(as posted in another thread I wanted to make sure everyone saw this)
Ahhh finally got back into my hacked account. This does not mean I will be a regular on this board anymore it just means I can make some statements that will hopefully be helpful to you.
1) I do not deserve a scammer label. We sold FPGA Mining products since may, when BFL announced their product MONTHS early just to try and squash the competition they lied which was a total lie and dis-service to the community but we wanted to keep our business alive, this led us to begin developing out own ASIC basic based prodcut. Our latest attempt at making the huge leap to ASIC failed. It was never our intention to scam anyone. Anyone who ordered a FPGA mining product has received their unit or their unit is on the way (2 orders slipped through the cracks when shit went bananas but we found these orders and we shipped them out this week.
2) I have paid back over 1 million USD to credit card buyers and BTC buyers alike. I am liquidating assets like a madman and still mining at about 60 gh/s with my FPGA rigs, which brings about 10 btc per day. Every week I gather what assets I have obtained and I distribute them to the customers starting with the earliest customers first and than working my way up to the later buyers. There are many people who can attest to this. One of our largest orders who spent over 100k was refunded by wire transfer just last week and I am sure if you look you can find that thread.
IF you are interesting in reading the actual definition of a scam you may do so here:
http://www.merriam-webster.com/dictionary/scamInstead I am doing everything I can to make sure every single customer gets a complete and total refund. Unfortunately some people do not like the fact that they are returned less coins than they have sent. Although the fact of the matter is - these units were priced in USD NOT BTC and it is appropriate to use the current exchange rate when converting USD to Bitcoin to make these refunds. Any one who knows what they are doing in e-commerce would agree totally.
3) See a scammer would of taken all the money (over a million dollars) and disappeared, instead I still live in my same house and still go to my regular job every day. I am a family man and the last thing I want is any kind of trouble. You guys have no idea the sleepless nights worrying about this thing, but I am going to keep on this and make sure every customer gets his refund.
4) I am sure its hard to believe but this has hurt and will continue to hurt myself and my family far more than it will hurt any of you, But that's the gamble I took when I decided to make an ASIC device, and take pre-orders, we just could not make the damn thing work (for long) and the chips were clocked wrong or something because they had a very little life especially when you pushed them to any degree.
At any rate that is all behind us. Like I said I have paid over 1 mil in refunds and continue to do so every friday night (20k just last friday) this list is shortening and shortening and before you know it every single person will be paid back in full.
I just hope and pray you give me the time to make this all happen, I sold most of these coins at around $15 and now am buying back at $30 - its very difficult but as the last 2 weeks showed you , you will continue to see 10 refunds every friday until every single person is paid back.
I have been a very strong member of this community for 2 years, and I have always fulfilled my promises - please have a little faith in me is all I am asking - I WANT to do the right thing. Think about what a true scammer would of done with over a million at his disposal?
??
I have four kids and I am just trying to get by - I am sorry I was not up to meet the challenge of bASIC but I assure you all of you will be paid back.
thank you for listening
Thomas Van Riper
BTCFPGA
P.O. BOX 246
Hannibal NY 13069
(any correspondence sent to any other address other than the business addresss of BTCFPGA will be returned. My house is not my place of business nor is it the address for my business)
i have changed my numbers due to the hundreds of calls I was receiving a day - if you need to get ahold of me email
[email protected]and I will get back to you within a couple of days at the latest
again thank you for reading this and for those who have it - thank you for your compassion and empathy.
Tom
BTCFPGA
p.s. BTCFPGA will continue to sell FPGA based devices to hobbyists and all others who are interested in this device.
http://www.btcfpga.com