With all the negativity surrounding Avalon right now, it's gratifying to see so many positive posts on this thread. I just wanted to add my personal thanks to BKKCoins for all the work he's put into this project. I know it hasn't turned out they way we all wanted thanks to Avalon. But that should in no way lessen the accomplishment of this project. BKKCoins achieved much with very limited resources, and I applaud and thank him for it! Also, I want to say that watching this thread has created a strong interest in me to explore the world of electronics. I've been inspired by this thread to start learning the basics, and have completed quite a few simple projects over the past few weeks. Thank you for that  Sometimes we create something that doesn't work out the way we think it would. Maybe (as in this case), the project is overcome by external factors we have no control over. But often something completely unexpected comes from the project. If *I'VE* been inspired by this effort, who know how many others have been as well? IMO, this project represents so much more than just Bitcoin miners. It represents courage, skill, determination, and community collaboration. I'm thrilled and honored to have been able to witness this amazing feat. So again, to everyone involved in this effort, I'd like to say "Thank You" from the bottom of my heart. It's truly been an honor and a privilege. Bkkcoins and the hard work by everyone will keep getting bumped as proof the bitcoin community is truly alive. Let's take our refunds.. which by now you kind of view as a savings account that held on to our BTC for us while BTC has gone up in value... to be on the bright side... and get to work on something new! Well I will still be learning on the Klondikes while you geniuses dev on new tech. This thread is now the open source school of PCB ASIC dev! So much respect to all of you! |
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You can see in the CAD software snaps in the OP that there is a file they were working on for the USB Thumb called Heatsink. I would assume Barntech is working on a solution for a heatsink for the 8 chips board as well. Interested to see what he and his team come up with. Regarding firmware development on Cgminer. This is a great piece of open source software and I am confident that Barntech will be able to get a really solid firmware created in a short amount of time (If he has not already simulated his boards). I saw posts that he may even program a GUI to make integration even easier for those who may not know USB protocols. If at anytime Barntech needs additional PIC firmware coding, Cgminer API, or GUI support. He can feel free to send me source files and I will share everything in this thread. I am not sure how open source Barntech is but rest assured it would be worthless to steal source code for hardware I don't have  Regards |
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I would just like to say that I once flamed this thread for being a scammy pre-order buy. I am very sorry for that. This is still a pre-order buy but I was completely misinformed on the baby jet. You guys win and have my full support I have recently seen that more orders are open for babyjets and came back to find you guys! Has this been discussed here yet? I think it is recent and I have not seen it yet. https://hashfast.com/It says that there are 31 units left if this group buy has time to expand.. I would love to tuck my tail and buy with you lovely people! Regards, Vox |
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You handle criticism well for someone who is trying to start a legitimate business. I hope you continue to name call and curse at all potential clients in the future.
Name call and curse? You've got a warped sense of the world Vox. Barntech has been very forthcoming with info and been exceptionally patient with you, myself, and everyone. I'd go into business with him any day given the attitude he's displayed so far! I would assume most people have added voxelot to their ignore list by now, I certainly have, it was clear he is just here to troll the thread, nothing constructive will come from him. http://www.bitfurystrikesback.com/product/bitfury-55nm-asic-by-reel/Still seems to be chip reels on sale in EU. Couldn't you just order one of these instead of going through an American bitfury distro? http://www.bitfurystrikesback.com/product/bitfury-55nm-asic-h-board-oct-delivery/or paying $200 more for the same chips in the barntech auction i suppose. And for comparison. H board from USA https://megabigpower.com/shop/index.php?route=product/product&product_id=61~$600 vs $1300? That is saving quite a bit to order from the UK correct?... The advantage here goes to barntech if he sells again at his original prices. If you do not know what you are doing it could be challenging to stack H boards and barntech has done a great job making 8 chip boards stack-able for you. Weigh the pro's and con's and your skill levels in mining. Consider Bitfury may never ship. |
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Let us please get this thread back to technology... discuss the best ways to get Bitfury chips.. or everyone flame the critic.
Discuss the best ways to keep costs down on 28nm silcon.
Discuss solar energy as on option for lowering overhead costs on kWh consumption
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You handle criticism well for someone who is trying to start a legitimate business. I hope you continue to name call and curse at all potential clients in the future. I would rather go directly to the source in the UK than order anything from my home country USA. http://www.bitfurystrikesback.com/shop/ and pay more. Better yet why don't i talk to bitfury.. they seem logical enough. Ohh wait bitfury is a group of unknown people... |
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This "auction" is outrageous.
