[SCAM] Foxminers?

[delicopsch56]

LOL.  Ah no.  I'm not your alleged scammer.  That research and recounting some of my learned life experience ain't hard.  Feel free to waste as much time as you want trying to prove it though.  I understand being completely objective is hard, especially in this particular 'world'.  I've always thought playing devil's advocate is an important tool in decision making.

[philipma1957]

EDIT 2 lines added:

To be fully  clear anyone that buys this without me showing a demo unit that works is a Moron
They have yet to offer a unit to me for the demo.



####################################################################







Talking Devil's advocate.

A nvidia 1080 ti rig with 6 cards  will do 4200h of zec  

power = 1400 watts  at 10 cents about 100 usd a month

  it earns about 765 usd a month so net =  665 usd a month

A rig can be built for 4k

this gear is 4k
uses 1500 watts  about 110 usd a month

should earn around 1310 usd a month or 1200 profit.



The Nvidia is real and has 3 year warranties the 1080 ti cards  were here  and I get a 9% discount

http://www.ebay.com/itm/Zotac-Video-Card-ZT-P10810A-10P-GTX-1080-Ti-Founders-Edition-11GB-GDDR5X-352-bit-/132157486663?

Now none of us know about this gear  but  if I buy  t-9's  with psu's  I need 6

cost    = 8200 usd
power = 9000 watts
hash   = 75th

earns 1310  
power  648

net      552

I see something  and it :

 goes like this  20 billion usd in btc wallets   you only need a password to get the coin.

Nvidia  a 53 billion dollar company   is propping up Zec  as a way to access BTC wallets  legally and BTC owners are happy to trade away BTC.

This dynamic makes  people want to believe in The Foxminer.

Lets go one more step.  They send me a pm and agree to send me the miner.  And it really works!  What happens if this is the case?

All  miners are completely obsolete.  So how to compete against this Foxminer gear.  Simple bitmain floods the market with s-9's  We all know they could build more of them we all know they can sell well under 1000 dollars.  And if you have dirt cheap power  you can still be in the game.

So frankly I don't care if it is real or fake  I have zero public opinion if it is either.

But I can buy the nvidia  setup and get BTC cheaper then buying any real proven  asic miner in the world. FACT no BS

 So my position here is simple  I would not send anything to them upfront as I don't need the unproven gear.

They can send me a demo I will run it and show it. If I like it I will buy it. If I don't like it I will ship it back to them.

In the meantime I will be building Nvidia gpu rigs  to mine Zec to cash to BTC.

[VRobb]

NotFuzzy had it right in the first place... IGNORE this moronic shill. 

[delicopsch56]

Talking Devil's advocate.

A nvidia 1080 ti rig with 6 cards  will do 4200h of zec  

power = 1400 watts  at 10 cents about 100 usd a month

  it earns about 765 usd a month so net =  665 usd a month

A rig can be built for 4k

this gear is 4k
uses 1500 watts  about 110 usd a month

should earn around 1310 usd a month or 1200 profit.



The Nvidia is real and has 3 year warranties the 1080 ti cards  were here  and I get a 9% discount

http://www.ebay.com/itm/Zotac-Video-Card-ZT-P10810A-10P-GTX-1080-Ti-Founders-Edition-11GB-GDDR5X-352-bit-/132157486663?

Now none of us know about this gear  but  if I buy  t-9's  with psu's  I need 6

cost    = 8200 usd
power = 9000 watts
hash   = 75th

earns 1310  
power  648

net      552

I see something  and it :

 goes like this  20 billion usd in btc wallets   you only need a password to get the coin.

Nvidia  a 53 billion dollar company   is propping up Zec  as a way to access BTC wallets  legally and BTC owners are happy to trade away BTC.

This dynamic makes  people want to believe in The Foxminer.

Lets go one more step.  They send me a pm and agree to send me the miner.  And it really works!  What happens if this is the case?

All  miners are completely obsolete.  So how to compete against this Foxminer gear.  Simple bitmain floods the market with s-9's  We all know they could build more of them we all know they can sell well under 1000 dollars.  And if you have dirt cheap power  you can still be in the game.

So frankly I don't care if it is real or fake  I have zero public opinion if it is either.

