Bitcoin Forum

Hi,
 i was reading about theese new Syan miners, but never heard about this company. Did anybody have any experience with them or is it just another scam?

https://syanmining.com/hardware/

So far all they have is a bunch of press releases and not much proof the chip exists.

Looks like a nice miner though! Website is a little bit slow, but looks quite polished.

seems to me like they're designing it as a home miner (especially with the water cooled parts). one thing that i'm not sure about though is the fan working @ 6,200 RPM - seems very high to me, which might indicate it would be very noisy if aimed at being a home miner.

I would question why they haven't been active on this forum though. If they were going to introduce themselves as a new bona fide manufacturer, then they would definitely have a relationship with the forum, and most probably some of the more senior and serious miners.

it is listed as sold out.  No visuals .  Another wait and see item.

Either this is a new venture for them or a 'startup company'

Site was recently registered.
Domain Information
Domain: syanmining.com
Registrar: NameCheap Inc.
Registration Date: 2017-06-23
Expiration Date: 2018-06-23
Updated Date: 2017-06-23
Status: clientTransferProhibited
Name Servers:dns11.hosthongkong.com
dns12.hosthongkong.com

If I remember the "about us" on their page (which won't load a darn thing without javascript, screw them and their web designer) they claim to have been around in the LA area but moved operations to China sometime last year. So who were they back then?

Syan Technologies - Fintech arm of the Dubai-based Zahrani Group
They are working on LTC miners now. interesting miner but we need more information

I looked up Zahrani group

http://www.alzahrani.com.sa/about.html

It says they manufacture spoons and stuff like that. I don't know whether this is the only Zahrani group though.

No other search turned up any result. Also tried calling them (cus I'm in Asia) no one answered as well.

Haven't had time to visit HK yet. If I do I'll probably give their HQ a visit

If you do let us know please,
it would be nice to have another company making miners.
i'm good for spoons...

Nobody’s heard of them yet and they have yet to contribute anything to the mining community. Until they actually complete a miner and sell it, they’re just a vaporware miner manufacturer. Hopefully they dont massively underperform like Innosilicon on release, though.

If they are not vaporware then they should know the drill for introducing themselves:
Do the Tradeshow route to get (legit) press coverage to show the general public you at least built something.
Solicit known reputable users here to to a review of it with the usual conditions: Send it to them gratis, they do a yay/nay/meh review of it then either return it or if they really like it - buy the one they were sent.

The miner looks like a photoshopped version of a cooler master micro itx case. Even the sticker on the fan looks identical.

I vote scam.

Now that you mention it, yes, it does look like the micro-itx. But lets give them the benefit of a doubt.

I have heard that they were on show in Dubai. Does anyone know whether thats true?

Also if the chip is 25% more efficient than the current best in class S9 you would think they would be plastering advertisements whereever they could. They could completely take over the bitcoin hardware game if these machiens were legit.

How likely that company with millions investment will use Google Translate to save few hundred bucks on website translation to Russian language?

well they would have a 25% edge only if the power was cheap  under 5 cents

and of course if it is cheap to build machine.

My guess is bitmain could send an s-9 shipped to me in NJ ,USA  for 600 usd and turn a profit. SMALL PROFIT but a profit.

I mean Baikal also has horrible translations (well they used to) and they are chinese/russian. It is a little suspicious though, but what’s more suspicious is just the lack of information about anything on their site. I smell vaporware. Only specs and not much else.

Maybe. Gotta remember it's got almost 200 16nm ASICs in there, and those aren't exactly cheap to make.

I've been emailing the customer support to ask about the next batch and the payment options. here is their response:

Thank you for writing.
PSU, board and chips all come with a 5 year warrenty for defects.
I can fully appreciate your concern. I have also been mining for a number of years and I'm fully aware that many companies have failed to deliver. It is always a concern with a new company.
Our preferred payment option is obviously BTC since we aim to support the network wherever we can. However, we also will be accepting fiat payments via our escrow provider.
If you have any doubts at all, you could always wait and place an order for batch 2.
Please let me know if you have anymore questions.
Best regards,
Clive.
 

Only thing left to do.......visit their headquarters and see what the hell is going on

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
That ^^ and once again to repeat the 'How to prove they are a REAL miner maker' Mantra:
a. Do the Tradeshow route to get (legit) press coverage to show the general public you at least built something.

b. Start an official Syan thread here for announcements and LEGIT press coverage links.

c. Solicit very-well known reputable users here to do a review of it with the usual conditions: Send it to them gratis, they do a yay/nay/meh review of it with pictures and screenshots. After a week or 2 of testing the reviewer will then either return it or if they really like it - pay for the one they were sent.

Until the above happens - they shall forever remain Vaporware and probable scam.

Don't even bother with this product- the photo they provide is a neat photoshop of a coolermaster mini-itx case and this texture for the front grill: https://i.pinimg.com/originals/f9/82/87/f98287fbb86f9471007191c84cae8d1a.jpg

Yea thats exactly what i found and posted about earlier in this thread.

 The S9 isn't best in class - Bitfury was showing similar efficiency to what Syan is claiming on their demo - and there have been "upgrades" to both GF and TSMC processes since then that make the efficiency claims of the Syan unit reasonable.

 That doesn't mean they are NOT a scam - it just means that *IF* they are a scam, they're a well thought out scam.

 They're also not the first company to come "out of nowhere" with a new miner - a few of which have proven to be legit....

Bitmain can also hit that efficiency with their chips and have shown it. I dont get how you can argue the S9 is not best in class right now by the numbers. Show me a bitfury miner I can purchase right now? Show me ANYONE thats ever seen a Syan? BW couldnt match efficiency in a retail product, neither could Canaan, neither could Bitfury, neither could Ebang....the list goes on.

What about durability? ever thought about that?

Keeping an eye on this. If they allow escrow, it means there is some credibility at least, though only first hand results will tell the story. I do appreciate the watercooling though I must say. For these prices, this can definitely bring home miners back into the game :)

 Bitmain has NOT shown that level of efficiency, though they've shown somewhat CLOSE to it on the first few VERY UNRELIABLE batches of the S9 - and stopped trying on the later batches as the miners could NOT operate reliably when pushed that close to their bottom voltage spec for max efficiency.

 BitFury chips are used in the Hotmine X5/X6 line of miners, among others I don't remember offhand.

 BW doesn't SELL retail, you're arguing strawmen there - and we don't KNOW what the efficiency on their current miners ended up at, their CHIP level claims however did in fact beat Bitmain and were in Bitfury territory for their "3'd gen" 14/16nm chip design claims.

 Canaan beats Bitmain HANDS DOWN on reliability, at a cost in efficiency.

 I never mentioned EBang, YOU are the only one bringing them up.
 Another strawman argument since I never made ANY claim about them at all.


 It's nowhere near as cut and dried "Bitmain is the best" as you claim.

I have a working s-9 from batch 1 or 2 down clocked  to 500 vs 600 as it has the old custom software.  and it does  .0985 watts  with a plat psu.

now if all my s-9s worked like this

They said 1st batch will actually start at the end of this month.

Last thing I read was it was sold out.

The miner case looks a lot like Cooler Master HAF series pc case http://www.conrad.com/medias/global/ce/6000_6999/6000/6010/6018/1169075_ZB_00_FB.EPS_1000.jpg

And I wonder how they only have so little amount of pictures.
No interior pics, hash board pics.
I would be really careful with this, but can't say for sure if it is a scam.

Thank you for your interest in the Vega Home Bitcoin Digital Currency Miner.
We expect to opening batch 1 for orders towards the end of this month or the start of November for shipping in January 2018. I have gone ahead and added you to the advanced notification list.
In the meantime, if you have any further questions, please let me know.

I messaged them.  I will let you know if they reply.

I asked for a review unit at no cost up front.  I would review it and return it if I don't like it .  If I like it I would buy it at a fair price.

I told them I can provide reviews of other gear that was sent to  me. I told them I have help sales of companies after my reviews.

I don't send money to new companies  without at least one or two people that I  know that have received gear.

I simply say if they don't send one to me or some else well trusted here for reviews  that shows a lack of concern for miners.

So lets see if they send some gear to some of us.

 Their site claims to be sold out - but that could be that they have it coded to say that when they have 0 inventory on hand.

I know ..


Right now I will check the emails to see if they bothered to reply.

Got a reply.


Hi Philip,

Thank you for your interest in the Vega Home Bitcoin Digital Currency Miner and for the links. I can see there is some sceptism there which is normal considering we have not shipped yet. Once batch 1 is shipped, it will be irrelevant.

Yes, we would be interested in you reviewing a unit. Please can you send links of your previous reviews?
Obviously we cannot send out units for review at "no cost" as you request, but, if you wish, once batch 1 is ready for shipping we will gladly send you a machine upon reciept of the full retail price, and will refund the same inc. shipping once your review is published, should you wish not to keep it.

Best regards,

Clive.

Support team
Syan Technologies Ltd.

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
In my book, swing and a miss....
Yes any business CAN and SHOULD send out demo units to a handful of trusted reviewers in here and the few other reputable cryptocoin Forums with no up front cost... Philipma certainly qualifies as one.

I like to be transparent  so this is my reply to them


Dear Clive ,

 Thanks for a fast reply.  I will link some reviews to you this evening.

bitcointalk.org/index.php?topic=1733723.0

This was for the pandaminer  .  It ended up as a negative  as pandaminer.com altered product and gave terrible support.

but I tend to be as honest as i can my first thoughts were that is was a good product and that it good be useful for large farms.

the current thread for your product bitcointalk.org/index.php?topic=2233298.0


Please look closely here  it show sound proofing of the avalon 741  I really want to compare  your gear  to this setup  to show your gear is better.

bitcointalk.org/index.php?topic=2245487.0

If your gear is better  then the avalon for sound proofing it will sell like mad. Your gears price is okay.  It hash per watt is okay.

