Topic: [Announcement] Avalon ASIC Development Status [Batch #1] - page 10. (Read 155339 times)
I have a suggestion for future 'pre-order' funds management.
This suggestion only works of the vendor does not need to use the funds prior to shipping for operating expenses (and if they do, I would argue that pre-orders and are inappropriate source of funding anyway.)
I suggest that an entity who wishes to queue up in the delivery line simply transfers a particular value to an address that _they_ retain control of. The address list would be public domain. When their turn comes up in the queue, they can optionally take delivery. If at some point prior to delivery they wish to de-queue, they just transfer the funds back out.
Any terms involving exchage rate adjustments (and the like) could be drawn up. As long as it's clear that the vendor had an option to capitalize on favorable exchange rate moves up front, I'd be totally fine with that. To clarify:
- if the BTC values go up, the original outlay is taken
- if the BTC values go down, additional funds are needed to exercise delivery.
In vendor-favorable scheme like the above example, the customer may still choose to take delivery or not. If not, the next guy in the queue gets the option.
Lots of permutations are possible. It is the case that people with excess funds could queue up as a speculative move planning to potentially sell their spots (which is why I used a vendor-favorable example above.) At the end of the day, though, who cares? Accounting and management of funds should be trivial and mechanical. Most importantly, it should leave the customer in control. Bitcoin offers some pretty unique opportunities because of it's transparency and it would be cool to seem them leveraged by vendors in efforts to demonstrate good intentions.
From the original post of this thread.
Intro. Avalon launched with a challenge to our competitors: a over 50% dollar per GHash gain. Our competitors since then has also increased their specifications in order to stay competitive. Deviated from their original plan the competition managed to even the playing field, yet we simply proceeded with our original design goals and have reached 64Gh/s, and now 66Gh/s! Once again taking the lead in $/Ghash. While the competition promised early delivery dates but kept pushing them back. Avalon instead gave an very conservative estimate but now is scheduled to ship even earlier at Jan. 20th 2013.
...
$1,299? Yep, to stay with the spirit of the competition. $1,299 for 66Gh/s.
...
$1,299? Yep, to stay with the spirit of the competition. $1,299 for 66Gh/s.
Very interesting what is estimated summary pre-orders amount in Avalon...
300 pre-orders in first batch.
300 x 60 GH/s = 18,000 GH/s
increase of hashrate by 18,000 GH/s until next month.
ASIC Bitcoin Miner
Done right
~60GH/s starting at $1,299. Avalon, a world first, coming to your doorsteps Q1 of 2013.
4
DAYS
17
HOUR
Very interesting what is estimated summary pre-orders amount in Avalon...
300 pre-orders in first batch.
300 x 60 GH/s = 18,000 GH/s
increase of hashrate by 18,000 GH/s until next month.
I used to send scanned documents to pay warrants 200,000,846.
Status of the order has not changed, the letters from the scans or who did not reply, sent to the address: [email protected], yifu.guo @ avalon-asic.com
Order # Date Ship To Order Total Status
200000846 11/24/12 --------- $8,159.94 Pending Wire View Order
The wire came in on the 11th of this month, a month plus late... I'm aware of this order, but due to it's nature being two wire transfers it did not complete automatically. This matter will be addressed.
until now the status has not changed.
So, $400k.
Not enough, not enough... Okay lets see.
Not enough, not enough... Okay lets see.
right, $400k.
300 x $1,299.99 = $389,997.00
not enough for ASIC production but maybe they have own or foreign capital involved.
A structured ASIC costs 300k €
this is exact the pre-orders amount.
€300k x 1.30 = $390k
So, $400k.
Not enough, not enough... Okay lets see.
Not enough, not enough... Okay lets see.
right, $400k.
300 x $1,299.99 = $389,997.00
not enough for ASIC production but maybe they have own or foreign capital involved.
A structured ASIC costs 300k €
So, $400k.
Not enough, not enough... Okay lets see.
Not enough, not enough... Okay lets see.
right, $400k.
300 x $1,299.99 = $389,997.00
not enough for ASIC production but maybe they have own or foreign capital involved.
So, $400k.
Not enough, not enough... Okay lets see.
Not enough, not enough... Okay lets see.
Very interesting what is estimated summary pre-orders amount in Avalon...
300 pre-orders in first batch.
300 x 60 GH/s = 18,000 GH/s
increase of hashrate by 18,000 GH/s until next month.
Very interesting what is estimated summary pre-orders amount in Avalon...
No demo
Yeah, they still haven't given a solid answer on this (unless I missed it?). It's a bit odd.
I am glad Avalon helping me to dance on Josh bones.
But I should warn all of you about Avalon itself.
No demo, no tests, no bitcoin hashrate increase so far. Only pics with unnamed chips. And 5 days to delivery.
Lets see, lets see...
But I should warn all of you about Avalon itself.
No demo, no tests, no bitcoin hashrate increase so far. Only pics with unnamed chips. And 5 days to delivery.
Lets see, lets see...
...Josh? Is that you in there? You've not taken to trolling your own troll accounts to keep the "debate" moving, surely? Things will improve you know, you might even get ASICs before the end of next month (just be sure you're first in line on that 2nd batch of Avalons!)
Oh no! You've discovered my secret!
I mean his.
Huh... 14th, then the 19th, now it's the 21st?