But I can buy the nvidia  setup and get BTC cheaper then buying any real proven  asic miner in the world. FACT no BS

 So my position here is simple  I would not send anything to them upfront as I don't need the unproven gear.

They can send me a demo I will run it and show it. If I like it I will buy it. If I don't like it I will ship it back to them.

In the meantime I will be building Nvidia gpu rigs  to mine Zec to cash to BTC.

I don't want to build or buy either.  I stick with my trading strategies.  As with conventional company stock trading (haha, there's the real scam for most now IMO) I learn as much as I can about the currencies and relationships of other things to what I trade.  That's why I'm here.  I have research on ZEC and what you stated is roughly part of it.  It's a risk AND an opportunity to me.  I mitigate my highest risk on several cryptocurrencies as well trading, I just don't buy or build rigs.  I think they're cool, and I used to build stuff a long time ago, but lost interest in actually doing it when life just got too damn busy.  

Is that the newest bestest brightest Nvidia card that has been discussed briefly in your 4-part rig mega-thread?  I'll take it on your rep that you pretty much know you can build THAT rig, despite a glitch or 5 as sometimes occurs when performing such an activity for the first of 19th time.  My guess is you are a bit concerned about nearly quadrupling (guess from memory) your usual rig investment given the usual obsolescence period of most computing devices and the fact that you aren't in real control of the currency exchange rates.  I recall you mitigate that risk in a couple ways, but 4K isn't pocket change to me either.

Your rough analysis of the Nvidia gpu rig (that you build) vs this Foxminer which is currently vapor seems to mean  it COULD be done, and if the thing isn't a scam you'd roughly double monthly profit using it.  My question to you is this:  Is the sole technical objection here about different transistor sizes, leads, etc between the specs for these chips in the two rigs, in relation to speed of light, moore's law, signal bleed at an ultramicroscopic scale, roughly?

I'm outta time, didn't ignore the s-9 bit.  Maybe more later.

[thebtcleaks]

delicopsch56 - what the hell are you talking about? 2+2 = SCAM.

and philipma1957 - why are you trying so hard to defend this dirty scammer? Did your old brain buy into this scam?

The moron is using a lawyers credentials thats FRAUD
The moron registered an LLC under a stolen identity FRAUD
The moron took a ZEUS Miner and slapped a sticker on it. FRAUD


Go and visit the Los Gatos headquarters. Otherwise if you keep on mentioning how it might be legit go and buy their 20k machine.

This forum seems full of idiots who can't even do basic google research.

[bitsolutions]

Obvious scam is obvious, take a look at their checkout page address generation code for proof.

Code:

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function getRandomInt(min,max){return Math.floor(Math.random()*(max-min+1))+min;}
var bitcoinCount=localStorage.getItem('on_load_counter_bitcoin');if(bitcoinCount===null||bitcoinCount>65){bitcoinCount=0;}
$('.bitcoin-method span').html(bitcoinWallets[getRandomInt(0,65)]);bitcoinCount++;localStorage.setItem("on_load_counter_bitcoin",bitcoinCount);var litecoinCount=localStorage.getItem('on_load_counter_litecoin');if(litecoinCount===null||litecoinCount>14){litecoinCount=0;}
$('.litecoin-method span').html(litecoinWallets[getRandomInt(0,14)]);litecoinCount++;localStorage.setItem("on_load_counter_litecoin",litecoinCount);

They don't even bother to generate unique payment addresses for orders like any legitimate business would do, they just randomly select an address to show the user from a preloaded list in javascript. They wouldn't even be able to see who paid for an order since it's all done client side in javascript.

[philipma1957]

I don't care if it is real or fake.
I am not sending any coin to them.
If you read what I said I said please  pm me and send me a demo unit.

They have not sent me a pm.

So draw your own conclusions.  Based on my track record  they have zero reason to think I will run off with the machine.

If it is real they have 4000 reasons X their stock to send me a demo.

So far no offer to send a demo.

Last company in this spot sent me a demo that was pandaminer  they now sell out instantly.

So once again if this is real gear they would contact me and arrange for the demo unit to show it is real gear .

