Topic: Black Arrow is most likely a scam operation - page 3. (Read 14763 times)
It is now the morning of Feb. 20 in China, the day of the supposed-to-be Tapeout. Let's see what Black Arrow will update us...
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Black Arrow is most likely a scam operation
That would be disaster...
Investomer: Verisilicon, does Black Arrow have a contract with you all?
Verisilicon 1: Hey, Mack, is this email guy asking about their first order or subsequent orders?
Verisilicon 2: Just reply with a yes.
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Black Arrow is most likely a scam operation
That would be disaster...
MENSA status, DZ, really put a lot of thought into forming his co-op, considering he espouses how he's doing all that shit for free.
http://en.wikipedia.org/wiki/Agricultural_cooperative#Why_farmers_form_cooperatives
Ergo, IOFs = I Often Forget shit! Hell, if you drop the hyphen, it's not that big a leap to envision the vetted foxes guarding the chicken coop.
http://en.wikipedia.org/wiki/Agricultural_cooperative#Why_farmers_form_cooperatives
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Cooperatives as a form of business organization are distinct from the more common investor-owned firms (IOFs).[1][4] Both are organized as corporations, but IOFs pursue profit maximization objectives, whereas cooperatives strive to maximize the benefits they generate for their members (which usually involves zero-profit operation).
Ergo, IOFs = I Often Forget shit! Hell, if you drop the hyphen, it's not that big a leap to envision the vetted foxes guarding the chicken coop.
i'd be seriously fearsome about taking anything from them... where it proves it's a massive fraud, the dude will go to jail, not pass go, not collect BTC200
You guys wanna see another amazing graph?: https://blockchain.info/charts/balance?address=1HC3dc4DubRat1P39YBBkwVRbph3ijbtPQ
Besides the wallet in question having received 10,981.801666 BTC to date, DZ's co-op has been paid 1 BTC no less than three times stemming from it. So much for the I've-been-doing-shit-for-free guy. I predict that soon DZ's co-op will be referred to as DZzzzzzzzzzzzzzzzzzzMCnot-square.
Besides the wallet in question having received 10,981.801666 BTC to date, DZ's co-op has been paid 1 BTC no less than three times stemming from it. So much for the I've-been-doing-shit-for-free guy. I predict that soon DZ's co-op will be referred to as DZzzzzzzzzzzzzzzzzzzMCnot-square.
we can´t stop here! this is bat land.
Country....Bat country...
I don't know whether to post this, sorry if it seems rude, but I feel I must say it as a potential customer...
Why can't you use your talents to develop something using the ASIC platform? I for one am waiting for the dust to settle and will be looking to buy into ASIC technology once there are units on warehouse shelves. I am not particularly interested in massive profits, just a little profit plus the satisfaction of mining for the resilience of the network. I am under the impression that the Avalon's custom ASIC chips are/will be available in bulk to people such as yourselves, and the developers specifically want this technology to be distributed.
The issue of electricity cost vs. mining revenue will be making new investment into FPGAs too risky for me, sorry
Why can't you use your talents to develop something using the ASIC platform? I for one am waiting for the dust to settle and will be looking to buy into ASIC technology once there are units on warehouse shelves. I am not particularly interested in massive profits, just a little profit plus the satisfaction of mining for the resilience of the network. I am under the impression that the Avalon's custom ASIC chips are/will be available in bulk to people such as yourselves, and the developers specifically want this technology to be distributed.
The issue of electricity cost vs. mining revenue will be making new investment into FPGAs too risky for me, sorry
We are looking into developing an ASIC but we won't sell them until we have a working product.
Power consumption is not such a big issue for FPGA. They use only a little bit more than ASIC.
As many times as I've read similar, Roger Ver should erect a billboard depicting such verbiage.
You guys want to see an amazing graph?: https://blockchain.info/charts/received-per-day?address=1JTNXgcVCMXhQrLEE9XW71fQjJN1uQpWf7
It stems from one of Black Arrow's wallet address: https://blockchain.info/address/1JTNXgcVCMXhQrLEE9XW71fQjJN1uQpWf7 They better hope that that's not their only wallet, otherwise they're in a heap of trouble.
This is how I found it: http://web.archive.org/web/20130428000608/http://www.cardreaderfactory.com/shop/lancelot.html
First deposit was on Oct. 19, 2012, and currently has $78,472.50 USD in it for anybody seeking a refund from Black Arrow. And, if that's not enough, you'll soon learn once you visit the address above that Black Arrow is garnering 5 BTC every two days via mining income while its investomers are in a holding pattern till May. Doing some quick math, that'll be 5 X 30 X 600 = ~$90,000 USD he'll receive during the next 60 days, while his investomers will only be earning (more quick math, so please check my work) 0 X 0 X 600 X (# of rigs ordered) = 0 during the same timeframe.
Now, I'm no MENSA dude, but to me the investomer's ROI is not looking too good at this penning, while Black Arrow is swimming in bitcoins, all the while checking his margins to see if he could honor any refunds. Perhaps, it's just some Romanian thing, and I'm simply a fuckin' idiot wasting my life away on this here laptop living in my dead mother's van down by the up-the-creek-sans-a-paddle.
