Author

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 175. (Read 479475 times)

full member
Activity: 210
Merit: 100

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise.  
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.


*Ahem*:

Quote from: eAsic

“'We are extremely excited to be working with one of the world leaders in storage technology,' said Ronnie Vasishta, President and CEO of eASIC. 'Seagate has an exceptional history in bringing world class technology and innovation to the storage market. Using our eASIC Nextreme-3 28nm single via configuration technology will help Seagate to bring storage innovation at a pace not yet seen in this industry,' added Vasishta."

(http://www.easic.com/easic-announces-strategic-investment-by-seagate/)


Yes?
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...

I mean, no need to be a dick about it. Typically if you're going to post some news about some story, it's considered good practice to include a link.

sorry was being cheeky... no dickery implied.
sr. member
Activity: 392
Merit: 250
I also heard that MinerASIC is launching 900TH by Christmas...
and a DonaldsMC restaurant. 
N_S
full member
Activity: 238
Merit: 100

I mean, no need to be a dick about it. Typically if someone is going to post some news about some story, it's considered good practice to include a link.
hero member
Activity: 532
Merit: 500
https://karatcoin.co

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise. 
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.


*Ahem*:

Quote from: eAsic

“'We are extremely excited to be working with one of the world leaders in storage technology,' said Ronnie Vasishta, President and CEO of eASIC. 'Seagate has an exceptional history in bringing world class technology and innovation to the storage market. Using our eASIC Nextreme-3 28nm single via configuration technology will help Seagate to bring storage innovation at a pace not yet seen in this industry,' added Vasishta."

(http://www.easic.com/easic-announces-strategic-investment-by-seagate/)
full member
Activity: 210
Merit: 100

Sorry, peed my pants laughing.  Sort-a unsporting of you.
BRB, pants.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Crikey - Alydian = $65k for 1TH...

Do you have a link or something?


hello?

COINLAB ANNOUNCES FIRST INCUBATOR COMPANY

EDIT
Crikey is right: INQUIRE

Quote
Alydian’s turnkey Bitcoin mining solutions can be deployed in our datacenter or customer datacenters.

Included:

- One year of hosting   
- All energy costs
- All maintenance costs

August Availability:

- 5TH/s: $350k
- 10TH/s: $650k
N_S
full member
Activity: 238
Merit: 100
Crikey - Alydian = $65k for 1TH...

Do you have a link or something?
member
Activity: 119
Merit: 10
Crikey - Alydian = $65k for 1TH...
full member
Activity: 210
Merit: 100
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

Everyones trying to jump on these new IPOs in the hopes that as soon as the initial shares sell out they can make a quick buck.

Sadly for them there are too many "New IPOs" popping up and the money is too spread out for these clowns to make anything.

Hell this IceDrill guy is trying to take in 2 Million Dollars worth of BTC in 6 days.

Keep Steady, this ship is sailing on smooth waters.
Why do people buy into these IPOs?  Because profit.  
They're buying into the second-highest tier of a pyramid scheme.  As long as they keep their mouths shut, or parrot the IPO issuers managing the hype machine, they will profit.

Hold, Spartans!
LabCoin was oversubscribed with $2mil wanting to get in... so raising $2mil in 6 days isn't impossible. I mean, LabCoin is 130nm Process... on what planet is that a sensible investment when its competing with 28nm process. Even though IceDrill isn't producing their own chips (yet) - they are more competitive per GH than Labcoin, and power consumption being the key factor here, IceDrill eats labcoin for breakfast. But then compare both of those offerings with ActiveM and ActiveM leaves them in the dust. Anyway - ActM is still a good buy, Labcoin is a joke, IceDrill *Might* make their IPO, BTCGarden is a joke... etc.
Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise.  
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.
Well by your measure 65nm chips are essentially unicorns.

The 65nm chips are 4realz, rest easy.  Though there's wailing of Biblical proportions in Avalon & BFL threads.  Probably the very same people who would be manning the the "Lynch Crumbs!!1!" mob.

Edit:  See the yeller ignore button?  That's "32-49 ignores."  It was *virgin* before i posted in this thread. Cheesy
legendary
Activity: 826
Merit: 1004
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

Everyones trying to jump on these new IPOs in the hopes that as soon as the initial shares sell out they can make a quick buck.

Sadly for them there are too many "New IPOs" popping up and the money is too spread out for these clowns to make anything.

Hell this IceDrill guy is trying to take in 2 Million Dollars worth of BTC in 6 days.

Keep Steady, this ship is sailing on smooth waters.

Why do people buy into these IPOs?  Because profit.  
They're buying into the second-highest tier of a pyramid scheme.  As long as they keep their mouths shut, or parrot the IPO issuers managing the hype machine, they will profit.
Hold, Spartans!

