6% markup for paypal though. Thats a lot more. Weird thing the site seems to have started 2018 but there is no review anywhere. The address goes to some office building in Hong Kong which I don’t think is the mall in the video. The ower I believe is a french person. The phone number on the website is a french number. There is 2 or 3 video on youtube. 2 shows the store which I don’t think is the correct address, maybe is closed. 1 video shows, I think the ower which I have no idea what he is saying. I think he is speaking french. Some things don’t add up but they do respond on the chat. And they are a varify seller from asicminervalue. My guess is the owner lives in france and he is running the business remotely from hk. Or he is just drop shipping from his supplier. Or this is a scam.
KD5 is $52,999 each on the store. Who pays that kind of money to find out of it is a scam?
Not sure. Anyone experienced with the store can give us a feedback would be great.
with Credit card. You buy with your credit. I don’t have to pay a cent until I get the statement which could be 30+ days. So I am mining and making money before I paid anything. Paying with crypto, you basically pay cash. Your money is gone and you have to wait more than a week before you can make any miner with the new asic.
I came to this page, looking for answers to the same questions we all seem to have … “Is this seller a scammer or is he real” … “Does anyone have experience with this website?” …
I am distrustful by nature, and I question the veracity of everything that is presented to me, and this is no exception.
I have been looking for a real supplier for weeks to buy my first ASIC machine, and it has been a very complex task.
The number of scammers looking to get your money easily is really impressive, many seem completely genuine, however, it is enough to do a detailed search to find the answer … 99% ARE scammers.
In this particular case, 511.store, from its name to its CEO seem fake.
for instance:
1st If I want to pay with VISA, it says “(Disable for some days)” which does not make any sense for a “legal” one.
2 ° If I want to pay via transfer, it is indicated that it should be done to “HIGH TECH E SHOP LTD”, and if we investigate a little about this company, we find that its CEO is: Dimitri PETER
Director at High Tech E Shop LTD.
You can look it up on Linkedin, where you will see that it claims to be in Shenzhen, Canton, China, but “Dimitri” is Caucasian … weird isn’t it?
Then he says “Working and Living in China for more than 10 years”, but he doesn’t seem to be more than 25 years old … weirder still, look at the picture of him.
Finally, in all the searches I have done, I have not been able to find any real data of successful sales, or satisfied customers.
My recommendation is to be very careful if you want to buy there.
Well, this is my first post here and I hope to continue participating and letting you know if I finally manage to buy my first ASIC.
Thank you everyone for your replies concerning Mining store 5111, I think like everyone else that has posted, I am also concerned about purchasing from mining store 5111, I have not read anything about anyone who has actually purchased from them. If anyone has purchased anything from them please post if you received the product.
Thanks for reading and hope everyone has great success!
While I have never bought from Mining Store 5111, I spoke with someone on another forum who seemed legit, and he said he ordered from them. Said it shipped in about 11 days, but arrived earlier than the shipping estimate. Said though he was told he was getting a used item, it was “more banged up” than he expected. But that it worked.
My experience with these stores is if they only accept crypto, and are selling for 40-50% less than other stores who take credit cards (or equivalent), who have bona fides and reviews and history and so on, avoid them. But I’ve bought many machines from all over the world and can say that a wire transfer that goes unanswered from a somewhat reputable country usually results in arrests or worse. They aren’t going to risk the government making an example out of them (unless it’s crypto, which is almost untraceable). So, the risk isn’t so much in being scammed as it is in the store getting shut down because of China policy, or something else like that that happens in the interim between your sending your funds and their shipping the item.
Anyway, this is my first post here as I was checking them out myself. Not sure if I’ll place my order as I’ve since found a private owner that wants to sell his KD5’s to me… But I will keep 5111 in mind because, as has been pointed out in this thread, their prices do seem to be good.
Salut vreau si eu linkul, eu stiam ca trebuie sa platesti inainte si dupa primeai coletul. Eu sunt in cautare de kd box si imi este frica sa dau 10000 si sa astept cu o mica speranta ca poate vine. Si cum ocolesti tva-ul catre statul roman.?
Hi, I’ve pre-ordered a KD6 from them few days ago, I hope it’s not another scam.
I found their director’s Facebook, it seems that he is really selling mining machines.
I will try to contact to him by using Wechat app, here is his info:
You can dial his China cellphone: (+86)18665805351