~TMIBTCITW
^^^Good news, Keith: http://my-dog-jetta.blogspot.com/2014/01/black-arrow-prospero-x-3-delay.html
Funds are currently available for you to receive your full refund sans waiting a month... or longer.
Glad I could help... FOR FUCKIN' FREE, see there DZ?
Funds are currently available for you to receive your full refund sans waiting a month... or longer.
Glad I could help... FOR FUCKIN' FREE, see there DZ?
I don't know whether to post this, sorry if it seems rude, but I feel I must say it as a potential customer...
Why can't you use your talents to develop something using the ASIC platform? I for one am waiting for the dust to settle and will be looking to buy into ASIC technology once there are units on warehouse shelves. I am not particularly interested in massive profits, just a little profit plus the satisfaction of mining for the resilience of the network. I am under the impression that the Avalon's custom ASIC chips are/will be available in bulk to people such as yourselves, and the developers specifically want this technology to be distributed.
The issue of electricity cost vs. mining revenue will be making new investment into FPGAs too risky for me, sorry
Why can't you use your talents to develop something using the ASIC platform? I for one am waiting for the dust to settle and will be looking to buy into ASIC technology once there are units on warehouse shelves. I am not particularly interested in massive profits, just a little profit plus the satisfaction of mining for the resilience of the network. I am under the impression that the Avalon's custom ASIC chips are/will be available in bulk to people such as yourselves, and the developers specifically want this technology to be distributed.
The issue of electricity cost vs. mining revenue will be making new investment into FPGAs too risky for me, sorry
We are looking into developing an ASIC but we won't sell them until we have a working product.
Power consumption is not such a big issue for FPGA. They use only a little bit more than ASIC.
As many times as I've read similar, Roger Ver should erect a billboard depicting such verbiage.
You guys want to see an amazing graph?: https://blockchain.info/charts/received-per-day?address=1JTNXgcVCMXhQrLEE9XW71fQjJN1uQpWf7
It stems from one of Black Arrow's wallet address: https://blockchain.info/address/1JTNXgcVCMXhQrLEE9XW71fQjJN1uQpWf7 They better hope that that's not their only wallet, otherwise they're in a heap of trouble.
This is how I found it: http://web.archive.org/web/20130428000608/http://www.cardreaderfactory.com/shop/lancelot.html
First deposit was on Oct. 19, 2012, and currently has $78,472.50 USD in it for anybody seeking a refund from Black Arrow. And, if that's not enough, you'll soon learn once you visit the address above that Black Arrow is garnering 5 BTC every two days via mining income while its investomers are in a holding pattern till May. Doing some quick math, that'll be 5 X 30 X 600 = ~$90,000 USD he'll receive during the next 60 days, while his investomers will only be earning (more quick math, so please check my work) 0 X 0 X 600 X (# of rigs ordered) = 0 during the same timeframe.
Now, I'm no MENSA dude, but to me the investomer's ROI is not looking too good at this penning, while Black Arrow is swimming in bitcoins, all the while checking his margins to see if he could honor any refunds. Perhaps, it's just some Romanian thing, and I'm simply a fuckin' idiot wasting my life away on this here laptop living in my dead mother's van down by the up-the-creek-sans-a-paddle.
~TMIBTCITW
This really reminds me of the Kid who is a fry cook at McDonalds and on his Resume puts HEAD CHEF
I have a nephew like that. His last job was dishwasher, but bragged about how the chef asked him for advice. Two weeks later when he got his first check, he smoked it up, then quit, just like he did with every single job he's ever had for the past six years. Once, he held onto a job for almost two months, but I later learnt it was only because one of his fellow co-workers supplied him, along with them both ripping off the joint. The son of a bitch even once ripped off his own mother, taking a hundred dollars outta her purse, then denied it, although he was the only other person in the other room at the time.
Does that mean the bitch deserved it?
Just kidding.
I'll accept your first post as humor and won't take offense, bud.
This really reminds me of the Kid who is a fry cook at McDonalds and on his Resume puts HEAD CHEF
I have a nephew like that. His last job was dishwasher, but bragged about how the chef asked him for advice. Two weeks later when he got his first check, he smoked it up, then quit, just like he did with every single job he's ever had for the past six years. Once, he held onto a job for almost two months, but I later learnt it was only because one of his fellow co-workers supplied him, along with them both ripping off the joint. The son of a bitch even once ripped off his own mother, taking a hundred dollars outta her purse, then denied it, although he was the only other person in the other room at the time.
Does that mean the bitch deserved it?
Just kidding.
This really reminds me of the Kid who is a fry cook at McDonalds and on his Resume puts HEAD CHEF
I have a nephew like that. His last job was dishwasher, but bragged about how the chef asked him for advice. Two weeks later when he got his first check, he smoked it up, then quit, just like he did with every single job he's ever had for the past six years. Once, he held onto a job for almost two months, but I later learnt it was only because one of his fellow co-workers supplied him, along with them both ripping off the joint. The son of a bitch even once ripped off his own mother, taking a hundred dollars outta her purse, then denied it, although he was the only other person in the other room at the time.
This really reminds me of the Kid who is a fry cook at McDonalds and on his Resume puts HEAD CHEF
Phinnaeus Gage, you said someone visited the Chinese plant. Who? Can you show me the thread or proof?
Here it is, bud. BTW, bobsag3 is Matt Carson.
Updates straight from bobsag3 in Hong Kong visiting Black Arrow:
Can you say miner pr0n?
These areProsperos - except prototypes running with Bitfury instead of Minion chips: Bitfury boards:
http://i.imgur.com/PZsSdoo.jpg
http://i.imgur.com/X69NCBP.jpg
http://i.imgur.com/fw5qBvl.jpg
http://i.imgur.com/pSkWGPL.jpg
http://i.imgur.com/dO4kzm8.jpg
FPGA simulating the Minion ASIC hashing away: http://i.imgur.com/2pq0Fz7.jpg
Full album here: http://goo.gl/s9U6IX
Can you say miner pr0n?
These are
http://i.imgur.com/PZsSdoo.jpg
http://i.imgur.com/X69NCBP.jpg
http://i.imgur.com/fw5qBvl.jpg
http://i.imgur.com/pSkWGPL.jpg
http://i.imgur.com/dO4kzm8.jpg
FPGA simulating the Minion ASIC hashing away: http://i.imgur.com/2pq0Fz7.jpg
Full album here: http://goo.gl/s9U6IX
So nothing of the 28nm tech other than a FPGA simulator?
What else would you expect? Its pretty public that the chip is still in development, and that they wont have the chips until Jan/Feb.
Wishful thinking on my part then
Thanks for the pics
Phinnaeus Gage, you said someone visited the Chinese plant. Who? Can you show me the thread or proof?
Has anyone done a Hong Kong company search on "Black Arrow Limited"?
https://www.icris.cr.gov.hk/csci/login_i.do?loginType=iguest
If Black Arrow is indeed a scam, the directors/shareholders will most probably be nominees. They are probably unaware of the the scam, given it is quite shortlived (started last year from September). However, I think there would be a trace because the scammers purchased the shelf company from the incorporator and left some fingerprints behind.
https://www.icris.cr.gov.hk/csci/login_i.do?loginType=iguest
If Black Arrow is indeed a scam, the directors/shareholders will most probably be nominees. They are probably unaware of the the scam, given it is quite shortlived (started last year from September). However, I think there would be a trace because the scammers purchased the shelf company from the incorporator and left some fingerprints behind.
To date, the ONLY thing I've found legitimate pertaining to Black Arrow is that Global Foundries exist, and that Virisilicon received investment capital from Lehman Brothers.
Phinnaeus Gage,
The legitimacy of VeriSilicon has not really a lot to do with Black Arrow. Just imagine, if Black Arrow is pulling the biggest Bitcoin hardware scam for millions of dollars, they can pay (ie. as a investment for the scam) $1 mil. to order the the silicon chips.
VeriSilicon can confirm with us they have a real contract with Black Arrow. They did not confirm what is the size of the contract. Sure, I read your message earlier that it has to be a minimum order for the chips. But what if the minimum order is $1 mil. and the total scam sales is $50 mil. They still pocket $49 mil.
If those above are the only things you found legitimate about Black Arrow, perhaps it's time to consider that all your money paid to Black Arrow is gone. Accept that WE have been scammed NOW, or accept it in May, or later this year...
I can't really follow this thread. There seems to be a lot of unrelated information....
So, what's with the name was was given a different bank "Destino" to send the wire to? You mean Black Arrow's account with HSBC Hong Kong were in trouble that they have to give a different bank (in the UK) to send the money to? Isn't this the real bad smell of a scam?
So, what's with the name was was given a different bank "Destino" to send the wire to? You mean Black Arrow's account with HSBC Hong Kong were in trouble that they have to give a different bank (in the UK) to send the money to? Isn't this the real bad smell of a scam?
the dz co op has always been good to me and i invested around 7 btc or so . If weed is legal than why is it such a big deal for you. I would trust him even more if he had a legal grow op that would mean he has to stay put ( you only get paid every 3 months) and that he has a second income.
I think he thinks the hookah = weed
Either way doesn't matter.
My bad! I mistaken weed for a brand strain of hookah.
Seriously, we can easily take the weed aspect outta the equation, and we'll still be dealing with a liar. The weed issue just has the potential of bringing heat to his currently hosting facility occupied by his investomer's miners located at https://maps.google.com/maps?q=3250+Oakland+St,+Aurora&ie=UTF-8&hq=&hnear=0x876c7b53c5df3cbf:0x220147301cdb0f76,3250+Oakland+St,+Aurora,+CO+80010&gl=us&ei=MicDU6TPB-HXygGwo4HgBg&ved=0CCkQ8gEwAA
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