Anyone know what the power consumption is on these beasts? Last calc it was around 14W, now that they need to be overclocked to reach the advertised hash rate probably pushing 20W per 1Mh/s. That's double the power usage of their competition. Maybe they should wait another year while they make more changes to it. To ensure the customer gets the best possible product.

I'm sure if they could have shown a device running at 250Mh/s they would have. Plus it looks like the same old beat up case from the previous videos, implying they only have one case made. Hilarious, these guys are absolutely hilarious.

I get a security warning now when I try and go to their Forum. I can view the homepage okay, but when I click on the forum I get a security warning saying that the site certificate doesn't match. Who knows what's going on? It could be hackers redirecting traffic, or them trying to scare people away. Either way I'm glad their site is crippled.

Alpha Sprouts is probably waiting for LTC's reward to halve, which is soon. There are no scenarios in which their miners can run profitably, period. I don't believe for a second they are doing anything to build a product at this point.

Unfortunately their website has worked for me. Checked it a couple of times the past few days. They should pull it down. The whole thing is a farse. They have no products to sell and can't even operate a telephone. The website is pure propaganda.

Thank you for explaining 120 vs 240V, I always forget the mechanics of it.

Since Europe uses 240V power versus the USA's 120V, wouldn't that mean you guys get twice the power per KWH? My brain hurts when I have to think about 240V. Regardless of where you live it doesn't make much sense to plug your Vipers in, unless your stealing electricity. Not something that is advisable unless you enjoy having the power company shut off power indefinitely at your address, whether your willing to pay for it or not. It's easy to steal if you know how, and apparently easy for the power company to tell as well. There are meters everywhere all communicating in real time. My advice, don't even think about it.

Let me get this straight. Their miners will run at 14 Watts per 1Mh/s which means:

If you had your rigs right now, say the 50Mh/s Viper, and you pay $0.10 per KWH as we do in the Florida. A 50Mh/s Viper would currently earn $1.80 per day in LTC, of which $1.68 goes to cover power costs, leaving $0.12 in profit. If you ran it for a year straight, assuming no changes in price or difficulty, it would earn $43.88 annually. With the cost of a 50Mh/s Viper at approx $1950 USD it would only take about half a century to ROI, yes that's 50 years.

I have to say I'm actually surprised that these things even make that much, I fully expected it to run at a loss. Why are they still working on this paper weight? There is no demand for it, why make it at all? Just ship people a metal box with a hair dryer inside of it along with some blinking lights and call it a day?

They are trying to leave a paper trail in hopes of avoiding serious criminal wrong doing. They sent out this update to look good in court, none of it can be trusted. They wouldn't know the truth if it hit them in the head.

Amex will eat the losses in some cases, this I'm sure. They do not like to use their own money to refund customers, but if all else fails it is an option. For some reason i think that Amex ate the loss, I seriously doubt Alpha Sprouts Tech has any funds sitting anywhere. They are accountants after all, or are they just as bad at that as they were with this latest scheme. Wouldn't surprise me if they were.

I did have a post deleted from this thread a while back. I was mocking their announcements and my post got deleted within 24 hours.  Since then I have lost interest in this scam. They may have moderator power here, which reflects horribly for this B.B.

I've officially completely lost interest in what happens here. In all likely hood Alpha Sprouts Tech probably built a single prototype, they never got it working correctly, and they will never ship a thing to anyone. This is so far beyond absurd that anything that happens at this point, won't even matter.

With 3,600 new bitcoins being pulled out of thin air every 24 hours, due to mining, I' wouldn't be surprised if the whole thing collapses. No new money is going into BTC and a flood is being converted to fiat. We might get a repeat in a few years where the value sky rockets due some problem with the banking system. I might start steadily buying up BTC when it looks like it couldnt get any worse, however we are far from there at this point.  

As far as Alpha Sprouts Tech, they are not going to be able to survive these conditions. They haven't shipped anything and most likely never will. They are dead in the water and its plain as day for all to see.

