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Topic: I have some money. Which ASIC should I order? (Read 2681 times)

legendary
Activity: 2271
Merit: 1363
January 29, 2013, 06:54:02 PM
#36
Are you sure that picobits.com and picostocks.com are affiliated ? Because if thats true i'm gonna go get some popcorn.
Thank you very much for catching my typing mistake. I'm going to fix my previous message.
I edited accordingly.
legendary
Activity: 2128
Merit: 1073
Are you sure that picobits.com and picostocks.com are affiliated ? Because if thats true i'm gonna go get some popcorn.
Thank you very much for catching my typing mistake. I'm going to fix my previous message.
legendary
Activity: 2271
Merit: 1363
Somebody with user id "tytus" had just kinda-sorta announced a Bitcoin-related ASIC project in a reply to me. The business is called and is located in Poland and Marshall Islands.

I wrote many times already that SHA-2 is essentially self-testing and one of the cheapest possible to test. Anyone claiming otherwise is incompetent or deceiving.

"Cheap" does not mean it is free. You have to plan the test in the project and order it. How else can You do a "self-test" on few thousand chips from 6 engineering run wafers?

I need to quote the signature too because it looks like the author is going to solicit money himself. It may be worth to keep eye on his business.
Quote from: tytus
PicoStocks.com, High-tech startup fundraising, evaluation and profit sharing

Correct. We are also working on an ASIC chip.

Are you sure that pico*****.com and picostocks.com are affiliated ? Because if thats true i'm gonna go get some popcorn.
legendary
Activity: 2128
Merit: 1073
Somebody with user id "tytus" had just kinda-sorta announced a Bitcoin-related ASIC project in a reply to me. The business is called picobits.com http://www.picostocks.com and is located in Poland and Marshall Islands.

I wrote many times already that SHA-2 is essentially self-testing and one of the cheapest possible to test. Anyone claiming otherwise is incompetent or deceiving.

"Cheap" does not mean it is free. You have to plan the test in the project and order it. How else can You do a "self-test" on few thousand chips from 6 engineering run wafers?

I need to quote the signature too because it looks like the author is going to solicit money himself. It may be worth to keep eye on his business.
Quote from: tytus
PicoStocks.com, High-tech startup fundraising, evaluation and profit sharing

Correct. We are also working on an ASIC chip.

Edit: corrected the stupid typo in the business name at the top.

Edit2: preserving the contact info from their web page.
Quote
The platform is operated by Picostocks Incorporated, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.
The IPO office is operated by BioInfoBank, Sw. Marcin 80/82 lok. 355, 61-809 Poznan, Poland.
E-mail: [email protected]
Phone: +48 618653520
Fax: +48 223001563
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Order from BFL, for Team Avalon are scammers: https://bitcointalksearch.org/topic/avalon-is-unfortunately-a-scam-here-is-why-139725

If they are not, I have invited them to sue me for libel. I'm good for at least a hundred grand, which would help in them sourcing some transistors.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Weren't you one of loudest complaining monkeys during the pirate fiasco?  Roll Eyes
I can't figure out who you're talking about.

It was directed at Mousepotato.
legendary
Activity: 952
Merit: 1000
Weren't you one of loudest complaining monkeys during the pirate fiasco?  Roll Eyes
I can't figure out who you're talking about.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Weren't you one of loudest complaining monkeys during the pirate fiasco?  Roll Eyes
mrb
legendary
Activity: 1512
Merit: 1028
Yeah, probably a big fluke... Smiley

spiccioli
Current diff is ~3.44 million. Estimated next diff is ~3.39 million. Bitcoin Charts don't show anything out of the ordinary. I think it'll be a lil more obvious than this when ASICs do hit.

sure crazyates, but a couple hours ago it was at 3.87 million from current 2.9 million...

This happens all the time. Look at the Bitcoin Charts link he posted. In the last week, the 8-hour average varied from 2.5 to 4 million, the 24-hour average varied from 2.8 to 3.4 million, etc. This is just normal statistical variation. Not a fluke.
legendary
Activity: 1274
Merit: 1000
Personal text my ass....
Here's my two nonce:

BTCFPGA - Gone tits up, issuing refunds as fast as they can. I have received my refund.

