WAY more has gone on........
I remember a post I made related to , "only a certain kind of business men do business in Macao", this was way way back when certain pictures came to light.
Funny how my posts have disappeared.....
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This is a classic Chinese pump and dump con based on a minimum ship rate. Something BFL could learn from.
1. create demand , by limiting stock 2. partially ship product from batch 1 3. Introduce batch 2 at a highly inflated price 4. Ship partial batch 2 orders BEFORE completing batch 1 orders 5. enter Batch 3 orders at megga high prices 9k per unit, only take bitcoins not bank deposits, because its a business and this is about tax avoidance 6. start shipping minimum of batch 3 units before moving onto batch 4 , noting that batch 1 orders have not even been completed. ......
Something happens and it all goes tits up.
Its not about shipping stock or building a reliable company... its all about making money
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fail..... you need to maximize the surface area and create turbulence, this gives you 'mixing' events inside the liquid and increases your cooling
What might work is something like a miniature heatsink fins fixed to the bottom plate with the top plate fitting over them so that there are fins inside your flow channel, that would maximize your surface area.
Heat is absorbed by the bottom plate, into the fins, which then have the water swirling about them.
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sorry a prototype is NOT shipped.
If I produce 10 boards with crap hanging off them and screws holding them to a table , then supply them to developers that does not count as shipping.
If it were, then Tom could also claim he had "shipped" ,since he also had a prototype that Dave saw.
The only thing Dave saw was Tom's tiny dick. You still believe craps Dave told everyone here? I'm a naturally trusting person, ask bitmofo.
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Fail.......
send me your Avalon and I will send you a maths book and a link to the bitcoin WIKI
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So FPGA's are not that bad after all (If you only look on electricity consumption): On purchase price they are aweful though: | $/GH | zTEX | 1450 | Avalon | 110 | BFL | 22 |
But if you look how many BTC they will give, I think buying FPGA's around christmas 2011 kicks all ASIC's in the butt! Edit: Just need a timemachine and someone that gives a crap! You just know it is a sad state of affairs for the gene pool .... when an individual wants a time machine to go buy FPGA's... when in reality he should be buying bit-coins.
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The best offer is at 20.000€. Please do only send message if you would bid higher. Thank you! (=
Seems to be a bit of a difference....... EUR 3.011,00 02.04.13 13:27:51 MESZ you say it is 8 * what it actually is..........
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Or you could just invest $3,000USD in bitcoins.
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sorry a prototype is NOT shipped.
If I produce 10 boards with crap hanging off them and screws holding them to a table , then supply them to developers that does not count as shipping.
If it were, then Tom could also claim he had "shipped" ,since he also had a prototype that Dave saw.
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It will not work very quickly.....!!!!!!!!!
1. bitcoin is Sha256(Sha256(x)), where x is the data+nonce 2. even if you were to implement this card, you would have to get the data from the card and then send it back in again!!!! Then when it came out again, you would need to compare the ass end for a row of zeros
So even with the fastest fucking CPU on market.. it is STILL going to be slower than even a shitty FPGA, why? Well because an FPGA can collapse down 'Sha256(Sha256(x)) top bits =0' into one fucking clock cycle.....
Where as your setup is going to require several syncronised clock cycles to do the above.......(certainly to get the data over PCI) AND your main nonce increment is going to be OUTSIDE the high-speed logic & inside your overpowered CPU.....
Go learn a little more about bitcoin and how it works.....
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"since his order was one of the first ones in the queue from last year. "
Therefore it was not actually the first.........
So much for 'non preferential' treatment then..........
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I think the market is crying out for a bite-sized product. Maybe 10 chips making ~2.8GHps.
If you could license the submodule PCB design too you'd be most of the way there.
I think you are dreaming... with that sort of hashing power it is not going to be worth mining, by the time it hits the market the ROI is going to be way out there.... Even in the last two weeks, there has been a significant increase in difficulty and I'm beginning to think that BFL is not going to ship any time soon, because they have the cash and the server farm Idea they are floating , seems to beg that they will be mining with the product people have paid for. At over $70 a BTC it is well worth it, then all they have to do is gradually release the product to the market once they have 'mined' with it , after all what can anyone do about it? Did they already not state that there is going to be a 'phased' delivery and not a FIFO order book? It all sounds like bullshit to hide exactly what they are shipping and the quantities they are self mining with.
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First the good news. Some basic Googling seems to indicate that Max Avroutski is a real person that has some experience in various facets of IT. This is a step ahead of most ASIC scams where all attempts to research the company turn up nothing before three days ago. His LinkedIn page does not inspire much confidence though, for example:
"knowledge in business processes and business practices, law, material science, psychology, neuroscience, medicine, manufacturing processes, computer science and more;"
Best case scenario is that this is a very early stage venture that will likely encounter the same issues that the other legitimate attempts did. Chances of success are slim and none, and Slim is warming up his car to head out of town.
Please do not attempt to preorder anything!!!
Sorry this means nothing, I know at least one guy on linkedin who appears to be highly professional and with his own company with a million $ turn over. To read his LI profile you would think he personally invented oxygen, time travel, languages and ALL good Ideas. Unfortunately I know the guy and his LI profile is just an bloated extension of his imagination. So I'm sorry but a self mastabatory LI profile is not going to cut it with me. (show me the patents......)
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Until recently I was working with a guy in HK that knows a couple of the political people, his plan was to do something similar to this, he had invested in 'toms' mining equipment with a view to setting up a demonstration and taking it from there. Unfortunately when Tom fucked every one over the plan went to the wall.
He may be interested, are you based in HK?
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Selling a "broken in half" telicom PCB with an FPGA missing for $99 bucks is hardly going to fund his next enterprise........
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Who ever set up that "production area" is a fucking idiot and does not really understand what they are doing, certainly as regards Anti-static procedures for handling ASICS and PCB's at the level they claim they have. Sorry but that is an epic FAIL.........
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How do you validate your chain of supply? I.E You may be selling in good faith, how do you verify that the coins you have been supplied with are genuine?
For example in Hong Kong the government insists that any gold/silver comes with a certificate of indemnification which is backed by the government.
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Be very careful purchasing Chinese high value coins, there are factories producing fakes by the thousand. And YEP i know Ebay provides protection.... but just how would you detect a 'wrapped' coin without the correct equipment?
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