Terrahash promised to ship boards within two weeks of receiving Avalon chips, so the clock really doesn't start ticking and they haven't broken any promises unless they don't ship within two weeks of receiving the chips.
Ok, I will no longer have vested interest here soon, so I have no reason to bite my tongue or give Terrahash the benefit of the doubt. Uh, no broken promises? Ok, lets reflect: We will be canceling at 6pm today, all wire-transfer orders placed on Tuesday, for which we don't receive a wire by today evening. Only in very rare cases (mostly where the wire is coming from out of the country) we will restore orders if the wire comes in on Monday or Tuesday. All other wires coming next week will be returned. We also won't change shipping address and/or email addresses associated with an account (except for rare cases). We will compile all the order data during the weekend, and on Monday we will send out an email to all the customers letting them know whether their order falls within the first batch of 20,000 chips or the 2nd batch.
The largest order we have is 2 DX Larges.
We will send an email day after tomorrow to everyone know where they stand.
We will be doing FCFS with orders that have been paid by yesterday. The 2-3 days waiting period is only for the orders paid with Bank Transfer.
We have 20K chips. We will be ordering more today. Avalon will be making chips in bulk. We believe chips ordered today will be shipped at most a couple weeks after the ones ordered in April, not 2 months.
We will send an email day after tomorrow to let you know whether your order falls within first batch or not, and when can you expect it to be shipped. You can then cancel your order or choose to keep it.
Are you providing software along with assembled boards? Assembled boards are nice, but if there is no software to run it, there is no point in assembling it.
Yes, BkkCoins is working on the cgminer driver, we'll be contributing as well.Are you going to donate some boards to software developers for them to write it (Bkkcoins, Ckolivas, etc)... 
I assure you, we are doing the business on minimum margins, and will actually be providing a great alternative to DIY assemblers. Putting those chips on the boards manually is next to impossible, and getting it done from an SMT facility is very expensive if done in small quantity. Our purpose is to not wrestle the control out of your hands at all.
1. We are publicly committing here that any information we get from the testing/debugging the circuit, we will submit it back here on this forum, and to BkkCoins so that he could update his designs. Any changes we make to the circuit will also be submitted back.
2. We won't be using any proprietary code. We will be licensing the code from you. If we do make any changes, we will release them to public. We are committed to pay a royalty fee for every board we sell to you.
We actually have the resources to design our own circuit, but we wanted to help the open source initiative by expanding it further. I have offered my help for the firmware in the past as well, but wasn't replied to.
And finally... They took the money, according to their words, it could now be classified as a scam. I still think they can pull it off, but you cannot take that much money as payment and then go dark. And I am not even gonna comment on every single person trying to label us as a "scam". How can we be a scam when we are not even asking for any money? In the last 2 days, we have received a request to accept pre-orders from at least 150 people, offering to buy around 10000 BTC worth of our products in total. If we were a scam we would have happily taken that money.
by the way,,,thats a nice synopsis atomic  |
|
|
|
your funny  |
|
|
|
ok, got to go mow the yard the show must go on.. |
|
|
|
Ticket input for cancellation 2 minutes ago for order #548.. Enjoy the bump up in the queue (hopefully). Best of luck to you all. I hope Terrahash comes back and unveils that they have secretly been working on improvements, and that everyone's hash rate is now doubled for no extra cost.
 A big wave of dispair washes over Scornflakes. I cancelled my order yesterday. Paid via wire; was told must be refunded over wire as well. I offered to take BC. Tried calling several times today, they're not answering phone. In fact, their v/m is still not set up. This whole thing is either a scam, the people that are running things over there don't give a rats ass, or they're utterly incompetent. I have run multiple businesses over the past decade; I would never dream of treating my clients the way Terrahash treats its PAYING customers. I hear ya scornflakes...I am a retired businessman, also,,,,this is absolutely blowing my mind....I try to say to myself "well this is just what others have been going through if they want an asic at a realistic price" but i don't know if thats even so now?....BFL sux big time,,,but they did try to post statements to reassure their customers,,,even tho they were just buyng time.... |
|
|
|
Ticket input for cancellation 2 minutes ago for order #548.. Enjoy the bump up in the queue (hopefully). Best of luck to you all. I hope Terrahash comes back and unveils that they have secretly been working on improvements, and that everyone's hash rate is now doubled for no extra cost.
lol atomic,,,i'd be happy with any hash rate right about now or hopes of" ,,,,still thinking about just tripling my gpu farm for litecoin |
|
|
|
Paypal 45 day buyer protection ends on August 2nd.
Hopefully Terrahash receives Avalon chips in mid July, but based on Avalon's track record, the chips will likely be late leaving Terrahash buyers in limbo.
Terrahash promised to ship boards within two weeks of receiving Avalon chips, so the clock really doesn't start ticking and they haven't broken any promises unless they don't ship within two weeks of receiving the chips.
