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Author Topic: [2014-07-29] Alpha Technology Blames PayPal Dispute for ASIC Delivery Delay  (Read 816 times)
Kprawn
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July 29, 2014, 06:22:07 PM
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http://www.coindesk.com/alpha-technology-blames-paypal-dispute-bitcoin-asic-delivery-delay/

Manchester-based mining outfit Alpha Technology has missed its July delivery target, stating that technical problems and a dispute with PayPal have caused delays.

Alpha Technology, which began taking pre-orders for its ASIC miners in January this year, now says it aims to deliver by September.

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Bit_Happy
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July 29, 2014, 06:28:16 PM
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ASIC unit delays are way too common, and Paypal is a plague contaminating large parts of the globe.
Does this story have any 'heroes' or good guys?

FYI: We are <snip>
tntdgcr
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July 29, 2014, 06:41:16 PM
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ASIC unit delays are way too common, and Paypal is a plague contaminating large parts of the globe.
Does this story have any 'heroes' or good guys?

i guess in theory , the heroes are the would be miners who ordered, for putting their $ / time in towards the coming alternative?

OregonMines is expanding. Are you expanding with us?
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July 29, 2014, 06:52:41 PM
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ASIC unit delays are way too common, and Paypal is a plague contaminating large parts of the globe.
Does this story have any 'heroes' or good guys?

i guess in theory , the heroes are the would be miners who ordered, for putting their $ / time in towards the coming alternative?

That's a good attempt to find something positive.  Smiley

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LiteCoinGuy
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July 29, 2014, 07:01:26 PM
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they used paypal? are they crazy Roll Eyes ?

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July 31, 2014, 07:11:31 PM
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They went silent and gagged their spokesperson in June on their forum.

They banned customers who asked questions from the forum.

Only sent out an update after it was completely obvious they were never going to meet the dates they had been promising all along and were getting customers talking of legal action.

Finally tell customers that tape out went wrong, which supposedly happened 4 months ago if i remember correctly and are now half way through tape out again with a fix but have simultaneously only just found out they had problems. Then have the NUTS to say they spoke of transparency WTF they completely ignored customers for over a month and have lied by omitting telling of problems that may leave them open to legal action telling new customers all is on track.

Tried to make everyone pay up knowing they had problems before telling any customers of problems only last week when new CC payment processor stopped accepting them within 2 days.

Veiled threats of not being consumer products so consumer law doesn't apply and they use leading law firms etc. Link to HMRC doc that was posted 2 months after most of early customers made deposits so doesn't apply.

Today more threats of if you don't pay up now with unrecoverable funds we'll cancel your order with no refund. When original T&C's was credit card payments otherwise wouldn't have trusted them now try and squirm out of that again.

But if you do pay with unrecoverable funds you can become a shareholder! I would be checking you're not liable for any legal claims made against this company.

BEWARE!!!

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