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921  Economy / Scam Accusations / Re: Attention A Technobit.EU on: September 27, 2014, 03:14:32 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
922  Economy / Scam Accusations / Re: Technobit.eu SCAM ALERT (Fraud, Scam, No Refund, wrong promises) on: September 27, 2014, 03:14:22 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
923  Bitcoin / Hardware / Re: Is withholding Mining Machines fraud and does that provide for a damages claim? on: September 27, 2014, 03:11:56 PM
Here is a company that does that at regular intervals.

Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
924  Bitcoin / Hardware / Re: [ANN] Technobit HEX16A2 - 24 Ghs - 50 EUR 48 h shippment on: September 27, 2014, 03:08:37 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
925  Bitcoin / Hardware / Re: [ANN] Technobit HEX16E - BE200 based 16 chip board on: September 27, 2014, 03:07:31 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
926  Bitcoin / Hardware / Re: Help with technobit hex16a2 on: September 27, 2014, 03:04:51 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
927  Bitcoin / Hardware / Re: Technobit HEX4M - 400GH BlackArrow based miner reviewed on: September 27, 2014, 03:03:16 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
928  Bitcoin / Hardware / Re: [ANN] Technobit full minig solution 4HEX16e - 600 GHS on: September 27, 2014, 03:02:10 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
929  Bitcoin / Hardware / Re: [ANN] Technobit HEX8A1 -240 GHs Coincraft A1 board- Finished production on: September 27, 2014, 03:01:44 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
930  Bitcoin / Hardware / Re: Technobit Fucks Us Over Again on: September 27, 2014, 03:01:14 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
931  Bitcoin / Hardware / Re: New Technobit project HEX4RB - 4 chip RockerBox ASic based board on: September 27, 2014, 03:00:25 PM
Technobit  Up to 10 week delays in shipment of some customers Minion Group Buy Units.

The hurt / delays continue for some customers of Technobit who have paid substantial amounts for miners over 10 weeks ago.

I agree with scrappy here, Batch 1 should of been sent out by now. reading the thread its totally unprofessional sending out small orders first.
i see some people waiting 10 weeks now for there order to be shipped out and nothing. Seems people with large orders are getting shafted.

I think compensation is due MARTO!!!!

People have been patient with you since you had a problem with the boards, but this now seems to be resolved.
So what exactly is going on??

i do not what to take legal action as BFL are facing and now KNC miner, marto.
You really havent provided any updates to people with large orders on the forum at all.

Please provide a clear update on what is going on and when everyone's orders are going to be fulfilled and compensation package.
with have been patient, but you have taken are patience for granted now.

There is seriously something wrong with this thread. Folks Martin has yet to deliver batch one yet we have 3 confirmed cases of him shipping batch 2. He says "small orders" Fuck that shit. Mine may have been large and paid in fiat. I have as of to date received 6 of 50, and Marto has promised 6 shipping dates and only sent once!

 Guys, enough of the bullshit.

 I paid in fiat for a flat conversion, have been lied to about shipping, and seen batch 2 orders go out before mine. Check the thread, I was in page 2 and traded in 2 x3's and paid in fiat. I know I am not alone here as I have spoke to many of you in pm's. Enough with the BS, bring it.

scrappy do, dam so shipments are just trickling out. i would of thought at least batch 1 would of been completed by now

I haven't received a single one of my 88 boards. My chips have been at technobit since July 17th.

Marto any news when batch 2 will be shipped, its been over a month now since you received my chips. ive emailed you on your site, 2 weeks ago and no reply.
would like to know whats happening with those.

you going to be offering any compensation for late deliveries now. awaiting 25 boards  Angry and counting

 No offense Guyver, but he hasn't even shipped batch one out. Hopefully he will not ship out anymore batch 2 like the mistake made last week. I just got my first partial shipment today 6 of 50. I know its been over a month for you and I hate it, but it has been over 10 weeks for some of us.
932  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 02:53:14 PM
AMT Ran off with people's money failed to deliver most of orders taken in by the company

Thanks to opieum2 for the link.


Forgot about AMT in there, the village idiots version of BFL complete with its own Josh Wink

http://amtminers.wordpress.com/ all the threads opened about them are referenced in the page.  
933  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 02:03:11 PM
WILL IT ROI or NOT ROI?

