Off-Topic - page 217. | Bitcointalksearch.org

atomicchaos

hero member

Activity: 630

Merit: 500

Quote from: aznewsh on June 19, 2013, 01:59:05 PM

Quote from: ?? on ??

Please add Order # 452 as mine - DX-Large 10 Module (180 GH) w/ PSU - Hosted

This was paid today by Same Day Wire Transfer (It will likely be marked as paid either today or tomorrow by Terrahash which is within the 2-3 Days needed to maintain Queue Spot)

I will be putting this order up for Auction once it has been marked as paid.

I'm fairly confident this order will be within the first batch (10,000 Chips).

If anyone is interested you can PM me but realise that there WILL be an auction that you will have to post on.

I hope you are left holding the baby - selfish behavior just pushes others back in the queue needlessly - TerraHash please cancel all such orders that you become aware of!

I simply do not understand this reaction. If he wants to resell his order, how exactly does it impact you?? He wants to make a buck like we all do, and if he thinks he will make more by selling the equipment, just like all of the sellers of this gear, then more power to him. Frankly, the majority of the people reacting like this are actually the selfish ones, caring that their precious spot in the queue will be disrupted and trying to move up by accusing others of doing something that they don't approve of.

Wow people, look in the mirror before you judge others, will you? The early bird gets the worm, and it's about 10pm in the ASIC world, so if he wants to maximize his ROI by reselling, who the F cares? We all had the same playbook in front of us, what plays we choose to run is our business. Next time be quicker if you are concerned what others in front of you in the queue are doing.

aznewsh

newbie

Activity: 49

Merit: 0

Quote from: ?? on ??

Please add Order # 452 as mine - DX-Large 10 Module (180 GH) w/ PSU - Hosted

This was paid today by Same Day Wire Transfer (It will likely be marked as paid either today or tomorrow by Terrahash which is within the 2-3 Days needed to maintain Queue Spot)

I will be putting this order up for Auction once it has been marked as paid.

I'm fairly confident this order will be within the first batch (10,000 Chips).

If anyone is interested you can PM me but realise that there WILL be an auction that you will have to post on.

I hope you are left holding the baby - selfish behavior just pushes others back in the queue needlessly - TerraHash please cancel all such orders that you become aware of!

chanberg

hero member

Activity: 672

Merit: 500

Quote from: jdape on June 19, 2013, 01:54:40 PM

This is my estimate on what order numbers will ship in the first batch

First, assume TerraHash has 20,000 chips to allocate to the pre-order made on June 18th. They might have other large customers who have undisclosed orders taking up chips. Second, this is my *guess* and makes a couple assumptions.

I've been updating the orders in the TerraHash Order Queue and Info thread pretty often and the average number of chips per order has stabilized around 270.

The number of orders that would ship in a batch of 20,000 chips is stable at 75.

Calculating the actual order which will ship out of order 430 through 1000:
570 order numbers.
Estimate 1 in 3 are actual order numbers due to WooCommerce RNG leaves 190 'real' orders.
Of those, 1 in 3 are incomplete. This leaves 125 paid orders with a number under 1000.

75 available slots out of 125 good orders = 60% of first day paid orders will be in first batch.
570 * .60 = 342. 342 + 430 = highest first order number (order 772).

Conclusion: Orders 432 through 772 will ship first batch.

Of course, Terrahash will tell us tomorrow

Wow missed batch 1 by 6 numbers!~! But definitely will see tomorrow

jdape

sr. member

Activity: 269

Merit: 250

This is my estimate on what order numbers will ship in the first batch
It's just for fun.

First, assume TerraHash has 20,000 chips to allocate to the pre-order made on June 18th. They might have other large customers who have undisclosed orders taking up chips. Second, this is my *guess* and makes a couple assumptions.

I've been updating the orders in the TerraHash Order Queue and Info thread pretty often and the average number of chips per order has stabilized around 270.

The number of orders that would ship in a batch of 20,000 chips is stable at 75.

Calculating the actual orders which will ship, out of orders 430 through 1000:
570 order numbers total.
Estimating 1 in 3 are actual order numbers due to WooCommerce RNG leaves 190 'real' orders.
Of those, 1 in 3 are incomplete. This leaves 125 'paid' orders with a number under 1000.

75 possible orders out of 125 'paid' orders = 60% of first day paid orders will be in first batch.
570 * .60 = 342. 342 + 430 = highest first order number (order 772).

