Topic: [ANN] Fibonacci Info and questions - page 29. (Read 104190 times)

Any mailing list so we don't miss the sale day?

Not in the first batch no, but we would be able to revise our design for gen 2 or later to handle a different variant.

These will work only with scrypt, right?

Are other scrypt variants compatible, like scrypt-jane?

Watching intently, cannot wait for more details.

11. Will you ship out massive amounts of miners to everyone and ruin the network?
A: Nope, we will initially only sell hosted mining, then once we have viable competition we will begin to ship the units to the public. This will help slow the advancement of companies reverse engineering designs such as ours. Around this time we will likely be done with our gen 2 or 3 chips and have to clear out the hosted units anyway. We are in discussions with the Litecoin Association to help stagger in hand hashing power to continue with decentralization of the network.

At the rate in which LTC difficulty has gone up recently, GPUs will put themselves out the market by March, meaning it will cost more electricity to run them then you will actually earn.

At a estimated +-$810 per device it will take awhile to ROI if you are specifically going to use them for LTC, ofc for alt coins you might get your money back sooner, however I am expecting
virtual currency prices to drop by 20-30% in Jan and Feb across the board. I am sure 90% will disagree with me and hopefully I am wrong but from what I have worked out BTC won't hold above
$800 early next year which means alt currencies follow the downward trend.

With that being said I do expect virtual currencies to rise to new highs by the 2nd half of next year when these devices will be ready. So might end up being good timing but difficulty will be over 10 000 for LTC by then.

Either way these devices will sell like hotcakes, so keep it going and goodluck.

Yes, unless they have made some larger modifications to the coin.

Will these work on any Scrypt chain?

Edit: Nvm, I saw you answered this same question on page one of this thread

Heh, we are not going to jump the gun yet. Lets finish it proper like before going to taking orders.

Ok, so PoW has been shown. What is your LTC address so I can put down for a unit or 10?

Exciting day, our proof of work just moved off the testnet. This was a brief test to get some more accurate numbers for the datasheet Moving right along....

Taking it back offline to finish some tweaks.

Last Share Time               Difficulty                 PPS Rate     Shares    Rewards
2013-12-14 16:45 UTC   2926.50971494   0.000000250271   112   0.000028030352 LTC

Hurray for progress.

+1

Can't wait to get more info on this. Is there a notification list I could get on?

+1

this deserves a sticky. Salty Spitoon, hook it up!

lmao

It's normally used sarcastically for some obvious scam, in your case we mean it



Crap, my card has expired

I think thats probably the most commonly used meme on here.

lol +1

And I feel your eyes on me, creepy.....

Very interesting!
I have my eyes on you...