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Topic: Newbie AVALON ASIC mining buy-in (Read 1536 times)

full member
Activity: 238
Merit: 100
April 20, 2013, 05:46:52 AM
#32
Why would someone who bought one of these want to sell shares?  Why wouldn't they just use it themselves and keep all the profits?

Because it was a group-buy.
newbie
Activity: 19
Merit: 0
April 20, 2013, 02:45:47 AM
#31
Why would someone who bought one of these want to sell shares?  Why wouldn't they just use it themselves and keep all the profits?
newbie
Activity: 57
Merit: 0
April 20, 2013, 02:44:21 AM
#30
I'm interested as well... if more shares were generated or another machine was purchased.  Feel free to PM me
full member
Activity: 238
Merit: 100
April 20, 2013, 02:35:43 AM
#29
EDIT: Looks like we are all sold out...

Hi, could you sqeeze in one more person in there? I could buy 40 shares today upfront.

Or better, could we buy another one? I'm sure there are more people interested and eager to get in business somehow.
I know i'm late... just trying to get in before June/July.

Thanks
newbie
Activity: 11
Merit: 0
April 02, 2013, 02:09:09 PM
#28
EDIT: Looks like we are all sold out...
newbie
Activity: 10
Merit: 0
April 02, 2013, 12:19:37 PM
#27
Hi Ares,

I'm also interested in the project. Can you provide more details please ? How many shares are left ?
sr. member
Activity: 399
Merit: 250
April 02, 2013, 09:41:05 AM
#26
BFL has always talked about gearing up for thousands of units a month.  Were they to succeed, they could drop +100TH/s on the network per month.  That would obviously be a big, big deal.  I'm not holding my breath for it...  I doubt they'll ship anything this month, perhaps a few hundred in May just to put themselves on the map.

Good luck to them........

People will only buy if they can get ROI and if you are selling a unit at 1.5k but the ROI is 4 years , then it's really going to dent their sale figures.

more likely they will do what josh is doing... set up a mining company
newbie
Activity: 8
Merit: 0
April 02, 2013, 09:31:32 AM
#25
Could you pm me the details?  How many shares are available?  Will you accept BTC payment?
newbie
Activity: 11
Merit: 0
April 01, 2013, 10:52:27 PM
#24
Yes, BUT if you do that you'll never make money selling hardware.  This moment for cashing in big will only last a little while.

Which is why we've got the AVALON shares now for a unit that will be shipping out next week  Smiley
full member
Activity: 122
Merit: 100
April 01, 2013, 09:42:14 PM
#23
Yes, BUT if you do that you'll never make money selling hardware.  This moment for cashing in big will only last a little while.
newbie
Activity: 33
Merit: 0
April 01, 2013, 09:33:24 PM
#22
again, if i were the asic makers, i would use the devices to mine coins until the hashing difficulty is much higher, then ship out the devices.

why give up your gold egg laying hens while they are still productive (reproductive? ) Smiley

just plain business sense.
full member
Activity: 122
Merit: 100
April 01, 2013, 09:29:32 PM
#21
BFL has always talked about gearing up for thousands of units a month.  Were they to succeed, they could drop +100TH/s on the network per month.  That would obviously be a big, big deal.  I'm not holding my breath for it...  I doubt they'll ship anything this month, perhaps a few hundred in May just to put themselves on the map.
newbie
Activity: 11
Merit: 0
March 31, 2013, 05:53:35 PM
#20
If you're located in CA and want to grab a drink sometime, I'm up for that to...

I'll drink to that. I'll even buy. Approximately where in CA are you?

Down in LA. Torrance to be exact.

No idea what/how/if BFL will deliver and what the market will do then
newbie
Activity: 9
Merit: 0
March 31, 2013, 05:26:06 PM
#19
What ROI? when buterrlabs deliver products
newbie
Activity: 35
Merit: 0
March 31, 2013, 05:09:23 PM
#18
I'm interested but want a little more info. I'm a bit leery at the moment.
newbie
Activity: 2
Merit: 0
March 31, 2013, 04:59:26 PM
#17
If you're located in CA and want to grab a drink sometime, I'm up for that to...

I'll drink to that. I'll even buy. Approximately where in CA are you?
newbie
Activity: 11
Merit: 0
March 31, 2013, 03:24:37 PM
#16
400 shares left and it looks like we should be able to bring the total number of shares down to 1500.
member
Activity: 106
Merit: 10
March 30, 2013, 03:53:54 PM
#15
i'd like a PM with details too, I'm very interested but of course trust must be proven or earned. looking forward to seeing how it goes.
newbie
Activity: 11
Merit: 0
March 30, 2013, 02:38:06 PM
#14
PMs all sent out.

This is going to be for an early order Batch #2 unit and should be shipping, directly to me, April 15th as per the AVALON web site. Will be buying from a reputable user on the forum and going through escrow until confirmation comes from AVALON that change of address/ownership has been received.
member
Activity: 98
Merit: 10
March 30, 2013, 02:15:36 PM
#13
Hi Ares

I will be purchasing roughly 20 bitcoins late next week if current exchange rates persist. I am interested in making this type of investment but wonder what incentive there is for me to trust you. Have you got an estimated shipping date for this system? Perhaps I could cancel the bitcoin buy and papal you my investment in USD with the option to dispute if you don't come through, or if you can think of a better system for protecting investment I'd be happy to learn it. Please PM me any details.

JS
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