I like to promote good gear.
I can clearly show how quiet your gear is.

Please get back to me on this.

Philip A

Sound is literally the least important aspect of miner hardware, especially to a company that would like to sell a large quantity of units. One decent sized farm places single orders most likely equal to an entire years worth of solo purchases from home users. There is no money to be made

What matters is price, efficiency, 30/60/90 day failure rates, and the ability to buy in bulk with reasonable shipping times.


Also, Syan is still saying all the wrong things if they are in fact a legit company. They offer a FIVE YEAR warranty on mining gear? How many color guard troops waving red flags does it take to clue people in?

Can't hurt to try and see if they're legit. If they're new to the mining scene they might just be inexperienced with everything, but lower sound could still be a small plus, even if it's not a huge bump up in sales. I do find it a little strange they aren't willing to distribute any units for review, though. Even one Hotmine gave out a few units of their Bitfury miner for review, and we all know how elusive those things are.

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
Exactly.
Once again to repeat the 'How to prove they are a REAL miner maker' Mantra:
a. Do the Tradeshow route to get (legit) press coverage of one running to show the general public you at least built something and have a working design. There are BTC trade shows running several times a year all around the world. Once again, that is where Hotmine first showed their miner to the world and what led to Haggsfin bugging them to do a review. Worked very well for them ;)

b. Start an official Syan thread here for announcements and LEGIT press coverage links -- NOT Pay-for-Placement PR releases who's only verification is that the customer's check to their PR agency cleared the bank as payment for the 'news release' being distributed..

c. Solicit very-well known reputable users here to do a review of it with the usual conditions: Send it to them gratis, they do a yay/nay/meh review of it with pictures and screenshots. After a week or 2 of testing the reviewer will then either return it or if they really like it - pay for the one they were sent. Proven reviewers are NOT looking to 'get a free miner'. They are looking to prove a company actually can make a product that works. After ther review it WILL either be returned or then paid for. Providing demo units is a MARKETING EXPENSE and in no way a risk to the manufacturer.

while sound may be unimportant to large farms.  this company is specifically looking to bring mining back to miners in house.

https://syanmining.com/

but this came today

http://www.abnewswire.com/pressreleases/syan-technologies-vega-bitcoin-miner-opens-for-business_150148.html

OCTOBER 9, 2017 BY ADMIN
Syan Technologies’ Vega Bitcoin Miner Opens For Business
The Vega Home Bitcoin Miner from Syan Technologies went on pre-sale at 9AM on Monday 9th October, two weeks ahead of schedule. Customers can expect delivery of their new units in mid to late January, though Syan anticipates that many prospective buyers will be disappointed due to the unprecedented interest generated by the new machine.
“We have just under 1200 units available to the public in this batch, and are limiting customers to 5 machines per order to try to service as many individual customers as possible; but we’ve had so much interest already I fully expect batch 1 to be sold out within the week, possibly within a couple of days,” said Koji Tanaka, Syan Technologies’ project manager and spokesperson speaking from the group’s new Hong Kong facility. “We’ve also had many requests for larger numbers of machines for farm use, but have been unable to accept their orders. I’m currently trying to pull forward the production schedules for batch 2. Quite frankly we didn’t expect such overwhelming interest so soon. We’ve done very little marketing – our new machine speaks for itself I think. We’re hoping to get our hands on the first real production model within the next few weeks and already have a number of units lined up for demonstration and review purposes. We’re all working hard here to keep everything on track, and so far we’re succeeding.”

The Vega Home Bitcoin Miner is the first machine in the Vega series of currency miners, incorporating Syan’s new 14nm ASIC STA1220 chip and delivering 13.5TH/S and an efficiency ratio of 0.078 J/GHs, a good 20% better than its nearest competitor, the Bitmain Antminer S9. The retail price for the new machine is US$1,895.00 plus shipping. Syan also have a SCRYPT miner in the pipeline though no performance, release date or price details are available as yet.

Syan Technologies are a Hong Kong based designer and producer of digital currency mining machines and FinTech, currently focusing on the release of their Vega Home Currency Mining series. They comprise a dedicated and highly motivated team of designers, technicians and mathematicians of diverse backgrounds – from as far afield as California, London, Sweden, Russia and Vietnam – with just one thing in common; they aim to design and produce the most cost-efficient and durable ASIC mining machines in the world.

For further information please go to www.syanmining.com

Media Contact
Company Name: Syan Technologies Limited
Contact Person: Samuel Cornwell
Email: Send Email
Phone: +852-2861-8794
Address:Yen Sheng Centre, 64 Hoi Yuen Rd.
City: Kwun Tong
State: Hong Kong SAR
Country: HongKong
Website: https://www.syanmining.com

I wouldn't send my money to unknown miner company in the far west. someone need to test it first

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
And unfortunately they, the WSJ, CNBC and several other legit news site also readily published the Bullsh** PR's for Foxminers and others scams. Seems they just publish what the PR agencies send them and never look into the companies.

And this is most likely not a place for anyone to put money into.

If they are real you are not going to know it since they now want 2k up front for Jan 2018 delivery.

My thoughts are I don't need the gear.

I have s-9
I have Avalon 741
I have Avalon 721
I have gpus.
I have gear in the solar array.

I put in an order today they want 158 to ship and 1895. So 2053

To bad.  Wish them luck

Shitty writers gotta make money somehow. Most of the writers are terribly inexperienced with crypto in general and they don't see these miners the same way we do, unfortunately. I just hope people grow brains and actually research miners before purchase, which a lot of people don't do and fall for scams like the Foxminers and other vaporware.

I think they know exactly what they are doing.
It gives all crypto-coins a bad name  if they report a scam.


Sooo  fill in the dots.

For home-miners, noise is literally the most important aspect next to efficiency, especially to a company that specializes in serving home-miners, a market that is completely and utterly untapped into...

Having said that, just tried to order more than 5 miners (as they said the limit was in this dubios press coverage) and it was no problem. Of course, I didn't go through but it might be worthwhile to notice that it's 158$ for shipping no matter how many you order, kind of strange :)

They did not get back to me Once again  I stress :

 zero proof it exists
 2k out of pocket
 jan delivery

vs bitmain s-9

it exists
1.3k out of pocket
nov delivery

or avalon
800   well buy 2 so 1700 out of pocket
nov delivery.

While I am a gear junkie  and I have had so many different pieces of gear.
I won't risk 2k for this.

I am well established here  having escrowed more then 100,000 usd with zero issues
I have sold more then 50,000 usd in gear here either  gently used or new.
My trust is really good.
So I will not chase gear from new builders.

I always offer them to take a demo  model and run a long thread.
After 2-3 weeks use I return it or buy it.

Did this with pandaminer  and said I like it and purchased it.
Pandaminer did a lot of sales and then decided to become a really poor service company. Made a newer model that was not as good.
I then withdrew my recommendation. From them.

I ran a long thread on the spondoolies sp20

I ran a long thread on the avalon 4 ------- nice quiet miner.

I really wish they would send you one to test out. Did you already contact them and did they reply or just straight up ignore you?

The emails are above.

To repeat less then a day of email contact and they opened presales two weeks early.

Read those emails and draw your own conclusion as to why they opened preorders early.

Also draw your own conclusion as to why they told me pay for the demo up front.

They can't send Phil what they don't have.

That seems questionable at best.  They stand to make $10-100mm/year and can't sacrifice $500 (likely unit cost?) to etablish a reputation in the community?

I've been a fan of your reviews and purchased $10k worth of Avalon 741 (great units btw) based on your recommendation.  

Syan seems penny wise and pound foolish.

As I see it, someone will take a chance and will order these, demo units or not.

If it is real, and performs close to what is advertised, they will sell as many as they can produce.

We do not know what the interest level is other than those who post here and are skeptical (count me among those). You may also count me among those that will kick myself for not taking a chance if it does in fact play out.

I will wait and see :)

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
I for one will NOT kick myself...
Anyone who went through the hardware-hell of 2013-14 and remember the likes of BFL, Bitmine.ch/AMT, Hashfast, and many other screwup/scam operations - some of whom btw actually did eventually produce some (crappy) hardware - are more than content to wait for proof of product. Only then will we part with our $$

I am sure there is great interest among those who think a pay-for-publication PR spiel in cryptocoin news or other site talks about a real product. The scammers COUNT on that.

I do not disagree with you  :)

A interview from Bitsonline.com

https://bitsonline.com/syan-technologies-koji-tanaka/

True R4 replacement if spec meet what they claim.
Watercooled and nicely designed.

I will gladly move from Bitmain if this come to market,
I can't unlock my Bitmain account ...
I don't receive SMS phone confirmation, support don't answer or close my ticket.
They don't have any respect for customers / miners  >:(

5 years? Really?
Hmmm also, doesnt vega sound like AMD to u

U managed to buy any of that bitfury?

last set of emails  are here.


