[ANN] 5TH/s Open for Sale.

[ChuckBuck]

Dunno.  I haven't seen it, I was just doing a little educated guessing.  Last year they sold a ton of preorders for this Poseidon 3 unit as they call it.  They got the money, but never shipped any units (or some tiny amount like 10).  Now here they are a few months later offering cloud mining with Poseidon 3 units.  I was just putting two and two together; when I asked them this, they vehemently denied ever taking preorders and not delivering, then when I pointed out that THEY THEMSELVES told us about it in the OP, they said they didn't mean for it to happen, "it just happened".

Selling a ton a pre-orders then not shipping anything doesn't give confidence. Right there in itself is a scam and should be clearly stated.
Posted from Bitcointa.lk - #z28KGuUbeA4hYWci

Well yes, that is why I mentioned it, so anyone who does business with this company knows exactly what kind of scumbags they are dealing with.  

Lol you sound so hypocritical.  First you say they're a legitimate business because they have a cloudmining operation then you say they're scumbags.  Make up your mind!  

[brian_23452]

Dunno.  I haven't seen it, I was just doing a little educated guessing.  Last year they sold a ton of preorders for this Poseidon 3 unit as they call it.  They got the money, but never shipped any units (or some tiny amount like 10).  Now here they are a few months later offering cloud mining with Poseidon 3 units.  I was just putting two and two together; when I asked them this, they vehemently denied ever taking preorders and not delivering, then when I pointed out that THEY THEMSELVES told us about it in the OP, they said they didn't mean for it to happen, "it just happened".

Selling a ton a pre-orders then not shipping anything doesn't give confidence. Right there in itself is a scam and should be clearly stated.
Posted from Bitcointa.lk - #z28KGuUbeA4hYWci

Well yes, that is why I mentioned it, so anyone who does business with this company knows exactly what kind of scumbags they are dealing with.  

Lol you sound so hypocritical.  First you say they're a legitimate business because they have a cloudmining operation then you say they're scumbags.  Make up your mind!  

I never said they were a legitimate business, and I have no idea what you read that gave you that impression.  What I said was that I personally do believe the miners are real, and that they stole them from their paying customers.  Not trying to get into an argument here but seriously, reread what I wrote, nothing I said was at all a positive endorsement 

[ChuckBuck]

Dunno.  I haven't seen it, I was just doing a little educated guessing.  Last year they sold a ton of preorders for this Poseidon 3 unit as they call it.  They got the money, but never shipped any units (or some tiny amount like 10).  Now here they are a few months later offering cloud mining with Poseidon 3 units.  I was just putting two and two together; when I asked them this, they vehemently denied ever taking preorders and not delivering, then when I pointed out that THEY THEMSELVES told us about it in the OP, they said they didn't mean for it to happen, "it just happened".

Selling a ton a pre-orders then not shipping anything doesn't give confidence. Right there in itself is a scam and should be clearly stated.
Posted from Bitcointa.lk - #z28KGuUbeA4hYWci

Well yes, that is why I mentioned it, so anyone who does business with this company knows exactly what kind of scumbags they are dealing with.  

Lol you sound so hypocritical.  First you say they're a legitimate business because they have a cloudmining operation then you say they're scumbags.  Make up your mind!  

I never said they were a legitimate business, and I have no idea what you read that gave you that impression.  What I said was that I personally do believe the miners are real, and that they stole them from their paying customers.  Not trying to get into an argument here but seriously, reread what I wrote, nothing I said was at all a positive endorsement 

Any one got a unit? Are these guys for real?

Also what date is June shipping?

If you ask if these guys are for real, you already know the answer to the question...

No, they're for real.  They do have a cloud mining operation.  Where do you think those 750+ units they sold but never delivered went?

Maybe you should re-read what you write before posting.   

[Biffa]

Not necessarily, they could just be using the BTC they accumulated to "pretend" to have a physical mine.

Until you see proof (video) of the equipment mining in a datacentre and the blockchain showing that the coins paid out were actually minted rather than just bought and sold, until then its just a sad ponzi scam.

[s1lverbox]

Not necessarily, they could just be using the BTC they accumulated to "pretend" to have a physical mine.

Until you see proof (video) of the equipment mining in a datacentre and the blockchain showing that the coins paid out were actually minted rather than just bought and sold, until then its just a sad ponzi scam.

^^^+1^^^

[d2dtk]

Dang that thing is huge but not bad for 5TH/s!

[BTCOlympus]

SALE! SALE! SALE!

[/color]

5TH/s BTC Olympus ZEUS - August Batch - Split* Payment: $3000
                                                        - Full Payment: $6000

3TH/s BTC Olympus Poseidon - August Batch: - Split* Payment: $1500
                                                              - Full Payment: $3000

Last units!


*split payment = you pay 50% up front and 50% after the unit arrives at your location.

[dquancey]

Your latest email is a bit naughty....

Subject: Poseidon 3Th/s Bitcoin miner amazing limited offer. Starting from $2500!

They don't start from $2500, they start from $5000

Prepay. 50% upfront.

