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Topic: iBelink DM11G - Group Buy - Cancelled - page 3. (Read 5721 times)

legendary
Activity: 980
Merit: 1001
aka "whocares"
I am waiting to see about Escrow.  I will update (or the Escrow will update) the list once we have that resolved.
sr. member
Activity: 332
Merit: 251
You can count me in for +1
legendary
Activity: 980
Merit: 1001
aka "whocares"
Regardless if this one happens, I appreciate the way this group buy is handled.  Thank you Kilo for running a transparent and professional process.



Thank you.  I hope it goes though.  Wink



Qing is a very nice guy and has been helpful with every question we have had for him.  If we get to the magic number I will get all questions answered. 
full member
Activity: 121
Merit: 100
Regardless if this one happens, I appreciate the way this group buy is handled.  Thank you Kilo for running a transparent and professional process.

sr. member
Activity: 332
Merit: 251
Well, their response was pretty damn quick.
I quote below

Quote
Thank you for your suggestions. We will address all those concerns when it comes that point. We will open our official web sales to address smaller orders, which is only a matter of time. I hope everyone could wait until we are ready. At this age of information transparency, if anyone tries to just reselling with huge profits without any value added service, I think the chance is pretty small.
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
I've sent an e-mail to the manufactory and address the following topics below.
If they respond i will post it here.

Hi
I have been thinking about a proposal for you to make the mining community.
There has been a lot of speculation regarding your product, trust issues with your company and all.
I think the main concern of everyone that wants to buy your product are:

1-) Is the machine really able to do 10ghs?
2-) Who is the manufactory?
3-) Can we see credentials for the factory?
4-) Who is the CEO and what are his credentials?
5-) Why only sell in lots of 100 and require immediate payment?

Here are my suggestions to you

1- I've seen video of the machine working, i would suggest you setup a time and date and do a live feed, where people can ask questions and the machine be fully tested, that would solve trust issues with the product.

2-) I would suggest you put up your company information, certifications and all so people can see you have a real and trusted company.

3-) Allow an audit so we everyone can know from a third-party company that you have capability of producing these machines.

4-) I've seen some linkedin accounts linked to your name, if it's you I think people would know you are a trusted person because you have worked in big companies before.

5-) Looks like all buyers that signed or wanted to sign contract with you, most of them don't have funds to back it up by themselves, you are selling at 4999 and people are trying to sell at 6750 7500 so they have enough funds to pay you. This has caused MAJOR conflict with the community.
I would think would be MUCH MUCH easier if you opened for single orders or at least lower the minimum to 2-5 units and charged a higher price, this way people would be able to purchase directly from you and not having to go thru the hassle of buying from resellers.

I'm sure if you can take care of those 5 topics above, things will go much smooth and everyone will be happy.
You can start production on the machine.
People can buy your product at reasonable price and not having to worry about it.

In the end EVERYONE IS HAPPY!!!

Sorry for the long post..  

I have sent them similar questions Qing Zhu sent back this

"Thank you for your offer. We are busy with our customers at the moment and will close the preorder in a few days. I love to get back to you to address your guy's concern at some point."

and this

"Will do that for you at some point, but not now"

fwiw
sr. member
Activity: 332
Merit: 251
I've sent an e-mail to the manufactory and address the following topics below.
If they respond i will post it here.

Hi
I have been thinking about a proposal for you to make the mining community.
There has been a lot of speculation regarding your product, trust issues with your company and all.
I think the main concern of everyone that wants to buy your product are:

1-) Is the machine really able to do 10ghs?
2-) Who is the manufactory?
3-) Can we see credentials for the factory?
4-) Who is the CEO and what are his credentials?
5-) Why only sell in lots of 100 and require immediate payment?

Here are my suggestions to you

1- I've seen video of the machine working, i would suggest you setup a time and date and do a live feed, where people can ask questions and the machine be fully tested, that would solve trust issues with the product.

2-) I would suggest you put up your company information, certifications and all so people can see you have a real and trusted company.

3-) Allow an audit so we everyone can know from a third-party company that you have capability of producing these machines.

4-) I've seen some linkedin accounts linked to your name, if it's you I think people would know you are a trusted person because you have worked in big companies before.

5-) Looks like all buyers that signed or wanted to sign contract with you, most of them don't have funds to back it up by themselves, you are selling at 4999 and people are trying to sell at 6750 7500 so they have enough funds to pay you. This has caused MAJOR conflict with the community.
I would think would be MUCH MUCH easier if you opened for single orders or at least lower the minimum to 2-5 units and charged a higher price, this way people would be able to purchase directly from you and not having to go thru the hassle of buying from resellers.

I'm sure if you can take care of those 5 topics above, things will go much smooth and everyone will be happy.
You can start production on the machine.
People can buy your product at reasonable price and not having to worry about it.

In the end EVERYONE IS HAPPY!!!

Well, their response was pretty damn quick.
I quote below

Quote
Thank you for your suggestions. We will address all those concerns when it comes that point. We will open our official web sales to address smaller orders, which is only a matter of time. I hope everyone could wait until we are ready. At this age of information transparency, if anyone tries to just reselling with huge profits without any value added service, I think the chance is pretty small.
newbie
Activity: 25
Merit: 0
2 units for me

Ps: i'm in europe
legendary
Activity: 980
Merit: 1001
aka "whocares"
Replied to email

I appreciate you looking at it.  This kind of commitment requires as many opinions as possible.    
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

note posted in both threads:



I read both threads just now. I commented that I may do the escrow on kilo17's thread before I realized this thread was first.
I was away from home Sunday Monday Tuesday attending an Aunt's funeral.

Okay passing no judgement on bittawm or kilo17

Passing no judgement on the builder.

 Just doing  math  I need an answer to one Question


pretend I pay this friday 5th of may 6700 here.

pretend I pay this friday 5th of may 2500 to kilo17 escrow and then 2500 when item ships.

I need to know lead time  from payment this 5th of may to ship time  are we at a lead-time of 60 days July 5th  or 75 days July 20th  what is that promised time. for ship.

note I am posting this in kilo's thread.

Right now I see 2 people I like and have done deals with good deals.
I see 2 people fighting.

all due to a builder that is asking for a lot of  $$$ upfront.

I don't like to see this.

I don't like seeing us played against on another.

So could some one give me promised date for shipping.



I believe ship dates are prior to July 31.  All of the details are in the contract that I would like to send you to look at (PM sent  Wink) - I will post all the details if you accept being the Escrow.  Without you there really is not much reason to proceed because I am not comfortable with anyone else. 
sent an email and will check over contract
member
Activity: 77
Merit: 10
had just put my money/crypto to another miner last week.
i really want to have one of this DM11G miner too.
i'll try to gather more funds to get one.

btw, the DM11G miner stopped 15min ago.
http://106.120.52.201:7903/static/

legendary
Activity: 980
Merit: 1001
aka "whocares"

note posted in both threads:



I read both threads just now. I commented that I may do the escrow on kilo17's thread before I realized this thread was first.
I was away from home Sunday Monday Tuesday attending an Aunt's funeral.

Okay passing no judgement on bittawm or kilo17

Passing no judgement on the builder.

 Just doing  math  I need an answer to one Question


pretend I pay this friday 5th of may 6700 here.

pretend I pay this friday 5th of may 2500 to kilo17 escrow and then 2500 when item ships.

I need to know lead time  from payment this 5th of may to ship time  are we at a lead-time of 60 days July 5th  or 75 days July 20th  what is that promised time. for ship.

note I am posting this in kilo's thread.

Right now I see 2 people I like and have done deals with good deals.
I see 2 people fighting.

all due to a builder that is asking for a lot of  $$$ upfront.

I don't like to see this.

I don't like seeing us played against on another.

So could some one give me promised date for shipping.



I believe ship dates are prior to July 31.  All of the details are in the contract that I would like to send you to look at (PM sent  Wink) - I will post all the details if you accept being the Escrow.  Without you there really is not much reason to proceed because I am not comfortable with anyone else. 
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'

note posted in both threads:



I read both threads just now. I commented that I may do the escrow on kilo17's thread before I realized this thread was first.
I was away from home Sunday Monday Tuesday attending an Aunt's funeral.

Okay passing no judgement on bittawm or kilo17

Passing no judgement on the builder.

 Just doing  math  I need an answer to one Question


pretend I pay this friday 5th of may 6700 here.

pretend I pay this friday 5th of may 2500 to kilo17 escrow and then 2500 when item ships.

I need to know lead time  from payment this 5th of may to ship time  are we at a lead-time of 60 days July 5th  or 75 days July 20th  what is that promised time. for ship.

note I am posting this in kilo's thread.

Right now I see 2 people I like and have done deals with good deals.
I see 2 people fighting.

all due to a builder that is asking for a lot of  $$$ upfront.

I don't like to see this.

I don't like seeing us played against on another.

So could some one give me promised date for shipping.


legendary
Activity: 980
Merit: 1001
aka "whocares"
Forgot to mention, is anyone from the group going to see the actual product in person to verify? None of the videos show that it is getting a constant 10+ GH or am I not seeing it somewhere and just not spikes?

Edit: Originally the Baikal only did x11 also, and then later, it was able to do X11, X13, X14, X15, Qubit, Quark through an update. Would this iBelink DM11G be able to achieve the same thing? Would hate that it's only limited to just 1 algorithm.

So far watching this miner online it is not hashing anywhere near the advertised 10.8gh.  http://106.120.52.201:7903/static/

Also this isn't iBelink's first miner.  They had a previous model that only supported X11 and that has not changed.  Baikal is just several steps ahead of the iBelink folks in their miner development.  So I don't know that I would count on the iBelink supporting additional protocols.

I know they were having software issues.  Any concerns will be addressed PRIOR to money being transferred.  I will address those with the manufacturer after we hit the 50 unit mark
legendary
Activity: 980
Merit: 1001
aka "whocares"
Damn, i need to see here how liquid i am before i can commit, but i just wanna say i think the way your handling this is much more honest and that users will be in better hands with you (and Phil IF he holds the money)
its a bit concerning personally i have not seen the pool info live over around 8GH, but damn, if they announced "8GH 760 watts" i would STILL be as interested.
why no contact on the forum from them? maybe their account got hacked in one of the old database robberies and they ashamed to/cant recover it haha

greeds a bitch, TY for not needing TWENTY-FOUR FREE MACHINES to organize this! ;p

You are welcome- btw- The $300/unit that is shown for me will remain in escrow until all units are received by the buyers.  It will also be used to cover any expenses like taxes, duties etc.  and maybe a few dollars left over.
hero member
Activity: 868
Merit: 517
Forgot to mention, is anyone from the group going to see the actual product in person to verify? None of the videos show that it is getting a constant 10+ GH or am I not seeing it somewhere and just not spikes?

Edit: Originally the Baikal only did x11 also, and then later, it was able to do X11, X13, X14, X15, Qubit, Quark through an update. Would this iBelink DM11G be able to achieve the same thing? Would hate that it's only limited to just 1 algorithm.

So far watching this miner online it is not hashing anywhere near the advertised 10.8gh.  http://106.120.52.201:7903/static/

Also this isn't iBelink's first miner.  They had a previous model that only supported X11 and that has not changed.  Baikal is just several steps ahead of the iBelink folks in their miner development.  So I don't know that I would count on the iBelink supporting additional protocols.
legendary
Activity: 980
Merit: 1001
aka "whocares"
I am up for 1 unit too, but I think we should buy services of verification like "SGS"

In an ideal world that would be a good idea.   Wink
newbie
Activity: 29
Merit: 0
I am up for 1 unit too, but I think we should buy services of verification like "SGS"
sr. member
Activity: 544
Merit: 250
Forgot to mention, is anyone from the group going to see the actual product in person to verify? None of the videos show that it is getting a constant 10+ GH or am I not seeing it somewhere and just not spikes?

Edit: Originally the Baikal only did x11 also, and then later, it was able to do X11, X13, X14, X15, Qubit, Quark through an update. Would this iBelink DM11G be able to achieve the same thing? Would hate that it's only limited to just 1 algorithm.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Damn, i need to see here how liquid i am before i can commit, but i just wanna say i think the way your handling this is much more honest and that users will be in better hands with you (and Phil IF he holds the money)
its a bit concerning personally i have not seen the pool info live over around 8GH, but damn, if they announced "8GH 760 watts" i would STILL be as interested.
why no contact on the forum from them? maybe their account got hacked in one of the old database robberies and they ashamed to/cant recover it haha

greeds a bitch, TY for not needing TWENTY-FOUR FREE MACHINES to organize this! ;p
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