Presales
PA
PHILIP A






 
Today, 11:34 AM
Support - Syan Technologies Ltd. (support@syanmining.com)
  Too bad  but if you can't do this I will not be doing a review.  You need to understand  your company is asking a lot from the mining company. Sending  2k usd to a company that has shown no proof of product. No Track record. In an industry where
non-existent companies have ripped off eager buyers time and time again. I was looking to promo your gear at no cost to you.
I am a proven entity that has done 100,000 to 200,000 in business across hundreds of buyers.  My ebay and paypal accounts are well established for more then a decade. Long before any crypto mining ever existed. This is my feedback on ebay

https://feedback.ebay.com/ws/eBaylSAPl.dll?ViewFeedback2&userid=philipma1957

  I am looking to do a free promo for you.  I simply will not risk sending you BTC upfront.
I don't send btc to companies looking to break into the business. If you are not comfortable with  that  I can offer to send you  paypal for the 2k my paypal account is under philipma1957@live.com  send an invoice to me  and I would buy it with paypal since I would have protection under paypal.  You are the new kid on the  block not me.  To repeat I do not want a free piece of gear.  But I want it sent to me at no risk on my part. Since you are no more then a website with not a single photo of working gear.

Best regards Philip A.

#####################################
########################################

 Support - Syan Technologies Ltd. <support@syanmining.com>






 
Today, 10:37 AM
You
Hi Philip,

I noticed that you had added a unit to your cart.

As I said, it's impossible for us to ship you a unit free of charge. As I said in my last email, we will refund the full amount including shipping if you do not wish to keep the unit after you have finished your review.

Best regards,

Clive.
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

For me it is simple enough> I have a 14 year eBay account with a long 10 year plus paypal account.
I offered to pay with paypal.  Which protects me.
I linked my eBay account with  1600 plus feedbacks all positive.

So they would be at zero risk and be paid upfront.
I would get paypal protection if they have issues.
I would give them a long review with a direct comparison to the s-9 and the avalon 741.  At no cost to them.

Maybe they get back to me.  Maybe not.

But just remember as soon as this thread got going with a few of us emailing them.  They opened pre-sales at 2k a pop  a full 2 weeks early.

they refuse to give a demo at no cost to them.
 they provide no demo or film of a working model.
they are pretty much a phantom for working gear yet they are willing to take your money.

I have the ability to buy gpus and mine off coins making a profit.
I can also buy avalon 741's  from a seller that delivers.
I can also buy antminer s-9's from bitmain direct.
 I have 3 paid orders as I type of s-9's due in Nov and Dec
I just got 3 avalon 741's shipped to me.
I have a solar array deal.

 I do not need to buy gear at risk.
buying gear at risk is the worst idea I can do.

It would be the most likely way for me to lose money .

If they offer to sell one for the review and allow paypal payment I will do that.
Which is what I can offer.
I have offered to do this for panda miner
for li's dragon miner's
and a few other items.

Hey remember that time when I made my first miner? Hardware dev completely out of pocket, posted actual pictures of the things, and then shipped out 8 test units to different people completely free of charge and waited for them to post reviews and opinions before taking in a dime on sales? If one guy on a shoestring budget can do it, a company with enough R&D backing to get a 14/16nm chip to market can do it.

Even if the thing's real, that unwillingness to bend just a little bit in a way that would help themselves (by helping potential customers) drastically is pretty unacceptable. What other "standard policies" are they gonna hide behind when someone comes asking for some help?

Honestly, even without sending out test units, their scam would be greatly improved if they even tried to manufacture and photograph a single machine. It's really a good thing most scams are done by people who are okay at setting up a website but lack the skills to build anything in the real world.

I have sent them a message to request a visit to their showroom, lets see if they reply

I really hoped they would have taken Phil's help on this.

For now this is a scam suspect in my records.

Translation:

It's impossible for us to ship you something that doesn't and will never exist.

Looks like their "showroom" is in a virtual office, I doubt that will work.

Come on guys, even people who should know better are giving this more credence than it deserves, you are all so desperate for an alternative to the current suppliers.

This is a SCAM, if it wasn't a SCAM then they would have pictures of working miners, come on, they have three months till launch, you think they wouldn't have working hardware or even pics of chips and boards and prototype miners by now? Sidehack called it.

This is 100% scam of the worst type. And I feel 100% justified in saying it because if I am wrong then nothing there is no downside for anyone. But if I am right the fallout is catastrophic for anyone who gets suckered into it, and there are a lot of people who are going to get suckered into this, and every person who sends them money and gets suckered is going to be subsidising the continuance of the scam for months and months and years to come.

I have no plan to pre-order, I just wait and see.
Burned myself once with a Lunar Launcher from Hashra.

Well, likely scam. Anyone email them to at least make a simple youtube video of the machine working? That takes a couple of minutes or so only. Hmmm also 6200 rpm fan should be pretty noisy for home i think.

 Personally, no - but Sidehack has mentioned having some chips, Hotmine has been selling Bitfury miners for a while, just for 2 rather well known examples.

 Raw chips would do "me" no good, I'm not a board designer or coder.

they are still not sold out so i vote scam.
if they had 1700 machines they would be sold out by now because there is lot more idiots willing to waste money on bogus machine.
they just trying to 'sell' until someone confirm its a scam

I got more info  that does not help their case.
this is from a member here and an email reply to him or her:

   Hi [name redacted],

Thank you for your interest in the Vega Home Bitcoin Digital Currency Miner.

The units use our own proprietry 14nm STA1220 chips of which there are 190 in each unit. The unit consumes 1050w power from the wall and is 80 plus rated gold which gives it 87% efficiency.

Unfortunately, we are unable to honour large orders for batch 1 since we have already taken a large corporate order and we wish for the remaining units to reach as many different individuals as possible. As a result, management have imposed a restriction on the number of units available per person. This limit is set to 5. I'm sure in future batches, we would be able to talk about a larger order.

  Our only working unit is in the lab and unavailable for inspection since they are using it. We will have units for inspection as soon as batch 1 is delivered to us for quality control and distribution.

The power lead is a USA to 3-pin to moulded IEC C13, 1 meter in length.

Please let me know if there is anything else I can help you with.

Best regards,

Clive.



The bolded line  tells me  a lot.  So basically until they show working units just don't order.

that does not sound promising

DAMN I was interested too

It is kinda ridiculous that they only have that 1 working miner in a lab......

1 working unit that can't be inspected, or can't have a video taken of it running, or any other way to verify it does what it says, or that it even exists, all based on a supposed new chip which has no information on.

There's so many red flags - they could even just say what foundry they're making the chips on, show blanked out documents of the order, pictures of the chip even - nope.

Pretty sure they have 0 working miners, nor do they even have a 'lab' for testing. I pointed out it was a scam weeks ago.

Do not preorder until they prove they have gear.

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
Hell, even AMT did a better job of of showing 'progress' in having a viable miner.... As in pics of chips, various iterations of the hash boards, etc... Of course their whole scheme fell apart when it was obvious AMT's parent Bitmine.ch totally blew the design of their A1-based miner but at least they tried and showed something to the world (as did BFL and few other companies in 2013-2014).

Probably 99.99% a scam at this point. Their supposed "HQ" in HK doesn't exist.

So I take it your visit to the showroom has been modestly entertaining in that regard at least? :D

Maybe they cant show documents but pretty much all phones have good video function these days...


Seems so. I wonder if anyone actually paid for these...

Website was created in July of 2017, so a very new company. I would probably wait to see for a long while. They don't mention their hashrate or anything, be cautious when you spend any money on here.

Mongkok Dimsum is still very good :)

From a businessman's perspective.  If they spent all this time and effort on research, sourcing chips, creating a new product that mines more efficiently.  Why would they then turn around and resell this to the public?  Doesn't make any sense whatsoever.

When Bitmain creates a miner they dont put out press releases and tell the public about it.   They secretly mine with it for some time, and then you get a press release saying, XX miner is available for preorder, its new and here you go.  They can prove they have beta tested it and used it for some time(while making a lot of that coin). 

So by someone saying they are making a new product which will just immediately be released to the public, makes absolutely no sense.

So fundamentally, this has scam written all over it.

Actually, if you're just starting out and looking to recover your investment quickly you do want to sell to the public. Mining takes months to break even, plus the operating cost of power and maintenance. If you can convince someone to pay you a lump sum for the machine, you get paid right now and someone else foots the risk of trying to pay the gear off over the next year.

Also some people don't want to compete with their own customers, they'd rather just get quality gear to people that want it.

Not saying anything about Syan, just that there are different philosophies on how to run a business and not everything that doesn't immediately make sense against your philosophy is automatically evil.

I think in general the companies who succeeded in selling the mining hardware started out mining themselves before selling.  You create a product which can influence the market, and you can mine very quickly for the ROI.

I think you would have a hard time convincing investors to invest in creating a differentiator that you would just go and resell to the public.  Look at bitfury for example.

One of the reasons I don't have investors or shareholders and never will - nobody to convince about much of anything.

Can someone help me tell notfuzzywarm to please remove me from his ignore list. I was a newbie then and I did not mean to argue with him...
I rather not have such things sigh. I think he cannot see my pm

LOL @ 5 year warranty....   New company?   RIIIIGHT....

***  Syan miner is a SCAM! If someone buys their miners without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***
Been there seen it, don't care. Most of the time folks earn the ignore button from the nature of questions they ask vs differences of opinion. Sorry but I rarely respond to PM's from anyone aside from a few select members here as most of the time answers to questions asked are already here in the general Forum if folks just take the time to look/search. If it is the rare new question: Post it in the Forum so others can benefit from answers.

 Actually they do...

Hashing power: 13.5 TH/s
Power consumption: 1050w
J/GHs:   0.078
Cooling: Liquid cooling with 1x Rear fan @6200rpm
Chips: 190 x STA1220
Dimensions: 300mm(L) x 175mm(W) x 135mm(H)

 I am by no means defending them as I hae been burned about as hard as anyone. (60k usd to blackarrow/technobit, 40k USD to litecoingear)

 I truly hope they are for real because as it stands, they are the bitmain killer. Sadly, it is not looking that way. :(

Scrap'

Yeah they are not real if they were they would post some proof.

