[Cancelled] AntMiner L1 for sales $5/MH/s ships in December

[suchmoon]

Wow!

Such Surprise!

Many Yawn!  etc...

(spoiler - S5 will be shit or a similar waste of time/coNpensation OFFER{good luck actually getting it, mines taken >6 months to still not materialize})

So you can take the refund + 5%. Did you even order the L1?

[Xircom]

They lost some RD people... look at the homepage, they are looking for 2 new guys, and then they have to realize that making scrypt ASICS are much harder than making sha256 miners...

[Xircom]

And or, they are just doing a Zeus turn for their own mining farm...

[mullvads]

I heard they sold them to GAW

[Bananana]

Hopefully bitmaintech come out with something really soon, I believe the deliver date is december 15 right?

[Xircom]

Haloooo... didnt yo get it. Production of the L1 is halted and will Not be send....

[suchmoon]

I heard they sold them to GAW

Unlikely. GAW is getting out of mining.

[suchmoon]

Hopefully bitmaintech come out with something really soon, I believe the deliver date is december 15 right?

You heard wrong. L1 is cancelled, wait for an e-mail to choose your refund options.

[jackbox]

I heard they sold them to GAW

Unlikely. GAW is getting out of mining.

LOL. GAW never mined anything except BTC from the pockets of its members.

[Bananana]

Hopefully bitmaintech come out with something really soon, I believe the deliver date is december 15 right?

You heard wrong. L1 is cancelled, wait for an e-mail to choose your refund options.

Where did you see that info? Can you please give me the link to the news?

[jackbox]

Hopefully bitmaintech come out with something really soon, I believe the deliver date is december 15 right?

You heard wrong. L1 is cancelled, wait for an e-mail to choose your refund options.

Where did you see that info? Can you please give me the link to the news?

In this thread posted by Bitmain.

https://bitcointalk.org/index.php?topic=768004.msg9885242#msg9885242

[dogie]

(spoiler - S5 will be shit or a similar waste of time/coNpensation OFFER{good luck actually getting it, mines taken >6 months to still not materialize})

Then choose the BTC option!

[dogie]

They lost some RD people... look at the homepage, they are looking for 2 new guys, and then they have to realize that making scrypt ASICS are much harder than making sha256 miners...

There is more than one reason to hire. Bitmain has the latest team in the industry.

[dogie]

So sad 

Can we have more information about the S5 option please??!!  It sounds exciting but there is no published info, specs, or pricing so its hard to know what to do.

I really hope that Bitmaintech is being truthful here and not building L1s to just sell out to a large customer.  Was really looking forward to seeing what Bitmaintech could do in Scrypt. 

More information on S5 very soon.

[sk8erskid420]

Just figured I'd put in my 2 cents here.

First off, I'd like to say that I am one that preordered. Although it does suck that they decided to cancel the L1, I think it's better then trying to rush an inferior product to market. I'm not saying that L1 would have been inferior, I mean to say that it probably would have been plagued with stability issues, power issues, connection issue, whatever.

A good example would be the Titan. Now I know many people are happy with their Titan purchase, and that they would defend it, but just as many people, if not more, just are fed up with trying to get them running.

From my experience with Bitmain, their products usually have minimal amount of issues in comparison with any other company. Yes the first batch S4's had issues with power, but that's an easy fix really. If bitmain wasn't able to create and support a solid chip with supporting PCB's to power them, then I believe that it was a better idea for them to cancel.

Personally I love it if they would continue R&D as I trust that given another month or 2, they could have created a superior chip. But just imagine if they would have said "We're gonna delays shipment guys, We are now just like everyone else in this business!" Instead they manned up and admitted they can't deliver, and in my opinion, the refund options they have given are fair, as they are offering more then what we paid. Not much for the timeframe of the preorder, but still more.

I believe though that in the future, should they have one, they should stick to their original claims of not being a pre-order company. It has given them a lot of business and why would you want to break the trust of your clients. Trust is everything. Also, I believe they need to be more active with the community. We hardly ever hear from them, Small updates and announcements really go a long way.

