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Author Topic: Official CedarTec Topic - New ASIC [Scam?]  (Read 42988 times)
CedarTec (OP)
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April 08, 2013, 08:33:22 PM
Last edit: April 09, 2013, 12:01:38 AM by gmaxwell
 #1

http://www.cedartec.net/logoct.png
Kassem Mourad, Tripoli - Lebanon

Dear Sirs and Madams,
our name is CedarTec and we are a young company that was founded 2010 in lebanon.
Since 2011 we started to construct a new asic generation, our first product
is called CT-80 and is equiped with the highest standards.
Now it is nearly the end of the production line, so we opened the pre-order
and the CT-80 will be shipped at the 14th May 2013.

The CT-80 is limited to 1000 units and every customer is allowed
to buy 3 devices.

We do not want a overflow of information in this post and keep the overview.
So please visit our website for more informations about our company
and the CT-80.

www.cedartec.net

The new pictures taken from the hardware:

http://www.cedartec.net/images/gallery/chip.jpg
http://www.cedartec.net/images/gallery/ct80hard.jpg
http://www.cedartec.net/images/gallery/proof.jpg

With best regards,

your CedarTec Team
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gmaxwell
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April 08, 2013, 08:35:49 PM
 #2

Greetings.

After the many scams here the first thing that almost everyone will ask is "What evidence do we have that your product is real?"
BR0KK
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April 08, 2013, 08:36:05 PM
 #3

Send a mod one unit for evaluation..... A trustworthy one like....
 Or find some other proof of work. Simply pictures won't work


Suspicion raised for SCAM if not proven ...

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April 08, 2013, 08:38:48 PM
 #4

I felt the chips on the second pic don't look very natural.
chipd
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April 08, 2013, 08:43:14 PM
 #5

Red flags about this one:

* No contact information besides web form.
* No phone numbers
* No address or any other information about the company.
* Anonymously registered domain.
* Claims to be from Lebanon while hosting company is from Iceland.
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April 08, 2013, 08:45:27 PM
 #6

Dear Sirs and Madams,
our name is CedarTec and we are a young company that was founded 2010 in lebanon.
Since 2011 we started to construct a new asic generation, our first product
is called CT-80 and is equiped with the highest standards.
Now it is nearly the end of the production line, so we opened the pre-order
and the CT-80 will be shipped at the 14th May 2013.

The CT-80 is limited to 1000 units and every customer is allowed
to buy 3 devices.
No one began development of ASICs in 2011. It wasn't even on the radar. Why did your new company that no one heard of before now start ASIC development in 2011? Why didn't you start with FPGAs? At least BFL did that.

Furthermore, your whois details indicate the domain was registered March 23, 2013 and is under privacy.

Quote
Domain registered by: OrangeWebsite.com -
100% Anonymous domain registration service

Domain cedartec.net

Date Registered: 2013-3-23
Date Modified: 2013-3-23
Expiry Date: 2014-3-23

DNS1: ns7.orangewebsite.com
DNS2: ns8.orangewebsite.com

Registrant
    OrangeWebsite.com
    Privacy Department
    Email:cedartec@hotmail.com
    Klapparstigur 7
    101 Reykjavik
    Iceland
    Tel: +354.8466244

Administrative Contact
    OrangeWebsite.com
    Privacy Department
    Email:cedartec@hotmail.com
    Klapparstigur 7
    101 Reykjavik
    Iceland
    Tel: +354.8466244

Technical Contact
    OrangeWebsite.com
    Privacy Department
    Email:cedartec@hotmail.com
    Klapparstigur 7
    101 Reykjavik
    Iceland
    Tel: +354.8466244

Register your domain name 100% anonymously at www.orangewebsite.com. We accept Bitcoin as payment method!

A real company would not be afraid to put their information out there. You will need to provide us with substantial proof: real contact information, business registration, etc. We would also like to see video of units (plural) hashing and a link to to the pool with their public stats (not one as many people have Avalon ASICs). Even better would be inviting a trusted forum member (hero member, moderator, etc) to come out to your location to check the units out himself. This would definitively prove it is not a scam. There would be plenty of people that would fly out to Lebanon on a whim to see a $999 80GH/s ASIC.

If you can satisfactorily prove that you are not a scam, I can assure you that you will have no problem selling every single one of your devices. But until that time people should assume that this is a scam.

BTC: 1MeTeorfxZNsY6gJDBtrF8JA8KEv6SKGUmLTC: Lejxgou6hUkjupF6RoruxJGG9AQ7t3ovYt
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April 08, 2013, 08:47:13 PM
 #7

https://bitcointalk.org/index.php?topic=159560.0.
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April 08, 2013, 08:56:40 PM
 #8

I have look 20 times the pictures and my conclusion are:
1) third fan connector is missing!
2) I don't see the reset connector (front)
3) I don't the usb (front)
4) I don't se the power connector (front)

So even if you promise that you will post some pictures I will still don't buy your product.

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April 08, 2013, 08:57:41 PM
 #9

Given how your photos show you have packaged chips, you can demo your prototype to eliminate most of the concerns people have. I am curious how you are mounting your heatsink to the chips shown  given the lack of convenient holes through the PCBs around your chips.
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April 08, 2013, 09:07:34 PM
 #10


I felt the chips on the second pic don't look very natural.

Yeah, they look like they're just sitting on top of the board, not actually mounted to it. Fake.

Buy & Hold
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April 08, 2013, 09:15:43 PM
 #11

http://www.cedartec.net/images/gallery/proof.jpg

this pic is called proof?

so what it s proving?

you have an iphone? yes

you have some pcb in your room? yes

you have nice  black box pic in your iphone? yes


this is all it s supposed to prove?

Enlight me coz i m in dark...........
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April 08, 2013, 09:16:39 PM
 #12

Hahaha total scam.  I like how the phone covers where the chips would be .... Save some ps time.  Lol
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April 08, 2013, 09:16:59 PM
 #13

Dear Sirs and Madams of CedarTec,

I am very interested in your product but require assistance to transfer funds. Please send 500 LTC to the following address: LZhDsnccSkAgfGzE9pssqc86P3cdNopVvJ and I will invest 100,000 BTC in your endeavor.

Regards,
  The Crown Prince of Transylphavio

Bitcoin is backed by the full faith and credit of YouTube comments.
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April 08, 2013, 09:28:29 PM
 #14

Hahaha total scam.  I like how the phone covers where the chips would be .... Save some ps time.  Lol

You can actually see that the rightmost IC isn't in the pic with the camera.
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April 08, 2013, 09:53:11 PM
 #15

Scammers are getting pros.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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April 08, 2013, 10:11:46 PM
 #16

You can bet that this is a scam? I play whatever ...
meowmeowbrowncow
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April 08, 2013, 10:31:00 PM
 #17




Look at the component diagrams that are printed on the PCB - very closely


The 'rectangles' that would mark placement of a component DO NOT match up with the dimensions or placement of these "ASICs."


You will also observe that the OP conveniently placed his cell phone over that specific area of the PCB where the "ASICs" are supposed to be placed.

This picture was a supposed attempt to establish some legitimacy, but further concealed the truth about what type of chips truly are at that specific area of the PCB.



Photoshop.....scam.

"Bitcoin has been an amazing ride, but the most fascinating part to me is the seemingly universal tendency of libertarians to immediately become authoritarians the very moment they are given any measure of power to silence the dissent of others."  - The Bible
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April 08, 2013, 10:36:06 PM
 #18

Look at the component diagrams that are printed on the PCB - very closely


The 'rectangles' that would mark placement of a component DO NOT match up with the dimensions or placement of these "ASICs."


You will also observe that the OP conveniently placed his cell phone over that specific area of the PCB where the "ASICs" are supposed to be placed.

This picture was a supposed attempt to establish some legitimacy, but further concealed the truth about what type of chips truly are at that specific area of the PCB.



Photoshop.....scam.
Indeed. Looking more closely at the pictures they definitely look faked. The lack of responses also indicate to me they are not interested in proving their authenticity.

I think the only way to conclusively prove this real is if they have a trusted forum member come to them to check out their units. Which I'm pretty sure is not going to happen. They are likely interested in getting the low-hanging fruit to scam.

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April 08, 2013, 10:42:09 PM
 #19

Oh boy, and to think I just won the Nigerian lottery today! Now I know what to spend the money on. I'll ask my banker connection there to wire you the money and buy one of your miners. Please give me all your bank account information, date of birth, drivers license number, passport number, eye color, blood type, marital status, and mothers maiden name and he will send you the money right away!






[I hope this doesn't get me a scammer tag...]
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April 08, 2013, 10:47:52 PM
 #20

I would like to buy the ENTIRE lot of these.   I will bid whatever you feel fair.   Ignore these other people, they do not have the vision that I have.   I need to get these.
I am willing to pay you in the new currency I am inventing and it will take a while until it is ready so when you deliver the machines to me, you will be the FIRST (the very First) pre-order for this new medium of exchange.   That will be worth tons to you, trust me.   Just name your price.   the currency is denominated in FOADs so just let me know how many FOADs you want and the deal is done.

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