Author

Topic: Anyone heard about these guys? (Read 6653 times)

hero member
Activity: 572
Merit: 500
June 15, 2013, 07:06:54 PM
#68
His facebook profile is gone now... Grin

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dm8
newbie
Activity: 30
Merit: 0
June 15, 2013, 04:42:19 PM
#67
Q. How long will my miner take to ship A. 5-7 Worldwide normally
5-7 what?

"There is currently a 11 day wait"
even if the 5 to 7 is "days", how can you do that with an 11 day wait??

"we have little time for technical support"
surprise surprise

Asic-technologies.com
Asictechnologies.com

If it looks like a scam, walks like a scam, and sounds like a scam.... i'll send you 30 btc....
sr. member
Activity: 406
Merit: 250
June 14, 2013, 01:53:42 AM
#66
I receive mail spam permanently. This is perfect sign of scam. Nothing else to add.

what more do you want to ask when the products will be coming from there.. Grin
newbie
Activity: 19
Merit: 0
June 14, 2013, 01:44:33 AM
#65
I receive mail spam permanently. This is perfect sign of scam. Nothing else to add.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
June 11, 2013, 12:50:59 PM
#64
They have some screenshots up now, but according to ELA they are pretty much all fabrications...

The shot of the casing is completely fabbed

CG miner screenshot has one definite square where it was manipulated, I imagine more of it was but resaves could make it hard to tell otherwise.

The last photo is not evident directly, but we can tell from this that A) Photoshop was definitely used and B) had been resaved so many times any bright spots of manipulation would be zeroed out


They are clearly scamming or are just completely incompetent, have already been caught lying, and with that childish super-rant I would not trust them any further than I could throw 'em.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
June 11, 2013, 10:52:44 AM
#63
These guys are trying to scam. Don't buy or send money to them. Sent them a few e-mails. They wouldn't send me pictures/videos and contact info as i requested to see if they were legit.

I love how the "about" section doesn't bother giving any last names, yet goes into such detail about the people as if they are telling you everything.
sr. member
Activity: 350
Merit: 250
June 11, 2013, 10:44:24 AM
#62
These guys are trying to scam. Don't buy or send money to them. Sent them a few e-mails. They wouldn't send me pictures/videos and contact info as i requested to see if they were legit.
sr. member
Activity: 350
Merit: 250
June 11, 2013, 10:29:58 AM
#61
Quote
Random news : A professional photographer is coming to take better pictures and we have an interview on Monday (27/5/2013)

Soooooo were are these pictures.....
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
June 11, 2013, 10:20:32 AM
#60
Aaaand now I'm getting email spammed from them in 15 minute intervals.

Quote

Asic-technologies.com

9.3-9.9 GHash/sec 6 Board (has 48 chips) - 30 BTC - $3000 USD

This unit will make:

Coins per 24h at these conditions     0.2965 BTC
   
Revenue per day    29.08 USD

Each module board uses about 31 Watts of power.

Mining board's supplied , Case, power supply , On-board heat sink , USB connectors.

Ready assembled
All the boards are linked together , With one main controller.
Easy to Install Software (Disk Provided)
Simple Plug and play.

CONTACT US USING PROMOCODE : EMAIL77 AND GET 15% off !!
Asic-technologies.com
dm8
newbie
Activity: 30
Merit: 0
June 06, 2013, 04:20:21 PM
#59
the stupidity increases....
as these guys are local to me, i feel obliged to check them out further even if they wont f2f.
He even links to his own facebook account so you can check him out - hes very proud of his 13 y.o citreon you know! Im sure the cash he makes from miners will allow him to upgrade to a 2001 wrx and go "CRUISIN"  Shocked

https://www.facebook.com/scott.davie.77


Where did you spot this?

simply googled the company name,and the facebook page had the same name and address of the whois entry for their website. he also mentions asictech and how he makes miners, so im pretty sure its the same fellow. The granton area of edinburgh is hardly the nicest, exactly the kind of place youd find guys selling 1990s adsl modems as hitech.

