To answer your subject line, no, I'm not under the impression that Avalon is going to take away from BFL customers (at least not in any substantial way). The way I see it, Avalon is great for people getting into ASIC on a smaller scale, maybe 1 or 2 units. They're more expensive, vastly larger than BFL units, and draw more power. I've got an order in to BFL for 9 Singles and a Jalapeno..and all of them will be able to sit on a single shelf (and cooled properly at that). I could have placed the order for 9 Avalons, but that would require a 40U server rack to hold it all...not to mention I'm not entirely sure my house is laid out to supply 3600watts over an outlet (though I know zip about electrical engineering, so maybe someone could enlighten me here). To that end, Avalon is still just offering a single product, compared to BFL's variety (which can tailor to a number of financial situations). And BFL accepts a few different pay methods as well  BFL currently has their estimates of shipping their first wave of products to customers February 18th. Avalon is currently (or at lest one) shipping their product to customers and delivering 65Ghash/sec per unit. They SAY they're shipping 12 per day, meaning that let's say they continue to ship between now and the 18th, that'd be 14 THash/sec added to the network before the first BFL box even leaves their facility. That would represent a 50% growth in network speed and (I'm guessing) a 50% increase in difficulty, which (I assume) would mean a 50% drop in income for BFL customers who were counting on a quick ROI assuming they'd be first to market.
ASIC mining will be profitable even after we break into the 50m difficulty range, and long afterwards as well. Adding 14TH/s to the network isn't actually very much when taking into account all ASIC orders from all companies. Side car question: Is the assumption that the thousands (?) of ASIC miners will eventually just corner the market and split the 6 blocks per hour once GPU miners drop off due to decreased income? I couldn't find a thread that discussed.
ASIC miners will undoubtedly take over the market and split the 6 blocks...just as thousands of GPU owners do right now. |
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also, how long will we have to pay after we submit the order?
Immediately. There isn't any leeway on orders..meaning you pay when you order. |
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I just think it's cheap looking I think it is "neat" looking. Given how many miners proudly display their rigs housed in milk crates, I'd say plenty value performance more than packaging. Ha, most definitely! I was just making (poorly) a "Made in China" joke  |
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Second level of verification seems to be put into play:  Fantastic! Glad to see there's one working product out there in the hands of a consumer. Let's see how Avalon handles getting the other units out..and whether they all maintain 66GH/s  |
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Units are like mice. If there's one, there'll be lots of them.
You're probably quite right. So if Avalon has kept up with their unit assembly and shipping, we should be expecting to see dozens of delivery confirmations over the next 2 or 3 days As I've seen posted in someone's signature, "This is Bitcoin. I won't believe it until I see 6 confirmations" |
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OMG it's modular we're all gonna die!  Looking at the image of this ASIC gives me just about the same feeling as when I first saw the Chinese "fake hard drive"  Related: Outside Inside For the record, I obviously don't think the ASIC is fake. I just think it's cheap looking |
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Soo..that's what $1300 of parts look like, eh? |
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that... isn't a standard american 120v plug... if i'm not wrong, it looks like a 240v plug. i wasn't aware avalon's needed such.
Let's hope somebody's got a converter My God, it's full of fans!
Three in the front, but none in the back...just two holes with covers. Avalon actually shipped and delivered ASICs an ASIC!
FTFY |
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New tab opened in chrome so I can hawk the new tweets... Anyone else wasting away time at work anxiously awaiting the arrival of the first ASIC unit? * slowly raises hand as he looks around the room Mayyybbeeee... |
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Avalon just wants BTC sent to an address (as far as we've been told)...which is incredibly sketchy.
Umm. Where did you read this? Certainly Avalon will be using a payment processor like Bitpay or a similar processor. That just doesn't make since to me. They will be using WalletBit. (Not some anonymous address) My apologies for spreading FUD, seems I missed that part. Adjusted original post. |
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I feel that the conditions for Avalon's batch #2 don't seem to make any sort of financial or business sense. I'm actually really curious as to how they plan to get a vendor to accept 100k + of BTC and what the heck any vendor would do with such a large amount of BTC. Dumping it on the markets would simply devalue it and holding on it would not pay the bills.
Exactly! BFL utilizes BitPay to convert any BTC payments right to USD so they can cover their bills. Avalon just wants BTC sent to an address (as far as we've been told)...which is incredibly sketchy WalletBit. Not to mention I doubt their mysterious supplier accepts Bitcoin to begin with...though it is possible, don't get me wrong. From my point of view, this reeks of business incompetence...and we've seen how that turns out for other companies, from GLBSE to bASIC. |
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Not that it's my business of course, but it still pains me to see dumb people do dumb things, especially when it's easily preventable.  Can... can smart people do dumb things? Nope! |
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my initial reaction was to get my bitcoin wallet ready and prepare for camping out in the waitline, but since theres no proof of asic delivery yet theres no way im throwing $1500 into an unidentified, irretrievable bitcoin address
im not that stupid
But unfortunately I'm willing to bet there are 600 people who are. Not that it's my business of course, but it still pains me to see dumb people do dumb things, especially when it's easily preventable. |
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He's been here since Christmas Eve man! ...obviously knows everything there is to know about all the principles.  Ha, I know right. There's been quite a number of defensive newbies coming around all of a sudden. Seems suspicious Or maybe we're just jaded after being here for quite some time... |
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There is no SCAM.
Ah, nice. You must have quite a bit more information at hand than hundreds of the rest of us. Care to explain? |
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Interesting update. I am still doubtful of BFL not delaying through. After you roll 1 ten times, you start realizing the dice is loaded
Or you realize that you just managed to roll the dice ten times and get a 1 each time, a 1/60,466,176 chance But yeah, if this was a Craps table I'd be calling BS on those dice |
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This is precisely why most people running bitcoin businesses or writing bitcoin software think the forum is a ghetto.
Back to ignore, you.
To bad the people running bitcoin businesses are all scammers. Look at bitcoinasic.net.... Who would have thought Tom to be a scammer? What a shame. The community may talk down on "businesses", but with good reason. Not entirely true. I imagine there are a number of businesses out there with wholehearted intentions. However, who do you think gets the most attention..a well-intentioned small business, or the latest scam to come to Bitcoin? Oh, and Tom isn't a scammer (yet)...he just failed to run his business properly. People are still getting their refunds (slowly). |
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Well, that's not so far fetched. Think about it this way...who would you rather believe, a truthful man who once told a lie or a lying man who once told the truth?
It's a lot easier to believe a person when they're up front and honest with you the entire time, even if what they end up saying at the end is a blatant lie. To listen to a deceptive man keep you in the dark, but then present you with the truth, is vastly more difficult to take seriously. That's why even with these latest images, there will still be huge shadows of doubt cast over the Avalon team.
[...] aside from those 2 points, i think most people are annoyed with the lack of information rather than misinformation. Technically, a lie can be defined as anything that gives (or is meant to give) a false impression, whether through misinformation, confusion, changing topics, omission, etc. It's not necessarily about what words were spoken or unspoken, but rather the intentions of the person. That said, I don't think I have anything to add to your list (nor have I looked). I was just trying to make a basic point I'm sure we'll all have our answers with the next couple weeks. |
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rofl.
post pics or it's a scam.
here's a pic
nice pic from a scammer!
Well, that's not so far fetched. Think about it this way...who would you rather believe, a truthful man who once told a lie or a lying man who once told the truth? It's a lot easier to believe a person when they're up front and honest with you the entire time, even if what they end up saying at the end is a blatant lie. To listen to a deceptive man keep you in the dark, but then present you with the truth, is vastly more difficult to take seriously. That's why even with these latest images, there will still be huge shadows of doubt cast over the Avalon team. |
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