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

[SaltySpitoon]

I too am interested, however I am quite weary. Even early Bitcoin Asic companies did not have much luck, and the theory behind mining a SHA based coin with an Asic device is far less convoluted. I'm still hesitant to believe that such hardware could have been developed in such a short amount of time. I handled SHA based ASIC devices somewhat similar in architecture to Bitcoin miners 5+ years ago, therefor it didn't come as a shock that it could be made to suit Bitcoin's needs.

I'll be watching your releases, but I doubt anyone that has been around for more than a year will be on board with the preorder scene. The BFL situation was a mess, and the Asic companies that went under taking their funds with them even worse. I have a hard time seeing this go more smoothly for you, but for your own sake and those that do choose to preorder, I wish you all the best of luck. There would have to be outstanding circumstance in order to get me to preorder anything.

That being said, I will have no trouble ordering after seeing you ship a batch out.

[digicoin]

Altcoin market is very risky. short term or similar. Not sure how many people wants to buy it

[Hunterbunter]

Wow I thought scrypt was difficult/impossible using ASIC. Wasn't that the "point" of it? How has it been circumvented?

[Lionel]

Wow I thought scrypt was difficult/impossible using ASIC. Wasn't that the "point" of it? How has it been circumvented?

Yeah exactly... please read my post above and help me to understand if these scrypt asics are worth the buy
What do you think about the memory bus point?

[CoinBuzz]

Wow I thought scrypt was difficult/impossible using ASIC. Wasn't that the "point" of it? How has it been circumvented?

It was/is difficult, not impossible.

Nothing is impossible in computer world.

[sterob]

Wow I thought scrypt was difficult/impossible using ASIC. Wasn't that the "point" of it? How has it been circumvented?

It was/is difficult, not impossible.

Nothing is impossible in computer world.

It is like you can brute force anything encryption, though it may take several million or billion years.

 Or  "Give me a place to stand on, and I will move the Earth." - Archimedes

[dbzenhosting]

Depending on the price I may just get a 5Mh/s miner. Hope the price is reasonable not over $1,500.

[ninjaboon]

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https://alpha-t.net/news/development-update-17122013/

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You don't have permission to access /news/development-update-17122013/ on this server.

Additionally, a 403 Forbidden error was encountered while trying to use an ErrorDocument to handle the request.
Apache/2.2.21 (Unix) mod_ssl/2.2.21 OpenSSL/0.9.8e-fips-rhel5 mod_auth_passthrough/2.1 mod_bwlimited/1.4 FrontPage/5.0.2.2635 Server at alpha-t.net Port 443

2. Another pre-order project. Hope the timelines are tight.

[AFox]

3. Images of our new office, and official Viper trailer.

Will you do an open doors day to meet your team, visit your new offices and see a working prototype of your miner ?

1. This link is not working: https://alpha-t.net/news/development-update-17122013/

Website being updated to avoid any future disruptions or performance issues.

https://twitter.com/ukalpha

[surivrox]

Specification is available here https://t.co/HOqKYIOxEA

[zzGAMEzz]

 

[bitbaker54]

I'm looking forward to VIPER.  I hope Alpha Technology (AT) will consider doing something no other mining hardware manufacturer (that I know of) is doing - provide the option to purchase pre-orders through an escrow service. 

This may require seeking venture capital or paying out-of-pocket to fund first batch manufacturing, but the benefits (in my opinion) would far outweigh those costs for legitimate businesses.  By offering a purchase through escrow option, AT could:
- guarantee buyers a full refund if products/services are not delivered as promised.  This should alleviate at least some concerns for potential buyers who are 'on the fence' and/or have been 'burned before' by companies that were either scams to begin with or just fell apart
- protect themselves from fraudulent chargebacks
- set a new gold standard for how mining manufacturers handle pre-orders

Everybody wins.

Going one step further, if AT offers a full one-year warranty (unlike Cointerra's 30 day warranty) and price reduction protection (several companies do this), that would seal the deal.

Fingers crossed.

[flexgroo]

hmm, limited to one alt coin, i am really fearing the thought of how much they will charge for a Viper Miner (25 Mh/s): 5 x Viper Board  and really have no idea how many that will mine a day, or even if ltc will be around in 6 months

[jpeggt]

hmm, limited to one alt coin, i am really fearing the thought of how much they will charge for a Viper Miner (25 Mh/s): 5 x Viper Board  and really have no idea how many that will mine a day, or even if ltc will be around in 6 months

Isn't this a Scrypt miner (not a litecoin only miner)? So it should work with any scrypt based alt.

[nightengale]

I'm looking forward to VIPER.  I hope Alpha Technology (AT) will consider doing something no other mining hardware manufacturer (that I know of) is doing - provide the option to purchase pre-orders through an escrow service. 

This may require seeking venture capital or paying out-of-pocket to fund first batch manufacturing, but the benefits (in my opinion) would far outweigh those costs for legitimate businesses.  By offering a purchase through escrow option, AT could:
- guarantee buyers a full refund if products/services are not delivered as promised.  This should alleviate at least some concerns for potential buyers who are 'on the fence' and/or have been 'burned before' by companies that were either scams to begin with or just fell apart
- protect themselves from fraudulent chargebacks
- set a new gold standard for how mining manufacturers handle pre-orders

Everybody wins.

Going one step further, if AT offers a full one-year warranty (unlike Cointerra's 30 day warranty) and price reduction protection (several companies do this), that would seal the deal.

Fingers crossed.

It will be tough to out-do KnC. I pre-ordered one of their 1st gen ASICs and was generally very happy with the process. I really hope Alpha-T will emulate KnC's better practices...

[Spiffy_1]

Been watching these for a while.  I don't understand how you could force it to only mine ltc.  So many clones that are remarkably similar would make it nearly impossible.. I wouldn't want to mine ltc anyways.. More profitable coins out there by a long shot atm.  Alphatech if you're reading this, if you limit us to purchasing only through bitcoins or even litecoins, you're potentially alienating many potential customers.  Include eskrow, paypay, or a bank transfer combination will cement yourself as a company to emulate.

[K1773R]

Been watching these for a while.  I don't understand how you could force it to only mine ltc.  So many clones that are remarkably similar would make it nearly impossible.. I wouldn't want to mine ltc anyways.. More profitable coins out there by a long shot atm.  Alphatech if you're reading this, if you limit us to purchasing only through bitcoins or even litecoins, you're potentially alienating many potential customers.  Include eskrow, paypay, or a bank transfer combination will cement yourself as a company to emulate.

it will be a scrypt miner so if you point it to the right pool, it will of course mine the coin you want. an ASIC itself dosnt know what coin it is (tough this could be possible but a waste for an ASIC, a CPU/FPGA on the board would/should be doing such things). they just picked "Litecoin" because it was the first coin with it.
also if they are able to produce such a scrypt miner, they cant be stupid enough to limit it to litecoin only

[Lexomatico]

Taking advantage of our partners workforce and facilities we expect to start shipping 4-5 months after pre-orders are taken.

From the FAQ Page of the Website...

[jlspartz]

I see the specs and estimated time and everything, but there hasn't been any hints towards price that I have seen to date.  The twitter account said the specs and price would be released.  Any word on cost?

[kathiresan]

any one knows when the pre-order starts?