with my Avalon ASIC chip distribution for DIYers slowly ramping down, it is time to move on.
Two months ago I ordered BitFury chips for October delivery, which I am herein offering to DIY folks in lots of 300 chips (1/10 of a reel).
Pricing
The price is fixed at
Currency Denomination
Since the offered chips are build to generate BTC, this offer is denominated in BTC. Existing sources for BitFury chips sell for fiat, so depending on the BTC/fiat exchange rate you might find my offer better or worse one day or another. Clearly, this is for those of you who got used to think in BTC and do not care much about exchange rate fluctuations on a daily basis.
Shipping
I will receive chips in W40 (first October week), you should have yours in hand no later than October 15th.
Priority shipping is included. Urgent / express is available on request for an additional 1 BTC.
How to order
Since the number of potential buyers is limited, the orders will be processed manually as follows:
1) Place your buy order via email
2) If not sold out, I'll provide you with a payment address
3) You pay 20% down-payment, which is only refundable if I fail to deliver in time (see below)
4) You pay the remainder right before chips are shipped
Guaranteed Lead Time
In the event that chips are not shipped in time (deadline: October 12th), the final price will be reduced proportionally to the increase in difficulty. That is: for any difficulty increase by X% that happens between the deadline and the shipment date, the price will be reduced by X%. If the total reduction exceeds 60%, buyer is given the right to cancel order and get his down-payment refunded.
Edit: Clarification example: if your chips get delivered late, your price will be:
initial price * min(1, (difficulty@deadline / difficulty@shipping_date))
That min function ensures that you do not pay more than initial price in the event that difficulty declines - which formally has a non-zero probability (alas, we all know it practically is zero
).Availability
I have 30 lots available (3 reels). Chips are distributed in the order down-payment is paid.
Edit: Availability ends on September 19th.
Cheers,
zefir