Topic: [Closed]Avalon Chips - 0.081 BTC (Global+Escrow)-BATCH2 SECURED - page 65. (Read 100135 times)

ill be in too for 32 once escrow is available

ok, im in

We have 3 guys already building their prototypes. Plus we will have the full schematic of the Avalon device early in May. Even i want to take a shot at it So the answer to your thoughts is YES, we will have boards/devices.

if we find someone that can make boards with the chips , im in, if not, i have no use for chips ...

PS: I can issue an escrow address when there's more than 5+ buying interest in this. Thanks and good luck. 

Older news from the 1st post:

2013-06-11:
 - Hah!! Wow, i've received some great news! I can't wait to share this but need to keep it a secret for a few days. We will have a few magic "boosters" for this batch. So hold on to your hats and hang in there, we Will FINISH THIS BATCH!
2013-06-09:
 - Today i have ordered 100 pcs of Klondike16 PCBs. Tuesday i'll be driving to the factory and pay the order. More info about the lead time in a few days.
[Edit]: Drove to the factory on Wednesday, ordered and paid for components for 100 pcs of Klondike16 boards. PCB orders still pending.

2013-06-07:
 - Website working www.AlphaHPC.com - Orders for Avalon Chips and Klondike Boards Officially Open!
 - Payment gateway working
 - Ordering / notifications / customer communication working
 - Automatic status change based on payment (after n confirmations)
 - Newsletter for major updates
 - Blog for minor updates
 - Hope you like the visuals

2013-06-04:
I'm still working on the web site, but i'm also very anxious to share this with you all: The site will be ready in a few moments and i would like anyone who wants to participate in testing this to visit it at www.AlphaHPC.com.

More changes upcoming:
- FAQ page
- Hosting solutions
- Many - many changes i feel i have to to before this site will be good-looking (including changing that Aquafresh logo of mine, it looks terrible)

2013-05-23:
- Batch number one Ordered:
https://docs.google.com/file/d/0B4EbABa_SLVRekVtU3k1d2NPazg/edit?usp=sharing
- Batch number two Open. If we move well, we will have the chips in hand by the end of August. I will try to aquire as much funding as i can, to finish the order quick!
- I have a final price of 85 Eur for the Klondike16, 16 chip miner. I still have to get quotation for the heatsinks and fans, but the final price covers all.
- The chips cost 0.083: Why? a:) There is a lot of work managing the order. Also there is responsibility. You can't joke with people's money. I'm putting my unslept hours during the night into all this and i want to make sure you get the device you have paid for. I'm here for the long-run. Also, my identity has been confirmed by John. No funny business, no inexistent addresses.
- I'm opening up the idea of "Hosting". No need to send several kilograms across the globe. You will have the opportunity to leave the miner here in Romania, using cheap electricity, being up 99% and being able to control the miner remotely. I will have a chilled environment, secure location, with two internet providers (one for backup) and dedicated support person in case of any emergency. I'll also post some pictures of the place soon.

2013-05-19:
- A fatal math error was discovered at the chip's cost. This was my mistake and take full responsability for it. John's escrow fee wasn't covered by the final chips price. This is fixed now and if there are missing funds regarding John's escrow fee, i will be providing this out of my pocket. Lesson learned.
- I'm considering the aspects of building smaller, 1 chip USB miners also, based on the K1 project from Bkkcoins. I'll provide updates regarding thsi too.
- I have to create the text content of our website. After this, we can go live, probably during next week.

2013-05-15:
- Quotation received! The Klondike design will cost approximately 85 Eur / board. I will have a non-functioning prototype next week just to be able to touch it and see the cost of all the parts when populating the empty PCB. Will make a video too! After that, we can offer bulk orders or discounts for larger quantities. It it also possible to include everything in a nice (or not, we'll see) box! That will definitely help with the airflow through the heatsinks, but that is a bit far away for now.
- Our website is under development. A beta will be done by the end of this week. One major problem with it is: i have NO IDEA how to name it suggestions?

2013-05-11:
- All the Avalon documentation was sent to the manufacurer to get quotes on each component. We will have production prises and conditions shortly!!!

