No wonder BFL and their brethren are able to operate. Critical posts that (exceed a certain threshold) about hardware companies end up moved away from the hardware forum. Talk about selection bias. Hardware companies accused of being scams get moderated back to legitimate status.
Newbies will visit the hardware forum, see no threads about scams and think everything is safe and sound. Not that it matters at this point, I think the bad actors may have poisoned the BTC well past redemption. Time will tell.
Allowing them to advertise here is a much worse things to do than having no scams threads in the Hardware section, but you have a valid point even if the BTC isn't well past redemption. BTC will live no matter how many Inaba tards there will be out there.
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... Are you having trouble with that word, Ken?
lol, just one of many... And people expected him to design an ASIC chip. Trust: -4: -1 / +0(0) Warning: Trade with extreme caution! Don't come back here ken. Scammer!
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We have already started sending out the first payment. We intend to pay refunds as soon as we receive the form and can process the request.
Trust: -4: -1 / +0(0) Warning: Trade with extreme caution! Thank you for doing business scamming here. Please move to the jail that you deserve and don't ever come back.
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There's a big difference between offering each other help while patting each other on the back versus conversations that devolved into scathing abusive attacks.
Read those moved threads and tell us which one do you think deserved ckolivas' judicious moderator ban hammer love tap?
That is a really simplistic view of what has been happening in these forums. Standard SPT referrer program participant tactics seem to be: 1) escalate any remarks mentioning the pre-order nature of the SP30, the lack of any refund or delivery guarantees, and the questions about whether the SP30 will ever recover its cost into mudslinging contests with the first willing participant, then run to the mods to get the comments deleted 2) troll the other hardware threads spreading FUD about Bitmain, KNC and others to a degree far worse than anything that happens in this thread. Lets not focus on which thread deserved what. Lets focus on the important issue we were discussing: what is the likelihood of the Aug. and Sept. SP30 pre-orders recovering their cost before they operate at a loss. The burden of proof should be on Spondoolies to show a reasonable case that SP30 retail customers will ROI, not on potential customers to show that it won't. Please show me proof for the FUD about Bitmain. I thought this thread is about the SP-Tech company and its miners, not about ROI and not about the case for the customers. Each vendor's thread should be about the vendor and the products, not about financial speculations. When there are 10 different topics in 10 different areas makes it difficult to find information and follow along. If an SP30 can bring home 9 bitcoin before it starts losing money then you will ROI. Maybe a year? If not or you will never catch up, then it will never ROI and you'll have a nice BTC machine.
This has been discussed so many times already. As stated before I think there is a small misconception about the bitcoin ROI. Buying and holding 9 bitcoins raises the question of when you exchange them back to fiat or what are you doing with them while mining gives you more options.The way I see it it this: - Exchange rate doesn't move for 6-12 months: - Buying and holding makes 0 profit; - Mining will show a profit because there is less incentive to deploy new hashpower - Exchange rate goes up (fast or slow): - Buying and holding will show a profit, but uncertain because of the moment of exchanging. Will you exchange at 1000$, 1200$, 1500$ and so on. If you exchange 3 bitcoin at 1000$ and next month you have a 1200$ rate then you lost some profit there, while mining tends to smooth a bit this; - Mining will always show a profit if exchange rate goes up. I realize that it will be smaller than buying and holding if the exchange rate will go up fast, but since nobody doesn't know the future I prefer the conservative way instead of the lotto way. There you have it. Out of 4 possibilities only 3 will show a profit and 2 out of 3 are from mining. It's everyone's choice how he plans his financing. All ROI discussions sums up to the above for me and I feel that it's a very over discussed general subject. Comparing competition offers in terms of pricing and performance is one thing, but the ROI discussions tend to be more a matter of personal preference and speculation than a neutral thing like pure hardware performance.
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a September SP30 won't ROI at all at the price it is sitting at.
+1 Estimated Next Difficulty: 16,899,830,784 (+25.53%) What are the chances of the August SP30 buyers getting a ROI ? You had your answer. Maybe stop trolling repeating yourself?
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IS node
LOST CONTACT WITH BITCOIND for 3.1 minutes! Check that it isn't frozen or dead!
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a September SP30 won't ROI at all at the price it is sitting at.
