Hi generalt, yes, they are shipped directly from Taiwan, so shipping is $260 per unit. I can say that they are very well packed as well.

You can a see a recent unboxing an review from an independent user here, if you'd like: https://litecointalk.org/index.php?topic=24945.0

http://i.imgur.com/evcB4cr.png

AlcheMiner Anniversary Sale Part II

AlcheMiner is having an anniversary sale featuring a Buy Two, Get One limited promotion!

All miners are in hand and shipping immediately!

AlcheMiner Alchemist 256MH/s Scrypt Miner
Was $4,497 - Now $1,499 each!

Buy Two, Get One Free: $2,998 + $780 Shipping = 768MH/s for $3,778 shipped!

Ultra Lower Power Consumption: ~2200W per 256MH/s Unit

$4.92 $/MH
8.594 W/MH

To see more information or to purchase an Alchemist, visit www.AlcheMiner.com! You can also email sales@alcheminer.com!

http://i.imgur.com/evcB4cr.png

AlcheMiner Anniversary Sale Part II

AlcheMiner is having an anniversary sale featuring a Buy Two, Get One limited promotion!

All miners are in hand and shipping immediately!

AlcheMiner Alchemist 256MH/s Scrypt Miner
Was $4,497 - Now $1,499 each!

Buy Two, Get One Free: $2,998 + $780 Shipping = 768MH/s for $3,778 shipped!

Ultra Lower Power Consumption: ~2200W per 256MH/s Unit

$4.92 $/MH
8.594 W/MH

To see more information or to purchase an Alchemist, visit www.AlcheMiner.com! You can also email sales@alcheminer.com!

I personally don't have the financial information, but it has been communicated to me that the IPO funds were used for the design and manufacturing costs. That was the point of the IPO overall; as a point of reference, nearly all of the funds (approximately 99.1%) were raised outside of Havelock.

With the demise of some Scrypt manufacturers and the consolidation towards cloud mining, AlcheMiner remains one of the few companies catering to the small and middle-size consumer. We're hoping that the sale, offering 768 MH/s for $3780 shipped will spur sales and provide a good cost basis for Scrypt miners.

I spoke with Sophia just yesterday; basically the low BTC and LTC price has put the company in a holding pattern. Stock is waiting on hand for either of those rates to rise; luckily the LTC difficulty remains relatively stable for the moment.

Hi guys, I was simply trying to let you know that it's not just 'dead silence'.

As you know, I'm the IR Manager for the company - I'm here to be the go-between for them and the forum members here. This does put me at the disadvantage of not having all first-hand knowledge of all of the company's workings, so I'm only able to communicate the information that I'm provided. Anyone is still welcome to email the team directly at info@alcheminer.com as well.

As you probably know, a low BTC/USD price and a low LTC/BTC rate has made it hard to get a decent margin on the machines. In addition, the mask cost was high and that cost still needs to be recouped. Despite these issue, the company is still getting more customers and word of mouth is spreading. The company hopes distribute a dividend to shareholders in the future, but the initial outlay needs to be earned back first.

Hi guys,
I'm in contact with Tom and Sophia, they're definitely still out there putting in the work. I've asked for a status update to provide but they haven't provided any information for me to provide to investors.

Hi jimmothy,
AlcheMiner definitely designed its chips in house; we did the chip design and taped out to TSMC through GUC (Global Unichip). If anyone here has contacts at either of these companies, they're welcome to verify that independently.

Regarding the case design, it's becoming somewhat of a 'generic' design, so that's the reason for the similarity.

Personally, I'm happy with the quality of the case design - and I think it looks a bit sharper than the boxy Titans 

http://i.imgur.com/evcB4cr.png

AlcheMiner September Sale

Great news for all of our prospective customers! AlcheMiner is having a limited time sale for new customers - all miners are in hand and shipping immediately!

AlcheMiner's Alchemist miners feature industry-leading efficiency and an extremely competitive price per Megahash rating. In addition, the miners are produced in Taiwan with chips fabricated from the world-class TSMC foundry, so their quality is unmatched.

AlcheMiner Alchemist 96MH/s Scrypt Miner
Was $2,500 - Now $1,500!

Ultra Lower Power Consumption: ~900W

$15.625 $/MH
9.375 W/MH


AlcheMiner Alchemist 256MH/s Scrypt Miner
Was $6,500 - Now $3,900!

Ultra Lower Power Consumption: ~2200W

$15.234 $/MH
8.594 W/MH

Standalone chips are on sale as well; see the site for more details.

To see more information or to purchase an Alchemist, visit www.AlcheMiner.com!

Finally, come visit the AlcheMiner team at the BitcoinExpo China this weekend - see you there!

http://i.imgur.com/xDyCiBB.png

Hi Stompysteve,
We actually find that the Alchemists are priced competitively for the market - these are in hand and ready for delivery; they are not pre-orders and they are very power efficient.

Many of the competition's miners are very power-inefficient compared to the Alchemists and we believe that this will be an increasing advantage as competition in the space increases. In addition, the Alchemists have exceptional build quality and reliability.

Thanks for your interest!

Thanks to everyone for their patience! Here is the official announcement regarding shipping:

[AlcheMiner] Alchemist attains less than 10W per Mhs, shipping immediately!

Special promotion for the first 100 units – Don’t miss your chance!


09/08/2014  The Debut of Alchemist, a low-power green miner!

