Topic: Official Thread: AMT - page 296. (Read 678353 times)

All I'm asking from AMT is to PLEASE send out an update to all the people who purchased back in Oct.   Our due dates for pick-up are Dec 16th (Monday!).  They should NOT be wasting time on this forum dealing with trolls.  In fact if they just sent the paying customers an update, all of us customers would be able to disprove the trolls.  Currently, AMT left me in the dark.  And I don't want them to respond to me here.  I hope they'll answer one of my voicemails or emails I left with them requesting an update.  I hope they'll behave professionally and contact me via the outlets provided on their official website.
 

The only thing reassuring on this forum is that AMT still exists and they haven't closed shop and left with my money.  Before coming across this forum (just this week!), I was totally freaking out when none of my communications were being returned since Thanksgiving!

Some good comments here ISAWHIM.

It's also worth noting that current chip tech fab is 22nm (introduced April 2012, actual mass production coming later) and Intel has market lead on those compared to any other chip fab, these shrinks take a few years for fabs to size / retool to production, 14nm will coming middle of 2014 but Intel will likely have 6 months to 1 year lead on everyone else. Searching the web you'll see 28nm for ASIC production is bleeding edge, so if they are delayed a little - don't be too surprised. Going from 65/55nm to 28nm is a large leap forwards for current ASIC production and it's not going to jump too rapidly further unless there's massive demand, market cap and demand increase of bitcoin producing h/w, so much so that reaches something ridiculous that this demand pushes chip fabs to spend millions/billions is retooling for better than 28nm...someone from chip fabrication could chime in here and clarify further or correct the information stated, which was gathered based on simple web searching and my tech background. What's likely true is that existing ASIC chip fabs are using some production % to produce these mining chips and unless demand is high expect delays as profit/production model establishes itself.

There's folks making more in trading recently due to rise and variability of trading against other currencies, so I don't think there's that much growing demand for mining h/w, plus the rapid difficulty rises and new startups trying establish a profitable business model is making it difficult to get hold of equipment. I hope things stabilize, but more so actual bitcoin trading volumes increase so that mining not just for bitcoins which is going down but rewards for trades actually means something useful versus the power being consumed. The rewards for mining from trades seems pretty much small to nothing, which is really disappointing, it would be good if these actually get published and tracked, anonymously ofcource like the number bitcoins being found.

Just for the record, the "old chips", which you can buy easily in bulk (assembled in to prefab PCIe cards by the thousands), only cost about $12,000 per 1.2Ths. (That is the OLD chips, which draw nearly 1200w).

It makes sense that the new chips, which are not that new actually, are selling for nearly half. (Which is obviously a "early buyer" promotion. I am sure these will quickly rise to $12,000 once they begin rolling-out to "small consumers", while remaining about $6,000 to bulk-buyers.)

But they do lack customer-service for "small purchases". They are obviously inundated with millions of time-killing questions from people who don't even have actual money to pay for the item. Just as BFL had to deal with. They are not selling customer service, they are selling machines. Either you have the money to buy it, and buy it, or you don't, and are just wasting their time, and ours. (That is only to the trollers.)

By the way, there are few people who are in the forums who purchased BFL's 1.5Ths miners, and few who purchase the other 1.2Ths modules which stack by the dozens into cages. Those are big businesses, the ones selling cloud-mining services and who own the majority of the 7000+Th on the network now. Be glad that they are willing to sell such small quantities to us, at these prices, or they will eventually take that away from us too. Not selling unless we buy 10+ 1.2 THs machines at once.

Nothing is stopping you from buying the old crap at 60-100Ghs for $6000, which is still abundant and people are eager to get rid of.

