Bitcoin Forum

Bitcoin => Hardware => Topic started by: newtry on August 02, 2015, 08:30:55 PM



Title: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: newtry on August 02, 2015, 08:30:55 PM
Cloudthink has just released its new Imperator  bit coin miner. They claim it will produce 8TH at 4800 watts (.6w/gh). There is a limited stock of 500(420 left last I checked) and will only sell one miner per person.  The imperator sells at the low low price of 2299$ per miner. As with all cloudthink purchases, they will only accept coinpayment.  This is the biggest red flag for me.  I sent an email inquiring about the imperator and the payment method. The company claims the only reason they are selling their custom miners is to prove that they actually have them!
     What do you think? Has anyone received a miner from this company? They had their whole stock of old s5's, and sp31 up for sale. I'm wondering if anyone bought some and if they actually received their order. Also first post!! ;D

Newtry


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: bmxakias on August 02, 2015, 08:32:39 PM
I want 2 miners, please...! Ok?


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: TheRealSteve on August 02, 2015, 08:54:47 PM
ignoring all the red flags...
0.6 W/GH - Ingenious Power Efficency

C'mon now.  That wasn't efficient last year, let alone now.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: AJRGale on August 03, 2015, 07:02:39 AM
ignoring all the red flags...
0.6 W/GH - Ingenious Power Efficency

C'mon now.  That wasn't efficient last year, let alone now.

Common man! you want a $2300 room heater that looks like some old macpro painted black and a screen attached!

doing a little googling, this company seems to be coming out thick and fast as a mud volcano, and everyone is calling them a scam, they have been around a little doing cloudmining and resale, but their prices are to far off to be legit.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: jeannemadrigal2 on August 03, 2015, 07:11:58 AM
I never heard of them and it sounds fishy.  I would stay away, don't let them dangle the carrot to get you in.  There are good legit options for mining.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: TheRealSteve on August 03, 2015, 03:04:08 PM
And yet, none of that will stop people from going "ooo! FREE SH*T! Heck yeah!" (https://bitcointalk.org/index.php?topic=1141984.0) :)


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: HerbPean on August 03, 2015, 03:44:11 PM
All I see is that OP deleted my post about his scam shit.

A bunch of red trust user posting in a thread.

EDIT : Tomatocage 256: -0 / +33   2015-06-10   0.00000000   Reference   Never delivered payment to bitcoinlitecoin. See link.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: -droid- on August 03, 2015, 04:20:57 PM
I've also applied, hopefully I'll be selected


edit:  looks like Prelude and I will both be giving some detailed reviews on this Imperator!

It seems like a good value for an 8TH unit


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: alh on August 03, 2015, 04:30:08 PM
Their website also mentions that they have S5 units for $199. That sounds too good to be true to me. I added two replies that I think are clearly within the scope of their announcement. We'll see if they get deleted or not. I clearly can't support a 4800 Watt miner, so wouldn't try and get a test unit. I can't figure out how they expect to put 4800W into an ATX chassis and then dissipate the heat with four 120MM fans. I also can't imagine what kind of PSU fits within an ATX chassis and handles 4800 Watts.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: goxed on August 03, 2015, 04:34:20 PM
Applied for a review unit. Lets see. Any pics of what's inside the unit?


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: RichBC on August 03, 2015, 04:36:28 PM
So looking at a few numbers

4800 Watts @ 12 Volts is 400 Amps

At the core voltage of 0.8 Volts that becomes 6000 Amps

Divided between the 20 Chips gives 300 Amps & 240 Watts / Chip.

All I can say is Wow and I hope they have big heatsinks....


Rich



Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: -droid- on August 03, 2015, 04:36:48 PM
Applied for a review unit. Lets see. Any pics of what's inside the unit?

I dont think anything has been released yet on the hardware


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: tmfp on August 03, 2015, 04:39:19 PM
Their website also mentions that they have S5 units for $199. That sounds too good to be true to me....

They are also doing buy two get one free, just like tins of soup.
 :)


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 03, 2015, 04:58:53 PM
I sent the user a PM inquiring about a review unit, and after further consideration, I am going to decline the opportunity for the following reasons.

- My spider sense is tingling due to the pricing being suspiciously low and it's a self moderated thread
- I have serious concerns about the product functioning to spec based off their displayed renderings. I question their ability in dissipating 4.8kW of heat in that form factor
- It is not energy efficient given the competition
- This is not a well suited system for home mining due to it's outrageous power needs
- Selling AntMiner S5's for $199 - half the current market price (http://cloudthink.io/shop/index.php?route=product/product&path=59&product_id=51) - is a MASSIVE RED FLAG.
- "...you will have to give at least some sort of guarantee that you will post reviews about our product after you receive it. Please open a thread in the mining section of bitcointalk confirming that you accept to test an Imperator miner. After this, please send a full name and address where you prefer the miner to sent to.
Regards,
Richard"

-- The need to open a new thread spams these forums, and creates more clutter. The last time this happened with the SP20 review threads, it kind of upset some people - No fault against Spondoolies at all. We all learned from that experience.
- See CloudThink.IO removed management pictures after being caught with stealing (https://bitcointalk.org/index.php?topic=1074272.0)


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: goxed on August 03, 2015, 05:13:53 PM
I sent the user a PM inquiring about a review unit, and after further consideration, I am going to decline the opportunity for the following reasons.

- My spider sense is tingling due to the pricing being suspiciously low and it's a self moderated thread
- I have serious concerns about the product functioning to spec based off their displayed renderings. I question their ability in dissipating 4.8kW of heat in that form factor
- It is not energy efficient given the competition
- This is not a well suited system for home mining due to it's outrageous power needs


The 4.8KW power will put-off many home miners unless they have a spare 240V dryer circuit or drive and charge a Tesla Model S regularly in their garage.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: HerbPean on August 03, 2015, 05:14:37 PM
The OP has been flagged by TomatoCage as a scammer ... come on guys.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: RichBC on August 03, 2015, 05:36:13 PM
In addition to my comments on the Power / Chip above the more I think about this the more ridiculous it seems.

An S5 is pretty state of the art & uses 28NM chips at significantly better J/GH than this monster. However the S5 has 2 PCB's each with 30 chips on, each PCB produces approx 500GH. So to give 8TH you would need 16 S5 PCB's each with their 30 chips, whereas they are achieving this with only 20 chips....

What I do not understand is why bother with such outrageous claims & why go to the trouble of signing up reviewers? I can only imagine that this is just to get some free advertising for the Investment Packages?

Anyway hope I am wrong and  have applied to test one.  :) I am now negotiating with my Wife to disconnect the cooker in order to use the 30 Amp circuit.  :)


Rich


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: tmfp on August 03, 2015, 05:53:32 PM
The OP has been flagged by TomatoCage as a scammer ... come on guys.

I am one of the biggest skeptics going concerning "Rikkie" and CloudThink but....
It's fairly typical of CT's half assed approach to whatever it is that they're trying to do, that they bought the Rikki account while this was an unresolved issue, and paid up to make it go away.
From post history and general feeling, I'd say that TC's trust referred to the previous owner and not CloudThink.
I know jack shit about miners but, once again to be fair, CT never said their own super duper units were suitable for home mining, so that's not really the issue. No-one here believed they even existed.
I am quite surprised at this move to be honest, as it seems there is no way to bullshit out of it should the units turn out to be crocks of shit.
That means CT are confident that they're not, which kind of validates the logic behind the cheap S5's etc.etc.

Popcorn....


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 03, 2015, 05:58:36 PM
I would like to additionally make note that upon cross-posting the points I made earlier in this thread, to their official moderated review request thread (https://bitcointalk.org/index.php?topic=1141984.0), it was almost instantaneously deleted from the thread.

