Beware Linzhi Phoenix is a complete scam

[matsuarez]

The company is really a BIG SCAM
The company is really a big scam
I found out about this website through linzhi.io
for several days they had on their website the link of linzhi.cn.com
saying that that site was their store, the strange thing is that above they had an email from sales @linzhi.io
A few days later they no longer had the link to linzhi.cn.com on their supposed official website, they removed it and now they say Store: Coming soon

In my opinion, it is the same official company linzhi.io or some employee who is behind these waves of scams, it is likely that they did not have money to start mass production and in this way they have opted for fast and free Financing without having to return it

I lost 23k and now they send emails to encourage us to buy more machines but the machines do not exist, they will never arrive
they never send tracking number
They do not respond to any email or social network, they are on Telegran and they only say now that they have nothing created and to be careful with scams
But the scammers are themselves, the funny thing is that they respond here saying that we give tracking number or order, but they do not deliver anything after payment, there are no order number or tracking number because it is a scam, there are no machines

If one day the product comes out, hopefully they will give us a discount to the funders or scammed by them

[Bravehash]

The Linzhi phoenix miners are real but sales are not open I believe

Here is the real website info that I know of

https://linzhi.io

https://t.me/LinzhiCorp

https://t.me/LinzhiCorp_News


But I doubt that the miners will be out spread this time around, why wouldn't Linzhi keep the miners to themselves at start mining in this period? I'm sure that's what they would do

[BitKongy]

If there is any online websites offering this miner it's probably a scam because it's not ready yet, kinda private right now so it's unsafe to order for one, I'm sure the creator must be enjoying mining eth for themselves for now

[Metroid]

People has at moment more money than sense, so scams are all high time. You trolls never learn, do not buy asics.

[yxt]

That is total bullshit. You made a mistake, blaming them for it.

there was (seems offline now) a 1:1 copy of the real site, but with the link to the scammers shop


 showing línzhi.io in the browser, notice the fake character "i"

it was https://xn--lnzhi-zsa.io/ (<-- Scam site)

[philipma1957]

The company is really a BIG SCAM
The company is really a big scam
I found out about this website through linzhi.io
for several days they had on their website the link of linzhi.cn.com
saying that that site was their store, the strange thing is that above they had an email from sales @linzhi.io
A few days later they no longer had the link to linzhi.cn.com on their supposed official website, they removed it and now they say Store: Coming soon

In my opinion, it is the same official company linzhi.io or some employee who is behind these waves of scams, it is likely that they did not have money to start mass production and in this way they have opted for fast and free Financing without having to return it

I lost 23k and now they send emails to encourage us to buy more machines but the machines do not exist, they will never arrive
they never send tracking number
They do not respond to any email or social network, they are on Telegran and they only say now that they have nothing created and to be careful with scams
But the scammers are themselves, the funny thing is that they respond here saying that we give tracking number or order, but they do not deliver anything after payment, there are no order number or tracking number because it is a scam, there are no machines

If one day the product comes out, hopefully they will give us a discount to the funders or scammed by them

Sorry for your loss.

Unfortunately you seemed to have been duped by a scammer. I know it is a painful thing to lose 23k.

The actual company has clearly stated they are not selling the gear.
They have been stating this for months.

Most asic companies have been attacked by scammers that copy the website name and ask for coins.

Good luck in the future maybe you will get a better deal on some gear and actually be able to mine with it.

[FP91G]

I lost 23k and now they send emails to encourage us to buy more machines but the machines do not exist, they will never arrive
they never send tracking number

This company is not a scam.
Where was your mind when you thought they would sell you an ASIC that earns $ 270 per day for $ 23,000?
Thinking about a new sportcar?
You have not checked this information, have not asked for advice on the forum.
And after they lost money, they began to blame the Linzhi company for this.

[Bitcoin_Arena]

In my opinion, it is the same official company linzhi.io or some employee who is behind these waves of scams, it is likely that they did not have money to start mass production and in this way they have opted for fast and free Financing without having to return it

Linzhi.io is legit, you probably got scammed by a phishing site, there are a lot of them pretending to be selling mining gear. It doesn't mean Linzhi.io is responsible for that.
Next time keep your eyes wide open and your brain very alert before performing such transactions.

If in doubt, come around the forum and ask members if any service is legit or scam.

[xxcsu]

...just quoting myself.. from HERE

Posted this topic almost 3.5 years ago... There is the brand new, 2021 updated version

There is the Original Link for my topic from 2017 HERE

The same thing happening now what happened in (2016) 2017, ppl got crazy about mining, investing money into GPU's, ASIC's, hoping a big profit in a short time, GPU's, ASIC's price are crazy high, but really no one know what's coming in the future.

Lot of us know what happened in 2018, some of us was able to make a great profit with mining ( mostly those guys who started mining before crazy GPU prices ), and some of the unlucky ones come back to this forum and cried for they Money, said just bad things about mining ( mostly those guys who paid 3x, 4x, 5x price over a RX480/580 MSRP ( manufacturer's suggested retail price ).

Before you jumping into mining please do your own research, especially about ETH mining, check the roadmap for ETH development, make sure you know more than what mining calculators telling you. Learn about ETH2 , EIP 1559 , Mining Reward Reduction ... and if you are living in  the USA , make sure you know what this IRS letters are about : Letter 6163 , 6174 and 6174-A also ... Its a good thing to know about Tax Consequences
The big brother is watching you, and not just in the USA.

HAPPY MINING to all of you and good luck with your new adventure

Be Aware ! Scammers are Targeting You! Hackers are targeting You! You can be a victim of a phishing website !  Watch out !
Make sure You Buying gears from legit source ! Downloading program from legit source ! Make sure you have a hardware wallet !

Im sure we going to see a lot of "crying " ppl here as soon as Price going up , scammers , hackers getting into actions , and most of the victims going to be some of our community new members , our "Newbies"

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTIONS " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or don't bc you just wasting your money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not  
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...

! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !

[JayDDee]

I don't like it when people get scammed, particularly because I hate for the scammers to profit.
But it's hard to sympathize with someone who throws shit everywhere. Nail the scammers, but don't
slander other victims of the scam.