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601  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: April 03, 2014, 01:01:06 PM


DO you mean at that time ,we couldn't mine NRS? or couldn't mine NRS with the facility which now we mine with? more over just use the facility we developed?

The fiat/NRS is what? Just like BTC,ltc or DOGE can be used to exchange to other coins? Huh

huh? I mean the Noir mining facility. it means no more investing in the facility, only those who do so before the deadline will receive dividends from it.

fiat NRS will be main focus of devs and management now.
602  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: April 03, 2014, 08:31:37 AM

Time is for closing of Mining facility
603  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: April 03, 2014, 06:11:50 AM
604  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Noirbits Update required Improved algos !!!! on: March 31, 2014, 02:53:39 PM
I downloaded the wallet but it is not syncing.

I am confused about the mining and investing. Is this a hybrid type where it is earned by either mining or IPO investing?

Go to NoirShares for now if you are a investor. NoirBits is used but not many people want to part with them.
605  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Noirbits Update required Improved algos !!!! on: March 31, 2014, 12:40:31 PM
This coin is dead, right?

Noir Group dev team and investors have decided to migrate it from scrypt. this should happen in two weeks.
606  Economy / Services / Re: [open[Lee group,Round 4]3150$ and 2800$ !! Sales promotion of dragon 1T Miner on: March 31, 2014, 06:34:49 AM
all of the miners in the batch of 29 March(32 units) has been delivered today and the track no have been send to your contact email, all of the host miner also have started to work for the owner.
Never realized it is a tough mission to do this, and i am very tired and did not eat anything for the last 8 hours,Thanks god, i have successfully get the last  5 miner to the express car just 5 minuets ahead the departure.  i need some food and a sleep, and will back after that:)


Just wanted to thank pcfli for a successful group sale. My hosted miner went online on time and with very little drama.

I waited until there was some good feedback on the early batches and I paid direct BTC to pcfli for a hosted unit. I'm not advocating doing that, its just the way I wanted to deal with it, feel free to escrow as needed. But I just wanted to let people know that, from my perspective pcfli is straight up and doing honest deals on these miners.

Its output pattern is oscillates slightly but is pretty comparable to other ASIC miners I have tested or used doing anywhere between 900Gh/s and 1.1Th/s

This is the output after 2 and a bit days.


Thanks for the trust and support. to be honest, i am not against the use of the escrow at all, but the quick change of btc value is a huge risk i need to take, just like  in this batch, the money for 11 miners is still held by ognasty, almost 150$ has lost on each btc, and for a miner valued more than 6 btc, it is 900$ lost each miner, and thus leave no profit at all. although i have faith that the btc value will back, but i cannot wait because i need the money to buy new miners. That is why i am willing to give some discount for your guys who pay btc to me directly and hope you can understand my position

i'll pay the next batch directly to help you alleviate costs and risk.
607  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: March 30, 2014, 07:14:33 PM
Created an AUR package for NoirShares
https://aur.archlinux.org/packages/noirshares-git/

NIce!!! but NRS is not under MIT license
608  Economy / Services / Re: [open[Lee group,Round 4]3150$ and 2800$ !! Sales promotion of dragon 1T Miner on: March 30, 2014, 12:26:25 PM
Hello, every one, I just get the inform from factory that the order of batch of 5 Apr is about to close

This is the last call for the order of this batch, and I will keep the price at 3150$(delivery miner) or 2800$(host miner) for paying me via btc directly and 3250$ or 2900$ for other payment method like paypal, btc with escrow and wire transfer.

This batch will arrive in my place on Apr 4, and i will send it to you on Apr 5 and should arrive in your place no latter than Apr 7. I know it is a hard time to make the decision because the low value of btc today, but here is my opinion on roi analysis.
                              ROI analysis
Many people make decision whether the miner is worthy to buy on ROI analysis , and i will share my thought on it with you.
First, you need to consider the following two questions:
is the mining itself will disappear after six month?
What is the speed of the fastest miner can perform after six month and what is its price?  