Conclusion: Orders 432 through about ~772 will ship first batch.

Of course, Terrahash will tell us tomorrow

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

Quote from: ?? on ??

Quote from: TheSwede75 on June 19, 2013, 10:46:29 AM

Quote from: ?? on ??

All the Bitcoin/PayPal orders that have not been paid fully will be cancelled today. We have been misquoted, that we will wait 6-7 days. We will wait for 2-3 days for the orders marked as "Bank Transfers", for the transfers to come in.

We still need to know where 'in line' we are. I ordered within the first 20 min and made payment at the same time. If someone that just threw in 20 DX-Large and made a request for bank transfer so that he can sell his 'early orders' eats up all the first 10k avalon chips ahead of me I am certainly not interested in keeping my order. Sorry, but I think a lot of people feel the same way.

The largest order we have is 2 DX Larges.

We will send an email day after tomorrow to everyone know where they stand.

terrahash, if there's something the bitcointalk community can do to help you guys, please let us know... we all want this to go as smooth as possible.

atomicchaos

hero member

Activity: 630

Merit: 500

How about they make the assumptions that all wire transfer orders will be paid for, and any Bitcoin transfers are paid, then tell us through what order number will make batch 1. I'd rather see worst case scenario now, then wait until the bank transfers clear. Then some will be happily surprised if some go unpaid.

Also, now that we know the main reason for pre-orders was to refund the money of the original backer, this paypal freeze is going to cause a bit of a crunch.

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

reply from terrahashTerraHash Inc

10:23 AM (54 minutes ago)

to me
We can't be sure right now, as we are still waiting for the wire transfers to come in (which can take up to 3 business days, dependingupon where they originated). Once all the wires come in, we will have a better estimate as to when we can ship your order.

this is in reply to my 256 chips #507

joeventura

hero member

Activity: 854

Merit: 500

Quote from: Cryptoin on June 19, 2013, 10:32:31 AM

So I put together a spreadsheet which predicts whether an order number will fall in the first 10,000, 20,000 or beyond. I've linked to it below.

Currently the cutoff for the first 10,000 is between order 465 and 475. The cutoff for the first 20,000 is between order 515 and 540.

Terrahash Order Tracking

Sorry my chip order on Order 461 is 32 chips and its paid

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: BitCointransfers on June 19, 2013, 12:46:49 PM

Quote from: jdape on June 19, 2013, 10:10:18 AM

Oh, now it makes even more sense to me...

Quote

sending $79,109.13 up front on 14th of May

Cloudhashing sent TH just enough money to purchase another 10,000 Avalon chips on May 14th, right when TH says they would have made a second avalon order.

Now comes June and Cloudhashing wants a refund, but TH has no money. The only way to raise money for a refund is to accept pre-orders.

WOW, so yesterdays buyers were not funding a chip buy but a REFUND!!!!

I gotta say, this was a bad PR move for Cloudhashing...http://www.coindesk.com/terrahash-opens-asic-mining-preorders-loses-business/

BitCointransfers

member

Activity: 104

Merit: 35

Quote from: jdape on June 19, 2013, 10:10:18 AM

Oh, now it makes even more sense to me...

Quote

sending $79,109.13 up front on 14th of May

Cloudhashing sent TH just enough money to purchase another 10,000 Avalon chips on May 14th, right when TH says they would have made a second avalon order.

Now comes June and Cloudhashing wants a refund, but TH has no money. The only way to raise money for a refund is to accept pre-orders.

WOW, so yesterdays buyers were not funding a chip buy, they were funding a REFUND!, hence the decision to open orders so early in the game...

nikycoin

newbie

Activity: 52

Merit: 0

Quote from: bebfoo on June 19, 2013, 12:26:15 PM

Quote from: ?? on ??

We will be sending an email tomorrow or day after to let everyone know when they can expect their orders to be shipped. You can then decide to keep the order or ask for a refund.

this is the best news I've read today!

Crossing my fingers my order is in the first batch...

+1

bebfoo

member

Activity: 60

Merit: 10

Quote from: ?? on ??

We will be sending an email tomorrow or day after to let everyone know when they can expect their orders to be shipped. You can then decide to keep the order or ask for a refund.

this is the best news I've read today!