1.      The Debut of Alchemist: An ultra-low power Scrypt miner
Thank you for your patience! AlcheMiner is pleased to announce that Alchemist, our ultra-high performance, ultra-low power Scrypt miner, is now ready for shipment. We have two models available: (1) Alchemist 96Mhs; (2) Alchemist 256 Mhs. You can find more details from our website: www.alcheminer.com. You can also see our demo in the following links:
 
English demo: https://www.youtube.com/watch?v=5q7KHmSiAbQ&feature=youtu.be

Chinese demo: http://v.youku.com/v_show/id_XNzc2NDcyMTUy.html
 
 
2.      The Age of Green Mining: Why go with a green miner?
We would like to promote the concept of green mining – mine with low-power miners to save not only electricity but also the earth! Our Alchemist offers such opportunity. There are at least three benefits to select a green miner like Alchemist:
 
(1)   Save electricity on daily basis!
(2)   Achieve longer product life: When other power consuming miners phase out, your Alchemist still lasts!
(3)   Save the earth!
 
Let’s embrace the age of green mining with the debut of Alchemist!
 
 
3.      Special Promotion for the First 100 Units!
To appreciate your patience, we are pleased to offer very special promotion for the first 100 Alchemists!
 
(1)   Alchemist 96Mhs: Only US $2,500 only! (50% off from original price)
(2)   Alchemist 256Mhs: Only US $6,500 only! (50% off from original price)
 
To be the first to take advantage of these special offers, please order from our website: www.alcheminer.com. Shipment is based on the order of your payment.
 
 
4.      The Offer of Scrypt-1 Chips: Let’s make green mining a reality!
To further grow the cryptocurrency industry, it will take collaboration among different parties across this sector. Therefore, AlcheMiner is glad to partner with other mining companies to make green mining a reality. If you manufacture Scrypt miners and would like to purchase chips from us, please contact us. We also have special promotion for limited quantity on our website: www.alcheminer.com.

Hi lophie,
I've been in touch with Sophia over the last few weeks; there is an announcement coming soon, sorry that I can't say more at the moment! 

Since it is August 1, AlcheMiner wants to provide the following update for investors:

Currently, TSMC's capacity is very full. Therefore, we won't be able to get chips based on original schedule. However, we are targeting to do demo and start shipping before mid-August. Our vendors, including foundry and packaging houses, are working hard towards this goal. More details will be announced as they are available.


This was a large pre-order; the additional shares on Havelock were additional shares sold at the IPO price.

The reference PCB will be completed this month. With PCB ready, chips can be mounted on the PCB boards in three days.

Hi All,
Thanks again for your patience. AlcheMiner is happy to provide the following update!

• The multimillion dollar order that was referenced earlier has been closed and paid
• This pre-order payment made up for the lack of funds that would have been raised by the IPO and used for the payment to the foundry
• Chips have been taped out to TSMC
• Chips are expected to be delivered late July or early August
• Assembly will take three days, so shipping is expected in early August
• Luckily, the chips are expected to outperform initial specifications, so keeping the promised hashrate increase for August shipping should not affect the company's bottom line

'

Additional updates will be forthcoming!

Hi culexevilman, thanks for your patience. I'm awaiting the go-ahead from the team to release additional information. 

Hi hdbuck. I don't keep track of ASICMiner on a play-by-play basis as many do on the AM thread. However, I've been informed the given timeline is still realistic.


Kushedout,

Apologies for missing your PM from June 6th - the large deal is one that would raise the remaining funds not raised by the public offering.

I'm working with Sophia and Tom to see what additional information that I can release to investors. Be sure that as soon as I have information that I can disseminate, I'll be here with it.

While BFL's 'Two Weeks' comparisons are fashionable these days, do note that ALC hasn't missed any deadlines or hard dates set by the company. It is still early to mid June and the scheduled shipping date is July.

The team appreciates everyone's patience and understanding.

Hi Red,
Last week the company closed a large deal, so Sophia and Tom are just finishing up the final details for that. The tapeout should begin soon and hopefully we'll be able to provide a more exact timeline in the coming days.

Thank you

Hi Jaymax - not sure if this was a question or just a quote for posterity, but this is still accurate. If the requisite capital isn't raised, then IPO investors will receive their funds back. It is possible that the company will raise additional funds outside of Havelock (to complete the funding) if necessary.

Order Update

To date, the IPO has raised over 2,300 BTC - a big thanks to all of our investors so far! The good news promised last weekend has been a bit delayed, but should be coming this week.

In the meantime, AlcheMiner is finalizing nearly $1,000,000 of pre-orders! Specifically, a customer from China has ordered $600,000 of AlcheMiner chips and a US-based customer has ordered $200,000 of finished Alchemist Scrypt miners! Both orders will have 100% deposits and are simply pending signed agreements.

In addition, another customer would like AlcheMiner to produce Scrypt ASIC miners on an OEM basis for them. In essence, the Alchemist miners will be-rebranded under the customer's brand and will be re-sold in that customer's geographical area. The customer's company is currently raising capital through through private investors and bank financing. Both AlcheMiner and the prospective customer have agreed on terms; the potential revenue from this order will be $2.5 Million - $5 Million! If/when the customer's financing is secured, the order will also have a 100% deposit.

Tom and Sophia are working tirelessly to finalize additional orders in the pipeline as well.

Development Update

Once AlcheMiner's capital has been raised, the tape-out will begin to TSMC (Taiwan Semiconductor Manufacturing Company). While capital is being finalized over the next week or two, the engineering team will be doing the final double-check on the IC design and double-checking that the chip's performance on a system level (software and PCB) before the tape-out. The team is taking advantage of this additional time to ensure that ALC customers will receive the most efficient product possible.

Thanks again to all of our investors!