Post
Topic
Board Securities
Re: AMHash1: Cost-Effective Mining Contract
by
AirWolf
on 11/03/2015, 13:52:39 UTC
There is an on-going thread with an active discussion on one of the chinese social networking sites. I cannot translate well so the bits and pieces I can parse through insinuates they are trying to and may have found Fried Cat:

http://8btc.com/thread-14566-10-1.html

It looks like FC ran away because they were stealing electricity and if this is true, the police is already chasing FC and whether they caught it or not, we are going to get nothing from him.

It has a lot of sense if they were using 110nm chips, the power consumption would have been huge...

But did FC steal electricity or was it the operators of the mining farm. I don't think that FC would be so unwise to steal electricity! 110nm chips!? They were mining with gen 3 (BE200) chips which are 40nm an consume about 0.8W/GH/s

Check again the second part of the translation of the Rockxie disclosed emails, they were using 110nm chips, this was a scam since day one.

So basically: The miners were not stolen, but IMPOUNDED, FC is not missing but ARRESTED, and we are totally SCAMMED BEYOND REDEMPTION.