Topic: Official Thread: AMT - page 98. (Read 678353 times)

This thread is shrinking. My guess is that means Phin is either being made to delete his post, or he is deleting them himself based on what he saw at AMT.

"If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable."

From investopedia:

Definition of 'Profit'

A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.

Yes it is marketing, and if they don't honor it then it's false advertising http://definitions.uslegal.com/f/false-advertising/ . It is a crime to falsely advertise, http://www.ftc.gov/news-events/media-resources/truth-advertising .

See, words have meanings. Especially words in the context of business. Now what that says is that your machine will be profitable or they will upgrade the machine until you have a machine that will be profitable within a 6 month time period of estimated shipping.

We didn't write it they did. And it's important to hold them accountable to their word. And if they won't hold themselves accountable, there are other parties who will. But perhaps I'm just being impolite.

"If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable."

From investopedia:

Definition of 'Profit'

A financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.

Yes it is marketing, and if they don't honor it then it's false advertising http://definitions.uslegal.com/f/false-advertising/ . It is a crime to falsely advertise, http://www.ftc.gov/news-events/media-resources/truth-advertising .

See, words have meanings. Especially words in the context of business. Now what that says is that your machine will be profitable or they will upgrade the machine until you have a machine that will be profitable within a 6 month time period of estimated shipping.

We didn't write it they did. And it's important to hold them accountable to their word. And if they won't hold themselves accountable, there are other parties who will. But perhaps I'm just being impolite.

The ROI is BS out directly from them. It's just marketing because others were doing it. If you get $1 from it you have your ROI.. it does state you'll get profit. just a return on investment, or in other word you got $1 back for your $6K

If this was all raw components, at the current past-due state of my order... This is what I would expect.

2x back-planes, 2x RaspberyPi's, 2x LCD-Displays, 2x PSU's that could run 5 boards each, 10x hashing-boards, and the custom wires to connect things.
(I have network-cables, standard USB cables with mini-connections and such.)

Removed from the shipping, would be the following...
Tower cases
Cooling Fans
Mounting Racks
Mounting Screws/hardware
Assembly-labor

Thus, a full "stripped-down" DIY kit. With compensation for the dually-promised missed shipping dates, MPP, removed components and assembly.

My review was focused on the hardware anyways, not the assembled unit. (Which I would have also disassembled to taste, anyways.)

My order is #968 December 10th
(Promised shipped by FEB, MAR, and now APR.)

I accept that the unit will not be held to any "assembly warranty", but do still expect the rest of the "manufacturing warranty". I will consider the MPP and compensated hardware, as part of that "manufacturing warranty" coverage also. With 5x boards running as 1.2THs in turbo, and the promised 1.5THs for the original late shipment, I feel the 10x boards, which would run at only 2.0THs in non-turbo mode, would place this order in fair standing.

However, If this is not agreeable, I will wait longer for that upgraded 2.4THs "next unit-size up", with the newly designed boards, or standard compensation at the time of the actual shipment of my miner.

Consider this my signed agreement.
Jason DAngelo (Forum member: ISAWHIM)
www.isawhim.com (isawhim at gmail dot com)
P.S. You can contact me through e-mail or through the forums PM system.

Either in the hospital... Having something extracted...
Or enjoying the scenic view of the riverbed... With his new cement shoes...
Or doing a porno... Titled, "Two dicks, one bowl, and a side of pineapple."...

JK, I am sure he is busy shooting the shit with them. (Not sure if a pun was intended there.)

...And where the hell is Bruno?

As bad as they've been to paying customers, they were good to me. I'm very upset with them for NOT following through on their word to you guys, who actually paid for your units. I hope that nobody bought based on me getting a review unit, because of that.

But I can't in good conscience ask for a replacement for a piece of equipment I got out of line, and free. I got some good use out of it, I had fun doing it. I'm ok with that. And I might get to learn how to do DIY SMT solder work as well. I used to do very fine solder work back when that meant like .05 mm through the board. I've never done SMT, it looks interesting.

Before AMT even considers my existence again, they need to make all of their PAID customers whole. Anything else is unacceptable.

...And where the hell is Bruno?

...And where the hell is Bruno?

That is a manufacturing issue, of the components, and if they allow it, they should at-least give you a replacement board for a decent price. That, or fix it for free. I realize it was free, but it is an after-market component, which I am sure they would be able to get coverage for, from the people they obtained it from. Minus the cost of shipping.

You, Loshia, and Puppet. Live and learn. Blew two caps, and according to some experts, probably a power regulator and a transistor that don't appear damaged. The ASICs are apparently unharmed, as is most of the board. I've never done rework on a SMT board. I might try, though. I miss my 1/2 miner

I told ya it was too hot for them in that tiny, poorly ventilated case.  Sucks to hear yours blew.  sounds like what happened when i first got mine.