Bitcoin Forum

Economy => Securities => Topic started by: hamiltino on November 01, 2013, 10:29:45 AM



Title: .
Post by: hamiltino on November 01, 2013, 10:29:45 AM
No interest closed


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: zefyr0s on November 01, 2013, 01:22:01 PM
Well, good luck! Just too bad US investors can't help out (Bitfunder).


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: gh2k on November 01, 2013, 11:45:08 PM
Replying with very skeptical interest.

It doesn't look like you're trying to raise anything like enough money to do a decent ASIC run. What are your actual plans? An FPGA conversion? If so, what kind of hashrate are you getting with your current FPGA prototype, as the results will be comparable?

You also don't mention anything about your background or the other people (if any) working on your project. Do you have the background to pull this off?

Wait... I've just re-checked your site and it's now pointing at a holding page. -- Not looking good.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: somestranger on November 02, 2013, 12:07:07 AM
More chip details are needed.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: stslimited on November 02, 2013, 12:27:16 AM
not the first company that claimed to have a scrypt asic, until running into the same processor memory limitations that any 5 second google search would reveal


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: pascal257 on November 02, 2013, 02:20:13 AM
Forget about BitFunder and get in contact with Havelock


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: claycoins on November 03, 2013, 04:31:24 AM
I think he is planning on buying a scrypt asic from another company, is not developing one.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hak8or on November 03, 2013, 05:38:51 AM
1,000 x 0.05 BTC is roughly $10,000 USD which is a far far cry from having even an FPGA -> lame Asic conversion. Hell, that wouldn't even cover a low volume tape out.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: reactor on November 03, 2013, 11:53:48 AM
The vendor doesn't appear to be far enough in the process to justify collecting funds towards a group buy/collective purchase.  Also, why not keep dividends in LTC? 


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hamiltino on November 04, 2013, 08:50:52 AM
Replying with very skeptical interest.

It doesn't look like you're trying to raise anything like enough money to do a decent ASIC run. What are your actual plans? An FPGA conversion? If so, what kind of hashrate are you getting with your current FPGA prototype, as the results will be comparable?

You also don't mention anything about your background or the other people (if any) working on your project. Do you have the background to pull this off?

Wait... I've just re-checked your site and it's now pointing at a holding page. -- Not looking good.

I have raised the cap to 150BTC.

I don't have a website, its simply a spreadsheet to keep track of shareholders for the time being.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hamiltino on November 04, 2013, 09:13:42 AM
.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hamiltino on November 04, 2013, 09:18:41 AM
.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hamiltino on November 04, 2013, 09:47:36 AM
.


Title: Re: LITECOIN MINING PROJECT - NEW SCRPYT TECHNOLOGY [SCRYPTMINERS] Funding
Post by: hamiltino on November 04, 2013, 10:25:46 AM
No interest closed,