You seem to be following this whole debacle better than anyone. So, am I right in that so far ONLY Technobit has delivered an A1 based miner? AFAIK, that would have been correct up until a few days ago, Cryptx apparently is in possession of several Bitmine rigs. Also, nitpicking, but you could argue technobit doesnt deliver miners, just bare boards. BitcoinUltra claims to have one near the end of development, you and I are both far too familiar with the AMT fiasco, and I hadn't even heard of Sunrise until the last post  If the above is true, that's a feather in Martin's cap, and a conical cap for Giorgio. Yep, its impressive what Technobit did, although to be fair, it does appear that Bitmine's problems were a manufacturing/logistics one, not a technical one. They have had a working design for some time, around the same time as technobit IIRC. Noted on the Nitpick, though you could pretty much say the same of Bitmain. It seems to me that Bitmine's biggest problem is the same as AMT's. Lack of good front of the house communication. AMT at least have the excuse of being somewhat amateurs. Bitmine already went 'round once with the whole Avalon disaster. And then played by the same book as Yifu. Doesn't make sense. |
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Peta-mine is based in industrial incubator based in Bruxelles and owned / invested in by GOOGLE.
Bollocks. What is true is that Bert of Cryptx planned and probably did go to Switzerland to accept their miners, rather than send them by courier. You seem to be following this whole debacle better than anyone. So, am I right in that so far ONLY Technobit has delivered an A1 based miner? BitcoinUltra claims to have one near the end of development, you and I are both far too familiar with the AMT fiasco, and I hadn't even heard of Sunrise until the last post If the above is true, that's a feather in Martin's cap, and a conical cap for Giorgio. |
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Also anyone who has an AMT miner what's actually on the client support portal? Is there any way to message them from that, if so does anyone have have the password?
The client support portal login I was given didn't work. I haven't tried it this week, but as of last week it didn't work. I figured out how to set up the miner from reading the technobit threads and talking to Jim at AMT. The interface (see my video) is really straightforward. If it's the same or similar for the Coincraft based units, it won't be a problem, but some docs would be nice. Biomech, could you so kindly share link to that video ? sure thing. its not great, but that thread is my full review to date. |
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Also anyone who has an AMT miner what's actually on the client support portal? Is there any way to message them from that, if so does anyone have have the password?
The client support portal login I was given didn't work. I haven't tried it this week, but as of last week it didn't work. I figured out how to set up the miner from reading the technobit threads and talking to Jim at AMT. The interface (see my video) is really straightforward. If it's the same or similar for the Coincraft based units, it won't be a problem, but some docs would be nice. |
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Careful. Smoothie carefully said "would touch $5000 before..." Meaning it could hit $5,000 for five minutes sometime in the next 10 months then skydive to $200 for the entire rest of the year  Technically... As for mainstream copying Bitcoins functionality easily and outdoing it ... lets just be thankful that every day that passes, builds more power into Bitcoin being "the one" even if the Govt makes a copy later. Every day that goes by: more name recognition, more adoption, more businesses building their operations around Bitcoin specifically, more infrastructure being formed around Bitcoin. If that goes on long enough, by the time the Govt/Banks create a clone for their systems, it won't matter. -B- lol Yes and pigs fly for 0.0000001 seconds when they jump. Over the next 10 months I can see the price touching $5000 but I doubt it would go to $200 shortly thereafter. I would think they'd fly a bit longer than that... And when they suit up and get in helicopters. Oh, wait, you meant actual pigs. Or did you  Anyway, on a slightly more serious note, do you base your prediction on anything in particular, or just guts? FWIW, I think you'll likely be right, based on trends I'm watching AND my gut. Just not willing to commit like you did It's hard to explain why I made the prediction(s) I made. I'm not always right but seems like I've been quite right recently. Once you get a "pulse" on a market you keep up to date on it and then you own it. Others who have done well will say the same thing. A lot of it has to do with gauging sentiment and that is not a straight forward metric to be put into a simple explanation. Fair enough. I can see some measurable trends, but the ones that are currently "wildcards" seem the most likely to push it up. And there are several. Destabilizing fiat currencies being one of them, wider adoption of bitcoin evolving as we look on, these are good for a modest rise. I think a good POS payment system is the one that will break the cycle seriously upwards, and I think it's coming. I don't have any information on that, it's just such an obvious step. |
