Best of lucky finding a manufacturer that can ship you 2.4 Th/s by April.
Bitmain units are all in-stock. Order from them now you'll have it next week. True. And for just about 600 dollars more, plus the higher power cost. Not saying anything bad about Bitmain. It's actually a pretty good comparison. Hmm, I want to know why our co-op put in over $20K worth of Bitmine orders in Oct./Nov. well before AMT was their official reseller... ...and we still haven't gotten our Bitmine rigs or updates.  That's what I keep telling these trolls, if Bitmine the main manufacturer is delayed, then obviously AMT will be delayed. The only thing going for AMT is that it is U.S. based and can ship units faster to U.S. customers than Bitmine can. One other thing, they are not using Bitmine boards, but locally produced ones. The chips, apparently, are not an issue at this point. It is my suspicion that they are still using Technobit's design. I don't know that for certain, but some things Jim said jibe with the description of the board by Marto74. (didn't screw up your name, Martin, no white shirt!) But rather than directly buying them from Bulgaria, they're making them in or around Philly. Should cut the time frame quite a bit once they get up to speed. I've seen at least one report of that board already hashing, so the production issues should be minimal. That is the likely situation, the boards are Technobit design. Just like they sold technobit design boards for the bitfury system. I first thought that they may have been a problem with the coincraft A1 chips, however technobit is shipping stable versions, so it is not the A1 chips. There is clearly something else going on here. It is OBVIOUS that AMT is deliberately not showing progress by not showing photos of completed units. AMT is not the only one, Bitmine.ch is doing the same thing. The question then is WHY are they shooting themselves in the foot? ANSWER: Retail is a crap business. Both Bitmine and AMT are going wholesale. They don't give a damn about the retail business. Wholesale? Did you not read the news in January that CoinSeed was buying $5 million worth of Bitfury boards? (see: http://www.businesswire.com/news/home/20140123006299/en/CoinSeed-Invests-5-Million-BitFury-Bitcoin-Mining#.Uvthn0JdVng) Well Bitfury is obsolete. That is just a ruse, they are likely buying $5 million worth of Coincraft. Also do you notice that the trolls here are so involved in trying to spread FUD? What's in it for them? They want you to sell your spot... that is why. AMT and Bitmine retail business is history pretty soon. It is simply not worth it for them, they've used retail to build up their cash position and they are moving into wholesale. |
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I give you my theory. The main pool is ghash.io. According to this statement: https://support.cex.io/entries/40043388-Phone-verification-and-2FAThey have over 100,000 cex.io users. Let's suppose each of them, on average, have something like 90 IXC in his online wallet, worth on average less then 10 $, it means: 100,000 * 90 = 9,000,000 If we add other 10 big holders having between 420,000 (2%) and 840,000 (4%) = 6,000,000 Plus an other 200 "small" holders having between 10,500 (0,05%) and 63,000 (0,3%) = 3,000,000 It means 50% of the coins have been simply forgotten by the holders, now progressively collected by cex.io in exchange of gh/s. An other 40% is in the hands of holders, big and small. The remaining 10% is what you see on the exchanges. Conclusion: without cex.io's unaware holders, at least 50% of the coins are like lost, or unused. That's a solid theory and it explains why there's never any big sellers. So the CEX wallets, those belong to the individuals, right? Are all 100,000 accounts merge mining? What about bitparking, they merge mined for a long time. This is what I was trying to say. It would appear that iXcoin has well over 100,000 shareholders, holding more than half of the total coin supply. This is a best case scenario which brings long term stability to a coin. And this is the kind of distribution which has a massive synergistic effect in lifting up the colonists or colonies. Over 100,000 holders versus a few thousand for BTC. iXcoin keeps getting better and better the more you look at it. There really is no coin with these stats out there. This distribution advantage should be somewhere on the website cause it's yet one more thing no other coin can match. The other plausible reason why IXC is never ever pumped is that nobody can accumulate enough to make it worth their while to pump it. Unlike new coins where people can get coins next to nothing, there is a large incentive to make the gamble to pump the coin. By contrast, there is no way to get IXC in mass quantities without buying them on the open market. But just a 1% buy of 200,000 coins will double and triple the price immediately. |
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On ebay uk you can buy several virtual coins but ixcoin. You know, it's seems silly because we are talking of something not physically existing, but the one I have the instinct to buy is the one with a nice 3D elaborate image.
