Supposed ASIC Scrypt Miner | Scrypt ASIC International - page 2.

kramble

sr. member

Activity: 384

Merit: 250

Quote from: CaptChadd on October 16, 2013, 11:20:07 AM

Quote from: kramble on October 16, 2013, 11:15:52 AM

Quote from: CaptChadd on October 16, 2013, 11:09:49 AM

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.

CaptChadd

hero member

Activity: 924

Merit: 1005

Product Marketing & Promotion / Software Developer

Quote from: kramble on October 16, 2013, 11:15:52 AM

Quote from: CaptChadd on October 16, 2013, 11:09:49 AM

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.

Balthazar

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:

kramble

sr. member

Activity: 384

Merit: 250

Quote from: CaptChadd on October 16, 2013, 11:09:49 AM

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

CaptChadd

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.

braytz

hero member

Activity: 490

Merit: 501

scam.

/thread

kramble

sr. member

Activity: 384

Merit: 250

Quote from: CaptChadd on October 16, 2013, 10:38:18 AM

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

Snail2

legendary

Activity: 1512

Merit: 1000

Quote from: CaptChadd on October 16, 2013, 10:38:18 AM

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

. 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

. But maybe my opinion is just pure paranoia Roll Eyes

.

CaptChadd

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.

Snail2

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.

lemons

full member

Activity: 178

Merit: 100

Quote from: SpeedDemon13 on October 01, 2013, 10:51:35 PM

Quote from: ohiwastedmylif on July 20, 2013, 04:52:10 PM

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

sikman

hero member

Activity: 572

Merit: 500

Quote from: CaptChadd on October 15, 2013, 06:15:16 PM

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?

CaptChadd

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 :-)

sikman

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
-------------------------------------

SpeedDemon13

hero member

Activity: 518

Merit: 500

Quote from: ohiwastedmylif on July 20, 2013, 04:52:10 PM

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...

challen

newbie

Activity: 48

Merit: 0

Quote from: CaptChadd on October 01, 2013, 09:48:31 PM

Quote from: FiiNALiZE on October 01, 2013, 09:12:37 PM

^

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...

CaptChadd

hero member

Activity: 924

Merit: 1005

Product Marketing & Promotion / Software Developer

Quote from: FiiNALiZE on October 01, 2013, 09:12:37 PM

^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Local host is right. They said they were solo mining.

csun

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.

fattypig

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!!!

FiiNALiZE

hero member

Activity: 868

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

^

lol connected to localhost but somehow submitting shares?

Fucking hilarious

Topic: Supposed ASIC Scrypt Miner | Scrypt ASIC International - page 2. (Read 13014 times)