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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 144. (Read 529096 times)

hero member
Activity: 714
Merit: 500
BLAST FROM THE PAST

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.
hero member
Activity: 714
Merit: 500
BLAST FROM THE PAST
Quote
Taking advantage of our partners workforce and facilities we expect to start shipping 4-5 months after pre-orders are taken.

From the FAQ Page of the Website...
legendary
Activity: 1316
Merit: 1014
ex uno plures
legendary
Activity: 1316
Merit: 1014
ex uno plures
Quote
"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."

Fiaz means avoiding "certain expectations" that they will deliver anytime soon ...
hero member
Activity: 714
Merit: 500
Another timely announcement by Fiaz.

Quote
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.

sr. member
Activity: 433
Merit: 250
I'm actually flabbergasted there has been no update, Fiaz must be some kind of masochist.
legendary
Activity: 1316
Merit: 1014
ex uno plures

"We should release an update on shipping tomorrow … (but we aren't going to)"

member
Activity: 84
Merit: 10
Heh, Sarcasm is easily lost when there are so many shills.

"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."

So Fiaz outmaneuvered us again, I guess. We should focus on should instead of other parts of his post. What a smart desert fox cub.  Grin
There is a chance of course, that we have guessed his line yesterday already and he has simply nothing more to add.  Roll Eyes
hero member
Activity: 700
Merit: 500
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 for to abstract level of irony.
Heh, Sarcasm is easily lost when there are so many shills.
member
Activity: 84
Merit: 10
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 for to abstract level of irony.
hero member
Activity: 700
Merit: 500
It's past the end of business day in the UK, and no update from Fiaz...

No surprise there.

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 Tongue

Sorry, but you can't blame Fiaz. He was hired as a customer support manager and ended with a copywriter job.  Grin
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.
member
Activity: 84
Merit: 10
It's past the end of business day in the UK, and no update from Fiaz...

No surprise there.

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 Tongue

Sorry, but you can't blame Fiaz. He was hired as a customer support manager and ended with a copywriter job.  Grin
hero member
Activity: 700
Merit: 500
It's past the end of business day in the UK, and no update from Fiaz...

No surprise there.

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 Tongue
Quoting for truth (albiet sarcastic truth), and comedy value. =p
sr. member
Activity: 433
Merit: 250
It's past the end of business day in the UK, and no update from Fiaz...

No surprise there.

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 Tongue
legendary
Activity: 1316
Merit: 1014
ex uno plures
hero member
Activity: 700
Merit: 500
I found this about 2checkout

Quote
"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"

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:

Quote
"If a cardholder pays for goods using a card and does not receive these goods, the card scheme will refund payment to the cardholder and reclaim this from the merchant (via the acquirer).  If the merchant cannot refund the payment, say it has become insolvent, it is the acquirer who is liable for the refund."

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
I stand corrected.



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

No surprise there.
sr. member
Activity: 433
Merit: 250
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.

I found this about 2checkout

Quote
"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"

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:

Quote
"If a cardholder pays for goods using a card and does not receive these goods, the card scheme will refund payment to the cardholder and reclaim this from the merchant (via the acquirer).  If the merchant cannot refund the payment, say it has become insolvent, it is the acquirer who is liable for the refund."

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
hero member
Activity: 616
Merit: 500
no 2015 would not be fine, a delay within a reasonable timeframe is acceptable, and with a proper explenation with the reason

You mean like what they've owed folks for months now, and refuse to provide? Going back to their promise  to not keep people in the dark for any reason, including delays, and to provide them with immediate answers which aren't vague.

Good luck with that.
sr. member
Activity: 433
Merit: 250
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?
Unfortunately Alpha were using a payment gateway (2checkout) which is a third party processor. Section 75 will only protect you if you pay DIRECTLY to Alpha:
Quote
"You must also be careful when third parties are involved as a credit card company will not be liable to pay in these circumstances. A common example would be purchasing something on your credit card through an internet payment facility such as PayPal. As there is no technical direct relationship in these circumstances between the credit card company and the supplier you will not be covered by section 75."

So I wouldn't recommend this as a strategy as you would have to rely on charge backs, CC companies are not jointly liable with charge backs, they have to request a refund from the vendor's bank. If the vendor, Alpha in this case, disputes the charge back you then have a fight on your hands.
hero member
Activity: 728
Merit: 501
shipping a bit later then expected is not called fraud, its called a delay

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?

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