From the dust of BTC-e comes WEX

WEX. Rising.

15.09.17 12:29 from admin
Dear users!

Team of WEX is glad to welcome you on our new platform!

This is our first official announcement!

We thank all ex-users of BTC-E for their patience at such a difficult moment for all of you guys. We on our part have spent a lot of efforts and energy to create a new platform for trade in the shortest time limits. Our platform will operate according to AML/KYC laws and world legislation in this field. You can find all the detailed information here https://wex.nz/page/1

We would also like to thank the technical team of btc-e for their professional help of transferring digital profiles and data of users and also want to emphasize that our company did not cooperate with BTC-E Always Efficient LLP in any way and did not receive their funds.
General information explaining the state of things will be posted regularly on our news channel. Every individual case will be revised by the support and all the confidential and private questions will be answered in the personal account.

We will try to answer the most popular questions here and add new updates regularly, because our platform is developing quickly and new services and functions are added on a constant basis.

But for transfer of balances, bonus crypto-tokens will be credited to every user account 61.79/38.21 (%), that can be traded and used through wex-code. You can find more detailed information here: https://wex.nz/tokens

Our platform will work in a test mode for general security reasons, to test how all blocks work. Daily limits will be set for withdrawal (you can find information about them in your account), they will be removed in future. Test mode will be enabled from 3 to 7 working days. After this period is over, the platform will work without limits, thank you for your kind understanding.

A cooperation agreement has been signed with a network of verified exchange services (agents), that will give us a possibility to withdraw and deposit USD/EUR/RUR with minimal fees applied, in a way comfortable for you in different parts of the world.
The list of official partners working with us today:
https://100monet.pro/
https://ultrachange.biz/
https://jojo.cash/
https://www.advcash.com/
https://perfectmoney.is/
The list of methods of deposit/withdrawal of WEX-code available through the network of agents/partners.

Webmoney
Yandex money
QIWI
You can change sums less than 10 000 USD through exchanges, bigger sums should be changed through VIP service on https://vipwex.kayako.com/.
Sepa/Swift from 20 000 USD VIP service https://vipwex.kayako.com/ , less agent exchanges.

Banks:
Sberbank
Alfa-Bank
Tinkoff
Privat 24

Cash:
Russia
Moscow, Saint-Petersburg, Ekaterinburg and all large cities with a delivery to different regions.
Ukraine
Kiev, Kharkiv, Odessa, Lviv with an option of delivery.
Belarus
Minsk + delivery
Kazahstan
China
Thailand
Hong Kong
Makao
Europe



Also about 20 exchanges are under verification now
If you want to become our trusted exchange-partner, please leave a request here. (https://wex.kayako.com/ru/conversation/new/24).


Due to a large demand among our customers, we are launching a VIP section for trade of large quantities of cryptocurrency. If you want to deposit/withdraw more than 100k USD, please send us a message https://vipwex.kayako.com/ and our manager will tell you about the best conditions on the market. Our exchange will be a garant in the deal, automatic escrow service will be available in the near future.

Careers
Due to the development of our platform and related projects, we regularly receive requests for IT development of blockchain solutions from our partners. That is why if you are a specialist and professional in this field, we will be glad to see you in our team. You can send your resume or a cover letter here:https://wex.kayako.com/ru/conversation/new/11

Now we are conducting an active development of the following directions:
investments, trading, arbitrage, consulting, mining, ico, exposure of pyramids. Please follow the news to know more about those branches.
We are always ready for cooperation and if you can offer us a partnership or advice us some professionals from this field, we will gladly listen to you.
We believe tah blockchain will change the future, will become an alternative of the existing corrupted finance system and that it will unite people under noble economic goals.

Thank you, that you believed in us. Thank you that you are with us.

With respect, WEX team.