2013-05-09:
- No "possibility" or "probability"!!!! This is it! I just had a discussion with a friend representing a local company. We will have ready PCBs to drop the chips in. We can make 20 / 40 / 80 chip devices (let's decide later exactly which ones) and We can make 16 / 32 chip devices based on the Klondike project. Also the prices would be extremely competitive, i'll give you that! The chips cost only 0.083 BTC which is one advantage. Second, you won't have to send the chips back and forth. We will have the PCBs ready to be assembled.
-I'm thinking on making a website for all this (Chips / PCBs / fully functioning devices). What do you think? Do we need it or not?

2013-05-03:
- A friend of mine is also discussing the possibilities to have devices created for the chips. This raises the probability of having our own devices made in Romania. Of course, i will personally focus on the quality and pricing of these devices. I want them worldwide competitive.

2013-04-30:
- A small discussion with a company about the devices that will house the Avalon chips. I may have some great news in a few days about this.

2013-04-29:
- I see a lot of people already building designs to house the Avalon chips into them. Very good, people. I can't wait to see the final outcome.
- As this thread is not creating much hype, i've decided to focus more on the final outcome of these chips: the ready product that can mine you the coins. Therefore, i'll be focusing much more towards the DIY threads and post updates here.
- Also i've edited the thread to simpflify things a bit more: Clear info at the top, terms and conditions at the bottom.

Update on 29.Apr.2013:
- The forum member "burnin" has an interesting design already, for a 20 chips Avalon miner. The cost is estimated at around 100 Eur / PCB excluding the chip cost. Check out the thread:
[Work in progess] Burnins Avalon Chip to mining board service

- The forum member "allten" is gathering ideas and resources to create a PCB out of the Avalon open source schematic that will be released in (hopefully the fist half of) May. Check out the thread:
DIY PCB with AVALON - [OP Makeover - Forming List of Developers]

- The forum member "BkkCoins" is creating a 16 chip miner. Check out the thread:
[Klondike - 16 chip ASIC OS Board - Preliminary]

Great initiative. Also, I agree, John K is a great choice for the escrow.

Great choice in Escrow... Go Eastern Europe secure the network!

Order status: Closed

---

Status updates:
2013-09-05: Poll added, introducing the hosting option for the entire group
2013-06-20: Chips for batch 2 are secured! Order window closing in 10 days! (30.06.2013 23:59:59)
2013-05-23: Order completed and paid for Batch 1. Batch 2 open for orders.
2013-04-28: Creation of Group Buy with Batch 1

---

News:


2013-09-05 - Hosting:
- Waiting for chips, assembling miners straight away after arrival and starting a mining farm for GB members to recover the expected ROI while investing in the Group-Buy.
- Dividends will be paid weekly based on the number of chips owned in this GB
- Costs will only be for electricity in the first 3 months, the rest of the mined funds will be divided among the GB members. After the first 3 months, there will be the option to receive the miner or continue with the hosting for a fee of 10% out of the total BTC mined
- The hosting will evolve to a shares/contracts organization that will eventually (in the very near future) start investing in other miners as well as other technologies. The mining farm will grow and also share prices will grow.
- Members who want the bare chips can ask for them and receive them right away
- Hosting made possible at several locations here in my town. Cooling made possible with the help and equipment of several of my friends. Net redundancy made possible via two internet providers.
- The miners will be assembled and started asap. The gathered BTC will be divided to the members of the GB, exactly between the members who has explicitly voted for this option. The BTC will be proportionally divided based on chip count owned. Electricity costs will be deducted and exchanged into fiat. The costs will have proof (paper bills) and proof of payment (receipts).



2013-06-20: Good news! I've had a discussion with some people and we've finally managed to secure enough chips for everybody. I will deliver the miners in September, regardless of the batch status.[/b]

2013-06-18: (We) Need to focus a bit on the chips of this batch. We need to finish this. So if you're ever thinking on ordering chips, order now! I cannot guarantee ordering will be possible next week.

2013-06-17:
Sample chips arrived! Check out the video here

Note: I've moved the rest of the older news a bit lower, in my second post

---

Batch No. 2 orders:

---

Batch No. 1 orders:

---

Terms and conditions:

1. Why a Group-Buy?
This Group-buy is giving You the opportunity to order chips in small quantities. The chips will be sent to developers, who will create a fully functional miner for you.

