From:                              Alpha Technology <no-reply@alpha-t.net>

Sent:                               Tuesday, May 27, 2014 6:38 PM

To:                                   - M

Subject:                          Performance Increase!

 

                                            

 

Greetings Miners!

After long consideration, lengthy negotiations with our vendors/partners and downright demands being placed from our side in light of competitiveness within the market we have decided to further cut our profit margins and are extraordinary pleased to announce that we will be packing more hash power into your batch 1 devices (whilst scaling power accordingly so not to worry on that front):

The new hash rates are as follows:

18Mh/s => Minimum 50Mh/s

90Mh/s => Minimum 250Mh/s

This does not come with some compromise however and after taking your feedback into consideration we know that hash rate and power is your main point of concern when it comes to our miners. This is a "you can't have everything" situation: hash rate + fancy features. As a result of this decision we *are* able to upgrade your devices but as we're going more "back to basics" with the miners and the following features will have to be removed from the units to save both costs, space and speed up the manufacturing process:

- The Viper’s will no longer have LCD displays.

- Wi-Fi functionality will be dropped.

- WebGUI will not be included; the miners will run through a wired USB and ethernet connection fully supporting standard mining software.

As for the free cloud hashing, this will of course no longer be offered as the new hash rates make the cloud redundant for now; we currently have one of the most if not the most competitive offer on this market considering we are still on track for July with the same price.

The cloud mining operation will always have taken place after batch 1 and it is a tough undertaking with many factors needing to be hashed out. Such as building the environment (network, security, hardware, etc.), programming the interfaces, setting a real-time purchase system etc. It's not something that can be done within a day yet we do see a growing demand to give exact details out immediately. That is simply impossible to achieve at this stage, it is not something that should be underestimated and we always, without exception, only want to deliver stable and properly built products: we do not want to rush anything. We are still going to build a cloud, and paying customers may choose to start using that whenever it is ready. When the time comes, we may of course run a promotion for existing clients, especially Batch 1 clients: but we will not, at this time, make any promises on what that promotion will exactly be due to the reasons mentioned above.

As we will not be spending more time on non-essential components, and as a result also require less final manufacturing and testing time, we will still be shipping in July; even with the increased hash rates!

We will be resending invoices with the updated specs, it does not matter whether you have already paid or not; the most recent invoice will be the one that counts. Also just to calm some concerns regarding Payza and paying by credit cards, we will have a new processor up and running in around a week so if you are have any issue with Payza you may want to wait for that, if not please email payments@alpha-t.net with your questions and we must reiterate the forum is not for customer service questions regarding your orders.

More specific details along with product and hashing images/videos will be provided as the chips start coming in and the product develops into the final unit.

We do hope with this decision we have done right by you and as always we will keep you posted.

Best regards,

Mohammed Akram

Director  

 

Alpha Technology Team

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