Difference between revisions of "BitHashMiner"

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}}'''BitHashMiner''' was a vaporware scam notorious for being very poorly executed, and persisting carelessly. They offered a single product, also called a '''BitHashMiner''', which was a preorder [[ASIC|mining rig]] with supernatural specs at an unrealistically low price. The scam has been labelled by onlookers as "thread gold",<ref name="noddy">{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10432636}}</ref> "hysterical",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10422048}}</ref> "the most blatant scam attempt",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10358912}}</ref> "the yoda sales force",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10371637}}</ref> "obvious scam",<ref>{{cite reddit|r=Bitcoin|title=BitHashMiner 10TH/s Bitcoin Miner|id=2umgwg|date=3 February 2015|post=https://www.reddit.com/r/Bitcoin/comments/2umgwg/bithashminer_10ths_bitcoin_miner/co9prao}}</ref> "mind blowing",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10386707}}</ref> and "half ass attempt to scam people".<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10392058}}</ref> It is remembered as the most futile scam attempt in Bitcoin history and is used as a textbook example of vaporware, helping people identify scams on their own.{{citation needed}}
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}}'''BitHashMiner''' was a vaporware scam notorious for being very poorly executed, and persisting carelessly. A single product was offered, also called a '''BitHashMiner''', which was a preorder [[ASIC|mining rig]] with supernatural specs at an unrealistically low price. The scam has been labelled by onlookers as "thread gold",<ref name="noddy">{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10432636}}</ref> "hysterical",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10422048}}</ref> "the most blatant scam attempt",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10358912}}</ref> "the yoda sales force",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10371637}}</ref> "obvious scam",<ref>{{cite reddit|r=Bitcoin|title=BitHashMiner 10TH/s Bitcoin Miner|id=2umgwg|date=3 February 2015|post=https://www.reddit.com/r/Bitcoin/comments/2umgwg/bithashminer_10ths_bitcoin_miner/co9prao}}</ref> "mind blowing",<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10386707}}</ref> and "half ass attempt to scam people".<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10392058}}</ref> It is remembered as the most futile scam attempt in Bitcoin history and is used as a textbook example of vaporware, helping people identify scams on their own.{{citation needed}}
 
==Hardware==
 
==Hardware==
 
[[File:BitHashMiner.jpg|thumb|The hardware render used on [[BitcoinTalk]]]]
 
[[File:BitHashMiner.jpg|thumb|The hardware render used on [[BitcoinTalk]]]]
The 9 lb. rig itself featured 10 T[[hash/s]] for $1000, with 25 20nm 400 Ghash/s [[ASIC]] chips.<ref name="op">{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015}}</ref> There is a screen on the miner depicting a [[CGMiner]] instance with two graphics cards [[Scrypt]] mining.<ref name="op"/><ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10340530}}</ref> There are also two 750W power supplies,<ref name="op"/> which weigh about 5 lbs. each,<ref>[http://www.amazon.com/Intel-ASR2500PS-Supply-Redundant-SR2500NA/dp/B000FSAA8O 750W power supply product listing on Amazon]</ref> meaning that the casing, fans, and chips must have negative weight, and would float away without the power supplies weighing them down.<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10372287}}</ref>
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The 9 lb. rig itself featured 10 T[[hash/s]] for $1000, with 25 20nm 400 Ghash/s [[ASIC]] chips.<ref name="op">{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015}}</ref> There is a screen on the miner depicting a [[CGMiner]] instance with two graphics cards [[Scrypt]] mining.<ref name="op"/><ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10340530}}</ref> There are also two 750W power supplies,<ref name="op"/> which weigh about 5 lbs. each,<ref>[http://www.amazon.com/Intel-ASR2500PS-Supply-Redundant-SR2500NA/dp/B000FSAA8O 750W power supply product listing on Amazon]</ref> meaning that the casing, fans, and chips must have negative weight, and could float away without the power supplies weighing them down.<ref>{{cite btct|id=944406|title=BitHashMiner 10TH/s Bitcoin Miner|date=2 February 2015|post=10372287}}</ref>
  
 
The rigs were offered with free shipping and a five year warranty, and were expected to ship in April.<ref name="op"/><ref>http://bithashminer.kinja.com/bithashminer-10th-s-bitcoin-miner-1684345699</ref> By February 12, the [[BitcoinTalk]] account of BitHashMiner was inactive and the website was down; no units ever shipped.<ref name="noddy"/>
 
The rigs were offered with free shipping and a five year warranty, and were expected to ship in April.<ref name="op"/><ref>http://bithashminer.kinja.com/bithashminer-10th-s-bitcoin-miner-1684345699</ref> By February 12, the [[BitcoinTalk]] account of BitHashMiner was inactive and the website was down; no units ever shipped.<ref name="noddy"/>

Revision as of 01:48, 12 July 2015

BitHashMiner
Logo-bithashminer.png
IndustryASIC manufacturing
FoundedFebruary 2, 2015
DefunctFebruary 9, 2015
HeadquartersIndia
Employees1
 BitcoinTalk  Bitcoin Wiki 
BitHashMiner was a vaporware scam notorious for being very poorly executed, and persisting carelessly. A single product was offered, also called a BitHashMiner, which was a preorder mining rig with supernatural specs at an unrealistically low price. The scam has been labelled by onlookers as "thread gold",[1] "hysterical",[2] "the most blatant scam attempt",[3] "the yoda sales force",[4] "obvious scam",[5] "mind blowing",[6] and "half ass attempt to scam people".[7] It is remembered as the most futile scam attempt in Bitcoin history and is used as a textbook example of vaporware, helping people identify scams on their own.[citation needed]

Hardware

The hardware render used on BitcoinTalk

The 9 lb. rig itself featured 10 Thash/s for $1000, with 25 20nm 400 Ghash/s ASIC chips.[8] There is a screen on the miner depicting a CGMiner instance with two graphics cards Scrypt mining.[8][9] There are also two 750W power supplies,[8] which weigh about 5 lbs. each,[10] meaning that the casing, fans, and chips must have negative weight, and could float away without the power supplies weighing them down.[11]

The rigs were offered with free shipping and a five year warranty, and were expected to ship in April.[8][12] By February 12, the BitcoinTalk account of BitHashMiner was inactive and the website was down; no units ever shipped.[1]

References