[BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)

[TheSwammi]

I took a screen shot with 640 machines, but saw it reach a max of 672. Didn't look like a glitch to me either.

Monitor changes resulted in duplications. Check the serial numbers (OPNAMEs) in your screenshot.

Damn. I got really excited there for a few hours.

[TheSwammi]

I'm going to post my screen shot for anyone interested. Will is correct that there is a duplication of OPNAME id's. However, the rest of the numbers are different. Draw your own conclusions.

http://i61.tinypic.com/jl07t2.jpg

[will]

I'm going to post my screen shot for anyone interested. Will is correct that there is a duplication of OPNAME id's. However, the rest of the numbers are different. Draw your own conclusions.

Each controller snapshot is taken at a different time within a space of ~15 mins, the interval at which we monitor each miner instance (see elapsed column for # of seconds worker-instance uptime). The OPNAME is the serial number on the side of the box (add SR in front and 13 @ end, capitalize).

[pedrog]

Ok then.

I just looked to hashrate and it didn't seem duplicated, my mistake...

[Hoofprint]

Update on next payout: Now that CMX is up again and the financial report is incoming, we will resume the payouts. A new payout, along with retroactive PU assignments and new PUS assignments for recent sign-ups will scheduled for the end of July.

Its August. still no btc. whats the excuse this time.......

Let me guess you and terra were laughing so hard at the fact you got IceBreaker to believe your lies, you forgot to press the button right ?

[WillMilk4Coin]

Keen to get a financial report out for end of June, so kicked off that process.

Everything that is in the wallets qualify for a reward payment. The mined coins are still there. I just need accounting to give me a solid go ahead on what would be the best way to move forward with reward payments (how much & how often). The basic idea is to enable trading at around the same time the new financial report is published (end of June). New KYC docs (less invasive) should be in play this week.

 

Payouts:
We are currently waiting on some changes from the CMX team as well as a new financial report from the accountant who did the last report. Once these are finished we will resume the payouts as usual.

 

Update on Financial report: The accountant is wrapping up the last things and we should receive the report by the beginning of next week. (Please note that the CoinTerra shares will not be included in the report as we are waiting for the new valuation).

Update on next payout: Now that CMX is up again and the financial report is incoming, we will resume the payouts. A new payout, along with retroactive PU assignments and new PUS assignments for recent sign-ups will scheduled for the end of July.

[kako_number3]

I trust Will and Terra about as much as a Starving fat kid in a cake shop.

Calm down Hoofprint, Will and Terra are honest people.

A shill or just retarded?

[iCEBREAKER]

I trust Will and Terra about as much as a Starving fat kid in a cake shop.

Calm down Hoofprint, Will and Terra are honest people.

A shill or just retarded?

Neither.  Just experienced and well-informed.

EG: Terra just paid out the accumulated dividends from his old Gamma fund.  Yippee!   

[Micky25]

Both. A retarded shill.

[iCEBREAKER]

Both. A retarded shill.

Will has seen his potential reward for running Icedrill shrink to less than nothing.

And yet, he is still fighting for us shareholders, trying to at least minimize our losses.

What have you done to help?  Whinging and flaming don't count as helping.  Neither does feeling sorry for yourself and attacking your betters.

[Micky25]

just an abstract statement. Thankfully the name HashFast kept me away from haveing to grind an axe in here.

[iCEBREAKER]

the name HashFast kept me away from haveing to grind an axe in here.

Really?  Could have fooled me!   

Your earlier impersonation of an axe grinder is spot-on! 

[dropt]

Will has seen his potential reward for running Icedrill shrink to less than nothing.

Last I checked Will was sitting on near half a million of our money.  It's been near 8 months since ID started mining, and I've received nothing but bullshit hopes and promises from these two with nearly ZERO follow through.  I don't give a fuck if Will's potential reward is dwindling, he's likely already profited more than every single non-committee shareholder combined.  Further, in my world we don't reward incompetence.

And yet, he is still fighting for us shareholders, trying to at least minimize our losses.

Remind me again how he's minimizing my 100% loss?

[iCEBREAKER]

Last I checked Will was sitting on near half a million of our money.  It's been near 8 months since ID started mining, and I've received nothing but bullshit hopes and promises from these two with nearly ZERO follow through.  I don't give a fuck if Will's potential reward is dwindling, he's likely already profited more than every single non-committee shareholder combined.  Further, in my world we don't reward incompetence.

Remind me again how he's minimizing my 100% loss?

He's minimizing our loss by working to maximize value accrued from HF's assets.  ID has a large role to play in an optimal solution, because they have the most extensive experience building and running HF based mines.

HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition.  KnC might bid on the IP just to keep it off the market.

I felt the same way you do now waiting for Gamma, and even chewed out Terra for the radio silence once or twice.   

It all worked out well in the end, and we all gained more patience. 

There was no need to act like we'd invested more than we could afford to lose back then, nor is there now.

[RoadStress]

HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition.  KnC might bid on the IP just to keep it off the market.

You mean the fastest chip, not the best. Not sure if that is an intentional mistake or just a shill mistake. The best is obviously a combination of high speed and low power consumption. Last I check the GN1 chips isn't the most efficient chip out there.

[iCEBREAKER]

HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition.  KnC might bid on the IP just to keep it off the market.

You mean the fastest chip, not the best. Not sure if that is an intentional mistake or just a shill mistake. The best is obviously a combination of high speed and low power consumption. Last I check the GN1 chips isn't the most efficient chip out there.

Yes, there is a trade-off between speed and power.  But the GN1 rules both ends of the gamut.

If you underclock an EVO, they go down to  0.5W/Gh or less.

Regardless, I consider GN1 the best because of its GH per mm of wafer/die.  That's what matters most; the rest is all just IntellIhash.

[BitcoinBaBa]

When will July end for you guys? Just release the payouts already.

[Kushedout]

When will July end for you guys? Just release the payouts already.

[kako_number3]

Both. A retarded shill.

I think you are right.

<kakobrekla> ;;rated deadterra
<gribble> You rated user deadterra on Wed Sep  4 18:41:21 2013, with a rating of -5, and supplied these additional notes: sloppy opportunistic unreliable, bad at what he does, avoid.

The oracle has spoken.

[padrino]

I'm going to post my screen shot for anyone interested. Will is correct that there is a duplication of OPNAME id's. However, the rest of the numbers are different. Draw your own conclusions.

Interested in learning what you are running to manage the systems?