For those interested..on what is going on with the siacoin and decred machines..things don't look too good for this coin
IMHO, below is the letter I got on my 5 (soon to be) obelisk sc-1 doorstops...
Dear Obelisk Customers,
First, we want to sincerely apologize for the delays and the lackluster communication. Your preorders have allowed us to build a strong team and produce two generations of mining hardware. We could not have done this without you, and we are enormously grateful and appreciative.
While some customers have requested refunds, Obelisk is dedicated to shipping out all orders to all customers. We have already disbursed the majority of our funds to engineering, components, and manufacturing for all batches. At this point, attempting to provide full refunds to all customers would be impossible. Obelisk would be insolvent, customers would receive pennies on the dollar, and our ability to deliver Batches 2-5 would be jeopardized.
After significant internal discussion with the Obelisk team, board, and legal counsel, we are putting together a solution that we think is fair to our customers and will have widespread support. Before officially announcing, we need a few more days to finalize the details and guarantee that the plan is viable.
What we can announce is that production for Batch 1 began this evening, and will continue throughout the weekend. We expect to begin shipping Batch 1 units to customers next week. It will take a couple weeks to fulfill all Batch 1 orders, but we expect Batch 1 customers will receive their hardware by August’s end.
We will follow up next week with a subsequent announcement detailing our plan.
Best,
- Team Obelisk
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options they may tell us
1) they announce (most likely rumor) that they are going to overclock these puppies from 500 watts
to 800 to 1000 watts..(burn them out baby) of course the hash rate I've been told is 20% less than
they expected..so most that will do is a 'wash' and burn the units out..this is what I expect...at least in some part.
2) they will offer 1/2 off coupons on their next miner of whatever ASIC flavor and/or also make
a new algo coin to do so (ie Bitmain evil plan) to try and promote these and future doorstops.
3) they announce a new coin/fork (very unlikely with these units)
4) fork coin so that you can mine more siacoin units of little worth but it looks like you are doing
something of note anyway at your electric loss....fudge the numbers up for mining this coin....dangerous.....
again, the most 2nd most likely is 1/2 off some new damn ASIC To Be Determined in the future and
my 1st bet is they are just gonna burn out and overclock the hell out of them as a token fix...
I am 'still' befuddled on how they expect their decentralized storage network to work IF most GPU
miners have already left (and with ASIC's no reason to come back for the few GPU's left) and/or
how do they expect to 'ramp up' their 'vision' network with ASIC's mining electric at a loss...just can't see it.
tweak the algo so you get more tokens? other weirdness?
below is what I'd make if it showed up today I lose -2c a day in the bsmt ..not worth shipping them
with my data hall costs with elec and rent of 14c kWh.
https://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=800.0&p=500.0&fee=0.0&cost=0.14&hcost=0.0&commit=CalculateSo, again, the units will stay in the box...
as a side note the decred unit (free one I got for my 5 coupons at 1/2 off) that makes 6c a day..if I had
it now
https://whattomine.com/coins/152-dcr-blake-14r?utf8=%E2%9C%93&hr=1200&p=500&fee=0.0&cost=0.14&hcost=0.0&commit=Calculatethey surely f*cked themselves as much as us
brad