EDIT: Just to clear up, we are talking about scotland (in summer), so deiced'ing may well be a factor before ordering
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
June 06, 2013, 12:45:23 PM
#58
I honestly don't see where the concern is: http://www.asic-technologies.com/aboutus/

Quote
We deiced to start ordering more parts.

Can one person here prove to me that they ARE NOT deiced to start ordering more parts?

My only regret is that I didn't get an early queue position, assuming they're queuing. If there is no queue, then yes, they are a scam. If they are offering up queuing positions, then I'm on the fence.

Quote
Here is some information about us and the story behind asic-technologies.com

I love their story. So open and warm and...wait for it...full of bullshit.



 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

This image was taken down off of their front page, but they don't seem to understand that nothing simply disappears on the Net
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
June 06, 2013, 12:29:09 PM
#57
I honestly don't see where the concern is: http://www.asic-technologies.com/aboutus/

Quote
We deiced to start ordering more parts.

Can one person here prove to me that they ARE NOT deiced to start ordering more parts?

My only regret is that I didn't get an early queue position, assuming they're queuing. If there is no queue, then yes, they are a scam. If they are offering up queuing positions, then I'm on the fence.

Quote
Here is some information about us and the story behind asic-technologies.com

I love their story. So open and warm and...wait for it...full of bullshit.
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
June 05, 2013, 04:35:20 PM
#56
the stupidity increases....
as these guys are local to me, i feel obliged to check them out further even if they wont f2f.
He even links to his own facebook account so you can check him out - hes very proud of his 13 y.o citreon you know! Im sure the cash he makes from miners will allow him to upgrade to a 2001 wrx and go "CRUISIN"  Shocked

https://www.facebook.com/scott.davie.77


Where did you spot this?
dm8
newbie
Activity: 30
Merit: 0
June 05, 2013, 02:12:15 PM
#55
the stupidity increases....
as these guys are local to me, i feel obliged to check them out further even if they wont f2f.
He even links to his own facebook account so you can check him out - hes very proud of his 13 y.o citreon you know! Im sure the cash he makes from miners will allow him to upgrade to a 2001 wrx and go "CRUISIN"  Shocked

https://www.facebook.com/scott.davie.77
hero member
Activity: 854
Merit: 500
June 05, 2013, 01:51:21 PM
#54
I'd say the good thing about these is that the price is so far north of ridiculous that not many would get caught up in it.

9Gh for $3k really?
dm8
newbie
Activity: 30
Merit: 0
June 05, 2013, 01:45:02 PM
#53
theyre also using the name without the hyphen:
asictechnologies.com - bringing military grade technology to you - lol
whilst im no expert - i cant think of any military who are mining btc. At least theyve dropped their price  Roll Eyes
legendary
Activity: 2702
Merit: 1468
June 04, 2013, 02:12:53 PM
#52
How should I say this politely? 

They are effing scam.
dm8
newbie
Activity: 30
Merit: 0
June 04, 2013, 01:59:50 PM
#51
i live fairly locally and asked for a f2f demo - (un)surprisingly, they never replied. They had replied to previous emails so i know the acc was active.

cheekily, i had asked about the adsl modem pics." BCT isnt somewhere we take serious " . nothing like alienating your customer base (unless of course you are a'n alledged' scammer)
legendary
Activity: 1680
Merit: 1014
May 31, 2013, 03:21:37 AM
#50
Posted this on the scam-thread as well:

Just got an e-mail from them ( <[email protected]> ), which promptly got sent to SPAM folder by GMail. They either got my e-mail off the forum profile or they are mass-sending, hoping to hit active miners. In the e-mail they state the price in BTC, while the web-site states it in dollars. Still, $3000 for ~9GHs is a bit steep. BFL offers 50GHs for "just" $2500  Roll Eyes

Quote
Asic-technologies.com

We make ASIC Bitcoin Mining Gear using the ASIC chips Sourced from Taiwan.

3.1 -3.3 GHash/sec 4 Board (has 32 chips) - 15 BTC

9.3-9.9 GHash/sec 12 Board (has 96 chips) - 30 BTC

Each module board uses about 39 Watts of power.

Mining board's supplied (No case) power supply , On-board heat sink , USB connectors.

Ready assembled
(suggest that you insert board's into a case and add cooling fans)

All the boards are linked together , With one main controller.
Easy to Install Software (Disk Provided)
Simple Plug and play.
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
May 28, 2013, 03:12:45 PM
#49
Lose.

Loose is the opposite of tight, or restrictive.
Obviously he was saying that the person was being too "loose" with their BTC Smiley
hero member
Activity: 602
Merit: 500
May 27, 2013, 01:57:07 PM
#48
let me fire up this computer again...looks like they just came back online a little bit ago. They were down yesterday and this morning

I can see the website, no need to DDOS. Anyone dumb enough to send money to people who can't spell and who put up a pic of a router next to a shit mouse and 5 year old iPod as 'proof' deserves to loose their money tbh.

Lose.

Loose is the opposite of tight, or restrictive.
sr. member
Activity: 308
Merit: 250
May 27, 2013, 01:35:57 PM
#47
let me fire up this computer again...looks like they just came back online a little bit ago. They were down yesterday and this morning

I can see the website, no need to DDOS. Anyone dumb enough to send money to people who can't spell and who put up a pic of a router next to a shit mouse and 5 year old iPod as 'proof' deserves to loose their money tbh.
full member
Activity: 201
Merit: 100
May 27, 2013, 01:03:49 PM
#46
let me fire up this computer again...looks like they just came back online a little bit ago. They were down yesterday and this morning
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 27, 2013, 11:52:12 AM
#45
site is down...your welcome


Still looks plenty up to me
full member
Activity: 201
Merit: 100
May 27, 2013, 11:15:36 AM
#44
site is down...your welcome
sr. member
Activity: 350
Merit: 250
May 17, 2013, 04:59:43 AM
#42
link please oper Cheesy
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 17, 2013, 04:07:35 AM
#41
They've received some red on my Vendor database for these shenanigans
sr. member
Activity: 308
Merit: 250
May 16, 2013, 06:08:13 PM
#40
It seems they were inspired by Cedartec and anon64's stupidity.
legendary
Activity: 1789
Merit: 2535
Goonies never say die.
May 16, 2013, 05:58:47 PM
#39
At least their honest about the 'plug and play' capabilities... and the easy install software disc that always came with those modems  Cheesy
hero member
Activity: 511
Merit: 500
Hempire Loading...
May 16, 2013, 05:04:32 PM
#38
that looks exactly like the same board from my old adsl modem i had made by smd. also look what a quick google search found

http://www.123rf.com/photo_12087395_sircuit-of-external-adsl-modem.html almost exactly the same layout.

Yeah I don't buy this for a second.

Look at it. Row of green LEDs on the front, single yellow phone/ethernet in and power, no cooling solution of any kind. This is a broadband modem motherboard. I'm searching around to see if I can find this exact one somewhere.


EDIT

Yeah they must think we are pretty stupid...



Please don't send your money to these people, people...they barely even put in the effort to scam you of your coin.
sr. member
Activity: 350
Merit: 250
May 16, 2013, 04:53:13 PM
#37
nice find, you can evan see the mask on the right hand one for the large caps on the left.....
i hope no-one actually paid 1000$ for an asdl modem........
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 16, 2013, 02:32:03 PM
#36
that looks exactly like the same board from my old adsl modem i had made by smd. also look what a quick google search found

http://www.123rf.com/photo_12087395_sircuit-of-external-adsl-modem.html almost exactly the same layout.

Yeah I don't buy this for a second.

