Asked as much questions you possibly can on the Asic Miner and their progress on the litecoin FPGA Miner : ) Most important can they meet the September 2013 dateline. When is the 350gh/s Asic prototype Miner going to be out? July 2013??
Did they actually say they're gonna roll with the Litecoin miner? I mean, that's def a good idea, but thought they said the limited time crunch was gonna kill that idea. |
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Batch 3 should follow in quick succession, they've got that SMPT machine or w/e running now I'm sure.
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Jeff Garzik is a legend ^_^ Congrats.
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So much (healthy) skepticism in this thread. As someone said, lots of green signals and no red ones here. This is not an attempt at scamming the community. The only question is whether they can deliver; they're obviously on the up and up on their intentions.
Since so many of you feel that they won't deliver, why haven't I seen anyone willing to sell their KNC pre-order?
Let's go, let's have it, who's got one and is now ready to sell it off? If you're convinced it's not worth it, should go cheap too, eh? Let's start some bidding, say 0.005 btc for a pre-order? Since some of you are convinced, apparently, that these pre-orders are less than worthless, and undoubtedly some of the so-convinced have pre-orders, why not?
Penny for your thoughts--dollar for your pre-order.
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Wow, this I did not know. You have my money already, you just don't know it yet. Heck yeah I'll invest a grand in seasteading! I want to move out on one as soon as I can make it make financial sense. Even if I have to convert some bitcoin back into playmoney for you  |
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My question centers more on expansion. Let's say I built a floating concrete-dome house and floated it up, would it be possible to moor it to the ship somehow, using the ship as a hub from which to expand from, in essence. We'd be renting your stable mooring in essence. International waters; 12 nautical miles out. |
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Count me in for a pre-order, very interesting.
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But they keep telling me you can only buy drugs with it?
Actually, you can't what with the Silk Road closed and all. Is it really still closed right now? I guess the DDOS thing? |
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It is big news, yes, but not 300k by the end of the year news. That would mean that bitcoins has a market cap of 330 trillion. That's not delusional, its funny lol.
The math works out to only about $3 trillion, actually. World currency estimate is around $60 trillion+. So, it's plausible actually if a world bitcoin-rush were triggered to see that number. I don't doubt we'll see a bitcoin rush at some point, the incentives are too great. First people in win big. It's self-reinforcing. But it might be more like in two decades from now rather than end of the year  |
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Cool, what's your final housing expected to be made out of?
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So do we all trust the RNG seed used by Bitaddress.org enough to consider this a good solution? I applaud you for making it, it's quite needed, but want to make sure it's up to snuff before I buy one. It's likely you already have my bitcoin you just don't know it yet |
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Maybe use litecoin, that's one of the reasons it was created.
Exactly. A multiple level cryptocurrency family function better than a single coin system. Having the official client block them is far different from disallowing them within the protocol. Calm down, people. |
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The real value in this device is being able to show your grandchildren, 50 years from now, "This is the gadget that really started the 99% revolution..."
So, novelty value. Meh. I'm not into mining just to say I was into mining. It's a shame they aren't producing a price competitive device. |
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I guess if you can't get your hands on an ASIC then this (FPGA and this USB miner) would certainly be better than GPU mining right now... But this price is well, well above wholesale. Someone said these lot sizes would be for resale? Don't see how. Wholesale on these devices would be more like $40, retail ~$100. Retail would be at least 60% markup. I see no room at all for markup in these, so these are retail priced for end-users now. Which makes the buy size of 300 a bit odd. Even at $100 you're talking two-months ROI minimum at current price and difficulty. But here's the crazy part, I bet people will buy these all up even at these prices. |
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Awesome product.
Unfortunately, your price point is, to be blunt, retarded.
Indeed, these numbers make no sense. ROI after 132 days? And that's at today's diff. I'm having trouble understanding why any of you are excited, but I guess you must be Asicminer shareholders. |
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Update - after speaking some more with my affected customer I am no longer convinced his password was indeed strong enough.
Maybe passwords were brute-forced after all? silvereagle - just how strong was your password?
Will be happy to hear about any progress in figuring this out.
Alias was very short so may have been hackable. Password was 15 characters long but made up of multiple words that may have been found in dictionary. Possible but permutations to put that many words together would still be extremely high. Still, imagine that they have downloaded every wallet on Blockchain or at least very many. They can run each password against each wallet in turn, which may make for a viable / profitable attack. |
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lol at tiny chips copypasta.
the shadow isn't even correct
I tend to agree, looked pretty photoshoppy the way the shadows all seemed the same. I CAN TELL BY THE PIXELS!!!!!!1! Also, the photos are really low resolution. Absolutely no reason for that. Anyway, this is reading like a scam to me. |
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Bitcoinorama: You make some good points, and I'm preparing money for my own KNC pre-order, so I can't say you're not preaching to the choir Your contextualization of KNC/Orsoc as the first 'professional' ASIC producer makes sense. Especially reassuring is Orsoc's announcement of the deal: ORSoC has started a partnership with KNCminer
KNCminer offering first class Bitcoin mining products with high performance.
In our partnership ORSoC will be responsible for product development, including design, production and testing.
Our technical expertise together with excellent vendor partnership we feel confident we quickly can design and produce an affordable high performance mining product. It's also quite awesome to crawl their news-releases for mention of ASICs. I see at least two ASIC designers they've hired some two years ago, and they have their company-wide goal of advancing their Open-core-RISC-ASIC designs -and- flat volume pricing. |
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You know what, all the talk about what companies will deliver and shit like that is nonsense now. I've never seen so much talk about shit that's supposed to happen or supposed to be made. In their newsletter it said that Jupiter would ship early Autumn, and that means in the bitcoin ASIC world late summer, next year. We would have to wait AT LEAST a solid half year for those Jupiters to be made/shipped.
Well that's the risk, ain't it. And if it pays off, the people who get their 250gh monster in August will likely look like geniuses. Or it could turn into another BFL delay fiasco and they're out serious money. But <$10k isn't a huge risk to take considering the potential payoff of 250gh/sec. People talk about mining like the price of bitcoin is never going to increase. I don't buy that the price of bitcoin is being driven purely by press. Bitcoin's lower transaction costs constitute a compelling business proposition, which in time should equal more demand. I think this time next year, everyone buying ASICs right now will be very happy they did so. |
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