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Author Topic: Leading SHA256 Solution Provider Acquires Venture Capital Funding  (Read 5551 times)
eldentyrell
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felonious vagrancy, personified


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June 16, 2012, 08:10:32 AM
 #1

I'm sorry, I know the silliness factor is already pretty high with the claimed 5600% improvement in efficiency:

  http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

So I couldn't resist:

  http://news.yahoo.com/leading-sha256-hardware-manufacturer-acquires-venture-capital-funding-081026668.html

Please forgive me Smiley

The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators.  So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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roomservice
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June 16, 2012, 08:15:34 AM
 #2

I'm sorry, I know the silliness factor is already pretty high with the claimed 5600% improvement in efficiency:

  http://www.prweb.com/releases/2012/6/prweb9611889.htm

So I couldn't resist:

  http://www.prweb.com/releases/2012/6/prweb9611938.htm

Please forgive me Smiley


LOL THE Butterfly Swatter XL WILL TOTALLY DESTROY THOSE BFL ASIC PRODUCTS.

CAN I PREORDER NOW AND PAY YOU ALL THE MONEY UPFRONT UNTIL YOU CAN MAYBE DELIVER SOMEWHERE IN 2018?

"Tonight's the night. And it's going to happen again, and again. It has to happen. Nice night."
eldentyrell
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June 16, 2012, 08:23:43 AM
 #3

CAN I PREORDER NOW AND PAY YOU ALL THE MONEY UPFRONT UNTIL YOU CAN MAYBE DELIVER SOMEWHERE IN 2018?

Hrm, I dunno…. there's a waiting list to get on our waiting list.

But if you buy my dilapidated, rusted-out old Kia from me for $20,000 I promise I'll let you trade it back in and give you full credit towards a Butterfly Swatter XL (*)

  - e

(*) if it materializes

The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators.  So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
Bitcoin Oz
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Wat


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June 16, 2012, 08:52:55 AM
 #4

Think I'll sit this one out and just slowly buy btc every week rather than giving them money for months Smiley

Dollar cost averaging ftw.

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June 16, 2012, 09:37:57 AM
 #5

I'm sorry, I know the silliness factor is already pretty high with the claimed 5600% improvement in efficiency:

Why is that silly? Its completely in line with academic papers and even a SHA256 research chip which promised ~40x efficiency improvement for SHA256 hashing from 65nm FPGA to 130nm ASIC.

Honestly, of all people, I am surprised you would not believe this.

bulanula
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June 16, 2012, 09:59:56 AM
 #6

How much does this announcement cost ?

Just wondering ...

I will announce my new mining bond with it Grin
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Mining hardware dev and reviewer.


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June 16, 2012, 11:31:48 AM
 #7

http://service.prweb.com/pricing/
Get Started $499 per press release  Wink

PREMIUM FEATURES PLUS:
Your news will appear on top business and financial sites including Yahoo! Finance, Bloomberg, the Wall Street Journal and more.
Publicly-traded companies can reach the investors, analysts and financial journalists important to their business.


Looking to review Bitcoin / Crypto mining Hardware.
bulanula
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June 16, 2012, 11:38:43 AM
 #8

http://service.prweb.com/pricing/
Get Started $499 per press release  Wink

PREMIUM FEATURES PLUS:
Your news will appear on top business and financial sites including Yahoo! Finance, Bloomberg, the Wall Street Journal and more.
Publicly-traded companies can reach the investors, analysts and financial journalists important to their business.



No way the OP paid THAT much.

He must be filthy rich to afford paying $500 for a prank like this. LOL.

Ball hard brother ! Trolling at its finest ... Cheesy
galambo
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June 16, 2012, 12:30:24 PM
 #9

I still have yet to see any conclusive proof that BFL products exist at all, anywhere.
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June 16, 2012, 02:06:25 PM
 #10

I still have yet to see any conclusive proof that BFL products exist at all, anywhere.

You can't be serious...

There are hundreds of BFL singles in the wild

I have 6 in my basement  Smiley

GPG PubKey | THREEMA | OTC | HeatWare | 1JWU42QLGFESoQCC4iPzUDTRiC9nx5bi95
bulanula
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June 16, 2012, 02:10:24 PM
 #11

I still have yet to see any conclusive proof that BFL products exist at all, anywhere.

