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Topic: Liquid Synergy Designs Inc. -ASIC mining hardware - page 196. (Read 423279 times)

hero member
Activity: 648
Merit: 500
all purchases received, recorded, replied.

All messages and emails replied.

Thread OP has been updated, with an easier to understand format. All updates and the OP may be found in the third post.

Tentative final pricing for single unit purchases now available. Note this does not include the power supply. Additional pricing for larger purchases requiring different housing and cooling solutions will be available soon.

An email from asicbuy[at]gmail[dot]com has been sent to everyone who purchased in Batch 1. If you have not received an email, please check your spam folder and email a request for resend.
This email has only been sent to Batch 1 members at this time. If you do not have an order placed in Batch 1, you will not receive an email
newbie
Activity: 18
Merit: 0
I would like to ask, what is the difference between Fully Assembled and Assembled? I believe that Assembly will not include the mounting of the chips, but I might be wrong. Please correct me if I am.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
sweet moving right along
member
Activity: 87
Merit: 10
Order placed.  Thanks for the service, Steamboat, and all involved.  Looking forward to hearing more about the final board products.

64 x .086 = 5.504 BTC

TX ID:  5e6052f709b28661e11c4bbb737839763e21fc8e63df8dce385ba1762eed970f-000

Email sent.

KS
sr. member
Activity: 448
Merit: 250
i am interested in placing an order when will the ships/miner be delivered once placing an order?
chips are said to be 10 weeks after the *batch* is ordered (so the batch you are participating in must close first) and Steamboat says the miners will be assembled within 72hours of the chips' (your batch, obviously) arrival.
legendary
Activity: 1148
Merit: 1000
i am interested in placing an order when will the ships/miner be delivered once placing an order?
hero member
Activity: 648
Merit: 500
Hello, Steamboat
I have paid for some AISC's from batch 1 if I buy from batch 5 Will the chips I paid for in batch one lose their place in the que?
Thanks!


Any orders placed in previous batches which have closed have had their queue placement locked in, and will not be affected by any subsequent purchases.

I am interested in purchasing 300 chips.

Am I to understand correctly, that upon your receipt of orders, you will be assembling the chips onto working units, for an additional cost per 16 chip board ? Complete with power supplies, cables, etc ?

This is correct. The "singles" (name TBD) will not come with a power supply as this adds considerable shipping costs, and most customers have a computer already with spare power. Purchases for larger amount of chips may have the option of using the same power supply used in the hosting configuration.



All purchases received recorded, replied. Look for updates today.
full member
Activity: 205
Merit: 100
Hello, Steamboat
I have paid for some AISC's from batch 1 if I buy from batch 5 Will the chips I paid for in batch one lose their place in the que?
Thanks!


I asked the same question earlier. The answer was; No, you will not lose your place in the que Smiley
hero member
Activity: 529
Merit: 501
Put me down for 36 more chips in batch 5.  Grin

E-mail and BTC sent.

newbie
Activity: 48
Merit: 0
I am interested in purchasing 300 chips.

Am I to understand correctly, that upon your receipt of orders, you will be assembling the chips onto working units, for an additional cost per 16 chip board ? Complete with power supplies, cables, etc ?

Power supplies not included. But there will be a 6 pin PCIe female connector I believe that you use to power it. Go a few pages back in this thread and you will see some discussion about power options.
sr. member
Activity: 249
Merit: 250
I am interested in purchasing 300 chips.

Am I to understand correctly, that upon your receipt of orders, you will be assembling the chips onto working units, for an additional cost per 16 chip board ? Complete with power supplies, cables, etc ?
I believe those are not included. The components referred to are the parts called for in design of the Klondike. All the boards will have a 6 pin pci-e power connector to draw power from. You need to figure out the best way for you to power these. I'm also inclined to believe the connector to join multiple boards together (to act as one device) is not included as well.

You can check a few pages back where we discussed power options
legendary
Activity: 1652
Merit: 1067
Christian Antkow
I am interested in purchasing 300 chips.

Am I to understand correctly, that upon your receipt of orders, you will be assembling the chips onto working units, for an additional cost per 16 chip board ? Complete with power supplies, cables, etc ?
sr. member
Activity: 378
Merit: 250
Hello, Steamboat
I have paid for some AISC's from batch 1 if I buy from batch 5 Will the chips I paid for in batch one lose their place in the que?
Thanks!
hero member
Activity: 648
Merit: 500
Why do they purchase from this if others are selling with lower order number and for fewer BTC?

