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Author Topic: Is Syan a real deal?  (Read 5173 times)
gogostar
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October 03, 2017, 10:47:39 AM
 #1

Hi,
 i was reading about theese new Syan miners, but never heard about this company. Did anybody have any experience with them or is it just another scam?

https://syanmining.com/hardware/
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wavelengthsf
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October 03, 2017, 03:14:19 PM
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So far all they have is a bunch of press releases and not much proof the chip exists.
andytranter
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October 03, 2017, 03:18:05 PM
 #3

Looks like a nice miner though! Website is a little bit slow, but looks quite polished.

seems to me like they're designing it as a home miner (especially with the water cooled parts). one thing that i'm not sure about though is the fan working @ 6,200 RPM - seems very high to me, which might indicate it would be very noisy if aimed at being a home miner.

I would question why they haven't been active on this forum though. If they were going to introduce themselves as a new bona fide manufacturer, then they would definitely have a relationship with the forum, and most probably some of the more senior and serious miners.

Made you look!
philipma1957
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October 03, 2017, 04:13:23 PM
 #4

it is listed as sold out.  No visuals .  Another wait and see item.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
KeezAZA
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October 03, 2017, 06:57:06 PM
 #5

Either this is a new venture for them or a 'startup company'

Site was recently registered.
Domain Information
Domain: syanmining.com
Registrar: NameCheap Inc.
Registration Date: 2017-06-23
Expiration Date: 2018-06-23
Updated Date: 2017-06-23
Status: clientTransferProhibited
Name Servers:dns11.hosthongkong.com
dns12.hosthongkong.com
sidehack
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October 03, 2017, 08:21:38 PM
 #6

If I remember the "about us" on their page (which won't load a darn thing without javascript, screw them and their web designer) they claim to have been around in the LA area but moved operations to China sometime last year. So who were they back then?

Selling seconds 2Pacs for a friend's med bills - PM for details
Currently in development - 20-120GH USB stick; 700GH 75W pod; 4TH volt-adjustable S1/3/5 upgrade kit
Server PSU interface boards and cables. USB and small-scale miners. Hardware hosting, advice and odd-jobs. Supporting the home miner community since 2013 - http://www.gekkoscience.com
jimmy_007vn
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October 04, 2017, 02:30:35 AM
 #7

Syan Technologies - Fintech arm of the Dubai-based Zahrani Group
They are working on LTC miners now. interesting miner but we need more information
Thetaj
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October 04, 2017, 05:17:35 AM
 #8

I looked up Zahrani group

http://www.alzahrani.com.sa/about.html

It says they manufacture spoons and stuff like that. I don't know whether this is the only Zahrani group though.

No other search turned up any result. Also tried calling them (cus I'm in Asia) no one answered as well.

Haven't had time to visit HK yet. If I do I'll probably give their HQ a visit
gogostar
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October 04, 2017, 10:40:56 AM
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I looked up Zahrani group

http://www.alzahrani.com.sa/about.html

It says they manufacture spoons and stuff like that. I don't know whether this is the only Zahrani group though.

No other search turned up any result. Also tried calling them (cus I'm in Asia) no one answered as well.

Haven't had time to visit HK yet. If I do I'll probably give their HQ a visit


If you do let us know please,
it would be nice to have another company making miners.
i'm good for spoons...
leowonderful
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October 04, 2017, 12:25:02 PM
 #10

Nobody’s heard of them yet and they have yet to contribute anything to the mining community. Until they actually complete a miner and sell it, they’re just a vaporware miner manufacturer. Hopefully they dont massively underperform like Innosilicon on release, though.














 

 

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NotFuzzyWarm
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October 04, 2017, 12:46:21 PM
 #11

If they are not vaporware then they should know the drill for introducing themselves:
Do the Tradeshow route to get (legit) press coverage to show the general public you at least built something.
Solicit known reputable users here to to a review of it with the usual conditions: Send it to them gratis, they do a yay/nay/meh review of it then either return it or if they really like it - buy the one they were sent.

-Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats http://bit.ly/1Qjt6lj
-For bitcoin to succeed the community must police itself.
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
fanatic26
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October 04, 2017, 04:04:52 PM
 #12

The miner looks like a photoshopped version of a cooler master micro itx case. Even the sticker on the fan looks identical.

I vote scam.

Stop buying industrial miners, running them at home, and then complaining about the noise.
Thetaj
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October 04, 2017, 04:12:05 PM
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The miner looks like a photoshopped version of a cooler master micro itx case. Even the sticker on the fan looks identical.

I vote scam.

Now that you mention it, yes, it does look like the micro-itx. But lets give them the benefit of a doubt.

I have heard that they were on show in Dubai. Does anyone know whether thats true?
fanatic26
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October 04, 2017, 04:19:27 PM
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Also if the chip is 25% more efficient than the current best in class S9 you would think they would be plastering advertisements whereever they could. They could completely take over the bitcoin hardware game if these machiens were legit.

Stop buying industrial miners, running them at home, and then complaining about the noise.
Logan4el
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October 04, 2017, 04:33:33 PM
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How likely that company with millions investment will use Google Translate to save few hundred bucks on website translation to Russian language?
philipma1957
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October 04, 2017, 05:41:53 PM
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Also if the chip is 25% more efficient than the current best in class S9 you would think they would be plastering advertisements whereever they could. They could completely take over the bitcoin hardware game if these machiens were legit.

well they would have a 25% edge only if the power was cheap  under 5 cents

and of course if it is cheap to build machine.

My guess is bitmain could send an s-9 shipped to me in NJ ,USA  for 600 usd and turn a profit. SMALL PROFIT but a profit.


Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
leowonderful
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October 04, 2017, 06:01:39 PM
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How likely that company with millions investment will use Google Translate to save few hundred bucks on website translation to Russian language?
I mean Baikal also has horrible translations (well they used to) and they are chinese/russian. It is a little suspicious though, but what’s more suspicious is just the lack of information about anything on their site. I smell vaporware. Only specs and not much else.














 

 

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sidehack
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October 04, 2017, 06:08:52 PM
 #18

My guess is bitmain could send an s-9 shipped to me in NJ ,USA  for 600 usd and turn a profit. SMALL PROFIT but a profit.

Maybe. Gotta remember it's got almost 200 16nm ASICs in there, and those aren't exactly cheap to make.

Selling seconds 2Pacs for a friend's med bills - PM for details
Currently in development - 20-120GH USB stick; 700GH 75W pod; 4TH volt-adjustable S1/3/5 upgrade kit
Server PSU interface boards and cables. USB and small-scale miners. Hardware hosting, advice and odd-jobs. Supporting the home miner community since 2013 - http://www.gekkoscience.com
jimmy_007vn
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October 05, 2017, 03:53:47 PM
 #19

I've been emailing the customer support to ask about the next batch and the payment options. here is their response:

Thank you for writing.
PSU, board and chips all come with a 5 year warrenty for defects.
I can fully appreciate your concern. I have also been mining for a number of years and I'm fully aware that many companies have failed to deliver. It is always a concern with a new company.
Our preferred payment option is obviously BTC since we aim to support the network wherever we can. However, we also will be accepting fiat payments via our escrow provider.
If you have any doubts at all, you could always wait and place an order for batch 2.
Please let me know if you have anymore questions.
Best regards,
Clive.
 
Thetaj
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October 05, 2017, 04:07:48 PM
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I've been emailing the customer support to ask about the next batch and the payment options. here is their response:

Thank you for writing.
PSU, board and chips all come with a 5 year warrenty for defects.
I can fully appreciate your concern. I have also been mining for a number of years and I'm fully aware that many companies have failed to deliver. It is always a concern with a new company.
Our preferred payment option is obviously BTC since we aim to support the network wherever we can. However, we also will be accepting fiat payments via our escrow provider.
If you have any doubts at all, you could always wait and place an order for batch 2.
Please let me know if you have anymore questions.
Best regards,
Clive.
 

Only thing left to do.......visit their headquarters and see what the hell is going on
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