1) It IS an ex BTC miner.
Correct, and it is an
ASIC for Scrypt. And he still mines BTC too.
There is no ASIC for scrypt !!! stop speaking FUD
how is that FUD? if one is actually functional and THAT effecient then it's good news.
Technically it is like inventing a fission reactor.....not impossible but about 10x as hard for BTC SHA (it is not going to JUST happen with some dude mining ltc !!)
Whats the most likely conclusion
1) BTC diff has gotten too high and a COmpany/Farm with 500 rigs switched to ltc ?
2) Some guy/company has developed a technology in complete secrecy & invested 10-30+ million $$ to create this new revolutionary chip
(P.S A guy told a guy that told me on troll box lolz?)
THERE IS NO ASIC FOR SCRYPT so stop perpetuating a lot of bullshit based upon NOTHING !!!