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Newbie Offline
Activity: 3
Love the video, shows 3 shares accepted, all with difficulty of 0/0, and no work units. Kinda what you get when mining with the WRONG Kernel.
Newbie Offline
Activity: 6
Did you folks read the chip whitepaper and ALL the product info for the one I’m assuming we are discussing, FOXMINERS F48? I’m assuming that from the tech benchmarks in the OP. The website states it does has 48 dual ASIC’s and has some verbiage that indicates in a general way how they achieved that benchmark result with their software and hardware design.
If it isn’t a scam or open sourced, you want them to release their full proprietary design and tank immediately instead of waiting a few years for reverse engineering and then tank? I’m not going to list all the indicators I see that indicate it might not be a scam. I’ve spent enough time on this for now, other things to do. Read the whitepaper. A spot of grammar oops here and there but it isn’t chinglish to me, nor is their site.
Making a profit isn’t evil or wrong. No crowdfunding that I saw. It’s a common marketing practice to have a fake introductory discount price but it isn’t really illegal. Don’t believe me? Coke or Pepsi is ALWAYS on sale.
This article is somewhat illuminating.
I’m not trying to pump this unit, I have no connection to them other than it came up in my Google alert and I read quite a bit of it. I think they’ve released a LOT of info on a new chip and it will take a very good EEchip designercoder to vet it all for possibility. Or someone trustworthy enough to get ahold of one and validate with real world results and publish.
I’m not a big player in the cryptocurrency world but I worked for a considerable time in IT security and handling marketing PID, using cryptography, hashing, salts, and a few other goodies I can’t remember the names of currently. I’m primarily a trader but I keep up with cryptocurrency a good bit, just not reading every thread in this gazillion post DB.
I never do presales, not even for a hundred bucks. I don’t fall for scams, cryptocurrency or otherwise. I won’t buy a unit but I may contact the company and see if I can get one in a low risk fashion or talk to someone else who might.
Crapping on new cryptocurrency advances is very popular. The zillion new ‘journalists need something to do.
I keep a fairly low profile on the web on purpose until lately, when I changed my strategy some. Like many cryptocurrency enthusiasts I value my privacy so I’m not a big forum poster.
3 unicorns for anyone that can assist me in getting a real world test going.
Legendary Offline
Activity: 1708
I charge NOTHING for current signature.
If they are legit they can pm me and send me a miner Just like panda miner sent to me .. up front I tested it I reviewed it. I then paid them.
So Here I am send me one.
The difference here is they claim to have a god like /a genie/ a true wonder of a miner.
75th at 1500 watts vs 13th at 1500 watts.
No one would sell it they would mine and get rich.
but they can pm me and I will test drive it for them.
Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr I mine alt coins with I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Newbie Offline
Activity: 6
3- newbie. Let me know what I can do to satisfy you that I’m not a shill or work for the company. It’s hard to prove a negative but you can try to think of something and I’ll comply if possible. I run a forum myself. Post count on forums is for retarts that live in their parents basements.
I’ve been learning and experimenting with bitcoin and altcoins since 2012. I have a friend that was in 2 years earlier that helped me come up to speed on the technology, and I’m getting much more involved lately in learning about all the coins, algorithms, ‘reward methods’, transaction fees, exchange trading, ICO’s, contracts, hardware, etc.
I don’t register for forums unless I’m going to spend significant time and really wish to post, or they obscure a lot of subforums from google. I prefer google and a couple other engines for searching threads here. Better filter options overall.
Don’t wanna talk hard core electronic tech with details that I could verify, or converse productively, then I think y’all aren’t qualified either, and I’ll bow out of this thread. Mine are just some mildly educated suppositions in a quest for opportunities. I’m not saying anyone here is wrong at their guess about it being a scam. I would just like to know why, beyond google maps and the supposed larger transistor size of the chip or whatever. You know, exact stated facts and why they are wrong. Y’all are essentially profiling this product due to the large scam prevalence in cryptocurrency dealings.
ETA: Thanks for posting philipma1957. That’s the kind of test I could accept. Close to scientific method as possible from a person with much documented experience building and running the numbers.
Hey guys, we just got a C&D letter from their supposed lawfirm. The only issue is I am seeing some discrepancies in the C&D information. They gave us 2 days to remove our scam warning which is quite convenient given the fact that the attorney they said drafted the letter from won’t be in the office until Monday, so I can’t verify that until then. Other discrepancies is the phone number he used is foxminers’ support phone number not the lawyers phone number. Here is the copy pasted C&D letter:
Dear TheMerkle,
This law firm represents [FoxMiners LLC.]. If you are represented by legal counsel, please direct this letter to your attorney immediately and have your attorney notify us of such representation.
You are hereby directed to
CEASE AND DESIST ALL DEFAMATION OF [FoxMiners LLC.]’S COMPANY REPUTATION.
Under United States law, it is unlawful to engage in defamation of another’s company reputation. Defamation consists of
(1) a statement that tends to injure reputation; (2) communicated to another; and (3) that the speaker knew or should have known was false.
Your defamatory statements involved .
Accordingly, we demand that you (A) immediately cease and desist your unlawful defamation of [FoxMiners LLC.] and (B) provide us with prompt written assurance within two (2) days that you will cease and desist from further defamation of [FoxMiners LLC.]’s Company reputation.
