Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!

[mandular]

The only thing you should buy from a Mohammed 

Unfortunately but you're right. This project didn't looks good. People must be very careful in this kind of investment. 

[juni0r]

Will they be forced into bankruptcy?  Would also be interesting if Alpha as an UK registered company is obliged by law to have the assets on hand in UK etc.

If you want you can even impose bankruptcy to Alpha T if they refused to refund you. But it is recommended to consult your lawyer before you take this action.
Read on

https://www.gov.uk/apply-to-bankrupt-someone

I have filed a small claim court against Alpha T and they will have to response within 14 days. I will let you guys know the status of this action.

[vesperwillow]

[scutzi128]

FED's will likely look into AT http://arstechnica.com/tech-policy/2014/09/feds-butterfly-labs-mined-bitcoins-on-customers-boxes-before-shipping/

KNC should be investigated for this.

[jrose120]

It's clear that most of these ASIC manufacturers are testing or "burning in" their machines on the actual network instead of the test-net. BFL is a perfect example of this business model. They were more interested in running customer machines for their own benefit then actually shipping them. They held back customer machines to the tune of 3% of the entire BTC network. Might not sound like a lot, but it represents a lot of money.

So now we have AT, and they aren't even in charge of assembly of their units. I can just imagine it now. All of these Vipers running in India for weeks or even months before being shipped to the UK. Where they will likely be tested again so that AT can pocket as much as possible before shipping a worthless product. Essentially it's a double dipping out of the customers mining hardware.

[phzi]

I can just imagine it now. All of these Vipers running in India for weeks or even months before being shipped to the UK.

Pretty sure they've said the units would ship directly from India... lol, "units"... as if something actually exists.

[mandular]

That`s what I said days ago. Alpha T mining already on vipers ...

They only laughing when are reading of all this

[jrose120]

I can just imagine it now. All of these Vipers running in India for weeks or even months before being shipped to the UK.

Pretty sure they've said the units would ship directly from India... lol, "units"... as if something actually exists.

What are they in control of? Sounds like they outsourced everything, including the non-existent customer service. So if a customer gets a faulty "Unit", or if they refuse delivery, it goes back to India? This just gets better and better doesn't it.

[phzi]

I can just imagine it now. All of these Vipers running in India for weeks or even months before being shipped to the UK.

Pretty sure they've said the units would ship directly from India... lol, "units"... as if something actually exists.

What are they in control of? Sounds like they outsourced everything, including the non-existent customer service. So if a customer gets a faulty "Unit", or if they refuse delivery, it goes back to India? This just gets better and better doesn't it.

They were always quite clear that they were going to outsource all of product development.  Originally they stated that Dexcel was organzing pretty much everything and Alpha was providing support and knowledge of scrypt mining.

[fightalpha]

Just a friendly reminder that we at http://fightalpha.net/ have a slew of information for you to rummage through to make your small claims case.

[Zeta0S]

Good new!
First Miners Received!



CGMiner98 will be provided whit your new viper miner


The faster models have liquide cooling

[jrose120]

Those pictures give a whole new meaning to hashing power.

[beitris.dwlul]

Just don't be one of those people who doesn't see the writing on the wall, here.

[OMGimbroke]

Let us summarize what we can AT accuse in court in order to get our money back!

So far I've got;
 - Misleading omissions; discribed here, http://www.legislation.gov.uk/ukdsi/2008/9780110811574/regulation/6
 - Failed to meet the shipping target, Q2/Q3 2014
 - Several changes to the T&C without permission from the customers
 - Refusing refund; Under the DSRs, a customer’s right to cancel is unconditional. http://dshub.tradingstandards.gov.uk/dsrexplained
 - changed the product specifications; 25MH/S, 600 watts -> 250MH/s 1875watt
 - changed the price, then Total price: £5450. Remainder will need to be paid 8-10 weeks before shipment, which will include shipping cost to your location. Now Full Price: £5450 (excl. VAT & Shipping)


Any more that I've forgot to add in the list? We need a strong case before we go to court!

[pw4x3r]

you need to read back much further. there's a shitload of stuff here.....


