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Topic: Group Buy Alpha Technology Viper 25 - page 3. (Read 3945 times)

member
Activity: 94
Merit: 10
January 27, 2014, 04:46:01 PM
#5
I purchased the 25mh/s viper from Alpha Technology on the 10th of Jan. Order #95xx

I'd like to be one of the first ASIC scrypt hashers out there, but here are the risks:
- Alpha has no track record.
- They could deliver late (BFL all over again).
- They could potentially be a scam.

Positive points:
- I am protected for at least 60 days, since I used paypal. Protection expires on March 10th.
- Alpha technology have been active, regularly posting updates. Check: https://alpha-t.net/news/
- Just today, they've posted photos of their offices, and their community manager, Fiaz is active on Litecointalk: http://[Suspicious link removed]/1n8Nuty

If Alpha comes through on time, the upside is huge. But I don't want to risk this alone. So I'm selling 25 shares, and I'm keeping 25. I paid 30% to reserve the viper, so as of now, only 15 shares are available. When Alpha request the remaining 70%, 10 more shares will be available.
 
- 500kh/s for 12 months
- Cost: $250 per share (equivalent in BTC or LTC)
- Payout on the 1st and 15th of every month. $5 payout charge per share.

PM if you want to ask questions about the mining setup, the order, or to get to know me. Thanks.

Current Availability: 15/15


And how did you come to the conclusion that the upside is huge? For $250 i can buy a 500+ kH/s GPU and start mining straight away.

Not to mention you are charging $5 every two weeks for payout. Mining LTC with 500kH/s for two weeks doesnt even clear $60 and you want to reduce it to $55?

Dream on buddy

You are right. There is no way to really know if the upside will be huge. But I did what I can to predict the difficulty in July. I've plotted a trend line over the history of litecoin, and the growth is approx 1.12% a day. The upside would be huge if the difficulty continues to rise at this pace. PM and I can send you the forcasts.
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
January 27, 2014, 04:43:10 PM
#4
Could you give an example of the possible returns the people can get with Each share? How long does it take to break even on the 250 dollars?


I might be interested, as I currently dont have the money for such device myself.
sr. member
Activity: 448
Merit: 250
January 27, 2014, 04:42:32 PM
#3
I purchased the 25mh/s viper from Alpha Technology on the 10th of Jan. Order #95xx

I'd like to be one of the first ASIC scrypt hashers out there, but here are the risks:
- Alpha has no track record.
- They could deliver late (BFL all over again).
- They could potentially be a scam.

Positive points:
- I am protected for at least 60 days, since I used paypal. Protection expires on March 10th.
- Alpha technology have been active, regularly posting updates. Check: https://alpha-t.net/news/
- Just today, they've posted photos of their offices, and their community manager, Fiaz is active on Litecointalk: http://[Suspicious link removed]/1n8Nuty

If Alpha comes through on time, the upside is huge. But I don't want to risk this alone. So I'm selling 25 shares, and I'm keeping 25. I paid 30% to reserve the viper, so as of now, only 15 shares are available. When Alpha request the remaining 70%, 10 more shares will be available.
 
- 500kh/s for 12 months
- Cost: $250 per share (equivalent in BTC or LTC)
- Payout on the 1st and 15th of every month. $5 payout charge per share.

PM if you want to ask questions about the mining setup, the order, or to get to know me. Thanks.

Current Availability: 15/15


And how did you come to the conclusion that the upside is huge? For $250 i can buy a 500+ kH/s GPU and start mining straight away.

Not to mention you are charging $5 every two weeks for payout. Mining LTC with 500kH/s for two weeks doesnt even clear $55 and you want to reduce it to $50?

Dream on buddy
hero member
Activity: 770
Merit: 500
January 27, 2014, 04:38:18 PM
#2
I am sure the Litecoin devs will change the Algorithm to combat this.  
member
Activity: 94
Merit: 10
January 27, 2014, 04:06:46 PM
#1
I purchased the 25mh/s viper from Alpha Technology on the 10th of Jan. Order #95xx

I'd like to be one of the first ASIC scrypt hashers out there, but here are the risks:
- Alpha has no track record.
- They could deliver late (BFL all over again).
- They could potentially be a scam.

Positive points:
- I am protected for at least 60 days, since I used paypal. Protection expires on March 10th.
- Alpha technology have been active, regularly posting updates. Check: https://alpha-t.net/news/
- Just today, they've posted photos of their offices, and their community manager, Fiaz is active on Litecointalk: https://litecointalk.org/index.php?action=profile;u=24384

If Alpha comes through on time, the upside is huge. But I don't want to risk this alone. So I'm selling 25 shares, and I'm keeping 25. I paid 30% to reserve the viper, so as of now, only 15 shares are available. When Alpha request the remaining 70%, 10 more shares will be available.
 
- 500kh/s for 12 months
- Cost: $250 per share (equivalent in BTC or LTC)
- Payout on the 1st and 15th of every month. $5 payout charge per share.

PM if you want to ask questions about the mining setup, the order, or to get to know me. Thanks.

Current Availability: 0/15
SOLD OUT updated March 17th, 2014
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