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I got no follow up with AMT regarding the RMA.
Anyway, I received a letter Friday from the Office of Attorney General in Pennsylvnia requesting additional information.
AMT legal woes going to turn to the worse.
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Apologies for the delay, however we had to make a decision on delivering something with significant differentiation to the marketplace rather than one that was just incremental improvements over what exists today.
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Interesting. At least it came back to 1 TH/s. No the same with the units that we got, when it failed, it failed permanently. |
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Not gonna happen, you best bet was to file with the FTC. I mean begging for the money back isn't going to persuade them. It might make them giggle but they think they've legitimately earned the money you've paid them regardless of your not receiving anything. The only way you'd get cash is to hold their hand all the way to the bank or under their mattress or wherever they keep their money. Unless you are there in person and with some type of law enforcement I don't believe you'll see a dime.
Personally I'd take my money back and wash my hands of it, but that doesn't seem like something they are willing to offer so I'm not going to beg. I'm just going to wait, one way or another something will happen.
Does anyone have a contact at the FTC they've been working with? I was scammed out of 4 boxes (2 1.2's and 2 3.2's) and have received little response to dozens of email and phone calls. I hired an attorney in PA and they told me to hold up until the Class Action is approved then we can decide to move forward as part of the CA, or separately if preferred. 2, 3.2's..... You may be in this worse than the rest of us. Sorry to say it, but we've had no proof of somewhat of a 3.2 ever being in existance. 3.2 ? You were scammed after the lawsuit was filled? How is it legal that AMT continues to sell 2.4 and 3.2 TH/s systems on its website? |
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Interesting that I keep seeing new users posting here that have never have never posted before.
All of them waiting for their machine.
I wonder how many miners has AMT really failed to deliver? I've counted 43 miners never received and 11 received of mostly non-working status.
Is there more?
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What do you guys think about this Novello Technologies?
Novello appears to be one "engineer" who thinks he can create a world-leading full custom bitcoin ASIC miner from the ground up without any delays and without missing any specs. Ask yourself this question, "Is this single engineer, who won't post an actual resume or any work experience, better than all the other teams like HashFast, CoinTerra, BFL, Bitmine, BlackArrow, etc.?" I agree that the odds really aren't in favor of Novello succeeding. HashFast and Cointerra had pretty decent engineers but still stumbled badly. I seriously doubt that they can raise the money. Maybe last year this time you could, but not this year where you have Bitmain, Spondoolies and Cointerra shipping like mad. In fact if you look at the price per GH/s ... it isn't even competitive with what is already out there. |
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+ 10000 The Novello reading is excellent Novello was his best attempt so far. But what Novello has to do with current amt situation? AMT POST COMES FROM NOWERE Joshua is short n cash I guess  I don't know why AMT bothers to post it here. The Novello proposal is so far out in the future that is has no value to anyone now. All it does say is that mining is a very difficult activity and it is going to become even more difficult. The price of ASIC chips are going to crash due to the glut so the game will only be worth it for the assemblers (usually chinese) that can do it cheaply with economies of scale. The whole idea of AMT of getting chips from a Europe and having the boards assembled here doesn't work. He should have the boards built in China where there's plenty of folks on the cheap to inspect and test the boards. Likely AMT had no idea of how much work is needed to test working systems. Anyway, AMT has a disaster in its hands. June 16th is coming very quickly so we'll see then what they're response will be. My recommendation for AMT though has always been, refund what you can to your customers and then trying paying of the remainder over time. Trying to be successful in this mining business is one way to dig a deeper hole. |
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What do you guys think about this Novello Technologies?
