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Hi All,

I would like to introduce you to ASIC Technologies, www.asictechnologies.com. ASIC Technologies started in late 2012 as an exploratory project by a small team of ASIC and FPGA chip designers working at defense OEMs and a fab who were interested in the potential of Bitcoin and pleased by the success of the first advanced mining systems. Since development of these chips was our speciality at work, we decided to investigate our ability to develop a custom chip for hashing Bitcoin. As our design matured in early 2013, we grew confident our products will meet target specifications and compete with others in the expanding marketplace, improving competition in a currently somewhat-monopolized space.

It seems that most of the major vendors (BFL, kncminer, etc) have promising designs but are, as of yet, slow to get their supply chains going and products shipping. Our team has relationships with many custom ASIC chip developers for defense applications, and I believe these relationships and our experience delivering these chips to defense clients will assist us in meeting our deadlines better than prior firms.

Please feel free to check out www.asictechnologies.com and post feedback here. I'm a new registrant to this forum, but not new to reading about complaints about the current companies, so i anticipate this post will be moved to the custom mining hardware thread.

Thanks!

Nice!  Can I just pay now, and have you deliver later?

Kidding. The "contact" page currently does not provide any contact information.

GoDaddy claims:

Misplaced in your FAQ section is this phone number: (605) 939 – 7882

Not sure what to make of it all.

Nothing found on sdsos.gov/Business/Search.aspx

If only.... 1/4 of these were real.  I mean how many people would fall for this. 

Even better, ask yourself how many morons would spend time and money registering a domain anonymously, building a Web site, coming up with a narrative, images, etc. - then spending more time answering the inquiries, responding here, and all that for what - a couple of thousands of dollars at best? A failed life is a failed life.

Always sceptical as usual but at least your website is nicely done.

The fact that you take only PayPal make it seem a little bit more legit.

Now post more detailed technical specs and how you plan to deliver on time.

Thanks.

I want to hear more about prospect shipping dates. Too many companies are doing preorders and based on past performance it's becoming more of a liability than anything.

Seem too good to be true. What nm size do you plan to use?

Hes using a new design 1nm chips! with 1th/s per chip output.

What a legend :)

PS. My post is a joke...

Certainly fair and not unexpected comments. To answer a few of these, we have filed with SDSOS, but it will probably take up to 10 days to complete. We're in process of setting up an office, since our small team is in several locations around the US, it hasn't been worthwhile to set up a physical address just yet. We registered the domain by proxy because, understandably, I dont like my personal information all over the internet - I'm sure any of you would do the same at first.

We are currently in a 28nm design flow, and as for shipping date, we are scheduling into a run, but essentially it hinges entirely on the success of our offering. If we get enough orders, we'll be delivering in 2-3 months. If not, we'll have to refund what orders we have taken so far and pursue venture capital, which is much more expensive and will impact our prices. I figure the peace of mind offered with Paypal should help in making the case that we are legitimate. @warzor still working on those 1nm chips...

Your website has zero history as there is nothing at archive.org that would indicate you existed before 2013 (or even before this month actually).  It also provides no substantive information about your operation.  So can you provide this forum with some real information about your company?  The real names of your companies officers and a physical mailing address?

All new companies are New at some point.  I'm certainly interested and almost willing to "risk" a little $$, but still BFL shy.... 

I'll wait until you show up on https://sdsos.gov/business/Search.aspx?name=ASICTechnologies&soundex=0 before becoming more serious... 

What else do you plan to offer as assurance?

Dude.. this guy is claiming they're an established ASIC company that's just moving into Bitcoin:

"...and I believe these relationships and our experience delivering these chips to defense clients will assist us in meeting our deadlines better than prior firms."

I get the impression that the people have been involved with that, but possibly not the company they are forming??  Working for contractors now branching out on their own perhaps?  I could be wrong for sure.

Then why didn't they just say that?  It's kinda odd you're willing to serve up explanations for them so readily.


Saying you're making a Bitcoin ASIC is a huge claim.  It's amazing how willing people are to take words on a forum at face value with basically *zero* evidence.

its a scam guys dont fall for it

The reason I'm so aggressive about dealing with these people is I'm sick of seeing 10 new ASIC scam sites a day pop up.  Flashy websites and computer rendered images of nonexistent BFL looking hardware is a dime a dozen.

Agreed, wishful thinking..  I'm only new to mining with GPU power up to about 600Mh, and now branching in to the USB Erupters, but something like this changes the game and I'm hoping the best.

I'll not be the early guinea pig though that's for sure.

Plus, was working on getting out of newbie jail so I can get in on the latest USB Miner buy ;)

I hope you realise what you are claiming here is quite extraordinary. Is this a Full Custom design, or a Structured ASIC, and are you using a dedicated mask set or MPW Shuttle. Reply carefully, your reputation will depend on your answer.

No. That is not how business is done. That is how scams are done.

If you want to do business, kindly provide some verifiable material. Your name, CV, LinkedIn profile, business registration. Advertise your skills. Who are you, and why would anyone trust you with their money. Obviously, you don't really care about getting real customers in by providing good reasons for them. You care about getting the suckers in. That's what all this looks like.

