Bitcoin Forum

Hello,

I was planning on ordering a few for myself but I am going to gauge interest on potential group buys for the Alpha Technologies 25 MH/s Litecoin ASICs.
I will be owning 50% of each rig we group buy. It will give me the ability to make the decisions and it should decrease your investment risk.

There will be a max of 4 people per rig (excluding myself). Thus, the minimum investment is 681.25 Euros (about $932 USD) for 1/8 of one rig. I will only accept bitcoin.

Rigs will be located in highly secure Southern California (north orange county) facility. You will be able to visit the facility if you own any of part of any rigs. Facility is designed to host up to 50, 25 MH/s systems without issues. (even more if converted to higher voltage). Electricity is pretty cheap in the winter time, expect management/overhead/electricity cost to be 5-10%.

As for the pre-order process:
I must receive your bitcoins (at bitstamp rate) before I pre-order.
You will have to pay the remaining balance (in BTC) when Alpha-T requests payment a few weeks before they ship

Terms:
Failure to pay remaining balance in a timely manner will result in forfeit of deposit.
Refunds are not possible unless the entire group agrees on a refund which will payout according to Alpha-T.
You can transfer partial ownership of rigs but can only do so once every 2 weeks.
Bitcoin will ONLY be sent to me once a group buy has been fully filled.
Amount of BTC for the deposit or payment will be based on the bitstamp rate at time of transaction.

Payout will be done on a weekly basis (every sunday) I am open to mining any scrypt currencies.

Roughly 1.38 BTC total per slot. 0.39 BTC per slot for the DEPOSIT at current bitstamp price of $687.
Rig #1:
1. iamrichard
2. iamrichard
3. iamrichard
4. iamrichard
5. Taken - Anon #1
6. Taken - Anon #2
7. Taken - Anon #2
8. Taken - Anon #3

Rig #2
1. iamrichard
2. iamrichard
3. iamrichard
4. iamrichard
5.
6.
7.
8.

Post or PM if you have any questions.

If you pre-order, I can show you the facility where its going to be hosted (and where I have a small operation going)

~1.37 btc per slot - is that the deposit? If so, how much would remaining balance be then?

lmao, a groupbuy for a nonexistent asic? https://alpha-t.net/product/viper-scrypt-miner-25mhs/

Sorry I should have been more clear, OP changed.

0.39 per slot for deposit and remaining balance will need to be paid when Alpha-T makes the request (they said a few weeks before shipment)

Its true, there is quite a bit of risk involved. So I urge people to only invest what you can afford to lose ;)

buyer beware then - this just seems like a shady groupbuy for a product noone has heard of, with deposits on pre-orders....

I'd like to invest but I'm reluctant.

Have you run a group buy before?

Will you be multi-pool mining?

Are you insured?


Thanks!

Well alpha-t is brand new but they did produce some designs that seem plausible. Now lets see if they produce a product demonstration!

Its like back in the BFL/Avalon/KNC startup days.

No group buy but I currently run a small alt coin farm and have a bunch pre-orders for other gear ;)

Yes Multi-pool mining can and will be arranged to act as a backup, mine an alternative coin and/or diversify risk.

The miners itself will not be insured (though there might be ways around this if they get damaged somehow). The building, electronic equipment, fires etc will be fully insured.
I am having a hard mount surge protectors installed along with secondary surge protectors (which claim to cover up to $200k USD in damages). Additionally, a short term battery will be routed to specifically to these miners with potential to install a generator should electricity problems arise.

Lastly, internet connection is on fiber and will have a DSL line as redundancy. The entire building has a pretty strong security system conneced directly to the police department which is less than a mile away. Also 24/7 surveillance cameras.

I'm interested. PM me.

please be smart. there are a lot of scams in the forums where companies/individuals claim they have an ASIC or are developing one. The only scrypt asic remotely near reality offers well than 1MH - to claim a 25MH one is close enough to invest your BTC on deposits to pre-order is shady.

there is no proof that:
1) t-alpha is a real company producing a real product (not a 1hr webpage design)
2) IamRichard has any connection to t-alpha, or any sort of "pre-order deposit"

https://alpha-t.net/wp-content/uploads/2013/06/scrypt-asic-miner.png
£1,635
30% Deposit Required: £1635.
Total price: £5450. Remainder will need to be paid 8-10 weeks before shipment, which will include shipping cost to your location. so, whenever they ask you for the other 70% of the pre-order money, you are still 3 months from having hardware
Hashrate: >= 25 Mh/s speed
Power consumption: ~ 600w not happening. there is no info to suggest or support that this chip would be remotely capable of 25Mh/s on less than 600W

Dexeldesigns exists and is a real company, and really recognize to be working with t-alpha (http://www.dexceldesigns.com/news_events.html) so seem trustworthy.

I am having trouble seeing the advantage in doing this groupbuy rather than buying it outright for oneself.  I am always up to invest in something of value but I think I will need some help understanding value in this one.  Anyone?

No need to manage it. Security, access to power, ability to sell your stake quickly and easily. Reduce risk by only buying 1/8th instead of an entire unit. Easy to scale up if you wanted. Plus, its something fun :D

Quite a few people asking if I am willing to mine alternative Scrypt coins and the answer is yes. There will be a tracking and voting system in place.

Rig #1 filled. Taking pre-orders for rig #2

Eeek... feel sorry for anyone participating in this... clearly a scam.

Good luck dealing with all the angry people, OP! 

:-\

Can we buy in when they give us real proofs ?

I'll be in, can you pm me for more details ?

Only 6 month warranty?!

Just don't get this place sometimes. I wish I had that kind of money to burn.

No kidding... and I am sure someone is reading this and coming up with another scam that will be succesful on here...

People are so blinded by potential profits that they can't understand why it is clearly a scam.

25MH/s would generate over $200/day right now, and people think that a company would sell them for $2500?  Great business model... sell ASICs that ROI in 15 days instead of plugging them into a wall.   ::)

I am also interested, but is it just a "send BTC and trust me" thing?  Are you planning to set this up in a legal contract? How are you going to handle disputes? What if they dont deliver? What if it takes them 2 years to finally get it working correctly?

With the history of cryptos and ASIC production, this is a really risky gamble.  I may join up once I hear more, but atm its just too much to loose :(

Jesus Christ this forum is full of suckers... time to make an alt-account and set up a Group Buy for a 10 GH/s Scrypt ASIC (pre-order for only $4995!!!).   ::)

A legal contract will be in place. As for disputes, I make the ultimate decision as I will own 50% of each rig.
Yes "trust me" thing is in place. But you can visit the facility and meet me (southern cali) if you wish.

As for delivery of Alpha-T, it is out of my control. Refunds can be voted on an approved in which the refund will correlate with the amount Alpha-T refunds.

As with any new ASIC, there is risk involved. Hence caution, as you are trusting a brand new company.

Can you troll in another thread. You can't even get your numbers right and look like a complete downer.  ???

Go troll the alpha-t thread.

The only details I have of the ASICs is the same as you... on the alpha-t website.

I am doing a group buy for the units during this phase - The pre order phase.
You can buy in as long as I and alpha-t are both running the pre-orders. If they sell out then I will no longer offer group buys for the pre-orders obviously.

+1

Here's where your buying from

https://maps.google.fr/maps?ll=53.452256%2C-2.219968&cbp=%2C164.53%2C%2C1%2C10.839996&layer=c&panoid=LMPfryFnak8qKHBjQp7P_g&spn=0.18000000000000788%2C0.2999999999999996&output=classic&cbll=53.452256%2C-2.219968

ur missing something here. that 2500 usd you are talking about is the downpayment. The total is 6000 pounds which i guessing is around 9000 usd. Still, I would not buy things like this, EVEN if its real, you would get it in q2/q3 2014, WHO KNOWS what has happened when we get there. Also, yea, have not seen anything to prove these things are real. Not even a crappy youtube vid.

looks pretty legit for a noodlesoup store

Anyone in Manchester willing to pay a visit with a camera?

I am also interested in this.

The company is saying delivery in Q2/Q3 next year so likely to be at least 6 months until delivery. Could even turn into another BFL disaster.

Just curious but does 50% equal a controlling stake. Shouldn't it be 51% or higher ?

so remind me why you are doing a groupbuy? just preorder a system for yourself. mining hosting is only a headache for everyone involved (particularly the participants who are at the mercy of the hoster's decisions/fees and who receive zero compensation for the physical hardware value when the hoster decides the rig has outlived profitability)

my 2c: buy your own hardware and save hassle. and dont pre-order stuff thats months away

I have a new technology that will hash Scrypt at 100 MH/s using only 75W of power.

Send me 0.5 BTC and I will tell you more! :D

Just so everyone knows AMD's GDDR 6 GPU's are scheduled to be out in Q3/4 2014 which will render these ASICs useless. GDDR6 has twice the bandwidth of GDDR5 and not to mention the shader increases in the cards. We will be seeing $500 cards @ 2mh/s each or even more.. at that time. I believe Alpha T's scrypt ASIC is real, but it will be no contest for the GPU's that get released in 2014

obvious scam is obviouuuuuuus!

Between two people, yes. However, this is between 5 people per machine so he has the majority.

I thought about this and lack of news will probably really push back development. We will see once CES arrives next month

*snip*

How sure are you that you can manage to get a preorder in quick enough to be delivered in the first batch?

If you can convince me, I'd like to go in with you on at least half a rig.

Before you guys send bitcoins into the air by speculating if this company exist for real...  send it to me then i can finaly throw away my nvidia gpus  ;)

 ;D

Do you take group-buy orders?

I predict these will ship... in 2015...

 ::)

I've heard of other companies working on similar products as well. I don't recall exactly but I remember reading of one that has a mining software that will know which alt coins to mine for at any given time of the day to maximize the profits. Has anyone else heard of anything like this? I can't find the link I read it on.

Interesting point but how can you reduce your costs to 22 mh / 12k?  ??? Even 20+Mh for 14k is pretty impressive. I guess it must be those connections to suppliers  ;)

1 person dropped out of rig #1 but another just took his place.

We are having someone drop by Alphta-T's location and taking a look :D

Awesome!

Question to the OP. If you are buying 50% shares in 2 of these, why not just buy a 100% share in one of them, and skip all the headaches that go with group buys?

I think a bigger question,  at least from me, would be: How are you going to guarantee the group buy?   I'm going to guess that the miners are going to sell out pretty quick.

Well I am buying a few units for myself but I would like to put my hosting situation to better use :D

I cannot "guarantee" the group buy.

Once payment form everyone has been made, I will place the orders. Ideally, payments should be made before Alpha-t opens pre-orders (to ensure we are at the top of the list)

If pre-orders run out, people will be refunded.

If you are asking if I am willing to "front" money to guarantee slots for people? The answer is no

I have worked at a large Semiconductor Company in ASIC development and marketing. In this industry, schedules given by Sales/Marketing will never be reached. Normal case is around double time from first estimation to have functional ASICs in production. In case Indian R&D is involved, just add another quarter. Today they tell delivery will be Q2/Q3 2014. I can guarantee it will not be delivered until e/o 2014. Be careful with your investments.

So amazing. I don't know what will happen when this machine on market, to the cryptocurrencies based on scrypt

Is this company real or not? thought someone was about to visit that place..

Apparently scamming members on an alt-coin forum gets easier every day.

:facepalm:

iamrichard is no scammer, he is just megarich  ;D

Thank you Altminer, finally a reasonable post in a thread full of baiters and trolls.

The technology is going to come out, sooner rather than later. The 25Mhz miner, if you bothered to read, is just 5 shards of the 5Mhz miner combined into one.

