Title: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: precrime3 on March 11, 2014, 09:50:48 PM claiming some photonig electronic switching crap.... 125 th/s for 10 grand? Scam???
http://photonicmining.com/#products There IPO (interested in) : https://cryptostocks.com/securities/108 Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: floatyfish on March 11, 2014, 11:11:11 PM I was hoping to find a thread about this, I think it looks like a scam, but if I could be proven wrong that would be amazing. They do link to reputable companies, I think I'm going to send them an email and see what's up.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: thy on March 11, 2014, 11:21:47 PM claiming some photonig electronic switching crap.... 125 th/s for 10 grand? Scam??? If there claim where true they would blow every competitior off the map, 125TH for 9999 usd, it just can't be true 0,08 usd/GH(2,4% of the copetitors price) and 0,0148w/GH compared to cointerra/Knc or that chineese company with there 2/3/1 TH respective machines thats all around 3-4 usd/GH and around 0,7-1w/GH.http://photonicmining.com/#products There IPO (interested in) : https://cryptostocks.com/securities/108 http://photonicmining.com/ PhotonicMining In Böden 139 8046 Zürich Switzerland Lets have them demonstrate there working prototype if there for real. Or maby someone in switserland can call Onefive or pay them a visit in Zürich and check them up. http://www.onefive.com/ In Böden 139 8046 Zürich Switzerland Tel. +41 43 538 36 57 Fax +41 43 538 36 86 contactus@onefive.com Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: MANofthePEOPLE on March 11, 2014, 11:29:52 PM I was hoping to find a thread about this, I think it looks like a scam, but if I could be proven wrong that would be amazing. They do link to reputable companies, I think I'm going to send them an email and see what's up. Seriously? Why would anyone in their right mind sell 125 th/s for $10k? Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Xer0 on March 12, 2014, 12:03:54 AM does it run with magic?
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: RoboCoder on March 12, 2014, 12:22:56 AM does it run with magic? Yes, you have to think of something funny, point your wand at it and say the spell: 'Riddikulus' Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: iglasses on March 12, 2014, 12:33:01 AM There is exactly ZERO chance someone would sell a device like this. Even conservatively you could mine 10+ BTC PER DAY with it. So it ROI's in two days???
You would own the BTC network if such a device existed. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: floatyfish on March 12, 2014, 12:52:59 AM There is exactly ZERO chance someone would sell a device like this. Even conservatively you could mine 10+ BTC PER DAY with it. So it ROI's in two days??? You would own the BTC network if such a device existed. Which is why I emailed them. It honestly seems like vaporware, but I'm hoping I can get more info out of them and then see what people here can make out of it. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: tricomp on March 12, 2014, 01:03:07 AM I am not vouching for this company.
However, it will seem that the technology referenced is feasible based on prior publications: http://www.extremetech.com/extreme/118485-mit-almost-produces-an-optoelectronic-computer-chip http://www.mit.edu/newsoffice/2012/manufacturing-optical-chips-0215.html The challenge is in determining if this company , photonicmining.com , has really effectively prototyped this photonic transistors. There affiliation with OneFive.com, will be a plus and strong comforter if it can be verified, as OneFive.com appears to make the basic products that would be used. They also have a relatively impressive Google pagerank of 5. In comparison the domain name, Photonicmining.com , which was registered on 28-Feb 2014 and has 0 page rank. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: minternj on March 12, 2014, 01:03:19 AM I'll wait for them to sell sharks with lasers, then i'm all in.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: giorgiotheclown on March 12, 2014, 01:15:32 AM scam
In Böden 139 8046 Zürich look @ google streetview Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: DrFingol on March 12, 2014, 02:13:48 AM scam In Böden 139 8046 Zürich look @ google streetview Give them a chance, maybe they are assembling the 500+ photonic super ASICs in the comfort of their apartment? Lol. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: -ck on March 12, 2014, 02:39:32 AM Big scam is big.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: peterepeat on March 12, 2014, 07:36:24 AM Damn, I bought a few shares on the IPO before checking more thoroughly. Seems like a scam. Is there anyway of getting funds back on cryptostocks while its in IPO?
Note the similarity: https://i.imgur.com/y2uWfvS.png with their logo shopped in and the guys from bitmine.ch original post from a while back http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481 Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: giorgiomassa on March 12, 2014, 08:58:43 AM Very original scam ;D, they would deserve to be paid just for the creative approach they had, my new favorite after cryoniks.com !
