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Topic: Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 50. (Read 96796 times)

hero member
Activity: 700
Merit: 500
is this guy the owner of black arrow software ?
https://www.facebook.com/alex.sovu


According to the Articles of Association another user posted here, the name is certainly accurate. https://bitcointalksearch.org/topic/black-arrow-limited-list-of-documents-716310  There's a lot of interesting reading to be done about Black Arrow Software and their association with Alex Sovu who is rumored to have a reputation/background for fraud and scams according to this: https://bitcointalksearch.org/topic/m.2242650

You can see the past and present information of the directors of one of his other companies here, which is a matter of public record:
https://www.opencompany.co.uk/company/07035674/bbyte-ltd

It's interesting to note that his partner seems to have something of an identity crisis when it comes to her name, which includes both Cristina Iulia Ixari and Mrs Iulia Cristina Ixari.

see this page. 

they have not denied to this point that this is the same guy:

http://portal.just.ro/300/SitePages/Dosar.aspx?id_dosar=30000000000012214&id_inst=300
legendary
Activity: 2800
Merit: 1012
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Look at that guys, BA has enough time to get on here and delete posts, yet they don't have enough time to get anything else done.  Where you at in the shipping queue Alex Sovu?  Only 40% of the way through?  You guys are the biggest pieces of shit this side of Shenzen.  Do everyone a favor and pack it up and die you worthless pieces of shit.
legendary
Activity: 2800
Merit: 1012
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Isn't that what you asked people to do when you had the backplane failure?

Also Bobsag has alluded to doing some assembly and also going over to China to do just that.

I ask again, what have you actually done?  You haven't designed your own chip, the backplane was made by another party, everything you have "designed" has had to be reworked at least 3 times.  You are nothing by failure and will soon fall.  I am guessing your money supply is getting pretty low right about now, can't have any orders coming in since your selling shit and your rep has gone lower than BFL's.  Have fun living on the streets or in jail you worthless excuse for human beings.
legendary
Activity: 2800
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The scam that keeps on scamming.
legendary
Activity: 2800
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don't forget that they are doing it with compensation!  first they told compensation, then they redid it, then they said when shipping started they would relook, then nothing changed effectively screwing everyone, then it was, well lets see when shipping is done.  all the while, they were supposed to ship compensation with orders, then in the same batch, now, once shipping is done, compensation will start. it has been pushed back and back and back, meanwhile becoming more and more worthless by the day, just like their joke of a product. I wouldn't be surprised if they never shit out one unit of compensation for anyone.  mark my words, it seems like it more and more everyday, they will not ship any comp units, and if they do, they will be worthless and used for 3 months plus however much longer it takes from today.
legendary
Activity: 2800
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Because they are a giant scam and know there products are worthless now which is why they would rather illegally refuse your refund and instead opt to send you their out of date crap.

As to what you can do, start complaining to government bodies, there is a thread somewhere that has the pertinent bodies to address complaints to, and hope they do something.


Your scam is unraveling BA, whats your next move you lying scamming pieces of filth?  Hows that investigation into the email list going Alex Sovu?  Getting anywhere or was it pushed under the rug because you know you sold it you trash scumbag?
legendary
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Hopefully everyone remembers what has happened since the, "tape out" of the SHA-256 chip.  Remember how they were on track all the while for February delivery.  Then, with only a month left until shipping, decided to break the news that tape out hadn't even happened yet, although before claiming that they were still on track?

Remember how they said how quick of a process it would be once the chips were received, and now, months later, they have barely made a dent in their shipping queue?

Remember how they have said multiple lies on various subjects and continue to lie and defraud customers by mining with customer equipment?

If you order a scrypt miner from BA, I can guarantee 95% that it will not be available in December.  I will have no remorse for you and your lost money, and instead will laugh at you because you are obviously ignorant.  If you even think about ordering from a company that will not release the full chip specs, you deserve to lose your money!

They still haven't released their specs of the SHA-256 chip yet.  Bobsag had to do that, and they never commented on those stats or about the chip frequency.

Also remember how they completely missed their power targets between tape out and final chip production.  They also completely missed on almost every other aspect of the miner, or they have been self mining and have been lying about messing things up, either way do you want to do business with a lying company or an incompetent one?  Come to think of it, they lied and are incompetent.

I am willing to put up 1 btc into a trusted escrow against BA that a functioning scrypt miner will not be shipped by the end of December from them.  The chip must meet power specs and hashrate by shipping time as well, which means they must disclose this information to me for the bet to be valid.  If they are unwilling to take this bet, they obviously do not stand behind their product and are just trying to steal more from the community.

BA, you have really learned from BFL and have overtaken them on many regards.  It is time to die, you have lost too much reputation and are too scumy to continue operations.  Pack it up and die you sons of bitches.
legendary
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They already are. It says right on their website to contact them for a price.  They are selling pre taped out scrypt ASICS.  What a joke!

