Bitcoin Forum

NO PREORDER
Our first batch of Poseidon, a very small one, about 25 pcs. wich is almost sold-out, will be shipped this month!

More on photos, videos on our site, when we launch the product to the market and we start shipping.
Company founder: Stephen Giles
@braindead please send us an email at office@btcolympus.com about your interest in our product and any further questions.
@reactor we are still in the testing. More info this week.
We managed yesterday 0.75-0.8 w/gh/s power consumption
Software compatibility: cgminer and bfgminer but we are working at our own software.
@mazedk No preorders means, when we launch the website, we ship. Till then, this is only "teasing" information.

@reactor
I'm from Hungary, my bad :) Fixing details :)

PayPal/CC will be possible?
this is the most important question to answer.

Do you even care to read the topic carefully??

Payment Methods:
Paypal
Bitcoin

Ah, sorry! Overread it (because of the 2 big pics).

Still waiting for the email address that we can check as Paypal verified...

Split payment can be used with Bitcoin. What does that mean?
Our Hardware Machine, BTCO Poseidon is hardware lock. You pay half on website and half on delivery. After the hardware is received, you send us Poseidon unic ID and pay the second payment step and we will send you the unlock serial key.

More on photos, videos on our site, when we launch the product to the market and we start shipping.
Company founder: Stephen Giles
@braindead please send us an email at office@btcolympus.com about your interest in our product and any further questions.
@reactor we are still in the testing. More info this week.
We managed yesterday 0.75-0.8 w/gh/s power consumption
Software compatibility: cgminer and bfgminer but we are working at our own software.
http://imageshack.com/a/img607/2010/zg02.jpg
The subscription seems to work fine.
@mazedk No preorders means, when we launch the website, we ship. Till then, this is only "teasing" information.
Someone in Minnesota wants to start a mining farm with our hardware.

will you offer full escrow?

Also i find it interesting in your picture its 2days but on my screen its 3 days

Well great you can't preorder but you also only have 25?
Hold one for me if that works.

will you offer full escrow?

Also i find it interesting in your picture its 2days but on my screen its 3 days

if this thread is intended to secure spot in line...  count me in.

price ? shipping time ?

more info and video of working unit ?

it looks interesting http://www.linkedin.com/profile/view?id=301725126
but we need more info .

coming soon it's not enough

anyway , count me in for one

Well great you can't preorder but you also only have 25?
Hold one for me if that works.

Subscription on your sites errors for me. And no other info to be found? Sure, I'll wait in line. :)

Website says Error, but sends you an email anyway, to get you on the mailing list.  That appears to be all the info we have presently.

Our policy was and still is, not to throw information (like prices) until we are sure of it.
We are sure of:

• Our Poseidon machine will be equipped with Hercules ASIC
• Hercules which is capable of more than 500 Gh/s hashing power.
• Power consumption is less than 0.9 w/gh/s
• Payment will be with Bitcoin and 90% Paypal. If not Paypal, another payment gateway like Dwolla, Payza, 2CO.
• Our first batch will be IN HAND with NO PREORDERS
• If you pay with Bitcoin your Privacy will be protected with us!!! and you will be able to use Split Payments
• Our Prices will not be inflated

For all the users considering getting one i urge you not to be scammed. You are a no name company and you expect use to just go and layout half bitcoin with no proof of any unit, no proof of any asic, less then 1 week on bitcoin, site only up for 2months?

Ummm, ... what planet are we living on???

"Our company is not that young, we work as a team since June 2013."

Why does everyone give a pass to these companies; so desperate for hardware? No other industry operates with such weak corporate governance coupled with a funding model based on crowd sourcing.

For the manufacturers I understand the risks of being left with obsolete hardware without the crowd sourcing, but honestly guys they are offloading ALL the the risk on the consumer.

That is not the way it's supposed to work.


p.s. If you really do ship on order you are an exception to the rule and good for you :)

The specs looks fairly decent, and in line with current tech.  Is there any option to purchase the Herculus ASIC, and develop our own system?  Are you able to give us a rough timeline, like Q2 2014, or something similar?

