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1  Economy / Service Announcements / Re: [ANN] CRYPTONIT.NET - cryptocurrency exchange from UK - low fees USD EUR BTC.... on: August 21, 2014, 01:06:24 AM
This is the only exchange I have used to buy/sale BTC, so I can't compare them to other exchanges.

When I first used them, to buy BTC via PayPal, the time to complete the transaction was very long. As I recall it took something like 24 hours from start to finish. The last purchase I made, again via PayPal, was instantaneous. However, the last sale of BTC with cash going to PayPal took several days. This may have been partly due to the time difference between the US and their office. I placed the request either very late on a Thursday or very early on Friday and the transfer was complete Sunday afternoon. They state (or did at the time) that payPal withdrawals are not processed on weekends. They may not have had much time left in the week when my request was received by them.

Other than the time for PayPal cash withdrawals, I have been very pleased with the service I have received. My interactions with the staff , though few, have all been very positive experiences. They claim other exchange types are instantaneous. I haven't tried the other methods, so I can't say that is true. I can say, based on my experiences, that their word is probably good on that. I trust them.
2  Bitcoin / Mining speculation / Re: Latest miners? What are you using? What's good? What to stay away from? on: August 17, 2014, 09:16:34 PM
Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone  Smiley
Hello and welcome.  Do NOT send your money there.  There is no such miner.  Even if there was such hardware, the prices are way too high to be competitive.  For example, the Spondoolies-Tech SP30 is $3895 for 4.5TH/s.  You won't get one until the end of September/October, though.  There's a list of hardware manufacturers compiled by dogie.  Take a look at it here: https://bitcointalk.org/index.php?topic=456691.0.

Thanks!

Yea, I had already checked the links given earlier in the thread. Just wondered if those folks had just come on the scene or something. As compared to the Sp30, their Aristocat is listed at about $.50 more per GH, but it has a claimed W/GH about .04 lower. And they claim to be shipping within 5 days of order. 4.4 TH/s this week might be worth the extra cost to some? All of this is based on their claims, and my math though, and I wouldn't bet any money on either Smiley

Obviously if they are not a real company it's all BS anyway.

Thanks for the reply!
3  Bitcoin / Mining speculation / Re: Latest miners? What are you using? What's good? What to stay away from? on: August 17, 2014, 06:17:05 PM
Anyone know anything about these folks: http://eliteasic.com/ eliteASIC?

They list a couple SHA-256 miners with competitive specs for power/GH and $/GH (2.2TH/s and 4.4 TH/s). It appears they have been around only since March of this year. Google and searches on here haven't been very helpful. Most of Google's hits are from the company.

First post, so Hello everyone  Smiley
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