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Author Topic: Obelisk Tech Grin Asics  (Read 819 times)
minefarmbuy (OP)
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April 10, 2019, 03:33:35 AM
 #1

Obelisk Tech announced their GRN1 series asics today.

Three versions: Standard, mini, and immersion blades.

https://obelisk.tech

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nsummy
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April 10, 2019, 05:36:35 AM
 #2

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.
sxemini
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April 10, 2019, 06:12:33 AM
 #3

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.
lunobird
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April 10, 2019, 06:37:45 AM
 #4

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.

Go ahead and pre order from them. If dare you. I ordered two dcr1 and got severely rekt. Their miners are falling apart with falling heat sink. They have constant firmware updates bc their miners are so shit. These are the worst miners made. I had to pay full retail to swap over to sia chips and take on a bigger gamble to Roi which I probably won't. They are over a year late on deliverying their bricks to their customers.

Obelisk team is a big joke and make this space look very bad by rekting their customers investments.



Xazax310
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April 10, 2019, 12:10:04 PM
 #5

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.

Go ahead and pre order from them. If dare you. I ordered two dcr1 and got severely rekt. Their miners are falling apart with falling heat sink. They have constant firmware updates bc their miners are so shit. These are the worst miners made. I had to pay full retail to swap over to sia chips and take on a bigger gamble to Roi which I probably won't. They are over a year late on deliverying their bricks to their customers.

Obelisk team is a big joke and make this space look very bad by rekting their customers investments.





This, I was close to pre-ordering one of their SIA ASICs in 2017, but at $3500 pre-order(at the time) and no delivery date glad I didn't. Seeing how that how mess played out.

 I have to agree their GRIN model is a joke. Their initial offer was a pay 3000 for a 3k voucher? No incentives for pre-ordering besides "you get it first, maybe" meanwhile Innoslicion is making their own GRIN asic and as we saw with SIA they make better ASICs.
starkovblue
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April 10, 2019, 01:03:32 PM
 #6

This sale will close on May 3, 2019. Obelisk expects to ship orders in October 2019  Huh
I understand this is some kind of joke?
No one will buy from you to get in almost a year.

Crypto is a very unique industry, where the line between "deserves to be in jail" and "leading member of the community" is as thin as one-ply toilet paper.
Metroid
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April 10, 2019, 01:49:56 PM
 #7

Forget obelisk tech, in china they steal the tech and launch their product before the company that created it in the first place, siacoin is a good example.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
jadefalke
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April 10, 2019, 06:04:20 PM
 #8

that Bitmain does the same bollox, does not make this look better, investing in Grin ASIC is a huge Risk, there is basically no demand and huge emission. do your math.

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.
nsummy
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April 10, 2019, 11:14:25 PM
 #9

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.

Must be opposite day.  Please explain how Obelisk has been a success by any measure.  Bitmain does hand out coupons sometimes,  but I can't say I have ever seen them take a pre-order 7 months in advance, and then include a coupon for a future batch of the same miner (which hasn't even been built yet).
nc50lc
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April 11, 2019, 03:06:21 AM
 #10

Forget obelisk tech, in china they steal the tech and launch their product before the company that created it in the first place, siacoin is a good example.
Bitmain is based in China too.
Does this mean that they've stolen ASICMiner's tech to build the Antminers?  Lips sealed

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wheelz1200
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April 11, 2019, 03:23:36 AM
 #11

These guys are a joke.  For a group that pretends to want to bring transparency, their pricing structure is beyond convoluted and confusing.  They had a pre-sale, now another presale?  Plus a coupon for another batch?  Anyone that sends a dime to these guys get what they deserve.

You are a joke. These guys do there job very well.

Bitmain does the same, if you buy a miner, most time you get a coupon for the next batch or miner. So were is the problem? Sorry your post is stupid.

