothing to prevent someone from making an ASIC Litecoin miner. The scrypt function is only resistant to it, not immune. What it does do is force the chip designers to eat up die space with all that memory, instead of using it for more parallelism.

Their claimed rates are... high, but it would probably be possible to at least approach those numbers with current lithography technology. However, the cost of designing, tooling, and manufacturing a chip that powerful would be so huge, it would result in units being sold for at least 7 digits, and nobody is going to pay that for a Litecoin miner. It wouldn't be even remotely worth the cost.

So far as I can see they aren't giving a price yet, but most likely they'll try to match the Bitcoin ASIC designers at low-to-mid 4 digits. If they do, that'll be solid proof it's fiction.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: jdebunt on July 21, 2013, 07:40:32 AM
clearly fake & scam, as said before, a wordpress template?
No contact info?
Stolen images?

Do we really need to go on? :)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Numien on July 22, 2013, 09:30:42 AM
Over 600GB of GDDR5 or its equivalent will be needed and there is no way it's being powered by 500W.

No, it wouldn't need even remotely near that much. Your GPU's mining isn't limited by its available memory, it's limited mostly by its processing speed and number of registers. Those gigabytes of memory are barely touched.

For ASICs, however, even the relatively small amount it needs (quoted as 128kB per core earlier in this thread; I'm not sure that's accurate, my impression was it's only 16kB, based on 16 byte hash size * 1024 scrypt parameter, but I haven't looked into it that closely so could easily be wrong) is a lot of space vs. a 16 byte SHA256 used by Bitcoin.

That, in turn, means a lot less parallelism in a given mm2 of die, meaning you'd have to make a much larger and more complex chip (or have many of them) to get a rate like 50 MH/s.

Of course, that would use more power. But power use can be combatted by using a smaller lithography size, at the price of exponentially more expensive manufacturing equipment.

So yes, in theory, it may be possible to build a 50 MH/s for 500W of power. Possibly. But you'd need multi-billion-dollar chip fab equipment, and the large chips would both be expensive to produce and have a very high percentage of them with errors, needing to be thrown out.

End result, nobody is going to make that in practice. Not arguing against it being obviously fake. :)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on July 29, 2013, 08:59:47 AM
I have been watching this for a while now. They have updated post now and it explains a little bit more but they are really holding their cards to there chest.

I would like to see a newletter signup section added though.

If there was a buy button on there already I would say 100% scam and stay well away but they seem to be holding off right now.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on July 29, 2013, 11:15:30 PM
I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Operatr on July 29, 2013, 11:19:43 PM
I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

A Scrypt ASIC chip cannot just magically switch to SHA and vice versa, this company is telling porky pies, don't send them any money. Bitcoins are valuable why waste them on something as unprofessional and scammy as this dog and pony show.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: DeathAndTaxes on July 29, 2013, 11:24:40 PM
I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

A Scrypt ASIC chip cannot just magically switch to SHA and vice versa, this company is telling porky pies, don't send them any money. Bitcoins are valuable why waste them on something as unprofessional and scammy as this dog and pony show.

Yeah that idiotic statement reduced the chance of it being legit from 0.0001% to 0.0000% even.  No sense in even wasting time.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 29, 2013, 11:26:56 PM
I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

Well if you want to throw away BTC that easily, why not give them to me? I'll take good care of them :)

It'll be a better than investing in a little black box that could magically transform itself so it could hash SHA-256 instead of Scrypt.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 29, 2013, 11:34:22 PM
'koolio' just did a UK meetup and announced that he is working on a FPGA Scrypt miner and had a 'proof of concept' present is what I was told today.

This SAI is from UK as well, would be funny if it was his website.



Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on July 29, 2013, 11:54:03 PM
I would never have believed that SHA ASIC's would see the light of day but they have.

I think a lot of people have been in the background working hard and maybe SAI is full of it but I have a feeling others will follow, even if they fail to deliver.

Just a matter if time.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: ohiwastedmylif on July 30, 2013, 12:10:34 AM
I still do not believe it will be anywhere near as efficient as the BTC ASIC or FPGA. It requires larges ammounts of specific memory hardware in order to increase hashing speeds.

The one thing they could have done to increase hash rates is generate a large table of the needed lookups. You can read a little about it here in this post: http://bitcoin.stackexchange.com/a/1307 (http://bitcoin.stackexchange.com/a/1307)

I was also wondering perhaps there is some way to partition the RAM in order to use less since scrypt does not fully use it all. That would greatly reduce the total RAM needed.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on July 30, 2013, 12:25:02 AM
I'm going to go for it but only order one when batch number 1 opens up. Nothing to lose other that a few Bitcoin. Better than my 25GH's BFL miner that I have yet to see.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on July 30, 2013, 12:38:40 AM
I'm going to go for it but only order one when batch number 1 opens up. Nothing to lose other that a few Bitcoin. Better than my 25GH's BFL miner that I have yet to see.

Please don't tell me you're actually going to fall for this.

We're talking about over $2,000 USD here. At least wait until some tangible proof comes out that the ASIC actually exists before blindly throwing your money away.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Operatr on July 30, 2013, 03:40:50 AM
I would never have believed that SHA ASIC's would see the light of day but they have.