We need it: a final (gold and silver??) 3D image of ixcoin. After all: is it not the twin brother of the golden one?
Is anybody here skilled enough to make a 3D image? LukeConnell team?
You're right. People are used to buying something they can see. Even if it's virtual, a beautiful and realistic image can really help. And I too think it's odd you can buy totally worthless coins on eBay but not 1 single iXcoin. Very odd given there's 18 million coins out there....somewhere. maybe 50% of all IX have been lost I agree that it is likely that a big percentage of IX have been lost. Not only that, ever since merge mining started at block 45,000 the coins were dispersed more evenly among the miners. Only approximately 4.3 million coins were mined prior to merge mining. |
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On ebay uk you can buy several virtual coins but ixcoin. You know, it's seems silly because we are talking of something not physically existing, but the one I have the instinct to buy is the one with a nice 3D elaborate image.
We need it: a final (gold and silver??) 3D image of ixcoin. After all: is it not the twin brother of the golden one?
Is anybody here skilled enough to make a 3D image? LukeConnell team?
You're right. People are used to buying something they can see. Even if it's virtual, a beautiful and realistic image can really help. And I too think it's odd you can buy totally worthless coins on eBay but not 1 single iXcoin. Very odd given there's 18 million coins out there....somewhere. You should be spending your time selling on eBay. We already sent out instructions on how to do so via CEX.IO so it is safer. |
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I would definitely ditch those American IXC slogans. You want to appeal to the world, and that is totally the wrong way to do it.
Good observation. Well, it doesn't hurt to have them stateside. But I agree I wouldn't put them on the main website. Like all global brands, the images and commercials are tweaked to better appeal to that particular demographics. With the internet we don't have the liberty of being able to tweak messages for local demographics. |
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I know the details of their business are shady, that is why I'm asking they post PICTURES of all the chips, boards, power supplies and cases. We can debate the other things until the cows come home - but if they provide actual photos of all the hardware they have been purchasing to build these miners out, it will put everyone (including myself) at ease.
This isn't an unrealistic request. GET TO IT!
There's a photo of batch #1 that shows clearly that there at least 1,500 coincraft A1 chips. At say 40 chips per machine, that makes about 37 units. 40 chips per machine for 1.2 TH? That is a joke dude that makes about 2.4Kw at the wall. or put 80 chips per machine to reduce power - not going to happen They should split that and deliver two machines instead of one  One for living room and one for dining room connected to separate fusses and the beauty is that when you need to turn on your oven, washing machine, air conditioner or whatever you will need need to turn off your AMT machine. Apart of the jokes for all you who are waiting for the AMT machines. Do you homework and be prepared for huge power draw for 1.2 TH check your fuses, wires in your homes in advance and make sure you can provide enough power for this beasts in advance! In order to continue to live like a human using your tv, washing machine and so on when you need/want to  I am wandering what they are producing actually at full speed And what they will deliver next Week as promised? And why they do skip such a simple questions about power draw, chip count per device and so on. Before going to production a prototype is needed a hashing one. Did they skip this part at all? Do they have a prototype before production? Any way we will wait and see............. PS: I am still taking bets about power Are some brave guy's here who want to make quick money You are likely correct that Bitmine's 28nm chips are hitting the limit of residential house hold circuitry. That is the same for every other 28nm manufacturer. In fact even the 20nm KNC Neptune will hit the power limits. It is kind of a dead end for ASIC devices, they've finally reached parity with GPU in terms of lack of power efficiency! |
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they are either:
1> a scam
or
2> completely incompetent
Let's hope for #2
You have not answered the question. Are you an AMT customer? |
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First off Loshia, something i've wanted to mention for a while is how you use the expression "at the wall", which is really "to the wall", and comes from the expression "balls to the wall", which is an expression used to represent acceleration or "full throttle" which was created by pilots who would push the throttle lever (the ball) to the point where it actually touches the panel (the wall). And we know you mean it from a consumption standpoint of course, I just wanted to throw that out there. Say "to the wall".
