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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 159. (Read 529096 times)

legendary
Activity: 1610
Merit: 1000
Well hello there!
Quote
" … we are finalizing our systems to accommodate the ASIC so as soon as the chips arrive the boards will be ready"

It sounds like they are assembling their own boards and will just 'solder in the ASICs' when they get here. Good luck with that if they are BGA or QFN packages … or maybe they have an Infra Red Vapor Phase Reflow Oven in a Clean Room in the garden shed behind their place at 66 Dickenson Road, Moss Side ?




lmfao...sure they do!  And I'm the King of Sudan or at least I play one on TV
full member
Activity: 210
Merit: 100
Does anyone have a copy of their ToS from the original order by any chance? There are 90+ pages in this thread and it'll take a good while to search for it, so just wondered if anyone had it on hand?
As for making a claim via your credit card company, how would that work if you used Paypal but used your card for the PP payment? Getting seriously peeved about this whole thing as I was expecting to see the miner in the next 2 weeks and now looks like we will be lucky to see it in the next 2 months , if ever !


Mike..
SNIP.....


Thanks bud, will get onto the CC company tomorrow and will fire off an e-mail to Paypal, as I am sure they charge my card, then send the money over to Alpha.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Best-case shipping date was July? Oh on the contrary, for day 1 people the best case was May/June, with a guaranteed-by of July.

My, how things shift. And I believe the others are correct, they'll likely be aiming for late August shipping. This goes back to what was discussed awhile back, they likely ran low on funds, and need the remaining funds to buy chips (either theirs from Drexel who claims they have no business with AT, or someone elses' chips) and then setup hardware to use the chips.

I would hope they already have all of the supporting equipment designed an in-house .... but why wouldn't they post about it if they did? Good luck to anyone stupid/brave enough to complete their orders, hopefully you get your gear.

And bumface, AT did this to themselves. Nobody could possibly harm them more than they did already. You can't possibly do more damage to a company who has shoved its crotch in the face of its customers and cursed them out, and then banned many of them (some who were just asking simple questions about how to complete payment) from the customer-service forum.

all im saying is, its too early to know for sure whats going on, and reporting them to agencys must be viewed as a last resort when we are 100% sure its a scam, that word is used way to loosely in this crypto scene. a delay is not a scam.a scam is a criminal endeavour where no product ever existed.i still give them the benefit of the doubt.and maybe i just refuse to loose the investment ^_^
Granted, still a bit early to call Alpha-t an outright scam...but certainly not too early to label this what it is:
An outright fail.

Given that they don't even have a functional prototype to show and chips haven't even tapped out yet, we will be lucky to see these units by the end of September at this point at which point they will literally be near-worthless.  I suspect most of us will be lucky to recoup 30-35% of our original investments into this hardware even if we manage to keep them running for 4-6 months (which is unlikely unless you have free electricity).
sr. member
Activity: 433
Merit: 250
Does anyone have a copy of their ToS from the original order by any chance? There are 90+ pages in this thread and it'll take a good while to search for it, so just wondered if anyone had it on hand?
As for making a claim via your credit card company, how would that work if you used Paypal but used your card for the PP payment? Getting seriously peeved about this whole thing as I was expecting to see the miner in the next 2 weeks and now looks like we will be lucky to see it in the next 2 months , if ever !


Mike..

I see they removed the whole announcement thread from their forum.

Anyway here is the earliest Terms of Order I have (from Feb 2014). It seems to be the original.

Quote

Pre-Order Terms and Process

Deposit

30% advance payment to be paid along with booking and registration. Balance payment of 70% shall be collected 8-10 weeks before shipment date. The exact shipment date shall be notified on our website.

Cancellation & Refund Policy

Within 0-1 month after receipt of payment: Full deposit will be refunded.

Within 1-3 months after receipt of payment: 75% of the deposit will be refunded.

Within 3-5 months after receipt of payment: 50% of the deposit will be refunded.

Please note a cancellation fee of £70 towards handling charges will be applicable along with any cancellation.

Shipping, Hashrate, Price Estimates & Announcements

Shipping  Booked shipments will be delivered within Q2/Q3 of Year 2014. Live updates shall be provided on exact shipping date. Shipping is worldwide.

Hashrate A minimum guarantee of 5 Mh/s and 25 Mh/s shall be given for respective products. There is a very high likelihood of hitting higher hash rates however it depends on what performance figures we reach at.

Pricing

Viper-5mh/s which can hash at 5 MH/s: £1350. Deposit- £405.

Viper-25mh/s which can hash rates at 25 MH/s: £5450. Deposit- £1635.

All prices are the same worldwide. And exclude shipping which will be added according to location on final payment.