2. Whats new?
- Shipping will be fast and cheap. And shipping to burnin will cost less because the fee can be split among all users that send their chips to burnin. I'm also tackling with the idea of delivering the chips myself to burnin, thus, eliminating one of the first shipping costs.

3. Reminder
Only send payments from an address you control (i.e. you can sign with it). If you send from MtGox or other exchanges, you risk loosing your funds in case of a dispute, since you can't prove you sent them. If you bought chips pay attention that your address is in the list that shows the payments with the correct amount of chips. If something looks wrong you need to prove that you're the owner of that address. You have to be able to sign a message with your sending address to prove that you're the owner of that address.

4. Refunds: [Edited: 13.Jun.2013]
Due to security reasons of the funds and the whole group-buy, there will be no refunds until the batch cannot be filled in any way and i decide to refund everybody. The maximum time a batch can be open is 6 weeks. In case avalon stops selling chips, all collected bitcoins will be transferred back to the senders.

5. Where are you from?
I'm located in romania, Cluj Napoca.

6. Who are you?
Im a romanian member of this community. I live in Cluj, have a wife and a (5 6 months old) son. If you want proof of my identity i can provide my id, but John has already verified my identity: https://bitcointalksearch.org/topic/m.2209284

7. What to do with the chips?
My intentions are to send the chips to the best developer possible, build a miner for you to have a ready, fully functional device that can mine you bitcoins.
Optionally, you can receive the chips yourself or send them to your favorite developer, I don't mind at all. The idea is to be able to order the 10000 chips.
If you wish to build your own miner, check out the relevant threads of the forum for this.

8. The chip details from Avalon homepage:
The relevant information about the chips is available from Avalon here.

9. Pricing
A: I am asking for a 6% surplus for my efforts. The 10k chips totaled to 782.1BTC, which results to a resale price of 0.083BTC / chip.

B: A small fee for shipping chips to the developers will be charged (specially if there are more chosen) + there is the shipping cost needed to ship your miner device to the location you want it at. You can chose the type of shipment when there is a choice to choose between security and higher price. This fee is not per order but per shipment. I think thats fair enough. It will be around 30 - 40 Eur / total chips shipped to a certain location, which is not much.

C: In the case that the shipment from avalon is stopped by customs and a fee has to be paid to get the chips back, all buyers of the batch pay the needed fee to free the batches according to the amount of chips a buyer owns in the batches. No additional fee is taken for this. Proof of customs paperwork will be provided, if it is the case.

D: The fiat fee will be paid once the chips arrive and i got your target address. It doesnt have to be paid in fiat, Bitcoin is fine too. Its only calculated in fiat to be independent from bitcoin exchange price.

10. Reservation
No reservations. If you pay and give me the details you're in. Reservations wouldnt be fair against the others. And as long as its possible to order chips there will be a new batch created everytime. The blockchain is the indisputable proof of your payment.

11. Ordering
Only send from an address you can sign a message with. Otherwise a dispute cant be won. How to sign messages. Make sure you copied the correct address before clicking on send. Compare first, last and some middle digits of the copied address to prevent errors.

12. How to buy
A: The buying window opens now and ends whenever the batch is full or latest the middle of June. It would be great to order as soon as possible, so the chips will arrive sooner. Please consider this too and order as soon as possible if you choose to have chips.

B: If there is enough demand to order an additional 10k chip batch, I'll do so (given they are in stock). If the last batch is not filled up, we can discuss what do with the funds. Eigther we make an effort to fill it, or I refund all the payments from that batch. We can discuss that later on.

13. Escrow
I have contacted John K. to escrow the payment

14. Shipment
The chips will be forwarded to your desired address as soon as I receive them and you paid the fiat component mentioned above. I will collect the target adresses after you've made the order for the chips. Delivery within Europe will usually take less than a week; overseas will take what it takes. You will be given the option to select shipment method on time and resolve custom specific issues. Because the shipment price has to be paid you can chose the kind of shipment. I guess insured shipment would be the best choice for your investment. Please note that although the thread's name suggests "Eastern Europe", i can send the chips wherever on the globe you might be. It doesn't cost much from Romania to send a few packages less than 5 kg, for example.

15. Communication
I live in Romania (GMT + 2). Ill try to communicate as fast as possible. I have a daytime job, but i will be online to collect order data and answer all questions / requests as fast as possible. Please be patient when im not around for some time.

Thank you!
Steve