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coinocopia (OP)
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May 24, 2013, 05:27:56 AM
 #1

https://cryoniks.com/#!/home/
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May 24, 2013, 05:47:23 AM
 #2

not sure
Matthew N. Wright
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May 24, 2013, 05:48:48 AM
 #3

Absolutely not.

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May 24, 2013, 05:53:43 AM
 #4

Absolutely not.

Ditto

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May 24, 2013, 06:03:46 AM
 #5

Are you kidding? You don't have to be a physics major to know that creating liquid nitrogen requires enormous pressure and generates a lot of heat in doing so. Simply collecting it from the air is wildly insufficient to actually cool anything. You then have to remove enough heat from it for it to reach a liquid state. If you have such abilities to remove heat from something, why not just use it on a closed circuit like they do in heat pumps? Why bother collecting nitrogen from the air? And did you consider what would happen in case of containment failure?

Web design win, science MEGA fail.


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May 24, 2013, 06:23:44 AM
 #6

TechCrunch covered it, so it must be real, right? /sarcasm Smiley

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ltcgaming
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May 24, 2013, 06:30:40 AM
 #7

nice 3d art on those pages
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May 24, 2013, 06:39:43 AM
 #8

Scam. Avoid them. Very disappointed with TechCrunch's reporting of the story.
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May 24, 2013, 06:39:52 AM
 #9

Nice pipes in that rig. Oh wait...
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May 24, 2013, 07:22:46 AM
 #10

TechCrunch covered it, so it must be real, right? /sarcasm Smiley

Anyone got a cached copy of that? 7 hours later and it's giving me a 404. So is the result from a search.

For posterity reasons, of course. And SCIENCE!


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RogerDodger
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May 24, 2013, 07:28:50 AM
 #11

Everyone's saying it's BS. Check out:

https://bitcointalk.org/index.php?topic=214378.0

and

http://www.reddit.com/r/Bitcoin/comments/1ex432/the_asic_device_scams_are_getting_fancier_psa/
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May 24, 2013, 08:22:41 AM
 #12

No...
scintill
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May 24, 2013, 08:56:48 PM
 #13

Anyone got a cached copy of that? 7 hours later and it's giving me a 404. So is the result from a search.

For posterity reasons, of course. And SCIENCE!

Haha, I thought they would delete it, considered saving it but was too lazy.  I just now got it out of my browser cache, added a <base> HTML tag with the original URL so some of the referenced URLs would resolve correctly. http://scintill.net/the-cryonic-bitcoin-mining-machine-is-15000-of-pure-btc-power.html

Here's the article text:

Quote
It’s almost impossible for the average computer to mine Bitcoins in any efficient way, hence the rise of Bitcoin mining machines so tuned to their specific purpose that they barely resemble PCs. To wit: the Cryonic Bitcoin FrostBit machine is a PC in name only and contains a liquid nitrogen generator, special ASIC chips, and a price tag that would make the Winklevii twins think twice.

“It’s the first time a ‘PC’ has been built for consumers with built-in liquid nitrogen generators. We use helium compression technology to super-cool condensers that in turn condense nitrogen air into its liquid form. There’s nothing even remotely similar available to the consumers,” said CEO of Cryoniks, Inc. Fahad Koumaiha. “By sustaining cryonic temperatures we were able to achieve superconductivity with our custom designed ASIC processors. Not only do we get a huge boost in speed, but we cut down power consumption to around 2800W per unit; significantly less than anything on the market today.”

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.

What are you going to pay for this ridiculous machine? Try a cool $15,000, which, sadly, you can’t pay for in BTC.

Can this thing really pay for itself? Probably, but not immediately. There are some BTC fans who believe a $10,000 BTC isn’t too far off and if that happens the potential benefits of this machine far outweighs the cost. They are planning on shipping this monster in July so if you’re seriously into mining, it may be worth a look. Everyone else? Be satisfied with your low GH/S. It’s a cryonic, nitrogen-cooled world out there and we’re just visiting.

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