Bitcoin Forum

Bitcoin => Hardware => Topic started by: Ferroh on May 23, 2013, 06:49:13 PM



Title: The ASIC device scams are getting a little fancier.
Post by: Ferroh on May 23, 2013, 06:49:13 PM
https://cryoniks.com

Obvious scam is obvious. Don't preorder these.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: snowcrashed on May 23, 2013, 06:53:36 PM
...but but, the website is so fancy :(


Title: Re: The ASIC device scams are getting a little fancier.
Post by: relm9 on May 23, 2013, 06:54:52 PM
Where did you even find this? Just curious.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Xian01 on May 23, 2013, 06:59:34 PM
Well, trying to look on the bright side, you know Bitcoin is starting to gain mainstream traction when people start spending this much time and effort into concocting a scam.

I wonder if this device will run "Battlefield 4" when it ships later in 2013.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: iANDROID on May 23, 2013, 06:59:53 PM
"CAN I USE MY FROSTBIT™ CRYONIC UNIT TO MINE FOR LITECOIN, PROCESS VIDEO, OR ANYTHING ELSE?
Yes. Yes. And Yes! Future firmware upgrades and software downloads will allow your current FrostBit™ 1000 Cryonic Bitmining units to do many additional system intensive tasks. Register for updates to learn more about the FrostBit™ 3D upgrade."

 :D :D :D :D :D :D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: snowcrashed on May 23, 2013, 07:04:38 PM
For giggles I called their customer support number and you get a message saying "Telephone number 248-283-8835 can't take your call right now, please leave a message".  A landline in Detroit.  And if you want to pay for one of these fabulously fake machines, you have to send a wire transfer.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: redcomet on May 23, 2013, 07:05:40 PM
Only payment option is wire transfer hmmm

ACCT 375011511310
ACCT NAME Cryoniks Inc.
SWIFT CODE: BOFAUS3N
ABA# 0260-0959-3
Amount Payable: $ 14,995

Nitrogen sourced from the atmosphere to cool the unit sounds pretty badass I must admit.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Caesium on May 23, 2013, 07:06:45 PM
Quote
Worlds first PC with on-board liquid nitrogen generator

:D :D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Ferroh on May 23, 2013, 07:16:10 PM
Where did you even find this? Just curious.

They bought a press release here:

http://www.digitaljournal.com/pr/1265300


Title: Re: The ASIC device scams are getting a little fancier.
Post by: redcomet on May 23, 2013, 07:16:27 PM
Amateur sleuthing in Michigan's LARA database turned up
Quote
Searched for: CRYONIKS, INC.

ID Num: 05133X

    
Entity Name: CRYONIKS, INC.

Type of Entity: Domestic Profit Corporation
Resident Agent: RALPH R SAFFORD

Registered Office Address: 40900 WOODWARD AVE STE 275  BLOOMFIELD HILLS   MI  48304
Mailing Address:   MI

Formed Under Act Number(s): 284-1972          

Incorporation/Qualification Date: 4-16-2013

Jurisdiction of Origin: MICHIGAN

Number of Shares: 60,000

Year of Most Recent Annual Report:

Year of Most Recent Annual Report With Officers & Directors:

Status: ACTIVE   Date: Present

http://www.dleg.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=05133X&name_entity=CRYONIKS,%20INC.

The Articles of Incorporation are also available for viewing - nothing interesting just the same registered agent name.

Someone else can take it from here


Title: Re: The ASIC device scams are getting a little fancier.
Post by: redtwitz on May 23, 2013, 07:24:37 PM
Man, they have a lot of imagination.

Quote
We mainly insist that FrostBit™ Cryonic Bitmining units be installed on level ground in a well-ventilated and dust-free room. During the first 24 hours, Nitrogen gas from the environment will be collected and stored within leaving a slightly Oxygen rich environment. NEVER run your FrostBit™ Cryonic Bitmining units running near an open flame.

Now I want a liquid nitrogen cooled 1 TH/s ASIC miner that does video processing... :(


Title: Re: The ASIC device scams are getting a little fancier.
Post by: alxs on May 23, 2013, 07:29:26 PM
Now I want a liquid nitrogen cooled 1 TH/s ASIC miner that does video processing... :(

lmao!!!  ;D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Etunem on May 23, 2013, 07:39:30 PM
...but but, the website is so fancy :(

+1


Title: Re: The ASIC device scams are getting a little fancier.
Post by: dwdoc on May 23, 2013, 07:59:25 PM
Here's the email you get if you "pre-order":

Sending Funds
To send funds to Cryoniks, Inc., please ensure that the above provided information is correct. If you need help changing your billing or shipping address, or to modify your order, kindly contact Customer Support.

Wire Transfer Instructions


Bank of America NA
100 W. 33rd Street
New York NY 10001

ACCT XXXXXXXXXXXXX
ACCT NAME Cryoniks Inc.
SWIFT CODE: BOFAUS3N
ABA# 0260-0959-3
Amount Payable: $ 14,995
Wire Notes (Optional): CR-FB-50020

All amounts are in U.S dollars. Cryoniks, Inc. reserves the right to deny any transaction originating from non U.S sanctioned institutions or originating locations. If you have any questions or require assistance with your transfer, kindly contact Customer Support for immediate assistance. Upon receipt of funds, an email confirmation will be sent to you along with additional important information and further directions. Thank you for choosing Cryoniks, Inc.