Look at it. Row of green LEDs on the front, single yellow phone/ethernet in and power, no cooling solution of any kind. This is a broadband modem motherboard. I'm searching around to see if I can find this exact one somewhere.


EDIT

Yeah they must think we are pretty stupid...

full member
Activity: 206
Merit: 100
May 16, 2013, 01:16:58 PM
#35
that looks exactly like the same board from my old adsl modem i had made by smd. also look what a quick google search found

http://www.123rf.com/photo_12087395_sircuit-of-external-adsl-modem.html almost exactly the same layout.
sr. member
Activity: 308
Merit: 250
May 16, 2013, 12:59:11 PM
#34
Can anyone see a simple adsl modem motherboard in that picture on the main site? i can see a phone line plug (the grey port) next to a inductor coil (the yellow and black box next to it) the yellow network connector, next to a switch, next to a barrel type power plug? with the caption under the picture: "mage above: main control board + my ipod and mouse for scale." and that soldered aluminium can is EMS shield for the SoC...

sorry, when i looked at the post, clicked the link, passed all other posts and went eh, no, obvious fake...

That aluminium(?) plate shield near the top taking 1/3 of the board space looks like something from a telecommunications board. I've seen it is modems, cable phone equipment. Yellow ethernet slot...
[/quote

Yep electro magnetic shield cage to stop RF escaping.
newbie
Activity: 55
Merit: 0
May 16, 2013, 11:00:02 AM
#33
Can anyone see a simple adsl modem motherboard in that picture on the main site? i can see a phone line plug (the grey port) next to a inductor coil (the yellow and black box next to it) the yellow network connector, next to a switch, next to a barrel type power plug? with the caption under the picture: "mage above: main control board + my ipod and mouse for scale." and that soldered aluminium can is EMS shield for the SoC...

sorry, when i looked at the post, clicked the link, passed all other posts and went eh, no, obvious fake...

That aluminium(?) plate shield near the top taking 1/3 of the board space looks like something from a telecommunications board. I've seen it is modems, cable phone equipment. Yellow ethernet slot...
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 16, 2013, 05:47:24 AM
#32
Just that little spat on the front page is enough for me, even if the are serious I don't do business with whiny children.
sr. member
Activity: 471
Merit: 256
May 16, 2013, 02:38:46 AM
#31
Doesn't matter if they are a scam. Read the FAQ. 155.2W at 3.3GH/s at best.

So, 21.26MH/J. An X6500 FPGA has better efficiency (23.25MH/J).

With such a sob-story in "About Us," it's pretty clear they are a scam. Not to mention that board seems to have some things I don't think it should have.

If it's all true though, they failed pretty hard when they could have mass-ordered some Spartan 6 FPGAs, built some boards and had better efficiency miners with those.

And for a "graduate of Napier University in Edinburgh" he has really shitty English skills. The grammar. It burns my eyes.
sr. member
Activity: 350
Merit: 250
May 16, 2013, 02:18:59 AM
#30
in the world of smd circuits, that does look a bit old school
hero member
Activity: 767
Merit: 500
May 16, 2013, 01:28:24 AM
#29
Can anyone see a simple adsl modem motherboard in that picture on the main site? i can see a phone line plug (the grey port) next to a inductor coil (the yellow and black box next to it) the yellow network connector, next to a switch, next to a barrel type power plug? with the caption under the picture: "mage above: main control board + my ipod and mouse for scale." and that soldered aluminium can is EMS shield for the SoC...

sorry, when i looked at the post, clicked the link, passed all other posts and went eh, no, obvious fake...
legendary
Activity: 2450
Merit: 1002
May 16, 2013, 12:59:45 AM
#28
this is bfljosh's side company...dont worry bout it, move along. =P
legendary
Activity: 2772
Merit: 1028
Duelbits.com
May 15, 2013, 11:04:59 PM
#27
and these guys are meant to have masters degree's

But they are trying to find how how asics work, give them some time  Grin
full member
Activity: 201
Merit: 100
May 14, 2013, 09:50:58 PM
#26
If it smells like a scam and looks like a scam...