The clock is ticking.... for sure... |
|
|
|
.... Im sure if TH gets ahead of that pack and develops a working board they won't be rushing to share their efforts to the competition for free? or right away anyways, enabling the competitors to use their final board designs? perhaps on the software they would share....just thinking out loud here...lol
That action (holding back the changes and not releasing them back) would be explicit breaking of the open-source license under which BKK design was released and could lead to successful legal action against TerraHash. Not to mention that it would be breaking the promise that they mad on this forum that they would release any changes to the community. They were begging BKK to release the design early promising the moon to him, just that they can make pretty pictures of non-working, even non-powered prototype, and start the pre-sale. Well thats all good what you say, but explain then why bkk has'nt heard a peep from TH in quite a while now "if" they are/were working so closely and are regarding open-source agreements....something just isn't adding up here |
|
|
|
I'm canceling. Was going to hold on to resell, but not tying up funds right now with ASICs dropping under 50% value by mid-August, better to buy BTC under 70-80. Will post the progress of the cancellation.
Good luck all!
Let us know how the refund process goes...( are you paypal?)im weighing my options also now. Lack of communication from TH and other factors as you mentioned. Good luck! Yes, I opted for Paypal luckily, as I was on the fence, but don't mind mitigated risk. I'm waiting until later tonight on the off-chance someone wants to pay a few BTC to move up in the order chain and take over the account. Unlikely, as it is high risk, but figured I'd put it out there just in case. How are you requesting refund? thru the new support link/tab or calling etc.. i have never cancelled a paypal order before ,,,so thats why im asking |
|
|
|
I'm canceling. Was going to hold on to resell, but not tying up funds right now with ASICs dropping under 50% value by mid-August, better to buy BTC under 70-80. Will post the progress of the cancellation.
Good luck all!
Let us know how the refund process goes...( are you paypal?)im weighing my options also now. Lack of communication from TH and other factors as you mentioned. Good luck! |
|
|
|
I've been following this out of curiosity. The thing that never sat right about this whole thing is the case design. As someone who is working on my own case for my personal project I know about the subject. There is not nearly enough room for heatsinks, airflow, and most importantly cords/cables in the TerraHash case. The edge connectors on those boards don't have enough room to socket either. The non-functional case design and low price brings the whole thing into question for me. Im not sure if this has been addressed before here.
Thats a hard one to say? their design appears to allow some room under the fan mounting for cabling and daisy chaining the boards etc...but could be tight....Im sure they must have taken that into consideration in the initial design ? and the heat sinks appear to flow one direction...but thats just based on what we can see, so will be interesting to see. I plan to build out my own case from ATX mid tower cases...(with mods) or at least thats the plan right now...lol There is not sufficient room for the cable runs in that tiny area. There is no room for proper heatsinks and airflow. This design is way too tight, and if they expanded it to a proper size it would have to be 2x as large. I stand by my statement that that case design is unworkable. I can't believe that more people don't see this as a red flag. I wonder how people ever got past this. Could someone other than MinermanNC please tell me. In reality only a few cases have actually been ordered. So most probably havent paid it much attention,,,good luck with that one |
|
|
|
In the meantime back at the ranch" BTC value is falling through the floor  |
|
|
|
If TerraHash are doing their own development work on bkkcoins' design, which could be great (two heads are better than one), I do hope that they will be feeding back to bkkcoins to help him. It would be somewhat out of the spirit of this open source project if design/information only flows in one direction - to a commercial operation. Let's hope "haven't heard a peep" turns into "got some great feedback from TerraHash". I'm sure they have some great contributions to make.
Defintely agree there, but at the same time bkkcoins is involved with a few other wannabe" start up companys for asic miners as well. Im sure if TH gets ahead of that pack and develops a working board they won't be rushing to share their efforts to the competition for free? or right away anyways, enabling the competitors to use their final board designs? perhaps on the software they would share....just thinking out loud here...lol |
|
|
|
Ya this is a bit concerning from bkkcoins: his words... "If you've been following the thread you'll know there are several errors on this board that need to be fixed before you can power it. And you'll have to bend the PIC pins under to fit the pads. I really don't have time now to write up a manual for a test board. You won't get good result capture unless you add another NOR gate off board. All reasons why people should not order boards based on prototype design files, as warned." with that said, how could we know which board Th is using for a test board? or if they have ordered any boards yet,,,we know about the chip orders,,,anyone know if they ordered boards?? I believe that quote refers to the K1 boards, which bkkcoins has put on hold for the time being while he works on the K16 (apologies bkkcoins if I've misinterpreted you there). You're quite right that he hasn't finalised the K16 design yet though, so it would be unwise for anybody to make lots of boards based on the current schematics. Give him time to work his magic. From what I read, Terrahash was in direct talks with BKKCoins and he would be receiving a royalty for every board they use. With this knowledge you can assume that BKKCoins wouldn't let Terrahash waste money on boards that are not working, meaning no boards have been ordered other than a few test boards just to play around with. Boards take almost no time at all to print and have made up so I'm not the least worried. Regarding BKKCOINS involvement with TerraHash: His Words:"I haven't heard a peep from them so have no idea what they're up to or if they have made new boards or software."So this would leave me to speculate they are developing their own boards resourcing their own engineers...which there is plenty of in silicon valley..... so this was a reason for optimism, because if TH is waiting on BKKCOINs for a working board, we are all in trouble from what I am reading. |
|
|
|
Final thoughts on this subject for now: It would not suprise me if they are working independently on the klondike, both in design and production and software, aside from what we may read on bkkcoins, and his projects. Hence they may just very well present a new and working board at anytime now as they stated they would, I dont think they would order 30,000 chips while waiting on a working board from another country..that would really give new meaning to "getting the cart before the horse" We may all be pleasantly surprised in the end! ok,,,Im feeling optimistic tonight  |
|
|
|
I think the paypal refunds issue is due to the freeze on their account, is it not?
Also, is Terrahash doing their own rework of the initial K16 separate from BBKcoins? I think they are waiting for him to finish the boards, correct?
No one knows since they haven't given any updates after they completely populated a K16 board over 2 weeks ago. They clamed to have engineering support so one would assume they are doing their own rework and modifications. No they did not want to wait for BkkCoins. They built a K16 before BkkCoins was able to start debugging his own design. Last word form TerraHash" notice they mention getting NEW boards printed etc? terrahash Re: OFFICIAL TerraHash Thread (Klondike/Avalon Assembly US) June 26, 2013, 08:20:09 PM #1527 -------------------------------------------------------------------------------- And to all other folks. We are very very busy and have very limited resources. Everybody is out today making arrangements, getting new boards printed, visiting the enclosure manufacturer to see which other material we can use instead of aluminum for the brackets (as the ones we received two days ago are very weak), setting up the assembly line for the new circuit board etc. etc. Please be patient, all your queries will be replied to. EDIT: So maybe perhaps they are reworking and or making their own boards?? would be nice to know |
|
|
|
Ya this is a bit concerning from bkkcoins: his words... "If you've been following the thread you'll know there are several errors on this board that need to be fixed before you can power it. And you'll have to bend the PIC pins under to fit the pads. I really don't have time now to write up a manual for a test board. You won't get good result capture unless you add another NOR gate off board. All reasons why people should not order boards based on prototype design files, as warned." with that said, how could we know which board Th is using for a test board? or if they have ordered any boards yet,,,we know about the chip orders,,,anyone know if they ordered boards??
|
|
|
|
Can you make a version with logarithmic scales? Given the exponential decay it would provide more detail for later years.
Hey there you are! lol,,,waiting for you guys to re open...we miss ya! |
|
|
|
Interesting thought, basically your finding an equal value in digital form for the dollar, for the purpose of transacting only? as if it were a dollar. So where would that leave the investment side of bitcoin and the specualting that can drive a profit (or loss) for bitcoin holders, or miners for that point..lol, and i think your suggesting using the BTC as an avenue or catalyst to make it happen. ( to purchase the equal coin/dollar) for sending money or purchases,,,sorta like is done now with a btc wallet or even a paypal of sorts. But i don't see how this would stabilize bitcoin? at least the way it exist now...or perhaps your saying create a new digital currency call it Dollar Coin DC that is just created by a new software etc...I dont think it could sustain the security and strength of encryption that btc does through the conformation cycles without mass users... and of course some sort of blockchain. ok,,,I don't want to over think it ... but will sleep on it! But I do see your concept..verdy intor'esting" just passing through keep thinking! |
|
|
|
Hey I hope I was wrong!! Thats wonderfull if they are coming with heatsinks, I was under the impression we will have to provide "cooling" as in heat sinks as well. So, thanks I will double check but that is great if so! EDIT: Just re read their website,,,It says nothing about heat sinks one way or the other? just "completely assembled boards" ok,,,Ill just email them and double double check,,,lol,, Not that Im doubting YOU Yes 'cooling' may need to be provided - in addition to the heatsink. The idea is the boards come with the heatsink but you may need/want to provide additional cooling (i.e. a fan or 5) depending on different factors - overclocking, high density placement, putting in a small enclosure, running someplace with a high ambient temp, etc Well at first i thought they did have the heat sinks,,,but didnt know that for sure,,,guess i "assumed" ( and I read so many other threads on people looking for heat sinks but that may have been more for development of case builders like bicknellski and company) but Im cool with creating airflow as I figured on that,,,but thank you for shedding light on that question! |
|
|
|
|
Show Posts
