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Author Topic: Anyone used of hear of minerslab.com?  (Read 26704 times)
ChineseSavior (OP)
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December 05, 2014, 06:58:44 AM
 #1

https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/

claiming 10ths no word on psu or anything... Looks promising but spotty also
Gleb Gamow
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December 05, 2014, 07:13:52 AM
 #2

https://www.minerslab.com/product/smart-miner-2-se-10ths-rack-mount-bitcoin-miner/

claiming 10ths no word on psu or anything... Looks promising but spotty also

It's a scam!

https://twitter.com/MinersLab
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December 05, 2014, 07:17:30 AM
 #3


EDIT: To be clear, it's a 100% scam!
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December 05, 2014, 07:21:16 AM
 #4

My advise, do not buy hardware from unknown company.
Read hardware thread to find legit company that had good reputation like bitmain, spondoliestech, technobit.
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December 05, 2014, 07:28:50 AM
 #5

Quote
Q. Can I visit your office, data center or manufacturing facilities?
A. Earlier visits were possible by preliminary coordination for some of our wholesale customers. However after several cases of industrial espionage we decided to prohibit personal visits.

Obvious sign of a scam!
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December 05, 2014, 07:32:18 AM
 #6

From their ToS:

https://www.google.com/search?rlz=1C1CHFX_enUS549US549&q=%22+If+payment+is+not+received+within+the+time+that+is+customary+for+the+used+manner%22&oq=%22+If+payment+is+not+received+within+the+time+that+is+customary+for+the+used+manner%22&gs_l=serp.3...50619.51089.0.51522.2.2.0.0.0.0.69.137.2.2.0.eprnk%2Cekomodo%3Dtrue...0...1.1j2.58.serp..2.0.0.lSbVVMzYBLQ

Ergo, a scam!
Gleb Gamow
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December 05, 2014, 07:34:12 AM
 #7

More from their ToS:

https://www.google.com/search?rlz=1C1CHFX_enUS549US549&q=%22Our+maximum+liability+to+you+under+the+contract+shall+be+twice+the+value+of+the+goods+that%22&oq=%22Our+maximum+liability+to+you+under+the+contract+shall+be+twice+the+value+of+the+goods+that%22&gs_l=serp.3...21549.24236.0.24557.3.3.0.0.0.0.73.191.3.3.0.eprnk%2Cekomodo%3Dtrue...0...1.1.58.serp..3.0.0.gsqZmeuiuSY

Now, it's 1,000% labeled as a scam!
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December 05, 2014, 07:52:30 AM
Last edit: December 05, 2014, 08:07:17 AM by Gleb Gamow
 #8

https://www.facebook.com/MinersLab

I say Jeff Ownby is behind this site. The first article of of BFL's game show. The third is about Satoshi Forest.

10,000% it's a scam!
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December 05, 2014, 08:14:18 AM
 #9

http://virtualmining.com/minerslab-ltd-launches-their-newest-and-most-profitable-cryptocurrency-miners-for-bitcoin-litecoin-and-other-altcoins/

Quote
“Let’s be clear about one thing,” says Chris Ferguson, Head Manager of MinersLab. “This is not a get-rich-quick scheme. It isn’t easy to get wealthy mining Bitcoin, Litecoin or any other cryptocurrency. But it can be enormously profitable – if you have the right tools.”

I wonder if Doyle Brunson is their CFO.

Let's be clear! One can't get rich mining for gold in the desert, but if you have the right tools, it can be enormously profitable, ergo one can become rich.

I love companies that talk outta their ass.

Did I mention this is a scam?
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December 05, 2014, 04:45:12 PM
 #10

I found this company this week when looking for a scrypt miner. In monday I will be in a business trip in UK for a few days, so I can try to schedule an appointment. If they are real, I think it will be possible. So, let's see  Smiley

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December 06, 2014, 04:35:57 PM
 #11

gusti, I'm visiting my sister in uk right now and will be there during the next week. we can cooperate to take a ride together. Check your PM

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December 06, 2014, 09:40:14 PM
 #12

http://virtualmining.com/minerslab-ltd-launches-their-newest-and-most-profitable-cryptocurrency-miners-for-bitcoin-litecoin-and-other-altcoins/

Quote
“Let’s be clear about one thing,” says Chris Ferguson, Head Manager of MinersLab. “This is not a get-rich-quick scheme. It isn’t easy to get wealthy mining Bitcoin, Litecoin or any other cryptocurrency. But it can be enormously profitable – if you have the right tools.”

I wonder if Doyle Brunson is their CFO.

Let's be clear! One can't get rich mining for gold in the desert, but if you have the right tools, it can be enormously profitable, ergo one can become rich.

I love companies that talk outta their ass.

Did I mention this is a scam?

He didn't say you can't get rich doing it, just that it's not easy. You have to have the right tools - like heartlessness, opportunism and (optionally, if you don't like being in jail) access to industrial fabrication infrastructure on the discount.

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ChineseSavior (OP)
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December 06, 2014, 11:34:53 PM
 #13

shady thred burn it
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December 07, 2014, 11:00:10 PM
 #14

gusti, I'm visiting my sister in uk right now and will be there during the next week. we can cooperate to take a ride together. Check your PM
I have sent you a PM.
See you.

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December 08, 2014, 08:13:11 AM
 #15

Hashing Speed    10TH/s

Power Consumption 2100 Watts

presale for 2020?Smiley)))))))))
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December 08, 2014, 09:00:33 AM
Last edit: December 08, 2014, 09:17:56 AM by Biffa
 #16

MinersLab Ltd.
7 High St.
Andover,
Hampshire SP10 1LJ
United Kingdom




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December 08, 2014, 09:08:24 AM
 #17

I just wanted to punch holes in their FAQs


Quote
Q. Do you accept PayPal or Credit Cards?
A. No. These methods were available earlier, unfortunatly we don’t accept PayPal or Credit Cards anymore due to frequently occurring fraud practices.

But they haven't physically sold any products yet.

Quote
Q. Can I pay cash in your office?
A. Due to security policies and our confidentiality policy we cannot accept this method of payment.

A company that doesn't want to take your money?

Quote
Q. Can I visit your office, data center or manufacturing facilities?
A. Earlier visits were possible by preliminary coordination for some of our wholesale customers. However after several cases of industrial espionage we decided to prohibit personal visits.

So they don't keep confidential data locked up from visitors?

Quote
Q. Can you mark my order as “gift” at shipping or lower the price in documents, enclosed with the miner?
A. No, we cannot send the shipment as “gift”. But we can mark it as “spare parts” and lower the price or the order.

Jokes on you, it was spare parts.

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December 09, 2014, 11:17:29 AM
 #18

As planned, together with oureptsC we had a meeting with the Minerslab representative. First of all, many thanks to oureptsC and his sister for the welcome. It was really nice to meet you and I hope to see you again.

I was skeptical about this company, but it looks, this trip left a good impression. It was really difficult to arrange it, but we finally found a common ground. After many calls and conversations, I was able to convince that their will not loose anything after meeting with representative of Bitcointalk community. 
Well, after we met up with oureptsC I made a call to confirm our appointment. We agreed that their representative will meet us in a concerted place and we will go to test at least one of their miners. After meeting with Walter (ML's representative) we drove to another side of city. In the warehouse, we had ability to see the 10Th/s bitcoin miner in work. Unfortunately we had no ability for longer presentation, but it was enough for understanding that they have at least one miner, that works with its stated parameters.

I planned to buy at least one device but as Walter said, orders were closed one day before because one of their customers made a wholesale order and bought out all available miners, but the next batch is scheduled for January.

If you don't own the private keys, you don't own the coins.
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December 09, 2014, 11:30:28 AM
 #19

As planned, together with oureptsC we had a meeting with the Minerslab representative. First of all, many thanks to oureptsC and his sister for the welcome. It was really nice to meet you and I hope to see you again.

I was skeptical about this company, but it looks, this trip left a good impression. It was really difficult to arrange it, but we finally found a common ground. After many calls and conversations, I was able to convince that their will not loose anything after meeting with representative of Bitcointalk community.  
Well, after we met up with oureptsC I made a call to confirm our appointment. We agreed that their representative will meet us in a concerted place and we will go to test at least one of their miners. After meeting with Walter (ML's representative) we drove to another side of city. In the warehouse, we had ability to see the 10Th/s bitcoin miner in work. Unfortunately we had no ability for longer presentation, but it was enough for understanding that they have at least one miner, that works with its stated parameters.

I planned to buy at least one device but as Walter said, orders were closed one day before because one of their customers made a wholesale order and bought out all available miners, but the next batch is scheduled for January.


Pics or it never happened. Pics of you, the miner, the hashrate or its just bogus. Did it look like the one on the web site where the heatsinks are all positioned in the wrong direction to catch any airflow?  Roll Eyes

Not to cast aspersions, but your account activity is might strange, you were a huge poster up until June, then nothing till October, then all of a sudden you are all over this sham/scam company validating it all of a sudden. oureptsC is the same, posting regularly up till June and then nothing till November when he weighs in here to back you up. Smacks of bought accounts, not saying that you are, but its mighty suspicious.  Undecided

"Convenient" that they sold the last of their "stock" one day before you arrived Roll Eyes

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December 09, 2014, 11:35:25 AM
 #20

Funny how a company who has an About Us page that says:

Quote
It’s been two years since MinersLab founders decided to create their own cryptocurrency miners. During this time our group of young and ambitious enthusiasts has evolved into a company of like-minded persons, which has attracted experienced top-notch specialists in development of equipment, engineering and management.
At the beginning of 2014 we started a project of developing equipment for mining scrypt cryptocurrencies, which we plan to finish at the second half of 2014. Besides that we are simultaneously developing the second generation of Bitcoin miners. As compared to the first generation, which had a limited run, these miners will be available to a wide range of customers.

And yet the company has only been in existence for 6 months..

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