Link, for those who don't mind paying 2x for old technology now... In bulk... (Which is a 3-month preorder too. Just for the record.)
http://virtualminingcorp.com/shop1/index.php?id_product=23&controller=product#/fh_exp_case_16_pcie_slots-no_expansion_case/fh_256ghs_module_a-1_280th_1_200_watts/fh_256ghs_expansion_a-no_256gh_s_expansion_modules

All units, by almost every company, are build-on-demand. It would kill them to pre-build, and stock items on the shelf that can't sell 3 months later. Perfect example is all the USB-stick miners. 800% loss for those. (If someone has something on the shelf, it is an item that was purchased and later canceled, or just real old and expensive to buy, with little or no ROI. Miners no longer determine market price. The best they could do was $180/BTC. This is now a buyers/sellers market, not a miners market. Honestly, you want a better ROI, buy bitcoins directly, every time they drop, or are lower then 20%-50% of the peak.)

Do not worry, as soon as my unit arrives, I will be giving a detailed review and hosting plenty of information for those who like to read about history.

If everyone is so concerned with their business model and their price points, I would suggest they start their own business.  Since most people can only complain and theorize about business practices, I would suggest they leave business comments to people who actually have a business. 

your comment is patently false. read the thread then come back and post. i actually feel for AMT and understand why they try to stay off this thread as much as possible. if they tried to answer every yokel that read 1 page and then started blasting them i'd lose it too.

i spoke with jim via email.

Investigating further I'm more convinced something is not right here. Their top of the line unit cost 5$/GH. Bitmint sell their chip at 4.5$/ GH if you order in big quantity.

Even if they managed to get a good deals on the chips the margin is not there to build the pcb, case, cooling, etc and make a profit.

The description on the site says otherwise:

Product Description

Plug & Play Bitcoin Miner

520 GH/s nominal performance ( + / – 10% )

Included accessories: USB Cable and Power Cord
Chip: Asic 28nm
Weight: 6 lb.
Dimensions: 10.50 x 12 x 16 high

Warranty: This unit come with a lifetime warranty.

Total maximum power usage in turbo mode: 240w
Product specifications may differ from  (+/- 10% running variance)


So 28nm and 240W for 520 GH/s that's clearly not the bitfury chip. The pricing does not make any sense from a business point.

So we have an american company that only take payment with bitcoin or wire to a bulgarian bank account and that claims to have shipped miners but nobody has confirmed to ever receive one...

Nothing make sense here

Does this delay mean they are going to follow through with their Miner Protection Plan?

Hello AMT,
Any chance of catch-up shipments before Christmas or New Years?

That's reassuring to hear that they told you that today.  How did they contact you? email? phone?  At least they took the trouble to contact you!

I wish they would lemme know if the Dec 16th date is a go.  Especially since I paid back in Oct.   

The A1 chips have been delayed tell Jan or Feb. So that's probably why

AMT has been exceptionally rude to me when responding to a simple query regarding the status of my order. This doesn't speak well for them, nor does it speak well for how they conduct business in general. That paired with the lack of proof of any devices being shipped, I really don't see how you can consider them being the "best option" right now.

I really would love to end up with my foot in my mouth on this one, but AMT is seeming to be EXACTLY like BFL was back when their first generation ASICs shipped. Should I receive my overdue shipping notification any time soon, I'll definitely retract my statement, but until then... AMT is out of the question, for now.

I recently sold all my BE's since I could actually make some money on them. I've got that money plus some bonus money from work and trading.

But because of the number of scams that I have seen and my own interactions with BFL, I have been  hesitant on pulling the trigger in buying anything new, even though I want to.

That being said, AMT so far seems to be the best option on my placing an order.

As someone who has worked in customer service now for over 20 years, the interactions with potential and current customers is where most of the companies seem to be having problems. Working in the tech industry, most techie types do not have the people skills in dealing with customers and when challenged do exactly what has happened here.

AMT would do well to hire a front facing individual to be the go between.

If 1.2TH AMT miner is based on Bitmine chips, it will be delayed as Bitcmine A1 chips are delayed three weeks.
http://bitmine.ch/?p=4192

if someone who follows this thread receives a miner im certain he/she would mention it. there is but a small percentage of people in this world who actually use this site. i'm not surprised really we have heard nothing as of yet.

I am still following this tread and waiting to see if somebody comes with the good news. I also ordered the 1.2th, however still did not pay the invoice. If all those miners are send out for delivery, we will hear something about it.....don't we???

Nov. 11th was order date.

What was your order date