Topic: Avalon A7 announced - page 47. (Read 147640 times)

I have two of the 741's on order (maybe, no BTC address either), but actually see 3 orders   (kept refreshing, so maybe 6 total).

Given my high electric rate, if Bitcoin drops to 3750 my breakeven becomes 1 year.
So I probably need to host these somewhere.

Since I have only done GPU's (these are my first ASIC's), should I mine at home first to understand them?

Also:  how much network traffic do these use?  The GPU's are minimal

And yes, assuming 0 increase in difficulty, too late at night to figure out what affect a rise in difficulty would have on the breakeven with a declining BTC value.

Plus, nobody expects the Spanish Inquisition, not even notfuzzy! 

Nice try there, phil. I figured it'd be a PITA, didn't think it'd be DOA... 

Way to stay positive, it is nice that they tried to do something to work with us, it is unfortunate how things have pretty much ended. Again thanks to you and sidehack, as well as Steve. Sometimes things just fall apart.

    It is very hard to buy asic gear at this moment with the big btc price.  I do not know what to say to make it happen.
 I will end up getting some psu's from sidehack if he placed that psu order. I will hold them for my solar array ramp up this fall.   Shit happens  I don't hate Canaan.io or Steve  just tired about it.

Also my confidence is shaken  a bit.  I am not sure I want to do the buy even if allowed to do it in two or three small orders. I would hate to see a 34 or 50 unit order not get shipped after payment  is made due to a Chinese export freeze or a big coin price shift.

Based on Canaan's current sales practices, I would not expect them to entertain such requests from resellers. It's not like the resellers are going to stop buying Canaan's products. And as great as the group buy would be, it's not going to satisfy demand enough to lower their profits.

Those poor little resellers had to go ask for protection from the big bad group of people who won't pay their prices anyways.
Whatever the issue is, we should have been shutdown well before the 11th hour, instead of wasting your time and getting sidehack to  order parts to build Psu's; for an order that now probably won't materialize.
Overall just frustrating to deal with the company but they understand you just have to be marginally better than the other guy.

I have drawn the following conclusion if I do a 100 unit single group buy or a pair of 50 unit group buys or a set of three 34 unit group buys at my very small mark up I will under cut all the other people buying pallets of 60.

By huge number so every reseller in the world would hate me.

Soooo I would think resellers all over the world don't want the group buy I organized to get off the ground

As I would kill their sales. Sooo I wonder if I will ever get my group buy approved.

I got a polite maybe in an email reply from Steve early today. I felt he was holding back. I now think some

Resellers asked for protection from my low profit group buy.

As Phillipma found, the bulk orders are shipped directly from China bypassing the 'local' small orders stock Canaan uses which is shipped from HK. "Direct from China' I take means shipped directly from the factory.

As for distributors, biggest problem with it is Bitmain. They have pretty much set the price of miners in general. As a result miners from Canaan, eBang, and Hotmine have to stay close to BM's pricing.

That said, folks have to realize that typical distributor/reseller markup is at least 50% and often 100% (and more when the market will bear it). Doesn't matter if you are Walmart, Home Depot or an eBay reseller that is what drives the supplier/OEM pricing to them (when they have a say in it of course). So... since then end game is for the distributor/resellers to have a market against Bitmains s9 pricing that means that Canaan needs to set their wholesale pricing much lower to have a shot at sizeable reseller/distributor-based market share against Bitmain.

Not going to happen...

Now the fact that people ARE willing to pay Ebay/Amazon resellers a healthy premium to get a miner in days certainly says a lot and certainly helps cushion Canaan's wholesale pricing dilemma but only a little. The main problem buyers face when purchasing from any reseller has always been only 2 things:
NO Factory warranty and NO Factory backup whatsoever
The trust/scammer factor
Having to use Fiat eg 'real money' vs BTC

Ok, that's 3...
What is this? The Spanish Inquisition?

If Canaan officially sets up a shop say using the shipped-direct-from-Amazon setup (Amazon or whoever holds the stock in their hub warehouses and ships from them) then problem solved; Is an Official factory store with painless checkout AND being Official the buyers have full Factory Warranty on the miners.

The Amazon back-end takes care of everything and Canaan largely only has to keep the warehouses full by tracking demand and setting production to match it.. Ja it costs a percentage of revenue from the store-based sales to run but so what? The Premium-priced market obviously IS there plus they way these are built and yes, even look, fits the general idea of how best-quality equipment should look and perform.

I agree 100% and I bet if you ordered one of those pallets today you would probably get it before the people who ordered one or two on the 31st.

What they really need to do is get some distributors.

I feel myself a little bit offended by the fact that Canaan still offer the "Bulk pack" for order. If they insist that the quantity of the ordered miners is more than they actualy have in stock, why do they still offer big packs if they don't have miners in stock? The answer is simple. Their priority is on the big fish. The rest of us, are just spectators.  That's how I think.

Maybe if they required payment at the time of the order like virtually every other business in existence that wouldn't be a problem?

Why would a competitor try to sabotage their sale? It seems every manufacturer is selling these things faster than they can make them. I doubt seriously any manufacturer is going to have a problem selling out of whatever they offer.

Steve Mosher told us that someone uploaded thousands of Chinese documents into their system that prevented them from being able to respond.

My guess: they received thousands of fake orders (likely from a competitor?) and are having to weed through them and figure out which are real.

So just because they choose to handle distribution themselves we customers deserve to be treated this way? When you have a huge demand for your products and you sell them yourself you don't just hire people to help build more of the product you need to hire support staff to deal with customers as well.

Look I get demand is high and supply is low. I understand that am not here screaming that I have my units yet. All I am pissed about is the lack of communication. They could easily take 5 minutes out of their busy day and send a mass email or post something on their website, Facebook or twitter to let everyone know what is going on. If the order numbers are truly sequential they had over 5,000 orders on 8/31. That is a ton. Still how hard would it be for them to post that.

Supply is smaller than the demand right now, this wasn't a problem before August.
Just like someone posted before this is a manufacturer, not distributor.

lol
Look at that order number, posted in twitter:

https://i.imgur.com/febuXpCh.jpg

Mine is #75834 and I'm still waiting for BTC address update. I'm wondering will they(Canaan) ever make it to the last one? This is wrong on so many levels!

Understood, I have a 3000CFM fan already mounted which will suck the exhaust through the flex and dump it in my attic, so I will just size the flex appropriately and not use an adapter.

Hi!

I've been given an opportunity to mine bitcoins in a cooled (15C) server room with free electricity. As it seems, the hardware to choose from is Bitmain S9 or Avalon S7. What do you guys think? And do we know anything on when they might open up for new sales? I'm also guessing that I shouldn't be hoping for delivery untill atleast december, right? (I have a budget of 4500$).

Any tips or recommendations on mining hardware would be greatly appreciated!

/Minecrank

I have 2 new avalons & one of them blown 3 psu (everytime right after he working & heating about 2-3 mins) I think 1 unit defective. anyone experience this problem?

I agree with your rant and also wonder why they can't improve customer service.

Do not restrict air flow.

The fan is moving 1100 watts of heat . Buy ten inch flex duct from Home Depot

Put the fan inside duct along with a few inches of the metal case.

Point the duct at a window. Or a vent you cut into the house.
And not a shitty little four inch dryer duct.