Pages:
Author

Topic: A plea to Yifu (Read 3626 times)

KS
sr. member
Activity: 448
Merit: 250
August 15, 2013, 10:42:19 AM
#48
(...)the community thankfully has other options moving forward(...)

BFL: 100 days
BitFury: ?

(depressing...)
member
Activity: 95
Merit: 10
August 15, 2013, 02:52:35 AM
#47
They use the chips to build their own miners. That is why you suckers are still waiting.
newbie
Activity: 40
Merit: 0
August 15, 2013, 12:39:10 AM
#46
concern and mark!
hero member
Activity: 924
Merit: 1000
August 14, 2013, 11:55:32 PM
#45
All anyone wants to know are answers to the following two questions.

WHERE ARE THE CHIPS RIGHT NOW?
WHEN WILL THE BE DELIVERED?

Anything else is just chaff.

Given there is no response to anyone who as asked these questions via support tickers, phone calls, emails and other means of communication how can anyone reasonably expect Avalon to fulfil their terms and conditions for shipping? The majority of what has been ordered is already late and in breach of the terms of the contract. Given there is no information regarding any of the orders people should be demanding refunds full stop, regardless of the shipping of 30 developer chips that are also VERY LATE and in breach of the terms and conditions that were offered up in these forums. Clearly there is very good legal grounds to go after any company that fails to deliver on time. Sadly Avalon is no better than BFL and the community thankfully has other options moving forward these companies really have nothing substantial to offer the community given their lack of customer service and failure to deliver products according to consumer protection laws.
full member
Activity: 177
Merit: 100
August 14, 2013, 11:51:11 PM
#44
^True, what's visible in the photos is only smaller 3 boxes per large box.  Not sure where Phillip Archer got the info for 6 smaller internal boxes, unless the depth of the 3 boxes is shorter than perceived.   There's one photo of an open internal box which gives some clues, but it's inconclusive.  Agree on mining with half, it would not be necessary to mine with all to maximize profits given the increase to the network.

Set of photos from the orig post:
https://bitcointalksearch.org/topic/m.2694806
full member
Activity: 238
Merit: 100
August 14, 2013, 11:32:30 PM
#43
Phillip Archer describes it in his article in The Genesis Block:
http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/


Quote
Each of the large shipping boxes contains 6 smaller boxes that hold 10 trays of ASIC chips. Given that each chip has a standard clock speed of 282 MH/s, with 260 chips per tray the 10 large boxes in the photographs contain over 105 TH/s. There is evidence that chips can clock to over 450 MH/s, so using an estimate of 400 MH/s to leave some margin would result in 150 TH/s for the 24 boxes. Given that the current network speed is 225 TH/s, these chips coming online would constitute a 40% increase over current hashing power, more than the entire network speed at the end of May.

1 large box in the photos = 6 smaller boxes x 10 trays x 260 chips  or 15,600 chips
135 x 15,600 chips = 2.106 million chips

Well, the photos only shows 3 internal boxes (and only 16 large boxes total, but each box has n/24).  If it's 3 internal boxes (which is what we can see) then 135 boxes = 1.05 million chips ~= 350TH/s, which is what Yifu claims to have sold, and about equal to 100% of the current network (and 50% when they're put into use)

On the other hand, if it is 2.1 million then the "mystery" million chips out there couldn't be in use yet unless no one else were mining.

If you look at the address that the orders went too, it comes out to enough to pay for 100 orders.  Again consistent with 1 million chips being made.

All the available evidence shows:
1) 1 million chips were made
2) 1 million chips were ordered
3) Most of those chips are not currently being used.

And the thing is - they don't even need to use the chips to make money.  If they have a lot of mining capacity, simply delaying the chips will make them money, since they can use their existing equipment to mine at 1/2 the what the difficulty would be if they'd shipped their chips.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
August 14, 2013, 11:04:34 PM
#42
BitSyncom is sipping crown and seven at some swanky club in New York, whilst trying to seduce a hot blonde with curves in all the right places. Oh look, he just checked his smart phone to see if the millions of Bitcoins he made from screwing us are still there... yep they are! Phew!

