Topic: Avalon batch [2] countdown! - page 79. (Read 141540 times)
It seems to me that Avalon 2 is late.. Probably what happened is Avalon is installing their SMT and will ship Batch 2 and 3 simultaneously.
http://mineforeman.com/2013/04/23/butterfly-labs-ship-jalapenos-asic-bitcoin-miners-to-customers/
Butterfly Labs ship Jalapeños ASIC Bitcoin miners to customers
Butterfly Labs ship Jalapeños ASIC Bitcoin miners to customers
WOW. Can't even imagine how p1ssed single sc and minirig customers that pre-ordered in June of 2012 are right now. Now they get to compete with people that ordered from the same company after they did and they still don't have a shipping date. What happened to the silly 1/3 shipping plan I read about for months? Right out the window?
http://mineforeman.com/2013/04/23/butterfly-labs-ship-jalapenos-asic-bitcoin-miners-to-customers/
Butterfly Labs ship Jalapeños ASIC Bitcoin miners to customers
Butterfly Labs ship Jalapeños ASIC Bitcoin miners to customers
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
Not on BTC mining investments. Due to difficulty increases, if your device doesn't pay for itself in the first year it never will. Probably the first 6 months, TBH. Resale value will be next to nothing.
This. Hopefully now that BFL is shipping we will have some batch #4 Avalons with a competitive price, let's say 25BTC for 45GHs and 50BTC for 90GHs. That would ROI in 30 days at 27 million difficulty, which I think is the minimum diff. we will see when batch #4 Avalons start to arrive to customers hands.
We can start talking about batch 4 after batch 2 and 3 gets delivered. And Looks like the batch3 with ROI of 30 days at diff 10.000.000 is already far away from reality.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
Not on BTC mining investments. Due to difficulty increases, if your device doesn't pay for itself in the first year it never will. Probably the first 6 months, TBH. Resale value will be next to nothing.
This. Hopefully now that BFL is shipping we will have some batch #4 Avalons with a competitive price, let's say 25BTC for 45GHs and 50BTC for 90GHs. That would ROI in 30 days at 27 million difficulty, which I think is the minimum diff. we will see when batch #4 Avalons start to arrive to customers hands.
At least I haven't got any information although I am in China.
any updates on shipping?
I am mining with house money because I cashed out my initial investment a long time ago. This is play money for me, icing on the cake. I feel anyone who is so stressed about their Avalons arriving a little late that they are demanding updates from the owner is a little too emotional about all this. You are a gambler, not an investor. Never forget that. You are 1 DDOS away from your calculated ROI being reduced to peanuts. Exchange rate is everything, and what you should really be stressing over (if you must). The level of emotion in here is mindblowing. Did any of you invest before this, or just gamble?
All investment is a gamble. When I gamble or invest, I like to plan to maximise my retunr. I am emphatically not playing with play money. I'm investing real money.
As I said before, I'm not pissed or emotional or demanding anything from Yifu. Can you point to anything where I appear emotional? The current delivery schedule is well within my planned-for possibilities.
My point is simply:
1. If the delivery is late, it will have a significant impact on my investment, and
2. Many have made an actual investment. For us this is not play money.
My point is that you cannot and should not try to plan for a certain level of return to the point that you are upset if it doesn't materialize. I am not going to sift through previous posts to see if it was you or someone else, but there are some definite feathers already ruffled over absolutely nothing. I will just leave this here. I hope it helps a few people here. Best of luck anyway.
http://zenhabits.net/unknowing/
I absolutely agree with you. If you can't reconcile yourself with the fact that your purchase may never appear, then you're approaching this the wrong way. However being (unemotionally) concerned about your investment is a different matter.
The tenor of the last few pages is that there is no point even making plans, and I think that either indicates an inability to plan, or the fact that (as in your case) your investment is not a significant business venture.
I think that for most people who are treating mining as a business, an actual business plan is important.
I believe my situation is similar to pikeadz --- I am pretty much using old BTC wins for my investing/gambling whatever.
