THE FASTEST MINER IN THE WORLD!!!

[kano]

Heh, funny, comparing a fake miner to miners that never existed.
GMO never made any miners ... and never will.

[1714128892]

1714128892

[1714128892]

1714128892

[Artemis3]

We plan to produce 3 types of miners. In each miner there will be n standard boards (this is necessary for standardization and economy). The standard board is 64 chips on board. The estimated performance of each chip is about 400 GH / s. In this way:
1) Home miner = 1 board (64 * 400 = 25.6 TH / s) + power supply + network card = $ 400
2) Business miner = 4 boards (116 TH / s) + power supply + network card = $ 1200
3) Industrial miner = 16 boards (464 TH / s) + power supply + stabilizer + network card = $ 4500

1 Venus_ICO_Token token is equivalent to 1 USD. Therefore, to acquire 5 miners of a business class, you need 1200 * 5 = 6000 tokens.
Now PreICO. Tokens have a 50% discount. Therefore you need to invest 6000 tokens / 2 = $ 3000.

If you have a solid product that is just waiting to be manufactured, Why do you insist people buy it with your ICO tokens? Why not take bitcoin or fiat? This does have all the signs and flags of a possible scam, you have to convince the community and earn their trust first. Something like this could have gotten money from a crowdfunding easily, if true...

[flamehowk]

Heh, funny, comparing a fake miner to miners that never existed.
GMO never made any miners ... and never will.

Is this a massive illusion?
https://gmominer.z.com/en/

If you have a solid product that is just waiting to be manufactured, Why do you insist people buy it with your ICO tokens? Why not take bitcoin or fiat? This does have all the signs and flags of a possible scam, you have to convince the community and earn their trust first. Something like this could have gotten money from a crowdfunding easily, if true...

ICO is one form of crowdfunding.

A token is only a form of fixing our obligations to a specific customer. A convenient form, because we do not need to worry about keeping records about how much money has been invested in our project. The blockchain takes care of this.

Suppose you invest in our project, but we will not give you an electronic token. We will make you a paper document in which we will write down your contribution and issue this document to you. In a year you will be able to show us this paper and prove that you are a contributor to our project. Then we will take our receipt that we have received money from you and will give you a miner instead.
It will be a PAPER TOKEN! But how is it better than electronic? Paper needs to be filled for each investor individually. The paper needs to be sent thousands of kilometers by mail. Paper must be protected from forgery.

I am very saddened by the fact that even people who understand cryptocurrency can not understand the function of tokens. Although it can understand even a child.

[philipma1957]

The people don't want to crowd fund you
The people don't want to preorder from you
The people don't want a token from you.

As i said go to a real builder like avalon/canaan  pitch your idea to them.

If it is a good idea make a deal with them and come back with real gear that works as well as you said.

No one wants to send you $$$ in any form and wait 6 to 9 months for gear. That is assuming you are truly honest people and get the gear to work correctly.

So just close the posts and leave us be.

BTW  I say this very simply because we are tired of this kind of pitch on the board.

And I will further say if you develop the gear with investors money and have it ready in 6-9 months and it is godlike gear 3 to 4 x better then another gear  you simply won;'t ship it quickly premine for 3-4 months then ship it.

[kano]

Heh, funny, comparing a fake miner to miners that never existed.
GMO never made any miners ... and never will.

Is this a massive illusion?
https://gmominer.z.com/en/

Lulz - yep it is
It was a pre-sale that never happened ...

https://news.bitcoin.com/japans-gmo-manufacturing-selling-mining-machines/

GMO first announced the development of its 7nm bitcoin mining equipment in September last year. Miner B2, the first line of its mining equipment, went on sale in June for $1,999. Another line, Miner B3, went on sale in July for the same price. The first batch of B2s was supposed to be shipped at the end of October and B3s in November. However, to date, no mining machines of either type have been shipped.

