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Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 80. (Read 470088 times)

hero member
Activity: 631
Merit: 500
chips should be done today?

https://bitcointalksearch.org/topic/m.2174517

Quote from: rPman on May 16, 2013, 08:22:36 PM
bitfury, what's with the timing of the receipt of the sample chip? seems it was about May 16? ...
how are you?

Yes, the original was 16, now 20 - 2 FF-plate and 24 - 16 normal TT-plate.
FF will go to korpusirovku (fast-fast corner) chips on the very first test - when - still do not know.
possible to FF and dispute lose - xs they guzzle more work faster but judging by model. And can
not lose - we'll see ....
RHA
sr. member
Activity: 392
Merit: 250
Yes, it's of no importance.
hero member
Activity: 896
Merit: 1000
Uh.

In the business plan, here: https://picostocks.com/businessplan/19 they make the strange claim on p.9, pp.1:

In contrast, Avalon will produce chips for the solo mining of a closely related venture
(ASICMINER).


This is quite the claim. I'm not sure what to make of it.

The 100TH mine was initially the 72TH mine IIRC they planned to build their farm with bASIC. When the bASIC project started to sink they cancelled the 72TH mine and started the 100TH mine.

There were rumors that ASICMINER might have done something similar with Avalon (and there are still although they can easily be disproved by people having purchased both Avalon chips and ASICMINER chips).

I don't know if there was a basis for these rumors though (maybe the 100TH people were mistaken). At least I remember that in late 2012 ASICMINER was clearly planning on mining with their own in-house designed chips. Maybe the business plan was copy-pasted from an earlier version and the mistake remained. I don't see how they could benefit from spreading this rumour: the source of the chips doesn't matter much, the hashrate/$ and hashrate/W are by far the most relevant parameters.
member
Activity: 88
Merit: 37
Uh.

In the business plan, here: https://picostocks.com/businessplan/19 they make the strange claim on p.9, pp.1:

In contrast, Avalon will produce chips for the solo mining of a closely related venture
(ASICMINER).


This is quite the claim. I'm not sure what to make of it.
legendary
Activity: 1029
Merit: 1000
You can withdraw 0.01 BTC. But you must include network fee, so minimum that will work is 0.0105.
full member
Activity: 172
Merit: 100
Seeing as another user had a problem with the withdrawal, can anyone confirm or deny that you need at least 1 BTC to withdraw from them? As the previous user has not seen anything on the website about this limit, I don't either.
full member
Activity: 234
Merit: 100
Wafers still need to be thinned, diced and packed. I'm expecting chips in ~2 weeks. Fingers crossed!
I can't see anything  about this.  https://picostocks.com/docs/index/19
You guys should update the reports.
hero member
Activity: 756
Merit: 522
Wafers still need to be thinned, diced and packed. I'm expecting chips in ~2 weeks. Fingers crossed!

Two weeks? Now where have I heard that one before....
hero member
Activity: 560
Merit: 500
Wafers still need to be thinned, diced and packed. I'm expecting chips in ~2 weeks. Fingers crossed!
hero member
Activity: 924
Merit: 1000
He expect to recive bare wafers on may 16th.

Today's the day.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Watching. Carefully.
hero member
Activity: 560
Merit: 500
Anyway, other than things in this thread, where can I find more informations about these guys and their company?
here
sr. member
Activity: 322
Merit: 250
Propably there's nothing new. Bitfury is awaiting first prototypes. He expect to recive bare wafers on may 16th. And there's another few days to package chips. Then assembly them onto PCB and test. My guess is that we may expect some news at the end of the month.
And then remember literally everything is in russian.
legendary
Activity: 1029
Merit: 1000
Propably there's nothing new. Bitfury is awaiting first prototypes. He expect to recive bare wafers on may 16th. And there's another few days to package chips. Then assembly them onto PCB and test. My guess is that we may expect some news at the end of the month.
full member
Activity: 149
Merit: 100
Any official update on the current status?
member
Activity: 90
Merit: 10
1. Go to https://picostocks.com
2. Register an account using an e-mail and bitcoin address that belongs to you.
3. Transfer bitcoins to your picostocks account.
4. Buy shares of 100TH

Care to elaborate on step 4 a bit more?  I don't see anywhere on picostocks.com where I can enter in an Ask or a Bid or purchase any shares. (I've deposited funds which are there, but how to invest them, is puzzling me.)

Found the problem I was having (no withdraw, or buy/sell links, or a lot of other content, for that matter) - the UI of picostocks is broken on the Chrome version I was using (25.xx on osx 10.6)  Logged into the site on safari, and all is well.

Updating Chrome now to see if that fixes it.  Indeed, Chrome Version 26.0.1410.65 renders the site properly.  v25.xx was buggered
hero member
Activity: 560
Merit: 500
Things are starting to heat up....

Will be watching this one closely now...

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
i assume there's been stuff that's been happening where someone can update on the current situation. i'm not expecting a great site but there's a big difference between a site a 13 year old makes and one that someone making asics should commission (some degree of professionalism can't hurt)

You've never seen MPex, have you?   Grin
hero member
Activity: 896
Merit: 1000
sure, but.... marhsall islands!?

Bitcoin-based exchanges under US jurisdiction don't seem to be viable. Look-it up.

i assume there's been stuff that's been happening where someone can update on the current situation. i'm not expecting a great site but there's a big difference between a site a 13 year old makes and one that someone making asics should commission (some degree of professionalism can't hurt)

Frankly, putting money for a nice looking page is a waste. Bitcoin investors are technical people. As long as it works and it's not hacked, personally I don't care what it looks like. I'm more likely to develop a tool to interface with such a site than looking at it.
hero member
Activity: 602
Merit: 500
i'm lost. how trustworthy is this project

Use Google and your common sense by looking for what the founders did in the past. Why would you trust someone here to tell you if this project is trustworthy?

and why does their website kind of suck as of the moment.
anyone who can clue me in on  actual current situation

They don't have a website (ASICMINER, the other ASIC-based mining operation doesn't have one either). What you refer to may be the exchange on which shares of 100TH can be traded.
If you care about bells and whistles to establish trust, you are in for a severe disappointment. For example several nicer-looking websites have been hacked and lost the assets of their users in the past.

sure, but.... marhsall islands!?
i assume there's been stuff that's been happening where someone can update on the current situation. i'm not expecting a great site but there's a big difference between a site a 13 year old makes and one that someone making asics should commission (some degree of professionalism can't hurt)
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