Official BITMINE CoinCraft series 28nm ASIC miners thread

[jseppeli]

Tell me one think. They make and sell over 90% of devices. They have our money from this. But they told everybody they can refund money because company have financial problem.
Yeah right. They take our money and invest them with another business connected with bitcoin. Now they have in business plan that can refund people few $ when bitcoin price be over 500 $.
This company need to refund almost 500 000 $ and 170 bitcoin.
1000 bitcoin was sended to the new invest program. Normal people who have ordered near lawyer cost can w8 another year for refund. Its bull shit talking.
So now I need to cooperate with them and lose more money?
Who got refund?
Who got coupon on cloud mining and CAN PAYOUT BITCOIN?
Who? Tell me. Find only one person on over 5000 orders. Find just one.

I got cloud mining as refund

[michal1]

@up
And can you payout bitcoin?
Obviously NO.
You don't understand?
You make order for device. They can't make in on time so they offer you cloud mining but when you accept this you sign new different contract.
So now you see digging simulation on in better case you can mine but can't pay until they give you this opportunity. But they have in plan make it after BTC rise over 500$ so you need to w8 with your BTC on THEY wallet

Great solution to lose few $ and make few people in Bitmine rich.

[jseppeli]

@up
And can you payout bitcoin?
Obviously NO.
You don't understand?
You make order for device. They can't make in on time so they offer you cloud mining but when you accept this you sign new different contract.
So now you see digging simulation on in better case you can mine but can't pay until they give you this opportunity. But they have in plan make it after BTC rise over 500$ so you need to w8 with your BTC on THEY wallet

Great solution to lose few $ and make few people in Bitmine rich.

I have gotten pay-outs from the cloud, so in my opinion this was a better solution than receiving nothing in refund

[SCOnline]

Ordered a Bitmine Hashing Unit Nov 18th, requested a refund multiple times, no reply. e-mails throughout the year. No reply. Still trying to get my refund back.

This company is not a good company.

   

[3DX4D]

RETURN OUR MONEY

You scamming lying pieces of shit

[veremii]

So, today i'm send so many e-mails related to SCAM from bitmine side. Also i'd try to rise request in my country.
And i have ask, someone there try to do same things. As i'm understand, bitmine do not want to make any refunds and today we can discuss with them only by law's.
What do u think about it?

[RoadStress]

RETURN OUR MONEY

You scamming lying pieces of shit

http://www.ibtimes.co.uk/geothermal-gold-why-bitcoin-mines-are-moving-iceland-1468295

Currently Bitmine have around one petahash per second (Ph/s) of mining capabilities generating around 4,000 bitcoins per month - the equivalent of around $1.2 million (£750,000, €950,000) worth of bitcoin at today's prices.

[3DX4D]

RETURN OUR MONEY

You scamming lying pieces of shit

http://www.ibtimes.co.uk/geothermal-gold-why-bitcoin-mines-are-moving-iceland-1468295

Currently Bitmine have around one petahash per second (Ph/s) of mining capabilities generating around 4,000 bitcoins per month - the equivalent of around $1.2 million (£750,000, €950,000) worth of bitcoin at today's prices.

Steal thousands of coins from customers, then mine thousands more, pretty sweet gig if you want my opinion   They won't even swap my order value to cloud hashing so I can lose a little bit less than all of it.  They don't even return my very polite emails for months now.  Yup, big time fucking scam operation.

Wow they won't even refund a measly ~9 coins but can mine 4k coins a month, with 3 times that yet to deploy~!

[michal1]

RETURN OUR MONEY

You scamming lying pieces of shit

http://www.ibtimes.co.uk/geothermal-gold-why-bitcoin-mines-are-moving-iceland-1468295

Currently Bitmine have around one petahash per second (Ph/s) of mining capabilities generating around 4,000 bitcoins per month - the equivalent of around $1.2 million (£750,000, €950,000) worth of bitcoin at today's prices.

Very good article. Now we know how they financial problem looks like.
Giorgio need to buy another Lambo. Aventador is pretty good, Huracan maybe. Others workers also need to buy better cars and houses.

[Tinua]

Guys!
Even you're frustrated, Stay with the truth!
1 Ph/s produce only 400 BTC/month !!

Regards

[crocko]

Guys!
Even you're frustrated, Stay with the truth!
1 Ph/s produce only 400 BTC/month !!

Regards

The Bitcoin price will raise for sure. I am wondering why is not jumping already to $5-600, after PayPal adoption.
And maybe others good news will follow...
Now multiply 400 BTC with this numbers and see the results.

[michal1]

Bitcoin is on low lvl because one mine have 51% of hashrate or even more. They cross the line 2 months ago. Now we can only pray to them to stop destroying protocol

[jseppeli]

Bitcoin is on low lvl because one mine have 51% of hashrate or even more. They cross the line 2 months ago. Now we can only pray to them to stop destroying protocol

No mining operation has even nearly 51%
https://blockchain.info/pools

[dogie]

This company's rating has been updated in the Manufacturer Trustworthiness thread.

[This message won't be monitored, discuss your concerns in the thread.]

[samsonn25]

Bitcoin is on low lvl because one mine have 51% of hashrate or even more. They cross the line 2 months ago. Now we can only pray to them to stop destroying protocol

No mining operation has even nearly 51%
https://blockchain.info/pools

The Chinese are killing it with miners on Discus Fish.

[crocko]

Bitcoin is on low lvl because one mine have 51% of hashrate or even more. They cross the line 2 months ago. Now we can only pray to them to stop destroying protocol

No mining operation has even nearly 51%
https://blockchain.info/pools

The Chinese are killing it with miners on Discus Fish.

The Chinese don't have cheap energy therefore they can't growth in this business forever unless they will switch to better tech like 28 nm chips. Their main workhorse consist in generation 1 ASIC (55 nm). 

[jpass022]

In case the Bitmine boys are still monitoring this, you can see what your machines are worth on the open market....

[crocko]

How about filling a complain to the Interpol (http://www.interpol.int/) ?
This shall solve the problems with the refunds, right ?

[swiss-miner]

i cannot find this listing on eBay.. the machines are still quite expensive, on average people are asking for 1Euro (1.1 USD) per 1 GH/s

In case the Bitmine boys are still monitoring this, you can see what your machines are worth on the open market....

https://i.imgur.com/9w6sLuH.jpg?1

[jpass022]

i cannot find this listing on eBay.. the machines are still quite expensive, on average people are asking for 1Euro (1.1 USD) per 1 GH/s

In case the Bitmine boys are still monitoring this, you can see what your machines are worth on the open market....

eBay item number: 191381622256

USA only sale