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Author Topic: The official information resource for BitFury Group  (Read 32359 times)
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BitFury Group
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December 17, 2014, 11:43:30 AM
 #1

Hi All,
We are glad to announce an official thread of BitFury Group. Here we will publish all important information about our Company.

BitFury Group has chosen Bit-X – a new online platform for cryptocurrency exchange, to serve for the time being as a platform for trading BitFury's hash power.
 
MORE DETAILS:
Q: How much does it cost?
A: The market defines the price.
 
Q: How much do you sell? Any specific requirements to qualify to buy?
A: Currently, 1PH has been allocated to Bit-X, no specific requirements.
 
Q: Is that the only place where BitFury sells its hashpower?
A: At this time, this is the only public trading place for BitFury's hashpower.
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raskul
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December 17, 2014, 11:44:21 AM
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hello welcome to the forum

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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December 17, 2014, 11:46:56 AM
 #3

Will you be selling hardware or are you only providing a hashpower service?

Primary developer/maintainer for cgminer and ckpool/ckproxy.
ZERO FEE Pooled mining at ckpool.org 1% Fee Solo mining at solo.ckpool.org
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December 17, 2014, 12:10:10 PM
 #4

Can we have some verification from a non 0 post account that this is indeed an official Bitfury project please? Nothing on the Bit-X or Bitfury sites state anything about this. And seems a bit weird seeing as Bitfury has PR representation.

I've messaged Punin and a press contact to confirm its an official account, might be some time due to time zones.

Edit: Confirmed, this is a Bitfury account.

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December 17, 2014, 01:39:00 PM
 #5

Bla, bla, bla... and no link...

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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December 17, 2014, 02:14:09 PM
 #6

Self moderated thread. Never a good sign......

Have you been a victim of dogie insults, neg-rep'd for no reason or been falsely accused by him? If so, air your experiences here:  https://bitcointalk.org/index.php?topic=905210.0
Avoid manipulative Exchanges - Localbitcoins.com
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December 17, 2014, 05:19:46 PM
 #7

Hi guys,

This is indeed BitFury Groups official new account and the OP message is correct.

@ckolivas no hardware for sale at this time.

@Dogie thanks for pointing this thread out to me!

Head of Product Development
Bitfury Group
www.bitfury.com
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December 17, 2014, 05:52:07 PM
 #8

Self moderated thread. Never a good sign......

I wouldn't worry about that. Bitfury has good history. The key will be pricing.

Buy & Hold
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December 17, 2014, 08:34:19 PM
 #9

@ckolivas no hardware for sale at this time.
Thanks, then this is in the wrong place. Rectifying.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
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December 17, 2014, 10:48:58 PM
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I say hi

ChipMixer.com.|.Mixing reinvented for your privacy.|.ChipMixerwzxtzbw.onion
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December 17, 2014, 11:14:21 PM
 #11

Hi All,
We are glad to announce an official thread of BitFury Group. Here we will publish all important information about our Company.

BitFury Group has chosen Bit-X – a new online platform for cryptocurrency exchange, to serve for the time being as a platform for trading BitFury's hash power.
 
MORE DETAILS:
Q: How much does it cost?
A: The market defines the price.
 
Q: How much do you sell? Any specific requirements to qualify to buy?
A: Currently, 1PH has been allocated to Bit-X, no specific requirements.
 
Q: Is that the only place where BitFury sells its hashpower?
A: At this time, this is the only public trading place for BitFury's hashpower.

Please link this thread from your official website for authenticity.

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December 18, 2014, 03:03:47 AM
 #12

Self moderated thread. Never a good sign......

I wouldn't worry about that. Bitfury has good history. The key will be pricing.
Whos going to have the cheaper price, AMhash or bitx......we shall see

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monbux
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December 18, 2014, 03:07:56 AM
 #13

Self moderated thread. Never a good sign......

I wouldn't worry about that. Bitfury has good history. The key will be pricing.
Whos going to have the cheaper price, AMhash or bitx......we shall see

Yes we shall, I'm still cheering for AMhash but I will invest some of my bits here now, just waiting for the market hype to drop, heheh.

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December 18, 2014, 03:27:34 AM
 #14

Hi guys,

This is indeed BitFury Groups official new account and the OP message is correct.

@ckolivas no hardware for sale at this time.

@Dogie thanks for pointing this thread out to me!

and thanks again to dogie for putting up SP-Tech, in his mTwthThread this is going to be neck and neck Wink

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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December 18, 2014, 04:52:17 AM
 #15

So...this is a new cloudmining service? Huh

Life sucks.
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December 18, 2014, 10:14:19 PM
 #16

Q: How much do you sell? Any specific requirements to qualify to buy?
A: Currently, 1PH has been allocated to Bit-X, no specific requirements.