BUY BUY BUY BUY BUY!
sr. member
Activity: 378
Merit: 250
May 14, 2013, 09:46:24 PM
#25
If it smells like a scam and looks like a scam...
sr. member
Activity: 350
Merit: 250
May 14, 2013, 09:43:44 PM
#24
and these guys are meant to have masters degree's
hero member
Activity: 714
Merit: 500
May 14, 2013, 09:28:46 PM
#23
There may be some sort of language barrier going on here...

Quote
I wanted to take our 800M/hash miner to the market place but with a top end GPU or FPGA unit 800M/hash was nothing special.
...
April 3rd , Finally some success We had almost had it right for months , We made 4 of the 800M/hash boards and eventually managed to get them all working properly together, after running the miner for 20 days non stop. We deiced to start ordering more parts.

The 3.1 – 3.3 G/hash ASIC miner was born.

4 * 800 Mh/s = 3.2 Gh/s. I think they might be under the impression that an ASIC miner is simply a multi-gigahash miner...

Which actually makes this sound even more like a scam. If they spent about a year building this thing, shouldn't one of them have caught on to the fact that ASIC is an acronym (just like FPGA) for a completely different technology?
sr. member
Activity: 350
Merit: 250
May 14, 2013, 09:17:18 PM
#22
anyone else think that looks more like an fpga ?

same with pricing and hash rates.....it all smells like miss selling
full member
Activity: 201
Merit: 100
May 14, 2013, 09:17:02 PM
#21
one of these days I hope one of these small time companies turns out to be legit...one day  Undecided
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 09:14:14 PM
#20
Quote
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Up on their front page Grin

Somebody paid them without even seeing any pics?

If somebody claims to have paid them, I'll assume sock-puppetry...

He also mentions 'branding our company a scam after the site was only online 12 hours with no sales' and then says 'Thank you to the users who had faith and paid via paypal.'

They have a pic updated on their site now.
hero member
Activity: 952
Merit: 1009
May 14, 2013, 03:33:41 PM
#19
Quote
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Up on their front page Grin

Somebody paid them without even seeing any pics?

Someone explain to me how this person is "staff" and "staff" of what please?
full member
Activity: 159
Merit: 100
May 14, 2013, 03:15:11 PM
#18
Quote
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Up on their front page Grin

Somebody paid them without even seeing any pics?

If somebody claims to have paid them, I'll assume sock-puppetry...
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 01:14:10 PM
#17
Quote
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Up on their front page Grin

Somebody paid them without even seeing any pics?
hero member
Activity: 798
Merit: 1000
www.DonateMedia.org
May 14, 2013, 01:11:50 PM
#16
Quote
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Up on their front page Grin
full member
Activity: 159
Merit: 100
May 14, 2013, 01:07:43 PM
#15
pix or GTFO.

No need for the butthurt
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 01:05:22 PM
#14
My mail to them

Quote
On 14/05/2013 08:07, Benson Samuel wrote:
Hi,

I was the person who posted that accusation as your website was advertised on the India Bitcoin Facebook page.

No one else had any idea about your website due to which there was a negative speculation involved.

I messaged the person who had posted the URL advertising on the page, but did not get any response.

I then posted this thread https://bitcointalk.org/index.php?topic=204135.new#new which confirmed that it may be a scam, hence I raised it under https://bitcointalk.org/index.php?topic=204146.new#new.

I apologize if I was hasty to act, and I do hope that you guys can deliver.

Best wishes,
Benson

This was their reply

Quote
Sales
19:41 (3 hours ago)

to me
My offer of a half price unit still stands ,

kind regards

Hmmmmm
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 07:09:49 AM
#13
Quote
Would you trust "Terry, Jason, Chris and Myself"
http://www.asic-technologies.com/our-staff/

Well, I have mailed them a blanket apology if they are not scammers.

