ok -ok - I'm not going to say I told all you so ....
so I won't : LOL
told us so what? ok they are real, but that doesn't mean they can't screw things up... |
|
|
|
True. But things being equal rent and maintenance is more expenses.
We have a thread dedicated to Bitcoin miners colocation in the Mining forums. I did post a link a few post earlier. You only have to pay for power, not for rack space. what is 'another thread'? do you mean another web site? or another internet like facebook? i don't understand Here: https://bitcointalk.org/index.php?topic=622998.0 |
|
|
|
The default login/password to the webUI is admin/admin correct?
The person who had his co-located can't log into it with admin/admin and he never changed or reset anything. Is there a way to change the admin password via the shell? Really weird how he can't log into it now. Very strange.
Yes it should be admin/admin. No idea about the change of admin pass via SSH. |
|
|
|
Why not e-mail to change the shipping to hosting?
This thread is very long -- can you give me a quick link to the hosting monthly pricing? ~nh 290$ per month and sp30 for the 6-months longterm contract. All the other rates are on their website. 290$ per month is in a WA DC. The rates from their website is their own DC but it's meant to be used just as a temporary solution. Spondoolies - got miners today and they are simply brilliant. Thanks a ton.
One question, what are the best settings in terms of difficutly level, etc.? I ask b/c I am seeing between 6-11% of errors on the shares mined.
Cheers.
I think that 1024 should be ok. Give it a bit of time because usually errors are high at start but they level down in a couple of hours. |
|
|
|
^IntelliHash(TM) = downclocking? An app that adjust clock/voltage ~every month a couple of times during the effective lifespan of a chip as difficulty increases? Revolutionary stuff, would certainly save a few keystrokes a year, but will it work  Exactly. It's dust in the eyes of the non-technical people who don't know that this is the way all chips work. Increase voltage=overclock; decrease voltage=underclock=less power+less heat+increased efficiency. |
|
|
|
True. But things being equal rent and maintenance is more expenses.
We have a thread dedicated to Bitcoin miners colocation in the Mining forums. I did post a link a few post earlier. You only have to pay for power, not for rack space. |
|
|
|
I ordered four units yesterday and confirmed my wire transfer. I have emailed but have not heard back. When can I expect to get these in the USA. I did not realize the jewish holidays may delay these and it did not say that on the site at all. Will you be shipping today?
I thought May batch was sold out, you are probably in the June batch which should be mid month. Yes I think you may be correct. They really should update the first page and Maybe change the title of the thread to "sometimes shipping from stock, sometimes not"? I have a feeling that they will ship it earlier than mid month so don't worry. Yes I feel the same way I wish I had oredered 2 sp30s instead of one, and picked the SP hosting instead of shipped to me
Just got my latest scrypt power heating cooling bill and I cant see how adding another 2800Watt of consumtion will help my ROI's anytime soon
Why not e-mail to change the shipping to hosting? |
|
|
|
My board contact says FC intends to flood market.
Let's see if he succeeds with last years power consumption chips. So no div in June. Zero div for months now. Without proper explanation this is a big fu to investors. This will drive the AM stockprice down. zero divs for 2 months exactly. and its not like if its common for companies to give divs every weeks. hell, not even in bitcoinland. AM isnt a bottomless money pit. it needs time (& money) to refurbish it, which is exactly what he is doing while expanding activity (but it wont happen in a blink). all this new strategy has been planned for not even 6 months.. patience patience  I think those were the most ugly 2 months for AM. They managed to have a full 2 months delay from having chips in hand until they(AM+distributors) managed to get a miner going. Also no divs months so rage from shareholders. The summer is coming!!! |
|
|
|
Are you sure that he actually failed the eASIC deal? There was no proof other than a signed NDA.
As for the other points there were many people that pointed them out long time ago and people still had faith in this. I still believe that the actual work for the custom chips never started. There were only paper plans.
That's what I think too, he clearly had no clue of what he was doing. https://bitcointa.lk/threads/amc-the-official-active-mining-cooperative-discussion.93453/page-87#post-2474502:/ Which is actually good news because he likely didn't spend the money (unless it was booze and whores). Again a form of third party mining. Nothing custom. OK! |
|
|
|
To whom we should write for hosting issues?
I am probably still waiting for a configuration change since yesterday eligius downtime.
Don't you use a failover pool? |
|
|
|
Thank you. Its even more ironic that they expect the government to help out when the invested using a currency not backed by the government in an insanely risky investment environment. Really makes you wonder what these people think about BTC. Do they think the government should back it?
