Where exactly does he say the wafers are almost done? Where exactly does it mention anything you were just rambling on about? You're just trying to spread FUD and everyone can see how full of crap you are. You're a big-headed know-it-all and like all such people, you'll run away and hide before admitting you were wrong.
So what are you raising funds for then? No, semi company in their right mind would be wasting their time helping you design a chip to do this unless you have a team of experienced people that understand the system. The current development lead time on 45 is well over 6 months even if you had a design so you will not even have a product for 12 months. 28??? How are the wafer starts looking in 28? lots of space for you?
You just got to the point of signing the NDA? So, all this money is to develop a chip now? You have no chance of getting a wafer start. Probably best to just sticking to pumping and dumping a stock that is trading on what value???
Wow, people really have a lot of faith don't they?
We know what we are doing. The wafers are already almost done. When did you start the chip design? I thought you just signed an NDA here last week with a fab? You mean you already taped out the mask? Or are you on a shuttle? What did the fab tell you would need to show prove of funds for before they would even turn you to legal for vetting? Just prove to me that you do know what you are doing because your statement above seems strange. The design was started last year, it is proven to work. I will need the funds soon for the NRE. I accept your apology Mabsark. I also apologize to you for expecting you to go and read it for yourself but since you constantly were critiquing reading ability, I figured your own was beyond reproach. I didn't offer you an apology but I will admit that I was wrong. Ken did say that the wafers are almost done and that the design was started last year, just not where you said he made such comments. That does not mean Ken is lying though. Look at 100TH's reports on picostocks. They were still designing the chip on 2013-03-01, chip production started on 2013-03-28 and wafers were finished by 2013-05-24. So, in just under 3 months, they went from chip design to finished wafers, something you're insisting takes years to do. It the BitFury devs can do it, why can't AMC? |
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If you're going to criticise the project, then you should have at least read the details.
I am done with this forum, it is probably better if everyone gets ripped off again. But, why don't you Mabsark learn how to read. Read around post 110 back a bit, Slaughter SAID THE WAFERS WERE ALMOST DONE. So, he went from "just signing an NDA", to a full mask set and right into almost getting the first batch of wafer starts in ONE WEEK? Then, he ordered chips from Avalon (really crappy chips compared to the 45nm chips that he was getting soon. Hope you lose lots of coin my friend. I've just looked back at post 110 and it makes no mention of wafers. I also looked back 110 comments from this one, and the only comment I can find which sounds as if has anything to do with what you just wrote is comment 546: One point you are missing, is we did not say that we are going to use Avalon chips for all of the 992 TH/s, so your calculation are a fraud. If fact I have
told you over and over that we are working on a 45nm and a 28nm chip. Those chips will use 10X less power that Avalon's. Where exactly does he say the wafers are almost done? Where exactly does it mention anything you were just rambling on about? You're just trying to spread FUD and everyone can see how full of crap you are. You're a big-headed know-it-all and like all such people, you'll run away and hide before admitting you were wrong. |
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I no longer want a share, I've decided to upgrade my BFL order instead. Thanks for the offer though.
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As you can see, the 45nm ASIC devices are not due till March 2014 and the devices till then rely on those Avalon chips. I suggest you try reading before making such idiotic comments in the future.
Re-Read what I wrote MORON. Do not presume me to be the idiot, there is a saying in vegas about people who think they are the smartest one at the table.... He JUST SIGNED AN NDA moron. Read. Or why don't you call a company and ask how long from NDA to receiving a 45nm chip is a reasonable expectation. I am awaiting your call. I will presume you to be an idiot. You quite clearly said, If you are claiming you will have a 28nm in this year, you are a liar. If you're going to criticise the project, then you should have at least read the details. |
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kncminer are already planning a litecoin ASIC according to their website.
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This is simply idiotic nonsense. How on earth can you call a company a SCAM for delivering products later than advertised? I'd rather see you people who keep perpetuating such idiotic drivel rightfully labelled as "Idiotic Troll".
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198EpLMpTowuXAa5GLESa9GNe917GUso8j
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Ken, you should get in contact with the BitFury ASIC developers and see if you can buy any of their 65nm chips.
