Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
Xell
on 17/08/2015, 04:11:24 UTC
Basically.. "winning" would be 380 GBP, and in my case that fee was recoverable. They also advocated for 8% interest per year because Alpha was being "unreasonable" which was also granted.

It should have been 8.5%, it is fixed by law rather than just a made-up number they think is reasonable.

https://www.gov.uk/late-commercial-payments-interest-debt-recovery/charging-interest-commercial-debt

Ironically, this is ONLY applicable to business to business transactions, something Alpha have been very keen to tell everyone is indeed the case!