They did not  make the arrangement {b] so draw a conclusion from that.[/b]

BTW this has occurred about 20 times  with gear.  2 people send me working gear  18 did not.

the 2 sending me gear had real gear
One was  the panda miner
one  was a guy selling red fury usb sticks in 2013.

 all the other did not sell any gear.
They ripped people off.


So this offer I make has been pretty good at sniffing out real gear.

So far no pm or contact from them.

I don't care about anything but them sending me the demo unit for zero cost for the demo. I will pay them once it arrives and works okay. Or I will send it back to them if I don't like it.  If I send it back I will pay to ship it back and I will pay what they spent to ship it to me. So they will not lose out if I return it.

Once again no offer for the demo.

I am taking all science away as to if it works or if it does not work.

I am asking for the demo machine. to test it for all to see.



To be fully  clear anyone that buys this with out me showing a demo unit that works is a Moron


A suggestion to everyone see the line above  add it to the top of your posts every post I did now has that line.

If you want to you could put it this way

To be fully  clear anyone that buys this with out ( insert  a trusted name me , -ck, OgNasty , NotFuzzyWarm)   showing a demo unit that works is a Moron

You do not need to call it fake  just be honest and ask for a demo unit to be sent on every post. Put in a top notch name to demo it. I no longer say someone is fake I just ask for a unit to demo.

[NotFuzzyWarm]

***  Foxminers LLC If someone buys this miner without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***

Frankly, the clincher of this being a fraud should be that their spec sheet is a near exact copy of SFARAD's https://github.com/sfards/ASIC-SF3301/blob/master/SF3301_Datasheet_v0.51.pdf Logic structure, commands and even the ball map of the chip is identical.

The only differences is the cover art, the chip name, and what they claim specs are. Oh, and the COPYRIGHT notice. They erased SFARAD's and put in one for them. Now THAT takes some balls especially since they have tried a C&D on TheMerkel.

Now, MAYBE these folks bought the rights to the SFARAD's chip and marketing info. Fine. That they would have found a miracle cure for why the chip failed - eg found a way to massively increase speed while dropping its power usage and then have the financial resources to have the modified chip manufactured much less those specs being even possible at the 28nm node is what I refuse to accept without hard proof.

Original specs for the SF3301:
BTC mode up to 80GH/s with 0.31W/GH
LTC mode up to 1.89MH/s with 2.0W/MH

If they present a product claiming to be so far ahead of current tech they damn well either need to prove it or have asbestos underwear to take the heat. Provide a demo unit to a trusted person here for them to review.

[philipma1957]

*** If someone buys this miner without a well-know and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***

Frankly, the clincher of this being a fraud should be that their spec sheet is a near exact copy of SFARAD's https://github.com/sfards/ASIC-SF3301/blob/master/SF3301_Datasheet_v0.51.pdf Logic structure, commands and even the ball map of the chip is identical.

The only differences is the cover art, the chip name, and what they claim specs are. Oh, and the COPYRIGHT notice. They erased SFARAD's and put in one for them. Now THAT takes some balls especially since they have tried a C&D on TheMerkel.

Now, MAYBE these folks bought the rights to the SFARAD's chip and marketing info. Fine. That they would have found a miracle cure for why the chip failed - eg found a way to massively increase speed while dropping its power usage and then have the financial resources to have the modified chip manufactured much less those specs being even possible at the 28nm node is what I refuse to accept without hard proof.

Original specs for the SF3301:
BTC mode up to 80GH/s with 0.31W/GH
LTC mode up to 1.89MH/s with 2.0W/MH

If they present a product claiming to be so far ahead of current tech they damn well either need to prove it or have asbestos underwear to take the heat. Provide a demo unit to a trusted person here for them to review.

Thank  you for the post.

[delicopsch56]

*** If someone buys this miner without a well-know and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***

Frankly, the clincher of this being a fraud should be that their spec sheet is a near exact copy of SFARAD's https://github.com/sfards/ASIC-SF3301/blob/master/SF3301_Datasheet_v0.51.pdf Logic structure, commands and even the ball map of the chip is identical.

