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1  Bitcoin / Hardware / Re: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 26, 2013, 08:19:10 AM
Hello Mr. Pankaj,

You recently had a word with me (Akash Pathak, CS KotakLabs). As we clearly talked over the telephonic conversation, the company registration details will be put up soon on our website as our website is undergoing constant upgrades and it is up the queue. (We never mentioned we cannot give any information)

Let us know if you have any further inquiries. We are always happy to take your calls.

Finally i talked to him about it and asked details about his company/miner etc.
He said he can't give any info now.

Its shady as hell.
2  Bitcoin / Hardware / Re: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 25, 2013, 06:13:01 PM
HAHA!  Cheesy

Just point out when and where did we say that we have trademarked our ElectrictyCutter Technology / Power Chill Cooling Technology

This clause is not considered. (With everyone laughing at KotakLabs Team reading this!)

3  Bitcoin / Hardware / Re: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 24, 2013, 06:51:51 PM
Just in case you dont know mate,

If you asking the plug it's either 15 or 20AMPS

AMPS x Volts = Watts

20A x 110V = 2200W

An average 1.5ton Air Conditioner consumes about 1800W

The product will come with an instruction manual, just in case.

*rolls eyes*

Well, you have to admit, it has been getting a bit boring around here, with a lack of fresh-new scams...

"-What is the power wattage?
About 1300-1600 Watts. With our constant research on implementation of EnergyCutter technology we are still trying to bring this barrier down."


 Even then, how is this product going to ever run in an average household ?! I mean, plug a nightlight into that same circuit and you're liable to trip it.

Hello Friend,

All the technical specs, our datasheet, a fully working prototype youtube video, our partners, etc everything will be rolled out on our blog soon.

Meanwhile, you can also sign up for our newsletter for real time updates : https://kotaklabs.com/newsletter/

As per the current work and research progress we are expecting to ship this hardware by end of March '14. There are no additional charges for shipment of the product and all shipments will be delivered via FedEx Express. However, the customer is liable to pay any customs/duties/taxes applicable in his country.

We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline.

All further information about the product can be found at our website : http://kotaklabs.com/products/kl-yug/.

If you have any queries/suggestions, please feel free to drop us a mail at contact@kotaklabs.com

Have a great day!

All potential scams have shiny cases. This is getting really old.

Hey kotaklabs what technical details can you give about your chips? What node are they using? When are you going to tape out? Who is going to make your chips? What proof do you have for chips production?
4  Bitcoin / Hardware / Re: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 22, 2013, 09:37:05 AM
The KL-PARISHRAM processors we are developing, run at 1.4Ghz Clock Frequency, yeilding up about 500GH/s. One unit will comprise of 6 such processors, hence giving up blazing 3TH/s.

Further details regarding the product are given at our website : http://kotaklabs.com/products/kl-yug/
5  Bitcoin / Hardware / Re: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 22, 2013, 09:09:09 AM
First of all we do understand your panic at this point of time when there are so many emerging companies in the market who fail on their delivery deadlines and obvious confusion who's real and who's fake across the sea.

Yes we recently registered our domain and designed our website. I dont think there should be a problem with that.

As far as fake address and phone numbers are concerned, please feel free to call us / visit us.

We are still under development, a prototype will be posted soon. You seem exited for prototype, Give us some space mate  Smiley

Why would we select Paypal as our payment processor?
Paypal has got its own consumer protection program,this means that your hard earned money is protected if we do not ship.

First indian asic miner manufacturer..  ???It looks like a scam nothing else..  why?

Domain registration date 16 nov
No info about team, theres no company info.
No miner prototype.
There is a mobile number and address.. uh okay.  Its easy to buy sim on fake name and address and
Office can be a rented one.

Who's payment processor?  Paypal lol.
Why, because its an easy way to get money from cc without sending product. No other payment processor in india allows that.

6  Bitcoin / Hardware / 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs on: November 22, 2013, 08:24:47 AM

KotakLabs is proud to announce the new mining hardware "KL-YUG". The KotakLabs’ YUG is currently the most advanced bitcoin mining rig available in the market for preorder. This Ultra feature rich mining rig will have hashing speed of about 3TH/s which would be provided by powerful “KL-PARISHRAM” Processors.




As per the current work and research progress we are expecting to ship this hardware by end of March '14. There are no additional charges for shipment of the product and all shipments will be delivered via FedEx Express. However, the customer is liable to pay any customs/duties/taxes applicable in his country.

We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline.

All further information about the product can be found at our website : http://kotaklabs.com/products/kl-yug/.

If you have any queries/suggestions, please feel free to drop us a mail at contact@kotaklabs.com

Have a great day!
7  Other / Beginners & Help / Re: The case Of Butterfly Labs Inc. on: November 22, 2013, 07:49:30 AM
If you do not get the products on time, it is your right to ask for a refund and claim one.

Companies in this industry must look out for consumer rights and aim for high end consumer satisfaction in order to survive.
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