Alpha has violated the following:

Claiming Paypal would be an option for final payment and not offering it.
(Now they say they are offering it at the end of development, but that would be impossible to offer it 8-10 weeks prior to shipping)

One-sided compliance with obligations
They requested final payment for delivery 5/22/2014 and 8-10 weeks have passed and the product is nowhere near shipping.

By requesting final payment for delivery and then pulling the option for credit card transactions only days later
(Thereby forcing buyers into an unprotected transaction.)

Misleading Omissions
By trying to fool their customers into believing this was a business to business transaction without telling them ahead of time
The Consumer Protection from Unfair Trading Regulations 2008  
http://www.legislation.gov.uk/uksi/2008/1277/contents/made
http://www.legislation.gov.uk/uksi/2008/1277/regulation/6/made

Quoting HMRC saying this is a business transaction because mining devices can only be used for mining.
But HMRC actually says:
Income received from Bitcoin mining activities will generally be outside the scope of VAT on the basis that the activity does not constitute an economic activity for VAT purposes because there is an insufficient link between any services provided and any consideration received.

"The customer is not eligible for a full refund or chargeback as per our terms and conditions.. bla bla bla"
Everyone who requests chargebacks through their credit companies being granted them. Alpha is in violation.

By trying to illegally fool their customers into believing consumer laws do not apply to their transaction.

By attempting to limit our legal rights
"Your pre-order is made under English law and under these terms to the exclusion of all other terms you may seek to impose. You and we hereby agree to the exclusive jurisdiction of the English courts in relation to the resolution of any dispute or difference under your pre-order but we may commence proceedings in any jurisdiction in order to enforce our rights under the pre-order and these terms."

Not honouring statements made by the trader's staff
Numerous times, all over the forums, A.T. employee Fiaz Malik has assured everyone that delivery of the product would be no later than July 31 (in an attempt to get customers to pay for a product that is nowhere near ready)

One-sided interpretation of the contract
If you request a refund and you are denied and you paid in January, they are violating their terms
Reason: Terms only state less refund at 3-5 months but nothing about no refund between 6 months and final delivery!

Oh, and because today is August 1...
Failure to deliver product or show any physical evidence that it actually exists by the deadline specified in the contract.

[jrose120]

Is it too late to buy in for their next batch? You'd think they would be focusing on their next product.

[SaintRocketis]

Is it too late to buy in for their next batch? You'd think they would be focusing on their next product.

I'm sure there are plenty of people who are fully paid up for the first batch willing to sell you the empty promises that they have.

[vesperwillow]

By requesting final payment for delivery and then pulling the option for credit card transactions only days later
(Thereby forcing buyers into an unprotected transaction.)

AKA their Bailout funds to start a new tapeout.

Is it too late to buy in for their next batch? You'd think they would be focusing on their next product.

I mentioned a short while back that if they had plans for future development, they'd already be lining up a 2nd batch and opening the sales at least 60 days prior to shipment of the first batch (90-100 typically). However, they are not, and with no apparent future plans (they stopped talking about Batch 2 a long time ago), there's no indicator that they're sticking around.

[Slipknot79]

Alpha is still lying to their customers

"This is not the case, our terms clearly present our shipping dates as targets and not guarantees. We are of course as regretful of this delay as you are as such we are trying to do whatever  we can afford to do to make up for it and at the moment it looks like loyalty bonus payments is the best way."

https://forum.alpha-t.net/index.php?topic=1003.75


but:
"Shipping  Booked shipments will be delivered within Q2/Q3 of Year 2014. Live updates shall be provided on exact shipping date. Shipping is worldwide."

http://www.abunchacrap.com/Alpha01052014/AlphaTerms010520141.html


No word of beeing a "target". As stated in their T&C Alphanoobs even provided this exact shipping date with their update on 20th June:

"We will also be releasing a full guide on how to use the miners both with the WebGUI and without it before shipment (which will begin somewhere from the 15th-31st of July). "

https://alpha-t.net/news/viper-update-20062014/

[semidead]

Is it too late to buy in for their next batch? You'd think they would be focusing on their next product.

I'm sure there are plenty of people who are fully paid up for the first batch willing to sell you the empty promises that they have.

Yeah, if you really want to take the risk, this is what you should probably do.