Yep, thats the biggest red flag for me too lol.
These scams nt gonna stop unless they start getting prosecuted imo.


I see. Noted, will do

Its because many of us got scammed enough to actually put aside our rivalry as miners (news flash, we're all in this boat together) and actually try and prevent shit like this from happening in the future.

This rear side image https://asset.conrad.com/media10/isa/160267/c1/-/de/1169075_ZB_00_FB/cooler-master-haf-stacker-915f-pc-gehaeuse.jpg?x=520&y=520 is almost identical to the vega miner mockup

So,

this company is using a PC casing, place the PSU and hashboard inside. Pretty neat design.
but surely not a Bitmain killer.

it does not exist.  by their own emails  they have one in a lab.  they refuse to photo it  or  show a hashing page for it.

Could 190 chips+ liquid cooling+ powersuply even fit into the miner's 300mm(L) x 175mm(W) x 135mm(H) dimension?

exactly.
The case is good. Perhaps I will get my team to start modifying one.
Easy to do staking on rack. No more "ugly" view of cables everywhere.

Whole lot of "if" in there though. A company that claims to be a couple years old with a brand-new website, and asking for several metric buttloads of preorder money to build a machine they so far have exactly one of - in a black-box room somewhere it can't be photographed - with their first chip being better than what guys who've been doing it for five years have been able to generate - and everything stuffed into a nice easily-photoshoppable case of illogical form-factor and using plenty of attractive buzzwords in the description. Just saying, there's a lot of "if". Way more "if" than really merits the attention these guys are getting.

Exactly, I can understand newbie spam accounts filling the thread up with bullshit speculation, but I can't understand someone like leo doing it.

Really all posts should be based from an EXTREME negative perspective on this scam, there is no wriggle room or perhaps or maybe, its just a bullshit scam and should be approached from that angle.

Heard it for first time.but Spec is good...

Hashing power: 13.5 TH/s
Power consumption: 1050w
J/GHs:   0.078
Cooling: Liquid cooling with 1x Rear fan @6200rpm
Chips: 190 x STA1220
Dimensions: 300mm(L) x 175mm(W) x 135mm(H)

Did you even bother reading the thread?

they are pumping it

I like to be somewhat optimistic about things, guess I also fell for the newbie fake posting this time. I’ll go and delete that post. We really should get this thread locked if possible though. I don’t know what got into me with this thread.

IF hahahahaa

***  Syan miner is a SCAM! If someone buys their miners without any well-known and trusted Forum Users 1st getting one for doing a review and posting it here then well, you have been warned ***
Of course they didn't. That would take actual effort on their part and makes their brain hurt....

Und as you may have noticed - now adding SCAM warning header to all my posts about this. A little SEO can go a long way ;)

You can change the subject of posts as well if you want a little extra boost.

watch out man, this makes you prime target for troll army

The miner looks way too small to house a 1000 watt PSU and a waterblock for 190 asic chips , just doesn't look feasible, they haven't even mentioned how much it weighs. Correct me if i'm wrong but i don't think anyone's manufactured a Waterblock good enough to cool 190 chips , should be an engineering breakthrough if they've figured that out.

Syanmining.com
They big scam
Fake webpage
Fake address in Hong Kong
Before I'm contact with them, they reply to me
And I'm visiting Hong Kong 2 days ago
They looking 2 different address in Hong Kong and phone number ( fax number)
I'm check 2 address, there is no such company
I'm check and when I will be in building, there help me information person, we check together
And results
Syanmining.com
Shopbitmain.co
Minersnow.com
Vulcanominer.com
Scam scam scam scam
Please be careful..

Finally that got sorted, now onwards to finding a real competitor to Bitmain for the home mining market, the entire market is up for grabs, let's see if there are any takers in 2018 :)

I too like to take a positive approach. I know a lot of folks have been burned in the past but you have to put some trust some place.

I have to say, I'm a fan of Syan so far. I have one of each of their SHA & Scrypt units on the way. Their team is much more responsive than Bitmain has ever been. To their credit when they dropped the prices on their units they even offered to send me money back.  If they are a scam with the objective of making as much money as possible, whay would they, on their own volition, offer to send my money back? Ordering was super easy too, since they have done only word of mouth promo their site lets you order your unit whenever. No dealing with site crashes on product release days like you have to deal with on Bitmains site.

And hey at the end of the day the units are still profitable in my neck of the woods. The wild card will be the coin switching factor. If you watch the coinwarz charts there are some days when you can really capitalize on difficulty drops and market shifts.
I can tell you form direct contact with the company that they are planning to do a round of product reviews for both units to get some press out there. I plan to do a video review of each unit the day I get them. Stay tuned.

Okay that's great, but what proof have they given to anyone anyone actually trusts to not be a shill?

***  Syan miner is a SCAM! If someone buys their miners without any well-known and trusted Forum Users 1st getting one for doing a review and posting it here then well, you have been warned ***
Come back here IF you ever get this Unicorn and can provide proof of its existence.

Until then, you DO realize that a brand-new user with ZERO previous posts stating support of something like this 99.999% of the time = them being either a paid shill, a troll, or just a random idiot right?

The smell of bullshit is strong on that single post account. I hope nobody is dumb enough to fall for this.

I can appreciate the skepticism. Trust does have to be earned. All I can really say on their behalf is that the info they have been providing and level of communication is better than that of other "established" mining companies I have purchased from. For example, I inquire about the ship dates and AMP draw from the miners so I could make sure the breaker I wanted to put them on would handle it. Here is what I got back:

"You will expect to get your VEGA in the 2nd week of January, while the VEGA 2S will be between the 2nd and 3rd week of February.

As for your amp question:

Vega is running at 4.8A at 220 volts.
Vega 2S is running at 4.0A at 220 volts.

Machines are intended to be used in domestic 220/240v wall sockets and are fused at 13A. If multiple machines are being used on the same mains circuit it is advised to get an electrician to check the fuse ratings on the power inlet board and make sure the supply can cope. Also, if the machine is to be used at 110v a transformer will be needed to be used inline with the unit(s). Alternatively, another approach (and more efficient) would be to have an electrician run a 220 line to power your miners.

If you have any doubts, its best to seek advice from an electrician. If you have any other questions, please let me know."

It's details like that that build trust for me. In response to this I asked them for some "real life" photos of units, so if I get any I'll post em.

But for now, reserve your trust.

Only total noobs, or paid shills, would keep arguing this is real with still no hard evidence to the contrary.  More idiot accounts for the ignore button.

Why is this still a thing? its fake guys, and the troll that keeps saying its real is just a troll. But heh! you can always gamble your money away on scams! I heard its super fun (let us know how it goes lol)

Because the mods really don't really lock or move threads anymore for things like this even though we have solid evidence that the only people supporting these are troll accounts. I reported this so hopefully it'll be moved.

Avoid this scam.

So far made an order with money transfer (not transferred), to ask the account information and Escrow provision number, so I can doublecheck with Escrow... The data I got is from a person and a law firm, this looks like a SCAM, but I let escrow confirm it, since they are supposed to be backing up the transaction.

SO I PLACED AN ORDER TO ESCROW AND THIS IS WHAT THEY SENT ME:


Dear Sir/Mme,


Provision of escrow has been initiated by: Syan Technologies Ltd
Escrow#: ST1503665
Description of goods/service: Vega Bitcoin Digital Currency Miner
Order#: 36426
Quantity: 1


Your name/shipping address:
T******** H*******
4** T*********** drive
*********, TN 37***
United States (US)


Payee: Syan Technologies Ltd
Escrow amount: $1,753.00
Escrow fee 5%: $87.65
Total amount payable: $1,840.65
*Currency calculated in USD


Please make payment to the following account:


Payment information:
Account name: Patrick J Gleeson
Account number: 154-2-22067-6
Bank name: Kasikorn Bank PCL
SWIFT: KASITHBK
Bank address: 1 Soi Kasikornthai, Ratburana Road, Bangkok 10140, Thailand.
*Include your escrow number in the comments of your wire transfer to help expedite your confirmation.


Important information:


1. Once you have made payment, reply to this email with copy of the transfer receipt.
2. Your funds will not be released to the vendor until we have received acknowledgement of receipt of your goods/services as ordered.
3. Once the vendor has shipped, you will be notified by us with shipping details and tracking number for your reference.
4. If you fail to receive the goods, please contact us back at this email address within 30 days of your shipping notification to initiate the returns process.


Please call or email if you require any further assistance.




Martin Gleeson Law Ltd.
Tel: +852 9602 6388


Langham Place Office Tower,
516-596 Shanghai Street,
Yau Tsim Mong,
Kowloon,
Hong Kong.


CRC Tower,
87/1 Wireless Road,
Pathum Wan,
Bangkok,
Thailand.


www.martingleeson.com




Please read the following carefully and keep for your records.




