3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs

[escrow.ms]

And there is no ACH facility offered by Indian Bank accounts. So the money transfer is just one way. From Paypal --> merchant's bank account

What do you mean by that. What is an ACH facility?
Anyway great post and way more useful than talking about power consumption and ROI of vaporware  

ACH facility means. If a merchant has USA paypal account and link their bank account with Paypal / provide them authorization.
That means, in the event that a user files a dispute or requests refund, then paypal can withdraw money from the bank account.
ACH facility is a two way fund transfer.

Something on those lines. But with Indian bank accounts, that is not possible.

P.S : Someone correct me if am wrong.

That's correct.
Once money is withdrawn Paypal can't do any shit.

Oh btw he changed prices, looks like he wants to scam as much as possible before his paypal account gets locked.

[1714882748]

1714882748

[1714882748]

1714882748

[Xian01]

Hello Friend,
All the technical specs, our datasheet, a fully working prototype youtube video, our partners, etc everything will be rolled out on our blog soon.
Meanwhile, you can also sign up for our newsletter for real time updates : https://kotaklabs.com/newsletter/

 Hello... friend.

 Could you please provide some technical specs, data sheets, and an explanation for your current pricing shenanigans ?

[giletto]

by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.

You don't seriously believe that we will be somewhere near 609m difficulty in 4 months, do you?

What is your expectation, that it's lower? Just watch the new asic machine and then the exponential trend. I guess in march next year something around 600m is not that much fiction...but, of course, nobody can look clear in the future.

I don't think you understand how difficulty works - it's based on the total mining pool. Every time someone turns on a miner, the next difficulty will go up. Think about all the other companies releasing miners between 30GH to 1000GH in the next 2 months. It's going to be above 2B difficulty by March and I'm being optimistic.

Please don't make statements on difficulty and hashrate if you don't understand the mechanics, it just confuses the new people.

Oh, you are a fortune-teller that you know the real total exponential amount in 4 month? I calculate with the current increase mister smartass. And i understand how the difficulty works, everybody with experience who read MY post will see, except you.

So lets see, how much you expect for march? Your 2B are much lesser then my 5.9B, isn't? Actually, if you able to read my post clear, i wrote exactly the same sentence of your repeat...

I wasn't talking to you, I don't even know how you got caught up in this - I was responding to the "it will be around 600m claim". 2B vs 6B is a reasonable debate. Thinking its 600m is bananas.

You quote my post, so you not mean me? You are funny, indeed!

Btw., how you can think someone talk about 600m? Actually Difficult: Bitcoin Difficulty:    609,482,679 ...so of course nobody expect in 4 month the same dificulty, thats why i make a calculation above!

And he calculate with my input of guessed 5,941,344,136 difficulty mate...just read. Not so difficult.

[turtle83]

I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

[RHA]

From "Kotak Labs" page:

-Type of connectivity?
The type of connectivity is USB. (...)

-Stand alone unit?
Yes, (...).

[bitcoinlord]

I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?

[turtle83]

I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?

Well... they probably havent trademarked jack, but let me remind you that US does not have jurisdiction over the whole world.

[PenAndPaper]

come on guys these fakes are so easy to spot nowadays...

Well it seems that's not the case for everyone. In the first page someone claims that he preordered one already  

[americandesi]

I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?

You are looking at the trademarks on in USA.
Just to give some credit. He might have filed for trademark in India. There is no basis to claim that it is SCAM based on Trademarks only.!

[jayeeyee]

SCAM
DON'T BE A FOOL.

[escrow.ms]

You can check indian trademarks here.
https://ipindiaonline.gov.in/tmrpublicsearch/frmmain.aspx

(Class 9)

http://ipindiaservices.gov.in/eregister/eregister.aspx

[kotaklabs]

HAHA!  

Just point out when and where did we say that we have trademarked our ElectrictyCutter Technology / Power Chill Cooling Technology

This clause is not considered. (With everyone laughing at KotakLabs Team reading this!)

You can check indian trademarks here.
https://ipindiaonline.gov.in/tmrpublicsearch/frmmain.aspx

(Class 9)

http://ipindiaservices.gov.in/eregister/eregister.aspx

[Wipeout2097]

What do they exactly do? Regulate hashing speed according the ambient temperature, can one schedule power consumption during day/night cycles? (I pay more from 9h - 22h, than night and weekends)

[Wetish]

They are logging my ip to prevent against fraud. But the ip they display is not mine. 

[papamoi]

so scam or no?/

[Operatr]

A website and some pretty renders are all I see. This is a smokescreen.

There are so many options that actually exist now there is no reason to have blind faith in a "company" that has shown nothing of itself to the community. This is probably by the same jokers behind Cryoniks.

[descarte]

The line that got me concerned

"Since the product is still under development stage, the exact dimensions of the final product can vary."

so you are paying a product which is under development with unknown shipping date, size and weight. by then, the 20nm will hit the market. i think knc will still be the king next year.

[/dev/null]

so scam or no?/

Its a scam.

[Xian01]

HAHA!  
Just point out when and where did we say that we have trademarked our ElectrictyCutter Technology / Power Chill Cooling Technology
This clause is not considered. (With everyone laughing at KotakLabs Team reading this!)

 Posts like this do not inspire confidence in the professionalism or legitimacy of your operation.

[goxed]

https://bitcointalk.org/index.php?topic=345030.0