Bitcoin Forum
January 20, 2019, 12:12:21 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 [1438] 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 ... 2139 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3039464 times)
Biodom
Legendary
*
Offline Offline

Activity: 1834
Merit: 1148



View Profile
January 24, 2014, 11:25:53 PM
 #28741

I find it "amusing" that last summer there were updates every week, sometimes several times a week, but now almost two months has passed without a peep about Neptune.
1547943141
Hero Member
*
Offline Offline

Posts: 1547943141

View Profile Personal Message (Offline)

Ignore
1547943141
Reply with quote  #2

1547943141
Report to moderator
1547943141
Hero Member
*
Offline Offline

Posts: 1547943141

View Profile Personal Message (Offline)

Ignore
1547943141
Reply with quote  #2

1547943141
Report to moderator
1547943141
Hero Member
*
Offline Offline

Posts: 1547943141

View Profile Personal Message (Offline)

Ignore
1547943141
Reply with quote  #2

1547943141
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547943141
Hero Member
*
Offline Offline

Posts: 1547943141

View Profile Personal Message (Offline)

Ignore
1547943141
Reply with quote  #2

1547943141
Report to moderator
1547943141
Hero Member
*
Offline Offline

Posts: 1547943141

View Profile Personal Message (Offline)

Ignore
1547943141
Reply with quote  #2

1547943141
Report to moderator
ASIC-K
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Hell?


View Profile
January 24, 2014, 11:37:15 PM
 #28742

I find it "amusing" that last summer there were updates every week, sometimes several times a week, but now almost two months has passed without a peep about Neptune.

+1

like i said, popularity went to their heads and they got cocky.

now with decent competition, they wont be around for too much longer.
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
January 24, 2014, 11:37:37 PM
 #28743

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves? Would you sell the opportunity to make a lot of money to random people for less money? Would you sell 100 dollars in the future for 20 dollars now?

With 28nm they have paid all their costs, made a lot of profit, so they have absolutely nothing to lose with deciding to keep all hardware and mine for themselves. What they have is a very rare opportunity to become one of the richest companies in the world if Bitcoin turns out to be what it was designed to be Smiley

Neptune is the same thing all over again: we fund, they ship what was ordered and then establish themselves as the leading mining company in the Bitcoin world.

Biodom
Legendary
*
Offline Offline

Activity: 1834
Merit: 1148



View Profile
January 24, 2014, 11:43:32 PM
 #28744

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves? Would you sell the opportunity to make a lot of money to random people for less money? Would you sell 100 dollars in the future for 20 dollars now?

With 28nm they have paid all their costs, made a lot of profit, so they have absolutely nothing to lose with deciding to keep all hardware and mine for themselves. What they have is a very rare opportunity to become one of the richest companies in the world if Bitcoin turns out to be what it was designed to be Smiley

Neptune is the same thing all over again: we fund, they ship what was ordered and then establish themselves as the leading mining company in the Bitcoin world.



It would not make much sense because they would be unhedged to the value of BTC. Selling some, mining some seems like a best of both worlds.
Where else customers are paying for your design? Nowhere, but in bitcoin mining hardware. What would you say if coinbase asked to prepay for the development of the wallet? There are usually VCs who pay for this, but they also got to keep the business interest. LOL
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
January 24, 2014, 11:45:56 PM
 #28745

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves? Would you sell the opportunity to make a lot of money to random people for less money? Would you sell 100 dollars in the future for 20 dollars now?

With 28nm they have paid all their costs, made a lot of profit, so they have absolutely nothing to lose with deciding to keep all hardware and mine for themselves. What they have is a very rare opportunity to become one of the richest companies in the world if Bitcoin turns out to be what it was designed to be Smiley

Neptune is the same thing all over again: we fund, they ship what was ordered and then establish themselves as the leading mining company in the Bitcoin world.



It would not make much sense because they would be unhedged to the value of BTC. Selling some, mining some seems like a best of both worlds.
Where else customers are paying for your design? Nowhere, but in bitcoin mining hardware. What would you say if coinbase asked to prepay for the development of the wallet? There are usually VCs who pay for this, but they also got to keep the business interest. LOL

With a couple of millions in their pockets what is there to risk?
The Avenger
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
January 25, 2014, 12:00:47 AM
 #28746

At one point, knc said their devices accounted for 70% of the bitcoin network. So that would be 2520BTC/day.