I think a lot of people have been in the background working hard and maybe SAI is full of it but I have a feeling others will follow, even if they fail to deliver.

Just a matter if time.

Though SHA ASIC made sense for SHA, but Scrypt is a very different animal that will not benefit from ASIC nearly as much as SHA coin did. Scrypt was designed deliberately to be a tough hash requiring much more intensive memory usage, economically ASICs for Scrypt may not be that much better than FPGA solutions in performance vs cost, but we'll see. The good news however is that FPGA implementations can be carried over to ASIC hardware :)



Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: fenican on July 30, 2013, 04:56:24 AM
Coolermaster makes some nice looking cases!

http://images.bit-tech.net/news_images/2013/06/cooler-master-unveils-cosmos-se-and-cm-693/cosmos-se-2b.jpg


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: fluffypony on July 30, 2013, 05:07:19 AM
I'm going to go for it but only order one when batch number 1 opens up. Nothing to lose other that a few Bitcoin. Better than my 25GH's BFL miner that I have yet to see.

Please don't be that guy. There is no logical way to conclude that an ASIC is even possible, given the memory requirements of scrypt hashing. If you're going to spend money then phone the company, get all the info you want, and ask for a video demonstration of it hashing!


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: yager on July 30, 2013, 05:47:02 AM
I finally got my asic miner prototype, what a lovely unit.

http://i41.tinypic.com/8z2t6r.jpg

Not quite getting the 50,000 Kh/s yet though :(


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: kramble on July 30, 2013, 08:23:51 AM
For ASICs, however, even the relatively small amount it needs (quoted as 128kB per core earlier in this thread; I'm not sure that's accurate, my impression was it's only 16kB, based on 16 byte hash size * 1024 scrypt parameter, but I haven't looked into it that closely so could easily be wrong) is a lot of space vs. a 16 byte SHA256 used by Bitcoin.

We can trade processing time for memory (TMTO) to reduce the scratchpad size at the expense of processing time (the missing entries are calculated on the fly from the prior scratchpad values). This is used in the GPU miners (the LOOKUP_GAP parameter). It gives a large boost for small values (eg a 64kB scratchpad takes 25% longer to process, but we can fit double the number of cores for an overall 60% throughput gain). I haven't done the math as to how far its possible to take this, but eg on FPGA's the internal memory is the biggest constraint, so there is a lot of free logic, and a 32kB or even 16kB scratchpad is likely to be optimum. (BTW the final PBKDF2_SHA256 hash is 32 bytes, but the salsa mix operates on a 128 byte variable, hence 128 * 1024 = 128kB scratchpad).

The website has similarities to http://alpha-technology.myshopify.com/ also UK based, who claimed to be working on a FPGA miner until his engineers told him it wasn't feasible. Now claims to be developing a GPU miner. Perhaps one of this associates has decided to spin off their own business to sell the concept? Anyway the one being discussed here is clearly a scam, I'm not so sure about alpha-technology, he may just be delusional about what he can achieve.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on July 31, 2013, 01:05:40 PM
I contacted these guys a few days ago, didn't feel like joining their forum until I think about making an order.

They emailed back saying that the 50,000 KH/s might be an overestimation due to size constrictions. I guess they want the unit as small as they can get it, reminds me a little of BFL with unit size.

I asked if they are not releasing something a little smaller and they said one was in the works.

I guess only time will tell but still they are not even asking for any money or pre orders, I take that as a good sign,


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: minerapia on July 31, 2013, 01:19:15 PM
Bait has been set, Now they wait fish to swim to the net, before they collect.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: horeaper on August 01, 2013, 11:14:11 AM
The new image they post:
http://scryptasic.org/wp-content/uploads/2013/07/Scrypt-Miner.jpg
Is a ASUS Z9PE-D8 WS
Which can be found here:
http://techreport.com/news/22625/dual-socket-sandy-bridge-ep-workstation-board-hits-newegg

So, why use a dual CPU board for a "stripped down GPU" miner?  ;D

Total scam!


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: bcp19 on August 01, 2013, 11:24:40 AM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: kramble on August 01, 2013, 01:20:17 PM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

They are talking nonsense.

Quote
(fair usage for commentary...)
As you can see we use motherboard parts that have already been developed for regular PC use but then configure them to our specifications.
The unit itself requires a sizeable amount of memory, space for the ASIC chips (Not many are needed) and then multiple slots for our stripped down GPU’s.
Our main development was the conversion process to bring the SHA-256 ASIC chips to work with our modified GPU’s.
This part of the technology is not going to be disclosed until we start shipping the first batch.

The SHA-256 is a tiny part of the overall algorithm, around 1% or less, and I can't see how a conventional bitcoin SHA-256 ASIC can be used for the PBKDF2_SHA256_80_128 and PBKDF2_SHA256_80_128_32 operations. Perhaps they have some custom ASIC in mind, but its still not dealing with the meat of the algorithm which is the salsa blockmix (for which I assume they are using the GPUs). They really do not know what they are talking about.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Operatr on August 02, 2013, 05:16:35 AM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

GPU's as converters to what?


