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1981  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 02:31:51 PM
Unless you prefer eu based company technobit Wink I can assure all of you that I am having eight chip coincraft board in hand hashing like I beast 240-250 gh

And pulling around 3W/GH I believe, albeit overclocked, but without even accounting for the PSU inefficiency.
Based on the same chip, AMT are still claiming 0.5-0.75 W/GH at the wall, and thats up from their previous ludicrous claim of 0.25-0.5W/GH.

To quote AMTs favorite shill:
Yes, I do believe the  unit will produce up to 1.2THs, running around 600Watts.
Dirty lie dude it is same chip. If you wanna efficient miner go for bitfury miner or under lock coincraft. If they do something at all it will be a trade of between power and hashing rate.
The math is very simple dude
1. Chip supplier gives you a figure of power at one volt or whatever chip power is
2. The above figure is taken from simulations not real chips and differs with let say 10 % from reality. When chip is Overclocked the difference is quite big
3. Add at least 10% for cd/cd 12v to 1 and on top 15at least psu loss
There is one slight chance for them to meet their figures if they putt wise as much chips as planned and under clock them. It is too late to do the math right know but they will roughly loose 60 chips costing 100 used each to make it happen and so on and on
Again it will be not their fault the chip needs power that is all
And they are aware of the fact they speak nonces unless instead of 220/120 v in your plugs you happen to have ONE VOLT dc  Grin

It is likely the 1.2 THs units will be around 1.1 THs instead of the published.

Cointerra TerraMiner IV was advertised at 2 THs and only delivered like 1.8 THs.   A 10% drop from original estimates.  

This of course depends if the manufacturer fixes the design to add more chips.  Cointerra has much larger chips so it is unable to adjust the design,  however bitmine and AMT have a lot of smaller chips, so if they add 10% more, they can hit their targets.
Dude,

1.2THs, running around 600Watts.


If the quoted 600Wats are at the wall (220V better scenario) I can make 10 BTC bet that they  will not make it!!! never!
I am talking about mass shipped units. If they put 300 chips (instead of 40-50) undervolted and underclocked there is a slight chance this to happen. But they will not do it on production units for sure because this costs a lot of money!

Just find a reputable third party person like john to hold our coins

Who has the guts to earn some quick money Grin Anyone?

The best dreamed scenario will be arround 1.2 KW at the wall for 1.2T unit PERIOD!!!!!!!!



At 20GHs per chip,   they will need 60 chips.  So if they claim .6 W per GHs they are talking around 720 watts.
1982  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: February 07, 2014, 02:25:12 PM
Please add ZenithCoin to the listing:

Website is www.zenithcoin.com

Explorer is http://explore.zenithcoin.com

Logo is:  

Exchange is: www.cryptorush.in

API to the exchange is:  https://cryptorush.in/api.php?get=market&m=ztc&b=btc
1983  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 11:33:24 AM
Unless you prefer eu based company technobit Wink I can assure all of you that I am having eight chip coincraft board in hand hashing like I beast 240-250 gh

And pulling around 3W/GH I believe, albeit overclocked, but without even accounting for the PSU inefficiency.
Based on the same chip, AMT are still claiming 0.5-0.75 W/GH at the wall, and thats up from their previous ludicrous claim of 0.25-0.5W/GH.

To quote AMTs favorite shill:
Yes, I do believe the  unit will produce up to 1.2THs, running around 600Watts.
Dirty lie dude it is same chip. If you wanna efficient miner go for bitfury miner or under lock coincraft. If they do something at all it will be a trade of between power and hashing rate.
The math is very simple dude
1. Chip supplier gives you a figure of power at one volt or whatever chip power is
2. The above figure is taken from simulations not real chips and differs with let say 10 % from reality. When chip is Overclocked the difference is quite big
3. Add at least 10% for cd/cd 12v to 1 and on top 15at least psu loss
There is one slight chance for them to meet their figures if they putt wise as much chips as planned and under clock them. It is too late to do the math right know but they will roughly loose 60 chips costing 100 used each to make it happen and so on and on
Again it will be not their fault the chip needs power that is all
And they are aware of the fact they speak nonces unless instead of 220/120 v in your plugs you happen to have ONE VOLT dc  Grin

It is likely the 1.2 THs units will be around 1.1 THs instead of the published.

Cointerra TerraMiner IV was advertised at 2 THs and only delivered like 1.8 THs.   A 10% drop from original estimates.   

