[GROUP BUY] Alpha-T Scrypt Miners 25 MH/s - page 5.

Bigeyeone

member

Activity: 112

Merit: 10

Quote from: Damnsammit on December 26, 2013, 05:52:02 PM

Quote from: Nullu on December 26, 2013, 05:47:30 PM

Quote from: Damnsammit on December 26, 2013, 05:40:29 PM

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP!

Undecided

Just don't get this place sometimes. I wish I had that kind of money to burn.

No kidding... and I am sure someone is reading this and coming up with another scam that will be succesful on here...

People are so blinded by potential profits that they can't understand why it is clearly a scam.

25MH/s would generate over $200/day right now, and people think that a company would sell them for $2500? Great business model... sell ASICs that ROI in 15 days instead of plugging them into a wall. Roll Eyes

+1

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: slavo on December 26, 2013, 05:47:08 PM

Can we buy in when they give us real proofs ?

I'll be in, can you pm me for more details ?

The only details I have of the ASICs is the same as you... on the alpha-t website.

I am doing a group buy for the units during this phase - The pre order phase.
You can buy in as long as I and alpha-t are both running the pre-orders. If they sell out then I will no longer offer group buys for the pre-orders obviously.

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: Damnsammit on December 26, 2013, 05:52:02 PM

Quote from: Nullu on December 26, 2013, 05:47:30 PM

Quote from: Damnsammit on December 26, 2013, 05:40:29 PM

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP!

Undecided

Just don't get this place sometimes. I wish I had that kind of money to burn.

No kidding... and I am sure someone is reading this and coming up with another scam that will be succesful on here...

People are so blinded by potential profits that they can't understand why it is clearly a scam.

25MH/s would generate over $200/day right now, and people think that a company would sell them for $2500? Great business model... sell ASICs that ROI in 15 days instead of plugging them into a wall. Roll Eyes

Can you troll in another thread. You can't even get your numbers right and look like a complete downer. Huh

Go troll the alpha-t thread.

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: MrMirkin on December 26, 2013, 05:53:09 PM

I am also interested, but is it just a "send BTC and trust me" thing? Are you planning to set this up in a legal contract? How are you going to handle disputes? What if they dont deliver? What if it takes them 2 years to finally get it working correctly?

With the history of cryptos and ASIC production, this is a really risky gamble. I may join up once I hear more, but atm its just too much to loose Sad

A legal contract will be in place. As for disputes, I make the ultimate decision as I will own 50% of each rig.
Yes "trust me" thing is in place. But you can visit the facility and meet me (southern cali) if you wish.

As for delivery of Alpha-T, it is out of my control. Refunds can be voted on an approved in which the refund will correlate with the amount Alpha-T refunds.

As with any new ASIC, there is risk involved. Hence caution, as you are trusting a brand new company.

Damnsammit

sr. member

Activity: 406

Merit: 250

Jesus Christ this forum is full of suckers... time to make an alt-account and set up a Group Buy for a 10 GH/s Scrypt ASIC (pre-order for only $4995!!!). Roll Eyes

MrMirkin

newbie

Activity: 24

Merit: 0

I am also interested, but is it just a "send BTC and trust me" thing? Are you planning to set this up in a legal contract? How are you going to handle disputes? What if they dont deliver? What if it takes them 2 years to finally get it working correctly?

With the history of cryptos and ASIC production, this is a really risky gamble. I may join up once I hear more, but atm its just too much to loose Sad

Damnsammit

sr. member

Activity: 406

Merit: 250

Quote from: Nullu on December 26, 2013, 05:47:30 PM

Quote from: Damnsammit on December 26, 2013, 05:40:29 PM

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP!

Undecided

Just don't get this place sometimes. I wish I had that kind of money to burn.

No kidding... and I am sure someone is reading this and coming up with another scam that will be succesful on here...

People are so blinded by potential profits that they can't understand why it is clearly a scam.

25MH/s would generate over $200/day right now, and people think that a company would sell them for $2500? Great business model... sell ASICs that ROI in 15 days instead of plugging them into a wall. Roll Eyes

Nullu

hero member

Activity: 532

Merit: 500

Quote from: Damnsammit on December 26, 2013, 05:40:29 PM

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP!

Undecided

Just don't get this place sometimes. I wish I had that kind of money to burn.

alphateam

hero member

Activity: 1036

Merit: 531

Only 6 month warranty?!

slavo

hero member

Activity: 784

Merit: 500

Can we buy in when they give us real proofs ?

I'll be in, can you pm me for more details ?

Damnsammit

sr. member

Activity: 406

Merit: 250

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP!

Undecided

IamRichard

hero member

Activity: 567

Merit: 500

Rig #1 filled. Taking pre-orders for rig #2

IamRichard

hero member

Activity: 567

Merit: 500

Quite a few people asking if I am willing to mine alternative Scrypt coins and the answer is yes. There will be a tracking and voting system in place.

