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Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 94. (Read 529099 times)

legendary
Activity: 1859
Merit: 1001
Will they even get to batch 1? =) hehehe

Well....My worst investment ever...
This may have started as an investment but it turned out to be a mugging. There are no Vipers, no batches, never were. A lot of people here blame themselves for losing their money. You didn't lose it, it was stolen and that is not the same thing as losing money in an investment. I know this because I have had loser investments in solar water heaters, cattle, bull semen, airlines, etc. etc. you name it. Alpha Technology is nothing more that an ongoing conspiracy to defraud. They are still asking for payment for products that do not exist.
And while I'm on the soapbox this morning (Can't farm, waiting for rain to stop) I have to ask of this community - Who is selling their Alpha gear, gear that is known to not exist, on eBay?
Maybe it's Alpha? I would not put it past them to do something underhanded.
My money is very hard earned and I stand to lose a bunch but I can not imagine selling my misery to an unsuspecting buyer to ease my own loss. Legally I will try everything possible to get my money back from Alpha but if all else fails I guess I'll have to take the hit. - M


  

sadly, we are surrounded by human vermin who take sick pleasure in fucking strangers over and then blaming them for being so stupid as to believe blatant lies...

some of them deserve it for doing the same/similar thing previously...

but they fail to acknowledge any culpability due to their aforementioned sickness
hero member
Activity: 616
Merit: 500
Crypto hardware is really a game for folks who can make high-tech IC's hit doors quickly. By default, this lead goes to our Asian friends, and it's no wonder the chinese companies have been the ones shipping the fastest and in greatest volume, and it all started back in the Bitcoin ASIC days. Now you have GAW for the Scrypt stuff.

Since then, the Swedes (KNC) have been the only group to also knock it out of the park, and this is likely because they're the only group of focused individuals with the right skillsets and experience to make it happen, and now they're branching into Scrypt and other stuff.

Ever since then you've had places popping up trying to get in on it, because we all know the folks selling the shovels will always make more than the folks digging for gold. It's really simple analysis and math. I've always only invested in the Chinese and KNC gear for this reason.

Absolutely sucks for folks who've lost out on ventures like this, and others, and this is why I try to wave flags and help people pull their money out before it's too late.

As to Flower tech, weren't they originally in bed with the Alpha tech folks? I coulda swore I remember them talking amongst themselves well over a year ago, about a partnership.
newbie
Activity: 32
Merit: 0
great, now im screwed out of 14000 dollar on alpha and flowertech. thank you guys, really splendid. that was all i had. i should be hashing by now, and i just bought some pipedream. investments lost, refunds refused. really nice going. you really messed up my life.

withouth the proper return i should have had by now, i was forced to launch my crowdfunding campaign without a 3d model, and without proper marketing. and now my 2 year effort is turning into shit , the campaign is on 61 euro after a week, thanx for messing up my life!

There's an old say "Never invest more than you can afford to lose".  All pre-orders miners are extremely risky investments.  Probably one of the most risky investments there is.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Sorry to hear that bumface. At least Flowertech mans up to their problems. Alpha-T just weasels around …

Wonder what Fibonacci is up to these days … hmm … doesn't look good …

https://litecointalk.org/index.php?topic=21506.msg198342#msg198342
https://bitcointalksearch.org/topic/ann-fibonacci-info-and-questions-368468

TL;DR No ASICS, accusations against project leaders
hero member
Activity: 728
Merit: 501
great, now im screwed out of 14000 dollar on alpha and flowertech. thank you guys, really splendid. that was all i had. i should be hashing by now, and i just bought some pipedream. investments lost, refunds refused. really nice going. you really messed up my life.

withouth the proper return i should have had by now, i was forced to launch my crowdfunding campaign without a 3d model, and without proper marketing. and now my 2 year effort is turning into shit , the campaign is on 61 euro after a week, thanx for messing up my life!
newbie
Activity: 14
Merit: 0
I've been reading this thread on and off for months.

It's interesting to see how things have evolved, and with hindsight we can see who was an Alpha shill: https://bitcointalksearch.org/user/theym00s-215568 (active for 2 days, almost every post about Alpha and praising them - even a thread reminding people the pre-order was closing! haha)

It seems like most people here think it's black and white, either Alpha was scamming the entire time, or that they'll still deliver and it was 3rd parties who've caused the delays.

