androyster (OP)
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June 16, 2021, 09:14:50 PM Last edit: June 16, 2021, 11:38:54 PM by androyster |
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I put myself on a waiting list for the Linzhi etherium miner and last week an email came through from info@linzhi-miner.co saying that they are in stock. I paid $3,762.25 in BTC for the machine and freight. Now I discover that this company is a fraud and non of the links work and the emails get bounced as delivery status failure. This really hurts to lose this BTC. How in the world can we ever trust ANY company to buy a machine from China if all of them are frauds? [Order #421] (June 9, 2021) Product Quantity Price Linzhi Phoenix 2600 Mh/s 4/8 GB Batch 3 Select Version: 8 G Batch 3 - In stock 1 $3,651.00 Subtotal: $3,651.00 Shipping: $111.25 via UPS WorldWide Express 4-7 Business Days Payment method: Cryptocurrency BTC & ETH Only Total: $3,762.25 Hard lessons learned I guess. Oh, the address I sent the BTC to is: bc1qrt25xfa6euy75eapuessk5ygafnjga5w0hu5cq (what a bunch of aholes)
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miner29
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June 17, 2021, 12:39:12 PM |
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So wait….you thought a 21 day ROI was legitimate? Really.
Im sorry for your loss but your greed has led you into this situation.
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sxemini
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June 17, 2021, 02:19:17 PM |
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So wait….you thought a 21 day ROI was legitimate? Really.
yes i thought of that too Next time do some research before you buy something. When it is to cheap -> it is scam. Sorry for your loss. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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androyster (OP)
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June 17, 2021, 02:25:36 PM |
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21 days? NO. They won't change it until at least DEC or Jan 2022.
at the current price that's over 30K in profits. This isn't being "greedy". It's being smart if you can get your hands on one of these machines for less.
That was very rude to make such a comment by the OP.
Andy
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FP91G
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June 17, 2021, 03:10:03 PM |
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I followed their group in telegrams, and there was information that this ASIC will be able to mine Ethereum until a certain time in August or September 2021, because they have limited memory for DAG. I left this group because the manufacturer decided not to sell these ASICs. Before making a prepayment, it is better to check the information in official sources.
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androyster (OP)
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June 17, 2021, 03:14:47 PM |
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I followed their group in telegrams, and there was information that this ASIC will be able to mine Ethereum until a certain time in August or September 2021, because they have limited memory for DAG. I left this group because the manufacturer decided not to sell these ASICs. Before making a prepayment, it is better to check the information in official sources.
That was with the 4k machines. What I thought I was ordering was an 8k machine which they were talking about extending the mining time. Also, I gave the real factory my email address and asked them to notify me if a machine came available on the next run. You are absolutely correct. I was STUPID not to check with the factory first before buying. But then again, their own web page SUCKS so it's really hard to tell what's really going on with these machines. I hell, I didn't even roll the dice. I just tossed them in the trash with this stupid move.
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FP91G
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June 17, 2021, 03:31:36 PM |
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Asic LINZHI 2600 Mh/s This is a topic about this ASIC, read the official information before buying in the telegram group. https://bitcointalk.org/index.php?topic=5301852.0Official site https://linzhi.io/This looks like another of the scam sites https://linzhi.cn.com/
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miner29
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June 17, 2021, 06:33:51 PM |
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21 days? NO. They won't change it until at least DEC or Jan 2022.
at the current price that's over 30K in profits. This isn't being "greedy". It's being smart if you can get your hands on one of these machines for less.
That was very rude to make such a comment by the OP.
Andy
Im sorry for your loss because your desire for quick profit blinded you to the obvious scam this was. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Bitcoin_Arena
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June 17, 2021, 11:52:50 PM |
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Ouch! That hurts linzhi.io is one of the sites with a high number of impersonators. Not sure why, but maybe because they haven't set up an official shop yet as per their website. Sites like https://linzhi.cn.com/ are scam as pointed out by @FP91G The official email address of linzhi.io is sales@linzhi.ioOther contact channels 1. Telegram - https://t.me/LinzhiCorp2. Twitter - https://twitter.com/LinzhiCorp
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philipma1957
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June 18, 2021, 02:08:21 AM |
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At op I feel for your loss.
A 4k mistake is a bitch.
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7deadlyBTCIN
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It hurts that you find your way here after throwing your money away, it would have been a different story if you ask first on this platform before sending your hard-earned money, many keeps making this mistakes over and over and I don't know why, I've never buy an ASIC before but I know that there is an official website for every ASIC and they can be bought through popular online stores as well e.g Amazon
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arielbit
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here's a tip, just reserve a browser tab for bitcointalk "> Alternate cryptocurrencies > Mining" people hang out and talk here, you'll learn from other people's mistake and you'll learn to not make mistakes.