Next one could probably be telepathy based, or maybe single-atoms IC like the one from IBM https://www.youtube.com/watch?v=oSCX78-8-q0 (https://www.youtube.com/watch?v=oSCX78-8-q0) Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: giorgiomassa on March 12, 2014, 09:03:07 AM By the way it may seem obvious by now but the fact they took our picture and shopped in a light bulb logo speaks for itself, stay miles away from this as it's 100% a confirmed scam and we have nothing to do with that. I'm serious!
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ponech on March 12, 2014, 09:09:21 AM 7min from my home, i wil take a look soon
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: dentro on March 12, 2014, 09:09:36 AM Damn, I bought a few shares on the IPO before checking more thoroughly. Seems like a scam. Is there anyway of getting funds back on cryptostocks while its in IPO? Note the similarity: https://i.imgur.com/y2uWfvS.png with their logo shopped in and the guys from bitmine.ch original post from a while back http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481 lol, faaake Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ponech on March 12, 2014, 09:43:27 AM Damn, I bought a few shares on the IPO before checking more thoroughly. Seems like a scam. Is there anyway of getting funds back on cryptostocks while its in IPO? Note the similarity: https://i.imgur.com/y2uWfvS.png with their logo shopped in and the guys from bitmine.ch original post from a while back http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481 lol, faaake lol so good looking website and then blow the cover with this fake picture Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ratty on March 12, 2014, 09:47:26 AM Can you increase the RAM in them with Google Drive?
http://drusepth.net/how-to-speed-up-your-computer-using-google-drive-as-extra-ram/ Seems just as legit. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: chocomav on March 12, 2014, 10:30:46 AM A more intellingent-sounding scam, but nevertheless still a scam. Their IP address 162.222.213.136 is the same as uswhss.com (both registered recently), and here is an article linking uswhss to butterfiylabs.com (note the deliberate misspelling):
http://www.reddit.com/r/BitcoinMining/comments/1uisv4/fake_butterfly_labs_website/ Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Biffa on March 12, 2014, 10:36:33 AM I dunno, sounds just as legit as unicornmining right?
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: chocomav on March 12, 2014, 10:48:20 AM Their sensationalist sounding phrase "shockingly-faster switching speed" did kind of strike me originally as somewhat odd given the straight-forward technical jargon on their homesite. Kind of like supermarket tabloid language suddenly meets high tech. Too bad it is a scam.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ImI on March 12, 2014, 11:17:09 AM wow! they really put some effort into that... Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: bcmine on March 12, 2014, 12:12:49 PM Damn, I bought a few shares on the IPO before checking more thoroughly. Seems like a scam. Is there anyway of getting funds back on cryptostocks while its in IPO? Note the similarity: https://i.imgur.com/y2uWfvS.png with their logo shopped in and the guys from bitmine.ch original post from a while back http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481 did you already emailed to cryptostocks.com? normally they are going to take off this scam attempt as they did another scrypt hashing asics company scam. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: peterepeat on March 12, 2014, 12:22:36 PM Damn, I bought a few shares on the IPO before checking more thoroughly. Seems like a scam. Is there anyway of getting funds back on cryptostocks while its in IPO? Note the similarity: https://i.imgur.com/y2uWfvS.png with their logo shopped in and the guys from bitmine.ch original post from a while back http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481 did you already emailed to cryptostocks.com? normally they are going to take off this scam attempt as they did another scrypt hashing asics company scam. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: He1l_Q on March 12, 2014, 01:32:00 PM scam
be careful! Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Cablez on March 12, 2014, 02:35:00 PM As with most scams ...if it seems too good to be true...
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: intron on March 12, 2014, 06:15:00 PM does it run with magic? No, double rainbows and unicorn tears. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ChuckBuck on March 12, 2014, 06:20:03 PM $10,000 for 125 TH/s, where do I sign up! :o
No, seriously. Where do I sign up. :P Quite a ballsy scam production if I must say so. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: JCaferJr on March 12, 2014, 07:30:36 PM I feel sorry for the person that dropped 75btc on the IPO!
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: BTCInvestorPro on March 12, 2014, 08:26:49 PM The dead give away is the supposed pricing. If you actually had a miner that powerful that you could manufacture for such a low cost you would be a complete idiot to undercut yourself by that much on the pricing compared to all the other offerings out there right now.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Dallas5 on March 12, 2014, 09:17:43 PM Aaand another one to the scam list, this time they don't except bitcoins on their site but use IPO cryptostocks they're already rich by just creating some bullshit website.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: iglasses on March 12, 2014, 09:27:04 PM Our twitter account got hacked: a post damaged our credibility. Competition trying to scare us? It didn't work, we are here to stay and win!