16 boards are listed under the guise of limited availability and the bids skyrocket, then another 16 boards are suddenly available? How can you hold people to bids they made when the number of units suddenly doubles mid-auction and demand drops?
I'm sorry but I will not be sending payment for my boards as I feel the pricing & demand was manipulated. The additional boards should have been in a separate auction (you discussed this possibility but decided against it for whatever reason).
Fortunately, it looks like you have no shortage of other buyers.
Probably a wise decision. Might be kind of hard to run an assembly company if you can't run an Auction. Dude, How did you become so disgruntled and spikey? I've been nothing but straight, honest and decent with you. I've answered all your questions and addressed every issue you have raised. Why do you insist on constantly giving me shit? If you don't like what i'm doing, then you don't have to be a part of it, but at least have the respect to not make snarky comments on forum threads that are otherwise decent and on the level. Congrats to the winners who just donated around $7k in profit in the past 24 hours to Barntech for his assembly services that have technically not happened yet. Of course it will be spent to ensure that your product is delivered on time. |
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This "auction" is outrageous.
16 boards are listed under the guise of limited availability and the bids skyrocket, then another 16 boards are suddenly available? How can you hold people to bids they made when the number of units suddenly doubles mid-auction and demand drops?
I'm sorry but I will not be sending payment for my boards as I feel the pricing & demand was manipulated. The additional boards should have been in a separate auction (you discussed this possibility but decided against it for whatever reason).
Fortunately, it looks like you have no shortage of other buyers.
Probably a wise decision. Might be kind of hard to run an assembly company if you can't run an Auction. |
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Well I have not been keeping up on every page lately. Given the comments here I think I'll skip reading backward.
But I do want a thumb drive or two. i just feel like I have not spent enough money here yet.
What's the ETA on those hitting the market again?
Thumbs will be up again later tonight or tomorrow. Did you your PM inbox get flooded? No response in regards to bare chips.. Just PM'd you. Yes been pretty flooded lately. Would you two care to share your PM? As a developer I am very curious as to the most effective way to get "bare" chips. |
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I mean I am open source dev and I actually have one of these bastards sitting on my laptop as I type this. I should say I am okay with a no refund policy since my investment was so small. Others may not agree however if they invested more.
Regards
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I've done what I can to try and prevent further incidents from happening that have led to a big shake in all of the bitcoin community.
You can call me a drug user, a troll, misinformed. I like these names =D
I am absolutely tired of seeing the open source community suffer. I am sorry if I rocked your boat. I hope you can sail on the hopes and good vibes of your investors for years to come.
Regards
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stunna just sent you a pm Hey, All loans must be public. Also I am waiting on any one of the five loans I have out right now to return before I send out an additional loan. I was asking you in pm as I was unsure on weather you wanted interest loans on the 0% topic but I am guessing you don't want easy money with 0 risk to you lol I only sent you a pm to see if it was something you were interested in then I would have posted in this thread ( I pmed stunna to see if he was interested in a 5BTC loan and I would send 500LTC as collateral ( need 5btc to complete a deal but don't want to sell my ltc at the current price ) I'll do this deal at a set interest amount if you use the LTC as collateral. PM me please zach if interested. I am not going to wait till the end of September on ASIC "companies" to pay your loan investment back.. It is costing you too many transactions. Currently transferring funds from my Coinbase account on Friday (when I get payed). I have not done too many transactions on Coinbase so it may take a week for the funds to clear from my US bank account. Thanks for the patience. You will still have my full support with open source mining rigs if ASIC developers stop their greed. Stay tuned Stunna will be able to lend out again soon guys! Vox EDIT Since this post Yufi - one of the heads of Avalon... has started making the refunds on our investment.. so he claims.. this could still take months to get Stunna's money back... recent price spike in BTC makes it hurt a bit to pay this back out of pocket but I will not trust Avalon to do it.. Money is on it's way through Coinbase. Also the buy I put our money into is full of small developers like myself and we just want to ply with these old chips so likely there will be no refund or profit made from this investment. So i will repay. |
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Hahaha, you guys amuse me. The price of these pre-orders fluctuates like crazy based on shipping expectations from BitFury, the reputation of Barntech, the network difficulty, and the btc price. You could probably make a killing just daytrading pre-orders on this site.
