Author

Topic: Mining companies reneging. Canaan? (Read 221 times)

newbie
Activity: 60
Merit: 0
January 03, 2018, 04:10:54 PM
#19

Dude I’m holding out for either Steve Mosher or whoever the Hell at Miner Warez to come
Correct.

Right on man.  I hope they do you right!
newbie
Activity: 70
Merit: 0
January 03, 2018, 03:09:49 PM
#18

Well, you’re right. Thanks for understanding. I guess that’s all I wanted 😂😂



I think MinerWarez runs a large farm in Quincy Washington - you think his farm got screwed too?  prolly not.

Dude I’m holding out for either Steve Mosher or whoever the Hell at Miner Warez to come
Correct.
newbie
Activity: 60
Merit: 0
January 03, 2018, 02:40:20 PM
#17

Well, you’re right. Thanks for understanding. I guess that’s all I wanted 😂😂



I think MinerWarez runs a large farm in Quincy Washington - you think his farm got screwed too?  prolly not.
newbie
Activity: 70
Merit: 0
January 03, 2018, 02:38:56 PM
#16

So get a refund and buy 2 S9s for the same price I should’ve been able to get 6 741s at?

That’s the Reneg I’m talking about.

Absolutely. I agree with you, I should have my miners already and that’s the problem. They’re screwing me
In a big way here

So you ordered in October, and expected delivery in early December.  And in that space of time, the demand for miners has spiked and the cost of miners has risen.

And if you'd received mines on time you would have mined X bitcoin.  But right now, you've got nothing but empty promises.

Did you pay with credit card?  If so, I'd check on the timeframe your card issuer will allow you to charge back.  You definitely got the short straw.  I don't know what else to tell you.  Wish in one hand and shit in the other, and which one fills up faster.  You got a shitty deal, but time is money here.

Well, you’re right. Thanks for understanding. I guess that’s all I wanted 😂😂

newbie
Activity: 60
Merit: 0
January 03, 2018, 02:32:15 PM
#15

So get a refund and buy 2 S9s for the same price I should’ve been able to get 6 741s at?

That’s the Reneg I’m talking about.

Absolutely. I agree with you, I should have my miners already and that’s the problem. They’re screwing me
In a big way here

So you ordered in October, and expected delivery in early December.  And in that space of time, the demand for miners has spiked and the cost of miners has risen.

And if you'd received mines on time you would have mined X bitcoin.  But right now, you've got nothing but empty promises.

Did you pay with credit card?  If so, I'd check on the timeframe your card issuer will allow you to charge back.  You definitely got the short straw.  I don't know what else to tell you.  Wish in one hand and shit in the other, and which one fills up faster.  You got a shitty deal, but time is money here.
newbie
Activity: 70
Merit: 0
January 03, 2018, 01:21:04 PM
#14

They said they’re going to offer a discount on the 821s but I don’t know how much of one. I do know it comes with a 3 month wait however.

I'd get a refund and move on.  I think there's a ton of hash power that's going to come online in the next three months, and you'll be underwater on the device.  You have to add some contingency time to that 3 months, so it's more like 4 months for budgetary purposes.

So get a refund and buy 2 S9s for the same price I should’ve been able to get 6 741s at?

That’s the Reneg I’m talking about.

Absolutely. I agree with you, I should have my miners already and that’s the problem. They’re screwing me
In a big way here
newbie
Activity: 60
Merit: 0
January 03, 2018, 01:15:39 PM
#13

They said they’re going to offer a discount on the 821s but I don’t know how much of one. I do know it comes with a 3 month wait however.

I'd get a refund and move on.  I think there's a ton of hash power that's going to come online in the next three months, and you'll be underwater on the device.  You have to add some contingency time to that 3 months, so it's more like 4 months for budgetary purposes.
legendary
Activity: 1302
Merit: 1068
January 03, 2018, 12:57:48 PM
#12

I’m taking the Holidays into count here. But like I stated I did order them in October.

