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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 247. (Read 529107 times)

member
Activity: 119
Merit: 10
For the Community! By the Community!
My Biggest issue here Alpha is that you base your price of GPU prices. IE it will cost me the same to buy 280's for 5MH/s SURE it is without the entire rig. AKA no mobo and psu's

BUT the issue here is that shipping dates are Q2/Q3 of next year. That means that by the time the asics come out the 5mh/s will be basically useless if the hashrate continues to grow as it has. If you decide to spend the extra 500 pounds and buy a gpu rig for 5mh/s then you get more out of it than if you bought asics that are only being delivered q2 or q3 next year.

I really want you guys to succeed. Bringing LTC ASICS into the market is a great achievement and I will even order one with you to show support. But it doesnt make any type of Financial sense to buy an 5mh asic for £1350 when delivery is only Q2 or Q3 next year. as you can build an entire 5mh rig NOW for £1850 if you know what you are doing. Even with the added power consuption that GPU's have it is still worth it as they have a resale value.

If my calculations or assumptions are wrong please let me know. Because I really want you guys to do well. But honestly with that price tag I dont think you will. Not for Q2/Q3 delivery aka 4-9 months from now. (4 months I would understand the price a bit better though, but I will mine more LTC if I build my own gpu rig now and start mining it now

Please correct me if I am wrong which I hope I am

If the price was in dollars it would make 100% sense and I would understand it completely. and then even order a 25mh/s
legendary
Activity: 1202
Merit: 1015
are these devices going to be assembled in manchester or india? will you post to buyers from place of assembly or it will have to come to manchester first?
full member
Activity: 123
Merit: 100
You say on https://alpha-t.net/news/registration-open-updates/
"Registration is now open, you can register here and add your desired product and quantity to your Wishlist:
   https://alpha-t.net/login-register/  "

But there is no option to register.. ?

It is not a big problem, but it is strange if you, in this phase, already deviate from core values like "tell what you do & do what you tell".
member
Activity: 189
Merit: 10
Can connect but the registration page only has a way of logging in, no way to register.  The egg before the chicken.
legendary
Activity: 2128
Merit: 1002
Scam or not it looks very much like BFL scenario.
New pricey wonders which may come in half a year and at the time when they come they may be too little to matter much. When they come then it may be already late for various reasons.

https://alpha-t.net/login-register/
still offline for me.

I hated the BFL drama.
They took our miners, did their own mining for a few months and shipped it to the customers.
Hope it won't happen with Alpha Technology but how can we stop this BFL thing from happening.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I'd like to order 10 units please. Let's see if they deliver.
full member
Activity: 532
Merit: 100
Scam or not it looks very much like BFL scenario.
New pricey wonders which may come in half a year and at the time when they come they may be too little to matter much. When they come then it may be already late for various reasons.

Yeah, and I was expecting this to happen sooner or later. Whether they are a scam or not, there's no way I'll ever buy dedicated mining hardware again. These Ponzi schemes never give you more money back than what you've spent on them. Unless the currency in question explodes in price, but then you'd still be better off just buying the currency itself.

On the other hand, I do expect a horde of noobs to jump on the bandwagon and preorder an insane amount of miners. So GPU mining might be dead by this time next year. Unfortunately, the new miners who will have killed it off will probably lose money themselves in the process...
newbie
Activity: 37
Merit: 0
website seems to be back up, however the registration doesn't work.

if anyone else has any luck , do update.

I agree though the prices are way too high and with poor refund policy and lack of any prototype they are requiring too much faith from clients.

Same here, impossible to sign up
hero member
Activity: 532
Merit: 500
i have a shipment of Anus Laptops i can let go cheap....just let me know Wink

Do you accept ANUS coins?
member
Activity: 70
Merit: 10
 i have a shipment of Anus Laptops i can let go cheap....just let me know Wink
legendary
Activity: 1022
Merit: 1001
The CEO name is Mohammed Akram  Lips sealed

Here is his picture, please people this smells like a scam.






What I find interesting is how 2 accountants are supposedly making this technology available. They likely now nothing about technology though I'm sure their quite good at counting money (yours)  Grin
sr. member
Activity: 308
Merit: 251
Giga
website seems to be back up, however the registration doesn't work.

if anyone else has any luck , do update.

I agree though the prices are way too high and with poor refund policy and lack of any prototype they are requiring too much faith from clients.
member
Activity: 114
Merit: 100
Scam or not it looks very much like BFL scenario.
New pricey wonders which may come in half a year and at the time when they come they may be too little to matter much. When they come then it may be already late for various reasons.
full member
Activity: 190
Merit: 100
the website is off and that is not very promising - is it?
also lack of details is alarming - if they had it they would show it - nobody can steal it from picture or movie so...

my opinion: SCAM
sr. member
Activity: 308
Merit: 251
Giga

your website is down.
sr. member
Activity: 347
Merit: 251
There can be only one!
Is it just me, or is their website down???

I've been keeping an eye on these guys for at least a month -- would expect a scam to have started taking money earlier, these guys have (reportedly) been working on this for awhile -- look up their other threads.
sr. member
Activity: 323
Merit: 250
As one of the Twitter posts said : it's strange that they release a statement today, unless they're mainly based in India.  There is no xmas there. 

Alpha-T is based in Manchester.

Their partner (Dexcel) is based in India.
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
A lot of people will get scammed. The greedy get burnt  Tongue
newbie
Activity: 33
Merit: 0
As one of the Twitter posts said : it's strange that they release a statement today, unless they're mainly based in India.  There is no xmas there. 

My post here is just wondering if anyone apart from myself is unconvinced (ok there are a couple unconvinced posts already).

Alpha's post indicated software & firmware update...  I was under the impression that Asic chips had firmware that is not updateable?

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