Topic: Mining Asics Technologies Question? (Read 7778 times)

The News about MAT and the bankruptcy of MAT

Dear Madam, Sir,
My name is Charlie Spreksel jr. I work as a lawyer at Spreksel advocaten, Maastricht (NL).
As you all know, Mining Asics Technologies B.V. was declared bankrupt on December 30th 2014 by the court of Maastricht, Limburg (NL). Mr. Charles Spreksel sr. was appointed as Trustee (curator) by the court. Me and mr. Spreksel sr. handle this bankruptcy together.
In order to come in as a creditor in the bankruptcy proceedings, we invite all creditors to submit their claim backed up by documents (such as invoice and receipt) only to e-mail address: [email protected].
Unfortunately, at this point there are no assets. We are investigating all circumstances concerning the bankruptcy and we will do all we can to collect as much assets as possible for all creditors.
This Facebook page suggests that some creditors have reasons to believe that the executive director of Mining Asics Technologies B.V. has committed fraud. If you have any information concerning fraud or that you think is relevant and helpful to liquidate the assets and settle the liabilities of the bankrupt company, we ask you to send them only to the e-mail address mentioned above.
Please do not contact us through Facebook and/or this page. Your messages will not be read and will be left unanswered.
Best regards,
Mr. Spreksel jr.
Spreksel advocaten
www.sprekseladvocaten.nl

https://www.facebook.com/groups/352627768251593/

thers no scam so far, i got my machine last month, an excalibur 5 and is hashing straight 250mhz
support was great and reply by mail was fast.
Because of the delay i am still waiting on my second machine, but the first machine is hashing fine.

the only promise of 1900watts of the machine became 2600watts, that was a bit dissapointing.

pictures are on their facebook site: https://www.facebook.com/mining.asics.technologies/posts/1511727302398508

http://cointellect.com/?code=5c9902d4

No trolls here Marshall. Just people who want the truth to come out after so many lies, scams and false promises.

You have yet to deny your role and benefits in brokering a fraudulent deal between MAT and GAW.
If you are personal friends with Josh, then you know Alex.

Bjorn is not here. He would not use the description "bearded gnome" for you. We are glad you enjoyed it.

The latest news on MAT's website is that they are not taking any more orders. A victory resulting from efforts of
40 MAT customers, police and dutch consumer authorities. When you press for the truth, good things happen.

Care to tell the truth of your role in that deal between MAT and GAW Marshall aka FinalHash?

Said an exposed sockpuppet. All you can do is cowardly throw insults from a fake account.

MOB is like a private investigator, keep exposing this piece of turd, he's asking for it. Definitely a friend of Josh's...

Ask and ye shall receive.

Alex Huynh aka atari02 on Bitcointalk

[email protected]

https://bitcointalk.org/index.php?topic=503928.400

As you can see, he appears to close doors with his own reseller business and join GAW's ranks in May 2014.

jesus christ... you guys like to waste my time....

Read above... did i say anything about pre ordering ANYTHING?

Fuck no... i would never recommend pre ordering... EVER...

too many trolls in here tonight HAHAHAHA

TBH, I'm sort of baffled that a "professional" would recommend preordering hardware from MAT.

Just to clarify, you did not make any commission correct?

Jimmothy,

Great questions once again.

as i said idk much about the alcheminer crew tbh bud.  I have heard their name but never took the time to check them out.  But if somebody says, "Hey i will give you hardware for half price" anyone would be an idiot not to say yes right?  Not sure if that is the case here but if you said, hey i will sell you spondoolies hardware for half price... um where do i sign... lol

Now on this elusive GAW deal... not really sure what the deal is with that. Josh and I just really fuck around on skype and phone calls so not too keen on what he buys or not.  But if he asks me who has good hardware i point him in the right place. That is really it.

Bjorn haha i like that man... The Great bearded gnome.... HAHAHAHA... i might actually start going by that... great nickname... And i like it

So this is GAW's elusive Vaultbreaker? A bit short on promised specs isn't it?

This is Marshall Long. The great bearded gnome. He probably has no comment on brokering an incredibly fraudulent deal and benefiting with miner(s) and money, but he's happy to admit he runs one of the biggest "asic hardware consulting firm in the world" and is good friends with the CEO of GAW who paid his "company" to consult on the quality of MAT asics before they buy a large quantity wholesale batch - known to customers that paid for them as 'batch 1' and developed 100% with prepaid customer money.

http://www.youtube.com/watch?v=mzC41q21xcY

Can you honestly say they knew what they got in to?

I am positive that given the chance, anyone/everyone would have ordered their hardware from alcheminer considering they've been selling their hardware from stock for half the $/MH of a MAT preorder for around a month now.


Care to shed some light on this deal you made selling MAT miners to GAW?

Since Josh is a personal friend of yours, are you aware that GAW is almost certainly running a fractional reserve for cloudmining?

Ummm. who the hell is Alex?

IDK an alex at GAW.  Although the CEO of GAW Josh is a personal friend of mine...

Bjorn... can we please just dispense with the pandamonium... what do you want from MAT dude? Its over... just calm down man... damn...

Final Fantasy. I mean Final Hashish. I mean FinalHash. Where are your many many customers with mat machines? It's amazing only 3 people have come forward over 3 weeks. All of them hucksters along with mat. Are you a huckster too? Did you broker a deal for MAT to sell miners to GAW - paid for 5-7 months ago by MAT customers still without miners? Do you know Alex? Maybe you want to comment on brokering a criminal deal? Being complicit in a double-sale of miners prepaid 100% by customers? That's some serious fraud right there committed by MAT that you benefited from. So you come on here and keep up the b.s. so you can broker another deal for MAT?

on: Alex Huynh [mailto:[email protected]]
Gesendet: Donnerstag, 7. August 2014 13:04
An: MA Technologies
Betreff: Re: Largest miner distributor in USA - www.gawminers.com

Hi,

Sorry it's been a while. We have been very busy. We are now the biggest mining equipment seller in the USA.

I would like to know when is eta for delivery of your miners. We are interested in reselling your equipment. With our brand and trust from customers we can push large volumes of your miners. Provided they ship on time.

Please give me some indication of volume discount. Say we buy from 20 - 100 units.

Let me know asap, thanks.

Alex
--------

Von: Alex Huynh [mailto:[email protected]]
Gesendet: Donnerstag, 26. Juni 2014 16:52
An: [email protected]
Betreff: Largest miner distributor in USA - www.gawminers.com


Hi,

Let me introduce myself, I am Alex, and I am a co-founcer of www.gawminers.com.

We are the biggest reseller of mining equipment in the USA and growing by the day. Check out our alexa ranking:

http://www.alexa.com/siteinfo/gawminers.com

We have over 5,000 visits a day and do over $1m in sales a week.

We would like to be an exclusive reseller of your products in North and South America.

Please get back to me asap and let me know how we can work together. Then we can immediately put your miners up for sale on our website and give you greater exposure for your product.

Alex

Biffa,

All good points bud. As far as the bitmine stuff you are right... the other reality of that deal was that they ran out of money.  Also, a tapeout of this chip is not $4M... that is propstorous.  Usually it hovers around $3M. However, idk those guys at all as i have said. So who knows.

At any rate.  Disregarding the regurgitation from facebook, you are right. People DO have a right to be pissed off. However, folks knew what they go into also.  Hardware is hard.  However, i do not see folks pissing all over everything about alcheminer.  Although ive not been on bitcointalk all that much. If i am wrong here some links for my own education would be welcomed for sure.

Going forward, i know many people have received their machines. Many of my customers have them. MANY MANY.  And as far as shipping from china, idk how that would work because the ones that i received were shipped from amsterdam so not sure there. 

I will be going to the lab today to do some final numbers on hashrate and power numbers.

Original post from Renton Bonaventura https://www.facebook.com/profile.php?id=100006321996927&fref=nf
https://www.facebook.com/groups/352627768251593/permalink/352752534905783/
The Alcheminer-MAT Game in greater detail:
 MAT agreed with alcheminer to a joint production venture with the figure something around 2M $ for the development. It was a shared deal 50% - 50%. But MAT does not have any rights in the IP (asic chip design). For the 2M $ there are included 50K Asic Chips with own MAT Logo - that's why the alcheminer chip and MAT chip are identical. The chip is the same as the Alcheminer Chip! With 50K Chips you can make 195 miners, each with 256 asics inside, but of course still there are additional costs for the whole miner manufacturing, case, boards, software, controller board... of about over 800$ each.

