DualMiner Pre-Order Email?

Just got this email from DualMiner, Anyone else a bit skeptical?

"DualMiner.com is now accepting pre-orders for the iBeLink DM384M Dash and X11 Miner due to high demand! We expect this batch of miners will be shipped before the end of May. You will place your order at www.dualminer.com, payable with bitcoin only. The maximum order will be 3 units to start. Shipping is included in the price of the units for all countries except Europe. Customers in Europe will be required to pay an additional shipping fee of $50. Please order only if you are comfortable waiting. We do not plan to reply with information about order status until May 31. If you have important critical questions we are happy to answer those.

You are responsible for the payment of all tariff and import fees and taxes in your home country. If you fail to receive the shipment according to your local Customs requirements, the packages could be returned and you will be responsible for all the shipping costs back to our factory, plus a restocking charge of $200.

We are unable to ship to Russia directly. If you have an import/export agent in China, we can ship to them and they will arrange for the shipping from China to Russia. You are responsible for the arrangement with the import/export agent directly.

We are really excited about providing Dash and X11 miners to all of you that have shown interest. We greatly appreciate your business!"

View iBeLink DM384M Dash/X11 Miner

http://www.dualminer.com/iBeLink-DM384M-Dash-miner_p_36.html

This does not belong to this forum.

"DualMiner.com is now accepting pre-orders"

You should have stopped right there Tongue

At least they have pictures of the inside of the machine and it actually looks like a miner.

Quote from: sidehack on April 15, 2016, 05:27:51 PM

At least they have pictures of the inside of the machine and it actually looks like a miner.

Yeah i was sarcastic Tongue

And I was expressing incredulity. If it winds up being a scam, they'd be the first I know of to actually do their homework.

Quote from: HerbPean on April 15, 2016, 05:23:42 PM

"DualMiner.com is now accepting pre-orders"

You should have stopped right there Tongue

Yup, if it says pre-orders run and run fast.

That's the feeling I have but hasn't DualMiner released hardware previously or was the Sfards miner a different company all together?

Quote from: Dr Charles on April 15, 2016, 05:43:45 PM

That's the feeling I have but hasn't DualMiner released hardware previously or was the Sfards miner a different company all together?

I believe sfards was a company that is separate. If they made dualminer they did not put their names on it which would be odd. But we have not seen a public asic miner that can mine "X11 Miner". So I am not holding breath.

Also they say in-stock and shipping at top.... if so why have we not see it on forums working? I would personally not spend a dime on it at this point till more proof.

Quote from: notlist3d on April 15, 2016, 05:47:34 PM

Quote from: Dr Charles on April 15, 2016, 05:43:45 PM

That's the feeling I have but hasn't DualMiner released hardware previously or was the Sfards miner a different company all together?

Valid point... Units are "in-stock" but the email/product listing on their website is for a $2,000+ pre-order miner? Doesn't make sense. I was just wondering because they are offering the Sfards chips on their website as well so wasn't sure if there was some sort of association there.

Its not a scam, they released the miner about a month ago and many people received it.

It pretty much paid for itself already with the high X11 profitability.

So how long until X11 is nigh worthless as an algorithm and something else moves in?

Quote from: sidehack on April 15, 2016, 08:02:37 PM

So how long until X11 is nigh worthless as an algorithm and something else moves in?

X11 should never be worthless as an algorithm, but much like ASICs changed the mining landscape of ~~BTC~~SHA-256, X11 will become grossly less lucrative post ASIC, at which time something else will come around as the hot new thing.

"plus ça change, plus c'est la même chose" -Jean-Baptiste Alphonse Karr

Sorry, as a mining algorithm. Like scrypt was invented as something for GPU miners to mine who couldn't afford to mine BTC because of ASICs, wasn't X11 developed for GPU miners to mine who couldn't afford to mine scrypt? Not saying LTC is worthless, but it's been kinda heading that way for a long time now.

For the record, I am very cynical about altcoins in general.

Quote from: sidehack on April 15, 2016, 08:15:39 PM

For the record, I am very cynical about altcoins in general.

Same. x10000.

Seriously, how many times can people fall for the "hot new coin" only to be pumped and dumped? EVERY time? We should start harvesting tears from all the sob stories on the altcoin forum, that would be lucrative.

IBTL

Quote from: suchmoon on April 15, 2016, 09:05:14 PM

The product is likely real:

http://cryptomining-blog.com/7459-we-can-now-confirm-that-the-ibelink-dm384m-x11-asic-miner-is-real/

But off topic all the same.

That would lead us to think it is real I find it interesting though reading it. Very interesting I wonder who is behind chips the inside does look a awful lot like silverfish blades of a while ago. But hard to tell a lot of blades look the same.

fuck them. sfards was always a sneaky company so now that they made money with x11 they will flood the market and kill it off.

and in 2 or 3 months they will be doing it to eth coin.

asics simply kill off alt coins

Dualminer made small USB boards based on Gridseed chips, to my knowlage, for mining SHA256 and Scrypt with.

They seem to be a reputable dealer/small manufacturer, but they're ONLY a dealer/distributor for the X11 machine.

The thread should be moved to "altcoin mining" though.

SFARDS does not appear to have anything to do with this X11 machine.

X11 was intended to be "ASIC resistant" not "ASIC proof".
I am a bit supprised there's enough interest left in X11 coins to justify the investment in a ASIC for them - Cleverhash couldn't get it done last year.
I'm guessing THIS miner probably runs on older, CHEAPER TO DEVELOP, semiconductor technology than recent Bitcoin and the Innosilicon A4 chips use - perhaps as high as 55nm?

already out of stock.