Developmental Update 18/11/2014

Greetings Miners!

First of all we must say we do sincerely apologise for the delay in releasing this update, the engineers at the foundry were working on the test solution in an iterative way with our original designers because the test vectors supplied by the designers did not work immediately, this took longer than expected to correct however we have worked diligently to do so.

We can now confirm to you our miners will be capable of being overclocked thus increasing their performance. Also here are some images of the final enclosure and boards:

IMG_20141111_151328

 

 

 

IMG_20141111_150737

 

Scrypt_Board_2

Whilst the chips have been very costly and complex to produce they have been worth it as it seems as of now are the most efficient on the market working better than expected at 1.5 Mh per chip. As they have turned out so well they are of course going to be very desirable on their own as such we plan sell them in wholesale bulk; with customers benefiting from this via the profit sharing scheme of which we are happy so many of you are on board with.

We would also like to take this opportunity to state unlike other companies we are actually giving refunds to customers as a goodwill gesture despite our refund period being passed. We also feel the increased hashrate (10x the original hashrate),  and being a part of a large profit sharing scheme makes up for shipping later than anticipated. On that note we are glad to be able to finally announce shipping will be commencing soon however we are still working further to make the devices more efficient. We are very excited about moving forward with you all into the future of this industry so look forward to what will likely be the final batch 1 update very soon.

Best Regards,

Mohammed Akram

Director