Bitcoin Forum

On behalf of Cognitive, I am auctioning off two SC Single units, ordered when BFL was promising 64gh/s per unit. BFL has said they will honor this original hashrate, so these will be two of the fastest units out there :)

The order number is 3277 and was placed on 7/14/12.

The starting bid is 50BTC, and please bid in increments of 1BTC. Follow the format n@x (e.g. 1@100 meaning one unit for 100 coins). The Auction ends on June 7th, 2013 at 9:00 AM PST. Every bid after 8:55 AM PST on the final day adds another 5 minutes.

Free shipping to USA, everywhere else buyer assumes shipping cost. I reserve the rights to reject any bid and to cancel the auction at any point before payment is made.

If you have any questions, feel free to ask.

Cheers,
Garrett


Timer removed. End time: 2013-06-07+19:00:00

1@50

1@50

Payment when the auction ends or when BFL sends the shipping notice?  Is this an upgrade order or a straight purchase?  Thanks.

Payment is due when the auction ends. It is an upgrade order, but that won't matter to you because I will be sending them the old unit then sending the winner of this auction the new one. Actually it is advantageous, because they are slightly prioritizing upgrade orders via their 1/3 shipping plan.

Cheers,
Garrett

will you use escrow through john until item is shipped.

I was just about to write another post stating that I will not be using an escrow. This is because revenue from this sale will immediately be put into Cognitive's growth fund, which we might need to utilize before BFL ships. Additionally, there should be no trust issues, because I am a fairly trusted person here, managing well over $100k of other peoples' assets, and even a few hundred btc of the forum's money. Cognitive, the company I manage, currently has a market cap of over BTC2000 which I'm quite proud of :)

What happens if/when BFL does not deliver? Will you issue a refund if BFL does not ship in the next 6 months?

I am not going to offer an insurance policy on the preorder. It is BFL's responsibility to get the product to the customer.

However, if you would like to hedge against BFL delivering I'd recommend finding someone to make a bet with.

Cheers,
Garrett

FYI, BFL never offered a 64GH/s unit.  They offered 40GH/s units initially, which were then upgraded to 60GH/s units.

I sent BFL an email last year asking about this when they changed their product lineup, and they confirmed that they will be delivering 64gh/s per unit in this order. Hence my saying "...so these will be two of the fastest units out there."

Thanks for the heads up though.

Cheers

Interesting.  This is the first time I've ever heard 64GH/s from anyone.  You must've gotten lucky somehow then.  Mine was originally 40 GH/s, then 60GH/s, and still at 60GH/s.

Yup, I'm the only one I've heard of as well. Therefore this should be among the hottest ASIC auctions :D

---

Current top bids:
1@50 - Werner
1@50 - qukkM

Sorry for the above message, I am not sure why I can not delete or edit it.

I also have not heard of this either and I have been watching most BFL threads.  You might get a 60gh unit and a 5gh unit or it all may be a mistake and it may be 60h.  60gh and 5gh would be nice!

1 @ 51btc

wanted to edit my post, seems I cant. Anyways what happens if the units are only 60ghashs units will we get partly refunded?

AFAIK, BFL just says that they will match the GH in the order - this does not mean that it will easily be split into two 64GH units...it could be, for example, 3 units @42GH each.  Just saying...

1@ 52

Like I said previously, I am going to provide no insurance for BFL's choices. You are bidding on orders for 64gh/s units; it'd be different if I had the unit in hand.

Best,
Garrett

1@52
1@53

Werner, sorry for blaming you :D ... BUT

...there are 2 items, for one is already bidden BTC52. So you only bid BTC53 on the other item. Your first bet is just decoration, because you can't kick Nightowlace out without bidding higher for the first item as well.

Hope it helps you not to loose the auction, if you wan't win both.

People are so helpful on this forum.

2@60

1@61

Current top bids:
1@60 - nlovlyn
1@61 - starsoccer9

Why not use mediation？
The credibility is high?

Just about everyone who has been around here for over 1.5 years is familiar with me, and trusts me.

I myself act as an escrow from time to time, and I have never used an escrow with one of my transactions so I see no reason to start now.

Just check out the Cognitive thread or my post history :)

Cheers,
Garrett

2@62

Less than five days left!

---

Current top bids:
2@62 - Werner

bumpity!

Less than a day left... Jump on it!

1@63

Just over 8 hours remaining!

Current leaders:
1@63 - starsoccer9
1@62 - Werner

1 @ 65 , USA

Less than four hours left!

Current leaders:

1@65 - Vezunchik
1@63 - starsoccer9

Less than 1.5 hours left to secure an early BFL order!

yay looks like i won

Best of luck!

