scrypt is land of garbage
Maybe, but anyone with a GPU can support the network/get into mining and it is still very profitable. In some cases even more profitable than bitcoin.
Topic: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 265. (Read 787053 times)
scrypt is land of garbage
Maybe, but anyone with a GPU can support the network/get into mining and it is still very profitable. In some cases even more profitable than bitcoin.
I don't know but i get the feeling ASIC mining is not going to be around for long (or not appealing to the general public), especially in regards to SHA256 coins. Now if they bring forward the ASIC miners for scrypt that may be an entirely different story. ASIC is killing off the joy of mining though: Makes technology available to us at high costs and nearly before the technology has become obsolete (they probably mine the hell out of them before the miners reach us). I may be wrong and comments are welcome.
scrypt is land of garbage
I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
True, but you will make a lot of coin during burn-in and may be able to leverage that for emergency funds to meet public demand.
Personally, I'm in for the long haul...hopefully I'll be able to make a few bucks.
I don't know but i get the feeling ASIC mining is not going to be around for long (or not appealing to the general public), especially in regards to SHA256 coins. Now if they bring forward the ASIC miners for scrypt that may be an entirely different story. ASIC is killing off the joy of mining though: Makes technology available to us at high costs and nearly before the technology has become obsolete (they probably mine the hell out of them before the miners reach us). I may be wrong and comments are welcome.
The X1 & X3 are going to be fantastic. And that's just the beginning.
Which miner would you buy?
A) $5/gh delivered next week
B) $3/gh delivered in three months
Which miner can you order today and have delivered next week?
The X1 & X3 are going to be fantastic. And that's just the beginning.
Which miner would you buy?
A) $5/gh delivered next week
B) $3/gh delivered in three months
The X1 & X3 are going to be fantastic. And that's just the beginning.
Which miner would you buy?
A) $5/gh delivered next week
B) $3/gh delivered in three months
hoping to ponzi your way through orders in the future? Using money coming in from new suckers to build the products for old suckers ?
^THIS.
the obvious nature of the pre-order market.
I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
What you decided to charge consumers is your fault. If you can't afford to refund a few customers who are upset about your lies and delays, you probably can't afford to complete any miners at this point. If you spent all the money on the asics, what will you use to build the machines ? Where is the proof that you bought all the cases, power supplies and cooling systems already, show them to your customers. Are you insolvent, hoping to ponzi your way through orders in the future? Using money coming in from new suckers to build the products for old suckers ?
As an update to my customers, we will be importing the old database in over the next 72hrs, please expect an email when it has been done.
Nice! we are also waiting for this one! Got 2 completed orders at Minersource
When the first chips have been manufactured, it would be good to hear about how they're doing in tests.
Sidenote: I don't think anyone inclined to check will find anything in Chinese law that would prohibit taking money for pre-orders. Pre-order customers aren't "investors" -- they don't control a company (e.g. they don't elect a company's management). The laws in question specify how companies controlled by overseas capital can be formed over there.
Sidenote: I don't think anyone inclined to check will find anything in Chinese law that would prohibit taking money for pre-orders. Pre-order customers aren't "investors" -- they don't control a company (e.g. they don't elect a company's management). The laws in question specify how companies controlled by overseas capital can be formed over there.
Yeah, Everything is calm at my end. No great panic was reported at the meeting last week. Quite the contrary in fact.
Then I come on here, and it's all panic from a few individuals, like in OleOle's avatar.
The X1 & X2 are going to be fantastic. And that's just the beginning. I have a warehouse near Heathrow lined up for UK & EU distribution. I think we are going to see some great things from Black Arrow.
Then I come on here, and it's all panic from a few individuals, like in OleOle's avatar.
The X1 & X2 are going to be fantastic. And that's just the beginning. I have a warehouse near Heathrow lined up for UK & EU distribution. I think we are going to see some great things from Black Arrow.
great news! this is where you now post the link for the video of the prototype, and relative web screen showing hashrate.
exciting! video please.
Yeah, Everything is calm at my end. No great panic was reported at the meeting last week. Quite the contrary in fact.
