I'm looking at buying 2 K64 boards for 2 grand (willing to negotiate for a bit more) that's in the first batch. If your interested in selling yours send me a PM please!!  |
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They said they'd let us know about estimated batch groups today in email. I have yet to receive an email. Has anyone else?
No, but give it some time. Today is still today. A lot of hours to go until the next day starts  give it some time let them figure things out |
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Great, I might loose one of my preorders  #1213 for 1 K64. Stupid bank screwed up and never sent the $... If I redo the transaction today the fastest TerraHash will get it is on Tuesday (tomorrow). Sent them an email to see what I should do... only 2.5BTC's to my name, lol. Same thing might happen to me except with 2 K64s When did you send your wire transfer? I sent it on Thursday and still no "Processing" status. Hopefully he revives the money today  |
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https://bitcointalk.org/index.php?topic=240189.msg2562419#msg2562419If I read the above post by BitSyncom correctly, the lead time of 9-10 weeks applies to later chip orders too and not just to the very first ones. So Terrahash's first batch (ordered May 10 & 16) would be due by about late July. The second batch (ordered June 19) would not be due before late August or early September! That is a lot later than the 2 weeks after the first batch delivery that was estimated by Terrahash here: https://bitcointalk.org/index.php?topic=238148.msg2520769#msg2520769If the email tomorrow from Terrahash does not say my order is in the first batch, I think I'm going to have to cancel my order  I wonder if he made a special deal with BitSyncom  He seemed pretty positive that it would be only 2 weeks difference? TH any updates on this? If anyone is selling 18GHash boards in the first batch id love to buy off ya if your willing to sell  |
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I would guess TH will ship our orders and then decide if they want to supply hardware in the future. They made enough money to get started mining if that's what they want to do. They say. "We have already taken orders for all the chips that we have pre-ordered from Avalon. We won’t be taking any more orders for the time-being. We will open orders for assembly only service when Avalon gets closer to shipping the chips. Or, in case there is more demand, we will pre-order another batch of 10,000 or 20,000 chips from Avalon and take more orders."
It depends on how much hardware companies like Avalon and Butterfly ship in the future. Whether it will be worth it for TH to ship more hardware. Most of these companies believe the money is in selling the hardware and that we will screw ourselves.
Fair enough. I personally think that the best game would be to ship, mine with the profit until you can then ship em out again. Do the loop all over again. |
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The best part is that, most consumers still don't have their hand on ASIC. ASICMiner and other private equity folks are happily printing money, while the rest of the forumers continue to get screw by pre-order delays Exactly lol. All the delay stories are the companies mining away themselves. Funny huh? |
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Looks distinctly... old, scratched and used, not a nice polished surface. Maybe it's just the photos...
Have fun mining! Make sure to update with power usage.
Sure does, but it does the job so it doesn't matter If the machine is making me four digits a month I wouldn't care how it looks xD Just keep working! Lol |
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Its smart for Avalon to ship your chips because they have future orders to think about...any business that can't see past the horizon of say...next week won't be in business very long. Delaying shipping, especially purposefully, really hinders all future revenues for Avalon in this case. You KNOW Terrahash will order more chips, by way of example, but not until these orders are filled.
I think the main disconnect between our arguments is simply that I realize businesses don't benefit directly screwing people, not for long anyway. You're also totally discounting future chip orders that would be hindered by this 'two more weeks' game. I'm not saying you're wrong, just that I disagree.
"I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith. Hell vegas seemed tame by comparison."
Me too, and its insane.
FWIW, my bet is on TH and Avalon, I also would have bet on KNC...but that's it.
