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Topic: [GROUP BUY] Alpha-T Scrypt Miners 25 MH/s - page 6. (Read 22678 times)

member
Activity: 70
Merit: 10
December 26, 2013, 01:57:44 AM
#7
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!
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
December 26, 2013, 01:53:47 AM
#6
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....
hero member
Activity: 567
Merit: 500
December 26, 2013, 01:25:30 AM
#5
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
hero member
Activity: 567
Merit: 500
December 26, 2013, 01:11:26 AM
#4
~1.37 btc per slot - is that the deposit? If so, how much would remaining balance be then?

Sorry I should have been more clear, OP changed.

0.39 per slot for deposit and remaining balance will need to be paid when Alpha-T makes the request (they said a few weeks before shipment)
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
December 25, 2013, 11:20:56 PM
#3
lmao, a groupbuy for a nonexistent asic? https://alpha-t.net/product/viper-scrypt-miner-25mhs/
sr. member
Activity: 588
Merit: 250
December 25, 2013, 07:54:41 PM
#2
~1.37 btc per slot - is that the deposit? If so, how much would remaining balance be then?
hero member
Activity: 567
Merit: 500
December 25, 2013, 07:08:44 PM
#1
Hello,

I was planning on ordering a few for myself but I am going to gauge interest on potential group buys for the Alpha Technologies 25 MH/s Litecoin ASICs.
I will be owning 50% of each rig we group buy. It will give me the ability to make the decisions and it should decrease your investment risk.

There will be a max of 4 people per rig (excluding myself). Thus, the minimum investment is 681.25 Euros (about $932 USD) for 1/8 of one rig. I will only accept bitcoin.

Rigs will be located in highly secure Southern California (north orange county) facility. You will be able to visit the facility if you own any of part of any rigs. Facility is designed to host up to 50, 25 MH/s systems without issues. (even more if converted to higher voltage). Electricity is pretty cheap in the winter time, expect management/overhead/electricity cost to be 5-10%.

As for the pre-order process:
I must receive your bitcoins (at bitstamp rate) before I pre-order.
You will have to pay the remaining balance (in BTC) when Alpha-T requests payment a few weeks before they ship

Terms:
Failure to pay remaining balance in a timely manner will result in forfeit of deposit.
Refunds are not possible unless the entire group agrees on a refund which will payout according to Alpha-T.
You can transfer partial ownership of rigs but can only do so once every 2 weeks.
Bitcoin will ONLY be sent to me once a group buy has been fully filled.
Amount of BTC for the deposit or payment will be based on the bitstamp rate at time of transaction.

Payout will be done on a weekly basis (every sunday) I am open to mining any scrypt currencies.

Roughly 1.38 BTC total per slot. 0.39 BTC per slot for the DEPOSIT at current bitstamp price of $687.
Rig #1:
1. iamrichard
2. iamrichard
3. iamrichard
4. iamrichard
5. Taken - Anon #1
6. Taken - Anon #2
7. Taken - Anon #2
8. Taken - Anon #3

Rig #2
1. iamrichard
2. iamrichard
3. iamrichard
4. iamrichard
5.
6.
7.
8.

Post or PM if you have any questions.

If you pre-order, I can show you the facility where its going to be hosted (and where I have a small operation going)
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