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Topic: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs - page 3. (Read 35737 times)

newbie
Activity: 15
Merit: 0
They are logging my ip to prevent against fraud. But the ip they display is not mine.  Huh
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
What do they exactly do? Regulate hashing speed according the ambient temperature, can one schedule power consumption during day/night cycles? (I pay more from 9h - 22h, than night and weekends)
newbie
Activity: 7
Merit: 0
HAHA!  Cheesy

Just point out when and where did we say that we have trademarked our ElectrictyCutter Technology / Power Chill Cooling Technology

This clause is not considered. (With everyone laughing at KotakLabs Team reading this!)

legendary
Activity: 1274
Merit: 1004
full member
Activity: 191
Merit: 110
SCAM
DON'T BE A FOOL.
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?

You are looking at the trademarks on in USA.
Just to give some credit. He might have filed for trademark in India. There is no basis to claim that it is SCAM based on Trademarks only.!
sr. member
Activity: 252
Merit: 250
come on guys these fakes are so easy to spot nowadays...

Well it seems that's not the case for everyone. In the first page someone claims that he preordered one already  Tongue
sr. member
Activity: 322
Merit: 250
Supersonic
I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?

Well... they probably havent trademarked jack, but let me remind you that US does not have jurisdiction over the whole world.
member
Activity: 70
Merit: 10
I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician

ElectricityCutter is not trademarked.

Trademark Search
http://tess2.uspto.gov/bin/gate.exe?f=searchstr&state=4808:tm7lp7.1.1

They can't claim ElectricityCutter as trademarked name without filing for it first. Seems that they do not understand the procedures?
RHA
sr. member
Activity: 392
Merit: 250
From "Kotak Labs" page:
Quote
-Type of connectivity?
The type of connectivity is USB. (...)

-Stand alone unit?
Yes, (...).
Grin
sr. member
Activity: 322
Merit: 250
Supersonic
I mean who falls for techymarketey/salsey bullshit words like:

ElectricityCutter™
Power Chill Cooling Technology™
KL-PARISHRAM™

FTFY.

-A technician
sr. member
Activity: 812
Merit: 250
by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.

You don't seriously believe that we will be somewhere near 609m difficulty in 4 months, do you?
What is your expectation, that it's lower? Just watch the new asic machine and then the exponential trend. I guess in march next year something around 600m is not that much fiction...but, of course, nobody can look clear in the future.

I don't think you understand how difficulty works - it's based on the total mining pool. Every time someone turns on a miner, the next difficulty will go up. Think about all the other companies releasing miners between 30GH to 1000GH in the next 2 months. It's going to be above 2B difficulty by March and I'm being optimistic.

Please don't make statements on difficulty and hashrate if you don't understand the mechanics, it just confuses the new people.
Oh, you are a fortune-teller that you know the real total exponential amount in 4 month? I calculate with the current increase mister smartass. And i understand how the difficulty works, everybody with experience who read MY post will see, except you.

So lets see, how much you expect for march? Your 2B are much lesser then my 5.9B, isn't? Actually, if you able to read my post clear, i wrote exactly the same sentence of your repeat...

I wasn't talking to you, I don't even know how you got caught up in this - I was responding to the "it will be around 600m claim". 2B vs 6B is a reasonable debate. Thinking its 600m is bananas.
You quote my post, so you not mean me? You are funny, indeed! Cheesy

Btw., how you can think someone talk about 600m? Actually Difficult: Bitcoin Difficulty:    609,482,679 ...so of course nobody expect in 4 month the same dificulty, thats why i make a calculation above!

And he calculate with my input of guessed 5,941,344,136 difficulty mate...just read. Not so difficult. Wink
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Hello Friend,
All the technical specs, our datasheet, a fully working prototype youtube video, our partners, etc everything will be rolled out on our blog soon.
Meanwhile, you can also sign up for our newsletter for real time updates : https://kotaklabs.com/newsletter/

 Hello... friend.

