Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!

[Lauda]

Still not impressed.

[1715097964]

1715097964

[1715097964]

1715097964

[1715097964]

1715097964

[lajz99]

'The Hindu'...when you're in a real paper or magazine let us know...   

[snootch]

Alpha-t,

Please do us all a massive favor and:

1- Produce a batch of devices

THEN

2- Sell them.

Please, none of this pre-order garbage which has hurt the cryptocoin community so much in the past.
I'ts cool if you produce a working prototype and say you are "in production", but don't throw around pricing numbers or $/Mh figures until you have inventory on hand and are ready to ship. Things can change at the last minute which can have all kinds of un-intended consequences  (i.e. power consumption, price)

I will happily be the first person in line literally throwing money at you if you have a product that will ship immediately within a reasonable price point. Many others on this board will too.
Just say no to pre-orders!

- Thanks

[NightFerret]

Alpha-t,

Please do us all a massive favor and:

1- Produce a batch of devices

THEN

2- Sell them.

This

[hamiltino]

Alpha-t,

Please do us all a massive favor and:

1- Produce a batch of devices

THEN

2- Sell them.

This

+infinity

[int3ractivodular]

Alpha-t,

Please do us all a massive favor and:

1- Produce a batch of devices

THEN

2- Sell them.

This

+infinity

+infinity^infinity

[nightengale]

Unfortunately they need money for research and components. If they had that money, they'd just build the machines and mine themselves. So to fund the research and components, they solicit pre-orders. Yes, it sucks. But I don't see a way around it... ?

[snootch]

Unfortunately they need money for research and components. If they had that money, they'd just build the machines and mine themselves. So to fund the research and components, they solicit pre-orders. Yes, it sucks. But I don't see a way around it... ?

I do, it's called getting investors. bank loans, crowdsourcing, etc. Draw up a business plan and present it. With the history cryptocurrency device manufacturers have had (BFL, BitFury, KNC, etc) you should be able to easily show that there is a demand. If all else fails, go to Kickstarter.

[matt608]

Unfortunately they need money for research and components. If they had that money, they'd just build the machines and mine themselves. So to fund the research and components, they solicit pre-orders. Yes, it sucks. But I don't see a way around it... ?

I do, it's called getting investors. bank loans, crowdsourcing, etc. Draw up a business plan and present it. With the history cryptocurrency device manufacturers have had (BFL, BitFury, KNC, etc) you should be able to easily show that there is a demand. If all else fails, go to Kickstarter.

You must mean crowdfunding not crowdsourcing.  Taking pre-orders is basically crowdfunding, and we are the target crowd.  Kickstarter is usually for charity, it's for donating, I don't know why people would donate to a for-profit business.  But still, it would be nice to not have to gamble on a pre-order.

[snootch]

Unfortunately they need money for research and components. If they had that money, they'd just build the machines and mine themselves. So to fund the research and components, they solicit pre-orders. Yes, it sucks. But I don't see a way around it... ?

I do, it's called getting investors. bank loans, crowdsourcing, etc. Draw up a business plan and present it. With the history cryptocurrency device manufacturers have had (BFL, BitFury, KNC, etc) you should be able to easily show that there is a demand. If all else fails, go to Kickstarter.

You must mean crowdfunding not crowdsourcing.  Taking pre-orders is basically crowdfunding, and we are the target crowd.  Kickstarter is usually for charity, it's for donating, I don't know why people would donate to a for-profit business.  But still, it would be nice to not have to gamble on a pre-order.

My bad, yes, I meant crowdfunding.. Kickstarter isn't only for donating. I backed a project called Revolights on Kickstarter. They were some really neat LED rims for bicycle wheels that replaced front and rear nighttime lights. Anyway, I paid like 80% of the estimated market price.. waited 6 months for R&D, prototyping & production. I got one of the first production units at a discount and a t-shirt in exchange. BTW, Kickstarter also has policies in effect for accountability of projects: http://www.kickstarter.com/blog/accountability-on-kickstarter As far as your comment that "taking pre-orders is basically crowdfunding", you are correct, however Kickstarter provides a framework, pushes things along and provides legal avenues if things go wrong. Where simply participating in a pre-order, you are essentially throwing your money at them and hoping for the best, with no recourse if they don't deliver. Personally, I don't mind the concept of "pre-orders", but I want some level of assurance that the product will be delivered within a sane timeframe unlike other "pre-orders" that have taken place within the community. (yes, I'm looking at you BFL...)

[gwedo]

Waiting for price and hashrate...

yes exactly
maybe also power supply electricity consumption
and delivery conditions - I will not be paying 20 BTC in advance and wait till January only to get know that in February shit happens and they bankrupt or something.
We all know that it already happened many times before that not everybody got what they ordered and prepaid
be careful

I am watching it everyday, of course I would love to have shiny mining machine at home but I cannot give away my money just in foolish hope that they will deliver it.

if you were at their place and know that in case something happen you don't have to deliver goods what would stop you from not taking the cash of other people?

TerraHash shuts down, bitcoin miners upset
http://www.coindesk.com/terrahash-shuts-down-bitcoin-miners-upset-with-refund/

[Gontxi]

Reserved 

[Morbid]

now should be good time to draw investors into scrypt market.

[BitCoin Operated Boy]

Is Alpha Technology still selling pre orders? It's shown on the site that it's all out os stock (sold out?) 

[Lionel]

Some people say that ASIC hardware for scrypt would not outperform the GPUs due to the nature of the scrypt algorithm whereof performance depends on the memory bus speed.

But there is some fixed limit on memory buses' speed that the technology has not outreached for many many years thus far, and GPUs seems to be the fastest hardware available regarding memory speed.

Is there some documentation that explains why scrypt performance depends on that?

I'd like to understand this point to find out if mining LTC faster than the GPUs do is possible.
A deep knowledge of the scrypt algorithm may help.

[ninjaboon]

interested in this miners, do keep me posted.

[AFox]

Good news.
Just waiting for the prices.

[broken_pixel]

I'm in, great news. 

[Jhonka86]

Following development.  Best luck!  I may buy in depending on specifications.

[note235]

im going to follow also!