Post
Topic
Board Hardware
Re: Official Thread: AMT
by
captin crunch
on 28/03/2014, 20:27:57 UTC

Alright where do we start...  Airflow.. Boards...Backplane.. Cage.. 

Hows about, find a time machine and go back about three or four months and begin telling the truth.

Since I don't believe you are actual capable of anything in the previous sentence, I think the real question here is where does it end?

He just needed to see it was real.

What specs are you looking for, list them and we'll answer.

How about the 300-600W power consumption you initially promised?


That was a typo?  

The real wattage is 900-1300W depending on which of the 3 modes you're running in. (Low power - Nominal -High power)

16000:780000:2000  - low
16000:820000:4000  - nominal
16000:950000:4000  - semi turbo

Typo my ass. this was debated ad nauseum at the beginning of this thread until finally, on Feb 13th You posted this without any other notification to your existing customers that the spec's could not be met.

AMT just "updated" their wattage on the site  to "900W -1200W." Can you believe it! What if they come in "below" expectations, how cool would that be!?

Seriously guys, have a field day with it. Smiley We're still selling the most economic chip on the market.

And the dancing cat was just cute and excited don't you think. Today was a good day guys, lets make the best of it and get excited for next weeks miners.

Lead time on the 1.2Th's is still end of march. Orders that get in soon will still ship by March 31st, just a heads up we'll take down that offer on Friday.

Everyone who bought a 1.2th/s machine from your website before that date was sold a product based on spec's that cannot be met. That would have been a good time to contact those customers and negotiate either an upgrade to compensate for the misinformation or refund their money.

based on your above stated spec's everyone who ordered a 1.2th/s miner will be receiving a 6 board machine to meet your stated 1.2th/s nominal +/- 10% as nominal speed is 1.1th/s which falls within the stated tolerance.
If on the other hand you only plan on sending 6 board machines to compensate for late deliveries then you are still using deceptive advertising on your website as a 5 board machine will not run 1.2th/s nominal. in fact your website still has deceptive information offering 1.2th/s nominal @900 to 1200 watts when as you stated it is actually 1.1th/s nominal +/- @900 to 1300 watts. you know this information so why not update your website so you can actualy deliver the products people think they are buying?

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.

How exactly will the clients from the 1rst few batches going to be compensated. I very much need to know this to help decide which coarse to take. I don't think it is unreasonable to expect an upgrade to 2.4 th/s for those with an advertized delivery date prior to the middle of February as the energy consumption has doubled to tripled as well as the mining difficulty for all who ordered before that date.


No actually you need to mine for 6 months before being upgraded, please read the MPP carefully. And maybe we can try and help you out here.


Quote
AMT knows that the SHA-256 coin mining space is somewhat volatile and coin miners can be somewhat concerned with hardware purchases these days. That’s why we guarantee enough hashing power to meet ROI and then some, when mining SHA-256 coin. If the networks increases to a point where your investment in our technology is no longer profitable, AMT will upgrade your Miner to the next level Miner absolutely free. We want our clientele to succeed and prosper together with.

Miner protection is automatically applied to all purchases from AMT and is valid from the date 09/26/2013. Although in the future, we may add this as an additional paid option during the purchase process. Purchases prior to this update are covered under the Miner protection plan automatically.
How it works:

AMT will receive your order, if the networks hash rate increases to the point where your miner can no longer meet ROI we will upgrade your miner to the next level of AMT miners.
Example:

If you purchase an AMT Steadfast 80ghs and the network hash rate increases to the point where your mining cannot meet ROI from the suggested shipment date for a six month time period, while mining SHA-256 coin, we will ship you a AMT 220ghs absolutely free.
It’s that simple.

Although, there maybe some clientele who would like to mine other SHA-256 coin because other SHA-256 coins are actually more profitable than Bitcoin in the moment. Those clients can opt to receive their miner as planned. If the networks increases to the point where the buyer cannot meet ROI, we will allow the buyer to decide if he/she would like to participate in the AMT miner protection program prior to their miner being shipped. When the buyer’s miner is ready to be shipped, we will give that buyer the option of shipping the original miner which they purchased, or to upgrade to the next AMT miner which will allow them to meet ROI and more. Although, the buyer will have to wait until that unit/model/miner is available for shipment of course. We will contact each buyer either by telephone or email with this option at the time of shipment.

If the network increases so much that the next level miner also can’t meet ROI, the product upgrade will continue to the next AMT product which is profitable. Therefore, no matter what happens, our clientele will be left a ROI either way. Plain and simple. We want our clientele to know that AMT cares about it’s clientele and AMT is a brand that consumers can rely on and trust.

ROI is defined as “a return on investment”.

Your MPP clearly states that we will be sent an E-mail prior to the miner shipping to be given the option to upgrade if it wont be able to produce a profit within 6 mo. of the advertized ship date. my orders clearly meet the criteria laid out in your MPP. An upgrade to 2.4th/s machines is not unreasonable, again based on double to triple the advertized energy consumption and double to triple the network difficulty since the time I was supposed to receive my equipment. As I stated in my E-mail that has not been responded to the only 2 acceptable solutions at this point is to upgrade my 3 miners to 2.4th/s or refund my money. orders #676 and 716