Beats me.

Please clarify what you mean by lower order number. It is every customers right to chose who they wish to purchase chips from. The goal is to give every customer the best service possible for their purchase, not simply act as a reseller. There are cheaper alternatives available, but who would trust someone who plagiarized their entire thread to put in the time required to source assembly, develop the infrastructure needed, and provide quality customer service without cutting corners?  

Additionally, we provide full assembly and parts, with the fastest expected unit turnaround time.


...assuming... Steamboat manages to sort out the fab and hosting etc, it's a reasonable price, no minimum order, and I don't have to host it or deal with shipping and customs etc.

The fab has been sorted. Once prototypes have been tested and finalized production will begin.

I don't mean disrespect by this, but how do we know that we can truly trust Steamboat? I could be totally wrong and Steamboat may be totally trustworthy, but I can imagine that those sending lots of money via Bitcoin to him can have legitimate doubts and some fears at the back of their minds. To Steamboat, in light of this, would you be willing to give your identity and address information to the escrow JohnK? This is for peace of mind for the others here who may not know you so well and I don't mean any offence by this request.

No disrespect taken. I am glad you are taking the time to research who I am and who you are investing with. My identity has not been released due to delays in other portions of this project which will undoubtedly be discovered once the community begins it's background check. I am, and always have, planned on becoming publicly known. I do not have an issue with giving this information to John K. in the interim to ease your concerns.

Please note however, that this does in no way guarantee the safety of an investment. Any longtime member of the bitcoin community will be able to give at least one example of a scammer whose identity is known, who has not faced the consequences of their actions. It is extremely important to do research and qualify the organizers, and make informed decisions which are not based on assumptions. Escrow by John K. only protects the bitcoins sent, not the chips once they have arrived. Do I believe every other group buy coordinator is a scammer? No. Would I be willing to send thousands of dollars to a member with a 2 month old account and 40 posts? Also no.

The administrative and logistical load of organizing a group purchase is no easy task, and requires a significant amount of planning. This is not a complaint. I love what I do, and I love being able to play a part in the distribution of the hashrate to all of you.

There is no reliable track record because previous group buys are not fully completed with actual shipment to the group members. I am not saying that Steamboat is a scammer and I am not trying to discredit him, but it would be nice if he did give some information to JohnK.

This is true of every group buy. Again, while I am fine with giving John K. my information, do not think this guarantees your safety. That is not to discredit John, as he is providing an excellent service to the community and doing everything in his power to help protect it.

Do your research. Read the posts of the organizers. Get a feel for their personality, beliefs, values. Scrutinize their threads. Is it professional? Have they addressed all of your concerns? Are they making an effort to answer questions and provide accountability?

How many threads have addressed the issue of faulty Avalon chips?


All purchases received, recorded, replied. Pressing issues have delayed the OP revamp, which will be release as soon as possible.

Thank you all for the questions and concerns, which are very important to ensure the health of the community.
hero member
Activity: 756
Merit: 500

You are a little late, dude. This is the 5th group buy. What rock have you been living under that past month?

This has been ongoing for a while, and it's quite unlikely to be a scam.

I, for one, have bought a few chips in each one of his rounds. I'm quite confident that he's not scamming anybody.



I have raised a legitimate concern. Just because it has been going on for awhile doesn't mean it is entirely legitimate. The chips won't be shipped for awhile and therefore no one has received their chips in this or previous group buys. There is no reliable track record because previous group buys are not fully completed with actual shipment to the group members. I am not saying that Steamboat is a scammer and I am not trying to discredit him, but it would be nice if he did give some information to JohnK.

Then I recommend you go with another group buy that uses JohnK as an escrow service.
member
Activity: 106
Merit: 10

You are a little late, dude. This is the 5th group buy. What rock have you been living under that past month?

This has been ongoing for a while, and it's quite unlikely to be a scam.

I, for one, have bought a few chips in each one of his rounds. I'm quite confident that he's not scamming anybody.



