B3 Owners - Let s make a class action against BITMAIN and BYTOM

[pierrexp81]

Hello,

If you bought a B3 miner, you know what we are talking about.

The facts :

• BITMAIN and BYTOM made a partnership.
• BITMAIN made a premine with the new created BTM chain.
• BITMAIN released an ASIC in partnership with BYTOM.
• They communicated about 2 batches of 5 000 pieces each.
• When Mainnet launched, BITMAIN sold first batch.
• BEFORE the end of the first batch sending, BITMAIN sold the second batch (some of the first batch buyers received their ASIC after some second batch buyers.
• BITMAIN refund a very little amount of the first batch buyers, even if customers didn t asked anything (they knew something were not good).
• When the first B3 reached the network, we discovered that many more miners were here (about 10K when the first batch wasn t already completed).
• The GPUs can hash really more than the ASIC miners, a poor 5x 1050 MINING RIG can have more hashrate than our ASICS.

So that are the fact, knowing that we can tell that BITMAIN knew the situation, partialy refund, and sold their batch 2 really fast to avoid having a stock of impossible to sell miners.
They KNEW that GPUs miners were able to perf higher than our golden paid B3s.

BYTOM team, didn t made anything, they are happy of the situation, all the buyers loosed a ton of Money, but Bitmain won many millions US$, and BYTOM team have high hashrate on their chain, not carring about the poor customers.

We can act, we can take a lawyer and make a class action against BITMAIN and make the light about what happened.

First step : Make you know here, then we ll contact BITMAIN and BYTOM team.
If nothing happend, we can go to all BYTOM meeting giving informations to people and explain what happend.
Then next step if they don t do anything, we find a lawyer and make class action to get our money back.

Bitmain can give back premine to B3 customers, and Bytom team can make airdrop to B3 customers too, instead of giving BTM to useless twitter campains!

We created a DISCORD CHAN, Feel free to join us :
https://discord.gg/qcQXFcj


Thanks.

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[melpheos]

A class action lawsuit against a chinese company, good luck with that.

https://gettingthedealthrough.com/area/82/jurisdiction/27/class-actions-china/

You can try to contact the above company to have some information but be ready to cash out some money just for consulting and they might tell you that there is no point launching it. So not only you will have lost money with bitmain but also on lawyers fee.

[oomurashin]

its a hard load.....

[CjMapope]

ya, you have no chance. just being honest
China wont prosecute their companies like that i find
plus, bitmain does this as a BUSINESS model, and i fear a lawyer would tell you:  "noone put a gun to your head and made you "scam" yourself"

*btw, im most countries its not a scam if you RECEIVED a product, or did they say it would be different then what you got? i dont think they did, i think everyone just doggypiled like they always do BMT machines, then threaten to sue after they realize their own greed screwed them, seen this 100x...

quite simple: dont support them, if you guys just stopped being so greedy and ordering anything they drop, this wouldnt be happening, no?

Sorry for your loss

[vuli1]

ya, you have no chance. just being honest
China wont prosecute their companies like that i find
plus, bitmain does this as a BUSINESS model, and i fear a lawyer would tell you:  "noone put a gun to your head and made you "scam" yourself"

*btw, im most countries its not a scam if you RECEIVED a product, or did they say it would be different then what you got? i dont think they did, i think everyone just doggypiled like they always do BMT machines, then threaten to sue after they realize their own greed screwed them, seen this 100x...

quite simple: dont support them, if you guys just stopped being so greedy and ordering anything they drop, this wouldnt be happening, no?

Sorry for your loss

exactly. well said. Stop supporting them. It is simple as that.

[rdluffy]

You, and every single Asic owner gave money and power to bitmain
Now all you guys have to face the consequences

[swogerino]

You, and every single Asic owner gave money and power to bitmain
Now all you guys have to face the consequences

Exactly. If you want for this not to happen again , don't buy their products and start supporting decentralisation by mining coins which are ASIC resistant like Monero V7. The developers of Monero immediately took action by forking to V7 when they saw all those Cryptonight ASIC miners around.

[medussa]

Doing a premier and then selling mining hardware for same altcoins is fraudulent. Bitmain should know better,the should worry about their reputation too.

[Marvell2]

You, and every single Asic owner gave money and power to bitmain
Now all you guys have to face the consequences

Exactly. If you want for this not to happen again , don't buy their products and start supporting decentralisation by mining coins which are ASIC resistant like Monero V7. The developers of Monero immediately took action by forking to V7 when they saw all those Cryptonight ASIC miners around.

ppl never learn tho , bitmain is lauging at yall loo

[fanatic26]

You are feeling buyers remorse.

Bitmain did nothing wrong.

They built hardware, they sold hardware.

You bought it.

They made no representations or guarantees, and if you look at their website it specifically says they are not to be held responsible to the coins ecosystem.

You are the fool that bought a miner that could only mine one random altcoin with no proven track record. Its your screw up, not theirs.

[pierrexp81]

Guys,

Ok some of you says that we can t get back anything, so just don t subscribe.

But if you want to be part of the non happy customer who wants to claim a solution, to get our money back, you are welcome.

Again, they knew the bad situation, but instead of saying the truth to customers, they sold miners really fast before we discover the situation.

Personnaly i m gonna act, feel free to do it or not, but if you won t, don t come here saying you won t, it s useless, we just need to know who wanna complain with us.

Thanks.

[curt999]

whats interesting with the B3 however is the fact gpu mining is more powerful..this has never been the case with bitmains other asics..bitmains cost on the B3 very well may of been only $300-400 range..a gtx1070 can get close to the 1000h/s of the B3..i would feel ripped off also if i bought one..perhaps going direction of a lawsuit isnt what to do but if enough people complain to get bitmain to do a partial refund to all the people that bought one..

[pierrexp81]

Exactly, if all customers complains together Bitmain ll listen to us, at least médias ll do it

[Vann]

https://www.youtube.com/watch?v=-26VMhVLuHc

[adaseb]

Maybe if Bitmain was an American company then, yes, it would have a shot at a class action suit.

However things are different in China. The laws that apply in USA usually don't apply in China.

If you want a good example, look at all the cars that Chinese automakers copy like BMW or Bentley, they get sued and they lose in court because they say "They look nothing alike".

[nsummy]

Pardon my french, but anyone who bought one of these things is a fucking idiot.  A brand new mainnet without any other mining software.  You couldn't tell if what you were buying produced a good hashrate or not.  Admit it, you were greedy and while you could have made a lot of money, you rolled the dice and lost

[gameboy366]

It won't matter even if this company was American. You got what they advertised, they always have a disclaimer saying crypto market is very volatile and new technological advances can make the hardware obsolete, buy at your own risk.

Also a single 1070 makes more then this asic.

[nc50lc]

• BITMAIN made a premine with the new created BTM chain.

Uh not that I'm depending Shitmain but, while the current events suggest that this might be true, there isn't any strong evidence that supports this claim.

I'm sure you will waste your time on filing a case against a Chinese company where almost all knock-offs came from and can get away with "They aren't the same".
B3s however, was advertised as it is and you got the actual product, nothing seems to be wrong unless all of the evidences are strong.

I'll just leave it here  :

Haha wow, not only is Bitmain pumping out ASICs for every algorithm out there, they are now also CREATING coins that they can sell ASICs to in the future.

[Rock and Paper]

The GPUs can hash really more than the ASIC miners, a poor 5x 1050 MINING RIG can have more hashrate than our ASICS.

How ironic, now tell that to other GPU miners how ASIC's that made their ROI harder.

[LTCMAXMYR]

hahaha,fuck shitman