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Topic: Optiona is allways good. 16nm ASIC, 100w/THS 0.1J/GH on wall. MAX: 31THS/miner!! - page 3. (Read 19575 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I'm not sure, but my gut tells me scam Undecided
the time will prove it.

yeah time has proven you are a scammer. Where is my zec cloud mining payouts? I purchased 150 h/s but you have delivered nothing...no daily payout and nothing close to the 150 h/s promised.

Sorry to,hear this.

He never contacted me so I think he may not be too good to buy from.
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
I'm not sure, but my gut tells me scam Undecided
the time will prove it.

yeah time has proven you are a scammer. Where is my zec cloud mining payouts? I purchased 150 h/s but you have delivered nothing...no daily payout and nothing close to the 150 h/s promised.
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them
Do you trust them?.. I would not. Because:

Quote
and we all know they now are out of the game.

May be they just make a HW for themselves?.. Why not?

Do not trust Lightning asic, they are not legit and will trick you.

I purchased a cloud mining contract from lightning asic, here are the details;

Contract:3 Months
Details:0.025BTC/H/s,150H/S.
Total:3.75BTC.

I dealt with their sales lade ([email protected]) who was polite and nice. The mining was suppose to start on 28th October and receive payments daily. This is how much I have received from them:

Friday 4th November - Payment 1: 0.005 zect
Monday 7th November Payment 2: 0.012 zec
Total received: 0.017 zec

This is nothing close to what 150 h/s should deliver, at current difficulty I should be receiving 0.025-0.027 zec a day. Not to mention all the zec they owe me for the others days that there was no payment. Ten times less than what I have received from other cloud mining companies for just 50 h/s.

If you do not have the hash power to deliver your promise hash rate then you are running a ponzi. Please refund my btc immediately. It is not only me. Many other people have not received ANY payout as well.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
once bitten twice shy, i will never trust you again.
I'm in this camp.  asiabtc talked me into paying a ridiculous price to purchase their soon to be released blade miner, and after many weeks of waiting a bunch of gridseed miners eventually showed up.  This was after he began selling the blades for nearly half what I was charged.  Never got any sort of compensation or even an apology.  I assumed it was communication issues involving a language barrier and eventually gave up.  I wonder how many other people have been similarly screwed by this company with no recourse...  Anyway, the writing is here on the wall for you.  Trust them if you want to be parted with your coins.

yeah if I recall 3000 usd to start and drop drop drop drop drop   to about 350 usd  in under six months.

 I would also say  they killed ltc and it never really recovered. but that could be quite an argument as other factors stand in for that.

To op I am still willing to test and review a model plus pay a fair price for it.

But Most people here would say I am trustworthy and you are not trustworthy.

I am like  I will give a guy a second chance.  So when you are ready to send me a demo I will run it test it do a long thread on it.

And then pay you for it. or ship it back on my dime.  your risk is I run away with one unit which since it is shipping to my home in NJ, USA  means I would be running away from my home.  Which I am not looking to do at the age of 59.
Gotta say, ditto to what Phil says.
I jumped into the hardware end of BTC because of an A1 miner I ordered from AMT/Josh Zipkin (@ notlisted - same miner for you?) back in Feb 2014. A whole saga in itself there... Point is, I did forensics on the A1 boards as-designed by the Swiss company Bitmine.ch and replicated by IMET for AMT. I said it before in the A1 and Innosilicon threads: Bitmine.ch/AMT were clueless as to even the most basic power network and thermal design rules. As for IMET's role - as a PCB assembly house they should have known better and after a proper design review given a polite"ahem" followed by their concerns about what should have been very obvious design flaws - not just taken the no-review approach of 'here is BOM, replicate the board'.

Anywho, if you want a technical write up of it -- possibly with warts and weak points and all -- from an Industrial electronics designers viewpoint . Bear in mind that systems I've designed have proven lifetimes of decades...

*if* anything stands out, of course remedies to weak points will be supplied as well Wink
sr. member
Activity: 546
Merit: 253
once bitten twice shy, i will never trust you again.

