Author

Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 244. (Read 529100 times)

member
Activity: 66
Merit: 10
Would be nice to know how many of each model in batch # 1!

I for one wonder if 5400+ individual orders have been placed in the few hours the ordering did work.

My 52xx order was placed @ 12:17 UTC, and from what I can see the pre-order was live for 2 hours, then after 8 hours "back live" tweet was published. Now it's been up for ~2hrs, which looks like a total uptime of 5 hours or so. That's 1000 order per hour...

Hope Alpha-T can clarify as to the total numbers in batch 1.
member
Activity: 107
Merit: 10
Pre Orders Now Live!

Our pre order books are now open. Please go to the desired product page https://alpha-t.net/shop/ and add your quantity to your cart to complete checkout. There are 3 payment options which will be readily available to you. All the information you need in regards to order statuses can be found at My Account > View Order.

Bank Transfers may take a few days to clear, we will allow sufficient time for these transfers to clear.

If you experience any problems our email support team at [email protected] are available 24/7. Please only use this email only for problems with current orders and payments. Quote order # in Subject area.

Order books will remain open till we have reached our limit for batch 1. When order books close, Bank Transfer customers will have a grace period of 5 working days to complete their purchases.

All customers whose orders are successfully in the 'Processing' status, will join the Batch 1 queue and will be part of the first people to receive their Scrypt ASIC devices. Once pre order stage has been completed, our loyal customers will be getting weekly updates and will be following us every step of the way up to the delivery of their devices! We are hoping these updates will give better hash rates, better power consumption, and smaller sized enclosures than quoted!

their site is online again.
just made an order and paid via paypal.
Order: #53xx
hope they don't do a BFL six months from now....
 Tongue


Blimey I ordered an hour ago and was placed 50xx. Three hundred or so in an hour aint bad going !

legendary
Activity: 2128
Merit: 1002
Pre Orders Now Live!

Our pre order books are now open. Please go to the desired product page https://alpha-t.net/shop/ and add your quantity to your cart to complete checkout. There are 3 payment options which will be readily available to you. All the information you need in regards to order statuses can be found at My Account > View Order.

Bank Transfers may take a few days to clear, we will allow sufficient time for these transfers to clear.

If you experience any problems our email support team at [email protected] are available 24/7. Please only use this email only for problems with current orders and payments. Quote order # in Subject area.

Order books will remain open till we have reached our limit for batch 1. When order books close, Bank Transfer customers will have a grace period of 5 working days to complete their purchases.

All customers whose orders are successfully in the 'Processing' status, will join the Batch 1 queue and will be part of the first people to receive their Scrypt ASIC devices. Once pre order stage has been completed, our loyal customers will be getting weekly updates and will be following us every step of the way up to the delivery of their devices! We are hoping these updates will give better hash rates, better power consumption, and smaller sized enclosures than quoted!

their site is online again.
just made an order and paid via paypal.
Order: #53xx
hope they don't do a BFL six months from now....
 Tongue
legendary
Activity: 1442
Merit: 1000
Antifragile
Website is offline The server may be down for maintenance, there may be a network problem, or the site may be experiencing excessive load.
Error 522 Ray ID: e759e3ffa1e099a
Connection timed out

Still down - perhaps there are those who don't want ASIC coming to LTC?
legendary
Activity: 1121
Merit: 1003
Website is offline The server may be down for maintenance, there may be a network problem, or the site may be experiencing excessive load.
Error 522 Ray ID: e759e3ffa1e099a
Connection timed out
legendary
Activity: 1652
Merit: 1265


sure need some curb appeal

Their product probably matches up to their curb appeal Smiley
legendary
Activity: 1121
Merit: 1003


sure need some curb appeal
member
Activity: 114
Merit: 100
No payments as yet.

To also add, where do people think that the majority of goods they have in their homes come from.... offshore ! I've purchased thousands of dollars worth of goods from China/India, and apart from the odd over inflated customs charge, I've not had any issues to date (touch wood).

I've also had clarification on VAT/Tax import for UK customers from Alpha-T. My understanding is that Alpha will be taking delivery of all imports into the UK and as such will be liable for all import duties. In fulfilling the order from the UK they will charge VAT to UK customers. This is all legit and I would expect this from any VAT registered company. I understand also that no further delivery costs will be incurred by customers in the UK (although only possibly mainland).

I was also given their VAT number and have verified this as being correct against their company details.