Bank of America and the stylized "U.S Flag" logo are registered trademarks of Bank of America NA. All rights reserved.

Cryoniks™, Frostbit™, ASIC+ Cryonic Architecture™, and the stylized snowflake logo are registered trademarks or trademarks of Cryoniks, Inc USA. All rights Reserved. This message along with any attachments, is confidential, is intended only for the use of the addressee(s) and may contain information, which is covered by legal, professional, or other privilege. If you are not the intended recipient, any copying, distribution, or use of this message or its attachments, or of the information contained therein is strictly prohibited. If you are not the intended recipient, kindly destroy this message and its attachments and notify us at support@cryoniks.com immediately.

© 2013 Cryoniks Inc. All rights reserved.
 


Title: Re: The ASIC device scams are getting a little fancier.
Post by: RoadStress on May 23, 2013, 08:14:43 PM
How do we catch them now?:D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: billotronic on May 23, 2013, 08:53:13 PM
Shit they are using Snakes Bank of America... its defintially a scam!


Title: Re: The ASIC device scams are getting a little fancier.
Post by: clark3934 on May 23, 2013, 10:16:51 PM
After digging through some js, I found where they got the design from: http://www.bitwize.com.lb (http://www.bitwize.com.lb)

Well, I assume whoever scammers probably stole the design from them, since Bitwize seems to be a legitimate Lebanese firm.


https://i.imgur.com/2pVRKsl.jpg?1

https://i.imgur.com/8sv9hNT.jpg?1

I haven't found the exact design yet, but I'm sure it's out there because there is no way a scammer would pay for this. Also, I searched through Bitwize's social media accounts, but couldn't find any explicit connection to Bitcoin, so I'm just going to assume whoever is behind Cryoniks started googling phrases that started with "bit", came across this website, and decided to steal a design.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Matthew N. Wright on May 23, 2013, 10:19:00 PM
I wouldn't be surprised if this was set up by Ed Trice (https://bitcointalk.org/index.php?topic=179747.0).


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 23, 2013, 10:26:07 PM
Quickly Robin, to the Coin Canary database!   8)


Title: Re: The ASIC device scams are getting a little fancier.
Post by: pikeadz on May 23, 2013, 10:58:54 PM
Amateur sleuthing in Michigan's LARA database turned up
Quote
Searched for: CRYONIKS, INC.

ID Num: 05133X

    
Entity Name: CRYONIKS, INC.

Type of Entity: Domestic Profit Corporation
Resident Agent: RALPH R SAFFORD

Registered Office Address: 40900 WOODWARD AVE STE 275  BLOOMFIELD HILLS   MI  48304
Mailing Address:   MI

Formed Under Act Number(s): 284-1972          

Incorporation/Qualification Date: 4-16-2013

Jurisdiction of Origin: MICHIGAN

Number of Shares: 60,000

Year of Most Recent Annual Report:

Year of Most Recent Annual Report With Officers & Directors:

Status: ACTIVE   Date: Present

http://www.dleg.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=05133X&name_entity=CRYONIKS,%20INC.

The Articles of Incorporation are also available for viewing - nothing interesting just the same registered agent name.

Someone else can take it from here


I have family in that city.  I just might have my brother in law pay him a surprise visit.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 23, 2013, 11:05:14 PM
Amateur sleuthing in Michigan's LARA database turned up
Quote
Searched for: CRYONIKS, INC.

ID Num: 05133X

    
Entity Name: CRYONIKS, INC.

Type of Entity: Domestic Profit Corporation
Resident Agent: RALPH R SAFFORD

Registered Office Address: 40900 WOODWARD AVE STE 275  BLOOMFIELD HILLS   MI  48304
Mailing Address:   MI

Formed Under Act Number(s): 284-1972          

Incorporation/Qualification Date: 4-16-2013

Jurisdiction of Origin: MICHIGAN

Number of Shares: 60,000

Year of Most Recent Annual Report:

Year of Most Recent Annual Report With Officers & Directors:

Status: ACTIVE   Date: Present

http://www.dleg.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=05133X&name_entity=CRYONIKS,%20INC.

The Articles of Incorporation are also available for viewing - nothing interesting just the same registered agent name.

Someone else can take it from here


I have family in that city.  I just might have my brother in law pay him a surprise visit.

Totally should do that  ;D ;D



Another thing I found that is kinda weird-

   Domain Privacy Service
   1958 South 950 East
   Provo, Utah 84606
   United States
   Phone: +1.8017659400
   Fax..:
   Email: whois@bluehost.com
   Last modified: 2012-10-18 18:12:21 GMT
Status: Locked
Domain servers in listed order:
   NS1.MYBITWIZE.COM
   NS2.MYBITWIZE.COM

Correct me if I am mistaken, but it seems Bitwize made the Cryoniks site and hosts it....their DNS points to Bitwize name servers


Title: Re: The ASIC device scams are getting a little fancier.
Post by: clark3934 on May 24, 2013, 12:01:08 AM
Amateur sleuthing in Michigan's LARA database turned up
Quote
Searched for: CRYONIKS, INC.

