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Topic: [ANN] Fibonacci Info and questions - page 21. (Read 104190 times)

sr. member
Activity: 378
Merit: 250
December 23, 2013, 06:50:29 AM
Will we be able to pay with a mixture of BTC & LTC(no discount)?

That would work best for me...
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 23, 2013, 01:03:11 AM
Using this:
Quote
0.90$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 777.60 USD in LTC/BTC/Other Crypto?
Axiom 16 = 15,360 KH/s = 12,441.60 USD in LTC/BTC/Other Crypto?
Epsilon 32 = 30,720 KH/s = 24,883.20 USD in LTC/BTC/Other Crypto?

Is that correct? Are prices likely to come down or go up?

When are these available for hosted mining at your place?
When are these available for personal use shipped to our own locations?

I primarily want them for another alt-coin.

They wont go up, either stay the same or go down. We dont want to price them out of range of the normal every day guy.
So yes that is correct give or take a small amount (I am not going to check your math but it looks good at first glance)

When production is complete we should have them hosted and mining inside of a few days. Shipping is another story, we will be waiting for competition to crop up. Once they do we will begin shipping them the same day/week/whatever. They will work other alts.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
December 22, 2013, 08:11:42 PM
Using this:
Quote
0.90$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 777.60 USD in LTC/BTC/Other Crypto?
Axiom 16 = 15,360 KH/s = 12,441.60 USD in LTC/BTC/Other Crypto?
Epsilon 32 = 30,720 KH/s = 24,883.20 USD in LTC/BTC/Other Crypto?

Is that correct? Are prices likely to come down or go up?

When are these available for hosted mining at your place?
When are these available for personal use shipped to our own locations?

I primarily want them for another alt-coin.
hero member
Activity: 984
Merit: 1000
December 22, 2013, 05:41:40 PM
Is it possible to point the device to different coins at the same time to split its power? This would be nice expecially for new coins / underdog coins with low hashrates.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 22, 2013, 04:37:18 PM
A side note most people didnt seem to notice, we will be giving a 10% discount to anyone paying in LTC. As for addressing market value at any given time, we will charge based on LTC/USD or BTC/USD or whatever other crypto we choose to accept. But the cost in btc/ltc/whatever will not impact our pricing beyond our automated checkout changing numbers as we go.

Alright guys, we will now start taking questions from the peanut gallery! The questions will be sent to our engineering team, if the question doesnt touch on something sensitive with regards to the IP, then I will post the QA here on the forum. You can also ask here, and I will forward them onward.

[email protected]

Send your inquiries here with any technical questions, anything we can answer comfortably we will post here.

Also, on the OP we have added the model names of the 3 variants we will sell initially and chip numbers per pcb. We will attempt to finish 2 more variants before shipping.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
December 22, 2013, 02:29:17 PM
Just trying to make sure I have the math right. So the fastest model you'll have puts down 36 MH/s for ~$30K USD yah? That's 1764 LTC at current exchange rate (~$17/LTC), and plugging in the 36 MH/s into a calculator I'm coming up with 11.2 LTC per day, or (assuming no change in difficulty or exchange rate) 157 days until ROI. Am I calculating something wrong?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 22, 2013, 02:17:42 PM
Alright guys, we will now start taking questions from the peanut gallery! The questions will be sent to our engineering team, if the question doesnt touch on something sensitive with regards to the IP, then I will post the QA here on the forum. You can also ask here, and I will forward them onward.

[email protected]
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
December 22, 2013, 07:23:09 AM
72 watts = 16,000 KH/s = ? How much ? I'd like to buy 10 units please.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 10:03:14 PM
Yeah, it is going nuts, then overstock announced they are going to accept it.
newbie
Activity: 15
Merit: 0
December 21, 2013, 09:50:04 PM
Soon.... Cheesy

The crypto frenzy going on shows that "Soon" is never fast enough....

And I'm also awaiting a place to sign up. Impatiently, but I'm waiting.  Grin
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 08:56:37 PM
Soon.... Cheesy
legendary
Activity: 1456
Merit: 1000
December 21, 2013, 08:46:23 PM
Due to us doing forced hosting initially, we will just charge for the electric rate that is in the area 0.09$ kwh. But each unit is using ~72 watts for 16 mhs, I dont know the exact percentages yet, but it will be tiny in the grand scheme of things.

I think less than 2% will be easily enough, likely even less.

OK, I'm in. Where do I sign-up  Grin
legendary
Activity: 1456
Merit: 1000
December 21, 2013, 08:44:29 PM

The chances of someone even with the technical know how prefering to run and manage that many PCs will enjoy themselves in the process. They are not our target market anyway.


It seems your target market is the people who heard that they can make money from cryptocurrency and are ready to invest some cash in that hope but for some reason do not like noisy, hot and needing support hardware in their house/office. These people obviously have no idea whether they will make any profit, and they will probably not make any profit, but eventually their sacrifice will help build a better (priced) product. Every industry needs scapegoats.

But, again: you are not giving these miners to users to run in their own houses, and power from their own electricity bill. So therefore any talk about how much more power saving these are is moot.

By the way, winter is not really the best time to convince people they are better with less power consuming equipment. Some people here do heat their houses with the GPUs. Smiley

lol I had to respond just because I actually do  Grin

Me too  Grin
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 07:34:21 PM
How much of a time lag do you expect for someone ordering (early) to have their unit hashing at your location? I really like the hosted hashing idea, it gets things going faster - thank you!

Once we receive the boards from assembly we will test them for a couple of days. As long as our engineers can keep up with them as they come off the line, it will be tested, then put to work.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 07:32:22 PM
Due to us doing forced hosting initially, we will just charge for the electric rate that is in the area 0.09$ kwh. But each unit is using ~72 watts for 16 mhs, I dont know the exact percentages yet, but it will be tiny in the grand scheme of things.

I think less than 2% will be easily enough, likely even less.
sr. member
Activity: 380
Merit: 250
December 21, 2013, 07:30:29 PM
How much of a time lag do you expect for someone ordering (early) to have their unit hashing at your location? I really like the hosted hashing idea, it gets things going faster - thank you!
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
December 21, 2013, 03:30:58 PM
Sorry if this has already been covered, but does the $.90/KHs include hosting, or is that a separate fee?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 01:00:25 PM
All services on the website will be similarly distributed to ensure security.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 21, 2013, 10:03:20 AM


Our Cirrus architecture for the direct shares system.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
December 20, 2013, 11:58:22 PM
@jasinlee, I'm interested. Reserve me a few MH worth please. I'm in to mine a different scrypt coin though.
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