Author

Topic: Baikal Giant X10 - page 130. (Read 132901 times)

full member
Activity: 182
Merit: 100
November 20, 2017, 09:07:18 AM
I would suggest we all band together in a International Class Action law suit, but it's China and we are just screwed.

https://www.reuters.com/article/china-lawsuits/u-s-lawsuits-against-china-companies-face-hurdles-idUSN1429211020110214

As a mining community though, I believe that we could (and should) flood social networking and forums to prevent anyone (or most) from buying the next round. This includes ASIC Miner Market by the way - probably more so than Baikal.
Yeah the real problem is we have no leverage. There is no way to force them to ship our miners and no way to force them to refund our money. All we can do is sit here and take it. All the bad publicity in the world won't stop miners from FOMO'ing and overpaying for shit that's profitable. I can assure you all of these resellers who are selling for double are having no problems selling their units. This is the stupid world we live in.
full member
Activity: 182
Merit: 100
November 20, 2017, 08:51:22 AM
I ' ve sent them two emails with the videos and as all can see they don't give a shite!
LOL I did the same thing. Nicely told them this was BS.
newbie
Activity: 74
Merit: 0
November 20, 2017, 08:21:44 AM
I would suggest we all band together in a International Class Action law suit, but it's China and we are just screwed.

https://www.reuters.com/article/china-lawsuits/u-s-lawsuits-against-china-companies-face-hurdles-idUSN1429211020110214

As a mining community though, I believe that we could (and should) flood social networking and forums to prevent anyone (or most) from buying the next round. This includes ASIC Miner Market by the way - probably more so than Baikal.
full member
Activity: 155
Merit: 110
November 20, 2017, 06:55:09 AM
I ' ve sent them two emails with the videos and as all can see they don't give a shite!
full member
Activity: 374
Merit: 101
November 20, 2017, 06:53:11 AM

I'm not talking about difficulty or if it's profitable or not, i'm talking about honour, they are creating the problem, the machine is ok and the profitability too, but they are mining with our miners.

There's a delay on the first batch (15-25 Oct), and now it's 20 November, 35 days of delaying, difficulty skyrocketting, less profitability 80% .... .

I´m not expecting 10.000$/month as whattomine said at that moment, but it's a bad practice to power on our miners, it's not fair.

I agree with you, they should deliver fast when miners are ready.
It is also unfair asking for money 1-2 months before shipping, but this is what is doing any ASIC manufacturer.

I think all of us should send baikal a mail asking for delivery: maybe they speed up their job.  Wink
member
Activity: 118
Merit: 11
November 20, 2017, 05:58:32 AM
I think this is ASIC world, not Bitmain nor Baikal.
ASIC does high profit in the first month or so, then difficulty grows, then profit goes down.
If it is still profitable after 3-4 months, it's a deal. Profitable doesn't mean 300-500 USD /day... $20/day is still profitable and more profitable than GPU mining.
Baikal COULD live longer than Bitmain D3, since it features more algos.
Open D3 thread and read about the same problem: they are doing $3-5/day using X11.

So, BGRUN was not right, simply this is ASIC world.

I'm not talking about difficulty or if it's profitable or not, i'm talking about honour, they are creating the problem, the machine is ok and the profitability too, but they are mining with our miners.

There's a delay on the first batch (15-25 Oct), and now it's 20 November, 35 days of delaying, difficulty skyrocketting, less profitability 80% .... .

I´m not expecting 10.000$/month as whattomine said at that moment, but it's a bad practice to power on our miners, it's not fair.
full member
Activity: 374
Merit: 101
November 20, 2017, 05:37:26 AM
I think this is ASIC world, not Bitmain nor Baikal.
ASIC does high profit in the first month or so, then difficulty grows, then profit goes down.
If it is still profitable after 3-4 months, it's a deal. Profitable doesn't mean 300-500 USD /day... $20/day is still profitable and more profitable than GPU mining.
Baikal COULD live longer than Bitmain D3, since it features more algos.
Open D3 thread and read about the same problem: they are doing $3-5/day using X11.

So, BGRUN was not right, simply this is ASIC world.
member
Activity: 118
Merit: 11
November 20, 2017, 05:15:52 AM
They are mining and wining a lot of money right now, when it becomes unprofitable, they will send to us.... dammit, I got scammed twice!, D3 it's a fucking shit and Baikal x10 is becoming a big shit too.

BGRUN, you're right.
newbie
Activity: 19
Merit: 0
November 20, 2017, 05:01:36 AM
My payment has been confirmed after 8 days (sent by EU bank account).
Which bank details did they give you?
I was given the following and still do not have confirmation after 2 weeks.

