Bitcoin Forum

I just got a pre-order for a Jupiter, but in the mean time I was looking at getting some new gear.

Has anybody heard our bought anything from ntek?

http://ntekcomputers.com/products/1ths-asic-bitcoin-miner-1000gh

They have a 1.2th/s machine for only $8500.

Any opinions.  I'm looking to get something that we can use until we get our KNC in.

Thanks.

yea sure, buy from them, and than cry :)
do a little research on your own

All you will be getting from them is a really expensive CGI picture of a miner...

Stay far away from any new ASIC company that has shown nothing to community forums. This is probably a scam.

Dont take a chance, there are plenty of reputable sellers to buy gear from now that have real products for sale right now.

I actually just preordered one. If they were a scam y take credit card and not bitcoins and 2 why would they have a a parent company revuprendering that has a Facebook and Twitter with followers and phone number. Y do they once have the money call and talk to you on the phone for a good 20 mins about there product that after it bought. Also I have emailed them at least 30 times and almost everyone received a response. Also I confirmed that bitmine ch is where they got the boards from. You can call. Also you can call either the companies number or I have another number / direct line. Just because no one has heard of a company doesn't mean it's fake it only means it's new. Also there is an order tracking on the website. Way to much paper trail to be fake.

Hmmm  couldn't possibly be fake.

Twitter/Facebook
https://bitcointalk.org/index.php?topic=415128

Email is usually outsourced to the Philippines  

Phone answering services are a few cents a minute now a days

Website/Parent Company/Documentation/Etc.  $1,000 ish.  For legit entities, fake ones are easier to setup.


Actually this site just looks like another re-seller of the flood of Avalon chips and devices 200G, 400G and 1.2Th.

EDIT: It says 20nm.   Credit Card scams still generate revenue.  Unicorn?  Anyone?  Live Unicorns for sale!

Yes definitely trust the supporting post from the brand new forum member with precisely one post extolling their virtues and how it's 100% not a scam.

So far following suit with the standard protocol for a scam. Keep up the good work ntek.

Bitmine are sending chips or wotnot to the dreaded AMT, probably/possibly. To Wasp Project, certainly. Are they sending to others?

LOLOL

On their website they sell an i7 6 core watercooled computer for ...... on sale ..... $7999 (down from $9000)

It includes 2 nVidia Titan worth supposedly $1k each ... when they were released a year ago ...

If that doesn't make anyone run and hide from them, then they are waiting to be conned :)

consider you just went full retard, you're either one of the scammer, or one big ....

   nTek n6
   $7,999.00 $9,000.00


    Intel Core i7-4960X 3.6Ghz Six-core processor  (Turbo 4GHz)
    64GB DDR3 1600
    Dual NVIDIA GTX Titan 6GB Video Memory
    850 Watt SLI Ready CrossFire Ready 80 PLUS GOLD Certified Modular
    1TB RAID-10 7,200 SATA (Redundent Storage)
    15X Blu-ray Burner
    Windows 8.1 Professional
    Liquid Cooling

There is something wrong with this configuration when intensively using 3DS Max or After Effects.
You don't even know how to build a computer.
How come you can build an ASIC?

it doesn't say 20 it says 28nm and all u have to do is call bitmine to verify they bought a bunch of chips. Also the owner ry Bruscoe is definitely in the USA. Has a Facebook and all with status updates and a good a mount of friends. 
And yes I just signed up today cause of these post. If someone actually took the time to do research on the people running this company u would see again they have 2 much paper trail to be a scam. U can figure it out your selves if you weren't lazy and just wanted to bash a company

How about this when I get mine I'll post YouTube videos and show you all. This is the problem with people these days. No one takes a risk or chance in a company just because they don't know anything about them.  That's ok though 14-21 day turn around on a credit card (even if were a scam could get my money back) I'll take the chance

You show us all.

You go with your bad self.

Could I interest you in a Live UnicronHasher^TM?

I don't even know why I am arguing with you guys it's pointless. Just wait for me to post videos as soon as I get it and if I am right u all will feel real stupid.

nTek Computers

Alexandria, VA

United States

703-838-6079

855-214-2228


Great address there, real accurate.

If you are wrong are going to run into the next room and tell your mommy?

(703) 838-6079
Land Line
Owner Name: AVAILABLE
Address: AVAILABLE
Search Date: Friday Jan 24 2014
Carrier: Verizon Virginia Inc
City: Washington Dc, DC
County: Arlington
Longitude: -77.099019278904
Latitude: 38.880541030964

(703) 838-6079
Owner Name: AVAILABLE
Location: WASHINGTON DC, DC

1st phone number, looks good. I'm not registered so they not giving me the exact adress, And the name. Who can find out better info?

I couldn't find any reviews on their products and the domain was just recently registered, that's why I had asked. 

They have some ebay auctions as well.

I decided to buy 2 antminer s1's, they will tide me over for a few weeks/months.

Donny

miaviator, where does it say anywhere on our website that we are selling an ASIC miner based on 20nm technology???

Where does it say in profile that I can read or tell the difference between a 0 and an 8?  Funny story, I was confusing the different scam threads actually, your scampetition: https://bitcointalk.org/index.php?topic=429513.0 are the ones offering 20nm chips.  Let me know if you are interested in Thorahasher or the Live UnicornHasher, you could be a re-seller!

Most of us can't understand your dyslexic (or just plain stupid) gibberish.  Learn to type and spell and maybe people might take notice.

to be fair they have stated they are using Coincraft chips.

Easy way to tell if they are legit, ring and ask them if nTek have ordered a load of their chips.

Actually the Chips were purchased from bitmine so call them

Bitmine make the coincraft chips.

That's how much I know hahaha

If you call Bitmime.ch tomorrow and ask to speak to Antonio he will confirm that he knows Ry. Say the name RevUp Render and his name and he will know who you are talking about. They can confirm that they have ordered and paid for very large amounts of their A1 Coincraft chip from them. They only answer their phones between 10am-12pm and 2-4pm Switzerland time so just google the time there until you see it matching and call then.

Bartman, no offence intended but you are looking a lot like a shill here.

I don't understand why you all are giving Bartman a hard time. He was just trying to state facts that we have purchase a very large order of Coincraft A1 chips from Bitmine. He is a new member here and so am I but that does not automatically make our miner a scam. Bartman is a real customer who placed an order with us yesterday.

Thank you to those who did acknowledge that we are using Coincraft A1 chips. I guess we can keep saying that but some people keep wanting to call our system a Unicorn. LoL

Not trying to give the guy a hard time, just a little suspicious when someone has only ever posted about how great a company is and seems to have inside knowledge of who to speak to.

To be fair I think there's a good chance you are legit, and I am interested. I plan to give Bitmine a call and get you checked out and may order.

How reliable is your 14 day lead time and what guarantee do I get

What payment methods are there?

How much to ship to UK?

I see they accept credit cards on there website !! Why dont they accept pay-pal if they are such a legit company ?? Should be no problem to add this option if they really are legit  ??

After googling what a shill is. I must say I am not. I just have over 30 emails between myself and Ry from ntck cause I was skeptical myself. I just did a ton of research first. I called bitmine to verify then I found and googled Ry's name with peekyou and found all his networks. Then I face booked him to make sure he was the same person. Then I called and spoke to David that works at ntek then after all that I asked Ry via email every question you could ask about his miner. The only thing I can say is he is defiantly a real person that did buy a bunch of a1 chips and is 100 percent in the USA. He is also defiantly making this miners. The only thing is the waiting time. I ordered mine on Wednesday. How long it takes we will see. I'm giving it the 14-21 day range for a tracking number. For as I told him any longer would be a shorter preorder that's all. But everyone needs a build time so 14 days make sense to me. Even dell and hp have a 2-3 week order/ production time for customized computer. If I don't get mine in that time frame I'll be the first to admit I was wrong. And will file a fraud charge with the credit card company. But I don't think that will be the case.

All I am asking is for people not to bash a company until we know all the facts.. Hell use me as the test subject to find out. If I am right about this and I get my unit and have a bunch of videos of it running and un boxing then order one. If you don't want to then u don't have to. But give me a chance to even see if it's real before the bashing begins

these guys sound more legit than those other guys with the 20nm chips ..

let's go over to that thread and bash those guys some more while we waiting on bart ..

We can take PayPal as well and we have on some orders. However, it is much more difficult to work with PayPal for anything related to bitcoin mining. There is the same protection if not more with almost every credit card company. Citi for example gives a full courtesy credit within 24-48 hours if you file a fraudulent charge. We are not in the business to do anything but deliver our systems quickly and make customers happy.

Thank you. That's all I am asking. Like I said I'll be the first to admit that I am wrong if I am but I just don't think I will be. Ry is a very nice man just email him or post questions he will answer them I am sure. And just hang on and wait till I get mine then I  will have YouTube videos and I'll post the links. As soon as I get it.

Amazes me how you can go to market with a chip you know nothing about.


As nobody has been able to get more than about 30.5GH out of A1 turbo mode good luck with 40 chips doing 1600GH...


...and as it's 1Gh/1W in turbo mode those 40 chips doing 1220GH will draw 1220W!

Im going to call my credit card provider and see what there policy is for refund of credit for non-delivered puchases from online websites . Im pretty sure as long as its within 30 days you can get the charges reversed on your credit card ..  I've allready invested about 5,000$ in first generation asic miners and just about going to make it back by the end of the next difficulty increase (in bitcoin). For sure didnt make any ROI but guess it was fun lol :)

From bitmine own website:

Technical specifications* of the CoinCraft A1 ASIC:

Developed on 28nm HPP process from Global Foundries
Custom IC package with power bars for low voltage, high current feeding
Configurable in daisy chain mode for distributed work with up to 253 ASICs.
Standard SPI interface
Hashing power of 25 GH/s in nominal and up to 40 GH/s in Turbo mode
Power usage of 0.35 W/GH in low power, 0.6 W/GH in nominal and 1 W/GH in Turbo mode
Supply voltage of 0.65V in low power, 0.765 V in nominal and 0.85 V in Turbo mode
Mass production available starting from the second week of December 2013

Check out the burned boards/chips trying to reach that theoretical 40GH they seem to be destroying them trying to pipe 40W through each chip.
;)

All I know is I am not even going to bother over clocking it. I am happy with it running 1.2 even at 1000w my electric is free cause my company will be paying for it haha

Why bother maxing out a chip anyway there is no point. You lower the life span for one and for 2 wouldn't it just be easier to get another unit or even another couple boards if you wanted something quicker instead of trying to max out a chip constinatly.

i think overclocking is safe if your unit is in a nice chilled air conditioned environment ..

Very cold air or liquid cooling

Liquid nitrogen more like!  ;)

I bought one of these on ebay and called the guy to cancel. I was very hesitant because the story sounded fishy. Does anyone know if these actually turned up? I am very interested in seeing.

I don't think he has any yet. I believe he bought a bunch of ASIC chips and is attempting to put them together. But the entity nTek is a non-entity, even though he claims to be a subsidiary of RevUP in another state, but I still wouldn't say he's legit because the nTek entity doesn't exist, how can you do business under a name that doesn't exist, aka you can't.. It seems he's afflitated with this other company ReevUp in RI, but why not just sell under that name. I can only think of 1 or 2 reasons for that, neither of them are good. 
 I dunno. I believe him to a point, but the fact that he runs under a non-business is a major strike, the pictures are dark and obviously Photoshopped, but I believe he's said there isn't actually any product yet anyway, so those pics are expected to be a Photoshop. My gut says it's 1 or 2 guys who bought some chips and are attempting to assemble an enduser product, I think there's months of work ahead, how to manage heat, how close they can be, supply chain issues, the chips he bought he'll need 40 of them in 1 box to do 1.2Th/s, that's alot of engineering work to get that all to work right. Mabey it'll work out for him. I wouldn't be sending any BTC his way , mabey it's just me. He does say he'll take CC, that's a tick in the good column I guess.

I had a talk with Ry of nTek computers and agreed with him that I will do an independent and honest review.
I have done a review of the Antminer before.

BenTuras, sneeuwt het op dit moment ook in Rotterdam?
Het sneeuwt hier in Groningen.

niemand geeft waar wordt sneeuwt! spraken over Bitcoin mijnwerkers niet het weer

Ntekcomputers.com and revuprender.com have the same address are located in the same place owned by the same person. Not different states

Ntek claims to be a VA company. RevUP is a company registered in Rhode Island with a VA address.
Ntek, doesn't exist anywhere, it's not a company (https://sccefile.scc.virginia.gov/Find/Business?SearchTerm=ntek&SearchPattern=K&as_fid=w%2FMZ%2FAdIAlIecN%2B8%2Binc).  Just a website and a guy with a made up name. So if he has a company, RevUP,why do business under another name? I own a small consulting business, I can't register under company X and do business under company Y. There's alias' and subsidiaries, but they still have to be registered somewhere. So, I'd be curious if your invoice or receipt says nTek, or RevUP?  If it says nTek, I'd be a bit worried, as it's not a business entity, therefor, there's nothing to go back on if the deal go south.

THis is just my opinion, I don't think it's a complete scam, I think he's bought a bunch of chips. But making it all work under a reasonable amount of power and manageable heat and being reliable over the long haul? I think it's months off at best. By his own admission he's just having boards made, seems more concerned about design and logos than a working machine.  I think he's being a bit optimistic on if his idea can actually work. There's alot more to it than just stuffing 40 chips on a board and hoping for the best.

The invoice says nTeK but the transaction via credit card (on statement as charge) and email receipt say Revuprender

Also by another previous email they have been testing  prototypes for the last month or so. The board are manufactured in California which was confirmed and according to that company they can print 20,000 boards in 1-2 days and then assemble so again not to far off.

His idea was strictly to create and on demand assembly line. Such as you order a unit. It's submitted they order a certain amount of boards to be made they get sent over night to assemble in case and test it then shipped.  In sort terms

Am I the only person that cringes when someone says "only $8,500"?

Clearly I'm in the wrong line of work...

You don't mind to show those emails with your personal info removed.

Well, I'm not trying to badmouth anyone, just seems like on it's face,  a bit of a stretch. Considering $8500 is involved and there's alot of people getting burned in this space on one thing or another, that's a big stretch. Honestly, I do hope it's real and it works as advertised.

Screenshot of your order with your info removed.
Is that possible?

I am on my phone this will have to do

www.dropbox.com/s/7j7hwlqqj48alb1/Photo%20Jan%2025%2C%2010%2053%2016%20PM.png

nTek Computers is more of a brand of RevUp Render. As an example, Disani is a brand of CocaCola: http://en.wikipedia.org/wiki/Dasani

We may make nTek into its own company later but for now our focus is on getting our TH miner out the door. Please just give us time to show our miners in live videos and reviews soon.

You need to charge that iPhone dude.

Someone who is BTC rich, Should buy one to confirm. If they can show proof here and have a support thread like any other mining gear company, Then they should be considered some what legit.

I did buy one look at the link above ur post I am waiting for mine to be made and shipped. I asked everyone to be patient and as soon as I get mine I will have videos and everything.

I have had a number of conversations with Ry also in relation to the miners they are going to build and in my opinion the community may want to give the Ntek/RevUpRender a close once over and determine their depth in the rendering arena as a solid platform for their first move into BitCoin mining as a fabricator. Clearly they have deep roots in the rendering game https://www.revuprender.com/pages/case-studios and what this company and Ry bring to mining might be exactly what we need in this community a professional gravitas.

It is good this community roots out scams as quickly as possible and I agree that this is necessary given the bs we have seen passed off as legitimate companies that actually ship product. Time will tell if Ntek will deliver as promised but there is plenty I see here that gives me the sense that this team will produce miners based on their background in rendering. This is not an endorsement. This is merely my opinion based on the review of the information available and the communications I have had with Ry.

At this point let us see what Ben T. says about a unit review and let us see what NTek can show us in the coming weeks as they build their miners. I wish them luck and welcome what I suspect will be a definite positive addition to ASIC fabricators based in the USA as we all know we need more players in this market place that will deliver product on time with little or no bs.

