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First off, I'm very interested in Storj and will likely at least invest a bit. I'm still not really clear on the technical details and really wish the crowdsale wasn't started until things were a little more clear. Obviously things can change even if they were well defined, so I can live with some ambiguity, especially as you all seem up front about it. For everyone calling scam, perhaps you should do some research. Shawn and David, the two guys behind Storj and Maidsafe, are seen hear talking with each other. They both have stated that their projects should eventually compliment each other...and the dev work for both is already progressing well. I'm on the Maidsafe side but appreciate what Storj is doing...so do some research before calling scam! https://groups.google.com/forum/#!topic/maidsafe-development/VS7PVXweMsc Thanks for the link ( clickable version), interesting read. I'm assuming the technical aspects are outdated though, or no? My team and I have been working on some prototype front end software that allows users to store files on our prototype decentralized network. Storj is able to easily keep track of files on multiple networks, but doesn't handle the core physical storage of the file. That is where MaidSafe can come in. I think with just a bit of Python, can link the MaidSafe software to the prototype front end software. This will provide MaidSafe with its first solid decentralized application running on top of the network, which also could be a nice little demo to show around. It will solves Storj's problems in terms of providing scalable decentralized storage for the prototype. This wouldn't seem to leave much of anything for Storj to do and I'm not sure why the coin would be necessary, or have value. I'm guessing this is out of date, but I'm still wondering where the data will live. On a different note, there's an interesting discussion over on Maidsafe.org about the economics of a coin that's linked to the value of storage. In a (badly butchered I'm sure) nutshell, the cost of storage has decreased by about 30% a year -- how does that effect the value of the coin? (Now that I tracked down the link, the OP has added an edit stating he thinks the value will rise, but it's an interesting discussion in any case.) |
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The best thing out of this whole Black Arrow debacle is being introduced to Miner Source. They are a good company.
+1, they did right by me for sure. |
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In other words you want a report when and any time anyone touches any equipment, goes to lunch, takes a screwdriver in their hand at BA?
You think they should also provide you with weather and traffic report? G-d forbid their engineer is not there for 5min.
Just think of the delays that might cause.
Better not to post at all than to post this drivel. As if they don't know where things stand -- add one line to their update, done. |
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My refund was for a single X-3, and my heart goes out to you, please know that as this is a very unfortunate circumstance. I know that is a lot of money that you put out for those, and to have to go through all of that, when more than 20K was on the table is troublesome to say the least. I wish their was more that I could do, unfortunately I am just a bystander in this, same as you, who apparently got lucky. Please know I will be praying for you, as well as anyone else who is looking for a way out of this mess. It pains me to see others get screwed as much as they have. I am not even blaming MinerSource, as I do not believe this is their fault. I have ordered with them before and will order with them again. I have nothing but pleasant experiences working with them, but unfortunately, I think they are getting screwed just as much as everyone else by dealing with BA. I truly do not believe that BA has malicious intent at heart. But as we are talking a ton of money, and I assume they had to pay BA to get your order in, we must assume it is BA that is holding this whole thing up. Not to mention that not a single person who ordered straight from BA has gotten a refund. So please, I know it is tough not to blame MinerSource, especially with so much money tied into it. And yes, the laws in the United States protect people from this very thing and you could easily take this to the justice system for resolution, but remember who has really screwed you over here! MinerSource did not lie about where the production status was back in January, MinerSource has not kept an interest free loan, and gambled on the price of bitcoin with your money, and MinerSource did not use your money to fund development of other projects (scrypt chip). I agree it was not professional making you wait that long without an explanation, and I assume they take responsibility for doing that, but I think they are under a lot of pressure right now from BA as well. I will take this opportunity again to explain my feelings about refunds. GET THEM NOW! In another day or two when we find out that the devices will take anywhere from a few more days to a few more weeks because something is wrong with the chips, or they cannot manufacture that many devices so quickly, there will be a flood of refund requests, and you will more than likely not get served. I highly doubt they will be the first company in bitcoinland to provide a chip out of fab that exactly meets their specifications. In the event that they do end up shipping on time and get orders out, you will still be happy you received a refund, as they will immediately drop the price of their machines and you can buy back again, as they are still selling miners that will presumably ship on the same date as everyone else's orders. The price drop will far outway the measly 25% compensation package they are currently providing, putting you in a better position. 1 TH/s machines are approaching the $2500 mark (I think I saw someone selling for $2800 ish I think) which is under their current price point. GET A REFUND NOW OR LOSE OUT, that is my piece of advice. Thanks for the info and your well wishes. Since I posted I've been in touch with Matt through several emails and I think we will work out something this week. I do agree that he's on the up-and-up and doing the best he can. My real concern was the silence, and now we seem to be making progress. I also think BA is for real, if you compare this thread to AMT's it's like night and day. I almost ordered from them, but switched and am glad on a daily basis. AMT finally started shipping some miners, but they are horribly broken. I think once the BA machines do deliver they will be quality machines at least. Maybe I'm the eternal optimist though. |
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Update of my refund:
I received a check yesterday from Minersource in the agreed upon amount and brought it to the bank today. The teller cashed the check and gave me some cash and put the rest into my account, so I do not think their was any problem with the check.
