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Topic: New Official AMT Thread - page 74. (Read 149472 times)

hero member
Activity: 532
Merit: 500
June 01, 2014, 06:18:51 PM
We've already stated the legal implications we run into every time we write anything on this forum. We mentioned that we'd keep it to a technical discussion only to try and resolve the problems with the existing boards. There was an issue as to "if we can provide clients with source files.. bla bla bla" which we've just about taken care of. We've started production of new a1 miners based on our licensed technobit boards with local and foreign manufacturers, and our own boards as well, and production for script miners and other solutions. Everyone will be attended to and everyone will have rectification for these delays which we HAVE taken responsibility for on several occasions.

Guys calm down, stop ranting, we've been moving the office to other side of the city over the last few days as we said before. We know you want instant gratification to this problem but it takes time because of the legal actions that have occurred. Things we can and can't do, etc.

For what it is worth, I can confirm this statement.

Just checking-in, to let you know I am still alive and assisting some with solutions. Where I can.

I have been sent the legal-paperwork, needed to continue assisting. Now I just need some time to work-out more solid solutions on my end.

Getting more money soon, so for those who need it, I can start making the custom cases and air-flow mods soon. That wouldn't be possible if AMT had not done what they have done. They are doing all they can, to rectify this, from my perspective. (I may just have a better view of the situation, but it gets better-looking each day. Unfortunately, there is no-more I can say beyond that.)

I now also can confirm. A couple of nights ago I got read in to the situation. While I can totally get the perspective people have that its all words, there is quite a bit more going on. I am assisting with some operational aspects that falls under my particular area of expertise. The ultimate goal is that this will benefit all of those that got boned in this situation. I had a VERY long chat with Josh on this matter, and they do want to rectify this. THat being said, AMT out of all the others is the only one making an effort to rectify this. I got a VERY clear idea of what is going on and am taking a very active part in shaping the new product as is ISAWHIM and others read in...due to the legal aspect and competitive crap going on it's better to know when it's launched. As it is they have the pending lawsuit, which we all know about, makes it a massive pain in the ass to discuss anything openly. As it is few if any companies ever discuss future plans because A: Competitors steal and implement it (usually poorly) and B: breaks contracts that may be with other partners in the mix.

But the plans are sound and we are working at it. I am largley working independently, but the new things coming are solid. And will resolve some of the issues we have been having. I will give them at least that much credit they are doing their absolute best which right now with the communications issues on the legal side makes it tough for them to just speak out.

I had none of this info when I spoke out the other day. I have all the details now and there are now community members in the mix to make this better for all of us. Not alot of other vendors can really say that.
hero member
Activity: 504
Merit: 500
June 01, 2014, 04:23:50 PM
We've already stated the legal implications we run into every time we write anything on this forum. We mentioned that we'd keep it to a technical discussion only to try and resolve the problems with the existing boards. There was an issue as to "if we can provide clients with source files.. bla bla bla" which we've just about taken care of. We've started production of new a1 miners based on our licensed technobit boards with local and foreign manufacturers, and our own boards as well, and production for script miners and other solutions. Everyone will be attended to and everyone will have rectification for these delays which we HAVE taken responsibility for on several occasions.

Guys calm down, stop ranting, we've been moving the office to other side of the city over the last few days as we said before. We know you want instant gratification to this problem but it takes time because of the legal actions that have occurred. Things we can and can't do, etc.

For what it is worth, I can confirm this statement.

Just checking-in, to let you know I am still alive and assisting some with solutions. Where I can.

I have been sent the legal-paperwork, needed to continue assisting. Now I just need some time to work-out more solid solutions on my end.

Getting more money soon, so for those who need it, I can start making the custom cases and air-flow mods soon. That wouldn't be possible if AMT had not done what they have done. They are doing all they can, to rectify this, from my perspective. (I may just have a better view of the situation, but it gets better-looking each day. Unfortunately, there is no-more I can say beyond that.)
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
June 01, 2014, 09:01:13 AM
If anyone has information on where these guys are operating next please let me know. I am going to inform the local police I am coming there for a face to face with these guys.  I am a member of the police network and I want to make sure all businesses and police know about the money they took from hard working people as themselves and veterans like myself. I aslo want to hand out literature at their new location to everyone in a 5 mile radius telling my story about getting scammed. It's going to take a lot of compensation to stop me, everyone should get all their money back, lost bitcoin revenue since 2013 and also compensation for dealing with all this.

Ask their lawyers White and Williams as to what the address is.

How is it even legal that they sell $6,000 equipment to people with a lifetime warranty and then change address without telling anybody about that said address?
hero member
Activity: 854
Merit: 500
Just a regular guy who likes his fiber.
June 01, 2014, 02:23:14 AM
Lol, now they are seeing what it's like when their customers get really shitty with them.

Looks like if I got working mining hardware yesterday it would take at least 3.2TH to break even in 6 months. Then I would be able to mine for like 3 more weeks and make like 4 bucks.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
May 31, 2014, 04:57:23 PM


Or you could use this: Retroactive BTC Mining Calculator
That is too damn cool! To date my 2 lil'10gh Jala's I got in early Feb. (at nutzy-cukoo high price compared to current hardware)  through TigerDirect are 3/4 paid off,  Shocked I know my Ant pharm is right on track.
legendary
Activity: 3234
Merit: 1220
May 31, 2014, 04:40:57 PM
Ok I got permission from the owner of the spreadsheet. Und3rd0g gets credit altho he also derived this from bitmain's version. Pretty impressive IMO.
 

+1 - Glad to help where I can.  I hope folks find this useful.  As noted, the original was put together by BITMAIN and significantly enhanced over time.  If anyone has questions as to how to operate/update, feel free to PM me.  

Or you could use this: Retroactive BTC Mining Calculator

newbie
Activity: 37
Merit: 0
May 31, 2014, 02:49:06 PM
I might be interested in getting the chips, but I want more than just 50.  AMT sells 50 chips for $4,300 and 75 for $6,450. (http://advancedminers.com/bitcoin-mining-hardware/coin-craft-a1-chip/)
Why would I take such a big hit?  I paid a little over $6,000 for the miner.

Give me 96 chips, the extras for such a long delay, so I can have Technobit assemble them for me with their boards.  This will be roughly an extra $3,600 cost for me, not to mention all the accessories included.  I think that is a very fair deal given the circumstances.



If I really could have a fully assembled, tested and working 1.2Th miner within 7 days though I would probably just choose that option.

We can just send you technobit boards anyway since we're producing them now anyway. What's your order number.

AMT I tried to reach out to you about this.  Is this still a deal?
newbie
Activity: 37
Merit: 0
May 31, 2014, 02:16:12 PM
So still nothing from AMT?  They even offered to send me the "kit" but then never responded.
full member
Activity: 231
Merit: 100
May 30, 2014, 10:07:35 PM
Ok I got permission from the owner of the spreadsheet. Und3rd0g gets credit altho he also derived this from bitmain's version. Pretty impressive IMO.
 

+1 - Glad to help where I can.  I hope folks find this useful.  As noted, the original was put together by BITMAIN and significantly enhanced over time.  If anyone has questions as to how to operate/update, feel free to PM me. 
hero member
Activity: 532
Merit: 500
May 30, 2014, 09:18:01 PM
Ok I got permission from the owner of the spreadsheet. Und3rd0g gets credit altho he also derived this from bitmain's version. Pretty impressive IMO.
 
https://mega.co.nz/#!ZZwEXbIR!C8VXHlSKJOWjHzZ3rEO8MQsWThkAwMsuw_XrOrCoIfQ

For accurate historical data go to
http://bitcoincharts.com/charts/bitstampUSD#rg180ztgMzm1g10zm2g25zv

Load raw data:

And copy the Closing Price into Exchange Rate column to get the accurate picture.

The spreadsheet will sum up that column correctly

Useful for a variety of reasons. Calculating ROI for starters but for tax purposes as well for the US crowd.
hero member
Activity: 532
Merit: 500
May 30, 2014, 04:38:21 PM

How about a mineral oil cooled server case with modular slots. Possible or no?

These will only and ONLY work with a viable design. Considering the experience we have already with the existing cooling (meaning dead spots and fried cards), what can we expect with this hardware that would make it better than previous implementations? There are alot of pieces to that.

This will take a considerable amount of proper engineering effort that has not been shown before....what has changed that would make a mineral cooled system viable here? Or even workable? You want to blow the competition out of the water, you need to start by rebuilding your reputation with those who you have wronged. SHOW us you mean all these words....THEN show off the product.....EVEN if the court surprisingly rules in your favor, the court of public opinion will ensure you don't get that chance to make anything else until you make things right. I am not a religious person but Karma applies here in a big way.

Hell if you can pull something off a prototype that works with mineral cooling I will take back all the things I said, I am man enough to admit when I am wrong. But so far with everything happening it's hard to think I am. Its just more words. If you have a prototype show us. Why ask us if mineral cooling is an option? Everyone knows its a viable path. Noone has implemented it yet in miners. Show us something workable. I don't want to wait a year for it. I wanted to be hashing 3 months ago. We all did. And still just want working hardware. 
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
May 30, 2014, 02:51:48 PM
Not counting all the lost bitcoin revenues, it would have to be the equivalent of an SP30 which it 6Th/s for the hardware part of the compensation.  That SP30 is actually only $5,000.  So put another $1,000 check inside too to make up the difference.

+1
hero member
Activity: 532
Merit: 500
May 30, 2014, 02:27:52 PM
I just got the following deleted by AMT:

And if you think the market is too competitive at this point, we'll just have to think of new creative ideas to trump the competitors.

You've done an excellent job of taking pre-order money and delivering nothing. I suggest you continue in the same business. Offer some Scrypt miners for sale, rake in a ton of sales, and then fail to deliver them.

What are they even thinking?  'trump the competitors'?  

Customers expect one of two things at the minimum:

(1) $6,000 refund
(2) 6 TH/s of working hardware


In other words, AMT does not intend to provide either a $6,000 refund or 6 TH/s worth of working hardware.

So if it is not 6 TH/s,  then is 3 TH/s what AMT intends?

Don't tell me that they think folks will settle with 1.2 TH/s?

I ran a calculation with a spreadsheet I was given by a very generous forum member who wants to help (I am going to ask his permission to redistribute). It covers our exact losses for the miners since the time we were expected to get them. If you placed an order...count 3 weeks from that time (as that is what they originally stated) or to be on the written side of things 6 weeks. I actually saw a -%24 ROI on my hardware over the last 2.5 months.....IF it were running. I would have actually broken even at the end the year. This is based on difficulty going up and projected bitcoin average. But in this case I based it on the current and historical prices. If I get permission I will respost it for others to use as its not my work to repost.
hero member
Activity: 532
Merit: 500
May 30, 2014, 02:21:03 PM

How about a mineral oil cooled server case with modular slots. Possible or no?

Better than the lava you're using now. Me thinketh him grasping at straws, now. The only thing left is more promises... cross my Bulgarian heart, hope to die, stick a finger in my eye.

It's obvious that Joshua is taking things very personal by deleting posts, regardless of the legal implications or how it will look in the future.

That said, we should all move this to a user moderated thread.

Control needs to be taken away from Joshua in relations to this thread. They aren't offering anything tangible here, so what's the point of letting them micro manage all the posts?


Doesn't matter. the site is already mirrored at http://bitcointa.lk. Even deleted here they get saved.....I really had hoped AMT would turn the corner but the consistent lack of communication ESPECIALLY when we were trying to help them is insulting. If they are going to blow the competition out of the water they will need to prove it by action. We have heard alot of this talk before. Talk is cheap at this point.

This is what happens when you snub your community....I really do get the problems you guys (AMT) are dealing with....BUT you compound them by snubbing the people who are trying to help. I made it clear that there were various options to contact me in the email I sent you back this morning. Hell you have my cell number I am easy to reach....we all gave our contact info when we ordered. I was willing to help on alot of levels and did for a while. But those of us who were working on the technical stuff were getting nowhere without the info we needed to figure this all out. And we were working for free. Each of us in own right charge high for fortune 500s to do what we do. You were getting that experience free and essentially dismissed it. That is one of many issues here. The LEAST you can do is communicate with us regularly so we can help resolve some these issues for all of our mutual benefit.