Perfectly said

I ordered this on ebay on Jan 8th and I cancelled the order due to how fishy everything sounded as whole. I believed in what Ry was saying, but I felt as if he was being scammed from another person. I was told that within 14 days the product would arrive. I also said that once the item arrived that I would be interested in buying at the minimum 10 machines paid for on time of arrival and I would fly out to get them. I am not the savviest business guy but I do know that would be a good profitable deal at $8500 a copy. Now all I asked was that I received pictures as soon as ntek had received the one prototype or working model. I have since noticed that the entire picture of the miner has been changed and that the old miner was again listed on ebay from Romania. Now it is Jan 26th and there is still no evidence of proof of this miner. I am curious how many people are being taken on this? It is obviously a scam at this point. I hope that anyone with a credit card cancels the transaction before its too late. I was notified within a few days from ebay that the seller account was that of a known scammer and they took the account offline for a while. They managed to get back that account however somehow. The miner was called a "Cherry Piee 1 TH miner" at the time and now it has changed to ntek. I was contacted by another new member of ntek and was told they would get back with me as soon as they had the  1st miner in hand. If what I am saying is not true by any means please speak up and correct me ntek. I am just looking out for people as I was one of the lucky ones that got a refund from BFL because I used a credit card and I know the feeling of losing thousands of dollars to a greedy feeling. The whole purpose of this company was that it could provide a miner within 14 days that could mine at 1TH and actually have a return. It looks now though as we have another BFL on our hands? Anyone that would like proof of my Jan 8th purchase on ebay can PM me as I cannot figure out how to upload pics here.

Hello, I think you might be confusing us with someone else on eBay. There was some others copying our auction word for word and they seemed like scammers for sure. The part about our eBay account that you mentioned is not true at all. eBay did lock our account simply because they thought someone hacked into our account. This was not the case at all. eBay had detected that our account was logged into from a different computer. You would think that they would check the IP address though before doing that since it was a different computer on the same IP address. Regardless this issue was very quickly sorted out by a phone call to eBay and they apologized for emailing all buyers we were in contact with and saying that out account was hacked. They were supposed to send a follow up email to inform everyone that this was a mistake.

Also, I do not think that you actually paid for a miner from us. I am pretty sure you just bid on one and then we canceled the transaction for you before you paid because you felt uncomfortable with it. I know for sure that you had no trouble at all with this and we simply canceled it because you changed your mind before even paying. We have been very transparent and if anyone does not feel comfortable with the purchase then we told them either not to buy with right now or we gave them a refund. There has been two customer so far who changed their mind after paying and we issued them a full refund.

See previous comments because we will soon have some customers and one of the Sr. Members of the forum review the miners. Please wait until after that before making assumptions. This is a very real project and we do have a very large order of Coincraft A1 chips in with Bitmine. They are supposed to be express shipped to us tomorrow. The PCB's are ready for the chips to be installed at a major PCB facility in California. The explanation for the other stuff you said was because we were going to try to purchase a TH miner from someone in the UK who promised they could deliver and he was taking PayPal so we thought it was worth trying. In the meantime we were already working on building our own miner and when were able to confirm the delivery for the bulk orders of A1 Coincraft chips before the end of January then we switched completely to only selling our own miners.

Previously we were selling 55nm Avalon based miners from China but we decided to stop selling those because they are no longer a good value at 200Gh/s vs. the new TH miners. I can show pictures and videos of the 55nm Avalon miners since I still have one here as a test machine. Just to prove that we did have those for sale and they were real as well.

I need to focus on the building of the current TH miners as our only focus right now is getting them out the door.

If you have the product tomorrow please call me because I am very interested in buying some. I'm not interested until you have them in hand. I hope that everything you're saying is absolutely true and if it is when you were going to have a wonderful company. I'm not trying to bash you at all I'm just trying to look out for people in the Bitcoin community. If you were able to provide one tear hash $8500 tomorrow I will be interested. Good luck. 

Been watching this post didnt someone order pretty early on this post?? What is the date of the end of your 14 day waitin period ??? To claim to be able to ship 1 t/h miner with in 14 days is pretty hard to believe.. Anyone have a exact date that they should recieve one ?? Once one member gets a miner in hand there going to sale like crazy and maybe that's what Ntek is going for ..

I ordered mine jan 22 so the 14 day mark would be February 3rd plus shipping. I am sure they are legit and as soon as I get mine I will be posting a review as sum of the other members that are reviewing this miner

If and when I get a tracking number I will even post that :)

I ordered mine on Jan 8th...it is Jan 26th..there were 7 other orders at that time..so I am confused as to where they are..I am awaiting to see this product though.

This looks pretty fake tbh. The website doesnt look like much time was spent on it. Dont risk it  :/

My understanding is that the chips will be in tomorrow n boards will be assembled starting tomorrow. Then expressed ship to be placed in the case then shipped after bench test...

I hope so!  I am awaiting the test..I want to order 10 of these asap if this is true.

I pre-ordered this miner from ntek on Jan 9th and I believe I am one of the first to do so.  I will say, as other have mentioned, that Ry Bruscoe definitely seems to be a real person...I have spoken to him personally and exchanged a dozen or so emails since my order.  They always seem responsive.  I also did some homework, and Rev-Up Render (ntekcomputers parent co) appears to be a real company with established business in the GPU rendering arena.

If this was a scam, I would have to say it is one of the most elaborate I have seen.  But that doesn't mean it's not a scam.  I'm sure people have gone farther lengths for less money.  The reality may be that this is yet another company that sees bitcoin as a lucrative market but cannot deliver what they promise when they promise it.

I have yet to receive my order or an idea of when it may ship (now 17 days past payment clearing).  None of this is meant to bash the company or anything like that - I hope it is legit, since is rather be happily mining than trying to get my money back.  I'm just stating my experience with them is all.

I'll be the first to post here when (if?) I receive my miner.

Feel free to msg me if anyone wants more info.  I'm in the same boat as Bartman at this point, just a little deeper in the water...

What payment method did you use?

I used credit card

sock puppet fail?

It should be credit card companies risk or any shops risk if they don't deliver to the card holder's address.

I'd be uneasy about sending Bitcoins to these guys are their domain registration is hidden and that's not a good sign normally.  ;)

domain register in november 2013.
site sell item noone ever buy. who pay $3000 for $800 pc they sell on site ? It just to fill white space around asic product
site is fake. why bother discuss ?

We will see this week when the boards are printed with their logo and they start assembling. This by far is not fake. Yes website was just created but ntek is part of revuprender which has been around since 2005

I am not sure where the chips went that we're supposed to be delivered today? Anyone hear any news? If not it's another case of string along BFL type stuff. It will soon become too late for some of these poor people to cancel credit card transactions and meanwhile in Bora Bora a guy is tan while sipping a nice drink:) I hope the best but it's not looking good. I was assured 14 days and not a day longer on Jan 8. Boy am I glad I trusted my gut feeling.

Compared to what happened w/ the CTS Miner debacle, this group looks a lot more legit (not concluding either way).  Consider the following:

1. http://ucc.state.ri.us/CORP_DRIVE1/2013/0603/000000000/3571/201322153490_1.pdf

Of course, they probably should be registered in VA as a foreign entity - that's how we'd do it my state at least.

2. This may be the other corporate officer: http://www.lederbergblackman.com/biol.asp (good credentials for an attorney, notwithstanding the BU Law degree (I'm a BC Law guy)).

3. http://www.linkedin.com/groups/RevUp-Render-Inc-2962765?trk=groups_guest_item_list_abbreviated-h-dsc&goback=%2Egna_2962765

4. http://www.youtube.com/user/RevUpRender/videos

Clearly dealing w/ real people here.  That's a good start. Again, I'm not taking a position on the ultimate legitimacy - just sharing info.

Yes the site is new.
nTek Computers is a new brand of RevUp Render, Inc. www.revuprender.com
RevUp Render does not really sound like a computer company as it is more cloud based computing. Thus the new product branding for nTek Computers.
You can check out RevUp Render all you want and you will see that we are very respected for high performance computing related to architecture, engineering, and VFX.
Not sure how you would know how much items we have sold through the website since this is not public information.
Just because a site was registered recently does not mean it is fake. ntekcomputers.com is based on the Shopify.com platform and Shopify does have a process for verifying merchants with social security numbers, EIN's etc...

We will soon be putting a permanent physical address on the website. However, we have previously working in advanced cloud computing for the last five years. The very nature of cloud computing is to be mobile. Right now we are working out logistics if we want to have a manufacturing facility in California or the east coast. There are a lot of factors to consider to ensure that we can provide a steady supply chain to customers. We want to make sure that we can end the whole pre-order thing. Right now we are selling custom systems just like if you order a custom Alienware system from Dell, it might take 2-3 weeks for delivery. In the near term we want to just have systems on hand and ready to ship within a day or two so this is why we do not list an address on the site right now. Figured it would look worse to put one address and switch it once we iron out the details of our long term manufacturing process.

Soon enough people will be getting our new TH ASIC miners in their hands and I understand that is the only kind of proof in this industry. I respect that many have been burned by other mining hardware companies so I am not going to try to convince anyone too much until we deliver the first systems.

In the meantime anyone can see that we are an established business. Feel free to check out some of the ground breaking things we have done in the visual-supercomputing world!
You can't really fake stuff like this:

http://gfxspeak.com/2011/06/07/revup-render-introduces-revupvcs-on-realityserver/

http://archive.hpcwire.com/hpccloud/2011-05-23/revup_render_introduces_the_first_cloud_system_for_architects_based_on_nvidia_realityserver.html

http://www.cgarchitect.com/2011/01/cgarchitect-report-on-autodesk-university-2010#revup

http://www.elegantworkflow.com/?p=318

http://www.prweb.com/releases/2012/6/prweb9652959.htm

http://worldcadaccess.typepad.com/blog/2012/07/alternatives-to-autodesks-cloud-rendering-service.html

So did the chips come in today? If so is there any video or picture proof to be posted? Or was there a delay caused by the snow storm? It would be real nice to see some proof! It will boost sales tremendously!

Somehow someone misunderstood that Bitmine.ch had a scheduled delivery of the A1 Coincraft 28nm ASIC chips today. This was the first production batch of their new groundbreaking ASIC chips. We did not say that the chips would be delivered to the United States today. Good news is that I did confirm with the owner of Bitmine.ch that the chips were leaving Hong Kong today on schedule so we should have them very soon.

As many of you know this is very good news and the main reason nTek / RevUp Render decided to source the ASIC chips for our miners from Bitmine. They have a good reputation for delivering on time. Must be something to do with Swiss clocks! ;-)

Please understand that we are building these systems as quickly as possible. We all have been working 16+ hours every day to make sure we are crossing all our t's and dotting all of our i's.

The few people who ordered the TH miners first will be getting their's first. We are just about a week past the 14 days we expected originally just for those first few orders. Also, we originally sold those first systems on being 1000Gh/s and now are delivering at least 1200Gh/s and up to 1600Gh/s per miner with overclocking. The A1 chips are designed to be overclocked and we are using several very powerful delta fans to keep the chips nice and cool. There has been extra testing and validation work to ensure the chips will have a long lifespan at the higher hashing rates.

Feel free to post any questions for us here as an order support thread. RevUp Render (nTek) prides itself on excellent customer service. Please do not compare us to BFL....I think we have another 12 months of being late until that would be fair. Not one week of being late. Everything technically is on schedule. The A1 Coincraft chips have left and are in route. Hope that is good news for everyone!

Domain Registration Private, check!
Website that looks like it was hacked together poorly by liberally stealing from another, check!
Huge price and no history, check!
No address, check!

So it's got the top 4 signs of being a scam. I'm not saying that it is a scam, but the likelihood is very high!

Based on Shopify http://www.shopify.com/

One of the most advanced and trusted storefront web systems on the web. We have also verified our business through Shopify with an "Employer Identification Number". Also our credit card processing is through Authorize.net which is another trusted platform which requires merchants to be verified.

A website does not prove that we will have working 1200Gh/s miners in customers hands soon. We will! I am just stating facts though because the website is not "fake"

Oh sweet, low-cost outsourced everything.

Cheap virtual hosting, outsourced cart software, outsourced credit processing.

And an ugly website, that anyone worth a damn could whip up in no time.

Hard to believe I am the first one who could pull this - cached address.  Ry - if you are legit, why pull your address from the site?

RevUp Render
Xxxx
Alexandria VA. Xxxxx
Phone: (703) xxxxx
info@revuprender.com


EDITED:  In response to a direct request to do so, I have removed the address that was posted (despite the fact that it is public information that can be found with a simple web search).

Proof will be in the pudding.

Everything else and this pretty innocuous back and forth in this thread means very little to those who have already paid. Given A1 / Bitmine's delivery schedule we will know in short order what is and isn't a scam in the A1 chip miner market. Reading the website like tea leaves for a scam is not the only factor. Putting your own name and reputation up like Ry has does speak more authenticity vs. fly by night operations littering bitcointalk including well established companies that take delays for customers as a badge of honor showing little or no remorse.

Credit Card here as well - going to have to cancel order before 30 day mark I'm afraid, really don't want to have that fight with AMEX...

We are not hear to make anyone feel uncomfortable with ordering. If you would like a refund then please just email info@ntekcomputers.com and I would be happy to give you a full refund. I have given one refund to someone before the 14-days simply because they changed their mind about buying.

"Copyright © 2014 nTek Computers"

How does a "brand" copyright something? I strongly suggest you stop implying nTek is a company and make it right. I don't think Virginia will approve of how you are doing business.

I bet that's a function of a website template. Also, it is possible for a company named X to do business as Y (i.e., a brand).  For example, "Dunkin' Donuts" is a brand name that lots of franchisees do business as. No big deal.

EDITED - poor sentence structure

Yeah, and you need to officially register a DBA if you're going to do that. This is not optional.

You're probably right RE: Virginia law. Technically, DBAs and trade names are supposed to be registered (at least in my state).  But, people don't register DBAs or trade names, especially small businesses, b/c they don't think about it, know about it, or lack the time and resources to do it. There's no DBA police roaming the streets looking to shut down deficient filers - talk about stifling free enterprise. In many situations, failure to register or file business org documents is harmless and can be remedied by simply filing the proper paperwork.  For example, in some situations, a business can even hold itself out as a corporation, not actually be registered as such, get sued, and then claim the corporate shield in the suit. Courts can be pretty forgiving. Anyway, I'm all for skepticism and calling out shady practices - I just don't think this raises many, if any, here (at least in my book).

I would like to suggest to just wait and see.

We all know promises in the bitcoin world are hard to keep given the many factors that a manufacturer or assembler depends on.
And we all think that they should be careful with their promises, still they can't resist and it shows pride in their products(if they are for real).

I am just waiting for the review unit, till then I will just continue to enjoy live, enjoy bitcointalk and sleep like a baby ;-)

And when the unit is in, you'll all know about it!

Good plan.  :)

If you are concerned this is a scam (I'm sure it isn't now). Just ring Bitmine and ask them if nTek ordered a shit load of their chips. Simple.

http://www.scc.virginia.gov/clk/befaq/fict.aspx#a4

Wow, how does free enterprise survive under such onerous requirements!

http://www.scc.virginia.gov/clk/befaq/fict.aspx#a7

Jail time doesn't sound harmless to me.

Hey Syke,

Good find - I thought you were probably right on the requirements to begin with. The interesting thing about laws like the one you quote (although its not statute itself, just a FAQ) is that penalties are not mandatory, they are at the court's discretion (i.e., there's no minimum, only a maximum). Like I said previously, courts can be forgiving depending on the circumstances.

So, again, I don't think the DBA situation concludes "scam." Maybe other stuff comes out later, maybe not. Lets see what the tech review says.

No charge, btw.

I actually miss understood and went back in my emails the chips were express shipped Monday so depending on how fast express shipped from Switzerland is. They should be here today or tomorrow my guess. I don't have his tracking numbers lol

Also you have 30 days from your statement to file a dispute. So what's the big deal of waiting an extra week or 2. This is his first batch. What do you think everything will run perfectly smooth. If you do then you have never been in the manufacturing business.
 

All sound like a bunch of old ladies. Give the guy and nTek a break. :-\

If the price was a bit lower, I'd probably be willing to pull the trigger. By the time they are built and shipped, we'll be at the end of another difficulty jump.

nTek, are you guys going to be adjusting prices as the difficulty increases?

