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Author Topic: Alpha Technology Viper Scrypt Miner Batch 1  (Read 2422 times)
quicklynx (OP)
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June 21, 2014, 04:29:00 PM
Last edit: May 10, 2015, 08:23:39 PM by quicklynx
 #1

Hey Guys and Gals. I want to sell my batch 1 pre order of a 250Mh/s Viper.

My order number is 7136.

I've talked with Alpha and they said I have the option to downgrade to the 50MH/s miner, which it would then be paid off. The downfall is they will not refund the additional 285 Euro, ~$400 I paid for the 250MH/s pre order.

If anyone is interested I'd be willing to entertain offers. $, BTC, LTC, other offers.

I don't believe Alpha will allow the switching of Pre-orders from one account to another, however, I can give you my account. The account allows change to Name, E-mail(also the login,) Billing Address(Shipping Address,) and password.

I can get proof of the purchase if needed.

Escrow is welcome only by used trusted parties, but you'd have to pay the compensation.

The agreement would be after account transfer the coins be released.

Thank you for your interest. Feel free to ask questions in the thread or PM me for anything private.
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June 21, 2014, 04:45:33 PM
 #2

what kind of delivery time are they now quoting?

have they done anything more to show a working prototype?

I offered to visit their offices and they would not let me telling me everything was going on in India - I'm still very skeptical of this company be able to deliver anything and personally think they're scammers at his point but I have an open mind.

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quicklynx (OP)
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June 21, 2014, 05:25:11 PM
 #3

what kind of delivery time are they now quoting?

have they done anything more to show a working prototype?

I offered to visit their offices and they would not let me telling me everything was going on in India - I'm still very skeptical of this company be able to deliver anything and personally think they're scammers at his point but I have an open mind.

They sent their most recent e-mail update yesterday, which has shipping dates estimated between July 15th and 31st.

They have no working prototype that I am aware of, but I will look into this further.

Personally, I do not think they are a scam. They have offered me a 100% Full Refund of the deposit.

They do have an office in England, in which the company is registered to, however, their manufacturing is pretty much in India, like many companies. If you live in England, just show up. Some guys did this to BFL in Kansas, and they got a nice tour.

The company is also accepting direct credit card payments now as well. It doesn't sound like much, but to get your company approved by the credit card companies isn't an easy task, and you have to have solid proof of business. Many companies get around the red tape by using middle man companies like Paypal, etc.. You can choose to pay Alpha with a credit card now without a middle man company.

I hope this helps.
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June 21, 2014, 05:40:49 PM
 #4

If you can get a refund I would go that route for sure...buy some coins and hold.
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June 21, 2014, 06:18:36 PM
 #5

Pretty sure alpha t has said these pre orders are not transferable, you should look into that before proceeding.

I agree that refund is your best option at this point.

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June 21, 2014, 08:41:38 PM
 #6

Pretty sure alpha t has said these pre orders are not transferable, you should look into that before proceeding.

I agree that refund is your best option at this point.
Good luck with this.  I sent an e-mail to their payments department on the 17th and still have yet to hear back from them.  I have a batch 1 order 50MH machine that I have paid for in full with BTC :/

Not sure how this is going to play out but assuming the worst for now in my case.  Hope you have better luck.

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June 21, 2014, 10:53:42 PM
 #7

what kind of delivery time are they now quoting?

have they done anything more to show a working prototype?

I offered to visit their offices and they would not let me telling me everything was going on in India - I'm still very skeptical of this company be able to deliver anything and personally think they're scammers at his point but I have an open mind.

They sent their most recent e-mail update yesterday, which has shipping dates estimated between July 15th and 31st.

They have no working prototype that I am aware of, but I will look into this further.

Personally, I do not think they are a scam. They have offered me a 100% Full Refund of the deposit.

They do have an office in England, in which the company is registered to, however, their manufacturing is pretty much in India, like many companies. If you live in England, just show up. Some guys did this to BFL in Kansas, and they got a nice tour.

