Dont go so fast . How do you know this company exits and it is not an scam like many other new miner web pages?
Cryptocompare.com has them on their web page, there are a lot of ico news about them....but no one has a review on it, their twits comments are copy paste for older posts.
Is cryptocompare open to loose all their credibility for a scamer?
Topic: Asic Bittech NS (Neoscrypt 63.2MH/s ) (Read 841 times)
I am 95% sure they are fake.
I have been promised a working sha256 from them and I have zip so far.
There is a thread in btc speculation and I posted about it.
So far they are all talk no gear.
I have been promised a working sha256 from them and I have zip so far.
There is a thread in btc speculation and I posted about it.
So far they are all talk no gear.
I would just like to commend this community for their diligence to prevent another group of criminals from screwing hard working people over. WAY TO GO! 
im happy to offer my services to review this to prove if it is real or not
dwarf fgpa all over hehe but i guess this time it was found out hopefully before somebody was scammed by it.
Yup becareful. seems this Bittech thing is scam
I have done a lot of research about https://bittech.cn.com/
No real products, custom case with 3 miners inside.
Photoshopped pictures:
Jihan Luo Founder, CTO (FAKE NAME AND PHOTO)
Alexsandr Maiorov CEO, co-founder (FAKE NAME AND PHOTO)
Hans Krüger CMO (FAKE NAME AND PHOTO)
Sun Wei COO (FAKE NAME AND PHOTO)
I believe they are the same scammers from Syanmining
SCAM BE CAREFUL.
Do not buy these, they are 99% a scam. The Trezarcoin founder, ChekaZ, asked for them to show it working. They shared the mining page with him, and it showed that hash was from MiningRigRentals. ChekaZ contacted MiningRigRentals and they said that this was rented hash from someone that they knew, and this person who was renting the hash out was NOT from Bittech.
I got early access to this ASIC, they pointed the Hashrate to my desired Address, but it turned out that it was rented Hashrate from MRR. BE CAREFUL!
Warning! Assuming scam until someone can provide proof that this company/prodcut exist.
There was a discussion on TrazerCoin, which uses Neoscrypt, about this and the dev was given access to the web counsel to control one. Turns out they where renting hashrate for him.
There was a discussion on TrazerCoin, which uses Neoscrypt, about this and the dev was given access to the web counsel to control one. Turns out they where renting hashrate for him.
I hope you are not calculating ROI on current hashrated. Once the ASICs hit they saturate the network. That why they mostly never ROI except maybe the first batch. If people would only stop being stupid buying them and making only the corrupt manufacturers rich, they maybe we could get rid of them. But greed is a powerfull motivator.
Yes, you're right as well. The market will become saturated and the coin production will not be as fast as it is right now.From what I've seen until now, usually ASIC manufacturares release their "new" devices to the market after they have made a lot of money from mining on their own. As it was with the Baikal & others for CryptoNight, they announced the availability of the ASIC on the market after the Monero team said that they are going to change the algo to be ASIC resistant.
I asked it earlier, which will be next algo; Neoscrypt or Lyra2v2. Lol, both of them are dead now.
ROI is not 90 days, cause still need to pay ship and tax fee, so in my case, living in Brazil, ROI should be 160 days, cause of high import fee.
Any one must remember tax and ship fees, and of course, like you said research about mineable coins for any asic type before buy.
You're right, forgot about taxes & shipping. That will definitely hurt the ROI on these. If you consider these extra taxes even with the current coin production speed, it's going to be hard to break even. Not a good investment at this point...Any one must remember tax and ship fees, and of course, like you said research about mineable coins for any asic type before buy.
i think people have mining rig hate asic.
Of course not.
I'm GPU miner, I don't hate ASIC, but I don't care about ASIC
(now I don't have any ASIC). My first ASIC is Antminer S1, and the last is Antminer S2 (maybe S3) it been a long time ago. but new miner not have rig yet love asic easy to use after setup open and forgot it.
Yeah, it may be one of the factors, it's almost Plug & Mining (only need a bit configuration until we can start mining) Who don't want something easy?
Is the company legit?
Let's wait for someone know more about this!
Is the company legit?
What's the point of a blockchain that's mined between few mining companies?
