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Author Topic: Is BITMAIN a trusted source for purchasing mining equipment?  (Read 6005 times)
chaddybox026
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June 12, 2016, 04:36:42 AM
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I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
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WaffleMaster
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June 12, 2016, 04:39:00 AM
 #2

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.
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June 12, 2016, 04:41:32 AM
 #3

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.

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June 12, 2016, 05:01:25 AM
 #4

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.

As far as a post can be racist, that's racist.

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June 12, 2016, 05:09:44 AM
 #5

What, really? It could get, and has frequently gotten, a lot more racist around here.

The points do stand that Bitmain has dubious ethics and rip-off prices, but they also reliably deliver on their promises and don't advertise vaporware. They're currently the best option.

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June 12, 2016, 05:42:57 AM
 #6

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.

As far as a post can be racist, that's racist.

Extremely racist to classify any country like that.   Bitmain is very trustworthy I would say going back looking at all the companies that have come and gone.  So far they have always delivered the miners I order.    Even the little known L1 they decided not to do they gave us refund plus some if I remember right.  So have always came through and continue to sell to consumers.

Look at so many other companies like BFL (which was US), Hashcoins, TerraHash, Insert ton of pre-order companies here X.  Bitmain look very trusted if you go back though history as far as I see providing so many generations worth of gear.
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June 12, 2016, 05:52:35 AM
 #7

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.

As far as a post can be racist, that's racist.

Extremely racist to classify any country like that.   Bitmain is very trustworthy I would say going back looking at all the companies that have come and gone.  So far they have always delivered the miners I order.    Even the little known L1 they decided not to do they gave us refund plus some if I remember right.  So have always came through and continue to sell to consumers.

Look at so many other companies like BFL (which was US), Hashcoins, TerraHash, Insert ton of pre-order companies here X.  Bitmain look very trusted if you go back though history as far as I see providing so many generations worth of gear.

All USA based mining hashware providers were scammers, eg BFL, Cointerra, Hashfast, etc. America is no longer competitive due to massive regulation, taxes, and socialism. I would be more skeptical of an American company than a Chinese one.
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June 12, 2016, 06:01:52 AM
 #8

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.

As far as a post can be racist, that's racist.

Extremely racist to classify any country like that.   Bitmain is very trustworthy I would say going back looking at all the companies that have come and gone.  So far they have always delivered the miners I order.    Even the little known L1 they decided not to do they gave us refund plus some if I remember right.  So have always came through and continue to sell to consumers.

Look at so many other companies like BFL (which was US), Hashcoins, TerraHash, Insert ton of pre-order companies here X.  Bitmain look very trusted if you go back though history as far as I see providing so many generations worth of gear.

All USA based mining hashware providers were scammers, eg BFL, Cointerra, Hashfast, etc. America is no longer competitive due to massive regulation, taxes, and socialism. I would be more skeptical of an American company than a Chinese one.

Just the way it works here in Murica BTCland(they were all just ripoff artists or became such after finding out they can getaway with anything).....fleece the nerds & geeks,who dey gonna call??

No one,just like in Sweden  Cheesy

Bitmain WILL ship what they sell (they are overpriced,but what canyado),if you buy from them & not a scammer posing as them.Check here BEFORE you buy from anyone!!!!!

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
RichBC
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June 12, 2016, 06:38:18 AM
 #9

(they are overpriced,but what canyado),if you buy from them & not a scammer posing as them.Check here BEFORE you buy from anyone!!!!!

There is no such thing as overpriced, it's all about supply and demand. It's not even as if a Miner is a must have product, ownership is driven mostly by greed and prospect of making an  easy Buck. If people think they are overpriced then stop buying and they will reduce the price.


Rich

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BobLawblaw
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June 12, 2016, 06:42:20 AM
 #10

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.
Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.
They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.
As far as a post can be racist, that's racist.

Such a sensitive snowflake you are. Should really consider chilling the fuck out sometimes.

You remind me of Social Justice Warriors today that get all raving-mad when people point out facts that run counter to their world view.

I would be more skeptical of an American company than a Chinese one.

I guess you haven't read that one old Greek story about some wooden horse and a fortified city ?
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June 12, 2016, 06:48:36 AM
 #11

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.

They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.
Dubious ethics like potentially selling used PSU's with their s7 LN...and their hardware is definitely overprice. I think it's around 4 months ROI and that's if the difficulty stays still. They're the best though and they may be the only people left in the future so cuddle up to them Wink
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June 12, 2016, 06:54:32 AM
 #12

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.
Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.
They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.
As far as a post can be racist, that's racist.

Such a sensitive snowflake you are. Should really consider chilling the fuck out sometimes.

You remind me of Social Justice Warriors today that get all raving-mad when people point out facts that run counter to their world view.

I'm not sensitive at all - I pointed out that something really dumb he said was really dumb. While using no evidence he stated that Chinese were implicitly scammers while the actual facts show that its us 'westerners' are the ones to have churned out 99% scam companies.

