My Biggest issue here Alpha is that you base your price of GPU prices. IE it will cost me the same to buy 280's for 5MH/s SURE it is without the entire rig. AKA no mobo and psu's

BUT the issue here is that shipping dates are Q2/Q3 of next year. That means that by the time the asics come out the 5mh/s will be basically useless if the hashrate continues to grow as it has. If you decide to spend the extra 500 pounds and buy a gpu rig for 5mh/s then you get more out of it than if you bought asics that are only being delivered q2 or q3 next year.

I really want you guys to succeed. Bringing LTC ASICS into the market is a great achievement and I will even order one with you to show support. But it doesnt make any type of Financial sense to buy an 5mh asic for £1350 when delivery is only Q2 or Q3 next year. as you can build an entire 5mh rig NOW for £1850 if you know what you are doing. Even with the added power consuption that GPU's have it is still worth it as they have a resale value.

If my calculations or assumptions are wrong please let me know. Because I really want you guys to do well. But honestly with that price tag I dont think you will. Not for Q2/Q3 delivery aka 4-9 months from now. (4 months I would understand the price a bit better though, but I will mine more LTC if I build my own gpu rig now and start mining it now

Please correct me if I am wrong which I hope I am

If the price was in dollars it would make 100% sense and I would understand it completely. and then even order a 25mh/s

Hi Lifeboat.

The problem is that for the new cards R9 280x you need the latest Catalyst Drivers.

Just getting CPU and GPU hash messages. So Im just running this off CPU at this point. 1.3MH/s instead of 30+ MH/s per GPU

Let me know if you guys know what we can do about this.

Thanks again for great software.

Yep, we are working on that now and also having a chat with bitfury about this Lets see what we can do regarding the price

Just something interesting I came across.
Using the genesis block calculator.
http://mining.thegenesisblock.com/a/a8318be69f

Nice our servers have been upgraded. just waiting for our new site to go live.

Hey guys,

We are upgrading our servers, so our site will be down but hopefully back up by tomorrow Then getting a new site this weekend. yay

reserved

Looking good Intron. looking real good

Intron is also busy testing the USB miners. aka 2 bitfury chips on a usb chip. awesome

We received a case design from a member of the community which looks amazing. Will ask him to put the design on the thread for you guys to see.

hahahaha

@crazyearner, Bitfury increased his price per chip. And also we are including quite a lot more with these boards. Including the SHash design which is overclockable instead of the current bitfury design that is out there.

You can pay when you collect sure. But the chances of us actually having any left in stock is extremely low. People pay now if they want to reserve the stock and reserve a unit, so that when it comes. They dont have to wait in a long queue like BFL etc. As we ship out all the units after they have been manufactured and assembled. Whereas if we do it piece by piece. We order one unit. ship that unit. order another etc. the lead times are extremely long.

So if we have any units left in stock. Then you are more than welcome to pay and collect.

Its like ordering a brand new Ferrari, The chances of the dealers ever having anything in stock is very slim so you put in your order so that when they do have. you get it asap

I hope I made sense there. Otherwise let me know and I will try rephrase, havent had much sleep the past few days. making sure everything is in order takes its toll hehe

We are still busy with the tests. Waiting on the new test chips to arrive now so that we can continue, and actually push a few units to the limit.

As many of you can see I reserved the first post.

Threat contacted us directly with his proposal and we decided to allow him to do a group buy as we actually want the people to contact us and get involved in the product. Not just open a group buy and thats that.

I will also ask him to verify with John K. Remember one thing as well. Threat comes from South Africa as well and he is going to be picking up the units personally. So basically no shipping time at all. He will also verify the test units etc. So good job on the offer Threat.

I have also requested to meet him personally to confirm his identity as well. Will put all of that up in the first post

For the Community, By the Community

Oh another "plus"  S-HASH boards have on-board networking, a 50Amp power supply and is easier to Overclock

lets hope we can get a lot more than the 50GH/s out of them while testing

1 PCB = 48-50GH/s So yeah.

hahaha yeah maybe we should OC the boards from the start

At least we are using the new SHash boards from Cscape. So OCing will be a lot easier Things are going great guys. Once again thanks for all the support

reserved

Hi

Yes there will be local pickups. As soon as we receive the test chips from bitfury with the control chips, we will even make the test units available to the community so that can see we have it up and running here in South Africa and not just in the UK.

We are finalizing our bitpay account. then fiat would also be accepted on special circumstance. We want to try and keep everything in BTC as much as possible, to keep the btc flow going. But yeah

Plus a few more surprises for the South Africa community as well after the first few batches are sold. We are busy working toward getting BTC accepted as payment in South Africa in a lot of the biggest chain stores. That is our main goal. TO get BTC accepted as payment in South Africa

Lets open this up to the community once again

Do you want us to ship with casings. Or our naked units that you can OC yourself and add extra cooling extra by yourselves?
Remember the naked units will run cooler the way they are.


We could even give you 2 options to have casings or naked?

What do you think? 

let me know

Awesome Foofighter. we will defn have a look into this. If we can get the current 3gh/s chips OC'd cleanly and safely. it would be awesome.

Thanks Cscape for the reply. Its been a pleasure working with you guys on this massive project.