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Topic: New US-based ASIC Bitcoin Mining Hardware Manufacturer - ASIC Technologies - page 3. (Read 5983 times)

full member
Activity: 176
Merit: 100
Right now, signs point to scam, show some actual credentials and proof that you are working on these miners as well as actual contact information and I as well as others might consider pre-ordering. If you are a legit group, you need to give people enough information that they can get their money back if you fail to deliver or bail.
vip
Activity: 756
Merit: 503
Nice website but no convincing argument about legitimacy.
newbie
Activity: 7
Merit: 0
Agreed, this was a concern, it's actually a non-compete agreement. Fortunately, a Bitcoin mining product doesn't compete with anything we currently work on.

Yes, our design team all have day jobs in the defense industry, just as we advertise. So, while we have been working this in our personal time for months, we aren't quite ready to all abandon our day jobs until we learn what the market interest & reaction will be. Some of us have families, etc, and it will be a little time before we are ready to make the jump. I hope this is understandable. It's quite possible that we will need to pursue VC funding in order to get this done, if there are few orders, it all depends on interest, though we've had quite a few interested folks so far. While it may sound extraordinary to some that we've been working on a full custom design, honestly we do this for a living and it isn't all that extraordinary to us. Hence we have been pursuing this for some time. In any case, we only accept Paypal as of now, and I hope this offers a level of buyer protection and security for you!
I can warm up to this. What bothers me, and should be bothering you, is that all job contracts I've seen in the States specifically prevent employees from running a related business in their free time. Government employer was no exception.
full member
Activity: 196
Merit: 100
Yes, our design team all have day jobs in the defense industry, just as we advertise. So, while we have been working this in our personal time for months, we aren't quite ready to all abandon our day jobs until we learn what the market interest & reaction will be. Some of us have families, etc, and it will be a little time before we are ready to make the jump. I hope this is understandable. It's quite possible that we will need to pursue VC funding in order to get this done, if there are few orders, it all depends on interest, though we've had quite a few interested folks so far. While it may sound extraordinary to some that we've been working on a full custom design, honestly we do this for a living and it isn't all that extraordinary to us. Hence we have been pursuing this for some time. In any case, we only accept Paypal as of now, and I hope this offers a level of buyer protection and security for you!

OK, this is pure https://en.wikipedia.org/wiki/Argument_from_authority

What amazes me is that you think you can get away with it. This isn't facebok or twitter here, you've fallen into the pit of vipers.

And BTW, talking about Argument From Authority, this post makes me a Sr Member, Woohoo, I've been here 10 days!
legendary
Activity: 1988
Merit: 1007
We registered the domain by proxy because, understandably, I dont like my personal information all over the internet - I'm sure any of you would do the same at first.

No. That is not how business is done. That is how scams are done.

If you want to do business, kindly provide some verifiable material. Your name, CV, LinkedIn profile, business registration. Advertise your skills. Who are you, and why would anyone trust you with their money. Obviously, you don't really care about getting real customers in by providing good reasons for them. You care about getting the suckers in. That's what all this looks like.

You hear that?  That my friend is the deafening sound of silence.

Yeah, this is something that makes no sense. I don't know of any reputable business that says "you can send us money but... we won't give any information about our company. Just hope you get what you were going for!"

It'd be different if you were an informational site. But when you are running a business, it's important to make people feel secure with throwing their money to you.
full member
Activity: 196
Merit: 100
I asked this question earlier. You've had some time now. Do you have an answer?

We are currently in a 28nm design flow, and as for shipping date, we are scheduling into a run, but essentially it hinges entirely on the success of our offering. If we get enough orders, we'll be delivering in 2-3 months. If not, we'll have to refund what orders we have taken so far and pursue venture capital, which is much more expensive and will impact our prices. I figure the peace of mind offered with Paypal should help in making the case that we are legitimate. @warzor still working on those 1nm chips...

