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

[wisard]

A transfer request from cryptomex dated 2014-09-23 02:00:02 has still not processed. Please check.

[kakobrekla_4]

So this scam has been going on for 1 year and nothing paid out to any investors? I hope someone is filling charges at this point to try and at least get something.  I am so sick of seeing shady stuff like this in Bitcoin land it just makes me sick.  I almost invested 20-30BTC into this after speaking with Deadterra on IRC.  I really hope you guys get something out of this disaster 

no point in going after icedrill, better of suing terra and will personally to get them removed from being CEO's. New CEO could sell everything and split the remain BTC

Prepare for cognitive scenario. This time I really wouldn't mind.. Let's  just get over with this pathetic little security that won't be seen even under hash microscope in 3 months from now.

You know I called cognitive scam half a year plus in advance.
Nobody listened.

I also called on deadterra a year ago.

Code:

30160 kakobrekla 148 DeaDTerra 2013-09-04 22:41:21 -5 sloppy opprtunistic unreliable, bad at what he does, avoid

(source: bitcoin-otc)

Nobody listened.

There were numerous examples before that.


Spot the pattern or lose all your money.

[kingscrown]

so is this thing working or not really?

[WillMilk4Coin]

so is this thing working or not really?

How do you mean? -is ID mining Bitcoin? Yes.


Will or DT;
-What is preventing dividend payouts from being executed?

-Where did the funding come from to develop the pool project you've been mentioning? https://bitcointalk.org/index.php?topic=790323.msg8909278#msg8909278

-Where are the proceeds from the pool fee going?

-How many Bitcoin have been mined by ID? The balance of the addresses below is only 341 btc, while the amounts received total ~2500 btc.

Code:

                                      Balance         Received
16ARJqhDqyARnGE3R3r6VMtHLJXhpcdD68           0                4
12DFehEHkoXbBtjGt4G83qbh4gVY5vfVKi           0              731
19UFMZajuKSNPDbCUT3jmbHcVYvTPgcMzq           2               33
1FvPHJ7vMknUHEDRs43uyjbEWu28T5aGgE          12              108
14qwTVT7wo83bgivmewtafNp46aQ2qnf8j         120              494
12ej4RUwoszmQoKYyFg6Ej27L82xhFS5Ao         149             1025
1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU          58              135

*of course, 12ej4RUwoszmQoKYyFg6Ej27L82xhFS5Ao seems to be the address of the pool you developed, which may or may not include other parties


-Lastly, if 12ej4RUwoszmQoKYyFg6Ej27L82xhFS5Ao is indeed the pool that ID was mining to, and that address has not seen a reward for a block solved since Sept. 16 while only 1NJNrRgQL9VDkd78HHDBukoayfcdEy7nwU from the addresses above is receiving a very small mining revenue from F2Pool, what addresses are the bulk of ID's machines currently mining to?

[babybonobo]

I can't believe how long this has gone on without action for the investors...arggghhh!!!

[iCEBREAKER]

I can't believe how long this has gone on without action for the investors...arggghhh!!!

Nothing can happen until the HF bankruptcy is resolved.  There will be action on that front Soon(tm).

Setting your hair on fire and jumping up and down over some dust is silly.  But if screaming makes you feel better, *here* have a pillow!

[Transisto]

I can't believe how long this has gone on without action for the investors...arggghhh!!!

Nothing can happen until the HF bankruptcy is resolved.  There will be action on that front Soon(tm).

Setting your hair on fire and jumping up and down over some dust is silly.  But if screaming makes you feel better, *here* have a pillow!

AFAIK they don't have a claim in HF bankruptcy, they didn't take MPP insurance. (for whatever it could have been worth).

Icedrill the was the first to receive hardware and I think the only one who got their order fulfilled.

[iCEBREAKER]

AFAIK they don't have a claim in HF bankruptcy, they didn't take MPP insurance. (for whatever it could have been worth).