I will give you my answer to these question.
is the mining itself will disappear after six month?
The answer is definitely no, only the bitcoin exist, no reason that mining itself will disappear, and like most of the people in the forum, i have strong faith on bitcoin.

What is the speed of the fastest miner can perform after six month and what is its price?
I can’t tell you the exactly number of that, but my answer is not exceed 2T with the electricity consumption of 1000 watt, during the last one year, with the appearance of ASIC, the hash rate speed you can gain with 1000 watt has increased from 6G to 1000G. But it is almost the best value we can achieve based on current technology. Although i am not an professional electrical engineer, i can see that the increase of the hash rate of the chips are closely connected with its manufacturing technology, which have been increased from 110nm to 28nm by now. But as i know, it is almost achieve the limit of current chip manufacturing technology also the limit of physical law. Although 20 nm manufacturing technology is possible but the cost will also increase rapid and may be not worth to use. So we can achieve the conclusion that the life time will more than 6 month.

Now we can go forward to the second question here, what is its price.
I cann’t answer this question exactly also, but i does know that its price will not below its manufacturing cost. That is very simple to understand, the factory have no reason to sell them unless they can profit. As i know, the manufacturing cost for one dragon 1T miner will not below 1000$(chip, psu, Raspberry Pi, fans, shipment fee, all these thing need cost and will not disappear) .


Now we can go back to the ROI analysis, for most of the roi analysis, it will assume one miner will only have 2-3 month life, but based on above analysis, we can see that will not happen, so there is must something wrong with the current ROI analysis.

Here is my third question, what is the the most possible number(in %) of the adjustment of difficulty for one round (12 days) in Oct 2014?
I will give my answer later, but now, i want to hear your guys opinion


my opinion is that if you are calculating roi at 70 days @ $500/BTC then you'll be fine. lol, if BTC hits 1500 along the way....
609  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: March 30, 2014, 12:17:36 PM
Amount: 2000.01NRS

User: ning_aric

Transaction Number: b7f21bd59561bfd3dc3d6f36e72b10ffa213e5c5c0086fc4cdcd7dfa21f6b54b


noted thanks
610  Economy / Digital goods / Re: Automated cryptocurrency exchange software on: March 30, 2014, 09:49:15 AM
yes, you seem to be the one posting about installs without any actual feedback
611  Economy / Goods / Re: [IN STOCK] Bitcoin Promotional and Hobby Bracelets on: March 30, 2014, 09:47:21 AM
Goods received, smooth sailing all the way. +1 for this supplier.
612  Bitcoin / Bitcoin Discussion / Re: Interest in Bitcoin ATMs on: March 30, 2014, 09:25:00 AM
The kind that would interest me is one capable of both deposit and withdrawal. The ability to redeem or buy in one place for fiat would exponentially raise adoption since it becomes user friendly, you simply go to an ATM, deposit funds and buy coins at the going rate or if you have an account with the institution running the ATM you can just withdraw/deposit as you wish. If you don't have an account, we''l charge you 10% of your tx to buy coins/withdraw fiat.

Know anyone with an ATM capable of withdrawals and deposits? If you do, please connect us, i want a few.
613  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: March 30, 2014, 07:30:26 AM
I'll stop buying for now.  Lips sealed
614  Other / Archival / Re: delete on: March 29, 2014, 09:14:02 PM
It will need some time for you evangelists to learn that bitcoin is digital gold and not digital money.

Fyrstikken (cryptorush) would call it a commodity: http://www.youtube.com/watch?v=8q9DvydzAsY

Quote: "Bitcoin worshipers will never go to heaven " LOL

Price trending to the cost of mining it.

Use of malicious negative feedback to suppress free speech brings shame on the bitcoin community.

Frystikken is an idiot.

