Quote from: Puppet on February 20, 2014, 10:31:31 PM

Quote from: Biffa on February 20, 2014, 09:59:58 PM

Have you been in the Bitmine thread? Its not much prettier than here.

While what you say is true, there are very important differences worth pointing out; bitmine have demonstrated a working machine, have shown piles and piles of components (not just a few trays of chips), have known and trustworthy people working with them, there is no mystery about their incorporation or their funding (which is very significant), there are no questions about their technical ability seeing that their self developed chip and PCB actually works (achieving that is quite something else than gluing a few third party PCB's in to an mATX case), etc, etc.

Also not unimportant, Bitmine published specs and they actually seem to have hit them dead on (a first ever for bitcoin asics?), while AMT deliberately misrepresented the specs of those very same chips. Bitmine missed their timing, but unlike AMT, its reasonable to assume they did not expect to, and unlike AMT (and HF, CT, shall we mention BFL?) they actually have a useful miner protection program that guarantees its customers a significant hashrate increase and/or refund policy, going as far as refunding 10% on top of the purchase price.

In short, Bitmine customers that where promised delivery first week of January should receive ~50% more hashrate than they ordered, some even double their order, and apparently at the promised power efficiency. AMT customers will receive at best the nominal hashrate, at less than half the promised power efficiency and my guess is, long after Bitmine's customers. That is, if AMT customers receive anything at all.

When I ordered my 1.2's (#676 1ea. and #716 2ea.) AMT had a ROI warranty on their site that was similar if not exactly like bitmine.ch but has since also been quietly removed but they have mentioned it here at least twice but going back over their posts I can only find 1 reference remaining

Quote from: AMT_miners on December 15, 2013, 10:46:09 PM

Clients in the first few batches that ordered the 1.2 will be compensated in for the late delivery, and will be highly rewarded in the future regarding all AMT products.

I refrained from entering this shit storm but cannot refrain any longer.

If and when I receive my machines I am expecting there won't be any room for expansion as all slots should be full of compensated boards and chips.

When I ordered I had a choice of knc or amt. I chose to go with amt mainly for 2 reasons. 1 there delivery schedule made me believe that I had a chance to ROI and still have a month or 2 before the difficulty went so high that the machine would eat electricity faster than it could make bitcoin. (I calculated august and that was with the 300-600 watt estimate) which is the 2nd reason I chose amt over knc. They represented their product as being much more efficient than anything on the market. Now their best power estimate is 3 time higher than when I ordered. I have been in e-mail contact with Jim a couple of times, the last was to inquire if there was a problem with my 2nd order which showed pending a couple weeks after the check was cashed. He assured me the order was fine and processing and that he would change it in the computer. To this day it still says on hold pending. As you all know a couple of weeks ago amt said we would get an e-mail asking about our case preference. that never came. (frankly Im like the other folks that at this point I wouldnt care if they just sent me a bunch of boards wrapped in toilet paper.) Then monday they said tracking numbers and video by wednesday. just 1 more thing on the long list amt has promised but didn't deliver.

If there is anyone on here who is retarded enough to apply for a job with these guys, good luck getting paid or for that matter having a job for more than a few months. For anyone already working there might I suggest a job search in your spare time. I have been in the manufacturing business for more than 35 years (started my ow company when I was 14) and I have seen a lot of people think they could make it only to go under a short time later. it is true 90% of new businesses go under in the 1st 5 years. But of all the start-ups I have seen come and go over the years, (and it has been a lot) none hold a candle to the lack of business skills these guys exhibit. I seriously doubt these guys will be in business by the end of the year. I could be wrong as I have been wrong before but in my experience that is the road they are going down.

To recap i am expecting to be generously compensated for the late delivery and triple power consumption as per the warranty on your website at the time of purchase as well as all who ordered before January and for said compensation to be taken care of before you start filling those 2th orders you advertized for march "guaranteed"
Personally I found that to be an insult to all who have been waiting patiently for any little scrap of info we can get.

Toots
here is some more info for your list.

#676 11/15/13 1ea. 1.2th N
#716 11/22/13 2ea. 1.2th N

#699 11/16/13 1ea. 1.2th N (ordered by a friend who doesn't fallow this forum)(embarrassed to admit after pointing him to there site)