If BTC was now worth $1 would they still want the BTC back or the USD refund the MSD is forcing Ken to offer?
You bet they would want the refund, they only want whats best for their bottom line.
You can't have non regulation and regulation at the same time, thats not how it works. Any company has a risk at failing. I just wish we would give Ken even with his shortcoming a chance to succeed or completely fail. He has made many many many mistakes but in the end this MSD investigation makes it more difficult for his to potentially succeed. A 1 year investment is very short in terms of real world investments.
Startups fail all the time due to incompetent management and those shareholders take the loss. Its a risk and when investing you accept that risk.
IF IF IF. This is not an IF issue. IF ken had a working chip by now the company wouldn't be in this position. IF ken didn't screw things over numerous times the company wouldn't be in this position. And the list can go on. But the IFs didn't happened so why speculate? Let's just deal with what we have and stop assuming things. Give ken a change to succeed? Now? He had more than 1 year to work things out, but all he did was buy overpriced third-party miners. That's it! He didn't accomplished anything else. He wasn't even able to fix the damn website, not to mention that he was afraid of working with Bitpay and he managed to lose over 400BTC to MtGOX. The man is simply incompetent and it was clear from the start. Now that we know about his past failed companies it's obvious that he can't manage anything. WHY do you have such blind faith in ken? WHY? That is just looking at one aspect of it. There are so many moving variables, both in and out of Ken's control that it is imposible to calculate some meaningful outcome We have a pretty good mining farm going, and were selling product. Thats progress imo, and this news will just hinder that growth too. I just don't want any what if's in the future. The State helps clear any what ifs. Lol, but that's not how I wanted clarity.
I wouldn't call 100TH/s a pretty good mining farm considering that this company raised ~20k BTC. There are private farms that are mining with ~100TH without an IPO. So nothing special there. As for selling products I'm afraid that you aren't selling any products. Do you know how many boards have been sold in total? How many are selling per week? You don't because ken isn't sharing anything (under NDA!) so you are just assuming things. We finally have a mining farm and shares are tradable again. Thats more progress made in the last couple months than in the entire history of the company. Its not amazing progress but progress nonetheless.
By this logic it would mean that if you will see a financial report in 1 year it means that things are moving. Maybe in 5 years you will have your own chip which was the reason this company started...[/quote] |
|
|
|
Unfortunately there's absolutely nothing in the works other than HashFast for Ken at this moment regardless of what he may lead you to believe. - He failed with eASIC and then cancelled it
- He sat for MONTHS with no plan still saying that we were working on our own chip
- He "found" People's ASIC (read I told People's ASIC about a company that may be interested in buying their IP)
- He cancelled funding that chip and the 28nm design based on their 55nm IP, AGAIN saying that we were still working on it.
- He then struck a deal with one of the worst ASIC companies that have existed in regards to customers and litigation (HashFast) to buy their chips.
- They provided him with THEIR fab to make all of the boards, Ken couldn't mess this up even if he tried.
- I then connected him with the key players that are pushing for HashFast's bankruptcy so that he could make boards for all of them.
- Then the MSD comes in and with what's being said, this company will have no funds to produce anywhere near the boards it would need to if any at all.
Was fun watching this though. Game over. I did warn you in winter about this, but you wanted to go in person to see it for yourself and even then you weren't convinced that this will fail. No idea why the blind faith... Are you sure that he actually failed the eASIC deal? There was no proof other than a signed NDA. As for the other points there were many people that pointed them out long time ago and people still had faith in this. I still believe that the actual work for the custom chips never started. There were only paper plans. I'm sure that you learned your lesson from this. ^You were so optimistic after your visit...
I believe his visit came between the eAsic cancellation and Ken sitting on his rump for months Nah, Ken's been lying about all kinds of things at this point, remember? The boards for eAsic chips that had to be redesigned, engineering companies failing and being abandoned, the revolutionary IntelliHash(TM) that mines while you mine, the software in the ASICs being updated (no, I didn't misspeak, totally SIC)--huge list that Bar chose to ignore, telling you he "got a good feeling" from the Slaughter clan. I said it in the past and I will say it again. IntelliHash was the biggest "FU" in the face for all shareholders. It simply didn't make any sense, but people still believed it. I'm amazed by the blind-fulness of the people that invested money in this. |
|
|
|
Thanks for your comments, and no offense taken. The reason we aren't going down alternative routes is that VC companies aren't too keen on financing asic mining project for the public to make money from them - they want to keep them in house to mine themselves, and that's not our ethos. The amount of money we need to even get to chip prototypes is simply way more than all our combined resources and then some, so this seems like a logic route.
