What are the chances for burnin bitburners to make ROI and how long it will take?
I want to see my boards but I am afraid I will pay for that feeling severely.
Check for yourself: http://mining.thegenesisblock.com/I asked for a refund for the three batches and wait for yifu now. Regarding the batches. We have to keep batch 6, no choice there. If someone is moved into that batch it cant be changed. But it shouldnt be a downside at all since i think most of the batches before will be refunded so the remaining batches will be shipped the faster. The only question is if the remaining 2 batches should be refunded too or not. Good News... i received one Refund for a chip batch! Waiting for the others. I checked today and it isn't looking good. I wanted person to person opinion. I dont see a chance. I checked out everything. Alternate coins... there are none. I tried mining zetacoins but instead getting 160% of bitcoin revenue i got something like 60% or so. The only thing worth is merged mining. I do it at bitparking.com. Gives 2%+. Ill use a own p2pool server soon with merge mining. Then i can get transaction fees too. They are missing at bitparking yet. Thanks for your reply Sebastian. So one bitburner 20 chips can earn per 24h, how much BTC? thegenesis block seems to be calculating revenue for solo mining, not pool mining even they have pool percentage fee. (Time per Block (days)) column. How accurate is this? http://www.bitcoinx.com/profit/What is reality? |
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What are the chances for burnin bitburners to make ROI and how long it will take?
I want to see my boards but I am afraid I will pay for that feeling severely.
Check for yourself: http://mining.thegenesisblock.com/I asked for a refund for the three batches and wait for yifu now. Regarding the batches. We have to keep batch 6, no choice there. If someone is moved into that batch it cant be changed. But it shouldnt be a downside at all since i think most of the batches before will be refunded so the remaining batches will be shipped the faster. The only question is if the remaining 2 batches should be refunded too or not. Good News... i received one Refund for a chip batch! Waiting for the others. I checked today and it isn't looking good. Edit: I wanted person to person opinion. |
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What are the chances for burnin bitburners to make ROI and how long it will take?
I want to see my boards but I am afraid I will pay for that feeling severely.
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Or Yifu could make this simple and allow us to take as many chips we want and not limit us to 10k per order?
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Hi Sebastian, is there any chance of us getting a sensible estimate for the shipping dates of your batches from Yifu if you asked him? He does seem to have been quite communicative today, so you may have some luck. I think that this information would be useful as part of the process of making an informed decision about what to do next (although I'm certainly aware that any delivery estimates should be treated with caution). My strong inclination is to stick with the GB - I've made a deal with you and burnin and I always intended to stick to it. However, if Yifu himself says it will be Xmas before we see chips then it would be a bit silly to go on I suppose.
Anyway, thanks again for all of the hard work that you've put into this, it's really a shame to see things starting to unravel at the end. You've been a hero throughout!
Edit: tiros beat me to the question!
I like more the way you put your question.  |
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Do we have an answer when Yifu will refund chips group buy customers? Knowing how long it took to refund batch #3 Avalon miners maybe we are looking into few months of delays?
For those who won't opt for refund, is there any conclusive day of delivery?
I think that Yifu should give straight answer about delayed chips shipments and time of shipments, and than we could fairly decide what to do.
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burnin is 100% legal! He could deliver your assembled boards (excl. avalon chips) and thats it. He even do not have to refund the costs for assembling of the avalon chips if he already paid for an assembling slot or bought machines for e.g. Everything he refunds is because he is a nice guy. Think about that!
You have bailed out a while ago by selling your chips! You have ordered but unpaid for burnin service! I'am not arguing your statemant, but think you are hypocrit. My opinion, nothing else. Not to take anyone's side, but anyone could also wait and pay to burnin when chips come. It was expected for chips to have unknown day of arrival and having that in mind anyone could guess it is unwise to pay assembly in advance. Burnin himself offered delayed payment with wire transfer but many had to pay immediately and not think about it for minute or two. Of course one could guess that money will be used to buy parts and be ready for chips, and you shouldn't expect less from a german guy. I believe burnin isn't giving away his assembly effort nor his margin and I also believe he shouldn't. He is doing business and he is good at what he does, and if some of us made mistake by paying upfront, burnin shouldn't pay for it nor feel obligated to compensate for anyone's lack of clear judgement. I posted this not to flame wars, but to state my opinion. An hypocrite for being reasonable!? I don't think so. |
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I wonder how much time will it take for Yifu to process chips group buy orders!???
Today he was quick but refunds were delayed for months on Avalon batch #3 miners.
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Looks like group buy organizers will get their chance to get refund on delayed deliveries as per Yifu's say or chance to choose what to do. FYI Dear BitSyncom,
I organized one of the first group-buys for Avalon ASICs with a total of 80k chips during the second half of April. I already received the first two orders, and while they arrived later than agreed, I understand the difficulties you faced with delivery and am happy to have enabled some DIY projects to produce boards with an expected break-even potential.
With the further delays and the recent development in the mining market, we already passed the point where your chips will ever see a ROI. While the accelerated development of next-gen ASICs and the resulting increase in difficulty is every miners' risk issue, the delay is not. Decision to order the chips was based on your ToS giving a 9-10 weeks delivery time, and with the remaining orders being late for at least 8 weeks you for sure are aware that the chips lost their chance to make back their investment.
As you can imagine, all users desperately waiting for their chips are becoming more and more impatient. I personally have ~200 very sad and upset people in my group-buy and I feel very desperate and helpless not being able to do anything about it.
Yifu, it is only some months ago where you have been one of the most respected and honored person in Bitcoinland. I strongly believe that all this mess is a result of issues out of your control. Nevertheless with power comes responsibility, and now it is on you to take responsibility for the masses of folks out there who put serious amount of coins into your chips. If you really care about Bitcoin and its community, you can't just stand there and watch how disappointed users leave the scene.
As group-buy organizer and large-scale buyer I would like to suggest you several options to compensate chip-buyers for the late delivery:
a) refund: no chips, full refund
b) compensation in BTC: deliver chips, compensate XX% of the initial price
c) compensation in chips: deliver chips, add YY% more chips as compensation
d) compensation by upgrades: no chips, convert orders to next-gen chip orders
Would you be willing and capable to consider those suggestions? If so, I'd be glad to negotiate between my group-buyers and you to reach some agreement acceptable for both sides. Also, I would include other group-buy organizers to come to a generic agreement. For the sake of Bitcoin, please come back to me and let's bring this, that poisoned the community already enough, to an end.
Best Regards
zefir
I'm glad the group buyer leaders are more understanding. a) I am very open to this, this is what I suggest. b) I am not a fan of this, on a principle level I rather do a full refund. plus, I rather sell the chips once we have them in hand at a discount, instead of letting people wait.( which is about the same as doing a partial refund in my opinion.) c) this will not be good, as you know the chips isn't going to get here any faster, and ordering more would run into more delays ( this is the worst option, do not offer.) d) while in theory this option sounds the best for us right? we keep the money, tout our gen2/3/4 chips and etc etc, but reality is we want to stay away from all pre-orders in the future. as you can imagine, all the problems, rumors and just about everything is caused by the fact we took pre-orders, and we will no longer be doing this. you are welcome to post this in your thread. How fast those refund will be processed is another question having in mind that not many (I know for only one) refund for Avalon batch #3 miner was processed. Today also it came to Yifu's knowledge (as he says) that those Avalon batch #3 miners refunds has not been processed and he will be working hard to accelerate that process. ok. this is pretty stupid of me, and completely my fault.
the system is designed to move cold storage to hot wallet -> then send out refunds.
but apparently the move failed and the script tried to send a bunch of refunds while the input contained no coins...
1000 coins have been moved and script resumed, I'm sure people should see refunds instantly and can vouch. and once I get back on location I can enable more coins to be moved and thus refund resumed.
again, I apologize for the long delay.
Not sure but if refunds get stuck in customs TM it's going to be a problem.  so all the refunds went out, aside from 2 orders which bugged out for whatever reason, and is looking into it now, those are 6997 and 6817.