Martin Gleeson Law Ltd
ESCROW AGREEMENT
Terms and Conditions
Syan Technologies Ltd of Kinwick Center, Hollywood Road, Central, Hong Kong, (“The Seller”)


and


yourself (“The Purchaser”)


have agreed to appoint


Martin Gleeson Law Ltd of Langham Place Office Tower, Kowloon, Hong Kong  (“The Escrow Agent”)


to hold the amount agreed in the attached order document for the term of this agreement.
Furthermore, the Escrow Agent is willing and able to accept such responsibilities as well as act in compliance with this escrow agreement in its entirety.
In the instance any disagreement shall arise, the Parties agree the Escrow Agent shall not be held liable for any costs, damages, or losses that may arise from duties performed.
Furthermore, unless written permission has been received from the Parties by the Escrow Agent then no releases or disbursements shall be made.
If such disagreement between the Seller and Purchaser does occur the Escrow Agent will have the right to be discharged from this agreement by turning all agreements and documentation over to the jurisdiction responsible for this agreement.
Any and all costs to the Escrow Agent from such proceedings shall be the responsibility of the Seller and Purchaser.
This agreement is for the benefit of the Escrow Agent, Seller and Purchaser.
Furthermore, all parties agree there are no beneficial results for any third parties nor will third parties be involved in any decisions for this escrow agreement.


Escrow
All funds received with regard to this escrow agreement shall be deposited into a federally insured bank money market account.
Any fees due to the Escrow Agent, including shipping fees, at the time of disbursement request may be deducted from the escrow disbursement amount prior to disbursement.
The Escrow Agent will not be permitted to combine personal accounts with the escrow funds at any time during the period of this escrow agreement.
The Escrow Agent will hold any notifications and instructions they may receive as valid without the requirement to investigate or question the sender.


Notification
With written notice from both the Seller and the Purchaser the Escrow Agent will disburse the funds based on the instructions provided within such notice.
The written notice inclusive of directions for disbursement may be delivered in person or via facsimile.
Notification must be provided to the Escrow Agent no less than 24 hours before the disbursements scheduled delivery.


Liabilities
Under the following circumstances the Escrow Agent shall not be held liable or found at fault,
        •       For any omission or error by a party other than the Escrow Agent themselves.
        •       Any loss of funds directly related to the suspension, insolvency, or failure of the funds or the bank themselves.
        •       Any legal proceedings between the Purchaser and Seller
        •       Any and all interest accrued during the term of this Escrow Agreement shall be property of the Purchaser and shall be disbursed as so.


Agreement
By sending the funds as indicated above you agree to have read and understood the terms and conditions outlined in this escrow agreement.
 
----------------------------------------------------------------------------
This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the system manager. This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. If you are not the intended recipient you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

Looks like a scam !!

I spoke to Escrow Customer care today, they said they have neither Syan Technologies nor Martin Gleeson registered as Escrow authorized provider.
Escrow CC advised to ask the vendor/Escrow provider to provide their Escrow ID or Escrow License. And this is what this self claimed Escrow provider had to say.

Quoting ......

Dear Sir,

The word "escrow" is a legal term referring to the holding of funds by an independent third party to ensure the successful completion of a transaction. This is a financial procedure which has been taking place throughout the world of commerce for thousands of years.

By "Escrow" I can only assume you are referring to the website "escrow.com" which is - I believe - less than five years old. We are in no way affiliated with "escrow.com", as neither are the thousands of long-standing independent escrow providers around the world. Any trusted financial or legal organisation can offer and perform an escrow service depending upon the regulatory requirements of the jurisdiction in which they wish to operate. We have been offering this service to our trusted customers for sixteen years and, to date, have never failed to satisfy the requirements of our customers on both sides of the transaction.

Should you be unhappy with our offer of service I would suggest that you revert to the supplier and deal with them direct.

Yours sincerely,

Patrick Gleeson
Martin Gleeson Law Ltd.


Earlier Reply
> Hi,
>
> You have provided Certificate of incorporation which is not related to
> Escrow.
>
> Kindly provide your Escrow ID to verify with Escrow that you are an
> affiliate with them or an authorized Escrow provider.
>
> Thanks.
>

I've eaten several bags of popcorn watching this thread. A lot of us want this miner to exist so bad! I'm ready to pull the trigger on as many as I can afford. Honestly this thread is the main reason I haven't!

Seriously, thanks guys. I hope you're all wrong, but thanks for your honesty and due diligence.

I have had some communication with them. They have a phone number and office hours. I called that number yesterday and spoke to a person. Unfortunately they didn't have good command of english (of course) so it was difficult. What I did cobble together when I started asking technical questions was that the technical adviser was not in the office right then, and that it would be best to send an email.

In my email correspondence, my replies were similar to those posted above, except for one point. "The prototypes are all running in a bare chasis (sic) with all componants (sic) exposed and so it is impossible to show videos of those without releasing information we are keeping guarded until after we ship batch 1." You could say that this is a good point, but for me it only raises skepticism.

In my reply to Clive, I brought up the points that are causing skepticism, also asking some technical questions. No reply yet. The main point I brought up was that they are supposed to be shipping these units in under two weeks, and they still don't have a machine to photograph? I didn't even get into the five year warranty thing.

I appreciate this thread! Will continue to watch...may have to buy more popcorn though ;-)

I also just received the below e-mail verbatim.  It's a form letter!  In my reply to the form letter, I asked for a full refund along with two others that ordered (each of them as also individually requested a refund from their e-mail addresses).  I will report if I get the refund, but if I don't, I think more than this forum should be informed of these guys.  There were articles (one of them by Bloomberg) that reported on these guys as legit, and believe it or not, I felt that mattered!  Those publications and others should be immediately informed if I or the two others that ordered 10 too don't see their orders refunded.  This scam is going to end up costing people millions maybe!  It should be stopped if that is indeed what it is!  

Also for others that were pulled into this, I am sorry and I doubt you lost as much as I did (I'm also new to mining and was not aware that this crap had gone down before).  It irritates me that many people on this forum seem to think everyone who sort of wants these to exist so was maybe a little gullible like I was are stupid and should be berated.  I assure you, I'm not stupid, and come on, people, show a little compassion!  Like others, I really did want these to exist because I have dozens of Antminer S9s and they run very hot as everyone knows.  If these miners do exist (something I think is unlikely now), they sure would be an Antminer S9 killer, but I also know that if flying rainbow fur unicorns existed that shit gold nuggets, they'd be a nice ride and money maker too.

Roger

PS - Has anyone even attempted to contact the FBI about this?  Obviously if someone is stealing millions in Bitcoin via a non-dark web website no less, it seems to me it should be traceable.

Hi all,
I'm new to this site and crypto world. Similar to others, I also found this Syan Vega series very attractive specially with water cooling and such low price compared to Bitmain.
I tried some sort of analysis to find out if syan is legit or not. Following are details that I found till now:

1. As per news published articles, Syan is fully owned subsidiary of Zahrani group. Now if we search zahrani group we see AlZahrani which I believe is different. I found one website zahranigroup.com, but there is no reference of Syan anywhere. I have dropped an email to them confirming the same. Will update one I receive it.

2. There is no production image as of now and may be they do not want to leak out their design before their first batch to avoid design being copied by others. So we can leave this analysis still open until we get some details.

3. Contacted law firm handling escrow for them and they said they do handle it for syan. Their domain says created sometime in 2003, so they seem to be legit unless their domain expired and someone who says themselves as Syan acquired it or this law firm also handles illegal stuff like this.

4. Somewhere in the news article read about their CTO - Koji Tanaka who is also CTO of Zahrani group as mentioned in their website above. This seems to be legit unless someone planned it in a long way and created this domain in 2014. Or someone is using their name illegally to promote their scam. I'll again keep this point open until I receive any email from zahrani group.

When I placed my order I sure wish they had continued to provide the 2% digital escrow option.  It's gone now (although it was around even in November).  I wonder why?  My guess is that it's hard to escrow a moving target like that, or if they do, they'd need to put escrow just on the dollar value of the crypto at the time of receiving it.

Happy new Year to everybody.....


Are there any News about the Vega Monster? ??? ??? :)

I hope this scam is Realllll

I am going to Hong Kong this weekend, I will check out the law firm's physical location to see if it is a functioning law firm or a front. I have also reached out to Syan to see if I can pay for a machine in person using fiat currency. I will take photos and report back next week.

Yeah everyone hopes its real.  That is what scams are usually like though - things we wish were true that let one's guard down.  Looking back on this, I should have my head examined for ordering these from them.  I will never trust in anything you buy for Bitcoin again.

So I got an email stating that I can open an escrow via the bank for units I already paid for (which makes no sense at all).   I requested that they first return my original payment, but I haven't heard back from them. Here's the e-mail (has a couple spelling errors but really should have zero):


Dear Sir/Mme,

Provision of escrow has been initiated by: Syan Technologies
Ltd
Escrow#: ST1503682
Description of goods/service: Vega Bitcoin Digital Currency
Miner
Order: #36482
Quantity: 10

Your name/shipping address:
<removed>

Payee: Syan Technologies Ltd
Escrow amount: $17,530.00
Escrow fee 5%: $876.50
Total amount payable: $18,406.50
*Currency calculated in USD

Please make payment to the following account:

Payment information:
Account name: Patrick J Gleeson
Account number: 154-2-22067-6
Bank name: Kasikorn Bank PCL
SWIFT: KASITHBK
Bank address: 1 Soi Kasikornthai, Ratburana Road, Bangkok
10140, Thailand.
*Include your escrow number in the comments of your wire
transfer to 
help expedite your confirmation.

Important information:

1. Once you have made payment, reply to this email with copy
of the 
transfer receipt.
2. Your funds will not be released to the vendor until we
have 
received acknowledgement of receipt of your goods/services
as ordered.
3. Once the vendor has shipped, you will be notified by us
with 
shipping details and tracking number for your reference.
4. If you fail to receive the goods, please contact us back
at this 
email address within 30 days of your shipping notification
to initiate 
the returns process.

Please call or email if you require any further assistance.


