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jasinlee (OP)
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March 28, 2014, 01:15:15 AM |
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We had hoped to make it go slowly with staggered releases (and other methods), but as discussed on the forums many times.....not all of the companies will act responsibly with the technology.
I guess its time to just let them off the leashes.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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OleOle
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March 28, 2014, 01:25:30 AM |
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We had hoped to make it go slowly with staggered releases (and other methods), but as discussed on the forums many times.....not all of the companies will act responsibly with the technology.
I guess its time to just let them off the leashes.
Yes, it's an open question how long it will take for your products to get cloned.  |
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jamieb81
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March 28, 2014, 01:27:24 AM |
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Jeez, so that's about 8.6h Mh/s for a single Recursion right? Great! I'm really happy that I have ordered 1  . This will cause the difficulty of Scrypt coins go insane and GPU miners won't be profitable anymore for Scrypt I guess. Scrypt will be taken over by (Fibonacci) ASICs soon . unless all the coins decide to go scrypt N or sha or whatever asic resistant :p ( worrywart inside ) |
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jasinlee (OP)
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March 28, 2014, 01:35:57 AM |
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We had hoped to make it go slowly with staggered releases (and other methods), but as discussed on the forums many times.....not all of the companies will act responsibly with the technology.
I guess its time to just let them off the leashes.
Yes, it's an open question how long it will take for your products to get cloned. We kind of wonder the same thing, all the more reason to begin with hosting rather than shipping immediately. The V2 chips are the ones we will be working on, they will make this race to the bottom a bit different. |
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jamieb81
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March 28, 2014, 02:16:57 AM |
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We had hoped to make it go slowly with staggered releases (and other methods), but as discussed on the forums many times.....not all of the companies will act responsibly with the technology.
I guess its time to just let them off the leashes.
Yes, it's an open question how long it will take for your products to get cloned. We kind of wonder the same thing, all the more reason to begin with hosting rather than shipping immediately. The V2 chips are the ones we will be working on, they will make this race to the bottom a bit different. would be real nice to be able to implement something in those chips that would make them impossible to copy |
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jasinlee (OP)
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March 28, 2014, 02:34:10 AM |
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We had hoped to make it go slowly with staggered releases (and other methods), but as discussed on the forums many times.....not all of the companies will act responsibly with the technology.
I guess its time to just let them off the leashes.
Yes, it's an open question how long it will take for your products to get cloned. We kind of wonder the same thing, all the more reason to begin with hosting rather than shipping immediately. The V2 chips are the ones we will be working on, they will make this race to the bottom a bit different. would be real nice to be able to implement something in those chips that would make them impossible to copy Sadly the security measures that exist are not sufficient to the task. Rather a proper POW will need to be created to combat future ASICs, and currently (  ) there are none in use in the crypto world. |
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cryptrol
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March 28, 2014, 07:55:48 AM |
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unless all the coins decide to go scrypt N or sha or whatever asic resistant :p
AFAIK scrypt-N is not ASIC resistant, since it is scrypt with different parameters. To be honest (as Jasinlee mentioned) there is no ASIC resistant algorithm at the moment (and possibly there will never be although this is just my opinion). The only thing that take to build an ASIC for whatever PoW algorithm is : profitability and ROI. If it is profitable, then investing in ASIC development is possible. Will Fibonacci's work with the coins that use "scrypt-N" with the same mixing function as Litecoin ? I understand that if the mixing function is different (chacha vs salsa) then it won't, am I right ? |
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greentea
Legendary
 Offline
Activity: 1418
Merit: 1002
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March 29, 2014, 02:54:23 AM |
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Trying to understand about the trusted hosts ... will they be physically shipped out to these different locations, or do they stay with Fibonacci and just use their servers?
