The Scam List

[tork]

Another SCAM to add to this sorry list:

Bitcoin Exchange Ltd, https://bitcoinexchangeltd.com

Claim they trade BTC for cash but my experience is they just take your BTC (see also https://bitcointalk.org/index.php?topic=332876.msg4370868#msg4370868)

In the absence of my promised but yet to materialise refund my loss has been minor. It seems from https://blockchain.info/address/1Ndvbh9Li8Bm8jSSfPUyj3ytNrNz49HxWV (on just one of their deposit addresses) others stand to loose much more including several deposits since my earlier posts.

It also seems their claimed Company registration # 08459694 and associated address may not be their own (see https://bitcointalk.org/index.php?topic=332876.msg4374395#msg4374395)

<<
Name & Registered Office:
BITCOIN EXCHANGE LTD.
 86-90 PAUL STREET
LONDON
ENGLAND
EC2A 4NE
Company No. 08459694

Status: Active
Date of Incorporation: 25/03/2013

Country of Origin: United Kingdom
  
Company Type: Private Limited Company
Nature of Business (SIC):  None Supplied
  
Accounting Reference Date: 31/12
Last Accounts Made Up To:   (NO ACCOUNTS FILED)
Next Accounts Due: 30/09/2014
Last Return Made Up To:
Next Return Due: 22/04/2014
  
Mortgage: Number of charges: ( 0 outstanding / 0 satisfied / 0 part satisfied )      
 
Previous Names:
No previous name information has been recorded over the last 20 years.
 
UK Establishment Details  
There are no UK Establishments associated with this company.
  
Oversea Company Info  
There are no Oversea Details associated with this company.
>>

Whois shows Michael Harris as their domain registrant. This is the same guy who pops up on their on-line chat though with me he claimed to be no more than a third party chat operator unable to make any decisions.

<<
Domain Name: BITCOINEXCHANGELTD.COM
 Registrar URL: http://www.godaddy.com
 Registrant Name: Michael Harris
 Registrant Organization: BITCOIN EXCHANGE LTD.
 Name Server: NS2.BITCOINEXCHANGELTD.COM
 Name Server: NS1.BITCOINEXCHANGELTD.COM
 DNSSEC: unsigned

 For complete domain details go to:
 http://who.godaddy.com/whoischeck.aspx?domain=BITCOINEXCHANGELTD.COM

 Information Updated: Fri, 10 Jan 2014 12:05:19 UTC
>>
 
If anyone has experience to contrary I'd be happy to know. If I receive my refund after all I'll let you know. Gross obstructiveness and incompetence is one thing, while fraud would be another entirely.

Meanwhile I've filed full reports with Action Fraud and the UK Office of Fair Trading.

[tork]

Just to add..

I would urge anyone who believes they have been victim of fraud by https://bitcoinexchangeltd.com to report it ASAP to Action Fraud on 0300 123 2040.

It only takes 20 minutes or so to do so and the more reports submitted on individual fraudsters the higher the profile of their case with the police. The sooner these and similar fraudulent websites are taken down the better for us all and the future of Bitcoin/crypto currencies.

[railzand]

https://mammoth-mining.com/

have we done them? they seem dubious to say the least

https://bitcointalk.org/index.php?topic=420625.0

[zulover]

kotaklabs  https://bitcointalk.org/index.php?topic=342853.100

cryoniks https://bitcointalk.org/index.php?topic=214378.20  just for experience.

[Zelek Uther]

Thanks xstr8guy for the effort compiling and maintaining this list.

Just a suggestion: can we order them alphabetically?

[Anddos]

https://mammoth-mining.com/

have we done them? they seem dubious to say the least

https://bitcointalk.org/index.php?topic=420625.0

I was about to report them here to,TheMaggot for a 3TH miner is helirous

Some experience with front-end programming (you should be able to code up a simple web site and/or an application).

That is a terriable way to describe the skills you need for that job

[harkonnen]

This is work in progress and I'm taking into account all opinions whenever possible.  Companies that claim to be developing and selling ASICs already receive intense scrutiny in this forum.  My goal is only to take community consensus and put that information into a single thread for quick reference.  A link is included, when available, to forum discussions about each company listed so potential customers can decide for themselves.  I will not link directly to company websites.  It has been suggested by shawneric to include direct links to the company websites which may help this thread's SEO.


Beware of these ASIC companies.  They may be scams.

COMPANY..............	SCAM?.......	DISCUSSION...	WEBSITE (caution, offsite link)
Payonix	Probable	Link
Xtreme Miners	Probable	Link	Link
BTCOlympus	Possible	Link	Link
Phoenix Technologies	Confirmed	Link
Mining Heart	Probable	Link	Link
Boscombe Pierlytics	Probable	Link	Link
SkyminerLabs	Probable	Link	Link
TechTime Electronics	Possible		Link
BitcoinRigs	Possible	Link	Link
ComputerGnomes	Probable		Link
bASIC	Failed	Link
CoreMiner	Probable		Link
HashBlaster	Possible	Link	Link
NitroMiner	Probable	Link	Link

Questionable - May be legitimate but exhibits questionable behavior
Possible - Outside chance that this may be real
Probable - Most likely a scam
Confirmed - Has stolen or attempted to steal money/bitcoin from forum member(s)
Failed - May have been a scam but disappeared or shutdown before confirmed


Useful Links
Previous Scam List (not updated)
Mining Equipment Comparison Table

• Inclusion to this list is not proof of a scam.  It is meant as a warning to take precautions and do research.
• Exclusion from this list is not a verification of legitimacy.  If you have concerns about a company not yet listed, join or start a discussion on the forum.