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Bitcoin_Arena
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June 18, 2021, 10:22:23 PM |
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It hurts that you find your way here after throwing your money away, it would have been a different story if you ask first on this platform before sending your hard-earned money, many keeps making this mistakes over and over and I don't know why, I've never buy an ASIC before but I know that there is an official website for every ASIC and they can be bought through popular online stores as well e.g Amazon
Exactly! This is what I always feel people should get accustomed to doing. If one is not sure about a service, website or mining gear. It's no crime coming around the forum to ask. In a community like this, Someone always knows something. It's far better than getting scammed and then looking up the forum to report your problem because you will have already lost the money. Make no mistake, this warnings are good but "prevention is better than cure" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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FP91G
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It is best to ask for advice before investing, but for some reason no one does it. This is the most important question. I wrote above a link to only 1 fraudulent site, but how many such sites will appear on the Internet in the coming months? Mining is profitable now, and newbies don't often ask questions. As a rule, such questions about buying equipment with a payback of less than 1 month cause a lot of ridicule and negativity, but it's still better than losing money.
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philipma1957
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June 19, 2021, 09:03:56 PM |
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It is best to ask for advice before investing, but for some reason no one does it. This is the most important question. I wrote above a link to only 1 fraudulent site, but how many such sites will appear on the Internet in the coming months? Mining is profitable now, and newbies don't often ask questions. As a rule, such questions about buying equipment with a payback of less than 1 month cause a lot of ridicule and negativity, but it's still better than losing money.
Bitmain supposedly built a god like LTC/DOGE miner the L7 L7 does 9500mh at 3450 watts cost new maybe 15000 L3+ does 500mh at 800 watts cost used maybe 800 Someone will make a site selling l7 for a better price say 7777.77 Some fool will buy it. To all be careful ask questions do research.
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yxt
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you ordered at a scam site... Why not do a 5min search in the forum before sending money ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
at the current price that's over 30K in profits. This isn't being "greedy". It's being smart if you can get your hands on one of these machines for less.
That was very rude to make such a comment by the OP.
That is stupid, not smart. Why should anybody sell so cheap without a reason?
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BTC | Kano Pool | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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philipma1957
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June 20, 2021, 12:43:35 PM |
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you ordered at a scam site... Why not do a 5min search in the forum before sending money ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
at the current price that's over 30K in profits. This isn't being "greedy". It's being smart if you can get your hands on one of these machines for less.
That was very rude to make such a comment by the OP.
That is stupid, not smart. Why should anybody sell so cheap without a reason? That is stupid, not smart. Why should anybody sell so cheap without a reason? this can not be stressed enough common sense is this: A mass seller will not undercut the market 80% That gear should be over $15000 if it was an 8gb model I would pay that, but I would never think to buy it for 4000 from a guy saying he will sell lots of them. Since I know it should sell for more than 15K
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FP91G
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June 20, 2021, 03:53:43 PM |
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...
How does your ASIC work? Is your ASIC limited in memory or do you have the option to increase your memory to continue mining Ethereum in September? Will these ASICs be sold on the market, or has the company decided not to sell this equipment? Is it possible to mine Ethereum Classic on this ASIC?
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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yxt
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July 05, 2021, 11:17:57 AM Last edit: July 05, 2021, 02:15:17 PM by yxt |
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How does your ASIC work? Is your ASIC limited in memory or do you have the option to increase your memory to continue mining Ethereum in September? Will these ASICs be sold on the market, or has the company decided not to sell this equipment? Is it possible to mine Ethereum Classic on this ASIC?
Work very well, but unfortunately it belong still to Linzhi, I just help them with some FW testing etc Memory is limited and can't be increase, as it is inside the chip. But Linzhi is working on a successor with more memory Don't know 100% myself. Seems the biggest problem is chip-supply these days. I assume they work with the existing "evaluation customers" first, than open more and more. But that's just my guess yes, its possible to mine ETC, ETH, QKC CLO, EXP, ETP should also work, but testing was some time ago. Ubiq is work in progress
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BTC | Kano Pool | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
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philipma1957
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July 05, 2021, 02:05:29 PM |
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Work very well, but unfortunately it belong still to Linzhi, I just help them with some FW testing etc Memory is limited and can't be increase, as it is inside the chip. But Linzhi is working on a successor with more memory Don't know 100% myself. Seems the biggest problem is chip-supply these days. I assume they work with the existing "evaluation customers" first, than open more and more. But that's just my guess
yes, its possible to mine ETC, ETH, QKC CLO, EXP, ETP should also work, but testing was some time ago. Ubiq is work in progress
If you ever get access to a 8gb model let me know.
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