[flamehowk]

The people don't want to crowd fund you
The people don't want to preorder from you
The people don't want a token from you.

Do not decide for everyone, you are not God.

So just close the posts and leave us be.

Have you bought a bitcointalk? Or are you just a local gangster who is looking for those who have not paid him yet to be in the territory he controls?

Then do not forget that we are Russian. All our life we are faced with gangsters like you. Your empty ringing is not a reason to stop the activity that we have been conducting for 2 years.
So be so kind as to stop spitting at us with your poison. Your envy will not help you become a worthy person.

Lulz - yep it is
It was a pre-sale that never happened ...
https://news.bitcoin.com/japans-gmo-manufacturing-selling-mining-machines/

In this article it is written in black and white that miners exist and the company has extracted a lot of bitcoins on them. If you personally could not buy them, it does not mean that they do not exist.

[kano]

...

Lulz - yep it is
It was a pre-sale that never happened ...
https://news.bitcoin.com/japans-gmo-manufacturing-selling-mining-machines/

In this article it is written in black and white that miners exist and the company has extracted a lot of bitcoins on them. If you personally could not buy them, it does not mean that they do not exist.

Heh - only a scammer would make such a claim ...

Since no one ever saw them means they don't exist.
Anyone can claim they made miners, as people REGULARLY do that are just trying to scam people, but unless they can actually deliver a miner to anyone, the claim means nothing.

In addition, GMO noted that it has purchased mining machines and paid the costs required to manufacture its 7nm machines.

I don't see anything clearly saying they made ANY miners ...

Or to be more specific
https://news.bitcoin.com/gmo-postpones-shipments-7nm-bitcoin-mining-equipment/

[HagssFIN]

Lol,
I've had enough of these fishy shits.

Just go away please.

[flamehowk]

Lol,
I've had enough of these fishy shits.

Just go away please.

Son, you're still too young to tell me what to do. I did real things back in the days when you walked under the table.

[...]

At least there are photos of real samples. Perhaps these miners never went on sale, I do not know. You forget that I, unlike you, do not spend all the time on the forums. For the last 2 years I have been developing our project, improving and optimizing it. During this time, 3 different architectures were developed. Of these, the best was chosen. Then I optimized it to the maximum improvement. I was consumed with development and self-education. I had no time to see whether GMO sold their miners or not. If you were a smart person, you would understand that. But you continue to act like a troll and call me a scamer, although I didn’t do anything that I should be ashamed of.

In fact, I have been working in the manufacturing industry since 1994. All my life I have done only real things for people. In addition, I was involved in designing CNC machines and I have several successful inventions. I understand the complexity of the task that I set for myself. I also understand that our project is difficult to understand for people who do not understand anything in the field of microelectronics. But your ignorance is not the reason to declare me a scamer. All we want to achieve is to find those people who understand this issue enough to adequately evaluate our development. And it's all. It is obvious that you are not such a person. But if you cannot give a sober assessment, why are you making charges against us that you cannot substantiate in court?

Therefore, I ask you - stop your trolling. Do not litter the topic offtop. Give the opportunity to see our project to those who are really able to evaluate it as a professional. We have not committed any crime. We are trying to bring new technologies to the mining industry. And we just want to bring our idea to the professionals. Nothing else. There is nothing wrong. Therefore, have dignity. If you can not create anything yourself, do not interfere with others.

[NotFuzzyWarm]

Requested mods move this to where it belongs -- Project Development to join the myriad of other 'revolutionary' idea fundraising ploys there.

Oh, you have read about GMO's failure/reorganization right? https://ir.gmo.jp/en/pdf/irlibrary/gmo_disclose_info20181225_e.pdf Page-2 last paragraph sums up their attempt at making a miner rather nicely. GMO is really the worst example for you to use...

