Topic: YIFU IS AUCTIONNING? - page 9. (Read 22106 times)

24 hours left to ship

Also still have not received the BTC I withdrew 48 hours ago...

I wonder how many they got sitting around, can't have been many of the chip orders who took delivery in the end.

I had a dream that I bought 100x @ 2.2btc. Thank fuck it wasn't real.

Avalon chips for sale on www.avalon-asics.com.

10,000 chips for 100 BTC.

If you get them up and running by:

October 17, 2013 you're bound to make ~345 btc or ~245 after power costs. 245btc*$140 -> $34,300
October 24, 2013 you're bound to make ~313 btc or ~223 after power costs. 223btc*$140 -> $31,220
October 31, 2013 you're bound to make ~284 btc or ~204 after power costs. 203btc*$140 -> $28,560

The components, for 10,000 chips, are for about 31 4 module miners.  The cost is around ~30k (following avalon design).  Assembly would be another 20-30k.

This will not make ROI unless BTC price increases significantly.  Best not to buy/bother with it.  The only way this will make a ROI is if you pay for electricity out-of-pocket and hope for a btc price increase.  Might as well just buy BTC then, though, in which case you're bound to make more with less of a hassle (see below).  That's about $700-$1,000 /week for 31 4 module Avalons in electricity @ $0.15 / Kw.

If you invest 100BTC + 30k + 20k into just BTC you'll have:  100BTC + $50,000/140= ~457 BTC.  Would seriously just buy the BTC ...

Caveat emptor ...

These chips, imho, should be priced at <50 BTC and then it would still be questionable but less questionable of an investment.  If Bitmine.ch (That's an if, no idea whether the 'if' is valid or not) delivers their chips on December 13th all Avalon stock of chips becomes valueless. 42.5 btc / TH vs Avalon's 32.26 btc / TH whereas the Bitmine.ch chips have a WAY longer lifespan than Avalon's chips.  Avalon G1 end-of-life is around late December through late January.

Very true with the power consumption. Of course KNC beats these units by far and they over-delivered in power consumption. I have to say that, as a small residential miner in a cold place, I also tend to neglect power consumption.

If market forces stay at the same level, a few decades from now most people will use computers as space heaters. Why dissipate heat without processing information? What a waste!

I would actually have bid for a couple of these for an extra room if it wasn't for Avalon's reputation.

Serves that cocksucker right, trying to fleece even now as much as he can from ppl with auction.

Poor Yifu, he didn't get a fraction of what he expected from tradehill auctions. Wonder how's his chi doing.

now the 60mh/s machines are in the yifo onlineshop for 6BTC  
4 module machines are now 12 BTC


no more word about tradehill relationship

far overpriced!

I'm looking forwards to that, when I can buy nice space heaters for pennies. Even if they don't make their running costs in electricity, they'll convert _some_ of that energy to "money", instead of ordinary space heaters that are just waste heat.

9 of those will stop making a profit based on power usage around late december / early january when most, if not all, G1 Avalons should be turned off unless BTC price increases.  Oddly, KNC machine will follow that pretty fast.

Congrats!

9 of those give more power than a Jupiter for less than half the price. Yey for pre-orders!


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9 of those will also have over 5000 watts of hungry power supplies. Hope you live at the north pole.

Well let's hope these devices are stored with Tradehill so Yifu won't be mining with them for a while to make up for the cheap price like with batch 2/3.

I was under the impression that today's difficulty increase was 41.45%, from 189,281,249 to 267,731,249. Next one is more probably to go over 50% than fall to 35%.

nonsense; difficulty has been jumping on average ~33% over the last 10 intervals.  last jump was almost 30% increase in difficulty.
Although extrapolation is less accurate as you go out; 33-35% increase every interval is a very good rate of difficulty increase to use if you are an investor simply because you are betting things will be that # or worse.  As an investor I would use 35% increase.

Right now it's almost impossible to predict future difficulty jumps but here is what I based my decision on:

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=267731249.48242&dcosts=300&diff_mincrease=30&blpbtc=25&dhsmhs=60000&diff_mincreasedecrease=3&btcusd=140&dpowcon=600&btcusd_mincrease=0&pcost=0.15&calcweeks=40&dleadtime=0&action=calc#

so on a 2.x order placed.. how much will these payback really until electricity is too much..
if i put on btcinvest, 1 jump and 60GH, its lifetime when starting to hash on next increase (20% increase, with a 3% lower) its lifetime is 8 btc..
Month of February (1100MM diff), it will barely make 1btc. i believe thats the month it gets sold or powered off? pending on value of btc, if its $300, it can be kept another month or 2 maybe..

jup, just got email aswell. order confirmed, shipping soon.

I had to think twice for sure but honestly I've made a decent profit from my batch #2 Avalon's despite the explainable delays so felt like giving Yufi a second chance. I am curious of what his true intent is and feel there still is a chance that he is sincere but got in over his head but it's really hard to say with all the FUD. If these miners pan out as advertised he will have repaired some of the damage to my opinion of his business for sure.

Unfortunately it's now been 26 hours since the auction closed with no word from Tradehill who stated that "Bidders will be contacted within 24 hours, from the close, to be notified of their status". I also still have not received the unspent BTC change I withdrew yesterday which is also supposed to "require one business day to process". Minor problems as long as they can ship within 72 hours but not a good sign so far IMO...

Edit: AAAAND I just got a notification from Tradehill:


*fingers crossed*

There's no doubt that this is a stellar deal. $300 shipped for a ready to plug in 60GH/s machine that ships in 72 hours cannot be beat, regardless of the power consumption. The real question is are you ever going to see it.