You are missing the point though, if they fill all those orders now -> difficulty goes up significantly -> their hardware prices have to drop in accordance in order to have any future orders. So it's not that if they ship it now, someshow people will place more future orders. It's all linked back to controlling the difficulty. There is no long term, no running a legit business planning for the future. It's a mad dash cash grab to suck in as much preorder money as they can before the difficulty hit the threshold that makes hardware prices drop to their cost basis while trying hardest to delay shipping->difficulty, after the hardware balances out then btc will trade just like any other commodity. Well, I see your point, suffice it so say that in effect I simply disagree with your conclusion. I actually think there is a future for companies in this emerging field...that is to say...dedicated miners. There definitely is some future, possible if they are among the first ones to ship thus making them more reliable then the rest, but if they have a working product, why not mine your self for a few days/weeks then ship em out More profit in your pocket  Then again, there is so many of these alt coins they can always make dedicated miners for the other coins... |
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im getting this when i got to btcminingrigs.com
NOTICE: This domain name expired on 06/06/2013 and is pending renewal or deletion.
I apologize. I fixed the link. Its rig not rigs. |
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Maybe, maybe not. Keep in mind that chip sales will slow if they don't ship on a reasonable time frame. Moreover, its very hard to calculate the Net present value of these chips over the next few months, let alone years as there is no telling where difficulty will be. Keep in mind that BFL is also offering chips now, you know of KNC miner, and there will be more outfits to arise in the near future as well.
I think the safe and smart move for Avalon is to ship ASAP; most businesses would agree also. The possible reward with holding and using chips is very high, but so is the risk factor....I can't really put a number on it due to the amount of unknowns in the equation, but neither can you...and neither can Avalon...so the best move is to take money in the hand.
why is it a safe and smart move for avalon to ship the chips asap? they already took your btc, why would they ship asap? they will try to delay it as long as they could. Bfl, avalon, and knc(if it's even real) are all playing a game of chicken trying to delay as much as they can. Asic miner is playing a different game by charging such a high price that barely breaks even for the suckers who buy their hardware but at least they are not lying about shipping the hardware. Everyone wants to buy cheap hardware and hoping for a return in a few months, avalon & bfl are not stupid they are using exactly this mass hysteria and greed to sell seemingly unbelievable cheap hardware, of course it's another story to actually get them to ship it. I can guaranteed there will not be massive shipment of anything asic from those companies, they will ship maybe 1-2 orders then delay another month or two to ship 1 more order etc..to have the appearance of trying and keep the mobs at bay. There is no free lunch, only way to have those kind of returns is to create your own asic chips with a 500k min investment, but then once you have them YOU YOURSELF will be playing the exact same game as those guys trying not to ship it to the masses after taking their money. My $10k bet on terrahash is 1) terrahash is one of the lucky ones to receive a chip shipment from avalon 2) keep to their word like they are trying so hard right now to appear legit, and actually ship the hardware after getting the chips, not mining in some warehouse first for a few months citing technical challenges - the temptation is undeniable - if you can have a 5 figure income per day mining using those hardware would you make up some bullshit excuse and pocket the coins instead? I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith. Hell vegas seemed tame by comparison. Exactly it. Unbelievably sad, but unfortunately true. If you think about it, why the heck would you sell something for 4-5 digits when it's making that for you in a single day. If you had 4 digits a day, what would make you sell the product? I sure as hell wouldn't sell, I would use it as much and as long as I possibly could. My very first question for these miners was exactly "Why would they sell and not just take all the profit for themselves?" Then it became clear with all the delays and everything that they are doing exactly that. Its smart for Avalon to ship your chips because they have future orders to think about...any business that can't see past the horizon of say...next week won't be in business very long. Delaying shipping, especially purposefully, really hinders all future revenues for Avalon in this case. You KNOW Terrahash will order more chips, by way of