You make it sound so dull, for the original PDF in full technicolor please download here:

www.bitex.co.uk/AbacusCoin.pdf

This is still subject to some change and although we have had it reviewed and checked over prior to release, please remember we are still only human, and can make mistakes. however as always we welcome any constructive criticism and feedback.

good rig, stable no issues

Good rig, stable, will lease again when I have more spare BTC

Great Rig, No downtime issues, and very helpfull rig op, who advised me where I should point the rig to inprove the stability issues my pool was having, was looking forward to rehiring however, I over slept and looks like someone beat me to the chase.  Thanks

Fantastic, Thank you.


I had a feeling it was something like that but just wasn't..

I'm Trying to setup an eloipool server, and have successfully got it running, but wanted to see if anyone could explain some of the items available in the configuration as despite a bit searching I havnt been able to find an answer......

ShareTarget = 0x000000000fffffffffffffffffffffffffffffffffffffffffffffffffffffff

GotWorkTarget = 0x00000000ffffffffffffffffffffffffffffffffffffffffffffffffffffffff

What is the difference between share target and got work,  and with that in mind should

GotWorkURI = ''

Be pointing to bitcoind or is got work for merged mining?

and finally

SecretUser = ""

what user should go here? bitcoin, altcoin, server?

Thanks

Im Glad to see at least some of you know we are,

Thought the world had gone crazy over night.

It would be a pleasure, we will let you know as soon as we can cater for this.

I have the following hardware:

• 2xAvalon 4 Module 55 Nm
• 29 x BitFury Block Eruptors
• 8 x BitFury Red's
• 1 x BFL Jalapeno
• 1 x BitFury Mining Blade
• 1 x ATI Raedon 7990
• 2 x ATI Raedon 7700

I use a variety of differnt versions of CGMiner depending on the hardware and p2pool

This is actually just a forwarding address, as we are currently all working from different locations, we are not actually based in Essex if you would like more details please contact me directly I am happy to disclose this.


We have investors already that are covering our costs for the prototype, which is why we are not asking for pre-orders, but are great-full for any support as we are all on a tight budget.  But needs must and we will survive.



We are not asking your bank for anything nor are we asking you, we are excited about our offering, we have sat on it for a while now and our software and our optimizations are very promising, much more so than our minimum guaranteed rates are indicative off.  We are working on a prototype and we will even try  and give on to one of the cynics out there to play with when its ready.  and for sincere hope I want to over deliver, early for below cost.   That is my goal.  But as you say, lets see what the prototype does.  and take it from there, frankly I see no harm in announcing our device now.


We certainly will, I would like to wait until l my personal dev kit arrives so I can demo some software at least, or until we have a prototype.  We very much look forward to exceeding all your expectations and even getting the cynics on board.

We have some photo's of our hand sculpted cast from the mint, however we are aiming to visit the mint this week and will try and get a nice collection of images for you here, not only of the design we hope but also of the entire production process.

Thanks for your enthusiasm

The primary goal of this project is to provide a commemorative coin that is able to securely store a crypto value.


I assume this means you are involved in illegal activity and I hasten to add that we do not associate or approve of these applications for this remarkable technology.  And suggest perhaps you wake up.  Smell the coffee, and maybe get a life and come up with some ideas of your own rather than just flaming other peoples on the forums.  While I am more than happy to sit  here and point out that you are only wasting your own time and energy on something that isn't really productive.  Why don't you apply yourself to some useful, I would suggest a good use of your time would be to learn a better grasp of basic grammar.

Good Luck with your own projects.

I want to make it clear we are happy to answer any and all questions.  We will not take offence, however please expect to be spoken to in the same tone with which you correspond with is.  I also want to reiterate:

WE ARE NOT TAKING PREORDERS

However if you wish to contact us directly and help us make this reality with usefull suggestions or donations against a future order we are happy to take these, it all helps with the development.


Yes this one was rather rushed from we wanted a different image to show the minor differences in the unit for a meeting with a UK based Mining hardware shop that have expressed interest in our boards.  Unfortunately they did not make the meeting and the image was unnecessarily rushed, but I am meeting with them later today, and we hope to show them a demo of our software and we are hoping they will agree to partner with us in this project.  More news soon.

As a Doctor who Fan I wish that was the case, however sadly no, this has to be put down to  last minute changes to include a larger screen on the MK.II, and the image doesnt accurately represent this. Our Graphics designer is currently working on a more final kind of box, the intention is to keep true to the shape in these concept images, but the sizes will be as specified on our site.

@DR-LENIN, thanks for expressing your opinion, I imagine had you bothered to read the entire post you may have noticed several times we have said we are asking for no money from anyone. not for orders or deposits, until there is a prototype to demo. All we have said is if people want to show us their support before then we will not say no and arguably this is no different to a donation which many people ask for.  The only difference is when we deliver we will repay any good faith in kind.  I Really hope that makes our position clear on this cynics view of pre-orders.  I really hope that you will wait and see what we deliver before making sweeping judgement's.  Otherwise best of luck to you, and thank you for also sharing your thoughts.

