A 100% MPP will be made available to the first 10,000 bitcoiners who pre-order any of our miners.
Also, full refunds will be made available via the exact means payment was made. If via BTC, they we will refund at an exchange rate that's favorable to our customers, regardless of the exchange rate. The reason we are able to do this is because we believe there will be few refund request since we WILL deliver on time. In fact, to date we have had not a single refund request.
There will not be any renderings on our site--ONLY actual completed models. Any renderings you may see now are only placeholders for the real McCoy.
Currently, we're toying with an entry level model, but need help in naming it. Please let us know if you favor Rex (as in the dinosaur) or Violet (as in the flower). As of now, it's codenamed Omega, as in the Star Trek Voyager series.
Topic: PhotonicMining – Official Thread - page 2. (Read 4543 times)
Can someone with some default trust light this up please?
I anointed myself to take on this task and make this company viable.
Have you been quintuple vetted, though, eg by Tradefortess or maybe Dank?
Can someone with some default trust light this up please?
I anointed myself to take on this task and make this company viable.
confirmed to be a IPO scam. oneFive has never heard of you or done business with you.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
Let's play nice, now. It took all I had to make this a non self-moderated thread. Let's don't ruin it for the new players we're hoping to bring in.
looks like a website rip of coinbase besides the scam part
Just a placeholder. Our website will be the bestest once it's completed in two weeks. We'll even have a forum where everybody and anybody can state whatever they desire without fear of being banned, within reason of course.
confirmed to be a IPO scam. oneFive has never heard of you or done business with you.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
PhotonicMining will have a statement coming out very shortly on this, whereupon you'll learn it was just a misunderstanding.
So you are asking for funding to try to create bitcoin mining tech based on photonics? ...
We'd want physical proof of your claims since you claim to have created a prototype?
Only last summer a transistor was created in Vienna, so how do you go from that in 1 yr to fully functioning device with tens of thousands of such transistors? All in 1 yr?
I know!! The aliens are getting into bitcoin mining tech now... /sarc
We'd want physical proof of your claims since you claim to have created a prototype?
Only last summer a transistor was created in Vienna, so how do you go from that in 1 yr to fully functioning device with tens of thousands of such transistors? All in 1 yr?
I know!! The aliens are getting into bitcoin mining tech now... /sarc
You'll see when our miners come out in October, of which they will not be late like other unnamed entities.
PhotonicMining here (http://www.photonicmining.com).
First of all, thank you for the interest in our company.
We apologize for not having opened an official thread here earlier, but we have been overflown with inquiries.
We would like to clarify who we are and address some accusations.
1) We are a young startup which developed a new kind of rudimental photonic transistor. Despite its size being considerably bigger (2,000 nm) than electric ones, overall it can achieve faster computational speeds because of the faster switching time (i.e. the time the transistor takes to switch from 0 to 1).
During 2013 we implemented a simple SHA-256 core circuit ( http://en.wikipedia.org/wiki/File:SHA-2.svg ). The prototyping costs are very high and the best way to grow faster than our competitors is to IPO and to follow a pre-orders based strategy which will enable us to extend this technology to building full-fledged mining chips.
2) Too good to be true?
We want to be very clear on the fact that we did not build our advertised products yet. The numbers are too good to be true because, in fact, they do not exist yet.
The only exception being our SHA-256 core running at 2 GH/s which has been successfully built and tested. We are impressed with the results and we can't wait to raise enough money to be able to replicate it thousands of times on a chip in order to achieve the advertised speeds. This will be a tortuous road, but the numbers and our beliefs are both telling us that we will make it.
We would like to comment the following chart: http://bitcoin.sipa.be/speed-ever.png
In the last year the hash rate has been growing 100 fold every 6 month.
We plan to ship the first products by September/October 2014, roughly 6 months from now. If the total hashing rate keeps rising at the current pace, we will reach speeds of 3,000,000 TH/s by then.
With a hashing rate of 25 TH/s (our mid-sized miner) we'd be able to mine 0.03 BTC per day (about 19$). However, we believe the hashing rate will grow slower than it did in the last year and therefore we might expect a higher return of investment.
We think we priced our products in a fair way which incorporates manufacturing delays, uncertainties and unknown future hashing rates.
We remain available for other clarifications. We are also working on a video explaining our technology. We hope to be able to share it with you soon.
First of all, thank you for the interest in our company.
We apologize for not having opened an official thread here earlier, but we have been overflown with inquiries.
We would like to clarify who we are and address some accusations.
1) We are a young startup which developed a new kind of rudimental photonic transistor. Despite its size being considerably bigger (2,000 nm) than electric ones, overall it can achieve faster computational speeds because of the faster switching time (i.e. the time the transistor takes to switch from 0 to 1).
During 2013 we implemented a simple SHA-256 core circuit ( http://en.wikipedia.org/wiki/File:SHA-2.svg ). The prototyping costs are very high and the best way to grow faster than our competitors is to IPO and to follow a pre-orders based strategy which will enable us to extend this technology to building full-fledged mining chips.
2) Too good to be true?
