Topic: [Group Buy] Avalon ASICs Batch #4 (Planning) (Read 13060 times)
I'm in for 2 BTC if batch 4 pops.
I'm in for 2 BTC.
I think the chances are pretty low there will be a batch 4. I don't want to dig through threads for the next hour, but pretty sure Yifu said that it was going to be the last batch. They are going to supply the chips going forward, and folks will be making Klondikes and other similar units.
And this is why you should buy my batch 3 group buy shares !
https://bitcointalksearch.org/topic/auction12-gh-of-asic-mining-in-15-group-buy-shares-of-b3-avalons-coinhoarder-232223
And this is why you should buy my batch 3 group buy shares !
https://bitcointalksearch.org/topic/auction12-gh-of-asic-mining-in-15-group-buy-shares-of-b3-avalons-coinhoarder-232223
5 BTC
4 BTC if they announce a batch 4
10 BTC if they accounce a batch #4
Most probably in for 5 BTC,
but of course I need more infomations on the batch#4 devices when released before making a final statement.
but of course I need more infomations on the batch#4 devices when released before making a final statement.
Avalon said they were thinking of making a 2 board miner for a smaller footprint and easier to ship.. not sure if they got enough interest in that to move forward
But that would be a little bit cheaper and worth just buying outright, maybe 50btc or less
But that would be a little bit cheaper and worth just buying outright, maybe 50btc or less
In for 10btc.
I'm down for 4 btc.
If they do make batch 4. I am in for 10btc
I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok
It seems like Avalon might not make a Batch 4.
I think them selling chips in bulk is their way of saying that they;re not going to do a Batch 4.
Agreed. I think that was the plan all along, to bulk sell chips. Avalon doesn't seem too interested in dealing with end-users.
I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok
It seems like Avalon might not make a Batch 4.
I think them selling chips in bulk is their way of saying that they;re not going to do a Batch 4.
I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok
^^^ Words of wisdom.
Let me give you a couple pointers of things I learned in the aftermath of my group buy.
1. Lay out your terms as specifically as possible
- How long will you host the devices?
- What happens when they become unprofitable?
- Can people transfer interest and what rules are there for this? (I advise against this.. it makes a huge accounting mess as I am learning.)
- Make sure everyone knows you are not and will not guarantee any profits and each person is investing at their own risk, and that by sending you money to order the Avalons they already understand this.
- Will you merge mine any coins? which ones?
- Will you go solo? overclocking?
- Which pool will you use? (if you do)
2. Go ahead and make some forums somewhere so you can keep everybody up to date and everything organized. Have users PM you on bitcointalk their email they register on the forums with, so that you can verify their identity. Only allow the verified group posting privileges, otherwise spam bots show up.
3. If any extra expenses are required, let it be known (rent/power conditioners/240v PDUs/C13 to C14 cables/electricity to run the A/C, etc).
4. You can use https://github.com/csjones/sharebitcoins to make dividend payments easily.
Just really make sure to think through your terms before collecting money. Also, from experience I think 3% is too low a percentage. I wish I had charged more because it takes a lot of time and effort to manage 87+ investors. Also, you will receive your units much later than I will and difficulty will be higher. Do not get locked into doing this for a penny per month, because you will hate it.
Good luck!
1. Lay out your terms as specifically as possible
- How long will you host the devices?
- What happens when they become unprofitable?
- Can people transfer interest and what rules are there for this? (I advise against this.. it makes a huge accounting mess as I am learning.)
- Make sure everyone knows you are not and will not guarantee any profits and each person is investing at their own risk, and that by sending you money to order the Avalons they already understand this.
- Will you merge mine any coins? which ones?
- Will you go solo? overclocking?
- Which pool will you use? (if you do)
2. Go ahead and make some forums somewhere so you can keep everybody up to date and everything organized. Have users PM you on bitcointalk their email they register on the forums with, so that you can verify their identity. Only allow the verified group posting privileges, otherwise spam bots show up.
3. If any extra expenses are required, let it be known (rent/power conditioners/240v PDUs/C13 to C14 cables/electricity to run the A/C, etc).
4. You can use https://github.com/csjones/sharebitcoins to make dividend payments easily.
Just really make sure to think through your terms before collecting money. Also, from experience I think 3% is too low a percentage. I wish I had charged more because it takes a lot of time and effort to manage 87+ investors. Also, you will receive your units much later than I will and difficulty will be higher. Do not get locked into doing this for a penny per month, because you will hate it.
Good luck!
People who are interested:
Currently have enough for at least 1 Avalon! Going for 2 now!
Total:
79/75 BTC
- 17 BTC - Me
- 10 BTC - rttnpig
- 1 BTC -Luckybit
- 5 BTC - dmo580
- 2 BTC - dazzle
- 2 BTC - rammy2k2
- 40 BTC - Rallye
- 2 BTC - haaning
Currently have enough for at least 1 Avalon! Going for 2 now!
Total:
79/75 BTC
You do know there's not too many people working there right? I'm sure everybody there is doing 2 or 3 jobs unlike BFL where they're doing 0.2 or 0.3 jobs per person 
Why would they stop making them? They have the production lines etc. paid for - they might as well keep making them as long as there are people willing to pay. They might have to reduce the price per unit a bit or something in the future, due to the lower return as the difficulty continues to ramp up or if we get new competition (hopefully!).
IMO the only thing would be is if they decided to stop production for a while to build a second generation - like a different technology node for the ASICs or tweaks for speed or power improvements. But if anything they can work on that concurrently while continuing to ship.
IMO the only thing would be is if they decided to stop production for a while to build a second generation - like a different technology node for the ASICs or tweaks for speed or power improvements. But if anything they can work on that concurrently while continuing to ship.
I'm in 40 btc if this is going to be released
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