But now the latest news:
 MAT doesn't even have the 2M$, so MAT received around the end of September only 10K chips. Nothing more - because all money from preorders was invested only in the development of the asics, not in the miners itself.

Now after the GAW miner deal, MAT had some money to pay for the last 40K asics and to the manufacturer of the miners. Thats why MAT still doesn't have miners... because MAT shipped all miners to GAW (Marshall Long as commission for the GAW deal), another cloudmining company, and 3 or 4 customers.

 To ship or make refunds for all customers MAT needs to raise more than 1,3M$. But the margins of selling the miners now are too low to make a profit of 1,3M$.

The Alcheminer-Mining Asics Technolgies Hardware Game in greater detail:

MAT agreed with alcheminer to a joint production venture with the figure something around 2M $ for the development. It was a shared deal 50% - 50%. But MAT does not have any rights to the IP (asic chip design). The 2M$ included 50K Asic Chips with own MAT Logo - that's why the alcheminer chip and MAT chip are identical. The chip is the same as the Alcheminer Chip! With 50K Chips you can make 195 miners, each with 256 asics inside, but of course still there are additional costs for the whole miner manufacturing, case, boards, software, controller board... of about over 800$ each.

But now the latest news:
MAT doesn't even have the 2M$, so MAT received around the end of September only 10K chips. Nothing more - because all money from preorders was invested only in the development of the asics, not in the miners itself.

Now after the GAW miner deal, MAT had some money to pay for the last 40K asics and to the manufacturer of the miners. Thats why MAT still doesn't have miners... because MAT shipped all miners to GAW (Marshall Long of FinalHash as commission for the GAW deal), another cloudmining company, and 3 or 4 customers.
To ship or make refunds for all customers MAT needs to raise more than 1,3M$. But the margins of selling the miners now are too low to make a profit of 1,3M$.

https://www.facebook.com/groups/352627768251593/

Excalibur 4 250Mh/s cost 7.499 on July 08,2014. MAT ship on November 2014 a Miner of cost 3.099 !!! (A 4.400 USD Dif.).
Probably MAT buys rebranded Alchemist at 3.099-20%=2.479USD (which had already sold) and sent to customers (if indeed sent them)!!!

Sorry "bud" but the more you type, the more you really come across as not having a clue. All you are doing is spouting off bits and pieces of non-technical hearsay you have picked up listening to others.

If you are so buddy buddy with Innosilicon you would know that they were contracted to make the A1 for Bitmine and had a non-compete agreement for a specific amount of time. Unfortunately Bitmine were so monumentally incompetent and building a working miner around the chip (I mean months!) that the clock ran out on the non-compete agreement and Innosilicon were free to sell their own and to OEMs. Go check the Bitmine thread if you want to see a bunch of unhappy customers.

It matters because MAT set themselves up to be making their own chips, priced their products accordingly, set an unrealistic, aggressive schedule knowing full well they wouldn't be able to keep it, then tried to resell someone elses products as their own.

MAT is no better than AMT in my books. Just a reseller of other peoples tech who took loads of overpriced pre-orders and didn't deliver citing production issues for a non-existent production line. Horrendous communications with customers, shill accounts, lies and deception.

What he should have done is just been straight from the start, told people he was just going to screenprint his logo on other peoples hardware, but its hard to run the sort of scam that he has run and get the pre-order cash in his pocket that he has without pretending to be a chip manufacturer and developer rather than just a box shifter of OEM systems.

Thats how its played out in these threads, and that's why people are rightly pissed off. Too many customers have been ripped off by these "ASIC" sellers. Most of us understand the difficulties in starting your own business and sympathise with an actual manufacturer having tape-out issues or pcb redesigns, but even then people have their limits, hence the lawsuits and federal investigations around Bitmine, BFL, Hashfast, KnC etc. So when someone comes along pretending to be of that level of production but really isn't then it makes it even worse.

It really does matter because both companies are claiming to have designed/manufactured the hardware.

As I'm sure you know, it takes millions of dollars to design and manufacture 28nm hardware (alcheminer says $4million). You can't just pretend to have that much skin in the game and take preorders based on the illusion that you need it for NRE/production costs.

