Topic: Official Thread: AMT - page 126. (Read 678353 times)

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.

Yes.  that's what heat guns and de-soldering tools are for.  Nothing is permanent.  just have to be careful.

BTW.... woot!  first post on page 200!!

actually, technobit dropped their price a lot.  at least for the new hex16B rev.2 60GH boards they just announced.  $260 for rated 60GH, which gets 69-70GH, inst all that bad.  It's MUCH better than the $700 they were charging for the 40GH rev.1 hex16B boards.   I thin they actually are paying attention to the mining situation, and see that people will not continue to pay $10-20/gh.  

$4.33/gh from technobit is very competitive.  It's a lower price point than the ant s1, so folks that don't have the $600 to put into a s1, can get a decent setup for about half the price.  This is typical pricing breakdown.  you tend to, or should get a better deal, when you are making a larger investment.

The mining community is slowly, but surely, wising up.  The low-hanging fruit, or suckers, are mostly gone.  They've been burned and if that didnt sour them to the whole cryptocurrency game, are now shopping for hardware with their eyes wide open.  Sure some overpriced hardware will continue to sell, but it's not the wide open feeding freezy it was a few months ago.

The vendors of TH and up equipment, are going to have to come more in line with Bitmain's pricing, or they won't have the sales to remain in business.  a 1.2TH should cost no more than $3600.  If you are paying more than that in the current market, you're throwing away your money.

I agree that certainly is possible. In fact very likely. BUT the problem is them not communicating that to us. If they had just said, guys there is a delay with the hardware due to X, instead of getting into a debate with detractors (which there always will be no matter what), and just focusing on updates to customers and actually serving the customers, things would not be where they are now. It is possible to manage a community without having moderation powers. They just had to properly speak to the community. Now they went silent on all fronts. This is really bad for business and bad for all of us too. Might be their way of "punishing" us? maybe but an action like that does not come without a financial consequence down the road.

Can't you remove the chips even after you surface mount them?

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.

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.

Real odd. But overall just weird. Didn't see that post. Would be the first person we know of to actually set foot in their office.

But again he also could have taken pictures of the miner in different locations or in use to show it works. But damn at 15k? that's insane. Plus if its based on the coincraft hardwware, then its already defective from the getgo if its using rev1 hardware which has that power issue (just glanced at details for this issue). Looks like an ordinary PC case tho. Nothing like the ones on the main AMT page. Looks like a coolermaster PC case I own.

The post it note looks like it was photoshopped in.

No kidding. That pretty much speaks volumes. Time is money and bitmain capitalized on both. They also played it smart. in hand orders only. No pre-order crap at least now anyway. Not sure about past performance.

This is just a terrible business to be in.

I was banking on Bitmine to deliver.  I had a bias that the Swiss would be meticulous enough to get things correct.  Unfortunately, that was an extremely costly decision.  Bitmine will need to drop the prices of their chips by 1/4 to be viable.

Cointerra appeared to have the pedigree to deliver,  however, I don't think this space has any room for high-end stuff.  Cointerra is high-end, they will have to do something about their current price...at $6,000 for 2 Th/S ... it won't ROI.

Bitmain is flooding the market with cheap 55nm based systems and it looks like they've got the best prices today. Nobody is competitive with them.

HashFast looks like history... they got a ton of lawsuits they need to deal with.

BFL is history... their solution is too expensive.

Strange the Bitfury isn't competitive with Bitmain.   

Anyway,  this is a lousy business to be in.  Too many players,  technology obsoletes too quickly,  you need to deliver fast and cheaply.   

At this time Bitmain is 20% of the network and Cointerra is at 6%.

Either way whatever the case, what is now is whats happening. AMT waded into this situation. But sure knowing this before going into business with them might have changed things before going into business with them. I consider it a lesson learned. Hopefully it can be righted with all parties walking away at least with what they want. I am still keeping somewhat optimistic on this.

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?

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.

Well that sucks....

PS Looks like today is the day this thread hits 200 pages.

From a legal standpoint I am sure that is still the case. They cant just terminate the relationship without going through whatever hoops they need to to make it happen. I imagine contracts were signed and such. It's an obvious business arrangement that can't simply be dropped like that. There might be a clause to publickly advertise them on their respective sites. Just the nature of the way things are. But usually that stuff is standard.

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.

LOL guys, I think you have it all wrong, Bitmine and Giorgios credibility with the community is already in the toilet. Have you actually spent any time in the bitmine thread?

Another Coincraft A1 manufacturer selling on eBay... this time it is from Atlanta GA:

http://www.ebay.com/itm/1TH-Bitcoin-Miner-Mining-Rig-1TH-S-COINCRAFT-28nm-ASIC-Chip-Cointerra-Hashfast-/171271886551?pt=LH_DefaultDomain_0&hash=item27e09996d7

Here's an interesting detail about it:  Item will be shipped from Atlanta, GA or our factory in Shenzhen via DHL Express.

•This batch will be shipping on March 28th.
•Newest model with highest efficiency, compact form factor and built-in power supply!
•40 x Coincraft A1 28nm ASIC Chips
•Embedded CGMiner with complete stand-alone operation
•Achieve blistering hash rates as high as 1000 - 1300 GHash/sec sustained


Also,  the Dragon Miner from CoinHash:

http://www.ebay.com/itm/BITCOIN-MINER-1TH-s-1-3TH-COINCRAFT-A1-28NM-ASIC-1000GH-S-DragonMiner-not-KNC-/281290037075?pt=LH_DefaultDomain_0&hash=item417e315753

Hash rate: 1TH/s = 1000GH/s (can overclock to over 1.3TH/s = 1300GH/s)
Processor Chips: Coincraft A1 28nm ASIC Chips
Modules: 5 module boards (200GH/s per board) +/- 20% tolerance.
Control Board: Raspberry PI with SD Card slot (ARM11 700MHz CPU, 512 MB RAM) and 8GB flash storage
Access: Web based interface via IP address (Linux 3.6.11 OS)
Monitor: LCD Screen with real time stats.
Power consumption: about 1040 watts from the wall
Power connection: 3 +12V DC input
Power efficiency: 1W/GH/s on wall
Size: 18.9in x 12.2in x 13.8in (48cm x 31cm x 35cm)
Network connection: Ethernet Cable
Cooling: Three (3) x 12cm PWM fans and customized heat sinks
Total weight: 48lbs. (22kg)

Also look at this one (seems to have a similar red board as the previous listing)

http://www.ebay.com/itm/1TH-COINCRAFT-28nm-ASIC-Chip-Bitcoin-BTC-Miner-Mining-1TH-S-not-Cointerra-Avalon-/201054097246?pt=LH_DefaultDomain_0&hash=item2ecfc20f5e&nma=true&si=rjCFrdEo1JjBwvveAR80AzYFcxI%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

Yup... very strange indeed.

http://bitmine.ch/?page_id=5204

AMT Still listed as "AUTHORIZED DISTRIBUTOR".