Martin Gleeson Law Ltd.
Tel: +852 9602 6388

Langham Place Office Tower,
516-596 Shanghai Street,
Yau Tsim Mong,
Kowloon,
Hong Kong.

CRC Tower,
87/1 Wireless Road,
Pathum Wan,
Bangkok,
Thailand.

www.martingleeson.com


Please read the following carefully and keep for your
records.


Martin Gleeson Law Ltd
ESCROW AGREEMENT
Terms and Conditions
Syan Technologies Ltd of Kinwick Center, Hollywood Road,
Central, Hong 
Kong, (“The Seller”)

and

yourself (“The Purchaser”)

have agreed to appoint

Martin Gleeson Law Ltd of Langham Place Office Tower,
Kowloon, Hong 
Kong  (“The Escrow Agent”)

to hold the amount agreed in the attached order document for
the term 
of this agreement.
Furthermore, the Escrow Agent is willing and able to accept
such 
responsibilities as well as act in compliance with this
escrow 
agreement in its entirety.
In the instance any disagreement shall arise, the Parties
agree the 
Escrow Agent shall not be held liable for any costs,
damages, or 
losses that may arise from duties performed.
Furthermore, unless written permission has been received
from the 
Parties by the Escrow Agent then no releases or
disbursements shall be 
made.
If such disagreement between the Seller and Purchaser does
occur the 
Escrow Agent will have the right to be discharged from this
agreement 
by turning all agreements and documentation over to the
jurisdiction 
responsible for this agreement.
Any and all costs to the Escrow Agent from such proceedings
shall be 
the responsibility of the Seller and Purchaser.
This agreement is for the benefit of the Escrow Agent,
Seller and Purchaser.
Furthermore, all parties agree there are no beneficial
results for any 
third parties nor will third parties be involved in any
decisions for 
this escrow agreement.

Escrow
All funds received with regard to this escrow agreement
shall be 
deposited into a federally insured bank money market
account.
Any fees due to the Escrow Agent, including shipping fees,
at the time 
of disbursement request may be deducted from the escrow
disbursement 
amount prior to disbursement.
The Escrow Agent will not be permitted to combine personal
accounts 
with the escrow funds at any time during the period of this
escrow 
agreement.
The Escrow Agent will hold any notifications and
instructions they may 
receive as valid without the requirement to investigate or
question 
the sender.

Notification
With written notice from both the Seller and the Purchaser
the Escrow 
Agent will disburse the funds based on the instructions
provided 
within such notice.
The written notice inclusive of directions for disbursement
may be 
delivered in person or via facsimile.
Notification must be provided to the Escrow Agent no less
than 24 
hours before the disbursements scheduled delivery.

Liabilities
Under the following circumstances the Escrow Agent shall not
be held 
liable or found at fault,
    •    For any omission or
error by a party other than the Escrow Agent 
themselves.
    •    Any loss of funds
directly related to the suspension, insolvency, 
or failure of the funds or the bank themselves.
    •    Any legal
proceedings between the Purchaser and Seller
    •    Any and all
interest accrued during the term of this Escrow 
Agreement shall be property of the Purchaser and shall be
disbursed as 
so.

Agreement
By sending the funds as indicated above you agree to have
read and 
understood the terms and conditions outlined in this escrow
agreement.
 
----------------------------------------------------------------------------
This email and any files transmitted with it are
confidential and 
intended solely for the use of the individual or entity to
whom they 
are addressed. If you have received this email in error
please notify 
the system manager. This message contains confidential
information and 
is intended only for the individual named. If you are not
the named 
addressee you should not disseminate, distribute or copy
this e-mail. 
Please notify the sender immediately by e-mail if you have
received 
this e-mail by mistake and delete this e-mail from your
system. If you 
are not the intended recipient you are notified that
disclosing, 
copying, distributing or taking any action in reliance on
the contents 
of this information is strictly prohibited.


-----Inline Attachment Follows-----

Following up from the past 5 days, still no reply from either Syan Tech or Zahrani Group.
Earlier it was 50-50 on both sides of scam border, but now it seems to be more towards a scam. As mid Jan is nearby, they might have to run and hide so they must have stopped replying.

Hey guys, just found out one Hong Kong Govt. website for registered companies.
https://www.icris.cr.gov.hk

Not sure how much updated this site is or do they include all companies or not. I tried to find with 'Syan' keyword, but did not find any.

Has anybody contacted the police?

NO. It is a fake.

There are no operations in UAE; Hong Kong or China; the kid is in Los Angeles, I have tracked his emails to his phone. Will be calling the department of treasury tomorrow.

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Hey guys, I'm a pretty new miner, just started 6 months ago, first with Eth, now with Asics, have a few miners... they took half of what I ever accumulated. Which was about a solid $5000.

Just registered to say it's a scam. Don't believe everything you see when you are looking for news articles on Google about x11 and Scrypt.

HOPE NOBODY ELSE GOES FOR IT WITHOUT LOOKING HERE FIRST!!

I went in through their site, looked at some external links that seemed to have checked out. Everything was so smooth and professional looking... then I saw this thread a little later.

No use crying over spilled milk, hope those pieces of shit don't get anybody else!!! Somebody should hack the site or something, or just send me their physical address in the states, preferably in the midwest, so I can go beat their fucking ass.

Bye friends.

-Jake

A sure easy way is to contact the Laos PDR government and find out if they really do have grants in form of land near the Hydro Electricity plant. They do have a huge sustainable/green eco development drive so there was programs offered and still are to stimulate growth in Laos PDR.
http://www.abnewswire.com/pressreleases/syan-technologies-postpone-launch-of-their-cloud-mining-service_168326.html

So the shortest distance between two points is finding out if the cloud mining facility is really being built. If the answer is yes then it is good news for everybody.

If the answer is no, then its sad news for all of us who did manage to fall for it so I guess we all wish the Hydro station or Laos PDR government can confirm this 👀

I'd call the police now.

Does not confirm anything but the CTO has been given blockchain tech projects so its a possible good sign lol... zahranigroup.com/team/ Koji Tanaka

Wow, this was (or is) a pretty elaborate scam, folks.  Of course, the reward was a lot too.  Think about it: they have been collecting people's money since October for fake miners, quite expensive pieces of equipment.  Now Bitcoin folks and miners are not really poor people that can probably afford it too.  A lot of people in Bitcoin became pretty wealthy over the last few years--it was almost hard to touch the whole thing without making quite a bit of money--so it's a deep pool of money to attack.  I wouldn't be surprised if Syan collected a million or two in Bitcoin since October, maybe more.  I guess this just goes to show me personally that Bitcoin products and services need to be vetted a lot more skeptically than others I've ever been involved in.  It seems that these people probably come from the dark corners of the web for which we owe Bitcoin's origins.  It's sure taught me a thing or two.

The might be hope for those who ordered. For starters the SHA256 will only be shipped 2nd/3rd week of January so let's say some time at the end of January. Until that time has come and gone we just cannot call it so there is hope left. Mostly we hope it's the the real deal and a true competitor for Bitmain and if not it is going to rip trust in the mining community even further and that will definitely be the end of "pre-order" from new companies.

It won't be the end of anything. There have been plenty of pre-order scams, and more keep appearing and people just blindly send payments. There's a sucker born every minute (https://en.wikipedia.org/wiki/There%27s_a_sucker_born_every_minute)

So far no proof here about your claims and accusations. When I am reading most of their articles they seems to be a pretty legit when it comes to mining probably some minor delays in some of their confirmations but hey nobody's perfect right let us just wait and see if there were really victims by them which have legit proof.

Totally agree. Due to all the past scams no media would touch them until they have tested units or seen delivery so its a challenge. Also being china they will only reveal look, feel and design on the finished and shipped product otherwise 10 other factories produce them before they do. It can still go both ways but way too early to label them anything. Most complaints so far as to do with escrow and refund well you have no refund with escrow unless manufacturer fails to deliver and that date has not passed. Anyway glad I am not the only one thinking its too early to have any evidence to call them not legit.

Today the Syan Mining website is down.  I think that pretty much settles it.  Wow, I sure learned this lesson the hard way.  But still getting your hands on miners (as in bulk miners over 60 units) isn't very easy now.

Between miner companies being outright fake and others selling product many months before they can deliver, it seems buying Bitcoin miners is a minefield of unknowns.  A miner is something that has a short shelf life, potentially, such that getting it late could cause one to not even break even.  Companies should not only provide escrow but also escrow with an delivery expiration.  Why?  Because if I order from Bitmain, for example, today and they take until May but I could have ordered say from Canaan and got the product the end of March (or vice versa), that matters a lot in mining.  In fact it might be all that matters in some extreme cases.  

I would normally say something optimistic like maybe they forgot to pay the hosting or ran out of bandwidth but if it walks like a duck and now quacks like a duck... it is a f’kn duck!

Finally, they have revealed themselves."Account Suspended"

So is this a true statement from Syan or not?

"Syan are a wholly-owned subsidiary of the Hong Kong-based FinTech subsidiary of the multi-national investment giant and finance conglomerate the Zahrani Group."

Has anyone confirmed any part of it?

Their website (https://syanmining.com) is suspended as of now. Also, I tried contacting Zahrani group about 10 days ago, but didn't got any reply.

It's a little important to me.  If they were a member of the group, then obviously, that's who you sue.  I guess I'll need to get a lawyer involved next week.  *sigh*

The site is back up fyi. I spent .49 btc on these back in Nov. Likely a scam but interesting the site is back up.

We can relax!!! They probably oaid late or ran out of bandwidth 😃 Few more weeks then we can call this one it was a close call lol

Wishful thinking but we can always hope!