Im getting funds together now for next generation miner been watching this thread and I sure hope Ntek delivers soon i want to order 2 miners. How many units will be available on this first batch ??? Also will the included 1000 watt power supply be able to supply enough power for miner to run in turbo mode??

I am also the lucky ones who ordered as soon as it got liste

Ry, has been nice to respond back and has been willing to work. I can understand few days delay but hoping to get the miners in  this week. Once I receive it will post some pics and working videos as well. lets see

The number "83" seems to be popular among new members... Who all bought nine thousand dollar miners... from the same company...

Yeah that is weird oh wait I am one of them...  Ask someone to check IP addresses

 ??? whats that  supposed to mean

That either we were both born in 83 or everyone with an 83 is fake. Stupid assumptions

I was born in 78 - no 83 in my name or birthday.

That means you might be a spy. Apperantly all new people like me that defend a small company trying to get there name out is fake and or work for the company.

I must say people will find anything.

Also just ordered one more from Ry to be placed on the first batch

So now 17k in the hole for 2.4 th/s I can't wait to get these miners. I am beyond excited for many reasons!

Did the chips arrive?

I am waiting to find out myself. I think they should be in today but I am sure Ry will say something once the chips are at the board assembly/manufacture

I have personally verified that a package is scheduled to arrive at NTek via FedEx tomorrow before noon.  I say 'a package' because I can't verify the contents of the shipment, but I assume it to be the chips from Bitmine.  Sounds like there is still some work to do - Ry plans on overnighting the chips to the PCB builder tomorrow for arrival Friday, then there is final assembly with the cases that are being manufactured - it's sounds as though we might see a few units bench testing before the end of next week.  I'm cautiously optimistic!

Tomorrow is Friday.... So do u mean arrival sat then 48 to assemble then they have to be overnighted back and then if they don't have the cases get the cases.. then the 12 hour bench test of each unit after it ships.

Oops yeah I guess that is true. 

Tomorrow arrival of chips
Overnight ship to PCB Builder
Probably Saturday or Monday Arrival at PCB builder
Build 1-2 days
Ship back to nTek Tues-Weds overnight
Assuming cases have shipped in there somewhere
1-2 days for assembly
12 hours bench testing

So best case scenario is shipping fully functional units next Friday or the following Monday I guess.

Hi

You asked why i thought you were part of the paul burgess cherrypiee 1th bitcoinminer.reason was you had the same stock photos on your ebay auction (ntek) and you said they were coming from the uk,14 day wait the same.Also look up gotec,gotek.anyway guys i would be very worried if i had an order for any bitcoin miner called the cherrypiee or any without real photos.Loads of scammers out there best keeping your cash.

i dont think its coming.This may be a scam?who knows but i dont like the sound of any of it.loads of scammers out there all asking 14 day wait, all have no real pics,all cheaper than leaders in the market and delivery quicker,all new unheard of companys,.watch out guys and i really hope nobody loses there money.The above has all the hallmarks of a scam.I almost got had over myself with a diffrent company calling there machine the cherry piee lol.

Again proof will be in the pudding.

Let us see A1 deliver chips to our doors first. Then see how fast Ntek and others can get working miners out to everyone. Note A1 has their chips in their own hands now for fabrication. When / If Ben T does a review then we can see what is and isn't true here.

I really don't think this is a scam. In fact I waould go so far as to say I am sure it's not. What I remain to be convinced by is their ability to turn out a fully working machine with the chips, for the simple reason they haven't proven they can. I remain interested in the product but wait until I have at least seen a prototype before laying anything down on it.

Just spoke to Ry

Chips arrived at nTek today and are already on the way to the PCB builder in California which will receive them Monday!!

See photo links below

https://www.dropbox.com/s/qial9f82rwciv3p/Photo%20Jan%2031%2C%2010%2004%2014%20AM.jpg

And

https://www.dropbox.com/s/hh80qanjngu3h3p/Photo%20Jan%2031%2C%2010%2025%2012%20AM.jpg

He will ship the 1,6 TH/s miner monday? How can this no-name ship earler than knc, black arrow and bitmine?

No the chips are being sent from ntek to the PCB manufacture and they will receive them Monday.

It's also a 1.2 not 1.6 unless u overclock it at your own risk

Also those other company's are controlling the market if people don't get that yet. To keep the speeds slower so they can generate more bitcoins easier.

It's really that simple

So when is it supposed to ship?

My estimated guess would be 1.5  weeks

But they and we  won't know exact time frames until the manufacturing begins on Monday and boards start coming back to them for the assembly of the miners.

Hmmm..  If I buy a 1.2 TH miner this evening, will it be in the 1st batch??

Ask them it might be in the first batch depending on how many they sold. I know I bought 2 originally one but then I decided to get one more right off the bat and they told me it would be in the first batch as well

Plan for the worst case. Hope for the best case. Guessing 1.5 weeks is best case.

Greetings.  I was the third person to purchase one of these from "REVUP RENDER" / "Ntek" aka Ry.  I'll share with you my experience so far:

I consummated the transaction on January 8
My payment cleared on January 10th
I have not received anything as of Jan 31

Although I have not received anything yet, I suspect I will be (or I should be) the first customer to get the miner because Ry lives about 10 miles from me and he said he would bring it over or I will go pick it up.  I have spoken to Ry on the phone at least 6 times since my purchase, he always takes my call and has been a straight shooter (probably regrets giving me his personal #  ;D).  I can't recommend him YET, because I still have not received anything.  It is well past my 15 day timeline, but I have not canceled the transaction.  I understand what he is trying to do, and I am doing everything I can to make this deal go through.  He seems like an honest guy trying to capitalize on a great opportunity.  I'm still looking at waiting at least another week - I'm not really happy about it, but again, I'm trying to work with Ry on this.

I purchased with a credit card - Chase, and I have 90 days to file a dispute.  If this is fraud (which I don't believe it is) then I am 100% covered by Chase with no statue of limitations.  I have 90 days to dispute the charge for any other reason (i.e.  non-delivery, wrong product, yada yada yada).

I will be the first one to come on here and let you know how the transaction goes.  But so far Ry has been professional and transparent with me, and I appreciate that.  Maybe I will take him up on his offer to go see him in person.

Ry - I'll send you another email.  Maybe I can swing by and see you some time over the weekend?  I suspect you can show me some proof that will at least put to rest the "scammer" accusations.

Even if he is not a scammer, he still has to be able to deliver his product.  Only time will tell if he can do it.  Meanwhile, I'm covered by my credit card which gives me recourse (90 days like I said before). 

Regards,
Steve   

It's not an unrealistic time frame.: but we don't know yet guess depending on the board production/ship time.

That's y it's a best guess scenario

Monday manufacter gets chips and board assemply starts
3 days for that and over night so were looking at Friday the latest for them to get the boards back
Then they have to assemble everything. All other parts should be there by now or very soon..
Then test for 24 hours and ship.

They have to be close.

Also if anyone thinks they are scammers at this point why the hell would they have bought all these chips. Once the boards are made then what . They arnt going to waste a ton of money just to scam some people

They should of used there own photos,not told buyers there would be a 14 day waiting time frame when its looking lika 45days.
We only have your word ntek have the a1 chips.I WOULDNT ORDER UNTILL I COULD COLLECTION IN PERSON FOR CASH.I cant understand why you have no real info and to be honest your miner and pc looks more like and old school sound system.

We have enough A1 chips to build at least 7 more of nTek 1.2TH/s miners so yes if you place an order soon then it will still be in the first batch. 62 miners in the first batch but we will also be getting more chips in February.

On Monday when I go to the bank safety deposit box to get more A1 chips to FedEx to the PCB assembly facility, I would be happy to ask the bank manager to take a photo with me holding Monday's edition of the Washington post next to the trays of chips...so that there is no question anymore about us having the first 2,500 chip order.

I did not want to FedEx all of the chips at once to the PCB facility in California so I am sending them in batches as they need them for assembly. Figured it was more risky to send all in one box because there is always a chance the shipment could get lost. The rest of the chips are in anti-static bags locked safety away inside a safety deposit box at the local bank.

Bitmine actually sent about 2,633 chips because I am guessing there might be some failure rate as this is the very first production batch. This is also why we will be doing a 12 hour burn in bench test for each machine before shipping.

Hi Steve, normally I would be happy to have you stop by this weekend but I am visiting family for part of today and tomorrow so I will be unavailable. If you want to stop by our new office/warehouse location this week though then I would be more then happy to meet and show you the hardware we are assembling. I will also have a video by end of week or sooner showing the first production PCB's with A1 Coincraft chips installed in them by the end of the week. As long as there are no snow storms that effect shipping. Keeping my fingers crossed!!!;-)

Just let me know when you want to visit. After Tuesday would be best because we are in the process of moving into the new (larger) space and getting all of the component/parts boxes over there on Monday and Tuesday. I can be available in the evenings too if that is more convenient for you. Happy to work around your schedule to setup a time a time to meet.

Why do all 7 pages of this thread sound like a reverse new product announcement scam?

cause its always better to give someone benefit of the doubt esp. when the person is being honest from the beginning.

LOL....

HAHAHAHA.

Maybe because it is. Not a scam and they will ship a product. Remember Ry and Ntek didn't start the thread.

So someone has a product that is for sale?  is there a thread on btctalk about the product or is this page it?

Nope. This is it.

I'd recommend after a working product is ready and shipped and reported / evaluated then start a Ntek thread that is self-moderator by Ntek.

They need to rename their miner to something dubious-sounding just to confuse the hell out of us. Sasquatch^tm 1.2T anyone?

I don't know why these guys don't provide solid proof about the product they want to sell if they are serious, or why they refuse to be transparent. if I were them and I was serious, I'd allow in person payment and pickup, and show a video of who I am and our place of business along with the equipment I intend to sell...

What would constitute SOLID PROOF?

Where are they being less than TRANSPARENT?

Have you purchased one of these units?

If not wait for Ben T. to do a full evaluation of the unit and then you can buy one if it is legit you will see that soon enough.

You have been reading the replies from Ntek reps in this thread right?

I am all for pile on the scam artists that pop up but there seems to be more than enough evidence that the people at ntek exist have a storefront of sorts and real people operating this project. At some point you just have to wait and let them fall flat or prove it. This is where we are now. I don't see anything here that Ntek is trying cover up or make less than transparent. They have chips in hand. They have a fabricator. They are moving forward. Is it legit? No not until a miner is mining and people get their units. Is it likely a scam. No nothing in what they have said, posted or shown is remotely congruent with scam. In fact quite the opposite.

Any chance there are any working models yet?

Ok. it seems there is a delay again....... won't be shipped for another week or so...  ???

Did you hear something??

Last I heard was the boards were being assembled

spoke to them today wont be shipping until feb 17th

Anymore info then won't be shipping till the 17th such as actual progress last I heard the boards were being manufactured. Do u have anything else other than that

Note given the projects I have seen in the past and currently engaged in any PCB production / fabrication may take 3 days to as long as 2 weeks or more just to get all the parts for the boards.The actual fabrication, depending on the schedule of the fabrication company, should be very short possibly a single day at most a week for a production runs this small as Ntek has proposed.

Like I said above 1.5 weeks was really best case even when you have the ASICs in hand there are always a number of hoops. In my experience there are two reasons for this sort of delay. Someone else might already be using the fabrication line you need for your boards, or a few components can't found or are not in stock or it might be, however unlikely, a last minute redesign or upgraded bill of materials and gerbers in order to have a more stable design.

Even when you have everything in place there are always gremlins, delays at the plant so the 17th is pretty good if they can stick to that date. I wish you all the best hoping to see these units soon as well. We do need more builders and NTek might be a decent player in the marketplace if they can ship by the 17th. I would say even before the end of the Month in my opinion would be pretty decent given the time frames from start to end from Ntek's chip order being delivered last week to a finished miner.

There's a rather large Northern VA bitcoin community.  A couple meet up groups there.  I'm sure one of those guys knows about it if it's legit.  I live in VA, but never make it to the meet ups.  Too far.

anyone here anything  ???

Things are moving behind the scenes for now ;-)
The community will hear more soon...

The only info I have as of 3 days ago is... Boards were / are suppose to be at ntek today and expected ship date is the 17th...

Anymore news?

I would not be surprised that this company will not deliver by the 17th. They have nothing to show as of now. Do your own research but companies that are not completely transparent have something to hide. The only company close to having good communication imho is Cointerra and even they have had delay issues. I think it would be too risky to have your funds stuck waiting for hardware to arrive when it could be better deployed elsewhere. Antminer S1 from Bitmain are probably the best value at the moment.

I could fart out a better website in 10 minutes.

Can you fart out and deliver a better miner?

Anyone can "do" a better website... it is never about the website. Ever!

And the lousier the website, the better the technological product!

Why is this still being discussed as though it's legit?  ???

Because they are !

/me facepalms

Here is a recent photo of the nTek TH A1 Bitmine clone mining board with 10-chips

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-02-11_00.30.44_grande.jpg?330

Project is very real and we are in the process of optimizing Cgminer with the hardware.

Very nice!  Thanks for sharing the photo..

Hey would you be willing to make a 1.2THs Miner with my A1 Chips?  I will give you some extra as well for helping me out.


Thx

Oh snap pictures...

That is a certainly sexy.

LOL... got a mailing address? They might need some CGminer support.

Yes we should be able to help you out since you have chips, just need to make sure that your PCB's are marked so you get your exact chips but that should be easy to handle. Send a message through the Contact Us page on our website or send a private message so we can exchange emails.

Contact me if you would like to discuss. I am happy to help out DIY'ers who have A1 chips if the timing of the PCB assembly works out.

Creating your own driver based on a cgminer fork? Remember your best bet for prolonged support is to stay in line with the mainline cgminer code and get your code merged. Get the driver right to begin with instead of creating something unmaintainable long term.
See post:
https://bitcointalk.org/index.php?topic=28402.msg3804711#msg3804711

Let me doubt :
https://i.imgur.com/5cCOZth.png

https://i.imgur.com/Jmui6os.png

You're allowed to doubt.
As long as I see it for real today ...

Well, did you see it for real today?   Not sure what that transposed photo is supposed to show.  Blue stuff off a chopped image?

Analyze this!
http://imagizer.imageshack.us/v2/640x480q90/546/3k3m.jpg

 :D

Someone failed marketing class. Sometimes it's the best website that wins regardless of product quality.

He is here promoting ntek and getting the word out. You guys read between the lines.

1.2TH/s is worth $3 to $4000 based on monarch price. Knt is 3TH for $10.

That's the plan we intend to follow once we're happy with the code.

So I presume the target ship dates of Feb 14th-17th are being pushed out further?

ASICMiner 3rd gen pricing has been leaked in China, will be about $1800 per 1 TH/s. Due for delivery Apr 20th. Uses 600 watts. Both BFL and KNC deserve a kick in the balls for various reasons IMO, glad they are about to get one.

Pfft. You look happy.

Many a scam has had the best website. It is all about the product for miners. You got something that works and can ship today you can sell them all. The lesson endth here.

Gotta say I'm impressed. It's been over a month since I first ordered one of these and then cancelled the order and with the ASICminer news that's out with 1TH at $1800 I'm saddened to see the Walmart effect take place here. It had to happen though, AM was the first ASIC mining rig available and they had a pretty great head start. Anyways I hope that you guys all end up
getting your stuff going! I just bought a 30 day hosted free 180gh Ant for 1 btc that I bought for $600 so I'm happy until the next best thing comes. Plus I'm hashing from day one. I would have only caused an issue here had I went through with this miner as I cannot stand waiting past deadlines. Cheers!

That's an old bitmine rig board they had to throw away and redesign.
https://bitcointalk.org/index.php?topic=291141.msg5108467#msg5108467

https://picasaweb.google.com/117215199993238045647/12Februar2014Bitmine#5979632663814465746

Obviously nTek Computers does not want to show our latest designs to the forum just yet. This is an older PCB design that Ben is showing you. Please stand by to see our new design once we ship the miners. Will not be long...

Obviously.
But what was the point of showing us that old board?

What happened to our photo of the chips?


And then regarding the same image you say:


This is starting to look like a massive scam I just hope that i'm wrong

Yes you are wrong. Please just give us some time to present our latest designs. This is of course a very competitive space so we are not going to show the exact design of our miners until they are shipping.