For those of you saying that it would be more profitable for the actual company to produce them and "plug it into the wall", remember that there were quite a few companies during the 1800's gold rush that made more money selling mining equipment to the miners that ran after gold, than the gold miners themselves. Please dont be so short sighted. Get real.

Its not that hard to figure out that one of these days, a startup is going to come along to actually release good, specialized Scrypt mining equipment. And when it does, its going to change the game.

But - I wouldnt invest into something like this just yet.

https://alpha-t.net/wp-content/uploads/2013/12/office.png


Looks like a real solid storefront! What could possibly go wrong?

That picture is issued from their website.

Do we have news on the person who went to check locally?

This.

Also, it's great news. Maybe it means that final_sale_of_noexistent_product_business won't affect scrypt coins.
Hold thumbs for AMD.

That's interesting news.  From my calculations (as crappy as they are), at current hashrates these ASIC's are a win.  But when these new cards come out, Alpha-T is going to have to drop prices big time.  The real win with the ASICS's though is less power consumption.  Those AMD cards are going to pull about 600W most likely, while Alpha-T's 25Mhs beast is less then 600W.  Have to figure in the cost of power.

As for the company itself, I believe it's real.   Everything I've read seems legit.  They're basically putting a ton of FPGA's ( http://www.xilinx.com/products/silicon-devices/fpga/virtex-7/ ) unto boards.  Nothing stopping anyone from contacting Xilinx themselves and buying up some FPGA dev boards, but they're pricey.  :)

and FYI, I have nothing to do with any of those companies, just been following their twitter posts and doing a bit of research.  I'm planning on getting the 5Mhs miner, unless those AMD cards come out before then..

if you check street view there is no match on windows and gutter. so it is suspicious. also no real image of the product.


https://www.google.com/maps/preview#!q=66+Dickenson+Road+Manchester+M14+5HF+England%2C+UK&data=!1m8!1m3!1d3!2d-2.21944!3d53.452304!2m2!1f126.84!2f90!4f75!2m12!1e1!2m7!1sofXS_kQvu4a74dPqVXYfiQ!2e0!5s66+Dickenson+Rd!6f720.5129!8s%2F%2Fgeo0.ggpht.com%2Fcbk%3Fcb_client%3Dmaps_sv.tactile%26output%3Dthumbnail%26thumb%3D2%26panoid%3DofXS_kQvu4a74dPqVXYfiQ%26w%3D203%26h%3D100%26yaw%3D126%26pitch%3D0%26ll%3D53.452304%2C-2.219440!9m1!6sDickenson+Road+%2F+Moon+Grove!5m2!1sofXS_kQvu4a74dPqVXYfiQ!2e0!4m18!2m17!1m16!1s0x487bb22923cfc4af%3A0xde35674152fccd4!3m11!1m3!1d3!2d-2.21944!3d53.452304!2m2!1f126.84!2f90!3m2!1i1745!2i998!4f75!4m2!3d53.4522141!4d-2.2192387&fid=5 (https://www.google.com/maps/preview#!q=66+Dickenson+Road+Manchester+M14+5HF+England%2C+UK&data=!1m8!1m3!1d3!2d-2.21944!3d53.452304!2m2!1f126.84!2f90!4f75!2m12!1e1!2m7!1sofXS_kQvu4a74dPqVXYfiQ!2e0!5s66+Dickenson+Rd!6f720.5129!8s%2F%2Fgeo0.ggpht.com%2Fcbk%3Fcb_client%3Dmaps_sv.tactile%26output%3Dthumbnail%26thumb%3D2%26panoid%3DofXS_kQvu4a74dPqVXYfiQ%26w%3D203%26h%3D100%26yaw%3D126%26pitch%3D0%26ll%3D53.452304%2C-2.219440!9m1!6sDickenson+Road+%2F+Moon+Grove!5m2!1sofXS_kQvu4a74dPqVXYfiQ!2e0!4m18!2m17!1m16!1s0x487bb22923cfc4af%3A0xde35674152fccd4!3m11!1m3!1d3!2d-2.21944!3d53.452304!2m2!1f126.84!2f90!3m2!1i1745!2i998!4f75!4m2!3d53.4522141!4d-2.2192387&fid=5)

Video released of working prototype :)

video of this product

http://www.digikey.com/product-detail/en/EK-K7-KC705-G/122-1831-ND/3681458

Hey guys whats the status on this. I got a lot of google alerts on their product and it seems like they may be accepting pre-orders. Their website is not allowing it but I think if someone called them or emailed them they could arrange a pre-order.

