long time lurker/miner here,just found a commercial mining device,is this real ?

ercolinux

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Quote from: bitcon on July 16, 2011, 05:19:21 PM

WOW, $200 - $250 per 500Mhash? 250x12=$3000
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Quote

Proper cooling is required for each child board to reach stability and we are working on a solution right now.

Price for the board remains to be defined but it will be probably in the 200-250$ range for each child board, plus the cost of the mainboard and necessary components.

That's points can add easily another 3-4000$ to your calculation. Overall a 6GHash/s rigs can pay itself in 8-9 months even if BTC drops to 10$ and difficulty doubles

bitcon

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WOW, $200 - $250 per 500Mhash? 250x12=$3000
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The general mining device setup will consist of a mainboard with up to 10-12 DIMM slots for the ASIC boards, each one reaching a speed of about 500 Mhash\s.

We are running some prototype devices at about 6-8 Ghash\s on our test network to stress test the boards.

Proper cooling is required for each child board to reach stability and we are working on a solution right now.

Price for the board remains to be defined but it will be probably in the 200-250$ range for each child board, plus the cost of the mainboard and necessary components.

The design is intended to be modular and easily scalable.

Power usage data will be released with the full specifications in the next few days.

Cheers!

The asicminer.net Team

JoelKatz

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Democracy is vulnerable to a 51% attack.

Some of their text looked a little bit suspicious to me. It seemed like there were technical inaccuracies that wouldn't happen if they were real. But it's always possible the text isn't written by the technical guys, and there's also the language barrier. So who knows. I wouldn't front them any money though, at least not without something more solid.

c_k

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Quote from: Smalleyster on July 01, 2011, 12:14:43 AM

Quote from: sadpandatech on June 30, 2011, 11:01:32 PM

"They had me on board until, Guandong, China."

DING!

What exactly do you mean?

Smalleyster

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I yam what I yam. - Popeye

Quote from: sadpandatech on June 30, 2011, 11:01:32 PM

"They had me on board until, Guandong, China."

DING!

sadpandatech

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Hopefully I'm not the only one who missed this at first. If you click ont he title of their post there it show the entire thing...
http://asicminer.net/?p=6 or you can go directly to it. No info as of it but they do say they will have pricing in a few days and offer a contact email to ask questions to..

f41lover

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All your random numberz 'r belong to us

I will keep an eye on this website, it smells anyway.

cbeast

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Let's talk governance, lipstick, and pigs.

"We are a team of four foreign specialists in the field of electronic engineering headquartered in Shenzhen..." ZOMG! they are FOREIGN! Roll Eyes

f41lover

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All your random numberz 'r belong to us

Quote from: BitcoinHoarder on June 30, 2011, 10:56:38 PM

You are asking IF it can be real? Of course it can be real. Hashing sha256 is extremely straightforward. ASIC just require a lot of upfront cash to design.

Can it be real that in China they can do it for the cheap ? and what's the catch with Guandong ? as much as i know it is one of the areas in china where they mass produce almost anything electronics.

sadpandatech

hero member

Activity: 504

Merit: 500

Truely, 'could' be real. It would be nice if they would have atleast teased us with some numbers or some such.
My gut though, says, "They had me on board until, Guandong, China."

BitcoinHoarder

full member

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You are asking IF it can be real? Of course it can be real. Hashing sha256 is extremely straightforward. ASIC just require a lot of upfront cash to design.

f41lover

member

Activity: 63

Merit: 10

All your random numberz 'r belong to us

LOL, do you think is it a scam ?

f41lover

member

Activity: 63

Merit: 10

All your random numberz 'r belong to us

I was searching for `asic mining` on google and came up with this : http://asicminer.net
what do you guys think ? can this be real ? and can somebody create a topic in a more appropriate section ?
im a long time lurker on this forum, but never posted anything Cheesy

Topic: long time lurker/miner here,just found a commercial mining device,is this real ? (Read 1156 times)