I won't accept anything less than a full refund for my avalon chip investment. What I paid the boards is negotiable tho
I think that's what we can expect. Am not sure it should be. I do not have a leg in this race now, as I had doubts and didn't order more than chips. My doubts where because he claimed to order pcb's before there was a final tested board, if that was the case then it should be his loss, revisions were made after that date for the pcb's to work properly. There has been 0% evidence that Steve spent a dime on anything other than Avalon chips for his own personal use. If he did purchase anything, remember he received almost 1000 chips so you guys have probably paid to have these mounted. Steve needs to show receipts if he is to keep any money from anyone. That's actually spot on. My faith is based on the interactions that I've had with him already, which have so far been reasonable. Anyhow I will be waiting until the end of Novemeber before asking John K for his passport details and going from there. |
|
|
|
I won't accept anything less than a full refund for my avalon chip investment. What I paid the boards is negotiable tho
I think that's what we can expect. |
|
|
|
Seems a trait of group buyers to go a little rogue. I'll be getting whatever refund I can and washing my hands of this preorder nonsense.
Steve is not answering any of my PMs. He just send me one generic answer a thats all. Ive ask him if he can send me the invoice for KnC (no answer). Well for a period these Knc may even be profitable in fiat with prices the way they are. This is just messed up all over, I hope that Steve will be fair in his reimbursment. |
|
|
|
I've not gotten a reply at all  I've sent an email, and a PM or 2. Have been for the last 3 weeks Steve, please get in touch with me. I need these funds for IVF (baby making), and my (soon to be) wife will pass the age cutoff. -Dobz Sorry to hear than Dob. good luck with the treatment. Seeing as Knc won't be shipping until (tommorow?) at the earliest, I wouldn't expect any contact for at least a week. appreciate the kind words. I hope he says something soon. I really wish I voted refund in the group buy, but I didn't expect him to take the funds and just start buying stuff without talking to us, the funders. Seems a trait of group buyers to go a little rogue. I'll be getting whatever refund I can and washing my hands of this preorder nonsense. |
|
|
|
I've not gotten a reply at all I've sent an email, and a PM or 2. Have been for the last 3 weeks Steve, please get in touch with me. I need these funds for IVF (baby making), and my (soon to be) wife will pass the age cutoff. -Dobz Sorry to hear than Dob. good luck with the treatment. Seeing as Knc won't be shipping until (tommorow?) at the earliest, I wouldn't expect any contact for at least a week. |
|
|
|
Ok,to get these to work in Win7 64bit: 1.Go here for CGMiner 3.7.0(it works best for me),get the windows.zip file: http://ck.kolivas.org/apps/cgminer/3.7/If you want the latest cgminer,go here: http://ck.kolivas.org/apps/cgminer/2.Get Zadig,I DL'ed this one-zadig_v2.0.1.160.7z http://sourceforge.net/projects/libwdi/files/zadig/3.Plug one K16 USB cable (be sure its powered up+fan hooked to 4pin molex) & install Zadig,it should show that its driver installed. 4.Reboot when asked to.Now make a bat file,in Notepad copy & paste this & add your pool info: cgminer -o http://pool:port -u username -p password If you want a backup pool,use this: cgminer -o http://pool1:port -u pool1username -p pool1password -o http://pool2:port -u pool2usernmae -p pool2password Call it cgminer.bat,save it to your desktop,paste it in cgminer folder,double click the bat file to run cgminer. Now add your miners one at a time.You can plug your fan into the board after its mining. DONE!!!  Edit:cgminer has a temp cutoff of 54C,be sure to add fans cooling the backside (opposite side of heatsink) to bring temps down. Just what I was looking for. I didn't have time last night to fiddle about with zadig and the miners apart from to get them powering up. Thanks! |
|
|
|
I'm sure someone here would happily sell you their K16 hardware and assembly at a 'discounted' rate
When I suggested the same thing to SB as I hadn't paid for assembly, I was told they didn't have time to reasign unused assembly. |
|
|
|
|
Thank you all guys, that makes perfect sense. I just cracked out an old drive so I'll get to that tonight. Lovely tech guy at work sorted me out with some molex connectors too!
|
|
|
|
Hey Guys, I'm having trouble getting my K16s to even start up. I'm using a standard ATX PSU (Corsair CX430) it should be a case of plugging it in and getting it running shouldn't it? Am I missing something really obvious here? I find it hard to believe that everyone of my miners doesn't work, so I must be setting up my PSU wrong, which I didn't think was even possible.  |
|
|
|
So what is the logic of buying mining hardware that will not ROI rather than purchasing the BTC outright to refund? I feel like I'm missing something here.
It's not like we are expecting %100 assembly refunds anyway..
We are not expecting %100 refund as you said Mining is so irrational atm I think long term the KnCs will probably ROI if only from BTC appreciation... Maybe Steve has a really good hosting facility and super cheap leccy. Then I'd kind of get it. |
|
|
|
Correct me if I'm wrong but this is what I've gathered from following this thread regarding the assembly / parts / shipping refunds.
