Great move.
Let us see what happens next. My guess some sort of Spondoolies like rebirth. Anyone else?
Topic: Novello Technologies new Mining System Project, prices as low as $0.3/GH - page 2. (Read 40562 times)
June 12, 2014, 05:46:38 AM
June 12, 2014, 05:39:21 AM
Good morning everyone,
Sadly, I won't be posting the second part of what I started writing yesterday, thanks to those of you that took the time to read it and for your comments. We had a meeting last night with our MD and she's asked me to post the following:
"Dear all,
After some discussions with my engineers and the other members of the company, I’ve decided to take a few steps in relation to the project, in the first instance, we’ll be contacting each of the individuals who donated to the Indiegogo campaign clarifying our position, how their donations will be refunded once the campaign ends, and our future plans. Our first responsibility is to the people who put money into the campaign albeit it not directly to us,and if you're one of them and haven’t received an email from us by close of business on Friday, please get in touch as soon as possible. We have not taken any other monies for those orders that were placed outside Indiegogo, and we apologise to those that tried to place them for the delays.
The second is to admit that in our excitement over the design of the technology and the models we developed to try and offer some new possibilities to customers, we clearly misjudged the level of disaffection for crowd-funding models, especially in the situation where the professional commitments of the majority of our group complicate the level of disclosure demanded by the community. We don’t disagree on the fact that the demand is partially justified in light of the many people who have lost money and time with previous ventures. A quick summary of the other threads in this forum suggest that those problems are sadly not a thing of the past, and so the current cynicism – while necessarily frustrating from our perspective – is understandable, and probably a good thing for the community as a whole in terms of weeding out unprofessional business practices.
As it is clear that the model is probably not sustainable for a project of this magnitude, our future attempts to bring our products to market will have to be through other means. From our perspective that is regrettable, as our intention was to have our backers interests at heart rather than those of investors, but in light of how things have gone in the last week or so, it’s clear that we’ll need to look at alternative models. There have been a few interesting ideas that have been suggested in this thread and others, and the individuals who have contributed those have our thanks – we’ll consider all those options as we consider the best way to bring our designs to market.
The third step will be to step away from discussing our campaign or designs on the forum, though I will encourage my engineers to occasionally contribute to technical discussions. Some of you who have read the proposal in its entirety, regardless of your opinion about the project itself, have noted that there’s plenty of sensible discussion about the feasibility of mining with the current state of play, and I think it’s to everyone’s benefit that those discussions keep happening. It's probably also worth reflecting on the tone and nature of the prospectus we put forward; funding would have been much easier to achieve with less pessimistic assessments of potential earnings using our equipment, and indeed with fewer warnings about the dangers of investing in any hardware-related project, and those concerned with legitimacy might consider reflecting on that point.
Many of you have no doubt settled down with the expectation of an angry set of back-and-forth around the accusations made against us, but we’ve seen enough exchanges of this sort to know that discourse of this sort on forums rarely leads to much productive discussion – especially when the overwrought interpretive efforts of some of the community do tend towards the paranoid (and do not appear limited to us, based on some of the suggestions made elsewhere). I will only gesture to the fact that in the space of a day several wildly different interpretations have been offered, threads begun in multiple places on the forums, and the whole thing accompanied by no less a claim than denial would equal guilt. Ponder for a moment exactly how one can proceed against kind of logic and you’ll appreciate our disinterest in engaging in a ‘discussion’ where the outcome has very much already been decided.
As we mentioned above, we’ll be contacting all the individuals who have contributed and inform them of the situation and the timetable for Indiegogo returning their donations to them [crucially, Indiegogo, not us, controls the finances for the campaign]. Rather unfortunately, evidence that our contributors have not been defrauded of a penny will come rather too late for it to be much more than a hollow victory for those who expressed interest or hope in the project. I can only apologise for letting you down. But for those that have phoned or emailed us – and indeed those who have offered reasonable discussion on the forum – we extend our thanks, and hope that whatever projects you do decide to back prove successful for you. If you do have any interest in how our efforts to pursue alternative funding turn out, let us know and we’ll be more than willing to communicate any news if and when we have it.
