Off-Topic

[AtomSea]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

I would like to know this information as well.

[1714842282]

1714842282

[1714842282]

1714842282

[1714842282]

1714842282

[1714842282]

1714842282

[1714842282]

1714842282

[southerngentuk]

Whilst you guys have my greatest sympathy, I feel you my as well write your comments on a piece of paper, shove it in a bottle and toss it in the ocean.

You guys need to collect together your info and take it to the local police as a fraud case, and then look to private action.

[Tad3j]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

I would like to know this information as well.

Well this is what I would like to know also! Guessing they are trying to return and resell all the stock that has not been in use. After they clean up evertyhing they will know how much can they return ... It's better to wait for some actual news.

[notlist3d]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

I would like to know this information as well.

Well this is what I would like to know also! Guessing they are trying to return and resell all the stock that has not been in use. After they clean up evertyhing they will know how much can they return ... It's better to wait for some actual news.

If you believe they are returning parts that they NEVER showed proof of buying, then i have a bridge to sell you.  I personally believe the only cleaning being done is bank accounts.  Just waiting till they are truly sued and then they go under.  They announced they were closing..... but if they are not sued don't you think they will leave it open and get every bit of salary they can?  And the BTC..... yea i predict its gone and they sit on it.

I also think the only reason they came on forum before to give any update was Amir's info being posted.

[Tad3j]

This is your opinion. So far can it be even right or wrong as mine. I am willing to wait for the facts from the company. They showed positive purpose and that's what counts. Someone who has a positive purpose from start, they just don't change into bad guys and leave. There was alot of confirmations from different sources.

[btceic]

This is your opinion. So far can it be even right or wrong as mine. I am willing to wait for the facts from the company. They showed positive purpose and that's what counts. Someone who has a positive purpose from start, they just don't change into bad guys and leave. There was alot of confirmations from different sources.

Bar is this your alt account?

[notlist3d]

This is your opinion. So far can it be even right or wrong as mine. I am willing to wait for the facts from the company. They showed positive purpose and that's what counts. Someone who has a positive purpose from start, they just don't change into bad guys and leave. There was alot of confirmations from different sources.

Bar is this your alt account?

Lol maybe Knight made a new appearance if not. Knight care to talk again about how you saw Amir log into 1 account and saw all these chip orders? What facts do you want from company Tad?

Here are facts they have said they are NOT producing the product.  They missed any possible deadline, except the one accepting pre-orders.  The confirmations were a joke.  We had someone who confirmed orders of chips that were NEVER ordered.  They never even had a video of proper prototype.    

Where are your sources about how the refund process is going? *crickets* there are none!  The company if sued is going to have to close they don't have any cash going in, just salaries and things going out.  

I would guess Amir is more worried about having a lawyer lined up.  And.... maybe working on a resume.    Only thing we can hope is that who ever he tries to work for finds this failed company before hiring him.

[joeventura]

Let me help you out from under that rock.

Terrahash is over, they aren't coming back, they are not refunding any money.

You want something from them get an attorney.

Let this thread die, its over.

[southerngentuk]

Let me help you out from under that rock.

Terrahash is over, they aren't coming back, they are not refunding any money.

You want something from them get an attorney.

Let this thread die, its over.

Sadly, I think your right.

[fire5]

k16's working 100%

[southerngentuk]

/\
Good points,
Add the fact that the last revision board was still a beta I doubt he would have ordered pcb's.
Components are cheap.
And TH has been full of s*it from the beginning.

[fasmax]

Maybe TH got the K16 working and built them.
Then let everyone think it wasn't working.
They could have mined a lot of BTC by now.

[newguy05]

User bogart has the 3 k16's hashing at 2.5G hash avg, in the klondike thread,

Avalons selling trays of chips for 100Btc each.  http://avalon-asics.com/product/avalon-110nm-chip-10000-tray/

Th supposedly says he has 80k something supplies for the k16 boards.

Terrahash decided to log out on the same day of month as bkkcoins.

No news about refunds. Stated only 50% because he bought his 80k k16 gear.

Why wont you send 50% of our money and 50% of k16 gear worth, BTC went from 110$ - 70$ - 165$ from the time you took peoples money, even

if you held onto it without doing shit thats 55$ up a btc so why the 50% bullshit. 50% is like saying you don't give a shit about even doing the

actual calculations, and thats even if we believe the 80k worth of k16's story. Your whole attitude towards people who ordered from you is shit.