That is the real question consumers want the answer to at this point beyond the will they scam me or not.


There are growing concerns from all miners that 'ROI' could be hard or impossible to achieve by even the most reputable companies like AM, BitmainTech or SpondooliesTech. Make sure you invest more time in calculating potential returns before making any purchase from companies on the Thumbs Up list.

Sample of Debates on "Value":

This goes on in nearly every fabricator thread between Fabricator Fanboi's. What is really funny is the same people argue both sides in opposite threads. Pffft... funny. Grin but seriously home mining at this point is pretty much not a viable option.

why bother pay 14.9 BTC for these when they can only produce like 9-10 BTC ?

So I take it you have a magic crystal ball too?

Mine says these can easily break even with cheap electricity.

lol, you are a joke

even with free electricity they won't ROI.remember they will start shipping in at least 2 weeks from now, you need to pay import tax in your country,and you also have to buy PSUs, cables etc.
you have all these for free ?

If you have to pay 25% import tax you are automatically disqualified from mining, sorry I had to break the news to you. And yes many people have free psus/cables but you can always buy cheap server psus for $25/kw.

Quote
let's run a small simulation assuming everything will be in our favor, the small miner:



-only 15 % diff increase (which we all know will be much higher)
-14 TH/S
-free electricity

you will still be in a negative -7.7 BTC in more than 1 year from now on.after 1 year 14 th/s will be worthless

If you've been following the difficulty you would know that the growth rate is slowing down not increasing and it's less than 15% average. The low btc rate will only add to the slowing.

Even in your unrealistic scenario where difficulty growth stays constant at 15% you can still ROI because the actual price of the 14TH is clearly 15btc not 23btc.


Same Debate Different Fabricator Thread on "Value":

So you now admit that you were trolling and talking rubbish about competitors in their thread while praising Spondoolies?

Praising SP-Tech, maybe, but talking rubbish no. Since you refuse to show some examples I am sure that you, as an AM shareholder, have a different way of digesting the reality and the facts when presented to you and that's why you see it as talking rubbish. Until you will present some evidence of talking rubbish your statements are worthless for me.

I wasn't praising AM. In fact, the information I provided showed that the SP35 would be the most valuable miner if all delivery times where immediate, network hash rate was static, BTC price was static and cost of electricity was static. It also showed that the SP20 would be forth, with the S3+ B9 second and an AM Tube in third place. As it stands, the SP20 is just poor value. That's just how it is and nothing you or I say will change that. Only Spondoolies can fix it.

Then why are you so shy to present yourself as an AM shareholder before giving mining advices? Wouldn't it be fair for everyone to know that you have a biased opinion just like you accuse me of having?

Voice of Reason on Value:

Sorry but I paid good money for my magic crystal ball and I'm not about to give away prophecies for free.

But anyways here's a scenario where these could turn a profit: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=29829733124&dcosts=650&diff_mincrease=15&blpbtc=25&dhsmhs=
1480000&diff_mincreasedecrease=4&btcusd=400.11&dpowcon=1100&btcusd_
mincrease=2&pcost=0.05&calcweeks=32&dleadtime=2&action=calc

I think your first line is far closer to the truth of any ROI calculations than the link Smiley

Nobody knows how long it'll take for these to ROI (if ever) simply because nobody knows what's going to happen to USD/BTC exchange (if calculating ROI by fiat), nor the difficulty (if calculating ROI by either fiat or BTC).

But with the link in place, which is a highly optimistic estimate, there's specifically the issue of the difficulty.  Right now it suggests break even by 2015/06/13.  However, the next difficulty jump is in just 3 days.. (which is probably about as fast as you could get these sent your way if they even shipped right now), so click the 'next estimate' button, re-calculate, and hey presto... no more break even.

Additionally, if you bought $650 worth of Bitcoin right now at ~$400/BTC, you'd get 1.625BTC.  According to the original calculation, it fizzles out after 2015/12/10, having given 2.44433BTC in revenue, or 0.81933BTC profit.  At that time, the exchange is $833/BTC, so fiat profit would be $682.50.  On the other hand, that 1.625BTC would at that time be worth $1,353, giving a $703.60 profit.
( It's actually a bit worse for the harware, as this excludes operating costs. )

So not only does that scenario seem doomed to fail due to the realities of the impending difficulty increase, it's doomed to fail because you'd be better off buying and holding the BTC.

As much fun as these calculators are for giving lower/upper bounds based on some numbers one plugs in, they're still inferior to a proper crystal ball  Wink

( The above is not a commentary on whether or not these will ROI - I'm with jimmothy on that one, get your own crystal ball. )

this guy must be very dumb or be working for friedcat.  Grin  which one is it ?
Neither - he's just handing out a healthy dose of reality; people asking about ROI need to do their own calculations/guesstimates.  His initial statement holds true, regardless... even if it never ROIs, it never ROIs faster than anything else out there due to the favorable price/GHash and W/Ghash.  Or is that slower... hmm.. brainhurt.


Notes from TheRealSteve:

Quote
While the basic concepts (and some derivatives I didn't touch on in there, like mining vs holding, mining+periodical selloff vs mining+holding, etc.) apply to the big boys as well, I feel it does the current 'discussion' (antminer S4 vs AsicMiner Tube/Prisma vs cloud hashing .. there's probably more) a bit of a disservice by not delving more deeply into the more intricate parts;

For StickMiners, for example, the hashing performance vs price is generally so poor, that the energy efficiency vs hashing performance is a moot issue.  For the big boys, to those who have the physical hosting, energy contracts, etc. in place, it is quickly becoming one of the primary deciding factors, along with things like depreciation, RMA turnaround, etc.  Others would also certainly be more qualified to write an eloquent post on that (although I feel there should already be one out there).  Though if I had to summarize for the general audience, I'd certainly agree that 'home mining' of Bitcoin, for net positive financial ROI, is dead for anybody who doesn't score a free miner and/or doesn't have to pay for power.
934  Economy / Scam Accusations / Re: AMT users thread. on: September 27, 2014, 01:56:12 PM
Make sure to file a report with the FTC. For those who lived on Mars, FTC recently closed down butterflylabs, and its CEO is most likely returning to jail. Butterfly labs was arguably less scammy than AMT. So file you complaint and ensure Josh, Josh and Sonny can share a cell Smiley.

FTFY
935  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 12:08:24 PM
Bitmine delays, no refunds just sad miners who want compensation.

Nothing changed for Bitmine customers over the week just hurt and pain.

Has anyone gotten a refund?  Was that just a another lie by Bitmine and Giorgio Massarotto?  I mean seriously can anyone tell me if this is a valid company or a big scam?  They don't respond to emails or phone calls.  They are never at work and of course no machines or refunds given.  I'm truly screwed because I used my savings to buy a machine from them and now I have nothing.  They write on their website why we should trust them but it has almost been a year since sending money to them and I have nothing.  Bitmine and other companies like Bitmine is why less and less people are going to trust Bitcoin.  I have already given up on Bitcoin just because of this and now out $6000.  I hope that they get sued and they get shutdown since they are still "selling" a product that they have yet to produce and/or refund multiple customers.  This is a warning to all that want to buy from Bitmine....DON'T DO IT or you will end up like me.  Broke and wished I hadn't done it.  What a world we live it...and then people wonder why we can't trust each other.  Shame on you Giorgio Massarotto...you truly are a clown!

Basically same story here.  I ordered in Nov 2013 and have been asking for a refund for several months now.  They have ignored my emails and I have even asked to have my order value switched to cloud hashing but my emails are completely ignored.  Living in North America I feel pretty helpless against this scamming company.  I'm only out $3500 but fuck this bitcoin shit.  I was willing to take a small gamble on mining and understand I would have basically lost that bet even if they delivered within a reasonable time frame but to be outright scammed is disgusting to say the least.

I hope Karma shoves a great big chainsaw up their collective assholes, they truly deserve it.

STAY THE FUCK AWAY FROM BITMINE, NOTHING BUT A SCAM OPERATION!!!!!

To take a quote from the BA thread.

RETURN OUR MONEY
936  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 07:39:57 AM
  Cointerra customers banding together for a lawsuit

Cointerra should be avoided they still have not refunded and or compensated all their customers.

I am glad I found this post. I might join as well.

