Quote from: woodrake on September 13, 2013, 05:21:40 PM

Quote from: Sitarow on September 12, 2013, 06:14:26 PM

and now asxproject.com no work anymore.

Please understand that we do not wish to spread FUD. But do not continue on ignoring this equation.

+1 on the "highly questionable" vote.

Giles (evilscoop) and I watch the new ASIC companies with great care so we can appropriately invest CipherMine's funds, but even then we're not immune to being caught out (eg. Avalon's ASICs, though we're hopefully getting a refund). We are getting a lot better at spotting the dodgy ones though!

Both of us are highly skeptical of CoinTerra. By contrast, we have had good dealings with both HashFast and BitFury. I have spoken to several people at the former and the CEO is a friend of a friend, and I've spoken to Punin himself from BitFuryStrikesBack and Giles has taken delivery of one of their units. Both are organisations are responsive to inquiries (albeit after a delay in BitFuryStrikesBack's case); that is the hallmark of a genuine operation.

I fear for KNC as well, I must admit... but we shall see.

Kate.

I can vouch for pretty much all of those companies having spent significant time either in person or on the phone with the executives of KnC, Hashfast & Cointerra, (and have also met BitFury's Valery). All four of those are legitimate companies and i am confident that none of them are scams! I agree its safer to be wary of new asic companies and there are plenty of scams out there, but i seriously think you guys are barking up the wrong tree with KnC, Hashfast & Cointerra if you think they are scams. In all three of these cases, the executives have publicly disclosed who they are, they attend events and conferences in person, they talk to anyone who wants to call them on the phone, and they are legitimate businesses with executives who have excellent track records and with a highly verifiable past employment history. I have also dealt with all of those companies and purchased from them (and no, i havnt received anything from any of them yet, but KnC is due this month, Hashfast next month and Cointerra the month after)

Since you seem to be based in the uk (and so am i) why dont we compare notes and discuss the relative risk of dealing with the various bitcoin mining companies.

-- Jez