No one is asking to see your designs, you posted the board claiming it was your own which wasn't true.

You offered to take pictures of the chips you have ordered which never happened.

You promised dispatch date of 17th Feb which hasn't happened


If this isn't a scam then you need to provide some level of proof, a simple picture with your companies name and the ASIC chips would be enough

I understand your concern. Here are some photos: http://ntekcomputers.com/blogs/news

We do not have the A1 chips we ordered in our office right now because they were shipped to the PCB builder in California several days ago. You can view the photos I took of the A1 Coincraft ASIC chips and clearly see they are sitting on the same drafting table in my office with the green cutting mat with white grid lines when I took those photos. Hope this helps set some minds at ease. We also have our new office address posted to the website now and welcome anyone to stop by for a visit.

I think one of the ultimate points is that you advertise a 14-day lead time +3-4 days shipping time, and it's now been over 30 days before you claim you will begin shipment

Calm down guys. They obviously are a bit too optimistic and need more time.
Anyone who has done PCB design, production, testing and sales know it is almost always taking more time than initially calculated.
It certainly is not a scam, I have visited nTek, so I know for sure.

Yes, and anyone who would like to visit our office in Alexandria, Virginia is welcome to stop by. Just need to know ahead of time so I can make sure that I am there at the time of visit. ;-)

For my case, i bought 1 ASIC miner 1.2 TH/s on the 23rd of January. I did not hear anything yet from ntek, but fair enough you are a bit late... No worries.
But living in Germany, I can't pass by your office... So could it be possible to have some expected delivery time for my machine ? Order is #1035.
Thank you !
Michel

Just realized, these guys are 2.4 miles from where I work.  It's a bit rich for my blood, though - seems like a lot for 1.2-1.6 TH/s.

@ twib2, can't you visit them one day to keep us informed of the state of the development of these very nice revolutionary machines !!!???!!

I just got an email from nTek saying they got delayed by one week, and will start deliver mine next week !
Great news ! Will keep you posted once i receive my machine !
Ciao

?
great news?

So if these guys deliver a 1TH miner before anyone else I am gonna be amazed.

http://www.blackarrowsoftware.com/store/prospero-x-3.html

At some point it's going to make sense to switch order to something like this - twice the hashing power at thousands of dollars less.  If you ordered this now, you would probably still come out ahead since you would:

1. Need to make up the cost difference
2. Be hashing twice as fast

1Th/s in March at $8000
2 Th/s in April at $6000

You would quickly make up for that month of not mining at 1 Th/s.

The basic premise not is to not pre-order anything. As it stands right now blackarrow is already doing to be late of their first orders with no announced shipping date. This will most likely push back all other orders.

How can you avoid pre-order?  I don't see anyone shipping literal 'in-stock' units.

If you want a machine that does over 1th youre out of luck. If you are ok with putting many machines together you can get 1th on like 10 Antminers for example that ship out when you pay. It is not as cost effective but in order to get a 1th product now or a 2th later its all the same. Its the long part of the investment you need to look at. I know that it wont produce a ton later on but they will still produce coins after you get your money back.

It only takes 5 antminers. It's by far the most cost effective miner.

I am rockin an antminer and getting 200GH with ease. It is a very cost effective miner considering timing and availability. Just be careful which reseller you get it from as they tend to charge high prices.

I might be able to get away sometime this week or next, no guarantees though.

How is something you bought for $600 free?

Also, I do not think you ever actually made any purchase with us. You may have placed an order but you did not actually pay for it.

To ntekcomputers:
Can you please tell us which order you deliver now (#???) so we can get an idea of our delivery time.
Thank you.

Because I bought a bitcoin at $15 which I have already made back in the first day of hashing. Also I did not actually buy it youre right. I won an auction on ebay with a 14 day promise of delivery back on January 7th and almost got strung along on this ride. I am glad I called bullshit and cancelled before the miner is not worth its weight. The next gen 28nm 950 watt 1 th are shipping on 3-14-14 for $5000 from a proven source. I hope you get these going but man ole man I wish you woulda got them done somewhere in line with the original dates because the poor guys that are being strung along still at $8500 are not going to be happy when 1 PH of new miners get delivered before they even see a satoshi from mining on the cherry piee 1Th miner. Sorry bud but this race is fast and it has to be NOW. That is exactly why I cancelled because I knew it wasnt going to be 14 days...which is like 6 months in the bitcoin world. Good luck though I truly wish the best for you, I just dont agree with stringing people along. Whether its legit or not.


Here is a link to the miner if you want to just order these at $5000 and sell them at $8500

http://www.aliexpress.com/item/1TH-S-asic-bitcoin-miner-28nm-bitcoin-mining-machine-28nm-bitcoin-miner-pre-order-now-ship/1656827530.html

That is not the miner we are building in any shape or form. I am beginning to think that you must be working for or somehow associated with another mining hardware company. Look at the previous posts and you will clearly see that we are building our miners based on Bitmine A1 Coincraft 28nm chips.

The link you posted is a scam and we have nothing to do with them.


Listen I am not here to argue. I am just sayin..I am glad I jumped out and I am not sure if that link is a scam or not but the company producing that miner is a proven company named Avalon and they are ready to ship in a few weeks for $5000...I just said you can stop building them and just order these for the people who have already paid.? You still make 3-4k if you buy in bulk..these guys are gonna make the miners ..anyways i am bowing out now to watch this from afar..good talk...see ya out there! :-X

 :)
Someone has already received the first batch?
Some news?
I am interested in buying...

Thank you.

We have a limited number of units left to sell from the first batch.

Opened up PayPal as an option to use during checkout!

Thank you for giving us that option, unfortunately, I have been scammed via paypal once. Could you answer the question from mdekerever?

Re: ntek 1.2th/s miner?
February 20, 2014, 08:03:44 PM
Reply with quote  #203
To ntekcomputers:
Can you please tell us which order you deliver now (#???) so we can get an idea of our delivery time.
Thank you.

Ntekcomputers, Any update on delivery ???
Already late 2 weeks vs schedule.
Thank you to tell us where you stand .

Still waiting..

1.2TH for $8500 is very expensive unless they are in stock and shipping immediately in which case a premium could be applied I guess? It is now clear that these are also a pre-order scenario and are somewhere between  15-50% more expensive than the existing pre-orders unless I have missed something?

Perhaps they purchased cases, psu, chips and pretty much everything else they need from Bitmine and then add $2k on the price tag?

As a seasoned financial and commodities markets trader and broker where my reputation is my all, I must say that the way the Asic businesses are run seems bizarre. Over promise and under deliver ad nauseum. Here in London you would be toast very quickly - quite simply no one would do business with you.....

Prove me wrong...? :)

J

Do you think the link I showed a few days ago is still a scam?? Here is the proof that the $4500 1TH miner does exist, is shipping and works just fine as verified by many members here.



https://bitcointalk.org/index.php?topic=485497.0

Watch it get delayed 1 more month and you'll NEVER see the light of ROI :)

How are these miners doing?

Not sure 

Unfortunately I think they're not a go.

it does exist, in fact its existence creates a lot of controversy in the link you gave us :)

who really cares if they are delayed i mean every other company has been delayed, as long as they come through in a reasonable amount of time that is, good things come to those who wait so lets have some hope here folks ok  8)

LoL if you paid 8500$ for miner you would care glad I didnt at this point...

I'm not sure if these will ever exist:( sadly

We are updating our customers directly and when we ship (very soon) we will create an official support thread.

Are you going to compensate your customers?  They were supposed to get the unit in January.  With the price of over $8k a unit for 1 TH/s, it is way over priced.

Yeah the new Avalon miners are pretty much allready available for like 4200$ - 5000$ .....

Not Avalon but Coincraft A1.

Almost time to get refund?Or lawyer?

We will! When? Its been 3 months. Long enough to call it a scam..like I have from day 1.

It's not a scam. It's obvious that they are having problems bringing to board to live and probably going to a cycle of redesign, testrun production, testing and finding more issues. Almost everyone is or has been struggling with the A1, even Bitmine themselves.

I know what you think, they should say so.
Just realise that not everyone is as open and forthcoming as you would like them to be.
Do you like to admit that you have been too optimistic and made a mistake in your planning ?

Very close to admitting i made mistake wish someone would prove me wrong!

I suggest to next time take the blue pill.

I am not hiding, don't have to.
Another blue pill might help.

Maybe three blue pills will solve your issues, stay away from the red pills.

You can call Ry or email him directly. He isn't running away from his obligations. If you are really looking for a resolution / refund that is where you need to focus your energy. Threatening Ben regarding a purchase of Ntek equipment seems pretty off base considering he isn't employed by Ntek.

If you have not been UPDATED directly by Ntek then you need to contact them. If I read this post above it says clearly they will contact CUSTOMERS directly.

Whats someone doing spending 32k from jail?

When i email Ry, he responds. Try speaking nicely.

The best course of action is to compensate buyers who bought in January and February.  On your website you said you will ship the machine 14 days after payments.

Well, it has been 50 days after payments were received by you.  The machine is worth half of what it used to be in January or February.

IM VERY SORRY FOR ACTING LIKE A FOOL VERY VERY SORRY JUST WAS GETTING WORRIED THIS IS A SCAM and still not sure but I'm trying to keep faith and be patient but going on two months and no progress is stressing me out just like to be updated abit thats all but shouldn't have done that and i an sorry hope you prove me wrong cause i got more money to invest and thought RY was the man still hope he is I JUST WANT MY MINERS

I am ordered from petaxminer.com and also afraid that miners never comes. But we will see, I paid today. :/

Steve, have you been checking your email???

I sent updates to everyone through email and also included photos of the progress. From the sounds of it you have not seen these emails for some reason. Right now we are very busy working hard to get the miners ready to ship as quickly as possible so email is the main form of communication for us to update customers.

From their "News"

News

21. February 2014
  - After long research and producing, we have opened orders to our first ASIC mining mashines. All series is ready!

Sorry, but i think you´re fucked.  :-\

Petaxminer.com looks like a scam since there is no 28nm ASIC chip technology on the market that can do 2.7TH/s right now.

The 1TH/s miner you posted a link to has been confirmed to be fake A1 Coincraft ASIC based miner produced illegally in China. They are being sold on the black market in China illegally and without Bitmine's permission: http://bitmine.ch/?p=5178

IF YOU PURCHASE THIS MINER THEN YOU ARE PURCHASING COUNTERFEIT HARDWARE AND IN MOST Countries that is considered illegal. Just trying to warn people because we have spent a lot of money on genuine A1 Coincraft chips that we purchased directly from Bitmine at the end of January and we know how much they cost. There is NO WAY that the ones being sold in China for around $4000/miner are legit.

There is no guarantee that those chips will perform to Bitmine's standards and they are definitely NOT real A1 ASIC chips. Check the price on Bitmine's website yourself for purchasing 500 chips. Their pricing is $43,750 for 500 chips which comes out to be $87.50/chip

How can people in China afford to sell 1TH/s Bitmine A1 Coincraft based miners with 40 chips per miner running between 25-30GH/s per chip for only $4,200? The 40 chips alone cost $3,500 (40*$87.50=$3,500)

This $3,500 bulk purchase cost of the 40 A1's from Bitmine does not include the cost of making PCB's, cases, PSU's, cooling, Raspberry Pi, etc...

The math does not add up so I would be VERY CAREFUL of buying those illegally produced A1 chips that are likely to not give good performance. I bought cheap Avalon Gen2 cloned ASIC chips in the past and those miners run very inconsistently.

Here are some photos taken last week of the new updated nTek 10-chip A1 28nm ASIC Hashing Unit Board along with the Main Board and Power Backplane Board.

We are in the process of fabricating a large number of the Hashing Unit Boards for production.

http://cdn.shopify.com/s/files/1/0287/7008/files/IMG_4195_large.jpg?331

http://cdn.shopify.com/s/files/1/0287/7008/files/IMG_2155_large.jpg?332

Wishing you luck and a speedy shipping!

Solid update there.

Can't wait to see a support thread in the Custom Hardware section.

Quite amusing really, being as coincraft got started by cloning a Chinese chip

They didn't clone the chip. They bought them and built the cloned miners if I am not mistaken. Big difference.

Even if they're cloned or stolen or whatever they are I'm not sure that really matters. The fact that they're now dropped to $2999 and that's cheap! The fact is that this market is moving so fast and cheap it's going to break a lot of people's wallets. I am happy for Ntek and their miner and I hope it mines away, but I truly think that the price is going to need reducing soon if they hope to sell many. The Chinese clones or whatever they are, are mining away as seen by many peoples posts here so I know they're real. Hopefully all of the current Ntek customers can get a good roi with these. I gotta say when they are actually shipped I will be surprised they pulled this off in a small time.

There is a big difference between what Bitmine did when they bought Avalon chips and made cloned miners. Avalon is an open sourced chip. The A1 Coincraft is not an open source chip so any unauthorized versions of those chips are illegal. This means those people are purchasing stolen Intellectual Property. This is like purchasing a fake iPhone or even similar to purchasing bootlegged DVD's. In most countries it is illegal to sell and buy counterfeit products of any kind. This is all I was saying before. Regardless if the fake A1 chips work or not they are still stolen and not authorized by Bitmine who is the sole owner of the Intellectual Property for their chips.

To say that Bitmine started by selling cloned Avalon miners is comparable to others cloning and selling A1 chips is like saying someone who is selling Linux based computers is the same as someone selling counterfeit Microsoft Windows based computers. One is illegal and one is not based on the structure of the licensing for those products.

It makes a very big difference. If you purchase illegally sold unlicensed products then you are not only supporting the sale of stolen goods but you are also committing a crime by receiving stolen property. It may not be illegal in China but if you are receiving those items in the United States or most other countries then it is certainly a crime. All of these counterfeit A1 based miners on eBay for example are violating the rules of listing items on eBay and I am sure they will be removed very soon.

"The fact that they're now dropped to $2999 and that's cheap!" This proves that those miners are 100% using counterfeit "illegal" ASIC chips because 40 A1 chips cost about $3200 even at the bulk discount rate when you purchase 500 chips at around $43,000 from Bitmine's website. There is no other possibility. They are not original A1 chips. No way.

Who says the chips are stolen or cloned or counterfeit? Even Bitmine have withdrawn their veiled allegations regarding this matter from open debate.

Unfortunately it looks more like you have been misled by Giorgio, Bitmine don't own the IP on the chip, they paid for Insilicon's IP and ASIC. They have been stringing you all along for months, then ripped off most of their pre-pay miner customers by not delivering and promising a completely false CPP, and then in a last ditch effort to keep the money flowing in ripped off all their chip customers by charging 2-3X the cost they paid for the chips from Insilicon.

Apparently Bitmines PCB designs were so bad, that one of the Chinese companies had to show them how to make a PCB that worked.

You guys should be very careful about throwing around accusations until the legality of the situation is actually resolved, and trying to scare potential customers away from competitors by scaremongering guess work is just low.

Wow..Strong as death..I guess ignorance in a situation is not good. Know your stuff is the message I get from this.

"Designed from scratch, Bitmine’s Coincraft A1 is a third generation Bitcoin Mining IC developed by Bitmine..." -from Bitmine's website http://bitmine.ch/?page_id=863

ALSO: http://bitmine.ch/?p=5178  "WARNING about counterfeit, scam or lower grade A1 ASICs from unauthorized distributors"

To bad you can't add extra board or get your ntek miners to run at 1.5-2.0 Th/s at least for the people that paid 8500$ pre order and are still waiting . I've allready been running 1.3 Th/s with antminers for 2 weeks and paid for my bitcoin when it was at 500$ .. It's all about the hashing power when you get it. The 1.2 th/s isn't going to do much good if you get it 3 weeks from now and need to make back 8500$ worth of bitcoin ... I would of Pre-ordered a ntek miner befor i got the antminers but you had allready missed your 14 day build time on a bunch of orders !! Why dont you take that bull shit down on your website!! You advertise a 14 day build time just to sucker people and thats fucked up !! Your pretty much a scam if you can't keep your word!! Misleading buyers is fucked up and I feel sorry for anyone that didnt get there money back befor the 30 days ran out ........

Any update or the timing of delivery ?

Yes, we will be sending out updates and photos/videos today and tomorrow. Please be sure to check your email if you are a customer.

