Date Registered: June 09, 2011, 10:51:45 PM Thank you for the useless review. There are many other threads where you could post your useless stuff. The most noticeable issue is how well it tolerates higher temperature.
From what I've seen, this device does not really require any secondary cooling unless you are in 90+ F temps. SO LOL. So you are saying that you need a secondary cooling when it hits 33 degrees Celsius. I just can't stop laughing. Retard Inaba is doing his job well as i see. Kudos to him. |
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SICK update!!!
+1! And the color is just  |
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According to the http://www.bitcoinx.com/profit/ calculator, a block erupter USB will earn 1 BTC in 3-4 months based on the current levels of difficulty inflation. Even if you plug in that difficulty will increase 20X in the next 12 months, it still shows a (tiny) profit after 10 months of operation. This is not great, but it is dramatically outperforming ASICMINER stock, for example. Why is everyone insisting that it will never show a profit? Are you assuming difficulty will increase 100X in the next year? Are you assuming power costs that are much higher than average? If you want to mine, what else are you going to buy? Place a BFL order and wait 6 months? Buy a video card with terrible performance per watt? I understand some people feel that mining is just a bad idea and buying and holding BTC is smarter, but if you are set on mining it seems to me that these USB are the best currently available option. I need to quote this again because you are proving my points exactly. I totally agree with you. We must have the same decision making process, lol. Seriously, if you want to mine, what else would you buy? I actually did place a BFL order, then realized I wouldn't get it until Q2 of 2014! Got my refund on that. FPGA is kind of a joke. And if I bought a 300-600MH/s video card it would cost me more than this ~$100 USB ASIC miner. What is the next step up on what is actually shipping in the ASIC world? Isn't it like a $5000-$10000 investment to get anything else? Sure the MH/s per $ goes up, but not many people have that kind of money to throw around. That leaves this USB stick as the best low cost investment currently as far as I can tell. At 2 BTC it definitely made me scratch my head, and after weeks of thinking about it I just couldn't justify it. But at 1 BTC or ~$100, it now makes sense. And I don't care of it goes down to 0.5 BTC or ~$50, I might buy more if it does. Ok ok! Go ahead and spend all your money on USB sticks! |
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Has anybody gotten a 1, 2, 3, 4, 5 shiping date or comment yet, on their order?
And are those dates only for the 1-500 spots, or for everybody that payed within the first week? Are people illiterate ? From the last news : We know you have all been waiting for the shipping queue position update and over the next few days we will be adding a comment to your orders which will give you the day that your boxes will be made, tested and shipped.
For example Day 1/Day 2/Day 3. This will indicate how far from the start of shipping your order will dispatched. This update will not apply to new orders and will only apply to the orders which were based on pre-order registration. All other orders will be dispatched in the order of payment. People are way way too anxious and too agitated! The shipping date doesn't matter so much right now. In September it matters and i think that by the time we get to September people will know their shipping date. Why make all the fuss now about this if the shipping is planner in September? Ok you get Day 1 or 2 or 5 and so? It means nothing right now. For me if we get the shipping days this month or on 30 August it's the same! |
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Lets recap the thread by going down FireFop's ASIC SCAM checklist:
1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.
Scammer Gets 8/8 (+1 bonus point for unknow mod helping with name change).
The scam rating is 112.5% (a new record!)
@MODS - Thread can be locked now - the fun is over.
Only thing that is truth in that list is that I am not a good speller or typist. Guess what, nether are you. Hey Galaxy i will develop my own chip: 9.99$ per Ghash. Pre-order now! Minimum quantity is 500Ghash! |
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If you ordered with Paypal BFL would probably rather refund you than have you complain to Paypal and risk cutting off the supply of new pre-orders.
As it seems BFL is not happy with Paypal ("... fuck Paypal ...").  Retard Josh will fuck anyone who gets in his way! |
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glad you like it.  Those boards did cost me a fortune though ~13BTC + ~5BTC in parts + ~5BTC for the assembly tomorow. Development work with these schedules is expensive. Sweet boards! I bet you will receive a lot of tips after you deliver them to people  |
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...
Instead of posting some fancy numbers maybe post something relevant about your project. |
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Fantastic news. So you are looking for mass production of low cost miners.
That's good for competition, and good for Bitcoin.
I like where this is heading.
+1! |
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I think everyone is waiting for DYI solution with Bitfury's chips!
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450Mhz? really? 2.5Amps can't be enough for that, In sight of that I've bumped up the specs for the regulator to 60Amps total. (3Amps per chip) With different inductors i could push it to 80Amps total. (That would be scary 100Watts per module ) for 450Mhz you will need water cooling, but the change is very nice! |
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update:
1. Price for our “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated. This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH, power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)
When is the prototype ready? |
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Or maybe it's to help cover the 1000 BTC guarantee that HE owes (not the BFL one).
Total Donated To Date: 291 BTC. They aren't rushing with the charity donation  I know you are reading this retard Inaba. Do you think that maybe in two weeks™ will you manage to pay all of the charity bet? |
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If psychological profile of labcoin guys is not relevant to you than there is no relevance regarding their ASIC project. You can discard the fact
they were "testing" Avalons on Terracoin (makes no sense, if it was profit-driven activity than say it, why lie about it) but went temporaly dumb
and forgot to upgrade to newer client after hard-fork (which means further profit-driven activities were pointless).
They can test whatever they wish to test. You still haven't answered me. What's the relevance to THIS project? If they can deliver a working ASIC chip funded by their own money i don't care what they test or what they or what are their fetishes. I'm only interested in the ASIC chip.
You are moron who has a lot of positive things to say about people and stuff about who or what you actualy know almost nothing.
Did retard Inaba gave you some PR lessons? Where is the constructive criticism? Where are the relevant questions? |
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EDIT : Haters gonna hate.
Ugh. I might recommend not making posts like this  It won't go well with this community if you want to be taken seriously at this point Well, i know that's ugly, but that guy ran a portscan on our web server, found there a running terracoind instance and hence assumed we're scammers. It is pure logic, isn't it ? Portscan? TRC:178.79.173.51-178.79.173.51 listed 2 months ago at http://www.terracointalk.org/index.php/topic,226.0.htmlI value intuition above logic. What is the relevance regarding their ASIC project? @labcoin i don't know if you are familiar with this community, but you need to be prepared for all kinds of requests and accusations. even if you are good intended you will need nerves of steel or just a huge amount of ignorance. anyway i wish you good luck with your project and don't forget to keep us updated. |
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another fraudulent venture.
will accept bets to contrary (on escrow) for those that want to put money where their mouth is
What's so fraudulent in this venture? They said that first run will be funded with their own funds. No preorders, no gimmick. How sure are you? Willing to offer 50:1 on bets? |
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Dear Bitcoin Community, We are a new venture involved in the research and development of a novel Bitcoin mining technologies. Our brand name is labcoin and our website is http://www.labcoin.com. Peerblock IP list on my computer says you are nothing but idiot who is still using outdated Terracoin client working on abandoned blockchain. You wanna tell me you are capable of making ASIC even though you are not capable of realising something is wrong with your Terracoin client for few months now, and updating it to newest version? It could be, but I will not bet on that. I will bet on yet another scam. Why the flame? |
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hahahaha, you guys are all whack man!! interested eh??? 20nm? i guess the OP is the Albert Einstein of engineering, except he only realised it this month after he got wind of all these suckers who are willing to part with their BTC for an email and preorder #
I bet 0.5BTC this guy doesn't deliver jack shit by December
2:1 odds
20:1 odds. You bet 0.5 and get back 10btc! if this clown face delivers!! win win! Want to escrow this bet? |
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