CAVEAT EMPTOR folks. This is starting to look shadier and shadier.

I'm not sure what their angle is, but it's not kosher, and I would recommend everyone not deal with this company until this review fiasco resolves itself.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: HerbPean on August 03, 2015, 06:08:11 PM
Yeah they delete my warning about his bad trust.

TomatoCage flagged him as a scammer.

Well I did my part and I won't be part of any of their business.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: jonnybravo0311 on August 03, 2015, 06:21:14 PM
Definitely going to pass on this one.  8TH/s in a standard ATX tower case?  3x1600W PSUs stuffed in there as well?  You'd need to have a couple jet turbines attached just to remove the heat fast enough.  The heatsinks alone required for this thing would make it virtually impossible to stuff into the form factor.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: HerbPean on August 03, 2015, 06:43:50 PM
24 months warranty LOOOOOOOOOL


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: pinhead666 on August 03, 2015, 06:57:51 PM
8TH and 4800W generates heat like hell.C'mon theres no way it could be packed to that case with proper psu's and cooling.I wonder what kind of scam they are planning?


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: willi9974 on August 03, 2015, 07:09:11 PM
Definitely going to pass on this one.  8TH/s in a standard ATX tower case?  3x1600W PSUs stuffed in there as well?  You'd need to have a couple jet turbines attached just to remove the heat fast enough.  The heatsinks alone required for this thing would make it virtually impossible to stuff into the form factor.

realy funny :)


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 03, 2015, 07:53:02 PM
Just left them negative feedback.

More and more signs are pointing to this being a scam.

Honestly, I'm a bit weirded out by their asking for users names and addresses for shipping their "impossible miners", and this is quickly becoming eerily bizarre.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 04, 2015, 12:39:31 AM
Before it gets deleted from the main, moderated thread.

Can't speak to this latest scam, but I can tell you the $199 S5's is a scam. Stupid me, I was running late for a family trip and I ran across a story and ad for the S5 liquidation sale. I failed to do extensive research on this POS company and ordered a bunch, actually 3 orders in total for me and a couple friends that took my advice.

See link of the orders, payments and emails for the hardware I order from them. I am in the US, so its 14.04 BTC but just filed a claim on the UK fraud site and they had me convert the loss to Pounds. I have a buddy in the UK and asked him to stop by the corporate address to see is anyone is there. Nothing, there was a women that came to the door, but knew nothing about any CloudThink company and said she works for the real estate office thats at that address.

At least a dozen emails to support address via website and direct email, called toll free number daily and also plays a looping msg that all agents are busy them drops call after 3 loops. No response of any kind. Its almost 3 weeks now and nothing!

The below dropbox link is a PDF with most of the evidence, I have a few more things, so if anyone would like any additional proof. Please ask!

https://www.dropbox.com/s/qc7yygpe9empovm/CT%20Order%20Proof.pdf?dl=0

I have reported them to Action Fraud Team in the UK, CRN:NFRC150701127117. Trying to see what other agency I can report this fraud to, I'm out over 2,500 pounds and I'm sure there are many other victims of both the cloud mining scam and the recent hardware sale scam.

Even if you can't get one of their new units, their website suggests that you buy an S5 for $199.  Might be a good consolation prize.

While I told them I'd be happy to review a test unit for them, I can tell you that this alone raises red flags for me.

There's no reason to sell an S5 for $199. The market price is twice that.

The hardware has been used, this is why the price is so low. We no longer need this equipment.

How about you refund my 14 BTC or actually ship me the S5's I ordered 3 weeks ago!

We have received all required funds for your payment of 7.26439100 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 492daf46a98baea68e8eee9cb152c4711f4f33b8ad1b9fb7593c3bef46d52a9d


We have received all required funds for your payment of 3.74955900 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 3f35feeee2bc244045249d1c9ab054a754bf7078d0496a61f1cbb29b5e06d01e


We have received all required funds for your payment of 3.03512700 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 6398ea47da3d43c13ae9e39a4ec4fdc390c324e873f5446444d82bfb1a1e810d



Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: philipma1957 on August 04, 2015, 02:39:51 AM
It has sat on the other thread for 2+ hours.  I guess the guy was fishing for info on members.