Ohh good....they have already been hacked like all good scam pre-order folks. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: wpgdeez on March 12, 2014, 09:27:33 PM claiming some photonig electronic switching crap.... 125 th/s for 10 grand? Scam??? Total dividends paid 0.0 BTC http://photonicmining.com/#products There IPO (interested in) : https://cryptostocks.com/securities/108 For now and forever... Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Hektek on March 12, 2014, 09:48:39 PM Big Scam ;)
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Dallas5 on March 12, 2014, 10:10:47 PM on the photobullshit scam site:
"PhotonicMining is a spin-off of Onefive, a cutting-edge Swiss company which provides femtosecond lasers for different industrial applications. Thanks to its tight collaboration with Swissphotonics, the Swiss national thematic network for photonics, we received a bottom-up funding from the CTI in 2012 to explore new industrial applications." Just got a mail back from oneFive asking if they where related to photonicmining, their reply: "Not at all! SPAM!" Still they managed to scam 100's of BTC from gullible investors. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: tokyoghetto on March 12, 2014, 10:28:18 PM who ever bought 75 BTC of this crap is going to regret it BIG TIME!
clever scam indeed. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: edgar on March 13, 2014, 04:41:27 AM Deleted Post
« Sent to: edgar on: 12 March 2014, 22:47:28 » Reply with quoteReply with quote Remove this messageDelete A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted. Quote and you guys were wondering where aussiepete, mauiflipper & the gang had got to weren't you..? silence is golden apparently! Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: decanus21 on March 13, 2014, 12:08:23 PM who ever bought 75 BTC of this crap is going to regret it BIG TIME! clever scam indeed. I wouldn't put it past them to set up a fake CryptoStocks account and buy their own stock just to make themselves look good (and make an announcement about it)... or maybe that's just me clinging on to the hope that no one is foolish enough to part with such a huge amount of money on the basis of a website and some wild claims... Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: JointDoctor on March 13, 2014, 12:12:56 PM I spy with my little eye.... Hawaii ;D
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: MarketNeutral on March 13, 2014, 07:12:18 PM Besides laser warp miners, they're also hard at work on secret next generation photonic flux capacitors. ::)
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ultrix on March 13, 2014, 07:27:34 PM Aside from the address, this is a scam because:
A) The variable cost of a chip comprised of photonic logic gates capable of performing SHA-256 calculations would far exceed $10k given the yield of the technology. B) Photonic logic gates operating in the 400-450nm exist in labs right now. Diffusion is the leading defect present during manufacture, smaller wavelength only exacerbates the previous claim. C) In non-inert gas bath systems (although CO2 has been used in some cases), it requires in place spinning of fiber glass "conduit". So either the system has to ship with a gas circulation system to keep gas density uniform or, again, they're using things that only exist in labs at this point. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Phinnaeus Gage on March 13, 2014, 07:56:34 PM I spy with my little eye.... Hawaii ;D Close enough: https://twitter.com/ColoradoCrypto/following Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: Phinnaeus Gage on March 13, 2014, 07:58:39 PM Aside from the address, this is a scam because: A) The variable cost of a chip comprised of photonic logic gates capable of performing SHA-256 calculations would far exceed $10k given the yield of the technology. B) Photonic logic gates operating in the 400-450nm exist in labs right now. Diffusion is the leading defect present during manufacture, smaller wavelength only exacerbates the previous claim. C) In non-inert gas bath systems (although CO2 has been used in some cases), it requires in place spinning of fiber glass "conduit". So either the system has to ship with a gas circulation system to keep gas density uniform or, again, they're using things that only exist in labs at this point. I'm selling eye protection ware just so one could view the renderings once they become available. Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: tokyoghetto on March 13, 2014, 09:28:45 PM Aside from the address, this is a scam because: A) The variable cost of a chip comprised of photonic logic gates capable of performing SHA-256 calculations would far exceed $10k given the yield of the technology. B) Photonic logic gates operating in the 400-450nm exist in labs right now. Diffusion is the leading defect present during manufacture, smaller wavelength only exacerbates the previous claim. C) In non-inert gas bath systems (although CO2 has been used in some cases), it requires in place spinning of fiber glass "conduit". So either the system has to ship with a gas circulation system to keep gas density uniform or, again, they're using things that only exist in labs at this point. http://images4.wikia.nocookie.net/glee/images/3/36/Mind_Blown.jpg Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: MarketNeutral on March 13, 2014, 10:08:01 PM who ever bought 75 BTC of this crap is going to regret it BIG TIME! clever scam indeed. I wouldn't put it past them to set up a fake CryptoStocks account and buy their own stock just to make themselves look good (and make an announcement about it)... or maybe that's just me clinging on to the hope that no one is foolish enough to part with such a huge amount of money on the basis of a website and some wild claims... IPO pump xor dump http://imageshack.us/a/img94/6336/facewd.jpg Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: MWNinja on March 13, 2014, 10:31:10 PM This reminds me of the cryonix scam; but now with the added twist of securities fraud. The technobabble is at least plausible in this case, but scam nonetheless.
