Topic: HashCоins - Blockchain technologies that work - page 13. (Read 331418 times)

I have outlined in the past how a company can prevent being labeled a scam - unfortunately, 'scam' is the default position a company will find themselves in because so many companies turned out to be thus.  Even if they're not outright take-the-money-and-run, they'll have been take-the-money-and-delay-delay-delay-excuse-delay-promises-delay-excuse-underdeliver-point-to-terms 'scams'.  Sure, that's technically not 'scamming', but it's far from being honest.

And as far as that goes - HashCoins unfortunately have everything going against them, and they're hardly new.  Whether it's posting renders instead of actual images, stating one date but delivering a long time after, claiming certain hash rates with cgminer screenshots that were proven to be altered, slapping badges on existing miners and selling them at a premium, sending review units but with strings attached, selling miners ostensibly based on existing boards and only wanting to explain the difference if you pay $100,000, copy/pasting the KnC terms and conditions and so forth and so on.

Yes, of course, I don't blame them for not wanting to interact on this forum either with everybody just yelling 'scam' - but they really shouldn't be expecting any different; while at the same time, they can remedy it with just a few posts.  If they're unwilling, so be it.  It's when they're unable that people will just continue thinking something's amiss.

I'm sure they have something - just what that something is, whether if lives up to the claims, and whether you'll actually get it in a reasonable amount of time, remains to be seen.

I will bet there is not a big data center of Zeus macines.... this is a silly thing to say.  Zeus was never sent to dogie, I believe they said they were going to do a blade or something and just never happened (please correct me if I'm wrong Dogie). 

If they shipped them a picture would have ended up here or somewhere else.  There simply just is not a Zeus out there.   If you find the data center of them please take a picture for us.

The two miners they shipped they bought chips.   They will not be the first one with next gen chips.  On Ares it appears to be slapped with their sticker on another unit.  Go back and see they had to get chips blacked out so we could not see where they got the chips from.

I admit the issue of the Zeus concerns me as well. Maybe it is true they never developed it, maybe they sold it mainly to non-users of this forum. I don't imagine owners of Chinese data centers (or Russians, as it looks like it is one of their target markets) posting their experience here. But the rest of the data looks correct and legit: more than one year selling gear, they participate in conferences, no threads of angry users, 2 testing units sent to Dogie, realistic price labels on their miners... But in the other hand a lot of noise, a lot of concerned people that have not purchased miners from them. Sometimes I think in this forum people participate in a race to be the first to make a scam accusation on every new thing that moves around.

Please, don't be confused, I don't pretend to be an attorney of the company. I'm just indicating the reasons that took me to buy hardware from them, as I have been accused of taking fees from the company. If I'm finally scammed (I hope not) I will be the first to create a thread titled "Hashcoins have ***ed us!!!". At this point I only pretend to probe that I am a final consumer as the rest. I don't have a Hero condition as many here, but I have a good posting history to support me. And if I can add more proofs I would be happy to do it (don't ask me for my Social Security Number or my wallet private keys, of course   )

EDIT--> To Biffa: May your concerns be appropriate. May my reasons be appropriate as well. The good news is that we will know relatively soon how the company works  . Everybody take their risks when buying a miner, even if you buy from Antminer you don't know if Bitcoin value will drop a 90% the following day. Each one takes different degrees of risk depending on how much money they can risk or the particular needs of the user. In my case, I live in a tiny apartment: I can't manage a big and noisy miner producing tons of heat. I can't host a mining operation with a mess of cables from the PSU as I have frequent visits of friends and landlords and I don't like questions about it. $2200 in 4 boards is a bunch of money, but I can afford it and if I loose it, my life will not be compromised

OK lets take the Apollo miner to start with. Here is something that was basically a couple of hashfast boards strapped into a PC case. Not hard, should be able to sell loads right?

Check this forum, its got some of the most prolific home and small business community miners around, and how many enthusiasts got an Apollo? None, zilch, nada.

OK check ebay, check ebay history, see how many Apollo miners got sold there once they became inefficient, can you guess? Not one. Check the for sale forum here, none there either.

The only person who got an Apollo that I trust recieved it was Dogie, but what I don't believe is that there is anyone else other than a handful of shills and puppet accounts that got anything SHA256 related.

Add to that the chip specs for their high end miners are fantasy land fabrications and None of it adds up.

What does add up is that every person who says they got a rebadged scrypt miner from these guys which is most people who say they got one, or cloud mining (*cough* ponzi *cough*) in lieu of hardware gives hope to suckers, and they don't need many suckers to keep going and making money, just a couple a month who give them a few grand.

Thats why we advise caution and not sending money to some company that promises something thats too good to be true, because it damages the reputation of other bitcoin hardware companies that and the very ecosystem itself. We aren't doing this because we have a grudge or a vendetta against HashCoins, ffs, I'd be first in line as would most of the experienced people on this board, if there really was a machine with the specs of a Uranus actually out there and running.

