Uncertainty Builds as Alpha Technology Misses Another Shipping Deadline
A photograph of Alpha Technology's registered business address in Manchester taken on 10th December 2014. Source: Bicycle Doctor. British mining equipment maker Alpha Technology has been investigated by police in Manchester, following complaints lodged against it with the national fraud and cybercrime centre, ActionFraud. The centre, which is run by the City of London Police, said it has received 20 reports against Manchester-based Alpha Technology. Those reports were assessed by the national fraud intelligence unit and passed on to Greater Manchester Police (GMP). The Economic Crime Unit....
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Alpha Technology has announced and opened pre-orders last November 2013 their first Batch of Scrypt Asics. Since then the company has been announcing that this first batch would be delivered until themiddle of 2014, early July. Many costumers have made their pre order along with payment and haven’t seen any equipment yet. Alpha Technology led customers to believe they were still shipping in July for weeks and there is still no proof whatsoever that the equipment is being produced. This has spread some discomfort to the majority of the investors and many are already demanding refunds. It....
Alpha Technology was working towards shipping their Viper units by the end of July, but due to technical issues, they had to go through a second-tape-out process, thus delaying the shipments. They waited until July 28th to tell customers about this little surprise, distancing themselves from their claim of being transparent. Their news even went so far as to "remind" all of their customers that they upgraded their devices from 25MH/s to 250MH/s back in May. Even though PayPal did what PayPal does best, and locked Alpha Technology's funds, Alpha Technology was still able to fund the second....
Alpha Viper circuit board. Alpha Technology has confirmed that shipments of its Viper Scrypt miner will suffer delays of up to a month. The company had previously planned to ship the 'batch one' units in September, but now says the date has been moved to October. "We are confident that we will be shipping in the latter half of October 2014, provided everything goes as planned," director Mohammad Akram told CoinDesk, explaining: "We are doing our best to ensure our customers receive the highest quality of product, which is performing at, if not better the advertised hash rates and power....
Alpha Technologies the Manchester based ASIC Company may be facing a possible police investigation following information being reviewed by the National Fraud Intelligence Bureau (NFIB) which found sufficient viable lines of enquiry. To be honest as an Alpha Technology pre-order costumer myself, I’m delighted to hear this news confirmed. My own personal story began with them in January of 2014; I had just got into mining a few months before with a very reliable purchase from Bitmain. “As we will not be spending more time on non-essential components, and as a result also require less final....
Manchester, UK-based Alpha Technology has announced it will start developing the first purpose-built ASIC mining hardware for litecoin, signing a partnership deal with Indian designer and manufacturer Dexcel Designs. The company announced it would begin taking pre-orders for affordable and efficient litecoin ASICs in December, for shipping in early/mid 2014. Alpha Technology is providing its mining and cryptocurrency expertise while Dexcel Designs will handle hardware development, production, and quality assurance. It would represent a significant increase in computing power backing the....