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761  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 21, 2014, 07:40:07 PM
This is from May 26th. I'd like to know when AT started the tape out. Taken from: https://litecointalk.org/index.php?topic=2859.msg175063#msg175063
I bolded a few key points.
I also posted this on the next page:

"We started tape-out just under a month ago, along with our tape-out we have paid extra for 'risk lots' which are early wafers in bulk, we will get a huge amount of chips as soon as tape-out finishes which means we will be shipping sooner rather later so not to worry."

As has been pointed out before. Alpha are paying extra for "risk lot" chips these are first run sample wafers which have not undergone the normal amount of testing, refinement and quality control. This means they will ship quicker but it throws reliability into question. The chips could be absolutely fine or they could be complete rubbish. Not only that, Alpha are also cutting testing time which was supposed to be a standard 20 days. This leaves long term reliability testing down to the end user.
I know this can be a serious problem but chances are probably pretty good that these chips work fine due to 3 reasons: 1 - Very simple design relative to CPU's and more complicated processors. 2 - They have been working on the design a while so hopefully they got it right. (I know, there is that word again). 3 - They are not the first to design ASIC's. A bit has come before them and hopefully they have done their DD. But point taken, it is a chance. And all the more reason to extend the payment cut off date as I said above.

Those chips should either be finished or just about finished as it has been, what, 2+ months now?

After reading the Alpha update there were a few issues that spring to mind.

1) Where are they in the chip manufacturing process? This nebulous time scale of a few days doesn't help anyone. There are clear steps in the chip manufacturing process and you can accurately gauge chip delivery by how far along you are. Have they finished tapeout? Do they have the masks? Do they have the wafers? Have they finished fabout or bumpout? Are they in the packing house? An answer to any one of those questions will tell you when they will get their chips.
Agreed

2)The case design. Removing the PSUs was their only option (apart from a larger case) but this and the case design means the units will no longer be rack mountable. This may not be an issue for some but for others it will be. In fact there is a thread on the Alpha forums where Fiaz is dodging this very issue. Also there still doesn't seem to be enough room for decent sized heatsinks in that design. Dissipating 1900 watts of heat will not be an easy task with just fans moving ambient air around. An Alpha supporter (Freejack) posted on this on their forum:

"As for cooling, these systems are going to have to be used with a room cooling/heat dissipation strategy the way any high density servers would. You can't get away with just fans...the ambient heat that you're circulating into the systems will cause them to get hotter and hotter".

I'm sure this is not acceptable to most of Alpha's customers.
Isn't this the same as any miner, regardless of where the PS units are? I would even venture to say that external PS's are better for cooling as it is that much more heat removed from the cases.
I have just a 50Mh unit on order. 400 watts should be fine in my room, as long as there is adequate air flow. I will probably have to replace the stock fans with something more quiet though, as I have a feeling they will be on the loud side.
But for those who have the larger units, yes, they better be ready for all the wattage (draw) and heat. And very good point about the rack mountability. Perhaps the depth of the rack is enough to place the PS's in the front or back and out of the way of the air flow? No idea.

3)Do they have their PCBs?  Its a little late in the day to still be designing your PCBs. If your chips are arriving any day that is. KNC had their Neptune PCBs a month ago. Cointerra started manufacturing their PCBs (and enclosures) while their wafers were in fabout. If the chips arrive next week what will they put them in? They have no cases, PCBs or powersupplys.
Agreed

4)Power supplies. If they are buying off the shelf power supplies. Who are the manufacturers and what is the energy efficiency rating. This is pretty critical as cheap power supplies can and do burst into flames.  An inefficient power supply means more power draw at the wall as well as more heat. I wouldn't want anything less than an 80+ Gold from a reliable manufacturer if I was running it 24/7
Mostly agree. They mentioned that the components in their miners will be industrial. I would greatly hope that they stick with that plan there and extend it into the PS's. I have a now decommissioned 80Gh/s btc miner (group buy) and the new High End PS unit (albeit a newer model) lasted about 4 or 5 months before cutting off under 24X7 use. So this is a concern. Amazon offered me a refund as they had no more in stock, so I figured the 80 bucks put into BTC is more than I would mine back minus costs over the next year.


