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Topic: If they don't have Stocks Available " Please Don't Buy " "No More Pre Orders" - page 3. (Read 2996 times)

legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Heh, however only those who preordered made a profit Smiley

actually... no

only avalon batch 1. that's it (and journalists who got their BFLs)

I think our batch 3s will ROI one way or another. In two weeks we mined 20% of what we paid for them. Hopefully Avalon offers a trade in deal for next gen like they did for Icarus/Lancelot customers. The FPGAs were selling for more than what you could mine with it, simply because you could trade it in for value on a purchase of an Avalon ASIC. It is possible we will ROI this way.

Another possibility is SHA256 ALT coins. Although Bitcoin may become unprofitable at some point, perhaps SHA-256 ALT coins will become more popular as people's Bitcoin ASICs become unprofitable. Thus injecting people into the SHA256 ALT coin communities and markets... price likely goes up. Kind of like how Litecoin became way more popular after GPU mining became unprofitable on Bitcoin.

Another possibility is as Bitcoing gets more popular, people with free power start popping out of the woodwork, offering to buy hardware for more than what others are willing to. If I lived in an apartment that offered free power, I know I would buy a rig. You could mine for years and years, and not have to worry about profitability or electrical efficiency.

A lot of things can happen, the future is impossible to tell, but you shouldn't worry too much after hardware has been ordered and it's hashing. We all made the decision to order the hardware, no one made us. It is partially our own fault and everyone should of known this was risky. What Bitcoin investment isn't risky though? Bitcoin in itself is inherently risky due to the wild fluctuations in the price.
full member
Activity: 196
Merit: 100
I love Bitcoin
hero member
Activity: 602
Merit: 500
Heh, however only those who preordered made a profit Smiley

actually... no

only avalon batch 1. that's it (and journalists who got their BFLs)
sr. member
Activity: 364
Merit: 250
How do we know you guys aren't just Avalon B1/B2 owners protecting your hashrate?  Huh  Grin  Cheesy

People have tried worse stunts here.

I'm sorry, I apologize. You might be one of those burned pre-order guys. Care to share what happened since I see you're so intent on discouraging others from doing pre-orders at all?

Which I might mention: if miners never did pre-order, no one would have a miner today because these Application Specific Integrated Circuits had to be purposely designed from scratch to be built for this one specific purpose!

This was much too risky and niche for any real VC to take an interest in. I'm imagining such an elevator pitch wouldn't go too well. They eventually cloned the Kickstarter funding route that's all the rage and have taken advantage of the good will of their customers such crowdfunding usually endears.

Intel, AMD, and ARM didn't have any SHA-256 capable ASIC chips in stock for some reason when Avalon & BFL went to bat, which is why we still have this pre-order mess today.  Sad
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Heh, however only those who preordered made a profit Smiley

+1

Live by the pre-order, die by the pre-order.  Smiley

If you can't stand the heat of the pool, then get out.  Wink
full member
Activity: 154
Merit: 100
You can go ahead and gamble with your bitcoins. It's probably the same chance to "make a profit" but certainly more fun than waiting for company X to deliver on their promises.
full member
Activity: 128
Merit: 100
Heh, however only those who preordered made a profit Smiley
legendary
Activity: 1974
Merit: 1003
yup, i agree, no more pre-orders
eve
full member
Activity: 210
Merit: 100
They are 2 many scams and vendors breaking their promises on pre orders, so don't, don't and DON'T BUY Pre Orders.
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