Are these profitable?  How much?

Lol Im local and know the area well so decided to pay them a visit....there was no one there and the office is a dingy shop front...I know that there was a dodgy international college here a while back who ran scams for students for visas etc so could be the same people trying there hand in cryptos?

Maybe these guys will turn out to be legit but something doesnt smell right to me.....

PS I'll be going past in the next few days a few times so will get a snap of the shopfront in its finest glory...the heavy rain over last few days seems to have taken its toll on the guttering :D

That doesn't sound very promising. If it is a scam they really put a lot into it.

They didn't really put a lot into it if it's a scam.  A few posts on twitter, a shop front sign, and a shitty website.  They just announced the pre-orders btw, and as expected, their website is down.  This is probably the third time it's happened.  Doesn't give a whole lot of good feeling....

Also, apparently this was a family business that was an accounting company or something... pretty nice re-branding...

i recently lost hope, that there soon will be scrypt asics. after digging deeper of those 3-5 companys, the all seemed fishy to me.  :'(

pretty sure this is it, just a little bit further down the road: http://goo.gl/maps/wZx8J

The office space indeed looks a bit dodgy but of course this is the "bricks and mortar" portion in the UK...I cant really blame Alpha for not spending a ton of overhead in a high end area to properly register.

The most critical aspect of the development is the technology which is obviously in India. Dexcel certainly appears legit. As already mentioned in this thread, I think it's important to carefully consider the DATA that Alpha and Dexcel have produced to date, two parts in particular 1) proof of concept publication and 2) prototype video.

I am not capable of peer-reviewing Dexcel's concept paper, "Implementation and Analysis of Scrypt Algorithm in FPGA (Proof of concept)" (link below) but for those who have read and understand it, is the physics, math and code feasible? And as for the video, I did not quite understand what the dude was showing on the screenshot. Is anyone familiar enough with hardware to comment on the board and setup?

I guess what I'm getting at is can anyone explain or comment on the feasibility of these two bits of data?  ???

Paper: https://mega.co.nz/#!AtFC3YLY!ZK_DB2kyXsasPHiZlV9uNH1V_cVYAlO908ut_7qR7qY
Video: http://www.youtube.com/watch?v=69P2RHG2pIA

Are there any good threads worth reading about actual Scrypt ASICs?  I read most of the thread from jasinlee (maybe spelled wrong - sorry) about his very amazing experiment with creating a Scrypt FPGA and his findings did not sound very positive to me... then a few months later someone has developed a Scrypt ASIC?  Yeah, sounds like they took this guys information and ran with it to create a scam.  Maybe next year they deliver an ASIC and it is indeed amazing, but no one gets their ROI except this company.  That is reason enough for me to stay far, far away from this.

Good luck to ya all, though.

lol come on, and there should be enough room to run such a "promised" company?

if they just do administrative work there and building the miners in china or wherever it would make sense but.. there must be still some storage room to deliver to the customers or testing the products before delivering..

that "house" on this street is not even big enough to run a bakery  :D

The 64 address is the accounting firm next door owned by the family. 66 is the new Alpha store front also owned by them. The father and the son's share the same first and last names, but different middle names. One son and father are accountants, while the other son is an electrical engineer. The father was born in 1948, hence the guy in the news article you are presenting is NOT him, nor is it one of his sons! Just to get that straight.

I also wonder if their final product (if it comes true) will be an actual ASIC or just an FPGA.

Have to admire these guys, they have done a wonderful job of extracting money from people with more money than sense.

http://www.reddit.com/r/litecoinmining/comments/1uveun/alpha_technologys_scam_team_akram_akram_akram_and/
be carefull

This thread needs a few more pitchforks and torches.