I'm in this camp.  asiabtc talked me into paying a ridiculous price to purchase their soon to be released blade miner, and after many weeks of waiting a bunch of gridseed miners eventually showed up.  This was after he began selling the blades for nearly half what I was charged.  Never got any sort of compensation or even an apology.  I assumed it was communication issues involving a language barrier and eventually gave up.  I wonder how many other people have been similarly screwed by this company with no recourse...  Anyway, the writing is here on the wall for you.  Trust them if you want to be parted with your coins.

yeah if I recall 3000 usd to start and drop drop drop drop drop   to about 350 usd  in under six months.


 I would also say  they killed ltc and it never really recovered. but that could be quite an argument as other factors stand in for that.

To op I am still willing to test and review a model plus pay a fair price for it.

But Most people here would say I am trustworthy and you are not trustworthy.

I am like  I will give a guy a second chance.  So when you are ready to send me a demo I will run it test it do a long thread on it.

And then pay you for it. or ship it back on my dime.  your risk is I run away with one unit which since it is shipping to my home in NJ, USA  means I would be running away from my home.  Which I am not looking to do at the age of 59.

If it's Phil approved I'll give it a shot.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
once bitten twice shy, i will never trust you again.

I'm in this camp.  asiabtc talked me into paying a ridiculous price to purchase their soon to be released blade miner, and after many weeks of waiting a bunch of gridseed miners eventually showed up.  This was after he began selling the blades for nearly half what I was charged.  Never got any sort of compensation or even an apology.  I assumed it was communication issues involving a language barrier and eventually gave up.  I wonder how many other people have been similarly screwed by this company with no recourse...  Anyway, the writing is here on the wall for you.  Trust them if you want to be parted with your coins.

yeah if I recall 3000 usd to start and drop drop drop drop drop   to about 350 usd  in under six months.


 I would also say  they killed ltc and it never really recovered. but that could be quite an argument as other factors stand in for that.

To op I am still willing to test and review a model plus pay a fair price for it.

But Most people here would say I am trustworthy and you are not trustworthy.

I am like  I will give a guy a second chance.  So when you are ready to send me a demo I will run it test it do a long thread on it.

And then pay you for it. or ship it back on my dime.  your risk is I run away with one unit which since it is shipping to my home in NJ, USA  means I would be running away from my home.  Which I am not looking to do at the age of 59.
sr. member
Activity: 546
Merit: 253
Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them
Do you trust them?.. I would not. Because:
..

I don't know much about them, I can say before buying I would want a video showing it working and also pool side shown.  Then I would want to read a few reviews to see what others think of it.   I have only purchased once during devlopment... terrahash long long ago and learned lesson and paypal saved my butt on that one.  So if were talking about trust to purchase... no not yet.

And it could be me but https://bitcointalksearch.org/topic/m.16681727 look a lot like some old S5 part's for chassis.  And I could be wrong it's been a while since I have had one.  But that makes me wonder even if work's if still in prototype stage vs production.

But again I have not followed them closely, I would love to see more miners out there.  But I'm a skeptic at this point with new gear I know little of.   And no offense was meant by that to OP.  It just is there is a lot more they could show assuming that unit works.

I agree, before I buy I'd want one in hand before I pay or have a trusted member of this forum with the same opportunity. I'm all for supporting a alternative to what we have, but won't be ripped off.
legendary
Activity: 1456
Merit: 1000
Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them
Do you trust them?.. I would not. Because:
..

I don't know much about them, I can say before buying I would want a video showing it working and also pool side shown.  Then I would want to read a few reviews to see what others think of it.   I have only purchased once during devlopment... terrahash long long ago and learned lesson and paypal saved my butt on that one.  So if were talking about trust to purchase... no not yet.

And it could be me but https://bitcointalksearch.org/topic/m.16681727 look a lot like some old S5 part's for chassis.  And I could be wrong it's been a while since I have had one.  But that makes me wonder even if work's if still in prototype stage vs production.

But again I have not followed them closely, I would love to see more miners out there.  But I'm a skeptic at this point with new gear I know little of.   And no offense was meant by that to OP.  It just is there is a lot more they could show assuming that unit works.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
once bitten twice shy, i will never trust you again.

I'm in this camp.  asiabtc talked me into paying a ridiculous price to purchase their soon to be released blade miner, and after many weeks of waiting a bunch of gridseed miners eventually showed up.  This was after he began selling the blades for nearly half what I was charged.  Never got any sort of compensation or even an apology.  I assumed it was communication issues involving a language barrier and eventually gave up.  I wonder how many other people have been similarly screwed by this company with no recourse...  Anyway, the writing is here on the wall for you.  Trust them if you want to be parted with your coins.
legendary
Activity: 2030
Merit: 1076
A humble Siberian miner
Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them
Do you trust them?.. I would not. Because:

Quote
and we all know they now are out of the game. 

