Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: mgoz on August 15, 2018, 02:11:06 PM



Title: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on August 15, 2018, 02:11:06 PM
Saw a bunch of paid PR on this recently and not sure if it's legit, but seems to be since they aren't just 3D renderings and supposedly shipping September 15. Also not sure if these are the same guys that started scamming everyone years back, but site says they were founded in 2017, so may be a different company with same name.

https://bittech.cn.com/

Two different models:

BITTECH One - $1470
28 TH/s @ 2200W

https://bittech.cn.com/img/1.jpg (https://bittech.cn.com/img/1.jpg)

BITTECH One Mini - $880
16 TH/s @ 1150W

Noise level of both is supposedly < 60db.

Found this older video, which makes it seem like they were initially only going to sell under service contracts, but appear to be selling direct now while also still having contracts if you want them to host:
https://www.youtube.com/watch?v=PX6Bc1JyAPY


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: suchmoon on August 16, 2018, 12:29:23 AM
A brand new "manufacturer" selling hardware that is more efficient than anything else currently available at prices too good to be true... caveat emptor.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on August 16, 2018, 02:09:02 AM
Prices and specs are similar to T2 Turbo and M10. Not more efficient than M10 or A9 if their specs are legit.

A9 is around 57 W/TH (30TH/s @ 1720W) - Price and shipping unknown
M10 is around 65 W/TH (33TH/s @ 2145W) - $1888 for 9/20 pre-order
T2 Turbo is around 83 W/TH (24TH/s @ 1980W) - $1350 and shipping now

Supposedly began construction for 9k units in Russian data center in April 2018. I do remember seeing some Russian miners that looked similar in design that were being called a Bitfury/Facemen B8 with similar 60db noise levels, but don't know if they were legit either. They list the B8 in their whitepaper with S9 and 841 comparisons, so maybe it was only sold there. I'm still skeptical.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: suchmoon on August 16, 2018, 02:27:33 AM
Only the T2 Turbo is currently available (in theory - I don't think anybody got it yet) and it's less efficient than the Bittech thing.

The noise level is unrealistic for a 2.2 kW miner in that form factor.

They are also running an ICO (https://ico.bittech.cn.com/), which makes the whole scheme super shady.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Steamtyme on August 16, 2018, 04:01:34 AM
Looks like they have a drawing and dreams.

Taking money now for their first product ever, the term *investomers comes to mind. Different approach to not make people wait 6-12 months to find out it's a fraud. It seems like the dumbest time ever to create a scam based on hardware with there being an ample supply everywhere, but who said scammers were smart. They are also launching a "service contract" that sounds a lot like cloud mining.

I guess I shouldn't jump to conclusions even Halong delivered, but until they have a working unit verified by someone trustworthy on the forum it remains vaporware.

The weirdest point for me is that they have 14nm chips for the "one", and 10nm for the "one mini". Why not rename the second Miner seeing as it is a new design, not really a mini.

Only the T2 Turbo is currently available (in theory - I don't think anybody got it yet) and it's less efficient than the Bittech thing.

On these chip sizes I'm pretty sure you are correct about them claiming to be the most efficient miner.

* First heard from FH, and loved the term ever since.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on August 16, 2018, 02:51:02 PM
People have posted photos of receiving T2 Turbo already, so it is currently shipping.

I agree this does look a little shady, but they do show a physical model running on Slush and have been available since May, but perhaps using them to privately mine. Regarding the One and Mini using different chips, the mini is actually a mini for their next model called the One S, which will use the same 10nm chips and supposedly be 36 TH/s @ 2600-2800 watts. Prototype not expected until Q4.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: vincl on August 16, 2018, 04:06:55 PM
Only the T2 Turbo is currently available (in theory - I don't think anybody got it yet) and it's less efficient than the Bittech thing.

The noise level is unrealistic for a 2.2 kW miner in that form factor.

They are also running an ICO (https://ico.bittech.cn.com/), which makes the whole scheme super shady.

i already got it.

check
https://bitcointalk.org/index.php?topic=3926710.msg44011740#msg44011740

and yes you are right, asic manufacturer + ICO = 200% scam xD

same shit as nodehaven.com/ (met them at berlin blockshow 2018)


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: sidehack on August 16, 2018, 05:40:23 PM
I sure hope NODEhaven doesn't turn out to be a scam, because I'm working with them on design. For the record, I specified compensation in the form of chips once they're available, so they better pull it off.