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[...] Anyway, on a slightly more serious note, do you base your prediction on anything in particular, or just guts? FWIW, I think you'll likely be right, based on trends I'm watching AND my gut. Just not willing to commit like you did Well, if you're talking about commitment, he isn't the one willing to bet his girlfriend on it...  LOL |
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Careful. Smoothie carefully said "would touch $5000 before..." Meaning it could hit $5,000 for five minutes sometime in the next 10 months then skydive to $200 for the entire rest of the year Technically... As for mainstream copying Bitcoins functionality easily and outdoing it ... lets just be thankful that every day that passes, builds more power into Bitcoin being "the one" even if the Govt makes a copy later. Every day that goes by: more name recognition, more adoption, more businesses building their operations around Bitcoin specifically, more infrastructure being formed around Bitcoin. If that goes on long enough, by the time the Govt/Banks create a clone for their systems, it won't matter. -B- lol Yes and pigs fly for 0.0000001 seconds when they jump. Over the next 10 months I can see the price touching $5000 but I doubt it would go to $200 shortly thereafter. I would think they'd fly a bit longer than that... And when they suit up and get in helicopters. Oh, wait, you meant actual pigs. Or did you Anyway, on a slightly more serious note, do you base your prediction on anything in particular, or just guts? FWIW, I think you'll likely be right, based on trends I'm watching AND my gut. Just not willing to commit like you did |
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One thing "buy and holders" seem to forget... It is NO guarantee of profit.
I guess you could hold for 10 years but in 2024 those 100 bitcoin you bought in 2014 are still only worth 100 BTC in 2024 unless you sell them. Sure, everyone would love for them to be worth $100k each in 10 years but what if they are worthless?
I'm pretty sure that 70 BTC will always be worth more than 45 BTC. At least miners have fun generating NEW BTC. Holding stale, old BTC just doesn't seem like much fun to me.
Then I have a deal for you! Send me 100 of your old BTC, and I'll send you back 50 brand new BTC. But wait, I can make it even more exciting! I'll send you up to 10 brand new BTC every month for 12 months. You'll never know how much BTC I'll send you! It's possible (but not guaranteed) that you'll end up with more BTC than you spent. Just imagine the excitement! Shouldn't this offer be here? You'd probably get some takers |
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Investing involves more than putting all your resources into one pipeline. While we definitely purchased large amounts of BTC at the time, mining helped offset the long term risk associated with market volatility. Mining provided steady and better predictable results to support the uncertainty therein.
There's 2 ways to get bitcoins, buy them or mine them. I'm having a hard time seeing how getting 46 BTC rather than 70 BTC is offseting the risk. Why would you want to mine less than you can buy? right but there are a lot more creative ways to buy and run miners than just buy bitcoins which is why you see the price always stay higher than what those that keep looking at it like you do feel a miner should cost Yeah, and while those two categories are technically correct, there's hundreds of ways to purchase. One for every BTC/XXX trading pair, plus you can mine different things, cloud mining, coop mining, etcetera. Far too simplistic. There is also the geek factor. Mining is interesting, so there is profit in that even if it's not as much MONETARY profit as just buying and holding. |
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12M for 6650 sounds very interesting if this is basically 4 x LA3M. Or, is this a LA6M overclocked to 12M in a box? I am guessing it's the latter. Anyone know more about what's in the 12M box?
Completely different product. 1 THS sha256 and 12 MHS scrypt. You can see pictures of the unit in the first post of this thread and overhere. He doesn't say anything about scrypt mining in that thread? Are you sure this is a combined miner as well? there is two products line: 1, scrypt+sha256 combo: LA5U, LA3M, LA6M. 2, sha256 only bitcoin miner: LA220G, LA1THS. thanks. What ASIC does the LA1THS use? |
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How are we meant to contact tech support on these? I have seen others report having one of Jack's techs log into their controller to fix the restart problem they have. My controllers restart frequently, so the miners can never really get into a groove. I would like to get this fixed.