But that doesnt disprove my point. Its simply plain logic, that a hard cap coin can not be a currency. It IS a ponzi and risky investment.
Money works totally different from Bitcoins. As said, it is not wrong to invest in bitcoins, but what's wrong is to confuse gold and money.

let me walk you through economics 101

1) what is money?
2) how do we define the value of money
3) why are Dollars not money?
4) why is bitcoin a better expression of value than dollars or any other gov controlled fiat currency?
615  Economy / Services / Re: [open[Lee group,Round 4]3150$ and 2800$ !! Sales promotion of dragon 1T Miner on: March 29, 2014, 07:20:11 PM
current speeds

Code:
DG1 : (5s):1.019T (avg):989.7Gh/s | A:3057318 R:36359 HW:234 WU:84.9/m
CG2 : (5s): 1.024T (avg): 1.014Th / s | A: 260556 R: 16 HW: 59 WU: 95.9 / m
DG3 : (5s):991.4G (avg):931.9Gh/s | A:165707 R:6 HW:12 WU:89.0/m


number three is slightly off but it's mostly working great. pcfli has been working with me tirelessly, honestly i'm glad i bought  from him. One small issue left but i'm sure we can come to a resolution.

GUIDE ?? PICS Huh

Please  Smiley



i will, soon. just need to perfect my own setup
616  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NoirShares Trade on PoloniEX, Noir Investment Options Open on: March 29, 2014, 04:53:37 PM
Short CEOs report

Once Eligius front-end is back up, you should be able to see the hashrate and our earnings. Use the General fund Address.

Second batch is on it's way. I'd like to urge all potential investors to commit soon, there are 12 days left until i close this facility unless investors demand otherwise. If interest grow proportionately, I will up us from 5Th to 10 Th.

I have tried my best to prop up the NRS price by buying from the dumpers. 

We will be hiring a CFO in the coming few days, we already have applicants who's applications can be viewed on noirbitstalk.org.

Currently occupied positions are CEO, COO, CMO and CDO

COO - lajz99

CMO - Pocket

CDO - coininaction

The COO will start taking venture proposals this week. Our CMO is workig on some important updates with the CDO and a new additional dev.

Please excuse my short report. i will be available to fill in the gaps soon.


Answers to questions

1) Why not 1Noir************ 

A) it'll be up soon, i would like to start first by receiveing some graphics cards so i can easily hash addresses for each unique fund.
617  Economy / Services / Re: [open[Lee group,Round 4]3150$ and 2800$ !! Sales promotion of dragon 1T Miner on: March 29, 2014, 02:55:14 PM
current speeds

Code:
DG1 : (5s):1.019T (avg):989.7Gh/s | A:3057318 R:36359 HW:234 WU:84.9/m
CG2 : (5s): 1.024T (avg): 1.014Th / s | A: 260556 R: 16 HW: 59 WU: 95.9 / m
DG3 : (5s):991.4G (avg):931.9Gh/s | A:165707 R:6 HW:12 WU:89.0/m


number three is slightly off but it's mostly working great. pcfli has been working with me tirelessly, honestly i'm glad i bought  from him. One small issue left but i'm sure we can come to a resolution.

618  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ONC] Onecoin - CPU only - Pools opened! on: March 29, 2014, 02:38:35 PM
Wait.. what? A JR Member launching a new shitty coin that brings nothing new? WOW, can't remember when this happened last. How revolutionary!
Well, he DOES have 14 posts so this got to be legit, I better buy several new mining rigs for this amazing coin! WOOHOO!

are you retarded? just when the **** do you think this was launched? sheesh, today's noobs.
619  Other / Archival / Re: delete on: March 29, 2014, 03:23:12 AM
How many forks so far?

does it matter?
620  Economy / Services / Re: [open[Lee group,Round 4]3150$ and 2800$ !! Sales promotion of dragon 1T Miner on: March 28, 2014, 08:52:27 PM
working with pcfli to sort out the last kinks then i'll provide some feedback.
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