Website says Error, but sends you an email anyway, to get you on the mailing list.  That appears to be all the info we have presently.

price ? shipping time ?

more info and video of working unit ?

it looks interesting http://www.linkedin.com/profile/view?id=301725126
but we need more info .

coming soon it's not enough

anyway , count me in for one

http://www.linkedin.com/profile/view?id=301725126&authType=name&authToken=GVTO&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=297061559&authType=name&authToken=MxT5&trk=prof-sb-browse_map-name
http://www.linkedin.com/profile/view?id=300018362&authType=name&authToken=vlu7&trk=prof-sb-browse_map-name

UK money, US marketing, Eastern European development ???

Let's see what they will ship...  Strange that they did not publish any technical info.  
Hope they did not just hack linkedin accounts.

good detective work... an odd mix of people.. but hopefully in a few days we'll see how it pans out.  hope its not another xcrowd.

You think this was uk money?  its possible...  perhaps middle eastern money.

they say somewhere between $1.9m invested and $2.5m invested, which seems cheap to get a 28nm asic for "only" $2.5m (the NREs, expedite fees, wafer production and system production costs are about double that in total)...  i suspect it costs a lot more to get a 28nm asic made, especially a high performance one (they said 550 GH/s) that would need high performance packaging and cooling as it needs to run very hot.   They also said it was 0.8 W/GH, which would mean the chip is nudging past the 400 watts per package that seems extremely hard to cool something that hot... only liquid cooling could do it, .. just.   unless of course its not one asic at 550 GH/s, and is a collection of slower asics that together are 550 GH/s

BTC Olympus is a company started in the UK , our initial investment being a capital injection of $ 2.5 million $ 1.5 million in loans from financial institutions. 

can i come visit you ? local pick up ? i pay with BTC

What exactly are those 2 screenshot for below the logo,what are you trying to say to me?

hmm... very suspect all this!


Stephen Conor Giles ‏@StephenCGiles  19 Nov  ON TWITTER:
3.3 Th/s Bitcoin Miner coming soon! Stay tune: http://www.btcolympus.com

Yeah. And on linkedin is only 3Th/s. Are they scaling down cause they realise its imposible to deliver that much hashing power?
I'll ask on support mail and post the answer here.

What's so hard to post a freaking picture or video of units hashing? How come after you raise 4 mil $ you only have 25 units? What is this? What prices can you have considering that you loaned 1.5 mil $ (must return a lot more than 1.5 mil$ i guess).

Our Hardware Machine, BTCO Poseidon is hardware lock. You pay half on website and half on delivery. After the hardware is received, you send us Poseidon unic ID and pay the second payment step and we will send you the unlock serial key.

No way im buying anything with such kinds of locks. Even if this is legit and not a scam, whats to say that there isint any timelock and later they asking for more money to renew the serial?

On the flip side, there is no way a hardware vendor, especially in bitcoin world, would ever agree to such terms. Theres no shortage of people trying to get their hands on it for half the price and then reverse engeneering the design/firmware or just cracking it.

Let's teach them a lesson and get them at half price then (or maybe free if we pay by paypal and we chargeback). But we don't know the prices.

Then you would be the scammer.

After all the scams a revenge would be so damn nice  ;D

Admin Name: Domain Admin
Admin Organization: PrivacyProtect.org
Admin Street: ID#10760, PO Box 16 Note - Visit PrivacyProtect.org to contact the domain owner/operator 
Admin City: Nobby Beach
Admin State/Province: Queensland
Admin Postal Code: QLD 4218
Admin Country: AU
Admin Phone:
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: contact@privacyprotect.org

   
We are sure that every hardware lock can be hacked, that is why we are trying to make it the best we can. Still, we do trust that our customers buy in good faith and not to scam us. Our prices will not be inflated, it's nothing to worry about.

