The NSA does a lot which can provide great personal gain for any of the individuals working for them. The trick is to keep the workers happy.

A good update it seems.

I believe what has a lot of folks concerned, or.. lacking faith, is the simple math behind the equation. Even doubling or tripling the average trade fee, and increasing the volume of trades, it would still take years (I believe it was last caluclated at 14 or something), to repay everyone. Who knows what it would be in reality.

Also there was no quality communication for quite awhile, even in IRC. This probably caused a lot of issues.

It was disconnected last I heard.

Most companies don't ban you from their customer support forums. They might delete a post they don't like, but not a ban. That's the equivalent of blocking you from calling their phone support because they didn't like your voice.

There's no reason it wouldn't work, I've done it numerous times for odd applications. It's easiest if you get multiple of the same model PSU, but regardless the execution is the same. You tie pin 16 (green/power-on) of all of them together, and when it's grounded they'll all fire up simultaneously. Quality PSUs will do just fine.


I speculated this back in May, as I was familiar with the process as well and their story wasn't adding up. Especially since the design company cut ties with them publicly.


I'm probably one of the few people who would say you could cool 2kw in a case of that design, you just need to have the proper cooling plan, which I doubt they have. Keep in mind, their design has changed yet again, and they're claiming magical fairy-land efficiency, saying they'll outdo even the KNC giant. Greater efficiency = less heat. Who knows.. maybe they'll pull off the cooling, but that's if this is even legit.

My useful information, along with anderl and retro's, is what has been helping the community. Your lawyer said no, then that's fine. This is still an open topic thread. So far, you've ruined one whole page with your large embedded quoting of telling people they bother you. Please refrain from requiring everyone bow to your preferences. Glean from this thread what is useful to you. Reading back 10 pages will provide all of your answers.


bumface, you're correct in looking at the PSU situation that way. Their recent change of heart was that they would include the appropriate power solution, which should save you this extra expense--though shipping and VAT on it will hurt.

You know an alpha-lawsuit webforum has been setup aggregating all of this right? Your frustration is understandable, but this is an open forum whose only topic is Alpha Tec. So to be 'on topic' would be for you to actually go to the lawsuit webforum.

I believe it is http://www.alpha-viper-group-action.com/

It sounds to me like the chip has been entirely re-designed and sent to fab. That's the only thing I can think of for them to drop off 2/3rds of their original quantity of chips per board, and maintain the same (or better) hashrate. Which would mean.. total crash and burn first time around.

Well, at least they have a case and some progress in that department, and it looks stamped so at least it appears they were working on that for more than a few days. Regarding the PSU, originally it was to be inside the units, then they were going to put it outside, then they removed it from the plan altogether and were going to have customers provide their own, and now they said they would include them, but it appears they'll be external.

This brings up a teachable moment for Alpha and others. Without folks who've been here from day 1, and others who have been aggregating this info, nobody would have a timeline today of the progress. You know, that basic feature of project management and transparency where you lay out your goals and plans and let folks know if you've made them or not? Instead of just providing nebulous updates of "soon, things happen."

If we could put cameras in their offices, it could make for a great show.

Don't forget, they promised credit as a method of payment, and it was revoked. They now have no way for you to pay the order, and are still penalizing you for it.

But you're expecting them to ship in september?

Even if they did, it's still going to be a loss. Just tossing out some random numbers here, 250mh @ 200watts @ 0.10$/kwh on litecoin @ 100k difficulty would give you $500 in a month. That's precluding rise in difficulty, and the fact that those power numbers aren't even realistic.

250mh at those specs with TODAY'S difficulty, would get you almost a positive ROI in 45 days. Almost. And that's precluding the rise in difficulty as well.

Unless your angle is to use legal leverage when they don't ship.

Either way, Alpha's window to provide customers with a worthwhile product passed long ago. At this point, if they ship, the best thing anyone can do is mine with it while having it up on ebay for sale to some poor sap.

Here is the link, since apparently some folks can't see it popping up: http://s24.postimg.org/f722yxcfp/alphawithpower.jpg

It's in the image in my post.. you can't miss it. Look at the image, about 3/4 of the way down. The really wide sentence which goes to the edge of the screenshot.

So I was browsing their site again, for giggles, and noticed something which caught my eye. Now, the last CE/PSU update I could recall, they were going to require the customer to provide the PSU and they would simply provide the connector. Now I see on their site that they're including CE'd PSU's once more. Maybe I'm wrong and they did change it and I missed the update, but thought I'd share.

Also for anyone who hasn't seen it, check out their terms overview: "If at any point you request a refund...your order will be revoked to be resold to other potential buyers"

Considering they have tons of unpaid orders, I'm surprised they're "out of stock". Unless they plan to keep those miners..

Yup.. right now people make about a quarter of what they would've been otherwise making. I wonder where that price will be when it drops in half again, to 105 pot per block, in 2 weeks.

Potcoin has had lots of movement in the community lately, hope you guys keep it going.

They claimed that after the first tapeout disaster, someone came along and pumped them with money to carry them through to the end.

That's a lot of "guidance".

It's still hard for some folks to swallow the load of reality which is this situation.

I brought this up awhile back, I found it odd that a proven chip design company designed a chip which didn't work. My first thought was that perhaps something went wrong in the foundry, afterall AT claims to have paid for silicone which didn't go through QA testing, in order to get it faster.

My other thought was, if in fact they were scamming, then it was a ruse all along: Paying for bum chips, and having something go wrong--all so they could build themselves machines to mine with on your dime (aka, for free), at which point they would ship them out in "September", having already ordered another batch with the new money. Remember, they did say they would build an in-house cloud mining center for the customers--and then stopped talking about it.

The other scam thought was that none of this ever actually happened--there was no design and no foundry. We do know that Drexcel, when contacted, claimed to not know who AT was and denied any relationship with them at one point.

Who knows..

Hash now has always been proven to be better than hash later, regardless of power consumption. 44mh from here till oct would be better than 44mh oct-infinity.

Or, at this point for most Alpha customers, just spend $799 on the coin you wanted to mine, and hold it.

That's up to Alpha honestly.

Marco, I've heard good things about GAW, including gear being delivered 2 days later (in the US) after order.