Post
Topic
Board Beginners & Help
Re: Would like to respond to a topic about Leasebit.com
by
tnathe
on 12/11/2013, 21:03:01 UTC
BUYER BEWARE!!!!

I will post my email thread with my interaction with him...DO NOT purchase something they cannot even tell you what they have, nor show LEGIT pictures on their website.  They CAN NOT prove the miner's operational status to you, not even through a weekly report via email.  Any startup should at least be able to grab you output from the logs and email to their customers!

EMAIL THREAD:
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It isnt the first payment or even the second and third payments that cause stress, it's the remaining 50 plus payments I'm legally obligated to pay by signing the contract.

Your website clearly states the machines "use 3 Golden Nonce ASICs".  The Golden Nonces are manufactured by HashFast.  Why arent you disclosing the hardware you guys use?

Bitcoin IS new and risky and one reason it is so risky is because of startup companies taking clients money and never delivering.  You are doing very little to prove to your new customers you guys have what it takes to run a successful business.  I wish you luck and hopefully I will start seeing positive reviews about bitlease.com in the bitcoin community.
________________________________________
From: Rowan Salter
Sent: 11/8/2013 11:15 AM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form

Our equipment is not Hash Fast though they have a good product. Hold off till your comfortable. Generally speaking if the $149.00 first payment causes such stress it is not a suitable investment. Bitcoin is new and risky. We appreciate your consideration.
Sincerely,

Rowan Salter

Tweet us @leasebit
http://leasebit.com

Please return new LeaseBit leases via hardcopy with funds attached to:

LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

On Nov 7, 2013, at 6:06 PM, Tyler Nathe <tylernathe@hotmail.com> wrote:
Thanks for the response Rowan but number 3 didn’t really answer my question.  Do you guys currently have the mining equipment on site or are you waiting for shipment from HashFast?  Do you have any actual pictures of the equipment on site if so?  That would certainly be reassuring.
 
I’m sorry, but without at least a weekly report of the miner’s performance I cannot in good conscious submit a 5-year contract for a piece of equipment I have never seen or know how it is performing.  A report could be as simple as an email stating the average hash rate and the number of bitcoins it has mined during that period as well as a cumulative total.  
 
It would also be to necessary to provide addresses in which the miners are collecting bitcoin payments on so we can see how the miner or farm of miners are doing as a whole.
 
Your business model sounds GREAT, but without some sort of verification process for us the clients it would be extremely risky for us to commit to such a long term contract.    
 
Thank you,
Tyler
 
From: Rowan Salter [mailto:rowan@leasebit.com]
Sent: Thursday, November 7, 2013 7:38 PM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form

 
1) we will thru an Ipad ap within 90-120 days.
 
2) we cant specify what has not been built yet. Any representations would be goals not promises
 
3) This concept is workable but has enormous risk. As you don't have to capitalize  the miner  you may judge it worth it.
 
We can promise to do our best. This is a frontier product in a new financial territory.
 
Sincerely,
 
Rowan Salter
 
Tweet us @leasebit
http://leasebit.com
 
Please return new LeaseBit leases via hardcopy with funds attached to:
 
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

On Nov 7, 2013, at 9:33 AM, Tyler Nathe <tylernathe@hotmail.com> wrote:
Dear Rowan,
I have yet to receive a response to the following questions:
     1. Will you provide a way to view live miner stats or send daily/weekly reports of the miners productivity?
     2. Do you have a set schedule in which upgrades will take place and how much processing power will be added on each upgrade?
     3.  Is the hardware currently on site?  

Unfortunately in the bitcoin industry there appears to be a lot of scams going on, even from large reputable dealers such as Butterfly Labs which leave their paid customers habging for months with no product and by the time they do receive product it is too late to make any money from mining since it is outdated hardware.  I just need to know that my investment is safe with leasebit.com.

Thank you,
Tyler Nathe
________________________________________
From: Tyler Nathe
Sent: 11/6/2013 2:26 PM
To: Rowan Salter
Subject: RE: Someone submitted your Contact Us form

Thanks for the response Rowan.  If you could, please answer my questions I sent to the solutions@leasebit.com email address yesterday so i can remit my contract and payment to you ASAP.  I know in the bitcoin mining world "time is money". Smiley
Thanks again,
Tyler Nathe

Locked and held

Sincerely,

Rowan Salter

Tweet us @leasebit
http://leasebit.com

Please return new LeaseBit leases via hardcopy with funds attached to:

LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

> On Nov 5, 2013, at 9:08 AM, Contact Us form <forms@apps.registeredsite.com> wrote:
>
> Name: Tyler Nathe
> Email:
> Phone number:
> Subject: qty 1 Braun1 price lock-in
> Message: This is to lock in the price of $149 for a qty of 1 braun1 lease as advertised. Thank you.