(AKA. he doesn't give a shit about you.)
full member
Activity: 177
Merit: 100
August 14, 2013, 10:55:53 PM
#41
Phillip Archer describes it in his article in The Genesis Block:
http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/


Quote
Each of the large shipping boxes contains 6 smaller boxes that hold 10 trays of ASIC chips. Given that each chip has a standard clock speed of 282 MH/s, with 260 chips per tray the 10 large boxes in the photographs contain over 105 TH/s. There is evidence that chips can clock to over 450 MH/s, so using an estimate of 400 MH/s to leave some margin would result in 150 TH/s for the 24 boxes. Given that the current network speed is 225 TH/s, these chips coming online would constitute a 40% increase over current hashing power, more than the entire network speed at the end of May.

1 large box in the photos = 6 smaller boxes x 10 trays x 260 chips  or 15,600 chips
135 x 15,600 chips = 2.106 million chips


legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
August 14, 2013, 10:35:31 PM
#40
7,800 chips per large box.
Which would mean you'd need 270 boxes of chips to equal 2.1 million.  I've never seen a photograph of 270 boxes.
There may be other evidence that that many have been made, but there's never been a photograph of all of them in one place, as far as I know.
Someone posted a link showing tracking data on 135 boxes somewhere - that totals 1.05 million chips, about the same number that Yifu claims to have produced.

The above post with the tracking shows 135 boxes.   Even 1mm chips would be hard for one group to roll out.    power (heat) density problems would be very hard to get solved.   but they have had 7 weeks to work on it, so just wait.   it will come

full member
Activity: 238
Merit: 100
August 14, 2013, 10:34:13 PM
#39
7,800 chips per large box.

Which would mean you'd need 270 boxes of chips to equal 2.1 million.  I've never seen a photograph of 270 boxes.

There may be other evidence that that many have been made, but there's never been a photograph of all of them in one place, as far as I know.

Someone posted a link showing tracking data on 135 boxes somewhere - that totals 1.05 million chips, about the same number that Yifu claims to have produced.

Well it's clear you need that BTCman forum thread translated.

Either there's a photo of 270 boxes of chips, or there isn't. if there's no photo, you can't say "2.1 million chips have been photographed".  The fact that someone posts something on a forum doesn't make it true.
hero member
Activity: 532
Merit: 500
August 14, 2013, 10:30:47 PM
#38
7,800 chips per large box.

Which would mean you'd need 270 boxes of chips to equal 2.1 million.  I've never seen a photograph of 270 boxes.

There may be other evidence that that many have been made, but there's never been a photograph of all of them in one place, as far as I know.

Someone posted a link showing tracking data on 135 boxes somewhere - that totals 1.05 million chips, about the same number that Yifu claims to have produced.

Well it's clear you need that BTCman forum thread translated.
full member
Activity: 238
Merit: 100
August 14, 2013, 10:28:00 PM
#37
7,800 chips per large box.

Which would mean you'd need 270 boxes of chips to equal 2.1 million.  I've never seen a photograph of 270 boxes.

There may be other evidence that that many have been made, but there's never been a photograph of all of them in one place, as far as I know.

Someone posted a link showing tracking data on 135 boxes somewhere - that totals 1.05 million chips, about the same number that Yifu claims to have produced.
hero member
Activity: 532
Merit: 500
August 14, 2013, 10:25:18 PM
#36
No they didn't 2.1 million chips were photographed ready and in hand by an ex-Bitsyncom member in late June and posted on this forum.

There were never 2.1 million chips photographed at one time, that would be 210 boxes. And it would be something like 700Gh/s, well over the current total network strength, so its not even possible for that many chips to be in use.

Even if they manufactured 1 million chips as they've said, most of them are likely not in use at the moment at all.

Well all I can see there is 26 rows of 10 per tray.

260 chips a tray.

10 trays a small box.

2,600 chips per small box.

3 boxes per large box.

7,800 chips per large box.

I thought someone stated there were 2.1 million in another thread. Also going in facts from anothe thread these would have been made week 24 at TSMC from the alphanumeric script printed in each chip.

sr. member
Activity: 434
Merit: 250
August 14, 2013, 10:20:34 PM
#35
full member
Activity: 238
Merit: 100
August 14, 2013, 10:18:09 PM
#34
No they didn't 2.1 million chips were photographed ready and in hand by an ex-Bitsyncom member in late June and posted on this forum.

There were never 2.1 million chips photographed at one time, that would be 210 boxes. And it would be something like 700Gh/s, well over the current total network strength, so its not even possible for that many chips to be in use.

