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Topic: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide [1st Feb 2016] - page 62. (Read 131506 times)

legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Will Bitcoinultra be added soon, or are they still being determined if legit or not?

https://bitcointalksearch.org/topic/750-ghs-3ths-miners-from-3565-wwwbitcoinultracouk-469943

Will Bitcoinultra be added soon, or are they still being determined if legit or not?

https://bitcointalksearch.org/topic/750-ghs-3ths-miners-from-3565-wwwbitcoinultracouk-469943

We have arranged with Dogie to send over a sample unit so he can approve us for this list, plus put together a setup guide/review for the forum

Yeah, for now it remains a pre-preorder. Once physical things start appearing, they can go on the list.
newbie
Activity: 42
Merit: 0
Will Bitcoinultra be added soon, or are they still being determined if legit or not?

https://bitcointalksearch.org/topic/750-ghs-3ths-miners-from-3565-wwwbitcoinultracouk-469943

We have arranged with Dogie to send over a sample unit so he can approve us for this list, plus put together a setup guide/review for the forum
hero member
Activity: 1372
Merit: 783
better everyday ♥
Will Bitcoinultra be added soon, or are they still being determined if legit or not?

https://bitcointalksearch.org/topic/750-ghs-3ths-miners-from-3565-wwwbitcoinultracouk-469943
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Drillbit: Promotion to B+ if no issues until March 8 22, delay requested.
newbie
Activity: 42
Merit: 0
IMO any company that took money for products they reasonably should have known would not be delivered in time to be profitable, while at the same time lying about their ability to deliver should be labeled as scams. That includes HF and BFL.

and bitmine, probably all 3 have been selling thier miners to companys
*bitmine selling their miners to petaminer***
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Added pretty colors to ratings and company names, excluded yellow because its unreadable. Added brown tier for BFL.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
dogie... in case you add a link to a calculator i suggest this one: http://mining.thegenesisblock.com/
The future diff-development is calculated automatically from the past diff-rises. So its pretty noobfriendly and way more real than the calculators that dont take diff-increases into account and might mislead noobs.
Yeah I like them, but wasn't sure based on what difficulty rise it was auto doing it. I remember a while back it was still outputting very optimistic stuff.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
dogie... in case you add a link to a calculator i suggest this one: http://mining.thegenesisblock.com/
The future diff-development is calculated automatically from the past diff-rises. So its pretty noobfriendly and way more real than the calculators that dont take diff-increases into account and might mislead noobs.
sr. member
Activity: 476
Merit: 250
Again, black arrow can have b rating but only as chip integrator! They does not have asic yet? They do not offer refunds! Did not even taped out!
So how is fair that bitmine has lower grade when they have working and delivered asic chip?
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
I also think at least a note next to the bitmine that they have completed their asic A1 chip and trough site and Zefir diy community got samples and can buy chips. Marto technobit already delivered miners based on bitmine chip.
* read my prior post to see other comments. Misleading note about bitmine not honoring refunds when they have cpp, while you praise black arrow who does not issue refunds also and does not have even manufactured asic chip. Both company are delayed but bitmine has a working chip what can be bought, ba does not and maybe will in May.
Changelog 02/20/2014
  • Added explanation regarding chip integrators having lower ratings compared to chip creators.
  • Added explanation regarding the higher weighting of more recent problems/good work.

Company changes:
  • BitMine to be reviewed 1st March on release performance (with delay compensation).
  • AMT moved to chip integrators. Set C. Promoted to C+ on delivery of first orders, taken a hit due to delays and lack of communication.
  • VMC Set D. Promoted to C+ on testing publication, with no additional problems.
sr. member
Activity: 476
Merit: 250
I also think at least a note next to the bitmine that they have completed their asic A1 chip and trough site and Zefir diy community got samples and can buy chips. Marto technobit already delivered miners based on bitmine chip.
* read my prior post to see other comments. Misleading note about bitmine not honoring refunds when they have cpp, while you praise black arrow who does not issue refunds also and does not have even manufactured asic chip. Both company are delayed but bitmine has a working chip what can be bought, ba does not and maybe will in May.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
What we really need is : Dogie's Comprehensive Manufacturer Profitability Loss Guide

I've been thinking about it a lot and been watching some of the previous attempts, but its a hard and potentially misleading thing to do. There is no universally accepted difficulty prediction thread, so there would be a reasonable spread. And what exactly is the usefulness if its just going to show that no hardware will pay itself back? Can it do more damage than good if a product appears that it will make a profit and then is delayed 6 weeks?