Here we go again...

You hear that?  That my friend is the deafening sound of silence.

Very interested in this. Not interested enough to risk my $$ without a little proof of concept first, but definitely bookmarking this for later

Yes, our design team all have day jobs in the defense industry, just as we advertise. So, while we have been working this in our personal time for months, we aren't quite ready to all abandon our day jobs until we learn what the market interest & reaction will be. Some of us have families, etc, and it will be a little time before we are ready to make the jump. I hope this is understandable. It's quite possible that we will need to pursue VC funding in order to get this done, if there are few orders, it all depends on interest, though we've had quite a few interested folks so far. While it may sound extraordinary to some that we've been working on a full custom design, honestly we do this for a living and it isn't all that extraordinary to us. Hence we have been pursuing this for some time. In any case, we only accept Paypal as of now, and I hope this offers a level of buyer protection and security for you!

I can warm up to this. What bothers me, and should be bothering you, is that all job contracts I've seen in the States specifically prevent employees from running a related business in their free time. Government employer was no exception.

I asked this question earlier. You've had some time now. Do you have an answer?

Yeah, this is something that makes no sense. I don't know of any reputable business that says "you can send us money but... we won't give any information about our company. Just hope you get what you were going for!"

It'd be different if you were an informational site. But when you are running a business, it's important to make people feel secure with throwing their money to you.

OK, this is pure https://en.wikipedia.org/wiki/Argument_from_authority

What amazes me is that you think you can get away with it. This isn't facebok or twitter here, you've fallen into the pit of vipers.

And BTW, talking about Argument From Authority, this post makes me a Sr Member, Woohoo, I've been here 10 days!

Agreed, this was a concern, it's actually a non-compete agreement. Fortunately, a Bitcoin mining product doesn't compete with anything we currently work on.

Nice website but no convincing argument about legitimacy.

Right now, signs point to scam, show some actual credentials and proof that you are working on these miners as well as actual contact information and I as well as others might consider pre-ordering. If you are a legit group, you need to give people enough information that they can get their money back if you fail to deliver or bail.

interesring!~where are you located?

 pit of vipers! niceeeee ;-)weeeee

"ASIC Technologies"? That's like calling a new fertilizer company "Cow Manure", isn't it?

https://www.bitmit.net/en/item/36576-large-9g-hash-miner-from-asic-technologies-com    ??

Current bid: 3,500.32 GBP (= 50.0046 BTC) (22 Bids)

With no information, not even a picture.

ID verification:   Not verified.
Feedback:This user has not yet been rated.

People are INSANE

Maybe only alt account bidding. He use escrow so probably he will ask for advance payment for "shipping fees".

To           Date
asictech   2013-06-13, 03:16 pm
Large 9G/hash miner from asic-technologi
Is this a FPGA or ASIC device? Pictures?


  
asictech wrote on 2013-06-13, 03:31 pm
RE: Large 9G/hash miner from asic-techno
I bought the miner from asic-technologies.com , Its does do 9G/hash and works great however people on forums are telling me its just a good FPGA unit .

I am not technically minded in regards to hardware but Its great and I have 4 more on order .

From their homepage:
https://i.imgur.com/wz44s3P.jpg


They make custom ASIC but use minicomputer case. lol

Well, that's unprofessional.

He's selling a "9G/Hash miner". What exactly does that mean?

That it "mines" 9 "G" per "Hash". That could mean just anything he wants it to mean.
And he's very happy running it.

A highly misleading listing, deliberately so IMHO, what BTC miner with 9GHash/sec would describe it thus? This is a plant.

I put their hardware presentation page in an article to my bitcoin hardware related site as we do with all the DIY projects available today. We also send them an email asking more details and offers but we receive autoresponder emailed typical answers.

BTW if you have any DIY project about bitcoin mining hardware, we will publish it.

PS. See my signature for sites

I got an email from these people to my forum email address this morning.

So they have clearly started spamming forum email addresses.

BEWARE!! This is just a scam.

:-\ Another scam. Why are there so many?

Its hilarious how Asictechnologies never even answered jester's technical question. How are people even bidding on this ridiculous auction!!!!!!!! No picture no true description. People must be on crack!

Just wanted to dispel this spammer. Apparently only moments after we went live on our site, www.asictechnologies.com, a fake/spam company bought asic-technologies.com, and put up some mini-ITX case as well as some auctions mentioned here.

We are not affiliated with them, their site and descriptions are clearly a scam.

Unfortunately, even people working to start a legitimate products firm are facing nearly unlimited onslaught of scammers these days. Unfortunately, it does not seem there is anything we can do about it other than ignore their trash.

But why does the pirating of your website prevent you from answering Jester's questions?

how many companies have tried... flooded soon

I would think you could get at least ONE working machine together with photos/video before asking for pre-orders? I mean if you're selling one unit for $300 then it shouldn't be that hard.

If you get some proof I would be happy purchasing something from you.