Crossing my fingers my order is in the first batch...

cad_cdn

hero member

Activity: 560

Merit: 500

+1

thx for this

Quote from: Cryptoin on June 19, 2013, 11:48:51 AM

Quote from: laughingbear on June 19, 2013, 11:44:01 AM

Cryptoin, you are stressing me out.

Just trying to keep people out of the dark. Anyone is more than welcome to review the formulas/calculations in the sheet and challenge them but I am pretty confident they are providing accurate estimates.

atomicchaos

hero member

Activity: 630

Merit: 500

Quote from: TheSwede75 on June 19, 2013, 10:46:29 AM

Quote from: ?? on ??

All the Bitcoin/PayPal orders that have not been paid fully will be cancelled today. We have been misquoted, that we will wait 6-7 days. We will wait for 2-3 days for the orders marked as "Bank Transfers", for the transfers to come in.

We still need to know where 'in line' we are. I ordered within the first 20 min and made payment at the same time. If someone that just threw in 20 DX-Large and made a request for bank transfer so that he can sell his 'early orders' eats up all the first 10k avalon chips ahead of me I am certainly not interested in keeping my order. Sorry, but I think a lot of people feel the same way.

Swede- While I completely respect you and your above statement and enjoy our chats in the trollbox, I find it a bit odd that you take such a strong stance on that, while allowing people that did not pre-register by the cutoff date to purchase units through you. Again, I agree with your statement, but question the hostility you have, as many would see what you did as allowing people to cut the line for personal gain.

I know we're all in this for ourselves and our personal gain, but it's nice to see all the cards when someone takes a stance on an issue. I have not paid for any of the additional orders in my queue, as I have lost some confidence in the offer. I'll let my initial purchase stand for the 9 blades, until I see how this unfolds over the next 30 days.

Reference: https://bitcointalksearch.org/topic/pass-through-purchase-terrahash-asic-18-ghs-btc105-ordering-now-open-234516

jdape

sr. member

Activity: 269

Merit: 250

Cryption - your assumptions are based on sequential order of invoices (right?), which is not the case.

Everyone else - much higher order numbers are going to be in the first batches. don't cancel your orders

Cryptoin

full member

Activity: 155

Merit: 100

Quote from: laughingbear on June 19, 2013, 11:44:01 AM

Cryptoin, you are stressing me out.

Just trying to keep people out of the dark. Anyone is more than welcome to review the formulas/calculations in the sheet and challenge them but I am pretty confident they are providing accurate estimates.

atomicchaos

hero member

Activity: 630

Merit: 500

Quote from: jdape on June 19, 2013, 10:10:18 AM

Oh, now it makes even more sense to me...

Quote

sending $79,109.13 up front on 14th of May

Cloudhashing sent TH just enough money to purchase another 10,000 Avalon chips on May 14th, right when TH says they would have made a second avalon order.

Now comes June and Cloudhashing wants a refund, but TH has no money. The only way to raise money for a refund is to accept pre-orders.

Yep, you called it...

laughingbear

hero member

Activity: 622

Merit: 500

www.cryptobetfair.com

Cryptoin, you are stressing me out.

Cryptoin

full member

Activity: 155

Merit: 100

Based on this latest update in regards to cancelling non bank wire unpaid orders the best case is still the "likley paid chips" column which assumes that all unpaid orders will be cancelled.

In other words the current best case scenario at the moment is orders under 480 will be in the first 10k and orders under 548 will be in the first 20k

newguy05

hero member

Activity: 1316

Merit: 503

Someone is sitting in the shade today...

Quote from: ?? on ??

We will be sending an email tomorrow or day after to let everyone know when they can expect their orders to be shipped. You can then decide to keep the order or ask for a refund.

That's fair, will be waiting for the email, hopefully it will contain details about if my order is in the first 10k chip. I think everyone should just chill until then no point to speculate needlessly. The order queue issue terrahash already addressed whether we like the solution or not no point discussing further, personally i think it's fine for them to cancel all orders so far after 24 hours if not paid.

My only question which i think is critical to receiving the hardware is why the asic chip order still show a status of processing as of yesterday, it's a fact orders placed after terrahash's already have their order status changed to sample chip shipped/ordered etc..

All in all it's a highly speculative bet, terrahash appears to be legit but none of it matters if asic is playing games and we know for a fact they are. Just hope the few batch they eventually do ship will have terrahash in it. Otherwise all this is for nothing.

Topic: Off-Topic - page 217. (Read 384417 times)