No response as yet.
sr. member
Activity: 308
Merit: 250
May 14, 2013, 05:10:35 AM
#12
I would hope that they are not a scam to be honest.

We need as many of these initiatives as possible.

Sorry I call scam. Sounds like they've been keeping up with BFL, noted some buzz words then made up a very tenuous story that you'd be a fool to believe!

Quote
Luckily I spoke to some friends I was at University with about the ASIC chips and one stepped
forward and agreed to gamble with me trying to bring a product to the market place, I was never very good with hardware but my software skills are not too bad at all.
In late September 2012, myself and my friend Chris (Hardware Geek) where sitting looking at a huge stack of ASIC chips thinking “What have we done”. Chris had moved into my flat with me by this point and we where working on the ASIC project full time.

December 2012 We where still stuck, diffused layers,wafers,power issue’s,heat issue’s the list was
endless.I know much more about hardware than I ever thought possible.At this time we managed to get 4 chips working doing 200 Mhash for 3 hours before it burned out.

These problems became smaller and smaller as the months went by.

In March 2013,Chris sold his car so we could buy food.Funding was at an all time low , We had many bill’s and debts it seemed like the end of the project completely.However at this point we had 8 chips working at 100M/hash each.I wanted to take our 800M/hash miner to the market place but with a top end GPU or FPGA unit 800M/hash was nothing special.

Late March 2013 , Chris quit the project and got a job working delivering the mail.I was out of money and was not speaking to Chris at this point .The strain of the project really tested our friendship.

April 3rd , Finally some success We had almost had it right for months , We made 4 of the 800M/hash boards and eventually managed to get them all working properly together, after running the miner for 20 days non stop. We deiced to start ordering more parts.

The 3.1 – 3.3 G/hash ASIC miner was born.

Would you trust "Terry, Jason, Chris and Myself"
http://www.asic-technologies.com/our-staff/
hero member
Activity: 952
Merit: 1009
May 14, 2013, 03:44:31 AM
#11
   Davie, Scott  @gmail.com
    2/5 Moray Park Terrace
    Edinburgh, Midlothian EH7 5TH
    GB

That is the person who has registered the site.

That's not a person. "Scott & Davie" is a plastering business in Edinburgh.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 02:48:27 AM
#10
I would hope that they are not a scam to be honest.

We need as many of these initiatives as possible.
hero member
Activity: 504
Merit: 500
May 14, 2013, 02:03:11 AM
#9
It doesn't matter if they are a scam.

ASIC's will do nothing for anybody but the creators of the ASIC's themselves.

The whole function of the ASIC is to take hashing power from those already hashing, and put it in their pockets. The more you invest, the less you will get, because others are investing more, in the same 6-million BTC.

EG, there will be 3-million users all mining with ASIC's, and each will only get 1 BTC. Except the company producing ASIC's, who will get your CASH and more than half of those BTC, because they are using your money to build them more than they plan to sell.

Thus, they will be holding more than half of those 6-million BTC, and leave 3-million people mining for pennies. While the remaining 3-million GPU guys move-on to things that can't be taken by "corporate greedy bastards". Everyone is going to join that bandwagon of the ASIC's before they realize they are aiding the inevitable demise of their own devices.

(That is not a rant about bitcoins, or ASIC's, it is about the obvious scamming they are doing, in broad-daylight, right under everyone's noses, with the money they are given. Oh, they will deliver.... Crumbs.)

Any new company is already too late. They should have built these things two years ago. They will only be good for four years, tops, and that MAY make them break even. (for those who purchase them.)

