The Bitmine 1 th/s Bitcoin Miner From BitTech - Review

Swiss ASIC miner developer Bitmine AG was officially declared bankrupt by the local court of Bellinzona, Switzerland, in May 2015. All accounts, assets and company documents have been handed over to the Swiss justice ministry and are under investigation. In an open letter released on the official website of Bitmine AG, the company's management claimed that Bitmine AG had tried to restructure its products and services by seeking new investments. It failed, however, to raise enough funding to continue its production of ASIC miners which led to the company's bankruptcy. Bitmine AG initially....

Bitmine AG Owner Giorgio Massarotto (right). Over a year ago, CCN writer Rick Mac Gillis interviewed Kerim Chikhi, a representative of Bitmine AG, the Swiss ASIC miner manufacturing company. Even then, customers had been waiting months for refunds since their orders were never fulfilled. Background. At the time, Chikhi confirmed the claims of many customers that they had been waiting "1-2 months" for refunds. When asked if his company had ever shipped a single mining rig, Chikhi said: I won't point out a specific post, but on our official forum, you will find, among many negative comments,....

Bitmine AG, the Swiss Bitcoin mining hardware producer which CCN recently reported was facing multiple lawsuits in regards to undelivered hardware and broken promises, has declared bankruptcy in the Swiss city of Bellinzona. In a lengthy note posted to their website, Bitmine explained their insolvency, complete with a breakdown of costs versus income. Cold comfort for the customers who never received their hardware at all, of course, and in most countries, bankruptcy means that all creditors are basically out of luck. In the case of a company taking pre-orders, it seems that's really what....

Customers of Bitmine AG have been requesting a considerable number of refunds from them, and claim that it's taking too long to receive their money back. How long is too long to wait for a refund when a company is overloaded with requests? Third-party websites like BitmineRefund.com claim to list late customer refund requests, but looks may be deceiving! Not all customers who receive their refund are jumping to let the site know that they have received it. Bitmine AG Exclusive Interview. I conducted an interview with Kerim Chikhi, who is a representative of Bitmine AG. What are the delays....

Review: The Blizzard 1.3+ mh/s Scrypt Miner by ZeusMiner. ZeusMiner is the company that makes the Scrypt ASIC miner chips for many companies other than itself. It has positioned itself as not only a manufacturer but also as an OEM and re-seller of ASIC Scrypt Miners. Having to manage all three is a new and unique challenge as many companies are only one or two channels in the chain. So far, despite some bumps in the road, like massive demand at rollout, ZeusMiner has done very well. I recently reviewed the GAWMiners Falcon, which is made by ZeusMiner. It is an excellent miner that is well....