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good to have some new information from the vendor.
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Given that most us will never buy the Avalon Chips if there were no group buy, the moderators must keep their side of the bargain and refund in full amount to those who join their group buy. The only 1 so far who is ethical and will honour the refund is Zefir, he wrote to Yifu and got a reply. Sebastian and Steamboat has already make good profit's from their numerous group buys would you all please be considerate and be a great gentleman and refund back their money.
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The only question we are concern are the chip production status? Has they already done with the Mask and Wafer??
They themselves also can't seem to answer that questions. Many forum members couldn't be bother, may be they are very rich and couldn't even bother with the difficulty going up daily?
Where are the parts for the miner? is it already in Sweden?
A lot of questions yet to be answer. If they can't deliver by September 2013, they are no better than Butterfly or Avalon sorry to say.
Where are the chips?
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Be careful could be a Scam...  |
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would this add up to more power consumptions, a 5w difference per chip is negligible, however if you have a 1000 chip or even a few hundred chip the power bill will shoots up? 1000 chip x 5w = 5000w
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Has anyone heard anything about this? I caught a snippet of this discussion -somewhere- but when I wanted to go back and read in more depth I couldn't find the article again.
The premise of the article was:
BFL chips = 20 days from the foundry. Delivery to chip buying customers=100 days. Float = 80 days.
Accusation: BFL is selling chips and using the 80 days worth of float as a way to have chip buyers finance their chip purchases. They are using the float and that free financing to obtain chips - at no cost to themselves - that they are building production units out of.
Does this ring a bell with anyone? Can anyone point me to the article/discussion concerning this? There was a lot more depth to the article than just this, but it seems to have disappeared.
They will used the 60 days to mine for themselves!! |
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The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.
Dumbass. Slightly less than half of ASICMINER is owned by other people. More than 25% is control and monopolized by friedcat the Monster Head and those monsters babies such as you. He manipulate you and the all the bitcoin community members. Now he dump his bitcoin when the price is low enough he buys back. He dumps his outdated hardware to those stupid fools and he create new hardware and do another IPO. Don't feed the Monster please!! |
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Must be from a jealous competitor, Terrahash.. I thought some are calling Terrahash a scam as well? It is natural in this business world, back stabbing and sabotaging your business when they saw that you could offer $12 per gh/s that may killed off their business, they are naturally scare, ya. But I am sure Asic Chip are dirt cheap and made things affordable is the naturally way to go, not those greedy guys and middlemen!!
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I am all for this setup because they have an open day/house in different cities, they cover their own NRE, their hash rate is the cheapest in this industry and take orders when they have stocks coming in or available. 2 factors that they need is Time and Costs.
But where are the chip specs, design informations, etc. ? I think that we've seen too many scams on this forum to do the same mistakes all over again. The only good thing so far is that they are not taking orders without stock IMO. Delaria They will surely update their website with photos, specs and even video very soon.  |
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The other choice is opening a public IPO and going for a larger run of IC, 100.000~200.000 and mantain our previously announced marketing strategy. We want to hear the community opinion about this.
Just do like everyone else does. Make up some numbers and open your website for pre-orders. There's plenty of fools customers that will throw lots of money your way. Be ethical nobody likes the work ethics of Butterfly or Avalon, they are being called scammers, cheaters and fraudsters.. and those 4 letter words.  |
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I am all for this setup because they have an open day/house in different cities, they cover their own NRE, their hash rate is the cheapest in this industry and take orders when they have stocks coming in or available. 2 factors that they need is Time and Costs.
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Great and Awesome News, Now it is 12$+ per GH/s and could go down to 10$ per GH/S soon. Cheers to more reasonable pricing.
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are AM investors concern about their investments??
The AM share price is going nuts. It seems that the only thing investors are concerned about is trying to afford more shares!  Authorities can move in anytime and your shares will really becomes Nuts. Ticking Time Bomb |
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"Re: KNC Miner - Jupiter device: which PSU are you guys planning on using?
June 19, 2013, 02:46:06 PM
Reply with quote #14
--------------------------------------------------------------------------------
Hi Guys
Sorry for butting in in your discussion but don't buy any power supplies yet.
We will have a large Technical announcement coming next week. Where we will give even more accurate Power figures and GH/s.
It will be a significant announcement which I hope will make all of our customers happy. and no before you ask I wont reveal any details before that newsletter goes out Smiley
again please don't buy a 1200W power supply you simply will not need one that powerful or expensive.
Sam "
Did they order the Asic Chip for production? or still playing with the chip?
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are AM investors concern about their investments??
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Quote Un Quote :
" Re: KNC Miner - Jupiter device: which PSU are you guys planning on using?
June 19, 2013, 02:46:06 PM
Reply with quote #14
Hi Guys
Sorry for butting in in your discussion but don't buy any power supplies yet.
We will have a large Technical announcement coming next week. Where we will give even more accurate Power figures and GH/s.
It will be a significant announcement which I hope will make all of our customers happy. and no before you ask I wont reveal any details before that newsletter goes out Smiley
again please don't buy a 1200W power supply you simply will not need one that powerful or expensive.
Sam "
From his statement seem like the Asic Chip has not been order?? "We will have a large Technical announcement coming next week. Where we will give even more accurate Power figures and GH/s." ?? are they still playing around with the chip??
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Hi Guys Sorry for butting in in your discussion but don't buy any power supplies yet. We will have a large Technical announcement coming next week. Where we will give even more accurate Power figures and GH/s. It will be a significant announcement which I hope will make all of our customers happy. and no before you ask I wont reveal any details before that newsletter goes out  again please don't buy a 1200W power supply you simply will not need one that powerful or expensive. Sam  Sam are you up to the challenged ? |
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The greedier ASICMINER gets, the less profit they make on each coin, that's because their energy costs rise as fast as they add gear. At some point they wont be able to pay a dividend as all their revenue will be going into running the bloated ASIC farm, for roughly the same number of coins each week. Then there is a good chance they will have to close up shop, leaving a lot of worthless shares, but also that means 1,000TH/s+ suddenly disappears from the BTC net hash rate, and confirmation times blow out until ridiculous, effecting everyone.
Best possible scenario imho. I've got nothing against any ASIC manufacturer... but the concentration of hashpower in a nation where property rights are... marginal at best worries me... Then again, China is kicking the rest of the worlds ass on the whole 'following free market economics' thing. So I guess I'm not as worried as I would be if ASICMINER were located in the USA or EU. I can just imagine that headline now... DHS seizes asicminer warehouse and kills bitcoin. DHS or any enforcement agencies need a search warrant, they can't simply bust in and catch you. In China no search warrant require and can go after you anytime of the day or night. |
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Sorry, but i don't have much time for the forums yet. A mailing list has been built and will be added to the site tomorrow, contextually with an update.
I have just finished a conference call with the Chinese team, we are shifting strategy from our initial plans, in light of the latest ASICMINER news.
Expect a very important update tomorrow.
Labcoin Team
What news would be that? Let me guess, move out from China, stop selling shares or ?? Getting interesting though.. We have to admit your customer service is slow I meant your reply to our questions and concerns. If you have a full time Job working 16 hours a day that we will understand, but if you are not a technical person why can't you show up or reply once a day?? Europeans serve their customers very well compares to those from the East, I am sure you are from the Western World. |
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with the price of bitcoin at $88, they need to price their hardware at less than $12 per 1GH/S or else who is going to buy from them?
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