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

[sapphiremine]

you people are pathetic, keep dreaming that you will get rich over night 

[1714794903]

1714794903

[1714794903]

1714794903

[Nullu]

you people are pathetic, keep dreaming that you will get rich over night 

Then again, those who never dream of being rich never will be.

Not that I'd put money into this.

[wilson1973]

you people are pathetic, keep dreaming that you will get rich over night 

Then again, those who never dream of being rich never will be.

Not that I'd put money into this.

If I wanted a get rich quick scheme I would have put my time and energy into AMWAY ;-)

[Its About Sharing]

you people are pathetic, keep dreaming that you will get rich over night  

Mr. 7 Activity man.  

Clearly not about getting rich - anyone could see buying coins is cheaper. I hope to just break even and support the network. And it is a fun hobby.
Have you thought of that, supporting the network? Why would you think of getting rich? Projection?

Here in Germany electricity is expensive, for me to run a 1.2 Mh/s rig (650-700 watts or so) would cost around 140 Euro a month (@ .28 cents per Kw/h).
That means, now, to generate 11 or so coins a month, would cost me well over half of those coins (7 coins at 20 Euro per coin). Plus 1k or so for the rig.

IAS

[pgbit]

Pre Orders Now Live!

Our pre order books are now open. Please go to the desired product page https://alpha-t.net/shop/ and add your quantity to your cart to complete checkout. There are 3 payment options which will be readily available to you. All the information you need in regards to order statuses can be found at My Account > View Order.

Bank Transfers may take a few days to clear, we will allow sufficient time for these transfers to clear.

If you experience any problems our email support team at payments@alpha-t.net are available 24/7. Please only use this email only for problems with current orders and payments. Quote order # in Subject area.

Order books will remain open till we have reached our limit for batch 1. When order books close, Bank Transfer customers will have a grace period of 5 working days to complete their purchases.

All customers whose orders are successfully in the 'Processing' status, will join the Batch 1 queue and will be part of the first people to receive their Scrypt ASIC devices. Once pre order stage has been completed, our loyal customers will be getting weekly updates and will be following us every step of the way up to the delivery of their devices! We are hoping these updates will give better hash rates, better power consumption, and smaller sized enclosures than quoted!

How many orders are possible to be fulfilled in Batch 1? How quickly just as a rough estimate will Batch 1 be shipped - for example from first to last?

[mux]

I just made a website to submit and track our Alpha-t orders!

http://alphat.emux.fr/

[Nullu]

So many naysayers and yet the orders are skyrocketing

Amazing isn't, all the trolls in the world couldn't stop this one from skyrocketing :-)

Do you know burden of proof?

[ymer]

Lets see where this goes.

Just speaking for myself, but I can't see myself paying 30% upfront for a promise of delivery 3-6 months in the future of an untested and unknown product.

[mitzie]

I would buy one, but by the time it will arrive, I will hardly cover my initial expenses

[rosmo01]

Just in from Alpha-T:
"Order number does not represent place in queue. It is based on time of payment receieved. Orders started from Order No. 4812."

[wickedgoodtrader]

Their whole "30%" down deal is BS. WTF is it good for if you still have to put 70% down 8-10 weeks before shipment? YOU STILL HAVE TO PUT 100% DOWN WAY BEFORE YOU EVER SEE ANY PRODUCT!

[ymer]

Their whole "30%" down deal is BS. WTF is it good for if you still have to put 70% down 8-10 weeks before shipment? YOU STILL HAVE TO PUT 100% DOWN WAY BEFORE YOU EVER SEE ANY PRODUCT!

Hey, talking sense is not allowed in this forum.

[kramble]

Their whole "30%" down deal is BS. WTF is it good for if you still have to put 70% down 8-10 weeks before shipment? YOU STILL HAVE TO PUT 100% DOWN WAY BEFORE YOU EVER SEE ANY PRODUCT!

The way I see it, the 30% funds the ASIC engineering development. Then the 70% funds the mask set and initial wafer batch (hence the 8-10 weeks which matches an optimistic version of the foundry turnaround time).

[ymer]

Their whole "30%" down deal is BS. WTF is it good for if you still have to put 70% down 8-10 weeks before shipment? YOU STILL HAVE TO PUT 100% DOWN WAY BEFORE YOU EVER SEE ANY PRODUCT!

The way I see it, the 30% funds the ASIC engineering development. Then the 70% funds the mask set and initial wafer batch (hence the 8-10 weeks which matches an optimistic version of the foundry turnaround time).

The way I see it:

30% of the funds are used for their expenses and manufacturing, this wey they don't have to invest a dime, they will receive the first batches and mine the hell outta them for a few months.
70% Then they receive the rest 70% which is their actual profit, keep mining for a few weeks and then they ship to you when the difficulty is already up and you will just break even a few years later.

LOL at all the idiots that preorder this shit.

[Nucivar]

Their whole "30%" down deal is BS. WTF is it good for if you still have to put 70% down 8-10 weeks before shipment? YOU STILL HAVE TO PUT 100% DOWN WAY BEFORE YOU EVER SEE ANY PRODUCT!

The way I see it, the 30% funds the ASIC engineering development. Then the 70% funds the mask set and initial wafer batch (hence the 8-10 weeks which matches an optimistic version of the foundry turnaround time).

The way I see it:

30% of the funds are used for their expenses and manufacturing, this wey they don't have to invest a dime, they will receive the first batches and mine the hell outta them for a few months.
70% Then they receive the rest 70% which is their actual profit, keep mining for a few weeks and then they ship to you when the difficulty is already up and you will just break even a few years later.

LOL at all the idiots that preorder this shit.

+1

[kramble]

30% of the funds are used for their expenses and manufacturing, this wey they don't have to invest a dime, they will receive the first batches and mine the hell outta them for a few months.
70% Then they receive the rest 70% which is their actual profit, keep mining for a few weeks and then they ship to you when the difficulty is already up and you will just break even a few years later.

I think you're underestimating the cost of ASIC development on a 28nm process. I made a rough guess at $5million (including mask set and fabrication of the initial batch of chip). It could be much more than this (but I don't expect Alpha-T to come clean with their actual cost estimates).

[Haze]

Yeah, I'll wait until a product ships and a 20nm batch 2 comes out.

[LiteCoinGuy]

lets give them a chance. they cant be worse than BF 

[Revelations86]

I'm not sure if this was asked before. By the time they deliver the units, wouldn't the difficulty rate be at a point which would render the 5mhs or 25mhs you're getting useless?

[Its About Sharing]

I'm not sure if this was asked before. By the time they deliver the units, wouldn't the difficulty rate be at a point which would render the 5mhs or 25mhs you're getting useless?

Near impossible if you consider there are no ASICs now. Look at the difficulty level of LTC, it has actually been leveling (not that I expect that to remain). More of a steady growth.
The LARGEST growth we saw with BTC was right when the ASIC's came online. I really think we will see that happen again, with LTC.

Not that I am pro ASIC, even though I have one on order, but here in Germany the costs of electricity for a regular LTC rig are over half the LTC you could mine. Just not efficient.
These ASICs do not give the HUGE advantages over GPU's that BTC saw, but you are looking at 1/2 the price and 1/20th the energy compared to Video Cards. A no brainer considering my location.
Not to make money, but as usual to break even and for the hobby aspect.