I started mining with a couple of GPUs in early 2011 and stopped in 2012. Kind of took a year break as I didn't feel like joining a pool (all my previous mining was solo), but came back when the recent run up started. I foolishly sold half my stash at ~ $45 in march, and pretty much the little remaining I have put into an Avalon B3 order. Anyway, I am enjoying the excitement around ASICs and trying to keep some perspective about the whole thing.
The last month or so has been quite the ride.
I started mining with a couple of GPUs in early 2011 and stopped in 2012. Kind of took a year break as I didn't feel like joining a pool (all my previous mining was solo), but came back when the recent run up started. I foolishly sold half my stash at ~ $45 in march, and pretty much the little remaining I have put into an Avalon B3 order. Anyway, I am enjoying the excitement around ASICs and trying to keep some perspective about the whole thing.
The last month or so has been quite the ride.
I am mining with house money because I cashed out my initial investment a long time ago. This is play money for me, icing on the cake. I feel anyone who is so stressed about their Avalons arriving a little late that they are demanding updates from the owner is a little too emotional about all this. You are a gambler, not an investor. Never forget that. You are 1 DDOS away from your calculated ROI being reduced to peanuts. Exchange rate is everything, and what you should really be stressing over (if you must). The level of emotion in here is mindblowing. Did any of you invest before this, or just gamble?
All investment is a gamble. When I gamble or invest, I like to plan to maximise my retunr. I am emphatically not playing with play money. I'm investing real money.
As I said before, I'm not pissed or emotional or demanding anything from Yifu. Can you point to anything where I appear emotional? The current delivery schedule is well within my planned-for possibilities.
My point is simply:
1. If the delivery is late, it will have a significant impact on my investment, and
2. Many have made an actual investment. For us this is not play money.
My point is that you cannot and should not try to plan for a certain level of return to the point that you are upset if it doesn't materialize. I am not going to sift through previous posts to see if it was you or someone else, but there are some definite feathers already ruffled over absolutely nothing. I will just leave this here. I hope it helps a few people here. Best of luck anyway.
http://zenhabits.net/unknowing/
I am mining with house money because I cashed out my initial investment a long time ago. This is play money for me, icing on the cake. I feel anyone who is so stressed about their Avalons arriving a little late that they are demanding updates from the owner is a little too emotional about all this. You are a gambler, not an investor. Never forget that. You are 1 DDOS away from your calculated ROI being reduced to peanuts. Exchange rate is everything, and what you should really be stressing over (if you must). The level of emotion in here is mindblowing. Did any of you invest before this, or just gamble?
All investment is a gamble. When I gamble or invest, I like to plan to maximise my retunr. I am emphatically not playing with play money. I'm investing real money.
As I said before, I'm not pissed or emotional or demanding anything from Yifu. Can you point to anything where I appear emotional? The current delivery schedule is well within my planned-for possibilities.
My point is simply:
1. If the delivery is late, it will have a significant impact on my investment, and
2. Many have made an actual investment. For us this is not play money.
And BFL is shipping. Maybe still one month off from mass shipping, but he still is shipping.
Thank you Avalon for going on holiday instead of shipping batch 2!
We will remember it!
> why a switch AND a router?
The router doesn't have that many ethernet ports.
Thank you Avalon for going on holiday instead of shipping batch 2!
We will remember it!
> why a switch AND a router?
The router doesn't have that many ethernet ports.
You are so effing greedy that part of me wants batch 2 delayed just to spite you even though I'm part of batch 2 as well. You need to calm down, you will get your units unless you live in the middle of nowhere. It's all about protecting the network. The coins will come in as a bonus.
Greedy? I lost like 100k€ due to their delays and you call me greedy?
What is greedy exactly? Someone that doesn't like to lose a shitload of money? Well, that's me. I HATE to lose money.
We are not talking about bananas here.
You did not lose money. You never had it. You may be behind a fantasy schedule that you dreamed up that is not in sync with reality, but that is a different thing.
