We have seen a number of companies do this. Fail to deliver and move on to the next chip with 100s or 1000s of unhappy customers still waiting for product. Black Arrow is a company that should be shut down and their executives brought to trial.
^^^ lol
But.... seeing as I took delivery of an X1 earlier this month it looks like I'll (allegedly) be missing out on a X1.5.
That's good. People who ordered after me get a more powerful product.
Feeling the love here

I ordered a year ago and have gotten nothing. No X3, no X1s. Now they talk about 14nm. What a joke. If they get one single preorder then i will have seriously lost faith in human intelligence.
My definition of a scam company is one that takes money from customers by deceiving them then, fails to provide anything of value in return.
Black Arrow's own contradictory words proves they are liars and covers the deception angle. I've received nothing of value in return for the money I paid almost a year ago, so there you go.
We have a proven scam company actively soliciting a million dollars+ from potential investors for vapour-ware miners made from Samsung wont give you 14nm in a month from now you fucking clowns ASICs.
Not to mention violating every consumer protection law in the book, mail fraud and tax evasion on the $90,000 in coins they mined.
To any potential investor I can guarantee they're going to be so in your face with the tens if not more millions of dollars they'll make off your investment while giving absolutely nothing in return for your cool mil. In-fact I wouldn't be surprised if they've even figured out a way to leave you with a bill to pay when all is said and done, you know just for that little extra bit of spite.
well, they sold these based on promises that they are not keeping.
they are violating consumer laws all over the world.
fraud? as far as I'm concerned no doubt about it. a company run by a known credit card fraudster that has done nothing but change his game to a new kind of scam as far as I'm concerned.
anyone that sends these people a dime at this point needs a CT scan.
they failed technically with miners that start on fire, they failed logistically by being unable to develop this or ship this in any sort of reasonable timeframe and they have failed financially, by squandering their customers' money, they have failed miserably in terms of customer service/relations.
To me it seems that they have failed in every aspect of this project and this business.
anyone would be better of plunking that money down on the craps table than investing with a company with a performance record like this.