[Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) - page 22.

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legendary

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Quote from: SebastianJu on August 20, 2013, 10:54:53 AM

Quote from: BitCsByBit on August 19, 2013, 10:51:12 PM

I think a partial refund while shipping the ordered chips would be the best outcome for everyone.
What do you think how much their mark up is on the chips?
They charged us ~ $10 a chip, while cost to manufacture them is probably around $1 per chip.
They could cover the costs for manufacturing and handling, and even keep some profit (lets say 10%), and refunds the rest. They would not be in minus and group buys would have more than inadequate chips for the upcoming difficulty raises.,

I doubt that he pays too. I mean all the screaming and hate against avalon, threats of sueing and so on... Yifu most probably will think its lost anyway. He wont get back his reputation. While he still will find customers when he have chips in stock.
So he wont have much reason to refund partly. But maybe he surprises us?

I think you guys saw this? At least there is some hope from the criminals.

http://www.avalon-asics.com

Quote

story so far - 8/19

chips have arrived via other routes as previously announced, we are shipping them out at the rate of 40-50k on a daily basis at the moment, in addition to the ~150k or so that went out, another 40k was shipped today. There is multiple channel which the chips are arriving from various packaging facility to minimize downtime. Please bare this in mind: while we had backup/multiple packaging companies and various delivery routes, things still will go wrong. There is also testing that must be done, then they can split, packed and sent to the EZP coupled with their CN-22 and be on their way. We will provide more update as they come. In addition, the trade-in and refunds are being processed.

If this is true, many folks on this forum should start receiving chips in the next week or two.

SebastianJu

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Quote from: BitCsByBit on August 19, 2013, 10:51:12 PM

I think a partial refund while shipping the ordered chips would be the best outcome for everyone.
What do you think how much their mark up is on the chips?
They charged us ~ $10 a chip, while cost to manufacture them is probably around $1 per chip.
They could cover the costs for manufacturing and handling, and even keep some profit (lets say 10%), and refunds the rest. They would not be in minus and group buys would have more than inadequate chips for the upcoming difficulty raises.,

I doubt that he pays too. I mean all the screaming and hate against avalon, threats of sueing and so on... Yifu most probably will think its lost anyway. He wont get back his reputation. While he still will find customers when he have chips in stock.
So he wont have much reason to refund partly. But maybe he surprises us?

j0ey2069

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Quote from: g83 on August 20, 2013, 01:08:34 AM

Quote from: BitCsByBit on August 19, 2013, 10:51:12 PM

I think a partial refund while shipping the ordered chips would be the best outcome for everyone.
What do you think how much their mark up is on the chips?
They charged us ~ $10 a chip, while cost to manufacture them is probably around $1 per chip.
They could cover the costs for manufacturing and handling, and even keep some profit (lets say 10%), and refunds the rest. They would not be in minus and group buys would have more than inadequate chips for the upcoming difficulty raises.,

Sounds good to me, but i don't think this will happen

g83

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Quote from: BitCsByBit on August 19, 2013, 10:51:12 PM

I think a partial refund while shipping the ordered chips would be the best outcome for everyone.
What do you think how much their mark up is on the chips?
They charged us ~ $10 a chip, while cost to manufacture them is probably around $1 per chip.
They could cover the costs for manufacturing and handling, and even keep some profit (lets say 10%), and refunds the rest. They would not be in minus and group buys would have more than inadequate chips for the upcoming difficulty raises.,

Sounds good to me, but i don't think this will happen

BitCsByBit

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I think a partial refund while shipping the ordered chips would be the best outcome for everyone.
What do you think how much their mark up is on the chips?
They charged us ~ $10 a chip, while cost to manufacture them is probably around $1 per chip.
They could cover the costs for manufacturing and handling, and even keep some profit (lets say 10%), and refunds the rest. They would not be in minus and group buys would have more than inadequate chips for the upcoming difficulty raises.,

SebastianJu

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I did only pay for my chips i had with zefir till now since i thought burnin has good enough assembly capacities and its safer to pay when everything seems to work because its open if refunds are flowing.

Regarding refund... we have 5.6 batches in total. So in theory we could ask for refund of some and keep some batches for those that want to keep them. But i doubt that Yifu will refund. He will claim that he had to order the batches and so on. And our fifth and sixth batch is not even due. And those would most probably the batches we would like to refund.
Saying that i tend to believe that Yifu would claim that point. Its not due yet. The profitability is a problem not only caused by Yifu in our case since we all werent imagining the difficulty rising so much.

Im not sure if we can do anything at all besides waiting. But im open to suggestions.

polariss

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Hi, I am selling 200 chips from batch #3 https://bitcointalksearch.org/topic/auction-sebastianjus-batch-3-200-avalons-chips-preorder-277599

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legendary

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Quote from: itod on August 18, 2013, 05:34:20 PM

Quote from: SebastianJu on August 18, 2013, 01:06:03 PM

Thanks. Ill repost this in german thread... we arent hit so bad like others yet but nonetheless the difficulty beats us the same. I didnt foresee that the diff will rise so fast and im very sure no one other did.