They are supposed to be mining 5% of the total themselves, so 126BTC/day back in October.

If they were cashing that in daily, they were making (average $1000/btc) $126,000 per day mining BTC. $882,000 a week.

Difficulty increases, bitcoin price has gone up and down. Let's say it averages out at about $500,000/week and roughly it's been 12 weeks =

$6million in mining profits. No costs, as that is all passed onto the people paying for their datacentre.

Who would want to share that with anyone?  Cheesy

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
itod
Legendary
*
Offline Offline

Activity: 1428
Merit: 1017


^ Will code for Bitcoins


View Profile
January 25, 2014, 12:06:12 AM
 #28747

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?

There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves.
timmmers
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile
January 25, 2014, 12:28:36 AM
 #28748

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?

There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves.

Not exactly  true now maybe, they will pay capital gains tax on mining profits.. I hear tell that's 30% over there? Also, they aren't paying 13k for a Neptune or what we paid for the last rigs..they pay cost price, so much less needs to be mined to break even.

If a Jup cost them 2k to build, it changes things compared to our situation. They are probably the only ones running KNC rigs who will break even in bitcoins. If a day 2 Jup has only mined 50 coins so far and cost about 70 as posted a day or so ago.

██████████████████████████████████████
█████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████
█████████████████████████████████████████████
███████████████████████████████████████████
█████████████████████████████████████████
████████████████████████████████████

QUANTOCOIN
THE FUTURE OF FINANCIAL SERVICES
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
JOIN NOW || DTO : 01.07.2018 - 30.04.2019
ANN
Bounty
Whitepaper
Telegram
Twitter

[/tr
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
January 25, 2014, 12:46:43 AM
 #28749

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?

There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves.

KNC are not Ebay, so not true. A Jupiter sold now would probably be priced less than $5000, which is 6.25BTC.
You don't think they can't mine 6.25BTC, do you?
itod
Legendary
*
Offline Offline

Activity: 1428
Merit: 1017


^ Will code for Bitcoins


View Profile
January 25, 2014, 01:40:26 AM
 #28750

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?

There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves.

KNC are not Ebay, so not true. A Jupiter sold now would probably be priced less than $5000, which is 6.25BTC.
You don't think they can't mine 6.25BTC, do you?

570 GHs Jupiter, if starting to mine today, would probably mine 6-6.5 BTC in it's lifetime. You are partly right it just may brake even if it's priced 6.25BTC, but if it is delivered two weeks from now it would very probably not break even by a large margin.

My point was they can price Jupiter 8 BTC, and I would bet with you they would sell every last one they put on the market.


If a Jup cost them 2k to build, it changes things compared to our situation.

It doesn't matter how much it costs to manufacture Jupiter, KnC pays that costs in any case, it only matters to them if they can earn more money by selling or mining with it, and they can certainly make more by selling it.
timmmers
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile
January 25, 2014, 01:59:58 AM
 #28751


It doesn't matter how much it costs to manufacture Jupiter, KnC pays that costs in any case, it only matters to them if they can earn more money by selling or mining with it, and they can certainly make more by selling it.

Yeah I know, that's what I meant. With no risk compared to mining too. They are in an amazingly profitable business for now.
I can't think of another business where upfront costs are paid by customers then it's all profit and you still own the company with no shareholders or investors to answer to. No wonder so many are popping up trying to get into the game now.

██████████████████████████████████████
█████████████████████████████████████████
████████████████████████████████████████████
██████████████████████████████████████████████
████████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████████
███████████████████████████████████████████████
████████████████████████████████████████████
█████████████████████████████████████████████
███████████████████████████████████████████
█████████████████████████████████████████
████████████████████████████████████

QUANTOCOIN
THE FUTURE OF FINANCIAL SERVICES
♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦ ♦
JOIN NOW || DTO : 01.07.2018 - 30.04.2019
ANN
Bounty
Whitepaper
Telegram
Twitter

[/tr
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
January 25, 2014, 02:07:21 AM
 #28752

Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?