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: jchi18 on December 26, 2013, 10:54:57 AM

I am having trouble seeing the advantage in doing this groupbuy rather than buying it outright for oneself. I am always up to invest in something of value but I think I will need some help understanding value in this one. Anyone?

No need to manage it. Security, access to power, ability to sell your stake quickly and easily. Reduce risk by only buying 1/8th instead of an entire unit. Easy to scale up if you wanted. Plus, its something fun Cheesy

jchi18

member

Activity: 88

Merit: 10

I am having trouble seeing the advantage in doing this groupbuy rather than buying it outright for oneself. I am always up to invest in something of value but I think I will need some help understanding value in this one. Anyone?

elbill

hero member

Activity: 952

Merit: 1005

frantorres_995 at socialmedia

Quote from: klondike_bar on December 26, 2013, 10:15:49 AM

Quote from: chrissibel on December 26, 2013, 05:58:25 AM

I'm interested. PM me.

please be smart. there are a lot of scams in the forums where companies/individuals claim they have an ASIC or are developing one. The only scrypt asic remotely near reality offers well than 1MH - to claim a 25MH one is close enough to invest your BTC on deposits to pre-order is shady.

there is no proof that:
1) t-alpha is a real company producing a real product (not a 1hr webpage design)
2) IamRichard has any connection to t-alpha, or any sort of "pre-order deposit"

£1,635
30% Deposit Required: £1635.
Total price: £5450. Remainder will need to be paid 8-10 weeks before shipment, which will include shipping cost to your location. so, whenever they ask you for the other 70% of the pre-order money, you are still 3 months from having hardware
Hashrate: >= 25 Mh/s speed
Power consumption: ~ 600w not happening. there is no info to suggest or support that this chip would be remotely capable of 25Mh/s on less than 600W

Dexeldesigns exists and is a real company, and really recognize to be working with t-alpha (http://www.dexceldesigns.com/news_events.html) so seem trustworthy.

klondike_bar

legendary

Activity: 2128

Merit: 1005

ASIC Wannabe

Quote from: chrissibel on December 26, 2013, 05:58:25 AM

I'm interested. PM me.

please be smart. there are a lot of scams in the forums where companies/individuals claim they have an ASIC or are developing one. The only scrypt asic remotely near reality offers well than 1MH - to claim a 25MH one is close enough to invest your BTC on deposits to pre-order is shady.

there is no proof that:
1) t-alpha is a real company producing a real product (not a 1hr webpage design)
2) IamRichard has any connection to t-alpha, or any sort of "pre-order deposit"

£1,635
30% Deposit Required: £1635.
Total price: £5450. Remainder will need to be paid 8-10 weeks before shipment, which will include shipping cost to your location. so, whenever they ask you for the other 70% of the pre-order money, you are still 3 months from having hardware
Hashrate: >= 25 Mh/s speed
Power consumption: ~ 600w not happening. there is no info to suggest or support that this chip would be remotely capable of 25Mh/s on less than 600W

chrissibel

sr. member

Activity: 336

Merit: 250

Got Crypto?

I'm interested. PM me.

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: Trizin on December 26, 2013, 01:57:44 AM

I'd like to invest but I'm reluctant.

Have you run a group buy before?

Will you be multi-pool mining?

Are you insured?

Thanks!

No group buy but I currently run a small alt coin farm and have a bunch pre-orders for other gear Wink

Yes Multi-pool mining can and will be arranged to act as a backup, mine an alternative coin and/or diversify risk.

The miners itself will not be insured (though there might be ways around this if they get damaged somehow). The building, electronic equipment, fires etc will be fully insured.
I am having a hard mount surge protectors installed along with secondary surge protectors (which claim to cover up to $200k USD in damages). Additionally, a short term battery will be routed to specifically to these miners with potential to install a generator should electricity problems arise.

Lastly, internet connection is on fiber and will have a DSL line as redundancy. The entire building has a pretty strong security system conneced directly to the police department which is less than a mile away. Also 24/7 surveillance cameras.

IamRichard

hero member

Activity: 567

Merit: 500

Quote from: klondike_bar on December 26, 2013, 01:53:47 AM

Quote from: IamRichard on December 26, 2013, 01:25:30 AM

Quote from: klondike_bar on December 25, 2013, 11:20:56 PM

lmao, a groupbuy for a nonexistent asic? https://alpha-t.net/product/viper-scrypt-miner-25mhs/

Its true, there is quite a bit of risk involved. So I urge people to only invest what you can afford to lose Wink

buyer beware then - this just seems like a shady groupbuy for a product noone has heard of, with deposits on pre-orders....

Well alpha-t is brand new but they did produce some designs that seem plausible. Now lets see if they produce a product demonstration!

Its like back in the BFL/Avalon/KNC startup days.

Topic: [GROUP BUY] Alpha-T Scrypt Miners 25 MH/s - page 5. (Read 22664 times)