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: DeathAndTaxes on August 02, 2013, 05:19:36 AM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

GPU's as converters to what?

Scam boosters.  By using GPU in parallel they can increase the efficiency of the transfer of wealth from your pocket to theirs by a staggering 27,123%.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MasterX on August 15, 2013, 03:49:41 PM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

GPU's as converters to what?
mind converters, to make you believe its not a scam ;-)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: bcp19 on August 15, 2013, 03:52:03 PM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

GPU's as converters to what?

Scam boosters.  By using GPU in parallel they can increase the efficiency of the transfer of wealth from your pocket to theirs by a staggering 27,123%.
How?  They are not offering anything for sale yet.  Their claim is that once they HAVE a product, then they will open sales.  No preorders.  If they don't produce a working copy, by their words, you'll have nothing to buy.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on August 15, 2013, 04:27:23 PM
They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

GPU's as converters to what?

Scam boosters.  By using GPU in parallel they can increase the efficiency of the transfer of wealth from your pocket to theirs by a staggering 27,123%.
How?  They are not offering anything for sale yet.  Their claim is that once they HAVE a product, then they will open sales.  No preorders.  If they don't produce a working copy, by their words, you'll have nothing to buy.

This is an example of a "long con"

They know opening up orders for their "ASIC" immediately will arouse suspicion, so they're trying to build up confidence in their product slowly by releasing [bullshit] updates.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: fluffypony on August 15, 2013, 06:00:31 PM
How?  They are not offering anything for sale yet.  Their claim is that once they HAVE a product, then they will open sales.  No preorders.  If they don't produce a working copy, by their words, you'll have nothing to buy.

Any company with sufficient money to develop an scrypt-based ASIC from scratch can certainly afford a decent website that doesn't contain obvious spelling and grammatical errors, and doesn't use the incorrect acronym for their name (SAI in some places and SIA in others).


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Desten on September 12, 2013, 09:17:37 AM
That's the picture they used: https://i.imgur.com/QIN9M.jpg
Scam 100%. Schoolkids written their site "on the knees". Grammar errors, misspelling, errors in acronyms usage, i've seen it too.
And not willing money in "development process" is only psychological moment to make "customers" more reliable and trust them.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: sikman on September 12, 2013, 10:35:15 AM
It took me all of 5 seconds to see that site was a SCAM, it's such an amatur job my 4 yo could do better.... next....

Im running close to 80,000kh/s with my setup, It has 5 FPGA cards using PCI-E slot design, this is the prototype which is about to go into full production and will run on SOLAR power.

P.s. It has a TURBO button as well...

Cost: 10BTC pre-order only, will provide video's of it hashing after payment..

http://i1292.photobucket.com/albums/b577/evo7ftw/Mining%20Rigs/20130901_134520_zps2f20aab7.jpg (http://s1292.photobucket.com/user/evo7ftw/media/Mining%20Rigs/20130901_134520_zps2f20aab7.jpg.html)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: coin@coin on October 02, 2013, 02:09:31 AM
Today I found a link to the Scrypt ASIC International site on another thread re the new AMD R9X cards and I clicked on it. I didn't hear from them before so I looked through the site (more a blog) and went to the contact us section and submitted a query on when I could preorder one of their miners.
Less than 5 minutes later I got a reply and is pasted below together with the 4 pictures they attached, make ur own judgement  :D :D :D

************************************************************
Hi xxxxx,
 
I have a Unit 1 at home doing beta testing so you are in luck, I really
don't want the community to think that this company has a favorite coin
if i mine on a pool as it could really effect trust in the company. I
will however solo mine a random Scrypt coin for you and send you a
screenshot of my cgminer hashing and accepting blocks. I have had the
Unit 1 for a week now beta testing it and I have to say it runs amazing
on every single coin I tried it on solo.
 
If you are happy and ready to order, I can take the Bitcoin payment for
you order amount tonight even and call the warehouse staff to move how
ever many Unit you order to the reserved lockup.
 
The same as before each Unit 1 is £1500 equivalent in Bitcoins and
included worldwide delivery.
 
I can authorise you only 10 Units for purchase, the rest are going to be
for the release day in two months time.
 
Please let me know what you would like to do.
 
Kindest Regards
Scott Davenro
Customer Relations
Scrypt ASIC International

**************************************************************
https://i.imgur.com/77GCBdt.jpg
https://i.imgur.com/htKnDca.jpg
https://i.imgur.com/Ddijmkj.jpg
https://i.imgur.com/oBRqEc8.png


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: FiiNALiZE on October 02, 2013, 02:12:37 AM
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: fattypig on October 02, 2013, 02:27:51 AM
Haha, clicked the link and immediately know it was scam (nice casing btw). You have to do better then that!!!


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: csun on October 02, 2013, 02:39:34 AM
That cgminer status screen... He couldn't even have bothered to photo-shop some of those stats... No way that the utility could be that low and the diff that high with scrypt.

50MHz on 500W for ~$2000 USD?

As much as I am having a difficult time coming up with a design for FPGA scrypt mining that will keep production cost relatively sane... there's no way you could produce an ASIC in such low volume for that sort of cost.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 02, 2013, 02:48:31 AM
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Local host is right. They said they were solo mining.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: challen on October 02, 2013, 03:44:49 AM
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Local host is right. They said they were solo mining.
Solo-mining with a difficulty of 459k, submitted tons of shares yet their best share was 88.1k?