But I don't know anything about BITTECH.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on August 18, 2018, 10:14:11 PM
Only the T2 Turbo is currently available (in theory - I don't think anybody got it yet) and it's less efficient than the Bittech thing.

The noise level is unrealistic for a 2.2 kW miner in that form factor.

They are also running an ICO (https://ico.bittech.cn.com/), which makes the whole scheme super shady.

my t2turbo arrives monday the 20th

I think one guy does have one.

I am waiting on the demo m10 maybe 2 weeks.

no one has reached out to me this one yet.

so far  the lowest numbers I can do are on downclocked t1  about  92 watts a th
and down clocked avalon 841 about 93 watts a th.

the t2 turbo  should do  75 watts a tg on a downclock.

this gear is using bit fury  chips.  I never had much luck   getting gear from them.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 06, 2018, 08:04:44 PM
Prices dropped to $963 for BITTECH One and $549 for Mini. Shipping September 15-25.

Not sure on how to order them because they are now forcing you to purchase a minimum 3 month hosted contract for an additional $171, which doesn't make sense. Initially you didn't have to select a service contract, but now it defaults. Looks like if you set contract=0 in URL it will bypass it, but who knows if they'd accept order.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: suchmoon on September 06, 2018, 08:15:07 PM

Why are you still bumping this making it sound as if it might be legit? Unless someone trusted gets their hands on the hardware it should be treated as a scam.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 06, 2018, 08:26:18 PM
Because it's hardware speculation and those interested may want to purchase it. They have video of it running at least. Most vaporware has nothing but rendered images. I'd order one if I could get past step 2 during checkout.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: HagssFIN on September 06, 2018, 08:29:29 PM
Don't fucking buy it before someone has actually demoed that it actually exists.

Be careful.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 06, 2018, 08:41:01 PM
I have a lot of BTC from 2010 to burn. Trying to get one to prove if it's a scam or not.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: suchmoon on September 06, 2018, 08:54:18 PM
I have a lot of BTC from 2010 to burn. Trying to get one to prove if it's a scam or not.

I have a better way for you to burn your bitcoins: 1GeMZi5kYYhGTxQM2yQ5u7Gssb4rfaawe7

You can't prove anything because they're not shipping any tangible product. You'd get a "cloud miner" at best. So all you're doing is creating an illusion of legitimacy by posting this stuff here.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 06, 2018, 11:07:43 PM
all you're doing is creating an illusion of legitimacy by posting this stuff here.

Same could be said for every single piece of hardware that nobody has physically received yet, including GMO (also has an ICO) and the Whatsminer M10. It's why it's in speculation. GMO still hasn't shown a physical running model. Price drop on this makes it more attractive than both. People said the same about Halong and it turned out to be legitimate, although with ASICBoost.

I am waiting to hear back from sales on how their admin panel functions, ability to over/underclock, etc. Based on their demo videos, admin is accessible on local network, running CGminer, and not hosted/cloud-based like the 8 nano that some are speculating is producing fake hashrate through cloud mining.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 07, 2018, 01:15:36 PM
User guide is here: https://bittech.cn.com/img/software/bittech-guide.pdf
Certifications here: https://bittech.cn.com/img/certifications/

Can be under/overclocked and voids warranty. Can point to any pools you want. Service contract is for hosting. When selecting shipping method it's supposed to remove service contract.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: vincl on September 11, 2018, 07:50:03 PM
ASIC + ICO = scam.

easy math :P


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 12, 2018, 12:54:51 PM
Same could be said for every single piece of hardware that nobody has physically received yet, including GMO (also has an ICO) and the Whatsminer M10. It's why it's in speculation. GMO still hasn't shown a physical running model. Price drop on this makes it more attractive than both. People said the same about Halong and it turned out to be legitimate, although with ASICBoost.

I am waiting to hear back from sales on how their admin panel functions, ability to over/underclock, etc. Based on their demo videos, admin is accessible on local network, running CGminer, and not hosted/cloud-based like the 8 nano that some are speculating is producing fake hashrate through cloud mining.