First off, I usually do not respond to messages with foul language like yours. There really is no reason to speak like that. However, I want to make a few things clear; we are not taking down the shipping timeframe of 14-days because as of right now that is accurate. I will admit that we were originally over optimistic with our plans in January. We had some issues with the development of the PCB design as many others did with the A1 chips. Most of those issues were actually not our fault and related to third parties, but we are still responsible. For this reason we have given a refund to any customers that have asked. It is getting very old to hear people keep accusing of us being a scam when we have been working around the clock to design and produce one of the most advanced miners in existence in 2-1/2 months from start to finish. If we were a scam then we would have taken Bitcoin only as payment, like every other mining hardware company out there and then not give refunds. We are not holding any information back from customers and have been giving regular updates and like I said we have given several refunds to customers that were not comfortable with waiting.

For the customers that have waited, we are working on an option to help them get their ROI back. An announcement will be made over the next week with further details. We are really doing everything we can to deliver an amazing product and to not just be like other bitcoin mining companies. These miners are very complex though and we did hit delays but we are now past those and have moved into full production mode. Going forward now that we have a working Hashing Unit PCB design we do not expect any more delays. We have setup a pipeline with local vendors for manufacturing everything except the PCB's. For the Printed Circuit Boards we have moved production over to a PCB builder in China with a very good history of producing high quality mining boards based on Avalon and Bitfury. This has reduced the cost of the PCB production by 1/3 or more and will allow us to lower prices for upgrade modules and future sales.

Updated photos, videos and a full review by a "Hero Member" from Bitcointalk will follow soon...

That sounds so good Ry.Still keeping faith your the man,u do know ur stuff and I'm sticking with you all the way.

That sounds good but if you say it's impossible to build this miner so cheap then why had bitmaintech been able to build a obviously real miner for $3899?

Thanks Steve, we are working hard.

Here are some photos of the inside of the case. Hope others like the craftsmanship we put into this design. We have been working 7 days a week for many weeks now with some aerospace grade machinists locally to get all the parts ready for the full batch of PCB's.

The design is truly one of a kind and now has "Patent Pending" status.

http://ntekcomputers.com/blogs/news/12885165-some-sneak-peak-photos-of-our-unique-miner-case-design-patent-pending

I did not say it was impossible to build our miners for any specific amount. I said it is impossible that the A1 TH/s miners coming out of China are made with genuine A1 chips because they are selling them too low in comparison to how much the A1 chips actually cost.

We are constantly working to refine our manufacturing process to be able to reduce pricing. *edit: but the one thing we cannot do is reduce the price of the A1 Coincraft chips.

Thank you for giving us options to refund or compensate us.  The price of $8500 per 1TH is way over priced and we will never get our money back.  We bought this 2 months ago and it was your fault for advertising 14 days after payment received you will ship.

Glad to see a neat prism based heat sink array... very innovative.

Please contact Ry to see how is his progress 617-245-0844

Bad news.  They won't return your money.

Hello gallery2000,

If you are a customer then please email us directly so we can help you.

We have refunded several customers and have not refused a refund to anyone so that makes your statement above untrue.

It is not just a simple matter though, we need to look if you purchased through eBay or directly from our website because eBay has a different refund procedure. Regardless though we have not refused to refund anyone and have spent a lot of time working with customers, eBay/PayPal, and the Credit Card Merchant processing clearing house as well regarding requested refunds.

For us to be able to help you though we need to discuss this with you in private as we cannot talk about personal credit card or account info on the forum.

again "gallery2000" you responded to my private message on the forum here and did not tell me your name or email associated with the order you are asking for a refund on. There is absolutely no way for me to know which order is yours. NOTE TO EVERYONE else. Please use our official "Contact Us" form on the ntekcomputers.com website for any requests as we cannot keep track of Bitcointalk.org forum usernames along with purchases. We are more than happy to help and you can ask anyone who has contacted us via email or phone and they will tell you that we always get back to everyone. Even if we take 1-2 days to respond (usually much faster) we will get back to you. Please be patient and understand we are not ignoring anyone at all but rather just busy in the production shop managing several parts of such a complex project as this.

Hope you can understand. Our focus is to get all the miners built so just asking for people to help make things less confusing by making all important communication related to orders placed, through email so we can have a record of the conversation to be sure we followed up. Otherwise it gets too confusion to know if we responded on the forum or elsewhere.

Thank you!

Ry Bruscoe

I just called you and private message you.  I am one of the January buyers.  My credit card company is charging me high interest rates and I need the mining machines to make money to pay that.  I tried to call many times but your phone is always busy or it went straight to voicemail which were full most of the time.  

Your phone number is on the credit card.  Please help me refund the money so I don't have to pay too much interest.

Hi again! Missed your call and I am not sure who you are still. Sent you a response to your private message so please confirm your phone number so I can call you back. We have multiple people working on the engineering / building of the miners but I am primarily linked to managing the operation. This means I am constantly on the phone confirming shipments of parts and PCB manufacturing etc...

Thank you for letting me know about the voicemail issue. I am checking on this now. Will be calling you back now regardless because either way you must be one of the two recent missed calls on my direct office line number.

I am always happy to take calls and I have been open about giving my direct number because I know how hard it is to get a hold of anyone at other mining hardware companies. However as I mentioned I am constantly on calls to vendors etc...

To get the fastest response we have a main number on the website which is 703-838-6079 or toll free 855-214-2228

anytime anyone calls either of those two numbers and leaves a message, that message directly goes to myself our our VP of Sales and customer service. This way one of us can get back to you much faster. Whoever is free first. There are several ways to get in touch with us email, or phone. However, as I said before it is best to email us because the "Contact Us" form on the website goes to multiple people and we can easily keep track of who we responded to and when.

I called 703-838-6079 and there's lady on the phone that sounds like she has pneumonia.  "Thank you for calling Ntekcomputer, The New world of infinite computing.  For sale press 1 for tech support press 2"

I pressed 1 and another lady sounds like she has constipation said, "Hi, you reached the personal assistant for sale.  Sale is not available at the moment, sending you to voicemail."  I tried that for option number two and the same thing happened.

Has anyone heard anything lately?

I've sent Ry two emails since Sunday and one to David and nothing...

Right about now I expect they are struggling to get 1600GH out of 40 A1 chips and their power/heat calculations went out the window.  ;)

haha. 8500USD, we can give you 2pcs 1.1T

I requested my money back too.  Nobody returned my call.  I am also a 3 months faithful customer.  Please just return my money.  I am not charging you interest so be grateful.

  Sorry about that really foul language lol !!! When You scam people for thousands of dollars you might get some foul language heading your way at the vary least !!! Not only that if you had my 25 grand and ignored my request for refunds I would be hunting you down and spend any amount of resources needed to find you!! Your word is worth nothing and you are full of lies and excuses!! Here is a direct quote from your website at Ntek !!!
  """" SHIPPING: READ FIRST BEFORE BUYING: There is a 14 day processing/build time on for this item. As soon as the system is ready it will be shipped to you either via DHL or FedEx Express shipping 3-4 day service. If the system is ready sooner then we will get it to you as soon as possible. BE SURE to understand this process and be okay with waiting currently 14 days+shipping time to get this miner."""""
    So 4 months later and you still have the same lies on your website!! Take that shit down now !! You have allready failed everyone that has tryed to support you!! There is no way your going to be able to be succesfull with your kind of ethics and business practice!! 1 Th/s miner is not worth 8500$ I dont care what kind of chips you have in it !! Maybe worth 5000$ at max and only if you could really ship today!!

If you are a customer then please simply email us or send a PM to let us know the name or email associated with the order. I wrote back to you several times this week but each time you refused to let me help you by not giving any kind of reference to your order. How do we know you are a really a customer?

Just to state a fact...most of the orders were placed around the end of January. This makes it two months or less from the time the orders were placed for most customers.

It is all unfolding now. I am not gonna say I told you so...but

Here is a photos of the original PCB design we shared in February:

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-02-08_13.30.03_grande.jpg?330


Now here is the photos shown recently of the new PCB design:

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-03-18_02.00.20_grande.jpg?351

You can clearly see the amount of work put into this project in such a short amount of time.

Will be posting more updates soon.

Hi,

I called and left a message and emailed to info@ntekcomputers.com .  Please check your voice mail because I left a message two days ago.  You have to check your voicemail to hear my voice.

Congratulations on the progress.  A day the miner is still in your house is a day I don't have a miner.

Yes I understand this because we are not mining at all either until we get the full production PCB's back from the manufacturer.

Gallery2000 please contact us so we can discuss. I still do not know which order # to associate to you. Can you please post your order number so I can best help you! ;-) Thanks! -Ry

This is not true at all. I have checked all voicemails and there was no message from you and no email. If you are really a customer then post your order number here so I can confirm if you are a customer. Otherwise please stop trolling for other mining hardware companies!

I am very frustrated.  You don't even receive my email and voicemail?  I think your company needs a live person (not some voice generated message taker) to take the calls and check emails.  Contacting your company is like SETI finding aliens.  Anybody listening out there?  My order numbers are 1032 and 1047

gallery2000, okay thank you for providing your two order numbers. I am sending you an email now.

I can tell you one thing, if you want to have any chance of reaching that 1600GH (I think 1200GH will be a stretch) you'll need to plan for large heatsinks on both sides of those chips! I see the Chinese Dragon miners finally figured out it's a 30/70 chip package and broke their 25GH/chip barrier. ;)

Me too.  Go Ry!

Me also hope Ry can come through

I am so glad I didnt order this. I am now hashing away at 2.2 TH and I only spent $7800 for that..thanks to dragon miner in china:) Good luck guys! I hope you guys can recoup some of the lost coins.

NO WORD ALL WEEK ANYBUDDY HEAR FROM RY OR DID HE DISAPPEAR?

How's that 14 day order time going? That's a lie! You should remove that from the website. It tricks ppl into thinking they'll get a miner with 14 days. I'm ordering from 3000 miles away and getting 28nm technology in 2-3 days..why can't you provide it within 14 days? I am thinking that when the lawsuits come it's gonna be a battle. Sorry but this bitcoin world is not to keen on liars. I mean liar in the best sense of the word. You are blatantly lying on your website. You know it will take longer than 14 days because you have never, ever provided a 14 day turnaround on a 1 TH bitcoin miner!

So, the gist is they claim a 14 day wait on their site. No one who's ordered has received anything and some people had had issues getting refunds.

No one has been given a shipping date and if you had ordered from anyone else you'd have a miner by now. So this is either a scam or a poorly run operation.

Nice.

the speed is amazing

the waiting time is also amazing

Another week gone by,not much happening

Not even an april fools joke?That must be a good sign?

Has  anyone asked for and received a refund from nTek Computers?

I asked for a refund but have not heard back from them.  I think the council is on vacation or something.

I think everyone should purchase the cheap Chinese miners, because when those puppies burn out the difficulty level will drop tremendously.............

Haha! Right! Are you buying one of those super american made mythical Ntek miners?

Let me guess, your the owner of that Chinese made garbage?  Look through the threads, many customers of the NEW S2 ant miners are complaining of issues already regarding poor design and defects.  You'll also find complaints regarding faulty boards and poor components in the LKETC miners (aka DragonMiner).  Yes they are cheap and yes they are hashing away at this moment but I give each one of these miners a 2-3 month lifespan at the most.     

Let me guess you're not the owner of an all American made miner? I can tell you this..almost all of the first asic miners came from china over a year ago and they're still hashing away. Avalon, ASICminer, and almost all of the chips for most other mining companies come from china. I agree it would be nice to support our great USA, but I'm not sure there is a reliable miner producer here? As far as the maker of the the miner mentioned in this thread..well they haven't produced a miner yet for the orders and even when/if they do it'll be made with chips from some far off land. So I'm not sure what you have against Chinese miners, but for the money I can buy 3th compared to the 1 supposed TH here.

Copy of email sent to customers as an update on April 5, 2014

Hello,

First off please excuse me for not sending out an updated newsletter recently. We have been keeping very busy working to get the nTek miners ready as quickly as we can. I have been spending a lot of time doing my best to be as responsive as possible to any customers who directly contacted us with questions. However, I feel it is important to send out this group message to make sure anyone who has not been in contact will know the latest status.

We have really great news; this past week, through some colleagues in the supercomputing community we have been able to get the help of Troy Benjegerdes http://bitspjoule.org/troy/resume.html
Troy worked at Cray and IBM and was introduced to us as the best of the best at firmware related to processors. He even wrote the first Linux firmware for the PowerPC cpu from IBM. This last week while Troy was working with us we were able to find a design issue on the Hashing PCB. This means we can correct it still since the PCB's are in the process of production but luckily it was not too late to pause production at the factory just for a short time while Troy our team debug and then thoroughly test the optimization. The key part we learned from this is that we are confident that we will be able to push the A1 Coincraft ASICchips much further with more hashing power.

In combination with our unique patent pending heatsink and cooling design I am excited to see what the full production systems will be able to do!
All along the way since we started on this project we have strived to make sure we will ship a top quality product. We have had our fair share of delays but we are now very close to having our own 10-chip A1 ASIC hashing board design that after all this hard work and time will be well worth it. No one else on the market has a 10-chip A1 based design and even more importantly no one has spent the kind of time and effort required to properly cool the A1 chips.

Please see the attached photos showing the latest design of the Patent Pending nTek ASIC cooling heatsink assembly. In March we experimented with using 3M high quality thermal pad material but even that was not something we felt comfortable using to get the best performance. Instead we sent the heatsink assemblies across town to a metal plater for a high quality anodized finish. With this high quality aluminum and the anodized finish we experimented with several heating and cooling tests and found that having less barrier between the perfectly flat bottom of the PCB and the heatsink helps transfer the heat much better. The anodized finish is non-conductive as well which is very important to reduce EF interference or shorting with the board.

IMPORTANT: ROI Compensation Agreement:    LINK TO ROI AGREEMENT https://drive.google.com/file/d/0B6KRhsHRUZToRURDaTNJbXo1Qm8/edit?usp=sharing
Please see the attached ROI agreement. I understand better than anyone how difficult these delays have been with the rise in the mining difficulty and the strange things that have happened in the Bitcoin industry so far this year. I want to make one thing perfectly clear; nTek has not been mining either and we had planned on keeping just a few extra miners ourselves from this first batch. There has been some confusion because the ROI agreement states that we will compensate customers from an nTek mining cloud. That mining cloud does not exist yet and will only be built from the next batch of miners. We are not a gigantic mining hardware company like KnC or BFL's and we are not going to build a pool that would in any way compete with customers mining themselves. That would just simply not be possible because the size of the Bitcoin mining network is way to large.

We are striving to go above and beyond other mining hardware companies and that is why we are giving the attached agreement with a plan to compensate you for the lost Bitcoin from the time you expected to get your miner(s). In fact you will be getting more Bitcoin in the end because we are covering the electricity cost in the mining used for this compensation. Please carefully read the agreement and do not hesitate to ask any questions if any of the terms are unclear. We are open to taking suggestions on how to refine the final version that will be distributed to all customers.
In addition if you did purchase a miner originally and already received a refund we are making a one time offer right now to be fair and allow you to take advantage of the ROI agreement if you would like to re-purchase the miner(s) you got refunded for already. The re-purchase will have to be at the same price you originally paid because the compensation for the Bitcoin from LMT (lost mining time) will be a more than fair option when you do the math. Let me know if you would like me to send the calculation based on the original date of your order.

Response to TH/s Miners Flooding Market from China:
Many people have asked or mentioned in the forum about why our prices are higher than the TH/s miners coming out of China that are using questionable A1 chips. We happened to come across some very interesting information while working with a reputable PCB manufacturer in China who does a lot of work for large American electronics companies. The cheap Chinese miners that have recently flooded the market are using very low quality refurbished parts. They almost certainly are using DC/DC converter components that are not genuine and will burn out after not that long. This could even cause the difficulty rate that jumped so much recently to drop when those cheap miners start burning out. We learned about how these cheap DC converter components over in China are refurbished with bad IC (integrated circuitry) because some vendors over there tried to sell us the same kind of parts for 1/5 the cost of the genuine parts. We made the decision to only use genuine Linear Technologies parts http://www.linear.com/ while the same kind of part is sold in China for much less for a reason. Even some name brand Graphics Cards (GPU's) on the market have been known to have DC converter parts burn out very quickly and it is safe to say they are also cutting corners and playing a numbers game. Those big GPU companies are happy if they sell 50,000 GPU's and only 1,000 of them burn out.

