Athom (OP)
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December 24, 2013, 07:13:03 AM |
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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) Viper-25mh/s which can hash at minimum 25 MH/s: £5450 (inc VAT) Deposit- £1635 (inc VAT) 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 https://alpha-t.net/news/development-update-23122013/
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RickJamesBTC
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December 24, 2013, 07:17:53 AM |
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My topic on it got moved to the pit known as alt cryptos.... https://bitcointalk.org/index.php?topic=382908.0Are you the official rep? If so, What the hell are you thinking trying to ask for deposits that lose value the longer you take to ship. First, that's certainly illegal here, probably illegal in your home country. Second, it is an awful policy. Also, your prices aren't even competitive with GPUs at this time. Close, but not winning, and certainly not winning in 6-9 months of waiting. Make it half as much, sell them in 3-6 months with guaranteed preorder refunds if desired, and things will be much better.
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empoweoqwj
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December 24, 2013, 07:23:26 AM |
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How I long for the day when people will actually "launch" mining products and not just take pre-orders .......... its been going on way too long. Does nobody ever learn?
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grendel25
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Activity: 2296
Merit: 1031
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December 24, 2013, 07:27:25 AM |
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I'm sort of excited about this. Most folks probably already know this but this equipment is for Scrypt mining.
So about $2200 USD for a 5MH/s rig whereas current rigs the same price will only do about 2MH/s. This seems to be a really good entry option to bit mining. Drawback is the possible Q2 of 2014 release which is really a drag for intermediate level folks wanting to jump in immediately.
Anyone seen better options on the horizon? SAI says they'll have a version 5x faster than Alpha's and for much less cost, about $1200 USD (or whatever 800 GBP is). Both companies have yet to deliver but I have to admit that Alpha's marketing is far superior so far.
Any insight on other leading scrypt miner producers?
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empoweoqwj
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December 24, 2013, 07:34:16 AM |
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I'm sort of excited about this. Most folks probably already know this but this equipment is for Scrypt mining.
So about $2200 USD for a 5MH/s rig whereas current rigs the same price will only do about 2MH/s. This seems to be a really good entry option to bit mining. Drawback is the possible Q2 of 2014 release which is really a drag for intermediate level folks wanting to jump in immediately.
Anyone seen better options on the horizon? SAI says they'll have a version 5x faster than Alpha's and for much less cost, about $1200 USD (or whatever 800 GBP is). Both companies have yet to deliver but I have to admit that Alpha's marketing is far superior so far.
Any insight on other leading scrypt miner producers?
Possible Q2, possible Q3 - who knows .... same old story. What does "marketing" matter? Marketing is just there to grab money out of your wallet for pre-orders. BFL did marketing. There's a reason they have no product and just take pre-orders. They are using your money to build the things. Same old same oldๆ
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grendel25
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Activity: 2296
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December 24, 2013, 07:51:53 AM |
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empoweoqwj: I was comparing SAI with Alpha on how they present their products in reference to the term marketing. It matters because Alpha just seems to have a much better presentation so far. And it's not the same old same old in the sense that it's scrypt instead of SHA-256 which marks further development of the bit mining phenomenon.
It seems like you are bitter about a business taking pre-orders to produce a product. Why? I know some businesses have failed in this model but not all.
But what I'm more interested in are other competitors. Anyone have insight to other scrypt ASIC players? Oh yeah, I forgot Fibonacci...
So far: Fibonacci, SAI, Alpha-t, ...
There's cryptotechnologies but they are doing scrypt FPGA
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empoweoqwj
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December 24, 2013, 09:44:41 AM |
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empoweoqwj: I was comparing SAI with Alpha on how they present their products in reference to the term marketing. It matters because Alpha just seems to have a much better presentation so far. And it's not the same old same old in the sense that it's scrypt instead of SHA-256 which marks further development of the bit mining phenomenon.
It seems like you are bitter about a business taking pre-orders to produce a product. Why? I know some businesses have failed in this model but not all.
But what I'm more interested in are other competitors. Anyone have insight to other scrypt ASIC players? Oh yeah, I forgot Fibonacci...
So far: Fibonacci, SAI, Alpha-t, ...
There's cryptotechnologies but they are doing scrypt FPGA
Not bitter at all. Just tired of an industry that thrives solely on taking pre-orders and few if any actually delivering on time for customers to to make any ROI. And no, I've not lost a penny, just commenting on the "state" of the industry. And yes, its scrypt, we all get that.
