Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s

[Unacceptable]

You know who is shipping miners in two weeks for just 5.50 a Ghs? Bitmaintech. Step yo game up BA, shit!

LOL,I already got my 400+GH mining & another 180 on the way + the 150GH I had mining & my GPU altcoin farm 

No more preorders for me 

[jimmothy]

You know who is shipping miners in two weeks for just 5.50 a Ghs? Bitmaintech. Step yo game up BA, shit!

BA is ~2/gh

asicminer next gen is less than 2/gh

bitmain is gonna have to step up their game.

[MANofthePEOPLE]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

[nexus99]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

[MANofthePEOPLE]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

[nexus99]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

I have no idea if he would. He should. These companies shouldn't be treated as currency exchanges. You buy in dollars you should be refunded in the same dollars. You buy in BTC you should be refunded in BTC.

[nexus99]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

I have no idea if he would. He should. These companies shouldn't be treated as currency exchanges. You buy in dollars you should be refunded in the same dollars. You buy in BTC you should be refunded in BTC.

That'd be fine if the BTC price they charge was static; instead, it fluctuates with the current exchange rate. So... they're basing it off of the dollar when they decide how many BTC to charge you.

I'm ok with that. If I don't like the price (be it dollars or BTC) I don't have to 'buy'. This is just my opinion and probably isn't worth .02 :-)

[drewage]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

I have no idea if he would. He should. These companies shouldn't be treated as currency exchanges. You buy in dollars you should be refunded in the same dollars. You buy in BTC you should be refunded in BTC.

That'd be fine if the BTC price they charge was static; instead, it fluctuates with the current exchange rate. So... they're basing it off of the dollar when they decide how many BTC to charge you.

This is a problem with no clear solution for if they refunded you in dollars today and btc goes to $1000.00/btc tonight some people will be pissed they weren't refunded in btc.  The hashfast thread has the reverse situation where customers want refunds in btc and hashfast is talking about refunding them in dollars and the customers are pissed about that because btc was $50-100 when they bought their machines.

[nexus99]

Would you also be okay with them refunding less bitcoins if the price was higher right now compared to when the purchase was made?

I would want a refund amount equal to what I gave them. I've got 600 GH/s on pre order with them. If I ever decide i want a refund I'll want the exact amount of BTC I gave them back.

[MANofthePEOPLE]

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

I have no idea if he would. He should. These companies shouldn't be treated as currency exchanges. You buy in dollars you should be refunded in the same dollars. You buy in BTC you should be refunded in BTC.

That'd be fine if the BTC price they charge was static; instead, it fluctuates with the current exchange rate. So... they're basing it off of the dollar when they decide how many BTC to charge you.

I'm ok with that. If I don't like the price (be it dollars or BTC) I don't have to 'buy'. This is just my opinion and probably isn't worth .02 :-)

You don't understand that Bob is shafting you either way? Btc worth 500 = you get your 6 btc back that you paid for an x-3 when price was higher.

Btc 2k? Sure, I'll refund you! Since price have doubled you will only get 3 btc though.. *sorry*

Completely disgusting scam

[jimmothy]

Best way would be to keep all funds in original currency and pay back in same currency. But I doubt this is the case since BA required some preorder funds for nre.

[drewage]

There's no proof for that, but I'm pretty confident that that's how it would go, as well. They want it both ways. (As evidenced in the Hashfast refund issues)

I'm not trying to defend anyone against anything but I think we have a few months to go before we enter Hashfast Territory, in any sense, if at all.

[drewage]

There's no proof for that, but I'm pretty confident that that's how it would go, as well. They want it both ways. (As evidenced in the Hashfast refund issues)

I'm not trying to defend anyone against anything but I think we have a few months to go before we enter Hashfast Territory, in any sense, if at all.

Yeah, at least we've got proof of impending tapeout.

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

[jimmothy]

There's no proof for that, but I'm pretty confident that that's how it would go, as well. They want it both ways. (As evidenced in the Hashfast refund issues)

I'm not trying to defend anyone against anything but I think we have a few months to go before we enter Hashfast Territory, in any sense, if at all.

Yeah, at least we've got proof of impending tapeout.

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

Don't forget about hashfast promising miner protection and never actually shipping it and BA offering compensation for delays even though it was never part of the deal.

And assuming everything goes according to plan the chips will be more powerful and efficient than original specs.

[mr.minhghi]

Hi guys, does anyone know how to request a refund from Minersource.com?

[jimmothy]

Hi guys, does anyone know how to request a refund from Minersource.com?

Send them an email.

[quantguy]

Which they totally put on ignore 

[SirWizz]

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

Way to lower the standards, BA and others would LOVE to have more customers like you.

[drewage]

There's no proof for that, but I'm pretty confident that that's how it would go, as well. They want it both ways. (As evidenced in the Hashfast refund issues)

I'm not trying to defend anyone against anything but I think we have a few months to go before we enter Hashfast Territory, in any sense, if at all.

Yeah, at least we've got proof of impending tapeout.

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

Way to lower the standards, BA and others would LOVE to have more customers like you.

If you'll notice I'm not cosigning their "bullshit" I'm merely pointing out that they have, as yet, not crossed into Hashfast Territory.  Thanks again for reading for comprehension.

[drewage]

That and technically they haven't missed the ship date yet, though they have said they're going to, and Hashfast was nearly 4 months late from the original ship date and they still haven't fulfilled batch 1 completely.  So BA has a long way to fall yet, in spite of the disappointments.   

Way to lower the standards, BA and others would LOVE to have more customers like you.

ain't that the truth.

I don't know why people are so quick to accept this type of behavior in this industry.  I can see thinking there aren't many alternatives, although outright defending it seems tantamount to sticking yourself in the eyeball with a hot poker - and paying for the poker as an added bonus.

delays are possible in any tech development effort, however, that is why any company with any experience moves on multiple vectors towards the goal, creating options for potential breakdown of any one of them along the way.

just on a quality controlled basis these sorts of efforts require redundancies, normally, and multiple suppliers for any and all components is the norm.  That this apparently isn't in place further underscores how nascent this industry is, but it also provides an opportunity for learning.  Get your ISO certs, people, for damn sake.

until the customers of these people stop just accepting it as some sort of unavoidable pitfall, which it is not, this will continue.  people need to wake the hell up and hold these people accountable.  the companies themselves need to wake up and demand better of themselves as well, as to this point their performance has been almost uniformly pathetic.

Or, people should temper their expectations regardless of what the vendor says and make a decision based on that.  It's not as though the industry doesn't have a track record with this to begin with.  If you invest in a mining hardware pre-order without expecting them to be late, very late, you haven't been paying attention.  I know that some, few, manufacturers have brought hardware to market without pre-orders but they've been in the minority.  Of course, it would be best to patronize them and let the pre-order based concerns starve but there are a lot of people whose greed outweighs their good sense and they continue to try to get the jump on new technology.  They will pre-pay for machines and pray that this time will be different.