Preorders are the old way of doing it.  If people stop preordering then companies will stop offering it.  6 months away from a "maybe" delivery.  I cant believe people still buy preordered asics lel
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April 11, 2019, 08:42:47 AM
 #12

Do not trust Obelisk.
I am a victim of pre-order their DCR1. I had paid $1,599 for each pre-order DCR1 in 2018.1 , delay and delay, more than a year later,their products are still difficult to produce. Now their solution is buy-back each DCR1 with $300. Nothing send to me, and i lost $45,000.
They won't come to a good end.
Beyerd17
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April 11, 2019, 10:53:08 AM
 #13

Do not trust Obelisk.
I am a victim of pre-order their DCR1. I had paid $1,599 for each pre-order DCR1 in 2018.1 , delay and delay, more than a year later,their products are still difficult to produce. Now their solution is buy-back each DCR1 with $300. Nothing send to me, and i lost $45,000.
They won't come to a good end.

And all that from a newbie with a whopping 1 post here at bitcointalk. What proof have you got of your accusations? People need to back up their claims if anyone are to believe them.
yrk1957
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April 11, 2019, 02:48:17 PM
 #14

Do not trust Obelisk.
I am a victim of pre-order their DCR1. I had paid $1,599 for each pre-order DCR1 in 2018.1 , delay and delay, more than a year later,their products are still difficult to produce. Now their solution is buy-back each DCR1 with $300. Nothing send to me, and i lost $45,000.
They won't come to a good end.

And all that from a newbie with a whopping 1 post here at bitcointalk. What proof have you got of your accusations? People need to back up their claims if anyone are to believe them.

You are the newbie if you don’t how people got rekt by buying DCR1s.
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April 11, 2019, 04:09:49 PM
Last edit: April 11, 2019, 04:24:39 PM by abstractHaze
 #15

YOU buddy are completely out of your mind if you have no clue about sia and there snake poison ass coin. and their miners. OMFG.

"your shilling aren't you"

you can't be possibly the dumbest person ever, and even then you would know.

Every person here can tell you why this is snake
EVERY REAL PERSON.

no your trolling stupidly.
no one can be that fucking stupid.
THAT fucking stupid
fucking stupid.
stupid.
fucking stupid.

and if your not. wake up.

Stupid: having or showing a great lack of intelligence or common sense.

and that is exactly what the condition is here.
sorry if you take it personal. but stupid people here making others lose money needs to stop.
so im am gonna attack your blatant disregard for others cause your stupid.

Do not trust Obelisk.
I am a victim of pre-order their DCR1. I had paid $1,599 for each pre-order DCR1 in 2018.1 , delay and delay, more than a year later,their products are still difficult to produce. Now their solution is buy-back each DCR1 with $300. Nothing send to me, and i lost $45,000.
They won't come to a good end.

And all that from a newbie with a whopping 1 post here at bitcointalk. What proof have you got of your accusations? People need to back up their claims if anyone are to believe them.
frankzhou6
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April 12, 2019, 08:24:31 AM
 #16

Do not trust Obelisk.
I am a victim of pre-order their DCR1. I had paid $1,599 for each pre-order DCR1 in 2018.1 , delay and delay, more than a year later,their products are still difficult to produce. Now their solution is buy-back each DCR1 with $300. Nothing send to me, and i lost $45,000.
They won't come to a good end.

And all that from a newbie with a whopping 1 post here at bitcointalk. What proof have you got of your accusations? People need to back up their claims if anyone are to believe them.

All those who bought DCR1 were treated like this.
The pre-order info and the buy-back strategy can see in their website, i don't need to prove that.


NghtRppr
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April 12, 2019, 12:38:02 PM
 #17

Didn't Obelisk give all DCR1 buyers a credit for the amount of coins that they would have mined if Obelisk would have shipped on time, without factoring in the cost of power, essentially giving DCR1 buyers free electricity? The only thing that happened with the DCR1 is that profitability fell from other miners flooding the market. I'm not really sure how that is Obelisks fault because that would have happened regardless of Obelisk shipping on time or not. DCR1 buyers actually got a better deal from the delay because of the aforementioned free electricity.