Red flag #1:

http://m.c.lnkd.licdn.com/mpr/mpr/shrink_200_200/p/4/005/026/3a9/14e3d4b.jpg

http://m.c.lnkd.licdn.com/mpr/mpr/shrink_200_200/p/4/005/026/3b3/0f268b4.jpg

http://m.c.lnkd.licdn.com/mpr/mpr/shrink_200_200/p/4/005/026/3a9/2ae54ea.jpg

Notice that all photos have a neutral background, which could indicate that all photos were shot in a studio. Thus a person could obtain those photos from a stock collection produced by such studio and use to create fake LinkedIn profiles.

Red flag #2

https://picasaweb.google.com/lh/photo/3Wni1Mc1uzxTswjf0ev2cdMTjNZETYmyPJy0liipFm0

https://lh6.googleusercontent.com/-FS95VpLO8Mw/UosXmxynKrI/AAAAAAAAABA/4JV3Hh37ETs/s512/matt1.jpg

A different photo, but at the same time with all elements from the LinkedIn profile photo. As indicated by Picasa, this photo was uploaded on 19/11/2013.

Red flag #3

https://www.facebook.com/pages/BTC-Olympus/1430058203875666?fref=ts

https://i.imgur.com/zbkVXYX.png

19/11/2013

Red flag #4

http://www.companiesintheuk.co.uk/Company/Find?q=BTC+Olympus&location=&s=s

BTC Olympus is not the name of any registered company in UK.

Red flag #5

http://centralops.net/co/DomainDossier.aspx?addr=btcolympus.com&dom_dns=1&dom_whois=1&net_whois=1


Anonymous Internet page registration.

For what it's worth, I've asked to receive a review unit that I would pay for in full upon delivery, and report back to the community as to the legitimacy of this product.

In theory, they are OK with the request and have passed it on to the rest of the team for approval.

Will keep ya'll posted.

next fault!
who deals with Xian, eat little children too.

I actually know a Nigerian prince who was interested is setting up a new farm, maybe we should talk.

We are actually having discussions with 2 different potential partners about setting mining farms.
Please subscribe to our newsletter and let us know your business proposal.

Claim: "We've been working on this thing since June but didn't want to post anything about it before we were ready."

Now here comes this thread, and they haven't got a thing to show.

WTF was the point of making this thread?

So much fail.

I do not know about that, he approached us and we belive he is trustful enough. I hope i am not wrong.



We are actually having discussions with 2 different potential partners about setting mining farms.
Please subscribe to our newsletter and let us know your business proposal.

Claim: "We've been working on this thing since June but didn't want to post anything about it before we were ready."

Now here comes this thread, and they haven't got a thing to show.

WTF was the point of making this thread?

So much fail.

I, personaly, don't think that i can tell what a person works after his/her face.



One of the Hero member here will test our product. So, for those who are not decided, please wait for his review.
Til then, don't forget to subscribe to our newsletter for more updates: http://www.btcolympus.com (http://www.btcolympus.com)

I wish you all a great evening!

First of all,

IF you really want to sell a product, (with No Pre-Order), maybe you can start with some photos of the units and video of the hashing power.

Bitcoin communities are understanding people, IF you are under development, just state so. They will take a risk like what they did with ASICMINER.

IF you have 25 working units, please post some REAL photos and VIDEO.

IF not, you are just making yourself looks bad with some photo studio photos (not sure if real or not in the first place).

Please don't waste time hoping to scam some newbies.

I think easier to scam using the Nigerian chain letter which is just COPY & PASTE and send out to 1 million email.

I am the group managing director of the Nigeria BitCoin (NBTC) and a member of the ad hoc committee set up by the federal government of Nigeria to review contracts awarded by the past mining administration between 1985-1993. The members of the committee are interested in the importation of Asicminers into the country with the funds presently floating in the Central Bank of Nigeria/Nigeria Bitcoin foundation (NBTCF) foreign payments account.
Our request is anchored on our strong desire to establish a lasting business relationship with you and your company. We hence solicit your partnership to enable us transfer into your account the said Miners. You have been recommended to us in confidence and we were assured of your ability and reliability to prosecute business transaction that require maximum confidentiality.