The price of chip reels was quite clearly stated on the megabigpower.com site as $60,000 for 3,000 chips, you can check that on the Internet archve wayback from last month. No ambiguity there at all. It's the price of future reels that's up in the air. Bitfury - Sold ASICs for $20 a piece to Barntech Group Buy8 ASIC Drill bit - Chips = $160 BARNTECH FEES : PCB and Assembly cost and potential profits made = $140 After Bitfury price jump.BARNTECH FEES : PCB and Assembly cost and potential profits made = $240 Profit increase from one announcement made from one ASIC "company" = 71% I wouldn't mind playing those numbers and apparently barntech can, but nobody else is allowed. Although i feel there are many people here playing the science of BTC and the hopes of others for profit so.. he's not alone. Where are the Bitfury price jump figures you are basing your calculation on? I see nothing announced. If you are suggesting that Barntech simply increased prices when megabigpower said the next batch of chips would be more expensive, you are also wrong, the prices remained the same until the chips remaining got down below 600, then they went to auction. megabigpower haven't put any revised H-board prices on their site either, they are still at $500, so were are guessing at what might happen with Bitfury prices. Thank you this is exactly what I am suggesting.. he turned a Group Buy into an Auction... and finds it inappropriate to allow anyone else in the Group Buy to do so. Bitfury is getting greedy watching Avalon bank on greed.. then it passes all the way down the food chain. |
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I get this feeling of doom and gloom around some of the threads lately. Hope remains beautiful people Aside from the obvious experience and connections this and other projects have created ~ ~ focusing on finding ways to slash the power can bring new life to this work and will carry over to future projects. I still come here everyday and read the progress. I'm proud of everyone here that is working hard to make this shit happen. Remember, if this is going to be done ~ keep doin' it motha' fuckin' awesome ~ screw anything else ~ kick this projects ass people, we are just gettin' warmed up Good post and thank you.. we are still here! I know that I have learned tremendous amounts about IC and PCB and FPGA and Cgminer.. and the list goes on since I came here for the K1/K16 rush... the things I learned will never be taken from me by Avalons lack of ROI. Money isn't everything IMHO. Good day all! |
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Hahaha, you guys amuse me. The price of these pre-orders fluctuates like crazy based on shipping expectations from BitFury, the reputation of Barntech, the network difficulty, and the btc price. You could probably make a killing just daytrading pre-orders on this site.
The price of chip reels was quite clearly stated on the megabigpower.com site as $60,000 for 3,000 chips, you can check that on the Internet archve wayback from last month. No ambiguity there at all. It's the price of future reels that's up in the air. Bitfury - Sold ASICs for $20 a piece to Barntech Group Buy8 ASIC Drill bit - Chips = $160 BARNTECH FEES : PCB and Assembly cost and potential profits made = $140 After Bitfury price jump.BARNTECH FEES : PCB and Assembly cost and potential profits made = $240 Profit increase from one announcement made from one ASIC "company" = 71% I wouldn't mind playing those numbers and apparently barntech can, but nobody else is allowed. Although i feel there are many people here playing the science of BTC and the hopes of others for profit so.. he's not alone. |
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Agreed.. Here is a quote from zefir today... Update: EndgameWith ASICMINER today announcing blades for as low as 3.5BTC, it appeared that Avalon chips that do not mine today are not going to break even any more. While those blades went already out of stock after some hours, the new price for mining rig is officially set. Essentially this means that if Avalon does not ship the remaining chips fully within the next two weeks, they become worth less than their shipping costs. Driven by this event, today I was flooded with refund requests that built up a queue of ~2000 chips. I do not expect any takers for this and it is realistic to assume that there will be no further refunds. I am sad to admit that I do not believe in a fast and complete delivery of the remaining batches. This stopped to be a game the moment this group-buy alone funneled $500k to Avalon. Although we have only a small set of 'no BS rules', we still have a written commitment to deliver in time as part of the ToS. With so many community members taking a loss directly or indirectly through Avalon failing to meet their schedule, we (together with other customers) need to consider taking serious actions to end this tragedy. At this stage our options are as follows: - A. sit and wait
That was my tactics so far, assuming that civilized and respectful behavior will ensure to get our chips as fast as possible. This in fact might have been the reason why so far our group-buy got more chips than others, at the same time with a delivery of one batch per month our last will arrive mid 2014 - ready for re-direction to the Bitcoin museum  - B. demand full refund
The majority would be fine with getting their invested coins back and let this chapter pass into oblivion. According to Avolon's ToS, there will be no refunds. But if they really care about Bitcoin and its community and realize how much harm they caused to so many of us, they might consider playing fair and send us the coins back. This implies that you do not want your chips any more. - C. negotiate for compensation
While refunding all orders might exceed Avalon's capabilities, they might prefer offering a compensation in form of free chips or free upgrades to next-gen ones. This implies you would like continue dealing with Avalon. - D. legal action
Leave the polite arena and sue them into ground; make an example of them and put an end to the pre-order madness in Bitcoinland. This implies you are willing to throw more good money after the bad - for a very limited expectation. Your money would feed some poor lawyers and Avalon if needed will declare bankruptcy (they said they do not control the collected funds any more).
