Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
vesperwillow
on 06/08/2014, 15:49:40 UTC
i have been offerd a 30% refund after asking for a full refund under the distance selling regulations.....

Cheeky !

i do not accept a 70% loss on 5450 GBP. i did not fall out of a tree and hit my head this morning

But you're expecting them to ship in september?

Even if they did, it's still going to be a loss. Just tossing out some random numbers here, 250mh @ 200watts @ 0.10$/kwh on litecoin @ 100k difficulty would give you $500 in a month. That's precluding rise in difficulty, and the fact that those power numbers aren't even realistic.

250mh at those specs with TODAY'S difficulty, would get you almost a positive ROI in 45 days. Almost. And that's precluding the rise in difficulty as well.

Unless your angle is to use legal leverage when they don't ship.

Either way, Alpha's window to provide customers with a worthwhile product passed long ago. At this point, if they ship, the best thing anyone can do is mine with it while having it up on ebay for sale to some poor sap.