example, but not until these orders are filled. I think the main disconnect between our arguments is simply that I realize businesses don't benefit directly screwing people, not for long anyway. You're also totally discounting future chip orders that would be hindered by this 'two more weeks' game. I'm not saying you're wrong, just that I disagree. "I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith. Hell vegas seemed tame by comparison." Me too, and its insane. FWIW, my bet is on TH and Avalon, I also would have bet on KNC...but that's it. Im sure that many companys are raking some coin in while performing the so called" test" burn in etc...but, they also have a lot of money invested and on the line as well, and terms to pay back,,,,especially companys that except paypal. So they should want to turn those units out and avoid the risk of refunds and falling short on meeting their own debt service and so on. Also, to have a large amount of miners up and running requires a lot of man hours and monitoring etc. not to mention the utility factor. And the inherent risk that there could be a major drop or blow to the bitcoin value ( governments, a fork in the chain, and so on) that could leave them stuck holding the bag and out of business over night. So as an experienced business man, I would produce them and get them out the door as fast as I could,,,no matter how much could be earned in bitcoin by holding them for any amount of time. They stand to make ...what maybe 500 bux on a 900.00 board or more? I would not let them sit and mine...that would'nt make sense if it were my company,,,to risky. Plus if your a serious manufacture you will care very much about your credibility and reputation in the industry. For me, if i dont see some conclusive movement on my order prior to the 45 day time frame with paypal, I will have to be considering my options as with any purchase Definitely agree with what you say. I actually ordered from TH my self, and am hoping that it wont be another one of the delaying stories... I agree with you when you say if they ship they are looking at all the future orders, but hey, if your making lets say 5 grand a day using all of these products your selling, what is the harm in saying "We have ran into some trouble, were looking at another week to start shipping." That is a LOT of income... Maybe more then if they sold it lol Also, if they were to sell, the difficulty will rise and eventually the chip price to chip outcome will be very bad and there goes the company... |
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Hey. A new website just popped up named "btcminingrigs" Here is the link : btcminingrig.comThey definitely look like a complete scam to me! Ill let you read what it says on the website below. "In stock ready to ship. Limited Availability - Just 550 Units allocated" They are selling BFL products, the 5GH/s, the 25GH/s and the 50GH/s. Claiming they have all the products in stock ready to ship, and receive within 10 days. Quote their website --> "BTC ASIC miners are ready to ship and delivered within ten days" They have some pictures of the products which are exactly the same as the ones on BFL. Definitely looks like a complete scam. Here are some of the pics they post on the website.  and  And get this, their number for support is not even in use! Here are a few quotes from "inuyasha" on another thread here. "Smells like same guy/people as ASICrigs.com (see for yourself -- design, descriptions, ... ) * Everything installs automatically in your computer -- same as ASICrigs and totally stupid for anyone who is actually mining bitcoins -- but it's not for those of course * BFL design ripoff with removed logo (same as ASICrigs.com had) * lots and lots of inconsistencies * pricing is crazy (chips cost that much as the complete miner), 25GH model is more expensive (in GH-per-$) that 5GH model * Avalon chips in ANY design probably wouldn't even fit in the box for a 5GH/s miner not speaking about 25GH "model" -- with same case as 5GH/s (...to save costs -- reply in comments -- lol). * No mention about power consumption. * with avalon chips 25GH/s miner would take about ~230W -- I would like to see that power source which would fit (together with the miner inside that mini-case) -- even BFL, whose design they've ripped off, has external power sources * I'm not really sure avalon has sent ANY chips (apart from samples) to anyone -- yet they have full stock of miners with 24822.695 chips * apparently they're not selling any (cause the stock is still the same)" Anyway, please add them to the list. Save a lot of people from getting scammed. That is just my opinion, if someone would like to dig in some more feel free! |
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This might be in the wrong section and if it is I apologize for causing the trouble.
Anyway, I am looking to purchase a few of the 18GHash/s boards from TerraHash.
Does anyone have a batch 1 order that would be willing to sell? I am looking into buying about 3 of these boards.
