Bitcoin Forum

Pure speculation here. I have no inside info.

Alydian recently announced that they'll be offering hosted, high-capacity mining rigs at the end of the month. Pricing seems pretty high though.

Avalon is long past due on delivery of their bulk chip orders, with no communication other than the recent "I'm not dead" post. Photos suggest the chips exist but no-one has received any.

Recent rumors suggest that Avalon received a large investment from a wealthy patron. That rumor was debunked, but perhaps there is a kernel of truth.

I speculate that Avalon got a HUGE order from Alydian within the last few weeks. Alydian offered to pay a substantial premium over the asking price to jump the line and get the first batches of chips. All parties have been silent while the details were being worked out.

Alydian gets first-mover advantage, Avalon gets a huge pile of cash, and those who ordered chips will get an apology, a refund, and a small percentage of Avalon's profit to soften the blow.