I think there's a broader range of possibilities, the most optimistic being that Alpha thought that maybe they could pull it off, but even if they didn't they would still get lots of cash because of pre-orders, or the other end being that it was a scam they orchestrated from the beginning (less likely).

Consider this, KnC miners is made up of a bunch of engineers, and their website links to their linkedins: https://www.kncminer.com/pages/aboutus

Alpha was made up of accountants, who would get other people to do the engineering.

This is important, because accountants know how to make sure they will make money even if they don't deliver. By saying that miners are business partners and making the pre-orders difficult to refund. I believe they had this plan from the beginning.

Getting in the cryptocurrency miner game is a bent accountants wet dream - greed from miners mean they'll happily send money for a pre-order, several months waiting for manufacture to be expected, etc.

So I think the most likely scenario is they hoped they could create a miner and make money as a legitimate business; this way they could make more money, using their reputation to sell new products in the future. If it was a scam the entire time they would have never bother investing in any chip production (although I'm not sure there's proof they have). But if things turned out how they have they'd still make a small fortune.
copper member
Activity: 2898
Merit: 1465
Clueless!
start of quote:

I am wondering if the Flower Technologies / Ensilica (UK ASIC design firm) delay is related to the Alpha-T  delays ?
If Alpha-T were counting on using the Ensilica device as a fallback after Dexcel issues, then it could be February before they ship …

You can read about that drama in the August update here: https://www.flowertechnology.com

TL;DR Flower didn't raise enough money thru pre-orders to completely fund Ensilica to do the asic development.

Wow.... Delivery in February.... People must be furious..

end of quote

Must admit...their BS does seem more polished...and smells better ..but the result is the same NO REFUNDS but your asic
arriving in OCT  that is

the mind boggles... me thinks only baby miners from now on..'in stock' (or as in stock get to me as best as someone like bitmain ever manages)

www.coinbase.com looks so much better with 500 (and going down) BTC price.....

ugly out there

also side note I guess KNC is delaying refunds even longer in BTC now that price has tanked....who did not see that coming

Searing

(p.s. sorry about the ugly quoting but I think I have some kinda ban on here ..I can post but can't quote nor does this thread come up in my
new msgs like my other posts anymore..anyone know about this let me know ..jeez..it is like I'm secretly shunned or something or hell its just broke)


newbie
Activity: 34
Merit: 0
I am wondering if the Flower Technologies / Ensilica (UK ASIC design firm) delay is related to the Alpha-T  delays ?
If Alpha-T were counting on using the Ensilica device as a fallback after Dexcel issues, then it could be February before they ship …

You can read about that drama in the August update here: https://www.flowertechnology.com

TL;DR Flower didn't raise enough money thru pre-orders to completely fund Ensilica to do the asic development.

Wow.... Delivery in February.... People must be furious...
legendary
Activity: 1316
Merit: 1014
ex uno plures
I am wondering if the Flower Technologies / Ensilica (UK ASIC design firm) delay is related to the Alpha-T  delays ?
If Alpha-T were counting on using the Ensilica device as a fallback after Dexcel issues, then it could be February before they ship …

You can read about that drama in the August update here: https://www.flowertechnology.com

TL;DR Flower didn't raise enough money thru pre-orders to completely fund Ensilica to do the asic development.
newbie
Activity: 34
Merit: 0
was this a scam or not??

It's up to you to decide so far.  If you are a customer like me and support ignore your requests for refund, offrer you some goodwill instead but never transfer anything back, going underground and not answering at any of your mails and then banning you on the forum..... How would you react?   Even if they delliver anything in September, they still threat people like me,  who paid in full,  like shit....
legendary
Activity: 910
Merit: 1000
was this a scam or not??
legendary
Activity: 1045
Merit: 1000
KNCMiner have their wafers:

https://www.kncminer.com/news

Quote
Titan Moving Forward
 
Our new Titan Scrypt Miner is finishing it’s first run in fabrication this weekend with wafers being sent to the next step: encapsulation. As so, we’re awaiting completion and the arrival of the finished chips in Stockholm, Sweden, where they’ll move into our testing and assembly phase, for delivery.
 