Fuck you xxfucker
          .-.                                 
          |U|                               
          | |                                 
          | |                                 
         _| |_                             
        | | | |-.                       
       /|     ` |                       
      | |       |                 
      |         |             
      \         /                   
       |       |                       
       |       |                     

what makes you believe TH will refund 50% of your money, because they said so?  you will not see 1 cent of your money unless you take them to court.

[notlist3d]

User bogart has the 3 k16's hashing at 2.5G hash avg, in the klondike thread,

Avalons selling trays of chips for 100Btc each.  http://avalon-asics.com/product/avalon-110nm-chip-10000-tray/

Th supposedly says he has 80k something supplies for the k16 boards.

Terrahash decided to log out on the same day of month as bkkcoins.

No news about refunds. Stated only 50% because he bought his 80k k16 gear.

Why wont you send 50% of our money and 50% of k16 gear worth, BTC went from 110$ - 70$ - 165$ from the time you took peoples money, even

if you held onto it without doing shit thats 55$ up a btc so why the 50% bullshit. 50% is like saying you don't give a shit about even doing the

actual calculations, and thats even if we believe the 80k worth of k16's story. Your whole attitude towards people who ordered from you is shit.

Fuck you xxfucker
          .-.                                 
          |U|                               
          | |                                 
          | |                                 
         _| |_                             
        | | | |-.                       
       /|     ` |                       
      | |       |                 
      |         |             
      \         /                   
       |       |                       
       |       |                     

what makes you believe TH will refund 50% of your money, because they said so?  you will not see 1 cent of your money unless you take them to court.

Seems if anyone really is taking them to court maybe they actually got good advice of not posting about it on forum, and let lawyer handle it.

Knight where are you?  Can you verify TH's refunds with you verifying chip orders .... watching them sign in for orders that were not there.  And hi Amir! What is your next company going to be?  Will you keep this one open till all money is drained?

[hammurabi]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

Currently the mentioned amount of BTC3,471.86046069 in TH stash divided by 40.000 chips ordered equals to BTC0.086775 per chip.
Which should be available at hand for immediate refunds.

Which is BTC1.3884 per K16. Or $208.26 now.
Which is BTC5.5536 per K64. Or $833.04 now.

(Assuming current btc price ~$150).
And still there is a lot of parts for reuse or sell.

Why is TH not taking action and taking advantage of current exchange price?

[btceic]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

Currently the mentioned amount of BTC3,471.86046069 in TH stash divided by 40.000 chips ordered equals to BTC0.086775 per chip.
Which should be available at hand for immediate refunds.

Which is BTC1.3884 per K16. Or $208.26 now.
Which is BTC5.5536 per K64. Or $833.04 now.

(Assuming current btc price ~$150).
And still there is a lot of parts for reuse or sell.

Why is TH not taking action and taking advantage of current exchange price?

I am pretty certain that it was proven that TH never purchased the 2-3 other 10,000 chips.

[3DX4D]

Why is TH not taking action and taking advantage of current exchange price?

IMHO TH has probably retained legal counsel, and it will probably take a normal bankruptcy attorney a while to get his head around the whole Bitcoin thingy.  Favourable exchange rates or not, if they have a lawyer they are assuredly acting on his advice and I doubt he would advise them of anything until he has a clear understanding of potential legal implications and that might take him a while lol!

[Noruka]

knightlife also made an ebay listing that i had mentioned before.   knightlife promised people 15 btc per year for only $250. on ebay.  well how can that be honest Huh  that is like giving away $1500 for 250.  each listing on ebay was for 5 units of his miners (not one unit per listing)

see here

http://www.ebay.co.uk/itm/Bitcoin-BTC-virtual-miner-10-GH-s-/181191689905

see the writing in green


I guarantee that your rented miners will make you 15 Bitcoin or 660 Litecoin
(your choice) in 1 year from start of my mining operation for
each 5 units purchased.

this is definitely fraud.

Accusing people of fraud is very serious especially when you have not a single shred of evidence.

So either provide your detailed proof or shut up.

exactly. Fraud and scam are different as well.

[fire5]

More people have the k16 klondike working with firmware issues,

Avalon website store still has "only 1 10k chips left in stock" .

[fasmax]

Does anyone think TH still has or ever had the parts to build the K16's?
If so what do you think they did or will do with all the parts?