I would suggest the customers here that still have access to their forums put these issues/questions directly to Alpha and see what the response is. Personally I would wait until after the payment processor is up and they publish a more comprehensive update before paying a penny more. Apparently you will have 2 weeks after the processor is on board to pay. If Alpha are on target they should be able to show a working test unit in that time. If not, you should walk away.

You have a nice collection of questions and points. To have this organized with the input of other people and to be posted on their forum seems reasonable.
Thanks for the information.
IAS
762  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 21, 2014, 07:21:16 PM
I'm just trying to not let this go over a cliff.

IAS it looks like it has already gone over the cliff.

The biggest tell is Fiaz's recent appearance here not to answer the large number of reasonable questions and concerns posted by many, but to dispute the Moss Side allegation.

Really … do these guys make you feel confident that they will deliver on their promises on schedule ?


I think confidence of the users reading here is what is totally destroyed.
We still have at least a month for things to work out.

TBH my confidence is much lower, and as I said a few pages back, I may not go through with things.
I don't deny or ignore the dodging of questions and that is mostly what got me alarmed, not what
People here said. Though again, great questions and points were brought up (and specifically by Retro
And Vesper). I just didn't want things to spiral worse and so just spoke up about the personal attacks.
That said, perhaps I would be not so centered if I had more at stake.

AT needs to show us something to bring back the confidence. And I have a great idea.
Maybe we can hold off on paying what we owe until they have a working model? If they are on schedule, and since they said they don't need the funds yet for production, all parties might then succeed.
They did mention something on their forum about late payments. I forget exactly.

Anyway, since confidence is low, a solution emniable to all parties might relieve the
Pressure here.

Is that a strategy that runs the risk of encouraging people to defer asking for refunds until after the refund cutoff date ?

I was thinking that most people placed their orders early on. Wasn't even considering refund cutoff dates.
But like I said, if AT wants this to work, then they might have to do what they can to make people stick around. All or nothing so to speak.
So, for those who fall under a refund cutoff date, AT would have to then extend it out accordingly.
763  Bitcoin / Bitcoin Discussion / Re: Does BitPay actually sell any/most of their coins to investors? on: June 21, 2014, 07:18:44 PM
So, when you see bitpay, etc. Offering extra discounts to retailers, then be forwarned that a price explosion is just around the corner.
FYI: http://blog.coinbase.com/post/88587641102/announcing-merchant-discounts-pass-cost-savings-on-to

I don't think that is exactly what I'm talking about. That seems to be a way for merchants to perhaps pass on e.g. CC savings or the like.
But I imagine it is a step in that direction.

But I did just find this for us end users. Very intersting and many do this anyway - Buy back coins right after purchase. http://blog.coinbase.com/post/89402160917/buyback-bitcoin-after-checkout
764  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: June 21, 2014, 07:09:08 PM
Refresh my memory... How many times now has Litecoin been "officially dead"?

With no developers, no new content added, a dying community, and getting destroyed by ASIC's. Litecoin's 9 lives have run up.

I wonder though, does LTC really need any more features? The presence of ASICs is going to make it quite interesting. Will the network start to centralize? Will Wall St. Want a #2? Remember, even with BTC T 600 bucks app., we are VERY early adopters.

Basically, I'm saying we don't know. I still have 1/3 of my position in it as when we broke .02 I saved what profits I had and rolled 1/2 that into XMR. The alts are nice in this way as you can (still) move things around with no tax implications. Another reason LTC is nice to have.

I get the feeling that when we look back on this time, we are just going to laugh at some of what we thought.
We are still in the womb.

Finally, someone presents a decent view of opinion.

I do agree, sort of, that LTC doesnt need any new features. But it does need adoptance, of which it's lacking greatly atm. Just one company, one needs to adopt LTC and it's price would go back to it's former glory.

True, LTC seems to be falling out of favor. But BIG money, which took btc to where it  now is, might have other ideas. I do think it is smaller players or early adopters getting into the anonymous cryptos EARLY. I don't think institutions will touch those. Who knows, might just be NSA as well. ;-)

Outside big money carrying LTC, I agree that LTC needs more adoption. If it does however start to really tank, that is when we probably see new features. Adapt or die.
765  Bitcoin / Bitcoin Discussion / Re: Does BitPay actually sell any/most of their coins to investors? on: June 21, 2014, 07:02:49 PM
That is a lot of Bitcoins, and I'm not sure how many of those on a daily basis Bitpay could collect and sell directly
to investors, but for the same reason as the SR coins (Not moving the market), I imagine some LARGE investors
would want in. I imagine Bitpay must at least be doing this in part.
My guess is that all the payment processors do this, and as the number large investors wanting in grows, so will the number of payment processors.