[clgrissom3]

At least there are photos of real samples. Perhaps these miners never went on sale, I do not know. You forget that I, unlike you, do not spend all the time on the forums. For the last 2 years I have been developing our project, improving and optimizing it. During this time, 3 different architectures were developed. Of these, the best was chosen. Then I optimized it to the maximum improvement. I was consumed with development and self-education. I had no time to see whether GMO sold their miners or not. If you were a smart person, you would understand that. But you continue to act like a troll and call me a scamer, although I didn’t do anything that I should be ashamed of.

In fact, I have been working in the manufacturing industry since 1994. All my life I have done only real things for people. In addition, I was involved in designing CNC machines and I have several successful inventions. I understand the complexity of the task that I set for myself. I also understand that our project is difficult to understand for people who do not understand anything in the field of microelectronics. But your ignorance is not the reason to declare me a scamer. All we want to achieve is to find those people who understand this issue enough to adequately evaluate our development. And it's all. It is obvious that you are not such a person. But if you cannot give a sober assessment, why are you making charges against us that you cannot substantiate in court?

Therefore, I ask you - stop your trolling. Do not litter the topic offtop. Give the opportunity to see our project to those who are really able to evaluate it as a professional. We have not committed any crime. We are trying to bring new technologies to the mining industry. And we just want to bring our idea to the professionals. Nothing else. There is nothing wrong. Therefore, have dignity. If you can not create anything yourself, do not interfere with others.

What you need are investors, not miners to buy the machines that may or may not be ready in 2 years.  Miners are too smart for this kind of scam.  My guess is you have already tried to get to get investors and they laughed at your proposal.  Good luck with your development!

Oh yea, in two years time, mining hardware development will have advanced to the point that your machines will be just average anyway.
Something to think about...

[kano]

...
At least there are photos of real samples
...

Pictures of what the miners might look like are not pictures of real miners.

You clearly did not understand my quote:

In addition, GMO noted that it has purchased mining machines and paid the costs required to manufacture its 7nm machines.

What this means is:
1) They bought miners from somewhere else
2) They developed (and paid for) a 7nm design for a chip
3) They then passed that on to MP18 Llc

Seriously, please stop making up crap about GMO that you clearly HAVE NO IDEA what you are talking about.
Go read up about them and understand what they did, not look at a fake picture of a miner and pretend that means they built miners.
They have not said anywhere that they ever built an actual miner.

P.S. you have even said you don't know what you are talking about, so just stop making shit up to make yourself sound better, since it just makes you look even more stupid.

[flamehowk]

Seriously, please stop making up crap about GMO that you clearly HAVE NO IDEA what you are talking about.
Go read up about them and understand what they did, not look at a fake picture of a miner and pretend that means they built miners.
They have not said anywhere that they ever built an actual miner.

P.S. you have even said you don't know what you are talking about, so just stop making shit up to make yourself sound better, since it just makes you look even more stupid.

This all means that:
1) GMO has developed a design of chip for the 7 nm process technology.
2) Ordered the manufacture of these chips in the factories Samsung or TSMC.
3) Ordered from a third-party manufacturer the manufacture of motherboards, based on chips that they received from Samsung or TSMC.
4) Ordered from a third-party manufacturer the manufacture of miners, based on the motherboards that they received before.
5) Paid all third-party producers money for the work performed.

This production technology is called fabless. This is when the company is engaged only in development, and production is outsourced to other companies that have the necessary factories.

Since you only see “shit” around you, maybe this is because there is nothing inside of you but him. Please - leave our topic.

[sidehack]

You probably haven't been around long enough to notice, but Kano, NotFuzzyWarm, HaggsFin and Philipma1957 are among the most helpful, knowledgeable and trustworthy people in this forum and collectively represent a substantial knowledge of mining - software, hardware and mine operations.

Might be worth paying attention to what they say.

I am a small-scale mining manufacturer myself; I don't design chips, but I do everything beyond that: circuit and board design, firmware programming, PCB population and testing, even metalwork for heatsinks and housings and I have a driver programmer on retainer. And they are the guys I ask for advice and opinions.

It doesn't matter whether we believe you spent two years working on an ASIC design or not. What they're all saying is, nobody here will buy into the promise of a miner so far in the future, especially one without working samples or even a known working chip. They say your offering looks like a scam because it does, because similar claims with similar bodies of evidence have been presented here a hundred times before and almost to a one they were all lies. You might be the exception, but there is no way (at this time) to prove it definitively enough for miners to buy in. Even if there was, miners tend to be a short-term-gains lot (as in bitcoin mining, the variables are so many and so unpredictable that the landscape six months from now is impossible to rely on) and won't bank on the kind of hardware available in a few months let alone the end of next year.

If your project is real and comes to fruition, that'll be very exciting. But you're asking for trust from skeptics, whose skepticism is built on the reality of having watched scams come and go on a near-weekly basis for most of the last decade. Talking to a miner manufacturer or someone else with the technical competence to verify your work thus far, the capital to continue it, and both the willingness and ability to absorb the loss should it fail will do you better.

And feel free to come back and rub our noses in it when you do have demonstration hardware. We'll all be excited to see the thing work. We love hardware, and everyone enjoys a good underdog success story, so keep us posted on your progress. But please don't underestimate us, the well-established members of a technical community, and please don't be offended by our initial low estimation of you, who comes in with no reputation or credentials to make some pretty tall claims. Trust must be earned, especially from people who have been burned before.

[philipma1957]

Back in 2013 this forum sent thousands of dollars to a bunch of Russian asic builders.

They built good machines that worked well. But when they were supposed to ship them to us they said mother Russia won’t let us ship them. So here is a btc refund.

So they got to build about 10% of the btc network on our money and keep the gear.

It is not as if they said we will give you extra for the loan you gave us.

So why on earth would anyone want to send 3 or 4 thousand to a random name on the internet.

That can do the same thing that was done by Russian builders back in 2013.

[HagssFIN]

@op  Your argument was a funny one.

Since when has person's age automatically been equivalent with wisdom?

Am I suppose to be quiet because I'm younger than you? 

[turtletime]

Back in 2013 this forum sent thousands of dollars to a bunch of Russian asic builders.

They built good machines that worked well. But when they were supposed to ship them to us they said mother Russia won’t let us ship them. So here is a btc refund.

So they got to build about 10% of the btc network on our money and keep the gear.

It is not as if they said we will give you extra for the loan you gave us.

So why on earth would anyone want to send 3 or 4 thousand to a random name on the internet.

That can do the same thing that was done by Russian builders back in 2013.

Centralized scam EOS collected billions of dollars.  I wouldn't be surprised in the slightest if this guy could collect a few million easily.

[clgrissom3]

Centralized scam EOS collected billions of dollars.  I wouldn't be surprised in the slightest if this guy could collect a few million easily.

He certainly has some stones, gotta give him that.

[flamehowk]

You probably haven't been around long enough to notice, but Kano, NotFuzzyWarm, HaggsFin and Philipma1957 are among the most helpful, knowledgeable and trustworthy people in this forum and collectively represent a substantial knowledge of mining - software, hardware and mine operations.

Might be worth paying attention to what they say.

I am a small-scale mining manufacturer myself; I don't design chips, but I do everything beyond that: circuit and board design, firmware programming, PCB population and testing, even metalwork for heatsinks and housings and I have a driver programmer on retainer. And they are the guys I ask for advice and opinions.

It doesn't matter whether we believe you spent two years working on an ASIC design or not. What they're all saying is, nobody here will buy into the promise of a miner so far in the future, especially one without working samples or even a known working chip. They say your offering looks like a scam because it does, because similar claims with similar bodies of evidence have been presented here a hundred times before and almost to a one they were all lies. You might be the exception, but there is no way (at this time) to prove it definitively enough for miners to buy in. Even if there was, miners tend to be a short-term-gains lot (as in bitcoin mining, the variables are so many and so unpredictable that the landscape six months from now is impossible to rely on) and won't bank on the kind of hardware available in a few months let alone the end of next year.