ID Num: 05133X

    
Entity Name: CRYONIKS, INC.

Type of Entity: Domestic Profit Corporation
Resident Agent: RALPH R SAFFORD

Registered Office Address: 40900 WOODWARD AVE STE 275  BLOOMFIELD HILLS   MI  48304
Mailing Address:   MI

Formed Under Act Number(s): 284-1972          

Incorporation/Qualification Date: 4-16-2013

Jurisdiction of Origin: MICHIGAN

Number of Shares: 60,000

Year of Most Recent Annual Report:

Year of Most Recent Annual Report With Officers & Directors:

Status: ACTIVE   Date: Present

http://www.dleg.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=05133X&name_entity=CRYONIKS,%20INC.

The Articles of Incorporation are also available for viewing - nothing interesting just the same registered agent name.

Someone else can take it from here


I have family in that city.  I just might have my brother in law pay him a surprise visit.

Totally should do that  ;D ;D



Another thing I found that is kinda weird-

   Domain Privacy Service
   1958 South 950 East
   Provo, Utah 84606
   United States
   Phone: +1.8017659400
   Fax..:
   Email: whois@bluehost.com
   Last modified: 2012-10-18 18:12:21 GMT
Status: Locked
Domain servers in listed order:
   NS1.MYBITWIZE.COM
   NS2.MYBITWIZE.COM

Correct me if I am mistaken, but it seems Bitwize made the Cryoniks site and hosts it....their DNS points to Bitwize name servers

If you look at their facebook page (https://www.facebook.com/Cryoniks), only one of their posts has a like, and its by some guy in Lebanon. So maybe they did buy a site from them?

Also, if you look through their privacy policy, you'll find a link to a user agreement, which lists the following contact info:

Cryoniks, Inc.
40900 Woodward, Ste. 275
Bloomfield Hills, MI  48304
Attn: Safford & Baker, PLLC

Which confirms the LARA registration and actually seems to be a real law firm: http://www.saffordbaker.com/ (http://www.saffordbaker.com/)


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Moxiebot on May 24, 2013, 01:19:30 AM
I have family in that city.  I just might have my brother in law pay him a surprise visit.

That'd be awesome... let us know how it goes.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: jedunnigan on May 24, 2013, 02:02:16 AM
It got a bit on Mineforman and techcrunch. lol oh boy

http://techcrunch.com/2013/05/23/the-cryonic-bitcoin-mining-machine-is-15000-of-pure-btc-power/
http://mineforeman.com/2013/05/24/new-manufacturer-enters-the-bitcoin-asic-arena-with-the-cryonic-frostbit/
http://www.seattlepi.com/business/press-releases/article/Cryonic-FrostBit-Bitcoin-Miner-Unveiled-to-4543010.php
from
http://www.prweb.com/releases/prweb2013/5/prweb10764188.htm


Title: Re: The ASIC device scams are getting a little fancier.
Post by: BitcoinBarrel on May 24, 2013, 03:13:29 AM
I wonder if they have a Million GH/s super Rig in the works?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: VJLoops on May 24, 2013, 01:45:12 PM

I have family in that city.  I just might have my brother in law pay him a surprise visit.

I'd pay for gas and lunch for some video evidence. 

I believe this is the man who filed the documents.

www.linkedin.com/in/randysafford


Title: Re: The ASIC device scams are getting a little fancier.
Post by: flowdab on May 24, 2013, 03:22:07 PM
Also, the website lists certain trademarks. A search of the USPTO.gov database returns NO results for Cryoniks or Frostbit. They are illegally using the TM designation after their good designations.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 24, 2013, 03:31:27 PM
Also, the website lists certain trademarks. A search of the USPTO.gov database returns NO results for Cryoniks or Frostbit. They are illegally using the TM designation after their good designations.

It isn't illegal to use them I think, it just means wherever they appear on their logos and such have zero merit.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: flowdab on May 24, 2013, 03:47:12 PM
Also, the website lists certain trademarks. A search of the USPTO.gov database returns NO results for Cryoniks or Frostbit. They are illegally using the TM designation after their good designations.

It isn't illegal to use them I think, it just means wherever they appear on their logos and such have zero merit.

Correct. Poor word choice on my part.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: flowdab on May 24, 2013, 04:33:56 PM
The people from Cryonik have posted a pretty lengthy post on reddit:

http://www.reddit.com/r/Bitcoin/comments/1ez8br/cryoniks_inc_lets_talk_frostbittm/


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Matthew N. Wright on May 24, 2013, 05:23:51 PM
Also, the website lists certain trademarks. A search of the USPTO.gov database returns NO results for Cryoniks or Frostbit. They are illegally using the TM designation after their good designations.

It isn't illegal to use them I think, it just means wherever they appear on their logos and such have zero merit.