And then we go to another very interesting debate: Do you really think that we, the private miners, will have access to the next-gen ASICs of the big manufacturers?

That ASICs exist, I don't have any doubt. Companies as KNC and Bitfury have develop new efficient asics. Any news about the release of a final consumer miner? No, in spite they announce in their webpage their brand new technologies. These companies nowadays run their business raising millions of dollars from private capital ventures. Those are long-term investments, so I guess their plan is to produce miners to mine with them privately. They no longer need purchases to be viable. And what about other companies as Bitmain? It has been a long time since they started selling the S5, and what is their brand new miner? A revised S4, even less efficient than the S5. I'm sure they have more efficient asics developed and mining for themselves, but as long as there is a demand of 0.5 W/Ghs we won't touch them.

So I think we will only see next-gen miners from small or medium companies that need preorders and actual purchases to have balanced bills. Companies as Sfards, Hashcoins and others. Both if they develop their own technologies or license technologies from others.

Besides this interesting debate, due to my particular mining requirements (home miner in a small apartment, mid-priced electricity) the Triton is the only solution suitable for me. And the Avalon 4.1, maybe. I took a risk buying them, all of us take our own risks, but after studying the company, I think they will honor my purchase.

They are yet to show a Zeus which isn't that impressive, but I don't think they have shown a single one.  Only one they have sold in BTC has A1 level efficiency which is not good.

It is also interesting how many low level activity people they get to by orders.  With all orders I've seen being to low level accounts, makes me wonder ... just is a odd thing to keep happening.

Jade is spot on with the chip.  They should be shipping any day with Q1 ending.  But no company has this chip currently.  Some are working on it very hard, but I think other bigger companies will have the chips needed done far before hashcoin would ever have their own.

you miss one important point: that 510 Gh/s 0.28W Miner does not exist. If it would exist it would lead the Industry Chart. almost ALL Company's fail to achieve
the w/ghs  the projected. Some of them dramatically. Also long as we don't see them IRL i vote that it is another Unicorn.

If you are going to make such bold statements suggesting I'm receiving some kind of fee or that the miners are overpriced, I suggest you support that statements with proofs or detailed arguments. Otherwise people will think you are just trolling or that you have a personal interest different than helping people.

Maybe you are one of those fortunate people with access to free electricity. The rest of us have to look at efficiencies if we want to play this game. Particularly, a single Triton board pointed to a pool like Clevermining will generate 0.0054 BTC per day. Transformed to the world of bitcoin miners, is like having a 510 Gh/s miner that consumes 144 Watts. In other words, is like having a 0.28 W/Ghs miner. Do you still think they are overpriced?

Remember the names of the people pushing yet another over priced product, for a fee, and it fails to be delivered on time to any specification mentioned by HashCoins you make sure to not believe it the next time the same people spin some other dubious fabricator.

What amount of money are you going to spend on something that can't even break even? The denial in this thread is palatable. Avoid this product and company until they produce a unit that is reviewed by someone other than Adam Allcock preferable someone that doesn't buy and sell product ratings.

In spite I have purchased scrypt miners, what I am talking is about the company Hashcoins. As this is the official thread, for me it makes sense to post here and not anywhere else. Besides, as Dogie and Notlist says, I think when a manufacturer sells both types of miners or dual machines it is better to have all the conversation in the same place. The ideal solution would be to have a “Manufacturers” sub-forum independent of Bitcoin and Alts, but this is not the case…


I agree it would be nice seeing them over here actively and sharing news and updates. However I can’t blame them. If I was running a small but honest company that have been honoring purchases, but in a forum I saw nothing but negative and aggressive comments of people that are not even clients, probably I would refuse to keep posting there and continue to run my business communicating with my clients through the rest of channels.

In spite of that silence, for my peace of mind I see that the company has not gone dark and makes progresses: The real pics of the Uranus, they launched last week a new cloud mining service, they agreed when I asked permission to share the Order Confirmation… Apparently they keep moving forward.

I think in this case it makes sense, the talk of scrypt here is very little for most part.  Their current scrypt gear is just 3 times what others sell for.  So it's just pre-order stuff.

And btc they still sell some very old tech gear (I'm guessing have not seen any pictures of new gear in a while).  But it is also mostly pre-order.

With the main factor being them following up and if they do ship the pre-orders it's really the same conversation.  Q1 is pretty much done, if they do not come out with something soon or at least log in here and say something they will almost certainly be labeled as a scam for sure. 

Maybe so [regarding chips].

I don't think its a problem to discuss scrypt miners in here for companies that sell both types, otherwise we'd dilute the discussion and people needlessly. Same for SFards, their one chip does both so should we split the discussion?

Next update will be extended delays while they wait for the 14nm Lktek chips to be ready.

To be clear I'm talking about the SHA256 miners not the scrypt miners which shouldn't even be a topic of discussion in this part of the forum.