Well the m10 whatsminer is on its way to me I have tracking for it and it is due Friday the 14th.

I have to say that if this miner exists it would be 2200/28000 =  .78 watts a gh or 78watts a th

The m10 is supposed to be under 70 watts a th

once I test and determine the m10 over this weekend I will look into this unit.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 12, 2018, 05:54:16 PM
ASIC + ICO = scam.

Wonder why Blokforge is selling GMO if ASIC+ICO = scam. Feel sorry for anyone buying those. ROI in 2+ years. 

The m10 is   supoosed to be under 70 watts a th

The mini model here based on 10nm, if legit, has similar efficiency as M10 at around 72 W/TH. It's more efficient than the larger 14nm model. Two minis would be about same efficiency as M10, but only $1100 before shipping. M10 should really be priced at $1300 or less to ROI in 9 months at $0.05 kWh. I was waiting for coin prices to go up some before purchasing anything that's currently selling as well as any reviews after ship dates. Bittech said they have already sold many of them and are guaranteeing stated September shipment dates. Weren't interested in providing units for review and said they'd expect live reviews after shipment.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 12, 2018, 09:46:28 PM
hey  I have zero evidence they exist and I am busy.

I am certain the M10 exists.

So  do I do certainty?

or uncertainty?

Since I have  the solar array which turns a certain profit with any gear I can only lose if I don't get the gear.

That is why I am getting the M10.

Once done with that avalon A9 and this gear come to mind.

I sent an email to bittech today.

Once again I simply want them to send the smaller model to me upfront and I will pay them for it if I like it.

If I don't like I will ship it back to them at my cost.

I have done this for 20 or more pieces of gear for 10 or more companies.

There has not been any problem for any builder of the gear in any case.

To all I suggest waiting to see this demoed by me or someone else that can be trusted.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 13, 2018, 10:31:28 PM
I have a reply !

they say are willing to  send a mini model to me.

Now to all please wait till  I get it.

https://i.imgur.com/aSxaK5P.png (https://i.imgur.com/aSxaK5P.png)


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: VRobb on September 13, 2018, 11:33:16 PM
Good work, phil! I look forward to seeing your review of this, and that other, miner!


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 13, 2018, 11:47:21 PM
Good work, phil! I look forward to seeing your review of this, and that other, miner!

I am stunned on the models coming out.

M10 ----------------------due friday the 14th
the bittech mini----------they promised on to me will update
the innosilicon t2turbo--- got it tested works good 82 watts on low speed 87 watts on medium

the GMO from Japan---- did not get replies and may be outdated
A new japanese miner today---sent an inquiry to demo it.
the avalon A9--------------------sent an inquiry to demo it.

pandaminer promises a 256 miner---- have yet to ask them for a demo.


Lots of freaking new players in the market.

but this mini could prove very nice.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 14, 2018, 03:06:17 PM
Cool. Must have caved in. I was telling them people thought they were a scam and they needed to have someone review. I was looking at their Slush stats and actual hashrate looks closer to 14.5-15 TH/s but a lot of fluctuations below that too. Will be interesting to see how it actually performs.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: minefarmbuy on September 14, 2018, 03:17:31 PM
Awesome, Philip will be our guinea pig for this. ;)


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 14, 2018, 05:59:07 PM
Cool. Must have caved in. I was telling them people thought they were a scam and they needed to have someone review. I was looking at their Slush stats and actual hashrate looks closer to 14.5-15 TH/s but a lot of fluctuations below that too. Will be interesting to see how it actually performs.

okay I asked for the mini and I am waiting for more info from them

I will continue to update


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Numanr on September 16, 2018, 03:49:08 PM
Has anyone received any product from them?
If not please notify us when you do


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 16, 2018, 07:09:09 PM
Has anyone received any product from them?
If not please notify us when you do

So far no new info still waiting for contact.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 16, 2018, 07:27:33 PM
contact made:

Quote
Bittech
  
PA
PHILIP A...
  Reply|
Today, 10:23 PM
Sales Team Bittech (sales@bittech.cn.com)
MVI 0647 - YouTube.webloc
316 bytes

Download  Save to OneDrive - Personal
Hi I am following up on the Bittech Mini one demo you promised to send to me.  There is a  lot of interest on this item on bitcointalk.org I have had multiple inquires about it.  Since it is the Mini  it is more affordable and many miners want to try it out.  They fear that it is not real and look for me to demo it. I just did this for the whatsminer m10  and would like to do it for you. I linked my youtube box opening of the M10 I did 3 videos for it.  I would like to do multiple videos of your gear as soon as I can.

