Bitcoin Forum

Bitcoin => Hardware => Topic started by: GalaxyASIC on March 25, 2013, 01:09:17 PM



Title: -= Galaxy 1 - ASIC Announcement =-
Post by: GalaxyASIC on March 25, 2013, 01:09:17 PM
Additional Investors wanted !
to accelerate return on investment.

ASIC is due Fall/Winter 2013

What is the difference?

Our initial plan is to sell 50% and run other 50% for our investors.
Units that we will sell will be 4U rack mountable and modular, but you can easily turn them 90 degrees and it will stand like a mid-size tower computer. Modularity will allow customers to buy base unit for a lower price and then upgrade processing power as needed by buying additional modules.

We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.

BTW, I am not an electrical engineer, so give me a break on that. I am the CEO.

Details so far:
$19.98/GH - Fixed for pre-orders only. Auctioned live when pre-orders had been filled.
G1-14-X3-240GH - $4,795 (288W-1,440W on 120V/15A)
G1-14-X4-320GH - $6,384 (384W-1,920W on 120V/20A)

To be able to fuller utilize 15A and 20A on 120V circuit or their multiples, or other voltage variations, we had made 3x and 4x module design to fit into 15A and 20A respectively.

Target power use is between 1.2W-6W/GH depending on final implementation. We will do everything possible to cost effectively lower power consumption, but cost of power between 1.2W-6W/GH is negligible vs our system's performance and should only account for less than 1% at a going rate, so not much to worry about. Fair enough?

Many of our competitors had quoted and continue to quote unrealistic power use numbers or only chip power numbers without power use by supporting electronics and cooling. They do that mostly due to inexperience in engineering and/or in running a business, so in the matters where we only know approximate range of numbers I will just tell you straight the range of numbers.

While we did initially stated that we were contemplating 20nm ASIC, from this point on, we will not be releasing chip specifications only the hash rate and power consumption as the exact underlying technology makes no difference and we would like to protect our IP.

Tentative shipping schedule:
~ 10 weeks @ 50 units a day
~ 8 weeks @ 100 units a day
then @ 200+ units a day

      Week of    Units/week   Total GH to be shipped
  1  2013-Oct-28     250            62,500
  2  2013-Nov-4      500           125,000
  2  2013-Nov-11     750           187,500
  3  2013-Nov-18   1,000           250,000
  4  2013-Nov-25   1,250           312,500
  5  2013-Dec-2    1,500           375,000
  6  2013-Dec-9    1,750           437,500
  7  2013-Dec-16   2,000           500,000
  8  2013-Dec-23   2,250           562,500
  9  2013-Dec-30   2,500           625,000

 10  2014-Jan-6    3,000           750,000
 11  2014-Jan-13   4,000         1,000,000
 12  2014-Jan-20   5,000         1,250,000
 13  2014-Jan-27   6,000         1,500,000
 14  2014-Feb-3    7,000         1,750,000
 15  2014-Feb-10   8,000         2,000,000
 16  2014-Feb-17   9,000         2,250,000
 17  2014-Feb-24  10,000         2,500,000

 18  2014-Mar-3   11,000         2,750,000
 19  2014-Mar-10  13,000         3,250,000
 20  2014-Mar-17  15,000         3,750,000
 21  2014-Mar-24  17,000         4,250,000
 22  2014-Mar-31  19,000         4,750,000
 23  2014-Apr-7   21,000         5,250,000
 24  2014-Apr-14  23,000         5,750,000
 25  2014-Apr-21  25,000         6,250,000
 26  2014-Apr-28  27,000         6,750,000

===========

P.S. The posts that follow in this thread from some forum members are outright vicious and disrespectful, so be prepared. It's a free speech on the internet after all.

Updates:
(The reason I post updates here is because my investors do read this forum, but I would like to worn them that if you identify yourself be prepared to be trolled to tears.)

2013-03-27 - Thank you everyone for your kind and unkind posts. They certainly will keep me on my toes. I will not be engaging trolls by defending me or people with similar names, there is no point. Thanks to everyone who PMed me, but please don't send PM's, instead please email to info@GalaxyASIC.com My plans were initially not to take consumer pre-orders, but to sell part of a company to investors. But I realized that in such case investors will get much better deal than consumers, plan is evolving. The only reason that there is a plan to sell 50% to consumers is to bring higher value to the product and reliability to Bitcoin.

2013-03-28 - Several investors demanding faster delivery than we originally planned or is possible due to technology, so while my first team will be working on 20nm first ASIC, I will be hiring more engineers to work in parallel on our second chip that will come out first in about 3-5 month. I will not be publicly disclosing the technology or specs because it will only be available to investors since it doesn't threaten 51% attack and because I don't want anyone copying us. Investors will have more, but not all info under NDA.

2013-06-17 - Some spec corrections to accommodate modular design.

Additional Investors wanted !
to accelerate return on investment.




Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: miter_myles on March 25, 2013, 01:11:40 PM
Hmm.. interesting.. probably beat BFL too.. lol

Prepare for an extensive background check.. this forum has some decent google detectives..

If this is legit.. then best of luck.. we need more competition with ASIC.. given the current pre-order pricing from the only company that has delivered thus far.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Vicus on March 25, 2013, 01:15:41 PM
Is 20nm process commercialy available?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Newscastix on March 25, 2013, 01:18:59 PM
Nice.. I'm in!  :D

The technical details sound very interesting so far.....


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Vladimir on March 25, 2013, 01:20:29 PM
I am a bit surprised that you plan to cool 32amps/120V in a 4U case. Care to comment on that?



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: drawingthesun on March 25, 2013, 01:22:01 PM
Interested....


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: ralree on March 25, 2013, 01:22:32 PM
BTW, I am not an electrical engineer so give me a brake break on that. I am CEO.
(To Be Determent Determined) - we will try to make it affordable.

OK I'm going to just help you out and let you know about these mistakes.  Not trying to troll, just hate spelling and grammar errors!

Good luck!  I hope to see progress in the near future.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: bitblazing on March 25, 2013, 01:35:53 PM
Interested!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 25, 2013, 01:39:38 PM
@Vladimir
it's not 32Amp/120V its only circuit breaker that big, but specked power draw is 2250 + power-supply inefficiency

@Vicus
@Entropy-uc
Can't disclose name of a foundry yet, NDA. By the time we will be ready manufacturer will already be producing 20nm.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: ShadesOfMarble on March 25, 2013, 01:41:38 PM
Given that Intel is 2 years ahead of the industry and they just started shipping 22nm product, I think you are living in Strawberry Shortcake land.

/thread


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 25, 2013, 01:46:11 PM
@Vladimir
it's not 32Amp/120V its only circuit breaker that big, but specked power draw is 2250 + power-supply inefficiency

@Vicus
@Entropy-uc
Can't disclose name of a foundry yet, NDA. By the time we will be ready manufacturer will already be producing 20nm.

And now I call bullshit.

Every foundry's roadmap is published 5 years in advance, publicly so that the supply chain can be ready.  There is no NDA on that data.

So go ahead and show us all one foundry with a roadmap to start shipping production wafers this fall at 20nm.

Then explain how you will get any wafer starts when Apple, Qualcomm, Broadcomm, Altera, Xilinx, NVidia, and 50 other $Billion/year fabless companies are all fighting for the same wafer starts.

Get a new nickname, and a better story for your scam next time.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Dalkore on March 25, 2013, 02:05:38 PM
@Vladimir
it's not 32Amp/120V its only circuit breaker that big, but specked power draw is 2250 + power-supply inefficiency

@Vicus
@Entropy-uc
Can't disclose name of a foundry yet, NDA. By the time we will be ready manufacturer will already be producing 20nm.

And now I call bullshit.

Every foundry's roadmap is published 5 years in advance, publicly so that the supply chain can be ready.  There is no NDA on that data.

So go ahead and show us all one foundry with a roadmap to start shipping production wafers this fall at 20nm.

Then explain how you will get any wafer starts when Apple, Qualcomm, Broadcomm, Altera, Xilinx, NVidia, and 50 other $Billion/year fabless companies are all fighting for the same wafer starts.

Get a new nickname, and a better story for your scam next time.

I was under this impression that their books are locked for months to years in advance.   Please give us something more to go on. 


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 25, 2013, 02:33:28 PM
@Entropy-uc
I didn't say that their PR or road map is under NDA, it's public info, I said that my agreement with them is under NDA and time haven't come till they permitted us to do the public announcement.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Dalkore on March 25, 2013, 02:38:35 PM
@Entropy-uc
I didn't say that their PR or road map is under NDA, it's public info, I said that my agreement with them is under NDA and time haven't come till they permitted us to do the public announcement.

Ok, I can see that.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Nemesis on March 25, 2013, 02:41:50 PM
@Entropy-uc
I didn't say that their PR or road map is under NDA, it's public info, I said that my agreement with them is under NDA and time haven't come till they permitted us to do the public announcement.

I dont give a flying shiet.

Dont ask for preorders. Take orders when you're ready to ship and have been done demo your products to public prior.

Otherwise, get the fuck off .


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 25, 2013, 02:53:02 PM
@Nemesis
Nice to see you being vigilant.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Beta-coiner1 on March 25, 2013, 03:04:47 PM
Many here expect there will be "announcements" for magical ASICs that makes lot of BTC,but all will be viewed highly with suspicion with regards to even there existence.Good luck on your 'marketing'.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: nbtcminer on March 25, 2013, 03:50:14 PM
Good luck with the project; hopefully you've learn something from all the other ASIC start up attempts (i.e. Avalon, bASIC, BFL). I highly suggest you show proof of your product before you consider launching a pre-order/sales campaign. If you worked with a more senior member of the community (i.e. one of the major pool operators / a core dev) you'll be less likely to be accused of a being a scammer.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Fuzzy on March 25, 2013, 04:06:31 PM
If you think TSMC is going to give any attention to Bitcoin ASICs when they have the likes of Intel, Apple and nVidia to deal with... well, I wish you best of luck  ;)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BBQKorv on March 25, 2013, 05:39:17 PM
This 20nm process bothers me very much. How can there be a company holding such a technology and not having any public presentations about it, they would have so many big customers if they would just announce the technology instead of trying to hide it until some <500k bitcoin ASICs are produced. Doesn't really sound like that foundry's best interest.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: uhoh on March 25, 2013, 05:42:10 PM
This 20nm process bothers me very much. How can there be a company holding such a technology and not having any public presentations about it, they would have so many big customers if they would just announce the technology instead of trying to hide it until some <500k bitcoin ASICs are produced. Doesn't really sound like that foundry's best interest.

I think you may have answered your own question there.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: uhoh on March 25, 2013, 05:48:03 PM
At $75/BTC a pop, I can't understand people throwing money at the endless stream of fly-by-night ASIC scams. It's easy, don't! at least until said company can prove it by sending units to developers or respected members. The exception was Avalon batch #1, which was a gamble of trust which paid off... but at least they had delivered a working product before. Sure, so did BFL and bASIC, which kind of breaks that point but hey, the message remains:

IF SOMETHING IS TOO GOOD TO BE TRUE, IT PROBABLY IS!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 25, 2013, 06:17:35 PM
How can there be a company holding such a technology and not having any public presentations about it

If under "company" you mean us then there is not much to say yet besides what have been said and 20nm technology is not ours its fabricator's. If you mean IC manufacturer then they have announced it. I am just not going to tell you who it is till I am allowed. But you wouldn't have to wait too long.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: senseless on March 25, 2013, 06:18:25 PM
1 simple question:  What foundry has a 20 nm process on their roadmap?  

TSMC, 1 year ago.



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: senseless on March 25, 2013, 06:18:51 PM
If you think TSMC is going to give any attention to Bitcoin ASICs when they have the likes of Intel, Apple and nVidia to deal with... well, I wish you best of luck  ;)

Who do you think is making Avalon chips? I guess all of those people with avalons are a scam eh?





Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Fuzzy on March 25, 2013, 06:53:42 PM
If you think TSMC is going to give any attention to Bitcoin ASICs when they have the likes of Intel, Apple and nVidia to deal with... well, I wish you best of luck  ;)

Who do you think is making Avalon chips? I guess all of those people with avalons are a scam eh?


Those Avalons are 110nm, that must be what you're making. You'd have to be either extremely naive or a scammer to suggest anyone capable of manufacturing 20nm semiconductors is going to bother with bitcoin hardware.

But I'd love to be proven wrong  ;)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: atomicdog on March 25, 2013, 07:01:37 PM
This 20nm process bothers me very much. How can there be a company holding such a technology and not having any public presentations about it, they would have so many big customers if they would just announce the technology instead of trying to hide it until some <500k bitcoin ASICs are produced. Doesn't really sound like that foundry's best interest.

come on guys 30 seconds of googling produced this hit:

http://www.tsmc.com/english/dedicatedFoundry/technology/20nm.htm



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: atomicdog on March 25, 2013, 07:06:43 PM
If you think TSMC is going to give any attention to Bitcoin ASICs when they have the likes of Intel, Apple and nVidia to deal with... well, I wish you best of luck  ;)

Who do you think is making Avalon chips? I guess all of those people with avalons are a scam eh?


Those Avalons are 110nm, that must be what you're making. You'd have to be either extremely naive or a scammer to suggest anyone capable of manufacturing 20nm semiconductors is going to bother with bitcoin hardware.

But I'd love to be proven wrong  ;)

i have no idea if this 20nm asic is for real or not, but TSMC is a contract manufacturer. I don't see why they would care what kind of chips they are making as long as they get paid for it...


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Clearfly on March 25, 2013, 08:12:01 PM
GlobalFoundaries will be on 20nm later this year.
http://www.xbitlabs.com/news/other/display/20130211140309_GlobalFoundries_10nm_Process_on_Track_for_2015_7nm_Fabrication_Process_Due_in_2017.html


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: VeeMiner on March 25, 2013, 08:23:26 PM
if you work with the swiss company that recently announced their technology then I say it's feasible, will watch for updates.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Dhomochevsky on March 25, 2013, 09:25:59 PM
Didn't they say they were using 28nm tech? I could be wrong though...


