Topic: The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 2. (Read 36556 times)

They mean: "If we sell out, we will move forward with our hardware development.  If people won't pay our price, we will set up a mine like ASICminer."  So the community gets to vote with bitcoins.

When they "leave it up to the community" is there a survey or a discussion forum somewhere?

Batch #1 shipping with a reference of USD 299 for a unit and USD 80 shipping

This of course caused problems for a few receivers because it does not match up with our initial payment (thus caused incorrect IM4 documents). Every day the units are blocked at customs to clear this up, is causing more loss in generated BTC than the correct tax...

While I can imagine some people like to try pay less in taxes, for those of us who want correct paperwork so we can reclaim the taxes, it's an administrative nightmare. Please declare the real value...

it used to be 300$+shipping

What value is declared on the unit?

Ok we are safe on BFL keep screwing up, they have a perfect track record for that ;-)


The USD / BTC price is irrelevant. If you are here to make a profit in USD or EUR, then just buy/sell/trade the BTC and or hold them. Mining is about generating new BTC

I have BTC 120 ready for a new order and I want to get a machine in return for those BTC 120 that:

0. will break even (thus generate BTC 120)
1. after break even continue to generate new BTC, thus making my initial BTC 120 work for me

The only place where the EUR / USD price comes into question is how will I pay for the electrical bill (for those who don't run on renewables....)


These are only factors that will delay my initial period to break even. The more competition, the longer it will take, that is true. But at one point or another, the machine will break even and it will increase the initial amount of BTC you ponied up.

Can you live with a break even period of 3 months? 6 months? If I would get those kinds of returns in real life, I'd be ectatic!
Sure, it will not be 14 days...


I think everybody should first of all make clear to themselves what they are trying to accomplish... are you here for a quick buck? Perhaps a slow buck? Or to increase the amount of BTC you own?

Different choices should lead to different decisions for buying or not batch #3

Hmmm... I am thinking about jumping on batch 3 order, but I am wondering about the EU customs and taxation...  at 20% tax on imports... which value will Avalon mark the device? 7000k USD? 1500 USD range as previous batches?
This might make B3 avalon additional 20% more expensive... :|

75BTC 3 modules, not sure on the rest.. but it may be +2 for shipping and + 2 for PSu

So is there a limit on quantity this time around?

Also, I think I saw the price will be 75 btc. Will that include 4 modules, or is there a different price for those?

Will that include PSU and shipping?

Batch #3 won't be expensive if all these conditions are met:

1) Shipping delay less than 2 weeks
2) BFL deliver no hashing power or meaningless amount of hashing power until June.
3) Avalon won't deploy Batch #4 themselves at 500T size.
4) Bitcoin won't enter into another bear market in next 3 month after a 35x rally from 2 USD bottom.
5) Bitfury delayed the 100T at June.
6) Helviticoin won't deliver 1000T until September.
7) ASICMINER don't deploy their next-gen chips until September.

So I decide to order Batch #3 with lots of other people to limit my exposure to such kind of uncertainty, though the 7 conditions are not impossible. The relationship between Batch #1 and #2 miners and Avalon are win-win, but less likely for the Batch #3 users.

true, sorry, misunderstood the sentence in the email.

Remember how many people complained that they opened the 2nd batch earlier than expected so they could pay bills to pre-order parts to complete batch #1?

Now it's a gift?

Let's all take note of those complaining that batch #3 is too expensive and check back in 3 months ;-)

Honestly l am not happy about the price of batch 3 avalon but did you actually read the newsletter?
It said they would either  farm for a month OR raise the price of the units and leave it up to the community.
Realistically they could mine new each unit for 1 week  and call it ' testing'  then ship selling them at $2000 usd and be in just as good of a cash position.*I wish they would do that*

And nobody is bitching about them delaying and building a mining farm for themselves.... wow...

It's opening in 4 hours and 45 minutes (8:30am est)

i hope we will have at least a day to prepare to order #3

yeah in a earlier news letter we explained why we took the risk of keeping changing eCommerce platform and payment processors each round because this is such a rare chance to stress test their systems simulating some real transaction levels for that brief moment. Since this was also such a high demand product, we probably won't lose customers because of it.

We made the call and some customers suffered.

Think about how many orders a credit card processor process a second? I defend our decision.

I don't know if you posted this elsewhere, but I want to thank you for owning that.

Yeah it was a mess. I've still never seen an order # associated with my feb 3 order, just a walletbit receipt, with no confirmation of shipping address.

OK, thank you for that explanation.  I just felt jilted as I had tried ordering in Batch 1, 2.1 and 2.2 and couldn't get an order.  Well I did get an order in 2.2 but it shows as canceled - for some reason Walletbit closed out the order with over 9 min left at checkout.  I opened a ticket and never got an answer