Something isn't adding up...


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: SpeedDemon13 on October 02, 2013, 03:51:35 AM
http://scryptasic.org/

500 Watt PSU pushing 50,000 Kh/s avg.

Feasibility of this?

/Discuss

I'd believe a fpga before a asic miner for scrypt. The design for an asic miner would take AMD, Nvidia and/or Intel fab and income to produce. Nothing is impossible, but more likely improbable...


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: sikman on October 02, 2013, 05:02:25 AM
This company is a joke and trying to scam people, 1 look at the case with the GPU will tell the story, its just a standard videocard inside a SFF case and a hacked up cgminer screen, nothing more.

biggest giveaway is the Utility output: U:5.36/m, your telling me with 50,000kh/s it can only manage just over 5 shares per minute??

I'm 88.8% sure that videocard in that PC is a Powercolour 5870, same colour PCB and the heatsink pipe layout look identical as well, and the FAN shroud is placed in the middle if we had a front shot then will know.

Ref:

http://www.ixbt.com/video3/images/cypress-6/powercolor-5870-scan-back.jpg

http://www.ixbt.com/video3/images/cypress-6/powercolor-5870-scan-front.jpg

Compare to 50,000kh/s setup
-------------------------------------
https://i.imgur.com/77GCBdt.jpg


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 15, 2013, 11:15:16 PM
Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: sikman on October 16, 2013, 05:14:00 AM
Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)

I guess you wont lose much for 1 share, 0.1btc and you will be the 1st person to own one as well. If they do have a 50MH machine running why not post up a video showing it hashing instead of a screenshot, it will give them 100x more credibilty.

Did you have any luck in meeting up with them, pretty sure I saw a post from you a while back trying to contact them as your in UK as well?


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: lemons on October 16, 2013, 06:26:40 AM
http://scryptasic.org/

500 Watt PSU pushing 50,000 Kh/s avg.

Feasibility of this?

/Discuss

I'd believe a fpga before a asic miner for scrypt. The design for an asic miner would take AMD, Nvidia and/or Intel fab and income to produce. Nothing is impossible, but more likely improbable...

and ARM


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Snail2 on October 16, 2013, 03:31:52 PM
They issued 110K shares and currently selling 25K for 0.05 BTC each on Cryptostocks. I'm really curious how this will end.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 16, 2013, 03:38:18 PM
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Snail2 on October 16, 2013, 03:54:20 PM
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

Well... yes, probably you can until they keep posting funny pictures. I guess they will try to pump share prices with more great news then dump and later "admit defeat" by saying something about unexpected technical issues :). If they have some hardware (for demonstrating how hard they were working on the project) to show on the trial they can walk away at the end :). But maybe my opinion is just pure paranoia  ::).


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: kramble on October 16, 2013, 03:54:49 PM
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

Just curious but why is your avatar picture the same as the one for "admin" on the scryptasic forum http://scryptasic.org/?p=64


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: braytz on October 16, 2013, 04:05:23 PM
scam.

/thread


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 16, 2013, 04:09:49 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: kramble on October 16, 2013, 04:15:52 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Balthazar on October 16, 2013, 04:19:08 PM
Quote
As you can see it appears to have a standard GPU installed but the BIOS on it has been flashed and it is only used as part of the ASIC to Scrypt conversion.

It is this conversion technology that has enabled us to create a miner with the same kind of hashing power of a SHA-256 ASIC but for use on Scrypt based coins.

First working sample revealed:

http://www.ocy.ru/wp-content/uploads/2011/05/kin-dza-dza.jpg


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 16, 2013, 04:20:07 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: kramble on October 16, 2013, 04:41:23 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 16, 2013, 05:14:39 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.

No they have not responded to my email yet. I just changed my email address to a different one on gravatar and changed the password.

A blank image now means it is pointing to nothing.

They need to get there own reputation and stop trying to piggyback on others.

If they don't email me soon to explain, then they can stick their 10 shares.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: vindimy on October 16, 2013, 07:33:30 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.

No they have not responded to my email yet. I just changed my email address to a different one on gravatar and changed the password.

A blank image now means it is pointing to nothing.

They need to get there own reputation and stop trying to piggyback on others.

If they don't email me soon to explain, then they can stick their 10 shares.

Don't try to wiggle out of this.. You're now a suspect for the "owner" of this scryptasic scam.

I guess you slipped because you've used the same email on this forum and the scryptasic website, and Gravatar showed your email's registered image for both.

Another hint - your account, the scryptasic guy, and the Reddit spammer promoting the site all make similar spelling mistakes.

And now you've emailed the supposed scammer and he immediately removed your image? What a nice scammer, huh?

That's way too many coincidences..

If you really are the same guy, better be careful! People can put the two together and get to the bottom of this quickly.

I'm not saying that you are that guy, but it sure looks suspicious.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 16, 2013, 09:37:11 PM
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.

No they have not responded to my email yet. I just changed my email address to a different one on gravatar and changed the password.

