Mining ASICs Technologies Promises 6TH/s Bitcoin Miner And 200 MH/s Scrypt Miner

[jjj0923]

I have still got the Flu, so it will be a brief report.

On the Bitcointalk forums people ask for a independent source to visit the Mining ASICs Technologies.
So After a long drive (250km) I arrived at Maastricht.
At the reception of Mining ASICs Technologies (MAT) a friendly girl asked me to take a seat.
5 minutes later i am shaking hands whit the CEO Marc Coumans.
We took a seat and his start talking about the MAT company that he and his two partners started February 2014. They want to create a cheap 28nm asic chips.

Of course i asked about the miners itself, mister Marc Coumans got a big box from behind, we unpacked the pre-production Titanium 3 Terra Hashes miner.
The Titanium Has 7 Mining boards od 340 Giga Hashes. Its a heavy machine, really well build.
In the Final product sall have 4 Mining boards of 1.5 Terra Hashes each, whit a updated asic chip.
The Miners (scrypt and sha-256) will be a Modulair desing, so you can order extra mining boards later or replace broken boards. This all can be hot swapped!
We of Bitcoinupdate got a lot of questions about DreamChips, MAT has a exclusive contract to create there Asics chips.
So no other company will be using DreamChip as there FPGA or ASICs hardware cource.
I think people can take there own conclusions from that.

I must say i have really good impression of Mining ASICs Technologies.
Its a real frim, in a really building, and i have seen even some real people ;-)
It seems more then legit to me.
I hope my effort helped the mining community, and a thinks are more clear now.
If there are any questions, please ask them.

As reviewer my report also can be found here: http://cryptomining-blog.com/2641-a-visit-at-the-office-of-mining-asics-technologies/

thank you so much - now people will stop questioning my sanity....well - at least the people here on the forum - my friends question my sanity all the time

[1715641247]

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[1715641247]

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[Cranky4u]

Has the thread laid physical eyes on these systems? Legit or dodgy?

[xstr8guy]

Am I missing the proof here? They showed a miner (probably a relabeled miner from a 3rd party) that has nothing to do with the product they are taking orders for.

And somehow this proves beyond a shadow of a doubt that they are legit? Oh right, they have a real office with a friendly receptionist and a Rockminer with a MAT sticker covering the original one. This just HAS to be real, lol.

[taipo]

There is no real way of gathering such info to prove a company is legit or not until they have produced and dispatched enough miners to the point that peoples cognitive dissonance causes implosion. Youtube videos can be faked, mining stats can be jacked up, even independent witnesses could be paid off to say whatever...

The lesson miners have learnt is that preordering IS investing in high risk business ventures. Many took the gamble and many of those got stung when high risk business ventures turned out to actually be high risk.

There are enough functioning miners around now in the terrahash range that noone needs to preorder anymore. If you do, no matter how legit the business looks or even PROVES to be, even if the companies name is Spoondoleys or whatever, preordering = high risk business investment, its still a high risk idea NO MATTER WHAT.

Preorder at your own peril or if you have money to throw away.

[Zeta0S]

Am I missing the proof here? They showed a miner (probably a relabeled miner from a 3rd party) that has nothing to do with the product they are taking orders for.

And somehow this proves beyond a shadow of a doubt that they are legit? Oh right, they have a real office with a friendly receptionist and a Rockminer with a MAT sticker covering the original one. This just HAS to be real, lol.

Hello,

This is what i have seen, there is not more or less.  MAT knew i was coming, and this is what they has shown.
There were questions about they having a real office (including me), That`s been the case.
The Miner I hold is been the real thing, but still a pre production. There were no scrypt miners so no real proof there.
In have talked about 1.5 hours whit there CEO, and i had a good impression, that's what i report here for u guys (no thanks)

I cannot proof it they will make business mistakes, nor did i financial investigation on there
bookkeeping (someone ask true pm today). What i can do is make a visit and tell you guys what i have seen and my feeling about them.

The questions were Will there be a office? yes there is.  Is the CEO really there? Yes he was and he knows a thing or two about mining. Have you seen any products? I have seen one real sha256 miner.

Hope this will clear things up.

Zeta.
 

[jjj0923]

Am I missing the proof here? They showed a miner (probably a relabeled miner from a 3rd party) that has nothing to do with the product they are taking orders for.

And somehow this proves beyond a shadow of a doubt that they are legit? Oh right, they have a real office with a friendly receptionist and a Rockminer with a MAT sticker covering the original one. This just HAS to be real, lol.

Hello,

This is what i have seen, there is not more or less.  MAT knew i was coming, and this is what they has shown.
There were questions about they having a real office (including me), That`s been the case.
The Miner I hold is been the real thing, but still a pre production. There were no scrypt miners so no real proof there.
In have talked about 1.5 hours whit there CEO, and i had a good impression, that's what i report here for u guys (no thanks)

I cannot proof it they will make business mistakes, nor did i financial investigation on there
bookkeeping (someone ask true pm today). What i can do is make a visit and tell you guys what i have seen and my feeling about them.

The questions were Will there be a office? yes there is.  Is the CEO really there? Yes he was and he knows a thing or two about mining. Have you seen any products? I have seen one real sha256 miner.