Here are couple more...

COMPANY..............	SCAM?.......	DISCUSSION...	WEBSITE (caution, offsite link)
asic-products.com	Confirmed	Link	Link
asic-market.com	Confirmed	Link	Link
bitcoin-world.net	Confirmed	Link	Link

[Ytterbium]

BFL and Hashfast should at least get "special mention" on this list.  Delivering products far later then promised is basically a scam, because people will never earn back what they invest.

VMC/AMC does have a chip under development eASIC put out a press release discussing their chip. I made a couple btc buying AMC stock on btct.co when that press release came out and then selling right away. Fun times.   I certainly wouldn't buy hardware from them, they are way late on hardware - they were supposed to start shipping in november and never did. I have no idea what happened with people's pre-order money, and their CEO has gone completely silent.

Also, I saw a link to mammoth mining earlier today, super-obvious scam.

[alexandrz]

What do you think about http://cryptcloudex.com/?

[railzand]

What do you think about http://cryptcloudex.com/?

it's that triple b mining again, there was a thread on here a while back

[alexandrz]

it's that triple b mining again, there was a thread on here a while back

I can't find the thread. Is it legit?

[railzand]

it's that triple b mining again, there was a thread on here a while back

I can't find the thread. Is it legit?

sorry nor can i for now. there's this https://bitcointalk.org/index.php?topic=434343.0

but it's not helpful

suggest you add to that thread and treat all such new sites as scams unless proven otherwise.

if they were legit they'd be on here somewhere fighting back like ntek

[railzand]

found it dunno what to make of it

https://bitcointalk.org/index.php?topic=388972.0

user ninjaboon in that thread is trustworthy

[alexandrz]

What about http://miningbucket.com/

[descarte]

http://hashcoins.com/ - very high scam possibility

[btcminer84]

Why is BFL not on this list?

And Technobit.eu!

[harkonnen]

What's about http://miningbucket.com/

Scam

[edgar]

what about phoenix1969 / mauiflipper / aussiepete / searing etc?

[Todamont]

BFL scammed me. I don't care what anyone says or what they are doing these days, those guys are straight-up con artists.

[Anddos]

Another SCAM to add to this sorry list:

Bitcoin Exchange Ltd, https://bitcoinexchangeltd.com

Claim they trade BTC for cash but my experience is they just take your BTC (see also https://bitcointalk.org/index.php?topic=332876.msg4370868#msg4370868)

In the absence of my promised but yet to materialise refund my loss has been minor. It seems from https://blockchain.info/address/1Ndvbh9Li8Bm8jSSfPUyj3ytNrNz49HxWV (on just one of their deposit addresses) others stand to loose much more including several deposits since my earlier posts.

It also seems their claimed Company registration # 08459694 and associated address may not be their own (see https://bitcointalk.org/index.php?topic=332876.msg4374395#msg4374395)

<<
Name & Registered Office:
BITCOIN EXCHANGE LTD.
 86-90 PAUL STREET
LONDON
ENGLAND
EC2A 4NE
Company No. 08459694

Status: Active
Date of Incorporation: 25/03/2013

Country of Origin: United Kingdom
 
Company Type: Private Limited Company
Nature of Business (SIC):  None Supplied
 
Accounting Reference Date: 31/12
Last Accounts Made Up To:   (NO ACCOUNTS FILED)
Next Accounts Due: 30/09/2014
Last Return Made Up To:
Next Return Due: 22/04/2014
 
Mortgage: Number of charges: ( 0 outstanding / 0 satisfied / 0 part satisfied )     
 
Previous Names:
No previous name information has been recorded over the last 20 years.
 
UK Establishment Details 
There are no UK Establishments associated with this company.
 
Oversea Company Info 
There are no Oversea Details associated with this company.
>>

Whois shows Michael Harris as their domain registrant. This is the same guy who pops up on their on-line chat though with me he claimed to be no more than a third party chat operator unable to make any decisions.

<<
Domain Name: BITCOINEXCHANGELTD.COM
 Registrar URL: http://www.godaddy.com
 Registrant Name: Michael Harris
 Registrant Organization: BITCOIN EXCHANGE LTD.
 Name Server: NS2.BITCOINEXCHANGELTD.COM
 Name Server: NS1.BITCOINEXCHANGELTD.COM
 DNSSEC: unsigned

 For complete domain details go to:
 http://who.godaddy.com/whoischeck.aspx?domain=BITCOINEXCHANGELTD.COM

 Information Updated: Fri, 10 Jan 2014 12:05:19 UTC
>>
 
If anyone has experience to contrary I'd be happy to know. If I receive my refund after all I'll let you know. Gross obstructiveness and incompetence is one thing, while fraud would be another entirely.

Meanwhile I've filed full reports with Action Fraud and the UK Office of Fair Trading.

http://hashra.com/t-c , why does there postcode start with ec also?
be carefull people, people from london are scum of the earth