This is why marketing departments exist. You and I might take the time to understand something like this but the average person tunes out after less than a minute. If it's not completely self-evident or there isn't a big push for them to figure it out they'll just give up almost right away.

They've made a lot of promises before and not delivered anything. If not a scam they're at least a BFL-style preorder scheme, taking orders before they even have a product design.

No, a ponzi scheme is a very specific thing. They wouldn't produce anything at all and just pay out proceeds to the initial purchasers based on money collected from later purchasers.

Using pre-order money to develop a product is not what I would call good business practice, but it's not a ponzi scheme and it's not even illegal. See Kickstarter for a popular example of this sort of business practice.

And no, I don't think they'll make their release date. I'm personally not willing to pre-order anything, least of all Bitcoin mining equipment.

So, the gist is they claim a 14 day wait on their site. No one who's ordered has received anything and some people had had issues getting refunds.

No one has been given a shipping date and if you had ordered from anyone else you'd have a miner by now. So this is either a scam or a poorly run operation.

Nice.

That's what I do too, it's easy and they'll reboot after power outages. I've also got WOL on and Teamviewer set up on every box just in case I need to remote in.

It's totally impossible to see the future. Right now you have to bet on Bitcoin increasing in value. Of course you could just buy the Bitcoins directly instead.

I find the current prices for the cost-effective mining units too high to stomach. I went into mining Litecoins last year using the GPUs I had been using for Bitcoin (and adding more). Because of the recent spike in AMD GPU prices I sold off almost all my cards at MORE than I paid for them (most of them were more than 12 months old). It was just more profitable to sell the cards.

Under current market conditions I think I'm done. There could be plenty more profit left in this, but I think there is a limit to what the market can bare long term. The price is going to crash and crash hard at some point and I don't want to be there holding the bag.

That's definitely not something I've ever seen before, and I've seen a lot of computer problems. Have you tried taking the card out and testing it in another system?

There shouldn't be anything in the buffer if you turn the system entirely off, it's volatile memory.

Do you remember when they claimed they'd have Monarch's shipped out in October 2013?

I wouldn't be surprised if they don't start shipping until October 2014.

If you're looking for one for Radeon 7950, 7970 or 280xs you have to get one that specifically supports those models. The reason for this is that the GPU is installed at a 45 degree angle and coolers not specifically designed to fit those cards won't. But coolers designed for any of those cards will fit all reference and most non-reference designs of all of those cards.

That is, unless you're into manually modifying the contact surface. Then you can buy anything. I've managed to cut quite a few GPU coolers to fit cards they're not designed to fit in the past, but the higher end Radeons are a pain.

No, definitely not. Read the manufacturer's web site, they always list supported cards. If they don't then it won't fit, guaranteed.

That doesn't necessarily mean anything, the building I live in is a big hole in the ground on Google maps.

Not saying this isn't a scam though, about 95% of these sites are scams.

Also, as for the new account. There was a time when newbies only had very limited forum access to prevent this sort of thing. Don't expect anyone to believe you unless you put in some time here because shill accounts are very common.

Preitty sure ASICs are already tops for "cyptocurrency". That is the one that matters! Give scrypt altcoins a few months and it will be the same there too.

Someone failed marketing class. Sometimes it's the best website that wins regardless of product quality.

Don't worry, I'm sure they'll start slowly shipping small quantities by November!

Red flag alert, no address and no phone number!

Also Swiftminer is not a legal corporation or small business name as is legally required by Canadian law!

Website is Wordpress + WooCommerce Plugin with modified enfold theme. Not terrible, but not too time consuming either.

If you want real fraud you can literally program yourself a fake display any time you like. Animate one, hack CGMiner (which is open source) or just write a quick console app.

I don't know what these videos are meant to prove. Maybe I'll make an example fake video just to show you what I mean.

I'm not saying if it's a fraud or not, but judging based on looks is totally pointless because it's just so easy to fake.

I could fart out a better website in 10 minutes.

Almost all of them. I'd assume they do unless otherwise stated.

Anything is possible, I wouldn't trust MTGox with anything right now. The rumour is that they don't actually have the money to pay their customers because they've been paying operating costs (including lawsuits) using customer funds.

Hahahaha, BFL. If they're on the same sort of schedule as last time the design isn't even taped out yet. You'd be lucky to get one by this time next year.