46k on bitcoin mining hardware. Which companies came good on their promises? Terraminer bitcoin calculator Can I Buy Bitcoin? How Does Bitcoin Mining Work?

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How Do Smart Contracts Work? In the two previous articles of this series, Dario Di Pardo listed the highs and lows of having spent many thousands of dollars on pre-ordered bitcoin mining hardware and then having to endure delays, poor communication and broken promises, as some of the companies failed to provide the promised equipment in time. No more pre-ordering for this guy. As somewhat anticipated, Black Arrow missed their revised shipment date of 8th May.

According to the company, they have been experiencing issues concerning the miner’s backplane, which are causing almost two months of additional delay. Black Arrow recently announced the issues to be resolved and that both X-1 and X-3 miner orders would be dispatched by the end of July. Together with the company’s latest news update, the option to convert pre-ordered miners into bare ASIC chips was provided, implying that each X-3 order could be exchanged for 100 ASIC chips, whereas you would get six chips for an X-1 order. I decided to go for the chips. Obviously, one cannot mine with chips alone.

Because Minersource, a mining gear and co-location company as well as Black Arrow’s US-based reseller, organized a group buy for all customers who converted their order into chips, the board assembly at Technobit can now be purchased at a discount. Even more, they managed to provide us a deal where each board assembly can be alternatively paid for with four additional chips. Technobit is currently in the process of assembling all miners for the group buy, which will take about two weeks to complete. Although none of the X-3 orders have been currently shipped, some X-1 customers are now reporting receiving their hardware.