Fortunately I am VAT registered myself so will be able to claim the VAT back :-)

Sure, no payments yet, just 30% deposit on preorder. If that is not payment then good luck to you.
Secondly according to their own newsletter they said that in order to save time for whoever purchase it they will be shipping directly from India.

So what do you believe, their own newsletter or somebody with 20 posts who got his own "understanding" about what they are going to to.
Sure you do have this understanding mainly if you hopped on that train and paid already.
legendary
Activity: 2940
Merit: 1090
Sure the original idea was a get rich quick scheme for GPU owners, they wanted to keep spawning more and more scams to keep cheating people out of money by selling them an endless stream of insecure crap, to keep spewing more and more such crap so who cares that it is all insecure as only idiots/suckers would ever throw money into such crap and suckers deserve to be suckered.

But unfortunately a lot of suckers have been suckered into putting a lot of money into Litecoin so it behooves us as responsible members of cryptosociety to try to secure that damn blockchain regardless of the schemes and dreams of the scammers.

That means ASICs, because until people all over the world have ASICs securing that blockchain it continues to be a train wreck waiting to happen.

It is maybe also true though that we ultimately need free open source ASICs if there is any truth in assertions that otherwise only the ASIC design companies - the owners of the designs - will be able to deploy effective hashing farms and will not distribute the hashing power.

-MarkM-
member
Activity: 107
Merit: 10
No payments as yet.

To also add, where do people think that the majority of goods they have in their homes come from.... offshore ! I've purchased thousands of dollars worth of goods from China/India, and apart from the odd over inflated customs charge, I've not had any issues to date (touch wood).

I've also had clarification on VAT/Tax import for UK customers from Alpha-T. My understanding is that Alpha will be taking delivery of all imports into the UK and as such will be liable for all import duties. In fulfilling the order from the UK they will charge VAT to UK customers. This is all legit and I would expect this from any VAT registered company. I understand also that no further delivery costs will be incurred by customers in the UK (although only possibly mainland).

I was also given their VAT number and have verified this as being correct against their company details.

Fortunately I am VAT registered myself so will be able to claim the VAT back :-)
hero member
Activity: 756
Merit: 500
please please waste all your money people seriously? why do you think scrypt coins were made...to avoid what happened to bitcoin. with cex.io now..developers are thinking of changing the equation for mining to make asics obsolete...please spend all this time and money on something that your never going to see a roi, by the time you get a product, if you ever do, they will just change the equation again...these kinds of networks are not meant to be controlled by a few people...specialised hardware will keep getting shunned on in the future of these payment networks
but hey, go ahead and flip that coin!
if i was you id spend that money on ebay buying gpus NOW because theirs a ton of money to be made gpu mining still
sr. member
Activity: 476
Merit: 250
They should state this fact from day one they started to accept payments not few days after that. This is unacceptable.

Payments are not beeing accepted yet, no?
member
Activity: 114
Merit: 100
Can't tell if that video helped them or hurt them  Huh

I guess I'll wait until a more reputable company comes out with one.

I was expecting a finished prototype, not a fraction of it.


Prototyping with ASICs really isn't how the game is played; my understanding is that this is more of a proof of concept. It isn't practical from a cost-perspective to produce a finished prototype.

The point is do not preorder anything so the prototype is not needed.
Once you have a full product ready to ship, then accept orders. Easy!
But I guess the point here is another, get as many preorder as possible, isn't it

So without preorders, they would need venture capital funding, and then if the miners are that lucrative, the venture capitalists would just keep them. Pre-orders are essentially crowdfunding, and if they produce a product, the fact that it wasn't funded by a small number of individuals helps keep the network distributed and healthy.

Without preorders... How do you propose they pay for NRE and all the other associated costs?

In a peachfuzz and rainbow world, yes, pre-orders would not exist. But we are in this world.

Pre-orders are not crowdfunding - you are totally wrong.

Without preorders... They should not even fucking start if their capital was enough for just renting domain, creating website and making few phone calls to India.
 
So in this world every Mohammad can wake up in the morning and say what the heck lets make scrypt asic. Set some website, mention few magic words on some forums and woohoo money are rolling in.
I am all in for supporting startup companies with new ideas. I just dont like them taking piss out of me. The thing which matter most is that from start they claimed to be UK company and maintained this until few days ago. It is a big difference if somebody ship several thousand $ worth merchandise from UK or India. Nothing racist here, just obvious facts which I do not need to mention.
They should state this fact from day one they started to accept payments not few days after that. This is unacceptable.
hero member
Activity: 574
Merit: 500
Can't tell if that video helped them or hurt them  Huh

I guess I'll wait until a more reputable company comes out with one.