Oh also I want to clear up the point you make about 'prototypes'

When I refer to a 'prototype' this is my definitions:

"A Production quality board and casing, with a final version of our software, and the final iteration of our hardware optimisations"

This I confess we do not have.

What we do have however is the following

Cyclone V SX SoC (System-on-Chip)
Stratix V GX Development Board
Full Quartus II License
EAGLE CAD Professional

We Also have:

1. A Working S-Crypt Bitstream -Has undergone some optimisation and is undergoing further optimizations
2. A Working SHA-256 Bitstream - No optimization work yet carried out
3. A Work in Progress XPM Stream
4. A Work In Progress PTS Stream
5. A Work In Progress Web Interface for the System
6. A Working Profitability Algorithm pending integration with incomplete bit streams.

If you have any questions relating to this that I have not answered feel free to forward to info@bitex.co.uk and our team of hardware specialists will happy to liaise with directly.

Thanks for the good wish's we appreciate that some of the community do not immediately label us scammers.  Yes we are aware of what the alpha miner is offering and we agree in terms of power consumption it is a comparable device. However we maintain the value of our unit is the multistream capability.  And as I mentioned before all the numbers have been given massive error margins, we would rather under sell the device now, to beat expectations later than commit to a rate that we cannot 100% guarantee.  I hope you find our future as interesting, and will at least consider our units once we demo the prototypes.  My architect is now working fully on getting me all the info on what our process is from here to prototype and once that information is available I intend to share.

Thanks

This is correct apologies for not making that very clear, this is an exciting time for us and we are all very eager to reach production.  I anything is unclear please let me know.

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Final response for this session I'm afraid now, Yes there will be a limited number of special offer pre-orders where we offer extra bits, the reason for this is two fold:

1. It reduces the potential impact of any bugs we miss prior to initial release and gives us an opportunity to resolve before shipping en-masse
2. by offering extras such as examples I gave earlier it is our way of thanking people for putting their faith in us rather than needing to see a final prototype to place their order.  Its a thanks from us for supporting us as both individuals and as a business in the final leg of this sprint, and we feel people that take this chance on us should be rewarded in someway.  In terms of limiting future orders there is no intention to do this. nor  to leave massive delays between production runs.  So once we hit mass production we aim to be able to meet market demand.  And further develop our systems.

But like i said we are not asking anyone to put any money up front as yet.  we want to plan this launch with the members of the community who see the value in our ideals and our model and want to help us build this piece of history in the making. 

But as always that is my opinion and if you disagree I will respect your right to yours and your right to challenge us.  For us each obstacle is worth the future that we can see.


I look forward to being able to just that, and maybe I will try and hand deliver some units the the major cynics among st you once we reach that point.
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Final response for this session I'm afraid now, Yes there will be a limited number of special offer pre-orders where we offer extra bits, the reason for this is two fold:

1. It reduces the potential impact of any bugs we miss prior to initial release and gives us an opportunity to resolve before shipping en-masse
2. by offering extras such as examples I gave earlier it is our way of thanking people for putting their faith in us rather than needing to see a final prototype to place their order.  Its a thanks from us for supporting us as both individuals and as a business in the final leg of this sprint, and we feel people that take this chance on us should be rewarded in someway.  In terms of limiting future orders there is no intention to do this. nor  to leave massive delays between production runs.  So once we hit mass production we aim to be able to meet market demand.  And further develop our systems.

But like i said we are not asking anyone to put any money up front as yet.  we want to plan this launch with the members of the community who see the value in our ideals and our model and want to help us build this piece of history in the making.  

But as always that is my opinion and if you disagree I will respect your right to yours and your right to challenge us.  For us each obstacle is worth the future that we can see.
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I am going to hold of making any more controversial statements right now, as I can see there are many mixed feelings, but we are and we intend to stay here.  I am thinking a good way to address many of these concerns is hold a public event with key members of our project to answer your questions live at an event which we would stream as well.  If anyone has any advise on how we can proceed and arrange such an event your advise would be welcome.  And equally please keep the hard questions coming.  It is my opinion if we cannot answer all of your questions reasonably then we have to re-evaluate prior to launch but we will launch.  And this will represent a shift in the mining market place.

And before i end this very exciting and much anticipated day I would like to conclude with for all those of you who do know me personally and have done business with me.  Or have consulted with us along the way please endorse us in this thread and help our credibility, I suspect that there are a few well known members of the community who can do so.

Goodnight and Welcome to the Future!

The BitEx Team
https://bitex.co.uk/who_we_are.htm\

And as a final Gesture i have noticed i negleted to add my linked in to my profile on our site so please find it here:
uk.linkedin.com/in/oliverhafner/
https://trustcloud.com/profile
http://my.miicard.com/card/hafnero
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