Even if they manufactured 1 million chips as they've said, most of them are likely not in use at the moment at all.
hero member
Activity: 924
Merit: 1000
August 14, 2013, 10:14:29 PM
#33
Solution.

Do not buy Avalon products in future.
Demand whereabouts of your 10K lots of chips.
Demand refunds for breach of delivery.
Compile evidence and start legal proceedings by putting Avalon on notice for breach of the terms and conditions for delivery.

newbie
Activity: 36
Merit: 0
August 14, 2013, 09:56:49 PM
#32
It's pretty obvious what happened.

Avalon does not want or does not think it needs to hire a customer service expert to deal with refunds/questions/exchanges.

They underestimated what it would take to ship Batch 1, 2 AND 3.

They underestimated how long the batches would take to build AND ship.

They underestimated their business security needs. This story kept popped up again in June at the Bitcoin conference, and it popped up again recently with the alleged "delay" of the chips.

They underestimated the bureaucratic necessities of shipping a large quantity of goods, dealing with customs in multiple locations.

It's pretty clear now, with all due respect to Avalon, that they seriously underestimated what it would actually take to RUN a company in the modern world, even though they are smart guys.

You guys really need to get a savvy, knowledgeable, worldly business manager AND a security consultant who knows WTF he's doing. You need professional business help, seriously speaking.

So far, the only thing you've done is make a great product. There are lots of companies that have done that, and FAILED MISERABLY. Get some professional help, please.

My thoughts as well.
hero member
Activity: 529
Merit: 501
August 14, 2013, 09:43:58 PM
#31
It's pretty obvious what happened.

Avalon does not want or does not think it needs to hire a customer service expert to deal with refunds/questions/exchanges.

They underestimated what it would take to ship Batch 1, 2 AND 3.

They underestimated how long the batches would take to build AND ship.

They underestimated their business security needs. This story kept popped up again in June at the Bitcoin conference, and it popped up again recently with the alleged "delay" of the chips.

They underestimated the bureaucratic necessities of shipping a large quantity of goods, dealing with customs in multiple locations.

It's pretty clear now, with all due respect to Avalon, that they seriously underestimated what it would actually take to RUN a company in the modern world, even though they are smart guys.

You guys really need to get a savvy, knowledgeable, worldly business manager AND a security consultant who knows WTF he's doing. You need professional business help, seriously speaking.

So far, the only thing you've done is make a great product. There are lots of companies that have done that, and FAILED MISERABLY. Get some professional help, please.

Being a nOOb is all nice and fun and enjoyable, until being a nOOb gets in the way of what it is that you're trying to accomplish. This isn't an MMO at level 3 anymore.

hero member
Activity: 532
Merit: 500
August 14, 2013, 07:53:26 PM
#30
Here.   Even put it on the english side of yangtze river express' site for you.
http://www.track-shipments.com/track-trace.aspx?pref=AWB&awbno=87150508076
Shipment of 135 boxes left pudong (clear Chinese customs), flight flew and arrived in HK.
Then it would have been cleared into HK and trucked to the Uni Glory Logistics warehouse.   Where it went from there?   Your chips in those 1,000,000 + chips?   Who knows?   This was over 7 weeks ago.   You still wonder why the network grew more than the 60TH that was batch III miners?


Minor, have you read that BTCman forum thread. Can you summarise what's said there?

This is the tracking for those Avalon 2.1 million chips received at the end of June.

That's a 853Kg pallet of chips from TSMC to Bitsyncom in June folks! Shocked;







From Pudong Airport - PVG / ZSPD - Shanghai, China, to Hong Kong Airport - HKG / VHHH - Hong Kong, China

8 Weeks ago.

http://imgur.com/a/GR0e3

Apparently it originated from here;

http://www.btcman.com/bbs/forum.php?mod=viewthread&tid=4621&extra=page%3D1&page=4
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
August 14, 2013, 07:47:35 PM
#29
Here.   Even put it on the english side of yangtze river express' site for you.
http://www.track-shipments.com/track-trace.aspx?pref=AWB&awbno=87150508076
Shipment of 135 boxes left pudong (clear Chinese customs), flight flew and arrived in HK.
Then it would have been cleared into HK and trucked to the Uni Glory Logistics warehouse.   Where it went from there?   Your chips in those 1,000,000 + chips?   Who knows?   This was over 7 weeks ago.   You still wonder why the network grew more than the 60TH that was batch III miners?
Pages:
Jump to: