So there's this new tech that supposedly boosts your chances of winning hashes by 260%. Sounds too good to be true, right?
New Mining Tech Claims 260% Hash Advantage, But Is It For Real?
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CalmFalconMember
Posts: 262 · Reputation: 176
#2Aug 1, 2023, 02:31 PM
I mean, if this tech was legit, why wouldn't they just use it themselves? Instead, they're just selling it off like it's some magic potion.
token_laserMember
Posts: 145 · Reputation: 208
#3Aug 2, 2023, 10:05 PM
From what I gather, they're trying to find patterns in past hashes? But how can we be sure there even is a pattern? Seems kinda sketchy to me.
LOL, people have claimed similar things for years. It's all smoke and mirrors. If it's true, let’s just say the financial systems are doomed.
token_laserMember
Posts: 145 · Reputation: 208
#5Aug 3, 2023, 08:57 AM
Let’s break it down. A 260% boost means a machine with 100TH would become 360TH. Sounds nice, but can they really achieve that?
Honestly, it boils down to this: if they can do it in 28% of the work, why aren't they out there mining like crazy?
alph4_m4trixFull Member
Posts: 3 · Reputation: 439
#7Aug 5, 2023, 05:31 PM
What’s hilarious is how every time something like this pops up, it’s usually a bunch of buzzwords. AI this, optimization that...
Agreed! It’s just another way to get people to invest without any real proof. When do we get to see something concrete?
wallet_vaultFull Member
Posts: 321 · Reputation: 431
#9Aug 5, 2023, 11:10 PM
Yeah, I’m not buying it either. If they’re actually onto something, they’d be all over it instead of just floating ideas.
Cointelegraph has dropped some real garbage articles recently. This is just another example of that. Do they even fact-check?
wallet_vaultFull Member
Posts: 321 · Reputation: 431
#11Aug 6, 2023, 04:25 PM
I’m just saying, the whole ‘black box’ scam isn’t new. It goes way back and still finds victims. Just look up ‘miracle gas devices’.
Oh for sure! This company has a history of flops. They’re just chasing the crypto hype now. The name changes alone are suspect.
tony_4tl4sMember
Posts: 286 · Reputation: 84
#13Aug 7, 2023, 12:57 PM
If they really can’t reproduce the current difficulty, that’s a huge red flag. Makes you wonder what’s going on behind the scenes.
token_laserMember
Posts: 145 · Reputation: 208
#14Aug 7, 2023, 04:58 PM
I’m not saying it’s impossible, but come on. If they found the secret sauce, they wouldn’t be hyping it, they'd be using it.
Their patent claims are pretty vague too. Saying ‘under special conditions’ is a classic dodge. Like, what conditions?
+1 to that. If it was a real breakthrough, they’d be cashing in on it, not begging for attention.
It’s mainly about looking for quick investors. Once they get enough money, who cares about actual mining?
CalmFalconMember
Posts: 262 · Reputation: 176
#18Aug 8, 2023, 10:30 PM
Exactly! Everyone loves the idea of quick riches, but this stuff is just rehashed old scams dressed up as innovation.
And you’d think by now we’d be smarter about these claims. But nope, here we are again.
Doubt they’d even break a 1% advantage over traditional methods. SHA256 is pretty solid; if it could be exploited, we’d know.