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1541  Bitcoin / Hardware / Re: Official Thread: AMT on: February 11, 2014, 06:40:40 PM
If AMT_Miners actually posted that crap about expedited shipping and discounts for 'fighting trolls' - then that is truly sad.

Every aspect of this company seems shady; from their website, updates, and especially posts in this thread. I find it ridiculous that more people aren't questioning their legitamacy.

But by all means, if you want to continue being overly optimistic and hope to get your orders in the end - feel free. A few of us here are raising concerns that are, and should be, obvious to everyone.

I don't believe AMT_Miners when he says all 3 employees login and respond here. I believe that to be an outright lie. All signs point to whomever is posting, is the same person - and I believe that person is none other than Josh Zipkin.

Not sure who in their right mind would order with them moving forward. Hopefully all of us pre-orders get what was promised to us in a timely fashion.

AMT_Miners: Prove me wrong though. Post photos of all the chips you've received or some of the 1.2TH Miners that have been built thus far.

How about pictures of all the computer cases your company has ordered, or the manufacturing line?

Can you provide us with any of that? I appreciate you telling me to "piss off" but you already have my money.
1542  Bitcoin / Hardware / Re: Official Thread: AMT on: February 11, 2014, 06:39:25 AM
Just curious, but does anyone know WHO AMT_Miners is: and what their connection to AMT is?
I ask, because this person seems to act like they have direct knowledge of everything happening at AMT : as well as some personal stake in AMT's success. Doesn't sound like some part time person they hired to deal with customer service/the forums PR.

I'm curious who we're talking to here. I'm really trying hard to believe it isn't this guy "Joshua Zipkin" especially after his reaction to this post on page 37, about his personal information.

Congrats, you figured out one of the guys that works in our office. Amazing job! you obviously have no fucking life. Also non of those domains are associated with Joshua, stop making shit up at this point. Do a simple whois check.

Keep it up, post more info about  Alex Singer, or Jake Cohen, or Jim Brown.. Get our Socials and phone numbers and come visit our houses you fucking stalkers.

And come see us in person. It'll never stop us from shipping miners you tard.

Amazing detective work for sure guy.. Give me your address so I can give you a donation.

Invading the personal privacy of our employees is crossing the line.

Besides this post being completely unprofessional - it comes off as very defensive.

AMT_Miners: Are you Joshua Zipkin? If not, what is Joshua Zipkin's position with AMT and his stake in the company? I was under the impression that he was the CEO/Founder.

Can you clear this up for me?

Thanks,
1543  Bitcoin / Hardware / Re: Official Thread: AMT on: February 11, 2014, 06:31:30 AM
One of the more technically oriented and knowledgeable members of this thread said something smart over the phone once, its that he understands these products need to be tested and regulated, modified and altered before we take it market. Because taking a bad product market will effect our client's trust in our company and be the ultimate demise of the business in due time. That still, no one has gotten it right and everyone came in later than expected. If we get it right, but are late, at least we're still on track.

On track with being late to fulfill orders, you mean?

I was under the impression that we purchased these miners to be built and delivered by a certain date/timeline?

Sounds like you are going to be missing your projected deliveries and will have to submit to refunds for those who do not choose to 'ride it out' and wait for AMT.
1544  Bitcoin / Hardware / Re: Official Thread: AMT on: February 09, 2014, 06:09:10 PM
Wow I hadn't logged on in a while.

So I just PMed eightcylinders.

We are definitely interested in trading spots if AMT will use this as a way to get us our refund.

So is AMT essentially saying once eightcylinders pays for the spot, they'll cut us a check?


Edit: Wow just noticed I have ~ 4 PMs of offers to buy as well.

Update us on what course of action you take and if/when it finally gets resolved.
1545  Bitcoin / Hardware / Re: Official Thread: AMT on: February 08, 2014, 06:22:39 PM
Isawhim, you can blab blab blab with your off topic analysis, but you're still wrong. A customer who hasn't received a product yet isn't cooling off, they are an order. What the hell is wrong with you, going to bat over and over for this company to let them screw a customer? Why do so many people here think that these manufacturers should be given a pass for months of delays and lies every time. A business should treat its customers well, at least until they become unbearable. I don't get how people who at least appear to have the ability to make a rational decision just fall so short when it comes to this sort of thing.

He said it himself. He gives them a pass because they are holding his Pre Order funds hostage : and he doesn't want to upset AMT out of fear that they will take his money and run.

I'm starting to question whether Isawhim would care if he got his miner, but everyone else that pre-ordered got screwed. I don't know why him or any of these others would come to defend AMT so strongly based simply on a lackluster website with misinformation, unprofessional posts on this thread, and a general lack of updates and clear information for their investors. I just don't get it.

That's what sucks about the mining industry is that it's so competitive that no one really gives a shit about anyone else and only think about themselves. This probably has something to do with the 'money to be made' that is involved.

AMT_MINERS: It's Saturday Feb 08 2014. You said that miners would be built by now and start shipping yesterday. Has that changed? If so, please let us know. If not - please post some pictures or give us some updates as to what orders have been built/shipped.

Thank you.
1546  Bitcoin / Hardware / Re: Official Thread: AMT on: February 08, 2014, 06:11:35 PM
Augusto,

Thanks for doing all the research on John Zipkin.

Quite a bit of this background information on Josh/AMT seems really shady.
1547  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 11:43:24 PM
Quote
AMT 1.2
« Sent to: grumpybearsgirl on: February 01, 2014, 04:58:58 PM »
Reply with quoteQuote  ReplyReply  Remove this messageDelete  
Hey, if you are unable to get a refund from AMT for the 1.2 miner let me know and I would be willing to buy it from you so you can get your money back.

Let me know!

I sent this message to Grumpybearsgirl on Feb 1st, as you can see.  I got no response.

While following this thread it has also become clear that Sirminesalot has some kind of relation with Grumpybearsgirl.  The user's intentions are not as pure as they want you to think.  See the unsolicited message below:

Quote
AMT
« Sent to: asprin on: February 06, 2014, 06:25:20 PM »
Reply with quoteQuote  ReplyReply  Remove this messageDelete  
AMT has over $10,000 of my close friends' money : worth for Mining equipment pre ordered, so maybe you can understand my concern.

AMT is also based out of the US - but I have primarily focused on them since we are invested in them.

I'm not out to slander AMT and create FUD - I'm just looking for some professionalism from them.

-Sirminesalot

I PM'd you to discuss things since you got ultra defensive about me and my questions, right off the bat. So much for having a rational discussion with you.

Does ANYTHING in my PM indicate me of foul play? Give me a break. You aren't even worth the time responding to Mr. Paranoia.

As for Grumpybearsgirl : I have no idea who this person is and have no relations to them, but she should probably chime in soon about offers to buy their pre-order if he/she wants to be taken seriously.
1548  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 10:02:51 PM
Quote
That is why I kiss BTC's ass... AMT just happens to be between me and BTC at the moment. I commend them for what they have done, but I am NOT kissing AMT's ass.

Once again you aren't being very clear  Roll Eyes

Quote
Your #1 is just an opinion, not backed by anything other than your own speculation.
Your #2 is just more speculation, obviously from an uninformed resource.

You consider my #1 and #2 'reasons for a refund' pure speculation - but your counter points are pure speculation as well.

This whole 'bitcoin mining' thing is based on speculation, no one can for sure EVER say that certain hardware will or will not pay for itself during a course of time because the rules are constantly changing.

With that said, I want to ask this:

What DOES make for a valid refund request?

How about "my computer crashed, i lost all my BTC - and i'm getting out of the mining business" or "i found out that I cannot use this hardware with my existing configuration?" or "I just got arrested and am facing some heavy charges, i need the money back to hire an attorney".

If you have any other good reasons, please feel free to share. Personally, it sounds like they might feel any reason to get a refund is a bad one.
1549  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 09:50:31 PM
Hi, for any who are yet unconvinced of the legitimate status of AMT, I can attest to it. I ordered an 80GH/s model and got it already. However, I came on this thread to address the 1.2TH/s unit I have yet to receive. I have been keeping up with this thread and even communicating with a staff member, so I understand there have been delays. I will post a full review complete with photos when I receive the other unit in my order.

If AMT reads this, my order is #847. A response of any kind would be appreciated as I have not had contact in a few days now. I understand the difficulties of starting a new business venture, especially in a market like that of cryptocurrencies. I fully support AMT and their efforts in building a business in this field. Trolls and haters are everywhere, but people without that level of fear and insecurity will realize that someone pursuing their own interests should have no effect or impact on anyone else.

Just thought I would put my two cents in. Also I just wanted to reinforce that AMT is legitimate. I can photograph my 80GH/s unit when I have some time, but as I said I am waiting for the other unit to do a full review. And lastly, I just wanted to know the status or any updates on my order #847.

Hope all is well with everyone in the Bitcoin community.

Being a new user, would you mind taking some good photos of the hardware you received; along with when your order was placed, and when you received it? Maybe even some reviews on the temperature and power consumption / video of it in action.

This would go a long way in helping keeping peace of mind for people awaiting their orders.

On a side note:

I don't think it's the buyers obligation to document their hardware and post it here. Good photos, specs, and data should of been posted by AMT (either here or on their website), since it's product they have manufactured and have sold. The website has poor photos of the internals and externals of these machines - something that can be easily remedied with a decent camera phone and 10 minutes.

http://advancedminers.com/bitcoin-mining-hardware/

The 80, 128 and and 180gh models barely show the internals (boards and chips) and the pictures are overall of low quality.

The 220, 320, 520, and 1.2 Models aren't anything but CAD mock-ups (not the final product).

How does any of this instill confidence in a buyer? How does this relay that AMT takes themselves seriously, that they can't even provide the end-consumer with some good photos of the product?

A Troll is someone that is trying to get a rise out of someone for no good reason. I think everyone (including myself) that has posted questions and concerns are looking out for the community, other investors and ourselves. We all have money riding on this, so let's work together to support one another and make sure we don't all end up in a 'worst case scenario' situation.

We don't need to support AMT emotionally on this forums : we have already given support by ponying up the cash to them so they can produce the product.
1550  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 07:30:10 PM
We already see where this is going with Tom Wilson's (gummybearsgirl) order. In order to avoid any confusion or possible fraud or hiccups that may occur, we will facilitate the transfer of  Tom's order to someone else. When there is an agreement in place, please let us know and we will take care of the rest. It is up to Tom if he'd like to sell his order, and if he finds a buyer we will act as an intermediary in this specific situation for the sole purpose of avoiding any possible conflicts that may arise from this situation. In general, we do not promote skipping the order que or paying extra for express service. We are not selling a spot in line, just trying to give Tom what he wants without going back on our refund policy.

If Tom sells it for the purchase price: 6,089 (5999 + 90 shipping) or less we will act as an escrow agent in this situation and collect from the buying party and issue the funds to Tom while transfer the order.

What a joke. Again, if you want to build a good reputation, refund their money. Contact them directly, DON'T POST A PERSONS REAL NAME ON A FORUM!!!! and work it out with the customer. How dumb can you be. Did they post their full name here? You really need to hire someone who knows how to respond to customers.

No shit, I was thinking the same thing.

Ridiculous.
1551  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 06:58:44 PM
...why we wanted our refund and my fiance kept saying stuff about how fast difficulty is going up...

Thus, not a good reason for a refund...

You knew difficulty was going up... It has never gone down... period. Thus, the reason is truly that "you just want a refund, just because you don't think you will make as-much." Truth be told, it has actually gone up less-fast than ever projected. It is going up fast, these are faster miners!

However, difficulty is actually irrelevant to the situation. Since it applies to EVERY single miner being sold, being made, and in the future being thought-of. With every new THs model added to the network, there are thousands of GHs units removed from the network. We are near a technical limit here now. We used all available magic to create these things. They are not going to get much faster now. Until Aliens develop new technology for us.

End of the day, this miner will make close to 12-25 worth of BTC-value in two years, and again, it does not matter what the price is now. It matters what the price will be when you "cash-out". What will value be in two years? (That is when the reward switches from 25 coins per block to 12.5 coins per block, and this miner will possibly not make enough to cover operation costs at the time, but still produce coins for the future-value still.) On a safe estimate, that would be about $1200 x 2 = $2400. On a real estimate, price is closer to $6000+. On a hopeful-high, it is more like $12,000-$30,000 on a "modest trend".

Assume the worst... $900 per BTC x only 12 BTC = $10,800 Which would be about break-even with power consumption. (Now you know why BTC is so stable at about $900 now. For the new guys, that is about break-even, for the old guys, they can still go as low as $600 obviously. But now they have cashed-out. Which leaves... $900 as a realistic future value.)

Truth of the matter is... You see BTC low, and you would rather take that money back, to buy more BTC. Wouldn't it be interesting if they only gave you back your BTC as the return, since that is what you paid them with. (But I doubt they would do that.) That is exactly why they protected themselves from pull-out investors, the way they did.

You have a chance for a refund, and even gains now. Just got to sell the thing you asked them to create for you, when you made the purchase, after it is delivered. I am sure you can get $12,000 for it, once it is sitting in your hands. I see people have sold BFL's $1,000 units as high as $10,000. So anything is possible.

The fact that you think "running this miner is guaranteed to get X amount of dollars over Y amount of time", shows me how delusional you are. There is no way to predict both the difficulty rise or the value of BTC in 6 months. For all you know the bubble can burst overnight and EVERYONE can lose their ass. Not to mention the cost of electricity (newsflash, KWHs do not cost the same everywhere). Don't act like some day trader that has some INSIDE information - you have NO information or facts to go on, just another hopeful investor who thinks he's going to see MASSIVE returns with his AMT miner.

Either way, this has nothing to do with them not getting their refund for an undelivered product. Trying to sell your device post delivery on the forums or ebay isn't a guaranteed way to get your money back either; let's not look for alternatives to AMT simply refunding a customer for an unfulfilled order. She shouldn't have to hustle to sell her miner because AMT deemed that her reason for a refund wasn't a good one. WHAT IS A GOOD REASON? My grandmother is sick and needs surgery? The money I used to buy the Miner was stolen out of my Mom's purse? My house just burned down, so even if I DO receive the miner, I won't even be able to run it? Get real.

Here's a few good reasons to ask for a refund:

1. AMT hasn't proven to me they are capable of running a business properly and I have serious concerns about the product as well as the warranties they offer on my product.
2. By the time I get my Miner it won't ROI and I'll be out my investment.

Your point about refunding BTC is moot, she paid with Wire Transfer.

Since you are so hell bent on defending AMT at every turn, buy her miner off of her now and put the matter to rest. Put your $ where your mouth is.
1552  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 06:11:47 PM
They don't have to reply here at all. Yet they do.

I fear nothing. I am not kissing any-ones ass. I complained and questioned them, just as everyone-else has. I got my answers, talked to them, and still have to read stupid crap like this in the forum.

What exactly are you looking for? You want a live video-feed from the shop?

They gave us an update. They are coming.

The forum is not where they conduct business. This was a courteous gesture, which was abused, and they rightfully abandoned the crazy troll-thread, initially. Then, they came back, with a PR guy. Who keeps communicating with us. (Then you came and starting trolling the same crap.)

Perhaps you should learn how to be a customer.

1: Buy/Pay
2: Wait
3: Get item

If 3 never happens, then you complain. There is no step between 2-3, where badgering them is a requirement to obtain step 3. Often, it has been my experience that if you do badger anyone, they tend to spit in your burger.

And now what? You're their knight in shining armor here to protect them from questions?

Do me favor and go climb back under the rock you came from and let AMT deal with the questions directed towards them. It isn't like you have the inside scoop at AMT and last time I checked you didn't work for them.

I didn't come here to get answers from fan boys that have nothing solid to go-on other than hopeful wishes. I want answers from AMT.

Grumpysbearsgirl: Sounds really professional...NOT! AMT, you don't need to PROVE anything to AMT because you changed your mind about this investment and want for a refund.

It sounds like they want you to wait for the device, run it for months, then get your ROI back + then some. I would really be cautious about letting them talk you into this, because if you go that route - you'll be taking a big risk. You will have gotten your device and used it and essentially squandered your chance for a legitimate refund. At that point you'll just need to hope you can mine that $ back. When you find you won't get ROI or profits, you'll just be out the initial investment without any real chance of getting a refund at that point because AMT could argue they fulfilled their end of the agreement.

You're best opportunity to get a refund is NOW. They have your cash in hand and you have no product as of yet. Think about it!

Perhaps ISHAWHIM and you should PM, and you consider taking his money for your pre-order since he has so much faith in AMT (and what sounds like quite a bit of disposable income).
1553  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 06:46:37 AM
Order #1196 isn't even due for delivery for another week... Asking for a refund before it is even due to be shipped, on a pre-order, is not one of those "situations", few would honor for a refund.

"asking for weeks"... That order is only a few weeks old!

"with our mortgage at risk"... What! That is a poor decision of yourself, if that is your action, buying a pre-order with the HOPE that it will make you money in time to pay a mortgage. You need personal priority adjustment. If you HAD issues with your mortgage, they existed before you made the bad choice to buy a miner. A miner, I might add, that has a break-even (at best), within two months after owning it. If your mortgage is at risk, having gains in the third month wouldn't help much.

But I digress... Don't blame others for your poor decisions, and then attempt to hold them accountable for your poor decisions. They offered us miners, we accepted the terms, and now we are getting our miners.

If you want "off the shelf" equipment, that choice has always been there. Now these will be "on the shelf", and then you can complain how they will not make you rich, and want refunds as bitcoins falls again, or as it rises, so you can get your coins back to trade for more money. That is why all these places NEED irreversible transactions. Because buyers continually try to defraud these places. Again, that was a risk you agreed to, once you hit that SEND or submit button, or made that wire-transfer.

The PR guy is doing a great job. However, he needs to stop replying to obvious trolls, who are demanding answers to stupid questions that don't pertain to him. We don't need you (the troll) speaking for us, we have our own mouths, and have gotten the answers we need. (Even if they are not the answers we want to hear.)

I offered to buy peoples orders directly. No-one took me up on the offer. They had a chance for an instant refund, and passed. So, they must not be too anxious for a refund.

Also, last time I checked, most laws state... "Within 30 days of expected delivery." That is for existing items, where delivery was implicitly stated as a "sure thing". Not for "pre-orders", where it is implicitly accepted that any statement of delivery is an "estimate of expected delivery", thus the term "PRE" before the word "ORDER".

They are not refusing refunds. They are refusing unreasonable requests for refunds, without some kind of valid reason. They have that right, as you have chosen to "give them" money to use, as an "advance", on the creation of an "order" to be "filled in a reasonable time". (Unfortunately, it is not YOU who determines what is "reasonable", it is the LAW. Which, I believe, in most countries, is 30 days beyond expected delivery. That is also in paypal's agreement, and ebay's agreement, and UPS's agreement, and FedEx's agreement, and even your CC's agreement. Which I believe CC's extend to 60 and 90, in some instances, but LAW of consumer-protection rules over most of those aforementioned contracts.)

Do you have anything to show from AMT so far? If so, please share with us.

If you think your optimism is going to make this deal work out for you, that's your problem. Other people want updates and professionalism exhibited from AMT. I doubt most operate on blind hope like yourself, especially with thousands of dollars on the line.

And the mortgage payment remark was simply a reference to the kind of money at stake - although most people's monthly mortgage aren't to the tune of $6,000.

If you think the PR guy is doing a great job then you need a reality check. You obviously know nothing about proper business ethics and how to speak and address issues with customers. If anything, the communication coming from AMT (and lack thereof) on this thread have done more harm than good.

The truth is, you are a shining example on one of those people that think raising questions or complaining to AMT is going to make you lose everything invested with them in the end: and that's sad. I can only hope it all works out for you in the end and you don't lose money. If you want to attack others here with valid questions and concerns and ass kiss AMT - then that's your prerogative. To me, you're just another unwarranted AMT fan boy with loads of speculation and hopeful optimism that you'll get taken care of, or rewarded for your support.

AMT : What constitutes a valid reason for a refund? I'd really like to know, and I'm sure others would to. If you can please post photos of the first rigs off the line for us to look at that would be splendid.
1554  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 10:31:44 PM
Quote
We would like our money back for Order #1196, as I've said many times before and through countless emails and phone calls.


Grumpysbeargirl: What was their response to you on the phone?

Please share details with us, the more the better.

