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Topic: Off-Topic - page 104. (Read 384416 times)

hero member
Activity: 574
Merit: 501
August 19, 2013, 12:54:31 PM
I still want my K-64s...
hero member
Activity: 630
Merit: 500
August 19, 2013, 12:52:34 PM
So pretty much we're DOA?

Just keep the hope alive that BTC keeps climbing.
sr. member
Activity: 392
Merit: 250
August 19, 2013, 12:46:34 PM
*200k were 'apparently' being held by customs, if you believe that, and at the same time choose to ignore pictures depicting millions of chips in Bitsyncom's hands, having cleared customs at the end of June, provable by the tracking id plastered all over the boxes and the pictures released at the end of June.

You are correct, got the ~800k from April to Mid may mixed up with customs

Quote
~200k chips stuck in custom right at this moment for about 2 weeks now, this matter is very painful for us and our customers. As majority of the chip orders ( 70% ) totaling ~800k is made between early and mid-may resulting in a tight time frame to work with.

Either way confirming that 800,000 chips total need to be shipped before Terrahash sees theirs.

So pretty much we're DOA?
hero member
Activity: 532
Merit: 500
August 19, 2013, 06:46:16 AM
Based on the blockchain below and assuming  all orders before April 16 were shipped (Zefir's batch 1).

The 200k ( in customs ) plus the 130k this week  should cover April 17 to April 28 orders.


Doing a little research regarding the supposed 130k chips being shipped. Best i can tell from what i have found and read thus far, it appears there is a chance Terrahash could receive both of their first batches ordered on may 10th and 16th (20,000 chips?) in this shipment according to yifu's post. (which btw, he did log in today so he is still alive lol)

Terrahash quote: we ordered on May 10 and 16. In that case, our batch 2 orders will start shipping at most 2 weeks after the batch 1.

Ahead of TH is:
zephir with (6) April orders = 60,000
steamboat a may 1st and may11th orders = 20,000
SebastianJu a may 11th order = 10,000
EDIT UPDATE: ragingazn628' april 27th order =10,000
__________
Total 100,000
Balance 30,000?


that accounts for 100,000 unreceived chips ordered in group buys,,at least from the source below. Im sure there may be others. Feel free to update this and double check Smiley Just killing time on a sunday afternoon....

https://bitcointalksearch.org/topic/m.2959430

https://bitcointalksearch.org/topic/m.1960159

 



There's also likely a lot of unpublished purchases prior to Terrahash's.

http://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

I believe that is Avalons Address right?

Count the purchases before May 16th.....

We also don't know how many of those "Silent" orders have already been processed. I doubt very much that Zefir was the ONLY order to get fulfilled especially when people are ordering Avalon chips "On the black market" (I quote because that is what they person said and I have no intention of looking up how factual this is).

At any rate it is about 600,000 - 800,000 chips needed to get to May.

800k were stuck in customs.

*200k were 'apparently' being held by customs, if you believe that, and at the same time choose to ignore pictures depicting millions of chips in Bitsyncom's hands, having cleared customs at the end of June, provable by the tracking id plastered all over the boxes and the pictures released at the end of June.
sr. member
Activity: 449
Merit: 250
August 18, 2013, 11:49:52 PM
Based on the blockchain below and assuming  all orders before April 16 were shipped (Zefir's batch 1).

The 200k ( in customs ) plus the 130k this week  should cover April 17 to April 28 orders.


Doing a little research regarding the supposed 130k chips being shipped. Best i can tell from what i have found and read thus far, it appears there is a chance Terrahash could receive both of their first batches ordered on may 10th and 16th (20,000 chips?) in this shipment according to yifu's post. (which btw, he did log in today so he is still alive lol)

Terrahash quote: we ordered on May 10 and 16. In that case, our batch 2 orders will start shipping at most 2 weeks after the batch 1.

Ahead of TH is:
zephir with (6) April orders = 60,000
steamboat a may 1st and may11th orders = 20,000
SebastianJu a may 11th order = 10,000
EDIT UPDATE: ragingazn628' april 27th order =10,000
__________
Total 100,000
Balance 30,000?


that accounts for 100,000 unreceived chips ordered in group buys,,at least from the source below. Im sure there may be others. Feel free to update this and double check Smiley Just killing time on a sunday afternoon....

https://bitcointalksearch.org/topic/m.2959430

https://bitcointalksearch.org/topic/m.1960159

 



There's also likely a lot of unpublished purchases prior to Terrahash's.

http://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

I believe that is Avalons Address right?

