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Topic: Liquid Synergy Designs Inc. -ASIC mining hardware - page 113. (Read 423279 times)

sr. member
Activity: 252
Merit: 250
Time for SB to notify us on how to proceed.
sr. member
Activity: 294
Merit: 250
Yifu posted:

Quote from: BitSyncom
form says 15th, typo in the newsletter. I think half a week late is pretty good, if chips arrives on wednesday and we send them out no? if they do not arrive we'll work out something else.
so he had June 1st in the email he sent but is apparently accepting refunds up to June 15th. Based on that, batch 5 is eligible for a refund, but not batch 6 (yet).

Yeah, notice that on the form it says "before June 15st". Something tells me he noticed his "TYPO" after it was repeatedly pointed out on this forum that they had already missed the June 1st order deadlines... or is the "June 15st" date the "typo"?

"Yet another clear and effective communication from the stellar PR folks at BitSynCom". /end sarcasm
sr. member
Activity: 476
Merit: 250
I also really dont know what to do. I want to sell it and I want to keep it. I am in EU and will pay 25% VAT on order. Damn.
I can imagine how Steve feel....we should stick together and find a best scenario. I know that emotion does not have in any business but still....

Steve, please update us (and hang on).
hero member
Activity: 529
Merit: 501
At this point, I bet you 1-3 batches of chips will show up on Steamboat's doorstep at some point this coming week, further complicating the whole refund deal.

He would have to ship them back at his/ours expense.

I'd rather he build the darned things, even if they are 8 weeks late. Hell, I've got 15 btc just in assembly costs that I don't really want to piss away.

If you wait for Bitfury, KnC, or any other miner with "October" delivery, God only knows when they'll ship.

At least if I start hashing by middle of September, I'll get some ROI back anyway.


newbie
Activity: 17
Merit: 0
I'm also in batch 5 and I did submit a refund vote. I insist for a refund because this batch is late and under the no bullshit clause we have a right to refuse a depreciated product. No way I'm going to accept such a delay.
sr. member
Activity: 302
Merit: 250
Yifu posted:

Quote from: BitSyncom
form says 15th, typo in the newsletter. I think half a week late is pretty good, if chips arrives on wednesday and we send them out no? if they do not arrive we'll work out something else.
so he had June 1st in the email he sent but is apparently accepting refunds up to June 15th. Based on that, batch 5 is eligible for a refund, but not batch 6 (yet).
sr. member
Activity: 302
Merit: 250
On man, what a PITA. I'm in batch 5 and am not sure what I want to do yet. I assume there will be some folks in batches 1 to 4 who do want to keep their chips, so hopefully SB can come up with a plan that let's folks move around between the batches. What a logistic nightmare, although if anyone can handle it I think it would be SB.

And yeah, batch 5 chips are most definitely already late. I am very curious how Yifu is going to compensate for the late chips given he isn't offering refunds. My guess is he hope she can get away without any compensation. However, I hope the group buy leaders make it know to him that isn't the case.
sr. member
Activity: 294
Merit: 250
Just got an email from Avalon, to complicate things, looks like only Batches 1-4 are eligible for refunds:

Avalon ASIC
Chips Delivery Update, September Edition

Due to events outside of our control, the delivery of chips have been delayed so far. While the situation are improving and chips are shipping, we have ultimately decided to revert our policy on no refunds and offer the option for customers to request a full refund(in bitcoin) if so desired.

The link to the request form is below, please note this only applies to orders made earlier than June 1st.

In other news, for those who decided to wait or wish to know more about delivery schedule will be glad to note we are receiving a batch of 400,000+ chips on Wednesday, with that we expect to be in good shape for meeting the upcoming deadlines of chip deliveries for orders made in June and later.

In addition, we hope to wrap up generation one, finish shipping the chips, construct the modules and build the 2 module Avalon mini, put this pre-order mess behind us in general and switch gear into 55nm production, tape out generation 3, and start work on improving chip design for generation 4. Only sell what we can produce in a day on the assembly line, and only what's in stock.

Yep, that's gonna complicate things alright! This will certainly create a lot of questions.

BTW, if the chip delivery window is 8-10 weeks, aren't the June 1st orders ALREADY late too? How are they gonna be "meeting the upcoming deadlines of chip deliveries for orders made in June and later" if the early June orders are already late?
hero member
Activity: 529
Merit: 501
So, 40 batches of 10k chips....

Where does that put us? Who's got that handy dandy spreadsheet?

Might actually be good news for a change??

Poor us and Steamboat. Being jerked around like puppets on a string.
hero member
Activity: 574
Merit: 500
Just got an email from Avalon, to complicate things, looks like only Batches 1-4 are eligible for refunds:

Avalon ASIC
Chips Delivery Update, September Edition

Due to events outside of our control, the delivery of chips have been delayed so far. While the situation are improving and chips are shipping, we have ultimately decided to revert our policy on no refunds and offer the option for customers to request a full refund(in bitcoin) if so desired.

