stock picture chipRhinoceros Laboratories (that posted a Sponsored Story on CCN) has decided to capitalize on the Scrypt manufacturing market by selling fake Scrypt ASIC devices to unwary customers. Rhinoceros Laboratories has stated in an interview that stock pictures of motherboards and chips are of minor control boards in their device, but their sales page indicates that they are pictures of their custom ASIC chips. They’ve also stated in the included interview that the stock pictures on their “Inside Labs” page are of their laboratory.

Read also: LSM Labs: A Poorly Veiled Scam

Rhinoceros Laboratories Blows Their Cover

Kelly Ethan, the engineer in charge of RL-M5, Rhinoceros Laboratories’ supposed 5 GH/s Scrypt miner, has given this interview about their product.

So, you’ve launched what appears to be the world’s fastest Scrypt ASIC miner at 5 GH/s. That’s pretty impressive. The design of your ASIC unit looks quite intimidating as it’s the size of a rack mount server rack. Can you explain what each section of your device actually does?

Rick, let me explain one important point about world’s fastest device. We did nothing new in terms of price per [megahash] or power consumption per [megahash]. Our chip is made on 28nm process, so no revolution on that. We initially aimed our product for business customers, who [have] a big demand [for] hash power. Our solution is just a convenient way to store [a] high hash device in a compact way. It consumes 9Kw, and weights 300+ lbs. I mean if you take competitor’s devices, put them all together to achieve 5 Gh, you will get probably the same power consumption and weight. I hope [you’ve] got the idea here. [The] form factor of the device [was] chosen for primary use in data centers.

What do the displays show on the front of the case?

Displays on the front [show] current power consumption at any given moment, [chip] temperature, [and] accumulative hash power.

Do you have a manual that our readers may download to learn more about the maintenance on your RL-M5 ASIC?

We have manuals, but [we’re] disclosing those to the customers only. This rule [also] applies to our other products, not only to [the] RL-M5.

Rhinoceros Laboratories Custom Chip
Rhinoceros Laboratories’ custom-made chip is just a stock image.

You have a picture of your custom-made chip laid atop a red motherboard, but in the side images, the motherboard is green and looks much different. Do the motherboards come in different colors?

[That’s] not the [case]; we have both green and red boards. Red boards with chips are hidden inside. The board you see on [the] picture is actually a control board. [It] interacts with [the] chips and pool[s], control[s] HW errors and distributes tasks among[st] [the] chips. I don’t want to go deeper into the process; [let’s] stop right here.

Do you have any specific pictures of your plant that we can use in this article?

This question is not to me, better to ask [the] sales or marketing department. I’m sure you can get plenty of pictures on the site; those are posted already.

How were you able to manage manufacturing a 5 GH/s ASIC miner while your competition has only managed to manufacture ASIC devices in the MH range?

As explained above, we don’t see any breakthrough here. Just our implementation of 5.000 Mega hashes in a compact way with great care to heat management and attention to [the] manufacturing process.

Can customers use your miner to mine Bitcoin?

There was no such task at the beginning of the ASIC development. Bitcoin mining devices are very competitive and [an] established business. Our task was to develop [a] SCRYPT algo miner; there is no way to switch to SHA256, Scrypt-N or other algorithms with RL-M5.


There are so many red flags in their marketing that you can be sure that this is a ruse to get your money in their pockets while not providing you with any products at all. You can see that they use stock photos for their products and stock photos for pictures of their laboratory. The way they responded to certain interview questions, for example, the motherboard placement and manuals, seems like they’re taking the easy way out.

Rhinoceros Laboratories stated that the manual submitted for review in this article was not to be made publicly accessible, and Kelly stated he had removed the portions of the article on hardware specific details and troubleshooting. The reviewed portion of the manual sounds coherent in that nothing stands out as fake. The manual describes a 5GH/s and 10GH/s configuration that sounds a bit suspect, but it doesn’t sound impossible with the way they’re marketing their fake hardware.

What are your thoughts on Rhinoceros Laboratories? Leave a comment below and express your views.

Disclaimer: I’m not affiliated with Rhinoceros Laboratories in any way. Images from Rhinoceros Laboratories and Shutterstock.