The coincraft case is special because Bitmine did actually commission innosilicon to make their chip, they just didn't have an exclusivity agreement which screwed them over.

Companies are free to rebrand/resell hardware as long as they are honest about it.

From the looks of it, MAT charged/is still charging way more than what alcheminer is charging so they could basically just dropship the hardware for a massive profit.

Jimmothy.

Good links for sure...

However may i refer you here.  https://bitcointalksearch.org/topic/havelock-alcheminer-scrypt-asic-565415

This is well after the FPGA prototype had been finished.  Which means that alcheminer white labeled the MAT gear.  This is a VERY VERY common practice in tech period.

http://www.topbitcoinmininghardware.com/war-machine-gaw-miners/

We all know that is a zues miner right?

Another thing to keep in mind.  Other companies do tape outs...

Let me give you an example...
Remember this thing?  http://bitmine.ch/coincraft-28nm-asic/
This was done by a company called Innosilicon.  I have visited Innosilicon in china personally.  And the owners are now good friends of mine.  However, Innosilicon also made their own chip... called the A1.  In fact it is the same chip. Also, they made something called a2.  Which is a beast mode scrypt miner.  But regardless who cares. 

So my question to you is how does this matter in anyway?  Regardless on who made the chipset.  I am looking at this purely from an objective standpoint.  Does it matter who is using whose stuff?  I mean if innosilicon would give me free chips and let me laser over it and put my face on it i would.  Because let's be honest... a chip with my face on it would be BITCHIN!... lol

Using the same case as another company is not a problem. However they aren't just using the exact same case, it's the exact same hardware.

Compare these two videos and it should become clear:

http://vimeo.com/104902360

https://www.youtube.com/watch?v=5q7KHmSiAbQ

Andre good observations.  However, let me add a counter point if i can.

Cases look the same for a reason... racks have a specific dimension which restricts you to a specific form factor.  No company makes their own enclosures. 

If you would like to see proof of this check out these machines
innosilicon a2 (this one is a little odd butt pretty close)
ZuesMiner Thunder X3
Cointerra 1st gen
and the list goes on... all have almost identical cases... for a reason... as far as shipping boxes.  If the form factor is the same you are gonna use the same box dimensions right?

Now on the software note.  Many companies use the same software bud.
there was a really sick sick image that these guys made called scripta. That is a gr8 example. The gridseeds and gen1 inno boxes had this. I personally run it on my zuesminers
Why is this you ask?  It is easier and simpler and who cares about the gui in the grand scheme of things right?

Tell me your thoughts on what i've said here. Just merely providing an objective look on your astute observations.

You know i will bud.  I am currently on a plane.  When i get back to Houston i will go to the lab and get some good videos if i do it without falling asleep.  I will do this almost assuredly in the morning though either way.

Good questions notlisted.

So the titanium i know was pushed back in the dev phase because at the time it was more profitable for folks to make money with scrypt (and fyi still is). However, ive got no clue on that side tbh.  Here is the other thing. Just some edification for you bud.  Scrypt chips generally take longer and are most pricey than sha chips.  This is simply due to the scrypt chips having ram on the chip. Ram is expensive. Just like a girlfriend... HAHAHA. So realistically man btc chips are a dime a dozen.  I know that changes nothing but just some cool info for ya.

Secondly, can you maybe reiterate through what you mean by the half question?  Im in the air omw home and tired as hell and my brain can't quite process that question. 

Let me know bud

So MAT is selling third-party hardware and claiming it's their own? Oh yes please scam more.

For the ones interested:

The manufacturer of ALL Alcheminer / MAT units is Tailyn Technologies, Inc ([email protected]).
I've posted about Alcheminer before under another username here and on litecointalk.
I just found the invoice from the FIRST 96MH unit that was sent directly from the factory because they were still setting up their shipping system.

It's listed on the invoice and box as GF98S-0002-A311AAA (96Mh/s Alchemist WITH 4 DAUGHTER BOARD)
I received a 256MH unit as well, that had an invoice by Alcheminer themselves. (Box is downstairs, so can't check number)

If you checked my/others post you'll notice the shipping boxes are even 100% identical.
If MAT had manufactured these units themselves (even if just the case itself was the same), wouldn't it be logical if another box was used?

