Since you claim to be friends with Josh, maybe you know how much hashrate they actually have?

By my last estimates they had 750-1000 GH/s in Oct. 2 at which point the entire litecoin network was 1037 GH/s.

Can you confirm that GAW had the equivalent of 97% of the litecoin network at the time?

Can you honestly say they knew what they got in to?

I am positive that given the chance, anyone/everyone would have ordered their hardware from alcheminer considering they've been selling their hardware from stock for half the $/MH of a MAT preorder for around a month now.


Care to shed some light on this deal you made selling MAT miners to GAW?

Since Josh is a personal friend of yours, are you aware that GAW is almost certainly running a fractional reserve for cloudmining?

This is Marshall Long. The great bearded gnome. He probably has no comment on brokering an incredibly fraudulent deal and benefiting with miner(s) and money, but he's happy to admit he runs one of the biggest "asic hardware consulting firm in the world" and is good friends with the CEO of GAW who paid his "company" to consult on the quality of MAT asics before they buy a large quantity wholesale batch - known to customers that paid for them as 'batch 1' and developed 100% with prepaid customer money.

http://www.youtube.com/watch?v=mzC41q21xcY

Sorry "bud" but the more you type, the more you really come across as not having a clue. All you are doing is spouting off bits and pieces of non-technical hearsay you have picked up listening to others.

If you are so buddy buddy with Innosilicon you would know that they were contracted to make the A1 for Bitmine and had a non-compete agreement for a specific amount of time. Unfortunately Bitmine were so monumentally incompetent and building a working miner around the chip (I mean months!) that the clock ran out on the non-compete agreement and Innosilicon were free to sell their own and to OEMs. Go check the Bitmine thread if you want to see a bunch of unhappy customers.

It matters because MAT set themselves up to be making their own chips, priced their products accordingly, set an unrealistic, aggressive schedule knowing full well they wouldn't be able to keep it, then tried to resell someone elses products as their own.

MAT is no better than AMT in my books. Just a reseller of other peoples tech who took loads of overpriced pre-orders and didn't deliver citing production issues for a non-existent production line. Horrendous communications with customers, shill accounts, lies and deception.

What he should have done is just been straight from the start, told people he was just going to screenprint his logo on other peoples hardware, but its hard to run the sort of scam that he has run and get the pre-order cash in his pocket that he has without pretending to be a chip manufacturer and developer rather than just a box shifter of OEM systems.

Thats how its played out in these threads, and that's why people are rightly pissed off. Too many customers have been ripped off by these "ASIC" sellers. Most of us understand the difficulties in starting your own business and sympathise with an actual manufacturer having tape-out issues or pcb redesigns, but even then people have their limits, hence the lawsuits and federal investigations around Bitmine, BFL, Hashfast, KnC etc. So when someone comes along pretending to be of that level of production but really isn't then it makes it even worse.

For the ones interested:

The manufacturer of ALL Alcheminer / MAT units is Tailyn Technologies, Inc (support@tailyn.com.tw).
I've posted about Alcheminer before under another username here and on litecointalk.
I just found the invoice from the FIRST 96MH unit that was sent directly from the factory because they were still setting up their shipping system.

It's listed on the invoice and box as GF98S-0002-A311AAA (96Mh/s Alchemist WITH 4 DAUGHTER BOARD)
I received a 256MH unit as well, that had an invoice by Alcheminer themselves. (Box is downstairs, so can't check number)

If you checked my/others post you'll notice the shipping boxes are even 100% identical.
If MAT had manufactured these units themselves (even if just the case itself was the same), wouldn't it be logical if another box was used?

Besides that (check for yourself), the software is 100% identical.

If requested, i can scan the invoice. Just have to censor the name it's sent to, etc.


(Johan) Andre

Please post hashrate and power usage!

Did you happen to get answer on the TITANIUM 2?  Was it put on hold? (I like BTC gear).

I am also curious as a customer on scrypt when you mention 1/2 of chips are not yours.  I would like to be able to compare what other 1/2 of chips you didn't get.  Can you ask someone who they were sent to?  It just seems like you would know who you split the chips with.

(Both meant as legitimate questions not trying to stir trouble on chips, just as a possible customer I think it's fair to know).

Yet another one question: are there any real photos of EXCALIBUR 1 – ASIC SCRYPT MINER 40 MH/s? Weight 3 kg, power consumption 160 Wt... I'd like to buy it. IF this is not a scam company.

Having a couple of units while there are so many unanswered questions is still a BIG RED FLAG! Don't get fooled!

Also: