AMT miners - I Just ordered one from them - questions.

[Max1820]

Hey Guys,

How about these AMTminers. Also Craig Lenell is a little bitch. See how he checked the former posts. 

[Phonikg]

Dont believe everything you read... Do your research, and dont trust BitcoinX calculator OR genesisblock calculator, but rather an averaged weight of the two.

I would not buy this miner... look around...ask around.  Best bets are KnCMiner or Bitfury, Cointerra...possibly Hashfast.

Make sure they take a Credit Card or Paypal so that you are protecting yourself!!!

I would also ask them who's chips they are using... it will be Avalon or possibly BFL.

[Razorr]

I'm going to buy the AMT 320 on Thursday. I'll make some decent profit and I like the low power.

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=148819199.80509&dcosts=3400&diff_mincrease=20&blpbtc=25&dhsmhs=320000&diff_mincreasedecrease=1&btcusd=129.83&dpowcon=160&btcusd_mincrease=1&pcost=.15&calcweeks=32&dleadtime=3&action=calc#

[b!z]

Well, you would have to receive them on time to make profit

[Razorr]

They're not a subsidiary of Butterfly labs so They'll make the shipping date.

[icey]

a fool and his money...

[bee7]

It looks unrealistic. I am not sure about its 25nm devices, but I definitely can say that Bitfury based devices could not be traded with characteristics they claim.
Let's look at their 192Gh/s device $2,349/192Ghs/220W ([url http://advancedminers.com/bitcoin-mining-hardware/amt-192-ghs-bitcoin-miner). The lowest price of Bitfury chips to the moment is $30 per chip if you by the reel (3000 pcs at time) and they never sold it cheaper. The optimal speed is 2.6Gh per chip. At this speed the chip draws about 4W from the wall. 192÷2.6 = 74 chips. 74x4 = 296W and 74x$30=$2220. That means that for the box, power supply and all other components and their profit they have roughly $120. This sounds to me completely stupid.

All my calculations are based on my real experience: I have a unit that has 40 Bitfury chips inside and it draws 160W from the wall producing 104Gh/s. The chips price is an official info from Bitfury himself (got in the Russian part of this forum)

[monbux]

It'll depend on the difficulty increase.  Try a bitcoin mining calculator

http://www.bitcoinx.com/profit/:

[b!z]

a fool and his money...

..are easily parted.

[Razorr]

I ordered the 320 GH/s from AMT. Come Thanksgiving,  I'll be tearing  up the crypto coins and smoking my cigars.

[fattypig]

On 1st Nov the difficulty could reach 300million. Please calculate using 300 million and for only 11 days, because about every 11 days it increases again for another 25%.

[Razorr]

31 days and a wakeup and my machine gets shipped.

[Razorr]

Did you get your miner yet?

[Razorr]

They had a problem with Paypal so they say and I got a refund. I missed out on KNC delivery that was a second choice. Now i have to wait till Feb 24 for a miner from a new start up company with another promise. AMT =  

[harveler]

Why are all these mining rigs such ripoffs (i know why--so ppl can make money)?  These people just take money then don't ship them anything.  You could get a great roi w some of these rigs if they actually existed.  You should never give that much (or any amount of) money to anyone without getting something tangible immediately.  RIP bitcoin mining--absolutely no way to make money with it anymore unless you're one of these con-artist "manufacturers" or cloud hashing services. 

[ladi4ever]

Those peace a garbage AMT Minmer company they haven't ship my equipment since Nov.
Advanced Miners or Advanced-Fraud committees .

[DrGamma]

see:


http://advancedminers-clients.com/


AMT / Advancec mining technology / advancedminers.com is a scam.

[timmyd]

Hi guys im back been a while since my last post here, you may remember that i did finally recieve a 520ghs miner from amt order number #1450,
you may also remember the poor condition it arrived in and the fact that it didnt even mine, 1 chip even burnt out on 1 card, well since then i have been promised time and time again a replacement product by joshua himself, it has been several weeks now and i have not received anything from amt, i was promised a shipping label to send the faulty miner back this was nearly 2 weeks ago, still nothing, so i would like to make everybody aware that they need to stay the hell away from amt and do not purchase a miner from them, they have no customer service and can certainly not handle returns.
ive basically been robbed over $3999 or £2800 have been wasted on this miner, i cannot believe it, i could seriously do with that money and instead its sat in amts pocket while i got sent a pile of junk, BE WARNED GUYS LEARN FROM MY MISTAKE, OH AND I ALSO HAVE MR JOSHUAS PERSONAL SKYPE IF ANYONE WOULD LIKE TO GET HOLD OF HIM PM ME
I HOPE YOU GUYS GET TO READ THIS BEFORE ITS CENSORED AWAY BY AMT#

Also does anyone have the details of this law firm that are dealing with amt?

[Bitwayup85]

All guys are so positive here, you should hardly break even in few months and I don't think It was worth buying from my experience But It's your own decision. I already tried mining once and will never try again probably.

[ladi4ever]

Hi guys im back been a while since my last post here, you may remember that i did finally recieve a 520ghs miner from amt order number #1450,
you may also remember the poor condition it arrived in and the fact that it didnt even mine, 1 chip even burnt out on 1 card, well since then i have been promised time and time again a replacement product by joshua himself, it has been several weeks now and i have not received anything from amt, i was promised a shipping label to send the faulty miner back this was nearly 2 weeks ago, still nothing, so i would like to make everybody aware that they need to stay the hell away from amt and do not purchase a miner from them, they have no customer service and can certainly not handle returns.
ive basically been robbed over $3999 or £2800 have been wasted on this miner, i cannot believe it, i could seriously do with that money and instead its sat in amts pocket while i got sent a pile of junk, BE WARNED GUYS LEARN FROM MY MISTAKE, OH AND I ALSO HAVE MR JOSHUAS PERSONAL SKYPE IF ANYONE WOULD LIKE TO GET HOLD OF HIM PM ME
I HOPE YOU GUYS GET TO READ THIS BEFORE ITS CENSORED AWAY BY AMT#

Also does anyone have the details of this law firm that are dealing with amt?

Herer you go bro..
http://www.chimicles.com/lawsuit-filed-against-advanced-mining-technology-for-failure-to-deliver-bitcoin-miners