Yours faithfully, ALHAJI D. BAYERO

next fault!
who deals with Xian, eat little children too.  ;D
many Heros in here are just spammer   ;)
u readed here many time and do not know the community!?

If you are preparing to ship, then you must have a fully tested and ready product.

Can you post some photos, and provide some specs for your units ?

I hope you can appreciate many of us, myself included, are very dubious of your claims TBH.

Since we are still struggling with heat problems, we will be able to open sales only Monday 16 December for our first batch.
Remember:
NO PREORDERS only IN HAND SALES

http://s21.postimg.org/negfzatif/Sunday.jpg

Remember to subscribe for more updates here:
http://www.btcolympus.com (http://www.btcolympus.com)

Have a great day!
BTC Olympus Team

Since we are still struggling with heat problems, we will be able to open sales only Monday 16 December for our first batch.
Remember:
NO PREORDERS only IN HAND SALES

http://s21.postimg.org/negfzatif/Sunday.jpg

Remember to subscribe for more updates here:
http://www.btcolympus.com (http://www.btcolympus.com)

Have a great day!
BTC Olympus Team

subscribe box has errors.

Instead of delaying just post some damn photos of the units with heat problems. Or just undervolt them for better cooling and post photos/videos. Having no proof screams scam from 100 miles.

^^ This, signed up to the list just in case, but until such time as there is ANY evidence of actual hardware

https://i.imgur.com/xowj284.jpg

now heatproblems?
u have heatproblms in your pants!
Sales Batch 1 - total 25 miners - most allready saled!? ::)
IT guy, better repair your buggy anonymous Amateur Homepage and sell crapy USB Sticks!

okay, if i have read correctly you only have 25 units available in this public offering, i have spoke with the Nigerian and he is willing to buy all 25 miners, but he wanted to know if you accepted mugu guyman coins? the can be exchanged into btc using the 419.ng exchage.

if everything goes well the prince will be looking for another 419 units from you in the coming year

I do not know about that, he approached us and we belive he is trustful enough. I hope i am not wrong.



We are actually having discussions with 2 different potential partners about setting mining farms.
Please subscribe to our newsletter and let us know your business proposal.

Why is your company's only employee on linked in an IT specialist...?  How does one engineer ASICs with IT specialists...

Their telephone number 'is not accepting calls at present. Please try later.' It's a Derby code.

2. PAYMENT.
(a) Payments are due in the amounts, in the currency, and at the time stated in the order or confirmation sent by Hashfast, or if not so stated: (a) paid Bitcoin, to the account designated by BTC Olympus; (b) within thirty (30) days of date of invoice. If BTC Olympus incurs exchange rate losses due to Buyer’s failure to pay when payments are due, BTC Olympus shall be entitled to equivalent compensation from Buyer for such losses. Hashfast is not responsible for pricing, typographical or other errors in any offer by BTC Olympus and reserves the right to cancel any orders arising from such errors

 ::)

I understant your point of view and i embrace it. Everybody should be aware of scams. I personally have been reading this forum for monts and we know that our customers are very wise people. We guarantee you that we will provide proofs of product working and every information needed BEFORE we open sales! Please give us the benefit of doubt, until then. I promise you all we will try to fulfill our mission, which is 100% costumer satisfaction

http://btcolympus.com/terms-of-sale/

BAHAHAHAHAHAH copied directly from Hashfast. Just changed a few words. Bad scam ran by some teenager.

Red flag #5

http://centralops.net/co/DomainDossier.aspx?addr=btcolympus.com&dom_dns=1&dom_whois=1&net_whois=1


Anonymous Internet page registration.

Their telephone number 'is not accepting calls at present. Please try later.' It's a Derby code.

Can we have a SCAM in the title? I'm sure there will be enough idiots who will order from them. Only the fact that they copied TOS from HF should scream scam from 100 km away.