I hope you realise what you are claiming here is quite extraordinary. Is this a Full Custom design, or a Structured ASIC, and are you using a dedicated mask set or MPW Shuttle. Reply carefully, your reputation will depend on your answer.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Yes, our design team all have day jobs in the defense industry, just as we advertise. So, while we have been working this in our personal time for months, we aren't quite ready to all abandon our day jobs until we learn what the market interest & reaction will be. Some of us have families, etc, and it will be a little time before we are ready to make the jump. I hope this is understandable. It's quite possible that we will need to pursue VC funding in order to get this done, if there are few orders, it all depends on interest, though we've had quite a few interested folks so far. While it may sound extraordinary to some that we've been working on a full custom design, honestly we do this for a living and it isn't all that extraordinary to us. Hence we have been pursuing this for some time. In any case, we only accept Paypal as of now, and I hope this offers a level of buyer protection and security for you!
I can warm up to this. What bothers me, and should be bothering you, is that all job contracts I've seen in the States specifically prevent employees from running a related business in their free time. Government employer was no exception.
newbie
Activity: 7
Merit: 0
Yes, our design team all have day jobs in the defense industry, just as we advertise. So, while we have been working this in our personal time for months, we aren't quite ready to all abandon our day jobs until we learn what the market interest & reaction will be. Some of us have families, etc, and it will be a little time before we are ready to make the jump. I hope this is understandable. It's quite possible that we will need to pursue VC funding in order to get this done, if there are few orders, it all depends on interest, though we've had quite a few interested folks so far. While it may sound extraordinary to some that we've been working on a full custom design, honestly we do this for a living and it isn't all that extraordinary to us. Hence we have been pursuing this for some time. In any case, we only accept Paypal as of now, and I hope this offers a level of buyer protection and security for you!
full member
Activity: 196
Merit: 100
Very interested in this. Not interested enough to risk my $$ without a little proof of concept first, but definitely bookmarking this for later
sr. member
Activity: 259
Merit: 250
We registered the domain by proxy because, understandably, I dont like my personal information all over the internet - I'm sure any of you would do the same at first.

No. That is not how business is done. That is how scams are done.

If you want to do business, kindly provide some verifiable material. Your name, CV, LinkedIn profile, business registration. Advertise your skills. Who are you, and why would anyone trust you with their money. Obviously, you don't really care about getting real customers in by providing good reasons for them. You care about getting the suckers in. That's what all this looks like.

You hear that?  That my friend is the deafening sound of silence.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
We registered the domain by proxy because, understandably, I dont like my personal information all over the internet - I'm sure any of you would do the same at first.

No. That is not how business is done. That is how scams are done.

If you want to do business, kindly provide some verifiable material. Your name, CV, LinkedIn profile, business registration. Advertise your skills. Who are you, and why would anyone trust you with their money. Obviously, you don't really care about getting real customers in by providing good reasons for them. You care about getting the suckers in. That's what all this looks like.
full member
Activity: 196
Merit: 100
We are currently in a 28nm design flow, and as for shipping date, we are scheduling into a run, but essentially it hinges entirely on the success of our offering. If we get enough orders, we'll be delivering in 2-3 months. If not, we'll have to refund what orders we have taken so far and pursue venture capital, which is much more expensive and will impact our prices. I figure the peace of mind offered with Paypal should help in making the case that we are legitimate. @warzor still working on those 1nm chips...

I hope you realise what you are claiming here is quite extraordinary. Is this a Full Custom design, or a Structured ASIC, and are you using a dedicated mask set or MPW Shuttle. Reply carefully, your reputation will depend on your answer.
newbie
Activity: 11
Merit: 0
Agreed, wishful thinking..  I'm only new to mining with GPU power up to about 600Mh, and now branching in to the USB Erupters, but something like this changes the game and I'm hoping the best.

I'll not be the early guinea pig though that's for sure.

Plus, was working on getting out of newbie jail so I can get in on the latest USB Miner buy Wink

sr. member
Activity: 259
Merit: 250
its a scam guys dont fall for it

The reason I'm so aggressive about dealing with these people is I'm sick of seeing 10 new ASIC scam sites a day pop up.  Flashy websites and computer rendered images of nonexistent BFL looking hardware is a dime a dozen.
newbie
Activity: 28
Merit: 0
its a scam guys dont fall for it
sr. member
Activity: 259
Merit: 250
I get the impression that the people have been involved with that, but possibly not the company they are forming??  Working for contractors now branching out on their own perhaps?  I could be wrong for sure.

Then why didn't they just say that?  It's kinda odd you're willing to serve up explanations for them so readily.


Saying you're making a Bitcoin ASIC is a huge claim.  It's amazing how willing people are to take words on a forum at face value with basically *zero* evidence.
newbie
Activity: 11
Merit: 0
I get the impression that the people have been involved with that, but possibly not the company they are forming??  Working for contractors now branching out on their own perhaps?  I could be wrong for sure.
sr. member
Activity: 259
Merit: 250
All new companies are New at some point.  I'm certainly interested and almost willing to "risk" a little $$, but still BFL shy.... 

I'll wait until you show up on https://sdsos.gov/business/Search.aspx?name=ASICTechnologies&soundex=0 before becoming more serious... 

What else do you plan to offer as assurance?

Dude.. this guy is claiming they're an established ASIC company that's just moving into Bitcoin:

"...and I believe these relationships and our experience delivering these chips to defense clients will assist us in meeting our deadlines better than prior firms."
newbie
Activity: 11
Merit: 0
All new companies are New at some point.  I'm certainly interested and almost willing to "risk" a little $$, but still BFL shy.... 

I'll wait until you show up on https://sdsos.gov/business/Search.aspx?name=ASICTechnologies&soundex=0 before becoming more serious... 

What else do you plan to offer as assurance?
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