If you do not comply with this cease and desist demand within this time period, [FoxMiners LLC.] is entitled to seek monetary damages and equitable relief for your defamation. In the event you fail to meet this demand, please be advised that [FoxMiners LLC] has communicate to you that we will pursue all available legal remedies, including seeking monetary damages, injunctive relief, and an order that you pay court costs and attorney’s fees. Your liability and exposure under such legal action could be considerable.
Before taking these steps, however, we wished to give you one opportunity to discontinue your illegal conduct by complying with this demand within two (2) days. I recommend that you consult with an attorney regarding this matter. If you or your attorney have any questions, please contact me directly.
Sincerely,
Sack Rosendin, LLP +1 408-877-8345
Newbie Offline
Activity: 11
Hey guys, we just got a C&D letter from their supposed lawfirm. The only issue is I am seeing some discrepancies in the C&D information. They gave us 2 days to remove our scam warning which is quite convenient given the fact that the attorney they said drafted the letter from won’t be in the office until Monday, so I can’t verify that until then. Other discrepancies is the phone number he used is foxminers’ support phone number not the lawyers phone number. Here is the copy pasted C&D letter:
Dear TheMerkle,
This law firm represents [FoxMiners LLC.]. If you are represented by legal counsel, please direct this letter to your attorney immediately and have your attorney notify us of such representation.
You are hereby directed to
CEASE AND DESIST ALL DEFAMATION OF [FoxMiners LLC.]’S COMPANY REPUTATION.
Under United States law, it is unlawful to engage in defamation of another’s company reputation. Defamation consists of
(1) a statement that tends to injure reputation; (2) communicated to another; and (3) that the speaker knew or should have known was false.
Your defamatory statements involved .
Accordingly, we demand that you (A) immediately cease and desist your unlawful defamation of [FoxMiners LLC.] and (B) provide us with prompt written assurance within two (2) days that you will cease and desist from further defamation of [FoxMiners LLC.]’s Company reputation.
If you do not comply with this cease and desist demand within this time period, [FoxMiners LLC.] is entitled to seek monetary damages and equitable relief for your defamation. In the event you fail to meet this demand, please be advised that [FoxMiners LLC] has communicate to you that we will pursue all available legal remedies, including seeking monetary damages, injunctive relief, and an order that you pay court costs and attorney’s fees. Your liability and exposure under such legal action could be considerable.
Before taking these steps, however, we wished to give you one opportunity to discontinue your illegal conduct by complying with this demand within two (2) days. I recommend that you consult with an attorney regarding this matter. If you or your attorney have any questions, please contact me directly.
Sincerely,
Sack Rosendin, LLP +1 408-877-8345
I’d send them this:
Ylvis – The Fox (What Does the Fox Say?)
In other news, introducing the UnicornMiner, the world’s first ASIC triple miner for Ethash, CryptoNight, and Equihash! Amazing performance and efficiency at 100PH/s for each algorithm at only 1kW! Side effects may include hallucination, delirium, and permanent head damage (PhD). Lobotomies not included.
Legendary Online
Activity: 2072
Hey guys, we just got a C&D letter from their supposed lawfirm. The only issue is I am seeing some discrepancies in the C&D information. They gave us 2 days to remove our scam warning which is quite convenient given the fact that the attorney they said drafted the letter from won’t be in the office until Monday, so I can’t verify that until then. Other discrepancies is the phone number he used is foxminers’ support phone number not the lawyers phone number. Here is the copy pasted C&D letter:
Dear TheMerkle,
This law firm represents [FoxMiners LLC.]. If you are represented by legal counsel, please direct this letter to your attorney immediately and have your attorney notify us of such representation.
You are hereby directed to
CEASE AND DESIST ALL DEFAMATION OF [FoxMiners LLC.]’S COMPANY REPUTATION.
Under United States law, it is unlawful to engage in defamation of another’s company reputation. Defamation consists of
(1) a statement that tends to injure reputation; (2) communicated to another; and (3) that the speaker knew or should have known was false.
Your defamatory statements involved .
Accordingly, we demand that you (A) immediately cease and desist your unlawful defamation of [FoxMiners LLC.] and (B) provide us with prompt written assurance within two (2) days that you will cease and desist from further defamation of [FoxMiners LLC.]’s Company reputation.
If you do not comply with this cease and desist demand within this time period, [FoxMiners LLC.] is entitled to seek monetary damages and equitable relief for your defamation. In the event you fail to meet this demand, please be advised that [FoxMiners LLC] has communicate to you that we will pursue all available legal remedies, including seeking monetary damages, injunctive relief, and an order that you pay court costs and attorney’s fees. Your liability and exposure under such legal action could be considerable.
Before taking these steps, however, we wished to give you one opportunity to discontinue your illegal conduct by complying with this demand within two (2) days. I recommend that you consult with an attorney regarding this matter. If you or your attorney have any questions, please contact me directly.
Sincerely,
Sack Rosendin, LLP +1 408-877-8345
Well,they are located in California…15495 Los Gatos Boulevard,Los Gatos, CA 95032
Get someone to drop by & have them PROVE their miners are real!!!!
If they refuse,then it’s an admission of guilt
They HAVE to have a prototype BEFORE they mass produce soooooo………..
“If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole.” -Raylan Givens Got GOXXED ?? “An ASIC being late is perfectly normal, predictable, and legal…”Hashfast & BFL slogan
Published at Sun, 23 Apr 2017 07:06:38 +0000
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