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Author Topic: Obelisk tech to release Miner for Decred with the DCR1  (Read 2138 times)
sil2222
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November 04, 2017, 01:26:03 AM
 #1

https://obelisk.tech/


 HIGH PERFORMANCE ASIC MINERS FOR DECRED AND SIACOIN

Mine Decred with the DCR1 and Siacoin with the SC1. Presale is open until November 24 with a cap of 4,000 units each. Delivery by June 30, 2018.
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November 04, 2017, 03:27:53 AM
 #2

So cool if they can deliver on their promises and deliver on time.

 Hope this doesn't become like butterfly labs. Bitmain has been the reputable source and the only one I can trust.

As much as I would like to jump in on the obelisk, I see a bit of a risk with if their's delays, frustrations and questioning if it's more profitable to buy Decred at current cheap price instead of waiting half a year after price gone up and now ur mining at higher mining difficulties.

Maybe I'll just buy one and pray for the best b/c i like decred and being the first batch to mine can be profitable if all the stars align.
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November 04, 2017, 04:39:47 AM
 #3

Bummed out....

you can only apply 1 coupon vs 1 unit


not worth it..holding what I have for units no more

guess the coupons are gonna just gonna fade ...with no use


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November 04, 2017, 05:10:45 AM
 #4

So cool if they can deliver on their promises and deliver on time.

 Hope this doesn't become like butterfly labs. Bitmain has been the reputable source and the only one I can trust.

As much as I would like to jump in on the obelisk, I see a bit of a risk with if their's delays, frustrations and questioning if it's more profitable to buy Decred at current cheap price instead of waiting half a year after price gone up and now ur mining at higher mining difficulties.

Maybe I'll just buy one and pray for the best b/c i like decred and being the first batch to mine can be profitable if all the stars align.

ya, it's kinda rough, they are honestly nothing but promises and more asking for money over and over here Sad no real tangible anything yet it seems Sad
the minebox? not delivered, nothing but words, their next ask after that for money for the SIA ASIC months ago? having trouble filling orders, NOW they are asking for MORE money for a DCR ASIC? pfft, not from me!
by the time this stuff comes online it will be obselete, ill put my faith in tim from zeropond having his dcr asic first as well even ;p


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November 04, 2017, 05:33:35 AM
 #5

So cool if they can deliver on their promises and deliver on time.

 Hope this doesn't become like butterfly labs. Bitmain has been the reputable source and the only one I can trust.

As much as I would like to jump in on the obelisk, I see a bit of a risk with if their's delays, frustrations and questioning if it's more profitable to buy Decred at current cheap price instead of waiting half a year after price gone up and now ur mining at higher mining difficulties.

Maybe I'll just buy one and pray for the best b/c i like decred and being the first batch to mine can be profitable if all the stars align.

ya, it's kinda rough, they are honestly nothing but promises and more asking for money over and over here Sad no real tangible anything yet it seems Sad
the minebox? not delivered, nothing but words, their next ask after that for money for the SIA ASIC months ago? having trouble filling orders, NOW they are asking for MORE money for a DCR ASIC? pfft, not from me!
by the time this stuff comes online it will be obselete, ill put my faith in tim from zeropond having his dcr asic first as well even ;p

other thing is you can ONLY get this pre-sale (whatever that means) discord miner before NOV 24th was it? Same for the miner they have had out for a bit

I'm begining to think I may only get 'the lousey T-shirt' they sent to the 1 first week order i got

not inspiring a lot of confidence in their products


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November 04, 2017, 06:46:42 AM
 #6

im waiting until bitmain will make a asic for this algo.  they  also want part of the cake.  im pretty sure
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November 04, 2017, 06:54:07 AM
 #7

why peoples are not investing more to develop mining hardware, ASIC is too much centralized and they are doing what ever they want to do, too much overprice

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November 04, 2017, 07:51:08 AM
 #8

Seriously, With Obelisk reputation, 7 month time frame and BTC/ALT predicted bullish market in 2018.
Ya well fools are plenty in this world.
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November 04, 2017, 08:46:28 AM
 #9

Is it true that Wolf0 works for Obelisk? Maybe he can tell us more

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November 04, 2017, 10:54:41 AM
 #10

Maybe we will see similar scenario as We have in DASH, thanks to Bitmain... Embarrassed
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November 04, 2017, 02:12:46 PM
 #11

I'm on board for 1 SIA Obelisk and I'm considering 1 DCR Obelisk but I am unsure in this situation.

On the SIA Side, I believe the architecture has real purpose and that will eventually drive coin value.