We can also announce today that The Titan chip will use a PCB (board) with the same physical dimensions and footprint as the one we’re using on our Neptune product, while requiring substantially lower wattage. It is also delivered using our new modular design system. We’ll update this space as soon as we can announce first delivery of the new Titan Scrypt Miner, and will release exact specs after real-world testing has completed.
Yup.  Pretty much the death knell for us poor little ole alpha-t pre-orders I'm afraid.  Now, even if by some miracle AT manages to actually deliver by the end of next month the unit's will basically be little more than expensive-to-run heaters.  Time for somebody to setup an AT-preorder-suicide-hotline toll-free number I'm thinking :/

When I get my miner I have to pay €360 (20% for 50Mhs) for the toll or vat or whatever country its coming from. When the delivery is about in December I am sure I will not pay it as its more as its worth. Thats the truth.

I was thinking when ordered they will deliver in middle June, after paying the 70% sure they are going to deliver in July. Now in August I am sure there will be no miner before December coming to me. In September they will get the asics (!), October fixing the PCB and maybe in November starting shipping.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Quote
You paid for a 25Mh/s miner

Quote
We are sorry if this sounds harsh to you

Truly
legendary
Activity: 1316
Merit: 1014
ex uno plures
Quote
This is the final word on this as such any posts on this will be deleted

Rest Assured
full member
Activity: 223
Merit: 116
I cashed back 50% minus 70 GBP. Not the sweetest deal to my heart but given everything seemed the best option for me.

FYI...
member
Activity: 60
Merit: 10
referring to the terms
legendary
Activity: 1890
Merit: 1031
Give it up guys its over. We have all been swindled. There were many red flags over the months since the preordering began and we all should have seen this coming. I feel bad for anyone that actually sent them the remainder of the money. I've written this off as a total loss as paypal as usual will be useless to help.

Yes, you all probably help some terrorists Cry
I still remember the 7 July 2005 London bombings  Cry Cry Cry

Why after this Dutch website posted on 29/01/2014 this pictures, why you guy still order there?
http://www.bitcoinupdate.nl/home/alpha-technology-een-kijken-achter-en-voor-de-schermen-bij-deze-litecoin-miner-gigant

http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/4148417_orig.jpg

http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/1887991_orig.jpg

there is something funny with this link to the dutch website , where it 's posted on 29/01/2014 the T&O in this article is not the original one. and that is strange , because the first modified T&O came out in march/april if i'm correct, so i ask myself do i miss something here?
can somebody explain this.
regards
 
I can not find a time stamp in the pictures :-( So I am not sure, but i know it must be around begin of February.

T&O ?
newbie
Activity: 27
Merit: 0
Give it up guys its over. We have all been swindled. There were many red flags over the months since the preordering began and we all should have seen this coming. I feel bad for anyone that actually sent them the remainder of the money. I've written this off as a total loss as paypal as usual will be useless to help.

Yes, you all probably help some terrorists Cry
I still remember the 7 July 2005 London bombings  Cry Cry Cry

Why after this Dutch website posted on 29/01/2014 this pictures, why you guy still order there?
http://www.bitcoinupdate.nl/home/alpha-technology-een-kijken-achter-en-voor-de-schermen-bij-deze-litecoin-miner-gigant

http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/4148417_orig.jpg

http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/1887991_orig.jpg

there is something funny with this link to the dutch website , where it 's posted on 29/01/2014 the T&O in this article is not the original one. and that is strange , because the first modified T&O came out in march/april if i'm correct, so i ask myself do i miss something here?
can somebody explain this.
regards
 
copper member
Activity: 2898
Merit: 1465
Clueless!
Well ....still can't follow this forum nor quote to post..but seem to be able to reply here...weird

yeah the site www.alpha-t.net is still up but FORUMS are down...I was listed as Visitor in that I did get an AMEX refund on
my 30% down on a Vyper....

but maybe even that has been taken away (as Visitor I could only look not post)

anyway any info on how I'm throttled on this thread here (no idea my profile says all is good) and/or if forums are
still up on alpha and I just tripped over another layer of banning on the site

I can say I was shocked the site is back up ..when it was down I was sure the whole dog and pony show had left town

Searing
newbie
Activity: 34
Merit: 0
Well their site is back online!
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