Dogie did you get the equipment? Did you test it?

They promised a unit and then stopped replying soon after, so no testing.

Was there ever a batch 1 product?

Never seen any claim to have received one of these?

[Andyddr]

BTCOlympus is a scam.
No answers to email regarding my order. Promised I'd get my machine and a tracking number over a month ago, still nothing.
More emails and still no replies.

[RoadStress]

BTCOlympus is a scam.
No answers to email regarding my order. Promised I'd get my machine and a tracking number over a month ago, still nothing.
More emails and still no replies.

What a surprise!

[xhomerx10]

BTCOlympus is a scam.
No answers to email regarding my order. Promised I'd get my machine and a tracking number over a month ago, still nothing.
More emails and still no replies.

What a surprise!

 Yeah they had some serious issues with their specification claims from the get-go.  I asked a few questions of them and didn't get a warm fuzzy from their replies.

[s1lverbox]

BTCOlympus is a scam.
No answers to email regarding my order. Promised I'd get my machine and a tracking number over a month ago, still nothing.
More emails and still no replies.

What a surprise!

as usual when people saying it's scam, everyone looking different way.
But once scam hit someone- user is coming and shouting "its a scam, its a scam".

[xhomerx10]

BTCOlympus is a scam.
No answers to email regarding my order. Promised I'd get my machine and a tracking number over a month ago, still nothing.
More emails and still no replies.

What a surprise!

as usual when people saying it's scam, everyone looking different way.
But once scam hit someone- user is coming and shouting "its a scam, its a scam".

 I think people have been calling this one a scam right from the start.

[R-T-B]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

I tried the GPL-tactic on the Innosilicon group that made the A2 scrypt miner.  They never replied.  They think because they are in China, they are immune to the law of open source licensing.

...Sadly, they are probably right.

[-ck]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

EDIT: Withdrawn. Let's leave this thread to run its course since the scam aspect seems more relevant than my concerns about the software.

[dogie]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

I wouldn't do this, it only helps them. They're a likely scam and hiding the scam warnings will only serve to aid their actions.

[-ck]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

I wouldn't do this, it only helps them. They're a likely scam and hiding the scam warnings will only serve to aid their actions.

This is the first in a planned big clean up as a stance. Scam or not, they were the first to have their code requested.

[dogie]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

I wouldn't do this, it only helps them. They're a likely scam and hiding the scam warnings will only serve to aid their actions.

This is the first in a planned big clean up as a stance. Scam or not, they were the first to have their code requested.

As much as I support open source licenses, facilitating a scam ISN'T the way to go. Its actually a great mechanism for one to operate under.

1) Annouce preorders
2) Say running cgminer
3) Wait for the "release source code" message
4) Ignore it
5) Continue taking preorders
6) Don't deliver preorders
7) Thread and all others is taken down so no one can let others know you are a scam
Continue taking scam money.
9) Profit.

[-ck]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

I wouldn't do this, it only helps them. They're a likely scam and hiding the scam warnings will only serve to aid their actions.

This is the first in a planned big clean up as a stance. Scam or not, they were the first to have their code requested.

As much as I support open source licenses, facilitating a scam ISN'T the way to go. Its actually a great mechanism for one to operate under.

1) Annouce preorders
2) Say running cgminer
3) Wait for the "release source code" message
4) Ignore it
5) Continue taking preorders
6) Don't deliver preorders
7) Thread and all others is taken down so no one can let others know you are a scam
Continue taking scam money.
9) Profit.

I appreciate your concern and perhaps the answer is to lock the thread and allow unmoderated discussion only, or perhaps un self-moderate the thread?

[dogie]

Sounds great.

Since it appears you are using cgminer to run your hardware, please post the source code to the modifications you made to cgminer in accordance with the license you agreed to when you created and distributed a driver for your hardware based on cgminer.

As you have not responded I will take that as ignoring the license conditions despite being given a reasonable amount of time to respond, so therefore I will be requesting a DMCA takedown of your thread by the forum administration.

I wouldn't do this, it only helps them. They're a likely scam and hiding the scam warnings will only serve to aid their actions.

This is the first in a planned big clean up as a stance. Scam or not, they were the first to have their code requested.

As much as I support open source licenses, facilitating a scam ISN'T the way to go. Its actually a great mechanism for one to operate under.

1) Annouce preorders
2) Say running cgminer
3) Wait for the "release source code" message
4) Ignore it
5) Continue taking preorders
6) Don't deliver preorders
7) Thread and all others is taken down so no one can let others know you are a scam
Continue taking scam money.
9) Profit.

I appreciate your concern and perhaps the answer is to lock the thread and allow unmoderated discussion only, or perhaps un self-moderate the thread?

Probably a mix of everything. Maybe something like this:

• Strip them of thread ownership (and so self mod)
• Moderate their OP down slightly in terms of fonts to inhibit sales with a small explanation saying see 2nd post
• Add second post into a giant message saying "this company is in violation of GPL licenses *insert explanation here*

They can go back to normal if they fall in line, well, if they weren't a likely scam in the first place.