Count the purchases before May 16th.....
legendary
Activity: 2198
Merit: 1000
August 18, 2013, 11:14:41 PM
Doing a little research regarding the supposed 130k chips being shipped. Best i can tell from what i have found and read thus far, it appears there is a chance Terrahash could receive both of their first batches ordered on may 10th and 16th (20,000 chips?) in this shipment according to yifu's post. (which btw, he did log in today so he is still alive lol)

Terrahash quote: we ordered on May 10 and 16. In that case, our batch 2 orders will start shipping at most 2 weeks after the batch 1.

Ahead of TH is:
zephir with (6) April orders = 60,000
steamboat a may 1st and may11th orders = 20,000
SebastianJu a may 11th order = 10,000
EDIT UPDATE: ragingazn628' april 27th order =10,000
__________
Total 100,000
Balance 30,000?


that accounts for 100,000 unreceived chips ordered in group buys,,at least from the source below. Im sure there may be others. Feel free to update this and double check Smiley Just killing time on a sunday afternoon....

https://bitcointalksearch.org/topic/m.2959430


https://bitcointalksearch.org/topic/m.1960159

 



There's also likely a lot of unpublished purchases prior to Terrahash's.

http://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

I believe that is Avalons Address right?

Count the purchases before May 16th.....
I believe thats it,,,but some of those purchase amounts seem odd?...some huge ones, I guess that anything over 10,000 chips could be any BTC amount then.....someone withdrew 10,000 BTC! lol,,,k, not sure what all those are? but have you seen anyone outside our threads thats have ordered and not received?,,,I guess all those unknown looking orders, are the ones who have the first run of chips we thought we going to be ours,,,,that hong kong shipment for example! stayed there ...lol
legendary
Activity: 2198
Merit: 1000
August 18, 2013, 05:08:46 PM
Doing a little research regarding the supposed 130k chips being shipped. Best i can tell from what i have found and read thus far, it appears there is a chance Terrahash could receive both of their first batches ordered on may 10th and 16th (20,000 chips?) in this shipment according to yifu's post. (which btw, he did log in today so he is still alive lol)

Terrahash quote: we ordered on May 10 and 16. In that case, our batch 2 orders will start shipping at most 2 weeks after the batch 1.

Ahead of TH is:
zephir with (6) April orders = 60,000
steamboat a may 1st and may11th orders = 20,000
SebastianJu a may 11th order = 10,000
EDIT UPDATE: ragingazn628' april 27th order =10,000
__________
Total 100,000
Balance 30,000?


that accounts for 100,000 unreceived chips ordered in group buys,,at least from the source below. Im sure there may be others. Feel free to update this and double check Smiley Just killing time on a sunday afternoon....

https://bitcointalksearch.org/topic/m.2959430

https://bitcointalksearch.org/topic/m.1960159

 

sr. member
Activity: 389
Merit: 250
August 18, 2013, 01:20:16 PM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

FUKT,
Your orders were cancelled the first week after June 18th because of non-payment. As far as I can recall, you were trying to sell your positions in the order queue for a decent price. No one bought them, and TH cancelled your order numbers since no payment had been made. Did you have other orders that weren't listed on Cryptoin's database? If not, I don't think its fair to newer people here to make it sound like you have just decided to cancel 30k of your orders. Those orders never took place because there was no payment made.


According to this spread sheet list he cancelled long ago.

https://docs.google.com/spreadsheet/ccc?key=0AiyRS_8Y_814dGM0cU5KdFJTVlpWeG9LSDJKYnNmMkE#gid=5

So he either.

Changed his mind about a refund and is now changing back to refund.

Never paid.   Huh

He can't get a refund because he paid with another method besides PayPal CC.  Bitcoin would be the worst.

 
hero member
Activity: 742
Merit: 500
August 18, 2013, 11:32:32 AM
I'm still not convinced that Terrahash purchases are a sure loser assuming they ship in the next four weeks so folks need to stop freaking out and put things in perspective.

For example, if you bought a K64, and overclock each chip to 350 MHz, you're looking at ~$40 / GHs. For comparison purposes, I don't see anything that can be ordered right now and will ship in September for that price.

KncMiner purchasers can expect an optimistic October delivery. BitFury purchasers are also looking at an October delivery. AsicMiner products are still priced at around $100 / GHs. Who knows when CoinTerra and Hashfast will deliver. New BFL orders are looking at a 2014 delivery date... :-)

It's very unfortunate, but with the exception of AsicMiner and they more than make up for it with the price they charge, almost all ASIC pre-orders are delivered late.
 