Then I come on here, and it's all panic from a few individuals, like in OleOle's avatar.
The X1 & X3 are going to be fantastic. And that's just the beginning. I have a warehouse near Heathrow lined up for UK & EU distribution. I think we are going to see some great things from Black Arrow.
Then I come on here, and it's all panic from a few individuals, like in OleOle's avatar.
The X1 & X3 are going to be fantastic. And that's just the beginning. I have a warehouse near Heathrow lined up for UK & EU distribution. I think we are going to see some great things from Black Arrow.
I would like to go on record to say Im quite excited to know these are coming soon. I have faith in them, oh and look, Im a real customer (gasp)
ID Status Customer Date Total
#2670 Processed
xxx
07 Dec 2013, 12:01 $3,622.50
#2420 Processed
xxx
04 Dec 2013, 12:38 $3,622.50
ID Status Customer Date Total
#2670 Processed
xxx
07 Dec 2013, 12:01 $3,622.50
#2420 Processed
xxx
04 Dec 2013, 12:38 $3,622.50
I love it how only the fudsters who don't have an order with BA demanding refunds/screaming/crying.
This is like the whole bfl fiasco but with only a 2 month delay and no actual customers complaining.
And for those keeping record, the amount of people who successfully took legal action against bfl for delays on their preorder: zero.
This is like the whole bfl fiasco but with only a 2 month delay and no actual customers complaining.
And for those keeping record, the amount of people who successfully took legal action against bfl for delays on their preorder: zero.
I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
WHICH CONTRAVENES THE LAW IN MANY COUNTRIES. I AM IN THE UK AND THE LAW STATES THAT IF I HAVE NOT RECEIVED A PRODUCT AND WISH TO CANCEL, I CAN DO SO. ANY COMPANY REFUSING MY RIGHT TO REFUND IS ACTING AGAINST TRADING STANDARD LAWS.
Which only applies to UK companies and not ones based elsewhere
"Which only applies to UK companies and not ones based elsewhere"
Wrong - all companies selling goods and services in the UK are subject to UK law. UK law and consumers rights cannot be circumvented by the sole fact that a company may have a head office outside the UK. If you're doing business in the UK, you're subject to UK law.
I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
WHICH CONTRAVENES THE LAW IN MANY COUNTRIES. I AM IN THE UK AND THE LAW STATES THAT IF I HAVE NOT RECEIVED A PRODUCT AND WISH TO CANCEL, I CAN DO SO. ANY COMPANY REFUSING MY RIGHT TO REFUND IS ACTING AGAINST TRADING STANDARD LAWS.
Which only applies to UK companies and not ones based elsewhere
they already broke Chinese law by taking pre-orders from individuals;
Foreign-Invested Enterprises (FIEs):
China permits only four types of FIEs -- equity joint ventures (EJVs), cooperative (contractual) joint ventures (CJVs), wholly foreign-owned enterprises (WFOEs), and foreign-invested joint stock companies. A complicated set of rules exempts selected FIEs from some Customs duties and VAT. Companies should consult the relevant regulations.
Customs Contact Information
Beijing:
General Administration of Customs
Foreign Affairs Division
6 Jianguomenwai DaJie
Tel: 86-10-6519-5263 or 6519-5246
Fax: 86-10-6519-5394
Website: http: // www.customs.gov.cn
regards,
R
So this would be another delay of 1 week? You said tapeout would be this week 10-15/Feb?
On Jan 30 Black Arrow said this:
Quote
We have now finalized the design process using our newly improved code and will start manufacturing the chip (tape out) in the next few days.
so next few days turned out to be 3 weeks, hence it doesnt matter, they can say just about anything.
I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
WHICH CONTRAVENES THE LAW IN MANY COUNTRIES. I AM IN THE UK AND THE LAW STATES THAT IF I HAVE NOT RECEIVED A PRODUCT AND WISH TO CANCEL, I CAN DO SO. ANY COMPANY REFUSING MY RIGHT TO REFUND IS ACTING AGAINST TRADING STANDARD LAWS.
Which only applies to UK companies and not ones based elsewhere
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