Correct. Poor word choice on my part.

TM is just trademark, and it requires no registration. ® requires registration and is illegal to claim unless registered.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: dexX7 on May 24, 2013, 07:19:09 PM
The people from Cryonik have posted a pretty lengthy post on reddit:

http://www.reddit.com/r/Bitcoin/comments/1ez8br/cryoniks_inc_lets_talk_frostbittm/

Oh wow, there is an interessting comment:

Quote
This is a scam, /u/CryoniksInc should be tagged as a scammer and shadowbanned. This is a known scam, people have already lost tens of thousands of dollars (https://bitcointalk.org/index.php?topic=179747.0) and the authorities are already involved. But seriously, guys:
Quote
we use a custom-modified Stirling Generator that uses Helium Compression Technology to super-cool a custom-designed condenser...
A fool and his money are soon parted, I suppose. Don't give these guys a dime. Ed Trice has been investigated for embezzlement and lost a $2M lawsuit for being a scammer a couple years back. Delaware detectives are currently searching for Ed Trice. Don't go near this scam "company".

But are they the same?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: joae1975 on May 25, 2013, 11:54:15 AM
I heard about it in the Coinbits app news section.
https://itunes.apple.com/us/app/coinbits-free-bitcoin-ticker/id457475022?mt=8


Title: Re: The ASIC device scams are getting a little fancier.
Post by: irritant on May 25, 2013, 03:16:59 PM
fyi niks is dutch for nothing, funny guyes  cryoniks




Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 25, 2013, 04:14:47 PM
The people from Cryonik have posted a pretty lengthy post on reddit:

http://www.reddit.com/r/Bitcoin/comments/1ez8br/cryoniks_inc_lets_talk_frostbittm/

Oh wow, there is an interessting comment:

Quote
This is a scam, /u/CryoniksInc should be tagged as a scammer and shadowbanned. This is a known scam, people have already lost tens of thousands of dollars (https://bitcointalk.org/index.php?topic=179747.0) and the authorities are already involved. But seriously, guys:
Quote
we use a custom-modified Stirling Generator that uses Helium Compression Technology to super-cool a custom-designed condenser...
A fool and his money are soon parted, I suppose. Don't give these guys a dime. Ed Trice has been investigated for embezzlement and lost a $2M lawsuit for being a scammer a couple years back. Delaware detectives are currently searching for Ed Trice. Don't go near this scam "company".

But are they the same?

Sounds like it is probably the same, I've never seen any other companies claim to have such a cooling device.

We need some proof that Trice is part of this, Ill dig around today and see what I can find out. I'm waiting for a DNS change so I have some time on my hands until it propegates  ;D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: sleevedbiker on May 25, 2013, 04:17:56 PM
https://cryoniks.com

Obvious scam is obvious. Don't preorder these.

May I see your evidence of a scam? Hopefully you're not actually trying to claim that concept art is a scam. I think what you meant to say was, "This might be a scam". Because if something is obviously a scam, than you would have some evidence to back up your claims.

Interestingly enough, these links that were posted that some of you are believing to be credible are claiming ButterflyLabs is legit as so many people on here are misusing the word "scam" toward them as well.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 25, 2013, 05:54:18 PM
The CEO of Cryoniks has apparently been involved in some other scammery


http://www.kickstarter.com/projects/crypteks/crypteks-usbtm-encrypted-and-lockable-usb-solution/comments?cursor=2559443


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Matthew N. Wright on May 25, 2013, 05:56:45 PM
https://cryoniks.com

Obvious scam is obvious. Don't preorder these.

May I see your evidence of a scam? Hopefully you're not actually trying to claim that concept art is a scam. I think what you meant to say was, "This might be a scam". Because if something is obviously a scam, than you would have some evidence to back up your claims.

Interestingly enough, these links that were posted that some of you are believing to be credible are claiming ButterflyLabs is legit as so many people on here are misusing the word "scam" toward them as well.

The website in question is only a scam when they don't deliver. The problem is, their claims are against the laws of phyics, so you call them liars, and if they're accepting funds in exchange for it, you can safely assume they are defacto scammers until proven otherwise.

That said, there is absolutely no chance of getting users of this forum to learn English and use the words "cheat", "lie", "steal", "deceive", "fail" or "mislead". They just love making up definitions so much and bundling them all into words that don't fit so that it gives a better impact for their libel campaigns. Oh the joys of anonymity.

"KFC is a SCAM because they forgot my chicken wing!"


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 25, 2013, 05:57:55 PM
https://cryoniks.com

Obvious scam is obvious. Don't preorder these.

May I see your evidence of a scam? Hopefully you're not actually trying to claim that concept art is a scam. I think what you meant to say was, "This might be a scam". Because if something is obviously a scam, than you would have some evidence to back up your claims.

Interestingly enough, these links that were posted that some of you are believing to be credible are claiming ButterflyLabs is legit as so many people on here are misusing the word "scam" toward them as well.

This company that has not proven their device exists in the slightest but are happy to take your money anyway. This is just a fancy website, with a nice graphic, and techno-wizardry sounding PR release (as a technical person can tell you is mostly all a bunch of Gee-whiz! sounding bullshit more at home on an episode of Star Trek), and nothing more.