Olivia Walker
Managing Director
Novello Technologies Limited"
So there you have it. As Olivia said, we will try to keep those interested in our project up to date with what's happening, although from my past experiences with VC's they usually aren't very good at sharing.
Sadly, I won't be posting the second part of what I started writing yesterday, thanks to those of you that took the time to read it and for your comments. We had a meeting last night with our MD and she's asked me to post the following:
"Dear all,
After some discussions with my engineers and the other members of the company, I’ve decided to take a few steps in relation to the project, in the first instance, we’ll be contacting each of the individuals who donated to the Indiegogo campaign clarifying our position, how their donations will be refunded once the campaign ends, and our future plans. Our first responsibility is to the people who put money into the campaign albeit it not directly to us,and if you're one of them and haven’t received an email from us by close of business on Friday, please get in touch as soon as possible. We have not taken any other monies for those orders that were placed outside Indiegogo, and we apologise to those that tried to place them for the delays.
The second is to admit that in our excitement over the design of the technology and the models we developed to try and offer some new possibilities to customers, we clearly misjudged the level of disaffection for crowd-funding models, especially in the situation where the professional commitments of the majority of our group complicate the level of disclosure demanded by the community. We don’t disagree on the fact that the demand is partially justified in light of the many people who have lost money and time with previous ventures. A quick summary of the other threads in this forum suggest that those problems are sadly not a thing of the past, and so the current cynicism – while necessarily frustrating from our perspective – is understandable, and probably a good thing for the community as a whole in terms of weeding out unprofessional business practices.
As it is clear that the model is probably not sustainable for a project of this magnitude, our future attempts to bring our products to market will have to be through other means. From our perspective that is regrettable, as our intention was to have our backers interests at heart rather than those of investors, but in light of how things have gone in the last week or so, it’s clear that we’ll need to look at alternative models. There have been a few interesting ideas that have been suggested in this thread and others, and the individuals who have contributed those have our thanks – we’ll consider all those options as we consider the best way to bring our designs to market.
The third step will be to step away from discussing our campaign or designs on the forum, though I will encourage my engineers to occasionally contribute to technical discussions. Some of you who have read the proposal in its entirety, regardless of your opinion about the project itself, have noted that there’s plenty of sensible discussion about the feasibility of mining with the current state of play, and I think it’s to everyone’s benefit that those discussions keep happening. It's probably also worth reflecting on the tone and nature of the prospectus we put forward; funding would have been much easier to achieve with less pessimistic assessments of potential earnings using our equipment, and indeed with fewer warnings about the dangers of investing in any hardware-related project, and those concerned with legitimacy might consider reflecting on that point.
Many of you have no doubt settled down with the expectation of an angry set of back-and-forth around the accusations made against us, but we’ve seen enough exchanges of this sort to know that discourse of this sort on forums rarely leads to much productive discussion – especially when the overwrought interpretive efforts of some of the community do tend towards the paranoid (and do not appear limited to us, based on some of the suggestions made elsewhere). I will only gesture to the fact that in the space of a day several wildly different interpretations have been offered, threads begun in multiple places on the forums, and the whole thing accompanied by no less a claim than denial would equal guilt. Ponder for a moment exactly how one can proceed against kind of logic and you’ll appreciate our disinterest in engaging in a ‘discussion’ where the outcome has very much already been decided.
As we mentioned above, we’ll be contacting all the individuals who have contributed and inform them of the situation and the timetable for Indiegogo returning their donations to them [crucially, Indiegogo, not us, controls the finances for the campaign]. Rather unfortunately, evidence that our contributors have not been defrauded of a penny will come rather too late for it to be much more than a hollow victory for those who expressed interest or hope in the project. I can only apologise for letting you down. But for those that have phoned or emailed us – and indeed those who have offered reasonable discussion on the forum – we extend our thanks, and hope that whatever projects you do decide to back prove successful for you. If you do have any interest in how our efforts to pursue alternative funding turn out, let us know and we’ll be more than willing to communicate any news if and when we have it.
