Topic: Supposed ASIC Scrypt Miner | Scrypt ASIC International - page 3. (Read 12969 times)

Today I found a link to the Scrypt ASIC International site on another thread re the new AMD R9X cards and I clicked on it. I didn't hear from them before so I looked through the site (more a blog) and went to the contact us section and submitted a query on when I could preorder one of their miners.
Less than 5 minutes later I got a reply and is pasted below together with the 4 pictures they attached, make ur own judgement 

************************************************************
Hi xxxxx,
 
I have a Unit 1 at home doing beta testing so you are in luck, I really
don't want the community to think that this company has a favorite coin
if i mine on a pool as it could really effect trust in the company. I
will however solo mine a random Scrypt coin for you and send you a
screenshot of my cgminer hashing and accepting blocks. I have had the
Unit 1 for a week now beta testing it and I have to say it runs amazing
on every single coin I tried it on solo.
 
If you are happy and ready to order, I can take the Bitcoin payment for
you order amount tonight even and call the warehouse staff to move how
ever many Unit you order to the reserved lockup.
 
The same as before each Unit 1 is £1500 equivalent in Bitcoins and
included worldwide delivery.
 
I can authorise you only 10 Units for purchase, the rest are going to be
for the release day in two months time.
 
Please let me know what you would like to do.
 
Kindest Regards
Scott Davenro
Customer Relations
Scrypt ASIC International

**************************************************************

It took me all of 5 seconds to see that site was a SCAM, it's such an amatur job my 4 yo could do better.... next....

Im running close to 80,000kh/s with my setup, It has 5 FPGA cards using PCI-E slot design, this is the prototype which is about to go into full production and will run on SOLAR power.

P.s. It has a TURBO button as well...

Cost: 10BTC pre-order only, will provide video's of it hashing after payment..

That's the picture they used: http://i.imgur.com/QIN9M.jpg
Scam 100%. Schoolkids written their site "on the knees". Grammar errors, misspelling, errors in acronyms usage, i've seen it too.
And not willing money in "development process" is only psychological moment to make "customers" more reliable and trust them.

Any company with sufficient money to develop an scrypt-based ASIC from scratch can certainly afford a decent website that doesn't contain obvious spelling and grammatical errors, and doesn't use the incorrect acronym for their name (SAI in some places and SIA in others).

This is an example of a "long con"

They know opening up orders for their "ASIC" immediately will arouse suspicion, so they're trying to build up confidence in their product slowly by releasing [bullshit] updates.

How?  They are not offering anything for sale yet.  Their claim is that once they HAVE a product, then they will open sales.  No preorders.  If they don't produce a working copy, by their words, you'll have nothing to buy.

mind converters, to make you believe its not a scam ;-)

Scam boosters.  By using GPU in parallel they can increase the efficiency of the transfer of wealth from your pocket to theirs by a staggering 27,123%.

GPU's as converters to what?

They are talking nonsense.


The SHA-256 is a tiny part of the overall algorithm, around 1% or less, and I can't see how a conventional bitcoin SHA-256 ASIC can be used for the PBKDF2_SHA256_80_128 and PBKDF2_SHA256_80_128_32 operations. Perhaps they have some custom ASIC in mind, but its still not dealing with the meat of the algorithm which is the salsa blockmix (for which I assume they are using the GPUs). They really do not know what they are talking about.

They are coming right out and saying they are using SHA256 ASIC chips and using the GPUs as converters.  They are either piling it high and deep or someone has had one heck of a breakthrough. 

The new image they post:
http://scryptasic.org/wp-content/uploads/2013/07/Scrypt-Miner.jpg
Is a ASUS Z9PE-D8 WS
Which can be found here:
http://techreport.com/news/22625/dual-socket-sandy-bridge-ep-workstation-board-hits-newegg

So, why use a dual CPU board for a "stripped down GPU" miner? 

Total scam!

Bait has been set, Now they wait fish to swim to the net, before they collect.

I contacted these guys a few days ago, didn't feel like joining their forum until I think about making an order.

They emailed back saying that the 50,000 KH/s might be an overestimation due to size constrictions. I guess they want the unit as small as they can get it, reminds me a little of BFL with unit size.

I asked if they are not releasing something a little smaller and they said one was in the works.

I guess only time will tell but still they are not even asking for any money or pre orders, I take that as a good sign,

We can trade processing time for memory (TMTO) to reduce the scratchpad size at the expense of processing time (the missing entries are calculated on the fly from the prior scratchpad values). This is used in the GPU miners (the LOOKUP_GAP parameter). It gives a large boost for small values (eg a 64kB scratchpad takes 25% longer to process, but we can fit double the number of cores for an overall 60% throughput gain). I haven't done the math as to how far its possible to take this, but eg on FPGA's the internal memory is the biggest constraint, so there is a lot of free logic, and a 32kB or even 16kB scratchpad is likely to be optimum. (BTW the final PBKDF2_SHA256 hash is 32 bytes, but the salsa mix operates on a 128 byte variable, hence 128 * 1024 = 128kB scratchpad).

The website has similarities to http://alpha-technology.myshopify.com/ also UK based, who claimed to be working on a FPGA miner until his engineers told him it wasn't feasible. Now claims to be developing a GPU miner. Perhaps one of this associates has decided to spin off their own business to sell the concept? Anyway the one being discussed here is clearly a scam, I'm not so sure about alpha-technology, he may just be delusional about what he can achieve.

I finally got my asic miner prototype, what a lovely unit.



Not quite getting the 50,000 Kh/s yet though

Please don't be that guy. There is no logical way to conclude that an ASIC is even possible, given the memory requirements of scrypt hashing. If you're going to spend money then phone the company, get all the info you want, and ask for a video demonstration of it hashing!

Coolermaster makes some nice looking cases!

Though SHA ASIC made sense for SHA, but Scrypt is a very different animal that will not benefit from ASIC nearly as much as SHA coin did. Scrypt was designed deliberately to be a tough hash requiring much more intensive memory usage, economically ASICs for Scrypt may not be that much better than FPGA solutions in performance vs cost, but we'll see. The good news however is that FPGA implementations can be carried over to ASIC hardware

Please don't tell me you're actually going to fall for this.

We're talking about over $2,000 USD here. At least wait until some tangible proof comes out that the ASIC actually exists before blindly throwing your money away.