Hope this will clear things up.

Zeta.
 

sorry - you are one of the bad guys now - don't you realize you are not permitted to say anything nice about any companies - unless of course is spoonfoolies... (sic?)

you will be pounced on...chided...second guessed, called a traitor...drawn and quartered and then hung from the gallows until you are silent...

welcome to the dark side LUKE!

 

[Syke]

10 grand for 6 TH/s: https://www.mining-asics-technologies.com/product/titanium-2-asic-bitcoin-miner-6-ths-super-low-power/

or

5 grand for 6 TH/s: http://www.spondoolies-tech.com/products/sp30-yukon-september-batch-1

I think the choice is clear.

[jimmothy]

10 grand for 6 TH/s: https://www.mining-asics-technologies.com/product/titanium-2-asic-bitcoin-miner-6-ths-super-low-power/

or

5 grand for 6 TH/s: http://www.spondoolies-tech.com/products/sp30-yukon-september-batch-1

I think the choice is clear.

or

$1300 for 1.2TH shipping in a few weeks. http://shop.rockminer.com/goods.php?id=35

[elkrisi]

Thank you Zeta for the report.

It really settles the question about existence of real offices and people at Mining ASICs Tech.
This by itself plus contract with DreamChips about ASIC development makes the whole operation very real and trustworthy.

The products, however, remain to be seen in operation.

So, as a would be buyer, I think I'll do what I usually do when buying laptops or digital cameras:

I will wait until I see an in depth review of a real product in real operation, complete with benchmarks and open case photos.

But still, very grateful for Zeta's report!

[8KIRA6]

Hi,

has someone tried to verify the reliability of the second co-founder Sascha Buhr? In his profile on Linked (https://www.linkedin.com/pub/sascha-buhr/0/24/38a)  there is no mention of MAT and so far does not seem to be never appeared in photos together with Marc Coumans or whatever. In addition, between contacts Buhr, always on Linked, there is neither MAT nor Marc Coumans. There is no mention at all! Strange to be two co-founders of the same thing. From their profiles even seem to know each other!
There is another thing that I feel strange: doing a name search, it seems that Sascha Buhr is also co-founder of ArabCoin (http://www.arab-coin.ae/). Also in this case there is no mention of ArabCoin on the linked  profile of Buhr.
Has anyone done more research like this? I tried to contact him through his Facebook profile, but I'm not sure it's really his. I can not, but I hope someone can contact him through linked.
I agree with the position of some of you that it does not take much to change a asic third party. It is also the only model so far seen, not even a screen shot of his power.

We can not yet fully trust!

[nemisan]

Im think the only thing wi can do is only buying if is there are stock en never pre order 
The compagnys fucked us all the time 

[rik_khaos]

Great post Zeta!  You really sold us on MAT.  Thank God you posted a pic of the internals and a CGminer reading....oh, you didn't?

Useless.

But they have desks.....

And it's wearing a cute little fez in the second picture.

[RoadStress]

Great post Zeta!  You really sold us on MAT.  Thank God you posted a pic of the internals and a CGminer reading....oh, you didn't?

Useless.

+1 You sold us! HashFail had offices and a CEO and now they are in bankruptcy. I call your trip a fail trip. 0 solid proof just box of fans. Waste of gas.

[Mining-ASICs-Technologies]

News: Mining Asics Technologies will join Asia´s Largest Bitcoin Conference "Inside Bitcoins" in Hong Kong from 24.06 until 25.06.2014
Explore the Business of Bitcoin
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We are looking forward to meet you at our exhibition booths 15 & 16 at the Inside Bitcoins in Hong Kong from 24.06 until 25.06.2014
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Buy your tickets now!
http://www.mediabistro.com/insidebitcoins/hong-kong/register.asp
We hope to see you there!

Marc Coumans
CEO & Co-founder

Mining Asics Technologies B.V.

https://www.mining-asics-technologies.com

[Cesar10101]

Did anybody already get his asic miner from MAT?

I dont see any people selling it on ebay,...so i think they didnt start to deliver until now?

[ChuckBuck]

Did anybody already get his asic miner from MAT?

I dont see any people selling it on ebay,...so i think they didnt start to deliver until now?

Nope, no one has a miner in the wild.  Only pictures of their office carpet, desks, and metal box, but no live video of the internals of the asic chips or a video of CGminer hashing away.

Fantasy land so far, though it appears they have a "partnership" with Mimocloud:

https://mimocloud.net/

[Biffa]

But they must be legit right? They go to Bitcoin conferences  

[nemisan]

Mimocloud contract:


Section 12, they can cancel the contract at any time without refund.
Section 9, you have two weeks from date of purchase to request a refund.  Since the contract doesn't start in October, by the time you realize it is a shitty deal you can't refund.
Section 6a, they can change the terms of the contract at any time, without you having any recourse.

[gadtng3]

They act all nice in this forum, but believe me, they will not deliver anything. I believed some good posts in facebook, that's why I bought miners. Its my biggest mistake now. Just drive at their mentioned address and see yourself. Pidarasi jobnutije. ))))

[dogie]

They claimed there was no need for independent verification because they were shipping to customers and customers would prove the miners. The last 4 times this has happened, its not ended well.