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jasinlee (OP)
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March 29, 2014, 03:00:06 AM |
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Trying to understand about the trusted hosts ... will they be physically shipped out to these different locations, or do they stay with Fibonacci and just use their servers?
shipped to the trusted hosts |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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March 29, 2014, 03:24:10 AM |
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Trying to understand about the trusted hosts ... will they be physically shipped out to these different locations, or do they stay with Fibonacci and just use their servers?
shipped to the trusted hosts (No offence) but who is liable if they abuse them or run away with them (lots of $$$ moving around here) Is fibonacci liable if something goes amiss while at these 'trusted hosts' locations? and then they will be responsible to pack, pay, & ship them to the end user when the time is right? adding another variable like this makes it that much more likely something could go wrong ... Sorry just a concern of mine |
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jasinlee (OP)
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March 29, 2014, 03:27:07 AM |
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Trying to understand about the trusted hosts ... will they be physically shipped out to these different locations, or do they stay with Fibonacci and just use their servers?
shipped to the trusted hosts (No offence) but who is liable if they abuse them or run away with them (lots of $$$ moving around here) Is fibonacci liable if something goes amiss while at these 'trusted hosts' locations? and then they will be responsible to pack, pay, & ship them to the end user when the time is right? adding another variable like this makes it that much more likely something could go wrong ... Sorry just a concern of mine Each host submits proof of identity. They will be liable, but in the event you are referencing, we would cover the loss and pursue them privately. |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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March 29, 2014, 03:30:07 AM |
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Each host submits proof of identity. They will be liable, but in the event you are referencing, we would cover the loss and pursue them privately.
OK thanks ... I trust you have vetted them thoroughly. |
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jasinlee (OP)
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March 29, 2014, 03:44:11 AM |
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Each host submits proof of identity. They will be liable, but in the event you are referencing, we would cover the loss and pursue them privately.
OK thanks ... I trust you have vetted them thoroughly. Yes, and we chose people that seem to share our ideals additionally. |
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organizer
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March 30, 2014, 02:14:19 PM |
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Do I need to start shilling on the alpha t thread to make you guys understand you are the ONLY ones hiring people to go around spouting stupid crap? I wont even delete your post, just so I can remember that you are another sock puppet. Hey Jasin, Just FYI... pretty sure the link above is a scam site not affiliated with Alpha-T.. I remember seeing a post from Alpha-T on it some time ago... just someone trying to steal BTC if i remember right....you actually should delete his post IMO since it's a scam site... I changed the actual link in my reply here not to give them any more traffic. |
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losh11
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March 30, 2014, 02:18:04 PM |
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I'm not sure about Scrypt jane, never really used any coin that uses it...
All it means to me is, it uses Scrypt and uses something to change the memory requirements for a different period of time.
That means that ASICs with high amounts of RAM should also be able to mine these.
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nemercry
Sr. Member
Offline
Activity: 339
Merit: 250
Vice versa is not a meal.
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March 30, 2014, 02:19:17 PM |
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What is their timescale to be delivered ?
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losh11
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March 31, 2014, 12:55:09 AM |
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What is their timescale to be delivered ?
July for hosting. |
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FiatKiller
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March 31, 2014, 11:17:54 AM |
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Ok, just back from vacay and confused again. lol
Are you saying the miners are now ~9X faster than originally?
I ordered 3, which was less than 3000 kh/s... which is less than
one recursion. Am I still getting a miner??
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jamieb81
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March 31, 2014, 02:12:36 PM |
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Ok, just back from vacay and confused again. lol
Are you saying the miners are now ~9X faster than originally?
I ordered 3, which was less than 3000 kh/s... which is less than
one recursion. Am I still getting a miner??
yes everyone still is getting their miners, only now they get free speed upgrade |
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losh11
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March 31, 2014, 05:53:02 PM |
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Ok, just back from vacay and confused again. lol
Are you saying the miners are now ~9X faster than originally?
I ordered 3, which was less than 3000 kh/s... which is less than
one recursion. Am I still getting a miner??
Free speed upgrade. They put higher figures for ASICs and more onto a board. |
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