Please tell me you are joking! Did you read this thread before ordering? This is a "probable scam".
The Scam ListNo I didn't read this hence why now I'm worried. But why would BitCoin Magazine talk so securely about?
Because apparently, Ruben Alexander (the author of the article) is a lazy SOB and simply posted a Press Release directly from Boscombe and claimed it was an "article" that he wrote. He should be fired immediately.
hey Ruben here. This was a press release handed to me by someone who had too much on their plate. Press releases are simply a company announcing something they are offering or planning to offer. It isn't an in depth review and no research has been done especially when the product can't be reviewed (prerelease) and being made for the first time. The moment someone from the community said the company was a scam I took the article down immediately.
In general, and as a miner, I would never buy a miner based on seeing a press release, advertisement, or review. I've taken the risk with a couple mining companies and have had mixed experiences (super late BFL deliveries + very good KNCminer experiences), but in every case (except with ASICMINER) all miners sent to me were late and a schedule slip in mining always means lost money due to difficulty increases. I have never had the misfortune of ordering product from a company that has gone bankrupt, but this is the risk you face with mining companies selling you product that doesn't exist.
There's still no excuse for not checking the background on this company in advance, so I apologize and will make an effort to look into companies requesting press releases in the future. I'll check the scam list xstr8guy has made if the situation comes up again.
Bitcoin Mag is chock full with intelligent writers, proofreaders, and editors and the reviews and discussions that go on with our articles is inspiring. Every one at Bitcoin Mag is passionate about what they do and truly want every Bitcoin owner to be informed with all that goes on related to digital currencies. I do try to uphold this standard for my peers and for my community with my articles + I hope you understand the context of this slip up and accept my apology.
Appreciate the apology Ruben, and as I mentioned in the comment I tried to leave on the article you posted on Bitcoin Mag I nearly lost ~ $6000. If it wasn't for the guys on this thread and waited a few hours longer they would have had my money. Again thanks to those who sniffed the scam. It cost me about $100 between premium rate phone calls and cancellation fees to my bank to revert the payment I've made.
I've been reading your Mag since it came out more or less and always found it a trustful source of info, that's where I learned about Cointerra, KNC, BlackArrow, etc. But after this I will have to re-think my opinion and hope in the future the whole editorial team would double check press releases before so confidently posting such announcements. The article even had a description of the company and the team and read something like "they have just opened their store but will be delivering in January because production is already underway." I drunk it like water! My fault. I believe your blog is read by quite a few people and I have it in my rss feeds so I look at it daily. I hope I was the only idiot (feel like such a noob) to have based my judgment on your article and impulsively ordered.
No bad feelings, it's clearly my mistake not to have done my own research in the first place but hopefully a good example to others who may jump to ordering a miner based on an article they read online!
You are totally right. I shared this thread with the lead editor and we will be doing more checks with companies requesting press releases + asking for adspace. As Bitcoin users start to increase in number, it makes sense there will be more rotten apple businesses trying to scam people.
Don't feel like you are the only one to jump into something prematurely. I've done it and had to learn the hard way. This is why scam lists and these sorts of discussions are important to help folks think and double check things with a trusted community first.
To Reuben Alexander: know and acknowledge that you are or at least were an active part of this scam if it turns out to be that, it was good of you to have identified your mistake and took down that article but honestly, that is as half baked a reaction as was posting it to bitcoin magazine in the first place, the fact is that you throu bitcoin magazine (a trusted source by the community) endorsed this PR, this was not you buying their stuff.
this product only seemed attractive because it was published on bitcoin magazine as i recall it there was no indication that it was posted by a bot
Its with great shame that i acknowledge that i too am a part of this scam because when this PR was posted in the Bitcoin magazine y shared it with someone dear to me who thru listening to my enthusiasm for 2+ years and started asking me for a good mining rig to buy & had been telling them that it seemed to late for the available batches and that he would be better buying bitcoins directly.
He Acted... with a wire transfer... Too late to cancel
know it appears by the info on this thread that he is down some USD$3,600 Do i feel responsible? hell yeah, ABSOLUTELY YES. what is there for me to do? pay him some part of the money that was lost... (any adult giving, transferring, etc.. money its responsible for what they do)
What can you do? it would be nice of you to prove that you were not involved with this people, sadly that is almost impossible
I think you should use your time and effort to investigate whether this is a scam without any doubts, and any individuals involved.
and help bring them to light.
Do some follow up articles in the Bitcoin Magazine and help those that are being seemingly scammed join to consider action
As for your lead editor i think he left you easy with a "do better in the future" because this kind of slip (Zero Check, trusted outlet) in this environment (Sold out batches, prolonged ship dates, burgoing exchange rates) its at least naive and down right suspicious. if you can just apologize what stops you from doing it (if not again) in the future...
so if you ARE sorry dont tell me... SHOW US.
to coin@coin, easy for you to think an apology is sufficient. good for you that you could cancel the deposit. congrats.