BFL has shipped some stuff but their business practices are also shady as hell.



Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 25, 2013, 06:13:46 PM
Well, more digging-

The CEO is involved with another business called Crypteks  

Also another thing called Cryptrade  http://www.cryptrade.com/#/home (http://www.cryptrade.com/#/home)

Notice on the Crypteks Facebook, a like for Bitwize  https://www.facebook.com/crypteks (https://www.facebook.com/crypteks), and Bitwize linkage on the Cryptrade home page with a very similar template used by Cryoniks

Kickstarter that has people questioning them as fraudulent with refund run-arounds    http://www.kickstarter.com/projects/crypteks/crypteks-usbtm-encrypted-and-lockable-usb-solution/comments (http://www.kickstarter.com/projects/crypteks/crypteks-usbtm-encrypted-and-lockable-usb-solution/comments), speculation that the business is actually run from Lebanon

Reddit has plenty to say on this (http://www.reddit.com/r/gadgets/comments/1edvhu/crypteks_usb_kickstarter_goes_silent_the_dark/)

Particularly-

Quote
As horrible as it is for the backers, it's a sad fact that not every company will be able to make it. What's "dark" and terrible about this company is that they chose to neither communicate properly to their backers, nor were competent enough to give refunds.
I've been checking out kickstarter for a while. They do their best to see real material and such before approving projects for their site. While, yes, try do make money regardless of whether the project delivers or not, they DO actively block people to abuse their platform. I mean, they require something real and tangible for most projects. Software is the only real exception there, and perhaps a few games. I think they do a good job policing projects before they get approved. And, if the projects take your money and run, it doesn't look good for them, either.
And, like they've said, and numerous others have said, this is product investment by crowd. It's a risk. You're not pre-ordering or buying a product, you're giving them funding. If thing go the way they're supposed to, you get something back. And, if not, you get a refund. If you don't, some time of legal recourse should be appropriate, or just calling your credit card company and nixing the charge. The only time it's not really a risk is if it's a successful person or company that's finished one project, delivered, and then put another up.
Those guys should be ashamed of themselves for not communicating properly. If they need more time because of delays, say so. If you completely failed, detail why. Crowd-funding isn't just about getting money. It's about small companies and groups learning how to put out products without having massive debts or big name investors reaching down their backs. Some people wouldn't be able to deliver something at all if it wasn't for this model. Sharing your mistakes is more important that sharing your successes. It helps show the way for others. It's not just crowd-funding, it's crowd-learning about entrepreneurship.

Previous registration for another business in MI

TRAKTRADE LLC was formed on 2006-01-12 in Michigan by FAHAD KOUMAIHA.

FORMATION
Universal ID
MI-B7333X
Name
TRAKTRADE LLC
Registration Number
B7333X
Type
Domestic Limited Liability Company
Kind
Domestic Limited Liabilit
Status
ACTIVE, BUT NOT IN GOOD STANDING AS OF 2-17-2009 (just means they didn't refile the LLC)
Formation Date
2006-01-12
OFFICERS
Registered Agent
FAHAD KOUMAIHA




It seems like Ed Trice is all over this too with previous scammery involving these nitrogen cooling units but I havn't found any solid linkage there



RED ALERT


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Matthew N. Wright on May 25, 2013, 06:20:07 PM
It seems like Ed Trice is all over this too with previous scammery involving these nitrogen cooling units but I havn't found any solid linkage there

Hate to over simplify, but that was my absolute first thought when seeing the scam site's name.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 25, 2013, 06:38:08 PM
It seems like Ed Trice is all over this too with previous scammery involving these nitrogen cooling units but I havn't found any solid linkage there

Hate to over simplify, but that was my absolute first thought when seeing the scam site's name.

Seems like has to be but I have not seen anything directly tying the two. If they are in cahoots they are certainly keeping that part quiet


Title: Re: The ASIC device scams are getting a little fancier.
Post by: razorfishsl on May 25, 2013, 10:57:16 PM
Quote
Worlds first PC with on-board liquid nitrogen generator

:D :D

liquid-nitrogen-generator....  
http://citizensciencequarterly.com/2011/05/10/liquid-nitrogen-generator/

Kudos to them managing to get all that in such a nice case......

But wow......

Quote
We’ve taken ASIC processing to the next level with our patent pending ASIC+ Cryonic Architecture™ featuring select low-temperature superconducting materials.

Quote
hrough a patent pending “scrubbing” process, each FrostBit™ Cryonic unit is designed to filter atmospheric nitrogen gas of dust, moisture, and other impurities.

So the thing also shits little pellets of contaminates....


And to stop you 'peeking inside'
Quote
After assembly, each unit is injected with specially formulated acoustically and thermally insulating foam ensuring cool and quite operation.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 26, 2013, 01:12:16 AM
Quote
Worlds first PC with on-board liquid nitrogen generator

:D :D

liquid-nitrogen-generator....  
http://citizensciencequarterly.com/2011/05/10/liquid-nitrogen-generator/

Kudos to them managing to get all that in such a nice case......

But wow......

Quote
We’ve taken ASIC processing to the next level with our patent pending ASIC+ Cryonic Architecture™ featuring select low-temperature superconducting materials.

Quote
hrough a patent pending “scrubbing” process, each FrostBit™ Cryonic unit is designed to filter atmospheric nitrogen gas of dust, moisture, and other impurities.

So the thing also shits little pellets of contaminates....


And to stop you 'peeking inside'
Quote
After assembly, each unit is injected with specially formulated acoustically and thermally insulating foam ensuring cool and quite operation.

Im surprised it doesn't come with an antimatter warp core to power it   ;D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: gica_contra on May 26, 2013, 07:36:44 AM
The had a promo to also get a flux capacitor with every unit but sadly it ended before I got my order in  :D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Lauda on May 26, 2013, 09:35:00 AM
Quote
Worlds first PC with on-board liquid nitrogen generator

:D :D

 ;D
Haha these scams come funnier everyday.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 26, 2013, 02:26:27 PM
Just for fun I tried to search for their patents for this sweet cooling tech and their  strip LED lighting from the future....

Take a guess what I found?   Zilch  :-X


Title: Re: The ASIC device scams are getting a little fancier.
Post by: costapete on May 26, 2013, 02:54:32 PM
https://i.imgur.com/YQk4W7m.jpg




Ordered 2...   One for eBay and one for my friend Biff


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Teka on May 26, 2013, 03:00:19 PM
https://i.imgur.com/YQk4W7m.jpg




Ordered 2...   One for eBay and one for my friend Biff


Sweet! How much are they charging for one of these bad boys? I will take 500 for a project that me and Kim Jong-un are working on.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: costapete on May 26, 2013, 03:13:20 PM
https://i.imgur.com/YQk4W7m.jpg




Ordered 2...   One for eBay and one for my friend Biff


Sweet! How much are they charging for one of these bad boys? I will take 500 for a project that me and Kim Jong-un are working on.


If you send BTC to my address ill make sure you in batch 1.     Shipping in 2 weeks.   


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Geez on May 26, 2013, 03:15:54 PM
I just checked the prices: $15k for one TH/s...

One Tera Hash gives you $5.6k every single day. You would be an idiot if you think they will ever ship you such a thing for so cheap.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Teka on May 26, 2013, 03:20:24 PM
https://i.imgur.com/YQk4W7m.jpg




Ordered 2...   One for eBay and one for my friend Biff


Sweet! How much are they charging for one of these bad boys? I will take 500 for a project that me and Kim Jong-un are working on.


If you send BTC to my address ill make sure you in batch 1.     Shipping in 2 weeks.   

2 weeks? I need it a bit faster due to some issues with the United Nations.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Aureum_Coffee on May 26, 2013, 07:56:53 PM
https://i.imgur.com/YQk4W7m.jpg




Ordered 2...   One for eBay and one for my friend Biff

Does it come with a box of banana peels and a case of Coors?  

LOL   :D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: firefop on May 26, 2013, 10:06:03 PM
Being a bit of a self proclaimed expert on Stirling engines this offering while pretty is clearly a scam.

You might be able to design a stirling engine to act as a heat pump, but it has moving parts that require regular service and lubrication. It's a single piston system. Thus it creates noise and constant vibrations that you would never want attached or even in the same mounting plate as electronic equipment. It would literally shake anything apart given enough time and the vibration would cause noise.

   


Title: Re: The ASIC device scams are getting a little fancier.
Post by: dwdoc on May 27, 2013, 02:23:37 AM
No cold fusion capability?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: ebildude123 on May 27, 2013, 05:14:01 AM
I must say, that scam asic looks pretty beast.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: razorfishsl on May 28, 2013, 01:18:43 PM
Just for fun I tried to search for their patents for this sweet cooling tech and their  strip LED lighting from the future....

Take a guess what I found?   Zilch  :-X

Then you did not search very well.... there IS cooling tech available to cool without Peltier or compressor. (start with :Stirling cryocoolers )
A Japanese company has a system where you have a sealed canister and stir a liquid and it does indeed produce significant cooling at one end of the device.

The reason I know this was I was asked to 'design' a wine cooler/ Refrigerator that did not use any of the conventional methods.
Problem was the licensing fee was massive and you could only buy units from the jap. company.

So I would not discount the cooling tech.. however even with the cooling tech, there does not seem enough room in the case for the number of chips needed.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Schrankwand on May 28, 2013, 01:58:48 PM
So, who makes me a fancy website like that for my shop?


I want to learn from the scammers for my own business :D

Is the design custom or do you guys think they just ripped it off somewhere?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 28, 2013, 02:01:36 PM
Just for fun I tried to search for their patents for this sweet cooling tech and their  strip LED lighting from the future....

Take a guess what I found?   Zilch  :-X

Then you did not search very well.... there IS cooling tech available to cool without Peltier or compressor. (start with :Stirling cryocoolers )
A Japanese company has a system where you have a sealed canister and stir a liquid and it does indeed produce significant cooling at one end of the device.

