But a failure to deliver on time. Not provide proper information demands refunds. As for Yifu blocking the chips even further at this point is meaningless we need to simply boycott Avalon and make sure we disrupt his Gen2 to Gen4 sales here in this community as much as possible. We have a breach of contract and that must be rectified now SebJu asking for coupons, waiting for him to deliver another 1 to 2 weeks later is not the terms and conditions we agreed to as chip buyers. It was 4 weeks for developer chips and 9 to 10 weeks for the main orders. Avalon failed to deliver. I do not see how politely accepting compromises for such a failure is in anyone's best interest especially the community. We all need to stop being weak and band together and cause Avalon some pain back where it counts Gen2 sales. BOYCOTT until we are all properly compensated. Refunds must be given if asked that is LEGALLY what we are entitled to given the failure to deliver the product. We will be emailing all the interested group buy owners soon to start legal action against Yifu and Avalon.
I hear you but, just think of those (not me) who have invested in the 100K+ USD range on equipment (not even on the ASIC chips) that they will probably have to scrap if they get a refund and no chips. Not to mention the depreciation of the BTC in USD terms (up to 50%).
I seriously don't think a refund is the best option, but if you think it's what's best for you, I hope Avalon will make that an option too.
That is exactly why the groupbuyers and hosting investors should ask for a refund/compensation. Initiate the refund, offer new price when they have stock, and give groupbuyers priority to get back in line.
Or are you suggesting that risking getting the chips when they are worthless, is actually what they want?
If i'd invested 100k in hardware, i'd rather get back something of the additional chip investment..
If they do a refund then, they would redeem themselves and hosting investors can purchase gen 2 chips to put on the boards, since they say that hardware designs wont change (or very little).