[ANNOUNCEMENT] 28nm Hercules ~500 GH/s ASIC NO PREORDERS! - page 8.

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: aerobatic on December 09, 2013, 12:54:19 AM

Quote from: ?? on ??

Quote from: AlexeyK on December 08, 2013, 07:05:41 PM

price ? shipping time ?

more info and video of working unit ?

it looks interesting http://www.linkedin.com/profile/view?id=301725126
but we need more info .

coming soon it's not enough

anyway , count me in for one

http://www.linkedin.com/profile/view?id=301725126&authType=name&authToken=GVTO&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=297061559&authType=name&authToken=MxT5&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=300018362&authType=name&authToken=vlu7&trk=prof-sb-browse_map-name

UK money, US marketing, Eastern European development Huh

Let's see what they will ship... Strange that they did not publish any technical info.
Hope they did not just hack linkedin accounts.

good detective work... an odd mix of people.. but hopefully in a few days we'll see how it pans out. hope its not another xcrowd.

You think this was uk money? its possible... perhaps middle eastern money.

they say somewhere between $1.9m invested and $2.5m invested, which seems cheap to get a 28nm asic for "only" $2.5m (the NREs, expedite fees, wafer production and system production costs are about double that in total)... i suspect it costs a lot more to get a 28nm asic made, especially a high performance one (they said 550 GH/s) that would need high performance packaging and cooling as it needs to run very hot. They also said it was 0.8 W/GH, which would mean the chip is nudging past the 400 watts per package that seems extremely hard to cool something that hot... only liquid cooling could do it, .. just. unless of course its not one asic at 550 GH/s, and is a collection of slower asics that together are 550 GH/s

Quote

BTC Olympus is a company started in the UK , our initial investment being a capital injection of $ 2.5 million $ 1.5 million in loans from financial institutions.

Hi!
Our initial investment, that means in July, was 4 mil $. As for the chips, we use liquid cooling and we are almost ready to deliver the system.
More info coming soon

Have a great day!

aerobatic

hero member

Activity: 702

Merit: 500

Quote from: ?? on ??

Quote from: AlexeyK on December 08, 2013, 07:05:41 PM

price ? shipping time ?

more info and video of working unit ?

it looks interesting http://www.linkedin.com/profile/view?id=301725126
but we need more info .

coming soon it's not enough

anyway , count me in for one

http://www.linkedin.com/profile/view?id=301725126&authType=name&authToken=GVTO&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=297061559&authType=name&authToken=MxT5&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=300018362&authType=name&authToken=vlu7&trk=prof-sb-browse_map-name

UK money, US marketing, Eastern European development Huh

Let's see what they will ship... Strange that they did not publish any technical info.
Hope they did not just hack linkedin accounts.

good detective work... an odd mix of people.. but hopefully in a few days we'll see how it pans out. hope its not another xcrowd.

You think this was uk money? its possible... perhaps middle eastern money.

they say somewhere between $1.9m invested and $2.5m invested, which seems cheap to get a 28nm asic for "only" $2.5m (the NREs, expedite fees, wafer production and system production costs are about double that in total)... i suspect it costs a lot more to get a 28nm asic made, especially a high performance one (they said 550 GH/s) that would need high performance packaging and cooling as it needs to run very hot. They also said it was 0.8 W/GH, which would mean the chip is nudging past the 400 watts per package that seems extremely hard to cool something that hot... only liquid cooling could do it, .. just. unless of course its not one asic at 550 GH/s, and is a collection of slower asics that together are 550 GH/s

aerobatic

hero member

Activity: 702

Merit: 500

Any relation to the ill fated Xcrowd Olympus?

miaviator

donator

Activity: 686

Merit: 519

It's for the children!

Quote from: BTCOlympus on December 08, 2013, 10:38:42 PM

Lol! Can I get that email address?

I'll confirm it works even if it errors and edit my last post.

BTCOlympus

newbie

Activity: 46

Merit: 0

http://imageshack.com/a/img191/7664/k3yw.png
It works

Quote from: Cheshyr on December 08, 2013, 08:19:07 PM

Website says Error, but sends you an email anyway, to get you on the mailing list. That appears to be all the info we have presently.

It is working even when it errors. Check email.

miaviator

donator

Activity: 686

Merit: 519

It's for the children!

EDIT: It was pointed out that although the site may show Error the subscription still goes through.

dan99

sr. member

Activity: 406

Merit: 250

interestingly they don't take pre-orders and only take in bitcoin and paypal. if they follow through on their promises with below market prices that would be great. remember we need a lot more photos and videos of your working product.

Bogart

legendary

Activity: 966

Merit: 1000

Pics of the goods please. A pic of a black box with a silkscreened logo doesn't count. Show the boards and chips.

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Interested, and following this development. Would like to acquire a unit.

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: kfactor on December 08, 2013, 09:45:07 PM

Ummm, ... what planet are we living on???

"Our company is not that young, we work as a team since June 2013."

Why does everyone give a pass to these companies; so desperate for hardware? No other industry operates with such weak corporate governance coupled with a funding model based on crowd sourcing.

For the manufacturers I understand the risks of being left with obsolete hardware without the crowd sourcing, but honestly guys they are offloading ALL the the risk on the consumer.

That is not the way it's supposed to work.

p.s. If you really do ship on order you are an exception to the rule and good for you

We did not crowd fund, thats why we were quiet so far. We will ship on order! That's a sure thing!

Quote from: Cheshyr on December 08, 2013, 09:38:03 PM

The specs looks fairly decent, and in line with current tech. Is there any option to purchase the Herculus ASIC, and develop our own system? Are you able to give us a rough timeline, like Q2 2014, or something similar?

We haven't thought this thorough. We will probably have some resellers for the ASIC by mid 2014, i don't know if it will be for 28nm or for 20nm. Until that point we are focusing on our first and second batch to have it ready for shipment.
But yes, it's an interesting ideea.
Thank you for the interest.

kfactor

full member

Activity: 138

Merit: 102

Ummm, ... what planet are we living on???

"Our company is not that young, we work as a team since June 2013."

Why does everyone give a pass to these companies; so desperate for hardware? No other industry operates with such weak corporate governance coupled with a funding model based on crowd sourcing.

For the manufacturers I understand the risks of being left with obsolete hardware without the crowd sourcing, but honestly guys they are offloading ALL the the risk on the consumer.

That is not the way it's supposed to work.

p.s. If you really do ship on order you are an exception to the rule and good for you

Cheshyr

full member

Activity: 168

Merit: 100

The specs looks fairly decent, and in line with current tech. Is there any option to purchase the Herculus ASIC, and develop our own system? Are you able to give us a rough timeline, like Q2 2014, or something similar?

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: starsoccer9 on December 08, 2013, 09:21:47 PM

Quote from: BTCOlympus on December 08, 2013, 08:34:20 PM

Quote from: Cheshyr on December 08, 2013, 08:19:07 PM

Website says Error, but sends you an email anyway, to get you on the mailing list. That appears to be all the info we have presently.

Our policy was and still is, not to throw information (like prices) until we are sure of it.
We are sure of:

Our Poseidon machine will be equipped with Hercules ASIC
Hercules which is capable of more than 500 Gh/s hashing power.
Power consumption is less than 0.9 w/gh/s
Payment will be with Bitcoin and 90% Paypal. If not Paypal, another payment gateway like Dwolla, Payza, 2CO.
Our first batch will be IN HAND with NO PREORDERS
If you pay with Bitcoin your Privacy will be protected with us!!! and you will be able to use Split Payments
Our Prices will not be inflated

For all the users considering getting one i urge you not to be scammed. You are a no name company and you expect use to just go and layout half bitcoin with no proof of any unit, no proof of any asic, less then 1 week on bitcoin, site only up for 2months?

I understant your point of view and i embrace it. Everybody should be aware of scams. I personally have been reading this forum for monts and we know that our customers are very wise people. We guarantee you that we will provide proofs of product working and every information needed BEFORE we open sales! Please give us the benefit of doubt, until then. I promise you all we will try to fulfill our mission, which is 100% costumer satisfaction

starsoccer9

legendary

Activity: 1630

Merit: 1000

Quote from: BTCOlympus on December 08, 2013, 08:34:20 PM

Quote from: Cheshyr on December 08, 2013, 08:19:07 PM

Website says Error, but sends you an email anyway, to get you on the mailing list. That appears to be all the info we have presently.