I appreciate the refund guys, keep up the good work. For those of you still waiting on refunds I wish you the best. I will be one of you again if the price keeps going up and I need to unload my bunch of X-1's.
Thanks,
DebitMe
Well that's good to hear, but I've had no luck. After 2 weeks of emails, PMs and phone calls, I finally got a reply from Matt yesterday after I set an appointment to meet him at their offices on Wednesday. (I live about 20 minutes away.) It turns out the location listed on Minersource.net is a mail drop. Matt didn't offer the physical address, but gave a curt reply that due to the size of my refund (4 X-3s) he had to get it OKd by BA. It's BS that it took me stating that I was coming to the office for him to finally reply, and it's also bs to push responsibility off on BA. I purchased the miners from Minersource.net, not from BA. Minersource owes me the refund. I've been trying to keep this civil and out of the public forums, but all I get in return is silence and then that bullshit. It is hard not to think I'm being ignored with the hope that the machines will ship and they won't have to pay out. I had even offered to help migrate their old database, to which he replied in this forum that he had PMd me, but he never did. I even reached out to him via email to help on that, but never heard back. DebitMe, would you mind sharing how many machines your refund was for? |
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Everyone who is waiting on a $ refund from me either via wire or check should get a response by tomorrow night, been super hectic between switching banks, NYC Conference and dealing with our new partner, Microcenter.
Matt, please get back to me, it's been 2 weeks -- I've sent PMs, emails and left a phone message and I'm just not hearing anything back. Thanks, -Tom |
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Black Arrow LTD is looking for OEM partners and is offering samples of 28nm Minion Bitcoin miner chips (discounted or free).
Here is where your hard earned pre order money went! EDIT: They are able to give away samples of chips and $10,000 discounts, and yet they cannot improve the compensation package...? Well, this is the minion chip, which yeah, it's where our money went. If it was a scrypt chip I could see the outrage (and I'd be right there with you!), but I think they've always shown on their site that the minion was available to OEMs. I do agree that it seems there is room for better compensation if they can provide discounts, but even there, that's a discount off of a net new order -- receiving less money, not digging into their pockets to pay out. You can be broke and offer a discount. I like that they will give a discount if you open source your PCB design -- that might work out well for WASP and others. Maybe next fall we can order well built, open source, upgradeable machines... one can dream. |
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Just for reference, will update when this is resolved...
I requested a refund from MinerSource last Friday, was immediately told it would get done and mailed on Monday or Tuesday of this week, and I would receive a tracking number. I have still not received a tracking number and have emailed twice asking for a status update. I have no idea if it is in the mail or not, or the status of my refund. Bobsag, please look into my email inquiry.
Thanks,
DebitMe
Update, received an email last Friday saying that the funds should clear into their new bank either that day or yesterday, as of right now I have not received an email with explanations or tracking. Sent an email earlier today asking for a status update and when I can expect to receive refund. Will update when I hear more. +1, very similar, though even less communication. I notice that MinerSource has a new distribution channel, Microcenter, so I suspect with that and the expos, they're busy (congrats!). I'd sure like to get some resolution though -- bobsag3's been pretty quiet on here for awhile. |
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Here's a good thread on electrical: https://bitcointalk.org/index.php?topic=355305.msg3811413#msg381141330A breaker ------> 10 AWG wiring -------> NEMA L6-30R outlet ------> AP9571 (w/ L6-30P plug).
You now have 5760W of mining power, done right and safe. The PDU gives you 12 outlets so no matter how your rigs are configured you are good to go. Scroll to the last page or so for a few links to appropriate plugs. |
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Bitcoin Miners progress update – 21 March 2014
5. We have received the 1600 Watt PSU from Power-One, will test this week.
...
16. Front End for the LTC chip is now stable. We’re starting the back end as soon as possible and we’re going to start pre-orders soon.
Thanks for the update. I'm thinking the last I heard about PSUs was 1400W, no? Is this going to a single 1600W PSU for the 2 modules in the X-3? I'd really like to get some final info so I can ensure I have the electric in place. (Also, will there be one or two ethernet connections per X-3 -- how independent are these?) As far as the LTC chip, I just hope that: 1.) it isn't in any way slowing progress for the Prosperos and 2.) we get some early/discounted access when it comes along. |
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Bitcoin Miners progress update – 13 March 2014
Looks good, thanks for the update! Love seeing those pics and renders, definitely more reassuring than over on the AMT thread. |
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Hi, I'm new to bitcoin mining. I am starting with a small budget and thinking about beginning with an X1 from minersource.net. I am wondering if BlackArrow and minersource (authorized reseller) are legitimate.
You're probably better off buying an AntMiner S1 and getting delivery right away. Minersource carries those and posted a pic a few days ago of pallets full of them. The X-1 delivery won't happen until May -- if you decide to go that route I wouldn't prepay at this point -- wait and make your decision then depending on difficulty, etc. To your point, I think other than one prolific poster here, people tend to feel bobsag3 is legit. He's been in business quite a while and does hosting and sales. The guy disparaging him here hasn't turned up any disgruntled customers, just a steady stream of minutia. |
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Aaaaand, PG back on ignore. Every once in a while I have to peek, then my eyes start bleeding and I regret it.
Matt, I'm here in Colorado, just north of Denver and am a developer. PM if you want another set of eyes on the database.
I'd also like to arrange pickup once the machines come in.
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blackarrow: could you please give an estimate on when minion chip orders will ship, if ordered right now? Will the 20 Feb batch fulfill all existing orders?
Please post updated docs when available, incl. the FCBGA pin assignment (if I haven't missed that in the preliminary doc).
Better get set for some reading time and catch up on the thread. Minions won't ship until May. |
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I heard from one person who bought a house with their pizza bitcoins, indirectly, by trading it for cash first. Apparently it was a lot of hassle with the bank due to AML and just their general distaste for currencies they don't control. I wish I could say I did the same, but the pizza didn't appreciate the same way as the bitcoins  You know you could actually sell pizzas based on your story. People sold burgers with less credentials than you based on their story.. You could be like the Buffalo Bill of Bitcoin, on tours, etc... I'm sure he could make some coins out of this one way or another if he so wanted to  . PizzaCoin! An alt you can sink your teeth into. |
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Please send me a PM and I'll do the best I can to help you. We are very sorry for the inconvenience and the long response times we have at the moment.
Lol, seriously? When are you not sorry about the long response times? Why don't you just publicly answer the question? And there's no way you're the new "press officer" cuz you've been on their forums for months now. My interpretation of their original 'CNY won't impact our delivery date' was that they had never planned to work during CNY, but had capacity before and after to assemble the units and make their date. Obviously with everything else going out the window that did too. So it (according to my theory) isn't that they were originally going to work through CNY, but that they had originally accounted for it in their project plan. But who knows, just a guess. |
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Tapeout is on 20 Feb 2014.
Weekly update will be on Wednesday / Thursday when our new "press officer" arrives here.
There we go, that's a great start. It really doesn't have to be a lot more complicated than that. People wanting answers about bizarre business relationships don't need to be addressed every week, just a short blurb like that and then some pics once you have something to take pics of. I would suggest picking one authoritative location for your updates and referencing it from here and ecointalk. (Is there a Black Arrow blog?) Make a new thread and restrict posts to yourself so we can easily keep up. We can discuss them elsewhere (ad nauseum). |
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With all due respect, I have two requests: - If your post doesn't contain the words Black Arrow, Prospero, Minersource, etc., perhaps it would be better located in another thread.
- If you're only referring to one small part of a conversation, perhaps you don't need to quote the whole fucking thing.
I like to keep up on this thread to see if there's any actual news or information that's on topic and it's hell wading through the vitriol here. |
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I had a 50 Amp sub panel installed and added a 20A 110v circuit and a 30A 220v. I'd intend to keep the machines running as long as the cost isn't more than I can afford -- I look at it as part of the investment. I imagine what the guys who stopped mining with GPUs cause they couldn't do more than a coin a day would do to go back in time and keep those things running.
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I'm hoping to setup the same type of thing. Here's my situation:
* Linux machine with full node & P2pool (miners pointing here...) (port 8333 forwarded)
* Mac with Armory, Bitcoin-qt & potentially Ubuntu VM
* A couple other client computers (potentially)
* Synology NAS
Since I'm running that full node, I'd like to use it's blockchain throughout my LAN where I may need it. I tried setting the RPC connect value:
rpcconnect=10.0.1.XXX
But it doesn't seem to pick it up. I did that in /Library/Application Support/Bitcoin/.bitcoin.conf and restarted Bitcoin-qt, but it goes back to trying to sync, slowly as usual. Would it help if I used a connect setting to hit my local node?
connect=10.0.1.XXX:8333
I'm wondering if it would make more sense to try to involve the NAS? Like to (and I haven't done this with Linux yet) create a share and use it for my blockchain on the full node, and then on the other clients? I have a gigabit, wired network with the NAS and full node machine adjacent, so imagine it would be quick enough. Then I could potentially mount that share to any client that wanted it... would this work? Or would the various clients wind up foobarring the blockchain?
Seems like there should be an easy way to share a networked bitcoind on a trusted LAN, but it seems to be eluding me. Or is the db just designed to be single-user and this is asking for trouble?
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