Neural Network Bitcoin Miner

[HashPotatoe]

Newbie here (obviously)

Anyway, I made a preorder with Butterfly Labs and needless to say, it's been 4 months and going strong. I am obviously having second thoughts on how wise this investment is (or is going to be).  

While I can't get a refund, I came across a new company that is developing a sort of neural network bitcoin miner. I am a computer programmer and have dipped my nose into neural networks and I am aware of what they can do, so this sounds real interesting.

The product is called NLS JackHammer, and seems to blow everything out there clear off the water. It's also very competitively priced. This has me very, very interested. I'm seriously thinking about getting into this.  

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

Anyone had any experience with this? Any thoughts or comments welcome.

Thanks!

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[nicomekl]

Doesn't make sense to me and I have a computing science background.

If there were a way to compromise SHA using neural networks, I would expect to see something about this in computing science literature. Perhaps this isn't being written about because nothing near a full-collision is necessary to mine bitcoins, but as far as I know any reduction in entropy threatens a hashing function's reliability. Given SHA's status as a global standard, I would imagine any chance of it being compromised would be commented on heavily by academia -- similar to what happened with MD5 some time ago.

[grosbill]

I don't have any experience with miners and particularly not this one.
However I do have some programming and hardware experience.
Neural networks won't help you mine.
In my opinion this is at best a decent miner marketed with the "neural network" buzzword (I'll let the specialist judge if the price seems honest) or at worst a shameless scam.

[HashPotatoe]

Are they saying the JackHammer can "crack" or compromise SHA? 

I've read the whole thing over and over and it seems to me they are not saying that...

Just a thought...

But at 1.2TH/s, this seems very moderately priced. 

[nicomekl]

The only way I could see this as making sense is if the neural network could crack SHA.

Neural networks can be trained to create a function which correlates a chosen input (in this case a low hash target) with a specific output (in this case the input nonce). A historical example of their use is in hand-writing recognition. A neural network is provided a series of pictures of letters along with their meanings as training data and "learns" to interpret future scanned input with a high-degree of accuracy.

Perhaps it is possible that a neural network could learn some sort of pattern from SHA, but if this happened I would expect to hear a lot about it from academia and for the hash standard to be quickly deprecated.

[Meizirkki]

Newbie here (obviously)

Anyway, I made a preorder with Butterfly Labs and needless to say, it's been 4 months and going strong. I am obviously having second thoughts on how wise this investment is (or is going to be).  

While I can't get a refund, I came across a new company that is developing a sort of neural network bitcoin miner. I am a computer programmer and have dipped my nose into neural networks and I am aware of what they can do, so this sounds real interesting.

The product is called NLS JackHammer, and seems to blow everything out there clear off the water. It's also very competitively priced. This has me very, very interested. I'm seriously thinking about getting into this.  

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

Anyone had any experience with this? Any thoughts or comments welcome.

Thanks!

Shameless plug?

That scam is weak

[HashPotatoe]

Ok, I'm lost here...

Shameless plug?