The reason I know this was I was asked to 'design' a wine cooler/ Refrigerator that did not use any of the conventional methods.
Problem was the licensing fee was massive and you could only buy units from the jap. company.

So I would not discount the cooling tech.. however even with the cooling tech, there does not seem enough room in the case for the number of chips needed.

My meaning was this company has no patents of any kind on file under the owner or the company by name



Title: Re: The ASIC device scams are getting a little fancier.
Post by: androz on May 30, 2013, 12:32:44 AM
the cryo device is weak, look at this guys  ;D

TekStart Bitcoin Miner - 1.5TH/s expands to 10TH/s


TekStart LLC is offering the purchaser the rights to the first, expandable multi-TH/s system currently under development. We have the spec sheets available for review, however, they require a signed Non-Disclosure Agreement (NDA) to be in place before sending. The receive an NDA, send a message to the SELLER.

The completion of the ASIC development will commence once the deposit has been received.

Cost of initial system: $350,000.
Deposit: $175,000

Details; This rack-mounted, ASIC-based system has 16 PCB's each with 64 ASIC chips, The end design will yield a system with a performance of the order of ten (10) TH/s (Tera Hashes per second). The rackmount system connects to a host via a Raspberry Pi. This system is designed with correct cooling and power supplies for deployment in a data center environment.

http://www.ebay.com/itm/TekStart-Bitcoin-Miner-1-5TH-s-expands-10TH-s-/181148681633?pt=LH_DefaultDomain_0&hash=item2a2d4d85a1

who gonna see the specs of this 10Th toy? 8)

probably some ferengi is thinking to plan a trip here from gamma quadrant, many opportunity to sell a scam dilithyum miner  8)


Title: Re: The ASIC device scams are getting a little fancier.
Post by: dwdoc on May 30, 2013, 04:18:29 AM

Seller has some good feedback. Sold some stilettos in 2008...

   Great and easy transaction. Simple as pie!! Great Ebayer!! A+++   cymru8 ( 418)     Jun-02-08 20:32
    ICONE WOMAN'S SEXY STILETTO PUMPS - BLACK SIZE 38/8 NIB (#180242399285)   


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Operatr on May 30, 2013, 02:25:52 PM
the cryo device is weak, look at this guys  ;D

TekStart Bitcoin Miner - 1.5TH/s expands to 10TH/s


TekStart LLC is offering the purchaser the rights to the first, expandable multi-TH/s system currently under development. We have the spec sheets available for review, however, they require a signed Non-Disclosure Agreement (NDA) to be in place before sending. The receive an NDA, send a message to the SELLER.

The completion of the ASIC development will commence once the deposit has been received.

Cost of initial system: $350,000.
Deposit: $175,000

Details; This rack-mounted, ASIC-based system has 16 PCB's each with 64 ASIC chips, The end design will yield a system with a performance of the order of ten (10) TH/s (Tera Hashes per second). The rackmount system connects to a host via a Raspberry Pi. This system is designed with correct cooling and power supplies for deployment in a data center environment.

http://www.ebay.com/itm/TekStart-Bitcoin-Miner-1-5TH-s-expands-10TH-s-/181148681633?pt=LH_DefaultDomain_0&hash=item2a2d4d85a1

who gonna see the specs of this 10Th toy? 8)

probably some ferengi is thinking to plan a trip here from gamma quadrant, many opportunity to sell a scam dilithyum miner  8)

Whoever buys into this without checking into it first deserves to get scammed  ::)


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Tomintx on June 14, 2013, 05:58:36 PM
I have found a picture of the Cryoniks device before they put it thru their disgronifier and shrank it down to desktop size:

http://www.marcellus-shale.us/images/Compressor.jpg

This is pretty much what you need in order to harvest nitrogen from the atmosphere, and that's just the compressor side.  You still need a big vertical column for separating the different components.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Micky25 on June 14, 2013, 06:13:57 PM
+1 ^  :D


Title: Re: The ASIC device scams are getting a little fancier.
Post by: cp1 on June 14, 2013, 06:17:34 PM
The size just determines the rate at which you can produce the LN2.  There are plenty that fit in a small shed.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: JimboToronto on June 14, 2013, 06:41:01 PM
But, but, but......

Programmable light strips FTW.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: joae1975 on June 14, 2013, 09:37:53 PM
Remember the huge computer room of the 1960's and how it's the size of my iPhone now?  I honestly believe such things are possible.  Capitalism creates these innovations.  It sounds like science fiction now, but imagine if you told the geeks of the 60's that you can build that same computer to be the size if your wallet? They'd laugh at you call it a scam. I'd really like to see a video from these guys explaining a bit more and letting their customers know who they are.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: JoeMattie on June 16, 2013, 07:16:30 PM
What bothers me about this whole thing is that the technology the site is advertising is actually well within the realm of possibility.

Now, don't get me wrong, this is totally a scam.  However, as someone who works with HTSCs (high temp superconductors) and home LN2 production in his spare time, I find it disconcerting that everyone is so skeptical about the tech. 

