PrimeAsic - 80 Ghash/sec Asic Miner [SCAM]

[nokru]

just wrote them a mail, due the fact I'm only living about 250km away(Vienna/Austria) it might be worth a try - and maybe the deliver, if i pay a little extra

[cedivad]

I call this a scam.

If it was real, it wouldn't make sense to sell the devices instead of mining with it. The only counter argument was if they had a million of devices to sell, but they claim them to be in limited quantity.

If they tried to sell it for 5000€ each I could have belived it not to be a scam.

[wknight]

I sent them a PM asking to write a review on their product for http://www.btcmu.info . Ill send the unit back after 1 week. I will let you know if I get a reply.

[vamdor]

I am not sure that the company in the domain whois has much to do with them. It is possible that they just payed some random company to register the domain for them.

The name of the company ("EDI Green Kereskedelmi és Szolgáltató Korlátolt Felelősségű Társaság") translates to something very general: trading & service providing limited liability company. According to the company register their only registered  activity is "other trading"  ("Egyéb nem bolti, piaci kiskereskedelem"), with a capital equivalent to around $10000. It seems like a company set up for tax purposes.

Oh, and it is fully owned by "LUXURIA LLC CO-80005 Arvada, West 85th Place 10725." , whoever they are.

So if it is legit, it probably doesn't have much to do with this company.

Otherwise their "hungarianness" checks out.

[Dalkore]

No pictures of the unit?  Very telling.

[vamdor]

I am not sure that the company in the domain whois has much to do with them.

Actually now I am 100% that this company doesn't have any significance. It is possible to find an other company tied to one of the domains, and it is much bigger. Their profile is IT wholesale, and according to the company register they have a very significant base capital, (in the order of a million dollars) and are existing and active since 1991. They don't seem to have a business actually manufacturing ICs.

I don't want to write the name of the company here, there is probably a reason why they opted for the domain privacy option, but it isn't that difficult to find with a bit of googleing.

All this of course doesn't prove that this larger company isn't just the domain registrant for someone else, and has nothing to do with this.

[VeeMiner]

definitely looks like scam, someone trying to make quick money with trending topic

[greyhawk]

Oh, and it is fully owned by "LUXURIA LLC CO-80005 Arvada, West 85th Place 10725." , whoever they are.

Interesting. That's a suburban home at Standley Lake near Denver, Colorado.

Nice place, if a bit dark: http://www.zillow.com/homedetails/10705-W-85th-Pl-Arvada-CO-80005/13697468_zpid/

EDIT: It get's more interesting. There's a Denver Colorado registration for a Luxuria LLC which lists as primary adress Moricz Zsigmond Rakpart 1, which is a riverfront apartment block in Gyor, Hungary.

Nice place, if a bit "let's kluge some other shit on this old communist apartment block, so it doesn't look all that boring" http://www.iranymagyarorszag.hu/dunalux_apartments/I312639/kep-1/

[abracadabra]

Add several more of your ASICs hashing on ozcoin. 
You do have more than 1 available, don't you?

Then "possibly" your claim will be more believeable.

Thanks!

[SebastianJu]

Now im sure its a scam. They sell it for $1249 and following http://www.alloscomp.com/bitcoin/calculator such a device would earn

   Coins   Dollars
per Day   ฿9.21           $326.53
per Week   ฿64.48   $2,285.70
per Month   ฿280.01   $9,926.49

So they only would need to mine 3.8 days and the price would be back in... Sure... it makes sense that they sell this. They dont want to earn money they are saints that want to make the world a happier place... and the company is for... no... i dont get it...

[mtminer]

Now im sure its a scam. They sell it for $1249 and following http://www.alloscomp.com/bitcoin/calculator such a device would earn

   Coins   Dollars
per Day   ฿9.21           $326.53
per Week   ฿64.48   $2,285.70
per Month   ฿280.01   $9,926.49

So they only would need to mine 3.8 days and the price would be back in... Sure... it makes sense that they sell this. They dont want to earn money they are saints that want to make the world a happier place... and the company is for... no... i dont get it...