VirosaGITS
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June 12, 2016, 07:25:22 AM
 #13

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.
Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk.
They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China.
As far as a post can be racist, that's racist.

Such a sensitive snowflake you are. Should really consider chilling the fuck out sometimes.

You remind me of Social Justice Warriors today that get all raving-mad when people point out facts that run counter to their world view.

I'm not sensitive at all - I pointed out that something really dumb he said was really dumb. While using no evidence he stated that Chinese were implicitly scammers while the actual facts show that its us 'westerners' are the ones to have churned out 99% scam companies.

Oh, so this is what the huge drama train against you is...dogie. You attacking people on the forum, that is.

I dont care for your attitude, so i would appreciate if you would kindly bring it somewhere else. Now if you're here to discuss and not just bitch because you have a bad day, i will elaborate on what i'm saying and would then like you to keep your moronic comments to yourself ;

As far as dealing with a company in China; I'm saying the North America consumers rules don't apply there. I'm talking about ethics here, not ethnicity. Jeez. So by dealing with Bitmain IN CHINA, you have to deal with their shitty ethics, support and services and tough luck if they rip you off. (personal experience = they don't care about you or respecting your consumer rights)

Thats not racism. So if you think what i said is racist. I think you should question yourself on the topic of bigotry.

Next time, try to make a minute effort into staying on the topic, instead of going all "I'm an American, wha whaa Racism" we dont even have Racism here.

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eretron
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June 12, 2016, 08:52:09 AM
 #14

Yes, you can trust BITMAIN.

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June 12, 2016, 10:37:51 AM
 #15

Bitmain is reasonably legitimate.

 Doesn't mean they don't ever have issues - but ANY large company has issues sometimes.

 They're a TON more legitimate than a majority of folks that have claimed to be "miner manufacturers" - though that is a VERY low bar to clear.



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June 12, 2016, 11:26:53 AM
 #16

Yes, you can trust BITMAIN.


Why ?
https://bitcointalk.org/index.php?topic=1507845.msg15174226#msg15174226

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June 12, 2016, 01:58:08 PM
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You paid in USD for that transaction, and apparently didn't pay enough and had to send BTC to cover the additional USD value. That is something totally different, they have to manually approve your transaction and will get to it eventually. If you send an email you will probably get it resolved faster, but you should really have sent the proper amount, unless of course you are saying they changed the price or failed to pay the wire transfer fees.
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June 12, 2016, 02:44:09 PM
 #18

as far as a company can be legit in China.

As far as dealing with a company in China;   ....     I'm talking about ethics here, not ethnicity.

you have to deal with their shitty ethics

Thats not racism.

You're suggesting that a company is implicitly unethical because its Chinese, not only is that racist but nearly every example of mining companies has shown the opposite.

"Western" companies
BlackArrow
AMT
HashFast
Technobit
CoinTerra
HashCoins
BitMine
BFL (lol)
SpondooliesTech (unpaid debts etc)
KNCMiner
XBTech (Russian team in CN)
BitCrane
GAWMiners
Bitfury (the exception)

Asian companies
RockMiner
BTCGarden
Canaan Creative
Bitmain
ASICMiner (the exception, and one man)

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racism
ˈreɪsɪz(ə)m/
noun
noun: racism

    the belief that all members of each race possess characteristics, abilities, or qualities specific to that race, especially so as to distinguish it as inferior or superior to another race or races.

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June 12, 2016, 02:48:58 PM
 #19

We bought 900 antMiner S7 from them without any problems. Except maybe customs asking WTF.
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June 12, 2016, 03:04:09 PM
 #20

I'm new to mining and am wondering whether BITMAIN is trustworthy or not.

Any recommendations will be appreciated.


They are the best or second best  in terms of you will get working gear.

Bitmaintech

Avalon or Cannan

Bitfury is on the list  but you need heavy money and must buy big.



At this moment in time  only choice from above is bitmaintech  since they are the only one selling gear.


I currently have 6000 usd in orders with bitmaintech.

and if Avalon / cannan had new gear for sale I would buy 6000 from them.

Bitfury has no new gear and I would not have enough money to buy from them.

So if you want to buy today you only have bitmaintech to buy from.

The big problem they have over the years is if your gear breaks they are poor at helping you get it going again.
The good is they get it on time most of the time.
They gear works most of the time.

So if you buy 6000usd  like I did I know that it is more like 6200-6400 in terms of real price due to slow repair risk.

With 3 pieces for 6000 I am hoping they are all good and the premium of 200-400  does not come into play.
I have order 40k in gear from them  more then 50 items since dec 2013.  every item was delivered most on time or early a few late.

1 item was doa  and it was a struggle to get repairs.
1 item was a very poor performer and its was a struggle to get a partial refund.

in both cases i did get  my repair/replacement >>> about a week but a large miner did the replacement not bitmaintech ,bitmaintech would have been 1 month

 and my partial refund >>took about 6 or 7 months

So I rate bitmaintech better then okay to buy gear from.


I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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