Olivia Walker
Managing Director
Novello Technologies Limited"
So there you have it. As Olivia said, we will try to keep those interested in our project up to date with what's happening, although from my past experiences with VC's they usually aren't very good at sharing.
June 11, 2014, 06:43:43 PM
I will wait for an actual product and buy it, if you get there. I've also been looking at ASIC for scrypt and they seem to be in FAIL mode. The pre-order bullshit is too much. I really hope that you do release a product that has the specs that you claim. It will be a miners orgasm. Good luck. Anyway back to lurking.
June 11, 2014, 05:47:52 AM
Great information.
Got any data to share on your products?
Got any data to share on your products?
June 11, 2014, 05:37:13 AM
Good Morning everyone,
Again I'm under some time constraints today so I wont have time to fully explore the implcations of what I started in my post yesterday.
I do see that my new best friend Mr Gage has again been busy, seem he can't quite make us him mind as to who he wants to accuse us of being or doing. He really doesn't seem to grasp the concept of limited company structure - just because you've got a business address in an area doesn't mean to say that any of your directors or employees live there, so to make wild leaps of logic that someone who shares a name with a convicted criminal in that area must be that person are absurd. Can't wait to see his next claim, what will it be? That we started the Second World War, shot JFK or perhaps were solely responsible for the 18th century slave trade?
So the return to the real world, yesterday I showed how to calculate what a mining rig will earn on a daily or monthly basis, and what that means for how much you should pay for it. There seems to be a lot of opinions that very soon it might not be possible for people to mine at home or independently due to the growth in the network hash rate. Certainly 'small time' miner face challenges, but htey're not impossible to overcome.
In earlier posts, Mr. Canary said that Asicminer have 60PH of capacity in the process of being built, and I've no reason to doubt him. Whether that's on their own account or simply guessing it from chip sales he didn't say. it's a fair old lump of capacity, that's for sure but I doubt that it could be deployed in a period of less than two months. Canary also said there is a lot more to come, namely 1500PH in the next year. To fund that amount based on rough calculations we've done about the likely system costs you would need approximately $600,000,000, and thats not including the costs of actually getting the capcity inot a data centre, setting it up and paying for the rental and so on. That's an awful lot of cash. You might argue that they'll be earning tons of Btc from the earlier capacity they put in, but as difficulty goes up earnings go down and so it takes longer and longer to pay for you initial purchase.
And of course Asicminer aren't the only show in town. So let's assume that come September the network grows by 60PH a month, starting at 185PH. The full chart hasn't been shown so it can fit in and be legible, but it assumes continuous growth at 60 PH/month.
What you can see is that all starts well, a 4TH rig installed in September with a J/Gh rating of 0.7 will earn $6409 in it's first year - fantastic! It will cost $1600 to manufacture, about $350 to ship and install. the Electricity cost has already been accounted for at $0.04/kWh. However, it's share of the maintenance and operations costs of the data centre will come out at about $80 per month, and someone has to pay for the initial setup and configuration of the data centre, so take another $250 per system out of that. So the total costs per system in the first year are: $1600+12x$80 + $350 + $250 per system, ie $3160. Subtract that from the $6409 and you get $3249. Not bad at all.
However, for machines installed in October the net yearly earnings drop to $2095, and by December to $795. Still a profit, but you can see where this is going, and the network rate is 'only' at 385PH. A machine installed in April 2015 will barely break even. Yes, it will continue to make money in it's second year, but the return on investment is looking decidedly shaky.
Of course, BTC might go up in value. It might also fall, who really knows.
The point to all this is that sometimes people are afraid of the demons others conjure up to scare them. Unless you do a comprehensive analysis of their facts and figures, which for many is difficult because they don't have access to the necessary information, then you get stuck in a situation where fear rules the day.
I'm short of time again today, so tomorrow I'll look at how individual miners might cope with the situation I've described.
Again I'm under some time constraints today so I wont have time to fully explore the implcations of what I started in my post yesterday.