They have declined to provide warranty support for my machines, does not perform to spec.

I'm interested in joining this lawsuit as well.

Original Post

Hello all,

After reading all of the customer's nightmares on the Cointerra forum about the Terraminer IV, we've decided to take action. We've also received sub-par machines and/or non functioning Terraminer IV's from Cointerra along with, it seems, 50%+ of the customers. If you have been a victim in this false advertising, non-responsive customer/technical service etc.. send me a message and we can include you. We'll keep you posted along the way. Our lawyers have been on this since last week. Feel free to message or email me. We'll be gathering everyone's specifics and getting down to business. What they are doing/have done is illegal and they will not be getting away with it.


Thank you,


J.R.M.
C.E.O
LKC Services, Inc.
web: lkcservicesinc.com
web: locksmithkeycodes.com
web: lkcsupplies.com
web: replacemyremote.com
web: etownshop.com
email: jmorrison at locksmithkeycodes dot com


More Customer Complaints:

April 4th Requested Refund after email from Cointerra.
April 4th "Ellis" replied request received and it would be "2-4 weeks to process"

May 21st Received "options" email, immediately requested refund and status.
June 30, sent email requesting refund status.
Aug 6th (7 days later), "Laura" from support said they were "processing refunds" and I was "still on the list"

July 2nd Received "zendesk" email "assisting me with my refund process" offering the mining contract, requested refund and status.
July 2nd Received "notified our finance department" and "Richard" closed the ticket.  Requested refund and status

July 9th, got mailchimp email "CoinTerra Refund Status Update" which stated it was scheduled to be processed on 07/29/2014

Aug 6th, sent email requesting refund status.

To date, no reply nor refund.

Status Update
=========

Aug 13th, sent email to jc@cointerra.com referencing this thread
Aug 13th, sent another email to support, referencing my #####, asking status and refund.
Aug 15th, "jc@cointerra.com" replies stating "setbacks in processing"
Aug 18th, "jc@cointerra.com" replies "escalated up your email" and "slated to be refunded in the next batch"

Sept 22, sent email to "jc@cointerra.com" asking for status and refund.

To date, no refund.
937  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 06:09:10 AM
Asicminer Prisma Brief - A New AM Miner for October  

ASICMiner Prisma is based on a proprietary X48 design for BE200. Greatly reduces power consumption of the device per GH/s compared to the X24 design.

Brief
ASICMiner Prisma is based on a proprietary X48 design for BE200. It greatly reduces power
consumption of the device per GH/s compared to the X24 design.

It takes the same cooling structure and similar form factor as the ASICMiner Tube,
while being even more efficient and compact. Also, we added cgminer support on Raspberry PI.

Spec
Hashrate: 350-370GH/s per hashing unit in normal mode, 1400-1480GH/s per full device.

Power consumption: ~0.67 W/G board-wise. On-wall power consumption relies on PSU
efficiency. (typically 1050-1100 W per full device, 0.75-0.78 W/G)

Size: 35cmx12cmx12cm per full device.

Weight: 7.5kg per full device.

Powering: One 6pin PCI-E plugs per hashing unit.

The hashing units are driven by ethernet controllers. It can also be driven by cgminer on Raspberry PI.
Each ethernet controller or Raspberry PI can run up to 32 units.

Consumer Comments:

These look cool and all, and the Prisma seem to be a more efficient miner than the original Tubes.

All that said, I'm with the others on this one, doesn't seem to be any ROI in sight unless these somehow ship this week, not in October.

Either way, well done FC/AM for continuing to tweak and pump out these new designs at decent rates.  The 14 BTC for the 14 TH/s will never return that amount back(difficulty, PSU costs, import tax costs, shipping costs, cabling costs, cooling/electrical costs etc), but at least they're giving miners a good buying option compared to BFL, KNC, BA, AMT, Cointerra etc.

Great to see FC still pumping out new devices.

In the end you are really betting against difficulty. With the tubes it was a ~7% diff rise for ROI. I haven't calculated it with the prisma, but again it'll be around that level.

With btc not rising/declining recently, I think we may see a much slower rate of rise (even look over the past few months).

I may bite depending on final price.
938  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 04:43:30 AM
Spondoolies Tech customers see the effort being made.

