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Author Topic: Cryonics Frosbit claiming 1000Gh/s - $15K??  (Read 16227 times)
HELP.org
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May 23, 2013, 09:23:53 PM
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..

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Bicoin.me - Bitcoin.me!
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papamoi
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May 23, 2013, 09:25:56 PM
 #2

hi

scam.org
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May 23, 2013, 09:26:17 PM
 #3

most probably a scam

http://technobit.eu
tips : 12DNdacCtUZ99qcP74FwchaCPzeDL9Voff
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May 23, 2013, 09:40:43 PM
 #4

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Domain Name: CRYONIKS.COM

Created on..............: 2013-03-05


SCAM!!!

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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May 23, 2013, 09:52:33 PM
 #5

Site mentions the device needs some fairy cake and a cup of hot tea... I'd be leery. Wink

“Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.”
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May 23, 2013, 09:55:55 PM
 #6

Please tell me I can preorder!  Roll Eyes

MultiMiner: Any Miner, Any Where, on Any Device |  MobileMiner: Monitor and manage your rigs from your browser or phone  |  Xgminer: Mine with popular miners on Mac OS X
btc: 1BmXY4ZZQh1iHSVre658gM1gPAEtDnq8rv  |  ltc: LP1SsHZTDexndkvRKsqAkXNsienPHwaMb5  |  hardware: nwoolls at gmail dot com
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May 23, 2013, 10:06:59 PM
 #7

https://cryoniks.com/#!/app/frostbit/

What is this about?  Anyone know?

What is bitmining?  How do they do it?

They even trademarked LiteCoin? AND they have a "proprietary bitcoin algorithm".  I wonder what that is :-)  Really.

I say these scammers are based in the US, marketing majors with some web development would be my guess.
Check out (4) below, ROFL.  


(1) Beta FrostBit™ 1000 Cryonic Bitmining units are individually throttled up to 40% as per V1.00027B firmware release. Future firmware updates will gradually increase max GH/S rates to individual unit thresholds. See supplied User Manual for more information.

(2) Accuracy based on real-world lab results using the Cryoniks proprietary Bitcoin algorithm. All Beta FrostBit™1000 Cryonic Bitmining units are individually throttled to guarantee 1000GH/S. File compression, LiteCoin™, video rendering & additional capability results will be published when released for upgrading. To learn more join our Newsletter

(3) Cryoniks Inc. Cryonic ASIC+ processors are custom fabricated in the U.S taking full advantage of low-temperature superconducting 32nm technology. Interested in our tech? Kindly contact Legal for more information or apply to become a Registered Developer. (Refer to provided Developer Application for eligibility & restrictions).

(4) Max peak power consumption rated at 2800W tested over a 14 day period at an altitude of 830ft above sea-level, relative humidity 72% at 72F. Testing facilities are pathogen and dust-free in a controlled environment. (Refer to the provided material for Operating Instructions)

(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.

(6) Cryoniks, Inc. is a strong supporter of the Buy American corporate philosophy. Where possible, manufacture, product procurement, assembly, packaging, design, and engineering is done on U.S soil by U.S-based companies unless otherwise explicitly advertised.

(7) A host computer with at least one (1) USB 2.0 compliant port is required to run advanced system settings or install updates. Access to the main interface may be accomplished via the supplied Apple IPhone® Bluetooth™ application. Kindly refer to the supplied User Guide for detailed information.
×
Henchman24
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May 23, 2013, 10:24:38 PM
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The ridiculous techno-babble sounds a lot like our buddy, Ed Trice.  The liquid nitrogen connection is a suspicious coincidence too.
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May 23, 2013, 10:57:40 PM
 #9

wow on board liquid nitrogen generator!!

where does all the heat go?

and where do we get the 2800W from? Not from the power socket of any normal house hold!!!

"3-axis gyrometer & temperature security purge sensors" - ooooo fancy

"Custom designed and milled stainless steel “C” pillar inner frame" can I see some picture of this not just computer rederings? No? what a surprise
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May 23, 2013, 10:58:17 PM
 #10

and where do we get the 2800W from? Not from the power socket of any normal house hold!!!

Bless you guys on your 110v, so cute Smiley

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May 23, 2013, 10:58:22 PM
 #11

The scammers are getting much more fancy.  I'd say someone should pay a visit to this guy's office... and by office, it's most likely his home.

Also.. the website claims the business is located in Michigan somewhere, IIRC.  However.. I did a bogus order and realized the bank for the wires are located in NYC.  I'm from NYC!  Send me BTC and I will thoroughly investigate whether or not this is a sham Wink
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May 23, 2013, 11:46:23 PM
 #12

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custom fabricated in the U.S taking full advantage of low-temperature superconducting 32nm technology

Do we need to supply our own liquid helium?

Quote
Max peak power consumption rated at 2800W tested over a 14 day period at an altitude of 830ft above sea-level, relative humidity 72% at 72F. Testing facilities are pathogen and dust-free in a controlled environment. (Refer to the provided material for Operating Instructions)

I'm glad it was in a pathogen free environment.

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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May 24, 2013, 12:20:10 AM
 #13

Meh I place a preorder but I wont be sending them a wire transfer anytime soon.
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May 24, 2013, 12:38:41 AM
 #14

They even went through the trouble of doing a press release for the scam.  Impressive, but its all total bullshit technobabble to prey on the weak and greedy. Don't give them your money or personal info, obvious (albeit clever and well executed) scam.
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May 24, 2013, 12:39:03 AM
 #15

Oooh pretty...

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
Henchman24
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May 24, 2013, 12:43:48 AM
 #16

They even went through the trouble of doing a press release for the scam.  Impressive, but its all total bullshit technobabble to prey on the weak and greedy. Don't give them your money or personal info, obvious (albeit clever and well executed) scam.

This reeks of an Ed Trice scam.  The fake press release also fits his m.o.
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May 24, 2013, 12:50:50 AM
 #17

This is very well done .... shipping July 15th, Located .... " keep in mind that the system must go through a liquid “purge” that might take up to 6 hours for the stored liquid Nitrogen to evaporate. Liquid Nitrogen is roughly 700 more dense than Nitrogen gas" even more sounding like ed trice
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May 24, 2013, 02:02:28 AM
 #18

They are featured on Techcrunch http://techcrunch.com/2013/05/23/the-cryonic-bitcoin-mining-machine-is-15000-of-pure-btc-power/

CEO of Cryoniks, Inc. Fahad Koumaiha."
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May 24, 2013, 02:10:52 AM
 #19

They are featured on Techcrunch http://techcrunch.com/2013/05/23/the-cryonic-bitcoin-mining-machine-is-15000-of-pure-btc-power/

CEO of Cryoniks, Inc. Fahad Koumaiha."

"The PC hits a peak of 2800W – the average PC hits 200W on a bad day – but the device can perform 1000 Gigahashes a second. To put that in perspective a strong PC with good graphics card can hit about 100 GH/S and in my experience I haven’t been able to get any my machines to hit higher than 50 GH/S."

Say what? 
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May 24, 2013, 02:13:32 AM
 #20

This is ridiculous and sad.
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