I do see that my new best friend Mr Gage has again been busy, seem he can't quite make us him mind as to who he wants to accuse us of being or doing. He really doesn't seem to grasp the concept of limited company structure - just because you've got a business address in an area doesn't mean to say that any of your directors or employees live there, so to make wild leaps of logic that someone who shares a name with a convicted criminal in that area must be that person are absurd. Can't wait to see his next claim, what will it be? That we started the Second World War, shot JFK or perhaps were solely responsible for the 18th century slave trade?
So the return to the real world, yesterday I showed how to calculate what a mining rig will earn on a daily or monthly basis, and what that means for how much you should pay for it. There seems to be a lot of opinions that very soon it might not be possible for people to mine at home or independently due to the growth in the network hash rate. Certainly 'small time' miner face challenges, but htey're not impossible to overcome.
In earlier posts, Mr. Canary said that Asicminer have 60PH of capacity in the process of being built, and I've no reason to doubt him. Whether that's on their own account or simply guessing it from chip sales he didn't say. it's a fair old lump of capacity, that's for sure but I doubt that it could be deployed in a period of less than two months. Canary also said there is a lot more to come, namely 1500PH in the next year. To fund that amount based on rough calculations we've done about the likely system costs you would need approximately $600,000,000, and thats not including the costs of actually getting the capcity inot a data centre, setting it up and paying for the rental and so on. That's an awful lot of cash. You might argue that they'll be earning tons of Btc from the earlier capacity they put in, but as difficulty goes up earnings go down and so it takes longer and longer to pay for you initial purchase.
And of course Asicminer aren't the only show in town. So let's assume that come September the network grows by 60PH a month, starting at 185PH. The full chart hasn't been shown so it can fit in and be legible, but it assumes continuous growth at 60 PH/month.
What you can see is that all starts well, a 4TH rig installed in September with a J/Gh rating of 0.7 will earn $6409 in it's first year - fantastic! It will cost $1600 to manufacture, about $350 to ship and install. the Electricity cost has already been accounted for at $0.04/kWh. However, it's share of the maintenance and operations costs of the data centre will come out at about $80 per month, and someone has to pay for the initial setup and configuration of the data centre, so take another $250 per system out of that. So the total costs per system in the first year are: $1600+12x$80 + $350 + $250 per system, ie $3160. Subtract that from the $6409 and you get $3249. Not bad at all.
However, for machines installed in October the net yearly earnings drop to $2095, and by December to $795. Still a profit, but you can see where this is going, and the network rate is 'only' at 385PH. A machine installed in April 2015 will barely break even. Yes, it will continue to make money in it's second year, but the return on investment is looking decidedly shaky.
Of course, BTC might go up in value. It might also fall, who really knows.
The point to all this is that sometimes people are afraid of the demons others conjure up to scare them. Unless you do a comprehensive analysis of their facts and figures, which for many is difficult because they don't have access to the necessary information, then you get stuck in a situation where fear rules the day.
I'm short of time again today, so tomorrow I'll look at how individual miners might cope with the situation I've described.
June 10, 2014, 09:50:27 PM
Not sure I understand what 'fragmentary results' you would like to see?
It would be best for you if you've reviewed the posts from bitfury. It was his first ASIC and he went directly into full custom. See how he dealt with disbelievers. You can just read his English posts although his detractors were mostly posting in Russian and his responses were in Russian too.Basically, we want to see that there is a real technical depth in your organization. What we don't want to see is another Cointerra, where the "dream team" was really part-timers that quickly disassociated themselves from the CEO and the only technical person left was some German guy on a temporary visa in the USA.
Your post, while quite good overall, essentially looks like a case study done by an MBA student.
Edit: You can also review Spondoolies-Tech posts. The forum account is mostly manned by
Edit2: some grammar fixes
You might want to start showing your cards technically you are clearly losing the PR war. Time to listen to 2112 and show the slide-rules what you really have if you have anything that is. Pretty documents are one thing having some clear "results" that the engineers here can pour over and determine if you have a viable concept or not is what you have to do now. No one on these boards is going to give you a pass. Extraordinary claims require extraordinary evidence was a phrase made popular by Carl Sagan let us see what evidence you can provide.
