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Topic: iBelink DM11G - 10800mhs - $6750 - clarification - BUY HERE - page 3. (Read 13633 times)

member
Activity: 402
Merit: 10
http://106.120.52.201:7903/static/

This is the P2Pool node that we are running here in Beijing in the iBeLink. We will be bringing you more information as we can document everything we have covered on this visit.
hero member
Activity: 868
Merit: 517
The P2Pool URL came back online a couple of hours ago. 
http://106.120.52.201:7903/static/

legendary
Activity: 1894
Merit: 1087
take a look at some pics guys:








sr. member
Activity: 306
Merit: 251
I would buy one or more right now if the price was $12000 to $15000 each.
Does anyone have a theory why they want buyers to have such a lottery win ?
If you were the manufacturer and your costs were returned in 14 days of running each unit, why do you want the hassle of selling and shipping, why not just run them yourself?


You will not get return in 14 days. Your single or 2 units are competing against large miners who may have 100 of these, remember that when factoring in your ROI.
newbie
Activity: 37
Merit: 0
I would buy one or more right now if the price was $12000 to $15000 each.
Does anyone have a theory why they want buyers to have such a lottery win ?
If you were the manufacturer and your costs were returned in 14 days of running each unit, why do you want the hassle of selling and shipping, why not just run them yourself?
sr. member
Activity: 306
Merit: 251
Why the three months to shipment?   Bitbaza.com states that an order for the DM11G "will be shipped to your address directly from China through DHL/UPS" and "should take one to two weeks for your order to reach you" 

Of course, I don't like to pay any more than I have to, but if I can have my miners in hand in 1-2 weeks versus the 3 months for a difference of $750, then paying the $7500 to bitbaza.com is far better to ROI if deliveries are as stated.



SO keep in mind that if they have production issues they may push it out. 90 days is the target today but based on the hash rate, these things were not maintaining 10.8 and were closer to 7.5. Still a good achievement but not at their advertised rate.
legendary
Activity: 1894
Merit: 1087
Why the three months to shipment?   Bitbaza.com states that an order for the DM11G "will be shipped to your address directly from China through DHL/UPS" and "should take one to two weeks for your order to reach you" 

Of course, I don't like to pay any more than I have to, but if I can have my miners in hand in 1-2 weeks versus the 3 months for a difference of $750, then paying the $7500 to bitbaza.com is far better to ROI if deliveries are as stated.



shipped from china in 3 months.......then 1 or 2 weeks to reach..... thanks
newbie
Activity: 17
Merit: 0
Why the three months to shipment?   Bitbaza.com states that an order for the DM11G "will be shipped to your address directly from China through DHL/UPS" and "should take one to two weeks for your order to reach you" 

Of course, I don't like to pay any more than I have to, but if I can have my miners in hand in 1-2 weeks versus the 3 months for a difference of $750, then paying the $7500 to bitbaza.com is far better to ROI if deliveries are as stated.

legendary
Activity: 1894
Merit: 1087
What is the current count of units sold?  \

Will this group buy happen, or at risk?

several forum members have already ordered,

yes this order looks like it is going through

newbie
Activity: 17
Merit: 0
What is the current count of units sold?  \

Will this group buy happen, or at risk?
legendary
Activity: 1894
Merit: 1087
Time is running out people,

Jump aboard the bittawm buss
legendary
Activity: 812
Merit: 1000
1 unit for me if i'm not too late..
hero member
Activity: 868
Merit: 517
The last URL I had for the miner was: http://106.120.52.201:7903/static/

It is not there anymore.  Anyone have an updated URL for the 11g?  

I will be watching with interest, but I am going to beg off and not get involved with the iBelink purchase at this point.  

Too much secrecy, back channel deals, and god knows what else is going on.  I will run off and mine some other stuff and watch to see if the iBelink ships anywhere near on time and if it even hashes close to the advertised rate.  

Last I saw the 11g online it was only hashing 6.8-7.4gh and it didn't seem healthy... That was just before it vanished from the network.  So it doesn't even look like they have this thing sorted out yet.  So this will be fun to watch.  

sr. member
Activity: 489
Merit: 253

The secrecy, misrepresentation of facts and lack of disclosure in this Group Buy should create doubts in any reasonable person shelling out $6700.  


Good luck and I hope everyone gets the gear they want.

this ^^ too much secrecy and lack of transparency from the get-go for me! plus that miner dosent even DO 10gh/s and is 90 days+ away, meh, Good Luck to all! Smiley

Still worth it even if its 7.5gh/s -10.8, im sure they will do their due diligence in china.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~

The secrecy, misrepresentation of facts and lack of disclosure in this Group Buy should create doubts in any reasonable person shelling out $6700.  


Good luck and I hope everyone gets the gear they want.

this ^^ too much secrecy and lack of transparency from the get-go for me! plus that miner dosent even DO 10gh/s and is 90 days+ away, meh, Good Luck to all! Smiley
legendary
Activity: 1894
Merit: 1087
Hey guys long time lurker here, is it too late for me to reserve 1?

of course not
newbie
Activity: 13
Merit: 0
Hey guys long time lurker here, is it too late for me to reserve 1?
legendary
Activity: 980
Merit: 1001
aka "whocares"
I have removed our Group Buy after discussing it with philipma1957 as well as others.  We believe the risk of the Group Buy outweighs the potential payout.  Having said that we (our Group, not philipma1957) believe the way in which this Group Buy has been done is not ideal.  

The secrecy, misrepresentation of facts and lack of disclosure in this Group Buy should create doubts in any reasonable person shelling out $6700.  

I think that having Blazed do the Escrow is a great idea.

Good luck and I hope everyone gets the gear they want.
legendary
Activity: 1894
Merit: 1087
I have spoken with Buck and mindtrip about the situation. I had them verify some funds via signed wallets and have agreed to escrow if anyone is interested.

-I have verified at a minimum they hold $275k worth of Dash and BTC
-They have the funds to meet the minimum order of 100 easy with the other buyer
-I can escrow the remaining orders: pre-orders send coins to me and once they provide proof of purchase I release the funds etc..
-I obviously can not guarantee the manufacturer will meet any deadlines and will not screw the buyers - everyone knows how these go by now.

Proof this is me: https://bitcointalksearch.org/topic/m.10822025 (1BLazedp2eGDrDM3NMbxkn7n4PCCk6WYVX)

Signing with staked addy from above thread



Blazed 5/3/2017 I am offering to escrow iBelink group buy Escrow Address: 1HbFAsENbUHQRYJxMYepoWPiCTdYKv6osd

G9WNyss6ThzTb32kfffr3J8ZYJLWHKfVgOZqcBVLgkpbiOpNK0Hm26/W4WRLWzi51QuUqUDYbeFwy5a8nOcKFC0=



thank you blazed
legendary
Activity: 2128
Merit: 1119
I have spoken with Buck and mindtrip about the situation. I had them verify some funds via signed wallets and have agreed to escrow if anyone is interested.

-I have verified at a minimum they hold $275k worth of Dash and BTC
-They have the funds to meet the minimum order of 100 easy with the other buyer
-I can escrow the remaining orders: pre-orders send coins to me and once they provide proof of purchase I release the funds etc..
-I obviously can not guarantee the manufacturer will meet any deadlines and will not screw the buyers - everyone knows how these go by now.

Proof this is me: https://bitcointalksearch.org/topic/m.10822025 (1BLazedp2eGDrDM3NMbxkn7n4PCCk6WYVX)

Signing with staked addy from above thread



Blazed 5/3/2017 I am offering to escrow iBelink group buy Escrow Address: 1HbFAsENbUHQRYJxMYepoWPiCTdYKv6osd

G9WNyss6ThzTb32kfffr3J8ZYJLWHKfVgOZqcBVLgkpbiOpNK0Hm26/W4WRLWzi51QuUqUDYbeFwy5a8nOcKFC0=

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