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: ||bit on March 25, 2013, 10:03:28 PM
Whatever the case. It would be nice to know if this guy is legit. I'd like to see other asic options. Even if it's only just competitive, if he can deliver on time, I'd opt for that over the current delays. And if he has a awesome customer relations, he'd probably would win not just mine, but most of the business. But I won't hold my breath in the meantime.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 25, 2013, 10:24:32 PM
If you think TSMC is going to give any attention to Bitcoin ASICs when they have the likes of Intel, Apple and nVidia to deal with... well, I wish you best of luck  ;)

Who do you think is making Avalon chips? I guess all of those people with avalons are a scam eh?


There is a galaxy of difference between getting wafer starts on a 10 year old Fab and getting access to current generation process tech.  If you aren't spending hundreds of millions with a foundry, they aren't going to even talk to you in the first couple years of operations.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: senseless on March 25, 2013, 11:40:18 PM
There is a galaxy of difference between getting wafer starts on a 10 year old Fab and getting access to current generation process tech.  If you aren't spending hundreds of millions with a foundry, they aren't going to even talk to you in the first couple years of operations.

Really, How then was Adapteva able to get their 28nm Epiphany IV platform printed and packaged in less than 6 months? Scam too, right? Not really much difference between a 800,000$ kickstarter project and a bitcoin project.



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 25, 2013, 11:42:12 PM
There is a galaxy of difference between getting wafer starts on a 10 year old Fab and getting access to current generation process tech.  If you aren't spending hundreds of millions with a foundry, they aren't going to even talk to you in the first couple years of operations.

Really, How then was Adapteva able to get their 28nm Epiphany IV platform printed and packaged in less than 6 months? Scam too, right? Not really much difference between a 800,000$ kickstarter project and a bitcoin project.



Learn to read.  Then learn to comprehend.  How long have 28 nm lines been running in the foundries?

Hoping and wishing for unicorns won't produce unicorns.  It will just make you old, fat and stupid.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: senseless on March 26, 2013, 12:03:28 AM
Learn to read.  Then learn to comprehend.  How long have 28 nm lines been running in the foundries?

Hoping and wishing for unicorns won't produce unicorns.  It will just make you old, fat and stupid.

Wow, I'm not even sure what to say. I suppose following your own advice may be helpful.

No where did I say this was NOT a scam. Just pointing out the flaws in the arguments.

Your point was "If you arent spending hundred of millions of dollars the fab won't talk to you". This is obviously not the case as I've pointed out with the adapteva kickstarter project (which went from design -> shipping quicker than any bitcoin asic project), hence your need to fall back to straw man arguments and name calling. TSMC went online with 28nm tech in early 2010 it is now early 2013 . There are downtimes and times which the fab can run other batches than those scheduled by AMD, Nvidia, etc. Hence the reason they create a schedule, so they can pump out the smaller projects in between their larger production runs for the "big boys". The amount of wafers that a bitcoin project would need to satisfy customer demand could be pumped out in a matter of hours. They're doing 55,000 wafers a month at one of their 28nm fabs. Asicminer was getting about 12TH/s per wafer. A half dozen wafers would be the equivalent power of the entire bitcoin network at this point [probably much less than 6 wafers if on a 20nm process].

We also don't know what kind of asic it is. It could just be some cell library or a structured asic with just a single top layer mask being defined.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: filharvey on March 26, 2013, 12:29:52 AM
Interested in seeing more details on this. When they are ready.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: juggalodarkclow on March 26, 2013, 12:32:53 AM
tits or gtfo ;)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: zedicus on March 26, 2013, 12:36:59 AM
Think im gonna start a "PRE ORDER BAN" thread Unless someone beats me too it!

 I think it will make the community safer from preying minds! Not to say the op is full of it... Just saying!



 




Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kernelpanic on March 26, 2013, 12:42:19 AM
First the good news.  Some basic Googling seems to indicate that Max Avroutski is a real person that has some experience in various facets of IT.  This is a step ahead of most ASIC scams where all attempts to research the company turn up nothing before three days ago.  His LinkedIn page does not inspire much confidence though, for example:

"knowledge in business processes and business practices, law, material science, psychology, neuroscience, medicine, manufacturing processes, computer science and more;"

Best case scenario is that this is a very early stage venture that will likely encounter the same issues that the other legitimate attempts did.  Chances of success are slim and none, and Slim is warming up his car to head out of town.

Please do not attempt to preorder anything!!!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: filharvey on March 26, 2013, 01:28:16 AM
Where has he said they are currently available for pre-order. All he has done is announced that they have a product like 99% of other companies do. When they say there is a web site and pre-orders then lets jump on them.

Until then just accept this as any other press release of a product coming out in the future.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: hardcore-fs on March 26, 2013, 01:54:25 AM
First the good news.  Some basic Googling seems to indicate that Max Avroutski is a real person that has some experience in various facets of IT.  This is a step ahead of most ASIC scams where all attempts to research the company turn up nothing before three days ago.  His LinkedIn page does not inspire much confidence though, for example:

"knowledge in business processes and business practices, law, material science, psychology, neuroscience, medicine, manufacturing processes, computer science and more;"

Best case scenario is that this is a very early stage venture that will likely encounter the same issues that the other legitimate attempts did.  Chances of success are slim and none, and Slim is warming up his car to head out of town.

Please do not attempt to preorder anything!!!

Sorry this means nothing, I know at least one guy on linkedin who appears to be highly professional and with his own company with a million $ turn over.
To read his LI profile you would think he personally invented oxygen, time travel, languages and ALL good Ideas.
 Unfortunately I know the guy and his LI profile is just an bloated extension of his imagination.
So I'm sorry but a self mastabatory LI profile is not going to cut it with me. (show me the patents......)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Rodyland on March 26, 2013, 01:58:03 AM
tits or gtfo ;)

Shouldn't that be "GH/s or gtfo"?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: zedicus on March 26, 2013, 02:00:04 AM
^^ i disagree. There is nothing at all remotely "business as usually" for anything bitcoin related.

We need to hold accountable company's looking to place a foothold in the community ...

If this was your community would you let GalaxyAsic plaster ads all over the community and take "pre-orders" to the tune of (fill in obnoxious amount here) and then just cross your fingers and hope they dont take advantage of the entire community at large?


 Would you wait 1 year after that to determine 1/2 of your community has been robbed and you HELPED!?


 Would you after realizing the error of your ways allow a third and 4th and 5th company to take advantage of your userbase knowing what you know now!   (crickets)




Seems we should be Asking our community leaders to look into moderated company announcements with a show and tell or go home attitude.

These people are not EVGA and have 0 track record and should be treated as such!

You get a fortune 500 company with a track record and a commitment to customer support and timely announcements then we can talk about it.


Untill then...


PRE-ORDERS OF ANY KIND SHOULD BE BANNED! NO PRODUCT NO CASH!~ OR IN OUR CASE NO COINS..

 
------------------------------------------------



 








Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Rodyland on March 26, 2013, 02:05:29 AM

PRE-ORDERS OF ANY KIND SHOULD BE BANNED! NO PRODUCT NO CASH!~ OR IN OUR CASE NO COINS..

 
------------------------------------------------


While I agree with the sentiment, and I agree that people should be warned against pre-ordering promises from people who have shown no track record of delivery, I'm not sure about using the ban hammer.

Then again, this ain't kickstarter, so maybe, as I said above only half in jest, "GH/s or gtfo" is an option. 

Ultimately I think it's up to the community to self-enforce.  If people stopped throwing coins at every scam that came along promising rainbows and unicorns and untold riches, the scams would go away (or at least, slow down).

This is a tough one, and this certainly isn't the thread to continue this line of discussion - sounds like it belongs in the Meta board.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: zedicus on March 26, 2013, 02:15:41 AM

PRE-ORDERS OF ANY KIND SHOULD BE BANNED! NO PRODUCT NO CASH!~ OR IN OUR CASE NO COINS..

 
------------------------------------------------


While I agree with the sentiment, and I agree that people should be warned against pre-ordering promises from people who have shown no track record of delivery, I'm not sure about using the ban hammer.

Then again, this ain't kickstarter, so maybe, as I said above only half in jest, "GH/s or gtfo" is an option.  

Ultimately I think it's up to the community to self-enforce.  If people stopped throwing coins at every scam that came along promising rainbows and unicorns and untold riches, the scams would go away (or at least, slow down).

This is a tough one, and this certainly isn't the thread to continue this line of discussion - sounds like it belongs in the Meta board.





Indeed its a sentiment, and not a perfect plan but a dialog is needed for sure! In essence your right the dialog should probably be elsewhere but no better place to SELF-ENFORCE then at the source of potential abuse!

Untill our community leaders pull rank then tomatoes will be thrown here or not! The stench BFL has left will not be easily dismissed ... if it smells like **** then it probably is!  No need to put it in a corner and see if we can still smell it!






lol@this aint kickstarter!

 


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 03:41:33 AM
Hmm.. interesting.. probably beat BFL too.. lol

Prepare for an extensive background check.. this forum has some decent google detectives..

If this is legit.. then best of luck.. we need more competition with ASIC.. given the current pre-order pricing from the only company that has delivered thus far.

The reason for quoting Post #2 is to state that I didn't even need to read the first reply to have faith in the OP (so far). I didn't even click the link(s) he provided. Reason being is that the OP comes across as legit, whereas all the other so-called ASIC-based rig suppliers are easily read as scammers from the get-go.

I reserve the right to change my position, but at this penning I'm already a believer.

~Bruno K~


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 03:56:00 AM
This 20nm process bothers me very much. How can there be a company holding such a technology and not having any public presentations about it, they would have so many big customers if they would just announce the technology instead of trying to hide it until some <500k bitcoin ASICs are produced. Doesn't really sound like that foundry's best interest.

come on guys 30 seconds of googling produced this hit:

http://www.tsmc.com/english/dedicatedFoundry/technology/20nm.htm


I'm starting to have doubts after reading the concerns posted about the use of 20nm chips: http://www.engadget.com/2013/01/18/tsmc-28nm-process-2013/

Quote
Looking further ahead, Chang said his company's already seen enough clients and demand for the upcoming 20nm manufacturing process, which should have a more significant financial contribution in 2014. The exec also predicted that at TSMC, its 20nm production will see a bigger growth rate between 2014 and 2015 than its 28nm counterpart did between 2012 and 2013 -- the former should eventually nab close to 90 percent of the market, said Chang.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 04:35:50 AM
I'm not sure if anything has been changed, but here's the Google cache from March 6, 2013:

Quote
Max Avroutski's Overview

Current
Consultant at Consulting Services
Founder at Improve American Education
Past
Founder in training at The Founder Institute
CEO / CTO at 1Terabit, Inc
System Developer turned Partner at Glass Company
Education
College of Telecommunications
Recommendations
1 person has recommended Max
Connections
53 connections
Max Avroutski's Projects

Discounteer
Team Members: Max Avroutski
Discounteer - helps people to make a decision on which consumer product to buy while providing expert reviews, current and historic pricing, and discount information from all merchants.
SPAM FREE World
Team Members: Max Avroutski
SPAM FREE World project - can guaranty 100% no SPAM, Zero false positives with no management cost. Join me if you think you have what it takes to fight SPAM.
Software Factory
Team Members: Max Avroutski
65% of software projects are over budget, past deadlines or never complete. Software Factory crowd-sources millions of developers worldwide and empowers them with a unique combination of business practices, project management and software development tools to provide 100% guaranty of on-time and on-budget delivery of software development projects at competitive rates.
Secure Video Content Protection
Team Members: Max Avroutski
Unremovable content protection technology to combat video piracy.

Max Avroutski's Summary

I am a Usability, Marketing & Business Analysis Expert.

[Usability is the ease of use and learnability and I have a brain for it. Among other things it includes User Interface, User Experience and Ergonomics.]

My other broad range of skills include:

- unearthing and analyzing Strategic and Competitive business intelligence that makes or breaks the business;
- online & off-line marketing, creative design & copywriting;
- coming up with ingenious solutions for impossible problems using my multidisciplinary knowledge in business processes and business practices, law, material science, psychology, neuroscience, medicine, manufacturing processes, computer science and more;
- recognizing patterns that most people don't see;
- development, analysis, and testing of software and infrastructure systems.

Max Avroutski's Experience

Consultant
Consulting Services
January 2001 – Present (12 years 2 months)
Business, marketing, Internet and software consulting services.

I do a lot of marketing and usability work as a ghost marketer for number of companies under their names. I can't talk about what specifically I have done and for who due to NDA, but I can tell you and show you what I can do for you. Just ask for an evaluation.

If you have been on the Internet for more than a day I am sure you have seen my work.

(The reason why I like doing ghost work is because I get paid way more for it than for work for which I can take credit for.)

Some of the projects I can talk about:
- Independently marketed Prosper.com to build the largest active group on Prosper.com with over 5,700 members, almost 800 loans and over $4,200,000 loaned.

- Repair & upgrade of dozens Rimage CD/DVD robotic duplication systems. Created SATA upgrade for SCSI & FireWire systems.

