Cloudthink's New Imperator 8TH bitcoin miner.

[newtry]

Cloudthink has just released its new Imperator  bit coin miner. They claim it will produce 8TH at 4800 watts (.6w/gh). There is a limited stock of 500(420 left last I checked) and will only sell one miner per person.  The imperator sells at the low low price of 2299$ per miner. As with all cloudthink purchases, they will only accept coinpayment.  This is the biggest red flag for me.  I sent an email inquiring about the imperator and the payment method. The company claims the only reason they are selling their custom miners is to prove that they actually have them!
     What do you think? Has anyone received a miner from this company? They had their whole stock of old s5's, and sp31 up for sale. I'm wondering if anyone bought some and if they actually received their order. Also first post!!

Newtry

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[bmxakias]

I want 2 miners, please...! Ok?

[TheRealSteve]

ignoring all the red flags...

0.6 W/GH - Ingenious Power Efficency

C'mon now.  That wasn't efficient last year, let alone now.

[AJRGale]

ignoring all the red flags...

0.6 W/GH - Ingenious Power Efficency

C'mon now.  That wasn't efficient last year, let alone now.

Common man! you want a $2300 room heater that looks like some old macpro painted black and a screen attached!

doing a little googling, this company seems to be coming out thick and fast as a mud volcano, and everyone is calling them a scam, they have been around a little doing cloudmining and resale, but their prices are to far off to be legit.

[jeannemadrigal2]

I never heard of them and it sounds fishy.  I would stay away, don't let them dangle the carrot to get you in.  There are good legit options for mining.

[TheRealSteve]

And yet, none of that will stop people from going "ooo! FREE SH*T! Heck yeah!"

[HerbPean]

All I see is that OP deleted my post about his scam shit.

A bunch of red trust user posting in a thread.

EDIT : Tomatocage 256: -0 / +33   2015-06-10   0.00000000   Reference   Never delivered payment to bitcoinlitecoin. See link.

[-droid-]

I've also applied, hopefully I'll be selected


edit:  looks like Prelude and I will both be giving some detailed reviews on this Imperator!

It seems like a good value for an 8TH unit

[alh]

Their website also mentions that they have S5 units for $199. That sounds too good to be true to me. I added two replies that I think are clearly within the scope of their announcement. We'll see if they get deleted or not. I clearly can't support a 4800 Watt miner, so wouldn't try and get a test unit. I can't figure out how they expect to put 4800W into an ATX chassis and then dissipate the heat with four 120MM fans. I also can't imagine what kind of PSU fits within an ATX chassis and handles 4800 Watts.

[goxed]

Applied for a review unit. Lets see. Any pics of what's inside the unit?

[RichBC]

So looking at a few numbers

4800 Watts @ 12 Volts is 400 Amps

At the core voltage of 0.8 Volts that becomes 6000 Amps

Divided between the 20 Chips gives 300 Amps & 240 Watts / Chip.

All I can say is Wow and I hope they have big heatsinks....


Rich

[-droid-]

Applied for a review unit. Lets see. Any pics of what's inside the unit?

I dont think anything has been released yet on the hardware

[tmfp]

Their website also mentions that they have S5 units for $199. That sounds too good to be true to me....

They are also doing buy two get one free, just like tins of soup.
 

[Xian01]

I sent the user a PM inquiring about a review unit, and after further consideration, I am going to decline the opportunity for the following reasons.

- My spider sense is tingling due to the pricing being suspiciously low and it's a self moderated thread
- I have serious concerns about the product functioning to spec based off their displayed renderings. I question their ability in dissipating 4.8kW of heat in that form factor
- It is not energy efficient given the competition
- This is not a well suited system for home mining due to it's outrageous power needs
- Selling AntMiner S5's for $199 - half the current market price - is a MASSIVE RED FLAG.
- "...you will have to give at least some sort of guarantee that you will post reviews about our product after you receive it. Please open a thread in the mining section of bitcointalk confirming that you accept to test an Imperator miner. After this, please send a full name and address where you prefer the miner to sent to.
Regards,
Richard"
-- The need to open a new thread spams these forums, and creates more clutter. The last time this happened with the SP20 review threads, it kind of upset some people - No fault against Spondoolies at all. We all learned from that experience.
- See CloudThink.IO removed management pictures after being caught with stealing

[goxed]

I sent the user a PM inquiring about a review unit, and after further consideration, I am going to decline the opportunity for the following reasons.

- My spider sense is tingling due to the pricing being suspiciously low and it's a self moderated thread
- I have serious concerns about the product functioning to spec based off their displayed renderings. I question their ability in dissipating 4.8kW of heat in that form factor
- It is not energy efficient given the competition
- This is not a well suited system for home mining due to it's outrageous power needs

The 4.8KW power will put-off many home miners unless they have a spare 240V dryer circuit or drive and charge a Tesla Model S regularly in their garage.

[HerbPean]

The OP has been flagged by TomatoCage as a scammer ... come on guys.

[RichBC]

In addition to my comments on the Power / Chip above the more I think about this the more ridiculous it seems.

An S5 is pretty state of the art & uses 28NM chips at significantly better J/GH than this monster. However the S5 has 2 PCB's each with 30 chips on, each PCB produces approx 500GH. So to give 8TH you would need 16 S5 PCB's each with their 30 chips, whereas they are achieving this with only 20 chips....

What I do not understand is why bother with such outrageous claims & why go to the trouble of signing up reviewers? I can only imagine that this is just to get some free advertising for the Investment Packages?

Anyway hope I am wrong and  have applied to test one.   I am now negotiating with my Wife to disconnect the cooker in order to use the 30 Amp circuit.  


Rich

[tmfp]

The OP has been flagged by TomatoCage as a scammer ... come on guys.

I am one of the biggest skeptics going concerning "Rikkie" and CloudThink but....
It's fairly typical of CT's half assed approach to whatever it is that they're trying to do, that they bought the Rikki account while this was an unresolved issue, and paid up to make it go away.
From post history and general feeling, I'd say that TC's trust referred to the previous owner and not CloudThink.
I know jack shit about miners but, once again to be fair, CT never said their own super duper units were suitable for home mining, so that's not really the issue. No-one here believed they even existed.
I am quite surprised at this move to be honest, as it seems there is no way to bullshit out of it should the units turn out to be crocks of shit.
That means CT are confident that they're not, which kind of validates the logic behind the cheap S5's etc.etc.

Popcorn....

[Xian01]

I would like to additionally make note that upon cross-posting the points I made earlier in this thread, to their official moderated review request thread, it was almost instantaneously deleted from the thread.

CAVEAT EMPTOR folks. This is starting to look shadier and shadier.

I'm not sure what their angle is, but it's not kosher, and I would recommend everyone not deal with this company until this review fiasco resolves itself.

[HerbPean]

Yeah they delete my warning about his bad trust.

TomatoCage flagged him as a scammer.

Well I did my part and I won't be part of any of their business.