The Scam List

[hyphenbill]

Please see this definitive warning about www.bitcoinexchangeltd.com from the Administrator of Bitcoinukforum. They are a scam. BUT NOT AFFILIATED OR ASSOCIATED with Bitcoin Exchange Ltd in any way. http://bitcoinukforum.com/index.php?PHPSESSID=e5ecc8f8a8b5d4fe5b74b3a15b52310a&topic=86.msg100#msg100

[wunch]

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

It's a company-in-a-box type service so you can register at that address instead of your own and they forward on the mail. Load's of scams seem to use the same services using EC2 postcodes as registered address. EC2 is not exactly a cheap part of london so any new company based there is either a scam or stupid.

[AngusCanine]

Let's add axonlabs.net offering 3th miners.

[alexandrz]

http://www.bitcoinminingprolab.com/ looks like a scam

[Zelek Uther]

Miner Warehouse
http://minerwarehouse.com/

Status: confirmed scam IMHO.  I'm not going to give them the benefit of the doubt, too many red flags.

Proof: see my analysis from another thread below.  I just picked two products - one was a complete fake! - that was enough for me.  I can't be bothered blowing holes in the rest of their scam-site.  If someone else wants to take it up from here, feel free, but I've seen enough.  

I've never heard of them.  Let's check out a couple of their products...

Bitmine Coincraft Desk 1TH Miners

They claim to be selling Bitmine Coincraft Desk 1TH Miners.  But these have only barely started shipping, see Bitmine list of orders - December 2013 delivery (batch 1).  I doubt they have a unit.

Miner Warehouse won't have Bitmine units before everyone else, Bitmine are clear about who their partners are, and Miner Warehouse are not one of them: see Bitmine Authorized Distributors.

From Bitmine:

We received several reports about unauthorized individuals or companies claiming to be selling CoinCraft-based products, please pay extreme attention when purchasing from an unauthorized distributor because most probably they’re a scam or a reseller of lower-grade, non-working or counterfeit ASICs.

Out of those options, I'd say scam.

Miner Warehouse 2TH Bitcoin Miner

Their "Miner Warehouse 2TH Bitcoin Miner" has 5 images, 3 of which are lifted from Cointerra's early renders of their Terraminer IV unit (found here).  The other 2 images are from a Black 4U Steel Rackmount Server Case (found here from StarTech.com)

This is a typical scam technique, creating a fake product using images stolen from legit websites.  It is slightly bizarre how they have mixed images from different products together, but some scammers aren't great with attention to detail.  Notice how they are offering an actual product (which they don't have): Bitmine Desk 1TH for $4,799, alongside their fake product (which doesn't exist): Miner Warehouse 2TH Bitcoin Miner for $5,199?  Why would anyone buy 1TH for $4,799 when for just $400 more you could get 2TH?  Wow, sounds too good to be true!  

Conclusion: confirmed scam.  

[asmodelle]

Hey what does everyone think of Mining ASICs Technologies B.V. (MAT)?

There was an article about them in Bitcoin mag: http://bitcoinmagazine.com/11125/asics-litecoin-come/

And here is their store: https://www.mining-asics-technologies.com/shop/

With machines like that - I was astounded - yet they featured in Bitcoin mag yet it all looks too good to be true?

The team are listed with Linkedin profiles - one withe 350 connections, so that's two boxes ticked. But very long lead time is not good.

What do you think? Should we be trusting this one?

Regards
Estelle

[jimmothy]

Hey what does everyone think of Mining ASICs Technologies B.V. (MAT)?

There was an article about them in Bitcoin mag: http://bitcoinmagazine.com/11125/asics-litecoin-come/

And here is their store: https://www.mining-asics-technologies.com/shop/

With machines like that - I was astounded - yet they featured in Bitcoin mag yet it all looks too good to be true?

The team are listed with Linkedin profiles - one withe 350 connections, so that's two boxes ticked. But very long lead time is not good.

What do you think? Should we be trusting this one?

Regards
Estelle

Looks like a scam.

50mh miner is cheaper than 30mh.

All prices are just too low to be legit.

