Let's take of the tint most are looking at this guy with. Healthy skepticism is good, but I don't think at this point we should be shitting on this guy any further. I explained a long time ago my reasoning as to why they may just be an unfortunate bystander in this. I for one can understand being defensive if I just bought something then heard it may not be what it seems, frustration and distrust can easily follow. I will also point out that if this had been a quick attempt at a scam they are putting in a lot of effort for a worthless account/reputation (in terms of rank/merit/activity and trust).
We've all made stupid mistakes before and this isn't the last case any of us will hear about someone buying vaporware. Whether it be before they see scam warnings, understand likely scams, or ignore warnings and get burned.
This is all I'll say on the matter here, as this is all off-topic for the board. Here is the topic Mikeywith created when they decided to tag vb2005. I suggest all further discussion around them and their reputation take place there, or in a thread of their creation. - If one is made I will update the link.
Topic: 40TH/80TH new Miners??? Swiss Miner (Read 2265 times)
I placed an order before i found this thread. When i placed and order there was no info anywhere about this miner or at least google found nothing.
And yet you placed an order?!
Or he was part of the scam in the first place. We will never know.
Could you please explain to me how exactly i was part of the scam?
After all the warnings I am shocked to see anyone actually went ahead with this.
The warnings were clear as day with this one.
People just don't learn in this space.
The warnings were clear as day with this one.
People just don't learn in this space.
I placed an order before i found this thread. When i placed and order there was no info anywhere about this miner or at least google found nothing.
He might not be a shill but still, the way he went in and ordered, although everybody here told him otherwise, is at least suspicious. I hope he has learned from it if indeed he wasn't part of it and just got scammed.
There is nothing suspicious - i never advised anyone to buy the miner - i even wrote this in bold text 2 times.
Or he was part of the scam in the first place. We will never know.
I was certain of it before I checked his post history, seems like the guy is pretty fast on trusting somebody just because they have a website and a bank account.
He might not be a shill but still, the way he went in and ordered, although everybody here told him otherwise, is at least suspicious. I hope he has learned from it if indeed he wasn't part of it and just got scammed.
Btw, their website site is getting "upgraded" for a few weeks right now.
After all the warnings I am shocked to see anyone actually went ahead with this.
The warnings were clear as day with this one.
People just don't learn in this space.
The warnings were clear as day with this one.
People just don't learn in this space.
Or he was part of the scam in the first place. We will never know.
After all the warnings I am shocked to see anyone actually went ahead with this.
The warnings were clear as day with this one.
People just don't learn in this space.
The warnings were clear as day with this one.
People just don't learn in this space.
@Vb2005
Everyone here tried to warn you, yet you went to the extent of defending those scammers when they were called out, i do feel sorry for your loss, the chances of you getting either the miner or your money are slim to nothing, i hope this serves as a lesson to you and everyone else who get to see this thread before losing their hard earned money.
Everyone here tried to warn you, yet you went to the extent of defending those scammers when they were called out, i do feel sorry for your loss, the chances of you getting either the miner or your money are slim to nothing, i hope this serves as a lesson to you and everyone else who get to see this thread before losing their hard earned money.
While there is a sucker born every minute...
I feel sympathy for him.
so vb2005
I will point my m10 at solo.ckpool
And if I hit a block in the next 24 hours I will toss some coin to you.
all I ask is you post a btc address for me to send you the coin if I hit the block.
here is the link to me
http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje
I have 4:37:07 pm Friday by me
So by 4:37:07 pm Sat by me your chance at a bailout ends.
I feel sympathy for him.
so vb2005
I will point my m10 at solo.ckpool
And if I hit a block in the next 24 hours I will toss some coin to you.
all I ask is you post a btc address for me to send you the coin if I hit the block.
here is the link to me
http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje
I have 4:37:07 pm Friday by me
So by 4:37:07 pm Sat by me your chance at a bailout ends.
This is a scam company that has stolen or is alleged to have stolen from someone.
@vb2005
sorry for the loss
Oh I did not hit a block so no bailout
http://solo.ckpool.org/users/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje
@vb2005
I don't know if I should feel sorry for you or not,
since few months ago you questioned me, Phil, and others who have said from the very beginning that this is a obvious scam.
But yeah, it sucks.
You obviously had this thing people call 'Fear Of Missing Out', FOMO.
Never buy a miner from some manufacturer who is not proven to be legit.
I don't know if I should feel sorry for you or not,
since few months ago you questioned me, Phil, and others who have said from the very beginning that this is a obvious scam.
But yeah, it sucks.
You obviously had this thing people call 'Fear Of Missing Out', FOMO.
Never buy a miner from some manufacturer who is not proven to be legit.
That sucks. It's an expensive lesson but you should have listened to the warnings and red flags that went up. If you didn't pay with crypto i would start trying to get your money back.
So i placed and order for shitminer M80 at January - when the due date came in Marth - they send an email that there will be delay 30 days in delivery, then again when the due date came they send another email this time for 60 days delay. There is still some hope for June but until now - no miner.
