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2581  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: February 27, 2014, 12:59:01 AM
I hope that I have answered your questions, if not please restate them in the same concise way.
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdGN2bVhwclZxdkNDQXM2b2tiMi1DaXc&usp=drive_web#gid=0

We thank you for your continued patience and understanding.


I finally got a round to viewing this, and I must ask:  WHAT IS THIS GARBAGE?  Did you hack this up in 4 minutes on your phone while taking a shit?  If you're going to make up a bunch of bullshit to try and feed us at least make it plausible.  In what fucking world does a "snapshot of economy"  (whatever the eff' that is) contain solely whole numbers?

$2,000,000.00 ON THE DOT for HF hardware?  BULLSHIT.   What are the real numbers?  Further, if you're going to insist that these are them then I want some transparency.  I want a copy of the sales order posted to prove that this isn't a bunch of shit you pulled out of your ass, which I'm quite sure it is.  Feel free to redact any personal information. 

I lol'd at calculating the value based on cex.io. This isn't a real financial report is it?
2582  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 27, 2014, 12:40:42 AM
Quote
From BA:
27/02/2014 - Production Update
Thank you for posting the update, goozman96.

0.75W/GHs will be about 1.17W/GHs at the wall (80% efficiency on the ASIC voltage regulators, and 80% on the PSU).  That's ~2300Watts for the X3, which is well over what a household circuit can muster.  Little hobbyists like myself are going to have to put half the X3 on one circuit, and half on another.   Cool

I don't think you would have been able to put both rigs on a single circuit even if they had achieved the original 0.6w/gh. Still a bit disappointing although they were never going to be the most efficient miners to begin with. Asicminer 0.35w/gh is impossible to compete with.
2583  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 27, 2014, 12:08:31 AM
Hmmmm 3 blocks in last 36 transactions.  total speculation but do we have new chips running or just EXTREMELY lucky today? - https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

Nice observation... probably just luck... but one can hope Smiley

At a supposed 60 TH/s, the variance must of been extreme to find those 3 blocks by chance. March is coming around, it's about time for another announcement.

iirc gen3 datacenter will be 1ph once filled with new chips. 3 blocks is nothing compared to what it will be with 1ph.

I think its impossible to go from tapeout to working miners in ~10 days.
2584  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 26, 2014, 09:07:39 AM
Hopefully we'll get an announcement soon. After the failure of gen2, you would expect vital lessons would have been learnt for production of gen3?

Buying some shares now could be a good punt.

Gen2 is not a failure, Friedcat just weren't satisfied the power consumption of gen2 considering the strong competition in the near future. So just skip gen2 to gen3 for the benefit in the long term.

It was only a failure compared to gen3. If gen2 was not skipped we would have probably seen bitmain-like devices but that would also likely have delayed gen3.

I think it was a good choice to skip gen2 since gen3 will destroy the competition sooner.

0.2w/$1/gh is unbeatable.

the consumption power will be higher than 0.2w/g ,maybe 0.4w/g.  But still unbeatable.


Forgot 0.2w/gh is for low power mode which we probably wont need for a while. Still impressive and will be useful in the long term.

Actual specs according to FC

Quote from: friedcat
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage
2585  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 26, 2014, 08:50:21 AM
Hopefully we'll get an announcement soon. After the failure of gen2, you would expect vital lessons would have been learnt for production of gen3?

Buying some shares now could be a good punt.

Gen2 is not a failure, Friedcat just weren't satisfied the power consumption of gen2 considering the strong competition in the near future. So just skip gen2 to gen3 for the benefit in the long term.

It was only a failure compared to gen3. If gen2 was not skipped we would have probably seen bitmain-like devices but that would also likely have delayed gen3.

I think it was a good choice to skip gen2 since gen3 will destroy the competition sooner.

0.2w/$1/gh is unbeatable.
2586  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 25, 2014, 10:54:48 PM
For all the Havelock folks - realize that you run the same risks as the guys who kept BTC at MtGox:
It is not wise to keep shares there (or BTC): Use exchanges to buy or sell, not store.
There is a small difference in that FC is able to reallocate to true owner. Whether he does or not is a separate thing.

Not if the shareholder list is private. Unlike bitfunder, havelock could technically go rogue and disappear leaving everyone out of luck.

Is there any way to publicly verify shareholdings with havelock?
2587  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 25, 2014, 07:08:12 AM

Nope! That's all Virisilicon correspondences, not GF.

Does it really matter though or are you just fishing for something to create fud?

Bitmine uses verisilicon/global foundries and are now shipping

Blackarrow has a confirmed contract with verisilicon. What more verification do we need that its not a scam?

I would think it would be counterintuitive to rake in several million usd in investments and proceed to spend a few million on tapeing out a chip so you can maybe convince a few more people to preorder before you run.

Why not just jump ship as soon as they had a few million in preorders?
2588  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 24, 2014, 11:39:05 PM
Guys, let's get serious... there is a > 90% probability in my opinion that we will see additional delays. These guys are not pros like the KNC/OrSoc team and the chance of them being able to get everything right on the first try is quite small. Not zero mind you, they might get lucky... Sorry to be such a downer here but if you honestly believe they will deliver on April 30/May 1st you're likely to suffer another disappointment.

The good news is that by that time we've all probably moved on to the acceptance phase so this will not come as a shock anymore... two months will work wonders, you'll see!  Grin


Probably right. Bitmine (who also used VS/GF to manufacture chips) took 4 months from tapeout to shipping. I would guess that blackarrow has more experience producing hardware/asics so its possible they ship in ~3 months.
2589  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 23, 2014, 10:19:49 AM
All the companies - ButterflyLabs, CoinTerra and HashFash - had overpromised on delivery times. However, they were transparent in their business operations. They directors and staff were known and revealed. The have attended trade shows and had been interviewed and reported by journalists. On the contrary, the people at Black Arrow hides behind a shield. I even saw a message that Matt of Black Arrow was telling Phinnaeus Gage that he refuses to reveal his real name.

Ah yes I forgot weekly updates from blackarrow is definately "non-transparent".

Quote
HashFast is now clearing Batch 2, 3 and 4 of the Baby Jets, expected to complete by end of March.

CoinTerra is now in production of the TerraMiners and will company by April/May.


Where were you 1 month ago when cointerra and hashfast were both ~3 months behind schedule? My guess is you didn't know about bitcoin back then.

Neither CT or HF have actually attended any trade shows prior to completing an asic.

Quote
YES, BFL, CT and HF are currently the GOLD STANDARD in mining hardware. Absolutely. Black Arrow will just turn out to be a 100% confirmed scam soon...

Basically proving my point you are new to the bitcoin mining game. Even PG would agree that not only are those 3 companies NOT the gold standard, they are the absolute worst companies that have delivered asics (cointerra is not so bad in my book actually)

Quote
Quote
BA has advertised 0.6gh/w for the chip alone. So that equates to around 1000w per TH for the complete miner.

Prospero X-3 consumes only 1,050 W for 2 TH/s. None of the proven legitimate companies - CoinTerra, HashFast and ButterFly - with track-record (both good and bad) has achieved this. So, Black Arrow must have hired super-engineers from space.

First off as the post before you states, a prospero will consume around 2000W for 2TH. And that is beside the fact that 1000W for 2TH is more than possible if asicminer can achieve 0.2W/GH on a 40nm chip where as BA is using 28nm.

Quote
Quote
Btw asicminer next gen 40nm chips will be 0.2w/gh. Does that make you skeptical?

Yes, from which company?


Asicminer. You might not have heard of them being so new to bitcoin. They (having invented bitcoin asics) are the real gold standard along with bitfury/KNC/bitmain.

BA is surely a gamble but its about time you stop grasping at straws in an attempt to prove its a scam. Its not like anyone is thinking about preordering an asic with bitcoin prices so low. Anyone thinking about buying from BA now would be better off waiting for them to have miners in hand.
2590  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 23, 2014, 09:50:37 AM
Quote from: blackarrow
the PSU has been upgraded as well. We expect that 1400watt running at 80% load (for maximum efficiency) for 10 minions to yield 1200-1400 Ghash.

So 2.8th/2800W per prospero x-3
2591  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 23, 2014, 07:42:01 AM
BTW, one more thing... Both HashFast and CoinTerra cannot produce performance-per-electrical consumption that Black Arrow claims they could. So, I'm getting even more skeptical...

CoinTerra TerraMiner @ 2 TH/s consumes 1,650 W
HashFash Sierra Evo 3 @ 2 TH/s consumes 2,200 W

... as for Black Arrow Prospero X-3 @ 2 TH/s, they claim 1,050 W. Either this is a blaten lie and scam, or they have super engineers.

Why are you so dedicated on spreading misinformation?

Both cointerra and hashfast have had much longer delays than BA and underperforming hardware. It is a bit hilarious you seem to think bfl/ct/hf are any sort of gold standard when it comes to asics.

BA has advertised 0.6gh/w for the chip alone. So that equates to around 1000w per TH for the complete miner.

BA has just announced successful tapeout confirmed by verisilicon. Care to comment on this?