I'm sure everyone wants to see you get your moneyback and how AMT resolves this situation.

Thanks
1555  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 05:05:41 PM

All of the above being said, it's essentially a toy by comparison to the Bitmine.ch based miners that are soon to be in production. The two guys I've interacted with seem to be very tech savvy dudes, so I don't actually have much worries on the production end, other than supplier issues. Giorgio at Bitmine.ch has confirmed as recently as yesterday that AMT are indeed their American business partners. Their CS has not been stellar either. In fact, the only ASIC company I can say has been totally upfront is Bitmain, and they are doing very well because of it. But the Antminer is not really much better than the HEX16B's in my AMT Steadfast 80, and at least so far, Bitmain has not announced or indicated that they are moving to a lower process node. I do believe that AMT is legit. I think they are rank amateurs in the world of business, and they have done some things in this thread that made them look rather bad, such as offering discounts for positive posts, etc.

Giving me the miner may have been a bad move for them as well, though having somebody review a machine is not uncommon. I hope it's helped them, and I will deliver a much more comprehensive report. I am somewhat biased. I wasn't going into it, but I like these guys. They do very much need to resolve their front of the house issues. We all knew the machines were going to be delayed, since we new they were based on the Coincraft A1, which was delayed. They should have announced this the minute they knew. It's a hard thing to do, since you want to be positive in all things about your business, but it would have allayed a lot of suspicion.

Fortunately, the thread has calmed down a lot. This community treated them poorly, and they responded poorly. I have a thick skin, but I do understand how awful it feels to be blasted before you've even had a chance to perform, and I can understand the desire to hide. But business is not a discipline that allows an emotional response from vendors.

Jim, if you're reading this, I highly suggest you invest in a heavy punching bag and a good CS rep Smiley

Biomech,

I agree with most of what you've posted and I applaud your effort to document your Miner to your best abilities: especially during the course of having a baby.

I understand the industry and hurdles of getting pre sales, compiling/sourcing bleeding edge technology, and delivering to your investors - all I am asking for is clear updates on the status of things. You are completely right about letting us know about delays, these updates should come directly from AMT first so people aren't left questioning what the deal is. This forum is an ASSET to AMT and other mining operations to let their customers know what is going on before worry sets in.

Like what RickJames said, if you treat your customers with respect - you get respect in return (regardless of bad things happening). We all know that shit happens, JUST LET US KNOW!

I find it more suspicious when you have to find out in a round about way that the chips are delayed from the manufacturer, versus the company that is building your rig and has your money.

All early investors should be treated equal, regardless of their opinions or cynicism. All of our money is the same color after all, and it's unrealistic to expect people that have shelled out thousands of dollars to 'hope for the best' when the receive little to no information about what's going on.
1556  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 05:01:56 AM
Yes, people should have paid with credit cards and paypal. However, if they did pay with bitcoin, their recourse is through the courts, not whining on a forum. Nobody ever bothers filing the lawsuit, they just sit around waiting for the magic mining machines to someday appear. Look at all the BFL customers who waited a YEAR for shipment! It doesn't cost much to file in small claims court, you don't need a lawyer, and while it can be difficult, it is not impossible to collect on a judgement.

Scammers bank on the fact that most people won't fight it : because the ones that don't always outweigh the ones that do.
1557  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 04:31:40 AM
I said what to do if you paid with something other than a credit card, or did you skip right over that?

AMT you haven't earned any trust, you started things out by being insulting and nasty, deleting your posts, and having to apologize for it. You have a few people who stick up for you because they are afraid if they don't, you will run away with their preorder funds. Instead of asking more people to make preorders, with no chance of refund as you just said, why don't you focus on running a proper business, getting a product shipping, and treating your customers with respect and honesty.

I read it, but your solution isn't a determinate way to get your money back. Filing a lawsuit takes time and additional money and still you aren't guaranteed of getting anything back. Anyone who has paid with a Wire Transfer is equal to having walked up to AMT and giving them a stack of cash. Good luck involving the system over Bitcoins BTC.

My point is that Credit Cards / Paypal / Escrow - should be a given for these kinds of purchases. Especially since we're talking thousands of dollars and buyers need some kind of protection.

