The reason this coin got stuck at a high difficulty is because some pools.. bettercoin in particular didn't pay out fairly at launch. I was mining right at the beginning finding blocks.. blocks were being found every second.. and none of my hashrate was reported on their website. I continued to mine there because the admin was posting on the site that payouts would catch up.. this was a lie. I didn't receive any payouts until block 2500 or so when I was submitting shares from block one. Only got 80 coins from the pools 90,000 coins that were found in the first hour or two. Then they switched to pps.. felt ripped off and scammed.. and bettercoin was supposedly the official pool.. complete bs.

i buy moar and mine moar

gpu farming difficulty hasn't risen to astronomical levels so far

Ive got 10 million Doge stowed away on 3 seperate usb disks located in various top secret locations. Those babies are staying safe now.

Got a float of about 1btc that ill continue to day trade with, but its too dangerous to do anymore than that, ive lost so many of late being greedy. However i do like the excitement it brings so will continue with a small amount. For most i agree with what that colin guy has been saying - hold like a mofo. I see no direction but up in the longer term and by summer i think shiz will be incredible.

nice pump atm @ bter! 

source?

Actually no, we'll be using a mining pool, all you'll be doing is using one of my my workers to mine, it's simple more people mining on one account the faster we generate litecoins, so you'll get more litecoins at a faster rate than if you were mining by yourself

Hey I can't really answer your questions without knowing them. Your welcome to PM me.

Fiaz.

Well if you have been reading emails I sent over then you would be answering all my questions.

Questions that I asked in a number of email. Hope you can answer these.

• 1 Is it possible to come down to company location and see progress of units and a working prototype in working order.

• 2 Are you going to be doing any video progress of units showing details and outlines of work in progress and explain in detail of whats going on how things are working and what you want to do in the future as a business and what you want to provided the community for crypto currencies.

• 3 Would it be possible to pay on collection for units via pre ordering and say paying a holding fee for collection in person like 1% to 2% of unit and pay rest on collection..

• 4 What is the expected release date for units. As many people no longer do pre orders unless their within a matter of days or 1 to 2 weeks at most. This causes a lot of loss on earnings putting money in and getting no return. Is their going to be a compensation plan in place for adding extra hash to make up the loss like other company's have done. Or to provide refunds based on market price.

• 5 Are you dependent on pre-order funds coming in for your hardware to be manufactured and to be brought to market? Or do you have enough funds to make the hardware and then start selling?
  
  5a Are you looking for investors to invest within your company? If so then what agreements and contracts do you have in place to be legally binding?

• 6 What relations did you serve back in 2013 with CHESHIRE TECHNOLOGY LTD as this company is now dissolved and yourself's have had a business name change into Alpha, what was the reasons behind this?

• 7 With regards to Terms of service and Point of sale. What guarantee do we have as a customer besides the 6 month guarantee after shipping. This is in terms of while waiting. If expected date has passed what refund polices do you have in place and what compensation will be given if any due to loss of keeping coin and and buying later at better market rates.

• 8 With regards to payment options. I see you accept Paypal and Bank transfer. Do you provide refunds if for say your target of release has passed and you are behind on release date would we as a customer get a refund.

Also regarding hardware and Paypal are you aware that if you are selling bitcoin mining machines or other related products to do with crypto currencies. Per their current Acceptable Use Policy for Money Service Businesses, PayPal may not be used to operate, business including the sale of bitcoins, bitcoin mining units, and other related bitcoin or related crypto products.

I had asked Paypal a while back selling computer equipment and if found to be related to crypto currencies it is against their TOS and POS. How are you different in accepting Paypal for payments do you have some sort of agreement in place with Paypal that is allowed to actually accept payments?

---

Now for some fun stuff.

• Have you considered setting up a pool for people to mine on?
• Have you considered to have an exchange platform for different crypto currencies?
• Have you considered having a renting service to rent hash power like http://www.cex.io and have much better rates.
• Do you plan on having an upgrade service for hardware to be upgraded with extra components like a cad system to slot extra units in or expatiation slots etc?

Thanks for taking the time in reading and hopefully answering my questions as I also know a lot of others are more than likely asking half of these questions but yet to post or are still unanswered..

We have never mentioned an ''alpha server'' and have no plans for anything similar to this.

Regards,

Fiaz.

Hey all, latest news:

Progress by our engineering partners has been picking up fast and a quick update for the week's end is as follows:

Engineering Update

-       ASIC design has been more optimized and frozen.

-       ASIC Synthesis & Physical design is going on. Tape out target end of march.

-       Provision for MBIST and boundary scan for DFT has been done.

-       Architecture of Mining Board design has been finalized and design has been started.

-       Sitara ARM AM335x Processor from TI for Host Board has been finalized and design has been initiated.

-       Provision of power consumption & temperature on the LCD display has been incorporated.

Mechanical Update

-       Eliminated switch from the enclosure. All the input and set up will be done through web pages just like a router.

-       Enclosure material will be of Aluminium.

-       Universal power supply has been identified for 5mh design.

-       5Mh box will be 1u but much smaller in size ( easy for transportation, likely half of 19” rack).

-       Power figures as of now are looking good

o    5Mh<=70 watts

o    25Mh<=300 watts