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Topic: [ANN] Fibonacci Info and questions - page 24. (Read 104171 times)

legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
December 19, 2013, 01:39:23 PM
I'm confused. Will your final product do 1120 KH/s, or 36 MH/s?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 12:37:56 PM
I think it's time to overly simplify everything from the looks of it. So, mining a coin valued at under 1 $ is so close to 0 $ you may as well not mine it at all amirite? And if it's not free, your losing money so we should be bartering amirite? And it takes time to do research and setup rigs that you can spend at a regular job, so we shouldnt waste our time amirite?
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
December 19, 2013, 12:21:15 PM
If cryptos continue gaining popularity, one of the main forces against it will be all the electricity we use. Bringing ASICs to market greatly helps our cause.

How much you save depends on where you live. Europe and NE USA yes, AZ maybe not so much...
If cryptos continue to gain popularity, electricity cost will be residual. If what you get from mining is eaten by 0.1 - $0.25 kW/h, then crypto is not popular
sr. member
Activity: 378
Merit: 250
December 19, 2013, 12:18:16 PM
If cryptos continue gaining popularity, one of the main forces against it will be all the electricity we use. Bringing ASICs to market greatly helps our cause.

How much you save depends on where you live. Europe and NE USA yes, AZ maybe not so much...
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
December 19, 2013, 11:59:54 AM
Quote
14. OMG Your prices are higher than GPUs, SCAM!?
A: How much power does it consume? Heat? We will be tweaking the design so it may change a bit but we created a miner that consumes under 5 watts and is faster than your gpu. Power costs will recoup in the long run vs any gpu. But that just depends on your situation. If that is not enough to make you buy one I recommend not purchasing one.

Scrypt is indeed ASIC resistant if the vendors can only offer "power savings" in exchange of the absurd upfront cost



Edit:

Quote
Power costs will recoup in the long run vs any gpu.

LOL!
full member
Activity: 241
Merit: 100
December 19, 2013, 11:31:50 AM
Yes, you can choose your pool, we are working on the UI now. It will proxy to the pool of your choice, in the beginning this will probably be time consuming while we add the pools. The fees are not intended to float anyones income, they will be enough to cover electricity (which isnt much) and a small profit for the host. The users that do the hosting will be in a thankless job most likely. We will have multiple coins on the site.

btw i wanted to ask you what is important for the pool server RAM, CPU or something else? Does internet connection affects it?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 07:30:53 AM
Yes, you can choose your pool, we are working on the UI now. It will proxy to the pool of your choice, in the beginning this will probably be time consuming while we add the pools. The fees are not intended to float anyones income, they will be enough to cover electricity (which isnt much) and a small profit for the host. The users that do the hosting will be in a thankless job most likely. We will have multiple coins on the site.
full member
Activity: 241
Merit: 100
December 19, 2013, 07:27:53 AM
Just the thing that destroys the true spirit of crypto currency's...I wish your project fails or that you run away with people's money I am happy in either instance.

Quote
December 14, 2013, 11:58:10 PM


Let me introduce you to the complaints department. Milton will take down your information.


hahaha Cheesy

You said you have own websystem with pool, after purchase can we change the pool? or by hosting we can only mine on your pool with your fees? your pool going to have only one cryptocoin?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 07:24:44 AM
Milton: I understand how you feel Mr. Deltree. Initially, other users felt that way. What they found, however, was that after reading the thread they realized that the companies goals were aligned with their own.
member
Activity: 98
Merit: 10
December 19, 2013, 07:12:23 AM
Mr. Milton this is an atrocity, the rich will get uber richer and the poor will get marginally richer till they start getting poorer when the electric bills arrive.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 07:05:03 AM
Just the thing that destroys the true spirit of crypto currency's...I wish your project fails or that you run away with people's money I am happy in either instance.

Quote
December 14, 2013, 11:58:10 PM


Let me introduce you to the complaints department. Milton will take down your information.

legendary
Activity: 3248
Merit: 1070
December 19, 2013, 07:03:10 AM
yeah, gpu should always be at top, asic makes mining centralized, like btc
member
Activity: 98
Merit: 10
December 19, 2013, 06:58:57 AM
Just the thing that destroys the true spirit of crypto currency's...I wish your project fails or that you run away with people's money I am happy in either instance.
full member
Activity: 241
Merit: 100
December 19, 2013, 06:53:58 AM
ASIC Datasheet is up on first post, those who were looking for technical specs you now have some available to you....if you can understand them.

We have 1 more hurdle then the site will go live, hopefully we can start selling this weekend.

So they are ready? If you sell them this weekend that means they will mine? ^^
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 06:40:54 AM
How much power does it consume? Heat?

We will be tweaking the design so it may change a bit but we created a miner that consumes under 5 watts and is faster than your gpu. Power costs will recoup in the long run vs any gpu. But that just depends on your situation. If that is not enough to make you buy one I recommend not purchasing one.

But, you will not be giving these units in people's hands so it does not matter.

You are hosing this stuff in your datacenters, where *you* pay for electricity and cooling and bear the noise.

It is even possible you don't have a real product yet, and have purchased massive amounts of GPUs -- and thus being the culprit for the Radeon shorage on the market  Grin

Lol, that would be a feet to accomplish on my own.

As for putting in people's hands, well not initially you are correct, but once an actual competitor arrives we will ship them so it will become an issue then.
sr. member
Activity: 393
Merit: 250
December 19, 2013, 06:29:54 AM
How much power does it consume? Heat?

We will be tweaking the design so it may change a bit but we created a miner that consumes under 5 watts and is faster than your gpu. Power costs will recoup in the long run vs any gpu. But that just depends on your situation. If that is not enough to make you buy one I recommend not purchasing one.

But, you will not be giving these units in people's hands so it does not matter.

You are hosing this stuff in your datacenters, where *you* pay for electricity and cooling and bear the noise.

It is even possible you don't have a real product yet, and have purchased massive amounts of GPUs -- and thus being the culprit for the Radeon shorage on the market  Grin
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 04:09:47 AM
Added a pic of the Stratix Dev Board.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 19, 2013, 01:46:43 AM
We do not yet, we are not making a newsletter, we are creating a complete web wallet with checkout and pool. We will be releasing it in phases in the coming weeks.
sr. member
Activity: 354
Merit: 250
December 18, 2013, 10:47:09 PM
Do you have a newsletter or an automatic e-mail that will go out when selling begins?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 18, 2013, 08:55:30 PM
Yeah, the whole project has become our baby. Lots of work was put into everything. The websites code has over 2000 hours to date (although there are lots of side items that we developed along the way) we will release pieces as they become necessary to run live.
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