I assume that Terrahash also has some leeway to ease the late delivery and stop mass refund requests by either offering buyers more a higher hashrate than they purchased, a discount on future orders, or offering free overnight shipping.

Terrahash can build 156 K64s out of a 10k chip order, which will bring in at over $140k not counting folks who also purchased complete miners with cases (those should have higher margins). So, we can assume that Terrahash spent less than half of what they brought in on Avalon chips, so they certainly have room to sweeten the deal a bit for the delivery delay...

Bear in mind they also have the cost of overheads growing day, by day, whilst they wait needlessly. Not huge in the scheme of things, but significant enough to take into account.

Good point, and also bear in mind that KncMiner, HashFast, and CoinTerra have not even demonstrated a hashing Asic chip yet, so keep that in mind when looking at their promised delivery dates...
hero member
Activity: 532
Merit: 500
August 18, 2013, 10:37:51 AM
I'm still not convinced that Terrahash purchases are a sure loser assuming they ship in the next four weeks so folks need to stop freaking out and put things in perspective.

For example, if you bought a K64, and overclock each chip to 350 MHz, you're looking at ~$40 / GHs. For comparison purposes, I don't see anything that can be ordered right now and will ship in September for that price.

KncMiner purchasers can expect an optimistic October delivery. BitFury purchasers are also looking at an October delivery. AsicMiner products are still priced at around $100 / GHs. Who knows when CoinTerra and Hashfast will deliver. New BFL orders are looking at a 2014 delivery date... :-)

It's very unfortunate, but with the exception of AsicMiner and they more than make up for it with the price they charge, almost all ASIC pre-orders are delivered late.
 
I assume that Terrahash also has some leeway to ease the late delivery and stop mass refund requests by either offering buyers more a higher hashrate than they purchased, a discount on future orders, or offering free overnight shipping.

Terrahash can build 156 K64s out of a 10k chip order, which will bring in at over $140k not counting folks who also purchased complete miners with cases (those should have higher margins). So, we can assume that Terrahash spent less than half of what they brought in on Avalon chips, so they certainly have room to sweeten the deal a bit for the delivery delay...

Bear in mind they also have the cost of overheads growing day, by day, whilst they wait needlessly. Not huge in the scheme of things, but significant enough to take into account.
hero member
Activity: 742
Merit: 500
August 18, 2013, 10:29:55 AM
I'm still not convinced that Terrahash purchases are a sure loser assuming they ship in the next four weeks so folks need to stop freaking out and put things in perspective.

For example, if you bought a K64, and overclock each chip to 350 MHz, you're looking at ~$40 / GHs. For comparison purposes, I don't see anything that can be ordered right now and will ship in September for that price.

KncMiner purchasers can expect an optimistic October delivery. BitFury purchasers are also looking at an October delivery. AsicMiner products are still priced at around $100 / GHs. Who knows when CoinTerra and Hashfast will deliver. New BFL orders are looking at a 2014 delivery date... :-)

It's very unfortunate, but with the exception of AsicMiner and they more than make up for it with the price they charge, almost all ASIC pre-orders are delivered late.
 
I assume that Terrahash also has some leeway to ease the late delivery and stop mass refund requests by either offering buyers more a higher hashrate than they purchased, a discount on future orders, or offering free overnight shipping.

Terrahash can build 156 K64s out of a 10k chip order, which will bring in at over $140k not counting folks who also purchased complete miners with cases (those should have higher margins). So, we can assume that Terrahash spent less than half of what they brought in on Avalon chips, so they certainly have room to sweeten the deal a bit for the delivery delay...
hero member
Activity: 532
Merit: 500
August 18, 2013, 09:30:32 AM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?

Who is at fault makes little difference.  Yes, TH has been screwed, and by extension we as customers are being screwed.  What if the chips don't arrive til October?  Should we all just allow ourselves to be screwed too, because it's not TH's fault?  Nobody here wants to see TH ruined, but nobody here wants to lose out on a delayed product either.

I am extremely disappointed at this point.  Our promised delivery date has passed, difficulty is soaring, and if the miners don't arrive in customer hands in less than a month we may never see them break even.  Even then, it is looking pretty bad....

I really do feel TH's pain here, because it truly is not their fault.  However, I am a customer, not an investor... and we are passed the promised delivery date.  Still, for right now I am (perhaps foolishly) optimistic.  It's a tough call, but BG raises a good point.  TH will likely mine with the hardware (since they paid less, they can still ROI where we can't) or sell them on ebay where suckers are still bidding up jalapenos to double - triple their original price.
It's the "urge everyone to do the same" that I think is uncalled for.  If you want to cancel then fine, go ahead and cancel.  No need to urge everyone else to do it, (not that they likely would).

