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Author Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!  (Read 528194 times)
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January 06, 2014, 03:13:29 AM
 #301

looks like a goddamn terrorist to me

Reported.

This is why when I travel I say I'm Canadian...

Canadian ... well, that is something else ...  Grin  j/k
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January 06, 2014, 09:34:05 AM
 #302

looks like a goddamn terrorist to me

Reported.

This is why when I travel I say I'm Canadian...

http://3.bp.blogspot.com/-GAU0BH-EZ7A/T-8R4KCctSI/AAAAAAAAHKY/-5oms9IIQHc/s1600/canada.jpg
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January 06, 2014, 12:35:24 PM
 #303

We reached the canadian point. Good job !
Now if anyone has news about this: hardware or vaporware i'm interested !
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January 06, 2014, 12:39:41 PM
 #304

   
hope Alpha Technology give us some info soon

come on Alpha Technology... show me yours... I'll show you mine!
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January 06, 2014, 01:36:45 PM
 #305

Aplpha is definitely legit, the only questions are if they will ship on time (say end of summer/Sept) and at spec

personally I think its worth a gamble, but who knows difficulty could be 20k by then if Litecoin goes crazy this year (and it will)

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January 06, 2014, 02:25:56 PM
 #306

Alpha-T, suggestion: In the event the ship date is missed, you would save face and gain following if you offer more hash to the purchasers (particularly batch 1). Come up with some sort of proposal for this. 15 days late = free 5mh, 30 days late = free 25mh, etc.


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January 06, 2014, 02:26:15 PM
 #307

Aplpha is definitely legit


Just curious, what makes you say that? Because I have serious reservations
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January 06, 2014, 02:40:15 PM
 #308

How many units are they gonna ship in batch 1 anyone know?

and yes I ordered an alpha 5m viper I guess it is called put 30 percent down

with paypal (45 days refund) and amex (add 15 days for 60 days refund) and probably (unsure) more protection after that point...I can stall for a while and look at my naval in deep thought on all this

BFL refugee....would not have ordered if they did not have paypal and the cc option in my case amex

so they have 45 days to wow me ...maybe 15 beyond that if amex goes for it ..total of 60 days they SHOULD?

have some significant info by that time I'd hope?

(note: after BFL I have the skedaddle skills of a spooked deer..so I'd better see something of note in this time frame)

Searing

 
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January 06, 2014, 03:15:47 PM
 #309

Well I was gonna order, but for now I will pass. Too much questions that are too easy to answer and still no answers  Roll Eyes. What happened with the guy that was living nearby and was going to pay them a visit ? Also can the other guy that had an e-mail response from them just show them this thread and ask them to participate. I suppose most of the buyers are also reading this thread so it's in their favor to answer here the questions that were asked and assure everyone that they are not scammers.

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January 06, 2014, 04:02:11 PM
 #310

Well I was gonna order, but for now I will pass. Too much questions that are too easy to answer and still no answers  Roll Eyes. What happened with the guy that was living nearby and was going to pay them a visit ? Also can the other guy that had an e-mail response from them just show them this thread and ask them to participate. I suppose most of the buyers are also reading this thread so it's in their favor to answer here the questions that were asked and assure everyone that they are not scammers.

I mention to them in my email the thread.

I closed with this_
Quote
Can you comment on this please? Might be a good idea to do so in the thread your company
started, to relax customers.

So, Alpha Technologies is aware of what is going on here. And I hope they do comment.

It is in their and our best interests. I mean the first batch has not sold out yet as far as I know.

IAS

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January 07, 2014, 02:10:38 AM
 #311

best explanation why it is a scam:

http://www.reddit.com/r/litecoinmining/comments/1uju18/best_explanation_by_far_that_ive_seen_on_why/
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January 07, 2014, 04:52:56 AM
 #312

That's a pretty quick change of heart -- do you know something the rest of us don't?
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January 07, 2014, 05:19:07 AM
 #313

 Alpha Technologies... Butterfly Labs in sheep's clothing.
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January 07, 2014, 05:20:32 AM
 #314

That's a pretty quick change of heart -- do you know something the rest of us don't?
Sometimes it's just that gut feeling .... at least I got my refund back. I will wait for version 2 perhaps. See if they truly come through first. In the meantime I will gpu mine. Plus there is another company that was advertising a 25 mh/s for 800 gbp I believe...
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January 07, 2014, 05:32:41 AM
 #315