This of course depends if the manufacturer fixes the design to add more chips.  Cointerra has much larger chips so it is unable to adjust the design,  however bitmine and AMT have a lot of smaller chips, so if they add 10% more, they can hit their targets.
1984  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: February 06, 2014, 09:54:57 PM


Wow, iXcoin on a tear with almost 100 votes.  Where is all this attention for IXC coming from? 

Actually, it is indeed weird.  Why would IXC need to be in yet another exchange like OpenEx?   It makes sense to on say a Chinese exchange or a European one,  but OpenEx?   I am not too impressed with this development.
1985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 06, 2014, 02:50:05 PM
Nex will be bigger than NXT, due to its fair distribution!

More specifically, to a much wider initial distribution.  Minimum target is at least 1,000 stake holders.  More campaign information to come out shortly.
1986  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: February 06, 2014, 02:46:36 PM


41 votes now.  I'm shocked we're beating coins like earthcoin which has huge volume.

And I'm surprised i0Coin is right behind us given that coin appears abandoned.  I guess not.

And it's funny to see more coins for which I own the domains; like 21Coin and potCoin (well, I own GanjaCoin.com).  Lol.

Did you guys see BitcoinWallet.com sold for $250,000 and BitcoinWallets.com sold by the same guy for $200,000.

The smart money has officially moved in and domains are about to skyrocket to the internet boom days.

Wow,  bitcoinwallet.com sold for 250,000... that's impressive.
1987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 06, 2014, 02:37:30 PM
Customers who wrote that interested stakeholders are?
So why people sent their nxt for you?

Check the google spreadsheet on the first post.
but this is not the one who express interest on the website.
i think you should give the all stake list .


There are several tabs,  please look at those tabs.  The email addresses have been obfuscated a bit to protect privacy.
1988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 06, 2014, 12:15:19 PM
The thing is, that is no fair distribution. You should include all the members who expressed their interest in the spreadsheet, and you should make clear how much every one of those who expressed their interest early will get. I speak only for myself, but I am pretty pissed that I can/have to register my email and can/have to spam my colleagues to get more of a stake. The whole concept of fair distribution is that all people have the same chance to get the same amount, not to push people to buy nxt to pay for nex or to spam referral links per email.

Those who have expressed interest here are on the spreadsheet.  We are just at page #16 and there are a lot more.

The concept of fairness here is not for equal distribution since different people contribute different amounts of effort and resources.  The idea is to distribute to as many people possible prior to launch and during launch.   Nxt for example distributes only to 71 people,  right now there are over 300 people in the spreadsheet.

Social media is part of the reality today and we do intent to leverage it to get the word out.

Although NEX is a coin with pseudo-anonymity like Bitcoin it does not intend to support schemes like Zerocoin to support more anonymity.   Competitors like Nxt may want to go in that direction,  which is their nature,  after all, the founder and devs. are all anonymous.   NEX vision is the exact opposite.
1989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 06, 2014, 04:26:14 AM
How many nex will there be?

One for solracx, one for FC and Carlos gets three. Roll Eyes

None for you. Sorry. Tongue

This is not an answer I expected.

At this time, the target is 1 billion NEX.

Ignore the troll, he has nothing really going on in his life.

1990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: descendant of NXT - Imagine Fairness! on: February 05, 2014, 10:48:36 PM
The project sonds a little to socialistic .

How could something for free evolve a value? It it will be ever worthless?

When Bitcoin came out, it was given away free.  

Buying a Pizza for 10,000 BTC, meant that Bitcoin at that time was virtually free.

Value is created because of network effects.



Please see my post above yours. Yes, I totally agree. It's more about psychology than it is inherent worth. Bitcoins are just information. They're not a physical commodity. They don't have to be. We give something value. The value doesn't have to be built in from the start.

The value of crypto-currency is in the networking effects.  When you hoard and not encourage wide adoption, it kills the currency.
1991  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: descendant of NXT - Imagine Fairness! on: February 05, 2014, 10:46:34 PM
The project sonds a little to socialistic .

How could something for free evolve a value? It it will be ever worthless?

Well, all crypto coins are basically worthless. People are what give coins value, not the coins themselves. I hold 10 million of some altcoins and it's absolutely worthless, but if enough people said it had value, by buying it for BTC, or trading it, or using it to buy or sell goods, then it would be valuable.

It being free just negates the coin having a precedent; a value already placed on the coin as a benchmark. The value would be entirely dependent on the market. It's by no means worthless. It depends on market confidence, which depends on the developer's execution of this idea and the people who deal in NEX.