LabCoin was oversubscribed with $2mil wanting to get in... so raising $2mil in 6 days isn't impossible. I mean, LabCoin is 130nm Process... on what planet is that a sensible investment when its competing with 28nm process. Even though IceDrill isn't producing their own chips (yet) - they are more competitive per GH than Labcoin, and power consumption being the key factor here, IceDrill eats labcoin for breakfast. But then compare both of those offerings with ActiveM and ActiveM leaves them in the dust. Anyway - ActM is still a good buy, Labcoin is a joke, IceDrill *Might* make their IPO, BTCGarden is a joke... etc.

It seems like you are uninformed about the technology you are commenting on (like most people here). You can't simply compare ActM's, KnC's, or the FastHash 28nm ASICs with the chips from AM, Avalon, BFL, BitFury, Labcoin and Bit Garden based on the process size. The technology is different. The former are basically converted FPGAs while the latter are true ASICs. That's why BitFury and KnC provide similar efficiency, despite BitFury using 55nm and KnC using 28nm. Don't be surprised if 2nd gen AM, Avalon, Labcoin and BitGarden ASICs offer similar of better performance.

Source?

From eASIC's website (ActM):

Quote
eASIC Nextreme-2 is a family of NEW ASIC devices, manufactured on a 45nm CMOS process, and built using eASIC’s patented single-via customization technology. The eASIC Nextreme-2 family provides ASIC-like performance, power and low unit-cost combined with FPGA-like design flow and rapid delivery of devices.

From OrSoC's site (KnC):

Quote
ORSoC offer its customers full development services for any FPGA- or ASIC- targeted designs. Our goal is to provide a quality solution, meeting functionality and performance requirements, regardless of complexity.

I don't believe anyone could afford to produce a fully custom 28nm ASIC at the moment, as I've heard the mask costs more than $10 million.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...


Here's some more fuel for your FUD fire::

COINLAB ANNOUNCES FIRST INCUBATOR COMPANY
sr. member
Activity: 392
Merit: 250

Quote from your link:
The North Korean news agency does not have much of a reputation for factual accuracy. When the country’s former dictator Kim Jong Il died in December 2011, it reported a rock carving glowing brightly and ice near his presumed birthplace to have cracked “so loud, it seemed to shake the Heavens and the Earth” in mourning of the Dear Leader. While he was alive, Kim reportedly invented the hamburger, wrote 1,500 books in three years while at university, and shot eleven holes-in-one the first time he played golf (a feat verified by his 17 bodyguards).


But hey, i admire your tenacity.
Hold, Spartans!

I believe it all.  How could 17 bodyguards all lie about it?
sr. member
Activity: 448
Merit: 250
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

Everyones trying to jump on these new IPOs in the hopes that as soon as the initial shares sell out they can make a quick buck.

Sadly for them there are too many "New IPOs" popping up and the money is too spread out for these clowns to make anything.

Hell this IceDrill guy is trying to take in 2 Million Dollars worth of BTC in 6 days.

Keep Steady, this ship is sailing on smooth waters.

Why do people buy into these IPOs?  Because profit.  
They're buying into the second-highest tier of a pyramid scheme.  As long as they keep their mouths shut, or parrot the IPO issuers managing the hype machine, they will profit.
Hold, Spartans!

LabCoin was oversubscribed with $2mil wanting to get in... so raising $2mil in 6 days isn't impossible. I mean, LabCoin is 130nm Process... on what planet is that a sensible investment when its competing with 28nm process. Even though IceDrill isn't producing their own chips (yet) - they are more competitive per GH than Labcoin, and power consumption being the key factor here, IceDrill eats labcoin for breakfast. But then compare both of those offerings with ActiveM and ActiveM leaves them in the dust. Anyway - ActM is still a good buy, Labcoin is a joke, IceDrill *Might* make their IPO, BTCGarden is a joke... etc.

It seems like you are uninformed about the technology you are commenting on (like most people here). You can't simply compare ActM's, KnC's, or the FastHash 28nm ASICs with the chips from AM, Avalon, BFL, BitFury, Labcoin and Bit Garden based on the process size. The technology is different. The former are basically converted FPGAs while the latter are true ASICs. That's why BitFury and KnC provide similar efficiency, despite BitFury using 55nm and KnC using 28nm. Don't be surprised if 2nd gen AM, Avalon, Labcoin and BitGarden ASICs offer similar of better performance.

Source?
sr. member
Activity: 448
Merit: 250
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

Everyones trying to jump on these new IPOs in the hopes that as soon as the initial shares sell out they can make a quick buck.