Before it gets deleted from the main, moderated thread.

Can't speak to this latest scam, but I can tell you the $199 S5's is a scam. Stupid me, I was running late for a family trip and I ran across a story and ad for the S5 liquidation sale. I failed to do extensive research on this POS company and ordered a bunch, actually 3 orders in total for me and a couple friends that took my advice.

See link of the orders, payments and emails for the hardware I order from them. I am in the US, so its 14.04 BTC but just filed a claim on the UK fraud site and they had me convert the loss to Pounds. I have a buddy in the UK and asked him to stop by the corporate address to see is anyone is there. Nothing, there was a women that came to the door, but knew nothing about any CloudThink company and said she works for the real estate office thats at that address.

At least a dozen emails to support address via website and direct email, called toll free number daily and also plays a looping msg that all agents are busy them drops call after 3 loops. No response of any kind. Its almost 3 weeks now and nothing!

The below dropbox link is a PDF with most of the evidence, I have a few more things, so if anyone would like any additional proof. Please ask!

https://www.dropbox.com/s/qc7yygpe9empovm/CT%20Order%20Proof.pdf?dl=0

I have reported them to Action Fraud Team in the UK, CRN:NFRC150701127117. Trying to see what other agency I can report this fraud to, I'm out over 2,500 pounds and I'm sure there are many other victims of both the cloud mining scam and the recent hardware sale scam.

Even if you can't get one of their new units, their website suggests that you buy an S5 for $199.  Might be a good consolation prize.

While I told them I'd be happy to review a test unit for them, I can tell you that this alone raises red flags for me.

There's no reason to sell an S5 for $199. The market price is twice that.

The hardware has been used, this is why the price is so low. We no longer need this equipment.

How about you refund my 14 BTC or actually ship me the S5's I ordered 3 weeks ago!

We have received all required funds for your payment of 7.26439100 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 492daf46a98baea68e8eee9cb152c4711f4f33b8ad1b9fb7593c3bef46d52a9d


We have received all required funds for your payment of 3.74955900 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 3f35feeee2bc244045249d1c9ab054a754bf7078d0496a61f1cbb29b5e06d01e


We have received all required funds for your payment of 3.03512700 BTC to Cloud Think Mining Ltd. and your payment is now Complete.
The transaction ID of this payment is: 6398ea47da3d43c13ae9e39a4ec4fdc390c324e873f5446444d82bfb1a1e810d



Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: goxed on August 04, 2015, 11:20:24 AM
In the absence of any proof that the miner actually exists and proof that it mines at said speed, this is quite likely a scam. Interesting, that people are still trying to play the old scam game, since FTC and many other 3 letter agencies are on the lookout for such dicks.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xialla on August 04, 2015, 12:49:01 PM
yes it is scam and I'm happy, that we can discuss this in non-self moderated thread, which is and will be censored.

to potential buyers (if there are any of the), before you consider to send X thousands worth of bitcoin (so without possibility to reverse charge), please check this firts: https://bitcointalk.org/index.php?topic=1074272.0

I bet anything, that this is last call of those scammers they will disappear within 2 - 3 weeks. beware, they are using lot of shill accounts here and manipulating social media like twitter, reddit or other ones.

so again, avoid and watch, what will happen..


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 04, 2015, 02:17:11 PM
Another deleted post.

Avoid any Cloudthink.io AT ALL COSTS.

Quote
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic.

Apparently you can't ask for a lousy phone picture of a functioning used equipment to be posted here, considering the OP is selling 1 million US dollars worth of equipment. And he can't post a simple picture to prevent scam accusations? I guess it doesn't matter, since even though he claims the negative trust was accumulated by another employee, which had a disagreeable behavior, he does the same thing again claiming to be different. Picture please!