Problems, problems.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
What we really need is : Dogie's Comprehensive Manufacturer Profitability Loss Guide
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
I like this thread. thank you.
Being a newbie to mining, when I read the title of the thread manufacturers trustworthiness, I in no way expected there to be info regarding profitability of said equipment. The Title is clear, how trust worthy are the manufacturers ( do they actually deliver / on time) I think this thread covers that well.
If profitability is your main concern as a buyer / miner, you should really do some due dilligence and hit up some calculators as the profitability of mining directly correlates with the price of btc.
Anyone willing to drop money into more advanced asics (bigger $$) if of a reasonably sound mind can do that research on their own.
again good thread op.
This is what I was thinking, thanks for writing down your thoughts. No where have I mentioned anything about $$$ or projections or income or costs. (For now), all this is is historically and recently, has company x tried to swindle people, how much karma do they have?
newbie
Activity: 9
Merit: 0
I like this thread. thank you.
Being a newbie to mining, when I read the title of the thread manufacturers trustworthiness, I in no way expected there to be info regarding profitability of said equipment. The Title is clear, how trust worthy are the manufacturers ( do they actually deliver / on time) I think this thread covers that well.
If profitability is your main concern as a buyer / miner, you should really do some due dilligence and hit up some calculators as the profitability of mining directly correlates with the price of btc.
Anyone willing to drop money into more advanced asics (bigger $$) if of a reasonably sound mind can do that research on their own.
again good thread op.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I still think your excellent op needs more newby-proofing.

Sth along the line of big bold letters, more caveats, calculators,

links to warnings about the 99.99% likelihood of losing btc when buying from any asic mfg. without reselling on ebay. (bitmain was the 0.01% for some weeks)

As it stands many newbs will cursorily look at your work, buy the next ASICminer offerings and blame you, albeit wrongly, for losing their precious.
Ill think about it

I think its needed to at least post one or 2 calculators that take the future diff-development into account. Im saying that because its happening occassionally that i get requests to buy avalon gen 1! chips or miners from me. People probably found my old groupbuy thread and dont realize how very much outdated this is. Giving some links at hand would be a real help to safe a lot noobs from errors. Guys that only heard that they need to buy a miner to earn money and dont know the facts.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
I still think your excellent op needs more newby-proofing.

Sth along the line of big bold letters, more caveats, calculators,

links to warnings about the 99.99% likelihood of losing btc when buying from any asic mfg. without reselling on ebay. (bitmain was the 0.01% for some weeks)

As it stands many newbs will cursorily look at your work, buy the next ASICminer offerings and blame you, albeit wrongly, for losing their precious.
Ill think about it
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I think buyers should calculate themself if its worth to buy miners. A link to a proper calculator might be helpful for noobs though.
At the end... only because Asicminer was the first in the market, and started with the target to do what they did, means that they destroyed mining? It was simply inevitable. It doesnt matter who did it. It would have happened anyway.
Yes.

But giving the company that has done this the longest, and made massive profit overcharging people, an "A+", really make a "Trustworthiness Guide" a sham.

Sounds more like "they bought an A+ by lining my wallet" ...

"The market has made their price OK to rip people off due to their ignorance, give them an A+" is what he is saying.

Thread fail - bye.

I wouldnt buy any mining hardware at the moment too. Its simply too risky OR not profitable from the start. But i think this thread isnt about profitability at all. Its only about rating the companies. If they deliver in time, if they deliver at all, how trustworthy were they to deliver at the end and so on.
At the end... if i would have run Asicminer... i wouldnt sell the miners for cheaper as long as there are enough buyers. It simply wouldnt make sense to throw away money.
And the buyers are responsible for themself. Thats why people buy cigarettes and still are happy even though they should know what they do to themselfes.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
I still think your excellent op needs more newby-proofing.

Sth along the line of big bold letters, more caveats, calculators,

links to warnings about the 99.99% likelihood of losing btc when buying from any asic mfg. without reselling on ebay. (bitmain was the 0.01% for some weeks)

As it stands many newbs will cursorily look at your work, buy the next ASICminer offerings and blame you, albeit wrongly, for losing their precious.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
"The market has made their price OK to rip people off due to their ignorance, give them an A+" is what he is saying.
Quoted here for the future. You ARE asking me to downvote every company that offers up a price unfavourable to you. Remember, ASICMiner made its money for its shareholders (people in the community). And for the record, I've never held ASICMiner stock and nor do they 'line my wallet'. I have a man purse.
Heh you brought up another issue about Asicminer ...

Look at that graph I posted ... see if you can see how it clearly shows they ripped off the community who had stock in the early days ... and doing that right back at the start ...
Those people were misinformed when making investment decisions then. ASICMiner from the start published they wanted the farm of all farms. All their early hardware was sold at auction anyway, so WE set the prices. I had B1 B2 and B3 blades, I have no problem with the prices I paid because I offered to pay them.
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