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Author Topic: ZTE-ASIC -- Confirmed Scam  (Read 3250 times)
AussieHash
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December 27, 2013, 12:08:19 PM
Last edit: December 29, 2013, 11:16:12 AM by AussieHash
 #1

https://www.zte-asic.com/zte-zeus-asic-bitcoin-miner

ZTE-ASIC seem to have appeared out of thin air yesterday, or have managed to fly under the radar despite a too-good-to-be-true price. They also claim to have completely delivered batch one last month !

I see 2 verbatim posts on 2 obscure forums by 2 different newbie posters, dated yesterday
https://www.coinforum.ca/discussion/813/bitcoin-miner-6th
http://forums.pureoverclock.com/bitcoin-forum/23928-bitcoin-miner-6th.html

One similar post on another obscure forum dated today
http://www.coinboards.org/thread-bitcoin-miner?action=lastpost

And one reddit post (which I replied to)
http://www.reddit.com/r/BitcoinMining/comments/1tssyy/zte_zeus_asic_6th/

Edit 1:
The scammers continue to sign up brand new accounts and make fake posts
http://www.bitcointalk.co.za/t/bitcoin-asic-miner/527  (verbatim post as above)
http://www.reddit.com/r/BitcoinMining/comments/1twxhy/zteasic_real_thing/
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AussieHash
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December 27, 2013, 12:16:28 PM
Last edit: December 27, 2013, 12:27:11 PM by AussieHash
 #2

I agree with this forum post "looks like a fake. Caution"

https://translate.googleusercontent.com/translate_c?depth=9&nv=1&rurl=translate.google.com&sl=auto&u=forum.bitcoin.de/hardware/2409-bitcoin-asic-miner-6th.html&usg=ALkJrhjEhp8Hak1z3RVannBmO-6a7waGgQ

Having some trouble with the google translate link - OP
https://forum.bitcoin.de/hardware/2409-bitcoin-asic-miner-6th.html
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December 27, 2013, 12:17:33 PM
 #3

https://www.zte-asic.com/zte-zeus-asic-bitcoin-miner

ZTE-ASIC seem to have appeared out of thin air yesterday, or have managed to fly under the radar despite a too-good-to-be-true price. They also claim to have completely delivered batch one last month !

I see 2 verbatim posts on 2 obscure forums by 2 different newbie posters, dated yesterday
https://www.coinforum.ca/discussion/813/bitcoin-miner-6th
http://forums.pureoverclock.com/bitcoin-forum/23928-bitcoin-miner-6th.html

One similar post on another obscure forum dated today
http://www.coinboards.org/thread-bitcoin-miner?action=lastpost

And one reddit post (which I replied to)
http://www.reddit.com/r/BitcoinMining/comments/1tssyy/zte_zeus_asic_6th/

Of course we have more 3D renders because showing a real product is so last year. No power numbers, no proof of units in the wild. Obvious SCAM is SCAM!

Plus the fact that the real ZTE corporation is located here www.zte.com.cn. The scammy site is seems to be a company registered in US. This screams of scam from a looong way.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
slicko
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December 27, 2013, 12:21:47 PM
 #4

asic scams are so 2013 :/
turtle83
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December 27, 2013, 12:32:48 PM
 #5

"if its too good to be true, then it probably isn't"

6 TH/S @  23.89 BTC ...  at current difficulty it would make that back in 10 days... why on earth would someone sell it? and offer 30 day money back gurantee on product that ROIs in 10 days? Common sense is probably rolling in its grave...

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December 27, 2013, 01:04:02 PM
 #6

yeah, seems fishy someone manufacturing 6TH machines fell under the radar for so long. should be easy enough to confirm.

I intend to coarsen. I want stark contrasts drawn. I want polarization. I will not quietly accept stateism so as not to upset anyone. I am not tolerant of our impending and increasing slavery.
RenHoek
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December 27, 2013, 01:05:38 PM
 #7

scam

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
For this valueable Tip your ฿ Donation to:
1DNbwKGmQytSY69TuK9fLFQVXQjnVw18pY
Easy2Mine
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December 27, 2013, 01:25:25 PM
 #8

They are abusing ZTE name.
ZTE is a Chinese company.
ZTE-Asic is a scam, no one speaks Chinese there.
A bit weird for a typical Chinese company.

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December 27, 2013, 01:32:27 PM
 #9

Use Pinyin to contact them, do not use Chinese characters.
Google can translate Chinese characters, but not Pinyin.
No one can read pinyin at ZTE-Asic.
A Chinese company with workers who are illiterate in Pinyin.
Definately a scam.

clenell
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December 27, 2013, 01:41:44 PM
 #10

thanks for the information easy.

I intend to coarsen. I want stark contrasts drawn. I want polarization. I will not quietly accept stateism so as not to upset anyone. I am not tolerant of our impending and increasing slavery.
Easy2Mine
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December 27, 2013, 01:50:24 PM
 #11

@Clenell you are welcome

What's next
Huawei-Asic
Xiaomi-Asic
Lenovo-Asic
Haier-Asic
TP-Link-Asic
Which Chinese company name are they going to abuse next.

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December 27, 2013, 01:53:26 PM
 #12

so fake. no power requirements? such a small case for 6 TH  Grin
Easy2Mine
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December 27, 2013, 02:05:06 PM
 #13

I report them to the real ZTE company.
Make these bastards bleed.
Waiting for an email

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December 27, 2013, 02:43:23 PM
 #14

I report them to the real ZTE company.
Make these bastards bleed.
Waiting for an email

I was about to do that too. I think one is enough. I wonder if they can/will sue them for using their company name.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
ProudMiner
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December 27, 2013, 03:36:56 PM
 #15

The pictures in their site is from synology




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December 27, 2013, 03:49:02 PM
 #16

Please add to The Scam List thread:

https://bitcointalk.org/index.php?topic=366659.0

1MYwxy8TniWL37y3ueG2cN6i5eQ49Fr19Q
descarte
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December 27, 2013, 09:47:56 PM
 #17

The pictures in their site is from synology






haha, good find. I like the way they said they delivered batch 1.

CAN any of the batch 1 receivers come in and say hi.
ProudMiner
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December 28, 2013, 01:15:32 AM
 #18

I think that 1st batch was bought by Santa Clause.
I 've been a good boy this year and I asked him for 3TH/s ASIC.  Grin

Merry Christmas everybody, ho ho ho!!!

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December 29, 2013, 04:21:43 AM
Last edit: December 29, 2013, 04:40:48 AM by Anddos
 #19

Answer me this, why dont they release news information about ASICS on there twiter account?
They do it for all there other products

There original site is

http://wwwen.zte.com.cn/en

Has anyone been able to locate there contact info?

https://www.zte-asic.com/contact


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