June 10, 2014, 09:14:02 PM
Once again, Gordon Grainger has foiled their elaborate scam..
Thanks to Gordon Boy, Cryptocoins News is now taking a mighty big hit: https://bitcointalksearch.org/topic/cryptocoins-news-may-be-harming-the-bitcoin-community-with-their-brand-647683
June 10, 2014, 08:54:26 PM
Once again, Gordon Grainger has foiled their elaborate scam..
June 10, 2014, 08:47:00 PM
http://news.stv.tv/west-central/107195-jail-for-businessman-who-ran-counterfeiting-operation/
Quote
A businessman whose company has been jailed for five years and eight months for running a counterfeiting operation while his business was failing.
The High Court in Glasgow heard that John Farrell, 51, sourced specialist paper and inks and forged hundreds of thousands of pounds of counterfeit money when his IT business got into financial difficulties.
He recruited his son Craig, 23, who used his skills to improve the quality of the fake cash.
The printing enterprise set up in Farrell's IT company in East Kilbride managed to produce counterfeit £10 and £20 Royal Bank of Scotland and Bank of Scotland notes, which experts described as of "extremely good" quality.
Strathclyde Police and Serious Organised Crime Agency officers found numerous sheets of paper with front and rear images of the notes on them. They also found a considerable quantity of Royal Bank of Scotland and Bank of Scotland £10 notes at various stages of completion. The court heard that they were able to print between 15 and 25 £20 notes an hour at the premises.
John Farrell's lawyer said said that his client: "Feels shame and embarrassment at what he has brought on his family. It will adversely affect his his wife and daughter and his sons."
Jailing Farrell, judge Lord Turnbull told him that he had used his intelligence to build up a successful business and an affluent lifestyle. But added: "You then chose to put your business skills to criminal use. It is clear considerable research and application would have be needed to initiate this exercise."
Craig Farrell was jailed for two years and nine months. His brother Paul Farrell, 20, and employee Gordon Grainger, 20, who passed off counterfeit cash as genuine in shops were each ordered to perform 300 hours community service.
The High Court in Glasgow heard that John Farrell, 51, sourced specialist paper and inks and forged hundreds of thousands of pounds of counterfeit money when his IT business got into financial difficulties.
He recruited his son Craig, 23, who used his skills to improve the quality of the fake cash.
The printing enterprise set up in Farrell's IT company in East Kilbride managed to produce counterfeit £10 and £20 Royal Bank of Scotland and Bank of Scotland notes, which experts described as of "extremely good" quality.
Strathclyde Police and Serious Organised Crime Agency officers found numerous sheets of paper with front and rear images of the notes on them. They also found a considerable quantity of Royal Bank of Scotland and Bank of Scotland £10 notes at various stages of completion. The court heard that they were able to print between 15 and 25 £20 notes an hour at the premises.
John Farrell's lawyer said said that his client: "Feels shame and embarrassment at what he has brought on his family. It will adversely affect his his wife and daughter and his sons."
Jailing Farrell, judge Lord Turnbull told him that he had used his intelligence to build up a successful business and an affluent lifestyle. But added: "You then chose to put your business skills to criminal use. It is clear considerable research and application would have be needed to initiate this exercise."
Craig Farrell was jailed for two years and nine months. His brother Paul Farrell, 20, and employee Gordon Grainger, 20, who passed off counterfeit cash as genuine in shops were each ordered to perform 300 hours community service.
June 10, 2014, 08:38:42 PM
http://www.cryptocoinsnews.com/news/novello-technologies-begins-funding-ultra-low-cost-bitcoin-mining-rigs/2014/06/04
The fucker wants to play games, we'll play, for Novello was asked pointblank who Gordon was, and he refused to answer the question, but now we find it elsewhere - Gordon Grainger.
