Rumor that Bitmain is going belly up! can't pay its chip builder! - page 10.

NotFuzzyWarm

legendary

Activity: 3822

Merit: 2703

Evil beware: We have waffles!

Quote from: crypto_curious on November 05, 2018, 06:16:21 PM

Jihan Wu is getting what he deserved. He owe a lot to crypto community. Years of extortion prices and abuse. Bitcoin Cash deal and working against community. Maybe justice is getting to him finally!

Only thing I disagree with is "Years of extortion prices and abuse". It's called Free Market and BM just charged what the market would bear. No one held a gun to peoples heads to make them buy their miners so there is nothing wrong with that at all. If you have a problem with BM then don't buy their miners. I stopped buying Ants and moved to Avalons when BM tried to force BitCH on us and have never looked back.

If BM and other miner makers charged rock-bottom prices from day-1 and in turn sold even more miners can you imagine where diff would be today?

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Inspecting their page I couldn't find anything, then I'm not that good at it. I imagine it will be a pre order of some sort, just hope it isn't that long. S15 and T15 so two models next in series I imagine.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: minefarmbuy on November 05, 2018, 09:45:32 PM

Well they announced on twitter two new models this week.

https://twitter.com/BITMAINtech/status/1059636075243524098

but is it a long preorder?

Hate to send in coin and wait for 2 or 3 months to get one.

qctechno_isback

member

Activity: 91

Merit: 17

S15 and T15 ... all the S10-11-12-13-14 went to trash ?

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Well they announced on twitter two new models this week.

https://twitter.com/BITMAINtech/status/1059636075243524098

crypto_curious

full member

Activity: 933

Merit: 175

Jihan Wu is getting what he deserved. He owe a lot to crypto community. Years of extortion prices and abuse. Bitcoin Cash deal and working against community. Maybe justice is getting to him finally!

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

I used to be able track old large wallets but last year during the runup they got into BCH and mixers and shit.

So I don't think I can do it any more..

here is a 2016 order for a s-9 batch 1-4

Bitcoin Address   1BgpVxmQUreu4n7BeWZgYagsPVzQ9WsNgH
Pay   3.513 BTC
Pay Confirm   3.513 BTC
Date   2016-06-09 14:18:27

https://www.blockchain.com/btc/address/1BgpVxmQUreu4n7BeWZgYagsPVzQ9WsNgH

sent here

https://www.blockchain.com/btc/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

this has 3,372 coins or 22 million

Order Details

Product Name   Price
ANTMINER S9 First Batch - Shipping starts from 12 June × 1   2100 USD ( 3.96 BTC )
Coupon
Shipping
UPS   0.119 BTC
Order Total:   4.079 BTC
Pay Details

Bitcoin Address   18WW19rfs6ydBwVqxgiw2PEcdvLDQ5mCu6
Pay   4.079 BTC
Pay Confirm   4.079 BTC
Date   2016-06-01 06:00:49

https://www.blockchain.com/btc/address/18WW19rfs6ydBwVqxgiw2PEcdvLDQ5mCu6

went here

https://www.blockchain.com/btc/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V same 3372 coins

Order Details

Product Name   Price
ANTMINER S7 BATCH 11 - Shipped out from March 1st~5th × 3   2136 USD ( 5.1 BTC )
Coupon
Shipping
UPS   0.29 BTC
Order Total:   5.39 BTC
Pay Details

Bitcoin Address   15J421C66F5g9gbvXxqRuPuodQRZYZc1Qw
Pay   5.39 BTC
Pay Confirm   5.39 BTC
Date   2016-03-03 19:03:55

https://www.blockchain.com/btc/address/15J421C66F5g9gbvXxqRuPuodQRZYZc1Qw went to same place

https://www.blockchain.com/btc/address/1KwA4fS4uVuCNjCtMivE7m5ATbv93UZg8V

here is a bch payment

14MAP6cCq6BXKBpZA1Kh9LVrMerwhGmPAo

https://explorer.bitcoin.com/bch/address/14MAP6cCq6BXKBpZA1Kh9LVrMerwhGmPAo

went here
https://explorer.bitcoin.com/bch/address/1MP5NPPPfiycwspBqDqeJz7s2E1K2kRYNh

and under 18,000 usd in the account.

so those numbers look like shit maybe they are a

"House of Cards" maybe not.

yrk1957

member

Activity: 531

Merit: 29

That maybe would explain why they were out of stock for Z9s for a while, in spite of them being the most profitable miners they were selling.

While it’s back in stock for the big Z9, the Z9 mini has vanished from product pages.

Edit: Fake news maybe? - https://twitter.com/nishantsharma87/status/1059324737837584389

minefarmbuy

full member

Activity: 1022

Merit: 221

We are not retail.

Well, we'll have to pull our S11 pre orders. . . oh wait.. .

Steamtyme

legendary

Activity: 1554

Merit: 2037

Interesting read. Hard to tell how much truth there is to it. I know there have been the rumors of a failed chip design, I think you mentioned something about a second even.

Phil weren't you able to check a couple wallet balances you were pretty sure were bitmain wallets? Be interesting to see what theh have in BTC reserves.

I got a nice chuckle unrelated to the article - the note at the end clarifying BCH as the true vision of bitcoin.

TheYankeesWin!

sr. member

Activity: 464

Merit: 301

By By Bitmain
By By Bitmain
We hate to see you go!

From this song

https://www.youtube.com/watch?v=1t3cBTb3xPc

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

https://coingeek.com/bitmain-losing-chip-supplier-debts-mounting/

I have heard other rumors. I do not Have much info.

Quote from: https://coingeek.com/bitmain-losing-chip-supplier-debts-mounting/

We have heard from multiple sources close to Bitcoin mining manufacturer Bitmain that the company is no longer receiving chips from its chief supplier Taiwan Semiconductor Manufacturing Company TSMC.

Bitmain’s account with TSMC is reportedly in arrears to the tune of over $300 million. Bitmain owed TSMC $1 billion but could only manage to pay $700 million and is unable to pay the remaining debts.

This news comes just two months after market research firm Sanford C. Bernstein & Co published a report suggesting the Chinese ASIC manufacturer’s prospects were so dire that TSMC should abandon favourable credit terms with Bitmain.

from the link above. Damn could it be true!

Topic: Rumor that Bitmain is going belly up! can't pay its chip builder! - page 10. (Read 19832 times)