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http://www.axs.net/AMC/AMC-Profit-Estimate.pngNow correct me if I'm wrong, but you entered 992 TERA-hash into that mining calculator...not gigahash. It also states that you're expecting 1600 BTC/day, but only ~3600 is currently generated each day. You expect to control ~45% of the total mining network? You don't even have a single functioning ASIC yet. This is our 24 month projection with a 40X times increase in the difficulty. We have gone from 384,000 MH/s on order to 5.651 TH/s on order in just one month. Since we are putting back 50% of the revenue back into purchasing more mining power we will cause an exponential growth of hashing power over the next 24 months. Of course the 992 TERA is just a projection. Also, should we get to 45% of the network hashing power, we would not add anymore hashing power until our control of the network falls back to 40%. LMAO. As an exercise for the reader who doesn't recognize what a complete fraud this is. Consider this. 45% of 992 TH = 446 TH Avalon power requirement. 10 W / GH. Power needed for 446 TH = 4.5 MW Are you building a power plant along with your imaginary silicon? One point you are missing, is we did not say that we are going to use Avalon chips for all of the 992 TH/s, so your calculation are a fraud. If fact I have told you over and over that we are working on a 45nm and a 28nm chip. Those chips will use 10X less power that Avalon's. Slaughter; you are full of it. What do you mean "your calculation are a fraud"? Ignore the grammar problems with that sentence compared to your prospectus. Calculations are NOT fraudulent. they are correct or wrong. Given his calculation uses KNOWN FACTS, it is correct. And yes, you have suggested you are going to hash this much power, start reading your OWN posts. So, what kind of cogen are you building because we all know you are MINIMUM two years from 28 and over a year from 45nm (and that is assuming you have any clue what you are doing which your posts do not lend evidence to). If you are claiming you will have a 28nm in this year, you are a liar. So, why don't you cut all your BS and tell people how far along you actually are on "your own chip development". Because anyone who was ANYWHERE on developing a chip, would not be so stupid to buy $140,000 worth of avalon chips. That would be idiotic and a waste of shareholder funds. Like a man that said he was a few months away from getting the goose that lays the golden egg, but was going to spend all his available funds on buying regular chickens. I call BS. This is another BFL. Either Fraud or complete incompetence. Funny how they both (josh at BFL and "kslaughter") are from MO and they both ran ISPs??? Form the profile on BitFunder: Based on Avalon ASICs (110nm): 100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)
100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered October 2013)
100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered December 2013)
100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered February 2014) For 45nm: 100 Fast-Hash-400's** @ 400 GH/s each for a total of: 40 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$30,000 each for a total of $3,000,000
(Estimated to be delivered March 2014)
100 Fast-Hash-800's** @ 800 GH/s each for a total of: 80 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit
Estimated retail value @ ~$60,000 each for a total of $6,000,000
(Estimated to be delivered May 2014) For 28nm: 100 Fast-Hash-1.2T's** @ 1.2 TH/s each for a total of: 120 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$100,000 each for a total of $10,000,000
(Estimated to be delivered July 2014)
100 Fast-Hash-2.4T's** @ 2.4 TH/s each for a total of: 240 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 2 board per unit
Estimated retail value @ ~$200,000 each for a total of $20,000,000
(Estimated to be delivered September 2014)
100 Fast-Hash-4.8T's** @ 4.8 TH/s each for a total of: 480 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 4 board per unit
Estimated retail value @ ~$400,000 each for a total of $40,000,000
(Estimated to be delivered December 2014) As you can see, the 45nm ASIC devices are not due till March 2014 and the devices till then rely on those Avalon chips. I suggest you try reading before making such idiotic comments in the future. |
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Nonsense. You will not reduce power 10x by moving to 28 nm. You are just demonstrating that you have no idea what you are talking about. BFL imagined the same thing. You are just a wannabe Josh.
BitFury's ASIC is supposedly at 0.7 W per Gh/s at 65nm. What's Avalon at? Avalon is ~10W / GH/s. BFL is 6 W / GH/s at 65 nm. I don't know where you are getting your Bitfury numbers from. If they are forecasting that result, they have either made a fabulous breakthrough in design or are in for a world of bad surprises when their silicon arrives. I think those numbers originated with MetaBank.ru, plus there's also the bet made on BitBet stating that the power consumption would be under 1 W. It looks that like they hit their target. That would be an impressive result. But given that they are talking about August delivery, I have to think it's based on simulation. Josh thought the same based on simulations and bet 1000 BTC on it. August delivery is for the 120 Gh/s devices that Metabank are selling, not the chips.From 100TH's reports, https://picostocks.com/docs/index/19Wafer production completed
Wafers are finished and are on their way to the packaging facility. Few chips will be probably ready in 1 week. The rest will be ready in 3-4 weeks.
We have ordered components for the provisional board production. The provisional design will be finalized next week. The boards will be tested with the first few chips and modified according to the observed chip parameters. We hope to have all components for the remaining boards ready for assembly before the main batch of packaged chips arrives.
Created on 2013-05-24 11:13:00 by Leszek Rychlewski; Published on 2013-05-24 11:21:59 by koji;
Wafer production and chip packaging
First wafers will be completed on 2013-05-25 (few days delay). We have succeeded to request expedited packaging of first chips from the first wafers. We expect receiving packaged chips after 2013-05-30. These will be used to verify the function of the chips and test provisional board design. We believe board assembly with all 100th mine chips before 2013-07-01 is feasible.
Created on 2013-05-22 16:30:00 by Leszek Rychlewski; Published on 2013-05-22 16:35:16 by koji; |
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Nonsense. You will not reduce power 10x by moving to 28 nm. You are just demonstrating that you have no idea what you are talking about. BFL imagined the same thing. You are just a wannabe Josh.
BitFury's ASIC is supposedly at 0.7 W per Gh/s at 65nm. What's Avalon at? Avalon is ~10W / GH/s. BFL is 6 W / GH/s at 65 nm. I don't know where you are getting your Bitfury numbers from. If they are forecasting that result, they have either made a fabulous breakthrough in design or are in for a world of bad surprises when their silicon arrives. I think those numbers originated with MetaBank.ru, plus there's also the bet made on BitBet stating that the power consumption would be under 1 W. It looks that like they hit their target. |
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Nonsense. You will not reduce power 10x by moving to 28 nm. You are just demonstrating that you have no idea what you are talking about. BFL imagined the same thing. You are just a wannabe Josh.
BitFury's ASIC is supposedly at 0.7 W per Gh/s at 65nm. What's Avalon at? |
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Bitcoin is the Internet Money.
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Calculating the projected profit on today's difficulty is the only was to get an idea of what the profit might be.
I fully disclose that the difficulty may increase or decrease in the future and the projected profit is an estimate.
how about you assume something modest, like 15% difficulty increase per month? How is that any better, what if something happen and the difficulty went down, nobody really know what the difficulty is going to do. Seems to me to just calculate it at what we know and make a disclosure that the difficulty may go up or may go down in the future and these are just estimates. You are a hideous human being. Name one reasonable indicator that difficulty will go down. On top of that, name one scenario where difficulty goes down and btc/usd rate doesn't go down with it. Even if you could make reasonable examples, they would pale in comparison to the indicators that say difficulty will go up. FOR EXAMPLE: IF YOU PUT 5.6TH ONLINE, GUESS WHAT WILL HAPPEN TO THE NETWORK DIFFICULTY... Why is he a hideous human being? I've been mining since the CPU days and know for a fact that difficulty can go down as I've seen it happen numerous times. It it becomes unprofitable for miners to mine, some will stop mining. For example, if all the GPU miners stop mining, do you think that will cause an increase in difficulty? |
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I'll vote for putting them up on BitMinter when they arrive: 1% fee, merged mining (BTC+NMC) and block transaction fees sharing.  Edit: And Live Stats can be seen at https://bitminter.com/livestats/big for everyone to confirm the hashrate. What's the PPLNS reward per share? I had a look at the site but couldn't find that info. PPLNS doesn't use a specific reward per share, you receive a % of the block reward based on your submitted share # during a time period (shift) vs total # submitted to the pool. For 24/7 mining, the reward scheme is irrelevant (some have more variance in payouts than others, not really relevant for 24/7). I'd say what is really relevant, roughly by order of importance: (1) pool uptime, (2) pool connection reliability+low ping, (3) pool fee+ merged mining opportunity and (4) pool block tx fees sharing. Yeah, for some reason, I was confusing it with PPS. |
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I'm new to buying shares and would like to buy a few in SatoshiDice. They both payout 95% of what's listed on MPEX, yet GSDPT is asking 0.00348 BTC while S.DICE-PT is asking 0.002967 BTC.
Is there any difference between the two apart from the price?
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With all that money blew on SatoshiDice, would it be worth while buying shares before the dividends are paid out? Could the stolen funds be recouped that way?
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I'll vote for putting them up on BitMinter when they arrive: 1% fee, merged mining (BTC+NMC) and block transaction fees sharing. Edit: And Live Stats can be seen at https://bitminter.com/livestats/big for everyone to confirm the hashrate. What's the PPLNS reward per share? I had a look at the site but couldn't find that info. |
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Hello,
WeExchange had an unusual issue with Bitcoind being connected to peers and not accepting updates.
This basically left it isolated and was not getting new block data or passing withdraws into the network.
Was this an attack? No. It only connects to a set of peers that we specify. The peers were not at fault.
A system was setup to monitor for block desync and correct for it and notify someone.
Has WeExchange been hacked? No
Are all the funds in the hot/cold wallet safe? Yes
The same Bitcoin TXN id's that were given to users at time of withdraw (And is available by clicking the withdraw details button),
which never appeared in the network have now appeared.
I apologize for this interruption, and it will be monitored.
I haven't come across a single person who has had anything positive to say about WeExchange and I've spoken to numerous people who have flat out refused to create an account. It's time to realise that the baby is dead and remove it from you teat. It's just damaging your credibility at this point. Whats the negative criticism? Basically the personal details required by WeExchange is mostly what I've heard people complaining about. I've heard a couple of complaints about coins not showing up in accounts and a few about requiring an extra service in the first place. Those who refused to sign up also claimed it was because of the personal details and that the site looked "sketchy" and seemed even "sketchier" when they received generic error messages. |
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