Also, I don’t think they’re saying ADIOS! I think they’re saying hey, I know you paid for 43.8 TH but we can’t fill that orders here’s an 11TH machine I doubt they’re going to offer me 4 of these to get 44 TH for what I PAID FOR 6 Avalon 741s considering they’ve upped the price on those 3 times since I placed my order.


Welp, you may be 100% right and i know the feeling of urgency generated from deprecating profits. I guess its more or less the same emotional issue from waiting for Months for ZOTAC to even acknowledge my RMA request Tongue

I guess you're right, they should give you the same hashrate at better efficiency, but i'm not sure Canaan policies are that nice. Hopefully they offer you discounted 821 to fill the order...

They said they’re going to offer a discount on the 821s but I don’t know how much of one. I do know it comes with a 3 month wait however.

Yeah that suck, you could of ROI'd something with that time. =/
newbie
Activity: 70
Merit: 0
January 03, 2018, 12:48:44 PM
#11

I’m taking the Holidays into count here. But like I stated I did order them in October.

Also, I don’t think they’re saying ADIOS! I think they’re saying hey, I know you paid for 43.8 TH but we can’t fill that orders here’s an 11TH machine I doubt they’re going to offer me 4 of these to get 44 TH for what I PAID FOR 6 Avalon 741s considering they’ve upped the price on those 3 times since I placed my order.


Welp, you may be 100% right and i know the feeling of urgency generated from deprecating profits. I guess its more or less the same emotional issue from waiting for Months for ZOTAC to even acknowledge my RMA request Tongue

I guess you're right, they should give you the same hashrate at better efficiency, but i'm not sure Canaan policies are that nice. Hopefully they offer you discounted 821 to fill the order...

They said they’re going to offer a discount on the 821s but I don’t know how much of one. I do know it comes with a 3 month wait however.
newbie
Activity: 70
Merit: 0
January 03, 2018, 12:44:20 PM
#10
So guys - wasn't this the order for miners shipping on December 28th?  Which is just under 7 days ago?

Now, assuming Canaan has fulfilled their part of the bargain.  There's still a bunch of logistical crap to get through before they can start shipping.  Assuming they received the hardware on time.

My order was for December 5th shipping.

legendary
Activity: 1302
Merit: 1068
January 03, 2018, 12:39:57 PM
#9

I’m taking the Holidays into count here. But like I stated I did order them in October.

Also, I don’t think they’re saying ADIOS! I think they’re saying hey, I know you paid for 43.8 TH but we can’t fill that orders here’s an 11TH machine I doubt they’re going to offer me 4 of these to get 44 TH for what I PAID FOR 6 Avalon 741s considering they’ve upped the price on those 3 times since I placed my order.


Welp, you may be 100% right and i know the feeling of urgency generated from deprecating profits. I guess its more or less the same emotional issue from waiting for Months for ZOTAC to even acknowledge my RMA request Tongue

I guess you're right, they should give you the same hashrate at better efficiency, but i'm not sure Canaan policies are that nice. Hopefully they offer you discounted 821 to fill the order...
newbie
Activity: 60
Merit: 0
January 03, 2018, 12:33:08 PM
#8
So guys - wasn't this the order for miners shipping on December 28th?  Which is just under 7 days ago?

Now, assuming Canaan has fulfilled their part of the bargain.  There's still a bunch of logistical crap to get through before they can start shipping.  Assuming they received the hardware on time.
newbie
Activity: 70
Merit: 0
January 03, 2018, 11:57:50 AM
#7
This sounds like a screwup from the distributor and not Canaan.

It also sounds like you have not done your due diligence if you just waited around months for emails instead of following up immediately.

I’ve followed up several times each and every time they’ve told me my order is secured and that I just have to wait.

All of that changed yesterday when they finally after 70 days of lies told me they can’t fill the orders.


I’ve replied to that email twice! And I’ve emailed them 6 times yet to get a response from them directly.

