What sort of maintenance are you expecting? Is this for bitcoin rigs or actual servers?
Oh, actual servers, probably singular. It's not a trust issue, I'd just rather be close enough that traveling on short notice would be feasible. (If my server goes down due to hardware failure or whatnot, I don't want to have to pay exorbitant prices for a ticket on the soonest plane to Missouri.) Many places offer competent remote hands services, to replace fans/hard drives/memory if and when such things fail. |
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Well technicalities or not the point is that when User A is paying user B, user B is relying on the fact that user A "can't" break the chip. The chip ensures security. If User A has extracted private keys and can generate thousands or millions of duplicate tx at will there is nothing user B can do to detect that. To user B chip the tx looks as valid as any other valid tx.
I would expect someone who gets a chip's private key could just mint their own money without needing to double spend. Afaik when a chip signs a message to transfer value, it has no burden of proof that it ever received that value from somewhere else, it is simply trusted to only sign payments out of its balance and to not sign payments without sufficient funds. With a hacked chip or compromised private key, one could simply issue new transactions without limit, they wouldn't need to be double spends. Such fake transactions could be used to top up real non-hacked cards. This seams plausible, I wish they would issue some detailed information about how it works so that we could determine the actual failure modes of the setup. |
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Sorry, I've been away from my desk. Here is another bid: Apologize for having to use PMs, that's what I get for being a lurker for so long.
Raising my bid to 26.5 BTC
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Reposting for a newbie still stuck in jail: Anyone else making offers? |
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I would put down his odd behaviour to being...challenged.
+1 I have yet to do business with Goat, because in every single instance where things were either a) a misunderstanding, or b) didn't go his way, he has reacted irrationally and inappropriately, usually by fear-mongering and digging up information out of context and generally being a royal pain in the ass. |
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Stock, reference 5850 up for grabs. Little to no dust anywhere, non-smoking, 35 BTC shipped within the US or best offer. Will take gox and dwolla too.  Front  Rear |
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Yeah, I need to get into the habit of reading the thread before replying  I think the issue is that most folks don't realize that they can click the little tiny word "NEW" the appears at the end of the thread title. What that does is bring you straight to the most recent message in the thread that you haven't read. So it doesn't go all the way to the end, it starts where you left off. It makes my forum-browsing life so much easier. |
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Yes!  |
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Why announce before you can even invest? Or are even an entity that could be invested in? Who is funding the initial research and dev?
If the first batch of ASICs comes back flawed, will there be enough capital to continue development? What if it takes more tries than that?
Personal opinion:
Vague announcements like this only create uncertainty for everyone involved. Is that how you really want to start a relationship with investors? It either means that development has only just started (ie it will be a long time before any product) or it's a scam in some way.
It's supposed to discourage the competitors and push them out of the market, but it certainly hasn't done so to Vladamir's project.  |
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Because first of all, you need to learn respect.
All I have to say to that is... holy cow. Do the same yourself. |
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All these posts, and no one has mentioned Cheech and Chong?  Up in Smoke is one of the best stoner movies of all time. |
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Building my next rig right now. Just got the parts for a 3rd rig a couple of minutes ago.
I only have 2 PC cases, so this third rig will need to rest on top of something. Will a 2'x2' piece of plywood be ok? Can the motherboard rest right on top of wood without any issues?
You should probably get some standoffs to hold it away from the wood. It probably would work, but you risk the wood retaining perhaps a little moisture, and therefore being conductive. Or you could have a thin sheet of plastic in between the board and the plywood, that should work. I was thinking about cutting out the top of a lid for a plastic storage box (Will attach pic below). Would I have any melting problems with it? Also would it be alright for the PSU to rest on it as well?  Won't melt, I assume you might even be underclocking the CPU since it is a dedicated rig. |
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Building my next rig right now. Just got the parts for a 3rd rig a couple of minutes ago.
I only have 2 PC cases, so this third rig will need to rest on top of something. Will a 2'x2' piece of plywood be ok? Can the motherboard rest right on top of wood without any issues?
You should probably get some standoffs to hold it away from the wood. It probably would work, but you risk the wood retaining perhaps a little moisture, and therefore being conductive. Or you could have a thin sheet of plastic in between the board and the plywood, that should work. |
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And you still have to cover your cost. How much cost the ASIC? The bunker? The maintenance? The electricity (even if its supposed to be cheap, 5 THash will still cost a good chunk of electricity)?
5Th/s would only costs $1825/month in electricity. This is peanuts compared to the $0.5 million NRE cost of developing an ASIC. (That's assuming ASICs capable of 200 Mh/J, or an order of magnitude better than FPGAs, and an average rate of $0.10/kWh.) I think you will find that the NRE is much higher than that, many times so. |
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Yeah, I am a scammer. You keep thinking that. Even i the codes are 100% legit if you take payment and don't deliver you are a scammer and deserve the scammer tag. You admit he paid you. You admit you haven't given him a code. You admit you haven't given him a refund. Then, by your definition I am indeed a scammer. You don't wish to rectify that? |
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I hold ~1.3k BTC in Goat's various projects (Nef has verified this).
Thank you for being honest. This conflict of interest should not be acceptable to anyone. Why do I feel like I'm the only person here with any kind of experience trading public securities? AND WHY CAN'T I LEAVE THIS THREAD ALONE AND IGNORE GOAT'S LIES?!?! It's like I'm turning into the Bitcoin police or something. Somebody stop me! Hands up! The cake Goat is a lie! |
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GLBSE with 4 accounts and assets everywhere is very hard to manage.
I imagine it would be. Especially when they are all scams. Scams pay dividends? I never knew! I must invest in a few. |
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Located in sunny Kansas City, MO. Full DC facilities, anything from a shared rack, locked rack or a private suite. 120v, 220v and 3ph power. We have American Fiber Systems, Cogent and Level 3 (via United Fiber Systems) as available providers and you can either use my pooled bandwidth or contract with one of them directly.
Meh, the airplane tickets would cost me more than the colocation. Thanks for the offer nonetheless. Where are you located? I'm sure you could find someone nearby to take the BTC for you and convert to fiat every month and pay the bill for you, if you feel that that is necessary. Near me is a Tier IV DC located right on the transit route between Chicago and Atlanta, if that interests you. |
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I must agree that the second code block is much more readable, but it doesn't really matter if your IDE/notepad supports customizable syntax highlighting.
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