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Author Topic: Dwarf FPGA – the anti-ASIC  (Read 43484 times)
ZaebaloRegitsa4
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June 23, 2018, 04:08:37 PM
 #761

When i see that they made super discount like that for 20pcs, 25 per cent of the price? i really have doubt now.
My friend wanted to buy a hundred. They offered to pay 10%. This is an prepayment, not a discount.
He did not buy in the end.
suchmoon
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June 23, 2018, 04:41:42 PM
 #762

When i see that they made super discount like that for 20pcs, 25 per cent of the price? i really have doubt now.
My friend wanted to buy a hundred. They offered to pay 10%. This is an prepayment, not a discount.
He did not buy in the end.


Think about this for a minute. DwarfMiner can finance 90% of the production cost out of their own pocket. Why do they need to do this preorder bullshit at all? They could just do a run of 5000 units and sell on a product-in-hand-ships-tomorrow basis.

Again, why would a supposedly legit business do everything possible to look like a scam?
cryptotore
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June 23, 2018, 05:33:19 PM
 #763

When i see that they made super discount like that for 20pcs, 25 per cent of the price? i really have doubt now.
My friend wanted to buy a hundred. They offered to pay 10%. This is an prepayment, not a discount.
He did not buy in the end.


Think about this for a minute. DwarfMiner can finance 90% of the production cost out of their own pocket. Why do they need to do this preorder bullshit at all? They could just do a run of 5000 units and sell on a product-in-hand-ships-tomorrow basis.

Again, why would a supposedly legit business do everything possible to look like a scam?

They said earlier in the thread they paid for production up front, as an answer to why the coins are still in the wallet I paid to. Smiley
suchmoon
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June 23, 2018, 05:47:24 PM
 #764

When i see that they made super discount like that for 20pcs, 25 per cent of the price? i really have doubt now.
My friend wanted to buy a hundred. They offered to pay 10%. This is an prepayment, not a discount.
He did not buy in the end.


Think about this for a minute. DwarfMiner can finance 90% of the production cost out of their own pocket. Why do they need to do this preorder bullshit at all? They could just do a run of 5000 units and sell on a product-in-hand-ships-tomorrow basis.

Again, why would a supposedly legit business do everything possible to look like a scam?

They said earlier in the thread they paid for production up front, as an answer to why the coins are still in the wallet I paid to. Smiley

Even better then. So we're supposed to believe that they financed ~ $1 million or whatever it cost them out of their own pocket, but had to do a scammy pre-order because reasons.
oomurashin
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June 23, 2018, 05:48:46 PM
 #765

i got a mail from them. new dedline Monday. they said will start shipping........ Roll Eyes Roll Eyes Roll Eyes
ZaebaloRegitsa4
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June 23, 2018, 07:08:28 PM
 #766

Quote
Think about this for a minute. DwarfMiner can finance 90% of the production cost out of their own pocket. Why do they need to do this preorder bullshit at all? They could just do a run of 5000 units and sell on a product-in-hand-ships-tomorrow basis.
Again, why would a supposedly legit business do everything possible to look like a scam?
Everything looks like a scam for you  Grin As I can understand, they took part of the payment for large orders only. Batch was prepaid, they wrote about it.
ZaebaloRegitsa4
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June 23, 2018, 07:10:56 PM
 #767

i got a mail from them. new dedline Monday. they said will start shipping........ Roll Eyes Roll Eyes Roll Eyes
It's logical if they took the boards on Friday.
They wrote before that they would take the boards. Not about delivery.
Iamtutut
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June 23, 2018, 07:22:25 PM
 #768

i got a mail from them. new dedline Monday. they said will start shipping........ Roll Eyes Roll Eyes Roll Eyes
It's logical if they took the boards on Friday.
They wrote before that they would take the boards. Not about delivery.

Except chinese shipping companies work 24/7. So the "factory" would not have any issue to get the boards collected for expedition, and a tracking number would be created.
lovecoinsbit
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June 23, 2018, 07:39:53 PM
 #769

Quote
Think about this for a minute. DwarfMiner can finance 90% of the production cost out of their own pocket. Why do they need to do this preorder bullshit at all? They could just do a run of 5000 units and sell on a product-in-hand-ships-tomorrow basis.
Again, why would a supposedly legit business do everything possible to look like a scam?
Everything looks like a scam for you  Grin As I can understand, they took part of the payment for large orders only. Batch was prepaid, they wrote about it.