Besides that (check for yourself), the software is 100% identical.

If requested, i can scan the invoice. Just have to censor the name it's sent to, etc.


(Johan) Andre

The Titanium was never developed or designed. There was just the plan to design the Bitcoin miner Titanium... but since of April / May there was no progress in any development of a bitcoin asic miner......

Gesendet: Donnerstag, 11. September 2014 09:17
An: [email protected]
Betreff: Partnerschaft auf Webseite/Chipentwicklung
Wichtigkeit: Hoch

Hallo Herr Coumans,
da wir seit einiger Zeit selbst auf Anrufe keine Antworten von Ihnen erhalten haben, gehen wir davon aus, dass Sie keinen Chip mit uns entwickeln werden.

Daher möchten wir Sie bitten die Referenz auf uns als Partner auf Ihrer Webseite zeitnah zu löschen.

Sie suggerieren weiterhin eine Chipentwicklung auf Basis unseres Namens da es aber keine Projekt gibt können wir dies nicht akzeptieren.


Best regards/Mit freundlichen Grüßen

________________________________
Dream Chip Technologies GmbH
Director Business Development
Steinriede 10
30827 Garbsen
Web: www.dreamchip.de

Did you happen to get answer on the TITANIUM 2?  Was it put on hold? (I like BTC gear).

I am also curious as a customer on scrypt when you mention 1/2 of chips are not yours.  I would like to be able to compare what other 1/2 of chips you didn't get.  Can you ask someone who they were sent to?  It just seems like you would know who you split the chips with.

(Both meant as legitimate questions not trying to stir trouble on chips, just as a possible customer I think it's fair to know).

Please post hashrate and power usage!

Steve-o

Good post bud. TBH i am unsure if he shared his design, however what i do know is that this chip to me personally is a new one.  I personally did nothing with alcheminer so i can neither confirm nor deny.  But what i do know is is that the chip is a solid one. And a new one to me personally.  I have devved on i would say 90% of the scrypt chips and never seen this one or something similar to it.

So take that for what it's worth.  Overall, im pretty satisfied with the machine.  It is a bit power hungry but no more than necessary i'd say.  In any tape out it is almost impossible to pin point exactly what the power usage will be.  But this chip out performs any that i personally have devved on.

Got any other questions bud?

Out of sheer curiosity - what you're stating there (emphasis mine) alludes to something that has been speculated on in other threads; that the chip/miner design is shared with, or perhaps even designed by, another entity.^[1][2]  Would you have any information on whether that is the case and, if so, whether that other entity would be the Alcheminer mentioned in that other thread those other threads?

[1] https://bitcointalksearch.org/topic/m.9366849
[2] https://bitcointalksearch.org/topic/m.9372755

MAT got only 50K Chips from their partner – thats all and not 1 chip more!!! The whole first production was 100K Chips. From this 100K MAT received only 50K with own MAT package.
As this Asics are 40nm there are 25 wafers in each lot. Each lot have arount 33.333 chips per lot!!
3 lots are 100K Chips
Each miner 256 chips = 195 Miners!!!
Nobody gets his miners ( exept 3 or 4 lapdog customers, GAW, Marshall, and another cloudmining company ) or refunds because there isn’t any money at MAT since several month now!

If I were you I would stop the bullshit. I know the deal with GAW happened and I know you got your miners. You and GAW should send them back ASAP to the rightful owners, the customers who ordered and paid for those machines over a half year ago. Police and Europol are already investigating Marcs fraud company and him. They will easily find out he double selled those machines to GAW and the other Cloud Mining Company- as you know!!!!, and that you made it possible. They will also find out that you were paid ( your 5% commission) for this in miners. Stop NOW!!! before you loose your reputation, cause thats all you got.
I have to think to post maybe some contracts soon..........

Bjorn at this point it is a moot point bud. 

And how can it be that they only made 195? That is such an odd number just from a regular tapeout standpoint.  Tapeouts come in 25 wafer increments. So how does 195 even make sense bud?

At the end of the day none of this matters. Everybody is getting machines and refunds and all the normal stuff. So everybody just calm down. If you have a question for refunds or whatever just call marc. He is taking phone calls everyday.

