[ANN] xCrowd*US/UK*TH/s+ Units

[User705]

Here's a tough question.

XC offers hosted mining, only $44k & $5k a month. 30% down in escrow, of course.

Now, explain to me how the customer will ever know that they've actually delivered the unit.

All of this could be a beard for the hosting scam. Why are the hosting prices so incredibly high? To catch whales, of course.

You simply tell whale his device is hashing, send a few BTC to his wallet of choice as if it were part of a pool share, get him to release the escrow (multi-sig allows this without need for the escrow agent to even agree) and bam. Conned.

Watch out. We still have no idea who is behind Xcrowd, who the principals are, who's speaking on this account. I can't believe anyone has given them any money without that sort of forthrightness right away.

http://imgur.com/Xwa0jUQ

its pretty easy to prove hosting.  Make it solo mine and the coins will be newly generated.

[User705]

I got a question.  Does the 10% premium when you do the 30% deposit method goes to you right away?

Only 30% of the 10% premium will be part of the initial 30% deposit. For example; on a $1098 Elysium (10% premium included) you would only have to deposit $99 now instead of the extra $330 added.

im not clear.  My question is making sure that no funds whatsoever go to you before shipping.  Yes or no?  Also probably a quick post by John k confirming things would be good too.

[MikeyVeez]

These units are still useless man, by the time you get them they are completely useless, how stupid can you people be???

The 1.2TH unit with December 1st, Delivery will give you a rate of return of -$2,000
Settings for mining.theblockchain.com since the links stop working usually.

1200
3000 watts
$13500 with taxes, shipping


http://mining.thegenesisblock.com/a/afefcd5f08

[eestimees]

So Olympus is

Unit Dimensions:  W65"xH60"xD25"

that is in metric: wide 165cm, height 152cm, depth 63cm - good old mainframe times come to my mind.. where big "boxes with fans" did "something" and it was cool

[wynack]

Hi xcrowd,

I sent an email about changing my order.. I haven't heard back yet - I know you must be flat out, but i have seen a lot of replies to Forum posts while I have been waiting.

[ur0pl]

These units are still useless man, by the time you get them they are completely useless, how stupid can you people be???

The 1.2TH unit with December 1st, Delivery will give you a rate of return of -$2,000
Settings for mining.theblockchain.com since the links stop working usually.

1200
3000 watts
$13500 with taxes, shipping


http://mining.thegenesisblock.com/a/afefcd5f08

The unit you are talking about is 8k not 13.5k. I don't know where you get 13.5k from

[DebitMe]

I got a question.  Does the 10% premium when you do the 30% deposit method goes to you right away?

Only 30% of the 10% premium will be part of the initial 30% deposit. For example; on a $1098 Elysium (10% premium included) you would only have to deposit $99 now instead of the extra $330 added.

im not clear.  My question is making sure that no funds whatsoever go to you before shipping.  Yes or no?  Also probably a quick post by John k confirming things would be good too.

That is what I was thinking as well, could we get John K. to post a quick reply stating that he is in fact in coherts to provide escrow responsibilities for these transactions?

[bit_wizard]

Hi xcrowd,

I sent an email about changing my order.. I haven't heard back yet - I know you must be flat out, but i have seen a lot of replies to Forum posts while I have been waiting.

In the same boat, and would like to change my order while saving my order number.

[FCTaiChi]

Without a manufacturer and more details I can't in good conscience keep you on the list.  I wish I had asked if this information was planned on being released earlier.

Not sure of what you were referring to in your previous question. Foundry?

Yes, who will actually be making the chips after they are designed?

[bit_wizard]

Without a manufacturer and more details I can't in good conscience keep you on the list.  I wish I had asked if this information was planned on being released earlier.

Not sure of what you were referring to in your previous question. Foundry?

Yes, who will actually be making the chips after they are designed?

https://www.xcrowd.co.uk/mining/home.html

TSMC 40G.

[DebitMe]

Also, what happens if I need to change the address that I chose for shipping?  I am moving into an apartment here in a couple months and will still have access to the original shipping address at dear ol mom and dads, but if I want to change it to the new destination is that possible?

[Rampion]

Why the text in the OP has been deleted and replaced by a link to a newsletter?

[DebitMe]

And, if I decide to take the difficulty insurance (if it rises by that much) and order a second unit at half price.  Where does the second unit go into the waitlist?  Will I get it with my original unit that was ordered, or will it be tacked on at the end of the waiting list?

[bit_wizard]

And, if I decide to take the difficulty insurance (if it rises by that much) and order a second unit at half price.  Where does the second unit go into the waitlist?  Will I get it with my original unit that was ordered, or will it be tacked on at the end of the waiting list?

+1

Maybe we could also address these concerns on their forum: https://www.xcrowd.co.uk/forum/

[DebitMe]

And, if I decide to take the difficulty insurance (if it rises by that much) and order a second unit at half price.  Where does the second unit go into the waitlist?  Will I get it with my original unit that was ordered, or will it be tacked on at the end of the waiting list?

+1

Maybe we could also address these concerns on their forum: https://www.xcrowd.co.uk/forum/

They have done a good job of getting things answered here, if you would like you may go and post it there, I am just trying to make sure a comprehensive FAQ is written up for the first page.  Basically just submitting questions as they come to mind.

[vgo]

xcrowd, who are you???  

You sell, from China from UK Incl. VAT Excl. VAT

[WastedLTC]

This whole thing is just too weird for me...  The design of the site and units are great but that's it.   The rest gets too fishy for me.

Good luck!

[abuelau]

So what? It's all based on escrow. What is really the risk you are taking? I don't understand why you guys bitch so much, if they don't deliver you simply get your money back from the escrow. To me the only risk is having a couple of BTC tight up with in the escrow and losing the opportunity to invest those BTC somewhere else.

[KS]

Watch out. We still have no idea who is behind Xcrowd, who the principals are, who's speaking on this account. I can't believe anyone has given them any money without that sort of forthrightness right away.

^THIS

I was going to post a summary like that, beat me to it. Good to see someone is thinking.

@xCrowd: could you please explain the relationship between Sophia Jennah Ltd, Terra Deux Ltd and xCrowd, given Mr Adbdi Ismail Mahamud is part of all 3, they all exist (although they are very recent, 11/07/2013 for Terra Deux Ltd) and they are, for lack of a better word, interlocked?

TLDR, sorry if this has been explained before, I'm on a sabbatical

[abuelau]

Except that....no one has given any money to anyone! They are taking orders but no one paid anything yet.

And when someone pays, it will not go to them but rather to an escrow.