Topic: Liquid Synergy Designs Inc. -ASIC mining hardware - page 120. (Read 423279 times)

Pricing

Chips:
Avalon ASIC chips may be ordered for BTC0.086. This fee is due immediately upon order placement.
Assembly:
The total price for assembly is $95. This includes $35 for the PCB and board related components, and $60 for assembly, to be paid in BTC.

Assembly and DIY Kit:
The DIY kit and fully assembled PCB are $123.5, to be paid in BTC.
Fully Assembled Unit:
The fully assembled unit, including all necessary hardware, is $133.5, to be paid in BTC.
Hosting:
Hosting fees include 8% of miner revenue production, plus $.06kw/h for electricity used. A setup fee of $15 per unit is necessary to help defray the initial infrastructure costs.
Testing:
Free with the purchase of a fully assembled unit.

Is Boxman only referring to the chips themselves?... which I assume is a light amount of work of re-shipping them to the buyers?... the assembly part of it is where the rest comes into play  I gotta go look at the calculations though... not sure if he actually made 70btc per batch on just the chip purchases?

EDIT: I guess he did make 70-80 btc per batch on just chip purchases.  I assume the 'assembly' costs that were ontop of the chip purchases were used to pay for the parts/firmware/boards/etc ?

Order ownership changing/splitting would be appealing, but would take a lot of work and generally be a pretty substantial headache for SB to manage. Maybe a transfership "window of time" could be opened prior to chip arrival.

Anyone that has sourced parts, knows that you get wrong parts sometimes, or you find a flaw in the design and have to order a whole new set of parts to replace the ones that will not work. The assumption that he is swimming in btc and cash after this group buy is pretty silly in my opinion. Then include the time spent, yeah hes working for peanuts at this point unless avalon gets the chips to him.

OK, and developing pcboards, firmware, buying parts, and purchasing the stock BOM parts - to be on hand to build several thousand boards - cost Steamboat how much exactly?

Simple. They added 10% to the price of the real chips. steamboat has 6 batches, each 700BTC each. +10%, steamboat got a fee of 70BTC per batch. That's a total of 420 BTC or ~50000 USD.

I'd call that a serious profit for a light amount of work.

Explain to me again how the group-buy organizers are cashing in "for serious profits" exactly?

Does anybody knows how to make a refund from Liquid Synergy? (chips and/or assembly)

Steamboat - being one of those who have paid for chips and assembly, are you willing to entertain refunds for the assembly portion of your services?  i.e. - leaving those who seek such refund "out in the cold" when/if chips arrive.  Perhaps members of other group buys could take advantage of such an opening for their own parts/assembly, such that you do not sustain any damages, and those of us in later batches minimize our exposure (and take our chances when chips arrive).

Those chips had to come from somewhere. Also http://thegenesisblock.com/bitmine-ch-receives-first-avalon-asic-chips-in-august/

OK. BitSynCom claimed to be shipping 4-5 batches a day about one week ago. Since then it''s been verified that TWO shipments have been made. Not 20, not 25. Not even four. TWO!

I'm sick to death of this waiting and doing nothing. We are being cheated and lied to. Plain and simple.

We need to do SOMETHING. Anything! As long as it isn't wait.

I personally advocate setting a specific date (in the VERY near future) by which time BitSynCom provides FULL disclosure of the whereabouts and status of ALL SHIPPED CHIPS, and a detailed shipping schedule of each proposed future shipment.

Barring their presumed noncompliance with those demands, we should be prepared to file a civil suit, and most importantly, CRIMINAL charges against BitSynCom and it's principals.

At any rate, a Steamboat update IS LONG PAST DUE! (Yes, I DO require constant hand-holding by the group buy head if the current plan is still indefinite waiting.) I know posting here is a horrible bother, but since Steamboat stands to make money from this no matter WHEN the chips arrive, the least he can do is "waste" some of his valuable time updating us. Even if it's just to say the obvious: "Guess what, guys - you're screwed!"

I know this post is quite negative in tone, and is certain to step on toes. But I'm done! We're already screwed, how will it hurt to start raising legal hell?