I heard a lot of "bitmine can you confirm?" questions in this thread.

And few of them (if any) where ever directly answered.


So I'll guess bitmine will NEVER confirm anything, ... but then I wonder what device I will get in the end???

When my package finally arrives, do I have to open it like a surprise box and only then find out what's in it???

I am really starting to wonder what this thread here is all about? Confuse customers? Escalate the rumours, instead of clarifying them?


That's why I don't understand that giorgiomassa does not see the need to post here atleast once a day and answer ANY questions the people have.

Especially the stupid noob questions (that should be very easy to answer). But no, he would rather have the noobs shut up. WOW! What a customer service.

Listen, answering those questions would take 5 minutes!


If he has time to go to the bathroom, he has time to answer those questions.

Yeah, the ******* virus is strong...

This is a good question. Those first 10 days are very unclear territory legally spoken.

Also, what's with the 10% per 10-days CPP anyway?
Can it really go on endlessly?
Or is the moment it comes to the third rule (61 day rule) also the moment the CPP "is supposed to stop" ?

Does bitmine assume/hope that people will always want their money back instead of them having to create devices with ever growing amounts of modules?

(I understand that many (most?) orders have been payed in bitcoins, before the spike to 1000 dollar in november.
Was bitmine clever enough and kept those bitcoins and made an enormous amount of money?)

But now: What if someone doesn't want his money back. Instead he insists on dragging the thing into the future, even for a whole year.
(like me who just wants his first miner to be a big machine, and will only mine altcoins anyway)

Will bitmine really give him a 360% upgrade?? What if we all did that?
What if this escalates, what if their chips run out, and they have to order new ones, etc..

What I want to say with that, is that this whole CPP is a complete disaster. For us and for bitmine.

It's a farce, because it can ONLY escalate.

Kei Problem.

It's the third week of march. The first week is supposed to be the first FULL week, no half week will count as first week.
So your week is 17 th -21st of march.

If I am not wrong, you have to take the friday of your week. Then Add 10 days. Then your CPP starts.
But remember, your CPP only gives you 10% additional hashing power for every 10 FULL days of active CPP.
9 active days after CPP start, and you still get nothing.

In other words: In the first 10 days your CPP is absolutely useless to you. It doesn't protect you, it protects bitmine.

So hanis verstande.

Indeed. WTF?

This is so hilarious (but also tragic), lets create a meme around this behaviour, shall we?

Something like:





In all seriousness, WTF???

Häsch recht, es fangt langsam a wirklich brenzlig werde für bitmine.ch..

Es git bald kei Usrede oder Geduld me.

No, you are doing that because you think that WE are stupid.

SO please stop spamming the thread here with your "bet".
People now know you are betting, and will approach you personally with a message.

Fine.

Then what is it, an "emulation"?
Atleast that's what the guy in the video himself says at 0:18: http://www.youtube.com/watch?v=SCIovZ_IJuk#t=41

"one single board emulating one coincraft A1 chip"

that's why I say simulation...

This prototype runs with simulated chips, not the actual chips.

I mean that's why end of december they wrote this post:

http://bitmine.ch/?p=4543

"First samples of the CoinCraft A1 demonstrated working!"

You see... why would they say so, if as you say they had a working prototype ready a month before that?

You said July/August, this is complete FUD.

You further said they have thousands of orders which is simply not true.


Yes, it might easily become march before they finish the first device.

I myself assume a two month delay for my february 1 week devices.

So we agree on that. I think that's an appropriate estimation based on the FACTS that bitmine hasn't shown any working machine yet,
and no screenshots of software, and no customer has yet send a message confirming that he has recieved a device.

I hope they don't underestimate the software, or we will have a "happy" beta-testing time as customers.

Well, that's the real meaning of bitMINE.

It's not bitYOURS

 

PS I lol, but the laughter sticks in my throat...

What kind of bet is that?

You have nothing to lose, ...  

Your stake should be something equally valuable.