USD account number: 15286467
Beneficiary: BAIKAL HOLDINGS LIMITED
Address:
Room 2105, QD6747 Trend Centre, 29-31 Cheung Lee
Street, Chai Wan, Hong Kong
Tel: 00852-29738324
Fax: 00852-21159613
_________________________________________ Bank Details:
Bank Name: China Construction Bank (Asia) Corporation
Limited
Bank Address:
20/F, CCB Centre, 18 Wang Chiu Road, Kowloon Bay, Kowloon
Phone: 852-3718-2288
Bank code: 009
Branch Code: 637
Swift Code: CCBQHKAX
I sent payment to the same account, it took about 10days for baikal to confirm.

i got confirmation on the 4th day
newbie
Activity: 3
Merit: 0
November 20, 2017, 04:53:10 AM
No more infos to the public, swim alone now !
You are too blind.
Buy Baikal and come in this post in April 2018 to post your results .... buy !

Post reliable sources for your statement or move on.
You already got more attention than you seem to deserve.

Been reading this thread and from the way this is going, I think the community owes BGRUN an apology...
full member
Activity: 374
Merit: 101
November 20, 2017, 02:37:38 AM
My payment has been confirmed after 8 days (sent by EU bank account).
Which bank details did they give you?
I was given the following and still do not have confirmation after 2 weeks.


Same bank and account.
newbie
Activity: 37
Merit: 0
November 20, 2017, 02:16:23 AM
My payment has been confirmed after 8 days (sent by EU bank account).
Which bank details did they give you?
I was given the following and still do not have confirmation after 2 weeks.

USD account number: 15286467
Beneficiary: BAIKAL HOLDINGS LIMITED
Address:
Room 2105, QD6747 Trend Centre, 29-31 Cheung Lee
Street, Chai Wan, Hong Kong
Tel: 00852-29738324
Fax: 00852-21159613
_________________________________________ Bank Details:
Bank Name: China Construction Bank (Asia) Corporation
Limited
Bank Address:
20/F, CCB Centre, 18 Wang Chiu Road, Kowloon Bay, Kowloon
Phone: 852-3718-2288
Bank code: 009
Branch Code: 637
Swift Code: CCBQHKAX
I sent payment to the same account, it took about 10days for baikal to confirm.
newbie
Activity: 30
Merit: 0
November 20, 2017, 02:05:38 AM
My payment has been confirmed after 8 days (sent by EU bank account).
Which bank details did they give you?
I was given the following and still do not have confirmation after 2 weeks.

USD account number: 15286467
Beneficiary: BAIKAL HOLDINGS LIMITED
Address:
Room 2105, QD6747 Trend Centre, 29-31 Cheung Lee
Street, Chai Wan, Hong Kong
Tel: 00852-29738324
Fax: 00852-21159613
_________________________________________ Bank Details:
Bank Name: China Construction Bank (Asia) Corporation
Limited
Bank Address:
20/F, CCB Centre, 18 Wang Chiu Road, Kowloon Bay, Kowloon
Phone: 852-3718-2288
Bank code: 009
Branch Code: 637
Swift Code: CCBQHKAX
newbie
Activity: 42
Merit: 0
November 20, 2017, 02:00:58 AM
Looks attractive
sr. member
Activity: 322
Merit: 250
November 20, 2017, 12:26:57 AM
BEWARE their pre-orders are NO GOOD!   I got my confirmation Friday so had bank to wire money Monday!  Well I saw on Twitter that they are sold out!  Thinking my pre-order should still be good contacted them by Skype and was told to keep the money! 

Basically they DO NOT HONOR pre-orders!  If I had not checked I would of been out over $1500!   What a SCAM!
sr. member
Activity: 434
Merit: 251
November 19, 2017, 11:42:04 PM




@cashen, What tool is it you are using to produce the profitability screen shot here?  Thanks.

Megaminer

Search in BTC for "Megaminer" works great.
hero member
Activity: 868
Merit: 517
November 19, 2017, 09:18:36 PM




@cashen, What tool is it you are using to produce the profitability screen shot here?  Thanks.
full member
Activity: 168
Merit: 100
November 19, 2017, 09:14:01 PM
looks like BGRUN was right, when everyone was saying he's full of shit it turns out Baikal fucked everyone again.

This is why I would never buy from a company like Baikal, they are trying to pump and dump their units.

They will make you pay and preorder when the profits are 100 dollars a day, then they produce so many units knowing that roi wont be achievable and release to the market once they have mined the big money.

Such a facade, they get you to pay for them to mine all the profits and you are stuck with a miner that might break even. Great business they run
sr. member
Activity: 326
Merit: 250
November 19, 2017, 08:20:28 PM
My units ordered on 3 OCT, delayed from OCT25-30 to NOV15-NOV20?? - No shipping info. No response to 3 emails.
My units ordered 12th September, paid 15th September and still nothing...
sr. member
Activity: 305
Merit: 250
November 19, 2017, 07:57:04 PM

100% mark up sure why not that's reasonable for something that goes obsolete by the time they might ship on-time dec 25th.
Jump to: