b!z (OP)
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June 04, 2014, 04:15:54 PM |
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roslinpl
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June 04, 2014, 05:10:08 PM |
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They have a chance for sure. I hope they will succeed as "ultra low cost" ASICs sounds like something good for new miners, isn't? I believe if they are starting such campaign they have got some plan already and well ... failure is always an option. But I will be loorking on this campaign and I hope I will be able to buy Novello's ASICs in the future ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for sharing this news.
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kjlimo
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June 04, 2014, 06:28:51 PM |
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Haha, $4,009 of $4.2M raise so far... yep, this is gonna happen...
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Ron~Popeil
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June 05, 2014, 08:03:01 PM |
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That is a cause worth getting behind. Low cost asics can solve the "centralization of mining" problem really quickly.
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IYFTech
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June 06, 2014, 12:07:56 AM |
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Waiting for the magic disappearing act - ***puff*** - gone. Them & the money - never to be seen again.........
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Swordsoffreedom
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June 06, 2014, 02:24:08 AM Last edit: June 06, 2014, 03:45:48 AM by Swordsoffreedom |
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Perhaps they are targeting a different market on indiegogo than here that isn't as tired of preorder promises That said I don't think this one will succeed to much of an ask - Deliveries will start Dec 2014 I would ask to see the chip itself and the design that said it may be competitive with Asicminer Gen 4 That said I can get half the power now with 100 RX BOX 1200 units for 2 BTC no Pre-Order Possibly going to Par with the equivalency promise Or wait till December for the equivalent $30,000 (120TH/sec) http://shop.rockminer.com/goods.php?id=35
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Ron~Popeil
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June 06, 2014, 03:02:59 AM |
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Waiting for the magic disappearing act - ***puff*** - gone. Them & the money - never to be seen again......... That is the risk you take with these start ups. I hope it works out though. It could be a really good thing for the community.
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bryant.coleman
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June 07, 2014, 03:13:11 PM |
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So far they have raised some $5,997, out of the $4.2 million required. That is around 0.1% of the target. Still 25 days are remaining. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) What will happen if the target is not reached? Will the funds be sent back to the contributors?
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Mr Crabs
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June 07, 2014, 04:23:19 PM |
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Waiting for the magic disappearing act - ***puff*** - gone. Them & the money - never to be seen again......... That's what I was thinking but doubt they'll get anywhere near their goal anyway.
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LiteCoinGuy
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June 07, 2014, 05:55:37 PM |
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So far they have raised some $5,997, out of the $4.2 million required. That is around 0.1% of the target. Still 25 days are remaining. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) What will happen if the target is not reached? Will the funds be sent back to the contributors? yes of course https://www.indiegogo.com/projects/ultra-low-cost-bitcoin-mining-systems--2i dont think that their campaign will succeed.
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kjlimo
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June 07, 2014, 08:14:38 PM |
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Waiting for the magic disappearing act - ***puff*** - gone. Them & the money - never to be seen again......... That's what I was thinking but doubt they'll get anywhere near their goal anyway. All successful $4.2M ventures are crowdsourced, right?
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Ron~Popeil
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June 08, 2014, 03:50:17 AM |
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They should break that down into funding rounds. 4.2 million is a really lofty goal for one round.
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bryant.coleman
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June 08, 2014, 04:43:47 AM |
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They should break that down into funding rounds. 4.2 million is a really lofty goal for one round.
I don't know whether that will be a record, if they manage to achieve it. Recently the movie project on Gosnell had successfully raised funds worth some $2 million on Indiegogo.
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Ron~Popeil
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June 08, 2014, 05:27:07 AM |
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They should break that down into funding rounds. 4.2 million is a really lofty goal for one round.
I don't know whether that will be a record, if they manage to achieve it. Recently the movie project on Gosnell had successfully raised funds worth some $2 million on Indiegogo. That is impressive. I would love to see governments have to fund raise for projects like this.
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Swordsoffreedom
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June 08, 2014, 07:11:39 AM |
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I think that they set the bar way to high for what you can expect of an indiegogo campaign I will admit that the top bar is 10.5 Million + to my knowledge for the Ubuntu Edge didn't check the end value for it That said ASIC mining may be to new to the users over there to get behind. http://www.foxnews.com/tech/2013/08/16/105-million-crowdfunding-record-set-on-indiegogo-for-ubuntu-edge/
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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IYFTech
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June 08, 2014, 09:20:32 AM |
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Waiting for the magic disappearing act - ***puff*** - gone. Them & the money - never to be seen again......... Well, it's beginning to look like I wasn't far wrong - check their thread out - scam accusations galore: https://bitcointalk.org/index.php?topic=638729.160Popcorn time......
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bryant.coleman
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June 08, 2014, 11:12:14 AM |
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Hmm... this was more or less expected. And I am glad that they received funds only worth some 0.1% of the required amount. But still, who are those idiots, who contributed $6,000?
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kjlimo
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June 08, 2014, 11:35:19 AM |
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Hmm... this was more or less expected. And I am glad that they received funds only worth some 0.1% of the required amount. But still, who are those idiots, who contributed $6,000? Same people buying lottery tickets as an investment strategy?
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Ron~Popeil
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June 08, 2014, 03:52:41 PM |
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Hmm... this was more or less expected. And I am glad that they received funds only worth some 0.1% of the required amount. But still, who are those idiots, who contributed $6,000? Same people buying lottery tickets as an investment strategy? "A fool and his money are soon parted."
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bryant.coleman
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June 08, 2014, 05:43:53 PM |
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"A fool and his money are soon parted."
Hmmm... that is probably what happened. Another one to the long list of Bitcoin-based scams. But this time there is a difference. I think that most of the investors were hearing about ASICs / Bitcoin for the first time. (Experienced Bitcoiners will readily recognize it as a scam).
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