 Could you please provide some technical specs, data sheets, and an explanation for your current pricing shenanigans ?
legendary
Activity: 1274
Merit: 1004
And there is no ACH facility offered by Indian Bank accounts. So the money transfer is just one way. From Paypal --> merchant's bank account

What do you mean by that. What is an ACH facility?
Anyway great post and way more useful than talking about power consumption and ROI of vaporware  Roll Eyes

ACH facility means. If a merchant has USA paypal account and link their bank account with Paypal / provide them authorization.
That means, in the event that a user files a dispute or requests refund, then paypal can withdraw money from the bank account.
ACH facility is a two way fund transfer.

Something on those lines. But with Indian bank accounts, that is not possible.

P.S : Someone correct me if am wrong.

That's correct.
Once money is withdrawn Paypal can't do any shit.

Oh btw he changed prices, looks like he wants to scam as much as possible before his paypal account gets locked.
hero member
Activity: 490
Merit: 500
Quote
We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline.

Yes we have received your payment and you are already in PRE ORDER LIST of our KL-YUG series miners. If everything works well we are going to deliver your ordered rig by March '14 as promised.


BEWARE: Paypal neither cover deliveries over 45 days old or pre-orders!
hero member
Activity: 833
Merit: 1001
come on guys these fakes are so easy to spot nowadays...
full member
Activity: 168
Merit: 100
by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.

You don't seriously believe that we will be somewhere near 609m difficulty in 4 months, do you?
What is your expectation, that it's lower? Just watch the new asic machine and then the exponential trend. I guess in march next year something around 600m is not that much fiction...but, of course, nobody can look clear in the future.

I don't think you understand how difficulty works - it's based on the total mining pool. Every time someone turns on a miner, the next difficulty will go up. Think about all the other companies releasing miners between 30GH to 1000GH in the next 2 months. It's going to be above 2B difficulty by March and I'm being optimistic.

Please don't make statements on difficulty and hashrate if you don't understand the mechanics, it just confuses the new people.
Oh, you are a fortune-teller that you know the real total exponential amount in 4 month? I calculate with the current increase mister smartass. And i understand how the difficulty works, everybody with experience who read MY post will see, except you.

So lets see, how much you expect for march? Your 2B are much lesser then my 5.9B, isn't? Actually, if you able to read my post clear, i wrote exactly the same sentence of your repeat...

I wasn't talking to you, I don't even know how you got caught up in this - I was responding to the "it will be around 600m claim". 2B vs 6B is a reasonable debate. Thinking its 600m is bananas.
legendary
Activity: 1848
Merit: 1001
fake
hero member
Activity: 924
Merit: 1000
ACH facility means. If a merchant has USA paypal account and link their bank account with Paypal / provide them authorization.
That means, in the event that a user files a dispute or requests refund, then paypal can withdraw money from the bank account.
ACH facility is a two way fund transfer.

Something on those lines. But with Indian bank accounts, that is not possible.

P.S : Someone correct me if am wrong.


In addition:

This is a Pre-Order Product which is not yet shipping. If you’re uncomfortable waiting until the development is complete and the product is shipped, do NOT pre-order this product. Perhaps undesirable, but this is a pre-order market.

This looks AWFULLY familiar.  Where have I seen this?  Oh yeah... on the website of another scammer, BFL:  https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html

Quote from: BFL
This is a Pre-Order product which is not yet shipping.  If you're uncomfortable waiting until the development is complete and the product is shipped, do NOT pre-order this product. Perhaps undesirable, but this is a pre-order market.

In short, I'm calling scam.

Interesting they would copy from BFL... very interesting.
sr. member
Activity: 308
Merit: 251
The realist
http://goo.gl/wQui0t

Also what's the chance of this Indian TV/electronics seller / Redditor (or so it seems from his posts over the last few months) having the same number as your company?
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