PROOF: Bitmain is selling old hardware as NEW miners!

[sidehack]

Yeah but this is the BTC board, where people go to talk about mining BTC because they want to mine BTC. GPU coins and the people who want to mine them instead are talked about somewhere else.

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[philipma1957]

ppl dont buy from bitmain or any other company like that fuck the asics go get some gpu and mine gpu coins more centralized!! bitmain controlls the btc hashrate and this is a shame... 3rd but not least do you realy think someone sells you devices you get millioner with no no they wont they will use it self !!! sry4badenglish

They can't mine themselves.

 BTC  or any cryptocoin needs multiple miners.

So  they have a balancing act of mining  some coins for their self  and selling some gear for us.

The issue is they are really really really fucking slow to repair the gear when gear breaks.

In my opinion  the worst issue is hashnest.

They rent you a miner.

the s-7 or the s-9

No one audits them.

So if they  rent you an s-7  and charge you  45%  of your coins earned for maintenance
No on checks to see if they are using an s-7

they could be using an s-9   which should be 20% of your coins for maintenance


so if the s-7s they rent   make 10 million usd a year  they charge  4.5 million

this would mean  they spend 2 million on power if they are using s-9's    a score of 2.5 million.

No enforcement on this  no way to know if they do it.

this = big money

22 cents a th daily
I have the top 40 selling offers listed below
there are many other sellers

[toptek]

    
 PROOF: Bitmain is selling old hardware as NEW miners!

LMAO who needed Proof it's all ways been that way ....

I hope when japan starts to take over next year that company is honest and sells new gear and not used shit .Sense it's a free world company we just might see some form of honestly again ..  i know some will say most in the free world are this or that, then go live in china I say lol then come back and say that, soon they will out law bitcoins or limit the use so bad in china no one will care or want to deal with china any more bitcoin wise, SO what if they do there lose the rest of the world won't care in fact in my State BTCS http://www.btcs.com/index.php  has opened the first public US block chain so a email i just got claimed ..things in my state are really starting to look good and not Because of the commander in chief ass hole in office either ..
bitmain  pissed me off to the point i told them fuck off and i haven't bought one thing from them sense and won't but that's me ...I could have a few times so  I put it into GPUS and Scrpt miners etc and I'm not pushing GPU's here, I know better ..I like mining and can't give it up...... mostly for fun and I learn a lot and i will admit it for the cash.


edit

PS: i remember a time when Bitmain may have seemed honest and told us they were selling used miner and sold them as used not any more they don't care .an. in there eyes why should they that got and keep getting what they want form us ...and we let them so who's fault is it really .. well any way GL i hope you some how get some thing back in return at some point .

[ocesco]

I've been in schenzen some year  ago, there are whole buildings where they take the used stuff, clean it, change labels, and put them in new cartoons that always produce the original factories. I saw they sell original notebook cartons at $ 20 with manuals and everything new, ready for a used notebook

in china transforming used stuff to new is normal, selling fake stuff is normal, every job that make profit is normal for them

[toptek]

Block chain or blockchain is not a technology, nothing hot, nothing new, as old as hashing.
Blockchain is not green , is not eco, is the most expensive idea ever implemented in the public,
to make "idiots busy" - following an old Internet hoax - How to make idiot busy.

Selling refurbished hardware stuff is as old on the eBay as eBay self.

So you are free to buy or not to buy and negotiate terms, discuss details, exactly as buying new/used car.



That wasn't my point

O an that makes it ok to sell Used junk as new ? ....at least on Ebay you can do something about it in most cases you get your money back.. with bitmain GL.

an in this case this no negotiating terms.. you either buy it or you don't used or new bitmain doesn't care you get what they sell you, with no claim as to if it's new or used and bitmian used to or at least acted like they  cared til the antminer S5 came out an about then they started getting what they think is control , which is to rich for there own good.

You missed my whole point ...

The block chain or  blockchain or whatever , is a technology not a hardware technology but it is a technology and that technology is needed to trade bitcoins or any coin...or mine
I never once thought of it, as a way to get rich, sigh..

why am i even bothering to explain to a Newbie who is either a troll or in learning mode or made a account so he or she could try to make others look bad without letting on who he or she really is ...

I was only commenting about how bad bitmain got over the years because of greed mostly, an there time is coming and we may have some new and fresh players that care or are honest to some degree from the free world an the OP is right , most of us know how bad bitmain is, an it's all ways good to see others prove it .

I'll shut up now before this leads to something it shouldn't...

[pinkman12345]

After 3 days of mining !

if the proof is legit then it is a worth of concern, I believe BITMAIN as a hallmark in the field when it comes to buy Miner. many miners company came and gone Butterfly is a example but they never sold an outdated hardware at the new price.
Thanks for alerting though.