I have raised a legitimate concern. Just because it has been going on for awhile doesn't mean it is entirely legitimate. The chips won't be shipped for awhile and therefore no one has received their chips in this or previous group buys. There is no reliable track record because previous group buys are not fully completed with actual shipment to the group members. I am not saying that Steamboat is a scammer and I am not trying to discredit him, but it would be nice if he did give some information to JohnK.
sr. member
Activity: 302
Merit: 250
Why do they purchase from this if others are selling with lower order number and for fewer BTC?

Beats me.

I went with steamboat's group buy after looking at the quickest way to get a complete miner built (in US) by someone that has a strong reputation, good communication, and seems to be heading down the most plausible path. I don't want to go down a cheaper path and end up with raw ASIC chips I am then struggling with finding someone to populate into a complete miner.

I am also not that convinced that lower chip orders will matter that much. It wouldn't surprise me if, once Avalon starts cranking out chips, there isn't that much time difference between the first order and the last one shipped.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
steamboat loan me about $40,000 in Btc. if he was going to scam someone I doubt he would start out by giving out loans and then me loaning to him and him re paying almost immediately. And he paid interest that I did not even request. He is probably the those honest person I have dealt with on the forum
hero member
Activity: 529
Merit: 501
I don't mean disrespect by this, but how do we know that we can truly trust Steamboat? I could be totally wrong and Steamboat may be totally trustworthy, but I can imagine that those sending lots of money via Bitcoin to him can have legitimate doubts and some fears at the back of their minds. To Steamboat, in light of this, would you be willing to give your identity and address information to the escrow JohnK? This is for peace of mind for the others here who may not know you so well and I don't mean any offence by this request.

You are a little late, dude. This is the 5th group buy. What rock have you been living under that past month?

This has been ongoing for a while, and it's quite unlikely to be a scam.

I, for one, have bought a few chips in each one of his rounds. I'm quite confident that he's not scamming anybody.

full member
Activity: 177
Merit: 100
On a serious note, if you trace steamboat's payment addresses forward in blockchain.info, you can find the 782.1 BTC payment to Avalon and quickly find what appears to be their final receiving address for chip sales

1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

This address contains 64,060.9 BTC. The first payment to this address was received 4/16/2013 and consists mainly of 782.1 BTC payments for 10,000 chips each. Several of the initial payments were blocks for 3,000 BTC or 5,000 BTC.

If you assume Avalon is using this address for all of their chip payments, 64,060.9 / 782.1 = ~81.9 blocks of 10,000 chip purchases.

81.9 chip purchases * 10,000 chips each * 282 MHash/chip = 231 THash/sec added to the network.

That is roughly a 2x increase over the current ~110THash/sec for the current network just for chip purchases to date. Also from the Avalon payment address it looks as if roughly 1 batch is purchased per day recently.  Even with these increases the ASIC ROI on raw chip purchases and x16 open sourced boards is still quite positive.

Thoughts?

That looks about right to me.

One thing I find odd is that Avalon hasn't taken ANY coins out of that address yet. I would think by now they would have taken some of that $8 million+ USD out to start paying for chip production. Not trying to spread FUD here (I'm about to place an order with steamboat) but what are others' thoughts on the Avalon sitting on the coin still?

Yeah, I'm interested in hearing people's thoughts about this as well - especially given the delays in the shipment of Avalon miners.

Well, Yifu did say during the conference that at one point in the past, they had a choice of making "$3million the next month" or making "a lot less" by building units.  They decided to go ahead and build units w/ Batch #1 and it was the right choice to make as far as the community was concerned. 

However, my newbie and very uninformed guess is that they might be mining with some unknown quantity of units right now, then by carefully controlling the release of chips/units, they could maximize profitability given the current condition of the market: 1) BFL's ineptness and inability to deliver 2) controlling shipments on Batch #2#3   3) timeframe w/ open-source boards all hinging on upcoming chip deliveries. 

There's a small window of opportunity right now at the intersection of shipping units/chips and mining, they have enough credibility and leverage in this market to pull it off, especially when no one else is shipping a comparable product yet.



He also said they didn't cash the BTC until they had some actual invoices to pay and have means of selling them outside of exchanges (meaning they won't crash the price).

That's a good point, I do recall him saying that he does have means outside of exchanges.  Believe he might have said that in a response to a question from the floor.
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