Hey everyone,
I wanted to make sure and get back on here (after leaving a not-so-positive post last week) and let you all know that Ry and nTek/RevUp's 1.2TH Miner should be added to the list of reputable companies/machines. I phrase that comment carefully, because while I would gladly say the aforementioned, note I am not endorsing their company or products just yet, as this only fulfills the first half of the (nTek provided) agreement.
I would like to mention here that I do not work for, have stock in, or are in any other way affiliated with this company other than purchasing equipment from them, but I would like to say that nTek has offered a very transparent (and unique) ROI agreement with the group of investors that backed the company from the beginning (of which I am one), and that have stuck out the [grueling] six month period of setbacks and delays. I will not go too much further into detail because the agreement terms would limit that, but I will say that this company has offered something that NONE of the other companies in this industry have even considered - an agreement that makes total sense and compensates 100% of lost mining time with what would have been mined by the equipment purchased.
Now back to my original statement of non-endorsement - this compensation is yet to be realized, but I have no reason to believe that nTek will do anything other than [continue to] fulfill it's commitments. I mean after all, Ry has put himself and his parent company (RevUp Render), way too out in the open (home addresses, cell phone #'s, social accounts, etc.) to make a group of people within this community unhappy. That said, I would expect that after all commitments from nTek (in regards to ROI for LMT) have been fulfilled, I would then endorse their company and tell other Bitcoin (& alt coin) enthusiasts that may be interested in investing in their equipment, to do so. Until then, I would invest with them with the understanding that they are still working through satisfying their first batch of purchasers and it may be some time before receiving any equipment from them.
I have waited (very patiently) for over six months and [finally] received my miner on Tuesday, 07/22/14. After some struggle adding it to my pool (surely user error), I have been up and mining now for about 18 hours and am averaging about 1.3TH/s
Those who have received their miner from nTek are likely feeling about the same as I have explained here and I would tell those (from the first batch of purchasers), who have yet to receive their miner that it is likely on its way. I am glad to see there are a few others out there that did their homework before purchasing and felt confident buying from this company and making the decision to stick it out - I believe the ROI for LMT will prove this was a great investment and I for one, look forward to working with nTek in the near future to increase my mining capabilities.
Here is a current pic (taken today 07/24/14) of my nTek miner:
http://i.imgur.com/MNDY6Bp.jpg?1Thanks and Happy Mining!
-BS