#1 Avalon pulled in ~ 1million gross sales in btc in approximately 1 hour with batch number 2.

#2 It pulls 800 watts, at any scale your talking needing to own a large commercial building with large installed HVAC and 600-1000 amp service to keep the profits running for any length of time.

[MXRider]

I also vote for scam.

I do wonder why PrimeAsic donated btc to this forum. Did he really believe that people would send btc just because someone is mining at 80GH.

BUT if I'm wrong. Please get back to asap so that I can come there with a pile of cash.

[MrTeal]

Do we really have to rehash this mining vs selling debate in every ASIC thread?

[greyhawk]

I do wonder why PrimeAsic donated btc to this forum. Did he really believe that people would send btc just because someone is mining at 80GH.

Almost every scammer of any note had either a Donator or VIP tag. It's to establish trust. Read the donator lists. It's like a Who's Who of Bitcoin Scammers.

[Deafboy]

200km from Budapest. I'll try to call them tomorrow. Maybe we can organize a mass trip to Budapest from all the neighbour countries at one day. What do you think?

[RHA]

To find a door closed?

[greyhawk]

To find a door closed?

They sell lockpicking equipment on SR, don't they?

[Clearfly]

Scam, try again Prime.

[BBQKorv]

Its very funny that none of these wannabe scammers never show the actual device in high resolution video, while its mining on computer screen. When we could see the device and also its insides there would be less doubt about the legitimity of such a device.

I kind a hope there would be one trying to scam people like that near my location.. Would be nice to discuss about that device face-to-face.

[Sitarow]

Those interested in this product should know that I am making an effort to have the claims validated.
This community has shown a healthy level of "skepticism" of the claims made by primeasic.

I appreciate the fact that "primeasic" team are making the fully functional hardware available for purchase and distribution to the general public.

If your claims can be validated at the time I would wish to leave as a customer.

"primeasic" once I get a reply from you with the location and time as long as it is located near Budapest, I can be there within the hour.
I would also like to inquire as to if we can make the purchase with Bitcoin to Euro exchange rate at the time? This would help keep the spirit of the project.

My caution is to be expected considering that Budapest is known for a hub of scamming activity. So those interested in purchasing prior to having claims somewhat validated be warned. Until someone is physically there to view review and potentially purchase the product in question, do not fall for any claims.

Also understand that the longevity of the hardware may operate but fail after a week of service.
I am approaching this with a healthy dose of Skepticism at this point.

"primeasic" if your reading this please reply to my pm's I can come down and help validate your claims in person if you wish if you are having a hard time with English then you can email me in Hungarian.

Midenkinek aki kivancsi erre a szerkezetre , tudatara akarom juttatni ,hogy mindent megteszek amit tudok hogy kideritsem hogy amit allitanak az igaz vagy sem.
Ebben a kozossegben is lathato hogy van ketelkedes abban amit Primeasic allit.

Mi mindannyian meltanyoljuk hogy Primeasic , elo allitott egy teljesen mukodo kepes gepet, ami mindenkinek elerheto.
Hogyha minden amit allitanak valoban igaz , akkor , en is vasarlo leszek.

Primeasic hogyha megadod a cimedet akkor en oda szeretnek menni es megnezni hogy meggyozzodjem , hoigyha Budapesten van, vagy kozeleben.
Azt is szeretnem tudni hogy fizethetek Bitcoinnal to euro ertekben .

Azert vagyok nagyon skeptikus mert Budapest hires arrol hogy sok becsapas atveres van. Amig valaki nem latja szemejesen , vagy megvette a gepet, ne higgyen semijen allitasnak.

Azis lehetseges hogy a gep mukodik egy hetig es utana tonkre megy,  ugy hogy en csak akkor hiszem ha latom.
Primeasic hogyha olvasod ezt , akkor email engem, es en lejovok hogy megnezzem hogy amit allitasz az valoban igaz.
Hogyha nem irsz angolul akkor irhatsz magyarul is angol job lenne.
 
Sok koszonettel.