Also:

Power Consumption: 4800W

Cooling Fans: 4 X 120mm


How is it possible to dissipate 5kWh of energy with 4 medium fans?
Where are the fans located on the case?
Why is it impossible to a picture of a real miner?

It's impossible to dissipate ~5kWh of energy with 4 x 120mm fans.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: jonnybravo0311 on August 04, 2015, 02:59:12 PM
I stated as much earlier in this thread (said you'd need jet turbines) and also in their "official" thread stating that 4x120mm fans couldn't possibly dissipate that heat unless they were misting liquid nitrogen over things.  Some of the best 120mm fans I've seen can only push ~250cfm, and that'll in no way be able to remove the kind of heat this supposed miner will generate.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: everaja on August 04, 2015, 03:04:41 PM
Cool man..
i think you received the Hardware or what?
Have read the full description on rekkie's official thread about  New Imperator 8TH bitcoin miner , i am wondering is it legit?
Have you received the test hardware?


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: Xian01 on August 04, 2015, 03:30:54 PM
Cool man..
i think you received the Hardware or what?
Have read the full description on rekkie's official thread about  New Imperator 8TH bitcoin miner , i am wondering is it legit?
Have you received the test hardware?
No. It is not legit. It is most assuredly a scam.

No one has received test hardware.

The laws of thermodynamics preclude this product from existing in it's advertised form.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: philipma1957 on August 04, 2015, 07:33:48 PM
Cool man..
i think you received the Hardware or what?
Have read the full description on rekkie's official thread about  New Imperator 8TH bitcoin miner , i am wondering is it legit?
Have you received the test hardware?
No. It is not legit. It is most assuredly a scam.

No one has received test hardware.

The laws of thermodynamics preclude this product from existing in it's advertised form.

4800 watts in a case that can do about 1500watts max.



Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: markj113 on August 04, 2015, 07:38:07 PM
it concerns me that he has been online at least 3 times today but hasnt felt the need to make a single post to defend his position.

Not a single picture or video of any hardware.

Does not look promising  :-\


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: hmmwv on August 04, 2015, 07:47:05 PM
I think we should rename it the Cloudthink Imposter.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: tmfp on August 04, 2015, 07:49:07 PM
it concerns me that he has been online at least 3 times today but hasnt felt the need to make a single post to defend his position.

Not a single picture or video of any hardware.

Does not look promising  :-\

They behaved in the same way regarding their "investment plans", which are supposed to depend on this hardware for income.
Just pulled some numbers out of nowhere, then simply changed them overnight, no rationalization, no response to any request for clarification, just censorship in self moderated threads.
I don't know what they're trying to achieve, but they're certainly going about it in a strange way.


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: MidwestMiner on August 04, 2015, 08:19:38 PM
Sending Bitcoin as payment for a photo shopped Mac Pro (with the damn cd-slot intact) . . yeah. .


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: QuintLeo on August 04, 2015, 08:43:36 PM
Y'all missed an obvious "scam" tipoff.

 Company claims to be in Manchester in the UK.

 Why is their website denominated in Dollars? Not EU, not even Pounds, DOLLARS.


 Talk about some fish that stinks all the way to the USA....


Title: Re: Cloudthink's New Imperator 8TH bitcoin miner.
Post by: jonnybravo0311 on August 04, 2015, 08:50:33 PM
Another fun one, besides the currency, is the "." used as a separator.  The US and UK use a ",".  So, why would you advertise the price for a UK-based company as $2.299?  To anyone from the US, that is "two dollars and twenty-nine and nine tenths cents".  A lot of times we see our gasoline prices like that "$2.299 per gallon".

Let's see...
Badly photoshopped old Mac Pro chassis - check
Impossible to achieve thermodynamic specs - check
Discrepancies between currencies and numeric formatting - check

Obvious scam is obvious.