Agreed.

Really, agreed? Wow that really adds to the dialogue, if this were a movie script I would edit you out (please return to KNC shill thread at once) . I urge everyone to do the same since the products they will (maybe) receive are now defunct,.

Don't be a cock. If I was a shill, why would I be here? Oh wait, i'm not, your flippant little comment stems from the fact I disagree with your poorly thought out rant. If I speak in, or out, of a KnC thread to some insignificant nobodies I'm a shill as, and when, they are resentful enough, and selectively see fit.

I've always supported Terrahash as they accepted Paypal, and thus accountability, giving miners adequate protection and a fair deal risk wise, for having the inconvenience of having their funds tied up. It's precisely why you were entitled to a refund, moron. As such crying for a stamped on refunds, it's clearly an irresponsible, and very immature thing to do.

It makes no difference to your own choice, you just want to see individuals who chose to support the community and DIY efforts suffer, and Terrahash's founders bankrupt, because why? The main supplier who you all put upmost faith in, Bitsyncom, completely unpredictably f**ked you and the community over for their own gain.

Bitsyncom are now claiming to ship. Some may want to wait it out and it's their choice. But grow a pair and stop blaming Terrahash, or accusing me of being a shill when your frustrated little mind cannot assume the responsibility for making it's own choice of freewill...
sr. member
Activity: 378
Merit: 250
August 18, 2013, 08:02:19 AM
Terrahash, please give us an update on the following items. It has been a week since you told us where you stood on the below matters.

Production Readiness

1. PSUs (Pending, Lead time unverified but off the shelf item 3 Days ETA from order. Total inventory investment negligible but Terrahash has not committed to purchase)
2. Cases (Pending, Lead time unverified, NOT off the shelf. DX Mini design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
3. Heat Sinks (Pending, Lead time unverified,  NOT off the shelf. Design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
4. PCB Boards (Pending, Lead time unverified. Not off the shelf. Total inventory investment  negligible but Terrahash has not committed to purchase)
5. Klondike 16 Hash rate still not reaching 4.5Ghash (despite sitting on hundreds of "sample" chips from Avalon-- so lack of chips to test is not an issue-- Is there a development issue we need to find help for you?)

One sample batch of 16 chips (mounted on a k16 board) and 2 sample batches of 32 chips (literally JUST received) does not constitute "hundreds" of chips kooks.
It's not hundreds but it's enough to fully populate another K16 so that the new PCB can be tested .
Seems like it would be a good idea to test the revised board before TH say everything is ready and were just waiting for chips.
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
August 18, 2013, 06:47:27 AM
Terrahash, please give us an update on the following items. It has been a week since you told us where you stood on the below matters.

Production Readiness

1. PSUs (Pending, Lead time unverified but off the shelf item 3 Days ETA from order. Total inventory investment negligible but Terrahash has not committed to purchase)
2. Cases (Pending, Lead time unverified, NOT off the shelf. DX Mini design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
3. Heat Sinks (Pending, Lead time unverified,  NOT off the shelf. Design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
4. PCB Boards (Pending, Lead time unverified. Not off the shelf. Total inventory investment  negligible but Terrahash has not committed to purchase)
5. Klondike 16 Hash rate still not reaching 4.5Ghash (despite sitting on hundreds of "sample" chips from Avalon-- so lack of chips to test is not an issue-- Is there a development issue we need to find help for you?)

One sample batch of 16 chips (mounted on a k16 board) and 2 sample batches of 32 chips (literally JUST received) does not constitute "hundreds" of chips kooks.
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
August 18, 2013, 06:44:41 AM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

FUKT,
Your orders were cancelled the first week after June 18th because of non-payment. As far as I can recall, you were trying to sell your positions in the order queue for a decent price. No one bought them, and TH cancelled your order numbers since no payment had been made. Did you have other orders that weren't listed on Cryptoin's database? If not, I don't think its fair to newer people here to make it sound like you have just decided to cancel 30k of your orders. Those orders never took place because there was no payment made.
sr. member
Activity: 266
Merit: 250
August 17, 2013, 10:04:31 PM
Yeah shoot us an update on this ever growing worm hole please.  It would be nice to hear some updates instead of silence. 2nd I think there was a date of AUg 17th--  DOn't quote me on that I'm trying to find the thread.
member
Activity: 98
Merit: 10
August 17, 2013, 09:40:37 PM
Terrahash, please give us an update on the following items. It has been a week since you told us where you stood on the below matters.