Agree entirely.
1992  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: February 05, 2014, 09:07:39 PM
Regards to my MSC holding, I'd rather not to disclose them because I don't think I need to prove anything. Believe or not is your choice and it affects me nothing. I will only say that I spent more BTC on MSC than on XCP. Moreover, whichever of them succeeds does not matter, I will be happy in both cases. Smiley That's the benefit of diversify.

This. I lol at the MSC fanboys who think by not diversifying they are being loyal or something. The people who hold both MSC and XCP are the ones that win. And right now, XCP has a more developed platform.

If you are thrilled with both MSC and XCP in how they integrate with the Bitcoin blockchain,  you will definitely love NEX.  Check NEX out at www.nexcoin.net , specifications should give you some idea as to where we are going.
1993  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: February 05, 2014, 06:19:30 PM

Edit:  what's your feedback on Luke's web design and the pic I put up?  What do you like and what would you like to see changed or combined?  Thanks.

Vlad's picture:  I don't think we should put another coin's logo (Bitcoin) on our home page.  It will only confuse newbies.  If and when we mention Bitcoin make sure the font is smaller than the word iXcoin.  Luke did ok on that, but I still like Friction's "The First Alternative to Bitcoin" too.

Overall I like Friction's website art and layout the most of the three (compared to yours and Luke's), but Luke has the right idea on presenting a Mission Statement, Philosophy and Principles to the reader in a clear and concise manner.  Friction's site is a bit repetative... Development Fundraising, FAQ, and Download don't ned to be explained on the lower part of the home page.  That's a better place for 1) Mission Statement, 2) Philosophy and Priciples, and our primary design feature 3) User Currencies and Smart Contracts.    

Also on Friction's site, I would leave "iXcoin" clearly spelled out in the upper left.  There's no longer any place on the home page where "iXcoin" is displayed.  It looks cool having the IXC logo's in the different colors below.  I would change how the menus are organized.  Combining Luke and Friction's menu item's, I'd suggest something like this.

Home                Social Hub           News             Services             Downloads           FAQ

Home - home page, name and logo, keep carousel to highlight features, change lower bullets to Mission Statement, Philosophy and Priciples, User Currencies and Smart Contracts

Social Hub - Forum, Facebook, Twitter, Reddit, etc.

News - for distilling and highlighting the most important information for iXcoin users who don't have time to read the social networking sites

Services - to list exchanges and stores.  This info shouldn't be buried in the FAQ's.  This would also be a good place to describe NUDC and Smart Contracts in more detail.

Download - for the latest client and source downloads

FAQ - for all the normal questions and technical info.  Also move Statistics here.


Excellent suggestions.
1994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Levelcoin - Proof of Stake / Proof of Burn Hybrid - Inflation Immune on: February 05, 2014, 06:06:24 PM
Simple bitcoin mechanics is just like email... send and receive. If you release a coin with no added feature, it would not survive in the future.

I agree.  You need to get to the next level.  See specifications of NEX.  http://www.nexcoin.net/?page_id=61
1995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 05, 2014, 05:46:38 PM
Customers who wrote that interested stakeholders are?
So why people sent their nxt for you?

Check the google spreadsheet on the first post.
I saw. What's the difference between those who sent money and those who are interested just wrote?

No guarantee as to how much NEX will be allocated for the latter.
1996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness! on: February 05, 2014, 05:26:30 PM
Customers who wrote that interested stakeholders are?
So why people sent their nxt for you?

Check the google spreadsheet on the first post.
1997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 05, 2014, 05:24:12 PM
How's the weather in St. Petersburg these days?
Why do you think he is from St.Petersburg?

Why do you think he's not?
1998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 05, 2014, 05:07:34 PM
For dump. Emule's deeds don't follow his words, I bet I lose nothing if ignore his further posts.

You loose some fun. Wink

He wasn't funny enough anyway. He is far from FC who has unimaginable potential. I wish more jokers come to this thread.

Thanks for the compliment.  How's the weather in St. Petersburg these days?
1999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 05, 2014, 05:05:51 PM
You? Of course you should not. It's designed for people thinking about secure messaging.

For secure messages I can use OTR for free.

The entire vision behind Nxt is to have the longest feature list among all alt-coins.  

Nxt - "Everything but the kitchen sink".


I guess this is a good time to announce that I plan to sell a Nxt kitchen sink by end of '15.

That could be one of the features in BCNxt 'secret plans' that he has "yet to reveal".
2000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 05, 2014, 04:41:33 PM
You? Of course you should not. It's designed for people thinking about secure messaging.

For secure messages I can use OTR for free.

The entire vision behind Nxt is to have the longest feature list among all alt-coins.  

Nxt - "Everything but the kitchen sink".

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