I think the 600W to 900W quote is a bit unrealistic yes. But I also think your 1.7W is a bit too much. That why i said i'd bet on 1w/ghs nominal and 1.3w overclocked or "to the wall". And yes this will be from the miners AMT ships, not demo's of course.
If you really want to make it interesting we could a .4w over/under 1.1w/ghs spread bet with a parlay for hashrate expectancy. What do you think?
He means he measures it "at the wall" socket using a Watt meter or kill-a-watt meter. Its the usual term, you are the one who is confused. At the wall just means that is what the psu pulls from the wall socket compared to what the miner pulls from the PSU. +1 Biffa so my English is not native. To make it clear for you i am still taking bets if: http://mineforeman.com/wp-content/uploads/2013/04/mining.jpgThey have to make 900W like the picture above. Clarification black power cable which is connected to kilawatt should be cumming from AMT machine And do belive me AMT is misleading you a lot about actual power consumption assuming their unit is doing 1.2T. PERIOD. IT WILL NEVER HAPPEN NEVER You are likely correct about the power requirements of a coincraft A1 device. After all, you have one in hand. |
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We're just shocked at this point, that we're reverting back to if we are real or not, but really its w/e.
All you have to do is clear up the discrepencies. Why won't you post your PA business registration? Seriously though 1.2's are shipping next week.
Isn't that what you said 2 weeks ago? Hoping to get the first AMT1.2's shipped by Friday.
'hoping' and 'seriously' are two different expressions of certainty. |
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Also,
What do you guys think about financing? Like, lets say your in the 620 and above range, and you could finance our th/s miners, would that be something you guys would be interested in? Just throwing that one out there, we'd like to get an opinion from the community on that one.
I don't understand what you are talking about. Maybe you need to be more specific here. |
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We're just shocked at this point, that we're reverting back to if we are real or not, but really its w/e.
Hey either way its actually good for sales. So we had paused the ads yesterday to restructure the campaign and forgot to start them today and we just realized it. Although 6 paid orders came in today from guys that called which read this forum and called to inquire if we're real or not, and even one 1 walk-in ordered 2 x 1.2th's, he wrote a check after talking for a few minutes.
So, thank you trolls.
Seriously though 1.2's are shipping next week.
Uh... maybe you need to post some pictures? |
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Hello all,
This is my first post. My order number is 1051 for two AMT 1200 - 1.2Th/s Coin Miners. I purchased them on 12/13/2013. I just spoke with Adv. Miners directly. They expect the machines to be available next week. I am looking to sell at my cost, $11,998.
Best of luck with that. $12,000 will get you 2.4 TH/s from other manufacturers. Best of lucky finding a manufacturer that can ship you 2.4 Th/s by April. At the current price of BTC (US$674), an Antminer S1 will set up back $981.34 and will do 200GH/s poolside at 2J/GH. You'll need to buy your own power supply, so don't forget to budget in ~$50 for that. They're also in stock and will arrive less than a week after you order. So really, you're looking at having to spend $12250-$12500 in order to be able to be hashing at 2.4TH/s possibly by the end of this week, maybe the start of next week. Those AMT ones are still going to be a few hundred dollars cheaper. Interesting. Where can you get an Antminer for $981? The Technobit systems are at $1500 for 260 GHs.... so its also at the same price range as AMT. Only problem is they ship from Europe. The most bank for the buck obviously are the Cointerra at $6000 for 1.8GHs... however.... good luck getting early delivery on those. |
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hi all
just want to chip in on the info about amt
i personally went down to their office back in jan 13 building e1 took me awhile to find the place since i was not familiar with the area
but regardless i was there in person and had a talk with josh , at the time he was putting together a custom unit for someone out in cali .
