PFFT!

Yes please tell me how well this worked out please do tell.

Happy with recent purchase of S7s and one power supply.

Nice to see you can still rely on Antminer year after year after year.

The end...

Bitcoin startup Butterfly Labs settles with FTC for $38.6M, but it can’t pay


http://arstechnica.com/tech-policy/2016/02/bitcoin-startup-butterfly-labs-settles-with-ftc-for-38-6m-but-it-cant-pay/

SFRADS one step closer to it's 'first' miner.

Interesting to see that some samples have made it out to the general public at large. Is it too little too late for this new company? Time will tell.

Cointerra taking more hits and screwing the pooch yet again!

The mess that some of these companies have made is really staggering. Is it bitcoin or is just amateur hour for most of the mining manufacturing companies?

How many now have screwed the pooch so badly that they have stained mining bitcoin permanently?

http://insidebitcoins.com/news/bad-week-for-bitcoin-miners-c7-data-centers-sues-cointerra-for-5-4-million-in-damages/28666



Cointerra's reply:

Very low percentages can be recovered from the waste heat under lab conditions so there is little hope it would working for mining rigs. It would not pay for itself see what Marto74 tried to do at BTCJam people were too smart to invest in that losers of a scam idea.

https://btcjam.com/listings/35145-mining-equipment-heat-to-power-recuperation-project

There are some numbers of people looking at any angle to screw people over. Be very careful of anyone associated with Marto74 like projects.

Your union sounds like a federal reserve system not a union.

Chomsky on Federal Reserve

We already have significant amounts of hashing power in a few hands and any 'union' would act in their own selfish interests and if they could adjust the price of BTC they would.

They 'un'-fortunately do not have the resources just to HOLD back bitcoin as they have significant investment in the equipment and space in which they operate.

If they could manipulate the price they would, ala Mt. GOX, without having to form a 'union' there are greater powers at work who moderate the price of bitcoin.

Careful what you wish for there is already a club for those who have the majority of the bitcoins... http://blogs.wsj.com/moneybeat/2015/06/02/bitbeat-grand-plans-for-bitcoin-from-necker-island/



The same people who control fiat are discussing things with the people who have majority control over bitcoins on the planet. You tell me if that is a good thing. Front and center at the table is Bitfury... so much for your union.

http://mineforeman.com/2013/04/02/luke-jr-shows-off-the-first-butterly-labs-asic-bitcoin-miner/


I think it is dead accurate. He was the only PAID mining driver developer for BFL. How soon we all forget the April 1st, 2013 BET shenanigans right?


By the way... th/s is a joke now... you need petahash to even get started in the mining game and really cheap power say less than 3 cents a kwh. Sichuan, China... is where you will see this going on follow this thread get off reddit and get away from Luke Jr. / Nitrowolf (Inaba/Josh Zerlan) and please we all know the EMC as pool is dead right? https://bitcointalk.org/index.php?topic=1072474.msg11468891#msg11468891.

Update rik?

Did he show?

Zero good. All bad.

You are paid to believe.

Where is your invoice?

Post it. Till then you are just another noob who showed up from nowhere to champion this dog / scam company.

Let me fix that for you.

You bought an imaginary miner. That has no fixed delivery date and no chip.

I think there should be a mod rating system based on feedback from the community. Have to agree the anonymity is less than desirable but so is not being able to get any traction on system changes in these forums that could help improve moderation. Complaints like yours Biomech are often ignored or shouted down without listening to reason you are making the complaint. Inconsistency or worse bias.

5 to 6 weeks. Bullshit.

They have no chip.

It would be 3 to 4 month minimum if they even had the chips.

Vaporware.


Time to call The Estonian Consumer Protection Board I guess. http://www.tarbijakaitseamet.ee/en


COMPLAINT INFO CLICK HERE



If you are a real customer you should start the complaints now to avoid the rush.

Ya Mains power and kids go POOF.

$300 dollar smartphones? Won't a knock off work?

Trust should be measured by those affected directly by others.