Updates

As we go through the engineering process we will keep our customers regularly updated on our progress via Live Updates. We will try to disclose as much information as possible including the development updates with images/videos/statistics. It is advised that you subscribe to all the updates including twitter/web/newsletter etc which may contain information related to shipping date, hashing performance etc. We may also arrange for an open door invitation for our customers to witness the development and meet the team at a later point in time.

Dexcel Designs and Alpha Technology are innovators in Scrypt ASIC technology. Dexcel Designs are experts in design and production having rolled out several designs in various fields for various customers worldwide. We have all our target figures officially set, and may be using Global foundries 28nm/40nm process node. The team at Bangalore, India has been hard at work and now it is time for the community to get involved in this project, which should hopefully provide a good ROI to customers. Dexcel Designs having worked with several defense labs are highly experienced on designing high durable hardware. You can expect our products to be as fault free as possible.

Registration and Wishlist

We will open registration for customers before we open our pre-order books. Registration will open on 25/12/2013. During registration you can set up your shipping and billing address in preparation to launch.

You will be able to register here:  https://alpha-t.net/login-register/

We advise customers to add their desired item at the correct quantity.

Payment methods and Orders

Payment will be accepted in Paypal, Bank Transfer and Bitcoins. Please note order number generated is not representative of your place in the queue. Only until payment is made and your order status moves to ‘Processing’ state that is when you are placed in the queue for shipping.

Payments

You can view the status of your order anytime at My Account > View Order.

Paypal: You will be redirected to Paypal to make payment. If at any point your session expires or you exit the webpage your order will remain ‘Pending’ where you can make repayment via My Account > View Order. If your order gets cancelled, please create a new order. Paypal accepts payments in all fiat currencies (converted to £) using debit/credit card.

Bank Transfer: Once order is placed you will be sent an email with bank information. Your account will be set on ‘On-Hold’ status. You will need to make full payment as advised in your proforma invoice including any transfer charges directly into our bank account. For international payments (IBAN & BIC), and for local payments using our Account Number and short code. Once we receive payment we will automatically notify you via email and your My Account > Order Status will be set to Processing.

Bitcoin: You will be redirected to the BitPay processing site. There you will have a 15 minute session to pay via Bitcoins. Upon success your order status will change to ‘Processing’ and you will receive an email confirmation. If at any point your session expires or page cancels, your order will remain On Hold, in this case just create a new order.

Pro-Forma Invoice

While taking a deposit we will provide a pro-forma invoice.

VAT Payment

UK Customers pay added VAT (on final payment). Note. No local import duty and taxes for UK customers.

Non-UK customers will not pay any added VAT but may be responsible for paying local import duty and taxes.

Product Warranty

6 Months after shipment. Shipping charges will be notified at the time of the final payment

Conditions of order

Deposit Payments have open refunds as per the terms highlighted above.

The remaining payment to complete final assembly and shipment, will be required within 8-10 weeks of shipment date. If payment is not made in a set timely manner, we presume you no longer want the item, and will incur a majority penalty fee on your deposit refund and may be forfeited.

Our devices have been standalone with an easy to configure WebGui, however requires some basic technical skills.

Scrypt based cryptocurrency fluctuation and difficulty changes are not controlled by Alpha Technology and will take no responsibility on any kind of fluctuations.

Once you place this order it is understood that you have accepted the terms and conditions explained here.

Wholesale & Special Requests

Due to the high demand of our product and limited availability we will not be offering wholesale options or any special requests. All information regarding products have been publicly released and can be viewed on our website at alpha-t.net. Wholesale and custom options may be available at a later time.

Misc. Updates

Prices are the same worldwide. And any additional shipping cost will be incurred at final payment.

Deposit payment and final payment can be paid through different payment options, e.g. deposit can be paid with Bitcoins, and end payment with Bank Transfer.

After shipment we will be rolling out regular firmware and software updates.

Contact

To get the fastest response in regards to an existing order please email [email protected]. Emails will be checked on a regular basis during the pre-ordering phase, and you may expect a response within 24 hours. In all your correspondence you are requested to kindly mention your Order number in the subject.

Alternatively you can contact our office at : +44(0) 161 871 8643. Phone lines will be open during local UK working hours.

All our information for our miners is publicly available and can be viewed at alpha-t.net. Any other questions can be emailed at [email protected].
Pre Funding

We would like to double clarify, this is a pre funding project. This product is NOT in stock, shipping is expected to take a minimum of 6 months. Where funds are used to fully design & manufacture your ordered devices.

As for CC refunds, you need to contact your CC company and ask them to initiate a charge back.
legendary
Activity: 1316
Merit: 1014
ex uno plures
01/11/2013 Update:

1. Completing the design and prototyping of our ASIC chips has been our priority thus far, we will showcase this in an ASIC prototype in the coming weeks.

