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2501  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 28, 2014, 06:11:11 AM
I bet that's a function of a website template. Also, it is possible for a company named X to do business as Y (i.e., a brand).  For example, "Dunkin' Donuts" is a brand name that lots of franchisees do business as. No big deal.

Yeah, and you need to officially register a DBA if you're going to do that. This is not optional.
2502  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 28, 2014, 06:02:03 AM
nTek Computers is a new brand of RevUp Render, Inc. www.revuprender.com

"Copyright © 2014 nTek Computers"

How does a "brand" copyright something? I strongly suggest you stop implying nTek is a company and make it right. I don't think Virginia will approve of how you are doing business.
2503  Other / CPU/GPU Bitcoin mining hardware / Re: PSU for over-clocked (200GH) Antminer on: January 28, 2014, 05:47:13 AM
So i connected the PCI-E cords from the power supply to the 2 board and no power. Is there a set-up guide somewhere, or did someone already ask about setting up an Antminer somewhere on the forum? I could provide pics if someone is willing to help. I thought the miner would be ready to go out of the box. 

How did you switch on the power supply? There are setup threads in the Custom Hardware subforum.
2504  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 28, 2014, 02:08:17 AM
Getting back on topic, this looks like very good news for Knc and the Neptune. TSMC is a month ahead of schedule and has started mass production of 20nm chips.

http://www.xbitlabs.com/news/other/display/20140116220015_TSMC_Begins_Volume_Production_of_Chips_Using_20nm_Process_Technology.html

That is good news. KnC might be able to ship in Q2 if all goes well.
2505  Other / CPU/GPU Bitcoin mining hardware / Re: Announcing NEW 3TH/s and 5TH/s 20nm Bitcoin Miners on: January 27, 2014, 11:47:52 PM
Perhaps we should concentrate on caching the scammers, so we don't have to fill the thread with posts that are just slowing us down by accusing the victoms of being the perpetrators and other idiotic comments.

Ignore the haters, but pay close attention to the sceptics. There are a lot around here, for very good reason. Now you really know why a lot of people give the hardware vendors a hard time. So often they fail and/or are purposefully scamming people.
2506  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 27, 2014, 11:34:35 PM
MPP will ship when Difficulty is 400% higher. Wink

 Cry

MPP started Oct 30. Add 90 days and you get Jan 28th! MPP tomorrow!
2507  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: January 27, 2014, 11:25:46 PM
When 1.6GH of ANTMINERS take 3.2KW and 1.6GH of Cointerra takes 2.1KW you begin the realize the whole 28nm vs 55nm debate is next to pointless.  The cost of the box and its useful life makes worrying about the relative power draw the least of the problems.  To be fair the cost for ANTMiners was quite a bit higher in the beginning, but the last couple weeks it was only 15.2BTC (~$12K) for 1.6GH of ANTS which could already be mining TODAY.
For larger miners that 1000 watts still adds up though, big time farms for 2014 really will have to be built on 28nm hardware to be competitive.  If you want 20Thash of Antminers you're going to be spending a TON more money on electricity, it's not insignificant for larger farms.

At $.15/kwh that's $1314 per year. 1.6 TH/s generates that in under 5 days.

But if you're worried about power draw, you're better off using Bitfury chips until someone comes along with a more efficient chip. No one has shown a 28nm chip with better power drawn that Bitfury's 55nm chip.
2508  Bitcoin / Hardware / Re: CoinTerra Update: Engineering and Production status on: January 27, 2014, 11:15:33 PM
actually. lets put this in terms that are easier to compare...   do we prefer CT try to be more like KNC... and deliver quickly to customers...

Did you really just compare CT with KNC? KNC delivered 2 weeks late with 50% greater hashrate. Customers were fairly compensated.

CT is delivering 2 months late, at -20% hashrate. Ouch!!!
2509  Bitcoin / Hardware / Re: CoinTerra Update: Engineering and Production status on: January 27, 2014, 09:12:33 PM
If they shipped the expected 2000GHs now, started mining in Feb '14, and took the default assumptions on the website, you'd be looking at a lifetime cumulative return of $9190.  I know, this is a completely fictional number, but we have to start somewhere.  http://thegenesisblock.com/mining/a/ac1fbf2676

Sadly, reality happened.  They are shipping 1800GHs now, so you can start mining in Feb '14.  Lifetime cumulative return of $7510.  http://thegenesisblock.com/mining/a/9090810af2

You're down about $1700, but you're still very profitable.

Batch 1 might start mining Feb '14. Those cost $15,750 and are thus going to be a huge loss due to the delay. Who knows when Batch 2 will ship.
2510  Economy / Service Discussion / Re: Butterfly Labs Nimbus Cloud Mining Service $40 a GH on: January 27, 2014, 04:02:34 AM
Who owns Nimbus?

Good question. Who is Nimbus?

http://www.nimbusmining.com/terms
Quote
NimbusMining LLC.
20201 E Country Club Drive, Suite 1502
Aventura, Florida 33180

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResults/EntityName/NimbusMining/Page1
Quote
nada

No "NimbusMining LLC" registered in Florida.

http://www.zillow.com/homedetails/20201-E-Country-Club-Dr-APT-1502-Aventura-FL-33180/64664531_zpid/

Million dollar condo. Nice. I guess that $40/gigahash business is paying off very well!
2511  Economy / Scam Accusations / Re: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan on: January 27, 2014, 02:27:33 AM
Did these scammers ever fulfill their promise of donating 1,000 BTC to charity?

They donated a small portion of it to charities. They rest they "donated" to themselves.
2512  Economy / Service Discussion / Re: Butterfly Labs Nimbus Cloud Mining Service $40 a GH on: January 27, 2014, 02:22:16 AM
This is NOT a BFL product for sale

Correct.

therefore BFL is not selling it

Incorrect. BFL is obviously selling it, on their website, using their own shopping cart,  and the payment goes straight to BFL. By all definitions BFL is selling the product.
2513  Economy / Speculation / Re: January 31st, Will China ban exchanger's bank transfers funding methods? on: January 26, 2014, 09:48:55 PM
...10th post of spouting crap...

/ignored.
2514  Economy / Speculation / Re: Malcolm Casselle:“Banks could not perform withdraws for the purpose of Bitcoin p on: January 26, 2014, 09:07:32 PM
Quote
Malcom: “So that’s the current state in china ... you’re not allowed to deposit money into your Bank account for Bitcoin.”

What does that mean? I understand *withdrawing* money from your bank account for bitcoins, but how do you *deposit* money into a bank for bitcoins? Do banks now sell bitcoins?
2515  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: January 26, 2014, 04:05:32 PM
I actually think this likely makes HashFast the most energy efficient miner currently until CT can redesign their board.  Still NOONE below 1W per GH/s at the wall.   (sorry D&T, I know W is not the correct way to measure).

A standard clocked Bitfury rig from MegaBigPower runs 400 GH/s at 350 watts at the wall.
2516  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: January 26, 2014, 07:21:28 AM
The Jupiters are around 1W per GH/s at the wall (more or less depending on the firmware used, ambient temperature, etc.).

Big deal.

KnC, 28nm, 1w per GH/s.

Bitfury, 55nm, .9w per GH/s.

KnC's chip is nothing to brag about.
2517  Other / CPU/GPU Bitcoin mining hardware / Re: Announcing NEW 3TH/s and 5TH/s 20nm Bitcoin Miners on: January 26, 2014, 04:28:12 AM
the site says they use a common(shared) R&D facility, so I'm assuming same for chips

Read their claims carefully.

5) As we have stated, we have been developing the ASICs in house for the past year. Our 20nm microprocessors are built here in the UK. We do not use an external foundry.

You really believe they have a secret 20nm foundry?
2518  Other / CPU/GPU Bitcoin mining hardware / Re: Announcing NEW 3TH/s and 5TH/s 20nm Bitcoin Miners on: January 26, 2014, 03:55:27 AM
Just because no one previously had a 20nm fab facility, does not mean that one has been built or is being built now.  Of course if one was being built it would certainly be kept secret, until the announcement.

If there is a secret 20nm fab, it sure as hell isn't CMS's.
2519  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: January 26, 2014, 12:38:55 AM
that's a terrible effort by the PROS OF ASIC with a design FROM THE GROUND UP!!  (not just some slapped together KNC rush job)

I run two jupiters with two expansion boards overclocked mildly ~1.5Th @ 1800watts at the wall
so the big scary clownterra is doing basically the same as my rigs but 4 months after KNC 


 Tongue CLOWNS  Tongue

Compare both to Bitfury's 55nm chip well under .9 watts per GH/s at the wall and the C in KnC stands for clown also.
2520  Bitcoin / Hardware / Re: CoinTerra Update: Engineering and Production status on: January 26, 2014, 12:26:43 AM
The production units that we have assembled and tested so far are running at between 1.63TH/s and 1.72TH/s with power draw at the wall between 1900W and 2100W – typically 20% higher than our anticipated target of 1650W

20%??? What happened to:

The chip will consume less than 300w, for a performance of 504 Gh/s.

Sounds like you missed the power target by quite a bit more than 20%.
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