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Topic: Official Thread: AMT - page 125. (Read 678353 times)

sr. member
Activity: 630
Merit: 253
March 22, 2014, 01:25:24 AM



Also anyone who wants to check up on if the mail is ever picked up just go here:

https://tools.usps.com/go/TrackConfirmAction.action?tRef=fullpage&tLc=1&text28777=&tLabels=70130600000042874703



Looks like AMT isn't signing for their mail
legendary
Activity: 3878
Merit: 1193
March 21, 2014, 11:47:53 PM
That farm is Bitfury 55nm ASIC blades.

I think PG was making a joke about the Monarchs. At least I hope it was a joke. It was pretty funny.
legendary
Activity: 3752
Merit: 2667
Evil beware: We have waffles!
March 21, 2014, 10:52:40 PM
no, they are FPGA blades. BitFury methinks. Try to grab the transcript of the interview and they say what they are.
legendary
Activity: 3752
Merit: 2667
Evil beware: We have waffles!
March 21, 2014, 09:24:38 PM
I do rather like the twisted possible backers behind BitMine: For one, Google. I'd think that with Google being attached would make this rather interesting for various news outlets be they industry-specific or general....
Wonder if this is ties to some info that Motely Fool brings up now and then about a couple very large warehouse-size 'possible data centers' that Google owns on the banks of the Columbia river in WA state? So far the big-G has ben mum as to what they are. Thinking about their link to Petahash on that one...

If anything link shown here, now wonder the diff rate is yumping... They are running over 1PH there...  Around 3min i is when it getts to good stuff.  http://www.komonews.com/news/local/Bitcoin-Modern-day-gold-rush-or-risky-investment-249577361.html

"His company, MegaBigPower, has invested over $1 million into two warehouses that feature hundreds of mining rigs running side by side on dozens of racks that stand seven feet high. It consumes 1.4 megawatts of power - enough to run a small town. It currently relies on huge fans circulating outside air to cool the rigs. During a recent visit, it was 30 degrees outside and 102 inside."

jeez...
hero member
Activity: 532
Merit: 500
March 21, 2014, 09:04:05 PM
I believe a lawyer will be able to have logs of this thread subpoenaed to show what all the bad actors' IPs are, including any sockpuppets, to better their case.

Plenty of legal precedent for that. Mostly in family court cases. ISPs keep pretty decent logs of that. Well most of them.
hero member
Activity: 532
Merit: 500
March 21, 2014, 09:02:37 PM
Right same thing I have been more or less getting at. They are now silent with little to show for that silence. THere is no big reveal, no shipping 1.2Ths miners. We have one dude who claims he has one for sale but can't produce pictures of something he has in his possession?

I think getting into this thread and getting a general feel for it one will understand why people are feeling like this. But I think referring people to dogies trustworthiness thread is even better.
https://bitcointalksearch.org/topic/guide-dogies-comprehensive-manufacturer-trustworthiness-guide-1st-feb-2016-456691

For anyone still feeling the need to defend AMT refer to that thread. I still am giving them until the end of March as they publicly announced on more than one occasion. If I get my miners on time great I will be able to post some pics just as proof they are real and working. It will go a long way to advocating for giving them a second chance. Provided they also deliver in terms of communicating properly and professionally even in the face of unprofessional types. That professionalism. When you can maintain a civil decorum in the face of incivility. Not an easy thing but an important one for people in positions like these.
legendary
Activity: 3752
Merit: 2667
Evil beware: We have waffles!
March 21, 2014, 08:55:37 PM
Hmm, wonder if I should point someone at Electronic Component News at the BitMine.ch mess... Should be pretty damn newsworthy I'd think...
hero member
Activity: 504
Merit: 500
March 21, 2014, 08:44:34 PM
Did anyone notice on the photo taken at AMT, from the ebay guy... There was a pad under the magazine with an itemized list. Looks like it is showing the production value of the miner at about $1400.00 which would make sense. (That might be why the other guys are so quick to give up-to 50% to 100% more hashing-power as part of MPP. Even then, they are still in the green.)

Even with added overhead, if labor and other issues were not accounted for, the loss would be minimal. Not only that, but it would be cheaper than wasting money on advertising, by the word-of-mouth from the clients. (Especially false advertising that no-one actually sees, or cares about... Like friends on facebook, myspace, email-spam or linked-in crap. Bots look like bots, and are ignored anyways.)

There is so much uncaptured flip-potential here, not being taken advantage of. Instead, the general perception is that we are being taken advantage of. (Pulling the "well, it's legal", crap. Or the silent treatment, or the flat-out deceptive responses. "We are shipping miners"... They are, just not the 1.2THs miners. I have not gotten a single email from AMT, except the one Josh sent, in response to hiring me. Never got that follow-up email to even say, "Hey sorry, we don't think we can do this.")

