Unofficial BITMINE CoinCraft series 28nm ASIC miners thread - page 2.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: Collider on October 09, 2014, 06:38:37 AM

Not really. Feel free to camp outside an office building (which isn´t in the middle of a financial HUB like MTGox headquarters) and try to attract any attention whatsoever.
(I for one have better / more lucrative things to do with my time though).

I don't know what your interest in Bitmine is, but judging from some of your postings here:

https://bitcointalksearch.org/topic/m.9140308

you either are related to Bitmine (employe, investor,...) or they owe you a huge refund and you don't want any negative stories about them around.

To be honest, I wish that in September a disgruntled customer of Bitmine had made the headlines of wasting his time by picketing outside their offices, a lot of us would have taken notice and not gotten lured into ordering from them.

Why do people even keep supporting these crappy companies like BFL and Bitmine? Stockholm syndrome?

Collider

hero member

Activity: 714

Merit: 500

Quote from: SolarSilver on October 09, 2014, 06:33:18 AM

Sure, but at least that would attract some press attention.

Remember the lone guy with a sign outside the MtGox offices that caught so much attention weeks before they folded?

Not really. Feel free to camp outside an office building (which isn´t in the middle of a financial HUB like MTGox headquarters) and try to attract any attention whatsoever.
(I for one have better / more lucrative things to do with my time though).

As I previously said, the easiest way is to work it out with bitmine and get compensated with hashpower / cloudhashing at a reduced price.

If you happen to be a Swiss citizen and are fluent in Italian, feel free to send them a "Betreibung", which is the first step to getting a court-approved claim.

If that isn´t true for you, the best option would probably be to wait for your refund.

As I see it, the cloudhashing service is operational now, with some software back-end issues to work on.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: Collider on October 09, 2014, 05:39:46 AM

That is a stupid idea. The only thing that you will achieve is getting arrested.

Sure, but at least that would attract some press attention.

Remember the lone guy with a sign outside the MtGox offices that caught so much attention weeks before they folded?

Collider

hero member

Activity: 714

Merit: 500

Quote from: michal1 on October 09, 2014, 05:36:47 AM

What do you think about go to Swiss with few people from all Europe in the same day?
Who can ride with me to Swiss and check what this company do and speak with them face to face and demand our money!
We don't leave their company until they give us money back. Otherwise we can wait another year.

That is a stupid idea. The only thing that you will achieve is getting arrested.

michal1

newbie

Activity: 24

Merit: 0

What do you think about go to Swiss with few people from all Europe in the same day?
Who can ride with me to Swiss and check what this company do and speak with them face to face and demand our money!
We don't leave their company until they give us money back. Otherwise we can wait another year.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: ?? on ??

In a nutshell; Ordered in December, paid 12 BTC, received in April, mined 13 BTC to date
(lost money if we look at $, make roi if I only look at BTC)

Oh I am only looking at BTC, don't care for the exchange rate (perhaps only to cover the costs of hosting and running the machines).

I guess you got lucky ordering in December when the BTC exchange rate was far more favourable than for most of us who ordered in September.

At current difficulty and exchange rate, are these still covering all their costs or is that one of the reasons you consider getting rid of them?

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: ?? on ??

I am parting out my 3 CCD miners -- earned 12 BTC over their lifetime, so -- made ROI

Total 14 modules

Modules are $175 each; $150 for 2 or more; $100 for 4 or more; + shipping

PM if interested

~nh

Can you explain to those who did not ROI (like most of us) how you did the math? When did you order? How much did you pay? When did you take delivery?

AdamT

hero member

Activity: 486

Merit: 500

Quote from: macfarlane801 on September 27, 2014, 08:02:07 AM

Just so that you people know I was owed $40,000 by bitmine and yesterday I got my mining contract (36 TH/s) and have my account setup.

LOL. Sounds like a paid Bitmine shill. These scammers don't return emails AT ALL. Paid for a miner ($5k) received nothing whatsoever. No refund as requested. Zero communication. Fucking scammers.

kapanec

newbie

Activity: 24

Merit: 0

Quote from: macfarlane801 on September 27, 2014, 08:02:07 AM

Just so that you people know I was owed $40,000 by bitmine and yesterday I got my mining contract (36 TH/s) and have my account setup.