Clearly the CEO and Tech Support are on the forums. They are responding to questions and giving answers without trying to hide from their obligations.

Personally, I like your direct no-nonsense approach.

The main thing is that the CEO is active right here on the forum... so communication is happening, questions are answered, responses are being made. We've got great tech support right here too.

It's like night and day compared to many other manufacturers.
939  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 04:38:39 AM
Minersource FTC complaints being filed

Minersource has been slow to refund and provide adequate answers to questions by consumers for several months now and it is continuing.



You can file a Small Claims Court online against MinerSource. If you have a single X1, then it's probably not worth it. But a larger order would be.


This is my last option.  I just filed my complaint case with the FTC and already have the BBB under review.  I will look into small claims unless we have some collective legal action being undertaken thus far by any others.  I will definitely join if we have any such claim in the works.

Minersource fails to refund then force shipment on this customer.

Well I believe they are banking on the fact that people's orders are small enough that it won't be worth their time suing. Please contact me if you're considering the option of suing Minersource, thank you.

I just received in the mail the Prospero X-1 that I requested a refund on several times over the last several months. It showed up and I said to myself, "Son of a bitch, it's here. I may as well cut my loses and use it." So I took it inside and plugged it in. After plugging it in and setting it to the right pool/worker I noticed it was running very hot. I examined the outside of the box and noticed that the fan was not spinning. I figured, maybe it was being obstructed by something, so I disconnected it and used a paper clip to manually give the fan a little push. It spun around fine, so I figured it must be a fluke and that I should try it again. So I plugged it back in and was immediately greeted by a loud pop and a shower of sparks. I'm repackaging the device now and taking it back to UPS to refuse delivery and have it shipped back to minersource. You now owe me a full refund plus the cost of shipping it back to you. Just be thankful I'm not trying to sue you for personal endangerment.
940  Bitcoin / Hardware / Re: [GUIDE] B's Moderated Biased & Opinionated Miner Sellers Trustworthiness Guide on: September 27, 2014, 04:36:19 AM
Black Arrow Refunds / Miners had been promised, neither delivered to customer satisfaction

Black Arrow still failing to refund people.

Legal action is definitely possible.
 
This article has some interesting info on suing a Chinese Company from the U.S.- http://www.chinalawb...ted_states.html
 
According to a business lawyer friend of mine, the FTC can request that a Chinese company's funds be frozen while litigation takes place. He also said that U.S. companies and consumers sue Chinese companies often, and that they have decent success.
 
I personally haven't considered it yet, but if someone is willing to organize a class action suit, I'm sure plenty of people would be willing to join.
 
I wish BA understood that all they need to do is tell everyone what is going on, and agree to a good compensation plan. I'm positive this would make many customers happy and willing to wait a bit longer. ( The compensation would need to be at least 3x at minimum, but they have the equipment.)
 
If they don't act soon I'm sure we'll see legal action begin. I just hope BA isn't waiting for that to happen before they start delivering.
 
Just my 2 pennies.
If they were going to boost compensation, they would have done so long ago. It's just a stall tactic to keep people placated.

The minion products are a total loss at this point. All customers have been screwed. It's time for BA to own up to that fact.

I believe that we have already informed our customers of this: We are currently waiting for CE to check the X3. Until completed, no shipment can be made.

We would like to ask forum users to stop flooding the thread with obscene messages.

Thank you for your patience.


Provide refunds to those who have requested them and the obscene messages will surely cease. Until then, you will continue to reap what you have sown.

When will this be completed?  When will my orders be sent?  It's been almost a year now. How did you expect this to have come together in February?  Are we getting some 14nm chips in these for compensation?
The 14nm chips are merely a figment of someone's imagination at this point.

Yes, define obscene.  This is not porn channel.  

Black Arrow should refund, as people say.  Refunds have been promised, not delivered.  Take people's money for this and not return as promised is obscene.

I think BA's SOP is to ignore all refund requests .. at least it feels that way, I requested my refund at the beginning of July and never heard anything.  In fact, they deleted my first two refund request tickets on their support site!  The third one is still there but it has been unanswered.

Really wish I had put my BTC behind KNC the second time through, they never let me down on my first miners.
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