https://en.bitcoin.it/w/index.php?action=history&feed=atom&title=Novello_Technologies 2026-05-05T09:10:06Z Revision history for this page on the wiki MediaWiki 1.43.8 https://en.bitcoin.it/w/index.php?title=Novello_Technologies&diff=55675&oldid=prev 2015-03-24T17:34:40Z

<p>Created page with &quot;{{Infobox company|name=Novello Technologies, Ltd.|image=[[{{ns:file}}:Logo-novello technologies.png|270x64px]]|website=[http://www.novellotech.com/ novellotech.com]}} Novello...&quot;</p> <p><b>New page</b></p><div>{{Infobox company|name=Novello Technologies, Ltd.|image=[[{{ns:file}}:Logo-novello technologies.png|270x64px]]|website=[http://www.novellotech.com/ novellotech.com]}}<br /> Novello Technologies, Ltd. was a company that attempted to crowdfund the development of Bitcoin mining hardware via the crowdfunding platform Indiegogo, starting June 3rd, 2014, with a goal of $4,200,000&lt;ref&gt;https://indiegogo.com/projects/ultra-low-cost-bitcoin-mining-systems--2&lt;/ref&gt;<br /> <br /> Soon after it was announced, concerns regarding the viability of the project were raised at the [[BitcoinTalk Forum]]&lt;ref&gt;https://bitcointalk.org/index.php?topic=638729&lt;/ref&gt;.<br /> <br /> On June 12th, 2014, Novello Technologies posted on the BitcoinTalk Forum that they would be issuing refunds.&lt;ref&gt;https://bitcointalk.org/index.php?topic=638729.msg7267601#msg7267601&lt;/ref&gt;. On June 13th, 2014, Novello Technologies issued an e-mail to supporters of the crowdfunding campaign that the crowdfunding goal was unlikely to be attained and noted the plan for refunds as well&lt;ref&gt;http://pastebin.ca/2807363&lt;/ref&gt;<br /> <br /> Due to the nature of the crowdfunding campaign&#039;s funding method - flexible funding - any funds received by Novello Technologies would remain theirs to keep regardless of the outcome of the project. On July 8th, 2014, the campaign ended with approximately $6,000 in funds.<br /> <br /> On August 5th, 2014, refunds were issued through Indiegogo.&lt;ref&gt;http://pastebin.ca/2829309&lt;/ref&gt;<br /> <br /> On August 11th, 2014, Novello Technologies issued an e-mail to supporters of the crowdfunding campaign that they would change their business model to perform in-house hashing using custom hardware only, to come online &#039;about 1 year from&#039; the time of the e-mail.&lt;ref&gt;http://pastebin.ca/2831393&lt;/ref&gt;<br /> <br /> No new information has appeared since that time, and as of March 24th, 2014, their website is defunct.<br /> <br /> == References ==<br /> &lt;references /&gt;</div>

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