Topic: [CLOSED] Avalon ASIC chip distribution - page 16. (Read 220127 times)

i would be for option Z!

Just my opinion about all of you guys suggesting the D option:

we have been evaluating that too with a community member that happens to be a lawyer, while an attracting option it is very, very, very, very hard that this will ever bring anything more than just further costs in lawsuits and lawyers, and it will take extremely long time. Let's be realistic: Bitsyncom's revenues are probably already somewhere else in the world (thanks to Bitcoins, obviously!) so the company is nothing more than an empty shell as of now, no assets to use to compensate the legal claims anyway   so forget about that, we can just hope that Yifu will try to recover its already destroyed reputation by options B or C, otherwise somebody may become seriously angry and go directly to option E, which I won't mention here  

Definitely B --> C and if nothing else D

even if it seems that the 3.5BTC stock of Asicminer blades have been already sold out.

i am fucked

B, C and then D, like Zefir suggested.

D sue them to the ground, hit the news and spread the word about bitcoin

Let's go!!   B & C are worthy pursuits, but no response from YiFu make them worth about as much as his chips. I say he gets one week/7days from the moment Zefir + others request B or C.

I'd say prepare for "D"-Day

(No offense to Eastern bloc bitcoiners)  

Update: Endgame

With ASICMINER today announcing blades for as low as 3.5BTC, it appeared that Avalon chips that do not mine today are not going to break even any more. While those blades went already out of stock after some hours, the new price for mining rig is officially set. Essentially this means that if Avalon does not ship the remaining chips fully within the next two weeks, they become worth less than their shipping costs.

Driven by this event, today I was flooded with refund requests that built up a queue of ~2000 chips. I do not expect any takers for this and it is realistic to assume that there will be no further refunds.


I am sad to admit that I do not believe in a fast and complete delivery of the remaining batches. This stopped to be a game the moment this group-buy alone funneled $500k to Avalon. Although we have only a small set of 'no BS rules', we still have a written commitment to deliver in time as part of the ToS. With so many community members taking a loss directly or indirectly through Avalon failing to meet their schedule, we (together with other customers) need to consider taking serious actions to end this tragedy.

At this stage our options are as follows:

• A. sit and wait
  That was my tactics so far, assuming that civilized and respectful behavior will ensure to get our chips as fast as possible. This in fact might have been the reason why so far our group-buy got more chips than others, at the same time with a delivery of one batch per month our last will arrive mid 2014 - ready for re-direction to the Bitcoin museum
• B. demand full refund
  The majority would be fine with getting their invested coins back and let this chapter pass into oblivion. According to Avolon's ToS, there will be no refunds. But if they really care about Bitcoin and its community and realize how much harm they caused to so many of us, they might consider playing fair and send us the coins back. This implies that you do not want your chips any more.
• C. negotiate for compensation
  While refunding all orders might exceed Avalon's capabilities, they might prefer offering a compensation in form of free chips or free upgrades to next-gen ones. This implies you would like continue dealing with Avalon.
• D. legal action
  Leave the polite arena and sue them into ground; make an example of them and put an end to the pre-order madness in Bitcoinland. This implies you are willing to throw more good money after the bad - for a very limited expectation. Your money would feed some poor lawyers and Avalon if needed will declare bankruptcy (they said they do not control the collected funds any more).

I personally will approach Avalon with options B and C for now and consider combining forces with other group-buy organizers for D if we do not hear back within a reasonable time-frame. If you have a different opinion you'd like to share, please do so either here or via PM.

They obviously got one digit messed up, but besides that, the report seems accurate. Even BitSynCom was cited correctly, since 2 batches, while the least possible number, can be described as 'tens of thousands' chips.

hmmm ?? where did 40k chips come from 

So what is this all about? Publishing date of the article is August 27th, so 4 batches are said to have arrived at Zefir's this last weekend?


from:
http://www.coindesk.com/bitmine-to-drop-4phs-of-asic-power-onto-bitcoin-network-before-april/

check OP, batch 2 has been delivered, no news from the other batches yet.

What's new here?  I made it into batch 6, Still hopeful...

Oh, sorry, I thought it was clear by my statement

So, to clarify: packages were sent on Saturday. Due to the smaller number of shipments within EU and the not-really-much-better delivery times with DHL Germany, this time I sent them over Swiss Post as registered airmail. I am preparing the lists for manufacturers to be sent out today or tomorrow (including tracking numbers).

Hi Zefir, any news on shipping out batch 2?

Let us all hope that is so - I am not holding my breath but will give it some more time.
Nevertheless, regardless of the outcome, Avalon is finished for me - not only completely inept,
but also blatantly abusing customers' equipment for their personal gain.  Total fraud.

If u chk the file someone made with the combined Avalon orders there were many orders btwn Zefir's batch one and two. Assuming that file is correct of course we should see a lot faster delivery of the following batches as fewer other orders were placed between. So far the other group buys support the files accuracy.

If you want to sell your chips from the 4/20 or 4/24 batch please PM me with quantity and price you are asking

With this shipping schedule (looks like once a month a single batch - even though the batches were all paid and ordered within
2 weeks) batch 7 should then ship in February 2014?  This  is  totally unacceptable. 

Meaning they have had all these chips produced for a long time and are staggering shipments in some sort of manner..