Topic: YIFU IS AUCTIONNING? - page 15. (Read 22106 times)
The auction is over, I lost, and now my coins are stuck in limbo. Nice touch!
Claimed they were confiscated in customs,
Source?
After all, it's not like the case of BFL, where one can at least argue that there are no innocent victims; the customers were greedy followers of an illusion of free money and learned the lesson of that.
The failure on the part of Avalon destroyed many in the open source community who expended time and treasure in the belief that the chips would be delivered.
For example, the Klonkike developer, BKKcoins, has completely disappeared. While one might hope that he got a great job out of the effort and left bitcoin behind, I fear that that is not the true outcome.
He asked a specific question and didn't look for a lecture. Whatever someone does with their money is their business, not yours.
The confiscation idea might stem from the chips "being held at customs" and them (Avalon) receiving "real life threats". Therefore, the "confiscation" is more of a theory than backed by supporting evidence. The only thing we know is that 1) Yifu stated chips were held at customs 2) Yifu stated team members were receiving real life threats. Anything else beyond that is a theory (One can even argue that #1 and #2 are lies - it's basically a mess as their answers to the community answer nothing).
I'm absolutely not defending Avalon. I'm just reiterating what was stated. Anything beyond that is a theory that may/may not be true. Also, I'm leaning towards not doing business with Avalon in the future.
Thanks. I remember reading the "held at customs" news that Yifu posted.
Auction OVER!
Tradehill lagged at the end. Almost was unable to re-bid. But got a few for cheap!
Tradehill lagged at the end. Almost was unable to re-bid. But got a few for cheap!
I wonder, where did Yifu get the refund money? I get the feeling they sold those chips (in part) to the highest bidder.
What ever came about with the threats story? Any police reports or the like?
Lawsuits in the works?
What ever came about with the threats story? Any police reports or the like?
Lawsuits in the works?
Claimed they were confiscated in customs,
Source?
After all, it's not like the case of BFL, where one can at least argue that there are no innocent victims; the customers were greedy followers of an illusion of free money and learned the lesson of that.
The failure on the part of Avalon destroyed many in the open source community who expended time and treasure in the belief that the chips would be delivered.
For example, the Klonkike developer, BKKcoins, has completely disappeared. While one might hope that he got a great job out of the effort and left bitcoin behind, I fear that that is not the true outcome.
He asked a specific question and didn't look for a lecture. Whatever someone does with their money is their business, not yours.
The confiscation idea might stem from the chips "being held at customs" and them (Avalon) receiving "real life threats". Therefore, the "confiscation" is more of a theory than backed by supporting evidence. The only thing we know is that 1) Yifu stated chips were held at customs 2) Yifu stated team members were receiving real life threats. Anything else beyond that is a theory (One can even argue that #1 and #2 are lies - it's basically a mess as their answers to the community answer nothing).
I'm absolutely not defending Avalon. I'm just reiterating what was stated. Anything beyond that is a theory that may/may not be true. Also, I'm leaning towards not doing business with Avalon in the future.
Claimed they were confiscated in customs,
Source?
YiFuck himself stated that. Go check his posting history, cba to search through his garbage myself.
I think he actually claimed the chips were held up in customs - not confiscated.
Claimed they were confiscated in customs,
Source?
After all, it's not like the case of BFL, where one can at least argue that there are no innocent victims, and that the customers were greedy followers of an illusion of free money and learned the lesson of that.
The failure on the part of Avalon destroyed many in the open source community who expended time and treasure in the belief that the chips would be delivered.
For example, the Klonkike developer, BKKcoins, has completely disappeared. While one might hope that he got a great job out of the effort and left bitcoin behind, I fear that that is not the true outcome.
Claimed they were confiscated in customs,
Source?
YiFuck himself stated that. Go check his posting history, cba to search through his garbage myself.
He must be all done mining with them... time to sell!
Probably why there was no rush to sell them indeed, any delay and they just mine some more BTC anyway ;P
He must be all done mining with them... time to sell!
Claimed they were confiscated in customs,
Source?
Its got to the point where it is costing him more to store them than it costs to send them around the world which is more than they're worth in purchase price to us.
How sad
How sad
So what happened previously with this YIFU guy? He held back all the chip shipments until they were worthless and then didn't refund the buyers money or offer a discount on Gen II chips? Meanwhile, Avalon developers were stuck with bare PCB's?
Something like that.
Claimed they were confiscated in customs,
didn't refund, didn't ship,
caused terrahash to go out of business caused millions in loses
anyone managed to find out if they come with a psu or not yet?
I'm betting on no PSU.
Does anyone even has seen a proof of the existing units ?
Are there any proofs at all ?
What about the "stuck in customs" things ?
Are there any proofs at all ?
What about the "stuck in customs" things ?
anyone managed to find out if they come with a psu or not yet?
The only place left for Avalon gen 2 is if they sell it at such a bargain that 1-2 month positive ROI is pretty much guaranteed no matter what happens to diff, or just sell them dirt cheap to people who got screwed by their delays as compensation.
I see the latter happening ...
The only place left for Avalon gen 2 is if they sell it at such a bargain that 1-2 month positive ROI is pretty much guaranteed no matter what happens to diff, or just sell them dirt cheap to people who got screwed by their delays as compensation.
Has there been any confirmation that the Gen II chips will be compatible with the original footprint?
Which Gen II chips? I don't believe Yifu is able to produce anything worth buying in the 28nm era. Even if he does accomplish that, nobody will preorder anything from him, ever. He maybe alive and well, but business-wise he is dead.
Here is the spec for the A3255 chip: https://github.com/BitSyncom/avalon-ref/blob/master/SPEC/A3255Q48-130929-V03-EN.pdf
Wow, spec published two weeks ago, announcing the chip with 2.05Ws/GHash power consumption. That is an electricity waster, burning 3x more electricity than the current generation of chips. Now they only have to tape-out and manufacture it while the difficulty skyrockets. Good luck to them finding the suckers to buy these things.
Has there been any confirmation that the Gen II chips will be compatible with the original footprint?
Which Gen II chips? I don't believe Yifu is able to produce anything worth buying in the 28nm era. Even if he does accomplish that, nobody will preorder anything from him, ever. He maybe alive and well, but business-wise he is dead.
Here is the spec for the A3255 chip: https://github.com/BitSyncom/avalon-ref/blob/master/SPEC/A3255Q48-130929-V03-EN.pdf
if they are coming from China then who knows how long the will take...you need to factor that into the equation too...they are very noisy as well
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