Bitcoin Forum

probably, but still it seems possible that the chinese can remake or improve the ASIC modules produced by Avalon. There is no doubt that there are other companies able to join the market for bitcoin mining hardware besides Avalon and BFL (at least in the future). I hope this will be soon, because I missed out on the Avalon batches :(

About
We are an online based company that specializes in ASIC-based bitcoin mining hardware. Since September 2012 we have been considering building an ASIC based system with the sole purpose of mining bitcoins.

In December 2012, we visited different chip manufacturing companies in and around Shenzhen, China. We have reached agreement with them to produce an ASIC module which we would then test on-site. Only one of the produced modules was tested. At the end of the testing phase, we accomplished the module to mine at ~28 GHash/s. The module contains 10×10 ASIC chips and a heat sink of 0.5″. We experienced excellent cooling performance in our prototype system.

During and after the testing phase we designed the ASX ASIC-based mining system, which was developed to hold up to six modules, and enables hash rates ranging from 25 GH/s to 150 GH/s.

Since the successful testing phase, we have been further scheduling the production and financing of our project. Currently, all planning has been completed. Therefore, we need to finance the production of ASIC modules to build our ASIC-based bitcoin mining products by receiving pre-orders from our clients. We have made an agreement with our supplier that requires the sale of 100 systems, minimum. The moment that we reach this target, production will start. As soon as production starts we expect to be able to deliver our first client within two to three weeks. Hence, shipping dates depend on when our target is reached.

Read more about the development of our system at http://asxproject.com/?feed=rss2.

For what it's worth, a couple of us pre-ordered a 150g/hash system.  Total cost 2249... 17ish BTC... We did get a order receipt email and then an order processed email from them after 6 confirmations or so.

The emails came directly from asxproject@gmail.com.  If anyone else was foolish enough to place an order, i'd like to compare order numbers and the such.

Censored ASIC chips found on their website:

OP is probably part of this scam.

rofl. First thing I saw was this:

http://asxproject.com/wp-content/themes/responsive/images/animated%20productinfo.gif

I knew it was a scam from that moment.

(Texas Instruments doesn't make ASIC chips for bitcoin mining last time I checked.)

I agree, looks like a scam.  Another mark against it is it is posted in the "newbies" section.

It looked fairly professional at first. But anyone that uses Alibaba will know: Never trust anything from "Shenzhen"

What is your phone number and how can I talk to someone?
Currently, there is no customer service via telephone with a goal of cutting costs. You can e-mail us via our contact page or contact us on Facebook and Twitter.  

Can I get a refund on my pre-order?
Certainly. Please feel free to contact us with and we will handle it. Do take into account that it can take several days before you have your funds back.  The amount refunded is the amount of bitcoins initially paid in the transaction.

What is the power consumption of the ASX (ASIC based) systems?
We are not currently releasing all specs for the systems, but power consumption will vary between 200-1000 watts depending on the amount of ASIC units added to the system.

What form of payment do your accept?
Bitcoin only. It is fast, easy and makes sense when we are selling bitcoin mining hardware.

Why do you use batch orders?
Firstly, to determine the interest in our project and to build a solid client base. Secondly, it enables us to stay on schedule and properly finance production.

looks legit, I'd buy two

I bet you would. That's why you're a newbie

Hello everyone,

We have become aware of the concerns in the bitcoin community and see it best fit to address the concerns here. The skepticism as to the images used is justified as the ASIC chip is indeed an example of a future product-part. We thought it would be possible to attain the required funds for our first batch delivery based on the information provided to create a solid client base for subsequent batch productions. This is clearly not the case.

We think that it is in our best interest to deliver prototype miner(s) to highly trusted member(s) to establish trust and confidence in our ability to produce and deliver the products. As we are confident we can. This will however delay the 'mass' production, which was initially intended to start as soon as possible. Our supplier has already shown the capability of producing the required hardware. Thus, we feel confident in our combined ability to reach set goals. 

We will dedicate our time to update and provide additional information for the coming period. Tomorrow, we have an appointment with out supplier to discuss the cost and possibility of producing a smaller amount of ASIC modules for the purpose of providing prototypes.

We will keep you posted. Any suggestions regarding efforts from our side towards helping this project reach its potential are very welcome.

Regards,

ASX Project

I don't believe in China or Chinese. They are too well known for scam.

ASX was out of stock yesterday and now shows 219 in stock.  Giving them the benefit of the doubt, I'd assume this is because some people asked for refunds.  Anyone on the forum want to share their refund experience? 

Edit - Did a little more research; whois registered info out of:

Nobby Beach
Queensland,QLD 4218
AU

Hi all,

A new website; www.asxproject.com (from Shenzhen, China) claims to be selling ASIC mining systems with hashrates ranging from 25-125 GH/s when they open in 3 days.

According to their RSS feed they have no customer service office and are an online based company. They expect to be shipping their first 100 orders within 3 weeks after purchase. Does anybody have a legitimacy confirmation or information about them?

Hello everyone,

We have become aware of the concerns in the bitcoin community and see it best fit to address the concerns here. The skepticism as to the images used is justified as the ASIC chip is indeed an example of a future product-part. We thought it would be possible to attain the required funds for our first batch delivery based on the information provided to create a solid client base for subsequent batch productions. This is clearly not the case.

We think that it is in our best interest to deliver prototype miner(s) to highly trusted member(s) to establish trust and confidence in our ability to produce and deliver the products. As we are confident we can. This will however delay the 'mass' production, which was initially intended to start as soon as possible. Our supplier has already shown the capability of producing the required hardware. Thus, we feel confident in our combined ability to reach set goals.  

We will dedicate our time to update and provide additional information for the coming period. Tomorrow, we have an appointment with out supplier to discuss the cost and possibility of producing a smaller amount of ASIC modules for the purpose of providing prototypes.

We will keep you posted. Any suggestions regarding efforts from our side towards helping this project reach its potential are very welcome.

Regards,

ASX Project

Hello everyone,

We have become aware of the concerns in the bitcoin community and see it best fit to address the concerns here. The skepticism as to the images used is justified as the ASIC chip is indeed an example of a future product-part. We thought it would be possible to attain the required funds for our first batch delivery based on the information provided to create a solid client base for subsequent batch productions. This is clearly not the case.

We think that it is in our best interest to deliver prototype miner(s) to highly trusted member(s) to establish trust and confidence in our ability to produce and deliver the products. As we are confident we can. This will however delay the 'mass' production, which was initially intended to start as soon as possible. Our supplier has already shown the capability of producing the required hardware. Thus, we feel confident in our combined ability to reach set goals. 

We will dedicate our time to update and provide additional information for the coming period. Tomorrow, we have an appointment with out supplier to discuss the cost and possibility of producing a smaller amount of ASIC modules for the purpose of providing prototypes.

We will keep you posted. Any suggestions regarding efforts from our side towards helping this project reach its potential are very welcome.

Regards,

ASX Project

Well, ASIC scan v2.0. Which is still (luckily) bad enough, all of their products are out of stock.

On the other hand:
If you are real it would be relatively easy to prove (blockchain via mining, send several samples to trusted members, etc.)

I don't believe in China or Chinese. They are too well known for scam.

Censored ASIC chips found on their website:

https://i.imgur.com/iES9gdu.jpg


Those are 1994 Apple Quickdraw 3D Card ASIC:

https://i.imgur.com/AW6jUm8.jpg

SCAM

OP is probably part of this scam.

Well if someone with 19 posts says so in REALLY BIG letters, I guess I might want to reconsider....