- Created marketing piece consisting of: 1) CD cover; 2) Autostart hybrid Mac/PC CD with Adobe Flash presentation of services of my customer. Once inserted into computer it would automatically run and check for an updated version on the Internet server and if no internet access or no new version is available it would play original presentation stored on CD; 3) PHP/MySQL server program that would log each presentation CD's viewing for future analysis of the marketing campaign.
Founder
Improve American Education
February 2011 – Present (2 years 1 month)
Improve American Education is working on of bringing affordable, engaging and easy to learn 21st century education to the masses. We modernize old ideas and research and develop new methods of educating using the Scientific Method. We are in the process of producing both online and standalone educational software products as well as tangible learning materials initially for students K-12. In the future we will expand onto other age groups and corporate training products. We invite all educators, multimedia and film makes to help us to Improve American Education!
Founder in training
The Founder Institute
March 2011 – March 2011 (1 month) NYC
The Founder Institute is a technology startup accelerator and entrepreneur training program.
CEO / CTO
1Terabit, Inc
April 1996 – December 2000 (4 years 9 months)
- Started the company using small personal savings, grew it into 1 of only 33 Primary Internet Backbone providers at the time.
- Worked with regulatory agencies to attain status of CLEC (Competitive Local Exchange Carrier) to compete with incumbent phone companies in selling telephone services
- Successfully transitioned part of the business from retail dial-up, that was becoming less profitable, into more profitable wholesale dial-up.
- Acquired use rights to nationwide fiberoptic network and negotiated Internet Network Peering agreements.
- Hired and trained employees for Sales, Customer Service and Technical Support.
- Engineered, installed, and run Cisco router and switch based network. Tested, evaluated, and used for providing service Ascend, Cisco, NEC, Fujitsu, IBM, Sycamore and many other switches, routers, servers, optical carrier, and DSL equipment. Build custom servers for providing webhosting. Performed hardware, software and network troubleshooting.
- Developed, adopted, and modified both our own proprietary and open source software to speedup and simplify installation, monitoring and management of customer accounts and network systems.
- Successfully sold the company.

Archive of our "State of the Art" :) (by 1998 standards) website:
http://web.archive.org/web/1998/http://www.terabit.net/
.
System Developer turned Partner
Glass Company
October 1991 – March 1996 (4 years 6 months)
Invented process of extremely fast production of permanent art designs on the glass. Built computerized system for the manufacturing process. Invention is protected by the trade secret.
Max Avroutski's Languages

English (Native or bilingual proficiency)
Russian (Native or bilingual proficiency)
Max Avroutski's Skills & Expertise

Start-ups  Research  User Experience  Social Media  Marketing Business Strategy  Product Development  New Business Development User Interface  User Interface Design  Usability Engineering User Experience Design  Business Intelligence  Data Mining  Copywriting Ergonomics
Max Avroutski's Education

College of Telecommunications
Computer Science
1988 – 1991
- Finished 2 years of Mathematics study in 4 month.
- Switched major from Applied Mathematics to Computer Science.
- Helped teach programming courses to students.

Important Edit: I accidently deleted this post while quoting a segment from it, therefore it's somewhat reconstructed. Nothing was purposely altered. My apologies.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: jayeeyee on March 26, 2013, 04:47:52 AM
Hmm.. if this dude is really located in NYC, that mean's he's only a few train stops away from me.  I always feel safer when I purchase something from someone who is local. >:]


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 04:52:57 AM
Hmm.. if this dude is really located in NYC, that mean's he's only a few train stops away from me.  I always feel safer when I purchase something from someone who is local. >:]

It seems a Douglas Tello has recommended him on LinkedIn and he lives in Chicago. Amazingly, I grew up only blocks away from him, south on Western. I was just in that neighborhood Saturday.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BitSyncom on March 26, 2013, 04:53:32 AM
Hmm.. if this dude is really located in NYC, that mean's he's only a few train stops away from me.  I always feel safer when I purchase something from someone who is local. >:]

by that logic, he is also a few subway stops away from me.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: zedicus on March 26, 2013, 05:33:32 AM
^^ if BFL was next door i think we would all be hurling tomatoes!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 05:38:34 AM
I just realized that I forgot to link the cache URL: http://webcache.googleusercontent.com/search?q=cache:2L1pHAjHrm0J:www.linkedin.com/in/maxavroutski+&cd=1&hl=en&ct=clnk&gl=us

Now search both LinkedIn pages (current and cache) for the terms Galaxy and Education, and see what you find. Search each term individually, and not at the same time.

Current: http://www.linkedin.com/in/MaxAvroutski


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: zedicus on March 26, 2013, 05:48:19 AM
I just realized that I forgot to link the cache URL: http://webcache.googleusercontent.com/search?q=cache:2L1pHAjHrm0J:www.linkedin.com/in/maxavroutski+&cd=1&hl=en&ct=clnk&gl=us

Now search both LinkedIn pages (current and cache) for the terms Galaxy and Education, and see what you find. Search each term individually, and not at the same time.

Current: http://www.linkedin.com/in/MaxAvroutski


oh cmon its "American Education" they dont teach cache..

lulz

here we have :

Cash withdraws
Cash Limits
or Cash withdraw limits
Cash Sequester
Cash Outta yo pocket!

and Cash be gone!

They dunt mention cache anywhere..
-------------------

All the google graduates to the front of the line! The education on the internet is much better! Some of them have figured out sometimes cache might save you CASH!!!!!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 06:13:03 AM
I just realized that I forgot to link the cache URL: http://webcache.googleusercontent.com/search?q=cache:2L1pHAjHrm0J:www.linkedin.com/in/maxavroutski+&cd=1&hl=en&ct=clnk&gl=us

Now search both LinkedIn pages (current and cache) for the terms Galaxy and Education, and see what you find. Search each term individually, and not at the same time.

Current: http://www.linkedin.com/in/MaxAvroutski


oh cmon its "American Education" they dont teach cache..

lulz

here we have :

Cash withdraws
Cash Limits
or Cash withdraw limits
Cash Sequester
Cash Outta yo pocket!

and Cash be gone!

They dunt mention cache anywhere..
-------------------

All the google graduates to the front of the line! The education on the internet is much better! Some of them have figured out sometimes cache might save you CASH!!!!!

Now, for the Avroutski family at a petting zoo, and yes there's a chicken (seriously): http://www.youtube.com/watch?v=JKpfLBm3fyA


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 06:27:51 AM
I think this Douglas guy has a crush on Max: http://www.meetup.com/BitcoinDC/member/5704316/

Quote
Max Avroutski
Location:New York, NY
Hometown: New York
Member since:
March 4, 2013
Introduction
I would like to trade bitcoins.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Gyrsur on March 26, 2013, 01:00:40 PM


Why announce now ?
So that potential customers would know that they will have options.



I won't do a preorder because of the butterflylabs.com accident and I want to have the ability to buy a unit with only one module of 500GH/s.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: neotrix on March 26, 2013, 01:45:36 PM
I think this Douglas guy has a crush on Max: http://www.meetup.com/BitcoinDC/member/5704316/

Quote
Max Avroutski
Location:New York, NY
Hometown: New York
Member since:
March 4, 2013
Introduction
I would like to trade bitcoins.


So the guy want to trade bitcoin since 4 march 2013?  Does it mean Max has just heared recently about bitcoin and he can bring up an Asic on a 20 nm process...wow wonderfull world...

Out of thread, someone quoted a foundery in swiss, does someone have the name of this foundery? One of my friend from Swiss have his father owning 3 factories doing chips apparently and he's only one to do it in Europa apparently (Im personnaly no skilled for that and was not looking about asic when my friend told me about factories of his father and I just made the relation when reading this thread). It could be funny and interessant if his father was owner of a company able to produce chips...


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 04:03:06 PM
Quote
Compare: http://www.meetup.com/ny-tech/members/5704316/?op=&memberId=5704316

Max Avroutski
Location: New York, NY
Hometown: New York
Member since: December 2, 2007

Introduction

At (My America Education) http://www.MyAmEd... we help teachers and educators to bring affordable, engaging and easy to learn multimedia and game-like education to K-12. Please send me a message on how you can help to Improve American Education.

Confirmed! Same guy: http://www.pagesinventory.com/domain/www.myamed.com.html

Quote
DNS #1:   run.earth.orderbox-dns.com
DNS #2:   run.mars.orderbox-dns.com
DNS #3:   run.mercury.orderbox-dns.com
DNS #4:   run.venus.orderbox-dns.com

http://who.godaddy.com/whoisregdata.aspx?k=4xHeW1GexhaLgbBjvq4cYg==&domain=galaxyasic.com&prog_id=GoDaddy

Quote
Domain Name: GALAXYASIC.COM
Registrar: NETEARTH ONE INC. D/B/A NETEARTH
Whois Server: whois.advancedregistrar.com
Referral URL: http://www.advancedregistrar.com
Name Server: RUN.EARTH.ORDERBOX-DNS.COM
Name Server: RUN.MARS.ORDERBOX-DNS.COM
Name Server: RUN.MERCURY.ORDERBOX-DNS.COM
Name Server: RUN.VENUS.ORDERBOX-DNS.COM
Status: clientTransferProhibited
Updated Date: 25-mar-2013
Creation Date: 25-mar-2013
Expiration Date: 25-mar-2014

And now this: http://www.ideaswatch.com/inspirers/1361556859372256


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 04:51:36 PM
I'm done!: http://www.yasni.com/ext.php?url=http%3A%2F%2Fwww.prosperreport.com%2Farchive%2Fforums%2F9%2F5%2F9533.0.HTM&name=Max+Avroutski&cat=statement&showads=1

Quote
I am also a member of the Hi_Max group. Didn't know when I joined :angry: . Nevertheless, I poked around a bit this morning and found the following info about the elusive Hi_Max.

Full Name: Max Avroutski (His full name was on his Prosper profile, but has since been removed)

Address: P.O. Box 140156, Brooklyn NY 11214

Phone: 718-560-3082

Company: 1Terabit, Inc., www.terabit.net

Another company also showed up: Algora Publishing, Tel 212-344-4443, Fax 212-344-3940, 11 Broadway, 4th Floor, NY,NY 10004, http.algora.com.

FYI

http://myworld.ebay.com/avrutsky/

http://members.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=avrutsky


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 26, 2013, 05:24:23 PM
I'm changing my name to Chuck Kowalkas: http://who.godaddy.com/whois.aspx?k=Au0x+Q5hlVgzpZzL2UEzwBKJmk+H5Mi+wsvIi8tDlHm7YujGnGp2rj7RBb6RbHSFVxZPPURDAUo=&domain=worldcoinsonline.com&prog_id=GoDaddy

Quote
Registrant:
AVRUTSKIY, ILYA
2901 OCEAN PKWY APT E5
BROOKLYN, NY 11235-8031
US

Domain Name: WORLDCOINSONLINE.COM



Administrative Contact:
AVRUTSKIY, ILYA    worldcoinsonline@hotmail.com
2901 OCEAN PKWY APT E5
BROOKLYN, NY 11235-8031
US
718 646 3458

Technical Contact:
Network Solutions, LLC.    customerservice@networksolutions.com
13861 Sunrise Valley Drive
Herndon, VA 20171
US
1-888-642-9675 fax: 571-434-4620

Record expires on 12-Nov-2016.
Record created on 12-Nov-2000.
Database last updated on 26-Mar-2013 13:20:59 EDT.

Domain servers in listed order:

NS1.TERABIT.NET 72.36.191.222
NS2.TERABIT.NET
NS3.TERABIT.NET
NS4.TERABIT.NET 206.130.109.51

Registrar: NETWORK SOLUTIONS, LLC.
Whois Server: whois.networksolutions.com
Creation Date: 12-NOV-2000
Updated Date: 03-OCT-2011
Expiration Date: 12-NOV-2016

Nameserver: NS1.TERABIT.NET
Nameserver: NS2.TERABIT.NET
Nameserver: NS3.TERABIT.NET
Nameserver: NS4.TERABIT.NET


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 26, 2013, 10:53:16 PM
WTF!

What moderator changed this guy's nick to GalaxyASIC?  Tolerating scammers is one thing.  Actively helping them is ridiculous.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Dagger75 on March 27, 2013, 12:28:13 AM
WTF!]

What moderator changed this guy's nick to GalaxyASIC?  Tolerating scammers is one thing.  Actively helping them is ridiculous.
[/quote


Ain't that the truth!  Until someone can show working products, Bitcointalk should not help "Advertise" these "companies" as it sends the wrong message to the average Joes who read these forums and trust the moderators know the difference between the good and bad companies out there.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 12:41:46 AM
WTF!]

What moderator changed this guy's nick to GalaxyASIC?  Tolerating scammers is one thing.  Actively helping them is ridiculous.


Ain't that the truth!  Until someone can show working products, Bitcointalk should not help "Advertise" these "companies" as it sends the wrong message to the average Joes who read these forums and trust the moderators know the difference between the good and bad companies out there.

I want answers too! He was mumu here on BT, and there's a mumu on BFL's forum: https://forums.butterflylabs.com/search.php?searchid=104317&pp=&page=2

All his newbie posts have been deleted on this forum. Only a VIP can change their name. Any other name change request should have a post accompanying it.

~Bruno K~


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 12:59:13 AM
http://farm9.staticflickr.com/8367/8594211986_d42fa30e71.jpg http://farm9.staticflickr.com/8377/8593117889_6f923efd80_n.jpg


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: live627 on March 27, 2013, 01:04:42 AM
And why or how is that meaningful?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 01:07:50 AM
To show that's they are the same person and that a change of name occurred with no record, and now GalaxyASIC is positioning himself to sell 20nm ASIC chip-based mining rigs come this fall.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 27, 2013, 01:11:33 AM
To show that's they are the same person and that a change of name occurred with no record, and now GalaxyASIC is positioning himself to sell 20nm ASIC chip-based mining rigs come this fall.

Which means that someone with administrator privileges on this board is aiding them in a fashion that is abnormal for the policies of the site.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 01:43:34 AM
To show that's they are the same person and that a change of name occurred with no record, and now GalaxyASIC is positioning himself to sell 20nm ASIC chip-based mining rigs come this fall.

Which means that someone with administrator privileges on this board is aiding them in a fashion that is abnormal for the policies of the site.

