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.