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Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
(I am here form the beginning warning you guys, posting pictures, posting the inside of there magical Willy Wonka factory, and now its time for the i told you so..)
No buddy you weren't. You only joined this forum in Feb 2014 way after Alpha closed their first round of pre-orders so lets cut the bullshit. Your first post on this thread was in August and you've been spamming the same bollocks ever since. (https://bitcointalk.org/index.php?topic=314402.msg8371900#msg8371900)
Lets not pretend you're some genius whose predictive powers were ignored by all the gullible fools in this thread. You're just a Jonny come lately arsehole trying to make his dick look big by spamming shit people smarter than you had already pointed out.
You're the same ZetaOS that posted this:(https://bitcointalk.org/index.php?topic=485237.msg7155938#msg7155938)
I must say i have really good impression of Mining ASICs Technologies.
Its a real frim, in a really building, and i have seen even some real people ;-)
It seems more then legit to me.
I hope my effort helped the mining community, and a thinks are more clear now.
If there are any questions, please ask them.
Its a real frim, in a really building, and i have seen even some real people ;-)
It seems more then legit to me.
I hope my effort helped the mining community, and a thinks are more clear now.
If there are any questions, please ask them.
Those amazing predictive powers of yours again eh? Your argument seems to be. They had shit hole offices and they're called Mohammad. Your buddy over at MAT had nice offices and was called Marc but still turned out to be a scam artist. I guess its ok for him to rip people off because his skin isn't brown. Jog on you racist wanker.
After careful consideration I'm not sure I could have put that any better myself if I had tried. On another note I'm not sure why we give these complete fcuktards the time of day. I find it winds them up more by keeping silent.
Well done that man.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
confused..
mo akram is british born?
why does he use apologize instead of apologise?
mo akram is british born?
why does he use apologize instead of apologise?
Probably auto spell
quite, but why have machine set to US english? The mans a fool.
Because that's what office seems to default to. A common mistake and hardly a hangable offence!
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
400 GH of scrypt hash-power just appeared out of nowhere - that's nearly 50% of yesterday's total hash power.
Someone, somewhere has just taken delivery of some serious scrypt ASICs which work. I'm guessing that this is not alpha.
Someone, somewhere has just taken delivery of some serious scrypt ASICs which work. I'm guessing that this is not alpha.
Titan's pre-shipping test ?
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
http://www.downforeveryoneorjustme.com/alpha-t.net
Looks like it's for everyone.....
Just waiting for the status to change on http://wck2.companieshouse.gov.uk to in liquidation.
Looks like it's for everyone.....
Just waiting for the status to change on http://wck2.companieshouse.gov.uk to in liquidation.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
As I understand it one of the directors (not the father) is a practicing accountant, for which he has spent many years studying. If they were to do anything unlawful on exit then he would not be able to a) be a company director for a number of years, or b) lawfully practice as an accountant ever again.
There is currently only one appointed director: AKRAM, MOHAMMED MUBASHER (MR) - is that who you mean?
Freezing bank accounts is hardly an option, not least because the company has had ample time to move any money out of company accounts. Legal action, bailiffs and otherwise can only take what the company has.
I stand corrected. I thought the resignation as director was his father, not his brother. Indeed there is only one appointment.
Anything goes !!!!
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
I don't think they will do anything unlawfully with the funds or with closure / insolvency process - whichever comes first!
As I understand it one of the directors (not the father) is a practicing accountant, for which he has spent many years studying. If they were to do anything unlawful on exit then he would not be able to a) be a company director for a number of years, or b) lawfully practice as an accountant ever again.
I think if anything these guys will close down legitimately, however that said I don't believe there will be any funds/assets left to distribute to creditors as any cash they did have has been spent at Dexcel/Foundry.
As I understand it one of the directors (not the father) is a practicing accountant, for which he has spent many years studying. If they were to do anything unlawful on exit then he would not be able to a) be a company director for a number of years, or b) lawfully practice as an accountant ever again.
I think if anything these guys will close down legitimately, however that said I don't believe there will be any funds/assets left to distribute to creditors as any cash they did have has been spent at Dexcel/Foundry.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
I told them I paid in full more than 10 weeks ago, and they've breached their own T&C by not delivery and that I want a full refund. I also stated I'm not a business customer, no matter how they try to squeeze it.
Now that I've paid 100%... they are "not unreasonable" and will "give back 30% of my money" cause they are good, ethical, transparent people. But they get to keep 70% of MY money they did NOTHING to earn. Not gonna happen.