Here's one post deleted:

Quote
Re: Whitelist Requests (Want out of here?)
February 23, 2013, 01:55:36 AM
 #3683

Can I be white listed, I would like to buy some mining gear and post my request in Hardware section https://bitcointalk.org/index.php?board=75.0


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 01:46:35 AM
As of March 24, 2013, he was still going by mumu: http://webcache.googleusercontent.com/search?q=cache:9QhMRITN8ZsJ:https://bitcointalk.org/index.php%3Ftopic%3D155345.320+&cd=12&hl=en&ct=clnk&gl=us

Quote
Re: The latest Avalon announcement in China(Translated). Batch #3, price and more.
Today at 07:23:29 AM
 #321

There is too high probability that by the time Avalon batch 3 delivered BFL will be out in full 655TH force and then good luck with making back your 88 BTC
I have calculated that BFL pumping @25% of their ability i.e. 200 units a day * 22 workdays a month of 60GH units will increase network by 8.8TH a day
200*22*60/30=8,800GH

Not counting existing miners or other companies. So in 365 days you will make 43.71 BTC and deduct $1,314 for power (0.600kW*24H*365D*$0.25)

Price is 3-4 times too high so it's too big of a gamble. Feels like Avalon is cashing-out out of the game. Last final sale for all the marbles, grabbing with both hands. They pretty much dead very soon. Even if BFL will delay again for 2 month, Avalon doesn't have much better track record of delivering in volume. Where are 1st batch 300 and 2nd 600, I ask you?
And we are only 2 weeks away from their announced delivery.

Plus no warranty or guaranteed support. Sounds like they don't have faith in their ability to fix it, (or make it)

And he was quoted: https://bitcointalk.org/index.php?topic=155345.msg1666637#msg1666637

Also:

This is ridiculous, normal forums have section names something like "Forum Rules" that is accessible from main forum page where there usually explanation of newbie limits. I had to go to another forum and ask them why I can't find a new post button.

Try reading things before agreeing to them...

https://i.imgur.com/IImy71P.png

And this BOZO is planning on building ASIC-based mining rigs with 20nm chips. The fucker doesn't even know how this forum works, nor took time to read the rules.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 27, 2013, 01:52:16 AM
As of March 24, 2013, he was still going by mumu: http://webcache.googleusercontent.com/search?q=cache:9QhMRITN8ZsJ:https://bitcointalk.org/index.php%3Ftopic%3D155345.320+&cd=12&hl=en&ct=clnk&gl=us

Quote
Re: The latest Avalon announcement in China(Translated). Batch #3, price and more.
Today at 07:23:29 AM
 #321

There is too high probability that by the time Avalon batch 3 delivered BFL will be out in full 655TH force and then good luck with making back your 88 BTC
I have calculated that BFL pumping @25% of their ability i.e. 200 units a day * 22 workdays a month of 60GH units will increase network by 8.8TH a day
200*22*60/30=8,800GH

Not counting existing miners or other companies. So in 365 days you will make 43.71 BTC and deduct $1,314 for power (0.600kW*24H*365D*$0.25)

Price is 3-4 times too high so it's too big of a gamble. Feels like Avalon is cashing-out out of the game. Last final sale for all the marbles, grabbing with both hands. They pretty much dead very soon. Even if BFL will delay again for 2 month, Avalon doesn't have much better track record of delivering in volume. Where are 1st batch 300 and 2nd 600, I ask you?
And we are only 2 weeks away from their announced delivery.

Plus no warranty or guaranteed support. Sounds like they don't have faith in their ability to fix it, (or make it)

And he was quoted: https://bitcointalk.org/index.php?topic=155345.msg1666637#msg1666637

Also:

This is ridiculous, normal forums have section names something like "Forum Rules" that is accessible from main forum page where there usually explanation of newbie limits. I had to go to another forum and ask them why I can't find a new post button.

Try reading things before agreeing to them...

https://i.imgur.com/IImy71P.png

BFL sockpuppet trying to draw attention away from Avalon who has held 90% of the top posts the past couple weeks?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: meowmeowbrowncow on March 27, 2013, 01:54:16 AM



Good find.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: YipYip on March 27, 2013, 02:08:00 AM
I'm done!: http://www.yasni.com/ext.php?url=http%3A%2F%2Fwww.prosperreport.com%2Farchive%2Fforums%2F9%2F5%2F9533.0.HTM&name=Max+Avroutski&cat=statement&showads=1

Quote
I am also a member of the Hi_Max group. Didn't know when I joined :angry: . Nevertheless, I poked around a bit this morning and found the following info about the elusive Hi_Max.

Full Name: Max Avroutski (His full name was on his Prosper profile, but has since been removed)

Address: P.O. Box 140156, Brooklyn NY 11214

Phone: 718-560-3082

Company: 1Terabit, Inc., www.terabit.net

Another company also showed up: Algora Publishing, Tel 212-344-4443, Fax 212-344-3940, 11 Broadway, 4th Floor, NY,NY 10004, http.algora.com.

FYI

http://myworld.ebay.com/avrutsky/

http://members.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=avrutsky

Ah another scammer finds bitcoin  and instantly


..."hmm un-reversable transactioins" I am in

ASIC's ASIC's..come and get your Overcloked ASIC's

:(

Please Litecoin dont become valueable ...!!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 04:29:00 AM
http://web.archive.org/web/20020118041340/http://www.worldcoinsonline.com/

Quote
Welcome to World Coins Online web-site! First of all, let me introduce myself. My name is Ilya Avrutskiy, I have been collecting, buying and selling world coins for almost 25 years. I specialize in U.S. Saint Gaudens gold $20 dollars and German States gold coins. But most of all I like coins from Russia (gold, silver and copper). You will find a wide selection of U.S., German and Russian coins graded by a third party grading service (NGC or PCGS) on the web site.

I've yet to check, but I wonder if any users here have, or still are selling, Russian coins on this forum.

Guessing his age: 25 + 18 + 11 = 54.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: seljo on March 27, 2013, 09:37:22 AM
Anyone can think of what can you do with Linkedin profile?  ???


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Gyrsur on March 27, 2013, 09:48:05 AM
http://web.archive.org/web/20090107091203/http://www.terabit.net/


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Jaw3bmasters on March 27, 2013, 10:22:58 AM

Can someone summarize this thread?

I got lost in all the noise.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: dogie on March 27, 2013, 10:26:08 AM

Can someone summarize this thread?

I got lost in all the noise.

He has a very shady past, and somehow managed to change his name without any trace to Galaxy ASIC.

Its a scam, a fake and a bad one at that.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: jayeeyee on March 27, 2013, 10:28:07 AM
I love BCT's combined level of detective work.  Once again, In a matter of days, I am amazed at all the work put forth to uncover the dude's background info.  I don't think even law enforcement officials or criminal psychologist could work this fast.

And @ Entropy-uc:  you might be onto something there. >;]


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: crazyearner on March 27, 2013, 10:39:29 AM
I love BCT's combined level of detective work.  Once again, In a matter of days, I am amazed at all the work put forth to uncover the dude's background info.  I don't think even law enforcement officials or criminal psychologist could work this fast.

And @ Entropy-uc:  you might be onto something there. >;]

The power of BTC sure is a power not to be F$%^ed with lol


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: jubalix on March 27, 2013, 10:45:32 AM
hahah

after reading the whole thread anyone with a self description like
Usability, Marketing & Business Analysis >Genius<

is a moron and not to be trusted

when I first heard the Avalons had been made this is what made me sit up and go this is for real

the intensive investment to fab a chip is huge...the fact some one did this...means serious things about BTC


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kelpy on March 27, 2013, 10:51:15 AM
Interested.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kernelpanic on March 27, 2013, 05:16:55 PM
First the good news.  Some basic Googling seems to indicate that Max Avroutski is a real person that has some experience in various facets of IT.  This is a step ahead of most ASIC scams where all attempts to research the company turn up nothing before three days ago.  His LinkedIn page does not inspire much confidence though, for example:

"knowledge in business processes and business practices, law, material science, psychology, neuroscience, medicine, manufacturing processes, computer science and more;"

Best case scenario is that this is a very early stage venture that will likely encounter the same issues that the other legitimate attempts did.  Chances of success are slim and none, and Slim is warming up his car to head out of town.

Please do not attempt to preorder anything!!!

Sorry this means nothing, I know at least one guy on linkedin who appears to be highly professional and with his own company with a million $ turn over.
To read his LI profile you would think he personally invented oxygen, time travel, languages and ALL good Ideas.
 Unfortunately I know the guy and his LI profile is just an bloated extension of his imagination.
So I'm sorry but a self mastabatory LI profile is not going to cut it with me. (show me the patents......)


I think you misunderstood my post.

In summary what I meant is that his LinkedIn profile is humorous at best, but there is some confirmation of his LinkedIn job history available via Google search.  IE, he may actually be who he says he is, which seems to be a possibly delusional dreamer with big ideas that are likely beyond his reach.

I think it's 50/50 that this guy is in the very early stages of trying to launch an ASIC (the other 50 being that it's a simple scam)
I think it's 99999/1 that he fails.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Anvi on March 27, 2013, 05:35:18 PM
I hope this company has funding needed to develop the ASICs and won't take pre-orders 6 to 9 months early.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 27, 2013, 06:40:50 PM

Can someone summarize this thread?

I got lost in all the noise.

A Russian dude is trying to pass himself off as another Russian dude, but couldn't get pass the smell test conducted by a Lithuanian while eating Limburger Cheese.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: shibaji on March 27, 2013, 07:58:45 PM
I wonder why is mumu not defending himself/herself here ?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: neotrix on March 27, 2013, 08:06:19 PM
I wonder why is mumu not defending himself/herself here ?

Cause he got caught by our forums sherlock holmes...additionnaly it seem some with big right on forum was helping him ( changing his username...) so don't hope to have more infos from him now... That will just go in a whole forever...


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: ChipGeek on March 28, 2013, 12:48:05 AM
In summary what I meant is that his LinkedIn profile is humorous at best, but there is some confirmation of his LinkedIn job history available via Google search.  IE, he may actually be who he says he is, which seems to be a possibly delusional dreamer with big ideas that are likely beyond his reach.

I think it's 50/50 that this guy is in the very early stages of trying to launch an ASIC (the other 50 being that it's a simple scam)
I think it's 99999/1 that he fails.

I would concur with this.  The only way it will work is if the guy is able to pull together over $2M in funding and a team of at least 3 or 4 very good chip designers.  (Could maybe be done with 2 very experienced people, but would probably require a team of 6 or more.)  The mask set itself will be in the $1M+ range for 20nm. 

This ignores the fact that 20nm is apparently not available until after his "delivery date".  If I cared, I could check with our fab people on TSMC's real schedule.  But I don't care.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 06:29:09 AM
http://web.archive.org/web/20020118041340/http://www.worldcoinsonline.com/

Quote
Welcome to World Coins Online web-site! First of all, let me introduce myself. My name is Ilya Avrutskiy, I have been collecting, buying and selling world coins for almost 25 years. I specialize in U.S. Saint Gaudens gold $20 dollars and German States gold coins. But most of all I like coins from Russia (gold, silver and copper). You will find a wide selection of U.S., German and Russian coins graded by a third party grading service (NGC or PCGS) on the web site.

I've yet to check, but I wonder if any users here have, or still are selling, Russian coins on this forum.

Guessing his age: 25 + 18 + 11 = 54.

More math on Ilya/Max age: http://www.linkedin.com/in/MaxAvroutski

Quote
College of Telecommunications
Computer Science
1988 – 1991

Probably was born ~1970, making him ~43.

Yet, in 2001, he was buying and selling world coins for almost 25 years. 2001 - 24 = 1977, which would make him 7-8 years old, but no order than 10 when he starting trading coins worldwide--before the internet.

FYI: College of Telecommunications is located in Bulgaria.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: papamoi on March 28, 2013, 07:58:41 AM
hi phinnaeus

i m jumping to another subject

as you are collecting btc for humanitarian aid,can it be interesting to developp a H(umanitarian)coin on wich the fees or any other charges would go to humanitarian aid

what do you think of the idea?



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 28, 2013, 09:17:48 AM
Updated https://bitcointalk.org/index.php?topic=158044.msg1672838#msg1672838


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: jayeeyee on March 28, 2013, 10:54:33 AM
Updated https://bitcointalk.org/index.php?topic=158044.msg1672838#msg1672838

It doesn't matter what you updated.  Majority of Bitcoinians in here don't care much for "coming soon! the new asic device!" unless there's a fully working (prototype) unit and/or solid background information regarding the company/individual who is kickstarting the project.  Sure, it's nice to announce what's going on in your world but most, if not all, of us isn't going to to make the same mistake as we did with BFL, that's a lesson learned.

Even if you're under a NDA, I'm sure there's plenty of information you can provide to us... which at this time is nothing.  I know you said you're not even remotely thinking about taking pre-orders and I hope you stay true to that policy because it will definitely add to the trolls you're already receiving.

All in all.. time will tell.  But for now.. skepticism wins.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: MPOE-PR on March 28, 2013, 11:32:34 AM
We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.

BTW, I am not an electrical engineer so give me a break on that. I am CEO.


Scam.

Chip manufacturers don't enforce NDAs on you, you enforce NDAs on them. You are not "CEO", you're just some random noob who really should see here (https://bitcointalk.org/index.php?topic=124441.0).

Some douche working in "usability" is not qualified to run bleeding edge silicon burning and randomly linking to some social media profile does not lend credence. (Tho I must confess that profile is pretty hilarious).


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kernelpanic on March 28, 2013, 11:58:18 AM
2013-03-27 - Thank you everyone for your kind and unkind posts. They certainly will keep me on my toes. I will not be engaging trolls by defending me or people with similar names, there is no point. Thanks to everyone who PMed me, but please don't send PM's, I can't stand CAPTCHA so I can't reply to you all individually until I put a system in place, maybe next week, we all have plenty of time. I never had plans to take consumer pre-orders, I wouldn't want to be in BFL_Josh's shoes. I believe that he is trying to do the best job that he can under the circumstances. The only reason that there is a plan to sell 50% to consumers is to bring higher value to the product and reliability to Bitcoin.