+1 While I do love the SP10, simple set-up, great OC settings, solid construction. My 2 GB (3200) have lost me approx 30.00 USD to date. This is due to the rise in BTC after I bought. IF I expect another rise in BTC (which I do) then the SP30 will suffer from the same uphill climb to get over the difference. Add all that to another 5-7 diff. increases between now and Sept. and a $5200 SP30 WILL NOT ROI, especially if there is a large BTC/USD increase. Sorry SPTech too far and too pricey. Maybe https://bitcointalk.org/index.php?topic=656170.0 ?
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Hi Ken,
I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.
If I send you my BTC wallet ID, when can i expect the refund to be done by?
Regards
Good luck with your refund. Ken is nowhere to be found so you are alone. Try their thread in Securities forum. Thanks. Could you please share the link? I'm getting lost in all of these threads. Thanks https://bitcointalk.org/index.php?topic=462370.0Check Bargraphic's latest post and be sure to report them to the authorities especially here: http://www.woodlaw.com/cases/virtual-mining-corporation-and-active-mining-corporation
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Hi Ken,
I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.
If I send you my BTC wallet ID, when can i expect the refund to be done by?
Regards
Good luck with your refund. Ken is nowhere to be found so you are alone. Try their thread in Securities forum.
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i gotta email yesterday saying i have 5 days to pay the full amount [65%] for my order otherwise i would be moved to another batch
i have checked the T&C and this is a breach of contract, also considering i would be picking up the product from Holland in person and triple checking the machines
i have yet seen proof of any scrypt based machines and getting a little cold with my deposit
yeah... i also received email... well... i go to batch2 that they said is about 1 month after BATCH1... They said will send in end of this year... Why do you send money to someone without a real and solid proof of a working miner?
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If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.
These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.
Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments... But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.
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Wow, you are clueless... no, wait... CLUELESS. Ask an EE about rollout of a new concept item sometime. Up until then, your ignorance just shows you deserve the tin-foil hat you wear.
I may be cluesless, but you are the one in a managing position that was frustrated by his or the others incompetence while you were swapping microscope components by hand. Also the continuous delays from BFL show how good are the people that run this scammy business. Of course there are some other reasons like mining with customers hardware or selling it to someone else, but the technical and the managing skills are clearly lacking in this company.
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P2pool node in Israel now active and accepting miners, if you have your SP10 hosted with Spondoolies-Tech and you want to mine p2pool; Middle East p2pool node is now active and accepting miners point your miners to; http://me.centralcavern.uk:9332username is your bitcoin wallet address password can be anything. good luck! also Iceland - is.centralcavern.uk:9332 and Europe - eu.centralcavern.uk:9332 enjoy! Thank you!
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So you're not interested in the facts, just trolling. Thanks for clarifying that; I'll stop wasting my time answering you.
I am interested in facts. Facts which you are evading to tell and you put me to search for them. If you say that the bet should have been a Win for BFL then you must know the terms for the bet. Putting me to search for them is a waste of time. If you don't know the terms for the bet then you just talked without nothing to back it up, but I am sure it's not your case. Please tell us why should the bet be a Win for BFL! Only because there was a shipping label which was never actually used for a long period of time? https://bitcointalk.org/index.php?topic=165500.0Problem was the title of the bet was at odds with the description of the bet which is why it was classed as a draw (rightly or wrongly, I wasn't involved so am not interested) Thank you. As I said the bet was made by a rushed person, not by lawyers. I am sure that he wasn't even aware that the title is part of the agreement. What matters is that the scope of the bet was is BFL will ship units before 1st April. They clearly haven't shipped anything before or on 1st April. They didn't ship anything the whole April and May month. That's what matters. Luke-Jr says that the bet should be a Win for BFL because they clearly shipped so many units before 1st April. Edit: Unfortunately the bet was made so horribly wrong because it only asks for a hashing proof. Not having the unit in hand. Worst bet ever! But thank you Luke-Jr for helping scammers from BFL to get a draw on that bet by posting the required pictures 30 minutes before the deadline. We really need more people like you!
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It's either you or me searching; I already know the conclusion, so I don't care to take the hours looking through the thread (stupid bitcointalk won't let me download all the posts in it for some reason). If you say that the bet should have been a Win for BFL then you must know the terms for the bet. Putting me to search for them is a waste of time. If you don't know the terms for the bet then you just talked without nothing to back it up, but I am sure it's not your case. I knew the terms over a year ago when it was an active topic. I recall the conclusion (that it should have been a BFL Win), but not the details. Ok. I won't search and you won't either. I remember that bet was for BFL delivering units before 1st April. No matter how you or me interpret the terms of the bet, the purpose was the same. No matter happened with your unit the facts remain and those are that the next unit and even your unit left BFL 3 months later. This whole discussion on the terms of the bet is pointless for me. The bet wasn't made by lawyers or by someone who can state some neutral terms. Bet was made by a normal person and he put what he thought to be decent terms for it (unfortunately very vague and arguable like in our case). Trying to twist the bet statements is a waste of time since BFL really failed to deliver units before 1st April. Even if they have physically delivered the unit to you it was still a twist because next units went out of the door 3 months later. I realize that in a court that would stand as a win, but in real life you get shit on your door and some human parts stuck in your holes for such gimmicks. Carry on!
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So you're not interested in the facts, just trolling. Thanks for clarifying that; I'll stop wasting my time answering you.
I am interested in facts. Facts which you are evading to tell and you put me to search for them. If you say that the bet should have been a Win for BFL then you must know the terms for the bet. Putting me to search for them is a waste of time. If you don't know the terms for the bet then you just talked without nothing to back it up, but I am sure it's not your case. Please tell us why should the bet be a Win for BFL! Only because there was a shipping label which was never actually used for a long period of time?
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I will contribute with 1 BTC if you bring Sam Cole to justice! Just do it! Contact a lawyer first then go to the police!
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I can't find the original terms of the bet, but please enlighten me why it should have been a Win for BFL. I'm sure it's somewhere in this forum thread. Thank you for being evasive. So you state that the bet should be a Win for BFL, but you don't want to back up the statement with anything. I won't bother searching for it (maybe k9quaint will do it), but anyone can create a shipping label anytime and can use it at a later time (like in your case) so that can't be your reason, as for actually having the unit that is off too since you claimed to have it in BFL's warehouse. So that's it everyone. Luke-Jr thinks that the bet should be a Win for BFL because they created a shipping label and they plugged his unit from their warehouse! This is his definition of having the unit.
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So since the unit wasn't actually delivered to you then it's fair to say that the bet should have ended as a Lose for BFL and the one that made the Draw decision was wrong. By the terms of the bet, it actually should have been a Win for the BFL side. I can't find the original terms of the bet, but please enlighten me why it should have been a Win for BFL. Not English native, but having something that hasn't been delivered yet is weird for me. Quote from: Miner99er on April 01, 2013, 08:21:13 AM For this bet to be won tho, there needs to be a shipping label and/or tracking number.
Luke's reply: There is, but I'd prefer not to give the trolls my personal info. There was no shipping label at the time of the post if the unit was in BFL's warehouse. Lie again. Or there was a shipping label ready sitting right next to the unit in the warehouse. The latter (where the label physically was, I don't know - but I was given a tracking number). No shipping occurred before or on 1st April. I never claimed it did. So you claim that you received a shipping label, but the unit was hashing in BFL's warehouse? When exactly did you received your shipping label and when did your unit stopped hashing so that it could be sent to you?
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You claimed you had your ASIC device. You claimed you had a shipping label and tracking number for the device Both of which were true. Of course both are true, but tell us how close were you to the actual miner at the time of the post. Have you actually touched it or it was at BFL warehouse at the time of the post? I may have touched it a few weeks earlier when I was there in person, but it was being hosted by BFL until the rest of my order was ready. Where they had it physically located (their warehouse, office, or whatever) I don't know/care. So since the unit wasn't actually delivered to you then it's fair to say that the bet should have ended as a Lose for BFL and the one that made the Draw decision was wrong. Also your statement from here https://bitcointalk.org/index.php?topic=163261.msg1713137#msg1713137 is just a lie because you didn't had the unit at the time of the post. BFL had your unit, not you. Quote from: Miner99er on April 01, 2013, 08:21:13 AM For this bet to be won tho, there needs to be a shipping label and/or tracking number.
Luke's reply: There is, but I'd prefer not to give the trolls my personal info. There was no shipping label at the time of the post if the unit was in BFL's warehouse. Lie again. Or there was a shipping label ready sitting right next to the unit in the warehouse. No shipping occurred before or on 1st April. There goes your credibility in this whole story since you covered up for BFL. And 1000BTC is 1000BTC no matter the exchange rate. Yes, but 1000 BTC is not $600,000 no matter the exchange rate. Pretending it had today's value is what is ridiculous. I agree.
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