Avalon turns One years old 28/09/2013

Threader

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Quote from: pikeadz on September 30, 2013, 07:03:39 PM

Aww how cute. 1 year old. How fitting that the PR guy behaves like an infant too.

Zerlan and Yifu and both companies need to completely disappear from the BTC landscape. It will be very painful for investors and innocent workers yet necessary to cut out the cancerous tumors that they are.

pikeadz

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Aww how cute. 1 year old. How fitting that the PR guy behaves like an infant too.

SolarSilver

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Quote from: greaterninja on September 30, 2013, 09:42:09 AM

Its confirmed Avalon has mined at the very least 1000+ btc off customer machines. This is one of many addresses they have stored btc at.

Summary
Address 1AYdAw8CcrQ2wx55LTbFHRn5bxgNZhaRLW

You mean this one?

http://eligius.st/~wizkid057/newstats/userstats.php/1AYdAw8CcrQ2wx55LTbFHRn5bxgNZhaRLW

default setting as the third failover in the avalon software setup?

yxt

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Quote from: dogie on September 30, 2013, 10:21:16 AM

Lol. If you send 1 btc 1000x to and from address you get the same stats.

fail

dogie

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Lol. If you send 1 btc 1000x to and from address you get the same stats.

Dabs

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The Concierge of Crypto

Proof?

greaterninja

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Its confirmed Avalon has mined at the very least 1000+ btc off customer machines. This is one of many addresses they have stored btc at.

Summary
Address   1AYdAw8CcrQ2wx55LTbFHRn5bxgNZhaRLW
Hash 160   68b4389b324208c18c562703166a20abcde55a27
Short Link   http://blockchain.info/fb/1aydaw8
Tools   Taint Analysis - Related Tags - Unspent Outputs
Transactions
No. Transactions   196

Total Received   1,009.87769749 BTC

Final Balance   1,009.87769749 BTC

Request Payment Donation Button

Dabs

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But they will mine... I just need to look for a location that offers free electricity or something and plug there. Guerilla mining all over the city.... Someone is going to be selling boards for either very cheap, or give them away too.

shep80

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Quote from: Dabs on September 29, 2013, 08:43:40 AM

I'll take free chips. Whos giving them away?

Nobody quite yet. But understand the cost to assemble any "free" chips into working miners will be more than they will ever mine in BTC.

It's the gift that keeps on giving.

Dabs

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The Concierge of Crypto

I'll take free chips. Whos giving them away?

af_newbie

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Quote from: shep80 on September 29, 2013, 07:31:44 AM

Quote from: Dabs on September 29, 2013, 07:21:13 AM

What if their gen1 chips are really cheap? Could still be good for the hobbyists and DIY peeps. They better be like 80% off, or priced according to their formula for ROI based on predicted future difficulty.

At this point they would need to pay you to take them -- as in subsidize the assembly cost for the board. Based on my math the board cost alone will break ROI now, and is further in the red 1 month from now when an assembled miner could/would be delivered.

Not worth an effort even if the chips are free.

shep80

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Quote from: Dabs on September 29, 2013, 07:21:13 AM

What if their gen1 chips are really cheap? Could still be good for the hobbyists and DIY peeps. They better be like 80% off, or priced according to their formula for ROI based on predicted future difficulty.

At this point they would need to pay you to take them -- as in subsidize the assembly cost for the board. Based on my math the board cost alone will break ROI now, and is further in the red 1 month from now when an assembled miner could/would be delivered.

Dabs

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What if their gen1 chips are really cheap? Could still be good for the hobbyists and DIY peeps. They better be like 80% off, or priced according to their formula for ROI based on predicted future difficulty.

zuerdemon

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Pitty they didnt celebrated first anniversary together with opening shop with gen 2 units ready to send right away (but not from china please or these will be held by customs 3++months Cheesy

)

shapemaker

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I run Linux on my abacus.

