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So now with BTC rising a bit in value its 2.5GH/s@130W raised from the IPO or 50BTC generated at today's difficulty rates for £10 electric. I could probably get the deposit refunded if this is against the views of most share holders and he has offered to pay the import tax of the BFL-Single ordered out of his own pocket if they won't refund.
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you should do a motion
I vote for the BFSingle, just another 2 or 3 weeks till they deliver
2xBF single
1x New board
You're making the assumption that BFL will deliver in the 4-6 week timeframe but it seems to me that they haven't really been meeting this estimate. From what I've read, it actually seems like 8-12 weeks, but I suppose there is a chance that they'll meet the deadline. The new company has promised me to have it delivered with four weeks and also give me twelve months warranty beating BFL six months. So used up all funds including the import duty funds of the BFL as a deposit 75BTC in total (valued at £250 or $390) and asked for a refund from BFL. My friend the CEO of the new company as offered to pay the import duty of the BFL if they won't refund. The new company is going public very soon (I have been working on there website and will probably be acting as UK/EU reseller) they are just finalising on the best price they can offer but I should receive mates rates and the first board for sale. |
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So the whole IPO would generate about 1.6GH/s at 90W instead of 2.5GH/s at 250W. The new plan would give us 1.6GH/s@17.7(MH/s)/W the old plan 2.4GH/s@10(MH/s)/W a very tough call!
Although it would generate 1.6GH/s@17.7(MH/s)/W but we would have funds raised from the IPO towards the third board from this new company and once the IPO is over I'm putting in a motion to save 2/3rds of profits towards expansion until we reach 10GH/s then re-evaluate the expansion strategy. My preference is to switch to the new company for two reasons. First, we could actually have hardware mining in 4-6 weeks instead of waiting on BFL. Secondly, the hardware would be more efficient and we should do what we can to minimize our monthly expenses. OK I agree even tho the IPO will now only raise 1.6GH/s then instead of 2.5GH/s we'll have money towards new company's board #3 and we'll have a lower electricity bill. So I'll speak to the owner of this new company and see if he can confirm within four weeks for dispatch (he is testing prototypes) and as long as it beats BFL warranty then'll I'll ask BFL for a refund of £449.15($687) PayPal payment and we have nearly 70BTC as well to play with that has so far been raised. If BTC exchange rates treat us kindly we could still have enough IPO funds raised to buy three of the new boards keeping us at 2.5GH/s but at only half the electricity rates so the electric bill from 2.5GH/s would only be £10 a month from three of these new boards run off a RaspberryPi even tho at todays difficulty rates we'd be making 50BTC a month. |
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I've been offered a product very similar to the BFL but uses only half the power and should cost less than $1000 the company will be going public very soon. Shall we work towards that instead of BFL unit two or even ask for our money back from BFL to order this new product. It would probably be delivered around the same time as the first BFL we have ordered and we shouldn't have to pay import tax. What do the current shareholders think continue with the plan of getting three BFL-Singles, or work towards the new similar unit but at only 40W half the BFL power consumption with the rest of the IPO funds, or ask for a refund from BFL to purchase the new board? As BFL haven't even give us a shipping date so will have plenty people wanting our reserved board if we did go for a new refund to get the new unit which runs at only 40W half the power of the BFL for the same MH/s rate but will cost up to $100 then we would have first choice on the the fist delivery. The new company are just burning in there prototype and building a business plan before going public very soon but the CEO is a close friend so could make sure we get one as soon as the company goes public very soon.