Looks like someone bought them all :)

https://i.imgur.com/6ctlpK9.jpg

https://i.imgur.com/vWC4CFA.jpg

Back instock invisable miners, get them now

Hmm, interesting. I went through the order process, got an address from bitpay to make a payment to.

so the address given is: 14xPWSbKFUzbxVY46ePXcepWgTGHPx6VfG

Just checked the block chain info

https://blockchain.info/address/14xPWSbKFUzbxVY46ePXcepWgTGHPx6VfG (https://blockchain.info/address/14xPWSbKFUzbxVY46ePXcepWgTGHPx6VfG)

and it looks like a payment has been made to that address already.

hmmm... has my order already been paid or are they getting everyone to one address?

Phil

Their address is bullshit by the way, used to walk past there almost every day. Its all ridiculously expensive retail, like talking 7-8 figure £ rents a year.

At least they spent money on professional photos
https://i.imgur.com/UsKVXl0.png

They're an English company but not in the company register? Well that's good.

At least they spent money on professional photos
https://i.imgur.com/UsKVXl0.png

Because we are at the beginning batch #1, #2 and #3 will look like this:
—
BTCO Poseidon (Dec) – In hand – 25 pcs.
—
BTCO Poseidon (Jan) – Preorder – 100 pcs.
—
BTCO Poseidon (Feb) – Preorder – 100 pcs.
BTCO Zeus (Feb) – Preorder – 25 pcs.

To post a quick update, they have responded saying that they will allow me to do full escrow in a trade for one of their units. I will tell you how it proceeds and give status updates here.

who is the escrow?

For the record: I know for a fact that they ran away with BTCs from atleast one order if not more.

feel free to post your facts and let others judge.

Your order is complete
Hi there. Your recent order on BTC Olympus - Bitcoin Mining Hardware has been completed. Your order details are shown below for your reference:
Order: #1819
Product	Quantity	Price
POSEIDON Full Payment
1	8,000$
Cart Subtotal:	8,000$
Shipping:	Free Shipping
Order Total:	8,000$
Note: Kindly send me tracking number my email and sms. Thanks!

Following order never shipped!

I dont want to deny your evidence, but your are a bit lacking in your proof. I would much rather a picture of this email if possible.

aaaaaaaaaaaaa

In behalf of BTC Olympus im proud to announce our second ASIC (first, Achilles, did not perform properly). We worked quietly because of all the scams on the market, so we didnt want to get the same "publicity".
Our company is not that young, we work as a team since June 2013.
Specs:
Hercules chip: 
High Performance 28nm ASIC 
Hashing Output: 550 Gigahash/s   
Power Consumption at the chip: less than 0.75 W/GH/s +/- 15% 
This chip is not designed to be overclocked.
Chips will be assembled in a mining machine:
BTCO Poseidon

About us:
BTC Olympus is a high-end ASIC Hardware Manufacturer. 
BTC Olympus was founded in June 2013 and along came a strong team of technicians and engineers , but also financial specialists . 
BTC Olympus is a company started in the UK , our initial investment being a capital injection of $ 2.5 million $ 1.5 million in loans from financial institutions. 
Unlike others, we answer the phone, email and we guarantee our full support. 
It is probably the most ambitious start-up in the ASIC manufacturing industry . 
BTC Olympus did not release on the market false or misleading information, the total costumer satisfaction being our mission . 
We are aware of our competition and expectations of our customers and we guarantee that we are the first ASIC manufacturers who have no problems with sales delay, because all our tests were made before getting any information out on the market.
Payment Methods:
Paypal
Bitcoin
Split payment can be used with Bitcoin. What does that mean?
Our Hardware Machine, BTCO Poseidon is hardware lock. You pay half on website and half on delivery. After the hardware is received, you send us Poseidon unic ID and pay the second payment step and we will send you the unlock serial key.
How can i buy?
NO PREORDER
Our first batch of Poseidon, a very small one, about 25 pcs. wich is almost sold-out, will be shipped this month!

For more updates:
http://www.btcolympus.com
Kind regards,
BTC Olympus Team