escrow.ms
Legendary
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Activity: 1274
Merit: 1004
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November 25, 2013, 03:00:50 PM |
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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 Once money is withdrawn Paypal can't do any shit.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.
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Xian01
Legendary
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Activity: 1652
Merit: 1067
Christian Antkow
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November 25, 2013, 03:19:55 PM |
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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 ?
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giletto
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November 25, 2013, 03:52:34 PM |
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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.
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turtle83
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November 25, 2013, 04:05:17 PM |
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I mean who falls for techymarketey/salsey bullshit words like:
ElectricityCutter™ Power Chill Cooling Technology™ KL-PARISHRAM™
FTFY. -A technician
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RHA
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November 25, 2013, 04:17:22 PM |
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From "Kotak Labs" page: -Type of connectivity? The type of connectivity is USB. (...)
-Stand alone unit? Yes, (...).
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bitcoinlord
Member
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Activity: 70
Merit: 10
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November 25, 2013, 04:19:23 PM |
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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:tm7lp7.1.1They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?
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turtle83
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November 25, 2013, 04:31:08 PM |
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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:tm7lp7.1.1They 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.
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PenAndPaper
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November 25, 2013, 04:51:42 PM |
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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
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americandesi
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November 25, 2013, 05:38:03 PM |
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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:tm7lp7.1.1They 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.!
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jayeeyee
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November 25, 2013, 05:41:25 PM |
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SCAM DON'T BE A FOOL.
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escrow.ms
Legendary
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Activity: 1274
Merit: 1004
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November 25, 2013, 05:48:14 PM |
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kotaklabs (OP)
Newbie
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Activity: 7
Merit: 0
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November 25, 2013, 06:13:01 PM |
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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!)
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Wipeout2097
Sr. Member
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Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
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November 25, 2013, 08:52:55 PM |
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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)
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Wetish
Newbie
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Activity: 15
Merit: 0
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November 25, 2013, 09:08:30 PM |
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They are logging my ip to prevent against fraud. But the ip they display is not mine.
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papamoi
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November 25, 2013, 10:17:39 PM |
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so scam or no? /
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Operatr
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November 25, 2013, 10:34:43 PM |
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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.
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descarte
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November 25, 2013, 11:53:28 PM |
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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.
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/dev/null
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November 26, 2013, 04:49:10 AM |
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so scam or no? / Its a scam.
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Xian01
Legendary
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Activity: 1652
Merit: 1067
Christian Antkow
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November 26, 2013, 05:05:14 AM |
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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.
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goxed
Legendary
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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November 26, 2013, 06:04:40 AM |
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Revewing Bitcoin / Crypto mining Hardware.
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