I'm moving back up to Liverpool on Saturday so will be paying these guys a visit very soon..
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January 07, 2014, 05:42:56 AM
 #316

Looks like Hasfast is struggling http://www.coindesk.com/asic-manufacturer-hashfast-faces-legal-action/

I don't know if Alpha is a scam but do they have the expertise to get hundreds, maybe thousands of asics into production on time and on budget? I'm not so sure. I guess time will tell.
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January 07, 2014, 05:53:52 AM
 #317

Yeh, I highly doubt this company can produce the hash rates they are saying and for that cost. Increasing the clock speeds will have little to no effect over their "prototype". And their prototype seems to be a copy of https://github.com/kramble/FPGA-Litecoin-Miner. They state that they are using the units ram which means they have not found a way to efficiently store the pseudo-random data on die / chip (in this case in logic gates on FPGA).

Like I said " I highly doubt ". I mean sCrypt ASIC...... Don't you think a larger established ASIC mining equipment company like BFL would have done it already if it was so easy that Alpha just has to have the units "optimised".......

sCrypt is MEMORY HARD people = Process / Memory ratio of about 1-1, I.e. you need x amount of memory per x random logic. This equates to actual space requirements on die and compared to the costing requirements on other algo's is one of the highest.

I have racked my brain many a night on ways to produce a unit that is more cost effective than plain GPGPU units and it never works out, the only plus with some systems is power usage but at an incredibly higher cost than GPGPU units.

Read Colin Percivals paper on his sCrypt Algo http://www.tarsnap.com/scrypt/scrypt.pdf then make your mind up as to if you want to give this company money.

It's not impossible to build a unit like they are advertising, just WAY more costly than building units for SHA256 and due to the memory requirements ASIC (in its literal form) is highly unlikely.

I don't wish to slander this company, merely to make people aware of the facts.
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January 07, 2014, 06:14:51 AM
 #318

How many units are expected to be sold in batch 1? Does anyone know?

Moving to Puerto Rico...
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January 07, 2014, 06:19:19 AM
 #319

That's a pretty quick change of heart -- do you know something the rest of us don't?
Sometimes it's just that gut feeling .... at least I got my refund back. I will wait for version 2 perhaps. See if they truly come through first. In the meantime I will gpu mine. Plus there is another company that was advertising a 25 mh/s for 800 gbp I believe...

Scrypt ASIC International (SAI) are offering 25MH/s for GBP 800 and delivery in February.

Yeah, sure. And i am Satoshi Nakamoto...

Do your due diligence before handing over any coins to anyone.

https://bitcointalk.org/index.php?topic=312714.0

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January 07, 2014, 06:22:54 AM
 #320

Yeh, I highly doubt this company can produce the hash rates they are saying and for that cost. Increasing the clock speeds will have little to no effect over their "prototype". And their prototype seems to be a copy of https://github.com/kramble/FPGA-Litecoin-Miner. They state that they are using the units ram which means they have not found a way to efficiently store the pseudo-random data on die / chip (in this case in logic gates on FPGA).

Like I said " I highly doubt ". I mean sCrypt ASIC...... Don't you think a larger established ASIC mining equipment company like BFL would have done it already if it was so easy that Alpha just has to have the units "optimised".......

sCrypt is MEMORY HARD people = Process / Memory ratio of about 1-1, I.e. you need x amount of memory per x random logic. This equates to actual space requirements on die and compared to the costing requirements on other algo's is one of the highest.

I have racked my brain many a night on ways to produce a unit that is more cost effective than plain GPGPU units and it never works out, the only plus with some systems is power usage but at an incredibly higher cost than GPGPU units.

Read Colin Percivals paper on his sCrypt Algo http://www.tarsnap.com/scrypt/scrypt.pdf then make your mind up as to if you want to give this company money.

It's not impossible to build a unit like they are advertising, just WAY more costly than building units for SHA256 and due to the memory requirements ASIC (in its literal form) is highly unlikely.

I don't wish to slander this company, merely to make people aware of the facts.


+1 Excellent points and great link - thanks.

But i did hear somewhere that the sCrypt flavour used in cryptocurrencies is different sCrypt 'proper'.
do you know anything about that?
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