STI has been making devices that utilize superconducting chips for years now.  They have an integrated pulse-tube sterling cryocooler inside the devices to get the chip down to the requisite <80K.

http://www.ebay.com/itm/850SLB6F1R-SUPERCONDUCTOR-TECHNOLOGIES-CRYOCOOLER-SUPERLINK-RX-850MHZ-/390609335037?pt=Other_Telecom_Equipment&hash=item5af22172fd

Heck, Ben Krasnow has been using the cryocoolers from these exact devices to make LN2 for years: http://benkrasnow.blogspot.com/2008/08/diy-liquid-nitrogen-generator.html

Summary: heck of a well researched scam.

Just my two bitcents


Title: Re: The ASIC device scams are getting a little fancier.
Post by: grobbes on June 21, 2013, 03:36:12 AM
bloomfield hills? I'm just over an hour from there and grew up within 30 mins. tempted to pay this asshole a visit.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: boewie on June 21, 2013, 08:34:59 AM
From their Product description..
Quote
(5) Software supports Microsoft Windows XP SP3+, Apple OSX Lion 10.5.x or higher, and Linux v2.6 Kernel+. Windows, Windows XP, OSX Lion are registered trademarks of Microsoft Corp. and Apple Inc. respectively. All rights reserved

Pretty up to date thou


Title: Re: The ASIC device scams are getting a little fancier.
Post by: tacoman71 on July 04, 2013, 01:26:08 AM
After digging through some js, I found where they got the design from: http://www.bitwize.com.lb

Well, I assume whoever scammers probably stole the design from them, since Bitwize seems to be a legitimate Lebanese firm.


https://i.imgur.com/2pVRKsl.jpg?1

https://i.imgur.com/8sv9hNT.jpg?1

I haven't found the exact design yet, but I'm sure it's out there because there is no way a scammer would pay for this. Also, I searched through Bitwize's social media accounts, but couldn't find any explicit connection to Bitcoin, so I'm just going to assume whoever is behind Cryoniks started googling phrases that started with "bit", came across this website, and decided to steal a design.
When they responded to an email I sent, I used 4 different websites to trace the email using the header. 2 websites said it originated from utah, the other 2 said it originated from Lebanon. Coincidence?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: -Redacted- on July 04, 2013, 03:47:03 PM
The ones that said Utah traced back via the NSA copy of the email.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: PsychoticBigBoy on July 05, 2013, 03:03:58 AM

hahaha!! great!


Title: Re: The ASIC device scams are getting a little fancier.
Post by: rtf on July 05, 2013, 05:12:22 PM
Their website looks really good.


Title: Re: The ASIC device scams are getting a little fancier.
Post by: Bitcoinorama on July 05, 2013, 05:52:11 PM
After digging through some js, I found where they got the design from: http://www.bitwize.com.lb

Well, I assume whoever scammers probably stole the design from them, since Bitwize seems to be a legitimate Lebanese firm.


https://i.imgur.com/2pVRKsl.jpg?1

https://i.imgur.com/8sv9hNT.jpg?1

I haven't found the exact design yet, but I'm sure it's out there because there is no way a scammer would pay for this. Also, I searched through Bitwize's social media accounts, but couldn't find any explicit connection to Bitcoin, so I'm just going to assume whoever is behind Cryoniks started googling phrases that started with "bit", came across this website, and decided to steal a design.
When they responded to an email I sent, I used 4 different websites to trace the email using the header. 2 websites said it originated from utah, the other 2 said it originated from Lebanon. Coincidence?

I emailed 'Bitwize' when Cryoniks was first being touted, prior to Arts Technica or Tech Crunch giving the owner a huge free PR boost interviewing him.

Bitwize wanted to know who I was before directing my email to 'management'.

Bitwize pulled a huge 'cry' scam on Kickstarter the year before for a security code USB thumb vault.

Took a couple of hundred grand an produced nothing, pissed off a lot of people. Bitwize, Cryptek and Cryoniks are one and the same, they are meant to be based in Lebanon.

http://www.kickstarter.com/projects/1059262388/keybit-magsafe-adapter-key-ring


Title: Re: The ASIC device scams are getting a little fancier.
Post by: bitpop on December 05, 2013, 12:03:53 PM
Have they shipped?


Title: Re: The ASIC device scams are getting a little fancier.
Post by: xstr8guy on December 05, 2013, 12:09:50 PM
"CAN I USE MY FROSTBIT™ CRYONIC UNIT TO MINE FOR LITECOIN, PROCESS VIDEO, OR ANYTHING ELSE?
Yes. Yes. And Yes! Future firmware upgrades and software downloads will allow your current FrostBit™ 1000 Cryonic Bitmining units to do many additional system intensive tasks. Register for updates to learn more about the FrostBit™ 3D upgrade."

 :D :D :D :D :D :D

I bet it will even play my old Betamax tapes!


Title: Re: The ASIC device scams are getting a little fancier.
Post by: kr105 on December 05, 2013, 05:13:02 PM
I wouldn't be surprised if this was set up by Ed Trice (https://bitcointalk.org/index.php?topic=179747.0).
Lol @ papamoi