Sadly for them there are too many "New IPOs" popping up and the money is too spread out for these clowns to make anything.

Hell this IceDrill guy is trying to take in 2 Million Dollars worth of BTC in 6 days.

Keep Steady, this ship is sailing on smooth waters.

Why do people buy into these IPOs?  Because profit. 
They're buying into the second-highest tier of a pyramid scheme.  As long as they keep their mouths shut, or parrot the IPO issuers managing the hype machine, they will profit.
Hold, Spartans!

LabCoin was oversubscribed with $2mil wanting to get in... so raising $2mil in 6 days isn't impossible. I mean, LabCoin is 130nm Process... on what planet is that a sensible investment when its competing with 28nm process. Even though IceDrill isn't producing their own chips (yet) - they are more competitive per GH than Labcoin, and power consumption being the key factor here, IceDrill eats labcoin for breakfast. But then compare both of those offerings with ActiveM and ActiveM leaves them in the dust. Anyway - ActM is still a good buy, Labcoin is a joke, IceDrill *Might* make their IPO, BTCGarden is a joke... etc.

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise. 
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.



Well by your measure 65nm chips are essentially unicorns.
sr. member
Activity: 266
Merit: 250
Science!
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

I feel bad for you, I finally got my L2 Confirmation from CoinBase a couple weeks ago, really loving the 50BTC per day available in my wallet in 6 seconds...

Hell, they dont even know if there is money in my account when they let me walk off with $5k in coin, I could technically turn fiat to coin in -2 days Wink
Too risky of course, and I know for a fact that they have more personal info on me than the IRS & SSA, so definitely wouldn't want to get caught on the wrong end of a deal like that Roll Eyes

Highly recommend their service.

There is always #bitcoin-otc (I use BofA instant transfer to buy), so deals are done quick.
legendary
Activity: 826
Merit: 1004
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

Everyones trying to jump on these new IPOs in the hopes that as soon as the initial shares sell out they can make a quick buck.

Sadly for them there are too many "New IPOs" popping up and the money is too spread out for these clowns to make anything.

Hell this IceDrill guy is trying to take in 2 Million Dollars worth of BTC in 6 days.

Keep Steady, this ship is sailing on smooth waters.

Why do people buy into these IPOs?  Because profit.  
They're buying into the second-highest tier of a pyramid scheme.  As long as they keep their mouths shut, or parrot the IPO issuers managing the hype machine, they will profit.
Hold, Spartans!

LabCoin was oversubscribed with $2mil wanting to get in... so raising $2mil in 6 days isn't impossible. I mean, LabCoin is 130nm Process... on what planet is that a sensible investment when its competing with 28nm process. Even though IceDrill isn't producing their own chips (yet) - they are more competitive per GH than Labcoin, and power consumption being the key factor here, IceDrill eats labcoin for breakfast. But then compare both of those offerings with ActiveM and ActiveM leaves them in the dust. Anyway - ActM is still a good buy, Labcoin is a joke, IceDrill *Might* make their IPO, BTCGarden is a joke... etc.

It seems like you are uninformed about the technology you are commenting on (like most people here). You can't simply compare ActM's, KnC's, or the FastHash 28nm ASICs with the chips from AM, Avalon, BFL, BitFury, Labcoin and Bit Garden based on the process size. The technology is different. The former are basically converted FPGAs while the latter are true ASICs. That's why BitFury and KnC provide similar efficiency, despite BitFury using 55nm and KnC using 28nm. Don't be surprised if 2nd gen AM, Avalon, Labcoin and BitGarden ASICs offer similar of better performance.
full member
Activity: 210
Merit: 100

Quote from your link:
The North Korean news agency does not have much of a reputation for factual accuracy. When the country’s former dictator Kim Jong Il died in December 2011, it reported a rock carving glowing brightly and ice near his presumed birthplace to have cracked “so loud, it seemed to shake the Heavens and the Earth” in mourning of the Dear Leader. While he was alive, Kim reportedly invented the hamburger, wrote 1,500 books in three years while at university, and shot eleven holes-in-one the first time he played golf (a feat verified by his 17 bodyguards).


But hey, i admire your tenacity.
Hold, Spartans!
newbie
Activity: 58
Merit: 0
Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

I feel bad for you, I finally got my L2 Confirmation from CoinBase a couple weeks ago, really loving the 50BTC per day available in my wallet in 6 seconds...

Hell, they dont even know if there is money in my account when they let me walk off with $5k in coin, I could technically turn fiat to coin in -2 days Wink
Too risky of course, and I know for a fact that they have more personal info on me than the IRS & SSA, so definitely wouldn't want to get caught on the wrong end of a deal like that Roll Eyes

Highly recommend their service.
Jump to: