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Author Topic: Beware of this website selling coprocessors  (Read 1088 times)
broken_pixel (OP)
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June 27, 2013, 06:21:39 PM
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Beware of this website selling coprocessors for mining.  Shocked

http://miningcoprocessor.weebly.com/index.html

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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JungleBook
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June 27, 2013, 07:48:48 PM
 #2

whats sketchy about this?
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June 27, 2013, 07:50:48 PM
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Beware of this website selling coprocessors for mining.  Shocked

http://miningcoprocessor.weebly.com/index.html

It does look a little funny, because these are not particularly good mining hardware. They are basically massively parallel sets of x86 CPUs, so the potential mining efficiency would be somewhere between a CPU and a GPU. On the other hand, a lot of people might find these useful, and if you can buy them with BTC, then great!

Unless, of course, it's really a scam, but who knows...

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June 27, 2013, 07:54:25 PM
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Seems like a scam as they cost waaaay more than 5 bitcoins.
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June 27, 2013, 09:36:20 PM
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These things cost about 5 times the price this guy is asking: http://ark.intel.com/products/71992/Intel-Xeon-Phi-Coprocessor-5110P-8GB-1_053-GHz-60-core

Almost sure it's a scam Undecided
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June 27, 2013, 09:50:40 PM
 #6

Haha lovely. Claims to be able to sell hardware as expensive as this yet can't afford a domain or hosting. More than likely a scam. Below are a few of the users profiles based on the MTGox username:

Code:
http://www.bitcointrading.com/forum/index.php?action=profile;u=1900
http://www.terracointalk.org/index.php?action=profile;u=313
https://ripple.com/forum/viewtopic.php?f=5&t=2034&start=190
https://www.bitmit.net/en/item/33780-4000-firecoin-new-and-as-hot-as-fire#

Also, possible address and full information listed from another of his domains.

Code:
http://whois.polodomains.com/domain/iJGdzcoUgpoHUnWz9NNvEf0Hv6qPnX8T_info.html



All public information. If Jonathan comes in to this thread and wishes to clarify any misunderstanding then I'll be happy to edit this post out but this is clearly a scam. Poor website, no refund policy, no actual structure in their process all leads to this being a scam or very shambolic operation. This information was put up not to create a witch hunt but to allow users to get in touch with you directly in case you fail to deliver on your products.


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June 27, 2013, 10:17:44 PM
 #7

https://bitcointalk.org/index.php?topic=90145.0
Quote
Estimates for hash rate are around 280mh/s

USD 595.6 / 280mh = $0.000002125 per hash

 Undecided

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broken_pixel (OP)
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June 29, 2013, 05:31:07 PM
 #8

The reason I posted this thread was because I know someone who chats on Cryptsy that ordered one.  Roll Eyes

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