Interesting...
Interesting...
You get very little irony in your diet, true...?
It's not irony when I'm pointing out that they are doing the exact same thing they have been vilifying us for. So, yeah, I guess it's irony, but not on my part.
BitSyncom: We are shipping on the 14th! BFL you keep pushing your date back, it is dishonest to push your date back!
BitSyncom: We are shipping on the 19th! BFL you keep pushing your date back, you suck because you keep missing your date!
BitSyncom: We are shipping on the 21st! BFL you keep pushing your date back, we've only pushed it back two days!
I guess we'll see in another 7 days. Irony indeed.
That is not the ironic fact i was refering to tho.
There is a difference between a few days and a few months as you may know.
The irony in this case is that you do way way worse then the people you are so eager to accuse.
And they at least have the decency to inform their customers/investors beforehand and not a few days after the fact.
(This is of course completely besides the point that there is also irony in avalon getting delayed.)
The most ironic thing of all is that no-one understands his tactics. He already knew before he penned his troll-post that his company is more incompetent and deceitful when it comes to their delivery schedule, that was the bait. Which you took. If he could patent this trolling manoeuvre (which is actually as old as the beginning of time), he'd have earned alot of royalties using it on this forum, as it's one of the few trolling techniques
...Josh? Is that you in there? You've not taken to trolling your own troll accounts to keep the "debate" moving, surely? Things will improve you know, you might even get ASICs before the end of next month (just be sure you're first in line on that 2nd batch of Avalons!)
Huh... 14th, then the 19th, now it's the 21st?
Interesting...
Interesting...
You get very little irony in your diet, true...?
It's not irony when I'm pointing out that they are doing the exact same thing they have been vilifying us for. So, yeah, I guess it's irony, but not on my part.
BitSyncom: We are shipping on the 14th! BFL you keep pushing your date back, it is dishonest to push your date back!
BitSyncom: We are shipping on the 19th! BFL you keep pushing your date back, you suck because you keep missing your date!
BitSyncom: We are shipping on the 21st! BFL you keep pushing your date back, we've only pushed it back two days!
I guess we'll see in another 7 days. Irony indeed.
That is not the ironic fact i was refering to tho.
There is a difference between a few days and a few months as you may know.
The irony in this case is that you do way way worse then the people you are so eager to accuse.
And they at least have the decency to inform their customers/investors beforehand and not a few days after the fact.
(This is of course completely besides the point that there is also irony in avalon getting delayed.)
The most ironic thing of all is that no-one understands his tactics. He already knew before he penned his troll-post that his company is more incompetent and deceitful when it comes to their delivery schedule, that was the bait. Which you took. If he could patent this trolling manoeuvre (which is actually as old as the beginning of time), he'd have earned alot of royalties using it on this forum, as it's one of the few trolling techniques
It's not irony when I'm pointing out that they are doing the exact same thing they have been vilifying us for. So, yeah, I guess it's irony, but not on my part.
BitSyncom: We are shipping on the 14th! BFL you keep pushing your date back, it is dishonest to push your date back!
BitSyncom: We are shipping on the 19th! BFL you keep pushing your date back, you suck because you keep missing your date!
BitSyncom: We are shipping on the 21st! BFL you keep pushing your date back, we've only pushed it back two days!
I guess we'll see in another 7 days. Irony indeed.
BitSyncom: We are shipping on the 14th! BFL you keep pushing your date back, it is dishonest to push your date back!
BitSyncom: We are shipping on the 19th! BFL you keep pushing your date back, you suck because you keep missing your date!
BitSyncom: We are shipping on the 21st! BFL you keep pushing your date back, we've only pushed it back two days!
I guess we'll see in another 7 days. Irony indeed.
When Avalon is 4 months past their initial delivery date (Feb '13), then you can say that. Until then, shut up.
Yeah josh STFU
How to describe everyone's feeling ?
eagerly ......
anxious ......
tired ......
doubt ......
eagerly ......
anxious ......
tired ......
doubt ......
Huh... 14th, then the 19th, now it's the 21st?
Interesting...
Interesting...
You get very little irony in your diet, true...?
It's not irony when I'm pointing out that they are doing the exact same thing they have been vilifying us for. So, yeah, I guess it's irony, but not on my part.
BitSyncom: We are shipping on the 14th! BFL you keep pushing your date back, it is dishonest to push your date back!
BitSyncom: We are shipping on the 19th! BFL you keep pushing your date back, you suck because you keep missing your date!
BitSyncom: We are shipping on the 21st! BFL you keep pushing your date back, we've only pushed it back two days!
I guess we'll see in another 7 days. Irony indeed.
That is not the ironic fact i was refering to tho.
There is a difference between a few days and a few months as you may know.
The irony in this case is that you do way way worse then the people you are so eager to accuse.
And they at least have the decency to inform their customers/investors beforehand and not a few days after the fact.
(This is of course completely besides the point that there is also irony in avalon getting delayed.)
The most ironic thing of all is that no-one understands his tactics. He already knew before he penned his troll-post that his company is more incompetent and deceitful when it comes to their delivery schedule, that was the bait. Which you took. If he could patent this trolling manoeuvre (which is actually as old as the beginning of time), he'd have earned alot of royalties using it on this forum, as it's one of the few trolling techniques
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