Quote
In looking at established and new manufacturers, I had run across Novello’s posts in the BitcoinTalk forum about developing a new low cost, high output performance Bitcoin / SHA-256 miner. I contacted them to find out more about it all. Gordon Grainger promptly got back to me, and I have been in touch with Gordon and Novello ever since, keeping an eye on their progress. The concept behind Novello is simple, and Gordon’s own words embody it better than I could.
Gordon of Novello:
Gordon of Novello:
Quote
Our whole ‘ethos,’ if you will is to try to get mining back in the hands of the amateurs. I’ve done quite a bit of snooping around, and I reckon that at least 85 – 90% of the network power is held by what I would call professional miners, i.e., those with more than 10TH of power. That’s not good for the network, and it’s a powerful deterrent to new miners wanting to participate. I’ve been speaking to one guy in the US who has over $3.5m worth of mining kit from Hashfast and Cointerra, and he seems to enjoy a very cozy relationship with both which in this unusual market makes me very nervous. He’s not alone, and the big players get deals the little guys can’t access which just makes the whole situation worse. He’s had some sparse details about the project, and to my mind has tried very hard to dissuade us from going ahead with it. Wonder why that is?
The fucker wants to play games, we'll play, for Novello was asked pointblank who Gordon was, and he refused to answer the question, but now we find it elsewhere - Gordon Grainger.
June 10, 2014, 08:25:15 PM
next ken slaughter? or labcoin team?
amt?
wall of well crafted text and 0 technical answers.
summer 2013 bullshit preorder times are ended
sorry you are late for the party, now only whales can play this game
crumbs from community are out of your range too
so please delete your fresh account, forget about this forum and start creating roulette guides with refferar links.
you and your dreams/ideas/wasted time means nothing here.
sorry.
amt?
wall of well crafted text and 0 technical answers.
summer 2013 bullshit preorder times are ended
sorry you are late for the party, now only whales can play this game
crumbs from community are out of your range too
so please delete your fresh account, forget about this forum and start creating roulette guides with refferar links.
you and your dreams/ideas/wasted time means nothing here.
sorry.
Well, thanks for the compliment on our proposal. Nice to know that you at least read it, but it would be helpful to get some detailed feedback as to what you think is missing technically?
sorry for late reply
this is scam and you are doing tricks to avoid prison (not denying bruno accusations, avoid lying)
plan is clear, get money as much as possible (using rented office/hours payment and fresh ltd)
spend money on salaries, promotion etc... just pump money out
declare bankrupcy after few documented failed designs
all legit
and now this... shortly is december lol
I'm sure that the contributors to this thread have amply answered your question, but I'd still assure you that there is a lot of life left in the USB miner concept yet, especially in view of the comment made by WetSeals about people that would like to mine, but have very limited funds, or that made by MiningSensei about how he built up his hashing power ....
Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.
Does that proposition make sense to you?
Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.
Does that proposition make sense to you?
good job bruno.
i was scammed at block erupter times, 6 btc lost
so i am fighting with all this shit
You're welcome, bud.
Hey, Novello, don't forget to vote so that there'll be at least one NO vote: https://bitcointalksearch.org/topic/novello-technologies-ltds-ceo-is-the-convicted-fraudster-alan-ralsky-647206
Better yet, offer up some paid campaign to your paid Facebook followers to vote NO, thus really sticking it up my ass. And, tell those guys in the office that have a combined 150 years experience under their belt to vote also. And, your friends and family, and their friends and family, too.
June 10, 2014, 07:57:19 PM
next ken slaughter? or labcoin team?
amt?
wall of well crafted text and 0 technical answers.
summer 2013 bullshit preorder times are ended
sorry you are late for the party, now only whales can play this game
crumbs from community are out of your range too
so please delete your fresh account, forget about this forum and start creating roulette guides with refferar links.
you and your dreams/ideas/wasted time means nothing here.
sorry.
amt?
wall of well crafted text and 0 technical answers.
summer 2013 bullshit preorder times are ended
sorry you are late for the party, now only whales can play this game
crumbs from community are out of your range too
so please delete your fresh account, forget about this forum and start creating roulette guides with refferar links.
you and your dreams/ideas/wasted time means nothing here.
sorry.
