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81  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 27, 2014, 03:10:12 PM
Oh seems Bitmain's official news feed is a little behind the times.

Bitmain is a different company from Bitmine.ch
82  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 27, 2014, 05:53:08 AM
I would be highly skeptical of that, considering the chips they claim to be using haven't been shipped as samples even yet.

If this were a genuine product, the timeline would be something like "two weeks" until they get chips, "two weeks" testing out their board design "two weeks" productionising it, "two weeks" working the bugs out of their production process, "two weeks" redesigning the Raspberry Pi controller after realising the design they stole off a Reddit post actually does something completely different...

Flashman, please see this link: https://bitcointalk.org/index.php?topic=294235.180

Coincraft A1 chip samples have already previously shipped. The production chips are scheduled to be delivered before the end of this month.
83  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 26, 2014, 06:24:42 PM
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.  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.


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.

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.


84  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 26, 2014, 04:54:51 AM
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.  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.


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.
85  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 26, 2014, 04:00:09 AM
I don't see any business entity in VA with ntek in the name:

Clicky

nTek Computers is part of RevUp Render, Inc.  

RevUp Render is a registered corporation in the state of Rhode Island. You can look it up if you like.

DOesn't matter, if your marketing under nTek, you need to have a business entity somewhere under that name. I own a small consulting business, I know how it works, I can't register under company X and sell stuff to customers under company Y when company Y doesn't exist anywhere. You can have wholly owned subsidiaries and even alias's, but they have to be registered entities somewhere. The ONLY possible explanation could be your John Doe DBA (doing business as) nTek. But DBA's have no affiliations with "parent" companies, so the whole RevUP thing in another state doesn't wash.

The whole thing just doesn't seem right. I'm not trying to bash you, but there's a ton of scams in this space. Reputable people with real products to sell, should either be saying I'm John and I've bought some ASIC chips by the dozen and I'm assembling some end-user products, and I might have some 2Th/s hashers to sell, or doing business under a real company.

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 soon 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.
86  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 24, 2014, 11:46:48 PM
I don't see any business entity in VA with ntek in the name:

Clicky

nTek Computers is part of RevUp Render, Inc. 

RevUp Render is a registered corporation in the state of Rhode Island. You can look it up if you like.
87  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 24, 2014, 07:03:45 PM
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  ??

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.
88  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 24, 2014, 06:37:45 PM
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
89  Economy / Scam Accusations / Re: 1th bitcoin asic miner scam BLACKWATCH TRADING EU .Ripoff on: January 24, 2014, 03:43:20 PM
We did not purchase anything at all from Paul Burgess. It was very easy to see that he is a scammer when he emailed fake photos and tried to pass them off as real. He then got angry when I asked him about the "photos" on the phone.

We are building a real 1200Gh/s miner based on the Coincraft A1 ASIC chips. I just want to make this clear because there are these posts with our company name and now information about Pual Burgess we are not associated to him.

At one point we were looking at getting Paul's 1Th/s miner to resell here in the United States but we have also been working on our own ASIC miners well before that. Quickly saw through the lies that Paul was providing and never sent him any money. The only reason I even considered it was because he was accepting PayPal for payments and it is guaranteed to get your payment back through PayPal if the seller does not deliver.

Our miners are real and based on 28nm chip technology which is very real.

Just wanted to try to clear this information up.
90  Bitcoin / Hardware / Re: ntek 1.2th/s miner? on: January 24, 2014, 03:29:23 PM
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!

miaviator, where does it say anywhere on our website that we are selling an ASIC miner based on 20nm technology???
91  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 24, 2014, 03:16:05 PM
We did not purchase anything at all from Paul Burgess. It was very easy to see that he is a scammer when he emailed fake photos and tried to pass them off as real. He then got angry when I asked him about the "photos" on the phone.

We are building a real 1200Gh/s miner based on the Coincraft A1 ASIC chips. I just want to make this clear because there are these posts with our company name and now information about Pual Burgess we are not associated to them.

At one point we were looking at getting Paul's 1Th/s miner to resell here in the United States but we have also been working on our own ASIC miners well before that. Our miners are real and based on 28nm chip technology which is very real.

Just wanted to try to clear this information up.
92  Other / Beginners & Help / Re: nTek Computers. 1Th/s Bitcoin ASIC Miner on: January 24, 2014, 02:04:35 PM
nTek Computers is not associated with Paul Burgess in any way.

I agree that he is a scammer because I also talked to him in the past and he sent me an image of his "miner." The image was clearly a very bad computer generated rendering. That was not the part that raised red flags though. The fact that he argued with me on the phone and tried to claim that it was a real photograph taken with a camera was just a straight lie.

At one point we looked into getting 1Th/a miners from Paul Burgess but at the same time we were already working on building our own for a while. Just like you said though Paul was offering to take payment through PayPal. That was the only reason I wanted to see if it was legit.


Do stay away from Paul Burgess...but again we are not associated with him at all.

We are building our own miners and getting the Coincraft A1 28nm ASIC chips directly from Bitmine.ch

You can call or contact Bitmine and ask them if we have purchased a large quantity of chips.

93  Bitcoin / Meetups / Re: North American Bitcoin Conference - Miami Beach - Jan 25 & 26th, 2014 on: January 21, 2014, 11:08:25 PM
Why is Butterfly Labs the only bitcoin mining hardware vendor exhibiting at this Miami BTC conference?
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