6 months later and here we are …

You gotta remember that when these guys talk about 'in the coming weeks', they don't mean yesterday or the day before, they mean some time in the future.

And when they talk about shipping 'from July 15-30' they mean some time in the future after July 15-30.


The most salient attribute of the future is that it is not now, and never will be.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Quote
" … we are finalizing our systems to accommodate the ASIC so as soon as the chips arrive the boards will be ready"

It sounds like they are assembling their own boards and will just 'solder in the ASICs' when they get here. Good luck with that if they are BGA or QFN packages … or maybe they have an Infra Red Vapor Phase Reflow Oven in a Clean Room in the garden shed behind their place at 66 Dickenson Road, Moss Side ?



full member
Activity: 210
Merit: 100
Does anyone have a copy of their ToS from the original order by any chance? There are 90+ pages in this thread and it'll take a good while to search for it, so just wondered if anyone had it on hand?
As for making a claim via your credit card company, how would that work if you used Paypal but used your card for the PP payment? Getting seriously peeved about this whole thing as I was expecting to see the miner in the next 2 weeks and now looks like we will be lucky to see it in the next 2 months , if ever !


Mike..
hero member
Activity: 616
Merit: 500
Regarding when they placed the order, supposedly back in mid-May they were 'well on their way through the tapeout process, expecting delivery soon'. I want to say they expected delivery by the end of May, but can't recall if they said that particular deadline.
legendary
Activity: 1442
Merit: 1000
Antifragile
I believe Alpha Technology gave 2 weeks from the time of a payment processor being set up (mentioned a month ago or more) to have to pay. And even then they didn't sound fixed.
Considering they spent extra to get the chips sooner, I would hope they have the chips any day now. It has been a while. Does anyone remember when they initiated the order?
We are in a really tight window, as any prior ASIC miner knows. Each weak the value of the miner drops a substantial percentage due to the rising difficulty level.

In light of all that has happened (or not) over the last month, I see no reason to send payment until they get the chips and are shipping.
And if that isn't in the next two weeks, I am not sure it even makes financial sense.
Even right now, I'm not sure what the chances of breaking even are. Has anyone run some estimations?

IAS
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
All I can say is: no chippie no monnie.  Cheesy
member
Activity: 84
Merit: 10
all im saying is, its too early to know for sure whats going on

There is one more thing.

Alpha viper 252 Mh - 36 chips * 5 boards = 180 chips
Declared power consumption - 1875 W
Declared single chip hashing power - 1,4 Mh
Declared chip technology - 40 nm

So chip consumes ca. 7,44 W / Mh

On the other hand the most efficient innosilicon 28 nm chip takes 7,64 W / Mh.

Alpha has to be truly the best!  Roll Eyes Simply a revelation in electronic industry!

hero member
Activity: 728
Merit: 501
Best-case shipping date was July? Oh on the contrary, for day 1 people the best case was May/June, with a guaranteed-by of July.

My, how things shift. And I believe the others are correct, they'll likely be aiming for late August shipping. This goes back to what was discussed awhile back, they likely ran low on funds, and need the remaining funds to buy chips (either theirs from Drexel who claims they have no business with AT, or someone elses' chips) and then setup hardware to use the chips.

I would hope they already have all of the supporting equipment designed an in-house .... but why wouldn't they post about it if they did? Good luck to anyone stupid/brave enough to complete their orders, hopefully you get your gear.

And bumface, AT did this to themselves. Nobody could possibly harm them more than they did already. You can't possibly do more damage to a company who has shoved its crotch in the face of its customers and cursed them out, and then banned many of them (some who were just asking simple questions about how to complete payment) from the customer-service forum.

all im saying is, its too early to know for sure whats going on, and reporting them to agencys must be viewed as a last resort when we are 100% sure its a scam, that word is used way to loosely in this crypto scene. a delay is not a scam.a scam is a criminal endeavour where no product ever existed.i still give them the benefit of the doubt.and maybe i just refuse to loose the investment ^_^
member
Activity: 84
Merit: 10
So no chips then and "hope to be able to give you a shipping date as soon as possible". WOW

Anyone else got a feeling once they have received enough money to pay for the chips they'll apologise for not shipping in July, blame their customers for wanting more hashing speed and announce that they are "on track" for a Q3 delivery as stated in their T&Cs. Then sit back as you wave your money and ROI goodbye.

If they still want to deliver their own chips they need at least 3 months - or rather more. So far every company that has started in this business got less hashing power and higher electricity consumption than initially expected. There were months of firmware tuning and several PCB revisions since the first prototype. Alpha-T would be the first company to get everything right at the very first approach.

More likely they want to wait few months and buy some OEM chips (or even whole mniers) from other companies - Innosilicon A2 chips seem to be the most compatible with their promises at the moment.





sr. member
Activity: 433
Merit: 250
So, as suspected, they've dropped the ball, say they can't ship, and can't give an estimated date of when they'll ship.

Can't say it comes as a shocker at this point.

It's hilarious how they make a big announcement about even more ways of taking your money, then almost as a sidenote near the bottom say they still haven't finished the units.

They haven't even built a prototype yet. The product doesn't exist.
QFMT.

What's staggering is that, if you look at the Alpha forum, people are actually giving them more money now the CC option is available. It's not surprising the financial system almost collapsed when people this stupid are given access to credit.
hero member
Activity: 532
Merit: 500
So, as suspected, they've dropped the ball, say they can't ship, and can't give an estimated date of when they'll ship.

Can't say it comes as a shocker at this point.

It's hilarious how they make a big announcement about even more ways of taking your money, then almost as a sidenote near the bottom say they still haven't finished the units.

They haven't even built a prototype yet. The product doesn't exist.
hero member
Activity: 616
Merit: 500
Best-case shipping date was July? Oh on the contrary, for day 1 people the best case was May/June, with a guaranteed-by of July.

My, how things shift. And I believe the others are correct, they'll likely be aiming for late August shipping. This goes back to what was discussed awhile back, they likely ran low on funds, and need the remaining funds to buy chips (either theirs from Drexel who claims they have no business with AT, or someone elses' chips) and then setup hardware to use the chips.

I would hope they already have all of the supporting equipment designed an in-house .... but why wouldn't they post about it if they did? Good luck to anyone stupid/brave enough to complete their orders, hopefully you get your gear.

And bumface, AT did this to themselves. Nobody could possibly harm them more than they did already. You can't possibly do more damage to a company who has shoved its crotch in the face of its customers and cursed them out, and then banned many of them (some who were just asking simple questions about how to complete payment) from the customer-service forum.
hero member
Activity: 728
Merit: 501
i really dont care about anything except getting the asic,and if they turn out to be a legitimate company i commend them for not responding to trolling. It might be wise to respond to some heavyer acusations and people who are reporting them to any and all agencys they can find, if this turns out to be legit, then that is seriously damaging to them and gives alot of unnesecairy work to those agencys.
sr. member
Activity: 420
Merit: 250
sr. member
Activity: 433
Merit: 250
Quote
option to pay with credit cards is now available. The following card types are accepted:

- Visa

- MasterCard

- American Express

- Discover

- Diners

- JCB

Additionally, some electronic (debit) cards with the Visa or MasterCard logo can be processed. Please be advised that in order to process your card, the name and billing address that you have set in the “My Account” area *must* correspond with the details of your card. Due to security measures, we cannot process your card if there is a different name and/or address associated with the card you’re trying to use, so please double check that your details are correct before trying to pay the invoice with your card. The shipping address can be different, this will cause no issue at all; but the billing address has to be exact and can be changed in your account area. We understand that this might be inconvenient for you should you have to pay multiple invoices, but for enhanced security purposes: we do not store your credit card details on our servers, and as such you must enter your CC details (number, expiration, CVV/CSC) manually for every invoice you wish to pay for. For your safety, it is always recommended to check that the address bar in your browser is green and shows “Alpha Technology (INT) Ltd” and that the address starts with “https://alpha-t.net/checkout”. Should you have any problems paying with your credit card contact us on [email protected] and please never e-mail us your credit card details. Be advised that credit card acceptance depends on passing the mandatory fraud check of the credit card vendors themselves, called 3-D Secure. This check is done automatically in the background and requires no input or any action from your side. Please note that using a proxy server may adversely affect the fraud check. We thank you for your patience whilst we were working on adding the ability to accept credit cards and apologize for the delay on this.

Quick update on development, we are finalizing our systems to accommodate the ASIC so as soon as the chips arrive the boards will be ready and we will be able to produce a prototype to demonstrate for you. We are aware it is half way through July (and passed our best case scenario date) and hope to be able to give you a shipping date as soon as possible so stay tuned.

Best Regards,

Mohammed Akram

Managing Director

Alpha just posted this in their News section. Relevant BS in red

So no chips then and "hope to be able to give you a shipping date as soon as possible". WOW

Anyone else got a feeling once they have received enough money to pay for the chips they'll apologise for not shipping in July, blame their customers for wanting more hashing speed and announce that they are "on track" for a Q3 delivery as stated in their T&Cs. Then sit back as you wave your money and ROI goodbye.
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