I also expect that we'll see the underwriter/investors get more desperate for coins over time, and that will be reflected in the fee structure.

If underwriters are willing to pay a premium above the exchange price, then payment processors can advertise "0% fees" for merchants. Effectively the underwriters would be covering the cost of the payment processor and would use low fees to attract more merchants and thus accumulate Bitcoins faster.

Then you could see payment processors raising their exchange rate so that businesses who use them can advertise cost savings for customers who shop there. Alternately, they could give bonuses to the merchants (negative fees) and have those merchants advertise the situation as discounts for paying with Bitcoin.

All of this would be for the purpose of convincing the customers to shop more so that the underwriters can exit their dollar positions as quickly as possible.

Very well said. So, when you see bitpay, etc. Offering extra discounts to retailers, then be forwarned that a price explosion is just around the corner.

Perfect plan, get us, the "small time" players to spend BTC and for big money to start/invest in payment processors, buy mining gear, etc. Basically to do anything to keep the price as low as possible for them to build their positions.

I almost don't want to spend coins now! Eheheh

I am even more curious now.
Insiders, care to speak up?  Wink

Coindesk, time for a "HIT" "Peace"'
Its about sharing
766  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 21, 2014, 06:45:04 PM
I'm just trying to not let this go over a cliff.

IAS it looks like it has already gone over the cliff.

The biggest tell is Fiaz's recent appearance here not to answer the large number of reasonable questions and concerns posted by many, but to dispute the Moss Side allegation.

Really … do these guys make you feel confident that they will deliver on their promises on schedule ?


I think confidence of the users reading here is what is totally destroyed.
We still have at least a month for things to work out.

TBH my confidence is much lower, and as I said a few pages back, I may not go through with things.
I don't deny or ignore the dodging of questions and that is mostly what got me alarmed, not what
People here said. Though again, great questions and points were brought up (and specifically by Retro
And Vesper). I just didn't want things to spiral worse and so just spoke up about the personal attacks.
That said, perhaps I would be not so centered if I had more at stake.

AT needs to show us something to bring back the confidence. And I have a great idea.
Maybe we can hold off on paying what we owe until they have a working model? If they are on schedule, and since they said they don't need the funds yet for production, all parties might then succeed.
They did mention something on their forum about late payments. I forget exactly.

Anyway, since confidence is low, a solution emniable to all parties might relieve the
Pressure here.
767  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: June 21, 2014, 06:33:13 PM
Refresh my memory... How many times now has Litecoin been "officially dead"?

With no developers, no new content added, a dying community, and getting destroyed by ASIC's. Litecoin's 9 lives have run up.

I wonder though, does LTC really need any more features? The presence of ASICs is going to make it quite interesting. Will the network start to centralize? Will Wall St. Want a #2? Remember, even with BTC T 600 bucks app., we are VERY early adopters.

Basically, I'm saying we don't know. I still have 1/3 of my position in it as when we broke .02 I saved what profits I had and rolled 1/2 that into XMR. The alts are nice in this way as you can (still) move things around with no tax implications. Another reason LTC is nice to have.

I get the feeling that when we look back on this time, we are just going to laugh at some of what we thought.
We are still in the womb.
768  Bitcoin / Bitcoin Discussion / Re: Does BitPay actually sell any/most of their coins to investors? on: June 21, 2014, 04:35:36 PM
they probably do sell some blocks to investors and some on the markets, bitpay use to buy some the coin themselves in the early days, I would imagine the blocks they sell to large investors go for 5-2% below market value or at market value? idk, who knows, speculation


I don't see why they would sell a block at 2%-5% below market value when they could sell it at market value? (Plus their fee).
Selling it at market value sort of removes the service they would be providing, so I imagine they would ask for at least 3% and probably more.
The HUGE benefit to the large investor is that they wouldn't be moving the markets. They could accumulate.
769  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 21, 2014, 03:52:06 PM
The chips are hopefully received sometime in early July. I think we are getting close to the delivery date as the mentioned they paid extra for a quicker delivery.

Well speaking of facts, they didn't pay extra for quicker shipping, they paid for extra chips and to bypass the Q&A testing. This way they get more chips, but they're of unknown quality. This cuts out fab time so it seems like there's a quicker delivery, but the specification will have variance from the design yield.

This means what one chip will do, another may not. Which is just another big red flag. If there's one thing you don't do, it's rush chips out the door skipping Q&A.

This is from May 26th. I'd like to know when AT started the tape out. Taken from: https://litecointalk.org/index.php?topic=2859.msg175063#msg175063
I bolded a few key points.

Quote
"Hi there,

I did say we would try and we definitely wanted to do this as it seemed like the obvious approach at the time however after thoroughly analyzing our options to ship as efficiently as possible with our VP of ASIC development Eric Gunn we decided it was not the best approach if we want to ship ASAP. We did try to hold it off as much as possible (despite cries on this forum for final payment) but taking it now will allow us to order crucial components earlier so we can start large scale all at once. We will not be shipping slowly as we intend to have all units our within a time frame of 2 weeks. Traditionally sample chips are sent after tape-out then 1-2 months after that is when you get your wafer orders sent to you. What we have done is order the majority of our chips all at once with the tape-out, we paid extra for these (20% more) for speed. And getting these  chips with tape-out will take a little bit longer than normal but we will get a huge bulk of chips to assemble into devices so in the long-run we are shipping quicker. So we cannot demonstrate the product yet, if we had the chips to demonstrate a product we would have shipped units by now, this is the fastest way to get the product to you."

ps - You don't have to try rubbing the "speaking of facts" thing in. I'm just trying to not let this go over a cliff. I think it is clear what many think of AT, but reading this thread has become a bunch of name calling, hateful posts, etc. and it makes a real discussion difficult. I'm not siding with anyone but I'd like to be able to discuss the situation as we get closer to a shipping date.
770  Bitcoin / Bitcoin Discussion / Does BitPay actually sell any/most of their coins to investors? on: June 21, 2014, 03:39:54 PM
In light of the recent Federal auction applications which have shown potentially huge buyers lined up for SR's Bitcoins,
I was wondering if Bitpay is doing the same thing? I mean why not charge a 5%-10% premium on coins
collected to parties who agree to it?

This article (3 weeks old) states that Bitpay does $1,000,000 of business a day. That is roughly 1700 bitcoins a day. http://www.coindesk.com/bitpay-now-processing-1-million-bitcoin-payments-every-day/
That is a lot of Bitcoins, and I'm not sure how many of those on a daily basis Bitpay could collect and sell directly
to investors, but for the same reason as the SR coins (Not moving the market), I imagine some LARGE investors
would want in. I imagine Bitpay must at least be doing this in part. I wonder how much it helps/hurts the BTC price...

Anyone?

Thanks,
Its about sharing
771  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 21, 2014, 03:07:37 PM
Found the information about the mining. Certainly interesting as everyone has a chance to get in while the supply is still high for quite a while. 18.4 million coins in total.
Taken from: https://bitcointalk.org/index.php?topic=583449.0 And because of the huge early distribution I think that certainly limits our upside (as has been mentioned) in the short term.

Roughly 86% mined in 4 years (see graph).

772  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 21, 2014, 02:00:40 PM
I know full well how many dollars of new investment is needed each day to retain the valuation.

As with BTC, it does not matter what the price is. What matters is how many % of the coin you own, if the technology is sound and has a potential to break out. MRO was the first coin with interesting technology and fair launch. That's why I hold approx the same % as I hold BTC.

I mentioned this in ToF, so let it be known here also that I like MRO very much at 0.002, I like it at 0.004, but would not buy over 0.010. Going to 0.020 in the immediate future is a sell zone with an intention to buy back at 0.010 or less.

Emphasis new.

.02 may be a pretty fair valuation considering the volume is consistently rising everyday, and mintpal (which is larger than both plx and bter) is adding it Monday.  We may even see .01 consistently before Monday.

We are a bit ahead of our time, in the sense of being ready for the masses. The developers are still working on getting the bugs worked out as this is no BTC clone. (Which is a great security blanket.)
We don't even have a GUI wallet yet and that is not scheduled for months from now. To boot, be sure other coins will be released, not to mention 2.0 coins, that will take some of our thunder.

