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Author Topic: ASG Mining, is anyone using their miners?  (Read 332 times)
SnowMan83 (OP)
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March 01, 2019, 07:55:28 PM
 #1

The numbers seem too good to be true and I couldn't find any reviews of the company online...hmmm...

Is anyone running one of their miners?

https://asgmining.com/shop

46 TH @ 1185W miner with free shipping and only 0.45 BTC??

I'm not affiliated with them in any way, I'm just a home miner looking to make a few more burritos per day.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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NotFuzzyWarm
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March 01, 2019, 08:38:12 PM
Last edit: March 01, 2019, 09:56:14 PM by NotFuzzyWarm
Merited by suchmoon (4), HagssFIN (1), frodocooper (1)
 #2

Never heard of them and I've been mining since 2014. Given the specs and pricing I would be HIGHLY suspect that they are a scam.

For one, why does their "About Us" page make statements about the company being Certified for Welding Processes which is only needed for Marine, Aerospace, vehicle, buildings, etc., structural assemblies? Hardly something an electronics company would have. Then there is that link to a very fake feeling 'review' naming them along with REAL miner makers...

They rate right up there with a certain 'miner' company that traces to a Lingerie manufacturer in Bulgaria...

edit: after a little checking - I am calling it a DEFINITE SCAM!

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
How a miner mfgr SHOULD operate:  HagssFIN trip to Canaan
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
BitMaxz
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March 01, 2019, 08:50:19 PM
Last edit: March 02, 2019, 12:17:37 AM by frodocooper
Merited by HagssFIN (1), frodocooper (1)
 #3

Me too I haven't heard it either it seems pretty new site.

As per check, I found that the site is created last January.



I don't find any reviews about this site so I think better to stay away on this site because the site is lier look at the footer "© ASG MINING  2016-2019."

NotFuzzyWarm
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March 01, 2019, 09:03:21 PM
Last edit: March 01, 2019, 09:53:49 PM by NotFuzzyWarm
Merited by HagssFIN (1), frodocooper (1)
 #4

Sooo they are supposed to be headquartered in Sweden and yet are registered through a Russian Domain company? Riiiight....  Huh
The company name on the certs point to a services company: here is said company's fields of expertise: https://www.asg.hu/EN/field_of_activity.php -- building machines , mobile cranes, marine pontoons, etc.
Not miners.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
How a miner mfgr SHOULD operate:  HagssFIN trip to Canaan
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
tmfp
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March 01, 2019, 09:58:01 PM
Last edit: March 02, 2019, 12:22:17 AM by frodocooper
Merited by suchmoon (9), NotFuzzyWarm (2), HagssFIN (1), frodocooper (1)
 #5

If you cast your mind back to the middle of last year, you may recall this scam accusation thread regarding ASGARD miners, which ended with their disappearance in a flurry of deletions.

Well, they're back, ASGARD = ASG......  Roll Eyes

From the ASGARD thread

Aaah "Stefan", Head of PR Department.
Good looking young man from his picture.
Unfortunately they removed it as well as "Josef Head of Sales" photograph. Maybe they read my post about him not really being "Josef Head of Sales" but a chap from Odessa called Roman, on the Valet.ru. site, before they deleted it.
But actually, they didn't quite delete "Stefan", 'cos if you look closely at the Jivo window there's a thumbnail of him, which searches back to... Valet.ru.

https://i.imgur.com/kb1yOd6.png

Now pop over to the new ASG website, https://asgmining.com/about_us.
There to welcome you is.... Stefan.
And, in the background, you'll see the email addys of his previous ASGARD cohorts, Josef and Alexey.
He's grown a beard and put on weight: not really, ASG have just nicked a different stock pic from VK.com.


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yianni
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March 02, 2019, 06:51:49 PM
Merited by frodocooper (2)
 #6

On top of everything else the building they claim is their office is a Regus office space rental, and it's a 6 floor building, out of which only the first 4 are offices/restaurant ... they are supposed to be on the 8th.
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March 02, 2019, 08:24:54 PM
Last edit: March 05, 2019, 12:50:06 AM by frodocooper
 #7

On top of everything else the building they claim is their office is a Regus office space rental, and it's a 6 floor building, out of which only the first 4 are offices/restaurant ... they are supposed to be on the 8th.

Literally on top of everything else then, including the roof.

A strange thing I found when looking at their site under "News"....an item headlined

ASG MINING is included in the list of eleven key companies producing miners worldwide.

This links via "read more" to a report grandly titled "Global Bitcoin Miner Market Growth 2018-2023", which does indeed list ASG, along with

• Bitmain Technologies
• Canaan Creative
• Halong Mining
• BitFury Group
• ASICminer
• Russian Miner Coin
• Black Arrow
• Innosilicon
• Asg-Mining
• Zhejiang Ebang Communication
• Bittech

What exactly is going on there, I'm not sure.
I was going to have a look at the report, then found out it was $4660+ a pop, so I won't.

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yianni
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March 02, 2019, 09:07:40 PM
Last edit: March 05, 2019, 12:50:51 AM by frodocooper
Merited by frodocooper (1)
 #8

Saw that as well.  It is strange. On the other hand though asicminervalue.com still lists ASICminer as a trusted manufacturer.  I guess it all comes down to how much someone is willing to pay to be listed as a reliable manufacturer.
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March 02, 2019, 09:53:27 PM
 #9

This is just another bull shit for which we should not use our time...

Move on and go with legit manufacturers..

philipma1957
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March 02, 2019, 10:11:21 PM
Merited by frodocooper (1)
 #10

This is just another bull shit for which we should not use our time...

Move on and go with legit manufacturers..

should we ask for a demo Wink

3) Never invest more than you can afford to lose
2)Not your keys not your coins.
1) be like JJG just DCA
mikeywith
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March 03, 2019, 01:25:20 AM
 #11

  "46 TH @ 1185W"  = craig wright is satoshi.

you either believe both or disbelieve both.

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