Our policy was and still is, not to throw information (like prices) until we are sure of it.
We are sure of:

Our Poseidon machine will be equipped with Hercules ASIC
Hercules which is capable of more than 500 Gh/s hashing power.
Power consumption is less than 0.9 w/gh/s
Payment will be with Bitcoin and 90% Paypal. If not Paypal, another payment gateway like Dwolla, Payza, 2CO.
Our first batch will be IN HAND with NO PREORDERS
If you pay with Bitcoin your Privacy will be protected with us!!! and you will be able to use Split Payments
Our Prices will not be inflated

For all the users considering getting one i urge you not to be scammed. You are a no name company and you expect use to just go and layout half bitcoin with no proof of any unit, no proof of any asic, less then 1 week on bitcoin, site only up for 2months?

Coinmark

newbie

Activity: 16

Merit: 0

Like others have said, if posts act as a placeholder for queue, put me down in line subject to pricing details.

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: Cheshyr on December 08, 2013, 08:19:07 PM

Website says Error, but sends you an email anyway, to get you on the mailing list. That appears to be all the info we have presently.

Our policy was and still is, not to throw information (like prices) until we are sure of it.
We are sure of:

Our Poseidon machine will be equipped with Hercules ASIC
Hercules which is capable of more than 500 Gh/s hashing power.
Power consumption is less than 0.9 w/gh/s
Payment will be with Bitcoin and 90% Paypal. If not Paypal, another payment gateway like Dwolla, Payza, 2CO.
Our first batch will be IN HAND with NO PREORDERS
If you pay with Bitcoin your Privacy will be protected with us!!! and you will be able to use Split Payments
Our Prices will not be inflated

Cheshyr

full member

Activity: 168

Merit: 100

Website says Error, but sends you an email anyway, to get you on the mailing list. That appears to be all the info we have presently.

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: bsnmine on December 08, 2013, 07:50:36 PM

Subscription on your sites errors for me. And no other info to be found? Sure, I'll wait in line.

Post your email, click once, wait 2-3 seconds for confirmation.
If still does not work, contact us at: [email protected]

Thank you.
http://www.btcolympus.com

bsnmine

newbie

Activity: 11

Merit: 0

Subscription on your sites errors for me. And no other info to be found? Sure, I'll wait in line.

BTCOlympus

newbie

Activity: 46

Merit: 0

Quote from: starsoccer9 on December 08, 2013, 04:32:24 PM

Quote from: BTCOlympus on December 08, 2013, 03:51:42 PM

More on photos, videos on our site, when we launch the product to the market and we start shipping.
Company founder: Stephen Giles
@braindead please send us an email at [email protected] about your interest in our product and any further questions.
@reactor we are still in the testing. More info this week.
We managed yesterday 0.75-0.8 w/gh/s power consumption
Software compatibility: cgminer and bfgminer but we are working at our own software.
http://imageshack.com/a/img607/2010/zg02.jpg
The subscription seems to work fine.
@mazedk No preorders means, when we launch the website, we ship. Till then, this is only "teasing" information.
Someone in Minnesota wants to start a mining farm with our hardware.

will you offer full escrow?

Also i find it interesting in your picture its 2days but on my screen its 3 days

No preorders, no escrow.

Quote from: lubah on December 08, 2013, 06:22:28 PM

if this thread is intended to secure spot in line... count me in.

This thread is teasing information. Please susbrice on our website: http://www.btcolympus.com and you will get more information this week.
Thank you for your interest!

Quote from: AlexeyK on December 08, 2013, 07:05:41 PM

price ? shipping time ?

more info and video of working unit ?

it looks interesting http://www.linkedin.com/profile/view?id=301725126
but we need more info .

coming soon it's not enough

anyway , count me in for one

Answer for all "price" questions: We have no price yet, because we are not sure how many Hercules will be in one poseidon.
Our first batch will be IN HAND so shipping will be in 24h after purchase. We want to remind you that all customers will be able to use split payments with bitcoins.

Quote from: Geez on December 08, 2013, 04:44:06 PM

Well great you can't preorder but you also only have 25?
Hold one for me if that works.

Well, everybody will be able to order when the full site will be online. We hope that in maximum 3 days that will be possible.

One more thing:
As stated in our Privacy Policy
We will not share any customer information without your consent, regardless of whom is asking it.

Topic: [ANNOUNCEMENT] 28nm Hercules ~500 GH/s ASIC NO PREORDERS! - page 8. (Read 15466 times)