The "issue" that has been brought up is that the coins mined over the next 2 years is relatively high and since Bots are involved that is going to a fair amount of downward pressure.
Does anyone know the rate of coin distribution/mining over this period of time? (Sorry, forget the proper terminology here.) I'd like to see the number of coins that can be sold in this two year window. I wonder what % of miners the bots make up, or will make up.

Its about sharing
773  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 21, 2014, 01:55:36 PM
What we have learned from the last update is that there is no case manufactured, no chip boards, no PSUs, no heatsinks. PSU, included in the price, is now out of the case. As we know chips are not produced as well. So what's left?


Here is the first part of the recent update:
Quote
We are aware it has been some time since an update and do wish we could apprise more often. This is something that can only be done when it makes sense and we cannot do this on demand. At this moment there is a lot of tweaking and preparation while we wait for the chips as such there isn’t much to show yet. We will soon be releasing a much larger update with full specifications but we wanted to release something smaller now as we do appreciate it has been a few weeks.

In terms of the tweaks due to the increased hash rates: each board will now be 50Mh/s thus the 250Mh/s unit will have 5 boards and of course the 50Mh/s will have 1. 1.2Mh/s per chip was our original worst case figure but we now know each chip will be able to give 1.4Mh/s. A single one of our boards will have provision for 36 chips thus the boards will be slightly higher at a minimum of 50.4Mh/s possibly more we will know when we get the final chips and of course inform you. The worst case power per chip is envisaged to be around 9W and there is every chance we can significantly lower the final output which we very much want to do but more on that in the next update.  We will also be releasing a full guide on how to use the miners both with the WebGUI and without it before shipment (which will begin somewhere from the 15th-31st of July). We are currently producing the power distribution boards, the power from the SMPS will be distributed to every other board from this one.

In order to prevent the obstruction of airflow and to avoid cooling issues the PSU’s will be external; this also serves to reduce the needed size of its enclosure. The connectors will be kept outside so that customers can directly connect the power supplies externally. We will provide these power supplies for you, they will no longer be custom but bought off the shelf so they will be easily replaceable should the need ever arise. In addition they will already be fully certified so do not worry about there being any issues with customs as a result of this. The enclosure will soon be finished and aside from informing you of its final size in the next update we will be sure to release an image of it as well as displaying the external power supply so you will soon know exactly what the miner looks like. Some good news for 50Mh/s customers is that we have decided to use the same enclosures for both models; this will now allow 50Mh/s models to be upgraded up to 250Mh/s after shipment should they ever want to


Well, it is June 21st and the stated delivery date is between July 15-31 (app.) We have around a month and then some.
The chips are hopefully received sometime in early July. I think we are getting close to the delivery date as the mentioned they paid extra for a quicker delivery.
Let's hope the chips are working ok. These are ASIC's and not complicated CPU's or the like so I hope they got them right.
I think the difficult part will be tuning the ASIC's to get the expected hash rate. The last Group Buy I was involved in took a few days here I believe.
 
Is it not feasible to fabricate a basic case and have it ready within a couple to three weeks? And have the innards ready by mid July? Then assembly.
This is not my area of expertise. (Please someone jump in here that knows the process better.)
I know KNC set the bar with delivery (at least in the past), but it seems reasonable for Dexcel (with years of experience) to be able to have these things ready sometime in mid to late July
if they have the innards by then. I don't think the case is a big worry.

To be conservative I'd say we are looking at late July. But lets see how the end of this month goes.
As I said before I don't think the personal attacks helped but the pressure on the company is heavy and hopefully they are in high gear now. Lets just hope things outside their control
are on our side.

Its about sharing
774  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 21, 2014, 09:58:33 AM
we have lost sight of sticking to the facts.

IAS, lets not blame the messengers.

You sound like the guy who told people not to shout fire in the theatre after the curtains started smoking.

I have been very clear that sharing the information is good. I'm simply saying not to change the "attack" to a personal one.
Don't now change this into me blaming messengers. Just go back a few pages and look at my comments to Alpha (which actually got a reply as I stated I might not now go through with
the purchase unless something changes majorly.)

But my "Don't make it personal" comments seem to actually have been taken personally, judging by the replies and continued personal attacks. (And they continue here).

Now you compare the potential deaths of people in a burning theatre with my not wanting personal attacks is doing exactly what you accused me of. Another logical fallacy to the list, take your pick at how many you just covered.

Emotion, is more concerned with being right than finding truth.  I just hope we have not cut off our nose to spite our face here.

775  Alternate cryptocurrencies / Altcoin Discussion / Re: rpietila Altcoin Observer on: June 21, 2014, 09:45:02 AM
Monero (XMR) added to Bter:
https://bter.com/trade/XMR_BTC

Said to be added to Mintpal on Monday.

Thanks for noting that. I just looked at the order book, and talk about thin! Of course XMR was just added, but all the same.
There are hardly any buy orders and the sells on the way up are reasonable but if it starts to move, will be eaten up.

Now I find myself in an interesting place. I had no plans for XMR to be at these levels and I'm temped to sell some
but at the same time I feel confident in the next few months of development and it is less stress to sit and wait.
Thanks Rpietila for mentioning the coin. I wonder how much of the attention is actually do to that here...

As another poster mentioned, I wonder what governments will do with the anonymous coins? But even then, Dark Wallet
and other anonymizing wallets/software will get the same thing accomplished, so this will get interesting. I think governments
will prefer being or rather thinking they are "in control" though. Computer savy people, and barely so at that, will always find
work arounds. The thing is, this field is just getting started and it might run away from governments. Remember, we are VERY
early adopters still. Most people when they hear Bitcoin don't even have a clue and I work with many tech savvy people.

The Trojan Horse has already had offspring and more are on the way. I'm not sure governments will easily be able to
control Cryptos. Which is great as governmental structures are weakening as it is and Cryptos just hasten that.
The days of printing money to get what you want are becoming numbered.

IAS
776  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 20, 2014, 10:50:30 PM
There are a lot of UK buyers, why hasn't someone gone over there recently (such as the past few days) to see what's going on? Someone on the ground and on site may be able to discover more than just going through forums.

Full disclosure - I do not have an alpha-t order (thankfully).

When alpha-t first announced, I asked my oldest son, who lives near Manchester and frequently travels internationally, if he would mind going round to their offices and give me the benefit of his impressions of the people and place.

He declined, describing it as 'A very dodgy part of Manchester'. He didn't feel comfortable there and I didn't push him.
That told me everything I needed to know ...

Alpha Technology (INT) Ltd
66 Dickenson Road

Moss Side Family Unit Address:69 Dickenson Road City:Manchester

Top 10: Dodgy British Neighbourhoods
Why is it dodgy? The name Moss Side is enough to send chills down even the toughest hooligan’s spine; a notorious inner-city area of Manchester cluttered with council blocks, it is known as a capital of murder and mayhem, and not the kind of place you go to live happily ever after. The neighbourhood is largely controlled by gang members – said to be up to 500 in total in Manchester – with drug dealing, turf wars and theft a way of life here. Avoid, at all costs.

Our address is Rusholme not Moss Side, a simple Google search would tell you this.


My apologies.  I guess Moss Side ends 3 units down from you.  Not sure if its any better in Rusholme though....


Great, now we are dealing with Logical Fallacies as the basis for arguments.
Let's see, which category does it fall under? The units are being made in India but the location of the organizational team is being put in question due to the neighborhood?
So basically, with this type of ideology we should not support lower socioeconomic areas?
BTW - The logical fallacies covered, include but are not limited to: Red Herring, Ad Hominem, Appeal to the Popular, Begging the Question, and on and on.

Let's keep this fact based. Again, instead of name calling let's keep this on track.

I'm just concerned that theft is a way of life there....

So, now it is guilt through association? Neighborhood no less?
How about the families nice standing in the community, business wise?
If you are going to judge an issue, look at all sides. Don't collect select data.

