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521  Economy / Goods / Re: 250 or 200 BTC for borrowing your Avalon on: May 01, 2013, 11:44:10 PM
Bump.

Yochdog is currently giving me the best offer (you do have the Avalon in hands right now, it is not a preorder right?)
522  Economy / Goods / Re: 250 or 200 BTC for borrowing your Avalon on: May 01, 2013, 05:23:39 AM
I will probably do an auction for this offer. Someone agreed for 250 BTC. So I will do it for him at this amount, unless someone is willing to loan it for 249 BTC or less (1 BTC increments work well I guess)
523  Economy / Goods / Re: 250 or 200 BTC for borrowing your Avalon on: May 01, 2013, 05:16:15 AM
Hum, I am getting quite a few offers, I may reduce the deal from 250 to 200 BTC. Still a reasonable offer IMHO.
524  Economy / Goods / Re: 250 BTC for borrowing your Avalon on: May 01, 2013, 05:13:11 AM
Oh, I do have the 250 BTC (and a lot more than that).

John: wasn't sure which subforum best fit my thread. Move it if you want.
525  Economy / Goods / 200-250 BTC for borrowing your Avalon on: May 01, 2013, 02:54:19 AM
Have an Avalon (in your hands, not a preorder)? Are you in the USA? Want to lend it to me? I will pay 200-250 BTC to physically borrow your Avalon for 90 days. What I will do:
- I will open it up and probe PCBs and components with an oscilloscope and multimeter
- I will measure dimensions and weight of all internal components
- 90 days later, I return you the Avalon, and you keep the 200-250 BTC

This is all for a project that I will reveal more information about later.

Why you can trust me:
- my identity is public: see my website http://zorinaq.com
- I am an old trusted member, I joined the forums in December 2010
- I sold tens of thousand of dollars of mining hardware with great reviews: https://bitcointalk.org/index.php?topic=122187.5
- I have great ratings on bitcoin-otc (user mrb_): http://bitcoin-otc.com/viewratingdetail.php?nick=mrb_&sign=ANY&type=RECV
- I will personally do the work on your Avalon in my electronics lab, no third-party risks
- I have collateral to re-imburse you or give you equivalent hardware, in case my probing renders your Avalon non-functional, namely I have 2 Avalon second batch preorders, 2 Avalon tradeins, 4 BFL Single 60 Gh/s units ordered and paid on June 24, 2012 (in theory I should receive all of this mining hardware in the next 90 days). I can work up an arrangement to plan for what happens exactly in this case.

I am in the Los Angeles area and would much prefer travelling to meet you in person and take delivery of it, as opposed to shipping the Avalon. I do not think I want to take the risk of international shipping + customs, so my offer is only for those with Avalon units the USA.

Email me at m.bevand at gmail.com
526  Economy / Service Discussion / Re: Bitcoin-Central.net "We have been compromised" on: April 30, 2013, 05:27:11 PM
OVH CEO confirms that a flaw in their password reset procedure is what lead to the compromise of bitcoin-central:
https://news.ycombinator.com/item?id=5632479
527  Bitcoin / Pools / Re: [8500 GH/s] Slush's Pool (mining.bitcoin.cz); TX FEES + UserDiff; ASIC tested on: April 30, 2013, 05:26:06 PM
OVH CEO confirms the security flaw by which slush's pool was compromised:
https://news.ycombinator.com/item?id=5632479
528  Bitcoin / Hardware / Re: [Avalon Asic] trade-in Thread on: April 30, 2013, 05:08:45 PM
Okay, all. Thanks for explaining. I always thought trade-ins applied to existing batch limits. But I too would prefer to trade them in for additional Avalon units.
529  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: April 30, 2013, 09:18:41 AM
Variance will only remain a non-issue if they keep adding hashrate so that they remain at a constant proportion (or increased proportion) of the network. As soon as the their proportion decreases, variance will increase.

friedcat estimates he will average 10% of the network over the next 12 months. If that is true, variance will not be an issue in the next 12 months.
530  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: April 30, 2013, 09:14:46 AM
You should consider p2pool instead of solo. Your traffic stays local like solo, but your variance is decreased like it would be on a pool.

Come on Diablo, with 8 Th/s, variance is a non-issue. They mine 500+ blocks per month on average. They have more chances of being hit by thunder 10 times than to mine zero blocks during a specific month and being unable to cover their monthly expenditures.

p2pool leads to a higher orphan rate than solo mining.

Solo mining is obviously the best choice with 8 Th/s.
531  Bitcoin / Hardware / Re: Received BFL Jalapeņo Today! on: April 30, 2013, 04:05:49 AM
My order number was 1604.

