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Topic: [ANN] Fibonacci Info and questions - page 28. (Read 104190 times)

legendary
Activity: 3136
Merit: 1176
December 15, 2013, 12:56:13 PM
#70
i want buy
how can  pre-order?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 07:34:42 AM
#69
I have a question

in first time we will be able to buy to you Hasrate instead of buy a miner thats right? or whe are buying a miner you are hosting at the beginning then you ship us the minner??

thanks you
Correct to the second question.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 07:33:55 AM
#68
Where can I mark my name down?

Or what website can I DDOS with my F5's to make sure I get in as early as possible?

Lol and this is part of the reason we are making sure the site is perfect before launch.
newbie
Activity: 40
Merit: 0
December 15, 2013, 06:10:28 AM
#67
Where can I mark my name down?

Or what website can I DDOS with my F5's to make sure I get in as early as possible?
hero member
Activity: 854
Merit: 539
December 15, 2013, 05:45:01 AM
#66
I have a question

in first time we will be able to buy to you Hasrate instead of buy a miner thats right? or whe are buying a miner you are hosting at the beginning then you ship us the minner??

thanks you
legendary
Activity: 3248
Merit: 1070
December 15, 2013, 05:33:53 AM
#65
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.

yeah but i'm just paying my bills in advance in this way...
sr. member
Activity: 350
Merit: 250
December 15, 2013, 05:17:25 AM
#64
I like the idea but the price is my concern, if I understand correctly you are selling miners for 0.90$ per kh/s. My GPU cost $400 and makes 700kh/s that means you are selling a miner as powerful as my GPU for double the price? Why I should buy it then?

You got your hashing rates mixed up, a gpu can do 700 megahashs, not kilohashes, for scrypt coin mining.

maybe in 10 years.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
December 15, 2013, 05:12:35 AM
#63
I like the idea but the price is my concern, if I understand correctly you are selling miners for 0.90$ per kh/s. My GPU cost $400 and makes 700kh/s that means you are selling a miner as powerful as my GPU for double the price? Why I should buy it then?

You got your hashing rates mixed up, a gpu can do 700 megahashs, not kilohashes, for scrypt coin mining.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 01:56:57 AM
#62
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.
member
Activity: 146
Merit: 10
December 15, 2013, 01:23:05 AM
#61
I like the idea but the price is my concern, if I understand correctly you are selling miners for 0.90$ per kh/s. My GPU cost $400 and makes 700kh/s that means you are selling a miner as powerful as my GPU for double the price? Why I should buy it then?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 01:08:53 AM
#60
Np, this is all up for discussion so lay any questions on me you can think of within reason.
full member
Activity: 182
Merit: 100
December 15, 2013, 12:34:18 AM
#59
Ok, thanks for the reply.

MEPH
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 12:34:08 AM
#58
One more, how many of them is going to be made in first batch?

This will depend on sales, and whether we can find enough trusted agents to distribute the hosted miners to outside of our team to avoid any centralization concerns. The users that take over the hosting (once we reach our self imposed limitations) will get a % of the coins generated to cover power and a bit for their troubles. And will be responsible for shipping the units to the users once the market is ready for them to be in the wild. This may change, but this is the current method we think best to maintain secure decentralized hashing across the network. If anyone has better suggestions please discuss here, we do not want to have the same situations appearing in LTC that BTC has had in the past.

We will continuously host units, but we will have to set a time limitation since at some point the units will become out of date and need replacing with newer models.

Out of date, not profitable etc.. is OK. It would be same if there are in my house.

So as long as that is the option, it's fine. But please make that official, I don't want to make more orders than I could handle with customs, at my home etc.

We will work it all out as we go, I have a giant stack of notes and digital notes, ideas and rules I need to combine into one giant diagram so everyone can see where this leads to down the road. This is only the beginning.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 12:32:29 AM
#57
Hi, i just want to double confirm, there is no way to purchase this for fiat currency? I'm new to the scene (just started over 1 week ago) so just want to double check.
Thanks

MEPH

That is correct, I would recommend localbitcoins.com or litecoinlocal.org to get coins quickly. And absolutely do not accept anything but escrow and irreversible methods of payment such as crypto or cash/cash deposits.

We want to promote crypto in general, if we accepted paypal (for example) as payment it would undermine the work fundamentally.
full member
Activity: 182
Merit: 100
December 15, 2013, 12:27:30 AM
#56
Hi, i just want to double confirm, there is no way to purchase this for fiat currency? I'm new to the scene (just started over 1 week ago) so just want to double check.
Thanks

MEPH
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 15, 2013, 12:21:58 AM
#55
One more, how many of them is going to be made in first batch?

This will depend on sales, and whether we can find enough trusted agents to distribute the hosted miners to outside of our team to avoid any centralization concerns. The users that take over the hosting (once we reach our self imposed limitations) will get a % of the coins generated to cover power and a bit for their troubles. And will be responsible for shipping the units to the users once the market is ready for them to be in the wild. This may change, but this is the current method we think best to maintain secure decentralized hashing across the network. If anyone has better suggestions please discuss here, we do not want to have the same situations appearing in LTC that BTC has had in the past.

We will continuously host units, but we will have to set a time limitation since at some point the units will become out of date and need replacing with newer models.

Out of date, not profitable etc.. is OK. It would be same if there are in my house.

So as long as that is the option, it's fine. But please make that official, I don't want to make more orders than I could handle with customs, at my home etc.
newbie
Activity: 26
Merit: 0
December 15, 2013, 12:04:09 AM
#54
Will be keeping my eye on this as well.  I've been telling people that a scrypt ASIC was only a matter of time...

Regardless, my main concern here is regarding release quantity, timeline accuracy, and pricing model.  While these are theoretically much more energy efficient than current GPU mining setups, you can snag around 800 khs at around $400-500 (for the card).  I'm afraid this might rely on a longer timescale to be profitable than ASIC mining recently offers.

But, as I said, I'm keeping my eye on it.  Always looking to reinvest some of my mining earnings!
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 15, 2013, 12:03:27 AM
#53
One more, how many of them is going to be made in first batch?

This will depend on sales, and whether we can find enough trusted agents to distribute the hosted miners to outside of our team to avoid any centralization concerns. The users that take over the hosting (once we reach our self imposed limitations) will get a % of the coins generated to cover power and a bit for their troubles. And will be responsible for shipping the units to the users once the market is ready for them to be in the wild. This may change, but this is the current method we think best to maintain secure decentralized hashing across the network. If anyone has better suggestions please discuss here, we do not want to have the same situations appearing in LTC that BTC has had in the past.

We will continuously host units, but we will have to set a time limitation since at some point the units will become out of date and need replacing with newer models.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 14, 2013, 11:49:41 PM
#52
One more, how many of them is going to be made in first batch?

And, after seeing your posts on litecoin forums, would you consider to host units even after competition delivers. Would help a lot for custom, electricity, lost time in shipment etc, etc... I'd be able to buy much more with full hosted option than limited time one.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
December 14, 2013, 11:47:09 PM
#51
Once we have the site live yes, not just yet.
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