The company is also accepting direct credit card payments now as well. It doesn't sound like much, but to get your company approved by the credit card companies isn't an easy task, and you have to have solid proof of business. Many companies get around the red tape by using middle man companies like Paypal, etc.. You can choose to pay Alpha with a credit card now without a middle man company.

I hope this helps.

They claim as of yesterday that they are still on schedule for shipping in July.  But as you mentioned, they do not have working prototpye yet.  In fact from the update yesterday, they don't even have the chips yet.  So clearly they will not be shipping anytime in July.
They also do NOT accept credit cards.  They keep promising to add this, but as of yet they have not convinced the bank to allow it.  As you yourself pointed out a company has to be legit to convince the bank so that should tell you everything you need to know right there.  My guess is the bank took one look at their business model and said no because they realized this is going to be a million chargebacks.
Lastly regarding the refunds, they promise partial refund (which in and of itself is illegal) but I do not know of anyone who has actually gotten any money back from them despite trying.  Actually, I do not know of anyone who has even gotten a response from them once they mentioned refund.

Anyways, where does that leave you?  Well you're obviously not going to be getting a machine from them in a timely fashion.  Your best bet would be to get a refund, but they don't seem to be honoring refund requests.  I think your best bet is to just convert it to a 50Mh/s.  Yes you lose the difference but you already lost that the day you bought this preorder, thats gone and not coming back anyway.  This way you don't have to send them any more money and eventually you might get something.  It will be worth a fraction of what you paid for it of course but hey something is better than nothing.  Basically any option that doesn't involve you sending them more money is the best option.
quicklynx (OP)
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June 22, 2014, 02:29:06 PM
 #8

Pretty sure alpha t has said these pre orders are not transferable, you should look into that before proceeding.

I agree that refund is your best option at this point.
Good luck with this.  I sent an e-mail to their payments department on the 17th and still have yet to hear back from them.  I have a batch 1 order 50MH machine that I have paid for in full with BTC :/

Not sure how this is going to play out but assuming the worst for now in my case.  Hope you have better luck.

I sent them an e-mail on the 15th and they just responded to it yesterday. Averaging 6 day response time from my past couple e-mails. Hopefully you recieive yours today or tomorrow.
quicklynx (OP)
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June 22, 2014, 02:39:20 PM
 #9

what kind of delivery time are they now quoting?

have they done anything more to show a working prototype?

I offered to visit their offices and they would not let me telling me everything was going on in India - I'm still very skeptical of this company be able to deliver anything and personally think they're scammers at his point but I have an open mind.

They sent their most recent e-mail update yesterday, which has shipping dates estimated between July 15th and 31st.

They have no working prototype that I am aware of, but I will look into this further.

Personally, I do not think they are a scam. They have offered me a 100% Full Refund of the deposit.

They do have an office in England, in which the company is registered to, however, their manufacturing is pretty much in India, like many companies. If you live in England, just show up. Some guys did this to BFL in Kansas, and they got a nice tour.

The company is also accepting direct credit card payments now as well. It doesn't sound like much, but to get your company approved by the credit card companies isn't an easy task, and you have to have solid proof of business. Many companies get around the red tape by using middle man companies like Paypal, etc.. You can choose to pay Alpha with a credit card now without a middle man company.

I hope this helps.

They claim as of yesterday that they are still on schedule for shipping in July.  But as you mentioned, they do not have working prototpye yet.  In fact from the update yesterday, they don't even have the chips yet.  So clearly they will not be shipping anytime in July.
They also do NOT accept credit cards.  They keep promising to add this, but as of yet they have not convinced the bank to allow it.  As you yourself pointed out a company has to be legit to convince the bank so that should tell you everything you need to know right there.  My guess is the bank took one look at their business model and said no because they realized this is going to be a million chargebacks.
Lastly regarding the refunds, they promise partial refund (which in and of itself is illegal) but I do not know of anyone who has actually gotten any money back from them despite trying.  Actually, I do not know of anyone who has even gotten a response from them once they mentioned refund.