How can this be true? BitPay was doing API tests and during their tests ISTR they created order numbers around 1630-1640.
And the first real order numbers for SC's started around 1650-1660: https://bitcointalk.org/index.php?topic=89685.0

So how can you be 1604? Typo?
532  Bitcoin / Hardware / Re: You give me your Avalon chips, and I will house them in a "condo" on: April 30, 2013, 03:46:41 AM
Price in Bitcoins = ((Hashing power in GH/s) * 155,520,000) / (Current Difficulty) * (1 + (Months to come online from today)))

A 10-chip unit has hashing power of about 2.82 GH/s, and I figure I can have the first condo system running by July, so each condo unit is priced at

2.54 BTC <-- new price per condo unit, minus the cost of your chips

Either your math, or your formula is wrong. The price for a 2.82 Gh/s unit should be, assuming 2 months to come online from today:

(2.82*155520000/8974296.01488785)*(1+2) = 146.60 BTC, not 2.54 BTC

Your math is wrong, your terminology is confusing, you are not re-assuring people you have EE skills to assemble the chips in functional units, etc... I don't think you will attract any customer this way.
533  Bitcoin / Hardware / Re: Who else from Avalon batch 1 hasn't received a unit or shipping information? on: April 30, 2013, 03:40:05 AM
melmo, what country do you live in? It may be your postal infrastructure that is slow (eg. I hear from people in russia that it can take 1+ month to receive an international package).
534  Bitcoin / Hardware / Re: [Avalon Asic] trade-in Thread on: April 30, 2013, 03:30:03 AM
They received numerous trade in board yet they did not even bother to at least confirm that they received them or to let us know if/when we can pay the difference :/

What do you mean "we can pay the difference"? I ordered Avalon units, paid $1499, sent my trade-ins, so I expect them to pay me the difference, ie. send me $200 per Icarus.
535  Bitcoin / Hardware / Re: Is this a Fourth ASIC supplier? on: April 29, 2013, 09:57:24 PM
I thought about that and put in 2TH for non asics getting turned on in the last month which is a LOT when you figure it out.   So, I do not believe you can make a credible argument for 10-12TH/s of GPUs and FPGAs getting turned on in the last 30 days.   It took two years to turn on 18TH/s of these.

Actually, yes, it is most likely GPUs. You failed to look at the right historical data. Between May and July 2011, we went from ~1 Thash/s to ~15 Thash/s in just 2 months, and it was 99% GPUs.

Because the Bitcoin bubble and publicity is even more intense this time, it is not only plausible, but IMHO the most likely explanation, that 10-12 Thash/s of GPUs went online.
536  Bitcoin / Hardware / Re: [Avalon Asic] trade-in Thread on: April 28, 2013, 07:29:30 PM
Just want to add my own experience:
- I shipped 2 x Icarus from the USA to China on April 24, via UPS, with tracking service (which was apparently optional), with a declared value of $60. I made sure to write "China" as the country of origin on the waybill.
- The 1st delivery attempt failed on April 27: "The driver was unable to collect funds on the 1st delivery attempt. a 2nd delivery attempt will be made. / Delivery rescheduled".
- The 2nd delivery attempt succeeded on April 28.

I don't know what the 1st failure mean. Did Mr. Chen pay import tax duties? Did the driver just not ask for them on the 2nd attempt? Anyway the package was delivered.
537  Economy / Auctions / Re: ASICMINER Auction: 50 Block Erupter Blades on: April 28, 2013, 04:50:34 AM
12@27
538  Economy / Gambling / Re: 280 BTC total bets between Micon and mrb (are BFL ASICs real?) on: April 28, 2013, 03:04:45 AM
Good eyes spotting gigavps' report. Since my 200 BTC bet with Micon was on the same terms, I seem to have won too Smiley

In all fairness to Micon, it is unclear whether gigavps measured 30 Watt himself or not. Personally I am totally fine waiting for a few more reports before claiming my 200 BTC from Micon.
539  Bitcoin / Hardware / Re: Looking for an ASIC solution on: April 28, 2013, 02:29:04 AM
Your main issue here is your budget. You won't even find a preorder for anywhere near that price

Actually yes. A Jalapeno preorder only costs $274.
Who knows when they will ship, but preorders at this price range do exist.
540  Economy / Gambling / Re: 280 BTC total bets between Micon and mrb (are BFL ASICs real?) on: April 28, 2013, 02:24:46 AM
I added another user (hdsolar) who reported receiving his Jalapeno. That's 3 users total so far.
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