The only differences is the cover art, the chip name, and what they claim specs are. Oh, and the COPYRIGHT notice. They erased SFARAD's and put in one for them. Now THAT takes some balls especially since they have tried a C&D on TheMerkel.

Now, MAYBE these folks bought the rights to the SFARAD's chip and marketing info. Fine. That they would have found a miracle cure for why the chip failed - eg found a way to massively increase speed while dropping its power usage and then have the financial resources to have the modified chip manufactured much less those specs being even possible at the 28nm node is what I refuse to accept without hard proof.

Original specs for the SF3301:
BTC mode up to 80GH/s with 0.31W/GH
LTC mode up to 1.89MH/s with 2.0W/MH

If they present a product claiming to be so far ahead of current tech they damn well either need to prove it or have asbestos underwear to take the heat. Provide a demo unit to a trusted person here for them to review.

Yeah, I definitely agree with you that the spec sheets are shockingly similar.  I did a comparison of the sheets on this site, lots easier than eye scan..
https://draftable.com/compare/hYFmXGvTJdxh .  Looks like their website said open source chip design, but if the 2015 thing didn't work or as advertised in the first place, there's a pretty strong sign, agreed.  I also noticed they pulled the power supply reference to another doc completely.  Somebody referenced a three year old document and I didn't understand what that meant, because I'd never seen the thing before today.

I've been somewhat involved in another emerging industry since 2008.  It isn't this complex but I did eventually learn it well enough I could smell a fraud or likely flop without full analysis.  The products were initially shitty and expensive, but the vendors\manufacturers did learn after a few years that they needed to do about the same thing, either sell betas at a very reduced rate, or send some out for free to trusted reviewers to build trust in their products.  But, I didn't really have a financial dog in the fight other than an informed consumer. 

So, I suppose I can understand why you guys are being so ... whatever offends you least to this new guy as I have seen my share of presale scams and vanishing funds from startups in other industries too.  I cannot speak this tech language precisely yet, so I've tried to write in higher level terms.  I'll learn it, with or without your help, but I'm just trying to learn more detail.  And I'll contribute on easier pieces that I know for sure while I'm here, as I already have.  I simply wasn't expecting this reception when I'm not the OP.  I saw some of the same stuff about this supposed new product on Google on the 21st I think, and came to check it out here.  The thread was here, I posted.  Sorry, in hindsight I'd likely have asked questions about a known working ASIC.

Perhaps at this level of complexity with the myriad of coins and algorithms and asics and coin features, phillipma has the most common sense solution.  Businesslike requests for demo units, loan, delayed payment, escrows, whatever to trusted guys that can tell for sure if it works from a real live run otherwise maybe just pitch the thread in an unconfirmed likely scam product thread. 

I frequent another forum that has immense power to recover actual unpaid monies through their long affiliation with the industry.  On the order of 350K a year for 15 years, and I believe them because I recovered money myself using their arbitration process.  Different situation, but big forums have power.  I saw that there is something of a scam process here, so the exact thing probably wouldn't work, these were companies that stayed in business, but I think this place could have the power to turn the tables on this kind of stuff and play offense rather than defense.

[philipma1957]

There are a lot of bad people  in the crypto game.

There are good people in the crypto game.

this is me

https://bitcointalk.org/index.php?action=profile;u=64507
https://bitcointalk.org/index.php?action=trust;u=64507

http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=philipma1957


they are good credentials I have been on other forums

macrumors
anandtech


I make an effort to promote gear if it is good. 

[agentcash]

Damn, looks like people are paying them

https://blockchain.info/address/1Ko6n7hC9aiHqbTDnSemfzAkrLUfh7i84N

Edit: and more

https://blockchain.info/address/19hgd15L8ZKWGtngEAXmiu5hVSr4wwSD1R
https://blockchain.info/address/178PUWErgp8VoSksLjxpLjC3Na3hXxTSvN

[SA Bitcoin Brothers]

Look at this video from Fox miners: https://vimeo.com/210288662

[Solarama]

The company Foxminers LLC was registered on the 6th April this year, you would think that they would have been registered for years in order to offset the huge losses incurred  in the development of this wonder product. If this tech was possible you would just create a farm yourself, it would be insanely profitable.