then go and buy some. proof him that he is wrong and you are right. give us the proof here in this forum that you generate huge money with it.
shaninium
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June 23, 2018, 08:13:14 PM
 #770

Maybe their just mining with everyones miner or "testing them". Each day of delays would surely be very profitable for them, there has to be a catch cause the price was so cheap, or its just a scam.

treanski
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June 23, 2018, 08:30:40 PM
 #771

funny how some of this guys still believe(or hope) they will get a fgpa miner Grin

Searing
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June 23, 2018, 09:28:54 PM
 #772

funny how some of this guys still believe(or hope) they will get a fgpa miner Grin

sorry for all that got taken by this...i am sorry for your loss...but the $$$ are gone I'm afraid

on a side note: dwarfminer logon has not been on since 6/20/18...so 3 days down and counting

...me thinks still..he has split the thread and is off to make new scams...




Old Style Legacy Plug & Play BBS System. Freeware! Get it from www.synchro.net. Updated 3/3/25. It also works with Windows 11 and Linux. Allows 16 bit DOS game doors on the same Win 11 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
OTC_Buyer
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June 24, 2018, 02:03:36 AM
 #773

Does anyone have pictures of the power layout on the board and the molex adapter shown that was supposed to come with the unit? Thanks in advance.
yrk1957
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June 24, 2018, 02:27:22 AM
 #774

funny how some of this guys still believe(or hope) they will get a fgpa miner Grin

sorry for all that got taken by this...i am sorry for your loss...but the $$$ are gone I'm afraid

on a side note: dwarfminer logon has not been on since 6/20/18...so 3 days down and counting

...me thinks still..he has split the thread and is off to make new scams...





They are replying to mails...
not.you
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June 24, 2018, 02:33:20 AM
 #775

funny how some of this guys still believe(or hope) they will get a fgpa miner Grin

sorry for all that got taken by this...i am sorry for your loss...but the $$$ are gone I'm afraid

on a side note: dwarfminer logon has not been on since 6/20/18...so 3 days down and counting

...me thinks still..he has split the thread and is off to make new scams...





They are replying to mails...

I don't doubt that there are those who were asked to pay only a portion of the full amount who are now being asked to pay the rest.  So if it is a scam, they need to try and reel in the rest of the money.  I still haven't heard anyone say they have a tracking number, and of course nobody has proven a working unit yet.  
ronnieb
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June 24, 2018, 03:20:43 AM
 #776

was there a Gawminers logo anywhere on this FPGA device?
OTC_Buyer
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June 24, 2018, 04:09:39 AM
 #777

funny how some of this guys still believe(or hope) they will get a fgpa miner Grin

sorry for all that got taken by this...i am sorry for your loss...but the $$$ are gone I'm afraid

on a side note: dwarfminer logon has not been on since 6/20/18...so 3 days down and counting

...me thinks still..he has split the thread and is off to make new scams...





They are replying to mails...

I don't doubt that there are those who were asked to pay only a portion of the full amount who are now being asked to pay the rest.  So if it is a scam, they need to try and reel in the rest of the money.  I still haven't heard anyone say they have a tracking number, and of course nobody has proven a working unit yet.  

I paid in full when I ordered and they have been replying to my emails it seems just sayin.
metall140s
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June 24, 2018, 07:05:48 AM
 #778

Fully agree.  If anyone can do something by himself and make profit, why does he need any help? To earn less money?
OurManInHavana
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June 24, 2018, 12:14:54 PM
Last edit: June 24, 2018, 12:30:38 PM by OurManInHavana
 #779

Does anyone have pictures of the power layout on the board and the molex adapter shown that was supposed to come with the unit? Thanks in advance.

They said a connector would be included, but they didn't promise it would be exactly like this. This is from the end of video #4:

https://imgur.com/a/A2zraCh

It will probably just have bare wires on one end: can't imagine they'd bother with the heatshrink.
OurManInHavana
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June 24, 2018, 12:30:14 PM
 #780

Fully agree.  If anyone can do something by himself and make profit, why does he need any help? To earn less money?

In the initial post they mention selling algo upgrades for $20-$50 each. If the real value is in the programming... then although they'll make some $$$ from the initial hardware sale... the sustainable cash may come from the software. Even if the board hardware gets copied and sold on AliExpress... it would be a paperweight without the DwarfMiner key (so knockoffs couldn't just run encrypted DM bitstreams)

If every time Monero makes a small tweak to avoid ASICS they can charge thousands of customers $20-$50 for a week of work from a couple programmers, (or $ for every new coin someone may want to mine) it could work out well for them.
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