Bitcoin Forum

So I did some research on both iceriver io as a distributor and iceriver io as a hosting platform. After a bit of a research i found out quite fascinating yet disturbing facts.

First of all, they have changed their allegedly business company name several times. From wha i've found out:

• None was written down on their website (Wayback machine 2023)
• Then they have changed the company name to "HANGDONG TRADING LIMITED"
• After that they have changed the name to another company name "Bgin Trading Limited"

I have also found all across the internet that they have a lot of orders, which were paid, but never delivered. You can find these scammed people all across the forums like bitcointalk, social platforms like twitter and else. A lot of these people share the same story. They made an order. They paid the order. Order was never delivered and iceriver io stopped communicating.

They also claim to be the official distributor of IceRiver machines... This claim is only to be found on their and their website only, there is no way you could outsource this claim, therefore the claim is not valuable at all.

Concluding all these points, I would say that it is not safe to buy stuff from this website, or atleast i would not recommend you to do so. LMK if you have a different take on this.

BTW they also offer a hosting platform to their "customers", but no evidence of real places or machines (photos, videos, etc.) is nowhere to be found. In the past they were focusing on selling the machines by themselves, but right now they started offering the hosting model of the machine, which can be deployed way sooner than delivery model itself, seems sketchy... It reminds me the times of HashFlare.  :o

If you buy ASICs, you can do this from trusted sellers on marketplaces. You will usually have time to inspect the equipment before your deal is closed and the seller receives your money. Before you start mining, talk to miner groups in your country and you will learn a lot of useful information.