I must be missing something obvious on the website as I can't find anything close to that amount.

The BTC/GHS55 market has 1.1TH total
The USD/GHS55 has $600 total

This presumes I'm looking at the correct site, as you've not provided a link !!!!!!!!!!!!

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December 19, 2014, 04:19:04 AM
 #17

Q: How much do you sell? Any specific requirements to qualify to buy?
A: Currently, 1PH has been allocated to Bit-X, no specific requirements.

I must be missing something obvious on the website as I can't find anything close to that amount.

The BTC/GHS55 market has 1.1TH total
The USD/GHS55 has $600 total

This presumes I'm looking at the correct site, as you've not provided a link !!!!!!!!!!!!

Might be for private deals?
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December 20, 2014, 03:11:09 PM
 #18

Hi All,
We are glad to announce an official thread of BitFury Group. Here we will publish all important information about our Company.

BitFury Group has chosen Bit-X – a new online platform for cryptocurrency exchange, to serve for the time being as a platform for trading BitFury's hash power.
 
MORE DETAILS:
Q: How much does it cost?
A: The market defines the price.
 
Q: How much do you sell? Any specific requirements to qualify to buy?
A: Currently, 1PH has been allocated to Bit-X, no specific requirements.
 
Q: Is that the only place where BitFury sells its hashpower?
A: At this time, this is the only public trading place for BitFury's hashpower.

you’re currently working on 16nm design and power chip with GlobalUnichip. does TSMC and GlobalUnichip knows that you’ve obtained 20nm PDK illegally in the beginning of 2014?

"Newbie" you do sound like one of the sour competitors that have lost out in the mining game.
Oh well, taking cheap shots is all you have left after over-promising to the customers on pre-orders and then fleecing them.
Rest assured,  BitFury is doing everything legally checking with the best legal counsel available in advance
Better ask yourself how many clients you defrauded ? Oh well, good luck with those legal cases


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December 20, 2014, 03:37:19 PM
 #19

Whos going to have the cheaper price, AMhash or bitx......we shall see

AMHash is significantly cheaper. Given an exchange price of 328 USD/BTC:

AMhash
Initial cost: 0.0012 BTC
Maintenance fee: 0.001551 USD per Gh per day

Bit-x:
Initial cost: 0.00147253 BTC
Maintenance fee: 0.0035096 USD per Gh per day

So, Bit-x is more expensive up-front and their maintenance fee is more than double AMHash's.

From the Bit-x mining calculator:



AMHash is paying out nearly 4x as much as Bit-x. I can't believe that this is all BitFury have got to offer so I'm thinking they're just getting the platform working for their upcoming next gen miners. I'm sure I read somewhere that they were expecting samples at the end of December for their new chips.
BitFury Group
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December 21, 2014, 02:37:25 AM
 #20

Dear Name: BitFurry
Posts: 1
Activity: 1
Position: Newbie
Date Registered: December 19, 2014, 08:45:11 PM
Last Active: December 19, 2014, 09:29:43 PM

It is impossible to manufacture a product without having all technical information on hands and a solid contract with the plant/factory. You can’t just come out of nowhere with a ready maskset and tell the plant to manufacture it. It’s foolish to base your design and production on unofficial PDK hoping that it will succeed or even get produced at all. NDA’s need to be signed, money must be paid up front, months of work and testing needs to be done before going into mass production.

We don’t play Russian roulette. Our strategy is hard work and precise and efficient execution.

We are meticulous about everything we do. We invest time and money in research, development and implementation of our products and create unmatched products and customer experience. After all, we have a hard-earned reputation of the market leader for a reason.

These forums have unfortunately become a playground for bashing competition with sock-puppet and troll accounts. BitFury being the leader is an easy target. We will reply to such behavior just this once: We are not at war with anyone and we’re not looking for conflict.

Instead, we build mutually beneficial partnerships. We aim to create a win-win. We are passionate about Bitcoin and are committed to developing and growing the Bitcoin ecosystem. We have the great vision, the well-thought plan, the winning strategy and an amazing team.

We choose not to play dirty games. Our focus is to secure bitcoin network – not blackmailing our competitors, or manipulating markets or exchanges. We chose a different path and it seems to be working. This quote seems very fitting: "First they ignore you, then they laugh at you, then they fight you, then you win." - Mohandas Gandhi

If you have something to say-say it. Openly. Our lawyers, engineers, strategists and technologists will respond in kind.

We keep true to our mission and are open and transparent. We invite you to do the same.

BitFury
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