Topic: [Closed] Black Arrow's Avalon - page 2. (Read 6348 times)

That sounds very socialist. I don't see anything wrong in selling products at prices customers are willing to pay... Perfectly good business. Nobody is putting a gun to anyones head and forcing them to buy at ridiculous prices.

Whats really wrong is lying about shipping dates(BFL style) or product specifications.

Whats borderline wrong is lying about ROI. Anyone with half a brain can do their own calculations and decide if they want it or not.

Well said Puerto.

Too many custom hardware manufacturers are squeezing all the profit out of mining. They need to leave some meat on the bone for customers, otherwise they won't be in business much longer. Only idiots are overpaying for hardware right now, the idiots will run out sooner or later.

But then again, you are preaching to Blackarrow whom has been selling FPGAs for months now that will most likely never break even as well, so I suppose he really just doesn't care that he is screwing his customers. As long as he makes money, then all is good I suppose... too many people thinking like that nowadays... share the wealth IMO. These manufacturers can still sell at attractive prices and still make a boatload of money, the problem is they want a boatload and a half.

Pissed? Is that it?

It wouldn't be because you are trying to make a fortune by selling avalon clones which may not even cost you 1,300USD to produce as a clone manufacturer?

42 clones right? @ 7600 USD = 319,200 dollars...for 42 clones.

At todays rate it would be about 3192 BTC.

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All this sold to your potential "customers" as a profitable upgrades....except it isn't.

Do I have a reason to be as upset as you who...rather than lower your prices...end up apparently throwing your toys out of the pram and shut down your venture? Did you even try to negotiate?

Reading the OP, it looks like you weren't satisfied with 7600 as it was your absolute baseline price. Instead, you were fishing for an even higher price...what the market will bear (in apparent ignorance).

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What I would love to hear from you is a straightforward statement that you were absolutely shocked...even surprised...to learn that the unit you were selling @ the price point above were going to be absolutely unprofitable. Surely you didn't know this...until just now....

So far one clone manufacturer (HashTech) has (extremely recently) changed their pre-order policy for their clones. 1 BTC as a down payment and lowered their 12.99 BTC price per module to 8.99 BTC. Just a little over a 30% reduction. That includes the PDU and a control unit.

That means HashTech (as one example) will (if the community likes it) receive customers if the price is viable to miners. While you (Black Arrow) apparently won't be offering clones to the community at a "useful price point".

https://bitcointalksearch.org/topic/m.2483687

Ka-CHING! We have a winner!

Quoting for posterity too. See, blackarrow, you just outed yourself there

Did you just post the primary reason why people should not shell out over BTC 100 for a 70 GHs ASIC to be delivered in September?

Great advice!

His Avalon is still cranking out $5K a month.  That is not too shabby.
It just won't do that for very long. Certainly not long enough to spend $25,000 on buying another one.

Many will feel this way in the near future. That much is certain

He's pissed because he's not making a fortune anymore.

I don't. He made a fortune with his Avalon already.

I understand why you are complaining.

71GH/s Avalon v1.3
Batch #1

May I ask what is your current hash power?

Well, not at that price point....

I am going to go create a thread where folks can explore the profitability of an ASIC in a more realistic way.

If Clone Manufacturers and original manufacturers won't change their prices then no one will likely buy. (unless they are supremely retarded)

It's up to the sellers to be reasonable. (or go out of business)

No, we don't take any preorders on avalon as we're not selling them anymore.

If thats the case, you don't need a pre-order system....

Facts, killed the opportunity...?

Thanks to everybody for the feedback on the price. We will build them and mine for ourselves.
2.6Thash should be enough for the moment.

The price is too high for a late July ETA.

These guys are legit. I don't know about the price though.

A Batch #1 Avalon, delivered 2nd week of March has generate up to today BTC 390. That is less than the BTC 400 in your list, even with the extra week of mining (with a high profit during those early weeks).

Mainly pool downtime, network issues and variance will make your estimates be the maximum to be expected, and in many cases it will not be reached.




Let's not complain too much about inflated prices, at least it makes a great barrier to keep out new players of entering the market.

If the market would be flooded with cheap ASICs, difficulty would skyrocket even more ;-)

Sorry to say, your selling lemons. Exceedingly over priced lemons. Everything I have posted has been in line with your thread.

And be assured it will be made available to anyone looking to understand the risks and rewards of their purchase. Obviously, the numbers tell me that your clone is over priced.

If I tap into the spreadsheet tomorrows difficulty level....(as I should)....people will never make 99 BTC back in one entire year from a 65Gh/s Avalon clone.

There is only two options. Lower your profits and raise ours, or offer a device with alot more Gh/s capacity. (4 or 6 modules for example) at the same exact price point. Otherwise each of your customers will be regretting it by years end. (If not much sooner than that.)