AM i gonna get Pmed or something? How is payment gonna work

He lives in the states. They're all sleeping. Should be waking up soon.

Aha :)
And I had to keep an eye on this thread at ~ 4:00 AM. (GMT +3)
Time increment for international auctions must be ~8 hours I think...

Winners:

1@65 - Vezunchik
1@63 - starsoccer9

You'll both be getting a PM shortly. Congrats!

--Garrett

Address to send to:13sYM7mtLTBXYkfY9UpV8r2XLvZiF6Resp

https://blockchain.info/tx/dace0702fec8a4de340f646bfbcc4392e7d628488790798c87711b05ce305873

Confirmed, thank you.

Also I need signed confirmation of that:

1. Vezunchik owns 65 GH/s single from 3277 pre-order .
2. You will ship it as soon as possible.
3. Only thing that can make you to break this contract is BFL failure.

To avoid miss-understanding.

Transaction ID 3c031a196865dd03913007527b81a0d7f42af94a092391db19aa984fed2b3a25

Link (https://blockchain.info/tx/3c031a196865dd03913007527b81a0d7f42af94a092391db19aa984fed2b3a25)

I agree to 2 and 3, but BFL has claimed it is for a minimum 64 not 65 gh/s.

Received.

BFL never offered 64 GH/s units.  Just sayin'

I have an email (from either Jody or Dave) confirming that BFL will be shipping me units rated at 64+ gh/s.

I'll try to dig it up.

Hmm.. that I'd like to see. But it's unlikely you'll get a 64 GH/s unit.  We've never offered anything above 60 GH/s, other than the Minirigs, which are 1500 or 500 depending on the date.

Let it be 64...

It's absolutely clear. BFL "said" 65, and now it's nearly impossible. So they have 2 options:
1. Rise clock, place best chips, fine tune and get ~64. Best option.
2. Backup option - Single will be < 60 GH/s. Then they will add Jalapeno ~5 GH/s so - again 64, not 65. Garr255, note that this will be still one miner accordance to this auction agreement.

Yes, however they deliver the 64gh/s, I will redeliver to you.

i m impressed u managed to sell it

If you ordered a 60 GH/s unit, that's what you'll get +/- 10%.  I don't know where this 64 or 65 GH/s came from, we've never sold a product like that.  If you were told that, it was a mistake and I would like to see the email.  Actually, you can send me your email address and I can look it up in the system, what we sent out to you.

I just looked at all the correspondence with your email address and don't see anything like that.  Was it under another email address?

I have two emails I've used to place orders with BFL. I'm certain that either Dave or Jody told me that I would be receiving 64gh/s units.

I looked up all emails with your order number and all emails with your one cognitive email address and I don't see anything.  If you want to pass along the other email, I can try looking it up under that.  Or forward me the email you were sent and I can track it down that way as well.

 :'( sounds like i wont be getting 64ghashs

Seems like you are all fucked twice, cause the auction is rigged by the seller using a sock puppet to raise the bids, 
read the topic till the end:
https://bitcointalk.org/index.php?topic=236794.msg2517652#msg2517652 (https://bitcointalk.org/index.php?topic=236794.msg2517652#msg2517652)

Please read the entire thread before making assumptions. I did not do any such thing, but I cannot argue against my apology to Josh because he would then be able to cancel my preorder.

I am simply acting in the way those familiar with the term fiduciary duty would expect me to.

Sorry for the drama, that's not what was intended (by me).

I read the entire thread, and others, and I concluded that you are both Werner and Garr, and that you bid your auctions up with a puppet account.

Sad but true an unethical state of affairs...

Inaba's given you the green light to argue your case without reprocussion.  Your move.

https://bitcointalk.org/index.php?topic=238474.msg2532361#msg2532361 (https://bitcointalk.org/index.php?topic=238474.msg2532361#msg2532361)

sounds to me like you won't be getting anything at all!

the OP is full of it.

I hope you guys used escrow.

I don't know what the truth is. None of us do. I am sure a trusted moderator will clear it up soon but I did want to say that I have had a few transactions with Garr and they have all gone very smoothly. I hope this gets figured out and everyone can move on.

Next order of business.  There's claim from Garr255 of an e-mail sent from BFL that confirms the shipment of units rated at 64+ Gh/s.  Inaba is currently attempting to verify with Garr255 the existence of this email.  Given the current circumstances with Garr255, I'd like this verified. 

If there is no e-mail verified, the auction items themselves were falsely posted.

Maybe if we could see evidence of said transactions via forum trust, or something..  ::)