Wow with the price of BTC crashing and expected to fall into the $100 price range as scared sheeple dump coins on the market. By the time Alpha ships a thing there won't be much left mining much of anything. Litecoin is going to fall below a dollar and already many people live where electricity costs so much that it would be cheaper to just leave their Alpha-T Viper unplugged by the time you get it.

Come on Alpha Sprouts, tell us some stories. Tell us how much progress you've made and how great you are. Then explain that you won't be shipping anything because of someone else's fault, delays, blah, blah, excuses, lies, etc...

Unofficial Update for Alpha-T:

Greetings fools,

We are proud to announce that we are days away from more shipping delays! This is all so that we can better serve the suckers that bank rolled this gravy train. We have finally gotten half of our chips to run correctly and have decided to hold off on shipping any units until they are perfect in every way. Currently we are burning up all of the existing chips because we'd rather mine with them then wait until they're running correctly. Once we've gotten all of the kinks ironed out we will send you all of our old crappy chips in units that will work for at least 60 days. If it fails within this time period, pay $400 to ship it back to us and in 6 months time we will get it replaced with another unit with your warranty picking up right where it left off, because we know these things will be lucky to run for a week without a break down.

We plan on shipping Q3 of 2015, but we aren't promising anything, we may choose to delay shipping until we are bankrupt as to avoid the whole order fulfillment nonsense.

crickets.... I think this thread has finally run its course. No more updates, no product to speak of, no company to speak of, the end.

Having been a whale a one point, you'd understand that people who invest 100k + know how to keep cold wallets offline leaving only a few hours worth of BTC in their live wallet at any given time. Plus people doing this on large scale will typically cash out several times a day to maintain an average selling price within market fluctuations. Go after the pools, not that I condone that, but the big miners know how to protect their coins. Pools are probably the easiest target.

If you had your promised 250Mh/s Vipers you would be earning, assuming in a perfect world you'd be earning about $5 in profit paying $5 in power and pool fees. Assuming 0.10 cents per KWH. In reality you'll be lucky to hit 75% of your daily mining calculations due to pool lag, bad pool luck, pool fees, and poor pool performance. If they don't ship their customer's miners soon there's going to be no meat on the bone at all. Just a bone, one that been picked clean. Thank you for your business, we will be opening batch two for those who didn't learn their lessons the first time around. Either that or they'll go bankrupt. Why they haven't already confounds the mind. It would protect them from all these court judgments against them. Unless they plan on stalling all of that until they have no choice but to fold. This place is really a disappointment to put it lightly. Can you believe it's been about a year since people paid for their products that would be shipped in 6 months, sounds crazy looking back that anyone would believe their crazy claims in the first place.

Why they haven't already confounds the mind. Their name is mud, their products are worthless, what are they holding on to? Just do it already, no one wants their near worthless miner anyhow.

Happy New Years to all, and especially to those screwed by Alpha-Sprouts Tech.

Even if you had your Vipers and they actually ran to spec, the 250Mh/s unit would be earning a whopping $8.17 after paying $4.50 for power (assuming 0.10 per KWH). Calculating a 10% increase in difficulty each month means you have no hope of ever seeing a return on your investment. Besides, these numbers are assuming you have the units in hand. After waiting another 6 months for them to run out of excuses and finally ship their product, they will essentially be worthless.

Can't they just use any old bitcoin client wallet? Why this BitPay in the first place? Next they will ask you to send the funds via Western Union through Nigeria, or have you send cash through the mail. LOL

They don't even care enough to spew lies at us. We are so low down on the tot tam poll we get nothings, not even scraps.

Lie to us, give us something to ridicule, I don't have money or orders at stake with Alpha-Sprouts run by Mohamed, Mohamed, Mohamed, and Mohamed. Did I leave any out? What do these people think all other names are taken? A bunch of freaking fruitcakes, probably not even of legal age evident from their incredibly poor judgment.