Please tell me you are joking! Did you read this thread before ordering? This is a "probable scam".
The Scam ListNo I didn't read this hence why now I'm worried. But why would BitCoin Magazine talk so securely about?
Because apparently, Ruben Alexander (the author of the article) is a lazy SOB and simply posted a Press Release directly from Boscombe and claimed it was an "article" that he wrote. He should be fired immediately.
hey Ruben here. This was a press release handed to me by someone who had too much on their plate. Press releases are simply a company announcing something they are offering or planning to offer. It isn't an in depth review and no research has been done especially when the product can't be reviewed (prerelease) and being made for the first time. The moment someone from the community said the company was a scam I took the article down immediately.
In general, and as a miner, I would never buy a miner based on seeing a press release, advertisement, or review. I've taken the risk with a couple mining companies and have had mixed experiences (super late BFL deliveries + very good KNCminer experiences), but in every case (except with ASICMINER) all miners sent to me were late and a schedule slip in mining always means lost money due to difficulty increases. I have never had the misfortune of ordering product from a company that has gone bankrupt, but this is the risk you face with mining companies selling you product that doesn't exist.
There's still no excuse for not checking the background on this company in advance, so I apologize and will make an effort to look into companies requesting press releases in the future. I'll check the scam list xstr8guy has made if the situation comes up again.
Bitcoin Mag is chock full with intelligent writers, proofreaders, and editors and the reviews and discussions that go on with our articles is inspiring. Every one at Bitcoin Mag is passionate about what they do and truly want every Bitcoin owner to be informed with all that goes on related to digital currencies. I do try to uphold this standard for my peers and for my community with my articles + I hope you understand the context of this slip up and accept my apology.
Appreciate the apology Ruben, and as I mentioned in the comment I tried to leave on the article you posted on Bitcoin Mag I nearly lost ~ $6000. If it wasn't for the guys on this thread and waited a few hours longer they would have had my money. Again thanks to those who sniffed the scam. It cost me about $100 between premium rate phone calls and cancellation fees to my bank to revert the payment I've made.
I've been reading your Mag since it came out more or less and always found it a trustful source of info, that's where I learned about Cointerra, KNC, BlackArrow, etc. But after this I will have to re-think my opinion and hope in the future the whole editorial team would double check press releases before so confidently posting such announcements. The article even had a description of the company and the team and read something like "they have just opened their store but will be delivering in January because production is already underway." I drunk it like water! My fault. I believe your blog is read by quite a few people and I have it in my rss feeds so I look at it daily. I hope I was the only idiot (feel like such a noob) to have based my judgment on your article and impulsively ordered.
No bad feelings, it's clearly my mistake not to have done my own research in the first place but hopefully a good example to others who may jump to ordering a miner based on an article they read online!
You are totally right. I shared this thread with the lead editor and we will be doing more checks with companies requesting press releases + asking for adspace. As Bitcoin users start to increase in number, it makes sense there will be more rotten apple businesses trying to scam people.
Don't feel like you are the only one to jump into something prematurely. I've done it and had to learn the hard way. This is why scam lists and these sorts of discussions are important to help folks think and double check things with a trusted community first.