Topic: [Closed] AVALON CHIPs @0.082BTC + K16 Miner Assembly 60EUR - page 9. (Read 75963 times)

@Bizwoo, @John (John K.) - "for those who've voted to do so". So, the rest of us actually will get chips?

Isn't it better to place whole GB1 refund request as majority voted (or it's not a majority at all?) Is there any graph of "voting"?

Now I'm really starting to worry. Part of buyers will be refunded (hopefully - as they want), and then what? I though there is no posibility of partial refund. such a scenario could place non-refund-requesters in a bad situation (no refund and no chips at all, because of partial refund)

cheers

If anyone in batch 1 gets refunders remorse and fancies getting chips, I was in batch 2 so was unable to have mine refunded.. Let me know and I will hook you up with the ones i've ordered for cheap.

Good. Step 2 done.

@bizwoo.. My Wallet address is correct.

Cheers.

OK, So as we the batch#1 group buyers are paying you for services rendered, could you please specify the exact amount?

But anyway... what's very important now is to contact JohnK to find out IF he requested and confirmed the refund payment address.

Thank You.

Best Regards.

I would advise bizwoo and nekonos to publish a donation address and to sum up an estimation of the time and money they invested for batch 1 so that people might have a better idea of what was involved. How much margin did bizwoo get if any (was the margin only in personal chips or partially ?), how time-consuming was the GP setup? how much did nekonos spend on prototypes/components and how much time did he spend working on them?

I know I would tip if I knew more about that and considered they lost more than myself (from memory I have already tipped at least 4 developers, some of them multiple times just for having developed mining related software).

Hi all

Just a few things:
1. I have not heard back from John K today about the refund request. Yesterday, after I contacted him, he replied saying he was going to put the refund request for our batch 1 asap. So I would guess he already did and we have now just to wait for AVALON to come back to us.
2. As far as I know, the escrow fee is not refundable. John K did his job and due to the AVALON mess he will have to keep still working by processing the refund to more than 120 different buyers.
3. Contrary to what a few are suggesting, I did not keep a 3% fee from batch 1. If you do the math, considering the chips price structure we used e.g. 0.08, 0.081 and 0.082 btc per chip I ended up which just about  2% too. However, due to trying to speed up the placing of the order I asked John K to buy the chips when we met the exact cost of chips + delivery + escrow fee. Therefore, I just ended up with a few chips as commission.
4. Expecting that nekonos and/or me receive some sort of compensation thanks to the second batch is not very optimistic. After all this fiasco I first need to see the chips in my doorstep to believe. Other assemblers are not even refunding full price for the assembly service customers paid for in advance. And this for me makes fully sense as all the time spent and money invested have to somehow be compensated.
5. After I receive news from John K that the refund has been received I will give 48 hours to everyone to ensure that the BTC addreess you used to make the payment and which you can see in the Bizwoo GB website is still valid for you to receive the refund.

Cheers.

any news from john k.?
We have to be fast and ask for a refund before this wednesday, or we could not receive it anymore


update:
zefir just received 3 of his batches refunded:

I take the miner, hoping that there are no further delays

If anyone wants my 20 chips from batch 2, please let me know.

I have them set to be assembled with Burnin which can be kept if you wish.

I agree not leaving bizwoo out of pocket, BUT ... may I remind everyone that:

1. Batch#2 is still on schedule so the group buy fees will be released for that batch.
2. Nikonos' assembly service will still be assembling batch#2 boards.
3. 60 sample chips have been received which, as it seems, will be kept free of charge for batch#1 at least.

All in all, nothing is lost for the group buy organizer.

BTW: There were escrow fees of 2% and group buy fees of 3%. What's happening with escrow fees?
Have you heard back from JohnK?

Assuming that escrow fees aren't refunded to Bizwoo then I'm happy for them not to come to us.  Bizwoo has also spent a huge amount of personal time organising all this and personally I don't mind losing a small percentage of my BTC to help cover all this time used.  At the very least, Bizwoo should not be out of pocket.  Perhaps there is some argument for the fee to be partially refunded though (assuming it doesn't leave Bizwoo out of pocket, as above).

+1 - true, true.

People paying 0.08 were the first ones on board and were taking the highest risks (if a whole batch isn't completed, it's canceled and you only get back what you put minus fees), this is why they had a discount which still applies.

Percentage-wise those who paid less will receive more back - I think it is fair.

I think there is no doubt you and John K. should be paid for your services, even if this story did not go as we would have liked... But the refunds should not differ by the amount paid? I mean someone bought chip for 0.08, someone else for 0.082, why everyone is getting the same amount?

I have no issues at all with you and john k keeping your fees for all the work you've put in. Nekonos should get a bit too for his work on the boards.

Hi all

At the moment of writing group buyers owning 5778 chips have asked for a refund using the form provided. Initially I set September the 2nd as the deadline for communicating the desire to get a refund form AVALON; however, with owners of over 57% of the chips in our batch 1 asking for a refund I will immediately instruct John K to action the refund request from AVALON.

I will ask John K to keep us also updated on the process.

I would expect AVALON refund to be for the full amount paid to them, therefore 782.10BTC. I hope you would understand that the escrow fees and also the small amount I was charging for organizing this group buy are not expected to be refunded. Therefore, the refund will be for 0.07821BTC/chip. If you are not happy with this please let me know but I do not believe I would be able to do anything. Nevertheless, I hope you really understand the amount of work organizing these groups buys has represented to me in addition to the big stress which all the issues faced has represented.

Please note, that the refunds will be done to the verified BTC address you used to make the payment when buying the chips.

Let's hope we will have news from John K latest tomorrow.

Cheers.

Second that.

As above please Bizwoo 

Please send in a refund request .... asap ...