It is not that I don't believe they won't deliver. I just wish they honored one thing, that was said. No replies when promised, even directly. No updates about AMT's situation. Not even a correction to the previously updated and promised delivery dates.

I am now in complete agreement with "discouraging others from investing in AMT's 1.2THs to 3.4THs miners", until something is done to clarify the situation. (Which would include any of the promised updates, and delivery of MPP honored miners, and a clear "refund policy". Even if that only includes updating our accounts to reflect when a refund is "possible", and contact information specific to refunds, where an automated system would fail.)

Those are not demands. That is just what I would need, to stop discouragement of future investors. Because at the moment, we are all investors providing loans. Yet treated not as investors, share-holders, or as "valuable customers". This is now to the point of gross-neglect.
legendary
Activity: 3752
Merit: 2667
Evil beware: We have waffles!
March 21, 2014, 07:50:50 PM
"Has anyone gotten a refund? Has anyone sued them and gotten their money back?"

Not from what anyone here has said.
In my case the claimed latest ship-date won't be until Apr.4 (check was deposited at Eagle Bank Mar.4, my act debited teh same day) so legally I have no bitch - yet. I did however 3 days ago send them email offering a way out with me - have 4 Ant S1's drop-shipped to me instead. (dirt cheap right now and just ordered 2 more a couple hrs ago). Yeah they make like $1.5k off me vs what  can by them for but, clears me off their books and I get more hash than what I paid for at the time.

No reply from AMT of course.
legendary
Activity: 3878
Merit: 1193
March 21, 2014, 07:42:36 PM
I don't know why AMT thinks they can get away with not refunding the money.   

Um, because they are. Has anyone gotten a refund? Has anyone sued them and gotten their money back?
legendary
Activity: 3752
Merit: 2667
Evil beware: We have waffles!
March 21, 2014, 07:19:19 PM
AMT Terms and Conditions (at checkout):


Quote



So that's as much as can be given as information about largest Bitmine.CH client in existance, so far.

Who can verify this ?

Users who bought their A1-based rigs from AMT (USA), Sunrise (China), and Technobit (Bulgaria).
If those rigs operate as expected, so the other might. Just relax and be patient.

Those three companies actually make their own PCBs which may give them some advantage, because Bitmine is not producing their PCBs themself and that is the critical problem in this story - so far, because as I saw the talks about this issue, those PCBs are now entering their third improved generation which means previous two generations had failures.

So if you don't trust Bitmine, you can turn to other three companies which buy chips from Bitmine.CH...
The rest are curently just resellers.

1st - Phin, ya may be a PITA at times but damn, good job there bucko. I've c/p'd it into me records for in needed. Only thing you missed is Innosiicon's role in this. more later on about that.

On the PCB's: BMch (BitMine.ch) blew it beyond belief there... It is unheard of in the semi industry to release new chips of any sort without reference-design boards to go with them. Ones that work.. As in that's the whole point of them.. Not to necessarily use for production (usually lots things like test points on them) as they are for something the buyers can run chips on to prove they how work in the Real World. Then folks usually do a few tweaks here and there to I/O and maybe the GUI, packaging and whatever else they think will help sales.

From there it's like any other business: Is up to the chip buyer to figure out how to differentiate THEIR version for using it from the other OEM's out there. Or, in the case of AMT, be a reseller of some BMch systems (like the 520 my order is for. Bet if/when it 'ships' it will be after BMch fill it's own backlog of direct orders first Sad ...) as well as attempt to make their own spin on a teraminer.

Finally, on the 1TH miners based on the A1 that *are* supposed to exist/be shipping. Somewhere there is a thread here (think I actually posted the link around p.190-195?) mentioning that Innosilicon, the ASIC design company BMch partnered with, is also selling the A1 chips to board/system builders... Huh? Competing against their 'design partner' who at least according to BMch HIRED by BMch to design/make the chip?

Wonder if the existing A1 th miners are using chips/boards from them vs BMch. BTW: Innosilicon is a design house - not chip foundry (yet?) for the 28nm node. There are very very few companies that can make chips at that node (much less smaller). Global Foundries http://globalfoundries.com/ is who are actually producing the chips.
full member
Activity: 145
Merit: 100
BitRoll
March 21, 2014, 07:04:59 PM
We are at page 200 and not a miner in sight  Shocked BTC
hero member
Activity: 854
Merit: 500
Just a regular guy who likes his fiber.
March 21, 2014, 06:15:33 PM
I gotta admit, because of this thread I got a much bigger picture of the mining manufacturing community. Thanks to those who provided valuable info you know who you are. Getting the info and who the players are and their apparent levity with peoples money.

Seems like right now the only players that will win are the ones who deliver AND provide customer service.....and seem to have their own forums. I think most people can understand a late product. But not beign told why its late or moreover not telling them anything just riles them up.

