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Topic: YIFU IS AUCTIONNING? - page 10. (Read 22106 times)

sr. member
Activity: 406
Merit: 250
October 16, 2013, 12:11:59 PM
i won't but from them

Wow 60 G/H for 2.2 BTC shipped. I kind of feeling borked for lay 21 BTC on a 105 G/H TAV Redhash unit.

I'll just wait and see if Yifu actually delivers the units then I'll shed a tear or two.
sr. member
Activity: 472
Merit: 250
October 16, 2013, 12:10:01 PM
What loss? Is everyone forgetting Yifu has been mining with these boxes since Winter 2013?

I dunno.  I got a Batch 3 box, and saw right away the Eligius address associated with it...  When I did the math though the "earned" BTC/hashrate was equal to an average of 2-3 days of pre-mining per box, and my B3 was clean as a whistle, so while its a valid complaint I think its overblown.  Especially compared to the other Avalon antics...
sr. member
Activity: 308
Merit: 250
October 16, 2013, 12:08:11 PM
i won't but from them
legendary
Activity: 1274
Merit: 1004
October 16, 2013, 12:06:46 PM
Quote
Shipping is included. [email protected] for product questions.

Regards,
Derek
Tradehill Prime
 
sr. member
Activity: 406
Merit: 250
October 16, 2013, 11:52:43 AM
Wonder if thats the first bitcoin asic vendor ever to be forced to sell at a loss.

What loss? Is everyone forgetting Yifu has been mining with these boxes since Winter 2013?

The BTC he is getting after auction costs is just the cherry on the sundae.
legendary
Activity: 1064
Merit: 1000
October 16, 2013, 11:45:51 AM
you are also neglecting the fact that they managed to sell some modules (80chips) way beyond 2btc
legendary
Activity: 980
Merit: 1040
October 16, 2013, 11:44:40 AM
THats pretty extreme IMO. Die size is 4x4 mm.  Using a 200mm wafer that would yield ~1600 chip candidates per wafer.
110nm wafers may be cheap, but I doubt a fully processed wafer goes for less than $1500 and that leaves you virtually no margin for dicing, testing, packaging or even less than perfect yields.
member
Activity: 61
Merit: 10
October 16, 2013, 11:38:38 AM
I know Avalon has burnt a few bridges, but frankly, at ~2.2 BTC, thats a steal. Yes you will need cheap electricity, but if you do, these are possibly the only available miners that stand a real good chance of turning a profit.

Also for the record, these mini's have 160 ASIC's right? 2.2 BTC x $150 / 160 < $2 per asic and you get the case, PCB, PSU; fans etc for free.
Now Im the one who always keeps harping on how cheap asics are to produce, but at that price, he must have made a loss IMO. Wonder if thats the first bitcoin asic vendor ever to be forced to sell at a loss.

The marginal cost of their ASIC chip is likely a good portion less than $1.
full member
Activity: 238
Merit: 100
I run Linux on my abacus.
October 16, 2013, 11:30:51 AM
I know Avalon has burnt a few bridges

Understatement of the year...


... at that price, he must have made a loss IMO...

I might shed a little tear for poor YiFuck.



Nah, I lied.
legendary
Activity: 980
Merit: 1040
October 16, 2013, 11:05:35 AM
I know Avalon has burnt a few bridges, but frankly, at ~2.2 BTC, thats a steal. Yes you will need cheap electricity, but if you do, these are possibly the only available miners that stand a real good chance of turning a profit.

Also for the record, these mini's have 160 ASIC's right? 2.2 BTC x $150 / 160 < $2 per asic and you get the case, PCB, PSU; fans etc for free.
Now Im the one who always keeps harping on how cheap asics are to produce, but at that price, he must have made a loss IMO. Wonder if thats the first bitcoin asic vendor ever to be forced to sell at a loss.
full member
Activity: 238
Merit: 100
I run Linux on my abacus.
October 16, 2013, 10:58:33 AM
Good luck, you'll need it.
sr. member
Activity: 294
Merit: 250
October 16, 2013, 10:56:08 AM
lets see about shipping. i calculate on it being included for sure. as yifu website, all is shipping included. and he mentioned this is his first test. and if its a success he will do more.
he had orders of more than 650 units at times, so for sure, with 500 instock, its a success. Price is ok, not GREAT.. I mean, if they launch an auction on gen 2 within a week or two, maybe we are all sorry here for going all in on the mini's when we could have faster/more efficient gen2's in a few weeks time.
Time will tell. i'm sure here to find out.
sr. member
Activity: 294
Merit: 250
October 16, 2013, 10:52:48 AM
Tradehill has returned my unused BTC back to my account today, I was worried it would of somehow disappeared YiFU style....

i got my extra back also, funds i didnt place inside bids.
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
October 16, 2013, 10:40:08 AM
Now it's up to the avalon guys if they want to try and polish their tarnished reputation by delivering these to the winners in a timely fashion.

Task which is Yifu's stronger side, he is famous for doing exactly that.
hero member
Activity: 575
Merit: 500
October 16, 2013, 08:58:55 AM
Shocked anyone would buy from him.. Good Luck you need it!

To be fair it ended up being a decent price and one of the best if not the best "shipping right now" option. Now it's up to the avalon guys if they want to try and polish their tarnished reputation by delivering these to the winners in a timely fashion.
legendary
Activity: 1036
Merit: 1001
/dev/null
October 16, 2013, 08:19:19 AM
Shocked anyone would buy from him.. Good Luck you need it!

There are always greedy guys which will buy over and over again - like preordering Monarch from BFL.) endless stupidity..
legendary
Activity: 980
Merit: 1040
October 16, 2013, 08:14:26 AM
Damn, those actually are good prices for people with low/zero electricity costs.
legendary
Activity: 2128
Merit: 1119
October 16, 2013, 08:06:14 AM
Shocked anyone would buy from him.. Good Luck you need it!
hero member
Activity: 574
Merit: 500
October 16, 2013, 07:54:23 AM
Let's get them first! LOL...anyone been contacted today? It says emails will be sent within 24 hours and shipment within 48 hours...hmmm  Undecided

youll be lucky if receive this before the next adjustment =P

also all signs of avalon already hashing with gen2 -- protecting the network as they say

Yeah, it does feel kinda like we are making a deal with the devil by buying anything from Yifu after what happened with B3s and the chips.

Anybody keep the shipping details regarding these sales upto date for the community ...I really want to see how well this turns out

If Units are not recieved b y next diff change looking like another 40-50+% spike and all profit from these units will be gone if not recieved by next change  Shocked
legendary
Activity: 1064
Merit: 1000
October 16, 2013, 07:28:58 AM
Let's get them first! LOL...anyone been contacted today? It says emails will be sent within 24 hours and shipment within 48 hours...hmmm  Undecided

youll be lucky if receive this before the next adjustment =P

also all signs of avalon already hashing with gen2 -- protecting the network as they say
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