We want to be very clear on the fact that we did not build our advertised products yet. The numbers are too good to be true because, in fact, they do not exist yet.
The only exception being our SHA-256 core running at 2 GH/s which has been successfully built and tested. We are impressed with the results and we can't wait to raise enough money to be able to replicate it thousands of times on a chip in order to achieve the advertised speeds. This will be a tortuous road, but the numbers and our beliefs are both telling us that we will make it.
We would like to comment the following chart: http://bitcoin.sipa.be/speed-ever.png
In the last year the hash rate has been growing 100 fold every 6 month.
We plan to ship the first products by September/October 2014, roughly 6 months from now. If the total hashing rate keeps rising at the current pace, we will reach speeds of 3,000,000 TH/s by then.
With a hashing rate of 25 TH/s (our mid-sized miner) we'd be able to mine 0.03 BTC per day (about 19$). However, we believe the hashing rate will grow slower than it did in the last year and therefore we might expect a higher return of investment.
We think we priced our products in a fair way which incorporates manufacturing delays, uncertainties and unknown future hashing rates.
We remain available for other clarifications. We are also working on a video explaining our technology. We hope to be able to share it with you soon.
You're going to need a good PR guy.
Also, I have a friend who owns the building what used to house the old Designed Stairs Inc. store. We'll be able to have free electricity for 6 months, thanks to a program offered by the local electric company. (BTW, that's available across the entire US for any business to take advantage of regardless of usage. After six months, close up shop, move to a new location, apply for a different company name, and get the 6 month freebie again. I wonder how many small bitcoin miner hosting companies are taking advantage of this.)
I truly believe in your project, and salary is negotiable. If nothing else, give me full resale rights in the US, and I'll oversee our resellers here in the states.
That said, I back this endeavor 100%, and state that they are not a scam in any sense of the word.
~Bruno Kucinskas
Photo + Network Interface Card + Mining softwares = Photonicmining
When I mine enough 75 BTC, I will come back and pre-order this machine.
When I mine enough 75 BTC, I will come back and pre-order this machine.
Can someone with some default trust light this up please?
$600 for 5 th/s kinda a steal, assuming its real.
Even if you get BFL'ed, how long would it take for 5 TH/s to be unprofitable? Just asking, as $600 i could make in a month from mining, and willing to take risk, until proven scam.
This is not about getting BFL'd... that would imply you'd still get hardware eventually. This is about claiming to create something with technology that does not and will not exist; i.e. pure scam.Furthermore, it does not matter how many TH you have; if you overpay for hardware then it's a loss, and the more hardware you pay for, the bigger the loss. There is no magic way that buying more of something at a loss somehow turns it into a profit.
Even if you get BFL'ed, how long would it take for 5 TH/s to be unprofitable? Just asking, as $600 i could make in a month from mining, and willing to take risk, until proven scam.
I really hope that 75 BTC purchase was an internal investment, or else someone's going to be very disappointed.
Gosh, I might know the guy who paid 75B...
Show us the working SHA256 prototype core, oh wait...
I will buy 10!of these miners
I really hope that 75 BTC purchase was an internal investment, or else someone's going to be very disappointed.
Deleted Post
« Sent to: edgar on: 12 March 2014, 22:47:28 »
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and you guys were wondering where aussiepete, mauiflipper & the gang had got to weren't you..?
silence is golden apparently!
« Sent to: edgar on: 12 March 2014, 22:47:28 »
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A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.
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and you guys were wondering where aussiepete, mauiflipper & the gang had got to weren't you..?
silence is golden apparently!
They are using images from bitmine.ch
Their twitter had this on it yesterday: http://i.imgur.com/y2uWfvS.png
remember this - http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481
Now, today they are saying their twitter was "hacked"
Additionally, their logo codged from this guy: http://dribbble.com/shots/318757-Lightbulb-Logo/attachments/13995
I guess another clue as to their professional knowledge is their term of "femto seconds", in photonics, and Im sure all sciences using SI units would say femtoseconds like milliseconds, not "milli seconds"
Im really hoping thatthe exchange an escrow holds the coin for some period during the IPO so they can stop this.
I have heard nothing back from the two emails I have sent cryptostocks.
Their twitter had this on it yesterday: http://i.imgur.com/y2uWfvS.png
remember this - http://www.20min.ch/finance/news/story/Dubioses-Geschaeft-mit-Bitcoin-Rechnern-18031481
Now, today they are saying their twitter was "hacked"
Additionally, their logo codged from this guy: http://dribbble.com/shots/318757-Lightbulb-Logo/attachments/13995
I guess another clue as to their professional knowledge is their term of "femto seconds", in photonics, and Im sure all sciences using SI units would say femtoseconds like milliseconds, not "milli seconds"
Im really hoping that
I have heard nothing back from the two emails I have sent cryptostocks.
confirmed to be a IPO scam. oneFive has never heard of you or done business with you.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
IPO SCAM STAY AWAY
they already scammed someone for 75 BTC on cryptostocks.com.
PhotonicMining, you are what's wrong with this world.
What's truly wrong with this world are the gullible people who give power to these scums...
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