Looking to buy a miner from TechnoBit.eu

[0bit]

This is a question to people who have had experience with buying things from technobit.eu. I want to make sure that the people I'm buying from will actually be able to deliver my miner in a timely fashion (I do live in North America, and I know they are based in Europe so shipping will probably take a while) and that miner I buy will actually come in working condition. So my question is, in your experience  is it a trustworthy website? I have seen lots of announcement threads for their miners on this forum, but I havn't seen many threads discussing as to whether the company is reputable or not. I'd like to be confident that the company is reputable before I buy anything from them.

P.S: I'm not sure if this is being posted in the right board or not. If there is another part of the website where this could be better answered please let me know.


Thanks

[1715537950]

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[dogie]

I can't see anything in the last gen on their site, what were you looking to buy? They've had more than mixed results in 2015.

[0bit]

I'm not (yet) too serious about Bitcoin mining, so I was looking at their TechnoBit DICE as a cheap miner to get. What kind of made me suspicious was the fact that I didn't see too many articles discussing the miner other than the announcement thread on this forum, and some of the requirements for the miner aren't listed on their website. For example, the type of power supply it requires isn't listed.

[sidehack]

I cannot in good conscience ever recommend someone buy a miner from Technobit. I don't know about other models' delivery reliability, but summer 2014 BlackArrow offered customers an option to convert X1 and X3 (which were by then months overdue) to ASICs instead of complete miners, and Technobit came back with a 4-chip board design which they offered to BlackArrow customers taking the chip conversion. I was supposed to receive two myself (via Minersource, whose reliability became fairly questionable around the same time) and about 40 for hosting customers; not a single one was ever delivered. I managed to get word out of Technobit about six months later stating that, for one of those customers, the miners had been shipped (only four months late) but had been lost by the carrier and Technobit was waiting for carrier insurance to get back to them before doing anything about it. The purchaser of these miners had not yet been told of this predicament, which leads me to believe it was an outright lie. My other hosting customer, I had no word at all why his machines disappeared. And I can name you others who spent upwards of $10,000 on Minion boards from Technobit without receiving a single one (or, at best, a handful of nonfunctional boards).

I have very little direct experience myself with Technobit (they did buy some cables off me once, and paid promptly, but that's certainly different than me purchasing from them) but most of what I gather from others about Technobit is they can't really be trusted to deliver more than about half the orders placed with them, and that not necessarily on time.

[J4bberwock]

This is a question to people who have had experience with buying things from technobit.eu. I want to make sure that the people I'm buying from will actually be able to deliver my miner in a timely fashion (I do live in North America, and I know they are based in Europe so shipping will probably take a while) and that miner I buy will actually come in working condition. So my question is, in your experience  is it a trustworthy website? I have seen lots of announcement threads for their miners on this forum, but I havn't seen many threads discussing as to whether the company is reputable or not. I'd like to be confident that the company is reputable before I buy anything from them.

P.S: I'm not sure if this is being posted in the right board or not. If there is another part of the website where this could be better answered please let me know.


Thanks

Don't buy anything from Technobit directly.
The site is up, you can even pay by bank transfer, but there is close to zero chance you'll receive anything.
If you want a small miner to see how it works and not loose too much money (maybe even recoup your investment), your best bet is to buy a compac made by sidehack and also manufactured in Europe (look in the group buy threads).

Second hand S3/S5 are overpriced (soon unprofitable for the S3), older gen are costing you money to run.

Even putting thousands or $/€ in antminers S7 or Avalon 6 won't allow you a much better chance of return on investment, and the initial money needed is over 1000$.

[Unacceptable]

This is a question to people who have had experience with buying things from technobit.eu. I want to make sure that the people I'm buying from will actually be able to deliver my miner in a timely fashion (I do live in North America, and I know they are based in Europe so shipping will probably take a while) and that miner I buy will actually come in working condition. So my question is, in your experience  is it a trustworthy website? I have seen lots of announcement threads for their miners on this forum, but I havn't seen many threads discussing as to whether the company is reputable or not. I'd like to be confident that the company is reputable before I buy anything from them.

P.S: I'm not sure if this is being posted in the right board or not. If there is another part of the website where this could be better answered please let me know.


Thanks

Don't buy anything from Technobit directly.
The site is up, you can even pay by bank transfer, but there is close to zero chance you'll receive anything.
If you want a small miner to see how it works and not loose too much money (maybe even recoup your investment), your best bet is to buy a compac made by sidehack and also manufactured in Europe (look in the group buy threads).

Second hand S3/S5 are overpriced (soon unprofitable for the S3), older gen are costing you money to run.

Even putting thousands or $/€ in antminers S7 or Avalon 6 won't allow you a much better chance of return on investment, and the initial money needed is over 1000$.

+1000  Do not buy from Technobit,you will not get anything you order...ever!!!! 


Here is the groupbuy section & threads mentioned by J4bberwock :

https://bitcointalk.org/index.php?board=137.0

And this is sidehacks sales thread:

https://bitcointalk.org/index.php?topic=1126705.0