I do think that BFL has a good product based on what they have delivered, however the constant delays in manufacture and shipping are a big concern to me. I'd really like to get a better idea of the specifications of the alternative hardware, but if we can get something comparable in price and efficiency, and actually receive it in 4-6 weeks I would be for it. The longer that we have to wait for hardware, the longer it will take to generate dividends. I know the new company's CEO very well so we are guaranteed one of the very first for sale units which he has told me should be ready within four weeks. It's about the same hash rate of the BFL-Single at 800MH/s but only half the wattage at 40W although costs a bit more at up to $1000 (tho should be less than that [mates rates and all that  ]) but we wouldn't have to pay around £100 ($157) import duties. So the whole IPO would generate about 1.6GH/s at 90W instead of 2.5GH/s at 250W. The new plan would give us 1.6GH/s@17.7(MH/s)/W the old plan 2.4GH/s@10(MH/s)/W a very tough call! Although it would generate 1.6GH/s@17.7(MH/s)/W but we would have funds raised from the IPO towards the third board from this new company and once the IPO is over I'm putting in a motion to save 2/3rds of profits towards expansion until we reach 10GH/s then re-evaluate the expansion strategy. |
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I've been offered a product very similar to the BFL but uses only half the power and should cost less than $1000 the company will be going public very soon. Shall we work towards that instead of BFL unit two or even ask for our money back from BFL to order this new product. It would probably be delivered around the same time as the first BFL we have ordered and we shouldn't have to pay import tax. What do the current shareholders think continue with the plan of getting three BFL-Singles, or work towards the new similar unit but at only 40W half the BFL power consumption with the rest of the IPO funds, or ask for a refund from BFL to purchase the new board? As BFL haven't even give us a shipping date so will have plenty people wanting our reserved board if we did go for a new refund to get the new unit which runs at only 40W half the power of the BFL for the same MH/s rate but will cost up to $100 then we would have first choice on the the fist delivery. The new company are just burning in there prototype and building a business plan before going public very soon but the CEO is a close friend so could make sure we get one as soon as the company goes public very soon.
I do think that BFL has a good product based on what they have delivered, however the constant delays in manufacture and shipping are a big concern to me. I'd really like to get a better idea of the specifications of the alternative hardware, but if we can get something comparable in price and efficiency, and actually receive it in 4-6 weeks I would be for it. The longer that we have to wait for hardware, the longer it will take to generate dividends. I know the new company's CEO very well so we are guaranteed one of the very first for sale units which he has told me should be ready within four weeks. It's about the same hash rate of the BFL-Single at 800MH/s but only half the wattage at 40W although costs a bit more at up to $1000 (tho should be less than that [mates rates and all that ]) but we wouldn't have to pay around £100 ($157) import duties. Got more details about this new FPGA  I am very interested if this is from a UK company or the like. Thanks ! I'm not answering any other posts about this new FPGA company apart from there would be units shipped from the UK so please no more questions. There will be an announcement from them very soon thats all I can say. Thank you posts from shareholders only please about our course of action or I'll have to lock the thread. |
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I've been offered a product very similar to the BFL but uses only half the power and should cost less than $1000 the company will be going public very soon. Shall we work towards that instead of BFL unit two or even ask for our money back from BFL to order this new product. It would probably be delivered around the same time as the first BFL we have ordered and we shouldn't have to pay import tax. What do the current shareholders think continue with the plan of getting three BFL-Singles, or work towards the new similar unit but at only 40W half the BFL power consumption with the rest of the IPO funds, or ask for a refund from BFL to purchase the new board? As BFL haven't even give us a shipping date so will have plenty people wanting our reserved board if we did go for a new refund to get the new unit which runs at only 40W half the power of the BFL for the same MH/s rate but will cost up to $100 then we would have first choice on the the fist delivery. The new company are just burning in there prototype and building a business plan before going public very soon but the CEO is a close friend so could make sure we get one as soon as the company goes public very soon.