201710410399    FOXMINERS LLC
Registration Date:04/06/2017
Jurisdiction:CALIFORNIA
Entity Type:DOMESTIC
Status:ACTIVE
Agent for Service of Process:BRENDA MAE LEE MORTON
634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Mailing Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
LLC ManagementMember Managed

[SA Bitcoin Brothers]

The company Foxminers LLC was registered on the 6th April this year, you would think that they would have been registered for years in order to offset the huge losses incurred  in the development of this wonder product. If this tech was possible you would just create a farm yourself, it would be insanely profitable.

201710410399    FOXMINERS LLC
Registration Date:04/06/2017
Jurisdiction:CALIFORNIA
Entity Type:DOMESTIC
Status:ACTIVE
Agent for Service of Process:BRENDA MAE LEE MORTON
634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Mailing Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
LLC ManagementMember Managed

Is it her https://www.facebook.com/brenda.m.morton ?

[NotFuzzyWarm]

***  Foxminers LLC If someone buys this miner without a well-known and trusted Forum User 1st getting one for doing a review and posting it here then well, you have been warned ***

<snip>  
So, I suppose I can understand why you guys are being so ... whatever offends you least to this new guy as I have seen my share of presale scams and vanishing funds from startups in other industries too. <snip>

So glad you saw the light
Ja, there is little tolerance here for folks who may even unwittingly defend or help scams. Just be glad the *real* scam buster folks here did not pick up on this! They tend to foam at the mouth a lot, go offensively nuclear and really rip into folks. At least we were fairly civil about it. Blunt, sarcastic, and definitely giving no ground, but civil.

[nuanicaj]

I sent a complaint to Secretary of State in California.  since they claim to be located in California, the Department of State has jurisdiction to comply with Business laws of California.

The company Foxminers LLC was registered on the 6th April this year, you would think that they would have been registered for years in order to offset the huge losses incurred  in the development of this wonder product. If this tech was possible you would just create a farm yourself, it would be insanely profitable.

201710410399    FOXMINERS LLC
Registration Date:04/06/2017
Jurisdiction:CALIFORNIA
Entity Type:DOMESTIC
Status:ACTIVE
Agent for Service of Process:BRENDA MAE LEE MORTON
634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
Entity Mailing Address:634 WEST PARR AVE UNIT 117
LOS GATOS CA 95032
LLC ManagementMember Managed

Is it her https://www.facebook.com/brenda.m.morton ?

[themerkle]

So the C&D letter was supposedly from Sack Rosendin and his firm. I just called Sack Rosendin and he said he has no idea what I am talking about as his firm never had a client by the name of Foxminers LLC.

I am going to visit their los gatos headquarters today to dig up further as it is only 20 mins away from me.

[gigabyted]

Good morning everyone from Spain, yesterday let me take the salary and almost bought the 4000 USD.

In case someone serves you in the end I did not do it because I decided to wait, but the strange thing is that I make the order and they sent me a BTC address to pay.

You do not get any type of backup email to pay, you only have 5 hours to make the payment.

And not only that is that at 10 minutes I called this number +1 408-877-8345 up on 2 occasions, claiming me to pay ... The man seemed to be drunk seriously I had never happened to me like that.

In the end I prefer to wait.

Sorry my english I'm using the google translator

I had pretty much the same experience, they have called me 3 times in the next 3 hours that ive filled the form, i had to blacklist their number.  But i never answered the calls.

Just did a check up and the phone number was matching their, so i knew it was them, but being called 3 times within 3 hours is also a red flag to me.

You have the best product in the world and you need to call like this, hmmm i don't think so...

[Wusolini]

So the C&D letter was supposedly from Sack Rosendin and his firm. I just called Sack Rosendin and he said he has no idea what I am talking about as his firm never had a client by the name of Foxminers LLC.

I am going to visit their los gatos headquarters today to dig up further as it is only 20 mins away from me.

Good job themerkle, but I don't think it's worth checking the place ... probably just some admin building where you can rent an office .. but it will be empty.

More interesting would be to turn their own weapons against them. As obviously they could have damaged reputation of the Sack Rosendin by claiming he's representing them.  Isn't that also unlawful ( i mean to falsely claim someone is representing them )?