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2221  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: March 14, 2014, 07:32:50 AM
Nice brick.
2222  Bitcoin / Hardware / Re: {BFL} Here's a LOOOOOOOOOOOOOOOOOOK at your Monarch! on: March 14, 2014, 06:57:52 AM
Too bad there ain't nothing "under the hood"  Cheesy  Still have a couple moths to go!!!!!  Grin

MothLabs? Couple of MOTHS to go.
2223  Bitcoin / Hardware / Re: FREE Avalon ASIC chips! on: March 14, 2014, 05:57:35 AM
You're a fool if you buy anything from Avalon


Learned our lesson. Never again.
2224  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: March 14, 2014, 05:36:41 AM
Anyone that ordered a Monarch didn't do their Pre-buy homework.... I can't feel bad for BFL buyers anymore

Although it doesn't help when BFL uses misleading advertising as they rope in more "customers" into believing the Monarch is going to be ready soon.
2225  Bitcoin / Hardware / Re: Whats your thoughts on Butterfly labs? on: March 14, 2014, 05:31:46 AM
I sense a strong intensity of this community against Butterfly labs. I'm not quite sure why I'm I'm thinking about purchasing a low end mining rig from them what can I expect? and how long will it take for it to arrive?

What are your feelings now in 2014?
2226  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: March 13, 2014, 03:56:24 PM
Gotta say I'm impressed. It's been over a month since I first ordered one of these and then cancelled the order and with the ASICminer news that's out with 1TH at $1800 I'm saddened to see the Walmart effect take place here. It had to happen though, AM was the first ASIC mining rig available and they had a pretty great head start. Anyways I hope that you guys all end up
getting your stuff going! I just bought a 30 day hosted free 180gh Ant for 1 btc that I bought for $600 so I'm happy until the next best thing comes. Plus I'm hashing from day one. I would have only caused an issue here had I went through with this miner as I cannot stand waiting past deadlines. Cheers!

How is something you bought for $600 free?

Also, I do not think you ever actually made any purchase with us. You may have placed an order but you did not actually pay for it.

Because I bought a bitcoin at $15 which I have already made back in the first day of hashing. Also I did not actually buy it youre right. I won an auction on ebay with a 14 day promise of delivery back on January 7th and almost got strung along on this ride. I am glad I called bullshit and cancelled before the miner is not worth its weight. The next gen 28nm 950 watt 1 th are shipping on 3-14-14 for $5000 from a proven source. I hope you get these going but man ole man I wish you woulda got them done somewhere in line with the original dates because the poor guys that are being strung along still at $8500 are not going to be happy when 1 PH of new miners get delivered before they even see a satoshi from mining on the cherry piee 1Th miner. Sorry bud but this race is fast and it has to be NOW. That is exactly why I cancelled because I knew it wasnt going to be 14 days...which is like 6 months in the bitcoin world. Good luck though I truly wish the best for you, I just dont agree with stringing people along. Whether its legit or not.

Here is a link to the miner if you want to just order these at $5000 and sell them at $8500

The 1TH/s miner you posted a link to has been confirmed to be fake A1 Coincraft ASIC based miner produced illegally in China. They are being sold on the black market in China illegally and without Bitmine's permission:

IF YOU PURCHASE THIS MINER THEN YOU ARE PURCHASING COUNTERFEIT HARDWARE AND IN MOST Countries that is considered illegal. Just trying to warn people because we have spent a lot of money on genuine A1 Coincraft chips that we purchased directly from Bitmine at the end of January and we know how much they cost. There is NO WAY that the ones being sold in China for around $4000/miner are legit.

There is no guarantee that those chips will perform to Bitmine's standards and they are definitely NOT real A1 ASIC chips. Check the price on Bitmine's website yourself for purchasing 500 chips. Their pricing is $43,750 for 500 chips which comes out to be $87.50/chip

How can people in China afford to sell 1TH/s Bitmine A1 Coincraft based miners with 40 chips per miner running between 25-30GH/s per chip for only $4,200? The 40 chips alone cost $3,500 (40*$87.50=$3,500)

This $3,500 bulk purchase cost of the 40 A1's from Bitmine does not include the cost of making PCB's, cases, PSU's, cooling, Raspberry Pi, etc...

The math does not add up so I would be VERY CAREFUL of buying those illegally produced A1 chips that are likely to not give good performance. I bought cheap Avalon Gen2 cloned ASIC chips in the past and those miners run very inconsistently.

Quite amusing really, being as coincraft got started by cloning a Chinese chip

They didn't clone the chip. They bought them and built the cloned miners if I am not mistaken. Big difference.
2227  Bitcoin / Hardware / Re: 28nm ** 1T ** 900W【JingTian miner】 in production !!! on: March 13, 2014, 11:48:00 AM
Bitmain and their Ants are definitely what all vendors should be aspiring to; good price performance and 100% legal. It goes to show that not all Chinese companies are the same and that one should be vigilant against companies like JT, JianTian, Dragon, etc who have no qualms with using stolen technology in their products.

Frankly I don't see any reason why anyone would want to purchase anything based on the A1 as currently it simply isn't a competitive option.

Lesson learned. Don't use Innosilicon ever.
2228  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: March 13, 2014, 11:14:03 AM
Bitcoin Miners progress update 13 March 2014
1.We have approved the 2nd review of the Minion substrate and it has been taped out. Chip packaging is on schedule.