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grendel25
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Activity: 2296
Merit: 1031
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December 24, 2013, 09:53:07 AM |
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That's understandable. I'm in my own ROI dilemma at the moment. Trying to get in while somehow not pissing off the wife. lol
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empoweoqwj
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December 24, 2013, 09:54:39 AM |
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That's understandable. I'm in my own ROI dilemma at the moment. Trying to get in while somehow not pissing off the wife. lol
Don''t tell her. lol. I've tried explaining various tech investments (domain names, bitcoins, etc) to "the wife" and most have ended up in divorce
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Taxidermista
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Activity: 1148
Merit: 1001
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December 24, 2013, 10:07:02 AM |
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Six months warranty??? In UK??? I don't think so. Unless you want to enjoy many legal complaints. And yes, its scrypt, we all get that.
Yes, amazing marketing, they almost forgot to mention that little detail on their website.
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Kail
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December 24, 2013, 10:16:29 AM |
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empoweoqwj
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December 24, 2013, 10:54:09 AM |
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Six months warranty??? In UK??? I don't think so. Unless you want to enjoy many legal complaints. And yes, its scrypt, we all get that.
Yes, amazing marketing, they almost forgot to mention that little detail on their website. Six months. Thats .... illegal in the UK right?
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Athom (OP)
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December 24, 2013, 02:27:17 PM |
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contemptx
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Merit: 10
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December 24, 2013, 03:32:55 PM |
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Deposit: You are not legally allowed to partially refund a deposit for a pre-order product.
Plus adding in a handling fee of £70.. Really?
Warranty: You have to legally supply products with a minimum of 12 months warranty in the UK.
Related to this your product has to be CE Approved.
Domain Registration: Why is the domain registrant identity masked?, your company details should be an open book!
Previously dissolved company: CHESHIRE TECHNOLOGY LIMITED
What is your relationship to this company as based on your Companies House details this company was your last business.
Based on all of the above, you have a long way to go in business and coming here asking for pre-orders when you do not even have the legal side of things handled is just bad business.
I would happily invest in multiple Scrypt ASIC but I don't think you will meet you Q2, Q3 2014 deadline with what you are looking to achieve.
Prove me wrong..
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empoweoqwj
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December 25, 2013, 05:07:34 AM |
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Deposit: You are not legally allowed to partially refund a deposit for a pre-order product.
Plus adding in a handling fee of £70.. Really?
Warranty: You have to legally supply products with a minimum of 12 months warranty in the UK.
Related to this your product has to be CE Approved.
Domain Registration: Why is the domain registrant identity masked?, your company details should be an open book!
Previously dissolved company: CHESHIRE TECHNOLOGY LIMITED
What is your relationship to this company as based on your Companies House details this company was your last business.
Based on all of the above, you have a long way to go in business and coming here asking for pre-orders when you do not even have the legal side of things handled is just bad business.
I would happily invest in multiple Scrypt ASIC but I don't think you will meet you Q2, Q3 2014 deadline with what you are looking to achieve.
Prove me wrong..
Typical bitcoinland company I'm sad to say. I was hoping the level of professionalism would increase in 2014, and not have so many "risky" companies, but hey, its not 2014 yet
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bremy33
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December 26, 2013, 07:42:12 PM |
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RickJamesBTC
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December 26, 2013, 08:44:43 PM |
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Naw that looks about typical for another scammy asic "manufacturer" I'm waiting to hear that they change the absurd refund policy for deposits. Sorry, but you won't have a high rate of cancellations if you ship on time, and if you aren't going to ship on time, you better be damn sure to give back peoples money.
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samurai1200
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December 26, 2013, 09:12:33 PM |
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So I looked this up as well. Google puts you in the wrong location when you search the address posted on alpha-t's site: 66 Dickenson Road Manchester M14 5HF
So, the bike shop next door has an address of 68-70 (googled "Bicycle Doctor Manchester"), and the sign for the accounting place next door says 64. So far so good. Their facade signage (and where the door is behind the roll-up gate) match too. So its probably a real address. I agree on the sentiment that these companies need to start finding manufacturing capital somewhere besides preorders with largely illegal refund conditions. Besides, if their product does what it claims, they shouldn't have an issue selling the newly ownerless devices... lest they shouldn't have begun manufacturing at all (due to difficulty increases).
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empoweoqwj
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December 27, 2013, 01:35:40 AM |
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I'm really not too bothered about "google maps forensics".
What I am bothered about are terms & conditions, the 6-month warranty etc.
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