This has the feeling of legitimacy but so far I've seen no solid proof, just some convincing talk. If you have a facility, produced a control unit/pdu, made CAD drawings, reverse engineered the Avalon rig, bought $100k worth of chips, etc. why not post evidence of this in the original post? Surely you realize the climate of suspicion around here, every week there are new scams from people claiming to have the next great ASIC rig. I realize you say you are going to be posting pictures in a couple days but couldn't you have waited to have pics in hand to make your post? You would have gained a lot of credibility had you provided this stuff on your own, but instead people had ask for it. It shouldn't be a big deal to take a screenshot of some CAD drawings, show proof of chip purchases, take your cell phone out and take a pic of your facility and so on - right?
Sure, I fully understand your concerns, that's why we gave as much as possible informations about us in person and our company. However, like stated before, we are a legit company with legit office hours, our staff is on work only starting from tomorrow morning and I promise you that tomorrow we will post more pictures about our work and our staff, along with the proof (transaction id) of the ASIC chip order.
Am I reading correctly, only 6 left in this first batch? Are there plans for future batches or is this it for the next few months?
Yes we nearly sold out, yes we're taking into consideration to buy another batch but we will publish further news in the next few days.
Only 6 left, 14 hours ago they had 20 left. by the end of the weekend they will have made 30 times 6600$, about 200K. The capital of the company is about 100K.
their companies purpose as stated in a rev of 27.10.2011:
The supply, construction, sales and consulting products and services in the field of computer science, in particular those related to the Internet such as hosting, housing, co-location, IP telephony and / or traditional, streaming video and all other assets in the field of telecommunications. The company may carry out commercial operations, industrial, financial and banking, mortgage and real estate, including the purchase, sale, exchange of movable property, real estate, vehicles and property rights. The company may acquire stakes in companies and enterprises, as well as own property and participate in consortia and clusters.
more here:
http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http%3A%2F%2Fti.powernet.ch%2Fwebservices%2Finet%2FHRG%2FHRG.asmx%2FgetHRGHTML%3Fchnr%3D5143029505%26amt%3D501%26toBeModified%3D0%26validOnly%3D0%26lang%3D3%26sort%3D0&act=url27.10.2011 is one month after BFL announed their 4.5 ghz miner. (22/09/2011)
Makes sense imo - if you'd have an IT company with chip production connections, and saw the bitcoin hype of 2011 and the ASIC future; it'd be a reasonable future direction right? Just wait for the right time (ASIC chips & schematics), get the basics going, announce, make "riskless" money as you're just cloning tech... And hopefully keep up the promises
And does seems legit.... Why risk an 8 year old company with 100K capital for only the double?
And why use an escrow when you get the money without?
Still, the lack of proof is discouraging. I think with the right pictures & order proof of the chips, they would have sold out their 30 units in 5 minutes.
Thank you for doing such a research!
Your conclusions are quite correct, we are an 8 years old company and yes we saw the bitcoin market evolve (actually, explode) in the last few months, so we decided to pull in additional 100k SFr in the company to fund the buying of the ASIC chips from Avalon and make our own miners, based on Avalon's design. We have all the business connections and know-how to do this in pretty short time in-house without having to hire external resources like other builders are doing.
Lack of pictures is sincerely due to lack of personal time, as stated in my previous post, tomorrow my first priority will be doing more pictures and post them for you here.
Where are you located ? i'm from Switzerland too and i would like to visit you just to make sure it's legit,
is this possible ?
Yes sure we will be very happy of that so that other users will also know we're legit, you can find our address under the contacts, we're in Camorino, Tessin. Please contact us on PM first to arrange the visit!
Che fortuna che nn siete Camorrini
Hahahah si in effetti il nome della località in cui abbiamo la sede è parecchio ambigua
1.) They supposedly ordered 10000 Avalon chips. That means 320 chips/rig x 30 rigs = 9600 chips. Only 400 chips left for them?
2.) I've ordered (but not payed yet) one of the rigs. My order number is >200 and only 30 rigs are available?
Is there something wrong with this picture?
1) yes this is right, all the 10'000 chips are dedicated to the production, the 400 chip left are for spare parts in case something goes wrong during the production.
2) the order id number is incremental, but was not started from zero, and take in mind that before lauching the website we made some tests to be sure everything was working correctly with the checkout methods.