I personally will approach Avalon with options B and C for now and consider combining forces with other group-buy organizers for D if we do not hear back within a reasonable time-frame. If you have a different opinion you'd like to share, please do so either here or via PM. |
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Yufi is making refund forms.
I vote for refund... dddbtc you are welcome for the BTC0.032 donation i gave to for buying your chip order for 32 @ BTC0.086.
I expect a return of BTC from marto74 if he votes for a refund and receives one.
Regards
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What happens then is an interesting conundrum. I must say i have found the general trend of people buying pre-orders for stuff and then selling them on at a profit having never even received them an odd and kind of unpleasant one.
Is this not what Barntech is doing when he pre-orders Bitfury chips and auctions them out at a higher price after hearing news of a price spike on the second pre-order? Now you are starting to be a troublemaker again. I took a step back as I thought there might have been a misunderstanding earlier but it is pretty clear now that you are playing and twisting words. All the best to you... Its about sharing I find your name ironic. "troublemaker" here is a warning i offer to you from the largest group buys in Bitcoinlandia... Be cautious of any pre-ordering... period. Update: EndgameWith ASICMINER today announcing blades for as low as 3.5BTC, it appeared that Avalon chips that do not mine today are not going to break even any more. While those blades went already out of stock after some hours, the new price for mining rig is officially set. Essentially this means that if Avalon does not ship the remaining chips fully within the next two weeks, they become worth less than their shipping costs. Driven by this event, today I was flooded with refund requests that built up a queue of ~2000 chips. I do not expect any takers for this and it is realistic to assume that there will be no further refunds. I am sad to admit that I do not believe in a fast and complete delivery of the remaining batches. This stopped to be a game the moment this group-buy alone funneled $500k to Avalon. Although we have only a small set of 'no BS rules', we still have a written commitment to deliver in time as part of the ToS. With so many community members taking a loss directly or indirectly through Avalon failing to meet their schedule, we (together with other customers) need to consider taking serious actions to end this tragedy. At this stage our options are as follows: - A. sit and wait
That was my tactics so far, assuming that civilized and respectful behavior will ensure to get our chips as fast as possible. This in fact might have been the reason why so far our group-buy got more chips than others, at the same time with a delivery of one batch per month our last will arrive mid 2014 - ready for re-direction to the Bitcoin museum - B. demand full refund
The majority would be fine with getting their invested coins back and let this chapter pass into oblivion. According to Avolon's ToS, there will be no refunds. But if they really care about Bitcoin and its community and realize how much harm they caused to so many of us, they might consider playing fair and send us the coins back. This implies that you do not want your chips any more. - C. negotiate for compensation
While refunding all orders might exceed Avalon's capabilities, they might prefer offering a compensation in form of free chips or free upgrades to next-gen ones. This implies you would like continue dealing with Avalon. - D. legal action
Leave the polite arena and sue them into ground; make an example of them and put an end to the pre-order madness in Bitcoinland. This implies you are willing to throw more good money after the bad - for a very limited expectation. Your money would feed some poor lawyers and Avalon if needed will declare bankruptcy (they said they do not control the collected funds any more).
I personally will approach Avalon with options B and C for now and consider combining forces with other group-buy organizers for D if we do not hear back within a reasonable time-frame. If you have a different opinion you'd like to share, please do so either here or via PM. |
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What happens then is an interesting conundrum. I must say i have found the general trend of people buying pre-orders for stuff and then selling them on at a profit having never even received them an odd and kind of unpleasant one.
Is this not what Barntech is doing when he pre-orders Bitfury chips and auctions them out at a higher price after hearing news of a price spike on the second pre-order? Quit junking up this thread, Barntech is the ORGANIZER and PRODUCER of the product and therefore can do as he pleases. If you guys want to continue to debate this take it to some crappy troll box, you're ruining what was an awesome, very professional thread. This. Quit pulling it down to yet another argument. I respect this thread due to the fact that Barntech is trying to be honest. If I am to receive no respect for questioning the way business is handled in crytpo-currencies. Then you may continue with business as usual. I wish you all the best of luck. |
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