And most GPU miners have ASICs
What is hated about ASICs? well secret mining and then flooding the market with ASICs.
A good profitable ASIC has been the Z9mini, but that had a lot of things going for it.
A very bad example of an ASIC is the D3, holy shit people got burned on that one.
And most GPU miners have ASICs
What is hated about ASICs? well secret mining and then flooding the market with ASICs.
A good profitable ASIC has been the Z9mini, but that had a lot of things going for it.
A very bad example of an ASIC is the D3, holy shit people got burned on that one.
i think people have mining rig hate asic.
but new miner not have rig yet love asic easy to use after setup open and forgot it.
but new miner not have rig yet love asic easy to use after setup open and forgot it.
I still don't get why people think that ASICs make anything centralised more than mining farms or so on. People with lots of money will create huge farms ( with Asics or With VGA it does not matter). If you have money and intersted in crypo mining you will do you best to have the most hashpower.
I think what makes people (some people) hate ASICs at first was silent mining that done by (some party) and several consumers (I don't know how much) that buying (brandnew) ASICs but received the stuff that indicated has been used before.
I don't have any ASICs (I swear
)There is no point to make anything Asic resisantant as there is no such a thing to be Asic Resistant. Technology will evolve, ASIC will be there, but probably because of past algo changes it will be hidden from public, used by manufafturer firms only forever.
Again, Agree with you.
Solution against certain ASIC dominance would be to have more ASIC manufacturer with reasonable prices IMO.
I still agree with you, Let's hope!
I am still very skeptical about ASICs since they can become door stoppers extremely fast...
If you data is accurate that would mean the break even time would be 90 days, that's not bad at all. You still need to make sure that the coins which you're going to mine are not going to switch the algo and become ASIC resistant. So, make sure you keep an eye on the news.
If you data is accurate that would mean the break even time would be 90 days, that's not bad at all. You still need to make sure that the coins which you're going to mine are not going to switch the algo and become ASIC resistant. So, make sure you keep an eye on the news.
ROI is not 90 days, cause still need to pay ship and tax fee, so in my case, living in Brazil, ROI should be 160 days, cause of high import fee.
Any one must remember tax and ship fees, and of course, like you said research about mineable coins for any asic type before buy.
I hope you are not calculating ROI on current hashrated. Once the ASICs hit they saturate the network. That why they mostly never ROI except maybe the first batch. If people would only stop being stupid buying them and making only the corrupt manufacturers rich, they maybe we could get rid of them. But greed is a powerfull motivator.
I wont to buy any ASIC, just telling ship and TAX are not free, but yes, if I want to buy any device, I always use current hashrate and coin value, you must remeber any coin can double value at any time, not easy, but it´s possible, also coin have daily change, today miners get 10% or more compared to yesterday.
It was a general statement, it was not aimed at you. Just wanted to point out that using values on the network before ASICs hit is wrong. And yes ship and TAX can be a lot. Also some ASICs need power suply and EU must also pay customs.
I am still very skeptical about ASICs since they can become door stoppers extremely fast...
If you data is accurate that would mean the break even time would be 90 days, that's not bad at all. You still need to make sure that the coins which you're going to mine are not going to switch the algo and become ASIC resistant. So, make sure you keep an eye on the news.
If you data is accurate that would mean the break even time would be 90 days, that's not bad at all. You still need to make sure that the coins which you're going to mine are not going to switch the algo and become ASIC resistant. So, make sure you keep an eye on the news.
ROI is not 90 days, cause still need to pay ship and tax fee, so in my case, living in Brazil, ROI should be 160 days, cause of high import fee.
Any one must remember tax and ship fees, and of course, like you said research about mineable coins for any asic type before buy.
I hope you are not calculating ROI on current hashrated. Once the ASICs hit they saturate the network. That why they mostly never ROI except maybe the first batch. If people would only stop being stupid buying them and making only the corrupt manufacturers rich, they maybe we could get rid of them. But greed is a powerfull motivator.
I wont to buy any ASIC, just telling ship and TAX are not free, but yes, if I want to buy any device, I always use current hashrate and coin value, you must remeber any coin can double value at any time, not easy, but it´s possible, also coin have daily change, today miners get 10% or more compared to yesterday.
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