Hhaha true. From day 1 wishful thinking so really hope this wish comes true 🤪

Although all this stuff looks like a scam, just for fun but with the hope...
I placed an order and almost immediately  I got an email from their Escrow agent and I guess it is definitely an auto-reply. There was around 5:30 AM in Hong Kong when I got it.  Escrow's website looks like a real and has the physical address so I found a company who is the property manager and have sent a message for them just in case to double check do Escrow Agent is renting a real office in the building pointed in the address. I have a couple friends in Hong Kong so I probably would ask to visit the address in case the landlord will not answer.

News article updated at https://www.bitsonline.com/syan-technologies-koji-tanaka/
They mentioned, its a possible scam, they are trying to reach out to the company and their parent group "Zahrani group".

please keep us updated -- i just put a considerable amount into this.... then saw this post.  then looked up the zahranigroup.com and they state a UAE address but no UAE number.  This is HORRIBLE!!  and the escrow site has no history online...  guys did we just get ......?  NO BODY BUY FROM THEM!!!!!!  THEY DONT EVEN HAVE A UAE NUMBER OR REGISTRATION IN DUBAI.... AND HOW CAN AN ARABIC COMPANY NOT EVEN HAVE THEIR WEBSITE IN ARABIC

CONFIRMED SCAM PEOPLE DO NOT BUY.  I AM SORRY TO TELL YOU.  THEY HAVE NO PRESENCE IN DUBAI.  I AM FROM THE REGION, I CHECKED THAT. 

they are still taking orders we should all email cryptonator.com and confirm if they have vetted the company as per their FAQ section where they do that for high volume accounts

I ordered Syan Vega 2s 2 weeks ago but didn't paid for it. Today I received an email saying that the order has been cancelled due to non payment. And they mentioned that the first batch is now out of stock so I will have to order for second batch.
Now again back to question, are they really scam or were they just keeping quite until first batch. Few more days to find out the truth.

That is a good sign to say the least. Very very good! They must be flooded with emails requesting refunds and accusations so that is the one side, maybe ignore it and send orders out when done well that is the positive side lol.

You did get a response giving us that little bit of extra hope thanks for sharing!  8)

All, I am in Hong Kong and today I went to the supposed office of the Martin Gleeson, the law firm handling the escrow. On the website, the address is given as in the Langham Place Office Tower 516-596 Shanghai St Kowloon, Hong Kong. The office tower is a large modern high rise. There is no Martin Gleeson on the directory, I did spend some time looking verifying that I was not missing something.

I was approached by one of the elevator attendants who came to assist me. I asked for the Law Offices of Martin Gleeson, she said there are only two law firms in the building, and she pointed them out to me on the directory, none of them were even close to Martin Gleeson Law. I showed the attendant the website on my phone to make sure that I was in the correct building, and she verified that  I was. The attendant said there were some communal/shared office spaces which could be the case and that I should contact the law firm to find out what floor they are on.

I once again reached out to Martin Gleeson law by email to ask them what floor they are on. I contacted Syan by email a few times over the last weeks asking to pay the escrow in person in Hong Kong, unlike others on this board, I never got a reply from them. Tomorrow I will visit the two addresses for Syan that are listed on the Syan website, and see who or what is there.

I am not doubting that Martin Law does exist, but it is a law firm without a permanent and dedicated office, and is somewhat disconcerting to me personally. I will visit them again tomorrow if they reply.

I GUARANTEE YOU THIS IS A SCAM... I CONFIRM TO YOU THERE IS NO ZAHRANI GROUP DUBAI... WENT TO THEIR ADDRESS - AND THERE ISNT EVEN A NUMBER PROVIDED...  SO NOW CONFIRMED BOTH OFFICES ARE FICTIONAL anyone that sent via bank transfer please immediately report fraud to your bank. 

Yes, I got an e-mail that I had not paid (just like others here).  Of course, that is not true.  I _wish_ I had not paid since if this is a scam I have never lost anywhere near this level of money in my entire life, but I have paid IN FULL and have evidence on the blockchain of it.  I guess this might be the final chapter in the scam?  I replied to the e-mail claiming I had not paid.  I'll let you know if I get any reply that makes sense.

I got an order confirmation number. Still says Processing though when I log into my account. Im not sure what to think :/

Clive "assisted" you, huh?   So you received an e-mail from him that was not obviously an automated reply?  That sounds interesting and promising.  What did he say?  Why doesn't Clive show up here and post a little something that makes us feel a little less scared to death that it's a scam then?  Surely he doesn't want his company's reputation to be in doubt, right?  See, that's the problem I have.  Normally when a company is new, they take care to be reassuring.  Most of the time they are actively involved in the community too to make sure everyone is at ease.  All I've seen from Syan Mining so far are nice forum letters stating something like "No worries.  We are real!  Promise!"   First off no company should require a forum letter to state they are real.  That usually isn't even on the table.

I want this company to be real, the product looks really great and some competition is much needed. the problem I have is when I communicate with them asking them to pay the escrow in person in Hong Kong, they do not reply. If they wanted to gain the trust of the community then there should be no problem for me to come in and pay the escrow in person, it should not have to be by wire transfer only. What is there to hide?

 I get they want to protect the product from intellectual theft, but they should have a semi-open storefront and/or an actual law firm with real and permanent offices to take the escrow. A fly-by-night law firm does not inspire trust. I am literally in the hotel that is connected to the building the law firm is in, and yet there is nobody or no office to go to.

In the worst case their lack of organization is killing their profits, if they would garner more trust they could ask far more for their product. Antminer is up to $3000, Dragonmint is at $2000, Whatsminer 12.5 TH is at $1900. With a simple one minute video with a trusted name, and real reputable support companies, they would be able to charge so much more, be far more successful, and the fact that they are not is odd and troubling and raises red flags.   

Sorry guys, either they failed to pay hosting or something technical but... 404 not found for the website. Still pointing to the server though but no website listed. Could be a glitch or could be time for the duck to quack 😭😭😭😭😭😭😭😭😭😭

SCAM. Site is down.

Even the escrow law firm was a scam... also down http://martingleeson.com

Fished this out from Google Cache

Martin Gleeson Law Ltd

Headquarters
Langham Place Office Tower,
516-596 Shanghai Street,
Yau Tsim Mong,
Kowloon,
Hong Kong.

Branch Office
CRC Tower,
87/1 Wireless Road,
Pathum Wan,
Bangkok,
Thailand.

Telephone
+852 9602 6388

ABOUT US

Martin & Gleeson Law Firm > About us

Martin Gleeson is a legal consulting firm with offices in Thailand and Hong Kong. We use modern technology and methods of communication and can serve clients worldwide.
 
With 16 years of experience in corporate, commercial and employment law, both Norman Martin and Pat Gleeson provide a wealth of experience to draw upon, our areas of expertise.

Upon qualifying as lawyers, both partners have worked at large regional law firms. After very successfully growing and managing a corporate and commercial department for that firm, Norman Martin decided to go out on his own, and teaming up with Pat Gleeson to form Martin & Gleeson. This has grown into what it is today, specializing in corporate and commercial law, as well as adding employment law to the mix.


Founded in 2012 with a clear plan, Martin Gleeson provides the highest level of legal advice in a cost effective manner, unlike a traditional law firm. Working as non practicing advocates allows us to bill at reasonable rates.

In contrast to traditional law firms, Martin Gleeson charges only for what we do. There are no fancy offices in overpriced office buildings, no masses of unnecessary employees doing little to add to the mix and we provide a complete breakdown of every moment spent on our client’s behalf. This saves our clients a substantial amount of money. It also gives them confidence in our firm, resulting in long term relationships with Martin Gleeson.

Martin Gleeson offers our retainer service to all clients. We can remain on hand and dispense assistance and advice for a fixed time and a fixed monthly payment. This is important because our client knows that we are available and ready to assist at a predetermined fixed cost.

The bitcoin payment method was done by https://gourl.io/ they listed syan in their customers list.

And zahranigroup.com website is down.

Whois information of syanmining.com:

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whois:        whois.verisign-grs.com

status:       ACTIVE
remarks:      Registration information: http://www.verisigninc.com

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changed:      2017-10-05
source:       IANA

   Domain Name: SYANMINING.COM
   Registry Domain ID: 2136373849_DOMAIN_COM-VRSN
   Registrar WHOIS Server: whois.namecheap.com
   Registrar URL: http://www.namecheap.com
   Updated Date: 2018-01-12T07:55:52Z
   Creation Date: 2017-06-23T07:18:30Z
   Registry Expiry Date: 2018-06-23T07:18:30Z
   Registrar: NameCheap Inc.
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   Registrar Abuse Contact Phone: +1.6613102107
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   Name Server: NS10.ORANGEWEBSITE.COM
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   DNSSEC: unsigned
   URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/
>>> Last update of whois database: 2018-01-12T16:31:31Z <<<