Hopefully we'll find out what's inside these things Q1 2015.  I mean before the end of April.  I mean 6-7 weeks from April 6th.  I mean Soon™ after it ships the first week of "Maybe".  For an order placed March 23rd.

But yes, yay new picture - very Yukonesque

Another new user ordering.   Well either way wish you the best of luck.  Hope all goes well.

Happy Mining..... hopefully

Will do - good luck

---

In the mean time - looks like they launched a cloud mining solution;
https://bitcointalksearch.org/topic/m.11191601

Hi everyone. After reading the whole thread (yes, the 32 pages), I have concluded that in spite of some concerns about the real performance of a particular miner (the Zeus), the company seems legit for me. They have been operating for more than a year, they have sent hardware worldwide, they have sent even 2 testing units to a member of this forum that have been reviewed, and besides a particular case of an unhappy client in this thread, I can’t find dozens of threads of clients blaming the company (as other examples we all have in mind). Frankly, I think the company is delivering the hardware and that many concerns are due to instinctive distrust in new manufacturers and personal interests in other cases.

So I decided to pre-order 4 Triton boards. And as I want to contribute to the community, I will share with you a follow-up of my experience to try to clear the status of the company. To make clear that I am a real purchaser, this is the order confirmation of the 2 first boards: http://i172.photobucket.com/albums/w30/hakkane/Order_5616%20blurred_zps3wjqrx9q.jpg  
I placed the second order on Friday 24, so I still don’t have the confirmation: I will post it as soon as I have it. Tritons are currently preorders, and they indicated me that they plan to start shipping them on May.

Some people may be concerned about I am a newbie in the forum, and thus I can be a fabricated user, as other users have been accused of. For those, I recommend to look at my posting history: you will find high quality posts as a broad analysis of the hash rate evolution https://bitcointalksearch.org/topic/--1018398 (where of course I invite you to participate :-D) or an elaborated guide & review of a miner https://bitcointalksearch.org/topic/guidereview-prospero-x-15-up-to-072wghs-perfect-for-newbies-1022085 I think this kind of posts are not compatible with a false account ;-)

Stay tunned!

I forgot about alcheminer....but from what i understand ? (could be wrong don't jump on me) the machine is OK hardware wise but they are getting i heard only about 200mh rather then close to the 256mh mainly with firmware issues and/or the same pool problems the titan had for 2 months...tweaking at the pool end...i'm also not sure how fast they are getting them 999 units out (1295 with shipping to usa) so another concern

if you have better /more current info please share on the above...but frankly the 1295 IF THE COOPERATIVE EFFORTS on www.litecointalk.org (see thread) pan out....well IT MIGHT be
worth getting a good working miner ..if they are as such at that price for the alcheminer 256 units....but me at 12c kwh again them days are probably past and am just running my current titans to doorstop status

a nice pop to $2 LTC would certainly clarify all this (a guy can hope)

again only thing that caught my eye is a guy stuck with 10 400mh Titans new in box unopened has been dribbling them out on ebay a few at a time ...i think with the 2 he has on auction now he maybe has 4 or 5 left? last ones went for 2.5K i guess looking at my links below

here is the link for those braver then myself with cheap electric

http://www.ebay.com/itm/Brand-New-KNC-Titan-KNCMiner-Titan-Batch-2-Scrypt-ASIC-Litecoin-Dogecoin-Miner-/121627813897?pt=LH_DefaultDomain_0&hash=item1c51952809

the above is #1 on there now

http://www.ebay.com/itm/Brand-New-KNC-Titan-KNCMiner-Titan-Batch-2-Scrypt-ASIC-Litecoin-Dogecoin-Miner-/121627812180?pt=LH_DefaultDomain_0&hash=item1c51952154

the above is #2 on there now

for reference sake the below link is sold titans on ebay that actually went out the door at these prices for those interested

Search: adv tab sold items using term:  KNCMINER TITAN

link:

http://www.ebay.com/sch/i.html?_nkw=kncminer+titan&_in_kw=1&_ex_kw=&_sacat=0&LH_Sold=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=15&_stpos=&_sargn=-1%26saslc%3D1&_salic=1&_sop=12&_dmd=1&_ipg=50&LH_Complete=1

Search: adv tab sold items using term: KNC TITAN

link:

http://www.ebay.com/sch/i.html?_odkw=kncminer+titan&_sop=12&_sadis=15&_dmd=1&LH_Complete=1&LH_Sold=1&_osacat=0&_ipg=50&_from=R40&_trksid=p2045573.m570.l1313.TR2.TRC0.A0.H0.Xknc+titan.TRS0&_nkw=knc+titan&_sacat=0

so it goes...just so folk see where I'm coming from on these prices...others can chime in on what they see from other manufacture's of scrypt miners etc etc

again just for reference above for anyone interested (or not my expertise is lacking limited...just from what i can tell)