[ANN] Fibonacci Info and questions

[jasinlee]

I too am interested, will there be a point in which you will just be selling units outright, rather than taking preorders before the units go obsolete and you start producing the next model? I'm rather excited to see people prove me wrong about Scrypt Asics, however preorders rub me the wrong way, even from other companies that have proven themselves (KNC, Asicminer, etc)

Also, will all units be shipped from Germany?

Willing to offer me one early for review as a longtime community member?

Hehe, I also wouldn't be opposed, however I dont think I fit the same criteria as tacotime. I'm a lifelong member, but not a fellow dev.

Yes the lead engineer is in Germany so no biggie there. He will likely be doing the testing personally as he is a bit anal also. As for shipping obsolete units, we would need a competitor that is closing in on our speeds and able to keep up on future models for this to happen. To date I do not see any issues.

[SaltySpitoon]

Yes the lead engineer is in Germany so no biggie there. He will likely be doing the testing personally as he is a bit anal also. As for shipping obsolete units, we would need a competitor that is closing in on our speeds and able to keep up on future models for this to happen. To date I do not see any issues.

Meh, I'm 0 for 3 buying hardware from outside of the US/Canada. I have every package mysteriously go missing through customs  

[jasinlee]

Yes the lead engineer is in Germany so no biggie there. He will likely be doing the testing personally as he is a bit anal also. As for shipping obsolete units, we would need a competitor that is closing in on our speeds and able to keep up on future models for this to happen. To date I do not see any issues.

Meh, I'm 0 for 3 buying hardware from outside of the US/Canada. I have every package mysteriously go missing through customs  

Yeah thats what I am told by my devs in other countries. Customs over there is evil.

[danbi]

The chances of someone even with the technical know how prefering to run and manage that many PCs will enjoy themselves in the process. They are not our target market anyway.

It seems your target market is the people who heard that they can make money from cryptocurrency and are ready to invest some cash in that hope but for some reason do not like noisy, hot and needing support hardware in their house/office. These people obviously have no idea whether they will make any profit, and they will probably not make any profit, but eventually their sacrifice will help build a better (priced) product. Every industry needs scapegoats.

But, again: you are not giving these miners to users to run in their own houses, and power from their own electricity bill. So therefore any talk about how much more power saving these are is moot.

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs.

[kernels10]

The chances of someone even with the technical know how prefering to run and manage that many PCs will enjoy themselves in the process. They are not our target market anyway.

It seems your target market is the people who heard that they can make money from cryptocurrency and are ready to invest some cash in that hope but for some reason do not like noisy, hot and needing support hardware in their house/office. These people obviously have no idea whether they will make any profit, and they will probably not make any profit, but eventually their sacrifice will help build a better (priced) product. Every industry needs scapegoats.

But, again: you are not giving these miners to users to run in their own houses, and power from their own electricity bill. So therefore any talk about how much more power saving these are is moot.

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs.

lol I had to respond just because I actually do 

[sQueeZer]

They have to protect their development + not offer reverse engineering.
I understand that.

But the argument of powersavings @ hosted mining is correct.

[soothaa]

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs.

You're not kidding. It has been -10C outside for days and I have yet to turn on my heat. You walk in and it's hot.

[jasinlee]

As I pointed out before, our prices may change, but you definitely wont be able to use these to heat your house.

[OrkneyCoiner]

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs.

You're not kidding. It has been -10C outside for days and I have yet to turn on my heat. You walk in and it's hot.

same here we had to leave one window open all the time.

[jasinlee]

I think everyone will be pleasantly surprised once they see all the caveats related to our work that will be launched as time goes on. This industry has been lacking someone that cares about the coin community for a long time. We want to fix it.

[Dabs]

@jasinlee, I'm interested. Reserve me a few MH worth please. I'm in to mine a different scrypt coin though.

[jasinlee]

Our Cirrus architecture for the direct shares system.

[jasinlee]

All services on the website will be similarly distributed to ensure security.

[Tomatocage]

Sorry if this has already been covered, but does the $.90/KHs include hosting, or is that a separate fee?

[LiteMine]

How much of a time lag do you expect for someone ordering (early) to have their unit hashing at your location? I really like the hosted hashing idea, it gets things going faster - thank you!

[jasinlee]

Due to us doing forced hosting initially, we will just charge for the electric rate that is in the area 0.09$ kwh. But each unit is using ~72 watts for 16 mhs, I dont know the exact percentages yet, but it will be tiny in the grand scheme of things.

I think less than 2% will be easily enough, likely even less.

[jasinlee]

How much of a time lag do you expect for someone ordering (early) to have their unit hashing at your location? I really like the hosted hashing idea, it gets things going faster - thank you!

Once we receive the boards from assembly we will test them for a couple of days. As long as our engineers can keep up with them as they come off the line, it will be tested, then put to work.

[coins101]

The chances of someone even with the technical know how prefering to run and manage that many PCs will enjoy themselves in the process. They are not our target market anyway.

It seems your target market is the people who heard that they can make money from cryptocurrency and are ready to invest some cash in that hope but for some reason do not like noisy, hot and needing support hardware in their house/office. These people obviously have no idea whether they will make any profit, and they will probably not make any profit, but eventually their sacrifice will help build a better (priced) product. Every industry needs scapegoats.

But, again: you are not giving these miners to users to run in their own houses, and power from their own electricity bill. So therefore any talk about how much more power saving these are is moot.

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs.

lol I had to respond just because I actually do 

Me too 

[coins101]

Due to us doing forced hosting initially, we will just charge for the electric rate that is in the area 0.09$ kwh. But each unit is using ~72 watts for 16 mhs, I dont know the exact percentages yet, but it will be tiny in the grand scheme of things.

I think less than 2% will be easily enough, likely even less.

OK, I'm in. Where do I sign-up 

[jasinlee]

Soon....