There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves.

KNC are not Ebay, so not true. A Jupiter sold now would probably be priced less than $5000, which is 6.25BTC.
You don't think they can't mine 6.25BTC, do you?

570 GHs Jupiter, if starting to mine today, would probably mine 6-6.5 BTC in it's lifetime. You are partly right it just may brake even if it's priced 6.25BTC, but if it is delivered two weeks from now it would very probably not break even by a large margin.

My point was they can price Jupiter 8 BTC, and I would bet with you they would sell every last one they put on the market.


If a Jup cost them 2k to build, it changes things compared to our situation.

It doesn't matter how much it costs to manufacture Jupiter, KnC pays that costs in any case, it only matters to them if they can earn more money by selling or mining with it, and they can certainly make more by selling it.

Why 570GH/s? They have a finished product hashing at 670GH/s stock.
Also your prediction of 6.5BTC in a lifetime for a 570GH/s miner is a bit unrealistic if you ask me: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2193847870&dcosts=500&diff_mincrease=35&blpbtc=25&dhsmhs=570000&diff_mincreasedecrease=3&btcusd=844.28&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc

I predict that a 670GH/s miner would produce around 10BTC in total: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2193847870&dcosts=500&diff_mincrease=25&blpbtc=25&dhsmhs=670000&diff_mincreasedecrease=3&btcusd=844.28&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calc

Also they price their products in USD and I highly doubt that the price would be above $5000 if they release more Jupiters for sale.

My point was that even if it is a gamble to keep the miners it is a gamble worth the risk.
Phoenix1969
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


LIR DEV


View Profile
January 25, 2014, 02:43:53 AM
Last edit: January 25, 2014, 02:56:35 AM by Phoenix1969
 #28753

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.

Really?  What about this posted in their thread?...

Seems legit. I hope they can push the delivery forward to 1st April though Tongue
Change your mind?....or playin' both sides?
I felt same way, obviously.. except the part about april 1st

April 1st rolls around....  we get a post...."April Fools", and the site disappears.... hehe


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
January 25, 2014, 03:00:31 AM
 #28754

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.

Really?  What about this posted in their thread?...

Seems legit. I hope they can push the delivery forward to 1st April though Tongue
Change your mind?....or playin' both sides?
I felt same way, obviously.. except the part about april 1st

April 1st rolls around....  we get a post...."April Fools", and the site disappears.... hehe

Sarcams. Do you speak it?  Grin
Searing
Legendary
*
Offline Offline

Activity: 1974
Merit: 1070


Clueless!


View Profile
January 25, 2014, 04:11:00 AM
 #28755


http://www.ctsminer.com/

they are such a scam (also read the above bitcoin thread pretty much have debunked these guys hard)....on website creation location amount of supposed orders sold 5kbtc in 2hrs stuff like that

i offer as an example on HOW to take a chance on sometjhing like this...I ordered from www.alpha-t.net the litecoin asic maker that took 1/3 down with paypal and amex cc via paypal

they are likely NOT a scam..but seem somewhat clueless on how to proceed i will likely pull my order within 30 days (my timeline) I have 45 days under paypal

also www.kncminer.com had LINE DRAWINGS on their site (shudder) ...but they did take paypal via cc so took a chance with them on further info took the chance and worked out

the above place don't take paypal btc no refunds etc etc usual scam if you read the thread and pages on their site

it is ok to take a chance on such stuff BUT HAVE AN EXIT STRATEGY...even if they are legit does not mean they know what they are doing

Searing














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
Paladin69
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


View Profile
January 25, 2014, 04:31:34 AM
 #28756

I suppose it isn't possible to use this to bypass the controller board and mine directly with a PC?

http://www.cablesonline.com/mo10he2toduu.html
Phoenix1969
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


