Good morning everyone. Firstly, thank you all for the support, I appreciate it. There's not much I can do other than hold up my end of the bargain and prove the naysayers wrong, and that's what I plan to do. Secondly, I wanted to remind everyone that I work Monday-Friday 8-5 Central time (yes I am late to work). My evenings however will be pretty much dedicated to this for the time being. Thirdly, My first point of business tonight is to figure out who needs refunds and get that done. I have almost a month to figure out ownership percentages etc. before our Avalon's get here, but I would like to make sure the people left out of the group buy get their funds back ASAP. I have about 7 PMs that unfortunately I cannot answer right now, as I'm already late for work. I will get back to ya'll this evening. Thanks, CoinHoarder
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Ok, I'm really serious. I'm not answering any questions or anything until tomorrow after I get off work.
Don't worry, your funds are safe. I will figure out who owns what in the next few days. Just bear with me, there's a ton of work to do on my end. I wish I would have charged a higher percentage actually because I am working my ASS off for this group buy...
So please, let me take a break the rest of the night and I will be with you all tomorrow.
Thanks and goodnight,
CoinHoarder
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Yes. All Avalons were bought with the extra module and a PSU
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Did my 1 btc get through in time ?.....
Anyone that deposited right before or after my last post that we bought the fourth Avalon, then you are probably not included in the group buy.
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Awwwwwwwwwwww
Sorry bro, as trolling has picked up, the flow of coins has stopped. I don't think there's any way we're raising enough for another Avalon tonight. I haven't slept in almost two days getting these group buys together for everyone and I hope everyone appreciates that. I am going to go get some much needed rest. And remember people, I work 8-5 so I am usually unavailable during that time. Thanks everyone
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Ok... thank you trolls for your expert advice. Surely no one has ever thought of these things you're all saying before, so I thank you for pointing them out... This group buy is hereby terminated. DO NOT SEND ME ANY MORE COINS! All unused coins will be refunded to the investors that are not included in the group buy within the next 24-48 hours. It will take me maybe a few days up to a week to determine ownership of the investors in the FOUR four module 85Gh Avalons. Please bear with me as I get this information together. I will need to go through hundreds of transactions and millions of PMs/replies here on BTCTalk and Btc-e. Thank you for those that put your trust in me, I will not let you down. Don't let the haters cloud your judgement of the worth your investment. I think we are all going to make a lot of BTC together.
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I can't believe everyone is just blindly piling on and sending some random guy on the internet their hard earned BTC. Yes, the way bitcoins are going, it's hard not to get excited. However, if you only take brief look in the securities and/or scam forums, you only have to see how many shared mining operations went bust. Even the ones that didn't and were run by established members of Bitcointalk (ie. Gigavps, Amazinggrando etc) have resulted in major losses for their investors.
Worse yet, those operations actually had contracts and still folded despite being verified by the GLBSE stock exchange. However, with Coinhoarder's operation, you are paying first and hoping for the best. You're buying him four Avalons with nothing in writing.
In the words of Avalon... you just gotta trust me. No one is forcing anybody to do anything. I have provided verification of my exact identity and address to several investors. I have no intentions of scamming anyone, I only wish to provide an Avalon for people who can't afford one. If that is too risky for you, then don't invest with me please. I am sorry things are not very well organized, this was a last minute thing that I did not expect to get so much interest in. But, that being said, it is still well within my means to provide such a service to you guys.
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It would be very nice to include the emails from Avalon showing the order details (with your personal details removed, of course) so we all see the items have been ordered.
I PMed you and am in for 5 btc.
Are we equally sharing in the output from all the Avalons, or are the people from the first 2 purchased going to share in those 2 and the people from the next 2 purchased sharing from the profit of the next 2? I suggest we all get dumped into one big share pool.
Ok, great Everyone is equally sharing in the profit of all Avalons in the proportion that they have each invested.
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How much do you need for another unit?
We only have 18 BTC in group funds right now, so about 85 BTC more needed for another 4 module unit. I will consider only purchasing a 3 module unit if that's all the funds we can get. Ok sent 1btc
From
16hijiSkt9NCpoUWCyiM57Y1VSWWpHcaRB
Received.
