It is hard to tell because all (or most) credit card orders were refunded. I had 5 CC orders for BASIC01 and 4 were immediately refunded by Dave when the operation folded. For the last one I raised a dispute but was eventually refunded, so I am out even.

For orders made in BTC, I understand that people who canceled early also got their BTC back.

Therefore a good estimate for the amount lost would be represented by those BTC orders that were not canceled before Jan 10 or so.

Shoes are avaialble on Newegg http://www.newegg.com/Product/Product.aspx?Item=019-0004-00Y07

I wonder if using a 15A programmable timer to cut the power for 1 minute every 12 or 24 hours would damage the unit? I have one lying around somewhere ....

I may give you some of my money, the amount of which depends on the availability of other evidence supporting your credibility. You don't have to be all in or all out, you know.

When I paid BTC using my WalletBit balance it went to 18QRSo26TqPZtH1guLfwNXZ2EfZpe7y8Ks. It is probably different if you paid from a non-WalletBit source.

The early ASIC miners will make a lot of money, the mid-pack ones will profit modestly and those late to the game will not even get their initial investment back. I am sure there are still people buying GPUs even today for the purpose of mining. Avalon and other ASIC manufacturers probably expect to be able to continue to make money selling to those late comers.

Why do those latecomers buy? They could be just stupid, or they could be motivated for reasons other than profit. For example, someone who already has tens of thousands of BTC might decide to buy 1 ASIC device simply to do his/her part to protect the BTC network, thereby protecting the value of their pre-existing stash.

LOL. I landed in someone else's shopping cart with broken images.

I think I'll pass for now until the website bugs are resolved.

If people only put down 10% and BFL delivers before the second Avalon batch is completed, there is a possiblity that some people will simply walk away from their orders since they only stand to lose 10%. Maybe they don't want to risk that?

If you were mining back in the days when a 5870 was pulling in 5.0 BTC a day, you will remember that it was even common for people to mine with ATI and nVidida GPUs side-by-side. They simply ran one instance of a CUDA miner and another instance of an OpenCL miner.

Paid for multiple orders using 4 different cards over a period of time. So far some refunds have showed up (AMEX, Citi) and some haven't (BofA). I suspect that all have been refunded but BofA is holding on to the money for a few days of extra interest.

Regarding export restrictions, I believe Bitsyncom is a US-based company. As such, it should have no problem manufacturing SHA-256 devices at a subsidiary located in China since China is not on the ban list (Cuba, Iran, Iraq, Libya, North Korea, Sudan and Syria). In fact, many companies such as Motorola and Cisco manufacture hardware encryption technologies in China.

I can't say for sure whether Avalon is 100% legit in this matter, but I have been involved in a small busines venture where this setup has been done before and it was no big deal.

Where I live, a 300W advantage works out to about $2.00 (0.11 BTC) a day less in electricity costs. For most people in the US it would be less.

I would have stopped mining long before my $1,000+ piece of hardware is pulling in only $2/day. It is simply not worth it.

Not quite. An ignored post takes up a 1 inch band of real estate on my screen.

The forum should have an Ignore Plus feature where the ingored poster disappears completely.

If you succeed to decrypt SHA you would have invented infinite data compression.

Huh? I have a single 7970 "space heater" running at 620MHs and drawing 275W at the wall for the entire system. Admittedly the other components are efficient (Sandy Bridge i5, SSD, 80 Plus platinum PS), but still ...

I'm guessing what they meant was that the place and route phase of the design was done manually instead of using automated tools. From a design perspective this implies higher performance but with additional risk of errors.

About the only advantage the 6850 has over the 5870 is DirectX 11 support. Otherwise it is an inferior card.

The level of desperation is way too high to have stemmed from a concern about the welfare of others.

As many as your OS allows, I suppose. I didn't preorder enough ASICs for this to be a concern.

About $190 including RAM and the free 60GB OCZ SSD that Newegg threw in (the deal might still be on). There is an Atom version in the same looking case that goes for about $30 less.

There is talk on the ASICs threads about how full PC's consume 100W and therefore are not suitable/wasteful for ASIC mining. As you can see below this is simply not true.  These Foxconn nt-A3700 nettops (with 4GB RAM and 60GB SSD) can run full OS's yet consume about 14.4 Watts when mining.

I am planning to use a few of these for ASIC mining. Each unit has 2x USB 3.0 and 4x USB 2.0 ports for a total of 6 USB ports. I don't even need to buy any hubs because I have more than enough ports.




For this test setup I have a BFL single connected to a USB 3.0 port and another to a USB 2.0 port. Under Windows this works just fine without any apparent compatibility problems.




There is a middle ground between 3-5W SOCs and 100W PCs.