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

[GBattaglia]

The price honestly is not that bad.  It is onpar with building GPU rigs, and is one of the first Scrypt ASICs getting a public release.  The power consumption is also 25x lower per kh than the best GPU options at the moment.  Now this does limit the amount of time GPU mining will remain viable for Scrypt, make no mistake.  

If the majority of the networks begin mining at 25 times less power usage than you, that means they will remain profitable much longer.  Infact, you'll be pushed right out of the market eventually.  The issue here is release date and details.  No actual product has been shown.  Not only that, even the earliest pre-orders are probably looking at a unit 6 months from now it seems.

GPU miners better double down on their investments, because the day of milk crate rigs are numbered.  In less than one year, we'll be out of that game it seems.  Most likely sooner.  Although there could very well be a new currency type for GPU folks, much like Litecoin was for Bitcoin miners.

[Quicken1337]

Maybe it's just me, but this looks more shifty than my ex!. 

Go to Google maps. Look at 66 Dickenson Road, Manchester.

All they have done is put a new sign up, not even changed the curtains (Look at both pics).

Hate to say it and don't want to sound like a **** but 'what a nice part of town' 

Next door looks to be the accountants that they say about in the 'about us' on their web page.

Love the graffiti and hardcore metal shutters!

You can part with your cash if ya want, good luck to ya.

Five grand for something maybe in 5 months, lol yer OK.

And my fav bit of the terms:


Cancellation & Refund Policy

Within 0-1 month after receipt of payment: Full deposit will be refunded.

Within 1-3 months after receipt of payment: 75% of the deposit will be refunded.

Within 3-5 months after receipt of payment: 50% of the deposit will be refunded.

Please note a cancellation fee of £70 towards handling charges will be applicable along with any cancellation.


Harsh, i don't think so.

O and Merry Christmas!

 

[wasubii]

Price is much too high to make this attractive.

And for that reason……I'm out

/dragonsden

[Nullu]

is anyone planning on doing a more thorough background check? Come on btctalk hax0rs.  Also, a form of escrow for down payments would show some buyer protection.  Reputable escrow por favor?  Paypal only provides protection for x amount of time, not indefinitely.

60 days, I believe. After that you can't make a Paypal claim.

[Prolifik]

This is gonna ruin the fun for us gpu miners :-(

[Starlightbreaker]

no photos of the goodies?                                                                                                                                                                                                                                                   

[broken_pixel]

is anyone planning on doing a more thorough background check? Come on btctalk hax0rs.  Also, a form of escrow for down payments would show some buyer protection.  Reputable escrow por favor?  Paypal only provides protection for x amount of time, not indefinitely.

60 days, I believe. After that you can't make a Paypal claim.

Use a debit or credit card. My bank helped me file a dispute with BFL 7 months after my order, two weeks later I had my BFL ASIC delivered. 

[grv]

And my fav bit of the terms:


Cancellation & Refund Policy

Within 0-1 month after receipt of payment: Full deposit will be refunded.

Within 1-3 months after receipt of payment: 75% of the deposit will be refunded.

Within 3-5 months after receipt of payment: 50% of the deposit will be refunded.

Please note a cancellation fee of £70 towards handling charges will be applicable along with any cancellation.

what about "Customer Protection Plan"?
like for example bitmine offers:

1) Shipment can be late up to a maximum of 10 days from the agreed shipment date.
2) For each subsequent 10 days of late shipping, we will add for free 10% more hashing power to your order as penalty.
3) After the 61st day of late shipment, you have the right to request a full refund and we will pay you an additional penalty of 10% of the initial order amount.

[ZetaOS]

is it me or is my Graphics card faster..

