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Topic: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power (Read 3223 times)

solex
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 06:23:27 AM
#21
Quote from: Akka on May 24, 2013, 06:18:13 AM
Quote from: solex on May 24, 2013, 06:15:26 AM
Quote from: Akka on May 24, 2013, 06:13:29 AM
Quote from: solex on May 24, 2013, 04:35:49 AM
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.


Link still works for me.

Try shift+F5

Still works.

Edit: VPN with USA IP and it's gone.  Tongue odd.

Yeah, I get a 404, so maybe a mirror server in Europe with masked address

You've caught us with our pants down!
Well, this is embarrassing. We can't find the page you asked for. Bad link? Mistyped address? We're not sure.

Perhaps a search will get you on your way. If you think something's wrong, contact us.

Now if you'll just turn around for a moment we'll be putting our pants back on...
Akka
legendary
Activity: 1232
Merit: 1001
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 06:18:13 AM
#20
Quote from: solex on May 24, 2013, 06:15:26 AM
Quote from: Akka on May 24, 2013, 06:13:29 AM
Quote from: solex on May 24, 2013, 04:35:49 AM
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.


Link still works for me.

Try shift+F5

Still works.

Edit: VPN with USA IP and it's gone.  Tongue odd.
solex
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 06:15:26 AM
#19
Quote from: Akka on May 24, 2013, 06:13:29 AM
Quote from: solex on May 24, 2013, 04:35:49 AM
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.


Link still works for me.

Try shift+F5
Akka
legendary
Activity: 1232
Merit: 1001
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 06:13:29 AM
#18
Quote from: solex on May 24, 2013, 04:35:49 AM
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.


Link still works for me.
kjlimo
legendary
Activity: 2114
Merit: 1031
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 06:11:53 AM
#17
Quote from: kiko on May 24, 2013, 04:58:22 AM
Wait. Does this mean I won't get my $15k wire transfer back?


Lol, well this topic was a funny read...  time to update thread title to include an all caps SCAM?
kiko
sr. member
Activity: 453
Merit: 250
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 04:58:22 AM
#16
Wait. Does this mean I won't get my $15k wire transfer back?
no name
newbie
Activity: 43
Merit: 0
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 04:41:05 AM
#15
Quote from: solex on May 24, 2013, 04:35:49 AM
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.


Thanks!


https://cryoniks.com/#!/home/

solex
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 04:35:49 AM
#14
Quote from: no name on May 24, 2013, 04:32:33 AM

above link is broken!

fake news?

Not quite. In the last couple of hours Tech Crunch have pulled the article because the company is a scam operation. It was probably feedback from this forum which alerted them about it.
no name
newbie
Activity: 43
Merit: 0
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 24, 2013, 04:32:33 AM
#13

above link is broken!

fake news?
adamthefishman
member
Activity: 114
Merit: 10
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 09:12:02 PM
#12
I think a few of the inaccuracies are by the reporter and not the manufacturer.

Still funny though
solex
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 08:07:47 PM
#11
Quote from: BTC Books on May 23, 2013, 08:05:50 PM
Christ we've all turned into a bunch of cynics...  Roll Eyes

Bitcoin is turning into big money. Imagine all the scams when BTC = $1,000.
Every low-life on the planet will be scrambling to part the unwary from their coins.
BTC Books
member
Activity: 84
Merit: 10
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 08:05:50 PM
#10
Christ we've all turned into a bunch of cynics...  Roll Eyes
grue
legendary
Activity: 2058
Merit: 1452
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:51:03 PM
#9
Quote
liquid nitrogen generator
Quote
a strong PC with good graphics card can hit about 100 GH/S
I lol'd
BTC Books
member
Activity: 84
Merit: 10
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:43:18 PM
#8
Quote from: aigeezer on May 23, 2013, 07:39:07 PM
"we cut down power consumption to around 2800W per unit".

Hmmn.


Mmmph.  Yeah - you take a device of that form factor, with the internals distributed the way their cutaway views show... then you pump 2800W into it and try to maintain 77K.  Not gonna happen.
aigeezer
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:39:07 PM
#7
"we cut down power consumption to around 2800W per unit".

Hmmn.
BTC Books
member
Activity: 84
Merit: 10
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:37:18 PM
#6
From the TechCrunch article:

Quote
To put that in perspective a strong PC with good graphics card can hit about 100 GH/S and in my experience I haven’t been able to get any my machines to hit higher than 50 GH/S.

Yeah.  He said that.

From the Cryoniks website (which, BTW, has disabled right-click copy/paste):

Quote
We’ve taken ASIC processing to the next level with our patent pending ASIC+ Cryonic Architecture™ featuring select low-temperature superconducting materials.

I'm unaware of any materials which exhibit superconductivity at 77K, and which are also useful in constructing those parts of computers that contribute to any processing tasks.  Does anyone know of any?  So what is the purpose of superconductivity in this device?  Marketing?

This is not looking real...
gweedo
legendary
Activity: 1498
Merit: 1000
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:34:48 PM
#5
Also you can't pay for it in bitcoins only USD. LMAO


Quote
What are you going to pay for this ridiculous machine? Try a cool $15,000, which, sadly, you can’t pay for in BTC.
Gamelord
newbie
Activity: 15
Merit: 0
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:31:29 PM
#4
Very interesting LOL
cypherdoc
legendary
Activity: 1764
Merit: 1002
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:30:24 PM
#3
sure does stimulate the imagination though  Wink
solex
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Re: 2013-05-23 The Cryonic Bitcoin Mining Machine Is $15,000 Of Pure BTC Power
May 23, 2013, 07:09:04 PM
#2
Their FAQ is a riot:

e.g.

CAN I USE MY FROSTBIT™ CRYONIC UNIT TO MINE FOR LITECOIN, PROCESS VIDEO, OR ANYTHING ELSE?

Our team will continue to make it possible to upgrade your FrostBit™ 1000 Cryonic Bitmining unit to allow for additional unit capabilities. Register for updates to learn more about the FrostBit™ 3D upgrade.

 Huh

Looks like they have spent all their effort on a nice website before even learning about Bitcoin mining.  Classic vaporware offering...
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