May be they just make a HW for themselves?.. Why not?
legendary
Activity: 2464
Merit: 1710
Electrical engineer. Mining since 2014.
0.42 Bitcoin per TH is going to make this unit a non-starter. That would be WAY too high compared to the S9, and even a bit on the high side compared to the INSANELY OVERPRICED R4.

 Hopefully that price is outdated and will be adjusted.


the price will be lower when selling.
Any idea yet about the when?  Wink
sr. member
Activity: 546
Merit: 253
I can't wait to buy a few and test them out.
legendary
Activity: 986
Merit: 1000
Crypto Currency , Mining, Exchange ATM, Wallet!
0.42 Bitcoin per TH is going to make this unit a non-starter. That would be WAY too high compared to the S9, and even a bit on the high side compared to the INSANELY OVERPRICED R4.

 Hopefully that price is outdated and will be adjusted.


the price will be lower when selling.
legendary
Activity: 1484
Merit: 1004
0.42 Bitcoin per TH is going to make this unit a non-starter. That would be WAY too high compared to the S9, and even a bit on the high side compared to the INSANELY OVERPRICED R4.

 Hopefully that price is outdated and will be adjusted.


The question is when  Wink
legendary
Activity: 1498
Merit: 1030
0.42 Bitcoin per TH is going to make this unit a non-starter. That would be WAY too high compared to the S9, and even a bit on the high side compared to the INSANELY OVERPRICED R4.

 Hopefully that price is outdated and will be adjusted.

legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Yeah... let's evaluate...

10TH/s for 4.2BTC not gonna get it until April if I'm lucky.

(9.5TH) 2xS7 for 5.6BTC I have in my hands next week.

I mine for 12 weeks with those S7s before I have the possibility of getting yours.  Even with 10% increases every jump, I'm still going to mine about 3BTC in that timeframe.  That more than makes up for any price difference between the two miners.

Good luck with that.
LOL... Guess I was wrong on the date I would have gotten the miner.  Shipping in March or April, huh?

Glad you guys actually got a unit built, but you missed your mark by over half a year.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Well it's a much simpler machine, shouldn't be too difficult. And if it doesn't fall apart in ways that aren't covered by any reasonable warranty plan about 20% of the time it's worth a bit more just because of that.

well the website does not list them at this time.

and I am not inclined to do a preorder or pay 4.2 coins for a 10 th machine.

BTW coins are up to 6.62 usd.

I don't mind paying 1000 usd  for it.

The 13th bitmaintech is 1550 so 10/13 x 1550 = 1192  usd that would make it exactly equal per th to $ usd

It would be able to run on a 120 volt 15 amp circuit.  which means the EVGA 1300 g2 comes back into play for home miners.
I would love to see this at $899.99 and 75 usd to ship it from The east to the USA>

$975 total would be good.

oh bitmaintech will simply drop its price to beat it but I did sell most of my s9's off and I am holding 20+ coins at the moment.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
Well it's a much simpler machine, shouldn't be too difficult. And if it doesn't fall apart in ways that aren't covered by any reasonable warranty plan about 20% of the time it's worth a bit more just because of that.
legendary
Activity: 1456
Merit: 1000
Don't get too carried away guys.... "the price is BTC0.42/THS, fob china"

0.42BTC per THS considering it's 10THS, that makes it around 4.2BTC

That's definetely some old numbers. This miner should be competetive to S9, so the price should be about 2.5-2.8BTC. The lower the better. )

Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them, and we all know they now are out of the game.   I will be really suprised if they can price on same level of Bitmain, but would love to be wrong and surprised on it.
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
And unless the chips are way better than the engineering samples from earlier this year, there's no way it'll hit 10TH. At 104 chips per miner that's 10W per ASIC by the given J/GH curve which means a 1KW S5 which means meltdown. It also means 10W from a 6x6mm chip; the actual S5 ran about 7.5W from an 8x8mm chip and still had problems - 2.3 times the heat density means meltdown.

I don't have performance data for this chip handy but expect ~5TH from a board pair.
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