Hello there,
We are very sorry but as per our cancellation policy it has been longer
than 5 months since you placed your order therefore you are no longer
eligible for a refund. Please note we have been very clear and open with
our terms of order, it was released as a news update, it is easily
available on our website and you are urged to view it on the product
page before you order. Such regulations only apply to consumers and you
are a business customer with us. I can assure you that our legal matters
are dealt with by a leading law firm in the UK. Our terms of order are
completely legal in the UK. It was typed up by solicitors who specialize
in this area of law. They have advised us that all our customers will be
legally classed as businesses for many reasons, one being that the
hardware we are selling can only be used for mining cryptocurrencies
which is a business practice according to HMRC. So we assure you we have
done our research on this; we wouldn't be having this discussion if we
were breaking the law.
This is not accurate, our terms specifically state: 'Remainder will need
to be paid 8-10 weeks before shipment' hence we've told you when
shipment will be (September) and you now know when you need to pay.
Having said that as goodwill we are allowing people to wait up until
shipment to pay.
Our terms specifically mention end of Q3 as the latest we hope to ship,
if we announce we will try to ship sooner it is done purely in goodwill
and not something we are contractually obliged to do. The date in our
terms is the only one that is legally binding as that is the agreement
you accepted. Trying to ship sooner and announcing such is a goodwill
gesture on our part and is not legally biding.
Having said all that we are not unreasonable and as a gesture of
goodwill we are willing to refund you your deposit, this will be done
via PayPal, please confirm?
Best Regards,
Alpha Technology Team
Now that I've paid 100%... they are "not unreasonable" and will "give back 30% of my money" cause they are good, ethical, transparent people. But they get to keep 70% of MY money they did NOTHING to earn. Not gonna happen.
Hello there,
We are very sorry but as per our cancellation policy it has been longer
than 5 months since you placed your order therefore you are no longer
eligible for a refund. Please note we have been very clear and open with
our terms of order, it was released as a news update, it is easily
available on our website and you are urged to view it on the product
page before you order. Such regulations only apply to consumers and you
are a business customer with us. I can assure you that our legal matters
are dealt with by a leading law firm in the UK. Our terms of order are
completely legal in the UK. It was typed up by solicitors who specialize
in this area of law. They have advised us that all our customers will be
legally classed as businesses for many reasons, one being that the
hardware we are selling can only be used for mining cryptocurrencies
which is a business practice according to HMRC. So we assure you we have
done our research on this; we wouldn't be having this discussion if we
were breaking the law.
This is not accurate, our terms specifically state: 'Remainder will need
to be paid 8-10 weeks before shipment' hence we've told you when
shipment will be (September) and you now know when you need to pay.
Having said that as goodwill we are allowing people to wait up until
shipment to pay.
Our terms specifically mention end of Q3 as the latest we hope to ship,
if we announce we will try to ship sooner it is done purely in goodwill
and not something we are contractually obliged to do. The date in our
terms is the only one that is legally binding as that is the agreement
you accepted. Trying to ship sooner and announcing such is a goodwill
gesture on our part and is not legally biding.
Having said all that we are not unreasonable and as a gesture of
goodwill we are willing to refund you your deposit, this will be done
via PayPal, please confirm?
Best Regards,
Alpha Technology Team
that is such bullshit.....
I was asked to pay the remainder of 70% on may 22nd. at that time the september date was absolutely not mentioned.That means the i must have a machine 10 weeks after may 22nd (juli 10th)
why do they insisnt on diggin a deeper and deeper hole for themselves.
pay us our lawfull refund. if they spend 1/100th of the time banning people on researching the UK law, they would know we are right and they are illigally denying a full refund, which i have clearly demonstrated in post 2702
https://bitcointalk.org/index.php?topic=314402.2700
I can not fathom the idea why they would want hundreds of cases against them in court, this will cost so much time and resources that it could be the downfall of the company. That is absolutely unnessacairy becasue they can mine with the hardware of fully refunded customers, and then re sell it.This will ensure the future of the company. A reputation is worth twice as much as a good product. and bad news travels twice as fast as good news.
They should not throw all their hard work away for stubbornness, we have the law on our side and justice will happen for us.I just wish i wasnt forced to do it via the legal routes.I wish to do it as gentlemen and simply recieve my 5450 GBP investment as per my right by the distance selling regulations.
and whatever lawyer told them this was legal should be fired at once.I was one of their defenders, its a shame when even the good people are forced to turn around.
First: There's no chance they have a real lawyer. If they did, they'd redirect every single person to them.
Second: What I don't get is, they outsourced the development, they should still have all their money until said development is complete. If they paid in advance, they should have signed some contract to if unreasonable delays (a month) happen, they get discounted service.
Third: By Sept's "supposed delivery date," which is impossible to meet if they are just now redoing their tapeout, there is a 0% chance of recovering their money, even 'at cost'. They'd still go bankrupt. They know this, which is why they are not giving refunds. They have a worthless product... if they didn't they'd have no problems with refunds... and transparency... and ethics.
If you have to keep repeating how ethical, generous, and transparent you are... you're in denial. Someone that IS ethical, doesn't have to tell the same customer over and over again every time their is any interaction.
In the vast majority of cases people only paid the deposit, a percentage of those (including myself) got refunds early on. The rest would have gone to Dexcel, I wouldn't imagine for one moment they have a lot of cash left.
They would need to rely on the balance payments to finish this process off, and I can't see that happening.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
tomorrow I will be sending a letter explaining why I want a full refund.
Also I will be referring AT to the police, trading standards, and the directors to companies house. I will also be writing to my MP to ask he investigate with his local counterpart in Manchester. HMRC will also get a letter too as if they are screwing us about like this you can bet they have screwed up VAT and tax returns. Customs is now attached to HMRC and make MI5/MI6 look like pussys. especially when it comes to Companies.
Recent events are deeply concerning.
The Directors have to act painfully honourably now as I can see insolvency on the horizon. This seems to be unavoidable. If they shuffle funds out a trustee will find it. They will face further criminal prosecutions. We should, as a community, be the largest creditors. This will enable us to choose the trustee. I can advise CBW in London would be a very good choice. Medium sized. Hopefully won't spend all the money they have and may recover much. The head of insolvency knows so many people he will have the resources to find the truth.
I may be successful in my claim but it usually takes a few months and I think the authorities will take control of the company before that happens.
Will post my letters and claims here tomorrow.
Also I will be referring AT to the police, trading standards, and the directors to companies house. I will also be writing to my MP to ask he investigate with his local counterpart in Manchester. HMRC will also get a letter too as if they are screwing us about like this you can bet they have screwed up VAT and tax returns. Customs is now attached to HMRC and make MI5/MI6 look like pussys. especially when it comes to Companies.
Recent events are deeply concerning.
The Directors have to act painfully honourably now as I can see insolvency on the horizon. This seems to be unavoidable. If they shuffle funds out a trustee will find it. They will face further criminal prosecutions. We should, as a community, be the largest creditors. This will enable us to choose the trustee. I can advise CBW in London would be a very good choice. Medium sized. Hopefully won't spend all the money they have and may recover much. The head of insolvency knows so many people he will have the resources to find the truth.
I may be successful in my claim but it usually takes a few months and I think the authorities will take control of the company before that happens.
Will post my letters and claims here tomorrow.
The company has no assets, any cash in bank has been used to buy the chips (which don't work).
Whilst customers / community may be the main creditors I'm afraid that 100% of nothing is 0.
I've been saying for many weeks now, if you're in this don't wait for any letters or give them deadlines, work quickly to extract your refunds now, before there is nothing left to play with.
Good luck.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
I, as a paying customer, was banned yet again. So much for ethics and transparency. I guess I shouldn't point out they were not transparent nor ethical, when they clearly knew at the point in time when they were collecting the 70% final payment there was 0 chance of a July delivery.
I was just banned too. These guys are criminal! Too bad for them that I'm an attorney and I'm already starting to draft my lawsuit against them. I did, however, start proceedings with my bank for my bank wire. If my bank is unsuccessful in securing my 30% deposit in full, I will sue the pants off of them. They don't stand a chance. These idiots don't know a well written contract from a ghetto tagging.
Sorry but this is just hilarious. 24 hours ago they hoped to put everything behind them, unban everyone from their forums in an attempt to get everyone on side, install that warm and fluffily about the new approach, the shining light, the way forward.
24 hours later they are mass banning people for much of the same behaviour i.e. asking legitimate but probing questions.
Business as usual.
Is there anyone that believes they can deliver. For them their only hope is that there are people which do believe they can do it, those people and only those people will fund the remaining dev work, without which I doubt AT can raise the necessary funds to complete this monstrosity!
Pass me a another nail for that coffin....
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
does the original terms say the terms can be changed at any time or that we would be viewed as a buisness?
- Their T&C as of 9.2.2014 stated UK customers pay added VAT (on final payment). We are not business, that's absolutely clear.
Offtopic, even KnC may have difficulties to defend their claim that all customers are businesses in court, as many have paid VAT and no proof was asked for.
Just to clarify in the UK if businesses are VAT registered then they can add VAT to an invoice regardless if you are business or personal customer. Obviously if you are a business customer and are also VAT registered it is to your benefit as you can claim this VAT back. If you are not a business or are a business but not VAT registered you are unable to claim this back.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
you ordered a product that would be shipped in q3, that has not passed. now live with it and stop whining
You ordered a product which was due for shipping worst case scenario 15th July. That did not happen. People have every reason to be upset with AT.
With the proposed new delivery date these units will never ROI.
every asic roi`s, the questin is how long will it take.
i will put it on a multipool
http://poolpicker.eu/
put it on nicehash, 250 mh/s x 0.00482350btc =1,205875 btc per day
= 701.19 USD per day , making the roi :
9 254.18175 U.S. dollars (5450 gbp) / 701.19 = ROI 13,19782338595816 days.....
so whats the issue here exactly?
there will always be new coins, and a multipool takes full advantage of this
Based on whats happening now.