A company should have start up capital to build the preliminary product and go from there. I completely agree with you on that.
1558  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 04:17:28 AM
AMT you HAVE to give a customer a refund if they ask on the preorder. Don't worry about what other companies do, most of them are shit. If you don't have the money to refund a few customers who aren't patient, you shouldn't be running this business. There are laws about this, call the FTC and ask them if you can indefinitely keep customer funds for preordered product that you are using to finance your startup business when they ask for refunds...  Don't be another scammer, when a customer wants a refund you give it to them and sell their "spot" to someone else. Anything less makes you suspect. You should not have entered this business without enough financing to secure the product before sales.


Also, people. If you don't get a refund on a product like this, initiate chargeback proceedings with your credit card immediately. If you paid in bitcoin, go to your local courthouse and file a lawsuit in small claims court for the amount you paid. Don't be stupid and wait for someone else to do it for you. Make noise, get noticed, and watch how quickly the company sends you that refund.

How are you going to get a charge back issued if you paid AMT with a bank wire transfer or Bitcoins BTC? You won't and you'll be up a creek.

This alone like it or not, is shady.

Whenever someone on Ebay or Craigslist requests Wire Transfers or Checks in the Mail ONLY right away 99% of the time everyone assumes it's a scam - but in this case we shouldn't. Come on!
1559  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 03:59:46 AM
I agree, the alternatives for bit coin mining suck : but that doesn't mean they set the bar for the industry in terms of communication to prospective buyers / commited pre-orders.

Details about who I am or how old I am is irrelevant to what we are talking about. A valid question or statement is just that, a valid one.

Comparing your company to APPLE is like, yes, comparing APPLES to ORANGES.  A company the size of APPLE won't dissolve itself over $50,000 to $100,000 of unfulfilled orders (be it defective hardware, poor design, a winter storm, whatever the case may be).  I mean, can you even tell me about the last pre-order ANYTHING APPLE has sold recently? Point me to these terms of service in regards to APPLE's Pre-order devices and I'll gladly read it.

I hope you succeed and deliver, that's all I want. I think it would be great to have an American company producing these rigs as there is an obvious demand for them. The less that goes to China or a scammer in Croatia, the better.

All I am after is clear updates and offering the advice to better serve yourself and your customers. Consumer confidence is important and just because the industry is flawed in all of these different ways (scammers, under performing/oversold equipemnt, overheating, poor design, etc) doesn't mean that is an excuse to say "ABC Mining Company just screwed 500 people out of money, so Hey, take it or leave it!"

How about stepping up to the plate and earning our trust?

Time will tell. Thanks for the response, I will continue checking for updates and hoping for the best for everyone waiting on the new Miners.
1560  Bitcoin / Hardware / Re: Official Thread: AMT on: February 06, 2014, 02:30:41 AM
MBlackout: Sorry bud but I'm not going to become an AMT Fanboy because you simply ask me to. I can assure you there are more people out there that would prefer clear concise updates from AMT along with pictures of what they will be getting and accurate timelines.

AMT_Miners: I am not going to waste your time on the phone so you can update me with details. What I am after are the FACTS from you posted HERE, so everyone that has pre-ordered and has their mortgage payments on the line, can read them as well.

Doesn't that make sense? Update the community here with timely DETAILED posts, so you don't have a few dozen people calling your team so you can answer the same questions over and over?

Not everyone has access to travel to Pennsylvania and visit your office. I'm sure you have money from people all over the country.

You would think that since you:

1. Sell the product via your Website ONLINE
2. Take money ONLINE (wire transfers & bitcoins BTC ONLY)
3. Give updates to the investing community ONLINE
4. Deal in BITCOIN MINING (which is based ONLINE)

You would be able to recognize that all of this information should be ONLINE and accessible by the user base.

It's 2014 and having to call in to talk to someone over the phone about hashing details and power consumption shouldn't be necessary.

All I am asking for is clear concise updates in a timely manner with SUBSTANCE. This means better photos and more details about what to expect in terms of parts/etc. The time spent to update the community will save your team loads of lost time explaining these details to customers over the phone.

I look forward to new detailed photos this week of the first few units assembled (this includes the internal and external parts along with mining screenshots).

Thanks for the response.  
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