Quote from: bystander on September 28, 2013, 02:35:24 PM

From what some folks have been saying (esp from the group buys), the guy goes from a hero to a goat in just a span of year.

It probably would be safe to say he's been the goat all along. Pulling such a long con takes a very conniving mind, though. Just watch his arrogance show every now and then, and you get a good look at the mind behind that goatee Wink

tl;dr only suckers buy avalon anymore

bystander

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From what some folks have been saying (esp from the group buys), the guy goes from a hero to a goat in just a span of year.

dogie

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Quote from: af_newbie on September 28, 2013, 12:13:42 PM

Quote from: klondike_bar on September 28, 2013, 10:23:38 AM

personally, im a little excited to see how they proceed. at this point, they are surely looking at how they can fire-sale all thier chips to get the liquidity and space to move forwards on gen2

based on the redhash avalon copy, we should see avalon systems in the 10-20BTC range very soon. I'd even be okay with converting my electric bill payments to BTC as long as i can get back some solid resemblence of my investment in a 3-5month timeframe using conservative calculations - course avalon systems will be the first asic to go offline when the power costs exceed profit (the gen2 competitions are about 700% more efficient)

Their gen2 will be DOA.

RIP

Then they'll just mine the shit out of it.

af_newbie

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Quote from: klondike_bar on September 28, 2013, 10:23:38 AM

personally, im a little excited to see how they proceed. at this point, they are surely looking at how they can fire-sale all thier chips to get the liquidity and space to move forwards on gen2

based on the redhash avalon copy, we should see avalon systems in the 10-20BTC range very soon. I'd even be okay with converting my electric bill payments to BTC as long as i can get back some solid resemblence of my investment in a 3-5month timeframe using conservative calculations - course avalon systems will be the first asic to go offline when the power costs exceed profit (the gen2 competitions are about 700% more efficient)

Their gen2 will be DOA.

RIP

klondike_bar

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ASIC Wannabe

personally, im a little excited to see how they proceed. at this point, they are surely looking at how they can fire-sale all thier chips to get the liquidity and space to move forwards on gen2

based on the redhash avalon copy, we should see avalon systems in the 10-20BTC range very soon. I'd even be okay with converting my electric bill payments to BTC as long as i can get back some solid resemblence of my investment in a 3-5month timeframe using conservative calculations - course avalon systems will be the first asic to go offline when the power costs exceed profit (the gen2 competitions are about 700% more efficient)

badalien

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BestRate.org

AVALON go to the Hell

Fullsurface

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Quote from: greaterninja on September 28, 2013, 04:18:24 AM

Quote from: rammy2k2 on September 28, 2013, 03:21:21 AM

too bad to see that these guys went BFL ... still ... i'm pretty sure there are tons of retards who will send them BTC upfront.

Because of Avalon's incompetence and intentional neglect, people will go to Bitfury for business. Avalon will lose a huge market share now that they have not honored chips deals, shipments on time, etc. I would not be surprised if they get a few law suits too. I am out $2000 in lost product with Avalon. They have still not honored it 6 months later.

From hero's to zero sad to see but its there own fault

greaterninja

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Quote from: rammy2k2 on September 28, 2013, 03:21:21 AM

too bad to see that these guys went BFL ... still ... i'm pretty sure there are tons of retards who will send them BTC upfront.

Because of Avalon's incompetence and intentional neglect, people will go to Bitfury for business. Avalon will lose a huge market share now that they have not honored chips deals, shipments on time, etc. I would not be surprised if they get a few law suits too. I am out $2000 in lost product with Avalon. They have still not honored it 6 months later.

rammy2k2

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too bad to see that these guys went BFL ... still ... i'm pretty sure there are tons of retards who will send them BTC upfront.

Unacceptable

legendary

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FUCK Y I FU!!!!!!!!!!![
You will NEVER see any money/BTC from me or anyone I know........EVER!!!!!!!!!!!!!! Same goes for BFL Angry

regular

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Still pretty sure they'll get lots of presales since they are one of the few ASIC manufacturers here that have delivered.

