Orion Miner - New Manufacturer - Up to 20 TH/s - SCAM!?

[ricknamer]

Got an email through a local NYC crypto meetup about introducing a new miner manufacturer, Orion.

The New York Crypto Mining Meetup (NYCMM) is happy to introduce Orion Crypto Mining (www.orionminer.com), a new ASIC mining hardware company. Orion is currently taking pre-sale orders for their first SHA256 (BTC/BCH) model with special introductory pricing for members of NYCMM:

ORION 1, 12nm, 16TH/s @ 1440W

Special pricing and discounts will be available to members of the NYCMM. Any interested members of the NYCMM are invited to participate in the pre-sale with the first batch shipping in September 2018. NYCMM will be hosting a members-only special presentation/Q&A Meetup with the Orion Crypto Mining team at Russian Samovar. Tickets will be $10 online $15 at the door, all members will get one free drink.

6:00 PM: Doors open - drinks and networking

7:00 PM: Orion Presentation and Roundtable

Anyone heard of this at all?  MOQ 100 units?  Sounds very sus.

https://www.orionminer.com

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[fanatic26]

I doubt some random company noone has ever heard of is bringing a 7nm chip out of nowhere. Also they claim its parallel instead of a serial layout, which has been the dominant design for a while now.


I call BS

[NotFuzzyWarm]

No one and I repeat NO ONE is making any 7nm chips outside of Engineering test structures. Even 10/12nm is just now beginning to be available with a high-cost/low-yield production status.

So unless they are doing pre-orders for something around 1 year away when the Foundries *might* be firing up 7nm production this company is at a minimum over exuberant in their claims and much like Halong seem to be following the Scamming for Dummies ^tm handbook...

[shellyfinest]

100 MOQ presales to ship hopefully Q3 of this year for ORION 1 with 12 NM chips ... ORION 1 which is listed with almost identical numbers (Hash / power efficiency) to Dragonmint 16T , so relying on current technology available and calculating to account for ASIC boost I would imagine ... 

No way anyone is shelling out cash for these right?

[Eternu]

Never heard of them before. Also that information about 7nm chips sounds a bit... well its less likely to be truth. Last time I head about 7nm chips was in some news, where it says that Samsung is making them for some company from China. Maybe Orion somehow got in trade with Samsung? But on their official site its says "our patented next-generation 7 nanometer design", which imply that they made it.
Honestly I would stay away from this company for now.

[hedgy73]

Considering their whois protected website domain name was only registered 2 months ago and is only for 1 year says it all .

Also website uses stock engineering images that can be found anywhere, no proof of their own development.

Looks like another typical lame scam website like thousands of others out there.

Moral of the story is only buy hardware from trusted sources .

DOMAIN INFORMATION
Domain:orionminer.com
Registrar:NameCheap Inc.
Registration Date:2018-01-16
Expiration Date:2019-01-16
Updated Date:2018-01-16
Status:clientTransferProhibited
Name Servers:dns1.registrar-servers.com
dns2.registrar-servers.com
REGISTRANT CONTACT
Name:WhoisGuard Protected
Organization:WhoisGuard, Inc.
Street:P.O. Box 0823-03411
City:Panama
State:Panama
Country:PA
Phone:+507.8365503
Fax:+51.17057182
Email:email@whoisguard.com

[ricknamer]

Considering their whois protected website domain name was only registered 2 months ago and is only for 1 year says it all .

Also website uses stock engineering images that can be found anywhere, no proof of their own development.

Looks like another typical lame scam website like thousands of others out there.

Moral of the story is only buy hardware from trusted sources .

DOMAIN INFORMATION
Domain:orionminer.com
Registrar:NameCheap Inc.
Registration Date:2018-01-16
Expiration Date:2019-01-16
Updated Date:2018-01-16
Status:clientTransferProhibited
Name Servers:dns1.registrar-servers.com
dns2.registrar-servers.com
REGISTRANT CONTACT
Name:WhoisGuard Protected
Organization:WhoisGuard, Inc.
Street:P.O. Box 0823-03411
City:Panama
State:Panama
Country:PA
Phone:+507.8365503
Fax:+51.17057182
Email:email@whoisguard.com

Agreed - but then what is the idea behind hosting an in person meet and greet in NYC?  That is a lot of risk for a scammer...

[hedgy73]

Agreed - but then what is the idea behind hosting an in person meet and greet in NYC?  That is a lot of risk for a scammer...

Scammers are clever and always trying new tactics.

It might not definitely be a scam but I've seen stuff like this many times over the years ad 99% of the time it is.

[HagssFIN]

Orion - To the moon!!  



https://en.wikipedia.org/wiki/Orion_(spacecraft)

Honestly I don't see any signs for this being a legit company and a legit product.

I would be careful.

[QuintLeo]

Not to mention their "innovative" design ... from about 3 YEARS ago where their chips are not string design.
Odd how that "innovation" was THE NORM for most miner designs except Bitfury 'till recently.

I smell a distinct stench of SCAM about this.

[OrionCryptoMining]

Hi,

I am one of the partners of Orion Crypto Mining and leading business development. We are a new ASIC hardware company, but our engineering team has a lot of experience in semiconductor design and have been designing ASIC chips for miners for the past several years.

I completely understand the skepticism and it is also expected. So far our approach has been to work directly with larger mining operations so that we can provide some due diligence materials for them to vet our designs and provide confidence we can meet our performance and delivery milestones. We strive to be as transparent as possible with our initial customers and are not trying to make a big public splash as of yet. We will have an E-commerce store eventually for retail customers after our hardware is more proven. We know ultimately the only thing that will provide confidence is getting units into the hands of customers.

We hope you will be open-minded and give us a chance to succeed. Our mission is to provide reliable and innovative mining hardware to ensure the decentralized nature of cryptocurrencies. We are strong believers in Bitcoin and truly believe we can make a difference with our products. Please feel free to reach out by email to info@orionminer.com. We will be happy to speak to any potential customers by phone or in person.

[SmurfBerry]

The only way you will build confidence and prove this isn’t a fake is by inviting some of the high profile members here to your facility and showing them the hardware or sending them a demo model.

They will confirm if it’s real and inform all members here.

Until then, expect every bit of info you provide to be met with extreme skepticism.

[ricknamer]

Hi,

I am one of the partners of Orion Crypto Mining and leading business development. We are a new ASIC hardware company, but our engineering team has a lot of experience in semiconductor design and have been designing ASIC chips for miners for the past several years.

I completely understand the skepticism and it is also expected. So far our approach has been to work directly with larger mining operations so that we can provide some due diligence materials for them to vet our designs and provide confidence we can meet our performance and delivery milestones. We strive to be as transparent as possible with our initial customers and are not trying to make a big public splash as of yet. We will have an E-commerce store eventually for retail customers after our hardware is more proven. We know ultimately the only thing that will provide confidence is getting units into the hands of customers.

We hope you will be open-minded and give us a chance to succeed. Our mission is to provide reliable and innovative mining hardware to ensure the decentralized nature of cryptocurrencies. We are strong believers in Bitcoin and truly believe we can make a difference with our products. Please feel free to reach out by email to info@orionminer.com. We will be happy to speak to any potential customers by phone or in person.

Will you be showing the equipment in New York?  If so I wouldn't mind coming down and posting some photos/video.

There are deff some users here running 100s+ of units.

[QuintLeo]

The only way you will build confidence and prove this isn’t a fake is by inviting some of the high profile members here to your facility and showing them the hardware or sending them a demo model.

 *Volunteers myself HagssFIN and PhilipMa1957 as demo model reviewers*

[OrionCryptoMining]

Will you be showing the equipment in New York?  If so I wouldn't mind coming down and posting some photos/video.

There are deff some users here running 100s+ of units.

Unfortunately we had to postpone the Meetup, but will reschedule and send around the new date to the group. We plan to have a demo unit by summer, for now we just have the FPGA demo on our site showing our front-end designs are functional.

[HagssFIN]

The only way you will build confidence and prove this isn’t a fake is by inviting some of the high profile members here to your facility and showing them the hardware or sending them a demo model.

*Volunteers myself HagssFIN and PhilipMa1957 as demo model reviewers*

Yeah, I would be more than happy to do a thorough review and guide for this machine, like I've done with other machines in past.

[philipma1957]

I have been to a New York Crypto Meet Up  I went with buysolar and 2 possible investors.

It was a   Russian Tea Room Club Restaurant  and around 100 plus people came to it.

So  the Meet Up club is real.  I don't know anything bout the miner  but I certainly would  be willing to demo it If I get a model.

I am in Howell NJ under 90 minutes from manhattan in non rush hour traffic.

So @ op shoot me a pm  if you want me to do a demo and a few you tube videos.

[Steamtyme]

This "Launch" seems very similar to the way the Dragonmint was announced to the world.

Wouldn't surprise me if this possible probable scam; is just feeding off the fact that Dragonmint has almost proven to be a real product that will fulfill all orders. They really don't need a lot of people to fall for it with a MOQ of 100 it really only takes 1 person with more cash than brains.

[philipma1957]

Well. Maybe this is real.  I hope to get more info on it.

[philipma1957]

This is a signal next gen die shrink is in place... already the Japanese (a different company) started taking orders/contracts from big players...

Well if we do 10nm then 7nm

That will be the end of the line.  As smaller then 7nm is not going to happen very easy.

14/16nm has proved to have legs in terms of time.

My guess 10nm and then 7nm will stick around for long time periods