Well, thanks for the compliment on our proposal. Nice to know that you at least read it, but it would be helpful to get some detailed feedback as to what you think is missing technically?
sorry for late reply
this is scam and you are doing tricks to avoid prison (not denying bruno accusations, avoid lying)
plan is clear, get money as much as possible (using rented office/hours payment and fresh ltd)
spend money on salaries, promotion etc... just pump money out
declare bankrupcy after few documented failed designs
all legit
and now this... shortly is december lol
I'm sure that the contributors to this thread have amply answered your question, but I'd still assure you that there is a lot of life left in the USB miner concept yet, especially in view of the comment made by WetSeals about people that would like to mine, but have very limited funds, or that made by MiningSensei about how he built up his hashing power ....
Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.
Does that proposition make sense to you?
Our company will shortly be offering a 100GH/sec capable USB miner (to get that it has to use the included AC adapter) at substantially under US$75, and no, that's not a misprint. 100 GH/sec at under US$75.
Does that proposition make sense to you?
good job bruno.
i was scammed at block erupter times, 6 btc lost
so i am fighting with all this shit
June 10, 2014, 05:55:57 PM
i will watch this with popcorn/nachos and sprite.
This is interesting.
This is interesting.
June 10, 2014, 01:13:12 PM
Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Novello Technologies is run by none other than this guy: http://en.wikipedia.org/wiki/Alan_Ralsky
Quote
Name: novello
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
Quote
SLR International Corporation
22118 20th Ave SE g202
Bothell, WA 98021
United States
22118 20th Ave SE g202
Bothell, WA 98021
United States
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
Quote
Spotz @Spotz
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
Quote
(HQ)
22122 20th Avenue Se
Bothell, WA 10245
22122 20th Avenue Se
Bothell, WA 10245
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
Well you can read our silence on the matter in various ways. It's up to you to make up your own mind, not up to me or indeed Mr. Gage to tell you what to think. Having a domain name registered with the same registrar as many thousand other people does not make you that person. Not in the reality I inhabit at any rate.
Obviously, Novello Technologies Limited (Novello Technologies Ltd) is having difficulties destroying their own brand, thus leaving it up - once again - to their fellow Bitcoiners to lend a hand, of which we've (I) obliged: https://bitcointalksearch.org/topic/novello-technologies-ltds-ceo-is-the-convicted-fraudster-alan-ralsky-647206.
You want to come here and play via showing your shitty website, a cleverly penned and defended prospectus presented on a forum (of all places), and refuse to name principals, as well as avoiding important concerns, then let's play. As you can clearly see, I'm willing and able to participate.
Game on!
~Bruno Kucinskas
June 10, 2014, 12:19:09 PM
Quote
Well you can read our silence on the matter in various ways. It's up to you to make up your own mind, not up to me or indeed Mr. Gage to tell you what to think. Having a domain name registered with the same registrar as many thousand other people does not make you that person. Not in the reality I inhabit at any rate.
You're absolutely correct in that I can read it in multiple ways. This is exactly my point. People can and will read your silence in multiple ways.Your statement about multiple people using the same registrar is valid, and one with which I agree. To be honest, I'm trying very hard to understand how PG managed to get to his conclusion, but I'm failing. I'm sure he'll be back in this thread, and hopefully he can explain, for those of us unable to follow his steps, how he made the conclusion he did.
By the way, that doesn't mean I'm going to relent on my requests for you to proudly display the credentials of your leadership
June 10, 2014, 12:09:39 PM
Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Novello Technologies is run by none other than this guy: http://en.wikipedia.org/wiki/Alan_Ralsky
Quote
Name: novello
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
Quote
SLR International Corporation
22118 20th Ave SE g202
Bothell, WA 98021
United States
22118 20th Ave SE g202
Bothell, WA 98021
United States
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
Quote
Spotz @Spotz
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
Quote
(HQ)
22122 20th Avenue Se
Bothell, WA 10245
22122 20th Avenue Se
Bothell, WA 10245
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
Well you can read our silence on the matter in various ways. It's up to you to make up your own mind, not up to me or indeed Mr. Gage to tell you what to think. Having a domain name registered with the same registrar as many thousand other people does not make you that person. Not in the reality I inhabit at any rate.