This is just my opinions, feel free to contribute in anyway you want, because I know you all will

[dogie]

I believe though that in the future, should they have one, they should stick to their original claims of not being a pre-order company

I don't believe they will do a preorder again, not if I can help it.

[eightcylinders]

More information on S5 very soon.

Waiting for Godot...

Would love to see something new from Bitmain, but hard to make a decision here with no info...

[cloverme]

I believe though that in the future, should they have one, they should stick to their original claims of not being a pre-order company

I don't believe they will do a preorder again, not if I can help it.

Agreed, even though they have an excellent history of delivering a good product at a good price, pre-ordering is awful in general with lots of bad actors.

[Sandhog]

Just figured I'd put in my 2 cents here.

First off, I'd like to say that I am one that preordered. Although it does suck that they decided to cancel the L1, I think it's better then trying to rush an inferior product to market. I'm not saying that L1 would have been inferior, I mean to say that it probably would have been plagued with stability issues, power issues, connection issue, whatever.

A good example would be the Titan. Now I know many people are happy with their Titan purchase, and that they would defend it, but just as many people, if not more, just are fed up with trying to get them running.

From my experience with Bitmain, their products usually have minimal amount of issues in comparison with any other company. Yes the first batch S4's had issues with power, but that's an easy fix really. If bitmain wasn't able to create and support a solid chip with supporting PCB's to power them, then I believe that it was a better idea for them to cancel.

Personally I love it if they would continue R&D as I trust that given another month or 2, they could have created a superior chip. But just imagine if they would have said "We're gonna delays shipment guys, We are now just like everyone else in this business!" Instead they manned up and admitted they can't deliver, and in my opinion, the refund options they have given are fair, as they are offering more then what we paid. Not much for the timeframe of the preorder, but still more.

I believe though that in the future, should they have one, they should stick to their original claims of not being a pre-order company. It has given them a lot of business and why would you want to break the trust of your clients. Trust is everything. Also, I believe they need to be more active with the community. We hardly ever hear from them, Small updates and announcements really go a long way.

This is just my opinions, feel free to contribute in anyway you want, because I know you all will

I concurred. At least Bitmain offered full refund with 5 to 10% bonus. How many manufacturers of mining hardware have done that? IMHO Bitmain is the best manufacturer of mining hardware.

[dogie]

Just figured I'd put in my 2 cents here.

First off, I'd like to say that I am one that preordered. Although it does suck that they decided to cancel the L1, I think it's better then trying to rush an inferior product to market. I'm not saying that L1 would have been inferior, I mean to say that it probably would have been plagued with stability issues, power issues, connection issue, whatever.

A good example would be the Titan. Now I know many people are happy with their Titan purchase, and that they would defend it, but just as many people, if not more, just are fed up with trying to get them running.

From my experience with Bitmain, their products usually have minimal amount of issues in comparison with any other company. Yes the first batch S4's had issues with power, but that's an easy fix really. If bitmain wasn't able to create and support a solid chip with supporting PCB's to power them, then I believe that it was a better idea for them to cancel.

Personally I love it if they would continue R&D as I trust that given another month or 2, they could have created a superior chip. But just imagine if they would have said "We're gonna delays shipment guys, We are now just like everyone else in this business!" Instead they manned up and admitted they can't deliver, and in my opinion, the refund options they have given are fair, as they are offering more then what we paid. Not much for the timeframe of the preorder, but still more.

I believe though that in the future, should they have one, they should stick to their original claims of not being a pre-order company. It has given them a lot of business and why would you want to break the trust of your clients. Trust is everything. Also, I believe they need to be more active with the community. We hardly ever hear from them, Small updates and announcements really go a long way.

This is just my opinions, feel free to contribute in anyway you want, because I know you all will

I concurred. At least Bitmain offered full refund with 5 to 10% bonus. How many manufacturers of mining hardware have done that? IMHO Bitmain is the best manufacturer of mining hardware.

And $ locked in a ~35% bitcoin price reduction!