What is wrong with you people? Did you read pierred's last post?
Note that pierred has never reporting even receiving a 4th board. Let's assume he did. Can you do basic math? How many 40 GH/s boards does it take to reach 192 GH/s?
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However, where are the defrauded customers?
pierred 192GH/s miner only hashed at 120GH/s.
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There is one court case against BFL and one also against Hashfast. The point that Croppo is trying to make is that AMT is a scam. Even after they've delivered miners to folks, even after they are endorsed by the chip manufacturer. Sure they are sloppy, but Bitmine.ch is also very sloppy.
They are also misrepresenting the power consumption, and who knows what else. http://advancedminers.com/bitcoin-mining-hardware/1-2ths-bitcoin-miner/Power Usage 600w – 900w
We all know this is not true!
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They also paid off a pool, im guessing ghash.
Look at who relayed the blocks to get an idea (although not proof) if a pool is in on it. Relayed by BTC Guild. Relayed by GHash.IO. How about the rest?
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Can someone explain how the malleability problem is manifest?
I thought Gox like other waited for 3x confirmations in the Blockchain before acknowledging transfers into or out of a Gox account?
Gox creates a withdrawal and makes note of the TXID. Then, before it is included in a block, someone else changes the transaction such that only the TXID changes, but the transaction is still the same. When the new TXID gets included in the blockchain, the customer who requested the withdrawal claims they never received it. But they actually did! Gox looks up the old TXID and doesn't find it, so they create a whole new transaction and send another withdrawal to the customer. The customer has now been paid twice!!! This is solely Gox's problem because they do not correctly track transactions.
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Don't worry, the amount of attempted double spends is irrelevant.
Just trying to find out if the exchange I am using will go bust ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Malled transactions cannot steal coins. MtGox is losing coins because they are allowing customers to perform a withdrawal, claim they never received it, and then MtGox manually sends them a new withdrawal! Does your exchange do that?
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I am focusing. 1kW 1TH is good to focus.
It's been easily done with Bitfury boards since last August.
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Advanced Mining Technologies is the official name. Says so in DNS and Delaware registration.
It is likey their mistake on the website. But given how sloppy they've been, I would not be surprised!
Ok, where's their PA registration? Anyone doing business in PA is required to register their business as such. It doesn't matter where they are incorporated. Are they doing business in PA illegally?
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I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..
It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.
I've been waiting 4 months for this promised "levelling off" to occur. Dude the hashrate is about to level out for a bit not, continue growing like this for a while.
Difficulty in Oct: 250M Difficulty in Feb: 2600M 10x increase! Anybody claiming the difficulty is going to level off in the next few months is an idiot.
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It was NOT a fully functioning miner as it was hashing over 20% below the current models being shipped
If it can mine bitcoins successfully, then it is fully functioning. In addition, using your logic, there are numerous people on this board who have been 'paid off' by being given a unit they did not pay for.
Yes there are. I do not trust them to give unbiased reports. I do not read product reviews from reporters that accept gifts due to the conflicts gifts cause. I personally think you are bitter that you weren't one of the lucky ones. Jealousy is such a terrible thing to hold onto, maybe you should see a councilor.
You are right in one thing, I haven't been given any gifts. Jealous? Not a bit. I've been mining since long before BFL even existed. I don't need gifts.
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Oh, I am listening. The problem isn't with the doors (as far as we know). Had it been the doors, a wall wouldn't help.
Yes, that is the problem. Gox built their doors out of rice paper. People are walking right through them. Gox has a flawed implementation. They allow customers who have already received a withdrawal to claim they didn't, and Gox will send them a new withdrawal!
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You mean this contract? Delivery Terms9.1 The Products are delivered to the delivery address specified by the Purchaser, unless otherwise agreed. The delivery date is provided for information purposes only and shall not be binding on Us. The Purchaser is not entitled to refuse acceptance of the Products, withdraw, cancel or revoke the order or make claims for compensation due to any delayed delivery. 9.2 Where delivery is delayed due to any of the circumstances constituting force majeure in accordance with "Force Majeure" below or due to any act or omission by the Purchaser, the delivery period shall be extended by such a period as is reasonable in light of the circumstances. The delivery period shall also be extended where the cause of the delay arises after the expiry of the originally agreed delivery period.9.3 If the delivery is prevented due to the Purchaser’s negligent acts or omissions, the risk for the Products shall pass to the Purchaser on the date when the Products were ready for delivery.
Yup, that's the first half. Here's the other half: http://www.business.ftc.gov/documents/bus02-business-guide-mail-and-telephone-order-merchandise-ruleIn seeking your customer’s consent to delay, the first delay notice you provide to the customer (the "delay option" notice) must include: ... a statement that, if the customer chooses not to wait, the customer can cancel the order and obtain a full and prompt refund;
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OK, let's try a little experiment.
Suppose you're in charge of the London Underground, and you're having the slight annoyance of an occasional passenger being run over by a train.
You could:
1. play a recording saying "Mind the gap" every ten seconds or 2. put a wall with sliding doors between the platform and the train.
Which one would you choose?
You're not listening. MtGox built their own subway with flawed doors. Only MtGox can fix those doors.
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I'm not saying Mt. Gox are the good guys here (they clearly screwed up), but shouldn't Gavin Andresen have accepted some responsibility?
How could he? The flaw is in MtGox's closed-source implementation and customer service policies. Not Bitcoin.
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Granted, this thing is claimed to sucks less power
FTFY. We all know BFL doesn't know how to estimate power usage.
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The problem is not accounting for delays in calculation. If you think you can preorder an asic then cancel your order when its no longer profitable(you think) then you should NOT be preordering an asic in the first place.
WRONG. A pre-order purchase is a contract. BA made a commitment to deliver on a specified date. If they cannot meet that date, their customers deserve the right to cancel that contract due to BA's failure to deliver. Especially in the US, it is the law.
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The X1 & X3 are going to be fantastic. And that's just the beginning.
Which miner would you buy? A) $5/gh delivered next week B) $3/gh delivered in three months @ the current BTC prices none. this is sad, but true! Which is even more proof. The X1 & X3 cannot be "fantastic". Being so late makes them horrible.
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