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Topic: The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 8. (Read 36556 times)

legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012

- not really, the current diff already includes majority of batch #1's hashing power. but I also don't believe diff will only be 10,000,000 but like I said, it should take at least 1 month of ROI, realistically best case 1 month, regular projection of 3 month, which is about diff 30,000,000 which is more reasonable if BFL ships.


Let's assume that this world there will be only Avalon are mining. How many Avalon machines will be there? 300+600+1000+trade-in, that's about 150T hashing power. And the difficulty is already more than 10,000,000.

So the projection of difficulty is irresponsible.


The 10,000,000 represents a one-month ROI.  That doesn't mean you should get this.  Anything under 12 months should be suitable.  People have been swayed by the dark side of the force and now they think they deserve 1 month ROI.  Come one people, I hope someone thinks this is correct?
full member
Activity: 210
Merit: 100
In the announcement it said Batch #3 will go on sale on Friday....does that mean Friday in China? It's 12:30pm Friday in China right now, so I suppose we can expect it any time now.

I guess that means as an American, I'm not sleeping tonight. Cheesy
donator
Activity: 1120
Merit: 1001

- not really, the current diff already includes majority of batch #1's hashing power. but I also don't believe diff will only be 10,000,000 but like I said, it should take at least 1 month of ROI, realistically best case 1 month, regular projection of 3 month, which is about diff 30,000,000 which is more reasonable if BFL ships.


Let's assume that this world there will be only Avalon are mining. How many Avalon machines will be there? 300+600+1000+trade-in, that's about 150T hashing power. And the difficulty is already more than 10,000,000.

So the projection of difficulty is irresponsible.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Avalon's ASICs
Invented BitCoins demise
Technologarchy

When the generation 1 miners purchase the bulk of gen 3, they will be bitcoins' oligarchy.
The beauty of bitcoin is that it is decenteralized.
Avalons price structure for Gen3 doesn't help bitcoin.
In fact it does the opposite, IMO.

I have noticed, any system, no matter how distributed it is from the beginning, it will eventually centralize, and when it died, it will be distributed again, a little bit like chemical reaction -- concentration and dissipation
sr. member
Activity: 322
Merit: 250
Avalon's ASICs
Invented BitCoins demise
Technologarchy

When the generation 1 miners purchase the bulk of gen 3, they will be bitcoins' oligarchy.
The beauty of bitcoin is that it is decenteralized.
Avalons price structure for Gen3 doesn't help bitcoin.
In fact it does the opposite, IMO.
newbie
Activity: 11
Merit: 0
Ooo... Haiku! I can play this game!

With hash rates rising
Everyone is watching the
ASICs that have shipped.

Much envy and greed
Driving all these markets now
Much entertainment.
newbie
Activity: 56
Merit: 0
Avalon ships box
They raise prices by 4 times
Masses starts bitching

Avalon raised price
bitcoiners flip the fuck out
they will still buy it
sr. member
Activity: 294
Merit: 250
Avalon ships box
They raise prices by 4 times
Masses starts bitching
legendary
Activity: 1121
Merit: 1003
thank you for your insightful  site
legendary
Activity: 1512
Merit: 1000
@theshmadz
I propose we continue this thread in Haiku form only



Bitcoins are soaring,

While the bears are all snoring,

Bulls are still roaring!

 Grin
legendary
Activity: 1246
Merit: 1002
If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.

Those Dell computers existed at the time you ordered them.

I was looking at books published in Gàidhlig, and there were several pages printed in the back of the subscribers.  These are the people who paid the printing costs of the book before it was printed.

hero member
Activity: 756
Merit: 522
If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.

Those Dell computers existed at the time you ordered them.
legendary
Activity: 1190
Merit: 1000
I propose we continue this thread in Haiku form only

Bitcoin price crashes
Batch 3 people are saddest
It all starts again.
sr. member
Activity: 367
Merit: 250
anyone know shipment costs (as its not included in main price) ?

2 BTC was mentioned. From experience, shipping an Avalon-sized box weighing in at a couple of kg from China to Europe or the US would cost $100-$150 and take about a week.
newbie
Activity: 56
Merit: 0
The best part of the price hike and the current BTC prices are that batch 1 owners are going to be able to make the number of bitcoins required to buy a batch 3 unit in a matter of days, and will likely dominate batch 3 orders, further centralizing hashing power.
sr. member
Activity: 462
Merit: 250
If you guys want a batch 3, buy BTC now and by the time they open up Batch 3, it will cost you a fuckton more if you cover it with USD at the time. Just my BTC 0.02

lol.... OR

Its more like batch1 owners who have been holding BTC from selling will send them to Zhangzing to sell ......

Coins should be cheaper then
sr. member
Activity: 294
Merit: 250
If you guys want a batch 3, buy BTC now and by the time they open up Batch 3, it will cost you a fuckton more if you cover it with USD at the time. Just my BTC 0.02
full member
Activity: 204
Merit: 100
anyone know shipment costs (as its not included in main price) ?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

Both is the answer, now what is the division of equity?  That is the real question.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.
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