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1  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: October 19, 2014, 05:21:15 PM
Trezor....

please fix the plugin.
The device is currently unusable!
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: August 15, 2014, 05:45:33 PM
Update on my attempt to get a refund on my deposit:

- filed online with paypal...got the automated "outside the 45 day" response

- called paypal...was told to tell my bank to initiate a chargeback and that paypal will then gladly help

- talked to my bank...was told my debit card was only protected for 90 days

- called paypal again and explained the situation...this is where it gets interesting. I was told that my ticket was now escalated. Paypal is monitoring the amount of complaints they're getting and the more they're getting, the faster they will act.

Don't give up. Keep calling paypal until they give you a ticket number!
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 22, 2014, 05:22:24 PM
Its About Sharing,

The thing is all those things you mentioned were promised in the original deal that customers payed for.  It would be a little like paying an extra 5k to have leather seats in your car, then you go to take delivery and the seats are cloth, and the sales guy tries to tell you how cloth is better cause you won't burn yourself on a hot day (but of course won't give back the 5 grand). 

You like to ask questions, so here is one for you.  Why do you think this is going to turn out well?  It is obvious to anyone that doesn't have stake in this company that they will not be completed on schedule.  And even if it is, do you really think they are going to send it to you?  They are very open about also building a cloud mining operation.  Do you really think they are going to give you machines first and then themselves?  Given that they have no contractual delivery date with you can deliver whenever they feel like it, or not at all?

It isn't like this company came along and said they know how preorders have gone in the past and they wanted to do it different, and then did things different.  This preorder has gone so far exactly like every other proerder ever, and we all know how those turned out for customers.  So my question to you is, given that they have done things exactly the same, why do you think this will somehow turn out different for customers?

I'm not sure I follow your analogy. We have went from a 5Mh/s miner to 50Mh/s miner. A few extras were pulled, which would be analogous to bells and whistles in a car, and replaced with a lot more H.P.
No, you went from having no miner, to having no miner.  You went from 0Mh/s to 0Mh/s. 
Regarding do I think they will send it to me and not mine. I most certainly do. I'm not sure if you are projecting what you would do, but when a business tells me they are not going to use my device before shipping it AND that they are not getting in the mining industry, I take that at face value....
Its about sharing
Let me word it another way.  They have specifically worded the contract in such a way that they are under no obligation to deliver a device to you in any specific time frame, or even at all.  They go out of their way to make that point clear.  If they have every intention of delivering to you first, and not themselves, why word the contract like that?  Reminds me of a deal I was involved in years ago where the customer wanted to put some ridiculous clause in the contract that in effect, would have allowed them to accept our services rendered, and then not pay us.  I refused naturally.  They argued with me to some length about how they would never actually enforce that clause, it was just something they put in all their contracts.  I argued back that if they were not planning on enforcing it, and wouldn't enforce it like they promised, then it didn't need to be there at all. 
Anyways, the point is, they built a mining operation, and at the same time as they were building their mining operation locked people into contracts with no delivery date.  These were not mistakes or accidents or coincidences.  6 months from now when people actually get their machines no one will even remember what was promised, all that will be there is what is written.  As a general rule, that is how businesses operate.
One thing is for sure, I'm in the wrong line of work.  I need to stop dealing with businesses and start dealing with the general public instead!

You assume the wording of the contract is malicious, when I  simply see a company, that wants to protect itself from the unknown.

- AT said Q2/Q3 for delivery at the very beginning
- before Gridseed and Company even came out with their ASICs, AT changed that to July

If I am out to scam people, why would I not just stick with Q2/Q3?
I already have all the pre order money. I could then produce the chips, put them to mine in July, tell people to pay the balance, because I'll ship in September.

Please understand, that I'm just as concerned about some of the things that are going on, as most AT customers are, but I refuse to brand AT as a scam, when there is zero evidence to support it.
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 22, 2014, 05:22:25 AM
Its About Sharing,

The thing is all those things you mentioned were promised in the original deal that customers payed for.  It would be a little like paying an extra 5k to have leather seats in your car, then you go to take delivery and the seats are cloth, and the sales guy tries to tell you how cloth is better cause you won't burn yourself on a hot day (but of course won't give back the 5 grand). 

You like to ask questions, so here is one for you.  Why do you think this is going to turn out well?  It is obvious to anyone that doesn't have stake in this company that they will not be completed on schedule.  And even if it is, do you really think they are going to send it to you?  They are very open about also building a cloud mining operation.  Do you really think they are going to give you machines first and then themselves?  Given that they have no contractual delivery date with you can deliver whenever they feel like it, or not at all?

It isn't like this company came along and said they know how preorders have gone in the past and they wanted to do it different, and then did things different.  This preorder has gone so far exactly like every other proerder ever, and we all know how those turned out for customers.  So my question to you is, given that they have done things exactly the same, why do you think this will somehow turn out different for customers?

I know you asked IAS, but I hope you won't be offended if I jump in.

The highlighted above is a bit of a stretch, since you are basically saying that all people (and companies) are the same.
I choose to give someone (or a company) the benefit of a doubt, before I crucify them.

The question on my mind is not, whether AT wants to do right by their customers. I truly believe they want to.
The real question is if they can.

Our position as customers is not actually that bad, since we have two weeks from the date that the payment processor is up, to pay the balance. By then, they should have something of importance to show us.

So, right now, we have the luxury of being able to wait for the real update, since this last one was forced by many on their forum.