With a ton of Titans and other kit delivering before the Vipers, difficulty will rocket and ROI will be questionable.
You're buying a door stop now.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
you ordered a product that would be shipped in q3, that has not passed. now live with it and stop whining
You ordered a product which was due for shipping worst case scenario 15th July. That did not happen. People have every reason to be upset with AT.
With the proposed new delivery date these units will never ROI.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
If you're in the UK, I would advise visiting. Nobody has done that recently, at least that is publicly known.
Yea im surprised, dat UK customers dont visit them oO (and telling their story here on forums)
I was a UK customer but did get a refund (some time back).
I'm wondering whether perhaps they chose to refund UK customers knowing that we are the ones which are more likely to turn up to their door and create havoc? If they kept us sweet, then they were highly unlikely to get any disgruntled offshore customers turn up due to costs and logistics.
Just a thought.
Was it a full refund?
It was as per their terms.
Any difference was an acceptable loss to my company.
Congrats. You fell into their trap. There was no product to begin with. They wanted you to give in and take that 70% refund. They were EXPECTING the free 30% that you gave them.
lmfao. can't believe you fell for it. It's a shame you aren't fighting till the end. You shouldn't have given in. no no no sir.
@Bulldozer.
Like I say for my business this was a no brainer, I could afford to make a small loss. I got the vast majority of my deposit back.
As I see it several thousand back a few months ago is better than nothing now.
Who's laughing now ?
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
If you're in the UK, I would advise visiting. Nobody has done that recently, at least that is publicly known.
Yea im surprised, dat UK customers dont visit them oO (and telling their story here on forums)
I was a UK customer but did get a refund (some time back).
I'm wondering whether perhaps they chose to refund UK customers knowing that we are the ones which are more likely to turn up to their door and create havoc? If they kept us sweet, then they were highly unlikely to get any disgruntled offshore customers turn up due to costs and logistics.
Just a thought.
Was it a full refund?
It was as per their terms.
Any difference was an acceptable loss to my company.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Technical issues during tape-out. delivery promised for Sept.
Funny. So dispatch date is now end of September.
They informed us before that they started the chip production and even payed 20% extra to get it faster. That was an ordinary lie apparently.
If tape out went wrong they knew it in May or June. So much about the transparency from their side.
Actually they have shown no proof, no picture of anything. Just a drawing of the PCB that we have seen months ago.
But there is good NEWS as well! According to the manual CEO referred to the WIFI is back!
Also, the unit will be stand alone with CGMINER working on their native hardware! Wow!Very much this^
There is that blame game again rearing its ugly head. It is all Paypal's fault.
Why does this feel like a shell game? Nothing in that so-called announcement warranted the "update is coming soon" other than having to employ a graphic artist and someone with knowledge to hurriedly create those cartoon images. Nothing else. Not one thing. It is not like they have been waiting till the very last minute to hear from the foundry what the very latest delivery date will be. Since they are already "half-way through" fixing the issue completion would certainly be known well in advance.
PayPal ? they never accepted PayPal as an Option !?!
They did at the beginning, that's how I paid.
when ? i was there at the beginning i didnt saw this Option - if im wrong - how said fiaz - my apoligizes to all out there
I had to double check this, but I've just gone back through my Paypal history and yep I have a transaction for 22 Jan and refund on 22 March.
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Just a coincidence or does Alpha always provide an update on the day that KNC announce more news....
https://www.kncminer.com/news/news-98
https://www.kncminer.com/news/news-98
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
Technical issues during tape-out. delivery promised for Sept.
Funny. So dispatch date is now end of September.
They informed us before that they started the chip production and even payed 20% extra to get it faster. That was an ordinary lie apparently.
If tape out went wrong they knew it in May or June. So much about the transparency from their side.
Actually they have shown no proof, no picture of anything. Just a drawing of the PCB that we have seen months ago.
But there is good NEWS as well! According to the manual CEO referred to the WIFI is back!
Also, the unit will be stand alone with CGMINER working on their native hardware! Wow!Very much this^
There is that blame game again rearing its ugly head. It is all Paypal's fault.
Why does this feel like a shell game? Nothing in that so-called announcement warranted the "update is coming soon" other than having to employ a graphic artist and someone with knowledge to hurriedly create those cartoon images. Nothing else. Not one thing. It is not like they have been waiting till the very last minute to hear from the foundry what the very latest delivery date will be. Since they are already "half-way through" fixing the issue completion would certainly be known well in advance.
PayPal ? they never accepted PayPal as an Option !?!
They did at the beginning, that's how I paid.