Source https://wex.nz/news/1


It gets better, from the Terms and conditions

By using WEX Services you further agree to the following statements:

1. represent that you are:
(a) NOT an individual who is a resident of the United States of America, its territories or possessions, any state of the United States of America or the District of Columbia (the “USA”);
(b) NOT a corporation, partnership or other legal entity formed under the laws of the USA;
(c) NOT an agency, branch or office located in the USA of a corporation, partnership or other legal entity that was formed under laws other than those of the USA;
(d) NOT a trust of which any trustee is described in (a), (b) or (c) above;
(e) NOT an agent or a fiduciary acting on behalf or for the benefit of an individual or entity described in (a), (b), (c), (d) above.

2. Your decision to use WEX services was:
(a) NOT based, at least in part, on information You received or communications You exchanged while You, or the person providing the information or with whom the communication was exchanged, was within the USA;
(b) NOT made inside the USA; and
(c) NOT communicated to WEX from a source within the USA.

Obviously WEX are not interested in trade with the US and being subject to the same nonsense that BTC-e was.

I think there is a security hole in the forum.

When I logged in this morning, my Avatar had been changed to A Spectrcoin logo, and my signature had some of their promotional material.

When I checked show posts, someone has been posting from my account since March 12th.

I deleted the avatar and signature and changed my password. However I don't think the password was the issue.

When I looked at some of the posts that had come from my account I noticed a whole lot of posts in the thread from other users that also seemed to have the same Spectrocoin logo etc.

I think the forum itself has been hacked.

I just saw this announcement (I am a bit slow) http://avalon-asics.com/adjust-a3255-price-extra-free-chips/

Our design contest have finished at Dec 3 2013, this activity contributed to the community some usable A3255 design. The champion is drllbitsystem.com. They will receive 5000 chips. Their design files were here : http://www.drillbitsystem.com/avalon/

If you have any question on design. You can send email to here:

Congratulations guys, I didn't even know you submitted an entry to the contest!

[Introducing the DrillBit System]

https://bitcointalk.org/index.php?topic=266235.0

There is a Bitfury chip based Australian project in the group buy section you may not have read about because is a slightly unusual spot for a new hardware thread. See the above link.

Here is a short summary.

Introducing the DrillBit System

An affordable and expandable bitcoin mining system.

The DrillBit system is the most versatile Bitcoin mining system available. It will expand to suit your needs. You can start up with a small mining rig, similar to many entry level rigs on the market, or you can start bigger. As you decide to expand your hashing capabilities, the DrillBit system will expand to suit your requirements, easily and simply.

The basic module of the DrillBit system is a single DrillBit board; an 8 BITFURY ASIC card. With the basic hashrate of approximately 21.6 GH per card (based on BITFURY's published spec of 2.7Gh/s per ASIC), the board plugs into a standard USB socket. The power can be supplied by a normal ATX power supply. If you are only running a single board, it may also be powered from a spare disc drive connector, allowing you to install it out of sight, inside your computer, should you wish to. You can be hashing all the time, with no extra boxes to stash, no cords to trip over and accidentally unplug.

The ASIC board has 3 ports built in. The top port on the first board takes a data distribution board - like the FPGA board in the Avalon miner, only much, much simpler. It comes included with the initial purchase of a DrillBit board so you are ready to start mining as soon as you get it, nothing more required. But when you want to add more hashing power, this is where the DrillBit system really shows its advantages over other systems. If you want to double your hashrate to 43.2GH, just get another ASIC card and plug it into the bottom port of the first card. Its that simple. No big strings of USB hubs, no messy cables or setup changes. The data distribution card automatically registers the extra ASIC card and operates accordingly. Up to 4 cards can be stacked in this way. Simple, convenient, efficient. Just add more processing power when you want to. You can then be running at 86.4GH quite easily, expanded up from your initial investment of 21.6GH. Nothing to resell, nothing going unused.