We are closing to a point after which chips will not be able to ROI. If I remember right if they start hashing after second week of September they are not worth in BTC what will be invested in them + assembly. That means whoever gets them in the next 10 days is lucky.

I wonder what would be better news - a) Avalon started to ship batches or b) Avalon started to do refunds on chips. Now it depends if you already payed for assembly or not.

At this point a refund might save them some face. Then we can start the lawsuit and "they" get to pay for it...

Choadmeyer

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I'm looking to sell 40 chips, 20 from batch #4, 20 from batch #6.

Ready to let these go after a considerable price drop!

https://bitcointalksearch.org/topic/m.2945056

Please PM me if interested.

stripykitteh

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I have 144 chips for sale from batch #2 (my project was cancelled):

https://bitcointalksearch.org/topic/wts-144-chips-from-sebastianju-group-buy-batch-2-277219

Thanks.

itod

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Quote from: SebastianJu on August 18, 2013, 01:06:03 PM

Thanks. Ill repost this in german thread... we arent hit so bad like others yet but nonetheless the difficulty beats us the same. I didnt foresee that the diff will rise so fast and im very sure no one other did.

We are closing to a point after which chips will not be able to ROI. If I remember right if they start hashing after second week of September they are not worth in BTC what will be invested in them + assembly. That means whoever gets them in the next 10 days is lucky.

I wonder what would be better news - a) Avalon started to ship batches or b) Avalon started to do refunds on chips. Now it depends if you already payed for assembly or not.

tiros

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Quote from: SebastianJu on August 18, 2013, 01:06:03 PM

Quote from: tiros on August 18, 2013, 11:46:40 AM

Where we stand

Code:

2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 29 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> +  5 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 14 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 18 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 22 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 29 days

Thanks. Ill repost this in german thread... we arent hit so bad like others yet but nonetheless the difficulty beats us the same. I didnt foresee that the diff will rise so fast and im very sure no one other did.
I think the one that ordered KNC and any other preorder that will ship even later will have a way harder time then we will have.

You are welcome

I anticipated it's going to be 4 times worse by the time I got my miners, and now its 2.37 already and no chips in sight Sad

I also opened new topic at https://bitcointalksearch.org/topic/closed-refunds-processavalon-chips-group-buy-order-time-frame-and-deliveries-277198

2017orso

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to anyone interested - https://bitcointalk.org/index.php?topic=277084.new#new

thanks

SebastianJu

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Quote from: tiros on August 18, 2013, 11:46:40 AM

Where we stand

Code:

2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 29 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> +  5 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 14 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 18 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 22 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 29 days

Thanks. Ill repost this in german thread... we arent hit so bad like others yet but nonetheless the difficulty beats us the same. I didnt foresee that the diff will rise so fast and im very sure no one other did.
I think the one that ordered KNC and any other preorder that will ship even later will have a way harder time then we will have.

tiros

full member

Activity: 126

Merit: 100

Just another miner

Where we stand

Code:

2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 29 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> +  5 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 14 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 18 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 22 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 29 days

SebastianJu

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Updated all tables.

302 Unique users

Missing info:
9 billing addresses in full or partly (2.98%)
7 target address, for example assembler (2.32%)
2 Verifications (0.66%)

978 Chips without billing address (1.75%)
728 Chips without target address (1.30%)

Target | chips | percent

burnin   40362   72,08%
sensei   144   0,26%
szym00   0   0,00%
evilscoop   0   0,00%
strombom   880   1,57%
ryepdx   0   0,00%
marto74   1265   2,26%
innovina   260   0,46%
Local Pick up   100   0,18%
Other or Private Address   12261   21,89%

Missing Target   728   1,30%

Complete   56000

The table isnt 100% correct since orders with splitted chiptargets are calculated to „Private Address“.

SebastianJu

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Quote from: DebitMe on August 16, 2013, 04:01:41 PM

Quote from: bitcoiner49er on August 16, 2013, 10:41:37 AM

This is how the community SHOULD operate. Kudos to Sebastian!

Thank God, some chips shipped (130K) to be exact. Any idea if any of your group buys are in this batch?

Its unlikely since zefir alone has 6 batches before us. Not taken private buyers into account. The status didnt change either what doesnt have to mean anything though.

pajak666

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Looking for advertising deal

how many batches in total has been ordered via all of the GB over the forum?

DebitMe

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Quote from: bitcoiner49er on August 16, 2013, 10:41:37 AM

This is how the community SHOULD operate. Kudos to Sebastian!

Thank God, some chips shipped (130K) to be exact. Any idea if any of your group buys are in this batch?

bitcoiner49er

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This is how the community SHOULD operate. Kudos to Sebastian!

Topic: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) - page 22. (Read 125282 times)