2013-03-28 - Several investors demanding faster delivery than we originally planned or is possible due to technology, so while my first team will be working on 20nm ASIC, I will be hiring more engineers to work in parallel on our second chip that will come out first in about 3-5 month. I will not be publicly disclosing the technology or specks and it will only be available to investors since it doesn't threaten 51% attack.



And the scam is revealed...

We aren't like BFL taking pre-order money...  We are calling pre-orders "investments" and only those special people will get our super duper top secret product coming out soon.

Please people, think before you give this guy any of your BTC!  Actually, scratch that - don't worry about thinking, just don't give him your BTC (as an "investor" or as a pre-order) until there is proof of a functional product.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Jaw3bmasters on March 28, 2013, 12:05:16 PM
Updated https://bitcointalk.org/index.php?topic=158044.msg1672838#msg1672838

Oh, well then. I also updated your status here. (https://bitcointalk.org/index.php?topic=155011.msg1643326#msg1643326)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 28, 2013, 12:51:45 PM
P.S. We will not accept payments in BTC from consumers before there is a product.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: deadweasel on March 28, 2013, 12:57:55 PM
P.S. We will not accept payments in BTC from consumers before there is a product.

Well I feel WAAAAAAAAAY better about sending you my BTC.      Wait, no, I don't. 


You should wait to 'announce' until there IS a product.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kernelpanic on March 28, 2013, 02:03:52 PM
P.S. We will not accept payments in BTC from consumers before there is a product.

Please clarify:

Are you accepting payments in dollars from consumers before there is a product?

Are you accepting payments in BTC and/or dollars from investors before there is a product?

Since you're only selling the secret ASIC to investors, does that mean investors are actually consumers?

And does that also mean investments are actually pre-orders?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 05:06:04 PM
P.S. We will not accept payments in BTC from consumers before there is a product.

Please clarify:

Are you accepting payments in dollars from consumers before there is a product?

Are you accepting payments in BTC and/or dollars from investors before there is a product?

Since you only selling the secret ASIC to investors, does that mean investors are actually consumers?

And does that also mean investments are actually pre-orders?


http://ak6.picdn.net/shutterstock/videos/351602/preview/stock-footage-goat-looking-behind-a-barn-door.jpg

My partner, obfuscated above (I'll refer to him as Wilson Wilson), have secretly been developing ASIC-based Bitcoin encryption devices for over two years. The product is now ready for ordering.

Unlike the other manufacturers, we didn't do the pre-order game, opting to only take bitcoins from bitcoiners via ordering only. Once ordered, you're more than welcome to come to our barn and pick up your equipment, but please PM us first, but not via a PM service that has captchas, for WW and I can't stand them.

The ASICs are based on 32nm chips for awesome speed. You will be amazed as to how cool the package looks.

The machines run so cool, there are no fans. In fact, we were going to market it as doubling as an ice cream maker, but thought that wasn't wise, so we went with only the beer chiller marketing approach.

Free shipping and lifetime guarantee is also included.

For proof as to who I am, I will be constructing a LinkedIn account as soon I stop laughing my ass off.

One finally thing: I will not be engaging trolls by defending me or people with similar names, there is no point.

~TaraBit Farms~


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 05:11:19 PM
Seriously, all the similarly spelled names are linked and I can prove it. To date, I've uncovered five.

My next step is to make phone calls to see who is who, and if those I call on the other end have a clue as to what is going on.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kernelpanic on March 28, 2013, 06:03:43 PM
P.S. We will not accept payments in BTC from consumers before there is a product.

Please clarify:

Are you accepting payments in dollars from consumers before there is a product?

Are you accepting payments in BTC and/or dollars from investors before there is a product?

Since you only selling the secret ASIC to investors, does that mean investors are actually consumers?

And does that also mean investments are actually pre-orders?


http://ak6.picdn.net/shutterstock/videos/351602/preview/stock-footage-goat-looking-behind-a-barn-door.jpg

My partner, obfuscated above (I'll refer to him as Wilson Wilson), have secretly been developing ASIC-based Bitcoin encryption devices for over two years. The product is now ready for ordering.

Unlike the other manufacturers, we didn't do the pre-order game, opting to only take bitcoins from bitcoiners via ordering only. Once ordered, you're more than welcome to come to our barn and pick up your equipment, but please PM us first, but not via a PM service that has captchas, for WW and I can't stand them.


SCAM ALERT!!!  

~TaraBit Farms~ is a scam

I have been researching the identity of one Wilson Wilson, listed as cofounder of this organization.  Although I currently lack conclusive proof, I have reason to believe he is unwilling to take a Captcha test to prove that he's human because he is not a human.  I have the Bitcoin police hunting around WW's pen and as soon as they can capture a dung sample, we'll rush it off for DNA analysis.

Now granted, I will agree with the ASIC pre-order/investor crowd here and admit up front that I can't prove you must be human to operate an ASIC manufacturing operation, but still, it's something to consider when deciding how many TaraBit Farms ASIC Bitcoin Milking Machines to pre-order/invest in.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 28, 2013, 06:39:28 PM
@Phinnaeus Gage
That was funny. Thanks.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Cablez on March 28, 2013, 06:58:53 PM
http://ak6.picdn.net/shutterstock/videos/351602/preview/stock-footage-goat-looking-behind-a-barn-door.jpg  =  http://blog.hawkhost.com/wp-content/uploads/2011/10/wilson.jpg  !!!!!!!!!!!

Wilson = Wilson           Uh-Oh could be a scam. :P :-*


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 09:20:06 PM
This is the Wilson Wilson that my goat pic was in reference to, though I'm aware of the volley ball Wilson referenced with Tom Hanks.

https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcRE-NsoBFTVqSoopcmyTGeKwBJR4wJ4DGCkS0bKInqvRzbyouSXxA

@Phinnaeus Gage
That was funny. Thanks.

You're not goin' to make this easy, are you? BTW, excellent reply.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 11:22:05 PM
I guess this terabit company is not what it's set out to be: https://groups.google.com/forum/?fromgroups=#!topic/comp.dcom.xdsl/h0ZcysWBMRA

Quote
superf...@my-deja.com    
9/12/99


In article <7r60tr$kmo$1...@nnrp1.deja.com>,

  jm...@my-deja.com wrote:
> In article <rt5hm2...@corp.supernews.com>,
>   justin <justin-at-NOSPAMmail.com> wrote:
> > I immediately distrust the boardwatch list if they put 1terabit.net
> there.
> > Buying "contracts" does not qualify you as a tier 1 backbone,
> > last time I showed up there they had about 4 employees.
> > If thats the kind of checking boardwatch does for such a key page,
> > how accurate is the rest of it?
> > -Justin
>
How do they have 4 employees? Are you sure? Maybe you
saw 1 food delivery people, one tech from Bell Atlantic
doing some work, and one worker.

> It's far worse than you think. Boardwatch bases the information on
that
> page from what the companies tell them they have. This means that in
> many of the cases, the information is old because Boardwatch simply
> hasn't gotten the latest marketing tripe.
>
> In the case of 1Terabit.net, let me identify a few pointers:
>
> (1) 'Founder' and 'Senior Network Engineer' Mr. Max Avroutski is
> perhaps the only employee at Terabit to stay more than a few months.
>
Of course, he's the "Founder." He is the senior engineer because
he's the only guy there.

> (2) 1Terabit doesn't have a nationwide backbone. They have a
connection
> to globalcenter.net aka Frontier aka Global Crossing, which does have
a
> nationwide network.
>
All he is, is a one man shop ISP.

> (3) Their claim that they're registered as a CLEC and local phone
> service provider in many states is an outright lie. Simply fact: they
> claim to be a CLEC in New York State. Visit the New York State PSC at
> http://www.dps.state.ny.us/tele.html for a list of the REAL CLECs and
> resellers in New York State. Guess who isn't listed!
>
> (4) They list tons of cities they have facilities in. Try doing a
> search on their name in any of those cities. Guess who isn't in the
> phone book.
>
> (5) Their 'secret' number for their NOC is, I believe, a cell-phone
> that Max carries around. If you go down in the middle of the night,
> guess who you get to call -- a modern facility with technicians
working
> to keep the network up, monitoring conditions and notifying the LEC if
> things go down, or some guy asleep at home who won't fix it until the
> next day (if even then).
They don't have anything. I knew this guy who went there.
He waited outside forever. No one bothers to get the door.
Then he peaked the "NOC." It was just a room with some
PC's! It was a mess. Cables and garbage strewn all over.
No one could help him. Max wouldn't even talk to him.

>
> Finally, simply put, they're not a backbone carrier because they don't
> have a backbone. No interconnection agreements or routers at any of
the
> MAE sites, and none at the NAP sites I could get lists of routers at.
>
Of course. Usually, you'll have T1's or T3's going to MAE or
something.

> If Terabit could lie, who else might be on that list based on
imaginary
> information?
>
> Sent via Deja.com http://www.deja.com/
> Share what you know. Learn what you don't.
>


Sent via Deja.com http://www.deja.com/
Share what you know. Learn what you don't.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 11:42:09 PM
https://groups.google.com/forum/?fromgroups=#!topic/comp.dcom.xdsl/cPq7SCQrYSo

Quote
Never_Again    
8/27/99


all of the above is absolutely correct.
besides, they freely admit they have no idea about anything. they never give
you an installation date. when you ask them 'When will BA come to do the
wiring', they have no idea. "Why does Covad take so long to process the
order?' -- no clue. they should change their name to 'Noidea.net'
--
Never_Again
ĢDoom shall never die, only the playersģ
:
superf...@my-deja.com wrote in message <7q79k0$c4m$1...@nnrp1.deja.com>...
:In article <7pet39$ajc$1...@nnrp1.deja.com>,


:  jm...@my-deja.com wrote:
:> Looking for xDSL service in the NYC area? Don't look at 1terabit.net
:> (www.terabit.net).
:
:Yeah. I agree. LOL. They claim they have a Tier 1 backbone.
:It's totally fictitious. Their website looks like it was
:made by a total amateur, and not by a real web designer.
:It looks awful. How the hell are they going to spend
:all that money when they're a one man mom and pop
:operation? Tier 1 backbone?
:
:They can't even get a good web designer. How the hell
:do they have money to get a Tier 1 backbone? I've never
:heard of them before. They are fake.
:
:What a joke. Max, the
:so called network engineer who's the owner of the dump
:is a weirdo. He posted here awhile back. Check the
:archives and you can see him threatening people.
:I talked to his stupid sales pitch. He talked about
:a subscription ratio of like 250! So you're paying
:all this money for shared bandwidth. I bet all he has
:is one lousy T1 from Bell Atlantic.
:
:He has one other guy working for him. Clueless
:idiot.
:
:>Since April, they've consistantly failed to deliver

:> any service to me. Now, four months later, when I've demanded they
:> cancel my service, it's taking a legal action to get them to cancel my
:> way-overdue order. Who knows if I'll ever see the $600++ dollars they
:> demanded up front again. I'm working with the Attorney General's
:office
:> in New York to try to get my money back, and maybe get them to behave
:a
:> bit more legally in the future. All I can say is, if you're looking
:for
:> service in New York, look somewhere else.
:>
:
:I've heard horror stories about terabit.
:
:> here's a short list of complaints:

:> * inaccurate information about order status
:> * they retroactively change price structures and fees, even after a
:> contract is signed
:> * no guarantees of any kind whatsoever.
:> * contract termination requires a FULL CONTRACT BUYOUT (i.e., they
:give
:> you no service, and you still have to pay them)
:> * they assign ip addresses from a netblock they don't own
:> * their claims about their network are largely imaginary
:>
:> and, finally,
:>
:> * while their sales and most service people are nice, if you ever have
:>
:
:They have ONE guy! I always talk to this one guy. He sounds
:nice but he's clueless. He doesn't even understand what
:an IP address is.
:
:>a problem, you have to deal with Max, who refuses to take no for an

:> answer. He's gruff, he's rude, and he tells you exactly what to do.
:> He'll never budge an inch, and he's never heard of customer service.
:>
:
:That's why any potential customer has to pick wisely.
:If the guy gives you an attitude, then forget about them.
:The customer is king.
:
:> Avoid these folks, unlike me, and you'll live a far happier life.
:>
:
:Thanks. Luckily, I just called them a few times and didn't
:go with them.
:
:> Sent via Deja.com http://www.deja.com/

:> Share what you know. Learn what you don't.
:>
:
:
:Sent via Deja.com http://www.deja.com/

:Share what you know. Learn what you don't.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 28, 2013, 11:52:49 PM
You'll love the Mad Max quote: https://groups.google.com/forum/?fromgroups=#!topic/comp.dcom.xdsl/1NyrttJ0h34

Quote
jm...@my-deja.com    
12/20/99


Don't get mad -- get legal. Contact the New York State Attorney
General's Office (120 Broadway, New York, NY 10004) -- Internet Bureau.
Tell them you want to file a complaint on 1terabit inc. They've already
got a pile of documentation from me an inch thick. I encourage anyone
and everyone who got the shaft from Mad Max to complain. It creates an
official government record, and it'll do a lot more than complaining to
the BBB (which I'd also do), since Terabit is -- here's a shocker --
not Better Business Bureau member.
If you've lost money, you also might consider a small claims court
suit, but I decided it wasn't worth my time to chase a few hundred
dollars that, undoubtedly, would be uncollectable from those thieves.
Then again, if I had a judgement that was uncollectable, maybe I could
get the police to sieze and auction their internet hardware to pay my
judgement. What am I bid for a Cisco 2500 router, previously configured
by 'Senior Network Engineer' Max? :)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 29, 2013, 12:14:00 AM
http://www.dslreports.com/shownews/361

Quote
All-time stinker ISP sells its DSL client base
by nickb Sunday 27-Aug-2000

Long time DSLreports patrons may remember the trails and tribulations of the unfortunate customers of a New York City ISP known as 1Terabit.net. In its heyday 1Terabit jousted here weekly with the "old" Flashcom to wear the crown of "worst/most hated DSL ISP". Headed by a shadowy figure known only as "Max" 1Terabit trumpeted its Tier 1 ISP network and managed to snag quite a few early DSL adopters. Those unlucky folks endured all manner of abuse, from extremely rude customer service to draconian throttling of bandwidth. 1Terabit eventually stopped signing up new customers altogether and faded from the DSL scene. Although, bizarrely, they continued to be listed as a Northpoint partner, until quite recently. A Friday press-release announces that DSLreports darlings Megapath have acquired their remaining DSL customer base, as reported here.

