And I suspect they showed us the best looking board they have. Which tells me they have a lot of used boards that are much worse shape than that one.

You guys(who disagree with the man pointing out that it is a used board) have obviously never used a soldering iron, or wiped off a board.  There are some idiots in the mining world. Someone on ebay was trying to sell a used miner board with a piece that was completely cut out of the board. WTF? The boards made today can have many layers for their traces. So they effectively ended the life of the board.(instead of just selling it burnt..which is (possibly)fixable by using a hot air rework wand and some new components.)
The case is all banged up. And this is how you guys were scammed in the first place with that weird electronics setup with old server boards.

This thing even at 180mh/s I dont think it will get above $1000 on eBay today...let alone what it will get when you receive it.

The soldering is obvious. Those ARE burn spots. And on top of that they still have two spots on that specific board filled with solder.

I have torn apart electronics my whole life, and have a ton of hours behind a soldering iron. So I am sure that is a used board. Used for what? I don't know..probably testing

On the images, they removed the exif data from the PCB picture, but it remains intact for their case photos. Nov 11th is when the case photos were supposedly taken: http://regex.info/exif.cgi?dummy=on&imgurl=https%3A%2F%2Falpha-t.net%2Fwp-content%2Fuploads%2F2014%2F11%2FIMG_20141111_151328.jpg

Agreed. No exim data huh ? Very suspicious.

Around this time last year I was running a massive GPU ASIC farm. I had over 100 GPUs at my peak, which was 80Mh/s. I was bringing in about 8k-12k a month, for the first few months at least. I invested around 75K and at the end I was lucky to have recouped 85k, which was 9 months later, some time back in July. If I had played my cards right I could have done much much better, but it is what it is and I learned a lot. I'm not just saying this for no reason. It's an accurate observation from someone who has a lot of hands on experience with PCB boards.

I know without a doubt the pictures of the board that were provided was of a board that has seen significant use. It has already discolored half of the board and it may not even still function. Why don't they flip it over and show us the other side? Because if they do you'll see a big burn mark from where that board took a dump. My guess for why they showed us that board is because the rest are busy hashing away and they don't want to pull one out of production. Greedy bastards.

Has there been a massive spike in the network hash since Alpha got their chips?

Alpha aren't acting  like a company that has mined thousands of $$$ of coin over that last month. They seem to be getting more and more desperate, which leads me to think they are on their last legs and desperately need more cash. I don't think they have enough money to complete development and need the balances paid to move forward. We'll probably see a crappy prototype video some time early next month then Alpha will demand final payment. That's when it will get really interesting. My guess. If Alpha get enough money in final payments they will start mining themselves, ship the minimum amount of customer hardware, then shut up shop and disappear. No ones buying a batch 2 from these clowns and there are much more reliable chip vendors out there than these jokers.

Whatever happens DO NOT PAY THE BALANCE.  If you want a refund should get a move on and don't think just because you paid in BTC you cannot make a claim. Go to moneyclaim and get a judgement YOU WILL WIN. Make a personal claim against Mubasher as well as Alpha and send the bailiffs round to take his car if you have to. Don't wait until they have disappeared before taking action.

I'll repost some important info below:

You can file small claims court proceedings online here:
https://www.moneyclaim.gov.uk/web/mcol/welcome

Money claim online can be used by people living outside the UK but you will need a UK service address. Many people have had success with this one:
http://www.cityaddress.co.uk/index.html

You can contact the UK Citizen's Advice Bureau direct on 08454 040506 or fill out the form on their website. They will pass your complaint on to UK trading standards. If they receive enough complaints they may start a criminal investigation into Alpha. The form can be found here:
https://ssl.datamotion.com/form.aspx?co=3438&frm=citacomplainform&to=flare.fromforms

There is also actionfraud. But I doubt they do anything at this stage. It might be worth logging a complaint though.
http://www.actionfraud.police.uk/

Feel free to drop me a PM if you need any help or advice with your claim

Mohammed 'The Bashful' Akram stubbed his cigarette out on it after taking a call from the Manchester PayPal fraud squad

~LOL~

Consigliori, they have already disappeared.

And rest assured, they are not mining with the hardware. I'd be surprised if the hardware even works, if it exists at all.

ThIs iS a fAcT

Yes they were. I swear on my life, according to a few days about this time last year each rig I had running was bringing in $100 a day in profits, after power consumption. Each rig ran at 3.8Mh/s and had 6 Sapphire 7950's running off a single MB but used two Power Supplies. One 1000W PSU and one 850W PSU and they pulled down about 1400W at 120V, per rig. The rigs cost about $2,000 to build and would ROI in about a month. My only mistake was continuing to reinvest the profits to more and more mining rigs. I should have stopped growing and started focusing on liquidating a month or more earlier than I did. Cost me a lot of my profits. Anyone who is mining cryptos knows they are gambling. It used to be a sure bet, but not so much anymore. I personally am completely out of the mining business and am just watching from the sidelines.

I stand by my own opinions regarding the boards having seen significant use. I've had hundreds of GPUs pass through my hands and PCB boards don't look like that when they are new. Believe what you like. Obviously it's only my opinion, just as you have yours.