How about that?

lol people fall for this stuff way too much in the crypto world.  ::)

Why are you even buying that shit???
By the time it will be shipped, diff will be so high that scrypt mining will be death at this speeds..
new GPU algo will be popular at that time and this funny ASICS wont be able to mine it..lol

so this is a scam??

nobody knows surely..
I think it is just very high game from devs..
they are risking our money and betting on our low intellingence..
otherwise I dont understand why would anyone put their money into such crap with so uncertain delivery, not cheap at all and not overwhelmingly powerfull..
it could be good if it would be available today in some local shop, but with such long waiting time.. useless.. waste of money..

Wtf are you talking? There are tons of new scrypt coins coming out every day.. your a idiot if you are still mining litecoins these days.. this times are over.

If you want to make money (thats why you're buying mining hardware)  then you stick to new coins and sell it on the best value.

lol, this doesnt matter..
Diff is rising and rising..
only way how to mine some money out of it right now is to be on first on launch, and first on dump.
Few weeks ago litecoin mining was very profitable itself.. right now, it really is on limit wherther it is even profitable in terms of electricity..

problem of this asics is, they will come on market once diff will match electricity cost. there wont be any more margin  from ming..
so new coin will be released using gpu in new way.. and asics will be fucked up

Scrypt ASICs? I expect the Alpha T team have been laughing so much for the last few weeks they have all had heart attacks by now.

Well, I agree with the people above with the new coins and to do with when these come out they will be out dated, I think they will too.

I have read (can't remember where if I find the link I will put here) that GDDR6 is coming out in 2014 and one GPU with GDDR 6 on should be able to hash at about 2M/Hash +/- 10% for the cost of a 280x today, so I might skip on the first ASICs until they bring out a faster ones for the same value (like BFL with the 600G/hash cards for the same value as 100 a year ago) and that will allow me to see if it is a scam or not.

And I can spend my money on more GPUS for the time being XD to make money now to add up to more GPUs to add up to more and more, I could probs turn my 10GPU rig into about a 50 GPU rig and pay for itself a few times over before the ASICs even hit (25+M/hash total for the 50 card rig) which will be the same as the ASIC but pay for itself a lot quicker. The ASIC will probs pay for itself but for now I think GPU mining until they hit will be the best for miners as they can continue to make money and make more before it hits rather than having money tied up into a nearly non-esictent company which never replies to emails.

Just my 2 cents.

IF YOU BELIEVE http://alpha-t.net/ ISNT A SCAM, WELL YOU DESERVE TO BE RIPPED OFF!

The partners site is also part of the scam and isn't a real company as some of you idiots think! http://dexceldesigns.com/news_events.html

Here's another site:  http://www.cardreadertech.com/en/

And a scam LITECOIN POOL : https://www.coinat.com/index

Anyone have a link to this?
Ontopic; to OP did you pre-order two units? i.e. the group buy still ongoing.

Hi this wasn't the 1st link I read it from (I think it was the litecoin ticker on android, the app) but here is another one where a few people like 1/4 down the page mention it. http://www.reddit.com/r/litecoinmining/comments/1uj9ye/amd_mentions_cryptocurrency_mining_at_ces_2014/

I also forgot to add about it won't only be the GDDR6 which will speed it up it will be the 20nm technology they are developing, which will be quicker than the 28nm they are at now.

LOL that facility looking quite secure...

Maybe their is a stuffed Rottweiler behind the door for xtra security?
Stinkys scammers get their degree in IT and think they can rule the world!

Preorders, preorders...

Sell Alpha Technology Viper 16 MH/s Scrypt Miner (Batch 1) PREORDER
https://bitcointalk.org/index.php?topic=605861.msg6684160 (https://bitcointalk.org/index.php?topic=605861.msg6684160)

idk why there is such hate on these guys - they came out earlier on and have given everyone consistent news.  While Im not watching them every single day, I believe they will still deliver.  Anyhow I am hosting a group buy and was shocked to see that this thread sort of died between deliveries of gridseed and zeus and knc.  But I still believe in them.  Offering the remainder of my setup which looks just like this one too - 277 KH per share offering 1200 shares so its low cost to get into.