LIR DEV


View Profile
January 25, 2014, 08:14:11 AM
 #28757


http://www.ctsminer.com/

they are such a scam (also read the above bitcoin thread pretty much have debunked these guys hard)....on website creation location amount of supposed orders sold 5kbtc in 2hrs stuff like that

i offer as an example on HOW to take a chance on sometjhing like this...I ordered from www.alpha-t.net the litecoin asic maker that took 1/3 down with paypal and amex cc via paypal

they are likely NOT a scam..but seem somewhat clueless on how to proceed i will likely pull my order within 30 days (my timeline) I have 45 days under paypal

also www.kncminer.com had LINE DRAWINGS on their site (shudder) ...but they did take paypal via cc so took a chance with them on further info took the chance and worked out

the above place don't take paypal btc no refunds etc etc usual scam if you read the thread and pages on their site

it is ok to take a chance on such stuff BUT HAVE AN EXIT STRATEGY...even if they are legit does not mean they know what they are doing

Searing

you  are probably right...but By the way... The policy isn't "no refunds". The policy is "No refunds unless we don't deliver on april 7th"

Is bitstamp down for everyone else too?


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Searing
Legendary
*
Offline Offline

Activity: 1974
Merit: 1070


Clueless!


View Profile
January 25, 2014, 08:38:57 AM
 #28758


http://www.ctsminer.com/

they are such a scam (also read the above bitcoin thread pretty much have debunked these guys hard)....on website creation location amount of supposed orders sold 5kbtc in 2hrs stuff like that

i offer as an example on HOW to take a chance on sometjhing like this...I ordered from www.alpha-t.net the litecoin asic maker that took 1/3 down with paypal and amex cc via paypal

they are likely NOT a scam..but seem somewhat clueless on how to proceed i will likely pull my order within 30 days (my timeline) I have 45 days under paypal

also www.kncminer.com had LINE DRAWINGS on their site (shudder) ...but they did take paypal via cc so took a chance with them on further info took the chance and worked out

the above place don't take paypal btc no refunds etc etc usual scam if you read the thread and pages on their site

it is ok to take a chance on such stuff BUT HAVE AN EXIT STRATEGY...even if they are legit does not mean they know what they are doing

Searing

you  are probably right...but By the way... The policy isn't "no refunds". The policy is "No refunds unless we don't deliver on april 7th"

Is bitstamp down for everyone else too?


again i restate if BFL announced the same 5TH miner or hashfast that they secretly had been developing since last year (and remember they have an asic chip to pump up to 20mm)
would you buy their info ....the thread would burn down from the posts of how it was a scam

out of the blue no info on these people i can find no facebook page...no UK business deally  I guess you are supposed to have for this kinda thing no refunds....a "fixed" sihipping date of april 7th in jan..no prototypes (heck even www.alpha-t.net the asic litecon miner has a video of a prototype...again i think alpha is unlikely to be a scam...but they look like me and a buddy trying to make a mining company...i whince watching them stumble about...and they over paypal and cc and 30day refund)

its  unfortunatly imho a scam

well $$$ for invisible mining does tend to knock down difficulty this summer thou

Searing














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
edgar
Legendary
*
Offline Offline

Activity: 1722
Merit: 1001


View Profile
January 25, 2014, 08:57:46 AM
 #28759

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.

Really?  What about this posted in their thread?...

Seems legit. I hope they can push the delivery forward to 1st April though Tongue
Change your mind?....or playin' both sides?
I felt same way, obviously.. except the part about april 1st

April 1st rolls around....  we get a post...."April Fools", and the site disappears.... hehe

Sarcams. Do you speak it?  Grin

clearly not...

nor facts, nor logic, nor honesty.

he's just weird!

and not the cute weird he wikes to pretend to be.

he's the off-key, peculiar weird regular folk cross the street to avoid (except he's rarely seen outside)

he also likes to twist facts into mental case accusations and insinuations & goes silent when its pointed out.

anyone could be forgiven for thinking he works for KnC.

bitpop
Legendary
*
Offline Offline

Activity: 2422
Merit: 1045


https://keybase.io/bitpop


View Profile WWW
January 25, 2014, 08:58:08 AM
 #28760

HODL KNC ORDER

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
Pages: « 1 ... 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 [1438] 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 ... 2139 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!