Okay, Max, start building your ASICs now. But if you changed your mind, try not to be rude to the investors when they start asking for their investments back.

BTW, how funny are my last four posts? Are you still laughing?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: shibaji on March 29, 2013, 12:23:24 AM
mumu - don't be mum, please  ;) :D


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 29, 2013, 12:34:30 AM
mumu - don't be mum, please  ;) :D

I just realized he went by mumu when he started this thread, hence theymos allowing him to change his user name. That being the case, I no longer consider that action a concern, for it was warranted.

Yes, yet another ASIC announcement. :)

But this time I am a real person with the technology background and here is my LinkedIn profile:
http://www.linkedin.com/in/MaxAvroutski (http://www.linkedin.com/in/MaxAvroutski)

ASIC is due Fall/Winter 2013

What is the difference?

Our initial plan is to sell 50% and run other 50% for our investors.
Units that we will sell will be 4U rack mountable and modular, but you can easily turn them 90 degrees and it will stand like a mid-size tower computer. Modularity will allow customers to buy base unit for a lower price and then upgrade processing power as needed by buying additional modules.

We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.

BTW, I am not an electrical engineer so give me a brake on that. I am CEO.

Details so far:
20nm process
It will use about 0.25W per GH
Peak processing power of each module 500GH.
18 boards per 4U server.
Fully loaded 4U system will peak at 9,000GH and will require 30Amp 120V circuit or it can use 240V, but you can start with 15A circuit if it's only half loaded.

Price: TBD (To Be Determent) - we will try to make it affordable.

Why announce now ?
So that potential customers would know that they will have options.



1 simple question:  What foundry has a 20 nm process on their roadmap?  When will they start shipping?

Given that Intel is 2 years ahead of the industry and they just started shipping 22nm product, I think you are living in Strawberry Shortcake land.

Quote
Updates:
(The reason I post updates here is because my investors do read this forum, but I would like to worn them that if you identify yourself be prepared to be trolled to tears.)

The reason I post updates here is to warn investors who are considering to fund your pipe-dream. My only regret is not getting here soon enough, for all current investors are probably not getting a refund.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on March 29, 2013, 03:37:59 AM
Most of what you posted is troll BS from 15 years ago and some partially justifiable unhappy customers directing their frustration of long DSL installs to ISPs like my company was while culprit was Bell Atlantic (now Verizon).

DSL was new and cutting edge tech at the time and Bell didn't cooperated because government ordered it to share it's network with their competitors and they were loosing billions.

 Some customers were installed in 3 weeks some had to wait 6 month or more. Bell Atlantic totally screwed all the ISPs and both underlying DSL carriers Covad and Northpoint which had to go into bankruptcy because of it. But I got blame simply because I was first in NY to offer it via both DSL carriers so I had most early orders that ended up waiting the most while Bell was figuring out how to provide/not-provide that service. In contrast more expensive business grade T1 lines that I order for my customers Bell would install 99% on time in several weeks, which used similar DSL technology but Bell were getting much more money for them.

Here, I was quoted in the article about DSL published by ZDnet named "Trouble In DSL Paradise "
http://tech.groups.yahoo.com/group/cable/message/5135

I was in my early 20's when I started the company. Did I made mistakes? Sure, but I learned from them and don't make the same once.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 29, 2013, 05:40:35 AM
Please accept my humble apologies for dragging your good name(s) through the mud. Speaking of, do you still used the moniker David Melamud?

That asked, I'm just going to leave the following here: http://www.prosperreport.com/archive/forums/3/9/3972.2.HTM

Quote
I joined today and am educating myself on groups before I post a loan request. This is all very interesting, thank you.

As far as Max not getting back to you, here is some information you can find out for yourself if you think he is interesting and a wealthy dotcommer/ philanthropist:

Why doesn't he name the internet service he "sold most of yet remains Ceo"? Being CEO is a big position in a company, yet he has time to create a ONE PAGE website that he does name?

http://expertcollector.com/ which only has links to two other sites he "created" or provides the very rudimentary "eCommerce function"? Oh, and launching soon the next Ebay. LOL
www.WorldCoinsOnline.com and www.DavidCoins.com

Go to this page http://www.networksolutions.com/whois/index.jsp to find out where the owner of these sites listed as his address when the URLs where registered. They are all in Brooklyn NY, have no "contact us" on the sites which would make them appear to be more like real businesses.

Just my un-informed opinion, but I doubt he has the accomplishments he acclaims. Other than being Russian.

I do want to point out that the above information is all available publically on the internet. I didn't bother to "google" the names of the guys on the other two websites, but maybe you could learn more by doing so.

Phew, long first ever post. I hope you learn something, at least what you can learn from doing a whois search.

Thanks again, I'm going to learn as much as I can before joining a group.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 29, 2013, 06:43:10 AM
Your FB photo you've linked to doesn't look like your LinkedIn photo: http://www.facebook.com/max.avroutski

https://fbcdn-profile-a.akamaihd.net/hprofile-ak-prn1/c0.0.160.160/p160x160/27359_1525884201_7480_n.jpg http://m.c.lnkd.licdn.com/media/p/1/000/196/2b3/19201c4.jpg

And where did you dig up the image to represent David Melamud?

http://profile.ak.fbcdn.net/hprofile-ak-prn1/c0.23.180.180/s160x160/35594_1453484333389_1109785_a.jpg


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 29, 2013, 06:08:12 PM
What was available yesterday is no longer available today, but... http://webcache.googleusercontent.com/search?q=cache:oecVZ3RDXMAJ:www.meetup.com/members/8203076/+&cd=2&hl=en&ct=clnk&gl=us


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BBQKorv on March 29, 2013, 06:16:08 PM
This story starts to smell more than BFL at their current stage.

I hope the NDA will soon be over and some real creditable information can be annouched, if there is any of that sort.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Fiyasko on March 29, 2013, 06:28:17 PM
20nm.... Explain and elaborate on that, Otherwise this is a Blatent SCAM
Like wtf guys, Typos are Everywhere on thier webpage, they keep cleaning them up, But heres another one (although it's minor)

---
80 GH/s BitCoin Miner

Average Hash Rate: 80.000 MH/s
---
Thats from thier Specs page, they clearly contradict themselves by placing a DECIMAL instead of a COMMA
Typo!, I cant even take people seriously when thier website has multiple typos, So how are people taking this business scam seriously


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Kartoff on March 29, 2013, 08:13:17 PM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: NEO2012 on March 29, 2013, 08:39:48 PM
Yes, yet another ASIC announcement. :)

But this time I am a real person with the technology background and here is my LinkedIn profile:
http://www.linkedin.com/in/MaxAvroutski (http://www.linkedin.com/in/MaxAvroutski)

ASIC is due Fall/Winter 2013

What is the difference?

Our initial plan is to sell 50% and run other 50% for our investors.
Units that we will sell will be 4U rack mountable and modular, but you can easily turn them 90 degrees and it will stand like a mid-size tower computer. Modularity will allow customers to buy base unit for a lower price and then upgrade processing power as needed by buying additional modules.

We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.

BTW, I am not an electrical engineer so give me a break on that. I am CEO.

Details so far:
20nm process
It will use about 0.25W per GH
Peak processing power of each module 500GH.
18 boards per 4U server.
Fully loaded 4U system will peak at 9,000GH and will require 30Amp 120V circuit or it can use 240V, but you can start with 15A circuit if it's only half loaded.

Price: TBD (To Be Determined) - we will try to make it affordable.

Why announce now ?
So that potential customers would know that they will have options.

===========

P.S. The posts you about to read in this thread from some forum members are outright vicious and disrespectful, so be prepared. It's a free speech on the internet after all.

Updates:
(The reason I post updates here is because my investors do read this forum, but I would like to worn them that if you identify yourself be prepared to be trolled to tears.)

2013-03-27 - Thank you everyone for your kind and unkind posts. They certainly will keep me on my toes. I will not be engaging trolls by defending me or people with similar names, there is no point. Thanks to everyone who PMed me, but please don't send PM's, I can't stand CAPTCHA so I can't reply to you all individually until I put a system in place, maybe next week, we all have plenty of time. I never had plans to take consumer pre-orders, I wouldn't want to be in BFL_Josh's shoes. I believe that he is trying to do the best job that he can under the circumstances. The only reason that there is a plan to sell 50% to consumers is to bring higher value to the product and reliability to Bitcoin.

2013-03-28 - Several investors demanding faster delivery than we originally planned or is possible due to technology, so while my first team will be working on 20nm ASIC, I will be hiring more engineers to work in parallel on our second chip that will come out first in about 3-5 month. I will not be publicly disclosing the technology or specks because it will only be available to investors since it doesn't threaten 51% attack and because I don't want anyone copying us. Investors will have more, but not all info under NDA.

P.S. We will not accept payments in BTC from consumers before there is a product.


this must be josh bfl inaba firm

after learning how the whole bfl scam works even after a year

he starts his own scam with 1 nm tech

way to go


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BBQKorv on March 29, 2013, 09:08:08 PM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

If you post your full contact information, personal name, company your representing, and your previous expertise recarding ASIC development I don't see why you would be categorised as a scammer. Be open about the project and make sure to post plenty of images and videos once you actually do something on the product, even if it's only early prototype testing, all solid info counts.

If you have a company make it possible to visit you and see the development or testing process first hand.

For some funny reason these scammer tagged people fail to provide the needed information to make them credible. For example this Galaxy guy could prove himself immediately by providing info about the foundry which is going to make those chips with 20nm process. After the foundry has confirmed that they do have an order of 10k bitcoin chips from this guy there would be no question about that.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: NEO2012 on March 29, 2013, 09:14:38 PM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

If you post your full contact information, personal name, company your representing, and your previous expertise recarding ASIC development I don't see why you would be categorised as a scammer. Be open about the project and make sure to post plenty of images and videos once you actually do something on the product, even if it's only early prototype testing, all solid info counts.

If you have a company make it possible to visit you and see the development or testing process first hand.

For some funny reason these scammer tagged people fail to provide the needed information to make them credible. For example this Galaxy guy could prove himself immediately by providing info about the foundry which is going to make those chips with 20nm process. After the foundry has confirmed that they do have an order of 10k bitcoin chips from this guy there would be no question about that.

dude u just gave him the whole list what is it a scammer is to avoid by all posible means  like josh_bfl dose
so slimy style  u wanna make u hate his guts

i mean liek oscar nomination the week of april1 aka april 8 but since april 1 its a joke in itself it means sometimes in may if evrithing goes perfectly from now on

yeah and this 1nm guy is super scam must be josh 1o yeard old kid or some for sure


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 30, 2013, 12:00:45 AM
Fresh on the Bitcoin scene, with a recent track record of selling world coins via three eBay accounts under different names, and has gone by no less than six different names that I'm aware of. I did find five more on Facebook, but the proof isn't definitive with the exception of Google images linking one of his profiles using variants of Max.

For all practical purposes, his eBay accounts are spotless, and his coin businesses are viable, albeit why not just one? This fact alone does not qualify Max to oversee the building of ASIC-based Bitcoin mining rigs.

There have been complaints in the past pertaining to his other enterprises, thus should be considered when dealing with him. Of all the names he's used in the past, and currently, it's hard to figure out exactly who we're dealing with here. An investor(s) can easily make the mistake and past bitcoins to an entity that could easily disappear in plain site.

~Bruno K~


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 30, 2013, 05:18:05 AM
Quote
(The reason I post updates here is because my investors do read this forum, but I would like to worn them that if you identify yourself be prepared to be trolled to tears.)

Am I reading this correctly, or am I warned out and need to go to bed? Are the investors being threatened to remain silent about their identity? Did I miss the memo as to how a CEO should conduct themselves, especially one that's about to introduce a magnificent product to help secure Bitcoin?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Entropy-uc on March 30, 2013, 06:42:46 AM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

Well, if you showed up with a stack of resumes from your organization that establishes a history of delivering ASIC designs, firmware implementations, board and system level hardware, and sales and marketing, I'd say very interesting.

If you show up promising technology that no one but $1B/year companies will be able to purchase until at least 2015, I will call you a scammer.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Nemesis on March 30, 2013, 07:13:47 AM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

The intention is clearly enough to be called scammer.

Yes only newbies like you who havent done any research would think thats is just a simple announcement.




Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 30, 2013, 05:10:17 PM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

The intention is clearly enough to be called scammer.

Yes only newbies like you who havent done any research would think thats is just a simple announcement.


It's a complex announcement at that.

Quote
Yes, yet another ASIC announcement.

But this time I am a real person with the technology background and here is my LinkedIn profile:
http://www.linkedin.com/in/MaxAvroutski

ASIC is due Fall/Winter 2013

What is the difference?

Our initial plan is to sell 50% and run other 50% for our investors.

The dude has a technology background proven by his self-penned LinkedIn page of which I've shown was recently altered considerably.

Not only is ASIC due Fall/Winter 2013, they were manufactured before the advent of Bitcoin.

