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1  Alternate cryptocurrencies / Mining (Altcoins) / What to do now? run away or mine? on: March 25, 2014, 08:39:17 PM
Hi

I will make a short story to give you background.

In October when BTC was hitting 1200$ I bought KNC miner (330GH/s) for ~8000$. Mining was very profitable then. After one moth I realised that this will not last long due to diff increase. I managed to sell KNC miner for 14000$ !!!! I took my profit (6000$) and invested this in few rigs(two rigs 3x 7950 and two rigs 4x280x). In January I placed pre order for Alpha Net Viper (25MH/s now is 90MH/s). In February I bought LA3M. So now I have 13MH/s. I don't what to invest more money. I always invest only earnings generated on mining.

Now scrypt mining is not so profitable - in Poland where energy cost is 0.20$/kwh it's very close to the profit limit (I'm not interested in 500$ earning). And soon I can have a problem with payment for Alpha net pre order ( I'm not earning enough to gather money).
Question is what I should do next:
1)Sell everything and cancel my preorder? This will give me around 9000$-10000$. And I will be out of business
2)Switch to Scrypt-N mining or other coins that are not affected by ASIC? Hopefully prices will rise
3)Sell rigs and order 4 more LA3M? This will give me more less this same rigs speed but power costs will not be a problem
4)Sell everything, pay rest for pre order and keep fingers crossed that Alpha Technology is not scam and they will send ASIC in July.
5)Something else?


I'm changing my mind everyday in last few days so any suggestion will be appreciated.

Regards
2  Bitcoin / Hardware / Re: SCRYPT ASIC miner ready. BTC+LTC ASIC miner, 1THS(1000GHS) Bitcoin miner, 950W. on: March 03, 2014, 07:49:13 PM
BE CAREFUL GUYS!
I place order 3 weeks ago. Jack confirmed payment and shipping details. Since then no answer to my mails or on skype
Either he has huge mess or this is perfect SCAM - deliver some orders at beginning and later run away....
3  Bitcoin / Hardware / Re: SCRYPT ASIC miner ready. BTC+LTC ASIC miner, 1THS(1000GHS) Bitcoin miner, 950W. on: February 28, 2014, 06:49:17 PM
I placed order on 17th of February.I can see that all people that ordered after me already got their hardware....

Right after payment Jack confirmed that he got payment in BTC and address details on e-mail.
Since then no contact - no answer on skype, no replays on e-mail.
I don't know if package was shipped or it stuck on customs....

My recommendation is to not buy anything from him unless he improve customer support.
For now I lost 2750$...........


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