Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 236. (Read 529093 times)

Actually the 30% down may work against you, as UK law states they don't have to refund any of the deposit if you change your mind. If you had paid in full you would be entitled to a full refund up until the day of shipment.

They have agreed to partial refunds which on paper looks good.
 
But.........If I was an evil genius, that's exactly what I would do. Then wait six months spread a load of FUD so everyone cancels. I'd only have to pay 50% back minus £70 fee. So even if I only sold 1000 5MH/s units, I'd pocket a cool quarter million, totally legally, then fold the company due to lack of resources.

Just a thought

^-- This needs to be on a plaque somewhere in the crypto museum of the future. This is what people need to realize.

I emailed them twice, once a few days ago, and once a week ago.

Just concerns on shipping to USA, and my shipping address not appearing on my order.


....still haven't heard back.

Congrats to you bro. I read that thread and it's an honor to meet you! You saved a lot of people a lot of money and some headache as well from BFL. Unfortunately I used BTC with them but am looking forward to my transferred order of 50Gh via Mining by the Gigahash, the way BFL delivers, sometime in April-June. I'll make at least .05 BTC over the life I figure. ehehe, but my others ventures were all successes.

Its about sharing

alpha-t we are your customers, we need many answers...

alpha-t care to explain why you wont answer any of my 6 emails I sent regarding units collection marketing meeting, meet up in person etc.  Plus investment and group buys for my client base. I am local to your business and would like to meet in person and make arrangements over the phone however phoned several times to get no response.

Yes, I contacted them via email on Monday and they refunded via PayPal the same day.

Maybe the LTC Devs would fork LTC away Scrypt ASIC devices.

My BFL experience was a fun ride. I got my bank involved after I emailed BFL many times asking for a refund and being denied. I went onto the forums and posted some information I found on how to get a refund even after six months or longer. I was banned for life from the BFL forums and low and behold my ASIC was at my door less  -than a week later.

Regardless of Scrypt ASIC, people keep claiming the difficulty is going to be significantly higher 6 months from now.. how is that the case when the GPU ASIC foundries aren't even pumping chips out? And with the Chinese New Year upon us, things slow down. The OEMs are already backlogged and in some cases have market certain R9 product lines as discontinued the same month they were released, simply because there won't be any materials to make them all year.

Sincerely doubt difficulty is going to be *that* much higher in 6 months with barely any GPUs shipping. AMD recently said in an article they produce by the quarter, and the Q1 batch is already sold out. I wouldn't worry too much. We'll be waiting another month before the ships hit the shores with more cards.

The mining game will always be a rich man's game because at some point, most home users will be left behind as they can't grow anymore due to electrical constraints. Whether it comes in that form or ASIC, it will occur.

emailed 3 departments & PM'd the user alpha-t just now.

nothing from yesterdays email to [email protected]

THis will not just ruin High Electricity/GPU users, it will have a strong potential in destroying Altcoins all together eventually like bitcoin. It will turn into a rich mans game.. Difficulty will SKY rocket and when new multiprofit coin pools  open and will rise up with new signups they will be switching and dumping like crazy which will eventually demolish these coins... I dont think they realise the potential repercussions of difficulty rising and and more miners joining because very soon even these asics wont catch up and then more asics are needed..$$$ - What is it you guys say  " Shut up and take my money" Thats EXACTLY the words that are fuelling these scammers "IF THE RUMEROUS ARE RI"if infact they are whoever they are but most likely lurking the forums getting the info by our comments and people naive comments willing to throw all they got on these guys claiming they are the first to be able to produce these . sending in q2 q3
All I can say Is if you have free Electricity then you should be OK or even Very Cheap Electricity Via $12,000 Worth Of Solar panels on your double story house.. 12 Large panels to be exact, i will give you an example of one of my bills with Ducted aircon on through out the whole house in the summer 3 months of HEAT - total bill was $960 per Quarter, With the reductions and feedback into the grid the bill came down to $290 .

And Now again the bill is even cheaper they offered us an extra 15% of Electricity bills done by automatic payments.

But for the guys who are getting Smashed with Electricity the asic maybe the way to go..

All in all... I think Asic will turn Litcoin into Bitcoin... No one really wants that unless you have invested in over $10k Worth of equiptment AS A START - get ready to start upgrading...


Last of all I really dont know the if this will go ahead and if it does when ... Not very soon I can tel you that... Lets say you pay 5k on an order that will take  6 months to come... You either get scammed or you purchase the miner with only 5mhs which i nothing and will produce avergae reaults minus the power benifits. But by this time Diff has risen which bring profits down again... so be prepared for the next investement not long after for the upgrade.. You will not make your 5k back with in 6 months with alt coins I beleive .. Not with $5000

Well interested in refund too so please share you experience .

Most of these companies appear to be small start ups that rely heavily on preorders in order to source the parts required, and because of that their estimates are almost always off. Always based on estimates by the factory, so you get estimates upon estimates upon estimates.

I work in retail, and I can tell you that preorder means absolutely squat in real terms.

How anyone would actually trust Hashfast is beyond me, I mean look at their ceo:



I wouldn't trust him with a broken pencil.

Also I agree with what's been said, in this era of preorders it's hard to find the honest folks. You think they would go out of their way to distinguish themselves, so far they're dead in here on their own topic.

Can you share more info on your "expert team"?

Scrypt Asic's claims have been pretty thoroughly discredited. They won't be putting out a 25 MH/s unit, and especially not for that price.