Bitcoin Forum
May 13, 2024, 01:28:09 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: November 19, 2014, 07:09:52 PM

1.5mh * 12/board * 10 boards == 180mh/s

Burnt test board (probably from trying to OC to get to 250mh/s), paint chipping off a butt ugly cheap case, maybe mid-December maybe (NOT), LTC < $4 USD, LTC diff @ 44.8K, amateur product photos on 2nd hand dirty table somewhere in the Punjab, very encouraging. And as a bonus they are going to sell chips in bulk and all their new business partners (Viper customers) are going to get rich quick.


The best part about this is: at current difficulty levels and current pricing, the 250 MH unit will ROI in 422 days with FREE power and no pool fees. Those of us in California are used to paying around 15 cents a KW/h for electricity. Now, I'm not sure what the exact power consumption of the 250 MH Viper will be, but assuming 1,850 Watts, which is a number that I recall seeing in a few emails from Alpha, and a 4% pool fee (litecoinpool.org), this unit will ROI in 650 days.

Translation: Never.

This time last year, LTC difficulty was around 2,000. We have seen at least a 20-fold difficulty increase in a year's time. Now granted, I doubt that kind of exponential difficulty increase is sustainable, but in a year, suppose it goes up 5 times? These Viper units will be no more than $9,000 space heaters.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: November 18, 2014, 02:48:27 AM
I did NOT give consent to a 30% refund, nor did I in anyway indicate to them that the 30% payment would satisfy their obligation to me. In fact, I wrote to them and told them just the opposite. I am entitled to a 100% refund, without question. I intend to collect every cent of what I'm owed.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: November 17, 2014, 11:06:31 PM
I received the following email from Alpha Technology on November 15, 2014 at 5:50 am PST (GMT-8):

Quote
Hello there,

Whilst you are past the refund period we have refunded you your full deposit as a gesture of goodwill. This refund has been issued to your PayPal.

Best Regards,

Alpha Technology Team
They did in fact refund the 30% deposit that I put down on January 4th, 2014.

The only problem is, I paid them the other 70% on May 27th, 2014, which they still owe me. I have sent them multiple emails requesting a 100% refund, which is owed to me by law.
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: November 17, 2014, 11:00:11 PM
@fightalpha: I am in on a class action lawsuit. Would you mind forwarding on the contact information for the solicitor you have chosen? I'd be happy to speak with them directly and add my name and information to the list.
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: November 11, 2014, 05:47:39 PM
Anyone on here actually live in Manchester? I'd donate BTC to any person who pays these guys a visit, in person, and encourages them, by whatever means necessary, to refund customer's money. I'm one of the poor bastards who has paid in full.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!