Btw asicminer next gen 40nm chips will be 0.2w/gh. Does that make you skeptical?
2592  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 23, 2014, 05:59:23 AM
BTW, if you're interested in buying mining hardware, have you checked out HashFast's new Sierra Evo 3 and CoinTerra's new GSX I PCIe Card?

http://hashfast.com

http://cointerra.com

You are kidding right?
2593  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 20, 2014, 11:23:04 PM
Oleole and pg back for another butthurt rampage?

Trolls gon troll.

Being that I'm not a violent-type person, where would you like to meetup so that I can gently stick a broomstick up your ass?

~Bruno Kucinskas (real name)

I am actually quite happy not being butthurt thank you for the offer though.

Is that what you and oleole do all day when your not trolling/circle jerking eachother? Explains a lot.
2594  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 20, 2014, 11:01:30 PM
Oleole and pg back for another butthurt rampage?

Trolls gon troll.
2595  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 18, 2014, 08:36:04 AM
the dz co op has always been good to me and i invested around 7 btc or so . If weed is legal than why is it such a big deal for you. I would trust him even more if he had a legal grow op that would mean he has to stay put ( you only get paid every 3 months) and that he has a second income.

I think he thinks the hookah = weed

Either way doesn't matter.
2596  Bitcoin / Mining speculation / Re: The Bitcoin ASIC Arms Race on: February 18, 2014, 05:01:41 AM
I voted Asicminer. AM have been proven that they can take a large share of the market. In the end all will be depend on timing.

I agree with asicminer and here's why: If they can make a 40nm chip that is equal or more efficient than knc 20nm, how much better will an asicminer 20nm chip be?
2597  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 18, 2014, 02:24:08 AM
Whats up with your obsession with bobsags smoking? People smoke.

I wouldn't care if he was smoking meth as long as he provides a good service and does what he says.
2598  Other / CPU/GPU Bitcoin mining hardware / Re: What do you think??!http://minerscube.com/shop/ 1BTC X 1TH/S FAST 20 nm on: February 18, 2014, 01:23:35 AM
Total scam.

Never pre-order from these kinds of sites, unless you want to pre-order a fancy CGI render.

You call that a fancy render? Looks more like a speaker with a logo photoshopped (maybe MS painted) on top.

My favorite part: 15TH Power consumption: 2475 watt (0.165 per GH) (wow 5 times as efficient as KNC 20nm!)

Don't forget overclocking (what kind of power supply does this thing have? 5000W?)

In all seriousness nobody actually believes this shit right? Scammers are getting lazy.
2599  Economy / Scam Accusations / Re: Black Arrow is most likely a scam operation on: February 17, 2014, 02:29:06 PM
goozman96, I've read the matter regarding the correspondence with VeriSilicon. It is not fully convincing.

First, the lady in the US office said they would never release any information regarding their contract with their clients. Then, why did the China-counterpart released the information?

Secondly, let's assume that all the people from VeriSilicon (Robert, Zheng, etc.) are real, they only revealed to you there is indeed a client called Black Arrow. They did not reveal the size of the contract. If Black Arrow is indeed pulling off a massive scam, they can do a real contract with a reputable company (ie. VeriSilicon) and order/purchase a small amount.

You simply don't understand how this works. You cannot "order a small amount". You pay millions of dollars to tapeout a chip and regardless if you make 1 chip or 100000. NRE is like 90% the total cost.

And to answer your first question it is probably because he tried contacting an american receptionist instead contacting someone from the chinese department. You can email them if you don't believe goozman.
2600  Bitcoin / Mining speculation / The Bitcoin ASIC Arms Race on: February 17, 2014, 10:29:21 AM
We are currently in the middle of an asic technological arms race.

Companies are fighting to have the most efficient miners for the best price while shipping the soonest with the least bullshit.

As of writing this, bitmain has the biggest gun in the fight with the antminers. Bitfury, knc, avalon, and the secondary companies (HF/CT/BA/BM/ActM)* have chips that will compete with bitmain antminers but they cannot produce them at the same rate and low price like bitmain do. *have yet to ship or prove themselves

Future asics include but are definitely not limited to kncminer neptune and asicminer which will destroy any and all current tech asics. Chip estimates are 0.6gh/w for asicminer* and 0.7gh/s for knc compared to bitmain antminers at 1.6gh/w.      *rumor

Can't forget about avalon and bitfury. Avalon will surely release a next gen chip but I have not heard anything about either. Seriously where do they post their news?

And then theres BFL who will (imo) still be there in the end pumping out the same crap and selling to the never ending waves of bitcoin noobs.

Vote if you think.
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