Confirmed. (https://bitcointalk.org/index.php?topic=234620) If the OP thinks this is an acceptable marketing method, then let me be the first to invite him to die in a fire.  ::)

Incredibly frustrating when someone spoofs your business name. I suppose I should have bought every possible combination of our name in order to keep these trollers from making us seem like a scam only days after we launch.

Sir,

  How can you expect us to take you seriously? You have no details, no pictures, no proof you even know how operate a computer above trolling on forums. Even the state of south de. does not vouch for you. This is most important because paypal is worthless to an individual user getting scammed. I can scam people all day long and local police will catch murders instead. The market needs a company to give money to; that way there is company to server a class-action lawsuit. Prove to us you are willing to take a risk and we will prove to you there is a market.

Dude ?  Are you kidding?    Almost half of your posts talk about scamming. Business 101: change the conversation to something you control.

No, Seriously? Stop joking!       I can't trust someone who is not as excited as I am. You make it sound trivial and so mundane that you don't want to explain some inner working details. You've been working on this for a few months you say and you can't even show me a picture of your bench.

Excuse me. Take you seriously?      You don't even tell us your name! I can call butterfly labs and talk to Judy all day about how I want my Jalap- and in all those conversations I never asked for a refund! Nor has the owners of the 5 million dollars waiting for BFL products.



From one business owner to someone else - This is not the way you run a business. This is the way you run your first scam.

Thank you for your time,

   Evan

interesting

Has anyone heard heard from Asic technologies? Curious.

That listed whois shows you as Sioux Falls (the empire city)... I can make a road trip up I-29 if you want to show what you have/are doing to help provide provability to your venture.

I just placed an order with them. I am willing to test their credibility by trusting them with $300. If they're legitimate, they will ship me a 10 GH/s bitcoin miner within this month. If not, then I will publicly denounce the asictechnologies.com website and label them as a SCAM. For them, it's do or die because I don't give up when I get scammed.  ;)

Was their PayPal confirm? at least...

ASICTechnologies I could tell for a fact that the demand is here. But their been afew fake sites that are just scamming users.

But if you are able to produce a legit version of the first one, I will be buying at least 10 units.

I want one. Will take me a while to put some money together. So ill be waiting for release.  ;D

Their Paypal was listed as "Unverified."
I have sent them numerous emails and haven't gotten any responses. Losing confidence in them, but it's not over yet.

 :o

I ordered 2 10 GH/s miners from them 4 weeks ago. I tried to call them, but their phone is disconnected. I have sent them 6 emails with no reply. I spoke with a guy on eBay who had one of their miners (he had received it back in April). He had a large amount of hashing power on order with them and was selling a couple of extra pre-orders. He claimed that he had been in contact with them on the phone up to 4 weeks ago. Since then, he has not been able to reach them either. I'm not sure what to do here. If I don't receive my miners or hear back from them in the next 2 weeks, I'll put a claim in with Paypal for a refund. I wanted to purchase a couple of 100 GH/s miners from them, but I am concerned that they have closed up shop. They have not been on the forum in weeks and only have 7 posts in total. Looking dicey.

Not dicey.  Scam.  Request refund now!

I just put in a claim with Paypal on the 2 miners I bought from Asic Technologies. The resolution center went straight to filing a dispute and bypassed the regular communication phase. It's possible that Paypal has been dealing with multiple claims against this company. Absolutely no communication from them whatsoever, and their phone has been disconnected for 3 and a half weeks.

I hope you get your money back. Paypal tends to side more with buyers than they do with sellers, pretty sure there are quite a few people in the same situation.

Well so far, it's been 5 days and there has been no action by the seller. 5 more days without seller action and I get my money back.

This may be naive - but what if I'm searching around the web and find this site, being new to bitcoin I think "great, I'll buy 10" and send them money - we all know that it's a scam but is there anything preventing people who don't know any better from using the site?  I see they take paypal so hopefully after 6 weeks of not receiving anything (assuming this is a scam) the 'buyer' will realize that they are screwed and go through paypal to get a refund.  It's just really frustrating because I've been into bitcoin for years and I hate crap like this - I know it's a "new market" and scammers are like spammers (a given) but there must be a way that those who know that these are scams can tell people who don't know..??  It'd be like a reputation site for asic vendors - where buyers (or pre-orderes) can go post feedback about their experience...  just thinking out loud now...

Sounds like a good project. It would definitely be a great service to the bitcoin community. You would have to get trusted members of the community involved for it to get traction.

These devices look a lot like another vendor's devices except for the colour and hash rates.

This forum is full of warnings about shady vendors.  All someone needs to do is search the vendor's name.  I assume much of the forum's traffic is already related to this.

Hi All,

I'm new in bitcoin ... but I trade since 15 year on Internet and never been scam-screwed ...

But this time i failed ... i dont know why ... to much "emotional" factors ... MONEY MONEY ...

DO NOT SEND ANY MONEY TO asic-technologies.com !!!!!! >:( >:( >:(

Of course after my trade and my first experience in bitcoin ... i googled "asic-technologies.com scam" to see that there was plenty of discussion about it!

And i'm pretty sure lot of person are in my case ...

Nevertheless I have a "stupid" question that reply might be NO! ... is there any way to find the person behind ? ...