Lol tech support? Better off speaking to other forum members to address the issue you won't get help from asiabtc Well I need to have one of his techs log into my controllers and change the setting that is causing them to restart every hour or so. Since we aren't given the login info for the controllers, I can't do it myself...but someone else said they had one of Jack's techs do it. If you succeed in this, Keylog that bitch so you can duplicate it. |
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5 percent of the population... That's huge. If it gets there, I think 50k would be more realistic. You're talking like the entire popluation of the Americas there... EDIT. I got beat |
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So, my stance right now? Based on my interactions with AMT (specifically Jim Brown, almost exclusively) I believe they will deliver the product they've sold. I don't think it will be on the timeline they just stated
Delivering a miner late is like delivering a wedding cake 2 days after the wedding. I agree. Thus the rest of the post. |
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TL;DR;
Why all the effort to prove yourself correct? Are you a customer? If so then you should travel to PA.
I am a customer, I am a bit disappointed that they did not deliver their miner on the 3rd week of Feb. that they said they did. I'm going to wait out until the 2nd week of March.
I'm concerned that they are late, but also is Bitmine.ch.
Anyway I am hedging... selling my miner for 12 BTC (still no takers recently). My order is #961.
I definitely am quite sure that if I get my miner in hand that I can fetch much more that 12 BTC even if it happened to be delivered by 2nd week of March. That is my game plan.
Who gives a shit about Bitmine.ch? It has nothing to do with AMT. One manufacturer being late doesn't set the bar for every other business. TLDR? Then fuck off and go start a new thread, trying to "sell your miners" that don't even exist as of yet. You're just trying to re-coup your funds and will probably say or do anything to reassure people of AMT so you can get your $ back. It'd be in your best interest to start a new thread anyways, like anyone who reads this thread is going to want to pay a pre-orderer for their pre-order. When the shit hits the fan, no one will be accountable for the lost money. Actually, it does make a huge difference in this case. The Bitmine Coincraft A1 is the chip that the AMT miners are based off of. That being said, the chips allegedly already shipped. Technobit is selling a Coincraft based board right now. How many chips shipped, I do not know. I do know that Bitmine is being about as transparent and professional as AMT right now, with far less excuse. What I would do, if I were Jim and Josh, is concentrate solely on the back of the house and hire a team to do sales and pr. I told them this some time ago, and they said they were going to address it. I do know how hard it is to find good help in Western PA, and if Philly is like that, I can see them having difficulties in that arena. However, they could outsource it. A team can be updated via email, skype, etcetera, freeing them up to deal with the technical side. Which they seem to be pretty good at, but at communication, they straight suck. So, my stance right now? Based on my interactions with AMT (specifically Jim Brown, almost exclusively) I believe they will deliver the product they've sold. I don't think it will be on the timeline they just stated, but I don't think they are deliberately scamming. They are proud men who don't know when and how to alleviate fears by just admitting when they have a problem. Do I think they can sustain their business while conducting it in this manner? No I do NOT!!!I like these guys. I want them to succeed. But they know shit about doing business with the public, and it appears that their stubborn Philly machismo is preventing them from fixing this. Let me ask this of the community: Had they been straight up about delays, regularly updated the board and their website, would any of you be bitching right now? I'm pretty sure Craig wouldn't. Can't speak for him, of course, but he came in all gung ho. As to Bruno and Augusto, Let 'em go. They do good work, in a sense. Bruno is a company's best friend in a way, if they address him rather than dismissing him. He is very combative. He acts much like a prosecutor, in that he assumes guilt before innocence is proven. He's a good example of why juries are important But after he gets all the "dirt", and they prove themselves, he backs off and says so. See KNC's thread early on (if you have the patience) for a good example of this. Augusto has no humour and irritates me. But he still is good at digging up inconsistencies. Unfortunately, both of them will follow a blind alley until the wall falls down. In this thread it has been the Bulgarian connection. It's a dead end. Josh and Jim are in Philly, or nearby. Martin (Marto74) *IS* the Bulgarian connection. AMT used Technobit boards and firmware for their bitfury based miners. Supposedly this round they are using their own hashing boards. I have little doubt that Jim can design them, even though I had earlier speculated that they were going to license the Technobit design. My doubts lie in the arena of customer service. Neither man seems to be able to handle adverse customer interaction, and their attempts at humour have fallen flat with the community. This is what they need to address. Almost every ASIC manufacturer or reseller has been delayed. They are trying to do the impossible, and somewhat succeeding. The ones who have been damned are the ones who are waffling, obfuscating, or just being silent. Cointerra was late with little fanfare. Hashfast was late with a pillorying that they had coming. The difference? Communication. Lots of it. I know, from an engineer's standpoint, a report of "nothing to report, sorry!" seems a waste of time. To the guy obsessively hitting f5, it's of vital importance. Get it together, guys. I'm pulling the trigger on a mining machine in about three weeks. I would like it to be yours. But at this point, I can't justify that. Fix the front of the house, and I can. |
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I hope they get everything right. Every dept. is under pressure (that we created) to get these prints out to Global. People tend to make mistakes...under pressure.