If your project is real and comes to fruition, that'll be very exciting. But you're asking for trust from skeptics, whose skepticism is built on the reality of having watched scams come and go on a near-weekly basis for most of the last decade. Talking to a miner manufacturer or someone else with the technical competence to verify your work thus far, the capital to continue it, and both the willingness and ability to absorb the loss should it fail will do you better.

And feel free to come back and rub our noses in it when you do have demonstration hardware. We'll all be excited to see the thing work. We love hardware, and everyone enjoys a good underdog success story, so keep us posted on your progress. But please don't underestimate us, the well-established members of a technical community, and please don't be offended by our initial low estimation of you, who comes in with no reputation or credentials to make some pretty tall claims. Trust must be earned, especially from people who have been burned before.

Thank you for your polite comment. I am sorry for your losses from scammers, but to be honest, it is surprising to me that such smart people are not able to discern fraud right away. We have been following cryptocurrency for many years. One glance is enough for us to understand that such projects as BitConnect, Envion and many others are frauds. We could see it immediately when they started. And it was very surprising to us that many cryptocurrency experts promoted these projects and invested their money in them. But unfortunately, people never listen to warnings. Especially those who think they are great experts. Therefore, we could only observe all this.

As for our project, in this case, everything is simple. ANY expert in the field of microelectronics can simply take our code and test it in the appropriate programs. This testing will immediately show the real performance.

If you say that real grand-masters of mining are involved in trolling in this thread, then why have NONE ONE of them tested our code yet? After all, we gave it open. We offered to check it out. But no one did anything. All the genius of the great engineers of Bitcointalk in this thread is on the level of "fishy shits". This suggests that they are not good enough specialists, and also that they have a bad temper and poorly educated.

Thus, I no longer want to explain and prove anything to anyone. Anyone who does not like our topic, please leave this topic. Anyone who wants to stay should CHECK the CODE we posted. Only after that I am ready to consider the objective criticism that will be brought to the level of my work. Criticism should contain specific references to the mistakes made. Any other NOT OBJECTIVE ratings will be ignored.

If the great masters of this forum are filled with envy and filth, then you can successfully exchange this filth here with each other.

In conclusion, let me ancient wisdom:
"There are two types of creatures - those that are like bees, and those that are like flies. Bees collect nectar, bring it to the hive and make it honey. Flies chew on other people's feces and carry them around the world."

Back in 2013 this forum sent thousands of dollars to a bunch of Russian asic builders.

They built good machines that worked well. But when they were supposed to ship them to us they said mother Russia won’t let us ship them. So here is a btc refund.

So they got to build about 10% of the btc network on our money and keep the gear.

It is not as if they said we will give you extra for the loan you gave us.

So why on earth would anyone want to send 3 or 4 thousand to a random name on the internet.

That can do the same thing that was done by Russian builders back in 2013.

I know only one Russian project of miners. This is a Bitfury. If they tricked you and stole your money - why didn't you sue them? Why no one knows about this? I hear about such statements for the first time.

Centralized scam EOS collected billions of dollars.  I wouldn't be surprised in the slightest if this guy could collect a few million easily.

For 2 years of the project we used all our money and some investors money. In total, we have collected $ 4800 from other investors. And that's all. So what kind of millions are you talking about? Do you not see that we are condemned here only for the fact that we have offered the industry a way out. We have proposed a technology that even in the current situation, when bitcoin is very cheap, and the network is very powerful, can give a good profit. And here we are declared scammers, not even having studied our development. What millions are we talking about?

[sidehack]

Calm down, take a step back, and stop trying to sell yourself to folks who don't want to buy. You've put up all the relevant info and if someone finds it and wants in, he'll follow up. Continuing to argue with everyone about how right you are is more effective at pushing people away.