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16 BTC collected towards the next Avalon.
Deposits have really slowed down and I haven't slept for almost 2 days organizing everyone's payment and ordering Avalons.... I may end this soon if deposits don't pick up.
Also, brb for 5ish minutes.
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Question
These avalons draw alot of power
Is your house wiring upto it?
Do you have 3 phase power supply?
Also heat, do you have good ventilation to a cool heat sink
I have a 30amp 240v circuit and a 60amp 240v circuit available, which will be more than enough to power however many Avalons we end up getting. No, I do not have 3 phase. IF neccessary, I will get some portable ACs. But, I have no trouble keeping my place cool with 5,500w of LTC miners going, so I don't see how this will be any different. I will be selling most of my LTC rigs to make room for the Avalons.
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It certainly is amazing. Since this has gained so much traction:
1) Are you planning on writing up a contract? My father has informed me I need a contract, however I don't see how I can make anyone sign anything, much less EVERYONE. I am not sure what I'm going to do about this. The money is starting to get too large where maybe a contract is definately needed. I just don't want everyone to turn around and call me a scammer because I all the sudden require a contract. 2) Will you be looking into storage locations, etc? It seems that at ~.12 Kwh you were planning on running this at home (many industrial settings seem to have lower electricty costs). I will definitely look into beefing up security around here, but I still plan to run these from home. I might get a nice security system or something. But, again, I'm only charging 3%, so all this stuff will really eat into my profit, maybe making it not even worth doing. 3) Insurance? Does Avalon offer warranties, etc? Avalon doesn't give warranties, but I could get renters insurance which will cover everything inside my duplex.
All of these things are up for negotiation. If you guys want to take part of the proceeds and beef up security, get good insurance, etc. I'm all for that. I am just interested in collecting funds right now. We can sort through all the details later.
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How does it feel to spend 400 coins in one day!? Mindblowing CoinHoarder, thanks to Davecoin i can send the 0.14 btc in short, as soon as the payment is processed i will redirect it to you so count me with 1 btc thanks Ok perfect
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Alright guys, don't worry as long as you PM me or post in here the exact amount you're sending, the address you're sending from, and the transaction ID there's nothing to worry about. All funds are safe with me, thanks for your support!
Current group funds for the next Avalon are at about 16 BTC
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Congrats everyone, we have purchased another 4 module Avalon ASIC!
I will keep accepting funds as long as people still want to invest and/or Avalon runs out of units.
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can i send you 0.86 BTC and the rest 0.14 to the 1 btc as soon as virwox sends it to me? they have been killing me all day, please...
can ANYONE borrow me 0.14 btc i will return it asap (probably tomorrow after virwox sends to me) so i can complete the btc? please
For you, yes I will accept that. Please send those exact amounts so I know it's you. Thanks
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I'm in for 5 TXID: 4b11a5cb33e43f9c6b64520f67f709eaf4dd487dd35f416dba906e3fabd0c583 Yep, confirmed I'm interested!!!
Now time to read the post.
Awesome- the more the merrier EDIT: ~94 BTC currently in group funds for another Avalon.
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10.1 from 12iLCjuPrTCjyuWFp7UcWYonnXNK7Ce6pp
confirmed. Thanks 1LhxbuoifFNEjv8xC3yufrAMXST4zpXZx6
Sent 2BTC
confirmed. Thanks
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I now bought a 85GH Miner myself and will invest the remaining bitcoins here. Its only 4.06408002 from 1CcZUpRsRL94hnPCfFcwDx4PDxHUyyiKob but maybe it helps a bit to buy one more machine.
Awesome, thanks for contributing! We now have 39 BTC towards the purchase of a new unit and counting!
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congrats for the orders. proposition, even if i'm not part of this : miners/investors make sure we don't have another bitcoin mining operation drama. Consider making some kind of contract with OP, perhaps let some well-known member of the community be involved in the procedure of identifying OP.
Good luck and good hashes.
Yes, I wasn't expecting this kind of response. A proper contract everyone can agree to might definately be in order. For now, I am just trying to collect funds and buy units as the window of opportunity is slowly closing. Thanks for the good wishes.
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