Yes, this is absolutely FUD, you just claim things without prove.
Also there aren't really thousands of orders. If your order is for example #3711 it doesn't mean there are really 3710 or more devices to be made before it's your turn.
Like in every business, most orders are empty/dead or never recieved the money, etc.. Many customers think it over in the last minute when it comes to the payment.
So bitmine gives an order number for every order made, not every payed and processed order.

Also, for people who payed to get into an order, they have NO CHOICE to "eat it or not" as you say.
They can't go back from the contract, they have to wait about 80 days after the agreed shipment week before they can have their money back.

But that's the nature of this specific manufacturing business... so yes, things are not as they should be, but not as bad as you make it out to be. (july or august???) so that's the definition of FUD

Well yes, if you go to the length of faking your identity so you can game the system... but that does tell more about your character and has little to do with how bitmine order system works. :-)

What, are you going to send a device to your moms adress?  

"Son, today a very strange package arrived, what the hell is this???"

jk

You must be new here, let me explain.

Say I have two devices in one order, one device is 500, the other is 400, total 900 Ghs.

If they would say that EVERY device gets a 10% bonus, (making it a 550 and a 440 Ghs device) then we would end up getting a 750 and a 600 Ghs device, that's just the next biggest modul equipping that's possible.
(they can't give you 40 Ghs/50Ghs as you know, they have to give you FULL moduls, so a Full Modul for Coin desk is 200 Ghs, and for Coin rig 250 Ghs)

But if they interpret it differently, and put the 10% on the whole order, well now they can apply the rule in their favour. Because now, to meet the 990 Ghs, they simply have to give you a 200 Ghs modul on the smallest device and no more than that. (making a 600 Ghs out of the 400, and leaving the 500 Ghs, because 600+500 is already 1100, and that is MORE then the 990 they need to reach.

So you see, it is not mathematically the same, because there are rounding problems when it comes to FULL moduls. The smallest denominator is a Modul, not some fraction of it.

Definitely not.

Just take the written language of their advertizement and apply it like a lawyer would.

Don't assume anything, just read what they write. (don't consider any sales pitch you were told by the support, just only read the words in the contract.)

"For each subsequent 10 days of late shipping, we will add for free 10% more hashing power to your order as penalty."

I asked this question in many different ways.

In the end as we played out all the possibilities he even told me, that if you thought you were "a wise guy" and made two different orders for two devices more or less simultaneously (within a few days),
you would STILL only get one bonus on one device, because they would simply JOIN those two orders and make one order out of them anyway.

So really it is COMPLETELY out of the question that you will recieve the bonus on all your devices.

I am sorry, I was mislead by the sales pitch too, but their contract language is crystal clear.

  Yep, false hope is like a virus that sticks on you, and that is very difficult to get rid of.
I might just as well still be contaminated, if that is what you apply. 

Thank you sir.

This is the free market. It is important that the truth is made visible, it's the only way we can force good behaviour.

Since when is profit a "motive"...

Makes it sound like to have a profit is something criminal?

In a free market every trade is based on both parties making a profit.

If this wasn't the case it would mean that one was forced or coerced to do the trade to one's own damage.

 

Here I am, in my shipment week (1 week february) thinking that I might get 10% bonus if they ship two weeks later in the third week of february.

But now that I know that I will only get 10% bonus (on one device) if we reach first week of March (!!!) well, atleast I can sleep better now, because I don't have any dreams or false hope anymore.

So I think CPP is now crystal clear. It's like the worst case you can assume if you take the words they have written and apply them like a lawyer would.

Yes, there CPP sucks. It's to save THEM, not you.

Now the only hope I have left is that their manufacturing skills are good, so I get a device that can run in turbomode, has a long running life, and that I will recieve hopefully not later than a month from now.

Exactly. The wishy washy language they apply is now used against us.

Come on people, if we thought that we will get free presents from bitmine.ch we were completely fooled.

The unclear language means that you will always have to assume the worst case for yourself, NOT the best.

 

PS, Don't forget I am just repeating what this poor support guy tells me. He is under a lot of stress, and gets all the flak, and it's him who has to force his boss to finally come clean and tell it like it is. So I hope that everything is clearer now.
But still, guys, the written language at bitmine.ch is STILL deliberately in an unclear form.