Who asks boys Their face book likes rating sucks so they are not to be trusted As I said my initial consulting fee is 10 btc loshia... I think you should leave this thread. you are no help. you are an amateur has never been involved in manufacturing.... so get lost. never heard of Novello, but at least they take the effort to write a long prospectus. |
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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. Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. But I will say your getting a different miner (again using A1's), equal to 1.2THs or higher, with the same power consumption or less. That's damn vague here. A different miner using A1's??! What do you mean? A technobit solution? A dragon system? A coincraft system? Maybe all three, maybe one of them, maybe a new AMT board.  We've said that we've explored all of the above options, stating what you'll be receiving at this time is subjective to availability and how production continues over the next weeks. What the hell is this? This is not a finished system. Where are the heat sinks? That's only four A1 chips. In fact, that's not even the technobit solution! I thought Loshia said this board doesn't work! |
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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. Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. But I will say your getting a different miner (again using A1's), equal to 1.2THs or higher, with the same power consumption or less. Can I send my unit to a trusted escrow instead? Alternatively, can you send me the new miner instead and I will ship you my miner? Why don't you just wait until someone else has received their new miner, ok. We'll send you the label in a bit but it our advise that you personally carlos wait until someone else from this thread has received and reviewed their miner. DUDE! I have been waiting for 4 months already! I have nothing from you that works! Now you are telling me you have some replacement? Well you better ship that replacement because I deserve! LOOK! WHY DON"T I DRIVE THERE TOMORROW AND YOU GIVE ME THE REPLACEMENT? |
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Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. No, I want to guarantee that you will send something back. What guarantee do I have that you will send something back? Can I send the unit to one of the trusted members of this forum and then you can send me the new unit? What is the nature of the miner that you sill send back? Will you be sending back a technobit solution that is in a case? No, because that is just a dumb idea. We keep writing on this forum because we know customers like yourself will just flip and start writing the worst crap, so in general it is a necessity to maintain some presence here. We are working on a better solution for that as well. Well given the many times you've claimed to ship something (remember the backplane that you promised and never delivered? remember the 6th board that you promosied but never delivered? ). Why the hell should I give up my miner on your claim that you will ship me a fixed version? What about an escrow? There was some dude here that volunteered to examine broken machines, maybe I can ship to him? |
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Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. But I will say your getting a different miner (again using A1's), equal to 1.2THs or higher, with the same power consumption or less. That's damn vague here. A different miner using A1's??! What do you mean? A technobit solution? A dragon system? A coincraft system? |
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Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. But I will say your getting a different miner (again using A1's), equal to 1.2THs or higher, with the same power consumption or less. Can I send my unit to a trusted escrow instead? Alternatively, can you send me the new miner instead and I will ship you my miner? |
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Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! If you don't want to RMA your miner, or if you'd like to wait for someone else on this forum to RMA their miner and confirm receipt, its your call. Stop being provocative. No, I want to guarantee that you will send something back. What guarantee do I have that you will send something back? Can I send the unit to one of the trusted members of this forum and then you can send me the new unit? What is the nature of the miner that you sill send back? Will you be sending back a technobit solution that is in a case? |
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Also, we've just updated the RMA policy to the following:
** Update:
All clients will need to ship their miners back, even those which have picked up their miners machines from our office. Drop offs will not be accepted.
( in general, during a recall its best to have a record of a product returned and new product issued which is administered from a third party like fedex. )
You will take our units offline, what guarantee will there be that you will ship anything back? Is this some kind of reverse scam where you will be stealing our broken miners from us? We want an escrow service to guarantee that we get something back! |
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BTW, are you RMA entire miners or does it include broken boards? Many folks have like several broken boards but a few functional ones. Can they send back just the broken boards? Good question. You'll need to RMA the entire miner due to the lifespan we've seen with the boards produced. From a cost standpoint its more efficient due to the possibility of boards breaking in the future to RMA the full machine. Overall, its best to deliver a safer and more reliable miner at this point. In the future new coins will arise that will be mine-able, and having a sustainable machine will prove to profitable. Yes, but that means you will place these machines off line! What kind of logic is this? What is your guarantee that you will ship immediately? Given your spotty delivery record, would it not be wise that you ship the replacement first and we ship you back the bad product? |
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BTW, are you RMA entire miners or does it include broken boards? Many folks have like several broken boards but a few functional ones. Can they send back just the broken boards? |
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Ok... got an email from AMT asking for my address. (Don't they know this already?)
Anyway, hope to see the shipping label today.
I will you keep you folks updated on the status of the RMA.
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Did anyone else notice that AMT didn't just post the recall message on the website, but also made up more posts that showed progress and show they were from the past? I mean really AMT, we know that those weren't there. Everything new after the counterfeit post was actually posted yesterday... How dumb do you think we are??? Fake transparency is NOT transparency.
Yes, I did notice that, they are posting news items from the past. I think they just want to fool the courts in showing that they are communicating with clients. |
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Okay, so after months of complaints and lack of responses you finally area accepting returns? So what happens when the unit in returned? When can we expect a new machine? Is this the same kind of machine that is returned or will this be the Technobit version? How long will it take for you to return a machine? Wait... why are you just posting it here? Should you not have a broadcast email to all your users? |
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