I guess if the miner exists at all they are now mining bitcoin with our money. Also the same amount in money invested in other miners in January is now doubled - so even if i get the miner - this was a big mistake or even some form of scam.
I guess if the miner exists at all they are now mining bitcoin with our money. Also the same amount in money invested in other miners in January is now doubled - so even if i get the miner - this was a big mistake or even some form of scam.
Not suspicious, everyone knows about the shared skills between lingerie designers and electrical engineers.
/s
/s
After those asics run out of their use maybe they DO become lingerie making materials.. who knows? lol
On a serious note, someone should dox them and flash it so they don't get to even try and scam anyone else again.
[...]
sorry bud,at this point i feel it's only fair that I tag you so newbies won't fall for this, you are apparently shilling these scammers, (intentionally or unintentionally ) while we don't have a solid proof YET , it's safe to assume that someone who is selling something that is too good to be true is most likely a scammer.
i will revise my decision once and IF the opposite is proven.
Yeah no I mean they actually built miners for a while, but the "scammer" tag happened when he decided to take in a lot of business and then disappear without delivering. I know some people who got hosed to the tune of hundreds of miners.
Hey wasn't Technobit based out of Bulgaria? I wonder if any of those veteran scammers snuck out of the woodwork for this one.
THat was Martin, back in the day when he started, he was no scammer.
Had 8 miners of him in 2014 and 2015, but at the end of 2015 he went down due to his own suc6, he could not handle it anymore. After that ppl just remember him as an scammer. But his miners where really good.
Had 2 times a miner that broke down, he did send me a new one even b4 i did return the broken miners. NP at all.
The cost to produce a miner *is* very low. The bulk of up-front is engineering. Once that's out of the way, the actual per-unit material cost is a fraction of what you're being charged. This is why early batches of miners always cost more, because they've got the engineering and prototyping investment to clear. You don't go straight to bottom-dollar, especially if your product is a couple years ahead of the competition.
That is, if you can prove it exists. If you can prove it exists, the right people will sell their children for it. If you're trying to con dupes you avoid those people and go straight to retail customers you can nickel-and-dime and who are unlikely to take you to court when you fail to deliver.
That is, if you can prove it exists. If you can prove it exists, the right people will sell their children for it. If you're trying to con dupes you avoid those people and go straight to retail customers you can nickel-and-dime and who are unlikely to take you to court when you fail to deliver.
And if I had such a miner I sure wouldn't sell it for a thousand something bucks. I would sell it for 20 grand and people would buy it like hotcakes.
Actually no, I wouldn't even sell it. I would mine for another decade or so until the rest of the planet catches up with my tech and then sell it.
Actually no, I wouldn't even sell it. I would mine for another decade or so until the rest of the planet catches up with my tech and then sell it.
And how on earth will you sell it for 20 + k when everyone think you are scammer and you are new and unknown?
OK. Lets say you have this miner but the cost to produce it is 1500 usd per miner - how would you produce 200 units of it - you will need
300 000 usd on top of the cost for software development - they claim 70 people worked on the software in Bulgaria?
You also need to ship it from China to Bg - this can be done but if the price goes down a little more and they are broke or - even Bitmain seems to have financial problems - so what you say can be done but is too risky.
so 40,000,000/1450 = 27,586 of these
If you could provide a loan to them to produce the miners i guess they will accept your offer
You guys seems to think that the cost to produce a miner is very low.
Getting the mining power they claim is not a software issue, it's hardware. Software is open source, anyone can use it and do what they did, mine from one single pool.
I think in their video when they say management software they mean firmware.
I am pretty surprised this thread has gone on this long since my scam sense went off the moment i saw the first video posted.
Same but it's kind of nice that the thread flows so well and had a moment of fun when these guys went emo. Pretty sure this was decided a scam page 1.
Unfortunately you seem to be one of the only people in this industry I have ever met producing hardware for the individual and not trying to get rich off of them.
I am pretty surprised this thread has gone on this long since my scam sense went off the moment i saw the first video posted.
I am pretty surprised this thread has gone on this long since my scam sense went off the moment i saw the first video posted.
yeah sidehack and jstefanop
are all the only two I know.
And if they really had the gear they would be contacting people like yourself since if it was real you would certainly want lots of them.
Something could be said of priorities. Perhaps they'd rather serve individuals or small customers instead of large industrial parties to help re-balance the system back in favor of the people.
Then again, I'm well aware that most other people don't get into the crypto business because they *don't* want to make an overwhelming amount of money, so the likelihood of this is much less than it's a scam.
Then again, I'm well aware that most other people don't get into the crypto business because they *don't* want to make an overwhelming amount of money, so the likelihood of this is much less than it's a scam.
Unfortunately you seem to be one of the only people in this industry I have ever met producing hardware for the individual and not trying to get rich off of them.
I am pretty surprised this thread has gone on this long since my scam sense went off the moment i saw the first video posted.
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