Before avalon delayed their chip orders (by selling them to the Chinese instead of those who paid for them, the difficulty increase supports this theory) and crushed any potential of profits for us, steamboat was busy organizing parts in advance so that there would be minimal down time between receiving the chips and getting the miners out the door and on their way.
So all of those who didn't opt for a refund and got their k16's would have had them assembled using this stock pile of parts.
What we need to know is how many parts were prepaid in advance, how many have been used to create the shipped k16's and what is the difference, if stock has run out that's good news for those of us who have opted for a refund as the paid btc would not have been cashed in and should still remain.
So what is the best course of action from here?
I and everyone else in this group buy would like to see the numbers:
How many parts were purchased / stockpiled in anticipation of the avalon chips arriving?
How many k16's have been assembled and shipped using these parts?
Was assembly prepaid? If so, how many units were prepaid for assembly and how many have been shipped?
Whatever the remaining balance should be divided up amongst all of those who opted for a chip refund and also paid for parts / assembly / hosting / shipping.
+1 Good luck with getting that kind of transparency though. I fully expect SB et al priorities are on covering their costs and clawing out a small amount of profit for themselves. Screw the people that wanted refunds and ended up with miners. At least that's my conclusion. I have no problem with covering their costs, and I wouldn't have minded taking a hit for all the guys that helped make this possible, until I was cut off from getting a refund. It's probably too much to expect getting anything back from this outside of what has been stated. SB could have repeatedly salvaged this, but has made some strange and downright bad decisions. I'd love to be pleasantly surprised though. |
|
|
|
|
So what is the logic of buying mining hardware that will not ROI rather than purchasing the BTC outright to refund? I feel like I'm missing something here.
It's not like we are expecting %100 assembly refunds anyway..
|
|
|
|
Just out of curiosity, is anyone selling their assembled miners? Wondering what they are selling for, if at all.
Going for about £140 on ebay as far as I can tell. That was not with the miners actually in hand, may be slightly more. I'm selling one or two to cover the import duty and subsidize the assembly costs and then gonna mine with the remaining ones for fun. |
|
|
|
|
Any one else receive their miners with a rather messy paste job?
|
|
|
|
personally at this point im hoping there are major delays and i can just get a refund of my exact amount of coins. Its clear at this point the correct move would have been knc and as much as I dislike BFL, BFL may end up shipping before hashfast.
There are a lot of people kicking themselves for not going for a KnC product, myself included. |
|
|
|
Ive got respose today from Steve.
Just to be clear. Ive voted for "stay" (not refund). But steve did not react on my PM, nor gave me any info about what he was doing with my money..
In todays PM he stated that he has already bought KnCs and will give me hashing power or refund me from profit generated by KnC.
Besides the obvious fact, that he did not ask if I want to go for KnC - I am not sure if KnC will deliver.
Some guys on e-btc were talking about KnC delivery and acording to them KnC is delivering 1of8.
Ive asked Steve for a copy of the order (invoice). Since he used my money for it I thing that thats within my rights..
Steve also said the same to me, though I didn't want to post it, rather waiting until Steve got his house in order and told us all. From what I gather KnC should be able to deliver, though I think they had delays with their first units? |
|
|
|
I just hope to god SB tax declared it as valueless, or very low value, similar to the refund value or something... (ie paperweight of educational value only) or I have to pay another 200 bucks in VAT on import... that's gonna suck balls... I may consider just refusing to collect the shipment and let it return to Steamboat if that is the case...
It arrives tomorrow, so we'll see...
Yep, I got fucked. 245 USD in value added tax. I'm not going to collect, so SB probably have to fork out return postage when the miners arrive back in Miami. Sweet... I paid close to 1500 USD and got nothing to show for. Steamboat, your goods deprecated close to 90% in value between payment and shipping the miners, why didn't the tax/export form reflect this... I can't take delivery of the miners now. Sorry. Ah crap. I was hoping to avoid a huge duty. Well, mine arrived in the UK, I'll know the damage soon enough. |
|
|
|
BTC payments were instantly converted to dollars by BitPay so SB could pay suppliers in dollars.
I can almost guarantee refunds are going to be processed in dollars, then converted to BTC (with unfavorable results for us). The exchange rate was miserably low when I paid, because like others I was trying to meet the deadline SB had laid out. And I'll likely be punished for that...
That will almost certainly cause a shitstorm. He's already talking about keeping 75% of our assembly costs. Throw in a screw job on the exchange rate, and my assembly funds would be just plain gone. Hell, do enough voodoo with the exchange rate, and we could all end up owing SB money! ROFL! This just keeps on getting better and better, eh? It's _almost_ like this was a high risk investment--I sure wish someone told me that before I consciously sent a stranger on the Internet money! Oh well, maybe I'll learn my lesson one day, and take the wins with the losses.... [edit; grammar is hard] I agree, I'm not happy about making a loss, but I did know full well how risky this was. |
|
|
|
|
Show Posts