Oh, I don't know about that. I've seen people do some of their very best work with a gun to their head. It's inspiring. |
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Stop playing detective. You are not a detective. There is not only one Joshua Zipkin in the world, I am sure that one is annoyed at you posting his information. There are over 14 people with my same exact "full name", that I have no relationship with. (Though I do look like one of them, a little.) Having a web-host, and thus, being associated with multiple domains, hosted on a shared-server, is what 80% of the current web-sites do. My own websites are shared among over 3000 others, that I have no direct or indirect ties to. (Seems I am in Europe too... Yet, amazingly I live in the USA Florida, and the actual server is located in USA Texas. OMG world-wide-web howz-it werk? Who-knew!) Go back to your corner with your ghetto sleuthing ability.
Bruno is better than a detective when he is involved in cyber investigation. People like you have to slander him because your ignorance do not allow you to understand how investigation works. I have been working with Bruno before and he never disappointed me with the evidence collected. You should at least have some respect for him since he is one of the oldest participants in this forum and he never engaged in harmful activates against this community. Bruno's problem is he presents before collating. He's good at what he does, but he needs a middleman. You, too. |
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The only thing new in Martin's post was confirmation that AMT was designing their own hashing board, rather than using the HEX series again. Which kills one of my theories, as I had posited that they had licensed the Technobit design.
Yes.... that is a very interesting revelation. Question though, are they using Bitmine.ch design? Is this why both Bitmine.ch and AMT are delayed? every company making miners is delayed. better question. Who is on-time? Bitmain  |
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I think the question of BTC being worth $5000 or more is a no brainer - but i think it maybe far slower than the OP states.
The infrastructure behind BTC is just too much in its infancy. Once/If we have stable, trusted decentralised exchanges established, things will change.
Until this happens we will have many more peaks and troughs along the way.
...
Many said the same thing when predictions of $100 or even $1000 were made. I'm not going to commit like Smoothie did, but I do think the fundamentals are coming together. While many have decried the slow adoption of bitcoin, I think it was probably good for it, as now the network is so strong that no entity could really derail it without being brutal and open, if at all. So, now it's time to get it functional at the retail level. This is doable. We need to get something similar to Visa for Point of Sale in BTC. Being actually Visa would be even better, but one thing at a time. Despite what some have said, it's not that Bitcoin settles slower than credit cards, it's that it don't have credit cards. Credit cards make a near instant transaction LEDGER, but settle days to weeks later. Bitcoin could easily have such a system, and it would or at least could settle inside of an hour. When that comes about, the value will likely skyrocket, and 5k will be chickenfeed. Another wildcard is California voting to make bitcoin a form of legal tender. Cali can break or boost anything. That culture has a lock on bizarre. |
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Bruno, you're slipping. Martin's info was already in the thread, early on. The miner I was sent for evaluation was a technobit HEX16B based design. Basically just repackaged. This is old news.
AMT's problem is with the front of the house, not so much the equipment. Their sources have been verified. Bitmine has confirmed several times that AMT is their partner. I suspect quite a bit of their delays had to do with that, but they haven't been real forthright about it.
The only thing new in Martin's post was confirmation that AMT was designing their own hashing board, rather than using the HEX series again. Which kills one of my theories, as I had posited that they had licensed the Technobit design.
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Hi Jack,
You always answer my email and after I pay you don't answer. You leave me no choice but to open a dispute with Paypal, no information, no answers, no tracking number but you did got my money.
not good for business.
Guys,if you want to buy from this guy make sure to do an escrow, otherwise is a high risk.
Caveat Emptor, and all that, but it does appear that people in general are getting what they ordered. In a haphazard, screwed up manner, to be sure, but I don't see a scam here. What appears to be happening, to my eyes anyway, is that Jack had no clue what sort of demand he was gonna get for this and got blindsided. It's a good position to be in, in retrospect, but right now the guy's probably going nuts Give it a minute, guys. Those of you with Paypal have 45 days to dispute. That's probably longer than it will take, as it seems that most people are getting their shit. Out of order, but getting it. |
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