This. You never had the damn machines in question, nor you would have been making 100k without those machines in the first place. When you signed up for batch 2, recall that there was no guarantee. You signed up that it could be a scam, and you could lose your money. As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
Exactly. We all have dreams about what *might be*. Those dreams don't just hinge on the arrival date of our Avalons. For many of us, it also hinges on the exchange rate. It's impossible to have any sort of serious business plan for any of this because at any point, it could fall back to 60 again and possibly stay there. Also, what's the point of getting angry over a few weeks delay when everyone else is delayed? I just don't get it. We all want our Avalons too, but bitching and moaning about it in a forum isn't going to make them arrive any quicker. And judging from Yifu's post where he threatened someone might not receive their trade-in because he caught them in a lie, all this noise might end up fucking you over. Patience is quite the virtue in this game.
Wow. I don't have "dreams", I have assessments of profitability. You're saying that profitability doesn't hinge on arrival time? And you really think you should be mining?
I am mining with house money because I cashed out my initial investment a long time ago. This is play money for me, icing on the cake. I feel anyone who is so stressed about their Avalons arriving a little late that they are demanding updates from the owner is a little too emotional about all this. You are a gambler, not an investor. Never forget that. You are 1 DDOS away from your calculated ROI being reduced to peanuts. Exchange rate is everything, and what you should really be stressing over (if you must). The level of emotion in here is mindblowing. Did any of you invest before this, or just gamble?
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
Not on BTC mining investments. Due to difficulty increases, if your device doesn't pay for itself in the first year it never will. Probably the first 6 months, TBH. Resale value will be next to nothing.
I've been mining since late 2011 and, as always, in the BTC economy if I can't derive a plan for a 'most-likely' ROI of 3 months, and a worst case scenario of 4.5 months, then it is not in my interests to take the opportunity. This is also exactly why I placed a (Seemingly-low) bid of 35-37 coins for an AM device in the recent auction.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
Not on BTC mining investments. Due to difficulty increases, if your device doesn't pay for itself in the first year it never will. Probably the first 6 months, TBH. Resale value will be next to nothing.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
If you want to look at it that way; I bought 100BTC per Avalon I intended to order at 20$/BTC. The gains I have realized by holding the remaining 23BTC per unit has long paid for any (and all) fiat up-front cost(s). It doesn't change the fact that I paid 77 BTC per machine and planned for 77BTC+ back as my ROI at a reasonable ROR. I have enough fiat, I'm in Bitcoin for the BTC.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
Not on BTC mining investments. Due to difficulty increases, if your device doesn't pay for itself in the first year it never will. Probably the first 6 months, TBH. Resale value will be next to nothing.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
Define reasonable time frame.
A realistic ROI on investments IRL is 5-10% yearly, at best.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
Heh. I did the smart thing and pegged it to USD. As long as I get it back and then some, I'm golden.
As long as you make about $2000 from each machine, it's a good investment. Further, bitching to Avalon won't make them ship faster. Perhaps Yifu might delay your machines just to troll you, who knows.
No, I'd consider that a complete failure as an investment. I paid 77 coins per batch 2 machine I ordered. If I do not earn 77BTC back (per machine) in a reasonable time frame, then it was a losing investment.
I think he is saying to stress over the stuff you have control over.
When you get your Avalon, what the difficulty will be, what the exchange rate will be are not in that set.
Things like your assessment of profitability, preparation and attitude are fortunately in the set. Also, there are others who are in the same boat and have many times over what you have invested. If you are feeling concerned, think about HorseRider who has 50 batch 3 on order. I am sure his concerns must be greater, but he hasn't mentioned it. Maybe it is an eastern philosophy thing us Westerners could learn a thing or two by example.
Just my .0000833 BTC
When you get your Avalon, what the difficulty will be, what the exchange rate will be are not in that set.
Things like your assessment of profitability, preparation and attitude are fortunately in the set. Also, there are others who are in the same boat and have many times over what you have invested. If you are feeling concerned, think about HorseRider who has 50 batch 3 on order. I am sure his concerns must be greater, but he hasn't mentioned it. Maybe it is an eastern philosophy thing us Westerners could learn a thing or two by example.
Just my .0000833 BTC
Well, that's not quite what I read.
I completely agree there's no point stressing over things you can't change, but implying that the time your ASIC arrives doesn't matter is ridiculous. According to my own estimated timetable things are still going according to plan. But it is rather silly of jspielberg to imply that none of us should have a business plan just because he or she was unable to figure one out.
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