If you wish to expand beyond 4 DrillBit boards to achieve even higher hashrates, the DrillBit system can accomodate this also with the backplane system. The backplane is a large distribution board that the ASIC cards plug into individually. So if you want to run much higher hashrates, you can get a backplane and fill it with ASIC cards as you decide to buy them.. The same principle applies. Simple and efficient. You just plug in extra cards, and the system configures to the extra power. All versions of the system run conveniently from a standard ATX power supply, so it is easy to operate. You could also just run a number of card stacks from a USB hub, in much the same way as other systems offer, if you so desire. Or you could run multiple backplane systems from the same setup. With 16 cards in a backplane, you will have up to 345.6GH/s of hashing power.

Thats more than any other single miner on the market at this time. But the beauty of the DrillBit system is that you don't have to outlay all that cash immediately. You can get started on a smaller system of whatever size you like, and build as you are ready.

** A note on the hashing power of BITFURY chips. The chips have been demonstrated to have performance up to 2.7 Gh/s. This is what you can get if you overclock and run them at very high temperatures. The sweetspot for efficiency of W/Gh is more somewhere around 2 GH/s. We will have more info on this once we get more testing done.

The Drillbit board is designed with overclocking capabilities built in, so you will have control over how hard you run the chips. We will provide specs for recommended stable running rate, but in the end if you want to squeeze every last hash out it it, you will be able to so.

We will also be offering a thumbdrive version of the Drillbit System comprised of 1 chip, giving you up to 2.7 Gh/s. These will be nice and cheap. Pricing soon.
 
The DrillBit system is designed by Dan Stocks, an electronics phd with 30+ years in electronic design, highly experienced PCB designer, currently doing it as a full time job for a well known electronics manufacturing company.

I read in the main CNC thread that the block chain may have forked into as much as 3 different paths so I thought it was worth starting a new thread to bring it to peoples attention.

I wouldn't mind a summary from someone that has looked into what actually happened, and when it happened, please if you have the time. Also any advice on what people holding CNC should do?

[Specifications:]

Taken from:

https://products.butterflylabs.com/65nm-asic-bitcoin-mining-chip.html







65 nm ASIC Mining Chip
4 GH/s Calculation Speed


Specifications:


    Technology: Global Foundries advanced 65nm technology (IBM core)

    Die size: 7.5 x 7.5 mm

    Substrate package: 10 x 10 mm

    Package type: Standard BGA 144

    Design type: 100% Hand routed for performance density

    Power consumption: 3.2 Watt per GH/s

    Performance: 4 GH/s

    Performance design: 16 engines @ 250mhz nominal (294mhz max)


Advantages of Butterfly Labs chips:


    1/2 the power usage per GH as the closest competitor

    1/10th the silicon area per GH as the closest competitor (Very high performance density)

    Proven design currently operating in the field and ready to go.

    Unlike some QFN packages which require underside heat sinks, you can use off the shelf heat sinks due to the FCBGA package. No need to design and manufacture heat sinks!


Terms of purchase:


    Delivery:  100 days

    Payment:  50% deposit on order and 50% upon delivery

    Cancellation:  All sales are final and deposits will not be returned if final payment is not made prior to delivery.

    Minimum purchase:  100 chips


Considerations:


    Chip grades:  Chips come in four grades of performance.  Chips are sold in mixed grade lots.  A grade has 16 engines, B grade has 15 engines, C grade has 14 engines and D grade has no less than 12 engines.  All chips run at a minimum of 250 mhz.  Higher grade chips will run up to 294mhz.  The percentage distribution in each lot is 60% Grade A, 20% Grade B, 15% Grade C and 5% Grade D.

    Reference documentation:  Butterfly Labs is releasing it's PCB schematics & MCU code to open source.  Links to this documentation will follow shortly.

    Limited availability:  Chip availability is limited to 100,000 units.

https://www.youtube.com/watch?v=YhsKCnDD3F8 chip production

Curious to know how much people actually know about Ripple.

Does anyone know how to reduce LTC transaction fees from p2pool mining? To transfer 1LTC a dialog box pops up asking for a 0.6LTC transfer fee.