We will never comment on how other companies conducted their business. None of us were BFL customers so have no knowledge of the quality of their service or products, but there is no argument that their products did (eventually) make a lot of people an awful lot of money. That's no excuse for poor service, but it is fact and we like dealing in facts.
I disagree with your opinion that a VAT number means nothing, but you're entitled to it like everyone else. How you enjoyed reading out pitch.
0.3W/GH at system level from a 40nm chip is indeed very nice. What is the power consumption at chip level? |
|
|
|
Let’s tell you a bit about our company. The driving force behind Novello is a group of professional engineers based in the UK with over 120 years combined experience in the design and manufacture of complex, highly reliable electronic systems and devices. We think profitable Bitcoin mining should be accessible to anyone no matter what their budget; by ‘profitable’ we mean a device that will pay back its’ purchase price in less than 3 -4 months, even with a very large rate of growth in network processing power. More accessibility means more users, this will help strengthen the Bitcoin network and promote wider use of Bitcoins.
No offense, but having over 120 years combined experience you go to Indiegogo to raise money? Don't you have other means? Why present the project here when you could do it to some VC firms? Looks like a scam.
Everyone is entitled to their opinion, but I'd point out to you that to get VAT registration in the UK the company, directors and their bank account have to go through some very tight security and identity checks. Have you actually read all the text and FAQ's? Even if you still think we're not on the level then at least you might enjoy reading the technical content and our comments on how we think mining will develop. If you think we're wrong, then please feel free to share your opinions. Having a VAT registration means nothing. BFL is operating for over 2 years and they scammed A LOT OF PEOPLE and they are still in business. Taking the legal way against a company in the Bitcoin field needs a lot of time and the authorities which aren't familiar with how bitcoin works aren't helping the customers. HashFast failed too and nobody is in jail, AMT failed and nobody is in jail. So your VAT means 0. |
|
|
|
To whom we should write for hosting issues?
I am probably still waiting for a configuration change since yesterday eligius downtime.
support@ SP-30 is a good deal.
But I do not pay so much for things that have already been sold cheaply - SP-30 group buy
The SP30 sold in the GB was offered for $5,000. There was an additional deal for people that had a previous order with another ASIC manufacturer. So it's the same price as in the GB now. That's the beauty of the Group Buys, to get better prices and faster delivery than regular orders. |
|
|
|
Sure there is massive unnecessary risk and it is unlikely to pay off considering almost all preorders end up shipping late/underperforming hardware when in stock underperforming hardware is cheaper.
And sure you probably won't be refunded in the case of catastrophic failure but you should take the risk anyways because it totally sounds like a great deal.
PS: use my affiliate link please.
/s
Corrected it for you. I use your affiliate link and you use mine?  |
|
|
|
MTCH1
Minimum Speed - 2.2 TH/s
Price - 5500 $ (Shipping out July 05-15)
Total Power consumption - 1200W
[/b]
MTCH2
Minimum Speed - 3.0 TH/s
Price - 6950 $ (Shipping out July 10-25)
Total Power consumption - 1900W
Asic Scrypt Miner 28nm chip
6500 $
200 MH/s
Power Supply Not-Included (1200 W)
4 Low noise fans
RJ45 10/100 Ethernet port
Web-based interface
Pre-order - Shipping out - August 5th-12th 2014
Will ask so is the first shipping date July 05 2015 The second shipping date is July 10 (25?) Not sure what that means And is the third unit preorder currently with Shipping out between Aug 5 and 12th First one -July 5-15th 2014. Second - July 10-25th 2014. Third one - August 5-12th 2014 So you can get a 28nm chip and have miners ready in under 1 month? That's news to me. I thought 28nm chips need AT LEAST 2 months for production. |
|
|
|
Thank you. Its even more ironic that they expect the government to help out when the invested using a currency not backed by the government in an insanely risky investment environment. Really makes you wonder what these people think about BTC. Do they think the government should back it?
If BTC was now worth $1 would they still want the BTC back or the USD refund the MSD is forcing Ken to offer?
You bet they would want the refund, they only want whats best for their bottom line.
You can't have non regulation and regulation at the same time, thats not how it works. Any company has a risk at failing. I just wish we would give Ken even with his shortcoming a chance to succeed or completely fail. He has made many many many mistakes but in the end this MSD investigation makes it more difficult for his to potentially succeed. A 1 year investment is very short in terms of real world investments.
Startups fail all the time due to incompetent management and those shareholders take the loss. Its a risk and when investing you accept that risk.
IF IF IF. This is not an IF issue. IF ken had a working chip by now the company wouldn't be in this position. IF ken didn't screw things over numerous times the company wouldn't be in this position. And the list can go on. But the IFs didn't happened so why speculate? Let's just deal with what we have and stop assuming things. Give ken a change to succeed? Now? He had more than 1 year to work things out, but all he did was buy overpriced third-party miners. That's it! He didn't accomplished anything else. He wasn't even able to fix the damn website, not to mention that he was afraid of working with Bitpay and he managed to lose over 400BTC to MtGOX. The man is simply incompetent and it was clear from the start. Now that we know about his past failed companies it's obvious that he can't manage anything. WHY do you have such blind faith in ken? WHY? That is just looking at one aspect of it. There are so many moving variables, both in and out of Ken's control that it is imposible to calculate some meaningful outcome We have a pretty good mining farm going, and were selling product. Thats progress imo, and this news will just hinder that growth too. I just don't want any what if's in the future. The State helps clear any what ifs. Lol, but that's not how I wanted clarity.
I wouldn't call 100TH/s a pretty good mining farm considering that this company raised ~20k BTC. There are private farms that are mining with ~100TH without an IPO. So nothing special there. As for selling products I'm afraid that you aren't selling any products. Do you know how many boards have been sold in total? How many are selling per week? You don't because ken isn't sharing anything (under NDA!) so you are just assuming things. We finally have a mining farm and shares are tradable again. Thats more progress made in the last couple months than in the entire history of the company. Its not amazing progress but progress nonetheless.
By this logic it would mean that if you will see a financial report in 1 year it means that things are moving. Maybe in 5 years you will have your own chip which was the reason this company started... |
|
|
|
YOU WON'T GET YOUR DIVIDENDS BACK BY DELETING MY POSTS YOU IDIOTS Unfortunately there's absolutely nothing in the works other than HashFast for Ken at this moment regardless of what he may lead you to believe. - He failed with eASIC and then cancelled it
- He sat for MONTHS with no plan still saying that we were working on our own chip
- He "found" People's ASIC (read I told People's ASIC about a company that may be interested in buying their IP)
- He cancelled funding that chip and the 28nm design based on their 55nm IP, AGAIN saying that we were still working on it.
- He then struck a deal with one of the worst ASIC companies that have existed in regards to customers and litigation (HashFast) to buy their chips.
- They provided him with THEIR fab to make all of the boards, Ken couldn't mess this up even if he tried.
- I then connected him with the key players that are pushing for HashFast's bankruptcy so that he could make boards for all of them.
- Then the MSD comes in and with what's being said, this company will have no funds to produce anywhere near the boards it would need to if any at all.
Was fun watching this though. Game over. I did warn you in winter about this, but you wanted to go in person to see it for yourself and even then you weren't convinced that this will fail. No idea why the blind faith... Are you sure that he actually failed the eASIC deal? There was no proof other than a signed NDA. As for the other points there were many people that pointed them out long time ago and people still had faith in this. I still believe that the actual work for the custom chips never started. There were only paper plans. I'm sure that you learned your lesson from this. ^You were so optimistic after your visit...
I believe his visit came between the eAsic cancellation and Ken sitting on his rump for months Nah, Ken's been lying about all kinds of things at this point, remember? The boards for eAsic chips that had to be redesigned, engineering companies failing and being abandoned, the revolutionary IntelliHash(TM) that mines while you mine, the software in the ASICs being updated (no, I didn't misspeak, totally SIC)--huge list that Bar chose to ignore, telling you he "got a good feeling" from the Slaughter clan. I said it in the past and I will say it again. IntelliHash was the biggest "FU" in the face for all shareholders. It simply didn't make any sense, but people still believed it. I'm amazed by the blind-fulness of the people that invested money in this. P.S. Note for the tard that will delete my post: I will repost it on my own thread about ken deleting posts and maybe I will just post it again and again here just because I can do it and because MSD needs to see how legitimate people were censored in order for this scam to work. |
|
|
|
My board contact says FC intends to flood market.
Let's see if he succeeds with last years power consumption chips. |
|
|
|
|
Show Posts