And September delivery is pretty late. I'm guessing this is so they can keep collecting preorder funds before people wonder why nothing is shipping.

[railzand]

This thread could not possibly keep up with all the scams out there.

Please don't imagine you can use your googlefu to find some wonderful new undiscovered manufacturer who will make you rich.

There's a good enough evaluation of manufacturers here:
https://bitcointalk.org/index.php?topic=456691.0

[Bicknellski]

It be easier if we had a REPUTABLE miner fabricator list leaving out those who have scammed or push pre-sales without the basic requirements expected by the community. Like a clear BTC/Fiat refund policy, TOS that is also clear, evidence that supports the fabricator has lived up to their promises. I think there have been some threads like that but we really need something that is stickied to the top.

You can then set the criteria for inclusion.

[alexandrz]

What do you think of http://asicminingequipment.com/ scam or not?

[jimmothy]

What do you think of http://asicminingequipment.com/ scam or not?

Selling neptunes for less than knc.

Definite scam.

[AngusCanine]

Add photonicmining with their super mining machines. Google them for a good laugh, but don't be fooled by the website its very well done

[AngusCanine]

Anybody heard of minersube.com

[jimmothy]

What do you think of http://asicminingequipment.com/ scam or not?

Selling neptunes for less than knc.

Definite scam.

Do you even know what you are talking about? Neptunes ARE KNC, so are Jupiters...
I sell KNC Neptunes and KNC Jupiters, so how can I sell neptunes for less than KNC if they are KNC. Muppets like you just cause headaches for legit businesses.

Do you really expect us to believe you are reselling knc neptunes for 8 btc when knc is selling for 20 btc?

Also you have 900 neptunes for sale out of the total 2000? Seems legit.

If you're going to scam at least put some effort in to it.

[whonesta]

What do you think of http://asicminingequipment.com/ scam or not?

Really?? This is my site that is trusted by hundreds.. Why is it in the scam section?

I have been selling bitcoin mining equipment for several years now and no-one has ever claimed I scammed them.

Can the admin please remove this as it could be damaging to my business.

IMHO this is CLEARLY SCAMMER site. LOL "900 Neptunes" get a grip, this newbie has in his hands, 1/4 of the entire Neptune supply whilst KNC can not tell me how many KW to prep for..  right right..

100% SH!T BAGGER!!!

[whonesta]

What do you think of http://asicminingequipment.com/ scam or not?

Selling neptunes for less than knc.

Definite scam.

Do you even know what you are talking about? Neptunes ARE KNC, so are Jupiters...
I sell KNC Neptunes and KNC Jupiters, so how can I sell neptunes for less than KNC if they are KNC. Muppets like you just cause headaches for legit businesses.

Yeah YOU do.. Scumbag SCAMMER!!

[TheRealSteve]

Over in another thread they just made the bold claim that mining with USB miners (think anything from Block Erupter through AntMiner U2 to hex•fury) is "still very profitable".  If they don't come up with some very solid data, this looks like, sounds like, and smells like a typical scam.. advertise fast, advertise hard, profit off of the few who fall for it / are willing to take the risk, then disappear without a trace.

[whonesta]

Over in another thread they just made the bold claim that mining with USB miners (think anything from Block Erupter through AntMiner U2 to hex•fury) is "still very profitable".  If they don't come up with some very solid data, this looks like, sounds like, and smells like a typical scam.. advertise fast, advertise hard, profit off of the few who fall for it / are willing to take the risk, then disappear without a trace.

Yes "he" has been a busy bee, saw a ton of high pressure BS he was hosing, NO phone, NO address, NO products == 100% Scam, NO doubt. Mod could do an IP lookup and alert authorities?

Hope no one falls for this crap-o-la  http://asicminingequipment.com/ scam

[TheRealSteve]

And just like that, *poof* he's gone

[apollojmr]

Just so everyone knows...user jefe541 is a SCAMMER! He ran a group buy and stole coins from me and many others. I have reported it to admin but they cant ban anyone..wtf...oh well. I just want others to be aware..here are links to the scam thread..


https://bitcointalk.org/index.php?topic=508169.0