Quote
Our initial plan is to sell 50% and run other 50% for our investors.

The above quote is the genius part were no consumers get taken--only the investors, of which have been threatened.

In essence, the sentence could be rewritten: Or plan is to not sell 50%, but run off with our investor's other 50%.

Full Disclosures: Everything I have penned against Maxxy boy in this thread is truly not my position, for I am only relaying the words by some other entity of which I have signed an NDA to not disclose his/her name.

~Bruno K~


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Fiyasko on March 30, 2013, 05:45:56 PM
http://twilight.ponychan.net/chan/files/src/134023825892.jpg


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: witherworth on March 30, 2013, 11:57:06 PM

+1


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BBQKorv on March 31, 2013, 09:08:06 AM
Oh noes, it's sinking

https://i.imgur.com/xnTqdEC.png


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: BBQKorv on March 31, 2013, 02:38:51 PM
Oh noes, it's sinking

https://i.imgur.com/xnTqdEC.png

Your signature is incorrect.  BFL (Josh) has posted a video of a prototype hashing.

Thanks for your concern about my signatures truthfulness. I hope there would be similar concern about BFLs ad campaign (order = preorder, hashrate and powerdraw is something else than advertized, delivery in 4-6 weeks, yeah)

I would like to point out that if you base your argument on this video: https://www.youtube.com/watch?v=4C4bgho5JSI you must understand that even they said it's just a test workload and it's not doing any real hashing towards creating a block.

But if you base your argument on this paste:
Code:
bfgminer version 2.99.2 - Started: [2013-03-30 23:37:17] - [  0 days 00:01:57
------------------------------------------------------------------------------
 5s:17.85 avg:16.58 u:14.26 Gh/s | A:342 R:0 S:0 HW:0 U:179.6/m
 ST: 2  DW: 10  GW: 3  LW: 494  GF: 0  NB: 1  AS: 0  RF: 0  E: 2.08
 Connected to 192.168.1.1 diff 8 with stratum as user test
 Block: ...ee2e8a72 #3123  Diff:153  Started: [23:37:17]  Best share: 528
------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BFL 0:  45.0C         | 17.83/17.52/14.58Gh/s | A:343 R:0 HW:0 U:180.16/m
------------------------------------------------------------------------------

 [2013-03-30 23:38:52] Stratum from pool 0 requested work update
 [2013-03-30 23:38:52] Accepted 0ecf365f BFL 0  Diff 17/1
 [2013-03-30 23:38:53] Accepted a91d942c BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 15d55ee2 BFL 0  Diff 11/1
 [2013-03-30 23:38:53] Accepted be2972c6 BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 9e87d2fd BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 7f854200 BFL 0  Diff 2/1
 [2013-03-30 23:38:54] Accepted 03c5d641 BFL 0  Diff 67/8
 [2013-03-30 23:39:08] Accepted 040aab96 BFL 0  Diff 63/8
 [2013-03-30 23:39:09] Accepted 14997fe3 BFL 0  Diff 12/8
 [2013-03-30 23:39:10] Accepted 123ded4b BFL 0  Diff 14/8
 [2013-03-30 23:39:11] Accepted 0453e37f BFL 0  Diff 59/8
 [2013-03-30 23:39:14] Accepted 06bd2321 BFL 0  Diff 37/8

You have to understand that it is quite easy to make one up out of thin air. Just like this one:
Code:
bfgminer version 2.99.2 - Started: [2013-03-30 23:37:17] - [  0 days 00:01:57
------------------------------------------------------------------------------
 5s:170.85 avg:160.58 u:140.26 Gh/s | A:3420 R:0 S:0 HW:0 U:1790.6/m
 ST: 2  DW: 10  GW: 3  LW: 494  GF: 0  NB: 1  AS: 0  RF: 0  E: 2.08
 Connected to mine.bitminter:8338 diff 9M with stratum as user BBQKorvASIC
 Block: ...ee2e8a72 #3123  Diff:153  Started: [23:37:17]  Best share: 528
------------------------------------------------------------------------------
 [P]ool management [S]ettings [D]isplay options [Q]uit
 BBQKorvASIC 0:  65.0C         | 170.83/170.52/140.58Gh/s | A:3430 R:0 HW:0 U:1800.16/m
------------------------------------------------------------------------------

 [2013-03-30 23:38:52] Stratum from pool 0 requested work update
 [2013-03-30 23:38:52] Accepted 0ecf365f BFL 0  Diff 17/1
 [2013-03-30 23:38:53] Accepted a91d942c BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 15d55ee2 BFL 0  Diff 11/1
 [2013-03-30 23:38:53] Accepted be2972c6 BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 9e87d2fd BFL 0  Diff 1/1
 [2013-03-30 23:38:53] Accepted 7f854200 BFL 0  Diff 2/1
 [2013-03-30 23:38:54] Accepted 03c5d641 BFL 0  Diff 67/8
 [2013-03-30 23:39:08] Accepted 040aab96 BFL 0  Diff 63/8
 [2013-03-30 23:39:09] Accepted 14997fe3 BFL 0  Diff 12/8
 [2013-03-30 23:39:10] Accepted 123ded4b BFL 0  Diff 14/8
 [2013-03-30 23:39:11] Accepted 0453e37f BFL 0  Diff 59/8
 [2013-03-30 23:39:14] Accepted 06bd2321 BFL 0  Diff 37/8

Damn, my device is already 10x faster than BFLs competing product. And I only used 2 minutes to developt my ASIC!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Felipeo on March 31, 2013, 02:54:12 PM
Very well that there are people who stretch the truth to the surface and volunteer their time to resolve any doubts about another scammer, so that he had nothing more to say :)

Phinnaeus Gage thank you, nice to read such a well-conducted e-investigation :)

Respect!



GalaxyASIC: http://www.youtube.com/watch?v=-eT19flOFKk (http://www.youtube.com/watch?v=-eT19flOFKk)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 31, 2013, 04:54:49 PM
http://www.prosperreport.com/archive/forums/3/9/3972.0.HTM

Quote
Well instead of wondering, why not email Max, the group leader and ask him directly?

I hope this isn't the beginning of another "bash the growing group" syndrone!

Here is his Prosper profile. He sounds like a very interesting guy!

"My name is Max, I am CEO/CTO of an Internet Service Provider that I started back in 1996 when I was just 22 years old. I learned a lot about ?American way? and people in general while running my company. I sold large part of the company few years back, but I still have some of the company's assets.

I have a business and philanthropic side, I always think about: Is what I am doing, is it good for humanity at large or what can I do to help people.

I consider myself a New Yorker, since I living here in NY since I was 18 years old.

Nowadays, besides running a Prosper group, I spend most of my time on my new business www.ExpertCollector.com where I provide e-commerce platform for collectors of coins, stamps and other collectibles. Our system runs their on-line stores and is very easy to manage.

Soon we will be releasing a new version of our system that will combine power of the likes of eBay and Froogle in one system and will provide unified marketing and advertising of our customers? collectibles.

Were I am coming from:
My father was a big inventor in Russia. He received ?The Best Inventor of USSR? award and also Bronze medal on All Russian Technological Exhibition. In 1987 I was 14 and got introduced to computers and programming. When I was 18, about a month after finishing my education in Microelectronics and Computer Science in Russia I moved to United States.

I am optimistic in all things I do, and I also hope that one day one of MY inventions will make me my first Billion! "

Since he evidently has a customer base with his well established businesses I would guess he is acquiring group members from that resource.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Phinnaeus Gage on March 31, 2013, 05:13:15 PM
For a truly interesting read: http://prosperreport.com/threads/5/5/5555.0.HTM

Quote
   
Henceforth, anyone who says anything bad about me or my group will suffer a mandatory expulsion from the internet.

Here are the rules. They are brief, and I expect every Prosper participant to peruse and memorize them posthaste:

The whole thread is good.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: NEO2012 on April 01, 2013, 01:35:49 PM
For a truly interesting read: http://prosperreport.com/threads/5/5/5555.0.HTM

Quote
   
Henceforth, anyone who says anything bad about me or my group will suffer a mandatory expulsion from the internet.

Here are the rules. They are brief, and I expect every Prosper participant to peruse and memorize them posthaste:

The whole thread is good.

soo u saying the duche on steroids? like his linked in profile indeed proves his a duche on sterroids?


with  bad scamm going on?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Bicknellski on April 01, 2013, 01:54:13 PM
There is something i didn't understand in this thread... Why everybody talks about scam ? What is scammy here ? I don't saw author to force someone to give him his money or something... He said when hardware is ready you can pay and get it so lets just wait some time and see... I think scam is when you pay someone and get nothing...

I also had thoughts about developing ASIC, but still cannot get enough funds to start... So if i have posted thread as an announce i will become scammer ?!?!? I think i didn't get it...

Well, if you showed up with a stack of resumes from your organization that establishes a history of delivering ASIC designs, firmware implementations, board and system level hardware, and sales and marketing, I'd say very interesting.

If you show up promising technology that no one but $1B/year companies will be able to purchase until at least 2015, I will call you a scammer.

Did BFL?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: jml on April 15, 2013, 09:02:26 PM
@Entropy-uc
I didn't say that their PR or road map is under NDA, it's public info, I said that my agreement with them is under NDA and time haven't come till they permitted us to do the public announcement.

I dont give a flying shiet.

Dont ask for preorders. Take orders when you're ready to ship and have been done demo your products to public prior.

Otherwise, get the fuck off .


I second that!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Epicblood on April 15, 2013, 10:21:22 PM
So you're saying that you signed an NDA with a company selling 20nm chips?
I call bullshit.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: alexuk on April 15, 2013, 10:41:43 PM
Awesome homework done here, looks like a scam to be sure!


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: pizza on April 16, 2013, 12:59:26 AM
I already knew this was a scam when I saw a Russian name.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: mokahless on May 19, 2013, 01:02:49 AM
This 20nm process bothers me very much. How can there be a company holding such a technology and not having any public presentations about it, they would have so many big customers if they would just announce the technology instead of trying to hide it until some <500k bitcoin ASICs are produced. Doesn't really sound like that foundry's best interest.
nobody is hiding anything. Google "20nm" and there seem to be many results. Nvidia dismissing 20nm as a useless stop-gap, samsung manufacturing memory ICs on 20nm, and even this on the TSMC website:
http://www.tsmc.com/english/dedicatedFoundry/technology/20nm.htm

That said, the 20nm still does bother me as I find this unlikely to be cost-effective. No business in their right mind would go straight for 20nm with all the risk involved in Bitcoin. You would definitely test the market with a less expensive process to reduce risk. If their design can do 0.25W/GH/s, then even doing this on 110nm or 65nm their scaling would be more power efficient than everyone else on the market already.

Those Avalons are 110nm, that must be what you're making. You'd have to be either extremely naive or a scammer to suggest anyone capable of manufacturing 20nm semiconductors is going to bother with bitcoin hardware.

But I'd love to be proven wrong  ;)

I don't understand why a semiconductor manufacturer would care what the customer is paying them to manufacture, as long as they have the money.

But this time I am a real person with the technology background and here is my LinkedIn profile:
http://www.linkedin.com/ (http://www.linkedin.com/in/MaxAvroutski)

There is no evidence to prove that this person is you. For all we know, you just found this person's profile online and thought he was a good fit.

I do find it unlikely to be you. A seeming native New Yorker with English as a first language, with so many educated credentials and yet your English skills in your posts here are so poor?

I find at the very least the person in the linkedin profile seems to have a different writing style. Am I the only one who thinks this?

tits or gtfo ;)

Shouldn't that be "GH/s or gtfo"?
Nope. Should be:

"tits or GH/s" ;)



Anyway, I'm just picking things apart. I have no real reason to trust or distrust the claim of the OP. Everything is possible, although the claims are high.



Hmm.. if this dude is really located in NYC, that mean's he's only a few train stops away from me.  I always feel safer when I purchase something from someone who is local. >:]

Please contact him then if you have the time. I'm sure he would like to know some unknown person on the internet is trying to impersonate him.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Xian01 on May 19, 2013, 01:33:30 AM
20nm chips developed specifically for hashing SHA256 ? Sorry, need to call shenanigans. 3-5 years from now ? Maybe. Right now ? No fucking way.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: kevcoins on May 19, 2013, 02:16:41 AM
Scammer are every where


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: evilscoop on May 19, 2013, 02:18:10 AM
if only it was true though....


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: greaterninja on May 19, 2013, 03:11:21 AM
20nm asic will cost millions to produce unless you have a wafer already.  I work in the leading edge of semi conductor industry and we just hit 16-18mm.  still even 24-28mm costs a bit of money as well.  20mm sounds very very unrealistic.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: r3animation on May 19, 2013, 04:04:23 AM
Didn't the thread die last month? Why bring it up again?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: bitpop on June 08, 2013, 06:14:27 AM
The whole LinkedIn site is your profile?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: derekleong75 on June 08, 2013, 08:25:10 AM
While I commend the internet sleuths on a well investigated case, it really reminds me of the "gods" at somethingawful forums many years back where all they needed was a name and "insert X fact" about a person and the digging up they did was beyond words.

I hope BCT will one day attain the same level of godliness. :)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: bitpop on June 08, 2013, 08:26:44 AM
So is the project still on?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: VeeMiner on June 12, 2013, 05:51:19 PM
So is the project still on?

i dont think so


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: madmax_ger on June 12, 2013, 06:01:39 PM
yes of course.

I preordered the only machine that will be build.

throw some BTC at my donation address to get some shares... hurry up, it's gonna be sold out soon!

(just to be sure - u can't know whos reading: it's a joke)


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: bitpop on June 12, 2013, 06:30:41 PM
Donation sent. Please I need shares


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Kushedout on June 12, 2013, 06:37:22 PM
I got my shares today. Waiting for dividends now, should be 5btc per share.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: bitpop on June 12, 2013, 06:51:21 PM
Damn I want in. I vote we mine Cumcoin.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Flying Hellfish on June 12, 2013, 07:31:23 PM
So is the project still on?

