750 GH/s - 3TH/s Miners from $3565 - www.bitcoinultra.co.uk

[jelin1984]

Can anyone go to see the office and their productions?

[raskul]

still waitin on my invite.

[criptix]

hey guys,

just wanted to share that i tried to call bitcoinultra several times over a few days, but i never got someone on the phone!
i hope someone can visit them soon so we can see a proof.

[jayson001]

There are too much uncertainty between the lab and production. Stability testing could take much longer time than we thought. Stability is critical and time is vital in btc mining.

agreed, look at hashfast, customer pressure for timely shipping forced them to send out unstable babyjets in batch one, but that's a pre-order market. However, in this case, there is no caution required, as we won't be paying for anything until the units are stacked up in bitcoinultra warehouse, and will have been fully tested, and the building-order-shipping process totally assured.

hi raskul,

thanks for your input, but how could we know the miner is fully tested? I still think the caution is necessary here.

My major concern is that bitcoinultra does not have the real running miners for stability testing. Another providers of 28nm miners I am keeping track of called Jingtian miners which have their first 70T testing miners running in eligius.st since Jan 30, and already have 231 bitcoins as I just checked a few minutes ago and running very stable. What I am really worried is that since bitcoinultra have miners ready to ship, but why don't they put some miners running in a pool to test how it works and at same time reap some bitcoins for themself. That's why I said be careful, a little fishy here!

From this point of view, "We will NOT accept any pre-order payments, until our mining rigs are in full production" is a bold and risk promise. If the miner is not fully tested in real mining pool, how could they put it in full production? I am waiting for hard proof and hope they do not ship "unstable babyjets" as you mentioned in your post.

[bclcjunkie]

i already raised that in previous threads but got ignored... 

There are too much uncertainty between the lab and production. Stability testing could take much longer time than we thought. Stability is critical and time is vital in btc mining.

agreed, look at hashfast, customer pressure for timely shipping forced them to send out unstable babyjets in batch one, but that's a pre-order market. However, in this case, there is no caution required, as we won't be paying for anything until the units are stacked up in bitcoinultra warehouse, and will have been fully tested, and the building-order-shipping process totally assured.

hi raskul,

thanks for your input, but how could we know the miner is fully tested? I still think the caution is necessary here.

My major concern is that bitcoinultra does not have the real running miners for stability testing. Another providers of 28nm miners I am keeping track of called Jingtian miners which have their first 70T testing miners running in eligius.st since Jan 30, and already have 231 bitcoins as I just checked a few minutes ago and running very stable. What I am really worried is that since bitcoinultra have miners ready to ship, but why don't they put some miners running in a pool to test how it works and at same time reap some bitcoins for themself. That's why I said be careful, a little fishy here!

From this point of view, "We will NOT accept any pre-order payments, until our mining rigs are in full production" is a bold and risk promise. If the miner is not fully tested in real mining pool, how could they put it in full production? I am waiting for hard proof and hope they do not ship "unstable babyjets" as you mentioned in your post.

[bitcoinultra]

Alot of points to cover but I will try and answer them all.

Firsty regarding VAT, Customers whos orders are delivered outside of the EU do not have to pay VAT, customers within the EU do have to pay VAT as they will with all the other hardware suppliers. Our onlline checkout will calculate this automatically when you check out. By Friday 28th Febuary we shall have the final unit pricing which we expect to be lower than we have already published.

Regarding testing, we are now on revision 4 of our product design as stability with our miners is key. What we believe to be our final design production boards samples will be with us in the next couple of days, at that point they will be installed and running for all to see so you can keep a check on our stability yourself

Other points:

Any news or photos of your chip?

We arn't producing our own chip, are hardware is based on bitmine's CoinCraft A1

Can anyone go to see the office and their productions?

If you would like to come and visit our office give us a call or PM me on here to arrange a time and day

still waitin on my invite.

PM me to arrange a date to come and visit

hey guys,

just wanted to share that i tried to call bitcoinultra several times over a few days, but i never got someone on the phone!
i hope someone can visit them soon so we can see a proof.

Our office is open Monday to Friday 9am  to 5pm GMT please give us a call during these times

[raskul]

There are too much uncertainty between the lab and production. Stability testing could take much longer time than we thought. Stability is critical and time is vital in btc mining.

agreed, look at hashfast, customer pressure for timely shipping forced them to send out unstable babyjets in batch one, but that's a pre-order market. However, in this case, there is no caution required, as we won't be paying for anything until the units are stacked up in bitcoinultra warehouse, and will have been fully tested, and the building-order-shipping process totally assured.

hi raskul,

thanks for your input, but how could we know the miner is fully tested?

my usual protocol would be, that I don't buy anything until mine own eyes see a working rig.
you need to be cautious from yerself mate 

[criptix]

hey guys,

just wanted to share that i tried to call bitcoinultra several times over a few days, but i never got someone on the phone!
i hope someone can visit them soon so we can see a proof.

Our office is open Monday to Friday 9am  to 5pm GMT please give us a call during these times

hey thanks for the reply,
i will give it another try, maybe i will get someone on the line this time.
i hope u can show us pictures from the board soon (maybe even while testing them).

[jelin1984]

I have computer company so I do not want to buy vat at Europe

How that can be made?
Like knc do that .



Why I must pay vat

I can not understand you 

[freebit13]

I have computer company but cannot read..... Jeez dude, just a few posts above yours...

Are you just trying to get your post count up or what's going on?

I have computer company so I do not want to buy vat at Europe

How that can be made?
Like knc do that .

Why I must pay vat

I can not understand you 

Firsty regarding VAT, Customers whos orders are delivered outside of the EU do not have to pay VAT, customers within the EU do have to pay VAT as they will with all the other hardware suppliers. Our onlline checkout will calculate this automatically when you check out. By Friday 28th Febuary we shall have the final unit pricing which we expect to be lower than we have already published.

[KyrosKrane]

I have computer company but cannot read..... Jeez dude, just a few posts above yours...

Are you just trying to get your post count up or what's going on?

I have computer company so I do not want to buy vat at Europe

How that can be made?
Like knc do that .

Why I must pay vat

I can not understand you 

Firsty regarding VAT, Customers whos orders are delivered outside of the EU do not have to pay VAT, customers within the EU do have to pay VAT as they will with all the other hardware suppliers. Our onlline checkout will calculate this automatically when you check out. By Friday 28th Febuary we shall have the final unit pricing which we expect to be lower than we have already published.

I think he's saying that he owns a computer company in the EU, so if he buys, he can classify it as a business purchase and avoid paying VAT ... honestly not sure if that works; I have no experience with EU laws.  In the US, you can legitimately avoid paying sales tax if you have a business license and you buy an item for resale, but not if you buy it for the use of the business.

[Zelek Uther]

Thumbs up on the "no pre-orders" business model!

[Biomech]

Thumbs up on the "no pre-orders" business model!

yes, this. I won't buy a pre order, but I might buy your machines if they are in hand. Either that or some Ants, in a few weeks.

[jelin1984]

NO I MEAN SIMPLE LIKE KNC DO

NO VAT FOR PROFFESIONAL VAT NUMBER WITHIN EUROPE

WHERE IS THE PROBLEM

IF THESE COMPANY NOT KNOW THAT
SORRY IS NOT COMPANY
IS SCAM

[Biomech]

NO I MEAN SIMPLE LIKE KNC DO

NO VAT FOR PROFFESIONAL VAT NUMBER WITHIN EUROPE

WHERE IS THE PROBLEM

IF THESE COMPANY NOT KNOW THAT
SORRY IS NOT COMPANY
IS SCAM

... The bong, Jellin.... Hit the bong... then Caps Lock... deep breath.

VAT law is complicated. I am in the US, so I don't have to deal with it, but I very definitely recall the brouhaha over it in the KNC thread. Seems that while the EU has a published "standard", it's open to massive interpretation and endless debate. Give 'em a minute to get it sorted.

Not saying they aren't a scam, nor that they are. But this is a pretty minor technical detail up until they actually start taking money.

Oh, the first sentence is all in good fun. You seem awfully excitable

[bitcoinultra]

Just to confirm regarding VAT again.

Our company is VAT registered in the UK, any orders delivered within the EU are subject to VAT at 20% which is paid during checkout. and orders delivered outside of the EU are not subject to VAT and this isn't charged during the checkout process.

As we have already mentioned the published prices aren't our final production prices, we will have our final pricing confirmed later this week which will hopefully be lower.

[jelin1984]

From knc which is Sweden company
I did not pay vat


Why pay vat to you?


I have European company vat Id

So I did not pay vat




 If you have a valid European company VAT ID, enter it below.

[Darthswan]

I noticed in the description on the Enigma 1 and 2 there is a usb hookup.  Is there an ethernet hook up?  Can they be ran as a standalone?

Thanks.

[ClessMeister]

From knc which is Sweden company
I did not pay vat


Why pay vat to you?


I have European company vat Id

So I did not pay vat




 If you have a valid European company VAT ID, enter it below.

Because if you have an IT-company inside EU you HAVE to pay VAT otherwise your doing illegal purchases avoiding to pay the TAX like all the other companies does. But when you buy with your company it does not matter how much is the VAT (tax) because at the end of TAX-session you get them off from your accounting.

Just simple normal business.

[jelin1984]

No you are not correct


Ask knc and other mining European company
How you do the business's