A blank image now means it is pointing to nothing.

They need to get there own reputation and stop trying to piggyback on others.

If they don't email me soon to explain, then they can stick their 10 shares.

Don't try to wiggle out of this.. You're now a suspect for the "owner" of this scryptasic scam.

I guess you slipped because you've used the same email on this forum and the scryptasic website, and Gravatar showed your email's registered image for both.

Another hint - your account, the scryptasic guy, and the Reddit spammer promoting the site all make similar spelling mistakes.

And now you've emailed the supposed scammer and he immediately removed your image? What a nice scammer, huh?

That's way too many coincidences..

If you really are the same guy, better be careful! People can put the two together and get to the bottom of this quickly.

I'm not saying that you are that guy, but it sure looks suspicious.

I hear was you are saying but you have a trust rating of -7 so I will take it with a pinch of salt.

And I am not wriggling out of anything, they still have not responded to my email and the image of me went because I changed my gravatar settings, that's it.

I did post of one of their posts but that post got deleted. Right now I am not happy, as to me it looks like that site was trying to use my image to help promote themselves.

And the spelling mistakes that have been picked up on, are not mistakes. I am from the UK so most of the Z's are S's where I come from and with SAI claiming they are UK based, they would spell things the same.

To be honest, I have emailed them and the image is off so I have done what I can.

Now I have to get back to promoting Extremecoin and not waste my time with this SIA or SAI website.

As far as I am concerned I only own 10 shares in the company, that has not been proven to be a scam yet. If they produce nothing, then yeah it's scam central.

But check my posts on here, all of them if you like. I have never scammed anyone, ever and always pride myself on being transparent and honest which is not about to change.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MaGNeT on October 16, 2013, 10:38:01 PM
I don't like to accuse anyone of scamming, but I found some disturbing proof:

BBQCoin
addnode=212.48.67.126

Extremecoin
addnode=212.48.67.126
addnode=217.8.255.62

CrimeCoin
addnode=212.48.67.126

BitcoinScrypt
addnode=212.48.67.126
addnode=217.8.255.62

Crazycoin
addnode=212.48.67.126
addnode=217.8.255.62

bbqcoin -> IP: 192.254.232.38
extremecoin.org -> IP: 192.254.232.38
captchadd.co.uk.html -> IP: 192.254.232.38

scryptasic.org -> IP: 192.254.232.38
crazycoin.org -> IP: 192.254.232.38
bitcoinscrypt.org -> IP: 192.254.232.38

eurekacomedy.com -> IP: 212.48.67.126

from: http://captchadd.co.uk

Quote
Welcome to my personal website
Posted on August 16, 2013 by CaptChadd
Various subjects will be plastered on here, from Crypto-coins and mining to PC games and hardware.

Getting a mini PC mining rig on Tuesday for me to build. Just a little scrypt miner to stick in the corner of the room.

GPS location in pictures from Scryptasic.com (shot with iPhone): Southampton
Cryptocointalk.com profile for CaptChadd: Location Southampton UK

(ps. I made screenshots of everything)

I don't think the ASIC is the scam, it does not exist and will never be sold, so nobody will get scammed.
The shares on cryptostocks are the scam -> get rich by pumping / selling shares. The fake scrypt asic is just a way to pump it.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: sikman on October 16, 2013, 11:17:04 PM
Very nice detective work there "MaGNeT"

I wonder if CaptChadd's Mini scrypt PC is Identical to the one posted by Scrypt ASIC International??

CaptChadd do you own an IPHONE??

http://s22.postimg.org/h5mam3lul/Scrypt_ASIC_Unit_1.jpg


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MaGNeT on October 17, 2013, 02:52:07 AM
Very nice detective work there "MaGNeT"

I wonder if CaptChadd's Mini scrypt PC is Identical to the one posted by Scrypt ASIC International??

CaptChadd do you own an IPHONE??

http://s22.postimg.org/h5mam3lul/Scrypt_ASIC_Unit_1.jpg

Such an advanced device...


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: vindimy on October 17, 2013, 04:11:56 AM
I don't like to accuse anyone of scamming, but I found some disturbing proof:

BBQCoin
addnode=212.48.67.126

Extremecoin
addnode=212.48.67.126
addnode=217.8.255.62

CrimeCoin
addnode=212.48.67.126

BitcoinScrypt
addnode=212.48.67.126
addnode=217.8.255.62

Crazycoin
addnode=212.48.67.126
addnode=217.8.255.62

bbqcoin -> IP: 192.254.232.38
extremecoin.org -> IP: 192.254.232.38
captchadd.co.uk.html -> IP: 192.254.232.38

scryptasic.org -> IP: 192.254.232.38
crazycoin.org -> IP: 192.254.232.38
bitcoinscrypt.org -> IP: 192.254.232.38

eurekacomedy.com -> IP: 212.48.67.126

from: http://captchadd.co.uk

Quote
Welcome to my personal website
Posted on August 16, 2013 by CaptChadd
Various subjects will be plastered on here, from Crypto-coins and mining to PC games and hardware.

Getting a mini PC mining rig on Tuesday for me to build. Just a little scrypt miner to stick in the corner of the room.