From what I can tell the OP took a couple month break from posting in the forums but looks like he is back and it looks like he is still talking about making miners...

https://bitcointalk.org/index.php?topic=232864.0



Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: TheSwede75 on June 12, 2013, 07:47:08 PM
I am a bit surprised that you plan to cool 32amps/120V in a 4U case. Care to comment on that?



Magic ice dragons and squirrels with fans might as well be the answer here. Chances that I invest in this is about as slim as Bugs Bunny making it through Mordor.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: daemonfox on June 12, 2013, 11:50:12 PM
I am a bit surprised that you plan to cool 32amps/120V in a 4U case. Care to comment on that?



Magic ice dragons and squirrels with fans might as well be the answer here. Chances that I invest in this is about as slim as Bugs Bunny making it through Mordor.

But... Bugs has the advantage of being able to burrow from anywhere in the world to the North Pole... don't you think Mordor would be just another vacation spot in his random travels?


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: qiuness on June 12, 2013, 11:55:22 PM
sure... make a product and sell it when you have it in hand... that will draw customers like fly's to shit.


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: GalaxyASIC on June 23, 2013, 08:17:31 AM
I am a bit surprised that you plan to cool 32amps/120V in a 4U case. Care to comment on that?



Magic ice dragons and squirrels with fans might as well be the answer here. Chances that I invest in this is about as slim as Bugs Bunny making it through Mordor.

Cray 1-2U blades can cool 22A/120V - there are ways.
BTW, specs had changed a bit, see OP


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: innovation on June 23, 2013, 10:03:24 PM
Sound nice. Can u show us pictures of your products?


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: titomane on June 23, 2013, 10:43:46 PM
7 PetaHash in 6 month, 20nm, 1.2-6w/Ghs  ::) ::) ::) ::) ::)

Please close this Topic


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: tinoki on June 24, 2013, 03:49:26 AM
Sound nice. Can u show us pictures of your products?

Any photos of your products, your office, your facilities and videos? who is your design house, your foundry? right now price of 1 gh/s is way lower than $18 per gh/s. ;D


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: klintay on June 24, 2013, 04:59:09 AM
hahahaha, you guys are all whack man!! interested eh??? 20nm?  i guess the OP is the Albert Einstein of engineering, except he only realised it this month after he got wind of all these suckers who are willing to part with their BTC for an email and preorder #

I bet 0.5BTC this guy doesn't deliver jack shit by December

2:1 odds


Title: Re: -= Galaxy 1 - 20nm ASIC Announcement =-
Post by: Operatr on June 24, 2013, 08:23:32 AM
I am a bit surprised that you plan to cool 32amps/120V in a 4U case. Care to comment on that?



Magic ice dragons and squirrels with fans might as well be the answer here. Chances that I invest in this is about as slim as Bugs Bunny making it through Mordor.

Cray 1-2U blades can cool 22A/120V - there are ways.
BTW, specs had changed a bit, see OP

Galaxy show us something real or GTFO, no one believes your standard issue scam thread with zero backing evidence of any of it. If you're going to try and troll us at least put some effort into it.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: klintay on June 24, 2013, 12:36:09 PM
hahahaha, you guys are all whack man!! interested eh??? 20nm?  i guess the OP is the Albert Einstein of engineering, except he only realised it this month after he got wind of all these suckers who are willing to part with their BTC for an email and preorder #

I bet 0.5BTC this guy doesn't deliver jack shit by December

2:1 odds

20:1 odds. You bet 0.5 and get back 10btc! if this clown face delivers!! win win!


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: RoadStress on June 24, 2013, 03:06:33 PM
hahahaha, you guys are all whack man!! interested eh??? 20nm?  i guess the OP is the Albert Einstein of engineering, except he only realised it this month after he got wind of all these suckers who are willing to part with their BTC for an email and preorder #

I bet 0.5BTC this guy doesn't deliver jack shit by December

2:1 odds

20:1 odds. You bet 0.5 and get back 10btc! if this clown face delivers!! win win!

Want to escrow this bet?


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: Loredo on June 24, 2013, 11:14:49 PM
Well, Mr. Galaxy, please answer me the following:  On your pro-forma, it looks like you have 6,750 Thps shipped by next April.  Now, let's make the following assumptions:

(1) I order one Ghps from you for $20;
(2) My order arrives next April;
(3) The avalanche of raw hash power has caused everyone else in the market to roll over and go home; Galaxy ASICS are all the market; i.e., network hash rate is 6,750 Thps. (We'll forget the 51% problem; this is all a thought experiment, anyway.)

Here's my question:  What is wrong with my math here?  At 6,750,000 Gphs, I can expect to earn about 0.000533 BTC per day (an amount competititve with what one can now earn from watching YouTube videos or casino ads for about an hour, BTW).  Converted to USD, that's about $0.05.  Now, assume the board's overall power draw is 10 watts - chips, cooling fans, water pumps, cryo-compressors.  At $0.12/kwh, that's a bit under $0.03 a day to the Edison mob.

Which leaves me with about, ironically, my two cents worth for my $20 dollar investment.

Thus, it looks to me like your project fits, for us consumers, somewhere between two poles.

The first pole, as is always the case, is the possibility you are a scam, have no chips and never will have.
The second pole is you are wildly successful, in which case any purchaser's network share is ground into the dust.

Any comments? 



Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: Bitcoinorama on June 24, 2013, 11:23:46 PM
Well, Mr. Galaxy, please answer me the following:  On your pro-forma, it looks like you have 6,750 Thps shipped by next April.  Now, let's make the following assumptions:

(1) I order one Ghps from you for $20;
(2) My order arrives next April;
(3) The avalanche of raw hash power has caused everyone else in the market to roll over and go home; Galaxy ASICS are all the market; i.e., network hash rate is 6,750 Thps. (We'll forget the 51% problem; this is all a thought experiment, anyway.)

Here's my question:  What is wrong with my math here?  At 6,750,000 Gphs, I can expect to earn about 0.000533 BTC per day (an amount competititve with what one can now earn from watching YouTube videos or casino ads for about an hour, BTW).  Converted to USD, that's about $0.05.  Now, assume the board's overall power draw is 10 watts - chips, cooling fans, water pumps, cryo-compressors.  At $0.12/kwh, that's a bit under $0.03 a day to the Edison mob.

Which leaves me with about, ironically, my two cents worth for my $20 dollar investment.

Thus, it looks to me like your project fits, for us consumers, somewhere between two poles.

The first pole, as is always the case, is the possibility you are a scam, have no chips and never will have.
The second pole is you are wildly successful, in which case any purchaser's network share is ground into the dust.

Any comments? 



Damnnnn...you couldn't even 'buy a clue' for that!! ;D


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: GodHatesFigs on June 25, 2013, 01:26:04 AM
lol


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: klintay on June 25, 2013, 02:43:44 AM
hahahaha, you guys are all whack man!! interested eh??? 20nm?  i guess the OP is the Albert Einstein of engineering, except he only realised it this month after he got wind of all these suckers who are willing to part with their BTC for an email and preorder #

I bet 0.5BTC this guy doesn't deliver jack shit by December

2:1 odds

20:1 odds. You bet 0.5 and get back 10btc! if this clown face delivers!! win win!

Want to escrow this bet?

I will accept that your bet be held in escrow if you like


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: GalaxyASIC on June 27, 2013, 05:04:42 AM
Well, Mr. Galaxy, please answer me the following:  On your pro-forma, it looks like you have 6,750 Thps shipped by next April.  Now, let's make the following assumptions:

(1) I order one Ghps from you for $20;
(2) My order arrives next April;
(3) The avalanche of raw hash power has caused everyone else in the market to roll over and go home; Galaxy ASICS are all the market; i.e., network hash rate is 6,750 Thps. (We'll forget the 51% problem; this is all a thought experiment, anyway.)

Here's my question:  What is wrong with my math here?  At 6,750,000 Gphs, I can expect to earn about 0.000533 BTC per day (an amount competititve with what one can now earn from watching YouTube videos or casino ads for about an hour, BTW).  Converted to USD, that's about $0.05.  Now, assume the board's overall power draw is 10 watts - chips, cooling fans, water pumps, cryo-compressors.  At $0.12/kwh, that's a bit under $0.03 a day to the Edison mob.

Which leaves me with about, ironically, my two cents worth for my $20 dollar investment.

Thus, it looks to me like your project fits, for us consumers, somewhere between two poles.

The first pole, as is always the case, is the possibility you are a scam, have no chips and never will have.
The second pole is you are wildly successful, in which case any purchaser's network share is ground into the dust.

Any comments?  



You have few reasonable questions, so I will answer them:
1) Tentative shipping schedule, as its name suggests, could change and together with per customer limits was designed to provides relatively slow rise in hash rate so that there would not be 51% problem.
2) "Total GH to be shipped" is more of a limit than actual amount that will be shipped. If customers will continue to buy and it doesn't harm security of bitcoin then we will continue to sell.
3) What do you think bitcoin will be worth in 50 years or 100 years? There are around 100 trillion of USD equivalent of money in the world now and rising. In 20-30 years it could be $210T
$210,000,000,000,000 / 21,000,000 BTC = ~ $10,000,000/BTC - $10 million per BTC - will that happen that in 50-100 years BTC will be the only currency? Who knows.

Maximum BTCs is just under 21,000,000 - 11,335,800 currently created = 9,664,200 BTC to be created
at forever $100/BTC that is $966,420,000 market opportunity and
at forever $1,000/BTC that is $9,664,200,000 market opportunity
while 6,750,000 GH * $20/GH = only $135,000,000

BTCs still to be made from mid 2013
2013   657,000
@$100/BTC = $65,700,000
@$200/BTC = $131,400,000
But you don't have to short sell the BTC at only $100-$200 because it should grow over time.

2014 1,314,000
@$100/BTC = $131,400,000
@$200/BTC = $262,800,000
@$300/BTC = $394,200,000
That is in addition to 2013, so mid 2013 @ $100/BTC + 2014 @$200 = $328,500,000, while 6,750,000 GH * $20/GH = only $135,000,000 i.e. ~41% if you sell your BTC short or only ~30% if you hold them for a year

2015 1,314,000
2016 1,314,000
Total mid 2013-2016 = 4,599,000 BTC
@ $100/BTC = $459,900,000 market opportunity
@ $1,000/BTC = $4,599,000,000 market opportunity = $4.5 billion

2017-2020 = 2,628,000 BTC
2021-2024 = 1,314,000 BTC
2021-2024 =   657,000 BTC

So, it doesn't have to be 6,750,000 GH at $20/GH, market will adjust to proper price per GH and amount of GHs sold.
They may just buy 625,000 GH @ $20/GH, not counting other providers that will be $0.576/day with return in ~34 days
and then someone will decide that return even in 4 month is till good and buy more GH but only willing to pay $19/GH , ext.

Have I answered your question to your satisfaction?


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: klintay on June 27, 2013, 07:55:17 AM
i couldn't even be arsed to read your mumbojumbo mate.

Why don't quit yapping it and post some pictures of your supposed 1nm bitcoin miner which runs on fairy dust already.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: r3wt on June 27, 2013, 08:02:41 AM
i couldn't even be arsed to read your mumbojumbo mate.

Why don't quit yapping it and post some pictures of your supposed 1nm bitcoin miner which runs on fairy dust already.

there is no need. i have just invented a .5 nm asic. invented it right out of thin air


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: klintay on June 27, 2013, 02:58:11 PM
i couldn't even be arsed to read your mumbojumbo mate.

Why don't quit yapping it and post some pictures of your supposed 1nm bitcoin miner which runs on fairy dust already.

there is no need. i have just invented a .5 nm asic. invented it right out of thin air

hey mate,

I heard about that btc.sx site, is it legit? Have you actually successfully processed payouts in the past?


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: RoadStress on June 27, 2013, 04:37:21 PM
...

Instead of posting some fancy numbers maybe post something relevant about your project.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: firefop on June 27, 2013, 10:31:56 PM
Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).

The scam rating is 112.5% (a new record!)

@MODS - Thread can be locked now - the fun is over.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: GalaxyASIC on June 27, 2013, 11:17:01 PM
Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).

The scam rating is 112.5% (a new record!)

@MODS - Thread can be locked now - the fun is over.


Only thing that is truth in that list is that I am not a good speller or typist. Guess what, nether are you.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: Phinnaeus Gage on June 28, 2013, 06:25:07 AM
Allow me to leave this here: https://forums.butterflylabs.com/members/mumu.html


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: tinoki on June 28, 2013, 08:50:36 AM
Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).

The scam rating is 112.5% (a new record!)

@MODS - Thread can be locked now - the fun is over.


Only thing that is truth in that list is that I am not a good speller or typist. Guess what, nether are you.

With NO Photos, Videos and Youtube of your Asic Miners and those of your assembly house or your office. they require proof and evidence otherwise people will skeptical about your project.


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: RoadStress on June 28, 2013, 09:55:41 AM
Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).

The scam rating is 112.5% (a new record!)

@MODS - Thread can be locked now - the fun is over.


Only thing that is truth in that list is that I am not a good speller or typist. Guess what, nether are you.

Hey Galaxy i will develop my own chip:

9.99$ per Ghash. Pre-order now! Minimum quantity is 500Ghash!


Title: Re: -= Galaxy 1 - ASIC Announcement =-
Post by: tinoki on June 28, 2013, 10:05:11 AM
Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).

The scam rating is 112.5% (a new record!)

@MODS - Thread can be locked now - the fun is over.


Only thing that is truth in that list is that I am not a good speller or typist. Guess what, nether are you.

Hey Galaxy i will develop my own chip:

9.99$ per Ghash. Pre-order now! Minimum quantity is 500Ghash!

100 unit for me please and next day delivery.