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Author Topic: Neural Bitcoin miner?  (Read 2978 times)
pkmoney (OP)
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November 21, 2013, 09:55:49 PM
 #1

Just came across this. looks interesting.

Saw the ebay listing then i went to the website

http://www.ebay.com/itm/Neural-Network-Bitcoin-Miner-1-2-TH-s-starting-at-only-US-2k-/231099045031?pt=US_Nonfiction_Book&hash=item35ce9394a7

http://www.neural-lotto.net/index.php/en/bitcoin

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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pontiacg5
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November 21, 2013, 10:05:56 PM
 #2

Scam. Bitcoin blocks are brute force, and they always will be.


Please DO NOT send me private messages asking for help setting up GPU miners. I will not respond!!!
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November 21, 2013, 11:18:03 PM
 #3

I dunno.. this looks like a legit company.

Their primary business is winning the lottery.
But since the value of lottery pools on any given day is limited.. and the value of bitcoins is pretty much unlimited.. It just seemed like a better idea to make hardware that mines bitcoins rather than win the lottery.
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November 21, 2013, 11:37:42 PM
 #4

I dunno.. this looks like a legit company.

Their primary business is winning the lottery.
But since the value of lottery pools on any given day is limited.. and the value of bitcoins is pretty much unlimited.. It just seemed like a better idea to make hardware that mines bitcoins rather than win the lottery.

Companies that can win the lottery don't need to run ads on their site. Nor do they need to sell anything, considering they can always just go and win the lottery...
-ck
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November 22, 2013, 12:43:05 AM
 #5

Horse shit.

Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
polarhei
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November 22, 2013, 11:31:15 AM
 #6

I don't fully trust this.
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November 23, 2013, 07:51:11 PM
 #7

Scam.  A neural net would be terrible at Bitcoin mining. They are just throwing around "tech speak" to lure the uneducated.

Run a Bitcoin node, support the network.
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November 23, 2013, 07:55:18 PM
 #8

Horse shit.

absolute unmitigated equine feces

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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November 23, 2013, 08:31:08 PM
 #9

STUPID. Plain ole'.
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November 23, 2013, 08:32:36 PM
 #10

If they had anything better than bruteforce for sha2 they would sell the technology secretly to some intelligence agency or use it to break into some online banking systems, etc.

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November 23, 2013, 08:36:40 PM
 #11

If anyone actually buys this they shouldn't be in the bitcoin game anyway, this is an obvious scam and I hope that people do more research on how bitcoin works and what is needed to mine the currency before they go out and drop 2k on a whim.

DO NOT BUY!

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
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November 24, 2013, 12:33:34 AM
 #12

Quote
We are selling TWO PAGE Bitcoin Report (English / Spanish) regarding a revolutionary new NEURAL BITCOIN MINER.

Very expensive report
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November 24, 2013, 04:55:59 AM
Last edit: November 24, 2013, 02:16:29 PM by mobile
 #13

Lulz, sweet Ad. thanks for introducing pete tha zouk to me through that ad & why Nigerian scam artists still can maintain a thriving industry. The way they describe this "BTC neural network ROM" actually reminds me of quantum computing.



1MoBi1eNbqh8QMuvtZjYzQGV8NEckJJYcT rep|GnuPG <3 CLAM <3
scooter
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November 24, 2013, 06:48:09 AM
 #14

I dunno.. this looks like a legit company.

Their primary business is winning the lottery.
But since the value of lottery pools on any given day is limited.. and the value of bitcoins is pretty much unlimited.. It just seemed like a better idea to make hardware that mines bitcoins rather than win the lottery.

Companies that can win the lottery don't need to run ads on their site. Nor do they need to sell anything, considering they can always just go and win the lottery...

Yeah but do you see the value of lotteries going higher than the value of bitcoins?
It doesn't make sense to use all that hashing power to win the lottery when you can get bitcoins.
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November 24, 2013, 11:52:42 AM
 #15

i doubt its legit.
pkmoney (OP)
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November 28, 2013, 01:39:48 PM
 #16

i doubt its legit.

Agree

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November 28, 2013, 02:58:09 PM
 #17

You're better off buying from a trusted seller, than this story-looking ebay crap.
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November 28, 2013, 03:01:35 PM
 #18

I work with neural nets on a regular basis and I don't see how this could possibly work.
I vote scam.
pkmoney (OP)
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November 28, 2013, 03:04:25 PM
 #19

You're better off buying from a trusted seller, than this story-looking ebay crap.
For now I just decided to invest and also buy some gh/s on CEX.io  Grin

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
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November 29, 2013, 11:23:35 PM
 #20

Lol, looks like someone actually bought one of those "Bitcoin Reports".

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