If anyone is willing to sell please PM me so we can discuss out the details
Cheers,
Filip
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This might be in the wrong section and if it is I apologize for causing the trouble. Anyway, I am looking to purchase a few of the 18GHash/s boards from TerraHash. Does anyone have a batch 1 order that would be willing to sell? I am looking into buying about 3 of these boards. If anyone is willing to sell please PM me so we can discuss out the details Cheers, Filip EDIT: I just now noticed this is in the group buys section. I taught i was posting in the hardware section. My bad. You may remove this topic. I tried doing it my self but was unsuccessfully. Sorry again! |
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Im sorry, still a NEWB here. I am a bit confused.
Are you saying that for a FULLY ASSEMBLED board, mining at 4.5 GH/s is only costing us 133$ plus shipping?
Sorry if im causing any trouble.
Thanks,
Filip
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Yes, someone was pushing them on BTC-E trollbox. I saw that as well, looked at the website and quite likely taught it was a scam. Seems too good to be true. I checked the phone support and it gave me the message that the number is actually not in use.
I would seriously advise staying away from this company. Too high of a risk!
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Maybe, maybe not. Keep in mind that chip sales will slow if they don't ship on a reasonable time frame. Moreover, its very hard to calculate the Net present value of these chips over the next few months, let alone years as there is no telling where difficulty will be. Keep in mind that BFL is also offering chips now, you know of KNC miner, and there will be more outfits to arise in the near future as well.
I think the safe and smart move for Avalon is to ship ASAP; most businesses would agree also. The possible reward with holding and using chips is very high, but so is the risk factor....I can't really put a number on it due to the amount of unknowns in the equation, but neither can you...and neither can Avalon...so the best move is to take money in the hand.
why is it a safe and smart move for avalon to ship the chips asap? they already took your btc, why would they ship asap? they will try to delay it as long as they could. Bfl, avalon, and knc(if it's even real) are all playing a game of chicken trying to delay as much as they can. Asic miner is playing a different game by charging such a high price that barely breaks even for the suckers who buy their hardware but at least they are not lying about shipping the hardware. Everyone wants to buy cheap hardware and hoping for a return in a few months, avalon & bfl are not stupid they are using exactly this mass hysteria and greed to sell seemingly unbelievable cheap hardware, of course it's another story to actually get them to ship it. I can guaranteed there will not be massive shipment of anything asic from those companies, they will ship maybe 1-2 orders then delay another month or two to ship 1 more order etc..to have the appearance of trying and keep the mobs at bay. There is no free lunch, only way to have those kind of returns is to create your own asic chips with a 500k min investment, but then once you have them YOU YOURSELF will be playing the exact same game as those guys trying not to ship it to the masses after taking their money. My $10k bet on terrahash is 1) terrahash is one of the lucky ones to receive a chip shipment from avalon 2) keep to their word like they are trying so hard right now to appear legit, and actually ship the hardware after getting the chips, not mining in some warehouse first for a few months citing technical challenges - the temptation is undeniable - if you can have a 5 figure income per day mining using those hardware would you make up some bullshit excuse and pocket the coins instead? I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith. Hell vegas seemed tame by comparison. Exactly it. Unbelievably sad, but unfortunately true. If you think about it, why the heck would you sell something for 4-5 digits when it's making that for you in a single day. If you had 4 digits a day, what would make you sell the product? I sure as hell wouldn't sell, I would use it as much and as long as I possibly could. My very first question for these miners was exactly "Why would they sell and not just take all the profit for themselves?" Then it became clear with all the delays and everything that they are doing exactly that. |
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What do you people think the difficulty will be in 3-4 months when all the designated miners start hitting? I'm debating buying one, and if I do I would be reviving it around mid August, 36GHash/s. Take the risk?
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I'm not really sure what batch it will be in, but I may or may not be willing to sell my 18ghash board (and whole account for that matter) depending on market conditions closer to the ship date.
What is your order number. you can have a pretty good estimate if you will be in the first batch or not:)? |
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I'm interested in buying 3x 18GHash boards in the first batch. Anyone willing to sell for 3 grand? PM me if anyone is able to |
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