It is not like a GPU. AMD didn't start producing thousands of cards, keeping them for themselves, and giving out 1 for every 100 made. That is what ASIC's are doing. There isn't even a guarantee that the machines are not purposely creating false proofs, or sending proofs home, or couldn't be covertly disabled by the creator whenever they decide they needed more coins for themselves. Not that I would imagine they would do... but in a cut-throat game of, "make me millions from your money"... why not? They are doing that already.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 01:59:43 AM
#8
Quote
Products
Firstly allow me to say a big thanks to bitcointalk forum . . branding our company a scam after the site was only online 12 hours with no sales . I just spend 9 months busting my balls , pushing every penny I had into this project , for some wee N00b to come along and start talking complete and utter rubbish based on no evidence at all . We done no advertising really because Chris my partner is on holiday at the moment , The site is not even complete . . . just a template I put up before taking a well needed sleep . If you think this site is a scam , I don’t even care . Leave now .WE DONT EVEN HAVE PICTURES UP YET . . . This is a 4 man project . Relax , give us some time .We currently have 21 small’s and 5 large units . Working on more . Thank you to the users who had faith and paid via paypal.Shipping will be tomorrow,I will also remove this rant when I am less angry . You wanna know how to build ASIC . . . Dont sit around chatting crap on bitcointalk , Learn Something New !!

Just saw this on their site.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 01:47:22 AM
#7
they posted a comment on their site directed at the forum...


tbh it maybe early days to shout scam, there are many many many people setting up for the great asic rush...
Preparation is key, and these sites need designing etc....

Yes they could have locked the site down with a password or something for testing, but why bother....
Can we please refrain from the scam tag untill their actually asking for money, or posting Photoshopped images of mining boards Cheesy


that said they claim to have shipped 7 devices....no pictures, no proof of work....though I guess you have paypal buyer protection Cheesy
Id sooo like to see pictures

Yup, an investigation would be required before they get a tag.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 14, 2013, 01:46:52 AM
#6
is Indian what can you ask for? they are well known and famous for this kind of thing. if you been there you will know.

I am from here and I promise you that you are only talking about what the media reflects, not what the reality is.

There are several people from here who are working hard as ever to make Bitcoin grow.

So do not breed stereotypical statements born out of ignorance.
sr. member
Activity: 350
Merit: 250
May 14, 2013, 12:49:50 AM
#5
they posted a comment on their site directed at the forum...


tbh it maybe early days to shout scam, there are many many many people setting up for the great asic rush...
Preparation is key, and these sites need designing etc....

Yes they could have locked the site down with a password or something for testing, but why bother....
Can we please refrain from the scam tag untill their actually asking for money, or posting Photoshopped images of mining boards Cheesy


that said they claim to have shipped 7 devices....no pictures, no proof of work....though I guess you have paypal buyer protection Cheesy
Id sooo like to see pictures
sr. member
Activity: 406
Merit: 250
May 14, 2013, 12:44:25 AM
#4
is Indian what can you ask for? they are well known and famous for this kind of thing. if you been there you will know.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 13, 2013, 01:52:00 PM
#3
It's from India so probably yes.

Look at that website. It's sort of a joke.

I'd put the odds at this not being a scam somewhere around 1 in a 1000.  

Don't assume things about India.

    Davie, Scott  @gmail.com
    2/5 Moray Park Terrace
    Edinburgh, Midlothian EH7 5TH
    GB

That is the person who has registered the site.

If that board was the first one where they advertised, it will soon be making its rounds elsewhere as well.

But yes, I agree that this is a scam.

Logged it under Scam accusations: https://bitcointalk.org/index.php?topic=204146.new;topicseen#new
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
May 13, 2013, 01:47:31 PM
#2
It's from India so probably yes.

Look at that website. It's sort of a joke.

I'd put the odds at this not being a scam somewhere around 1 in a 1000.  
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
May 13, 2013, 01:09:09 PM
#1
http://www.asic-technologies.com/

Just saw that someone had posted that URL on the India Bitcoin FB page messages.

Edit: Reported the link to the India Bitcoin admin and logged it under scam accusations.

Cannot find any details of this on bitcointalk.

Anyone have any idea if this is genuine or a scam?
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