Satobit

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Avalon, the shame of China.

dogie

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Quote from: ScaryHash on September 27, 2013, 11:08:37 PM

Quote from: dogie on September 27, 2013, 08:50:27 PM

Quote from: ScaryHash on September 27, 2013, 08:32:32 PM

Third, Avalon announces a "clearance sale" on refunded chips, that probably will never make ROI unless BTC goes astronomical.

You have to admit, that is absolute conjecture.

Depends on what the price for the "clearance sale" chips, I admit. But, Redhash is quoting about 900 W per 105 Gh/s of old Avalon chips.

The power costs will be the deciding factor.

Agreed its outdated tech (albeit in hand and readily available), but for some with free/ish power, do they really care? I'm sure the penguins do, but fuck the penguins.

*I am aware this is not a penguin.

ScaryHash

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Quote from: dogie on September 27, 2013, 08:50:27 PM

Quote from: ScaryHash on September 27, 2013, 08:32:32 PM

Third, Avalon announces a "clearance sale" on refunded chips, that probably will never make ROI unless BTC goes astronomical.

You have to admit, that is absolute conjecture.

Depends on what the price for the "clearance sale" chips, I admit. But, Redhash is quoting about 900 W per 105 Gh/s of old Avalon chips.

The power costs will be the deciding factor.

kmtan

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I love Bitcoin

did their official website annouce?

dogie

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Quote from: ScaryHash on September 27, 2013, 08:32:32 PM

Third, Avalon announces a "clearance sale" on refunded chips, that probably will never make ROI unless BTC goes astronomical.

You have to admit, that is absolute conjecture.

plasmoske

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The realist

Quote from: ScaryHash on September 27, 2013, 08:32:32 PM

Why exactly would anybody deal with this company again?

Watch them price their sale/gen2 chips very competitively. People will fall for it again. Greed never fails to appear.

People with any idea of the history of Avalon wouldn't touch it with a 10 foot pole.

Funny how they don't even mention anything about the FPGA trade-ins. I wonder what happened to that.

ScaryHash

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What a complete crock of shit.

First, avalon screws their customers over by not shipping promised "no bullshit" chips on time.

Second, customers that paid full price either get chips, or a refund.

Third, Avalon announces a "clearance sale" on refunded chips, that probably will never make ROI unless BTC goes astronomical.

Fourth, Avalon screws over existing, late chip customers AGAIN, by cutting the price on late chips that they paid full price on.

Why exactly would anybody deal with this company again?

dogie

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I'm more interested to see how long I can not go deaf in a room with the above pictured single fan 2 module unit.

plasmoske

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The realist

Just got a new newsletter from BitSyncom

Quote

Avalon turns One years old
What a roller coaster ride it has been

We went from the last to enter the ASIC mining market crowd-funded by the community to the first to shipping a consumer product in little over 4 month. On this journey, many mistakes were made, tons of things were learned and we will continue to grow as one of the groups to keep mining decentralized and support the DIY community. Those are our goals.

In the up coming week we will doing a clearance sale on the refunded chips as well as some mining units and modules to close generation one and move on to a pre-sale-less generation two of the Avalon Project.

Stay tuned as many more exciting news will be announced in the coming week.

Copyright © 2013 BitSyncom LLC, All rights reserved.

TL;DR Even though we haven't replied to any emails/phone calls/tickets or anything at all, we're about to launch our sale and also gen 2 chips (stock in hand). Please send us more money soon and pray that we don't do a runner/hide again. We still don't have a dedicated customer support team but please, don't take notice of that.

Oh and about your FPGAs... ha ha he he!

Quote

Fool me once, shame on you; fool me twice, shame on me

Topic: Avalon turns One years old 28/09/2013 (Read 2203 times)