To be honest I was surprised to see people logging in and saying they got their refund. Well, I didn't doubt that refund would be processed but also didn't expect such a speed. Looks at Yifu being so responsive is so nice to see. Ok, now its time to decide what to do! I would take the chips if exact shipping date (1-3 days precise) is near or few days from now, otherwise refund. You can all imagine that Yifu could answer that question if he wold take a look at his orders backlog but I don't think he will because of the noise. Confirmed by block chain. Refund already has one confirmation. Phew... That is a relief..
completely my fault there. I would visit forum more to see problems, but the noise... Ok guys you know it now! All of us should blame the noise and keep quiet. Yifu's prerequisite for conducting healthy business is that you can't complain and make noise. One would say he could ignore nasty comments that were out of line and answer to customers that placed few orders of Avalon chips, but noise was preventing him for doing so. One who don't want to do something will find thousand of excuses not to do it, and one who want to do something will find thousand of ways to do it. I look at such an issue as a matter of your own will to make an effort, and once if all resorts fail you, you can always reply on email or bloody support ticket. Right now I guess we should all be thankful Yifu decided to reply to zefir and give us chance to decide are we going to wait for chips or grab our BTC back. So to conclude this, thank you Yifu for finally doing the right thing and ask as for our opinion. He isn't on the list for a reason I don't know when he ordered chips. If you know just link to such post I will be happy to add it to OP. I believe his order could be found in google spreed-sheet posted by paul3, but I have no way to identify it. Thank you for your effort and time to post this info. Regards, tiros |
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Tread updated. Let me know if anything new appears.
I dont see any updates am i right ? I am updating how many days passed from scheduled delivery of chips, status of shipment and adding any new group buys found with help of this community. In that one last update only days passed has been updated. Thanks once again Xialla! |
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Tread updated. Let me know if anything new appears.
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So we all should be happy now knowing Yifu is alive and one group buy leaders (zefir) from all listed got their chips!? This should buy at least two more weeks until all of us realize that Yifu is once again not being honest with this community. Here are my thoughts: |
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I think one bitburner XX with 20 chips is something around 100W, so yes this one is more then sufficient. Edit: here is accurate power consumption: Air:
431 - 54, 48, 1.30V, 87W, stable
450 - 56, 48, 1.30V, 90W, HW Errors
450 - 57, 52, 1.34V, 94W, slightly increased error rate compared to what i normally call "stable" but close enough
Water:
450 - 54, 32, 1.34V, 94W, slightly less hw errors then with air
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Thread updated and no new chips deliveries reported. Yifu, ooooooooooo Yifu ...........  |
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I don't see John K. here and I don't see answer to our questions even if you are online right now.
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What is your destination for chips delivery.
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So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.
We only have limited info about all the batches in queue (see spreadsheet), so we don't have a way knowing. Since OP two of the customers received shipping info (limited info), and only zefir got his batch #2. There was no reply from Big Time Coin, but I asked on open forum and not by PM. Edit: PM sent to Big Time Coin |
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Zefir - https://bitcointalk.org/index.php?topic=177827.02013-04-30: Batch 7 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-30: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-28: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-07-07 ---> - 50 days
2013-04-24: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-07-03 ---> - 54 days
2013-04-20: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-06-29 ---> - 57 days
2013-04-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-06-27 - delivered - 2013-08-23 - 58 days late
2013-04-16: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-25 - delivered - 2013-07-24 - 29 days late
Big Time Coin - https://bitcointalk.org/index.php?topic=180093.02013-04-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-26 ---> - 60 days - received shipping info
ragingazn628 - https://bitcointalk.org/index.php?topic=189220.02013-04-27: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-06 ---> - 50 days
Steamboat - https://bitcointalk.org/index.php?topic=192916.02013-07-06: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-05: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-14 ---> - 10 days
2013-05-28: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
2013-05-22: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-07-31 ---> - 25 days
2013-05-11: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 36 days
2013-05-01: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-10 ---> - 46 days
SebastianJu' - https://bitcointalk.org/index.php?topic=187660.02013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 23 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> - 2 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 20 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 28 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 35 days
t13hydra - https://bitcointalk.org/index.php?topic=189582.0 Sample chips unboxing - https://www.youtube.com/watch?v=x1FLE59Hzck2013-06-30: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-15 ---> - 10 days
2013-05-23: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
kslaughter https://bitcointalk.org/index.php?topic=158806.msg2370446#msg23704462013-06-01: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-10 ---> - 15 days
2013-05-28: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
bizwoo - https://bitcointalk.org/index.php?topic=200067.02013-07-08: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-16 ---> + 25 days
2013-06-08: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-17 ---> - 7 days
marto74 - https://bitcointalk.org/index.php?topic=217316.02013-07-06: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-26 ---> + 3 days
Total 270K of chips 220K are already late 50K still in time frame Courtesy of paul3 Updated daily - See more and help out at https://bitcointalk.org/index.php?topic=277198.0 |
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