Instead of wasting everybody's time posting blah blah blah just call him.

Hi, Im Björn EX CMO of MAT and I want to clearify several points here!
1.   I never changes any passwords of FB accounts or google plus, because I created them with my own passwords from the beginning!!! Again a lie from Marc Coumans!
2.   I never took any emails accounts from Marc, because MARC COUMANS  only have the passwords for all email account and the website. The second lie from Marc Coumans!
3.   These machines are real, but MAT did only produce 195 miners. That’s all!!!! There are no more miners there!!! This miners did receive now GAW, and some others but not the customers paid long    time ago for them!

So now are already 4 customers received their miners.
Where are the miners??? MAT did only produce 195 miners and all miners are shipped!!! 150 GAW? 15 Marshall ? 10 ? 3 customers each only 1 ? and the others?

According to information revealed on fb by the former cmo of mat Bjorn Deinecker, finalhash brokered a deal between MAT and GAW miners that gave finalhash a 5-10% commission and the miner you see in the photos. Mat sold miners to GAW for their remote mining operation that were paid for by customers...in other words double-selling products to raise capital to either do it again or pay out the hundreds of thousands they owe in refunds. Either way that is incredibly illegal if true. The Bjorn identity will continue to reveal more information here:

https://www.facebook.com/groups/278122635720456/

The old group was deleted by a customer who was probably threatened by finalhash or the handful of sock puppets supporting mat. So far only 4 or 5 miners have actually been delivered out of 400-500 orders and only to the ceo's friends. Two refunds have been made according to customers on the former group. Visit that group for updated information.

This also appeared today...

http://minerdesk.com/information-for-all-mat-mining-asics-technologies-b-v-customers/

https://www.youtube.com/watch?v=mzC41q21xcY

Just watch it jesus christ.

Very trust worthy from a newbie account. And you are perhaps the same person behind the 3 new FB accounts against MAT as well....

For the dozens of customers expecting refunds for months, report the company here:

https://www.acm.nl/en/contact/tip-offs-or-indications/tip-off/

Marc owes hundreds of thousands of Euros in refunds and hasn't paid. It's possible he paid 1 refund to a guy waiting 5 months.

Dutch Police and Europol are already involved and if Marc and MAT are legit he can prove it with financial records showing solvency to refund customers.

If you invest in this company, do so at your own risk!!! Expect lots of lies from Marc and a horrible experience. Will you get your miner if you place an order...only if he's legit and not in jail first.

Information for all MAT customers:
 http://minerdesk.com/information-for-all-mat-mining-asics-technologies-b-v-customers/

I got my Excalibur 5 as well and my second is send today. I will do a followup when both are up running.

Yep so Excalibur one is essentially just 1 of those PCB's I can get a few pics when i get back to houston.  In Charleston now. Be back later in the week. Be glad to post more stuff if you want bud.

Date registered... You feeling sick road stress?

Just because i made this account in sept. doesnt mean a damn thing...

By all means go look up finalhash. (Our site is wack) but hell look me up. Don't have anything to hide at all.

Hell if you even want to meet me i will be speaking at www.LaBitconf.com  (latin american bitcoin conference)

So, now if you would like to enjoy a productive conversation and get Bjorn's face out of your butt that would be great.

What kind of questions do you have? I would be more than happy to answer them.  And hell i'll even take videos of everything or send some units out.  Makes no difference to me.

Having a couple of units while there are so many unanswered questions is still a BIG RED FLAG! Don't get fooled!

Also:

It would depend on price .  I'm always looking to expand just has to be at right price.

Yet another one question: are there any real photos of EXCALIBUR 1 – ASIC SCRYPT MINER 40 MH/s? Weight 3 kg, power consumption 160 Wt... I'd like to buy it. IF this is not a scam company.

Great question. I do not have a titanium in right now. Last i talked to marc about Sha gear he had put priority on the excalibur stuff because the btc diff was going through the roof.  I will ask him on our call tomorrow for you though. however, to be honest with all the stupidity that has been online lately that is 100% just that... I would bet that the move will probably be just to go down the scrypt route and not tape more wafers for sha.  Because right now scrypt stuff is way more profitable for the price of the hardware.

Were you looking at getting one?

As i said ive not talked to him about the sha gear for a good 3 months or so.

Can you take a picture of the TITANIUM 2? https://www.mining-asics-technologies.com/product/titanium-2-asic-bitcoin-miner-6-ths-super-low-power/#additional_information

Shows 6TH using  2 x 1100W included!.   And shipping Batch 2: Shipments will start in September/October 2014.

Seems like to good to be true.

Ok this has gone on far enough.

My name is Marshall CTO of FinalHash. You may know my company from running the Biggest Mining conference called Hashers United. 

Here is the end all be all of what is really up with MAT.

First off let me preface this by saying that I have been personally working on this project with Marc for quite some time.  You may also know that FinalHash has consulted on many many scrypt asics.  Including some of the most popular ones on the market right now.

Here is really what happened.  Roadstress got a message I'm sure from marc's old partner Bjorn.  Bjorn went off the deep end around 2 months ago.  He changed the facebook password, google plus password, twitter, and even took over marc's email for some time.  I can personally verify this because i jumped on the smtp server and changed everything.  Bjorn has been going around to many people saying all these retarded things like, Oh the machines are not real blah blah blah.  Whatever.  Regardless of all this crap, I am here to say none of this stupidity floating around is even close to being true.


Firstly,  I have several MAT machines right now.  Don't think this is real?  Here is a picture i literally took 5 minutes ago, with my freaking face in it so you know it is not bs.  So first myth floating around is that the machines are not real... well hate to break it to all the nay sayers but Myth Busted.

Secondly,  Saying that customers will not get their refunds... For whoever wants a refund, just freaking email marc and tell him you want one.  It is not hard.  Not sure why you would want a refund but whatever.

And on the statement of machines available... clearly that is not the case as I PERSONALLY have many many machines.

So regardless of all the BS floating around here are the facts. Cold and hard.

The machines are real. They are shipping now. And an old partner of MAT has gone rogue. Period.

Now on to something on a productive note.  I will be releasing a full spec sheet verified by FinalHash on this machine THIS WEEK.
P.S. Nothing bad on RoadStress's part. He I'm sure was just passing along a message that he felt was credible. Which up until this point he probably thought was true. No harm no foul.  This is why I am speaking up.  Too Much BS in the air.

The whole point of buying your own hardware is being able to control where its mined. By mining alt coins id say its more likely to ROI or by merged mining which cloud hashing and services like that may not do. Has MAT ever released ANY miners?

Ahmed

Why do you need to know what is done with your hashpower? It can't be used for any frauds anyway, just mining.
Anyway, if you want to buy a miner MAT is one of the worst choices. They were supposed to have the miners ready for shipping months ago.

the whole reason i want some asics is so i can mine on my own pools. it also means i know who has my hashpower, if its real and allows me to control whats done with it

Dunno. I'm not sure why you'd want to really, as long as they payout on time.  But even with cloud mining, getting any ROI at all isn't a sure thing.   The Bitcoin price has to go up really.   

and how many cloud mining companies allow you to use your own pools?

Unless you have cheap electricity and a good place to mine (like your own datacenter), I think cloud mining is the best option at the moment.   

Hmm I know the life-force pools owner. Atleast the one that used to hang out on the alt coin pool op IRC chan on free node: legitpools. I'd be more inclined to actually believe him than not to. Still a tough decision, Especially since no one else has reported receiving it.

Ahmed

That post was started by someone who registered just 1 month ago. That should raise a flag. Also (I haven't read the topic) is he the only one that received a miner from MAT? Also this post is in the BTC Hardware section so I am replying for BTC miners (yes I saw excalibur in OP).

That may or may not actually be true (some people aren't quite convinced).

See pre-existing topic here: Alternate cryptocurrencies > Mining (Altcoins) :: First Impressions - Mining-asics-technologies.com 250 MH/s Excaliber Miner

Nobody has received any miner from them. I believe them to be a scam. Don't send them any money until you have some real solid proof of the device actually existing.

Has anyone from here ever bought any of Mining Asics Technologies previous miners? How well do they run and how do you think they'll compare to the excaliber 5? I'm looking to buy some scrypt hash and so I figured i may aswell ask here first.


Ahmed