I do think that BFL has a good product based on what they have delivered, however the constant delays in manufacture and shipping are a big concern to me. I'd really like to get a better idea of the specifications of the alternative hardware, but if we can get something comparable in price and efficiency, and actually receive it in 4-6 weeks I would be for it. The longer that we have to wait for hardware, the longer it will take to generate dividends. I know the new company's CEO very well so we are guaranteed one of the very first for sale units which he has told me should be ready within four weeks. It's about the same hash rate of the BFL-Single at 800MH/s but only half the wattage at 40W although costs a bit more at up to $1000 (tho should be less than that [mates rates and all that ]) but we wouldn't have to pay around £100 ($157) import duties. So the whole IPO would generate about 1.6GH/s at 90W instead of 2.5GH/s at 250W. The new plan would give us 1.6GH/s@17.7(MH/s)/W the old plan 2.4GH/s@10(MH/s)/W a very tough call! |
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I've been offered a product very similar to the BFL but uses only half the power and should cost less than $1000 the company will be going public very soon. Shall we work towards that instead of BFL unit two or even ask for our money back from BFL to order this new product. It would probably be delivered around the same time as the first BFL we have ordered and we shouldn't have to pay import tax. What do the current shareholders think continue with the plan of getting three BFL-Singles, or work towards the new similar unit but at only 40W half the BFL power consumption with the rest of the IPO funds, or ask for a refund from BFL to purchase the new board? As BFL haven't even give us a shipping date so will have plenty people wanting our reserved board if we did go for a new refund to get the new unit which runs at only 40W half the power of the BFL for the same MH/s rate but will cost up to $100 then we would have first choice on the the fist delivery. The new company are just burning in there prototype and building a business plan before going public very soon but the CEO is a close friend so could make sure we get one as soon as the company goes public very soon.
I do think that BFL has a good product based on what they have delivered, however the constant delays in manufacture and shipping are a big concern to me. I'd really like to get a better idea of the specifications of the alternative hardware, but if we can get something comparable in price and efficiency, and actually receive it in 4-6 weeks I would be for it. The longer that we have to wait for hardware, the longer it will take to generate dividends. I know the new company's CEO very well so we are guaranteed one of the very first for sale units which he has told me should be ready within four weeks. It's about the same hash rate of the BFL-Single at 800MH/s but only half the wattage at 40W although costs a bit more at up to $1000 (tho should be less than that [mates rates and all that ]) but we wouldn't have to pay around £100 ($157) import duties. |
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We can either continue with the plan for 3 BFL-Singles, or one BFL and one of the new units same hash rate as BFL but only half the wattage, or we can ask for a full refund to purchase the new board at the same hash rate of the BFL but half the wattage then with the rest of the IPO by another of these new boards. It would lower us from 2.5GH/s but would also lower the company's (GH/s)/W therefore increasing profits. The new company's board is just being burned in and they are just finalising their business plan before going public but we could receive a board of them within four weeks off them if we cancel the BFL order and get our money back. What do the current shareholders think 3xBFL, 1xBFL & 1xnew board or 2xnew board?
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I've been offered a product very similar to the BFL but uses only half the power and should cost less than $1000 the company will be going public very soon. Shall we work towards that instead of BFL unit two or even ask for our money back from BFL to order this new product. It would probably be delivered around the same time as the first BFL we have ordered and we shouldn't have to pay import tax. What do the current shareholders think continue with the plan of getting three BFL-Singles, or work towards the new similar unit but at only 40W half the BFL power consumption with the rest of the IPO funds, or ask for a refund from BFL to purchase the new board? As BFL haven't even give us a shipping date so will have plenty people wanting our reserved board if we did go for a refund to get the new unit which runs at only 40W half the power of the BFL for the same MH/s rate but will cost up to $1000 then we would have first choice on the the fist delivery. The new company are just burning in there prototype and building a business plan before going public very soon but the CEO is a close friend so could make sure we get one as soon as the company goes public very soon.
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Logins down again  |
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Wrong. The fund has touched those numbers during the first weeks, but then matthew scared anyone and withdrawals flowed plentiful.
Sign of a true professional. Ignoring that he's unprofessional, shady, anonymous and risky and then blaming his failures on someone else. I'll be posting a guide on the website about how to reclaim coins deposited for those who want to back out.
Case in point: Holding people's money hostage and making them jump through hoops to get it. Wow. You, again. What did you add this time ? enlight us please. Why is the website letting people sign up but not sign in? |
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I'm going to wait and see if he starts to return coins... then i will put ALL MYBITCOIN in bitscalper because i want some free money too!  let it go man, let it go
No way dude maybe 1BTC and its not really free money if you have to lay it out but saying that it does seem too good to be true? Unless he is creaming a large portion off the generated profits? Also one bot or one bot system will get too big for the market sooner or later! |
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MODIFICATION OF THE BOT NEEDED
Offering 0.5BTC reward to whoever will modify the bot as follows and post it as an installable extension:
- Interval: 10 minutes (VWAP based preferred)
- EMA intervals freely configurable from 0 to 200
- calculation over the last 250 timeframes
You should just request it for free, offering 0.5BTC is just showing absolute disrespect to anyone capable of modifying the code. sorry if you feel that way. There has been lots of interest in this bot by people who can't hack so maybe they should also chip into the pot to make the bounty reasonable as I understand anyone who would donate 20BTC+ to have this bot upgraded would probably just buy their own bot. So maybe other people who are interested should chip in so a reasonable bounty can be offered as it can be used by anyone. |
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I think it does seem like very poor service but he says he is trying to return the funds unless he just buying more time to suck in more BTC as it looks like the site is still accepting deposits or is the service currently operational for new deposits if so for how long |
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The Raspberry PI runs 5V@700mA, using a standard microUSB charger.
The memory is directly situated above the CPU, and so thermal management will play a significant role, else you really will have a dried (straw)berry.
marked
So it will cost me less than £1 a week to run 24/7  Do you have any idea of its LTC hash rate yet? |
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It may be profitable as a CPU miner on Litecoin especially if the LTC price rises a bit?
lol I think there's a better chance of Satoshi Nakamoto trying out for American Idol (and winning) Yeah but it may turn out as the most profitable LTC CPU miner for (kH/s)/W and if the price rises then it could become actually profitable? Or if your just mining LTC for fun/speculation it maybe the cheapest and most efficient pieces of hardware for the job. At £30 and 5W(I think) then it's a cheap hobby/speculation. Is litecoin profitable somewhere in the world? Yesterday I did some tests and calculations for my Q6600 (intel quad core@2400MHz), if my calculations are right I use 1 euro/day electricity and when I change the litecoin for bitcoin and sell them I get 0.01 euro/day back. If the raspberry pi would get the same hash/sec (I doubt it) and work with 0.2Watt I would break even. I should have said and meant the most efficient piece of hardware not most profitable. If the RaspberryPi is only 5W it would cost me less than £1 a week in electric to run it 24/7. If it can nearly reach or beat 3kH/s I might buy one to mine LTC give it a few years and LTC will either be defunct or worth 0.1BTC each not sure yet. At £30 to buy and a £1 a week to run I wouldn't be loosing much anyway on my hobby/speculation/gamble. |
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It may be profitable as a CPU miner on Litecoin especially if the LTC price rises a bit?
lol I think there's a better chance of Satoshi Nakamoto trying out for American Idol (and winning) Yeah but it may turn out as the most profitable LTC CPU miner for (kH/s)/W and if the price rises then it could become actually profitable? Or if your just mining LTC for fun/speculation it maybe the cheapest and most efficient pieces of hardware for the job. At £30 and 5W(I think) then it's a cheap hobby/speculation. Is litecoin profitable somewhere in the world? Yesterday I did some tests and calculations for my Q6600 (intel quad core@2400MHz), if my calculations are right I use 1 euro/day electricity and when I change the litecoin for bitcoin and sell them I get 0.01 euro/day back. If the raspberry pi would get the same hash/sec (I doubt it) and work with 0.2Watt I would break even. I should have said and meant the most efficient piece of hardware not most profitable. |
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It may be profitable as a CPU miner on Litecoin especially if the LTC price rises a bit?
lol I think there's a better chance of Satoshi Nakamoto trying out for American Idol (and winning) Yeah but it may turn out as the most profitable LTC CPU miner for (kH/s)/W and if the price rises then it could become actually profitable? Or if your just mining LTC for fun/speculation it maybe the cheapest and most efficient pieces of hardware for the job. At £30 and 5W(I think) then it's a cheap hobby/speculation. |
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MODIFICATION OF THE BOT NEEDED
Offering 0.5BTC reward to whoever will modify the bot as follows and post it as an installable extension:
- Interval: 10 minutes (VWAP based preferred)
- EMA intervals freely configurable from 0 to 200
- calculation over the last 250 timeframes
I'll add 0.5BTC if you make the EMA configurable from 200 to 0 to 200 and make the time Interval adjustable from 5/10 minutes up to 24hrs. |
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