Official BITMINE CoinCraft series 28nm ASIC miners thread

[samsonn25]

1200GH at 2100 watts is horrible................................

Must be a joke.  I wouldn't take this if they offered for free just pay shipping.

Anyone who wants to buy will have a nice table paperweight, as it wont mine back anything after electricity costs.

[peakpeng]

Bitmine don't reply Email, don't pick up phone, How can we do? How to get back our money?

[jpass022]

1200GH at 2100 watts is horrible................................

Must be a joke.  I wouldn't take this if they offered for free just pay shipping.

Anyone who wants to buy will have a nice table paperweight, as it wont mine back anything after electricity costs.

It's not quite that bad (unless you paid what I paid for them), from Coinwarz Calculator with .09 power cost:


               Hash Rate (GH/s): 1200
              Power (Watts):1200
           Power Cost ($/kWh):.09
                 Pool Fees %:0
                          Difficulty:34661425923.9769
               Block Reward:25
         Exchange Rate (USD):382.14
   Hardware Costs (USD):600



Time Frame    BTC Coins            USD      Power Cost (in USD)    Pool Fees (in USD)    Profit (in USD)
Hourly            0.00072547    $0.28    $0.11                    $0.00                    $0.17
Daily                    0.01741120    $6.74    $2.59                    $0.00                    $4.15
Weekly            0.12187840    $47.21    $18.14                    $0.00                   $29.07
Monthly            0.52233601    $202.34    $77.76                    $0.00                    $124.58
Annually            6.35508810    $2,461.83    $946.08                    $0.00                   $1,515.75

 Summary
Days to generate one block mining solo: 1435.86 Day(s) (can vary greatly depending on your luck)
Days to generate one BTC: 57.43 Day(s) (can vary greatly depending on the current exchange rates)
Days to break even: 146.61 Day(s) (can vary greatly depending on the current exchange rates)

Short term ROI for hardware is over, if you can get in under 6 months, should feel lucky...

My reality is that if I sell these for $600 a piece, I still lose $15000.00....

[RoadStress]

1200GH at 2100 watts is horrible................................

Must be a joke.  I wouldn't take this if they offered for free just pay shipping.

Anyone who wants to buy will have a nice table paperweight, as it wont mine back anything after electricity costs.

It's not quite that bad (unless you paid what I paid for them), from Coinwarz Calculator with .09 power cost:


               Hash Rate (GH/s): 1200
              Power (Watts):1200
          

It's 2100W, not 1200W.

[jpass022]

1200GH at 2100 watts is horrible................................

Must be a joke.  I wouldn't take this if they offered for free just pay shipping.

Anyone who wants to buy will have a nice table paperweight, as it wont mine back anything after electricity costs.

It's not quite that bad (unless you paid what I paid for them), from Coinwarz Calculator with .09 power cost:


               Hash Rate (GH/s): 1200
              Power (Watts):1200
          

It's 2100W, not 1200W.

Well my Cyberpower PDU shows 5.6 amps draw @ 220v = 1232w and this is a Rig not a Desktop, if that makes any difference...

[1415]

does coincraft desk and coincraft rig use the same 28nm technology, I fail to understand the deference between these two.

Coincraft Desk is the product of natural evolution from our Generation 1 devices based on older Avalon’s chip

what deffer between the two designs ?

Available in 28nm technology from 500 GH/s to 2 TH/s in 150 GH/s increments.

they didn't mention this on the coincraft desk!! what chips they will use on that one ?

[jpass022]

does coincraft desk and coincraft rig use the same 28nm technology, I fail to understand the deference between these two.

Coincraft Desk is the product of natural evolution from our Generation 1 devices based on older Avalon’s chip

what deffer between the two designs ?

Available in 28nm technology from 500 GH/s to 2 TH/s in 150 GH/s increments.

they didn't mention this on the coincraft desk!! what chips they will use on that one ?

As far as I know, Rig just has more chips per card and the PSU will not work @ 120v. Only works @ 208 to 240v....

[crocko]

Bitmine don't reply Email, don't pick up phone, How can we do? How to get back our money?

I agree with peakpeng !
How about filling a complain to the Interpol (http://www.interpol.int/) ?
What do you think guys ?

[peakpeng]

Bitmine don't reply Email, don't pick up phone, How can we do? How to get back our money?

I agree with peakpeng !
How about filling a complain to the Interpol (http://www.interpol.int/) ?
What do you think guys ?

Have you done? can you tell me how to do this?

Why nobody sue them?

[Tinua]

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

[peakpeng]

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

They don't respons anything now.
wtf

[Tinua]

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

They don't respons anything now.
wtf

I have and never had problems in this regard.
Had mostly answer within 24hrs
Maybe it's the writing style?

[UzairHashmi]

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

They don't respons anything now.
wtf

I am able to connect with them on the phone, every time. Just remember their phone timings.

[peakpeng]

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

They don't respons anything now.
wtf

I have and never had problems in this regard.
Had mostly answer within 24hrs
Maybe it's the writing style?

Did you get refund?

[Tinua]

Did you get refund?

No
I made ​​a deal and now on track to achieve more then ROI!

I guess, no one will get refund in the near term.
As I said, where nothing exists, you can get nothing!

If you want refund....then I think you have to wait few months more.
Especially with the current BTC-USD value.
A large part of the mining income of Bitmine they have to use for energy costs.
It takes much more time until they have enough capital for Refunds.
(That is my personal opinion!)

[crocko]

Did you get refund?

No
I made ​​a deal and now on track to achieve more then ROI!

What kind of deal did you made with Bitmine.ch ?
Can you explain to us, maybe we can do the same ?  

I guess, no one will get refund in the near term.
As I said, where nothing exists, you can get nothing!

If you want refund....then I think you have to wait few months more.
Especially with the current BTC-USD value.
A large part of the mining income of Bitmine they have to use for energy costs.
It takes much more time until they have enough capital for Refunds.
(That is my personal opinion!)

Sure thing, Bitmine.ch have real big problems to choose the color of new Ferrari not to refund honest people who entrusted their money !
If already they start mining in Iceland this mean they already gain hundreds of BTC per day, therefore they shall start to refund at least the persons who paid with BTC.

Why nobody sue them?

Where nothing exists, you can get nothing.
Very simple!
It is cheaper to wait until there's enough for everyone.
Or negotiate an acceptable deal with them.

Well, I will be the first one who will file a complain against them to Interpol http://www.interpol.int/Forms/Contact_INTERPOL
All people who are scammed by the Bitmine AG should do the same.

I have and never had problems in this regard.
Had mostly answer within 24hrs
Maybe it's the writing style?

I always wrote to Bitmine.ch politely when I demanded my refund which I am entitled to receive !
There is nothing with the STYLE !
They didn't replied to my emails since June 24, when Antonio wrote to me:

Antonio (Bitmine AG)

Jun 24 15:01

Dear Mr. xx,

First of all excuse me for the late answer. I confirm you are correctly registered for a refund, but I need you to be aware of this bitmine.ch/delays-refunds-processing/. So we need to ask you to bear some patience before we can process your refund. Thank you.

Thanks
for your interests in our products.
Danke für Ihr Interesse an unseren Produkten.
For any questions don't hesitate to contact us. In the meantime
Für Fragen sind wir jederzeit für Sie da.
Kind regards/MfG

Customer Service

It is my fault or what ?? because I don't understand..

[swiss-miner]

found it, thanks! the did not sell, as the reserve was not met.. so no free cheese, nobody sells those miners "cheep". if you have one let me know i looking to put my spare 2x200 GH/s modules in a rig or desk.

http://www.ebay.com/itm/Bitmine-CoinCraft-Rig-1200GH-s-Bitcoin-ASIC-Miner-/191381622256?ru=http%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_from%3DR40%26_sacat%3D0%26_nkw%3D191381622256%26_rdc%3D1&nma=true&si=3LD3SgzVfyKhzM5vQcYzPPxjaZY%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

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

eBay item number: 191381622256

USA only sale

[Tinua]

What kind of deal did you made with Bitmine.ch ?
Can you explain to us, maybe we can do the same ?  

Cloudmining contract

If already they start mining in Iceland this mean they already gain hundreds of BTC per day, therefore they shall start to refund at least the persons who paid with BTC.

If you say so......
There are not only revenues... there are also expenses

Well, I will be the first one who will file a complain against them to Interpol http://www.interpol.int/Forms/Contact_INTERPOL
All people who are scammed by the Bitmine AG should do the same.

Then do it, and speak not only of them.
Be a man!
And please, then also post the result.

While you are talking only, I have acted and my outstanding coins are rolling one by one back to my pocket every week! 

Greets

[jpass022]

found it, thanks! the did not sell, as the reserve was not met.. so no free cheese, nobody sells those miners "cheep". if you have one let me know i looking to put my spare 2x200 GH/s modules in a rig or desk.

http://www.ebay.com/itm/Bitmine-CoinCraft-Rig-1200GH-s-Bitcoin-ASIC-Miner-/191381622256?ru=http%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_from%3DR40%26_sacat%3D0%26_nkw%3D191381622256%26_rdc%3D1&nma=true&si=3LD3SgzVfyKhzM5vQcYzPPxjaZY%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

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

Sold for $500, put another on ebay...I've got 5 more to give away at $500...

[crocko]

What kind of deal did you made with Bitmine.ch ?
Can you explain to us, maybe we can do the same ?  

Cloudmining contract

There are posts on this forum about people who can't withdraw the BTC from the Bitmine AG's cloudmining...
Myself I was actually forced to choose between a very delayed delivery of an over-priced and not-so-trusty ASIC and this cloudmining contract. Based on the behavior of the Bitmine AG, I asked the refund which was the 3rd option. They promise to refund me a month ago, but here is the October !  

If already they start mining in Iceland this mean they already gain hundreds of BTC per day, therefore they shall start to refund at least the persons who paid with BTC.

If you say so......
There are not only revenues... there are also expenses

Oh, please stop spreading FUD ! They moved to Iceland because the energy is cheap and climate is cold, these are only advantages for Bitmine !
You told us that you are content with this cloudmining contract, this mean you actually earn BTC from this, right ?
I still don't understand why they don't start to refund at least the people who paid with BTC !!  not my situation, I paid with fiat.

Well, I will be the first one who will file a complain against them to Interpol http://www.interpol.int/Forms/Contact_INTERPOL
All people who are scammed by the Bitmine AG should do the same.

Then do it, and speak not only of them.
Be a man!
And please, then also post the result.
While you are talking only, I have acted and my outstanding coins are rolling one by one back to my pocket every week!  
Greets

I don't really know why you defend so much this company who did so much evil to many people  
You present this cloudmining contract like the Holy Grail, but in fact the Bitmine don't reply even to our email/phones or post some news about the refunds on their website.
This cloudmining facility that offer you this cloud mining contract which you are so content and proud was actually build with MY MONEY and OTHERS PEOPLE MONEY ! BITMINE AG STOLED our money, used against our will, and now send [...] like YOU to lecture us about patience and reconciliation via cloudminig !
I am twice man than you can be in this life and all your afterlives and be sure I will fight for my and all people's rights!