Production Readiness

1. PSUs (Pending, Lead time unverified but off the shelf item 3 Days ETA from order. Total inventory investment negligible but Terrahash has not committed to purchase)
2. Cases (Pending, Lead time unverified, NOT off the shelf. DX Mini design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
3. Heat Sinks (Pending, Lead time unverified,  NOT off the shelf. Design not complete. Total inventory investment  negligible but Terrahash has not committed to purchase)
4. PCB Boards (Pending, Lead time unverified. Not off the shelf. Total inventory investment  negligible but Terrahash has not committed to purchase)
5. Klondike 16 Hash rate still not reaching 4.5Ghash (despite sitting on hundreds of "sample" chips from Avalon-- so lack of chips to test is not an issue-- Is there a development issue we need to find help for you?)
sr. member
Activity: 446
Merit: 250
August 17, 2013, 05:39:03 PM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?

Who is at fault makes little difference.  Yes, TH has been screwed, and by extension we as customers are being screwed.  What if the chips don't arrive til October?  Should we all just allow ourselves to be screwed too, because it's not TH's fault?  Nobody here wants to see TH ruined, but nobody here wants to lose out on a delayed product either.

I am extremely disappointed at this point.  Our promised delivery date has passed, difficulty is soaring, and if the miners don't arrive in customer hands in less than a month we may never see them break even.  Even then, it is looking pretty bad....

I really do feel TH's pain here, because it truly is not their fault.  However, I am a customer, not an investor... and we are passed the promised delivery date.  Still, for right now I am (perhaps foolishly) optimistic.  It's a tough call, but BG raises a good point.  TH will likely mine with the hardware (since they paid less, they can still ROI where we can't) or sell them on ebay where suckers are still bidding up jalapenos to double - triple their original price.
It's the "urge everyone to do the same" that I think is uncalled for.  If you want to cancel then fine, go ahead and cancel.  No need to urge everyone else to do it, (not that they likely would).

Agreed.

Really, agreed? Wow that really adds to the dialogue, if this were a movie script I would edit you out (please return to KNC shill thread at once) . I urge everyone to do the same since the products they will (maybe) receive are now defunct,.
hero member
Activity: 532
Merit: 500
August 17, 2013, 01:10:33 PM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?

Who is at fault makes little difference.  Yes, TH has been screwed, and by extension we as customers are being screwed.  What if the chips don't arrive til October?  Should we all just allow ourselves to be screwed too, because it's not TH's fault?  Nobody here wants to see TH ruined, but nobody here wants to lose out on a delayed product either.

I am extremely disappointed at this point.  Our promised delivery date has passed, difficulty is soaring, and if the miners don't arrive in customer hands in less than a month we may never see them break even.  Even then, it is looking pretty bad....

I really do feel TH's pain here, because it truly is not their fault.  However, I am a customer, not an investor... and we are passed the promised delivery date.  Still, for right now I am (perhaps foolishly) optimistic.  It's a tough call, but BG raises a good point.  TH will likely mine with the hardware (since they paid less, they can still ROI where we can't) or sell them on ebay where suckers are still bidding up jalapenos to double - triple their original price.
It's the "urge everyone to do the same" that I think is uncalled for.  If you want to cancel then fine, go ahead and cancel.  No need to urge everyone else to do it, (not that they likely would).

Agreed.
sr. member
Activity: 672
Merit: 250
Buy, sell and store real cryptocurrencies
August 17, 2013, 01:09:30 PM
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.

Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?

Who is at fault makes little difference.  Yes, TH has been screwed, and by extension we as customers are being screwed.  What if the chips don't arrive til October?  Should we all just allow ourselves to be screwed too, because it's not TH's fault?  Nobody here wants to see TH ruined, but nobody here wants to lose out on a delayed product either.

I am extremely disappointed at this point.  Our promised delivery date has passed, difficulty is soaring, and if the miners don't arrive in customer hands in less than a month we may never see them break even.  Even then, it is looking pretty bad....

I really do feel TH's pain here, because it truly is not their fault.  However, I am a customer, not an investor... and we are passed the promised delivery date.  Still, for right now I am (perhaps foolishly) optimistic.  It's a tough call, but BG raises a good point.  TH will likely mine with the hardware (since they paid less, they can still ROI where we can't) or sell them on ebay where suckers are still bidding up jalapenos to double - triple their original price.
It's the "urge everyone to do the same" that I think is uncalled for.  If you want to cancel then fine, go ahead and cancel.  No need to urge everyone else to do it, (not that they likely would).
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