The link to the request form is below, please note this only applies to orders made earlier than June 1st.

In other news, for those who decided to wait or wish to know more about delivery schedule will be glad to note we are receiving a batch of 400,000+ chips on Wednesday, with that we expect to be in good shape for meeting the upcoming deadlines of chip deliveries for orders made in June and later.

In addition, we hope to wrap up generation one, finish shipping the chips, construct the modules and build the 2 module Avalon mini, put this pre-order mess behind us in general and switch gear into 55nm production, tape out generation 3, and start work on improving chip design for generation 4. Only sell what we can produce in a day on the assembly line, and only what's in stock.
newbie
Activity: 10
Merit: 0
You all realize that this is a holiday weekend right?
ajk
donator
Activity: 447
Merit: 250
anybody know if steamboat is taking PMs or how we should go about getting chip refunds? I have PMed him but no reply back but I assume hes swamped after he let everyone know that he was planning a refund,

thank you, sad to see it come down to this but batch 3-5 probably will never see ROI,
legendary
Activity: 1974
Merit: 1003
If I read steamboats post right, refunds for parts will not be offered -- but will attempt to be resold?  Why wouldn't the parts be shipped to whoever purchased them if there is no refund?  Customer pays for parts that the supplier keeps?

First, steamboat hasn't finalized anything right?

Second, I think this would be optional; obviously some people are still going to want chips & boards.

i'm one of them
hero member
Activity: 742
Merit: 500
If I read steamboats post right, refunds for parts will not be offered -- but will attempt to be resold?  Why wouldn't the parts be shipped to whoever purchased them if there is no refund?  Customer pays for parts that the supplier keeps?

First, steamboat hasn't finalized anything right?

Second, I think this would be optional; obviously some people are still going to want chips & boards.
member
Activity: 84
Merit: 10
Developer
If I read steamboats post right, refunds for parts will not be offered -- but will attempt to be resold?  Why wouldn't the parts be shipped to whoever purchased them if there is no refund?  Customer pays for parts that the supplier keeps?
legendary
Activity: 2212
Merit: 1001


Well,someone will have all those chips & may need boards,design is done,just put em together & sell em.So there may just be a market SOMEWHERE,SOMETIME...soon,hopefully  Wink
hero member
Activity: 574
Merit: 500
PCBs are a little more specialized in their design than bricks.
hero member
Activity: 662
Merit: 545
I like your signature pixl8tr .


I'll be holding onto my boards / chips. As long as price keeps going up, even slightly every week or two, we may sneak something out.


kosta

With that same logic - you would be far better off getting a refund and holding on to the coins.
full member
Activity: 309
Merit: 100
I like your signature pixl8tr .


I'll be holding onto my boards / chips. As long as price keeps going up, even slightly every week or two, we may sneak something out.


kosta
full member
Activity: 224
Merit: 100
Thinking about it, If the chips were eventually on their way I would be okay with a partial refund for the chips that was mentioned in that Zefir post (to match what the chips are worth now). Yifu suggested it.

That is NOT going to happen. Personally, I'd be okay with getting a 100% refund, plus a little extra for my troubles, plus a blowjob from an outrageously hot blonde.

But we need to choose from the options that are AVAILABLE, not just fantasy. Yifu said he's not interested in any options other than a refund for purchase price. Take it or leave it. Those are your options.

The sooner people face reality, and start picking from the options that are actually available, the sooner things get resolved.

you need to re-read what he said to zefir. partial refund is on the table.

No, YOU need to re-read what he said:

"b) [partial refund] I am not a fan of this, on a principle level I rather do a full refund. plus, I rather sell the chips once we have them in hand at a discount, instead of letting people wait.( which is about the same as doing a partial refund in my opinion.)"

What about this indicates that he's offering partial refund?

ask yourself how waiting until the chips were on-hand and selling them at a discount helps the groupbuyers (the topic of discussion). How would this be relevant? He isn't talking about anyone else here, he's selling discounted chips to us. This isnt any different than a partial refund. We would net a full refund, and then buy discounted chips. He himself equates it to the same thing, he just doesnt like the term "partial refund" because its negative. he prefers "sell at a discount".

That's some very interpretive creative reading you've done there... Perhaps English isn't your first language? Try reading what he wrote, not what you wish he'd written.

He said he's not interested in doing partial refunds. He'd rather do complete refunds, and then sell the chips when he has them in hand. He doesn't like the exposure he has with outstanding orders, which he has made clear, by saying time and time again that he has no interest in dealing with pre-orders anymore.

He further reinforces this sentiment when he states that he also has no interest in converting orders to 2 gen, because he still has the problem of outstanding chip orders that he hasn't got the ability to deliver, which he is trying to get away from.

Reading is fundamental. Reading-comprehension is just as important.

You literally just echoed what I said you fucking idiot.

You're the one claiming he's offering a partial refund. He's not. Period. What he's offering is a refund NOW, with the possibility to re-order at a discount LATER. He's not offering to give you a partial refund, no matter how dense you try to be.
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