Obelisk has faults. They don't communicate enough when there are delays and they are terrible at estimating times. They claim they have fixed their process. We will have to wait and see. But they are also very good to their customers compared to other companies. I was one of the few people that bought a $3,000 voucher for the GRN1 and they are giving me a miner that is currently priced at $10,000. I'm pretty happy with Obelisk at the moment.
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April 12, 2019, 05:09:39 PM
 #18

do you have no scope. do you not have a brain.

the company the coin, the whole fucking thing. is a joke. its not about the miners. it's about that it's going to 0. and everyone in at the end will be the fools.

and second.
theres billions of this shit. it's going no where. the price will only be pumped and dumped.
the technology has been proven to be absolute shit and doesn't cost effectively work.
the whole thing is a scam.
the whole story was OMG more hash better costs better coin. EVEN WITH THE ASICS there storage for data was an absolute joke and couldn't compete price wise with what amazon or any other service offers. they kicked off the asics and dumped there hash.. now the coin is straight trash..  

so you all can talk about the tech. but the problem is the coin itself and the tech is just that more tainted. END this shit now. burn it with fire.

Didn't Obelisk give all DCR1 buyers a credit for the amount of coins that they would have mined if Obelisk would have shipped on time, without factoring in the cost of power, essentially giving DCR1 buyers free electricity? The only thing that happened with the DCR1 is that profitability fell from other miners flooding the market. I'm not really sure how that is Obelisks fault because that would have happened regardless of Obelisk shipping on time or not. DCR1 buyers actually got a better deal from the delay because of the aforementioned free electricity.

Obelisk has faults. They don't communicate enough when there are delays and they are terrible at estimating times. They claim they have fixed their process. We will have to wait and see. But they are also very good to their customers compared to other companies. I was one of the few people that bought a $3,000 voucher for the GRN1 and they are giving me a miner that is currently priced at $10,000. I'm pretty happy with Obelisk at the moment.
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April 12, 2019, 07:42:15 PM
Last edit: April 12, 2019, 07:53:41 PM by lunobird
 #19

Pretty simple. Obelisk DCR was a good miner on pre order date. On actual delivery it was shit.

Same will happen for those that pre ordered a grin miner. Looks great now but on actual delivery it's a brick.

China will just make something faster and launch it sooner.

Never do pre orders with more than a 1 month delivery time. Your asking to get rekt. Your better off buying coins at all time high than to buy any miner with a 6+ month pre order.

I was an obelisk dcr1 victim and I didn't learn the lessons of those that pre ordered butterfly labs.

Even if you do get lucky and got the fastest miner on the planet by doing 6 month pre order your essentially promoting a very toxic business practice and you got a bad gambling habbit, this is what screwed people over with butterfly labs and made some leave crypto for good.  We don't need these bad business practices to come back.



nsummy
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April 12, 2019, 10:55:05 PM
 #20

Didn't Obelisk give all DCR1 buyers a credit for the amount of coins that they would have mined if Obelisk would have shipped on time, without factoring in the cost of power, essentially giving DCR1 buyers free electricity? The only thing that happened with the DCR1 is that profitability fell from other miners flooding the market. I'm not really sure how that is Obelisks fault because that would have happened regardless of Obelisk shipping on time or not. DCR1 buyers actually got a better deal from the delay because of the aforementioned free electricity.

Obelisk has faults. They don't communicate enough when there are delays and they are terrible at estimating times. They claim they have fixed their process. We will have to wait and see. But they are also very good to their customers compared to other companies. I was one of the few people that bought a $3,000 voucher for the GRN1 and they are giving me a miner that is currently priced at $10,000. I'm pretty happy with Obelisk at the moment.

Its my understanding that there are some people who still haven't received their DCR1s!  Part of the problem (which hasn't been mentioned much since Obelisk has scrubbed a lot of older posts) is that when people ordered they were told they could get a 100% refund if the miner didn't ship on time or if the specs deviated from what was advertised.  When it became obvious that nothing would ship on time, David Vorick then said that he misinterpreted the law and they weren't required to offer any refunds.  He then said that if they did issue refunds it would equal bankruptcy.  I mean I get it, not every business venture can deliver, but they should have folded the company.  instead they are selling more miners.  I don't think you will find any dcr1 buyer who says they got a better deal.  Even if the DCRs would have launched on time, they were already worthless.

Personally I think it was foolish for you to hand these charlatans $3k but if I were in your shoes I would hope for the best too!  I think the fact that they can sell a $10k miner for $3k just illustrates what type of ponzi scheme this is.  Furthermore I think the estimated specs were at 400w.  I realize the performance has increased significantly but at 2200w, God help you if you didn't want a noisy and hot machine!

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