So taking a tally how many are actively requesting refunds now?
How many actually have hardware in hand?
How many have a tracking number?


Quote
Now its easy enough to talk alot of crap. But at least get your facts straight about a company before smearing them seeing as in the US they can come at you for libel (and legally win see some cases with Yelp if you dont believe me). Again I am NOT an AMT employee but I am a customer. I see alot of people on here flaming and trolling without any real substance to back it up. I almost started to believe the so called "facts" until I started doing my own digging. They are a registered corporation that was enough for me. It means they have a legitimate presence in the US.

Your shovel:



My shovel:



 Wink Wink Wink

Lets not make this a shovel measuring contest.

Also there should be a meme with the cat Max as CEO of AMT.


Wait was Mr. Teal serious about them being a legit company who just thought that bitmine's design was going to work? If so why won't anyone call him a shill?  I thought that's what we did if any one suggested anything but scam. It's not fairs I tells ya.
sr. member
Activity: 1148
Merit: 252
March 21, 2014, 05:13:30 PM
Reputation alone can hurt. At the moment its a crowded space. The only players who will win out are the ones who deliver and can provide superior customer service. This community may be a bit contentious at times, but it appears to be effective getting results from vendors. The successful ones have been the ones who have set correct expectations and have not misled their customers. My initial assessment when I came on here was that those people flaming the company were trolls. I still hold that opinion about the people who have nothing to contribute but trash talk. But there have been some who when looking further have contributed details that were relevant in outing the companies business practices. The important thing here is to sort the fact from fiction and ignore the totally useless crap. Then you get a real picture of whats going on. Misleading statements, unfulfilled promises and in that manner a consistent patter of both, that's generally the red flag.

AMT lost the trust of the community when they decided to attack it and "punish" customers from is evidenced on the emailed interactions on more than one person. Throwing customers under the bus isn't helpful. Having the support of a few people is not enough. The feedback is clear. Communicate clearly and honestly. MEET your expectations. I will repeat this in the hopes that they see it and actually deliver on that. The failure here was that AMT clearly seems to have decided to abandon communications. Now the community is starting to mobilize against them.

They clearly are not a scam just apparently horribly mismanaged from a public perspective, but they are in sore need a of a PR person to handle communications. A social media community manager. They have a facebook, twitter and even a skype account. And their own blog. None of which are being used to full effect in my opinion.

This situation now has everyone watching them and putting them under the microscope. Sadly tho with some people this needs to happen to get them to right themselves. There was plenty of feedback early on that might have helped avoid all this.

Look into Joshua Zipkin's other start-ups, and how he's manipulated their social media pages to look favorable with fake likes and +1's. With that said, I wouldn't trust much from AMT in that respect.


And, if you recall, I was the only one pointing out that Joshua Zipkin sold such a service on at least one of his super-duper sites where he acts as its Jewish Bulgarian Freemasons' CEO.

Marketing major my ASS!

What kind of marketing is it to bloat a companies' social media pages with complete utter fakery?

The only companies that would engage in this kind of marketing strategy are likely to be illegitimate ones. The IBM's of the world aren't exactly lining up to have Joshua Zipkin manage their social media for them.
sr. member
Activity: 267
Merit: 250
Stan the Man!
March 21, 2014, 05:12:52 PM
that 1 Stop guy is selling pre-orders, supposedly shipping on the 26th of march.
sr. member
Activity: 1148
Merit: 252
March 21, 2014, 05:11:35 PM


Sorry last one...couldn't resist!  Grin
newbie
Activity: 2
Merit: 0
March 21, 2014, 05:07:49 PM
I'm selling my AMT preorder:

Order #736, November 24, 2013
1.2TH/s Coin Miner (#AMT1200) x 2

$8000 (or bitcoin equivalent), at least 30% off AMT price, or best offer
* via wire transfer or BTC escrow
* proof of order to buyer
* full personal info exchange with buyer

Any takers? PM me.
sr. member
Activity: 267
Merit: 250
Stan the Man!
March 21, 2014, 05:07:31 PM
They could be mining for our refunds. Let's hope that isn't the case.

Giorgio from Bitmine hasn't been much help. I PM'd him asking for an order list of what AMT has purchased from them. They wouldn't disclose that information without AMT signing off on it. Wouldn't it be something if Giorgio informed us that AMT only purchased the chips shown in the pictures?
(Insufficient amount to fulfill what was ordered from AMT).

Perhaps it's time we put some pressure on Bitmine. If they sold chips to AMT who isn't delivering or communicating, they should step up and inform the investors (us) about what was bought from them. It is their product on the line anyways, and the video of Josh and Giorgio talking about how "AMT IS THE OFFICIAL BITMINE DISTRIBUTOR FOR THE USA" ties Bitmine to this debacle.