June 10, 2014, 11:44:42 AM
Well looks like they keep getting closer and closer to their fund goal:
https://www.indiegogo.com/projects/ultra-low-cost-bitcoin-mining-systems--2
Only $4,194,003 to go!
Wonder which dumdum is going to spring for the Supernova 120 TH/s miner for a cool $30,000?!!
https://www.indiegogo.com/projects/ultra-low-cost-bitcoin-mining-systems--2
Quote
$5,997USD
RAISED OF $4,200,000 GOAL
RAISED OF $4,200,000 GOAL
Only $4,194,003 to go!
Wonder which dumdum is going to spring for the Supernova 120 TH/s miner for a cool $30,000?!!
June 10, 2014, 11:39:48 AM
Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
..............
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
..............
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
How can he do that if he refuses to reveal his team?
Multiple times throughout this thread people have asked for some information regarding the Novello team. While some of those requests were too much, others, like my own, were to get an understanding of key leaders. I even went as far as to provide examples of many companies and how they give out this information freely. Others provided examples of multiple ASIC hardware manufacturers (Spondoolies, etc).
Thus far, Novello has evaded providing this information. Now, they are being outright accused of being run by a convicted fraudster/scam artist. I'm asking them, yet again, to provide evidence of who they are such that they might prove they are indeed capable of not only running a company, but also producing the hardware they are trying to sell.
June 10, 2014, 11:03:18 AM
Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
..............
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
..............
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
How can he do that if he refuses to reveal his team?
June 10, 2014, 10:50:14 AM
Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
Novello Technologies is run by none other than this guy: http://en.wikipedia.org/wiki/Alan_Ralsky
Quote
Name: novello
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Posts: 112
Activity: 112
Position: Member
Date Registered: January 15, 2014, 04:20:49 AM
Last Active: Today at 03:23:31 AM
Looks like they no want to get into a pissing contest with old, toothless Phinn.
I'm going to be outta pocket the rest of the day, so I might as well play this card now.
You know who else has an entity at the same address as Novello? This guy: http://www.spamhaus.org/rokso/evidence/ROK1310/alan-ralsky/partners-in-spam-rayed-esseily-stuart-l.-ralsky
Where the hell you get this from?
I was really against this from the beginning as this just smell from mile away.
But this?
Is it really the same guy behind it or just pure luck to match them two at same details?
http://www.slrconsulting.com/us/locations-map/?l=eu
https://www.google.co.uk/maps/place/SLR+Consulting+Ltd/@55.867166,-4.273208,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0xccadfb09f37807b9
https://www.google.co.uk/maps/place/SLR+International+Corporation/@47.796974,-122.206792,17z/data=!3m1!4b1!4m2!3m1!1s0x0:0x4bfce0d8f0da8443
Quote
SLR International Corporation
22118 20th Ave SE g202
Bothell, WA 98021
United States
22118 20th Ave SE g202
Bothell, WA 98021
United States
http://www.thegeologistsdirectory.com/companydetails.aspx?id=5027
https://opencorporates.com/officers/38052370
https://www.linkedin.com/in/spotz
https://twitter.com/Spotz/status/412191125651587072
Quote
Spotz @Spotz
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
Crypto Currency, Finance and Social Media Development Specialist. #Bitcoin #SocialMedia #FX
RETWEET
1
Mandy Tse
6:03 AM - 15 Dec 2013
http://www.spoke.com/companies/perfectest-corp-3e122f809e597c10033b0a33
Quote
(HQ)
22122 20th Avenue Se
Bothell, WA 10245
22122 20th Avenue Se
Bothell, WA 10245
http://perfectest.com/
Visit our PCB discussion area: http://perfectest.com/pcbforums/
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
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