[luffy]

an ATI 5870 can hash ~ 400KH at ~200W. You make the comparison.
If ASIC scrypt is for real then it will take some time to overthrown the VGAs.
In the mean time, a new GPU-only algo will eventually appears 

[Oldminer]

Everything about this including the people behind it looks dodgy

[BlueDragon747]

an ATI 5870 can hash ~ 400KH at ~200W. You make the comparison.
If ASIC scrypt is for real then it will take some time to overthrown the VGAs.
In the mean time, a new GPU-only algo will eventually appears  

not GPU only GPU and FPGA 

Why Blakecoin beats other coins in the long run:

The modified blake-256 algorithm hash rate is just under 3x faster on the GPU and just over 2x on the FPGA compared with Bitcoin
The reward for mining Blakecoin does Not decrease over time it only increases with block height and difficulty
No restriction on any platform as Blakecoin does not include artificial *Security* that slows down possible mining hash rate and reduces power efficiency
Already has planned use for Blakecoin as a currency storage between MMO systems with prototypes in development

Blakecoin is the fastest !

5.1GH/s on a AMD ATI Radeon 7990
2.2GH/s on a AMD ATI Radeon 7970
1.4GH/s on a AMD ATI Radeon 6970
1.3GH/s on a AMD ATI Radeon 5870
1.6GH/s on a ZTEX USB-FPGA 1.15y Quad Spartan-6 LX150 Development Board (using < 40w of power)

Tweaks:
Removed some of the double hashing from the wallet for increased efficiency and reduced collisions

[luffy]

MH/s i guess  
sorry, i don't know blakecoin, you actually mean GH?
why do you compare it with scrypt then?

[BlueDragon747]

MH/s i guess  

no Giga hash is correct  

GH/s

Edit:
Because its a new algo?

In the mean time, a new GPU-only algo will eventually appears 

[luffy]

thanks! i have to study more of this

[BlueDragon747]

compared with scrypt performance on FPGA is very good and I would have also thought that if the investment in very expensive Asic development was done for the modified Blake-256 algo you could be talking 2-3x faster than even the current best SHA-256D Asic it would most certainly use less silicon space thus the chips would be cheaper each and use less power, I think an investment in scrypt based Asic devices is very risky with new algorithms like Blake-256 on the scene  

[flexgroo]

Got an email today from them

Development Update 23/12/2013

December 23, 2013
Announcements

Today is the release of our full pricing, shipping, terms and all the helpful information you would need to secure a pre-order, this can all be found in the ‘Terms of Order’ page. We will be taking a 30% deposit payment, and remainder 70% to be paid 8-10 weeks before shipment. Minimum chip specifications have been confirmed from our ASIC manufacturer using Global Foundries as our foundry. In regards to our devices, we have confirmed a lower power consumption than quoted previously and also a guarantee of minimum hash rate. this can all be found in the individual Product pages. Please read the Terms of Order page, and individual Products pages carefully.

To summarise some other things:

Viper-5mh/s which can hash at minimum 5 MH/s: £1350 (inc VAT) Deposit- £405 (inc VAT)  ABOUT 2000 USD

Viper-25mh/s which can hash at minimum 25 MH/s: £5450 (inc VAT) Deposit- £1635 (inc VAT) ABOUT 9000 !!!! USD

ASIC Chip Specs

Process: 28nm/40nm HPP, 3.3v/1.8v

Internal Memory: >=128Mb SRAM

Gates: ~28M Gates

Clock Speed: > 600 Mhz Core Clock

Hashing Cores: >= 128

Chip Hash rate: > 350 Kh/s

Power Consumption: < 5w

Registration and Wishlist

Registration will be open on the 25th or 26th of December. We urge all customers to be prepared by providing shipping and billing information in the My Account section. Also showing interest by adding their desired products to the Wishlist, with stated quantity.

[Bigeyeone]

This is gonna ruin the fun for us gpu miners :-(

No there are too many of us, we will come up with another GPU coin and promote it to the moon

[drmosh]

I predict this will start shipping...

in 2015

LOL

9 months minimum wait... so let's say about 15 months just to be safe...

How much can you mine on GPU during that 15 months?  A LOT

LOL

[Bigeyeone]

I predict this will start shipping...

in 2015

LOL

9 months minimum wait... so let's say about 15 months just to be safe...

How much can you mine on GPU during that 15 months?  A LOT

LOL

Yeah opportunity costs