Did you not read their answers?  They said they cannot produce cases or circuit boards until they know what they have, which they don't.  They have nothing.

"
4. We cannot produce the PCBs without the exact pin layout of the chip. This has not been yet received.  We could not produce the case without the exact heat estimation.
"

Seeing as how it hasn't taped out yet and they have no circuit boards, no case, no software, nothing.  I seriously doubt it starts shipping in May.  They basically have nothing.  They should NOT produce this chip.  They should just get with someone like AsicMiner and build boards with their chips.  It'll be better/cheaper/faster.  Going forward with this is a mistake.  An expensive one.

I take the risk preordering stuff, and I'm fine with that.  I've unfortunately been screwed over so many times in the Bitcoin space that I'm numb to it. 

However, this May 1st date is troubling because it seems to be based on nothing.  Someone picked a date based on all the stars aligning.  I've been to this rodeo before.  We're going to be in December before this thing launches because they are going to have all kinds of other problems they didn't foresee or prepare for.  It's BFL all over again.  Whole thing is a waste of time.  They should just have built miners with AsicMiner's chips.  Now we're all screwed.  I'm chalking this one up to a total loss.  If something shows up at my door in May, I'll be surprised.  At this point, I suspect I won't see this thing ever or when I do it'll be useless for anything excepting heating my home.

5 shares


Transaction ID:  c5406339242a6a4bbeb24db69218e94cd24723c6382bcebcf3ef3c4cff8dbb5a
Receive Address:  1ECRrxvWsyv7HkxbXi8HgNRqNAfcK2vWRv

They can't do that if they don't have any.  If they have them, they'd ship them.

Well, now we just need the price of Bitcoin to quadruple in value.

Been like this all day.  At least the last 7 hours.

He hasn't logged in since Sunday so no.

He hasn't logged in since the end of December.  I'm afraid you won't be getting your money back.  Always best to check the references and see proof before making a purchase from someone on here. 

I'd be interested in buying your shares but until LMontrose shows up with the contributor list or some proof that anything has happened other than him taking people's money, I'm going to wait.

I think people want to know if they taped out.  I am just wondering if that translates to them.  They may have done it and are just hearing questions about production, and meanwhile they are waiting for the fab to get done and send them the chips.  So they have nothing to report. 

Wait.  There is nothing you can do otherwise.

It's a cart before the horse thing.  You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them.  (Assuming that is their only intention.  Not to be confused with the miners who do both mining and earn transaction fees.) 

They explain this on their website in their forums. 

"
We have our final specs for the Minion. Based on our library (we can only simulate the TT corner which is 0.85v @ 25C) and the power consumption is 0.6-0.65W/Ghash. We trust that underclocked and underpowered the Minion will achieve under 0.5W/ghash as promised.
 
This is not as good as our first simulations which were based only on Front End but this is where we need to stop. The time does not allow us to continue our effort towards seeking a lower power consumption.
We had to drop the frequency from 1.5Ghz to 1.0Ghz in order to achieve this efficiency. However we've increased the number of cores so the Minion will hash at the speed promised.
We had met all the timings for 1.5Ghz but the efficiency was 0.8W/Ghash and this is not something we could have accepted.
"

Considering he hasn't updated the post and stopped responding for half a month, I'd say it's a scam.  It's still listed as open.  Hopefully nobody contributes further to it.

You probably shouldn't mine if you don't plan on holding your coins and believe in Bitcoin's future that the value will continue to grow.  Staring at the current fiat value is what caused folks to cash out at $20 a coin and high-five each other that they made a "profit".  If you're long on Bitcoin, you'll make money from these and other machines.  I wouldn't recommend anyone invest in any mining rig if they aren't willing to hold and risk their money for a future pay day. 

Can you verify that you got my transaction and PM?  Thanks...

Bought 1

TX ID:  5b35f98d20e289f60b804aafc8b1d4146105b233650846e8487ebed87d95ec64

Thanks

1 Share

TX ID:  e88045509ae3f8e14cd32f7af600c837ec321fc79430dc17ac787a94129cd69c

Thanks

Where does one apply (Not for me) to be the customer service person?