so just want to throw it out there i was at the location talking to him for roughly around 2 hr bout the company and other stuff but at the end of it all i did
put an order in for a few 1.2 units on the site it said it'll take 6 weeks for the order but just track it still said processing but still have 2 more week but josh told me that it might be
earlier since they pretty much got their process up to speed so hopefully i get a call from them that the order is ready to be picked up
i will call them sometime next week to check on the order with someone and see hows it goin....will keep you guys posted
Finally! Someone who has actually claimed to have been at AMT recently and not some groupy that says "see photos? It must be real because there is a photo". Why is it so hard to find? I had someone go check out the place and they said they found the place but didn't find AMT. You are an idiot for trusting your guy. Besides... are you even a customer of AMT? I really don't know how to respond to that one without dropping down a few points on the IQ scale... however I will say to your question, yes, and based on you are trying to get a 5% discount and trying to sell your miner for above retail prices when the market is about to get flooded with miners lets your actions speak for themselves. I wish you the best of luck on that. I, however, am in this for the long haul, being that I have worked with bitcoin for a few years now and it hasn't failed me yet, even with the ups and downs. Yeah right... posting from a newbie account. Why do you even bother trolling here if you aren't even a customer? |
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Let's do some math to see how much AMT makes per unit.
Case, power supply and logic board - $500.
40 coincraft a1 chips at $90 a piece ... $3,600.
Total $4,100 .... list price... $6,000 not bad... $1,900 profit per system.
Nice lucrative business!
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So how much longer would it take to create a new coin from scratch, vs doing it base on the NXT code?
(Not a big question on my part, I'm just trying to get some discussion going on.)
NEX, which as far as I can tell, is creating a coin that is basically a clone of NXT is launching in early March: Is there any expected schedule for NEX?
In 4 weeks. Developers are busy working on the code right now. NEM doesn't currently have a release schedule, but won't be launching in early march . Correction, NEX isn't going to even bother cloning NXT. NXT isn't really a good base to build a foundation on. That's why the NEM guys are building from scratch too. Once you see the dirty laundry, you want to avoid it for good. |
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Hmm, I want to know why our co-op put in over $20K worth of Bitmine orders in Oct./Nov. well before AMT was their official reseller... ...and we still haven't gotten our Bitmine rigs or updates. That's what I keep telling these trolls, if Bitmine the main manufacturer is delayed, then obviously AMT will be delayed. The only thing going for AMT is that it is U.S. based and can ship units faster to U.S. customers than Bitmine can. |
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hi all
just want to chip in on the info about amt
i personally went down to their office back in jan 13 building e1 took me awhile to find the place since i was not familiar with the area
but regardless i was there in person and had a talk with josh , at the time he was putting together a custom unit for someone out in cali .
so just want to throw it out there i was at the location talking to him for roughly around 2 hr bout the company and other stuff but at the end of it all i did
put an order in for a few 1.2 units on the site it said it'll take 6 weeks for the order but just track it still said processing but still have 2 more week but josh told me that it might be
earlier since they pretty much got their process up to speed so hopefully i get a call from them that the order is ready to be picked up
i will call them sometime next week to check on the order with someone and see hows it goin....will keep you guys posted
Finally! Someone who has actually claimed to have been at AMT recently and not some groupy that says "see photos? It must be real because there is a photo". Why is it so hard to find? I had someone go check out the place and they said they found the place but didn't find AMT. You are an idiot for trusting your guy. Besides... are you even a customer of AMT? |
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Hello all,
This is my first post. My order number is 1051 for two AMT 1200 - 1.2Th/s Coin Miners. I purchased them on 12/13/2013. I just spoke with Adv. Miners directly. They expect the machines to be available next week. I am looking to sell at my cost, $11,998.
Best of luck with that. $12,000 will get you 2.4 TH/s from other manufacturers. Best of lucky finding a manufacturer that can ship you 2.4 Th/s by April. |
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I don't get why all the interesting coins have such horrible release models.
What would you have liked to see instead? I think it's not bad personally These new innovative coins can get pretty expensive. |
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