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Topic: "Avalon" ASIC, announcement & pre-order. pre-order over. project started. - page 29. (Read 98445 times)

newbie
Activity: 19
Merit: 0
So sad I wont have enough $ to get in on this =(
hero member
Activity: 728
Merit: 540
sr. member
Activity: 252
Merit: 250
hero member
Activity: 752
Merit: 500
bitcoin hodler
Would love to join the club, but even 1300 $ are a lot to send away in an irreversible currency with no guarantees and seeing no product for several months. It's not even about trust. I wouldn't do it with BFl, so why would I do it here?

yeah, I would definitely need lot more information if I were to spend 1300 dollars on a product
hero member
Activity: 504
Merit: 500
Hi Ngzhang

count me in for pre-order of 1 unit. BTC or PayPal preferred. I´ll finalize the order as soon as your ordering web site is online.

thx for all efforts and looking forward to it.

same with me.
newbie
Activity: 9
Merit: 0
Hi Ngzhang

count me in for pre-order of 1 unit. BTC or PayPal preferred. I´ll finalize the order as soon as your ordering web site is online.

thx for all efforts and looking forward to it.
sr. member
Activity: 473
Merit: 250
Sodium hypochlorite, acetone, ethanol
can this one made with a number of network utp ports? so i can throw away my old router?  Roll Eyes
legendary
Activity: 980
Merit: 1040
I mean if the hashpower of the market is at 75TH/s when you receive your Avalon, you'll have a ROI of 40 days.

We are now approaching 25TH while the network is doubling every ~4 months. If current growth were to continue, so without any asic effect, we would already be around 75TH by the time Avalon might ship  (ok, Im  ignoring  effect of reward halving, but no one is going to shut down his FPGA let alone ASIC when rewards halve). 

We now know of  4 or 5 asic vendors that will build devices, logical consequence is a price war follow at the latest after the first wave of asics hit the market and difficulty goes in to 8, perhaps 9 digit numbers. I think 75TH will be much much much too low as estimate. BFL fpga->asic upgrades alone could account for ~100-200TH.
legendary
Activity: 1526
Merit: 1001
So, a few competitors out in the market now. Tycho offers 40Gh for 1299 USD. In comparison Avalon is a good choice.

But some of the voices concerning the "take our money upfront" business practices that are voiced over in that thread apply here too. Bfl has set an example, and I don't think it's a good one. How about an escrow service?

I have no illusions about everyone who's still mining Btc will do it with Asics next spring. A 60gh/s Asic will be the new 5970s. Nothing more and nothing less. The rat race is on again ;-) Perhaps I'll have no choice as to switch to Ltc mining permanently.
hero member
Activity: 728
Merit: 540
Because not only Ngzhang is a person to be trusted, but if the number given above is right, I mean if the hashpower of the market is at 75TH/s when you receive your Avalon, you'll have a ROI of 40 days. Fair trade to me. Could be even better if the other asic manufacturers are late or don't deliver.
But from the looks of it, BFL and BTCFPGA will deliver in 2012 and the Avalon is late to the party in 2013, so your 40 days will quickly dwindle to 80 or 160 days. Still not a bad investment though ;-)

Just too bad we can't all get November delivery


Or these companies will meet technical difficulties and will be late.

All in all, it's a win / even-more-win situation.

At worst, they all deliver on time, Ngzhang is late, and it's a blank deal. I take that bet.
legendary
Activity: 1112
Merit: 1000
Because not only Ngzhang is a person to be trusted, but if the number given above is right, I mean if the hashpower of the market is at 75TH/s when you receive your Avalon, you'll have a ROI of 40 days. Fair trade to me. Could be even better if the other asic manufacturers are late or don't deliver.
But from the looks of it, BFL and BTCFPGA will deliver in 2012 and the Avalon is late to the party in 2013, so your 40 days will quickly dwindle to 80 or 160 days. Still not a bad investment though ;-)

Just too bad we can't all get November delivery
hero member
Activity: 728
Merit: 540
Would love to join the club, but even 1300 $ are a lot to send away in an irreversible currency with no guarantees and seeing no product for several months. It's not even about trust. I wouldn't do it with BFl, so why would I do it here?

Well,

Because not only Ngzhang is a person to be trusted, but if the number given above is right, I mean if the hashpower of the market is at 75TH/s when you receive your Avalon, you'll have a ROI of 40 days. Fair trade to me. Could be even better if the other asic manufacturers are late or don't deliver.

BTW that's why I'll vote for speed against power consumption, because I don't care about the pennies it will mine 2 years from now, but I care about the next months of high mining profit.

So Ngzhang (and all investors around here) please hurry, each day passing is costing 3 BTC per missing Avalon device.

(25BTC * 6blk/h * 24hours * 60GH / 75TH)
hero member
Activity: 592
Merit: 501
We will stand and fight.
Would love to join the club, but even 1300 $ are a lot to send away in an irreversible currency with no guarantees and seeing no product for several months. It's not even about trust. I wouldn't do it with BFl, so why would I do it here?

maybe some body should start a glbse funds project for a risk exploration? Grin
legendary
Activity: 1526
Merit: 1001
Would love to join the club, but even 1300 $ are a lot to send away in an irreversible currency with no guarantees and seeing no product for several months. It's not even about trust. I wouldn't do it with BFl, so why would I do it here?
full member
Activity: 137
Merit: 100
I will order 10+ units of Avalon.

For me time is the first important of thing.
c_k
donator
Activity: 242
Merit: 100
I would like to firmly place my vote on the energy saving side, some of us have very expensive electricity and it would be a shame to miss the opportunity for optimization.
member
Activity: 116
Merit: 10
LOL I just realized something. He's saying if he doesn't get 300 units ordered, then the entire batch gets canceled. Well 300 orders @ 60GH/s each is 18TH/s, all entering the market at the same time ~ Feb 2013.  Shocked
at that time this will be a fraction! i expect dificulty to be 10x meaning 180TH Wink

Yes. BFL current estimated TH/s sold from it's thread is around 30 TH/s, this will be another 18TH/s, and there are 2 or 3 other legitimate ASIC making companies trying hard to reach the December halving. So we can guess at least 75 TH/s after the dust settles and more coming online all the time.

We will be at 10M difficulty real soon and I personally have mining contingency plans up to a difficulty of 100M. The real question is, how long will it take to get there? 1 year? 4 years(next reward halving)? The answer will determine how much these machines will ROI.
hero member
Activity: 607
Merit: 500
LOL I just realized something. He's saying if he doesn't get 300 units ordered, then the entire batch gets canceled. Well 300 orders @ 60GH/s each is 18TH/s, all entering the market at the same time ~ Feb 2013.  Shocked
at that time this will be a fraction! i am expecting dificulty to be 10x meaning ~200TH Wink
that means that in order to get the same BTCs/day you have to 10x your current hashrate (the faster the better)
that is why the ASIC delivery time is more critical than power savings!
If someone cannot or doesn't want to get ASIC at least he/she should buy BTC or turn to other coins Wink
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