Asking ourselves WWSJD (What would Steve Jobs do?) we know companies like Apple would only buy top quality genuine parts. As the founder of RevUp Render, Inc. and nTek Computers I would be extremely happy if someday we could have a long term reputation similar at all to Apple. This is why we are asking right now, what is the right thing to do and what will people remember several years from now when they look back at what BFL's, KnC and these other companies. My hope is that they remember that we are doing the right thing for our early customers and not excepting to deliver a sub par product just to save money right now.

If it means we have to do something that some people have said I am crazy to offer to the early customers but it allows you to see that we are in fact different; then I am happy to present this ROI agreement to you. I hope it sets a new standard in the mining hardware industry later on.
Lastly, I know it is not right to say the miners will begin shipping next week once again because I said that last time. I honestly did think our board design was completely ready. We have been fortunate to get someone with the kind of experience that Troy Benjegerdes has on our team. The fact that we caught the PCB layout design changes that will take a short amount of time to fix now but save much more time later on. Hashing power is time and the more we can squeeze out of each A1 chip later on by having the PCB layout perfect simply means that Troy will be able to optimize the firmware for the A1 chips and push it further.
 
I know you all want to just know the exact shipping date now. Please give us until next week to continue to flesh out the bench testing so Troy and the rest of the team can figure out the best design change to improve the power flow across the board. Since we are working with the top of the line PCB factory in China and not the same kind of place over there that the cheap TH/s miners are coming out of, we are already ready to continue production. Things will move very fast once we confirm the design and I promise to give an update early next week and through the week as we get closer.
 
This is a long email update, but I missed the recent ones so I am packing a lot of information into this message. I greatly appreciate your time to read through our progress and updates and I am happy to answer any questions or concerns you have.
Sincerely,

Ry
---
nTek Computers

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-03-26_15.37.24_grande.jpg?352

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-03-26_15.37.22_large.jpg?353

http://cdn.shopify.com/s/files/1/0287/7008/files/2014-03-26_15.37.17_large.jpg?354

There is nothing wrong with products made in China. In fact I will admit that some of the manufacturing factories in China especially for PCB's run a much tighter ship than PCB builders in the USA. We even tried to work with a PCB builder in California from the start but found ourselves having problems with them that caused mistakes and lost time.

As everyone knows iPhones and the rest of Apple's amazing products are all manufactured in China. Headstrong97 was not trying to make the "American made vs. China." I think we all know that is an old misnomer from the 90's when many adults in America made a big stink over only buying American made cars. We all know that German and Japanese cars last much longer than many of the cheaper GM and Ford cars for example.

I think what Headstrong97 was just saying is you can buy cheap products anywhere and you can buy quality products anywhere too. There are cheap TH/s miners coming out of China and I am sure there are good ones too made with better parts.

The only thing that really matters is the quality. It is not comparing apples to oranges to say a $3000 miners is the same as one made with much higher quality parts that cost $6500 or more.

You have to ask yourself if something cost one company several thousands more to build then how is that other company selling supposedly the same thing for so much less? Some people want to buy a product that is well made and using only the best components from known reputable parts distributors and others want a product that feels like they are buying an Apple Macbook. If you do not care if the miner will get extremely hot, be super loud, and most likely never get over 1.1TH/s then I am sure the cheap version will make you happy.

However if you want something that is much more likely to get to its peak hashing potential. Has some really talented software and hardware engineers behind it to provide support etc...

Also please stay tuned to what we will be able to offer once we get our first batch of nTek miners delivered. Because we took the time to really work out an amazing cooling system we are much more likely to be able to reach the peak potential of the A1 chips.

I worded that wrong, no not eveything that is manafactured in China is cheap garbage because like what Ry said alot of name brand top quality electronics are produced there.  And yes the Avalons and AsicMiners (the originals, not knockoffs) are good quality miners but these new generation 28nm miners are being rushed out to the large empty gap in the miner industry by skipping quality control practices and using cheap refurbished components to cut costs.  So naturally they are taking the market by storm with being readily available and at a cheaper price but what you are getting is a cheap product(you get what you pay for) whose cheap components will most likely burnout on you.   

Can't wait to see these things hash over the A1 standard are there in the wild yet nTek or some vids on it going over the base rate?
Posted from Bitcointa.lk - #xu7xaJScTFLa6Es8

Copy of email sent to customers as an update on April 11, 2014



Hello,


A few people have asked for me to calculate out the amount of Bitcoin they will end up getting through the nTek ROI agreement for each day the miners are delayed.

Please use this simple spread sheet to calculate the ROI compensation for your two order dates:
https://docs.google.com/spreadsheet/ccc?key=0AqKRhsHRUZTodE4tSWctSWlya0huZ01iQmZlbmdtVlE&usp=sharing

Also I am calculating it for you here AS AN EXAMPLE of an order that was placed on January 30th, so you can see exactly how the calculations work. Please fee free to make a copy of the spreadsheet above from Google Drive and use it to track the BTC ROI for your exact order date.

Order # 1075: placed Jan 30, 5:04pm  8.36079989 Bitcoin from Jan 30 through April 11   (NOTE: if you want me to calculate out the ROI for you then please send me a request through email)

NOTE: Please See Google Doc above as the formatting of this chart is a bit strange when pasted in without highlighted cells.

1/30/2014   2621404453   0.23021546      MOVE THIS BLOCK UP/DOWN BASED ON ORDER DATE   
1/31/2014   2621404453   0.23021546      14   
2/1/2014   2621404453   0.23021546         
2/2/2014   2621404453   0.23021546      Days   
2/3/2014   2621404453   0.23021546         
2/4/2014   2621404453   0.23021546      plus   
2/5/2014   3129573175   0.19283391         
2/6/2014   3129573175   0.19283391      3-days   
2/7/2014   3129573175   0.19283391         
2/8/2014   3129573175   0.19283391      S+H   
2/9/2014   3129573175   0.19283391         
2/10/2014   3129573175   0.19283391         
2/11/2014   3129573175   0.19283391         
2/12/2014   3129573175   0.19283391         
2/13/2014   3129573175   0.19283391      17 days total   
2/14/2014   3129573175   0.19283391         
2/15/2014   3129573175   0.19283391         
2/15/2014   3129573175   0.19283391         
2/16/2014   3129573175   0.19283391   <-------------------------   MOVE THIS BLOCK UP/DOWN BASED ON ORDER DATE   Start calculating on this day!
2/17/2014   3129573175   0.19283391         
2/18/2014   3129573175   0.19283391         
2/19/2014   3129573175   0.19283391         
2/20/2014   3129573175   0.19283391         
2/21/2014   3129573175   0.19283391         
2/22/2014   3129573175   0.19283391         
2/23/2014   3129573175   0.19283391         
2/24/2014   3129573175   0.19283391         
2/25/2014   3129573175   0.19283391         
2/26/2014   3129573175   0.19283391         
2/27/2014   3129573175   0.19283391         
2/28/2014   3129573175   0.19283391         
3/1/2014   3815723799   0.15815815         
3/2/2014   3815723799   0.15815815         
3/3/2014   3815723799   0.15815815         
3/4/2014   3815723799   0.15815815         
3/5/2014   3815723799   0.15815815         
3/6/2014   3815723799   0.15815815         
3/7/2014   3815723799   0.15815815         
3/8/2014   3815723799   0.15815815         
3/9/2014   3815723799   0.15815815         
3/10/2014   3815723799   0.15815815         
3/11/2014   3815723799   0.15815815         
3/12/2014   3815723799   0.15815815         
3/13/2014   4250217920   0.14198985         
3/14/2014   4250217920   0.14198985         
3/15/2014   4250217920   0.14198985         
3/16/2014   4250217920   0.14198985         
3/17/2014   4250217920   0.14198985         
3/18/2014   4250217920   0.14198985         
3/19/2014   4250217920   0.14198985         
3/20/2014   4250217920   0.14198985         
3/21/2014   4250217920   0.14198985         
3/22/2014   4250217920   0.14198985         
3/23/2014   4250217920   0.14198985         
3/24/2014   4250217920   0.14198985         
3/25/2014   4250217920   0.14198985         
3/26/2014   4250217920   0.14198985         
3/27/2014   4250217920   0.14198985         
3/28/2014   4250217920   0.14198985         
3/29/2014   4250217920   0.14198985         
3/30/2014   4250217920   0.14198985         
3/31/2014   4250217920   0.14198985         
4/1/2014   4250217920   0.14198985         
4/2/2014   4250217920   0.14198985         
4/3/2014   4250217920   0.14198985         
4/4/2014   4250217920   0.14198985         
4/5/2014   6119726089   0.09861353         
4/6/2014   6119726089   0.09861353         
4/7/2014   6119726089   0.09861353         
4/8/2014   6119726089   0.09861353         
4/9/2014   6119726089   0.09861353         
4/10/2014   6119726089   0.09861353         
4/11/2014   6119726089   0.09861353         
TOTAL:   8.36079989   BTC      


For each additional day we are late you will receive more BTC ROI based on the chart in the Google Doc above. I will keep updating this chart as soon as the difficulty on https://bitcoinwisdom.com/bitcoin/difficultychanges.

We are getting very close to having all the issues worked out with the PCB design as explained in my last email update. I can assure you we have an amazing team working to make sure the nTek PCB design we ship has the capabilities to go much
further than other Bitmine A1 Coincraft miners on the market. None of them have been able to figure out how to go past 1.2Th/s per 40 A1 chips. With our unique cooling system and expert firmware engineering team
we are confident that nTek will soon push the boundaries of Bitcoin mining to new levels.

Please let me know if you have any other questions. Please keep in mind that if I do not respond for a few days I will still get back to you ASAP. We are head deep in making sure we are moving forward as fast as possible so and I promise to do my best to respond in between doing my part on the team management.

Thank you for believing in us and we look forward to providing you with the best cutting edge technology for your crypto currency mining for a long time to come!

Best Regards,

Ry

Doesn't really matter, in 4 - 5 months they will use more energy than they are mining anyway.

Those new miners look like (ssjwcow) something Steve Jobs would come out with,keep up the good work Ry

Hi,

Are my miners ready to deliver?  If not, when?

Thanks Steve!

nTek's focus is still and will continue to be the miners sold to existing customers from the first batch. The 2.4Th/s nTek miners are made up of two modules in one case so we are not really designing a new product but rather just pushing the space and power capabilities of the design by adding more chips. We wanted to show how the modular design can adapt to the Bitcoin market. Twice as much mining power in one case takes up the same amount of space in a datacenter but with 2X or more hashing power.

We are getting the new PCB design back near the end of this week and as long as updated Hash Unit design checks out good in the bench tests, then we will be able to move to full production of the first batch immediately. While making these design changes has been tough with the extra time we feel it will be worth it in the end to have Hash Unit boards that are of better quality, can be pushed further to the peak limits of the A1 chips and will last a lot longer than other miners on the market now.

(SSJCOW) That is exactly what we are going for. Quality over "quick and cheap." Thank you for the support and words of encouragement.  ;-)

Hi,

I am a first patch customer.  When will I get my miners?  Thanks.  You are welcome to send me the 2.4TH instead of 1.2TH of you like.

I'm a first batch buyer as well,and it hasn't been easy investing in nTek in Jan and seeing what i thought were better deals go by me in the last few months but it all looks like the right thing to do now with the ROI Ry is offering,plus the miners look better than all the ones I've had so far(BFL,KNC) you can't bet that.It will all come together soon i hope,Patience is a virtue my momma always told me.

gallery2000, you already requested a refund to your credit card and according to our records it was issued. Orders: # 1032 and 1047  have been refunded. Please check with your credit card or bank and you should see that they were refunded.

No new news? anything at all? a release date or something,anyone on the list get one of these miners yet? it's been a couple of weeks since the last update hope there are no new problems?

Hi Steve,

Yes...good news!!! Will be shipping soon. More details to come soon.

Just been quiet because been working on so many things in the background to be able to give amazing new options to you and the other 20 or so existing customers.

You are not going to believe it but we can provide the same miner design with the new A2 chip that can mine 90Mh/s in a single box for Scrypt. That is about $150/day in Litecoin so each box can ROI in less than 3 months. That is like the opportunity we had with BTC in December/January because the Chinese flooded the market.

I can tell you though that things are changing because China cannot use BTC anymore. They are looking for new ways to continue in the digital currency space.

Let me know if your interested in seeing a live demo over Skype Video or Facetime on an iPhone of one of the Scrypt miners running. I have a 32 chip one here running as a demo. I can get those miners pre-built at the factory in China within just a few days. This can help you get an ROI and also help us make back money lost from Bitmine's screwups since January.

Good news is that we have fully working design now. Please post to the public forum just so people are not wondering.

Are things okay on your end?

Best,

Your friend Ry ;-)



Got this message from Ry on the weekend and just reposted it for everyone to see
                                                                                                            Steve

Dear Ry,
We wait since more than 3 months now !
It is really time to deliver your promises, ROI payback and mining !
3 months, it is long. We all need to make our money back and more.

Please, a true timing now.

Stop talking, start delivering.

Thank you.

Dude  I am sorry to say but this looks like you have been BFL'd by Ry and his nTek miners. 

I am sorry for your loss and all other miners that purchased from them.

I have been burned myself a few times. Just for  less then you.

Hello mdekerever,

Please excuse me for not responding with an update more recently. I just replied to your email right now...

We have been very busy working to make sure all logistics are handled right away. I was actually trying to send out an update to customers since last weekend and kept getting pulled away to help with one thing or another.

Update to follow below...

Ry

As a quick update...Everything is still going according to plan. We will have the first batch of A1  (1.2Th/s or greater) nTek miners delivers and or online before the end of May. We will also fully honor the ROI agreement that was shared here openly.

We are nothing like BFL as we are offering ROI compensation to our customers well before they ever even asked us for this. We are nothing like KnC who tried to convert the hardware orders to cloud hashing only if you agreed to not getting the hardware in return. In fact we are still going to deliver all miners to the small batch of first customers and in addition give the ROI compensation detailed on our Blog and this forum. We are delivering both so for anyone to say we are like BFL, KnC, HashFast is not accurate. I understand we must prove this so we will soon be doing just that.

I can see already some new Scrypt miner companies sprouting up and using this same model of offering ROI compensation if they have any delays of delivering. This is great to see that taking a big step like this has helped others in the community see that the digital currency hardware industry does not need to be the way it has. The companies that will survive through all the stuff going on now with drop in BTC value and rise in difficulty will ONLY be the companies that innovate. Innovation will come through new ways of using digital currency and it not being just about money alone but rather what can people can do to improve other areas of life, science, health, the environment etc...

Our main goal is to prove to our small group of early customers and the rest of the community that mining hardware sales can be done differently. Once our first batch is out we will move towards in "IN STOCK" policy but still keep the ROI agreement for larger orders only when necessary. There will be no more pre-orders and I hope this sets a new precedence for the rest of the industry. We never intended for this to be anything like a pre-order. We went off of what Bitmine.ch told us in January that we could take their PCB design and have a working miner within a week from PCB builders in California.

Eventually we had to redesign the PCB completely but in the meantime it was not fair to our early customers who paid in January at the value of 1.2TH/s back then. $8500 was a fair price for 1.2TH/s in January but of course it is not now...This is why we offered the ROI compensation agreement because it makes that higher cost paid in January go down really low. Many of the early customers are in fact going to received more BTC then what they paid for the miners originally. For other customers who did not want to wait when we first offered the ROI agreement in March; they were given refunds.

Again sorry for not giving a public update recently but I just wanted to let everyone know that we are still working hard and nothing has changed or will change with the plan.

Feel free to post questions here so I can reply to the group all at once. Makes things easier...

Thank you for reading!

Ry

Good news !
I had feedback from Ry finally and we are close to the strat of ROI payment and real mining with the Ntek miners.
It had been very long but it should be for this week end !
So no scam, no worries.
Looking forward to see the Th/s mining for real.

Anyone receive a miner yet?Or any news?

No.  I got my money back.

Any update?  It's been quiet for over two weeks.

The CEO just got married I think. So he should be off his honeymoon now. If you are waiting on something then email them.

Thanks.  I will email, again.

Just curious has anyone, at all, received an nTek miner?

No but soon hopefully

I no longer intend to mining

can anyone talk to RY?

I talk to him regulaly. He just sent the LMT contract and will deliver soon the miners, hopefully...
Just wait still a bit more, even if this is frustrating i know...

Any miners yet ???

Hello…..Is there anybody out there ??????

I am under the impression that none of their equipment has shipped [or exists???]...

Ry emailed me Thursday (07/10) that he had just returned from vacation and would "...look into [my] order since it was supposed to have shipped already"...still no word

Most hope has been lost, but not all...will let you know if I hear anything else

Vacation will ruin your mining operation.  Time equals money.  Someone's vacation could be your good bye to profitability.

Hello,

I just want to confirm that orders are now going out.

alabamaslamma, please check your email. I sent you a reply earlier today.

I assure you that units have gone out and are in some customers hands. The rest of the orders are being fulfilled. I will send you more detailed information through email about your order.

Yes, I was out of the office before as you mentioned but shipments were still going out during that time.

The ROI Agreement will be honored as well.

Hello steve1000, we are here! Please do not worry...your order is next in line to go out. I will send you more detailed info and tracking information through email. ROI Agreement will be honored.

I would like to confirm that last week I have received my miner from ntek and it has been hashing steady at 1.2 th/s.  I spoke with Ry after I received my delivery and actually he called me to confirm that I received my miner and everything was running smoothly.  He also wanted to let me know the timeline for when his ROI agreement with his customers would go into effect which will be very soon, he first wants to fulfill the orders that people are waiting for than he's going to put together a mining farm to start paying us put for lost mining time as per the ROI agreement which each remaining customer had to sign.  First I want to note that I am in no way affiliated with ntek computers, I'm just a customer like everyone else, throughout this long journey Ry has always kept me updated and was always honest with his updates.  I'm not just  talking emails, sometimes he would call himself to give me an update by phone.  In my opinion thats awesome business to customer relations, give the guy a break, he got hit with delays that were beyond his control, thats why he's being an honest person and honoring a ROI agreement for lost mining time.  No other bitcoin miner company has ever offered anything that beneficial to their customers, usually when another company does offer something for delays in time of delivery its usually filled with loopholes that eventually benefit them.   

Can you add some new pictures? I will add this miner to the currently selling miners' list
https://docs.google.com/spreadsheets/d/1Gtj8ts3zEUZPwSBZQnYZwi__zGfg-0SKVIdH_17GqYw/edit#gid=0

That sounds reasonable... er.. NOT.

Why would you go to all the trouble of taking the time to post about yourself your new, much awaited miner and not take a slew of photos so prove your not a faking shill?

Anyone remember this?


Or this?


Or this?


The last post that was allegedly posting a picture had empty img tags.

I remain unconvinced. Please prove otherwise.

Hey I have pictures of my nTek miner but for some reason I'm having trouble posting them.  I'll gladly email the pics to anyone who wants them and you can post the pics of the nTek miner on this forum.

Upload pics in http://imgur.com/ and paste the link in the reply. If you have trouble doing that, use the help http://help.imgur.com/hc/en-us/articles/201767293

Someone give me their email address so I can send them to someone, imagur website I can't figure it out.

Aw no way I left the camera lense cap on again, I'll try again next week

Hey everyone,

I wanted to make sure and get back on here (after leaving a not-so-positive post last week) and let you all know that Ry and nTek/RevUp's 1.2TH Miner should be added to the list of reputable companies/machines. I phrase that comment carefully, because while I would gladly say the aforementioned, note I am not endorsing their company or products just yet, as this only fulfills the first half of the (nTek provided) agreement.

I would like to mention here that I do not work for, have stock in, or are in any other way affiliated with this company other than purchasing equipment from them, but I would like to say that nTek has offered a very transparent (and unique) ROI agreement with the group of investors that backed the company from the beginning (of which I am one), and that have stuck out the [grueling] six month period of setbacks and delays. I will not go too much further into detail because the agreement terms would limit that, but I will say that this company has offered something that NONE of the other companies in this industry have even considered - an agreement that makes total sense and compensates 100% of lost mining time with what would have been mined by the equipment purchased.

Now back to my original statement of non-endorsement - this compensation is yet to be realized, but I have no reason to believe that nTek will do anything other than [continue to] fulfill it's commitments. I mean after all, Ry has put himself and his parent company (RevUp Render), way too out in the open (home addresses, cell phone #'s, social accounts, etc.) to make a group of people within this community unhappy. That said, I would expect that after all commitments from nTek (in regards to ROI for LMT) have been fulfilled, I would then endorse their company and tell other Bitcoin (& alt coin) enthusiasts that may be interested in investing in their equipment, to do so. Until then, I would invest with them with the understanding that they are still working through satisfying their first batch of purchasers and it may be some time before receiving any equipment from them.

I have waited (very patiently) for over six months and [finally] received my miner on Tuesday, 07/22/14. After some struggle adding it to my pool (surely user error), I have been up and mining now for about 18 hours and am averaging about 1.3TH/s

Those who have received their miner from nTek are likely feeling about the same as I have explained here and I would tell those (from the first batch of purchasers), who have yet to receive their miner that it is likely on its way. I am glad to see there are a few others out there that did their homework before purchasing and felt confident buying from this company and making the decision to stick it out - I believe the ROI for LMT will prove this was a great investment and I for one, look forward to working with nTek in the near future to increase my mining capabilities.

Here is a current pic (taken today 07/24/14) of my nTek miner:

https://i.imgur.com/MNDY6Bp.jpg?1

Thanks and Happy Mining!

-BS

Could be any generic A1 clone with that picture tbh.

What do you mean by that? That nTek has copied a different miner? Or that I am a liar? ???

Yes. nTek's product looks like any other A1 clone floating around out there.

Thanks for the clarification. Please excuse my ignorance, but is that a good or bad thing (or neither)? It seems to be running very consistently at 1.3Th/s

That depends on how much you paid for it. nTek has simply purchased an existing miner worth about $1500, shipped it to you, and kept the rest of your payment ($7k?).

This company might be legit but their pricing is borderline scammy. Have they forgot to update the prices since january?

Also have they shipped anything besides a generic a1 clone? Like that cube miner which AM supposedly copied?

Don't tell me that a render was as far as they got before attempting to patent someone else's idea as their own.

Interesting Syke, any idea specifically where would they be able to purchase a miner like this to re-sell?

Search for any number of Dragon A1 miners. Like this one: http://www.bit-winkor.com/xproducts_view.aspx?id=6

Interesting, thanks.

Our current 1.2TH model miner that is available to ship from Alexandria, VA with 1-3 day FedEx ground shipping anywhere in the continental United States is a better deal by one buck 1.4TH/s $1999. We are going to start calling it the one buck chuck miner. For each new competitor that comes out with a product that is known to be stable, of good quality, and the same hashing specs; nTek Computers will price our miners that are of similar spec for one buck less:
http://ntekcomputers.com/blogs/news/13576373-ntek-computers-new-updates-april-11th

If any new orders are not delivered within 5 days or less than nTek Computers will pay the customer who ordered, the BTC each day after that should have been mined with the expected hash rate. [url](ROI Agreement)[/http://ntekcomputers.com/blogs/news/13576373-ntek-computers-new-updates-april-11th]

Our team is part of a reputable company that specializes in HPC computing. In 2013 RevUp Render www.revuprender.com started nTek Computers to sell hardware that we previously only used in our own cloud computing services.

For the last six months since nTek Computers became its own company, we have made every effort to do things different and bring the normal computer business to selling miners. As the founder of nTek Computers I must say that the Bitcoin industry has done nothing but try to stop us. There are some very shady characters here out there who will stop at nothing but to hold back innovation from this industry (bring on the shills / trolls). There are people with their own private farms hoarding most of the BTC now. Over the last 7 months we have been hacked, victimized by professional credit card scam artists, threatened, attacked, and much more; but we are still here.

All that really matters is what happens in the end in this situation. Most of our customers bailed out on us after we invested a lot of money into building a new kind of computer design. It is easy to see now that we took on the risk that others did not want or could not handle by accepting credit cards for orders. We came up with a compensation plan but the delays caused almost all of the original customers to go the refund route. Regardless we have pushed forward and delivered miners that meet every specification from the ntekcomputers.com product page for the 1.2TH/s A1 Coincraft based miner back in Q1 of 2014. There was a generic image of what our miner was to look like and we pretty close.

Miners have been delivered and the last ones will be delivered to the very few remaining customers. We are not going anywhere, we are here to stay so all you shills, trolls, and scammers can stop wasting your time. We have gained more battle scars than others have in this industry in just 6 months. We were bruised, beaten and found the willpower to get back up and keep on fighting for what we believe in. Designing and building amazing NEW products!

So the next question is not if we delivered on the orders that were still left that did not get refunded. The question is about the miners shown in the photos by our customers. Just to clear up confusion, YES those are miners made in China in the photos shown by two nTek Computers customers. How are those differently designed than the other A1 miners from China? Well, they are not but they do have some IMPORTANT KEY DIFFERENCES. The miners we are delivering are using a different DC/DC converter PCB component. This design is stable and it is also different in other ways. The standard "A1 clones" from China are now mostly using (32) A1 chips. Our miners shown are using (40) A1 chips in order to meet the specs on the product page in Q1 2014. It would be very difficult for us to just be reselling A1 clones simply because the A1 miners being sold directly from China are 1TH now. They are not 1.2TH.

Now to move onto the next topic. What happened to the unique nTek Computers "Patent Pending" cooling system and case? There is a very simple explanation for that. When most of our customers started to get refunds we had no choice but to stop the current developments and move towards delivering miners that "simply meet the specs." Sadly there is no better explanation than that and nTek Computers has decided to stop any speculation or accusations of scams any further here and now! Yes, what is being shown in the last couple of pages of this thread are similar to the other A1 miners from China. Yes they were made in China. However, these miners were in fact produced using those original A1 chips purchased from Bitmine for a huge amount of $$$BTCBTCBTC$$$ back in January. Yeah, we got totally F'ed on that deal!!!

The simple fact is that the very last nTek Computers 1.2TH (1st batch) miner was sold in the beginning of March. We legally could not disclose the designs for the special nTek chassis and cooling system that is under "Patent Pending" status until after the application was issued to the USTPO. The last sale in March occurred before the provisional patent application was filed. The laws with patents clearly make any prior public disclosure forbidden until after the filing date. Hope that makes clear sense to everyone but feel free to ask any questions. In simple terms, we delivered what was purchased. We did not show the new nTek designed chassis and cooling system until later. It also turned out that the 40 A1 chips do not provide enough heat to require a more advanced cooling system. We are still working to test (80) or more A1 chips inside our single 4U standard sized case.

nTek Computers has not given up...We have been working on some new designs using the base of the special chassis and cooling system and new ASIC's. It would be much easier for us to fold in and go back to only marketing to the HPC computing industries but we love BTC and mining. RevUp Render got involved with GPU clusters for HPC in the beginning in 2008 through confidential R+D even before they were known publicly as a company. GPU servers were not even well known as proven technology then. Mining on GPU's appeared a couple of years later to the masses. RevUp has been involved in mining themselves for a while to say the least. While nTek and RevUp have become separate companies legally for liability reason we still all work together in the same building.

Our plans going forward:
new product #1: nTek miner with our chassis and cooling system (TBA) we are doing R+D on new chips to make it competitive at a higher hash rate and price. Since we want to avoid getting more battle scars we will not depend on others who make promises to deliver on new technology (not naming any names) but rather only announce new products that we have in hand and can show live demos in personal visits to our office for those that request. "Bitcoin police force" you are welcome to visit us in Alexandria, VA and we can even show you some of the sites in DC. ;-)

new product #2: DIY miner system. Depending on feedback and interest we may release to the open source community. As of now though we plan to sell it as a DIY system with everything except the Hashing PCB's. Chassis, Fans, heatsinks, controller, PSU. Developers can start to contact us for orders right away and we will ship each new sample unit with their PCB mounting hole template. Bracket system is now adjustable with modular design. We want to establish standardized hole patterns similar to ATX, ATX-e but specific to Hash Unit PCB's. Please give us your feedback but I expect a lot of bitter people will tell us we should just melt down 1500 lbs of very application specific custom heatsinks and sell it for scrap. With all the money invested into CNC contracts and raw metal, that is not an option at this point. We can offer right now an amazingly configurable platform for DIY developers to build on top of. Think of the possibilities! Be creative and build your own miners! This is what revolutionized the PC gaming industry when the first custom game mod cases were released...

“We have to continually be jumping off cliffs and developing our wings on the way down.”

So u have 1.2 th/s miners in hand ready to be shipped from Alexandria Va for under 2000.00 $ ??

Yes we do! If someone wants to stop by and see them in person then we would really appreciate them verifying with everyone else so it can put doubts to rest. We can even show the other designs we have been working on.

The miners we have in hand right now are being sent out today and tomorrow to the last remaining orders for our first batch. At least 40 more units will be available soon. We stand behind our systems and offer a full support and RMA process.

Is it not more cost effective to purchase three S3 units ?

So basically what you're saying is that instead of developing/building your own miners, you spent all your time and money patenting an idea someone else had? An idea which was not even useful to your design? Are you sure you didn't drop the patent because you didn't own the idea?

Also $1.66/gh?? That is about twice as expensive as bitmain and way less efficient.

I hope for the customers sake that purchased the 1.2th/s several months ago for the price of  8500.00 or so, and still do not have their miners will be getting refunded in the difference ??

According to the S3 prices listed here: https://bitcointalk.org/index.php?topic=514758.0

(3X) QTY.  Bitmain S3 units will run you $1,873.5. Then you have to purchase power supplies and also you have shipping cost and time to wait for the units to be shipped from China.

We are currently only selling units that we have in stock in the United States. Lost days for a week of time to ship from mainland China should also be accounted for. We are a registered company based in Alexandria, Virginia. Just across the potomac river from Washington, D.C.    Come and visit us please! ;-)

trazzam, are you a shill or a troll with 3 posts (newbie) status? OK! We will explain it again in more once paragraph. We hope there is no more confusion! We are taking care of our customers. It is more than fair so please stop the shilling

http://ntekcomputers.com/blogs/news/13576373-ntek-computers-new-updates-april-11th

WOW  whats with the defensive attitude for  asking a few questions, also I am not a shill or troll thanks for asking tho and as for a newbie i have been on here since january……Good luck to the existing customers

trazzam, sorry about that man. There are hackers trying to attack us as we speak. We are on the defensive right now out of a natural instinct to survive.

In May revuprender.com was hit repeatedly with DDOS attacks which has been linked directly to the digital currency world. Maybe this has all caused us to be too paranoid as a company. We apologize for snapping at you like that. Unfortunately that is how the Bitcointalk forum has become, "guilty until proven innocent!"

If your in the mid-Atlantic area we welcome you to stop by for a visit. Outside of these forums people can act freely, like civil people. nTek Computers has been very open with who we are and put our company and personal names on the line in hope that it can provide some trust. It is too easy for people to hide behind anonymity on here.

Figures your only source of finding the s3 prices is the a1 clone seller. Is that where you bought your units from?

It boggles my mind how out of touch with the market you can be. I'm almost beginning to think this is some sort of elaborate scam.

Bitmaintech.com has s3's listed for 0.66btc each and 750w server psus go for ~$10-20 each.

5 bitmain s3's (2200gh-2500gh):$1900

ntek a1 clone (1200gh): $1999+shipping?

It's amusing you think anyone would pay shills to "troll" this thread. You have displayed overwhelming incompetence on your own and are not even attempting to compete with the market.

I'm honestly not trying to troll here, but zero shipping costs involved in dealing with Bitmain, and power supplies are not an issue for many of us who have been mining for some time.

Would you offer to sell me one of your units for $1,138.50 shipped to Dallas, TX ? This is comparable to Bitmain's current pricing.

($575 BTC * 0.66 = ~$379.50 per S3) * 3 = ~$1139.50 USD

... and considering I'm a previous customer, I also have coupons for an additional discount through Bitmain, so I hope you can appreciate that we consider your product is priced about $600 too high.

We are not in business to source Antminer products. Antminer has done a great job building a business that delivers to customers on time and at a very low price. That is exactly what the btc mining industry needs.

This also means that pushing the prices down further and further is going to cause home mining to go extinct by or before the end of 2014. This will happen now regardless. We are waiting patiently for industrial mining farms to completely take over because to be honest we would prefer to deal with businesses rather than consumers. Businesses do not commit credit card fraud and steal $10,000's, and customers who are companies have more of a long term mindset. Most of all they actually invest in their cold hard calculations and prediction of what Bitcoin will be worth from a collective investment into the Bitcoin industry as whole. In essence they are in it for the long haul and so are we.

Again, as we made clear yesterday our miners are not A1 clones. The A1 clones on the market are (32) A1 chips whereas ours are (40) or more per unit.

Thank you for the offer Xian01 but that is not a comparison of a miner that is equivalent in specs to what we are offering. The (40) A1 chips can be over clocked "Turbo mode". They are designed to go up to 1600GH/s.

If Antminer sells a miner that has the technical specifications to go all the way up to 1.6TH/s in one box then we will be happy to sell for $1 less than their offered price. I know this is a hard decision for people who are looking for the absolute best deal on the market....

What we offer that companies from China cannot, is an RMA service to replace your miner with another unit. You can even keep the first miner until you get the replacement one. Our A1 miners are guaranteed to mine rock solid BTC If not then file an RMA form with us and we will FedEx you another unit same business day. If your nTek miner has an issue with the hardware then nTek Computers will send you a replacement and you send us the defective unit back once you get delivery. This is a risk for us but it is one advantage that we can offer that others outside the USA simply cannot!

Two disclaimers with our RMA service to be as upfront as possible:

1. We require an escrow to be held by a third party for the BTC amount (based on current sale price). If you cannot do the escrow of BTC then we will ship your replacement miner the same business day the defective one is received.
2. This RMA Guarantee can only be applied to customers located in the continental United States. Outside the United States the standard RMA policy will be honored. Replacement unit sent out same business day the defective one is received to our Alexandria, VA location. GUARANTEED!!!

ROI Agreement is going to continue to be in place for new orders but our plan is to never have to use it again. In the case of "acts of god" such as a storm then we will honor the ROI Agreement and LMT (lost mining time) based on the agreement we released in April.

Feedback is much appreciated so we can refine our business to meet customers' needs.  :)

Antminer S3's are overclockable as well.

Good luck with your overpriced venture. 

Hello Xian01, and what happens with your S3's when they have issues and need to RMA'ed? The question is not if BitMainTech will replace your Antminer that has a hardware issue but it is more about logistics.

When you have hardware failures from overclocking, good luck with losing a lot of mining time when you have to wait for your S3 to be shipped back to China, inspected, and then a replacement unit to be shipped back to you. To/From mainland China and the USA + RMA process can easily take 2 weeks.

"Xian" as a handle really does make me think that you are a shill for Antminers in some way. Please stop taking our thread off topic. This thread was started by our customers and for customers only. We can start another thread that just focuses on our prices but it is off-topic for this thread. Hope you can understand and stop your shills here. Plenty of other much bigger competition to Antminer to shill than us. Heck, at this point we are much smaller than most resellers who do not even know how to check the voltages on an A1 chip to see if it is burnt out or not. The resellers can just ship more unstable "A1 clones" and or other dirt cheap Can't-miners though so what do they care.

All we said is that we provide better RMA service and support than others. We are not as cheap as them because we can deliver inside the USA much faster (added value) and we can replace any possible problem units much faster (add-value).

Again, go build your own miners if you think it is so easy! Would love to see you try and report back on this forum so I can waste your time complaining about stuff that is out of your control. We do not make A1 chips nor set the market prices. We do not control the value of BTC or the difficulty. nTek Computers is a small business and we are happy with just having a small amount of customers that are loyal and that we can provide amazing support to. Good luck communicating to China buddy. Or wait you are most likely in China so you have no clue what you are talking about anyways. OFF TOPIC!!!

Don't buy from us if you do not want to, but also please stop being an Antminer shill and saying your not. BECAUSE YOU OBVIOUSLY ARE!!! OFF TOPIC!! Please go away!

Thanks!!!

Sorry to burst your bubble, but being a happy repeat customer of Bitmain is not shilling.

Again, good luck with your overpriced venture. I'm sorry that pointing out the reality of it is so traumatic for you.

Additionally, Xian is a short form spelling of my name, Christian.

When you say designed to go up to 1600GH, do you mean you have a working unit at 1.6TH or is this just hypothetical.



No this is absolutely not a hard decision for anyone in the market.


Have you actually bought something from china and/or had an RMA? I've had several items shipped to the USA and arrive within 2 days.


You are an embarrassment. You think anyone calling you out on your massive failure/shit-talking makes them a shill?

News flash: not everyone needs shills to promote their company. Bitmain does it just by having a good product at a good price. You should try it.


If xian was a shill for bitmain wouldn't his company already have built miners?

Not sure why the prejudice against the Chinese. In my experience, communication with Chinese companies has far surpassed American ones.

A1 chips have been available for more than 6 months. Why is it that every other company could build miners in 1-3 months but you took 6 (assuming you've even built one yourself yet)


My serious suggestion, call it quits and end this venture. Your company has demonstrated extreme incompetence that could even surpass BFL and HF. Your company is completely out of touch with the market and/or are just constantly lying.

SHILL

Lame reply!

SHITTY VENDOR !!! 11!!! (See how this works ?)

shill:
noun
1.
an accomplice of a hawker, gambler, or swindler who acts as an enthusiastic customer to entice or encourage others.
verb
1.
act or work as a shill.

Troll:
In Internet slang, a troll (/ˈtroʊl/, /ˈtrɒl/) is a person who sows discord on the Internet by starting arguments or upsetting people,[1] by posting inflammatory,[2] extraneous, or off-topic messages in an online community (such as a newsgroup, forum, chat room, or blog) with the deliberate intent of provoking readers into an emotional response[3] or of otherwise disrupting normal on-topic discussion.[4]

*rolls eyes* Again, wrong. Whatever makes you feel good about yourself. Needless to say, I won't be buying nTek products, and will warn others to not purchase from you based on the lunacy displayed in this thread.

Thank you for your mature response shill. ;-)

How is your neck beard trimming going in your mom's basement?  ROFL

Yeah we do not give an F anymore! we are writing this from the loony bin

We are totally insane because we are calling a shill, a shill....and a troll, a troll.

Sorry if we offended anyone else but it has been an especially difficult day of fighting trolls and goblins with our foam lightsabers. Our neckbeards have not even grown in yet but they will soon enough. We are obviously just a bunch of kids building miners in our parents basement in our underwear...trimming out neckbeards. WTFE!!!

Dude you fit the definition of a shill to the T

http://en.wikipedia.org/wiki/Shill

sorry if you are not a shill working for BitMainTech but you are still very shilly. ;-)

You were not going to buy miners from us so why take this tread so far off topic?

This thread was started by someone who actually placed an order with us. It is simply to provide information about the orders being delivered and the compensation for those that did not get a refund.

Too much RedBull?

Yup, us neckbeards at nTek Computers love to take breaks and drink TONS of Redbull and have lightsaber battles in my parents driveway upstairs. Our CEO is going to kill us when he reads this later. HAHA We had too much redbull but then snuck into the parents liquid cabinet too. We are all minors and only in high school but soon our real neckbeards will grow in. Watch out BTC world!!! ROFL  ;D;D;D;D

Xian01 has bought miners from many manufacturers, and I'm sure would buy from you if the price was right. You don't want to hear the truth, but the fact is your miners are overpriced.

Hi Ntek,

I am selling S3 for $2000 a piece.  Why don't you use my source to bolster your argument that 3 S3 will cost you $6000?  Unfortunately, nobody is buying from me because they are buying directly from Bitmain at the price of $340 a piece so 3 pieces would cost them $1020 

Hi,

I noticed that the third and fifth modules are not lighting up?  Why is that?  The 1000W PSU is not enough to support 5 modules?

Well of course I'm not going to buy from you. Your pricing is ridiculous at present and you refuse to acknowledge the realities of the current market.

I would love to have purchased one of your units if it was priced more reasonably.

Good luck to you.

Heat sinks on the other side... so light is facing away from the camera? Why would those boards be inverted?

Is this the actual design? I thought it was more like this:

http://cdn.shopify.com/s/files/1/0287/7008/products/Shot_2_1024x1024.png?v=1398099183

*Product design may change slightly due to improvements.

gallery2000, you might be a credit card scam artist, but you are definitely now a shill as well. Please stop wasting peoples' time with your ridiculous posts. Some months ago you purchased a miner from us, filed a chargeback and then asked for an update on the delivery after it you had been refunded in full. Maybe this was a mistake on your part but since everyone else on this forum uses the mentality "guilty until proven innocent" I guess we can as well? We were called scammers even before we had a chance to deliver on time. Customers bailed left and right from based on what people on this forum said; who had no idea what was going on. Please stop spreading misinformation gallery2000.

Hi Darin,

Please excuse the confusion happening here. We did however completely answer your question in the post made on page 18 of this thread: https://bitcointalk.org/index.php?topic=428831.msg8094832#msg8094832

The first miner is built to our specs with the chips purchased from Bitmine.ch in January. (more details already explained in above link) It is not the standard A1 clones, ;-)  It is our own A1 clone, except it is not a clone because these units were made with A1 chips purchased from Bitmine.ch   WHY IS ALL THAT Innosilicon and Bitmine stuff SOOOO UTTERLY confusing?

The miner in the second image is not what was sold as explained in the earlier post I referenced above for you. nTek sold the miners based on their specifications from January through March. The design in the second image with the nTek Computers logo was not shown until after those sales were completed. Hope that helps clear up any remaining confusion but feel free to ask more questions.

The design in the second image is may be turned into an open source hardware system called the nTek Modbox. Patent Pending parts will be labeled as such but we want to encourage the community to take the design to new levels on their own and see how the innovation grows. Adjustable brackets and fittings will be included to fit most boards on the market. As developers fit other boards to the system we can provide additionally sized brackets for new board fittings. The first Modboxes will ship with several extra adjustable brackets. nTek wants to provide a platform for developers and hope it will impact the mining hardware industry in a positive way. This is more fun for us and everyone else and also keeps the creative juices flowing. Most of our team at nTek are designers and artists so that is what we enjoy doing...designing amazing products.

We would like to host a competition to prove that our system can give other boards the ability to be over clocked further. Of course some closed source systems will not allow this kind of DIY spirit. With the nTek Modbox you will actually for first time be able to take the mining boards out of any miner that allows it remove everything except the PCB unit. Then attach it to the main heatsink and adapt liquid cooling across the entire top of the board. The liquid cooling like PC gaming mod boxes out there is a separate product. That product will be able to be used to also retrofit liquid cooling to some other miners without removing the Hash PCB's if there is room between the sandwiched together boards.

the nTek Modbox can also be used with GPU's to massively overclock them since it has liquid cooling. The photo you posted from our website is outdated simply because we are looking to keep this in beta mode for now until we can gauge the interest of the open source community. Liquid cooling has been developed for the nTek Modbox and many other design changes since we last showed photos of some of the prototypes in April. The design has changed a lot but we are too busy now to show photos or 3D computer designs of it all. Once the product is ready to ship then it will be posted to our web store that day and we are also talking to some resellers to setup channels through them.

Nice to finally be able to come out of stealth mode over here at nTek in Virginia and even talk about this. This is our plan now and it is our way of removing ourselves from the price wars going on right now between the giants of this industry. nTek Computers cannot compete with them to sell complete miners.

Some Virginia Tech students are pretty excited about the Modbox and are coming by to see some of it in action in our office next week. We are going to ask them if they can post some photos or something online so I will give a link here if they do.

Depending on the price of A1 chips and the market we can potentially sell 10-chip boards along with the kit. Our 10-chip board does hash but it simply got too uncompetitive on the market the nTek designed board using A1's since we paid the piper too much money for them back in January. Bitmine.ch is keeping their prices around $26/chip right now which is way too much considering the other prices on the market that are getting close to if not already below $1/GH/s

A1 chips are being sold for less than $15 per chip on the black market in China. This is the reason for "A1 Clones" for dirt cheap.

nTek Computers, Inc.

So you are trying to patent a bracket with holes in it? And then you want the "community to innovate" yet you slander AM for "copying" your design?

Just quit the bullshit and make/sell miners for a reasonable price. Nobody gives a rats ass about "your" patent pending idea which was entirely copied.


OK let me get this straight, you "designed" an air cooling system to solve a problem which didn't exist, then made it convertible to liquid cooling to solve the same problem which doesn't exist?

Have you actually liquid cooled anything before? Why would anyone want to take apart their liquid cooling system and assemble it in your fancy/expensive cubular design? Makes absolutely no sense.

It's like you're trying reinvent the wheel as a square.


So what is the point of your business? You can't compete with large manufacturers and you have no target market (other than clueless noobs).


So this company is run by virginia tech students? Being run by kids with no experience would explain the incompetence although there are many kids with much more knowledge of the bitcoin mining scene than your company.


Classic example of how out of touch with the market your company is.

Bitmine is a reseller. They did not design the a1 chip nor do they own it. Innosilicon owns/designed the chip and they sell it to various manufacturers.

This is why a1 clones were being flogged from china months before bitmine could even get a single machine working.

Factually, you are the only shill in this thread.

Sorry, but having knowledge of other vendors does not make one a shill, no matter how much you want that to be true. I'm sorry to need to explain this to you.

Some of us buy hardware from many vendors. I already own quite a few A1 units, and know for a fact that your current pricing is out of line based on what I paid for A1s months ago.

I am sorry that we cannot do business together. You appear to have a good product that is priced beyond what the market will reasonably pay for.

Wrong. Everyone in this thread is a shill!

Thought you stated that already.

I think we get it the first time and the second time. Shall there be a third and a fourth?

---

Ry... sorry was not scrolling back to read through everything been kind of lost since the training program I ran 2 weeks ago. Thanks for the update. Yes the fact that Bitmine.ch was less than forthright about things did make this build a nightmare for you and your team. Given what hiccups they caused then the fact they didn't really explain the deal they had with Innosilicon upfront sure made your initial premise for building these units change as soon as A1 chips flooded the market. Bitmine caused you considerable time and effort or your products would have been on mining a lot sooner than they were.

I hope things go better in the last part of 2014 and into 2015.

Hi Darin ! Obviously I have touched a nerve. How is the Wasp project coming along ? Any closer to shipping something we can buy ?

*hugs*

What you think you are doing and what you are actually doing have nothing to do with me or hitting nerves or anyone's soft spot or tender regions. I generally could careless what you imagine affects me and my posts. You might want to reflect on the number of times you post the same thing and then determine on whether it is edifying for others. In this case you are plainly grinding gears and making the same point 2x or 3x or 4x doesn't offer anyone solace. We all can easily check that anything over $1 GH/s is too high for ROI now and that is slipping to the high end given the fact that BTC has dropped $100 this month. Pissing on Ntek for sport?

I have purchased things too. I have talked with builders of these miners too. I have met with a number of people that build miners and you know what most of them are not complete assholes and in fact you bought some units off me so you know I am not asshole. Ry and Ntek are not the same douchebags that come on these forums and try and sell crap to an unwary public. They have tried to put out a product that they designed themselves and remarkably they have given a lot even though they were screwed by the chip providers in this case as well as some nefarious engineers that led them astray.

You might want actually talk to Ry in person and get his take on this unit and his company price aside he is good people and so is his company. All I see here is someone that doesn't know Ry being a bit less than polite to a team that has really fought to get something to market and who has tried to make his customers whole. Given the douchebags in this marketplace you might want to spend your observational time on those that continually scam or lie to their customers. Ntek in my view is fighting the good fight and those are the types of companies we want here in Bitcoinland ESPECIALLY when they are US based. Given what I have seen from the US this company is a bright spot for the US given the utter BS we have seen from the US fabs since 2011.

Oh come on Darin.  I've seen you white-knight better than that before.  Try harder.

who have ntek miner 1.2Th/s or 2.4Th/s ?  I want buy, thanks

Please PM me or email nTek support so we can provide you with a download for the SD card image.