You can't be serious...

There are hundreds of BFL singles in the wild

I have 6 in my basement  Smiley

They only exist in the simulated reality that is the Matrix.

Take the Blue pill you get BFL = government organisation ( invalid business license, delays with shipping products and announcements, out of the blue 10 year experience but sells only to BTC users )

Take the Red pill you get Bitcoin = freedom.

I sell tinfoil hats ! Grin
cbeast
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Let's talk governance, lipstick, and pigs.


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June 16, 2012, 02:31:34 PM
 #12

Isn't everyone that buys one a venture capitalist?

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
sadpandatech
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June 16, 2012, 02:55:17 PM
 #13

Isn't everyone that buys one a venture capitalist?

 Grin

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
Paladin69
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June 16, 2012, 03:09:59 PM
 #14

Is this a thread to prove that anyone can BS a PRweb?
bulanula
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June 16, 2012, 03:12:22 PM
 #15

Is this a thread to prove that anyone can BS a PRweb?

Yep. This elden tyrell guy got big game.

He spent $500 just for this. Could have used that to buy 3 Jalapeno coffee warmers for 10.5 GHash/s in the future presumably.

Guy must be mad BFL ASIC screwed over his bitstream licensing plans.

Don't jump off the bridge mate ! There is still hope Cheesy
MrTeal
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June 16, 2012, 03:32:42 PM
 #16

Is this a thread to prove that anyone can BS a PRweb?

Yep. This elden tyrell guy got big game.

He spent $500 just for this. Could have used that to buy 3 Jalapeno coffee warmers for 10.5 GHash/s in the future presumably.

Guy must be mad BFL ASIC screwed over his bitstream licensing plans.

Don't jump off the bridge mate ! There is still hope Cheesy
Why do you keep claiming he spent $500 on this?

Proof?
sadpandatech
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June 16, 2012, 03:36:27 PM
 #17

Is this a thread to prove that anyone can BS a PRweb?

Yep. This elden tyrell guy got big game.

He spent $500 just for this. Could have used that to buy 3 Jalapeno coffee warmers for 10.5 GHash/s in the future presumably.

Guy must be mad BFL ASIC screwed over his bitstream licensing plans.

Don't jump off the bridge mate ! There is still hope Cheesy
Why do you keep claiming he spent $500 on this?

Proof?

post #8

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
bulanula
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June 16, 2012, 03:36:40 PM
 #18

Is this a thread to prove that anyone can BS a PRweb?

Yep. This elden tyrell guy got big game.

He spent $500 just for this. Could have used that to buy 3 Jalapeno coffee warmers for 10.5 GHash/s in the future presumably.

Guy must be mad BFL ASIC screwed over his bitstream licensing plans.

Don't jump off the bridge mate ! There is still hope Cheesy
Why do you keep claiming he spent $500 on this?

Proof?

Sorry it looks like it actually is $89 which makes A LOT more sense.

http://service.prweb.com/pricing/

See some idiot above saying it took 499 LOL. Should have verified the info sorry !
galambo
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June 16, 2012, 03:41:35 PM
 #19

It's only 80$ for a PRWeb release. It says it on the page you linked to. This service, in my experience, is highly used by scam artists and penny stock promoters because it is cheap. It certainly does not brighten my impression of BFL. Why is a non-publicly traded company in a niche industry issuing press releases?

I can't begin to speculate on the next product BFL will develop, but what we do know is that it will be exchangable 1:1 with past pre-orders.
sadpandatech
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June 16, 2012, 03:48:01 PM
 #20

It's only 80$ for a PRWeb release. It says it on the page you linked to. This service, in my experience, is highly used by scam artists and penny stock promoters because it is cheap. It certainly does not brighten my impression of BFL. Why is a non-publicly traded company in a niche industry issuing press releases?

I can't begin to speculate on the next product BFL will develop, but what we do know is that it will be exchangable 1:1 with past pre-orders.

Hey, atleast they did not post it to a penis enlargement site this time. ;p

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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