Icedrill the was the first to receive hardware and I think the only one who got their order fulfilled.

You couldn't be wrong (luckily for us).  ID have the strongest claim in the HF bankruptcy and sit on the Creditor Committee.

Unlike retail customers, they actually had a windfall-tolerant 'Full-refund-of-all-BTC-no-matter-what' agreement with HF.

To compound matters, ID's machines were late, and many of them didn't work well or at all.  Not taking MPP turned out to be a wise decision.

[Transisto]

  had a windfall-tolerant 'Full-refund-of-all-BTC-no-matter-what' agreement with HF. 

Where do you get that from?

[iCEBREAKER]

  had a windfall-tolerant 'Full-refund-of-all-BTC-no-matter-what' agreement with HF. 

Where do you get that from?

This thread.

[cedivad]

AFAIK they don't have a claim in HF bankruptcy, they didn't take MPP insurance. (for whatever it could have been worth).

Icedrill the was the first to receive hardware and I think the only one who got their order fulfilled.

Digimex filed a $5M proof of claim within the HF bankruptcy.

[iCEBREAKER]

Here's some good news!

We are the owners of hashmine.io and commissioned the development of ckpool.

We've been working with Con & Kano on this for a few months now, and I must say it's a pleasure to see the masters at work. In a sense, the work was a natural progression of the solo-mining/gbt work on cgminer we commissioned earlier this year.

I started on basic visualization/GUI layer here: http://cpui.hashmine.io/ - changes to that sync with Kano's web implementation @ http://ice.kano.is/
Current focus is on browser compatibility, making it work and look serviceable on all devices. Priority is bugfixes and basic user management workflows, will look @ i18n and l10n after that.
This current UI is mainly a test for the REST API I'm building on Kano's ckdb work and testing the servicing of historical reporting. Will add more visualizations & reporting in the coming days.
Still very much in debug mode as daily changes are coming in, but will try to keep up with Kano & Con as time goes on.

hashmine.io takes a flat rate 1.5% fee, of which 0.5% goes directly to ckpool development (controlled by Con, and issued @ coinbase at time of blocksolve). Newly minted coins go directly into cold storage and I process them manually when the blocks mature. A payout history is available @ the above-mentioned UI. Will do this until I've worked through the security aspects of automation.

There's still much to do on this technical path (hardware, software, architecture, distribution, etc.) and this project will probably always be on-going. Once things calm down a bit we'll go into the unique-selling points of hashmine and the direction we'd like to take with it.

Will update this post with progress as I push changes.

Watch out GHASH, HashMine is in the wild!   

[Blazed]

So rather than paying dividends...they made a pool? Was this pool paid for by investor funds or some other source? Or is this just software to self mine...not real clear for me.

[_mr_e]

Can we please begin the process of a lawsuit  for fraud and the sale of unregistered securities?

[NotLambchop]

Can we please begin the process of a lawsuit  for fraud and the sale of unregistered securities?

>buys unregistered securities
>sues because unregistered securities

[_mr_e]

Can we please begin the process of a lawsuit  for fraud and the sale of unregistered securities?

>buys unregistered securities
>sues because unregistered securities

Ya well I wouldn't care if they weren't just fucking around, ignoring us, leading us on and have basically now robbed us. We need to get at them anyway we can.

[sartech]

Looking for more updates... will ?

[Dexter770221]

Is anyone alive in Cryptomex? I've requested withdrawal over a week ago and nothing....

[DeaDTerra]

Is anyone alive in Cryptomex? I've requested withdrawal over a week ago and nothing....

I will check with CMX and check what the status of the payouts are and with Will to see if we can give you guys another update.

//DT

[_mr_e]

Is anyone alive in Cryptomex? I've requested withdrawal over a week ago and nothing....

I will check with CMX and check what the status of the payouts are and with Will to see if we can give you guys another update.

//DT

This is such a fucking joke.