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: railzand on March 15, 2014, 10:12:28 AM A more intellingent-sounding scam, but nevertheless still a scam. Their IP address 162.222.213.136 is the same as uswhss.com (both registered recently), and here is an article linking uswhss to butterfiylabs.com (note the deliberate misspelling): http://www.reddit.com/r/BitcoinMining/comments/1uisv4/fake_butterfly_labs_website/ fake butterflylabs sites were also connected to the cts scam Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: lemfuture on March 16, 2014, 08:54:31 PM thanks for warning noobs like me :)
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: superresistant on March 17, 2014, 02:02:08 PM I can't believe CryptoStocks let these fuckers run their scam. 5 min research on google and you're 100% sure it's a scam. Seriously who is running CryptoStocks, don't they have a brain ? Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: nikolaz on March 17, 2014, 03:00:51 PM God damn it... I just lost all my hooker and crack money for the year...
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: grapemon1611 on March 23, 2014, 08:02:06 PM Reminds me of Steorn. They were shopping for investors for their "Perpetual motion machine" a few years ago. Lots of claims, lots of technical jargon. While reading the IPO on cryptostocks I immediately thought of them.
http://en.wikipedia.org/wiki/Steorn Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: MarketNeutral on March 24, 2014, 12:06:57 AM Sure, it appears nice technically, but does it have Blast Processing?
Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: CryptoREI on March 24, 2014, 12:11:00 AM They claim to be bought out by BFL lol
https://cryptostocks.com/announcements/1357 Butterfly Labs Acquisition! We are pleased to announce that PhotonicMining has received an acquisition offer from Butterfly Labs. We are thrilled about it as we will definitely profit from the support of an established market player like Butterfly Labs. All shares on cryptostocks are still valid, and dividends will be paid as soon as the deal is finalized in order to reward our early investors. This wouldn’t have been possible without the support of the Swiss Bitcoin Association, and particularly Luzius Meisser. To celebrate the event we are throwing an acquisition party which you are all invited to. Join us in Zürich on March 25th from 6pm at: In Böden 139 8046 Zürich Switzerland Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: ChuckBuck on March 24, 2014, 12:57:44 AM They claim to be bought out by BFL lol https://cryptostocks.com/announcements/1357 Butterfly Labs Acquisition! We are pleased to announce that PhotonicMining has received an acquisition offer from Butterfly Labs. We are thrilled about it as we will definitely profit from the support of an established market player like Butterfly Labs. All shares on cryptostocks are still valid, and dividends will be paid as soon as the deal is finalized in order to reward our early investors. This wouldn’t have been possible without the support of the Swiss Bitcoin Association, and particularly Luzius Meisser. To celebrate the event we are throwing an acquisition party which you are all invited to. Join us in Zürich on March 25th from 6pm at: In Böden 139 8046 Zürich Switzerland Now the scam operation is complete! It didn't feel completely fishy without ties to a negligent or incompetent organization. With BFL, this defiinitely clears things up! :D Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: thy on March 31, 2014, 03:12:54 PM Announcement on Cryptostocks was made today 31 Mar 15:51
Tradestop put on PHOTONIC. We are requesting the project owner to clarify the allegations as well as provide personal identifying document by 14th April. Only took Cryptostocks 20 days to see the obvious... Title: Re: PhotonicMining having pretty big claims, 125 TH/s for 10,000 USD Post by: vm_mpn on April 03, 2014, 11:33:08 AM They claim to be bought out by BFL lol https://cryptostocks.com/announcements/1357 Butterfly Labs Acquisition! We are pleased to announce that PhotonicMining has received an acquisition offer from Butterfly Labs. We are thrilled about it as we will definitely profit from the support of an established market player like Butterfly Labs. All shares on cryptostocks are still valid, and dividends will be paid as soon as the deal is finalized in order to reward our early investors. This wouldn’t have been possible without the support of the Swiss Bitcoin Association, and particularly Luzius Meisser. To celebrate the event we are throwing an acquisition party which you are all invited to. Join us in Zürich on March 25th from 6pm at: In Böden 139 8046 Zürich Switzerland Now the scam operation is complete! It didn't feel completely fishy without ties to a negligent or incompetent organization. With BFL, this defiinitely clears things up! :D Soooo, how was the party in Zürich? Anybody attended? |