Avalon - This is obviously a scam.

DeepBit - Failed project, possibly also a scam.

Butterfly Labs - In regular communication with their customers. If I were buying now, I'd buy with them. I have an order with them that I have not requested a refund for.

If you are going to buy an ASIC, remember it's just for the adventure/academic pursuit of participating in the Bitcoin phenomena. Do not be fooled into using Bitcoin as an investment.

Avalon is a scam? What makes you say that?
member
Activity: 74
Merit: 10
Here's my two nonce:

BTCFPGA - Gone tits up, issuing refunds as fast as they can. I have received my refund.

Avalon - This is obviously a scam.

DeepBit - Failed project, possibly also a scam.

Butterfly Labs - In regular communication with their customers. If I were buying now, I'd buy with them. I have an order with them that I have not requested a refund for.

If you are going to buy an ASIC, remember it's just for the adventure/academic pursuit of participating in the Bitcoin phenomena. Do not be fooled into using Bitcoin as an investment.
hero member
Activity: 952
Merit: 1009
At this point, OP should just build their own ASIC.  Undecided

If I remember her right, she'd probably could do this too.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
At this point, OP should just build their own ASIC.  Undecided
legendary
Activity: 952
Merit: 1000
Was that thing EVER correct? Whenever I read about it, it's always spewing out tomorrow's weather or the lottery numbers or something.
I don't know about that. But when you google "Bitcoin current difficulty" and the first two results are that site and the wiki pointing to that site, I just went with it.
hero member
Activity: 952
Merit: 1009
Was that thing EVER correct? Whenever I read about it, it's always spewing out tomorrow's weather or the lottery numbers or something.
legendary
Activity: 952
Merit: 1000
Current diff is 2968775. I don't think spiccioli ever said 3.4 million, that was probably your mistake.
No, he was right before. The 'estimate' link above had it around 3.7m, and then down to 3.4 when I looked again. Seems to be back down to 2.9m where it belongs.
That's my point. Spiccioli seems to be correct here. Crazyates must have gotten some numbers mixed up.
Ya I'm getting mixed up. The diff is 2.9 million. But right now, http://blockexplorer.com/q/getdifficulty says that it's 3.37 million, which is different than the 3.44 million it was telling me a few minutes ago. Something's not right. Tongue
legendary
Activity: 1246
Merit: 1077
Current diff is 2968775. I don't think spiccioli ever said 3.4 million, that was probably your mistake.

No, he was right before. The 'estimate' link above had it around 3.7m, and then down to 3.4 when I looked again. Seems to be back down to 2.9m where it belongs.

That's my point. Spiccioli seems to be correct here. Crazyates must have gotten some numbers mixed up.
legendary
Activity: 1064
Merit: 1001
Current diff is 2968775. I don't think spiccioli ever said 3.4 million, that was probably your mistake.

No, he was right before. The 'estimate' link above had it around 3.7m, and then down to 3.4 when I looked again. Seems to be back down to 2.9m where it belongs.
legendary
Activity: 1246
Merit: 1077
Yeah, probably a big fluke... Smiley

spiccioli
Current diff is ~3.44 million. Estimated next diff is ~3.39 million. Bitcoin Charts don't show anything out of the ordinary. I think it'll be a lil more obvious than this when ASICs do hit.
sure crazyates, but a couple hours ago it was at 3.87 million from current 2.9 million...

spiccioli
Wait, what? You trying to say the current diff was 2.9 million a couple hours ago, and now it's 3.4 million? The current diff was calculated on the 23rd.

Current diff is 2968775. I don't think spiccioli ever said 3.4 million, that was probably your mistake.
legendary
Activity: 952
Merit: 1000
Yeah, probably a big fluke... Smiley

spiccioli
Current diff is ~3.44 million. Estimated next diff is ~3.39 million. Bitcoin Charts don't show anything out of the ordinary. I think it'll be a lil more obvious than this when ASICs do hit.
sure crazyates, but a couple hours ago it was at 3.87 million from current 2.9 million...

spiccioli
Wait, what? You trying to say the current diff was 2.9 million a couple hours ago, and now it's 3.4 million? The current diff was calculated on the 23rd.
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