I was expecting a finished prototype, not a fraction of it.


Prototyping with ASICs really isn't how the game is played; my understanding is that this is more of a proof of concept. It isn't practical from a cost-perspective to produce a finished prototype.

The point is do not preorder anything so the prototype is not needed.
Once you have a full product ready to ship, then accept orders. Easy!
But I guess the point here is another, get as many preorder as possible, isn't it

So without preorders, they would need venture capital funding, and then if the miners are that lucrative, the venture capitalists would just keep them. Pre-orders are essentially crowdfunding, and if they produce a product, the fact that it wasn't funded by a small number of individuals helps keep the network distributed and healthy.

Without preorders... How do you propose they pay for NRE and all the other associated costs?

In a peachfuzz and rainbow world, yes, pre-orders would not exist. But we are in this world.
newbie
Activity: 42
Merit: 0
Can't tell if that video helped them or hurt them  Huh

I guess I'll wait until a more reputable company comes out with one.

I was expecting a finished prototype, not a fraction of it.


Prototyping with ASICs really isn't how the game is played; my understanding is that this is more of a proof of concept. It isn't practical from a cost-perspective to produce a finished prototype.

The point is do not preorder anything so the prototype is not needed.
Once you have a full product ready to ship, then accept orders. Easy!
But I guess the point here is another, get as many preorder as possible, isn't it
hero member
Activity: 574
Merit: 500
Can't tell if that video helped them or hurt them  Huh

I guess I'll wait until a more reputable company comes out with one.

I was expecting a finished prototype, not a fraction of it.


Prototyping with ASICs really isn't how the game is played; my understanding is that this is more of a proof of concept. It isn't practical from a cost-perspective to produce a finished prototype.
legendary
Activity: 1418
Merit: 1002
Can't tell if that video helped them or hurt them  Huh

I guess I'll wait until a more reputable company comes out with one.

I was expecting a finished prototype, not a fraction of it.

sr. member
Activity: 384
Merit: 250
Are you sure about those numbers? WOW. We are talking 131,072Mbit of ram for 128 cores!
Go on...

From the OP (about half way down, 23/12 announcement)

ASIC Chip Specs

Process: 28nm/40nm HPP, 3.3v/1.8v
Internal Memory: >=128Mb SRAM
Gates: ~28M Gates
Clock Speed: > 600 Mhz Core Clock
Hashing Cores: >= 128
Chip Hash rate: > 350 Kh/s
Power Consumption: < 5w

The video confirms GlobalFoundries 28nm HPP process node. The NRE is going to be enormous (I'd like to hear an estimate from someone with insider knowledge, but I'm guessing in the range of several million dollars). So in order to make this pay, Alpha must be relying on sales of several thousand units.

BTW. The comment on TMTO=1 (LOOKUP_GAP) reflects their statement that each core will use 1024kBit of RAM. Now I don't know the details of their design, but I'd suggest a more appropriate value would be 4 or 8 in order to reduce the RAM footprint.

EDIT. LOL, I'll amend that to 1024kBit of RAM per core. Its still a lot though.
legendary
Activity: 1442
Merit: 1000
Antifragile
Does anyone with a good background in FPGA/chip design support Alpha's claims or think they are feasible? My spidey senses are tingling.

I have some background, but there are better experts than me on these forums.

128 cores, 1024Mbit of RAM each core (TMTO=1, WTF!!). Its going to be a huge chip and the 28nm foundry node is not cheap. Feasible, probably, but I think their costing figures were pulled from the wrong direction (marketing rather than production). Also have a look at Dexcel's web site. Plenty of experience in FPGA. Not a thing mentioned about ASICs.

Are you sure about those numbers? WOW. We are talking 131,072Mbit of ram for 128 cores!
Go on...
sr. member
Activity: 384
Merit: 250
Does anyone with a good background in FPGA/chip design support Alpha's claims or think they are feasible? My spidey senses are tingling.

I have some background, but there are better experts than me on these forums.

128 cores, 1024kbit of RAM each core (TMTO=1, WTF!!). Its going to be a huge chip and the 28nm foundry node is not cheap. Feasible, probably, but I think their costing figures were pulled from the wrong direction (marketing rather than production). Also have a look at Dexcel's web site. Plenty of experience in FPGA. Not a thing mentioned about ASICs.

[Edited to amend 1024Mbit to 1024kbit, thanks "Its About Sharing" for pointing out the typo]
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