Direct democracy requires that those who hold a stake in what is being decided should have vote. It would have to affect them directly or infringe on their ability to transact business.

Unfortunately a DEFAULT is not democratic. Nor is 1 vote for each alt account. What is worse are default's that are alts and 'hand picked' by the powers that be, which is what we have now.

Definitely and this is more than a default trust issue. Now it is a spam issue. I get posting information for the community to be more aware but when you are unwilling and unable to determine scams / extortion from honest people trying to do honest business you become a nuisance to the community. Strange nothing is done about this particular anonymous individual with only a year on the forum gets so much 'support'. I wonder who he really is, typically most people that act in this manner are usually called out and or reprimanded by the forum mods. Why doesn't his shit stink like Techshare's or Mine or others... funny.

Already done that weeks ago and I keep adding his agents/shills/alts as I go. XinXin seems like another ignored. Another one that can't think for himself or read the threads to a depth or read a false negs. I have held 80K for people and not one penny went missing. You want to address TRUST then know my record vs. his puffery over the last year. He hasn't ever done more than a few hundred bucks as an escrow. Can't trust him as far as you can throw em. Anonymous people should NEVER be trusted.

Problem becomes he has a myriad of alt accounts and is probably built relationships with other accounts here to maintain an image all behind a pseudonym propping up a small group of people to push trust ratings that are mostly fabricated or built on circular anonymous accounts that have never really transferred bitcoins to any real people. Why would he have so many issues with scammers? I have been here since 2013 and I have never run into scammers on his scale when doing business here. It is like he is honey trapping or ENTRAPPING people and that is a big reason for him not to be trusted in ANYTHING he says or does. He is not part of a LEO so he should be forthright about his identity and since he is not he should be given a wide berth.

Does anyone really know who this person is? Could be a Moderator or an Admin, could be a long time scammer for anyone knows given he has 'been' this an account for 1 year max. Please why do people even bother trusting this moron who can't tell the difference between extortion and a laundry list of proof of VAT and Mail fraud of someone like Dogie? If anything he is the one extorting people and misusing his unearned reputation libeling people left right and center. The amount of spam generated as a result of his false claims this past week would fill most forums and yet no bans? Why? You would think that a warning at least would be sent out that would reprimand him for FALSE accusations? That is the real problem I see is mods turning a blind eye to that form of spam. At what point does he have to go before he gets punished for lies and false accusations?

Problem is people lie.

Quickseller is a liar and that is the main issue here.

When he is wrong he won't admit his error and keeps attacking (lying) to maintain the image he is somehow above being wrong.

I get called an extortionist and that is pure bullshit. I have a better escrow record than he does. I have never extorted anything from anyone and people think that an anonymous agent in these forums like he is should be trusted?

Come on now when is it really ever okay to hide your identity and try to bust scams in public forums? He isn't some undercover FBI agent he is just someone hiding behind an alt account of known person in these forums most likely.  Never trust people hiding their identities. Never for escrow. Never for account selling. Never for anything. Who the fook knows who he really is right?

I'd prefer if the Mods do their job notice there is only 1 person causing issues? Yet again and again and again there is a pattern. I do wonder what sort of connection Dogie might have to these criminals given how close he was to Marto74 and Loshia spamming my own Hardware Rating thread last year in an effort to help deflect away from the clear evidence of FRAUD from Technobit.eu. Which is also tied closely to Black Arrow / Minersource and AMT all linked in.

DZ was part and parcel of the same people who are part of Oregon Mines. The link is Matthew Carson to all these different scams. Have a long look at Gleb's / Phinneas's threads on Matthew Carson. Very eye opening if you get pasted all the over the top stuff. My own dealings with Matthew and Terrence really beg the question is what sort of long term scamming in other businesses have these guys been pulling for years? Oregon Mines is just the latest in peak in that mountain chain.

DZ
Minersource
Oregon Mines

And the list of people mentioned here are really responsible for all the stolen bitcoin/cash so far. There are a few people tracking Matthew Carson carefully and I do not doubt he will be snared by local law enforcement at some point.