It does not work for me I get updated regardless >: even after unwatching.

Thank fucking god it will spare us your incessant bitching.

Can we please stop polluting the thread with non-KNC junk.

Oh please, I sincerely doubt it. Like KNC needs a shill anyway.

Think about what actually happened--Batch 2 and 3 finished shipping.

I don't think we're going to see sustained increase of difficulty like in the last 1.5 months.

Unwatching. This thread is long dead.

How do I unwatch this thread??? It keeps updating me. Stahp!

He said he needs pre-orders and money commitments to judge demand. Isn't that at least semi-reasonable? What would be the point in ordering 10,000 chips or w/e if you could only sell half that. What do you say to that?

This is what I've been saying. And ultimately, the profit of mining should stabilize at just over the cost of electricity. The huge rush to ASICs was a consequence of the massive rise of bitcoin price suddenly.

When the price jumps again we'll see another rush to activate ASIC power. But always the game is to pay your ROI on your device before the difficulty catches up to marginal profit, which becomes the new normal.

Comms breakdown due to extortion threats.

Chips in customs.

2 more weeks >_>

To me it seems like the responses are all coming from someone with a slightly deficient proficiency in English grammar, actually. I don't see a radical difference in grammatical ability between the announcements and all of these posts, all slightly off at times. I don't see a shining example of style, or other styles of writing at all. I think it's just one guy posting.

Thus the problem, because that figure pushes up against the cost of the machine itself, outside very large volume. At some point there's no more 'cheaper' to go to. And the worst part is, the chip still loses half its value a month later.

You're saying that more than one person has been writing responses for the Xcrowd account to represent your team? Or are you just saying that more than 1 has access but that it's been just one person this whole time so far?

So he is confirming that Abdi Mahamud pictured there is indeed connected with the company.

Will he also confirm that Abdi is the person sockpuppeting the Xcrowd account on here, because he's using language as if that were not so, as if Abdi were not the writer behind the Xcrowd account but another person. Is this accurate?

What is Abdi's involvement with the company? What are his duties in the company? Why shouldn't we be suspicious of a company that would hire someone with "director of procrastination" in their public profile?

I think I was going to go whole hog into resaler like this, I'd create a joint pool for everyone, where the extra machines become shares for those who bought in, run by the resaler. Just a thought.

I've said my peace, and was certainly not trolling. I will now sit-back and see if OP lives up to his latest reply here, which seems sensible.

Yeah, around there, although sub 1GH/watt efficiency is expected at this point from anyone claiming 'full custom ASIC.'

He probably just refused to bribe the right people this time. No skin off his back.

And as for all his claims of escrow and Escrow.com, there exist escrow scams too! You ship a pile of rocks and then provide your escrow holder the verified tracking info--voila, escrow released to you, even against protests of the ripped-off client.

If Xcrowd can scam just one or two of you out of a few hundred bitcoin, it'll more than pay for all the prep work that's been done so far. He'll take orders and then simply choose his mark--the guy that wants to buy the most. This is who he'll try to escrow scam, the 300 btc order or w/e.

Anyway, if this isn't a scam I don't feel bad at all because the OP has done nothing but act suspicious and reclusive since day one, offering zero proof of anything. And if it is a scam, you've been warned.

Notice his twitter updates:



Once the page launches you'll be able to at least "reserve order number" but they are hoping to "accept orders" when they launch: ie--have people actually send them money. Without even a shred of proof of their identity, much less any proof that they have any tech, chips, anything, anything at all. Anything except a couple of CGI  miners modeled to show off non-existent equipment.

Something tells me they'll offer people the option of not using escrow when ordering by website, meaning that was nothing but a front in the first place to build confidence.

They'll be hosting open house in "London and a few other cites." Such as? Didn't he say they don't yet have offices in Shenzhen?

What would you be showing if you did anyway? Nothing. You don't have your NRE convered, do you? Doubt it. You don't have chips or machines assuredly--not even an FPGA miner you built quick-like to prove engineering chops.

If you expect people to trust you, you have to trust in return. This whole attitude of asking for many thousands of dollars and expecting to do it without doxing yourself just screams 'scam.'

Yet we've seen time and again that stupid people will rush to send bitcoin to anyone claiming any slightest thing about ASICs so you probably could give a damn, but people really should demand great evidence in the face of great claims. You've got to go public with who you are, what makes  you qualified, what the plan is, what makes you think you can pull this off, who else is involved, etc., etc.

This is the kind of info KNC had released within days of going public and here you are two months into the game, ABOUT TO TAKE ORDERS, and you haven't released -any- info.

What. the. hell.

And where are all the usual scam busters working the other ASIC threads to vet this guy?