Alpha Technology Blames PayPal Dispute for ASIC Delivery Delay
Andrew Laurus contacted CoinDesk to say that, as of 21st December, he surrendered his shares in Alpha Technology Ltd and is no longer a shareholder, nor has any role or connection to the company. Manchester-based mining outfit Alpha Technology has missed its July delivery target, stating that technical problems and a dispute with PayPal have caused delays. Alpha Technology, which began taking pre-orders for its ASIC miners in January this year, now says it aims to deliver by September. "We may have perhaps overpromised," Alpha Technology's 23-year-old managing director Mohammed Akram wrote....
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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 Technology has a new development update and its Viper scrypt board seems to be making headway. The British ASIC maker said it has completed the schematics for the ATX power distribution board and of the AC power metering board. Those of the actual ASIC board are not complete yet, but Alpha said it is "almost" done. In addition, the company has finalised the design of the enclosure and WebGUI user interface. ASIC tape-out initiated. Alpha said it is currently in the process of initiating tape-out at GlobalFoundries. The chip design has been finalised and sent to the foundry for....
Alpha Technology, the British company who announced in November it would be one of the first to bring ASIC mining devices for litecoin and similar cryptocurrencies to market in 2014, this week announced it would begin taking pre-orders for 30% deposits. Customers may now register their interest on the website. There will be two devices available, both employing stacked Viper Boards: one 5MH/s device for £1,350 (about $2,225) and a 25MH/s device for £5,450 (about $8,980), plus VAT for UK customers. Alpha Technology said both the hashing rates and delivery times quoted were deliberately....
Bitcoin payment processing company BitPay recently terminated its association with controversial mining equipment manufacturers Alpha Technology after receiving a series of complaints from their customers. The US-based mining company started to take pre-orders for their ASIC mining machines - Viper Miner 5MH/s and 25MH/s - in early January last year. Despite failing to meet the delivery deadlines in October, Alpha Technology continued to take money from customers by introducing other products, among which some were rumored to have their self-developed chips. To cut the long story short, no....
In what could probably be considered the first major move of the year in the litecoin mining space, a British company by the name of Alpha Technology is set on bringing ASIC Litecoin Miners to the markets in the second or third quarter of this year. The company has announced that they're beginning pre-orders for the standalone miners, which come at about 5MH/s and 25MH/s, priced at about $2,200 and $8,900 USD respectively (these are conservative estimates). Unlike a majority of the bitcoin miner pre-orders we've seen, Alpha's pre-order system is to only accept 30 percent of the total....