Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 144. (Read 529056 times)

Greetings Miners!

We are less than a day away from closing our pre order books, everything has been going smoothly and our engineering teams have already started to ramp up development! In Bangalore we initially had one team devoted to this project, we now have over 4 experienced teams working on various aspects of this project including ASIC design, Host Mining software porting on ARM controller, Mechanical design , certification aspects (CE/FCC) and WebGui in parallel, so we can fulfill our timeline and product promises. As of now we are targeting end of Q2 as our delivery date. A detailed plan will be published in due course.

Note. Pending payments will be allowed 7 working days after closing time to complete any pending order payments.

The innovative team in Manchester is devoted to guiding the engineering efforts in India, updating the community with our progresses, and all customer support. Our team is actively growing rapidly to deal with our loyal community and to show a great deal of transparency into this project. Our updates will be very regular, at the least weekly and we will show customers every aspect of design and production that is happening.

We have also updated our management team profile on our website to let you know of the people behind this initiative and thus bringing more transparency.

You may check the below link on our management team, along with responsibilities and position of each member:

https://alpha-t.net/about-us/team-2/

Stay tuned for more updates.

From the FAQ Page of the Website...

"Hey guys, sorry for the silence, it is quite a critical time where we want to be confident in anything we announce so as to avoid certain expectations as we have made mistakes in this in the past. I can tell you we should be releasing an update on shipping tomorrow."

Quote from: Fiaz Malik on July 23, 2014, 06:41:00 PM
Hey guys, sorry for the silence, it is quite a critical time where we want to be confident in anything we announce so as to avoid certain expectations as we have made mistakes in this in the past. I can tell you we should be releasing an update on shipping tomorrow.

Heh, Sarcasm is easily lost when there are so many shills.

Sorry for to abstract level of irony.

Nonsense, you can and SHOULD blame anyone who's an agent of the company...  Fiaz speaks on behalf of Alpha-T, so he's fully culpable for their actions as far as I'm concerned.

Sorry, but you can't blame Fiaz. He was hired as a customer support manager and ended with a copywriter job.  

Don't write Fiaz off just yet. He has a habit of posting updates at 11pm + UK time as Alpha are such a professional, organised and well oiled machine

Don't write Fiaz off just yet. He has a habit of posting updates at 11pm + UK time as Alpha are such a professional, organised and well oiled machine

It's past the end of business day in the UK, and no update from Fiaz...

No surprise there.

I found this about 2checkout


If this is the case you will not be covered under section 75 as the transaction is being processed by a third party. Section 75 only applies if you take payments via a merchant account directly through an acquirer bank. This means the bank and CC company are liable for the settlement of any disputes, not the third party processor:


Section 75 of the Consumer Credit Act only applies in the UK and is a very specific and powerful form of CC protection. Unlike charge back which is a voluntary scheme, section 75 is part of UK law. Unfortunately any form of third party processing renders it void, some card issuers are more lenient than others so check with your provider if you want to go down this route. Although if your bill says "2checkout" and not "Alpha Technologies" its a safe bet to assume you will not be covered under section 75

No... everyone uses a payment processor. Paypal is totally different then a merchant maker like 2co. You're fully covered under a processor like 2co, because thr money IS a payment to alpha.  With paypal, you are paying paypal and paypal pays the recipient in paypal dollars.

But it is true that if Alpha disagrees with the chargeback, you will have a fight - but, it's hard to lose with a credit card chargeback if you have half a brain.

"2Checkout (2CO) is an international third-party payment processor that, at its most basic level, allows money to be transferred from a buyer to you after a purchase is completed. Like its main competitor PayPal, 2CO is the name buyers will see if they check transactions on their credit card bill. The PCI-compliant company offers several features, including recurring billing and custom checkout.

If you’re a business that brings in a few thousand dollars per month or less, you’ll probably earn a higher discount rate from 2CO than what’s offered by standard merchant accounts. Another perk of using a third-party processor like 2CO is that you’re not held responsible for fraudulent or disputed charges, although you will have to pay a fee to 2CO for transaction disputes"

no 2015 would not be fine, a delay within a reasonable timeframe is acceptable, and with a proper explenation with the reason

Question: what is speaking against paying by credit card and relying on Section 75 for protection?

1) They don't deliver in a reasonable timeframe (>2-3 months?). I could ask the CC company to refund me.
2) They go bust. Same as 1).
3) They deliver.
3a) I'm happy with the miner and keep it.
3b) Based on DSR I send the miner back within 7 days and ask for a refund. The CC company should be liable if the refund does not happen.

What am I missing?

So if Fiaz announce they are delaying shipping until end of Q4 beginning of Q1 2015 and then in December announce they are delaying until end of Q1 you are fine with it?