Anyways, where does that leave you?  Well you're obviously not going to be getting a machine from them in a timely fashion.  Your best bet would be to get a refund, but they don't seem to be honoring refund requests.  I think your best bet is to just convert it to a 50Mh/s.  Yes you lose the difference but you already lost that the day you bought this preorder, thats gone and not coming back anyway.  This way you don't have to send them any more money and eventually you might get something.  It will be worth a fraction of what you paid for it of course but hey something is better than nothing.  Basically any option that doesn't involve you sending them more money is the best option.

Maybe I read wrong on their forum. I was under the impression that payments could now be made direct via credit card. I did try to pay in full today and the credit card method was not accepted so I rescind what I said about them being accepted by the credit card companies.

You are probably right about the shipping date. It may be awhile longer.

As for their current refund policy it says on their website they don't refund in full due to using the money for development, but I have kept in contact with them for awhile in which they have offered full refund because when I initially ordered (roughly 10 minutes after I got the e-mail that payments were open) their website stated we could get a full refund.

To clarify, I never have actually asked for the refund, only asked about my options with it. As others seem to have been presented with, their demeanor may change if I actually request it.

Looks like I may accept the downgrade eventually and hope for the best. I have time before I decide to go with full payment for the 250MH/s, so I'll just be patient with the downgrade.

Thanks all.
quicklynx (OP)
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June 22, 2014, 02:42:13 PM
 #10

Pretty sure alpha t has said these pre orders are not transferable, you should look into that before proceeding.

I agree that refund is your best option at this point.

Not transferable from account to account, but my plan is to sell my Alpha-T account to someone else, using escrow if they would prefer.
quicklynx (OP)
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July 23, 2014, 12:39:45 PM
 #11

Bump.

Alpha-T officially accepts credit cards now.

I would be willing to accept Bitcoin, Litecoin, or a combo as payment. I'm willing to accept my Pre-Order payment as the price of this auction.

BTC-E prices will be used at time of transfer. Escrow is welcome by trusted partner.

Thanks
quicklynx (OP)
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July 24, 2014, 12:29:56 PM
 #12

At the current rate, I will accept 260 litecoins or 3.67 BTC

Thanks
crashoveride54902
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July 24, 2014, 12:43:35 PM
 #13

At the current rate, I will accept 260 litecoins or 3.67 BTC

Thanks

So did you downgrade it then?

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quicklynx (OP)
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July 24, 2014, 01:13:00 PM
 #14

At the current rate, I will accept 260 litecoins or 3.67 BTC

Thanks

So did you downgrade it then?

I did not downgrade yet. This is for the Pre-Order. They do give you the option to downgrade if you choose. I will leave that decision up to the Buyer.

Thanks
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July 24, 2014, 01:46:06 PM
 #15

Do they offer refunds at this point?  Have they taped out the chips and have a solid shipping date??
quicklynx (OP)
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July 24, 2014, 02:39:46 PM
 #16

Do they offer refunds at this point?  Have they taped out the chips and have a solid shipping date??

I have not received an update on any tape out, although some have claimed to have seen a working prototype. Personally, I have not.

As of right now I haven't seen an update on shipping, so end of July is where that sits.

I have not officially asked for a refund yet. I do plan to at least downgrade to the 50MH/s if I don't sell the Pre-Order.

After the credit card acceptance went through I have faith they are a legit company, and they have faith people won't do chargebacks, etc..

The main thing is banking on the release of the miners and hoping they are first.
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July 24, 2014, 06:06:55 PM
 #17

What sort of price are you looking for then?  I have not followed them much so not sure ballpark is for one of these.
quicklynx (OP)
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July 24, 2014, 08:36:26 PM
 #18

What sort of price are you looking for then?  I have not followed them much so not sure ballpark is for one of these.

At the moment. 3.74 BTC or 282 Litecoin or a combination of both.

1635 Euro

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July 24, 2014, 08:49:35 PM
 #19

i have a 250mh pre order for sale too man. goodluck!

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quicklynx (OP)
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July 28, 2014, 12:24:17 AM
 #20

Still for sale. A couple inquiries, nothing serious yet.

Thanks
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