In other words, once Giorgio decided to star in a video with Josh claiming this: he essentially vouched for Josh to the community. Now that Josh appears to be fucking us over, Giorgio needs to step up and do the right thing.

How much would it cost me to purchase a lot of obsolete chips and have my logo stamped on them so that I would have something real to show for a photo shoot or to some walk-in?

For a video presentation, I could show some device with a fan operating on it with the wires leading up to a monitor, but what's really connected to the monitor is some other functioning miner. Any stats displayed could be easily altered, with or without any device connected, with the fan noise in the background completing the illusion.

If you are referring to his bitfury miner demo video on youtube - watch it again, you'll notice the video cuts shot when he shows the laptop monitor hashing. Therefore one can argue he could of had anything hooked up to the screen.

Regardless, we aren't disputing the hasing of the bitfury based miners : there is no evidence thus far of the 1.2TH model hashing at all.

yep.  the bitfury/technobit boards work better than advertised.  consistent 85GH for the 80GH rig. 

anybody interested in buying one?  $600 and its yours. 
sr. member
Activity: 1148
Merit: 252
March 21, 2014, 05:01:41 PM
They could be mining for our refunds. Let's hope that isn't the case.

Giorgio from Bitmine hasn't been much help. I PM'd him asking for an order list of what AMT has purchased from them. They wouldn't disclose that information without AMT signing off on it. Wouldn't it be something if Giorgio informed us that AMT only purchased the chips shown in the pictures?
(Insufficient amount to fulfill what was ordered from AMT).

Perhaps it's time we put some pressure on Bitmine. If they sold chips to AMT who isn't delivering or communicating, they should step up and inform the investors (us) about what was bought from them. It is their product on the line anyways, and the video of Josh and Giorgio talking about how "AMT IS THE OFFICIAL BITMINE DISTRIBUTOR FOR THE USA" ties Bitmine to this debacle.

In other words, once Giorgio decided to star in a video with Josh claiming this: he essentially vouched for Josh to the community. Now that Josh appears to be fucking us over, Giorgio needs to step up and do the right thing.

How much would it cost me to purchase a lot of obsolete chips and have my logo stamped on them so that I would have something real to show for a photo shoot or to some walk-in?

For a video presentation, I could show some device with a fan operating on it with the wires leading up to a monitor, but what's really connected to the monitor is some other functioning miner. Any stats displayed could be easily altered, with or without any device connected, with the fan noise in the background completing the illusion.

If you are referring to his bitfury miner demo video on youtube - watch it again, you'll notice the video cuts shot when he shows the laptop monitor hashing. Therefore one can argue he could of had anything hooked up to the screen.

Regardless, we aren't disputing the hasing of the bitfury based miners : there is no evidence thus far of the 1.2TH model hashing at all.

legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
March 21, 2014, 04:42:01 PM
the not so funny thing is... AMT will come on this board and state some more lies soon and everyone will right back at their feet groveling for their miner or refund and kissing their asses.

Like I said...talk is cheap. I agree that might happen. They have consistently not delivered on their promises in this official forum. Even an honest update at this point will be viewed with suspicion until they PROVE they are shipping miners. Honestly they should do what a couple of other mining companies did. BFL and cointerra highlighted a couple of their Pick Up At the office orders and made a blog showing this with pics and all. And maybe a user who is already known on here might go a long way and can vet towards alleviating some of the PR pain they have been dealing with. I'm just saying they could use the positive press because the silence is turning into a potentially costly mess for them.

Actual delivery of hardware will go a long way. That really is the only way for them to regain any credibility with the overall community.

Their supplier Bitmine is having trouble delivering.  The revision 3 boards are still 2-3 weeks away.

AMT has inventory that is just sitting there that's not deliverable.   They've got photos of the units, but I've never seen a photo of a working unit.   At best, they have all the parts and nothing that works!

BTW.... has anyone order just the coincraft A1 chips from them?  They've claimed delivery.
If they still have all the parts and chips that would be a best case scenario. At worst Josh did what he said he was going to do in early February.
Hey Guys,

Quick update, chips arrived today and will go to full surface mount and assembly on Tuesday. Hoping to get the first AMT1.2's shipped by Friday.

More to come...

It's entirely possible they assumed the Bitmine design was good and just mounted all the chips onto boards before they realized they were going to have issues.

At $100 per chip?     Actually if you have one of those heating elements that focus light,  it wouldn't be that messy to remove the chips.   

Anyway...  this looks like a complete disaster.   Clearly they had all those systems ready to be assembled with a whole bunch of staff.   Now they got nothing.

Can't you remove the chips even after you surface mount them?
You can, though it can be time consuming and hence expensive. It's generally only viable for the expensive parts though, so if they did that they not only had to pay for assembly, but most of the other parts wouldn't be worth salvaging as it would just be cheaper to rebuy them.
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