Estimate on how many more weeks to go on the Minion chip?

We are keen to get our hands on the Minion!
2229  Bitcoin / Hardware / Re: The Wasp Project Collective Information thread. on: March 13, 2014, 10:54:44 AM
Like the agenda Smiley

I have another idea that might be interesting for you. What about having Wasp ASIC store? Since in most cases you need to buy a lot of ASIC to get them or get close to good price. I'm ready to run it with minimal mangers for EU or whole world if that would need to be the case... Something we can also talk about if this is something you think your collective needs.

We definitely want people open their own Wasp ASIC stores, that is fine and we are willing to support anyone interested in fabrication, as this project is not a one off and will be a long term prospect for anyone looking to retail or wholesale Wasps & Hives and potentially other accessories as we move forward. Note we are not fabricating Wasps or Hives directly as the WPC. The exception is for our own prototypes and proof of concept using A1s and BitFuryII chips currently. And future plans for the Minion and Asicminer chips due out next.

At our last meeting we did discuss how our products could be marketed to those still looking to do the DIY kits and home mining particularly altcoins can as this is a modular system and massive mining operations looking for more control over their farms with the ability to tune each chip via the software along with the ability to upgrade / maintain Wasps without taking whole Hives offline.
2230  Bitcoin / Hardware / Re: The completely evaluation of Dragon 1 T bitcoin miner from china on: March 12, 2014, 09:48:13 AM
So have these knock-off chips been reported to Chinese authorities?
2231  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: March 12, 2014, 09:42:17 AM
Wishing you luck and a speedy shipping!

Solid update there.

Can't wait to see a support thread in the Custom Hardware section.
2232  Bitcoin / Hardware / Re: Green (ECO) mining on: March 12, 2014, 08:09:55 AM
Nice work. Definitely following.
2233  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: March 11, 2014, 06:52:12 AM
LoL if you paid 8500$ for miner you would care glad I didnt at this point...

I'm not sure if these will ever exist:( sadly

We are updating our customers directly and when we ship (very soon) we will create an official support thread.

If you have not been UPDATED directly by Ntek then you need to contact them. If I read this post above it says clearly they will contact CUSTOMERS directly.
2234  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: March 11, 2014, 06:47:46 AM
Very close to admitting i made mistake wish someone would prove me wrong!

You can call Ry or email him directly. He isn't running away from his obligations. If you are really looking for a resolution / refund that is where you need to focus your energy. Threatening Ben regarding a purchase of Ntek equipment seems pretty off base considering he isn't employed by Ntek.

2235  Bitcoin / Hardware / Re: The Wasp Project Collective Information thread. on: March 11, 2014, 01:17:23 AM
Lucko I did discuss with EE team about the board itself and it might be possible, should testing prove it out, that a standard board could be used, although overclocking an A1 Wasp might be less likely or desirable. Testing on this will take place once we have a fully populated board by this week hopefully. See you at the meeting Saturday.

2236  Bitcoin / Hardware / Re: The Wasp Project Collective Information thread. on: March 09, 2014, 03:39:38 AM
- The World's Slowest Miner! -

Mining chip simulator demo. The mining chip (avr xmega) is being controlled by a avr uc3, with bfgminer running on the PC.
- FE

Published on Mar 8, 2014
2237  Bitcoin / Hardware / Re: The Wasp Project Collective Information thread. on: March 09, 2014, 03:32:04 AM
10 Hives now in production.

10 protoype Hives should arrive early next week, the back connectors and other parts to build are on order, so some completed boards should soon be under way.
- EE
2238  Bitcoin / Mining speculation / Re: Is it time to shut down 1st Gen ASICs? on: March 08, 2014, 02:32:31 PM
Which first gen machine are you running?  I was thinking the same thing, underclock it and see how much the power usage drops.  Although it's probably more profitable to just sell it off on eBay or Craigslist.
BFL Singles and nitro jalapenos. They might be second generation, I don't know. But nice little boxes no doubt.

The real fun would be to replace the chips with a Monarch chip. Yes I am thinking about this... :-)


When 2015?
2239  Bitcoin / Bitcoin Discussion / Re: I am not Dorian Nakamoto. on: March 08, 2014, 02:15:56 PM
I am not Mark Karpeles

Donate for a poor MTGOX Victim: 18wBk1d3nmZWM3gAQ4uHZbGikzhR4y7EUE

Lost most of my Coins

How is your BFL Monarch coming? Don't forget to update your thread on that order.
2240  Bitcoin / Hardware / Re: BFL Monarch update on: March 08, 2014, 05:19:57 AM
I will say at least they gave the customers a bunch of options for compensation.   I have a hosting client that has a large order of these and he wasn't happy but was happy they gave him options.   5 week delay is major in ASIC-land.

How are you going to handle putting more than one card in a case if they require water cooling?

Curious, not trying to troll.

They are controlled by USB and don't need to be installed in a computer case.  Apparently BFL are designing a stand that they can be mounted upon.

How can you put enough of these units in stands or cases or racks to make it worth your while to mine and cool them. If you are not building something like the allied controlled / asicminer solution you are simply not playing to win. Crappy and seriously inefficient after market cooling water blocks are not going to keep pace with the density of the system in the videos. Mining at home is pretty much dead and the idea that the Monarch is a design innovation is ludicrous.
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