GPS location in pictures from Scryptasic.com (shot with iPhone): Southampton
Cryptocointalk.com profile for CaptChadd: Location Southampton UK

(ps. I made screenshots of everything)

I don't think the ASIC is the scam, it does not exist and will never be sold, so nobody will get scammed.
The shares on cryptostocks are the scam -> get rich by pumping / selling shares. The fake scrypt asic is just a way to pump it.

BAM. Confirmed.

Since noone's done it, here's a scam thread:

https://bitcointalk.org/index.php?topic=312714


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MaGNeT on October 17, 2013, 08:20:43 AM
I don't like to accuse anyone of scamming, but I found some disturbing proof:

BBQCoin
addnode=212.48.67.126

Extremecoin
addnode=212.48.67.126
addnode=217.8.255.62

CrimeCoin
addnode=212.48.67.126

BitcoinScrypt
addnode=212.48.67.126
addnode=217.8.255.62

Crazycoin
addnode=212.48.67.126
addnode=217.8.255.62

bbqcoin -> IP: 192.254.232.38
extremecoin.org -> IP: 192.254.232.38
captchadd.co.uk.html -> IP: 192.254.232.38

scryptasic.org -> IP: 192.254.232.38
crazycoin.org -> IP: 192.254.232.38
bitcoinscrypt.org -> IP: 192.254.232.38

eurekacomedy.com -> IP: 212.48.67.126

from: http://captchadd.co.uk

Quote
Welcome to my personal website
Posted on August 16, 2013 by CaptChadd
Various subjects will be plastered on here, from Crypto-coins and mining to PC games and hardware.

Getting a mini PC mining rig on Tuesday for me to build. Just a little scrypt miner to stick in the corner of the room.

GPS location in pictures from Scryptasic.com (shot with iPhone): Southampton
Cryptocointalk.com profile for CaptChadd: Location Southampton UK

(ps. I made screenshots of everything)

I don't think the ASIC is the scam, it does not exist and will never be sold, so nobody will get scammed.
The shares on cryptostocks are the scam -> get rich by pumping / selling shares. The fake scrypt asic is just a way to pump it.

BAM. Confirmed.

Since noone's done it, here's a scam thread:

https://bitcointalk.org/index.php?topic=312714

Thanks.

Now CaptChadd is the only one who can clear this up.
I really like(d) him, feels bad to find out about this. But have been scammed by Mike/John of Phenix, we don't need this in our community.

My main goal: removal of scryptasic.org and shares from cryptostocks.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Snail2 on October 17, 2013, 08:41:11 AM
So it wasn't my paranoia :).

Perhaps those ScryptASIC shares should be renamed to ScryptFPGA and the owner should agree with some script fpga developers (like beekeper or the other guys on litecoin.net) for supporting their research with the raised funds. This would be a good solution for this awkward situation. Everybody would be able to make money and a working scrypt fpga with a reasonable hash rate would be a great breakthrough for the community as well.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: wallet.dat on October 17, 2013, 04:17:35 PM
Just a few months ago CaptChadd was flat broke and had to borrow fractions of BTC which he had trouble paying back. Now he has developed an ASIC for Scrypt? Seems really fishy.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 17, 2013, 04:40:32 PM
Just a few months ago CaptChadd was flat broke and had to borrow fractions of BTC which he had trouble paying back. Now he has developed an ASIC for Scrypt? Seems really fishy.

Just to let you know, I am developing no hardware at all.

This thread has my explanation.

https://bitcointalk.org/index.php?topic=312714

Thanks


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 17, 2013, 04:43:28 PM
Wallet.dat, what are you doing with my trust feedback on here?

You have just put a scammer feedback on my account on here, now I am -5?

Why do that?

I am not pumping any share prices, I just bought 10, that's it.

I have already explained myself and my role.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MaGNeT on October 17, 2013, 04:45:50 PM
Just a few months ago CaptChadd was flat broke and had to borrow fractions of BTC which he had trouble paying back. Now he has developed an ASIC for Scrypt? Seems really fishy.

Hello wallet.dat, please remove the negative rating for CaptChadd.

I think he's telling the truth. If he isn't, time will tell but I think it's too early for a negative rating anyway, nobody got scammed and his explanation (in the scam accusation topic) is sufficient for now.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: wallet.dat on October 17, 2013, 04:51:42 PM
Acknowledged. Removing it now. Thanks for the clarification, Mag and Chadd.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: mr_random on October 17, 2013, 05:54:19 PM


I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

I would never have believed that SHA ASIC's would see the light of day but they have.

I think a lot of people have been in the background working hard and maybe SAI is full of it but I have a feeling others will follow, even if they fail to deliver.

Just a matter if time.


I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

A Scrypt ASIC chip cannot just magically switch to SHA and vice versa, this company is telling porky pies, don't send them any money. Bitcoins are valuable why waste them on something as unprofessional and scammy as this dog and pony show.

I have been watching this for a while now. They have updated post now and it explains a little bit more but they are really holding their cards to there chest.

I would like to see a newletter signup section added though.

If there was a buy button on there already I would say 100% scam and stay well away but they seem to be holding off right now.

