Official TerraHash representative here.

In order to be classified as a "scam", we have to be accepting money from you. All the folks who have contacted us since this morning, asking to place a pre-order, we have told them that we are not accepting any orders until we have something to ship.

Regarding the address, its not an alley, it is a wharehouse/retail space. It is for rent (see link below[1]). We are in the process of finalizing the lease. We don't have anything to do yet, as we all know Avalon has not released the specs yet. We will be buying the chips boards in bulk from BkkCoins (we are already in talks with him). We are already in talks with different suppliers for the components (again waiting for the Klondike design to be finished). We have already ordered automatic assembly machines (solder paste dispensers, SMT pick and place, reflow oven etc.).

The reason we went ahead with the press release so early is to gain hold in this market that is going to get very competitive soon.

I won't be replying to this thread anymore, and will be starting a new really official thread.

Thanks all.

[1] http://sfbay.craigslist.org/sby/off/3742997789.html