You believe in them so much you're trying to sell your stake in them?

QFT! ROTFLMAO.

how about hedging your bets by getting a group buy going for a different asic brand I'm not sure I'm sold on alpha but I'm deff interested in a group buy for about 1 btc worth of scrypt mining

I just saw this - FWIW  I wouldn't sell them had I just turned my funds into fiat instead of keeping them as BTC like I had initially done - greed its a hellava drug :)

I've my remainder still and if BTC price does a surge north back to december levels (1000-1100ish) then I should be fine and will call off the groupbuy (refund initial buyers of course). 

I think you are a scammer.

https://bitcointalk.org/index.php?topic=620319.msg6867540

IDK if he is a SCAMMER, but its obvious that Alpha-T is a SCAM!!! :")

True enough.  Here is a direct quote on my refund request via e-mail:
Hello there,

I am very sorry but as per our cancellation policy it has been longer than 5 months since you placed your order therefore you are no longer eligible for a refund.

Best Regards,

Alpha Technology Team

*I paid the up-front 30% in btc and then followed-up with remaining 70% payment (also in BTC) when first called for by alpha-t.

**It's pretty obvious this e-mail is a great big thanks for your bitcoin(s) now piss off sort of response.  Anybody considering alpha-t for scrypt asic's as this point should absolutely look elsewhere at this point.  More than likely I'll be adding an alpha-t bankruptcy filing to my gox, and hashfast filings.  I could almost wall-paper my bedroom wall with the # of these things at this point.  Whoa black betty Scam-ba-lam!

Hi Mates,
I agree Alpha-T are scammer. They stole our Money!!!!

They banned my IP from their Forum and deleted my last post in which I blamed them that they are scammer:
------------------------------------------------
An Error Has Occurred!
Sorry asa7, you are banned from using this forum!
This ban is not set to expire.  
-----------------------------------------------

I am doubting that there is Alpha-T at all or Vipers or production process. They took more than $4-5 Millions from their customers as promised that they will produce so called miner Viper, but actually they are not doing anything except waiting time to pass (this is my guess). Now they are offering to customers 30% refund as they cannot produce any miner and they cannot return remaining money as they already been invested in production process for Vipers. This is BIG possible SCAM. These people need to go to prison.

Here is their e-mail:
--------------------------------------------
Hello,

Whilst you are passed our refund period we are able to refund you your
full 30% deposit as a gesture of goodwill. Please understand this has
been no small undertaking and the vast majority of the funds have now
gone into the production of these devices and to expect anything higher
this late in the process is not realistic as the funds aren't there; it
is simply too late.

If you paid via a bank transfer/bitcoin please provide your bank details
if you agree to this full and final settlement and if you paid via
PayPal simply confirm you agree to this full and final settlement. For
an international bank we will need an IBAN and/or an account number, a
swift code and/or your banks address, your account name and address.
Please try to provide all or as much of this information as possible in
case we run into any issues to save us from having to email again to ask
for it. For a UK bank we will only need your account number, sort code,
your account name and address.

Regards,

Alpha Technology

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Here is my reply:
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You are SCAMMER,

Now I am looking for good lawyer. You cannot steal so easy money for all customers. Even you do not make effort to reply to me and you sent this automatic generated massage.

I paid £1385 and I do not care that you spent the money for production as I doubt that you are producing anything, so you have 1 week to the end of Q3 to deliver the viper if not then I request full refund or you are going to lawsuit.
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I cannot go alone against them as they have our money ($4-5 Millions) and can buy very good lawyers, but if we all customers go together then they will go in prison and return great part of our money. Soon Q3 will pass the time frame which Alpha gave to deliver their miners, so we need to take action after this. Any ideas are welcome!