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Showing 3 of 3 results by LawyerMD
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Board Hardware
Re: 750 GH/s - 3TH/s Miners from $3565 - www.bitcoinultra.co.uk
by
LawyerMD
on 05/03/2014, 16:11:14 UTC
Sorry for the delay with any updates we are currently working flat out:

Our VAT number is 181109625

Regarding our production etc.. we are waiting for a delivery of components to our electronics manufacturer. Once we have these components in stock we have everything ready to mass produce.

When we do start accepting orders, for the first week we will only be accepting orders for the enigma 1. This is to ensure that we don't get too swamped and can meet our dispatch deadlines, the following week we will be opening up to the rest of our range.

We are also in the process of setting up a small datacenter to offer a hosting solution for your miners which includes 24/7 monitoring and a backup UPS, this will be online an running by the end of march.


I want to apologize in advance if my assumptions are wrong or accusatory in nature, but having ordered from just about every mining company to come to existence, including some fake ones, I was wondering if you are able to answer the following:

1) You're chips/components are supplied by Bitmine. How are they able to supply you while having a massive backlog of orders from individuals?
https://bitcointalk.org/index.php?topic=486808.0
https://bitcointalk.org/index.php?topic=291141.0

2) Your domain name was registered on Feb 10th 2014. How are you already up and running less then 30 days later?
http://who.is/whois/www.bitcoinultra.co.uk

2.1) How have you been able to secure your supply chain in less then 30days of coming into existence?

3) Jenra Limited was used to register your domain. Why is the company status "dissolved"?
http://companycheck.co.uk/company/06051481


As some individuals have come to realise, most mining companies have been using our "pre-order" $ to establish a mining operation, increasing the Network Hashrate by multiple petahash/month and will only ship when they've accumulated a wealthy amount of coins. By the time the machines are ready to ship, the break even point is long and the ROI is much lower then calculated based on initial "delivery dates".



Post
Topic
Board Hardware
Re: 750 GH/s - 3TH/s Miners from $3565 - www.bitcoinultra.co.uk
by
LawyerMD
on 05/03/2014, 15:52:46 UTC
Bitcoin Ultra is using Bitmine chips and as some of you know Bitmine is behind in production and shipping.

I can't help but have some negative assumptions regarding this venture. If Bitmine can't/haven't fulfilled orders from Sept 2013 yet, how are they able to supply Bitcoin Ultra?

Forum Feed regarding Bitmine:
https://bitcointalk.org/index.php?topic=486808.0

Smells fishy to me!


Also check out what I found out on Whois and UK Company Check:

Whois:
http://who.is/whois/www.bitcoinultra.co.uk

Company Check: (Notice the Company Status)
http://companycheck.co.uk/company/06051481
Post
Topic
Board Hardware
Re: Bitmine list of orders - Februar 2014 delivery (batch #2)
by
LawyerMD
on 04/03/2014, 17:36:12 UTC
Here are my details:

Queue Position:  260
Order number:  426x
Date of payment:  12/12/2013
Method of Payment:  Bank Transfer
Product:  4x Rigs
Hashing Power:  2TH
Destination:  Canada
Batch:  February Week 4




I just spoke with Bitmine regarding my order and here is what I was told:

If all goes well, production for the rigs should start in 15 days (March 19th) . With my queue #, they estimate having my rigs ready to ship about 10 days after production go-live (March 29th).

We briefly discussed the CPP and if those estimate hold, I am looking at a 20% increase according to them.