My name is Michael and i have an order with AMT for 2 1.2Th/s units.
These units were purchased in November 2013. My order number is 596. Over this period i have sent ungodly amounts of emails to AMT. The most recent 2 weeks ago i was told they would reply to me the next day. This is after promising me delivery multiple times until just giving up on communication altogether several months ago. I would appreciate a public update on this situation. Why are you recalling and reissuing items that are faulty when you have orders that have not been filled at all. Would you publicly state when my order is set to deliver or when a refund will be in my account. The lawyers are awfully interested.
Welcome to the misery pit. It looks as if, and this is complete speculation on my part( I don't want my thoughts taken as facts since I have a lack of evidence),that those who received hardware are those who forced the hand of AMT by filing with various regulatory agencies. It appears these units were sent out despiste know system flaws, with the hopes that they were sending out the stock that would actually perform while supplying the agencies with proof of shipment of goods, giving the appearance of a good faith effort to deliver hardware.
If you filed no complaint then no agency was tracking your issue, then you got no hardware. Again these are my thoughts not facts.
If that was the case it was a calculated move on the part of AMT as there were production issues that meant there was no way that delivery was going to be on time for the majority of orders. Some might not call it the morally right move to make, but it was the smart one. Think of it a rowboat with holes it, each hole is a regulatory complaint and miners they sent out were the corks to stop the leaks. It was a stop gap measure plain and simple. This was a way to keep them afloat so they at least had a chance to weather the storm. If not they would have sank before the storm even rolled in.
So here we are, a lawsuit has been filed and we are all part of it, except for those with no "skin in the game" as people keep saying. Tangentially speaking I could give two shits who you are and what you want to post or for what reasons, you won't find me trying to stop you, bury them with the dirt from the hole they dug for themselves, because it's not going to change the outcome at this point. Anyway, the lawsuit is filed and now it's a waiting game. Do they settle ? Do they go to trial? It's a trial by jury so you are only going to have people who really know nothing about Bitcoin. Are they going to understand the pressing nature of the hardware and the timeliness of its delivery? You know there is going to be a grandma who doesn't know what a computer is. You'll have a few people who have dells from 1998 who only have it for "the emails" and a maybe a smattering of tech savvy individuals on the jury. Do you really think they are going to understand the damages suffered in the case? I'm not too confident.
I'd prefer the settlement route. I'll have my new(er) miner from amt hashing away making way less than it should be, but something is honestly better than nothing. Maybe I get some cash from the settlement. Maybe it's enough to buy another miner from another company. AMT said my MPP period has started as of when the hardware shipped (the 4th or 7th of April) so if I haven't mined enough by october 4th to be profitable (which isn't likely barring a large increase in the price of bitcoin) then I'll contact them for their next most powerful miner that could reach profitability (provided they are still operating). Or if they so chose and this is completely their choice they send me enough hashing power now to ensure that I make a profit on my purchase and then they are done with me.
The fact is all of those things are out of my hands. It's why you don't really see me whining about it to much. I know when I've been got, and right now I've been got. It sucks as I'm a disabled vet going through some financial and medical woes at the moment (unrelated to the AMT thing that money came from a completely separate source specifically for mining) so I kind of have more pressing matters to worry about than just this. (It also explains why I have so much time to just sit and watch the forum)
Well I'm going to go ahead and look up my local fedex kinkos and see who is open 24 hours. I'm going to put this bad boy all back together, with the exception the heat sink that fell off. I wish two would have came off then I could have kept them and made a set of cuff links. The camera is coming with me. I'll have pictures of the miner as I packaged it and exactly how left it in the hands of the fedex people ( I'll actually include copies in the return box for AMTs benefit) Then off this goes and hopefully within a week or so I'll have another miner.
