So roughly $750 for HD cards, a few hundred for mobo, case, power. Not a lot of profit in if if not a scam. This is a quick assumption of the GR1 (800MH/s). Cheaper and more efficient to purchase the parts and skip the $100 shipping.
This sounds a lot more like a group building rigs for mining based on current available hardware and accepting bitcoins.
Just my opinion.
That is exactly what we are doing with our GPU Rigs.
It is unfortunate that new business in the bitcoin mining industry are being instantly labeled as scam artists based on past experiences individuals have had with other companies but honestly, this was expected. I just hope that over time we can show that we are not here to scam anyone and that we can earn the trust of the mining community.
I will give you the benefit of the doubt, however, your company:
Has blatantly ripped off images on both sites (and GXMINING.COM, which seems linked to you also) of Butterfly Labs devices
Has not shown a shred of proof of anything you claim, can you provide a photo or evidence of a prototype? Anything?
Can you provide an explanation for both of these issues?If not I don't think you will be leaving "It's an obvious scam" world anytime soon. You are correct in many new companies being labeled a scam, and that is because most of them are. It is very hard to tell at the moment who is real and who is not. I am not targeting your company directly or on purpose, only presenting evidence found so far that makes it seem like it is. If you are legit then I am happy to remove you from my other thread as a scam site:
https://bitcointalk.org/index.php?topic=176262.msg1835276#msg1835276, but you must provide proof of such or words are just that.
True, a home address as a business address is not uncommon, however for a hardware manufacturer it is.
We have not blatantly ripped off anything thank you. We are building our ASIC systems based on what is currently, considered to be the popular look and feel of them, hence it is showing a mockup of a device similar in size and quality of a BFL mining system with a brushed aluminium look.
A prototype of what? Right now our primary focus is sourcing working ASIC chips that do what they are supposed to, we have not even started the build out process for the final rigs because until we have working chips, anything else we can 'show' will just be that, for show and not actually worth the pixels it would be presented online in.
Again, we are not manufacturing these chips ourselves, we're using a semiconductor company based in the United States (On Semiconductors) to manufacture the chips, once we have access to proven, reliable chips, the manufacturing process will begin... Right now we are not even promoting our ASIC rigs instead we are focusing on promoting our existing GPU building business model or are you saying we are unable to build GPU miners and have those shipped out to customers that order them?
I am personally slightly confused as to what we are actually being accused of scammers for? The fact we are looking for a viable, working source of ASIC chips to produce affordable miners? Or that we are able to produce GPU based mining systems? Or that we have 2 websites that look similar to each other, only one of which we are actually promoting presently? Or that our company is registered to our owners residential address? Or just the fact that hopefully, in a few months time we will be able to start selling and shipping ASIC devices once they are available?
I mean sure, if you can backup your claims we are scammers, by all means do so, until then, as I mentioned in my response above, it just seems like a case of once bitten twice shy, by a community of individuals who may have (or may not if BFL ship) been scammed before, which personally neither I nor the company owner can fault, we haven't solicited any people to pre-order and in fact in a thread yesterday on this very forum, I suggested that someone asking about ordering wait until I knew what the actual shipping date for our ASIC models would be.
piss off and die you scamming twat! No prototype? still sourcing ASIC chips? Your shite site clearly says that devices and in hand and ready to ship.
You my scummy friend are a bloody liar if not a scammer so shut your smelly lying mouth!