If your legal counsel advised you not to work with us, then OK that would have been good to know too. Some of us can be understanding about that sort of thing. How can we be blamed when you drop the ball on communication.....noone likes to be ignored. And on top of all the other things......I think  you get the gist of things. You need to be able to see it from our point of view to understand the anger and resentment here. Most of us feel we are being cheated out. We have no information or expectation on what is going on. If the legal eagles can put their heads together and maybe allow you to put some kind of formal announcement together that would be a good start to climbing out of this hole. But for once make good on your word at least with the court backing whatever settlement happens, it will not be an option. 
hero member
Activity: 686
Merit: 500
FUN > ROI
May 30, 2014, 01:55:08 PM
where [...] deleted posts safely reside.
Wouldn't the .lk site have them anyway?  They have every deleted post (clean-up) from my stickminers thread , can't imagine it being much different for this one.  Formatting tends to be lost, though.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
May 30, 2014, 12:08:55 PM

 There was an issue as to "if we can provide clients with source files.. bla bla bla" which we've just about taken care of.

Still not sure how to respond to that.
If it pertains to those few of us here with considerable professional technical expertise in our areas trying to help you salvage your 'hundreds' of AMT/Bitmine boards produced so far, for Gratis no less, then you've just lost at least one. Just for your reference when it comes to finding someone qualified to do what you need I am billed at >$200/hr when on the clock and our customers are very happy with that. Knowing that continuing any further entails detailed info on the systems it was obvious the Powers That Be who own rights to that IP would require an NDA so I brought it up along with other things pertaining to keeping things as AMT eyes-only if need be.

All just to maybe shine a little light into that dark hole you've dug and let you get *something* out there as a start. Given the serious need for outside help there is no reason your side needs over a week to come up with a NDA to present to us. Not even any PM's regarding it like, "We're looking into it with ".

Are you really as bad as this? https://www.youtube.com/watch?v=BKorP55Aqvg It's Marketing vs Engineer. At one time I got the point but still thought ' It can't be THAT bad...'. Not so sure now.

On liquid cooling, very doable but Frictionless nailed it perfectly. If 'your people' or Bitmine are involved in it - fuggitabuttit.
I will give you one last free tech tip though: research materials compatibility thoroughly.
-Cheers!
sr. member
Activity: 364
Merit: 250
May 30, 2014, 11:52:39 AM

How about a mineral oil cooled server case with modular slots. Possible or no?

It's very possible, but we need something to put inside of it first.

+1

I couldn't have said it better.

Seems they couldn't delete that post because I quoted them. hmmm....
sr. member
Activity: 364
Merit: 250
May 30, 2014, 11:50:59 AM
We've already stated the legal implications we run into every time we write anything on this forum. We mentioned that we'd keep it to a technical discussion only to try and resolve the problems with the existing boards. There was an issue as to "if we can provide clients with source files.. bla bla bla" which we've just about taken care of. We've started production of new a1 miners based on our licensed technobit boards with local and foreign manufacturers, and our own boards as well, and production for script miners and other solutions. Everyone will be attended to and everyone will have rectification for these delays which we HAVE taken responsibility for on several occasions.

Guys calm down, stop ranting, we've been moving the office to other side of the city over the last few days as we said before. We know you want instant gratification to this problem but it takes time because of the legal actions that have occurred. Things we can and can't do, etc.

And if you think the market is too competitive at this point, we'll just have to think of new creative ideas to trump the competitors. Lets get back to technical discussions, it helps believe it or not.







A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.


Quote

We all realize that talking about technical support on these inherently flawed miners is a waste of time. It's a bad design, you don't keep building a house if it is built on a bad foundation. At some point you just need to move out of that house, and go buy another. That time has already come for most of us, moving on to put our efforts and our employees efforts on other companies like Spondoolies or A2 Miners.  I am up to 13 hosted Spondoolies now Smiley There are many of us on this forum who bought AMT that have incredible resources that could have helped you in building a successful company. It seems almost from Day 1 you started talking bad about your clients, you told everyone on the public forum that a client talked bad about you and that is why you only had only a very few orders. That was when the unprofessionalism all started, it started with YOU, take responsibility for driving your own business into the ground.

Now, I would talk about technical support, but I have nothing but this flawed piece of hardware. If I had something with a correct and functional design, I would be able to talk about technical issues.
sr. member
Activity: 630
Merit: 253
May 30, 2014, 11:42:57 AM

How about a mineral oil cooled server case with modular slots. Possible or no?

It's very possible, but we need something to put inside of it first.

+1

I couldn't have said it better.
sr. member
Activity: 364
Merit: 250
May 30, 2014, 10:52:27 AM

How about a mineral oil cooled server case with modular slots. Possible or no?

It's very possible, but we need something to put inside of it first.
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