Domain name: syanmining.com
Registry Domain ID: 2136373849_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2018-01-12T07:55:52.00Z
Creation Date: 2017-06-23T07:18:30.00Z
Registrar Registration Expiration Date: 2018-06-23T07:18:30.00Z
Registrar: NAMECHEAP INC
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Registrar Abuse Contact Phone: +1.6613102107
Reseller: NAMECHEAP INC
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: Andreas Mohr
Registrant Organization: Syan Mining
Registrant Street: Kinwick Centre 32 Hollywood Rd
Registrant City: Central
Registrant State/Province: Hong Kong
Registrant Postal Code: 00000000
Registrant Country: HK
Registrant Phone: +852.30319910
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: syanmining@mail.com
Registry Admin ID:
Admin Name: Andreas Mohr
Admin Organization: Syan Mining
Admin Street: Kinwick Centre 32 Hollywood Rd
Admin City: Central
Admin State/Province: Hong Kong
Admin Postal Code: 00000000
Admin Country: HK
Admin Phone: +852.30319910
Admin Phone Ext:
Admin Fax:
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Admin Email: syanmining@mail.com
Registry Tech ID:
Tech Name: Andreas Mohr
Tech Organization: Syan Mining
Tech Street: Kinwick Centre 32 Hollywood Rd
Tech City: Central
Tech State/Province: Hong Kong
Tech Postal Code: 00000000
Tech Country: HK
Tech Phone: +852.30319910
Tech Phone Ext:
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Tech Email: syanmining@mail.com
Name Server: ns9.orangewebsite.com
Name Server: ns10.orangewebsite.com
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2018-01-12T04:27:54.00Z <<<

Domain Name: ZAHRANIGROUP.COM
Registry Domain ID: 1888393468_DOMAIN_COM-VRSN
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Update Date: 2017-09-06T01:41:49Z
Creation Date: 2014-12-02T19:37:58Z
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Registry Registrant ID:
Registrant Name: Falah Ghommidh
Registrant Organization:
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Registry Admin ID:
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Registry Tech ID:
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Name Server: DNS1.LAISVAS.LT
Name Server: DNS2.LAISVAS.LT
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2018-01-12T17:00:00Z <<<

For more information on Whois status codes, please visit https://www.icann.org/resources/pages/epp-status-codes-2014-06-16-en

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Syan had was featured by various media channels. THose releases are generally handled by PR firmswho push the stories to the media. The media channels that broadcasted the stories about Syan know who the PR firm is who gave them the story and the PR firm will know who paid them. Follow the money to find out who these people are.

https://www.whois.com/whois/syanmining.com

&

https://domainbigdata.com/mail.com/mj/2f72t9SDoU0N4XxOUger8g

site @ 404 since yesterday

I am suprised that not much is being said in the news and media. This was a well planned scam and min of $20m all gone to scammers yet not many buyers going all out about it. I think most who purchased have not noticed the website is gone and that their money 💰 is gone. Maybe in the coming weeks they will start realising what has happened.

Hey Guys,
I got a wallet address from the payment processor. Is it possible to tack it and notify the wallet hosting services or exchanges? Do any of them have to power to lock down the account if we can ID where it is? I know you can track payments but IDK how.

"Thank you for your letter

Syan Mining account suspended from end of December last year (violated GoUrl Terms&Conditions).
All payments were forwarded to Syan Mining external wallet address (13T7tzd6GVR7uVFjgvCCcx8kyVo3ziuTbk).
We don't keep user payments on our servers.

Need official request from police and we will provide Syan Mining log IP addresses.


Best Regards,
Tom

Tom Becker
Developer
Gourl.io Team
Crypto Payment Gateway & Url Monetiser
Email: tom@gourl.io
Website: https://gourl.io

Also got this extra address the payment processor found as well. https://blockchain.info/address/1FZJ2X9cnVVPzq3ZDLPcdmxF14tyRnvMQC

I got a similar message, however I was told the suspension was more recent. See email from gourl.io:

Hi Ben,

Syan Mining account suspended (violated GoUrl Terms&Conditions).
All payments were forwarded to Syan Mining external wallet address (13T7tzd6GVR7uVFjgvCCcx8kyVo3ziuTbk, 1FZJ2X9cnVVPzq3ZDLPcdmxF14tyRnvMQC).
We don't keep user payments on our servers.

Best Regards
Tom

BTC Address
1FZJ2X9cnVVPzq3ZDLPcdmxF14tyRnvMQC
Current Balance
0.00000000
Wallet Name
3bdf4985a0ef7d73
# Transactions
27
Most Recent Known Output
None
Total Received
9.43488737
Most Recent Known Input
None
First Transaction
2017-10-27 16:28:28
Website Appearance
Last Transaction
2017-12-09 23:33:55
Website Country
Last Transaction IP
69.181.136.223:8333

 Hey guys I’m posting this for a friend that lost nearly $20,000...

acsbkk@state.gov US embassy in Bangkok, operations@thaiconsulatemiami.com , corporate_info_Mirror@kasikornbank.com, tourist@police.go.th, info@royalthaipolice.go.th, metr-police@police.go.th, acshk@state.gov US embassy in Hong Kong, crimeinformation@police.gov.hk, jpc-office-1-pprb@police.gov.hk, all emails related to people that can help with this, also please advise to each person affected to file a complaint with the FBI at ic3.gov.

Wait a lot of people have lost 10, 20, or even 55K (between 3 orders in my family) dollars.  Now if there is a way to get these funds back, I have a thousand for you.  Can you please tell me more than "write a dozen people."  How about people exchange with me on this forum what happened to you and we do this as a group?  Doesn't that just make sense?  What is the point of having everyone write all these people if there is a recourse to be had.  I have every single thing they sent me (e-mails) and proof on the blockchain of 3 payments for 10 miners each.  Who is in with me on this? 

I live in San Jose, CA.  If someone is around here that got scammed, I'd love to chat with them at a local coffee shop or something.  I want to do this as a class of people who were thieved.  Keep in mind these guys stole MILLIONS of dollars, guys.  This isn't just some dude breaking into your home and stealing your favorite pair of slippers, a dimond ring, and your wallet.  This was a serious amount of money here.

I wrote to the FBI referencing the orders I made on behalf of myself, my fiancee, and my brother.  I provided them the precise blockchain identification as found on blockchain.info, the commonality being that all three were easily traced to the same destination (0x19mb1jVLBapd5SjGAPgE4pY3uVwaNkwSNE).  You can see funds moving out of this address very easily, so I assume the FBI could do the same.  In fact just yesterday (1/17) ~14.0356 Bitcoins were moved out of the address, leaving 8.07924683.  I doubt it'll help, though, unless many people do the same.  Does anyone else know their destination addresses?

Yeah the news is always behind.  Maybe then the FBI will take a look.  I'm sure it's already too late, though, unless the FBI started to look into months ago.

I will do what I can, I am not sure if the number of dollars stolen is in the millions though, I see Less than 50 BTC input between both addresses GoUrl.io Provided and I suspect that the dollar value of escrow payments is much lower but I'm not sure. I would say they made off with around 750k based on a btc value of 14000. I lost 0.5btc to them when btc was only 7k.

Maybe it's just my negative attitude but I have a hard time believing any legal organization will touch this. If I am wrong though, I will get on board. I think the lack of people complaining on here about this shows that the number of us who got really screwed is actually quite low.

the whois for martingleeson, they registered this site name in 2003, so they should be pretty legit, this scam could not have started back then.  anyone used the wire tranfer try to get their money back yet?


DOMAIN INFORMATION
Domain:martingleeson.com
Registrar:GoDaddy.com, LLC
Registration Date:2003-08-25
Expiration Date:2018-08-25
Updated Date:2017-11-15
Status:clientDeleteProhibited
clientRenewProhibited
clientTransferProhibited
clientUpdateProhibited
Name Servers:ns10.hawkhost.com
ns9.hawkhost.com
REGISTRANT CONTACT
Name:Patrick Gleeson
RAW WHOIS DATA
Domain Name: martingleeson.com
Registrar URL: http://www.godaddy.com
Registrant Name: Patrick Gleeson
Registrant Organization:
Name Server: NS9.HAWKHOST.COM
Name Server: NS10.HAWKHOST.COM
DNSSEC: unsigned

For complete domain details go to:
http://who.godaddy.com/whoischeck.aspx?domain=martingleeson.com

I got scammed on it also.  I don't think those who were scammed see it going anywhere even if sent to the FBI or calling the police.  There is always that chance though.   I wish I found this forum before getting scammed.   looking at previous posts on Syan  by trusted people here,  it seems pretty clear they recognized it from the beginning. 

Submitted to IC3.gov, FBI.  Will let you know if I hear anything back.  I'm sure I won't get the money back but maybe they will find these people.

dont forget a lot of people made wire transfers (like myself) as well... they should go to their banks... there will be a line of accounts to follow there attached to names.
file a claim with your bank

either nobody has realised they got scammed or there was just not that many fake units sold... it's almost deafening how little is said online anywhere about this even Bitsonline has take then silent route

I think everyone is so quiet so that crypto doesnt get a bad name. Ex, the nicehash hack was in news for about 1 day as a minor headline, media doesnt want to make a panic. I'm going to bank today to file my claim. will update here on progress.

bank said funds were applied at thai bank on Dec 25 and need approval of user to release funds, which means since the law firm now cannot be contacted, its time to get the authorities involved, if they can help.

They got me too. 10.38 Litecoin for 2 units. It was very well done with all the news sources. If anything can be done keep me up to date. good work thus far on the research you guys have been doing.

Is there any update yet?

I too paid in about 0.26 BTC on 08 Nov 2017. At the time they said that they were shipping mid Feb 2018, only noticed today that their website is down.

Hong Kong police came back with a ton of questions and seems to be taking an interest.

that be awesome if they do. this has been a real ordeal

Any news on this or progress? It is probably a long shot but if they do find them in Thailand they don't take crap there so linking the bank account owner to it should be not a problem as the bank account they used for wire transfer was a personal and not a business account. ASICminer 8 Nano also now out also "water cooled" but definitely waiting for people to take delivery before I even think about it as it does have all the warning signs and totally looks like the "ASICminer", yes... the old beast from the past a bit of a name to pick if you trying to launch a new product but hey ho... you neverrrr know.