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Topic: Supposed ASIC Scrypt Miner | Scrypt ASIC International - page 2. (Read 13031 times)

sr. member
Activity: 384
Merit: 250
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.

That was a very quick response to your email. The photo has now changed to a placeholder image. Impressive customer service.
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64

I am glad that you did.

I have emailed them, the image I have on here is linked to my gravatar, so I have not a clue how they would get it.

I have changed my gravatar email and password just in case.

And I can say right now, I did not make that post or having an connection to that site other than owning 10 shares on Cryptostocks. Besides, I have to busy running Extremecoin and getting services to mess about with a little wordpress site like they have.
legendary
Activity: 3108
Merit: 1359
Quote
As you can see it appears to have a standard GPU installed but the BIOS on it has been flashed and it is only used as part of the ASIC to Scrypt conversion.

It is this conversion technology that has enabled us to create a miner with the same kind of hashing power of a SHA-256 ASIC but for use on Scrypt based coins.

First working sample revealed:

sr. member
Activity: 384
Merit: 250
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.

It looks to me like you actually made that posting, not just a comment on it. Anyway I've taken some screenshots in case anything is changed.

http://scryptasic.org/?author=1
http://scryptasic.org/?p=64
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
I did comment on one of there posts on there.

As for my photo, no-one had better been using it anywhere else.

I chose to use my real photo for a reason.
hero member
Activity: 490
Merit: 501
scam.

/thread
sr. member
Activity: 384
Merit: 250
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

Just curious but why is your avatar picture the same as the one for "admin" on the scryptasic forum http://scryptasic.org/?p=64
legendary
Activity: 1512
Merit: 1000
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.

Well... yes, probably you can until they keep posting funny pictures. I guess they will try to pump share prices with more great news then dump and later "admit defeat" by saying something about unexpected technical issues Smiley. If they have some hardware (for demonstrating how hard they were working on the project) to show on the trial they can walk away at the end Smiley. But maybe my opinion is just pure paranoia  Roll Eyes.
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
Well I bought 10 of them, as I think I could make a profit off just the shares alone.

Not really bothered with the actual website/company/organisation or whatever they are.

Then again, I have loads of shares in most of the projects on cryptostocks, so this is just an extra one for me.

Any new users reading this, don't invest what you cannot afford to lose.
legendary
Activity: 1512
Merit: 1000
They issued 110K shares and currently selling 25K for 0.05 BTC each on Cryptostocks. I'm really curious how this will end.
full member
Activity: 178
Merit: 100
http://scryptasic.org/

500 Watt PSU pushing 50,000 Kh/s avg.

Feasibility of this?

/Discuss

I'd believe a fpga before a asic miner for scrypt. The design for an asic miner would take AMD, Nvidia and/or Intel fab and income to produce. Nothing is impossible, but more likely improbable...

and ARM
hero member
Activity: 572
Merit: 500
Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)

I guess you wont lose much for 1 share, 0.1btc and you will be the 1st person to own one as well. If they do have a 50MH machine running why not post up a video showing it hashing instead of a screenshot, it will give them 100x more credibilty.

Did you have any luck in meeting up with them, pretty sure I saw a post from you a while back trying to contact them as your in UK as well?
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
Well, take it how you will but they are now listed on cryptostocks.com

I will buy like 1 share just for the hell of it :-)
hero member
Activity: 572
Merit: 500
This company is a joke and trying to scam people, 1 look at the case with the GPU will tell the story, its just a standard videocard inside a SFF case and a hacked up cgminer screen, nothing more.

biggest giveaway is the Utility output: U:5.36/m, your telling me with 50,000kh/s it can only manage just over 5 shares per minute??

I'm 88.8% sure that videocard in that PC is a Powercolour 5870, same colour PCB and the heatsink pipe layout look identical as well, and the FAN shroud is placed in the middle if we had a front shot then will know.

Ref:





Compare to 50,000kh/s setup
-------------------------------------
hero member
Activity: 518
Merit: 500
http://scryptasic.org/

500 Watt PSU pushing 50,000 Kh/s avg.

Feasibility of this?

/Discuss

I'd believe a fpga before a asic miner for scrypt. The design for an asic miner would take AMD, Nvidia and/or Intel fab and income to produce. Nothing is impossible, but more likely improbable...
newbie
Activity: 48
Merit: 0
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Local host is right. They said they were solo mining.
Solo-mining with a difficulty of 459k, submitted tons of shares yet their best share was 88.1k?

Something isn't adding up...
hero member
Activity: 924
Merit: 1005
Product Marketing & Promotion / Software Developer
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Local host is right. They said they were solo mining.
newbie
Activity: 31
Merit: 0
That cgminer status screen... He couldn't even have bothered to photo-shop some of those stats... No way that the utility could be that low and the diff that high with scrypt.

50MHz on 500W for ~$2000 USD?

As much as I am having a difficult time coming up with a design for FPGA scrypt mining that will keep production cost relatively sane... there's no way you could produce an ASIC in such low volume for that sort of cost.
full member
Activity: 224
Merit: 100
Haha, clicked the link and immediately know it was scam (nice casing btw). You have to do better then that!!!
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
^

lol connected to localhost but somehow submitting shares?

Fucking hilarious
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