I am very sorry for you because you'll never get back your money. Feel happy with 36 TH, and please confirm that you're not Bitmine employee

macfarlane801

newbie

Activity: 13

Merit: 0

Just so that you people know I was owed $40,000 by bitmine and yesterday I got my mining contract (36 TH/s) and have my account setup.

elvizzzzzzz

full member

Activity: 135

Merit: 100

Another thread reported that the Australian government is asking questions about who owns bitcoins.
That got me thinking about the coins I sent to Bitmine. Was this a donation, a bad business decision or
was it theft? It matters because I may be able to offset losses against taxation.

However, if I say my coins were stolen, the first question is going to be : "did you tell the police?
have you an incident number?"

I *think* the email address of the local police was posted earlier on this thread. I'd be interested to
read what others think.

webiky

newbie

Activity: 17

Merit: 0

Because Bitmine doesn´t communicate and didn´t return my money, I decided to warn all potentional buyers:
http://bestp2pool.wordpress.com/2014/09/22/do-not-trust-bitmine-ch/

xnu

newbie

Activity: 24

Merit: 0

What you can say definitely they breach their own written forms.

http://algotrade.co/rrf.jpg

AdamT

hero member

Activity: 486

Merit: 500

Quote from: nikauforest on August 06, 2014, 01:52:56 AM

Has anyone received a refund recently ? via bitcoin or wire transfer ?

I would like to hear if Bitmine is actively trying to refund customers money.
I received a letter acknowledging my refund request on June 6th , 2014 for order #4036

They owe me approximately 6 BTC

Your 6 BTC are forever theirs and you will never get it back. Sorry to break the news. I've been waiting since April, with basically zero response from them. No emailed returned at all, no updates on my refund, nothing. Called many times, finally got annoyed being blatantly lied to over and over again. "2 weeks" and "2 weeks" it's just all bullsh*t. Worst company ever.

nikauforest

full member

Activity: 298

Merit: 149

Has anyone received a refund recently ? via bitcoin or wire transfer ?

I would like to hear if Bitmine is actively trying to refund customers money.
I received a letter acknowledging my refund request on June 6th , 2014 for order #4036

They owe me approximately 6 BTC

elvizzzzzzz

full member

Activity: 135

Merit: 100

A summary of my latest discussion with a lawyer:

1. To prepare and launch action via the Swiss courts will cost 1000-1200 Euro.
Their courts do not provide for class action, hence even if a workaround is
found (see below) it will not scale well. My Bitmine order is simply too small to
make legal action profitable.

2. One way around this is to buy up refunds from Bitmine's (ex-) customers.
Before you get too excited about this, from my reading of the threads,
at best the expected payback is of the order of fifty percent of the refund.
Deducting for risks, costs and investment, if I were to go down that route,
well, ten cents on the dollar for your order seems about the market value.

Just my opinion, and my interpretation of some advice. I'd be happy to hear
differently, and this is not an offer to buy your order, just by the way.

elvizzzzzzz

full member

Activity: 135

Merit: 100

A lawyer has visited Bitmine, and it seems there are some proposals emailed.

Here, no-one seems interested in a refund. Go figure.

elvizzzzzzz

full member

Activity: 135

Merit: 100

@collider

IMHO at some point Bitmine became a criminal organisation. I'd be happy to let a judge decide exactly
when that happened.

As to a refund in hashing power, *today*, eight times my ordered hardware would be fair, I might accept
five times if I thought Bitmine would (a) honour the deal and (b) survive more than a year.

xnu

newbie

Activity: 24

Merit: 0

I am to, just received standard answer:

Quote

Given your position in the refunds processing queue and our cash-flow projections, your refund is expected to be processed about on the second half of October, 2014.

That answer does not create much trust in their words because one of my friends has asked for a refund much later than me and he has queue position in September. He even hadn't filled any refund forms. So, basically, this so called "queue" does not exist in reality. Truth is that they either don't have the money or are refunding their partners first. That would make more logical sense than this "queue".

Collider

hero member

Activity: 714

Merit: 500

What I was meaning to say is, there was no intent to rid you of your money from the start, it therefore is no criminal offence.

The only thing you can do is open a civil lawsuit with the mentioned high costs and problems.

It is not efficient to do so unless you have a huge order with them, and everyone else would probably be better off by either waiting for your refund or finding a solution with double the hashpower / using credit towards cloudmining.

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