People, look at the scrypt scene.  The hashrate is exploding with all the new ASICS coming on the market.  They have marginally better power numbers for miners claiming to be out in December, than whats available today.  By the time they actually ship, these will be as worthless as their other product lines.

By the way, there is no way to actually contact them.  Clicking the blue link on the product page just reloads the page.  And going to their contact us doesn't have an option for scrypt.  Real professional launch of your new product BA.
legendary
Activity: 2800
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I understand your frustration as BA is a bunch of liars and thieves, but do you really want to BFL the situation and trade in a worthless product for a next gen worthless product?  They haven't even taped out their scrypt ASIC chip yet, just think of all the problems that happened between tape out of their SHA chip to now.  Don't believe their lies about being more competent now and knowing the business, BFL said the same exact thing and it didn't work out to well for them.

Add in the fact that their product page says that they have gone for a more complex chip than their SHA chip and that it will be able to do more things and you quickly realize that the scrypt en devour will come out even worse than their SHA en devour, which is saying something.

They will also never upgrade your order, they know their current miners are worthless/useless and if they allowed you to upgrade, they would be stuck with it, and they don't even want their own shit.  If they did, would there really be a problem with refunding people?  If they knew they could stick that X-3 in their own farm and make tons of money, they would gladly hand you your money back, so the only explanation is either they know its worthless and don't want it (AKA they scammed everyone) or they have been mining this whole time, and have no more room for more miners so they might as well send it to you anyway (AKA they scammed everyone).

I am sorry you missed so much and then people were rude to you, I am sure they were just frustrated (as most are) and took it out on you instead of rightfully on BA.  But you haven't really missed much.  They launched a new product that is about average on power use and speed by either now or next month, and are expecting more money to fund it and have it delivered by December (yea right!).  Units have been trickling out, and any unit that does get delivered pretty much instantly goes up on Ebay or something similar.  BA gets on the forums just to insult customers and make false accusations at people and claims to be incredibly busy, but they have hours each day to delete posts and moderate forums.  The lying and blaming customers continues instead of taking blame for their fuck up.  And recent developments now also include selling customer data to competitors and who knows who else.  Right now only email lists are confirmed, but I doubt it would surprise many if passwords and usernames as well as addresses were also sold or made available.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
http://www.blackarrowsoftware.com/store/160ghash-mining-solution.html

"912 Ghash Bitfury Mining solution"

"$1250"

"Availability: In Stock"

"USED, Non-refundable"

And at ~50W per board you're looking at nearly 1200W for just over 900GH.

On the plus side, it shows that they've filled their datacenter capacity to the point where they have to sell off their old mining equipment.  I got an email response stating that they are currently mining with X3s for "testing" purposes and that testing is taking longer than expected, which is why they aren't providing the 5 days of free hosting as promised.

So now that they're admitting they have the machines and are mining with them, it shouldn't be too long before they actually start shipping to direct customers who ordered in 2013 like myself.  This is better than nothing, maybe?  A refund of my 0% loan for a year would be the best option, but they've already made it clear from denying my refund requests for the last 6 months that they will not be parting with a penny and instead will continue lying and stealing from customers.  I strongly suggest avoiding them, minersource, and the "new company" that is selling their miners under a different name with a different form factor.  In any event, as suggested, these miners will be unprofitable very soon so they will probably step up their shipping with the next difficulty adjustment.  Factor in another difficultly adjustment for packing/shipping time and we should get these miners just in time to set them up to heat our houses for the remainder of the summer and only lose a few dollars per month operating them after cooling.  However, you'll be able to sit in a loud 90 degree room and play flappy birds on a tiny screen so it's $7,000 well spent.
legendary
Activity: 2212
Merit: 1038
http://www.blackarrowsoftware.com/store/160ghash-mining-solution.html

"912 Ghash Bitfury Mining solution"

"$1250"

"Availability: In Stock"

"USED, Non-refundable"
legendary
Activity: 2800
Merit: 1012
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nothing changed !!

what a shitty situation
our miners will do nothing when we 'll receive it
BA stoled our BTC and use our money for them
they should at least swap our sha 256 for scrypt miners
that's where mainly our money went

I understand your frustration as BA is a bunch of liars and thieves, but do you really want to BFL the situation and trade in a worthless product for a next gen worthless product?  They haven't even taped out their scrypt ASIC chip yet, just think of all the problems that happened between tape out of their SHA chip to now.  Don't believe their lies about being more competent now and knowing the business, BFL said the same exact thing and it didn't work out to well for them.

Add in the fact that their product page says that they have gone for a more complex chip than their SHA chip and that it will be able to do more things and you quickly realize that the scrypt en devour will come out even worse than their SHA en devour, which is saying something.