My 2 cents

How is it a stretch at all?  We know they are miners.  They have said as much.  We also know that if by some miracle they can pull this off, they will for a very very short period of time have in their hands the most powerful miner on the market.  You honestly believe they are going to leave millions of dollars on the table and ship those miners to their customers?  Really?  Bearing in mind that the contract with their customers specifically states that there is NO guaranteed delivery date and they can deliver whenever they want, or not at all (essentially refunding instead)?  Put another way, say YOU had a couple hundred 250Mh/s miners right now.  Would you really head down to Fed Ex tomorrow and ship them off, or would you wait a while, make some money, and THEN sell them?  All due respect, I think it is very naive to think they would leave all that money on the table.  I only mentioned other companies because to date, no company has picked their customers over themselves when placed in that position.  So it seems to me a bit like a little kid who has stuck his finger in every electrical outlet in the house but he is going to do it one last time because hey, this outlet may be different.  

But the question still stands.  What has this particular company done differently that makes you think this is going to turn out better for the customers than all the other preorders before it?

You know we could discuss this questions to oblivion. What I highlighted is the real question.

I believe AT wants to be in the Asic business, not the mining (at least not for now). If that is true, then they will send them out as soon as they get them, even if they want to make money mining. With the good press they would get, there would be an immense amount of money coming in for batch 2.
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 22, 2014, 04:57:29 AM
Their cooling lingo just caught my eye, after re-reading their update. They're saying how you'll *have* to have an official air cooling system (air conditioning, etc) to compliment their gear, instead of just relying on fans. That's kindof odd.

I'm not saying it isn't smart, or that it wouldn't help, but it shouldn't be a requirement if the system is designed with proper thermal dissipation in mind. The PCB's need wide copper lines in the right places, and you just need the right cooling on the chip itself. I've seen Blade units stacked in hot rooms without issues, so why would AT's stuff "need" extra cooling? Especially running at lower wattage.

Unless it's their way of legally wiping their hands of instability issues down the road, with chips with high variance of quality.

Is it just me, am I mis-reading their wording?

I do not see anything about having to have a special air cooling system in the update.

Spreading FUD much?
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner on: June 22, 2014, 04:43:29 AM
For those of you that got burnt by these guys despite all the warnings given by other forum members and photos of the said workshop, fear not, for I too am releasing my own 1000Mh/s miner in a couple of months, and am accepting pre-orders. Just send 2BTC to 1JFm3AuzB7HB56ZvycEd1KKiFRKEG8WeZt and I'll do you a special deal! I'll even throw in a set of free steak knives for the first 100 orders.
Oh man...you ain't even right!!  Didn't lose any money personally with these guys but a good friend of mine paid for his entire order in BTC.

Your friend paying the entire order in BTC makes no sense at all because:

-BTC payments where not available for pre order deposits (if I remember correctly...go ahead and correct me, if I'm wrong)
-paying the balance was not necessary, since it was made clear by AT, that you have two weeks after credit cards where accepted to pay

What am I missing?
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: June 22, 2014, 03:47:43 AM
Its About Sharing,

The thing is all those things you mentioned were promised in the original deal that customers payed for.  It would be a little like paying an extra 5k to have leather seats in your car, then you go to take delivery and the seats are cloth, and the sales guy tries to tell you how cloth is better cause you won't burn yourself on a hot day (but of course won't give back the 5 grand). 

You like to ask questions, so here is one for you.  Why do you think this is going to turn out well?  It is obvious to anyone that doesn't have stake in this company that they will not be completed on schedule.  And even if it is, do you really think they are going to send it to you?  They are very open about also building a cloud mining operation.  Do you really think they are going to give you machines first and then themselves?  Given that they have no contractual delivery date with you can deliver whenever they feel like it, or not at all?

It isn't like this company came along and said they know how preorders have gone in the past and they wanted to do it different, and then did things different.  This preorder has gone so far exactly like every other proerder ever, and we all know how those turned out for customers.  So my question to you is, given that they have done things exactly the same, why do you think this will somehow turn out different for customers?

I know you asked IAS, but I hope you won't be offended if I jump in.

The highlighted above is a bit of a stretch, since you are basically saying that all people (and companies) are the same.
I choose to give someone (or a company) the benefit of a doubt, before I crucify them.

The question on my mind is not, whether AT wants to do right by their customers. I truly believe they want to.
The real question is if they can.

Our position as customers is not actually that bad, since we have two weeks from the date that the payment processor is up, to pay the balance. By then, they should have something of importance to show us.

So, right now, we have the luxury of being able to wait for the real update, since this last one was forced by many on their forum.

My 2 cents
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 13, 2014, 03:39:56 AM
Here is their latest update:

http://alpha-t.net/wp-content/uploads/2014/02/12th-feb-2014b3.jpg
9  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Development on: February 03, 2014, 12:50:49 AM
Hi All,
I have been wondering about something. If and when the devices from Alpha are shipped from India, the customers in other countries like UK will end up paying significant VAT. I imagine that is about 20% of the price of the device, in addition to this there would be some customs delays. I am based out of India so that is not a problem for me but I am wondering about what others are doing about this.
Why don't we have some company in India offer hosted mining services and simply send the LTC/BTC to the wallets. The company can pocket some % of the savings on VAT and operating expenses. Some people from the community can go and vet the company, may be get Alpha to endorse the company.
You comments are solicited.

Thanks and Regards,
Aditya


For UK customers, this has been answered here:

https://litecointalk.org/index.php?topic=2859.870
10  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Group Buy Alpha Technology Viper 25 on: January 28, 2014, 01:04:31 AM
I am sure the Litecoin devs will change the Algorithm to combat this.  
Wat?!?!!?! Is their any statement that hint this?

I am speculating with that comment but I have seen it posted other places. I thought that (Scrypt)Litecoin was created to bypass the ASIC mining market? was it not?

Yes it was. However, units that produce at 5MH/sec or even 25MH/sec will not make a ding in this picture and I highly doubt, that we're going to see units of 1TH/sec for scrypt any time soon.

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