I'm not against the facts presented as I just stated in my last post here (and in other places in this thread), but when the energy of the thread is just falling apart and becoming personal, conjecture, fallacy based, purely negative, etc. then it is time for everyone to take a breath and step back. No good can come from a factual argument becoming emotional. It is the proverbial snowball headed down the mountain. Things may not look great, but judging by this thread one would think we are 3 months behind schedule.
Emotion, especially when it gets to the before mentioned level, seems to be more concerned with being right than finding truth and that is a dangerous place to be.
No harm can come from just sticking to what we know and trying to be a bit more factual and less personal. (like in the recent past actually).
777  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 20, 2014, 10:43:23 PM
You didn't answer my question.
I'll leave it to the individual to judge whether my posts have been of help to them or not. But if you think me pointing out the holes in Alpha's stories makes me the bad guy, I can't imagine what you think of Alpha for trying to feed them to you.

I clearly said your "research" posts have been of help, I explicitly have mentioned that in this thread. And I'm not calling you the bad guy. Do not cloud my point.
Does the name calling really help anyone out here? The argument has become personal, and we have lost sight of sticking to the facts. That is my point.
778  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 20, 2014, 10:28:55 PM
There are a lot of UK buyers, why hasn't someone gone over there recently (such as the past few days) to see what's going on? Someone on the ground and on site may be able to discover more than just going through forums.

Full disclosure - I do not have an alpha-t order (thankfully).

When alpha-t first announced, I asked my oldest son, who lives near Manchester and frequently travels internationally, if he would mind going round to their offices and give me the benefit of his impressions of the people and place.

He declined, describing it as 'A very dodgy part of Manchester'. He didn't feel comfortable there and I didn't push him.
That told me everything I needed to know ...

Alpha Technology (INT) Ltd
66 Dickenson Road

Moss Side Family Unit Address:69 Dickenson Road City:Manchester

Top 10: Dodgy British Neighbourhoods
Why is it dodgy? The name Moss Side is enough to send chills down even the toughest hooligan’s spine; a notorious inner-city area of Manchester cluttered with council blocks, it is known as a capital of murder and mayhem, and not the kind of place you go to live happily ever after. The neighbourhood is largely controlled by gang members – said to be up to 500 in total in Manchester – with drug dealing, turf wars and theft a way of life here. Avoid, at all costs.

Our address is Rusholme not Moss Side, a simple Google search would tell you this.


My apologies.  I guess Moss Side ends 3 units down from you.  Not sure if its any better in Rusholme though....


Great, now we are dealing with Logical Fallacies as the basis for arguments.
Let's see, which category does it fall under? The units are being made in India but the location of the organizational team is being put in question due to the neighborhood?
So basically, with this type of ideology we should not support lower socioeconomic areas?
BTW - The logical fallacies covered, include but are not limited to: Red Herring, Ad Hominem, Appeal to the Popular, Begging the Question, and on and on.

Let's keep this fact based. Again, instead of name calling let's keep this on track.
779  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 20, 2014, 10:16:54 PM
I couldn't believe it either.

These guys have their priorities ALL wrong.

Fiaz is in the wrong job, as PR/ Social Media expert, I'd have fired him long ago.

Awful... truly awful.
Fiaz is probably the friend they had that knew how to turn on a computer. My dog probably has more PR experience than this spineless buffoon.

I can't wait to see what he comes up with next.

I wonder, if there is any hope of succeeding here, do you think you are actually helping things out with the name calling, and with going out of
your way to help destroy customer confidence? I'm all for laying out the facts and investigation, so don't get me wrong, but it seems
like a riot is being started and the sinking of the ship is now being assisted with negative expectations, energy, etc.


Really?? Did you read his post? Of all the questions he could have answered. People are clamoring for information about refunds, the state of the chips, enclosures, cooling, payment processor. He chose to reply to a post about their location.

So yes I think he is spineless and yes I think he's a buffoon. Your opinion may differ but I stand by mine.

You didn't answer my question.
780  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 20, 2014, 09:15:59 PM
I couldn't believe it either.

These guys have their priorities ALL wrong.

Fiaz is in the wrong job, as PR/ Social Media expert, I'd have fired him long ago.

Awful... truly awful.
Fiaz is probably the friend they had that knew how to turn on a computer. My dog probably has more PR experience than this spineless buffoon.

I can't wait to see what he comes up with next.

I wonder, if there is any hope of succeeding here, do you think you are actually helping things out with the name calling, and with going out of
your way to help destroy customer confidence? I'm all for laying out the facts and investigation, so don't get me wrong, but it seems
like a riot is being started and the sinking of the ship is now being assisted with negative expectations, energy, etc.

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