I’m not making this up.

Well, call them man. I doubt they'd reply "Yo we can't fulfill that order, and we're keeping the cash, ciao lol", Canaan would flip if one of their 2 Distributor in NA was skimming by ripping off clients. Maybe take it up the food chain if you really went through all that trouble for a while and not just recently, during holidays period.

I’m taking the Holidays into count here. But like I stated I did order them in October.

Also, I don’t think they’re saying ADIOS! I think they’re saying hey, I know you paid for 43.8 TH but we can’t fill that orders here’s an 11TH machine I doubt they’re going to offer me 4 of these to get 44 TH for what I PAID FOR 6 Avalon 741s considering they’ve upped the price on those 3 times since I placed my order.

legendary
Activity: 1302
Merit: 1068
January 03, 2018, 11:48:42 AM
#6
This sounds like a screwup from the distributor and not Canaan.

It also sounds like you have not done your due diligence if you just waited around months for emails instead of following up immediately.

I’ve followed up several times each and every time they’ve told me my order is secured and that I just have to wait.

All of that changed yesterday when they finally after 70 days of lies told me they can’t fill the orders.


I’ve replied to that email twice! And I’ve emailed them 6 times yet to get a response from them directly.

I’m not making this up.

Well, call them man. I doubt they'd reply "Yo we can't fulfill that order, and we're keeping the cash, ciao lol", Canaan would flip if one of their 2 Distributor in NA was skimming by ripping off clients. Maybe take it up the food chain if you really went through all that trouble for a while and not just recently, during holidays period.
newbie
Activity: 70
Merit: 0
January 03, 2018, 11:22:00 AM
#5
This sounds like a screwup from the distributor and not Canaan.

It also sounds like you have not done your due diligence if you just waited around months for emails instead of following up immediately.

I’ve followed up several times each and every time they’ve told me my order is secured and that I just have to wait.

All of that changed yesterday when they finally after 70 days of lies told me they can’t fill the orders.


I’ve replied to that email twice! And I’ve emailed them 6 times yet to get a response from them directly.

I’m not making this up.
hero member
Activity: 756
Merit: 560
January 03, 2018, 11:14:30 AM
#4
This sounds like a screwup from the distributor and not Canaan.

It also sounds like you have not done your due diligence if you just waited around months for emails instead of following up immediately.
newbie
Activity: 70
Merit: 0
January 03, 2018, 10:37:02 AM
#3
I have records in my email. I’ve not called as I don’t have a phone number for minerwarez.

I have the emails that state “The good thing is your miners are paid for and Promised to those who’ve already paid for them”

Followed by emails that state “we can not fullfill the December shipment orders but we’ll get back to you with pricing for some 821’s”

What info do you want?
member
Activity: 504
Merit: 71
Just Getting Started...
January 03, 2018, 10:20:42 AM
#2
Have you kept records of your attempted communications with both companies? Have you called?

Just asking because the accusations you are making are pretty serious, however they seem unsubstantiated without more info.


newbie
Activity: 70
Merit: 0
January 03, 2018, 09:53:36 AM
#1
I guess ultimately the worst thing that can happen is getting ripped off completely.

But, I’m posting here to just state that miners are now even at a riskier game because these companies can keep your money for 3 months and then realize the price of bitcoin went up so they don’t want to honor the pricing they originally agreed to. So they want to give you less Terrahash/S for more money. With supposedly more efficient power.

I paid roughly 5k USD for 43.8 TH from MinerWarez / Canaan on October 25th.

Still haven’t gotten anything. And they’re not going to deliver the 741s

I paid $4,350 for 40.5 TH from Bitmain 3x S9s (I’ve heard of people’s getting pushed to Jan but they’re still honoring the device speeds)

Bitcoin October 25th was $5989 USD now it’s $15000 again today.

So far Canaan looks like they’re reneging and are so putting themselves in line with all the other mining companies that aren’t here anymore.


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