They will also never upgrade your order, they know their current miners are worthless/useless and if they allowed you to upgrade, they would be stuck with it, and they don't even want their own shit.  If they did, would there really be a problem with refunding people?  If they knew they could stick that X-3 in their own farm and make tons of money, they would gladly hand you your money back, so the only explanation is either they know its worthless and don't want it (AKA they scammed everyone) or they have been mining this whole time, and have no more room for more miners so they might as well send it to you anyway (AKA they scammed everyone).

I am sorry you missed so much and then people were rude to you, I am sure they were just frustrated (as most are) and took it out on you instead of rightfully on BA.  But you haven't really missed much.  They launched a new product that is about average on power use and speed by either now or next month, and are expecting more money to fund it and have it delivered by December (yea right!).  Units have been trickling out, and any unit that does get delivered pretty much instantly goes up on Ebay or something similar.  BA gets on the forums just to insult customers and make false accusations at people and claims to be incredibly busy, but they have hours each day to delete posts and moderate forums.  The lying and blaming customers continues instead of taking blame for their fuck up.  And recent developments now also include selling customer data to competitors and who knows who else.  Right now only email lists are confirmed, but I doubt it would surprise many if passwords and usernames as well as addresses were also sold or made available.
sr. member
Activity: 402
Merit: 250
time is btc and everybody wants some, maybe someone will
sell me a 1 month summary for 0.5 btc ??

X1s are trickling out to customers who ordered from BA, at about the rate of 1 per day. X3s don't appear to be shipping at all yet.

that pretty much sums it up.

both systems are trickling out, there is seemingly no order to shipments relative to your payment or shipment date, no further update on compensation or when that will ship, they've decided to try to fuck everyone that they had formerly promised refunds to.

So, nothing has changed, basically.
sr. member
Activity: 402
Merit: 250
well they must have gotten my complaint from the Hong Kong consumer council. 

locked out of my account.  resetting the password does no good.

I already copied out the support dialogue, but nice try.  each and every snippet going back months, packaged in a neat little pdf file.

putzes.
newbie
Activity: 48
Merit: 0
Just got my 2 X1's from MS and one is hashing fine and the other won't hash at all.  Cgminer won't start and says "cgminer slow to respond.  Possible pool problem?".  I know it's not the pool configuration and I've dropped the speed on it with no change.  I would open it up but MS puts a sticker on it that voids the warranty if broken.  Sick and tired of this shit.
sr. member
Activity: 402
Merit: 250
I'll bet they renege on that promise, too - just like they're refusing refunds that they promised in March and April. They're out of money, because they spent it all to buy parts.

They'll probably give you 10% off their new scrypt miner, though, whose development they financed with our pre-order money.


I don't believe they're out of money.

They had issues with components, fine.  But that does not assure huge cost over-runs, unless they were stupid enough to buy all the backplanes, ASICS etc. without testing them, then that's their problem. 

They said repeatedly that they funded most of this from sources other than pre-orders anyhow.

Based on the history of Alex Sovu, I believe they are simply making every attempt to keep the money, not that they do not have it.

Money could also have been paid out to investors already and that's why they are out of money.  That's their problem if that's the case, which they are trying to make ours.

Who knows where the money went, but I'm not buying their story that it all went to build parts.

Could they refund everyone that wants a refund at this point?  Probably not, because that would be everyone, but there is money there, I have no doubt.  They know if they start issuing refunds there will be a run on the bank so they're trying to screw everyone instead.
legendary
Activity: 2212
Merit: 1038
My X1 arrived today (technically yesterday, as it's now past midnight)...

Paydate was December 3rd (ordered through minersource)



Income-wise / on the bitcoin side of things [ and only because of the manufacturing / shipping delays ] I was somewhat disappointed that it performs "merely as promised..." so I really can't do much to improve that, though once I got everything configured right I spent some time hacking around and loading flappy bird onto it.

Plays great!

We need a pic  Grin
legendary
Activity: 2800
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Shit, they keep coming, just got another one from someone ending in justhack.net.  Be careful, who knows where these come from but they are probably virus containing emails.
legendary
Activity: 2800
Merit: 1012
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I just got an invoice from, "Bitmine Tech" but it was from [email protected].  All it says is "confirmation 18XX."  There was also an attachment that is a .jar file.  Is this possibly a virus because my email address was sold to someone?

Yes, don't open.

My thoughts exactly.  Forwarded onto bitmaintech for their reference since it seems that someone is sending emails disguised as coming from them.

But, I am not sure how that particular email address would have gotten out besides BA selling it.  I do use it elsewhere, so I cannot definitely say it was them, but anywhere else I use it is trusted and not a complete fuck up like BA is.  Looks like they are still selling private information.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
I just got an invoice from, "Bitmine Tech" but it was from [email protected].  All it says is "confirmation 18XX."  There was also an attachment that is a .jar file.  Is this possibly a virus because my email address was sold to someone?
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