I'm going to go for it but only order one when batch number 1 opens up. Nothing to lose other that a few Bitcoin. Better than my 25GH's BFL miner that I have yet to see.

I contacted these guys a few days ago, didn't feel like joining their forum until I think about making an order.

They emailed back saying that the 50,000 KH/s might be an overestimation due to size constrictions. I guess they want the unit as small as they can get it, reminds me a little of BFL with unit size.

I asked if they are not releasing something a little smaller and they said one was in the works.

I guess only time will tell but still they are not even asking for any money or pre orders, I take that as a good sign,

Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)

Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.

No they have not responded to my email yet. I just changed my email address to a different one on gravatar and changed the password.

A blank image now means it is pointing to nothing.

They need to get there own reputation and stop trying to piggyback on others.

If they don't email me soon to explain, then they can stick their 10 shares.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: MaGNeT on October 17, 2013, 06:37:49 PM


I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

I would never have believed that SHA ASIC's would see the light of day but they have.

I think a lot of people have been in the background working hard and maybe SAI is full of it but I have a feeling others will follow, even if they fail to deliver.

Just a matter if time.


I just got an email back from them, they have added a forum section now to answer any questions, of which I have loads.

They even have a project running of a miner that can mine scrypt but then with a push of a button mine SHA-256.

This could be just a wind up but if it true this could change a lot of things.

I mean if that wanted to scam, wouldn't they be asking for money right now?

I am tempted to throw some Bitcoins at it and see what happens, its only Bitcoins a few Bitcoins after all.

A Scrypt ASIC chip cannot just magically switch to SHA and vice versa, this company is telling porky pies, don't send them any money. Bitcoins are valuable why waste them on something as unprofessional and scammy as this dog and pony show.

I have been watching this for a while now. They have updated post now and it explains a little bit more but they are really holding their cards to there chest.

I would like to see a newletter signup section added though.

If there was a buy button on there already I would say 100% scam and stay well away but they seem to be holding off right now.

I'm going to go for it but only order one when batch number 1 opens up. Nothing to lose other that a few Bitcoin. Better than my 25GH's BFL miner that I have yet to see.

I contacted these guys a few days ago, didn't feel like joining their forum until I think about making an order.

They emailed back saying that the 50,000 KH/s might be an overestimation due to size constrictions. I guess they want the unit as small as they can get it, reminds me a little of BFL with unit size.

I asked if they are not releasing something a little smaller and they said one was in the works.

I guess only time will tell but still they are not even asking for any money or pre orders, I take that as a good sign,

Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)

Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.

No they have not responded to my email yet. I just changed my email address to a different one on gravatar and changed the password.

A blank image now means it is pointing to nothing.

They need to get there own reputation and stop trying to piggyback on others.

If they don't email me soon to explain, then they can stick their 10 shares.

"Once you tell a lie, you need ten more lies to cover the lie".

And that's not a lie.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Phinnaeus Gage on October 20, 2013, 04:45:11 PM
Just a few months ago CaptChadd was flat broke and had to borrow fractions of BTC which he had trouble paying back. Now he has developed an ASIC for Scrypt? Seems really fishy.

Something doesn't add up: https://bitcointalk.org/index.php?topic=314350.msg3370785#msg3370785 <locked thread, hence link>

Quote
I have registered 100's of domain's this year alone.


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: CaptChadd on October 20, 2013, 04:57:12 PM
Wallet.dat is a new user and so I am not sure where he is getting his flat broke information from.

I have never been broke and Cryptocurrency has only ever been a hobby, which I have said multiple times.

You are now trying so hard to find negative information about me, you are not even quoting facts anymore.



Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: Bobbyd on November 24, 2013, 05:54:11 PM
Has anyone had any more interaction with this company?


Title: Re: Supposed ASIC Scrypt Miner | Scrypt ASIC International
Post by: miaviator on December 09, 2013, 01:23:58 PM
Did anyone require more evidence than the "Unit 1 Miner" link on scryptasic.org?

I believe they have made their money back with sales on CryptoStocks already so at any point we should see either a disappearance or requests for BTC for orders.

https://i.imgur.com/e4o10ji.jpg

wget http://38ca3459.tinylinks.co/
--2013-12-09 08:17:50--  http://38ca3459.tinylinks.co/
Resolving 38ca3459.tinylinks.co... 199.59.167.107
Connecting to 38ca3459.tinylinks.co|199.59.167.107|:80... connected.
HTTP request sent, awaiting response... 200 OK
Length: 5702 (5.6K) [text/html]
Saving to: `index.html'

100%[=========================================================>] 5,702       --.-K/s   in 0.08s

2013-12-09 08:17:50 (73.9 KB/s) - `index.html' saved [5702/5702]

$ cat index.html

<html>
<head>
    <title>LinkBucks.com - Get your share!</title>
    <link rel="stylesheet" href="http://static.linkbucks.com/tmpl/mint/css/ads.css" type="text/css"                                                                   media="screen" charset="utf-8" />
    <script src="http://static.linkbucks.com/scripts/jspopunder.min.js" type="text/javascript"></sc                                                                  ript>
    <script src="http://static.linkbucks.com/scripts/link.js" type="text/javascript"></script>
</head>
<body id="body" class="intermission">


    <script type="text/javascript">
        if (top != self) {
            try { top.location = self.location; }
            catch (err) { self.location = '/framedenied/'; }
        }
    </script>


    <script type="text/javascript">

        var _gaq = _gaq || [];
        _gaq.push(['_setAccount', 'UA-340518-9']);
        _gaq.push(['_setCustomVar', 1, 'User', '698705', 3]);
        _gaq.push(['_trackPageview']);
        _gaq.push(['t2._setAccount', '']);
        _gaq.push(['t2._trackPageview']);

        (function() {
            var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true                                                                  ;
            ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.go                                                                  ogle-analytics.com/ga.js';
            var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
        })();

    </script>
    <style>
    #advertise {
            color:#202020;
            font-size:0.9em;
            font-family:Arial;
            font-weight:bold;
            text-shadow: 1px 1px 0px #e3e3e3;
            text-decoration: none;
    }
    #navNotice {
        position:absolute;
        width:100%;
        z-index:200;
        top:60px;
        left:0px;
        text-align:center;
    }
    </style>
    <div id="navNotice" style="display:none;"></div>
    <div id="framebar">
        <div id="container">

                <table>
                <tr>
                    <td class="left"><a href="http://www.linkbucks.com/referral/698705"><img src="h                                                                  ttp://static.linkbucks.com/tmpl/mint/img/int_logo.gif" width="213" height="30" /></a></td>
                    <td class="center"><a href="http://www.linkbucks.com/advertising/?t=5" id="adve                                                                  rtise">Advertise your site here - 10,000 Visitors for ~ $1.00</a></td>
                    <td class="right">
                        <div class="button"><a href="http://www.linkbucks.com/advertising/?t=2"><im                                                                  g src="http://static.linkbucks.com/tmpl/mint/img/advertise_website.gif" width="118" height="26" /><                                                                  /a></div>
                    </td>
                    <td class="right">
                        <div id="button" class="button">
                            <span id="skip_disabled"><img src="http://static.linkbucks.com/tmpl/min                                                                  t/img/int_skip_ad_disabled.gif" width="118" height="26" /></span>
                            <span id="skip"><a id="skiplink"><img src="http://static.linkbucks.com/                                                                  tmpl/mint/img/int_skip_ad.gif" width="118" height="26" /></a></span>
                            <span id="timer">&nbsp;</span>
                        </div>
                    </td>
                </tr>
                </table>

        </div>
    </div>
    <iframe id="content" src="about:blank" frameborder="0" style="display:none;"></iframe>

    <script type="text/javascript">
        Lbjs.Token = 'f3072fac4d08a31f6adfbb388b90b80b4b3eef7a';
        Lbjs.UrlEncoded = false;
        Lbjs.AdType = 2;
        Lbjs.ContentType = 1;
        Lbjs.AdUrl = 'http://www.linkbucksmedia.com/director/?t=f3072fac4d08a31f6adfbb388b90b80b4b3                                                                  eef7a';
        Lbjs.AdPopUrl = 'http://cf99f9ee.linkbucks.com/?ref=f3072fac4d08a31f6adfbb388b90b80b4b3eef7                                                                  a';
        Lbjs.TargetUrl = 'http://scryptasic.org/?page_id=34';
        Lbjs.Countdown = 5;
        Lbjs.UserId = 698705;

        Lbjs.Init('8');

    </script>

    <noscript>
        <table style="width:100%;height:100%;background-color:#fcfff3;">
        <tr>
            <td align="center">
                <div class="warning">
                    <div>
                        <span id="header"><img src="http://static.linkbucks.com/tmpl/mint/img/warni                                                                  ng.png" width="32" height="32" />JavaScript NOT Enabled</span>
                        <br /><br />
                        In order to view this website, you will need to have JavaScript enabled in                                                                   your browser. Please select select your browser from the list below for instructions.
                        <br /><br />
                        <a href="http://www.google.com/support/chrome/bin/answer.py?hl=en&answer=11                                                                  4662" target="_blank"><img src="http://static.linkbucks.com/tmpl/mint/img/browser_chrome.png" width                                                                  ="64" height="64" /></a>
                        <a href="http://support.mozilla.com/en-US/kb/JavaScript" target="_blank"><i                                                                  mg src="http://static.linkbucks.com/tmpl/mint/img/browser_firefox.png" width="64" height="64" /></a                                                                  >
                        <a href="http://www.opera.com/support/kb/view/424/" target="_blank"><img sr                                                                  c="http://static.linkbucks.com/tmpl/mint/img/browser_opera.png" width="64" height="64" /></a>
                        <a href="http://docs.info.apple.com/article.html?path=Safari/3.0/en/9279.ht                                                                  ml" target="_blank"><img src="http://static.linkbucks.com/tmpl/mint/img/browser_safari.png" width="                                                                  64" height="64" /></a>
                        <a href="http://support.microsoft.com/gp/howtoscript" target="_blank"><img                                                                   src="http://static.linkbucks.com/tmpl/mint/img/browser_ie.png" width="64" height="64" /></a>
                    </div>
                </div>
            </td>
        </tr>
        </table>
    </noscript>

</body>