The ASIC device scams are getting a little fancier.

[dwdoc]

Seller has some good feedback. Sold some stilettos in 2008...

   Great and easy transaction. Simple as pie!! Great Ebayer!! A+++   cymru8 ( 418)     Jun-02-08 20:32
    ICONE WOMAN'S SEXY STILETTO PUMPS - BLACK SIZE 38/8 NIB (#180242399285)   

[Operatr]

the cryo device is weak, look at this guys  

TekStart Bitcoin Miner - 1.5TH/s expands to 10TH/s


TekStart LLC is offering the purchaser the rights to the first, expandable multi-TH/s system currently under development. We have the spec sheets available for review, however, they require a signed Non-Disclosure Agreement (NDA) to be in place before sending. The receive an NDA, send a message to the SELLER.

The completion of the ASIC development will commence once the deposit has been received.

Cost of initial system: $350,000.
Deposit: $175,000

Details; This rack-mounted, ASIC-based system has 16 PCB's each with 64 ASIC chips, The end design will yield a system with a performance of the order of ten (10) TH/s (Tera Hashes per second). The rackmount system connects to a host via a Raspberry Pi. This system is designed with correct cooling and power supplies for deployment in a data center environment.

http://www.ebay.com/itm/TekStart-Bitcoin-Miner-1-5TH-s-expands-10TH-s-/181148681633?pt=LH_DefaultDomain_0&hash=item2a2d4d85a1

who gonna see the specs of this 10Th toy?

probably some ferengi is thinking to plan a trip here from gamma quadrant, many opportunity to sell a scam dilithyum miner 

Whoever buys into this without checking into it first deserves to get scammed 

[Tomintx]

I have found a picture of the Cryoniks device before they put it thru their disgronifier and shrank it down to desktop size:



This is pretty much what you need in order to harvest nitrogen from the atmosphere, and that's just the compressor side.  You still need a big vertical column for separating the different components.

[Micky25]

+1 ^ 

[cp1]

The size just determines the rate at which you can produce the LN2.  There are plenty that fit in a small shed.

[JimboToronto]

But, but, but......

Programmable light strips FTW.

[joae1975]

Remember the huge computer room of the 1960's and how it's the size of my iPhone now?  I honestly believe such things are possible.  Capitalism creates these innovations.  It sounds like science fiction now, but imagine if you told the geeks of the 60's that you can build that same computer to be the size if your wallet? They'd laugh at you call it a scam. I'd really like to see a video from these guys explaining a bit more and letting their customers know who they are.

[JoeMattie]

What bothers me about this whole thing is that the technology the site is advertising is actually well within the realm of possibility.

Now, don't get me wrong, this is totally a scam.  However, as someone who works with HTSCs (high temp superconductors) and home LN2 production in his spare time, I find it disconcerting that everyone is so skeptical about the tech. 

STI has been making devices that utilize superconducting chips for years now.  They have an integrated pulse-tube sterling cryocooler inside the devices to get the chip down to the requisite <80K.

http://www.ebay.com/itm/850SLB6F1R-SUPERCONDUCTOR-TECHNOLOGIES-CRYOCOOLER-SUPERLINK-RX-850MHZ-/390609335037?pt=Other_Telecom_Equipment&hash=item5af22172fd

Heck, Ben Krasnow has been using the cryocoolers from these exact devices to make LN2 for years: http://benkrasnow.blogspot.com/2008/08/diy-liquid-nitrogen-generator.html

Summary: heck of a well researched scam.

Just my two bitcents

[grobbes]

bloomfield hills? I'm just over an hour from there and grew up within 30 mins. tempted to pay this asshole a visit.

[boewie]

From their Product description..

(5) Software supports Microsoft Windows XP SP3+, Apple OSX Lion 10.5.x or higher, and Linux v2.6 Kernel+. Windows, Windows XP, OSX Lion are registered trademarks of Microsoft Corp. and Apple Inc. respectively. All rights reserved

Pretty up to date thou

[tacoman71]

After digging through some js, I found where they got the design from: http://www.bitwize.com.lb

Well, I assume whoever scammers probably stole the design from them, since Bitwize seems to be a legitimate Lebanese firm.






I haven't found the exact design yet, but I'm sure it's out there because there is no way a scammer would pay for this. Also, I searched through Bitwize's social media accounts, but couldn't find any explicit connection to Bitcoin, so I'm just going to assume whoever is behind Cryoniks started googling phrases that started with "bit", came across this website, and decided to steal a design.

When they responded to an email I sent, I used 4 different websites to trace the email using the header. 2 websites said it originated from utah, the other 2 said it originated from Lebanon. Coincidence?

[-Redacted-]

The ones that said Utah traced back via the NSA copy of the email.

[PsychoticBigBoy]

http://www.marcellus-shale.us/images/Compressor.jpg

hahaha!! great!

[rtf]

Their website looks really good.

[Bitcoinorama]

After digging through some js, I found where they got the design from: http://www.bitwize.com.lb

Well, I assume whoever scammers probably stole the design from them, since Bitwize seems to be a legitimate Lebanese firm.






I haven't found the exact design yet, but I'm sure it's out there because there is no way a scammer would pay for this. Also, I searched through Bitwize's social media accounts, but couldn't find any explicit connection to Bitcoin, so I'm just going to assume whoever is behind Cryoniks started googling phrases that started with "bit", came across this website, and decided to steal a design.

When they responded to an email I sent, I used 4 different websites to trace the email using the header. 2 websites said it originated from utah, the other 2 said it originated from Lebanon. Coincidence?

I emailed 'Bitwize' when Cryoniks was first being touted, prior to Arts Technica or Tech Crunch giving the owner a huge free PR boost interviewing him.

Bitwize wanted to know who I was before directing my email to 'management'.

Bitwize pulled a huge 'cry' scam on Kickstarter the year before for a security code USB thumb vault.

Took a couple of hundred grand an produced nothing, pissed off a lot of people. Bitwize, Cryptek and Cryoniks are one and the same, they are meant to be based in Lebanon.

http://www.kickstarter.com/projects/1059262388/keybit-magsafe-adapter-key-ring

[bitpop]

Have they shipped?

[xstr8guy]

"CAN I USE MY FROSTBIT™ CRYONIC UNIT TO MINE FOR LITECOIN, PROCESS VIDEO, OR ANYTHING ELSE?
Yes. Yes. And Yes! Future firmware upgrades and software downloads will allow your current FrostBit™ 1000 Cryonic Bitmining units to do many additional system intensive tasks. Register for updates to learn more about the FrostBit™ 3D upgrade."

 

I bet it will even play my old Betamax tapes!

[kr105]

I wouldn't be surprised if this was set up by Ed Trice.

Lol @ papamoi