Thanks again Philip A....


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Numanr on September 20, 2018, 06:12:17 PM
What does this email mean?


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 20, 2018, 06:38:26 PM
What does this email mean?

well I think they are  going to send me the gear this is the last info I got:

Quote
Bittech
 2
PA
PHILIP A.......
  |
Tue 9/18, 12:29 AM
Thank you I am looking forward to getting the unit.

send to  :
Philip A.......
1
Howell, NJ
USA
732 2....

Once I get it I will do the thread on bitcointalk.  do the videos on you tube and make payment arrangements to pay you in BTC or ship it back to the place of your choice if I don't purchase it. I would pay return shipping.

Best regards Philip A......
 
SB
Sales Team Bittech <sales@bittech.cn.com>
  Reply|
Mon 9/17, 3:19 AM
You
Hello, Philip
 
Now there are shipments of purchased miners from customers in many parts of the world. Under the plan, the sending of the miner will take place on September 22-23.
 
We will be glad to cooperate.
 
Best regards,
Sales Team,
BITTECH&LANLAND LIMITED
www.bittech.cn.com
 
cid:image001.png@01D4301F.7079B1D0

So I think they will ship one on the 23rd of sept.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Numanr on September 20, 2018, 07:01:00 PM
Thanks a lot, that made it clear.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: HagssFIN on September 20, 2018, 09:56:42 PM
Wow, cool news Phil.  :)


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 20, 2018, 10:52:48 PM
Wow, cool news Phil.  :)

Well this is a nice small power 750 watts I think and it should be pretty quiet.

price is decent I would pay the insane 27.6% donald trump fuck you china tax due to the lower price.

Have to wait and see.  Won't be long to see if they keep their word and ship it.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Aurelchan on September 24, 2018, 12:51:14 AM
Well this is a nice small power 750 watts I think and it should be pretty quiet.

price is decent I would pay the insane 27.6% donald trump fuck you china tax due to the lower price.

Have to wait and see.  Won't be long to see if they keep their word and ship it.

Any news?


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 24, 2018, 02:06:35 AM
Any news?

No it is about 10am Monday in China if I donít get a notice overnight I will email them again.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: oussy on September 24, 2018, 05:26:29 AM
It seems like a scam company ... they have for sale the "world first" neoscrypt miner and posted that they had an agreement with the TrezarCoin (TZC) team and then the developer of TZC posted

I got early access to this ASIC, they pointed the Hashrate to my desired Address, but it turned out that it was rented Hashrate from MRR. BE CAREFUL!


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: Aurelchan on September 24, 2018, 08:28:56 AM
I send a mail this morning for asking an ASIC picture dated from today or a video. They answer quickly that :

Quote
Hello,

 

We have the YouTube channel, watch the video there. Miners are stored in a warehouse in Shenzhen, and an office in Hong Kong, it is very far to take a photo or video.

 

https://www.youtube.com/channel/UCgdLYe-mDGU-m_iut7LsLCw

 

Best regards,

Sales Team,

BITTECH&LANLAND LIMITED

www.bittech.cn.com

Meen they can't proove they have stock.  :-\

Be really carefull!


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: philipma1957 on September 24, 2018, 01:38:36 PM
This has stayed in speculation as so far they are talk talk talk and no goods.

I am composing another email and will see if they deliver something.

So far not so good.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: HagssFIN on September 24, 2018, 02:28:26 PM
Yeah Phil I agree, less talk, more physical proof


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: minefarmbuy on September 24, 2018, 02:54:27 PM
Been dinking around their website. I'm not sure if their selling physical units or contracts for hash. Plus the ICO is bothersome. We'll be putting our resources into better places with everything happening in the mining arena.


Title: Re: BITTECH Announces New 28 TH/s ASIC
Post by: mgoz on September 24, 2018, 03:54:39 PM
I'm not sure if their selling physical units or contracts for hash.

They are offering both a physical miner and hosting contracts. The rented neoscrypt hashrate doesn't look good.