On the DCR Side, I see more pump and dump coin and there are a ton of others out there. I am no DCR expert by any means but that's just what I see off the hip.

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November 04, 2017, 02:54:03 PM
 #12

indeed. vaporware or utter failure...

Seriously, With Obelisk reputation, 7 month time frame and BTC/ALT predicted bullish market in 2018.
Ya well fools are plenty in this world.
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November 04, 2017, 05:15:24 PM
 #13

I'm on board for 1 SIA Obelisk and I'm considering 1 DCR Obelisk but I am unsure in this situation.

On the SIA Side, I believe the architecture has real purpose and that will eventually drive coin value.

On the DCR Side, I see more pump and dump coin and there are a ton of others out there. I am no DCR expert by any means but that's just what I see off the hip.



Decred is a slow moving giant coin. I consider it in the league of Litecoin and Monero. Even Charlie Lee promotes it and Decred has reputable strong development.  Price is stable and rock solid, Never lost more than 50 percent of it's value generally. But it's prices have been lagging behind litecoin/monero.  I feel Asic development for Decred is what it needs really to build a strong support trend to it's value,  Think of those that got the litecoin miners early,  They faired off well and litecoin support trend value became stronger.

But due to the potential risk i think it's just easier to buy the coin now anytime it's in between $25-$30.   Next year Decred might be $60 and your mining at higher difficulties earning less coins and would have been better off buying some now.
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November 04, 2017, 07:01:31 PM
 #14

Ive been watching this sia coin miner from obelisk awhile back. Even with their bullsht payment terms. But has since been changed i believe.
But this new decred asic miner is new information to me,  and sounds interesting..
Yes the presale shipping date is a long stretch. Also shame they dont have a working prototype or full spec details yet.
Sounds like a gamble. Will follow this thread and see what the community feels about these new asic miners.

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November 05, 2017, 12:25:54 AM
 #15

When you do some calcs with their specs it is almost to good to be true...

OBELISK DECRED 300GH:

https://whattomine.com/coins/152-dcr-blake-14r?utf8=%E2%9C%93&hr=300000.0&p=1000.0&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate

OBELISK SIA 475GH:

https://whattomine.com/coins/161-sc-blake-2b?utf8=%E2%9C%93&hr=475000.0&p=1000.0&fee=0.0&cost=0.1&hcost=0.0&commit=Calculate


Let's assume what the "calculator says"

Decred = 3300 dollar month...
SIA = 4700 dollar month...

(I think for real, maybe half of it...)


The Obelisk miners seem to have an absolute great advantage to all people who (merged) mine Decred or Sia with their GPU right now. Not all miners who mine Ethereum or Zcash mine merged. I think it is just a small percentage because you need extra power for your GPU's it is not free, to mine merged (it costes extra)
There are also people mining with FPGA's (Ztex, Icarus, etc.) on Decred right know and if these Obelisk miner is real "real"
(I am still not sure) then we see the true switch from CPU --> GPU --> FPGA --> ASIC.
At this point Decred and or SIA will have their own ASIC and more fullgrown?? more futureproof..

I really like the DCR1, more than the SIA SC1 miner (personal) but they need to show us this is real stuff.
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November 05, 2017, 01:42:02 AM
 #16

Hopefully the launch of this ASIC does not do to DCR what it did to SIA.

The Obelisk SIA SC1 was actually the catalyst that brought Siacoin down to the dumps. From trading at 400 satoshi to 50 satoshi? Thats a huge loss.
My theory is when ASICs like this enter into a new coin which was previsouly only mined with GPUs, people get scared, they think it will mean more supply and more miners will be dumping their coins.

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November 05, 2017, 01:54:47 AM
 #17

Surely people have learnt already.

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November 05, 2017, 06:04:27 AM
 #18



FYI..for those asking about swapping a current Sia coin pre-order for their DC-1 deca coin miner (same prices)

nope they won't do that (was trying to migrage my risk....likely a moot point)

anyway, FYI

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November 05, 2017, 03:43:18 PM
 #19

How can anyone be sure that these are real? That this is not a scam?

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November 05, 2017, 06:35:03 PM
 #20

Always research the company behind these things . . .

Obelisk is a subsidiary of Nebulous Inc, which is the company behind the SIA blockchain development.  Nebulous is a company based in the US and you can actually identify and name its owners and the people behind it.  If it goes south, their reputation is on the line as well as the US legal system being brought to bear on them. They have also been quite open about what they are doing and where their funding comes from.

A few links for your reading:
https://blog.sia.tech/

https://sia.tech/funding2016/

https://siawiki.tech/development/nebulous_inc

How can anyone be sure that these are real? That this is not a scam?
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