I have an Avalon Batch 2 that has been mining without issue for the past 3 weeks or so.

All of a sudden today it crashed and stopped working and I can't figure out whats wrong with it.

I turn it on and the lights go on and the fans spin up momentarily and then it just sits there. There is a solid blue light by the ethernet jack. And a green and orange light in the front. It's hard for me to tell those colors though, since I'm colorblind. I could be wrong.

I can't connect to the miner on the IP address I set up for it nor at the 192.168.0.101 address it came with by default. If it's listening on another address, I can't tell. If definitely isn't mining either. The fans aren't running and it isn't connecting to the mining pool.

What can I do? Is there a way to reflash it if I can't connect to it's web interface? What about buying a new TP-LINK WR703N for it?

Oh, I already tried replacing the power supply with a Corsair GS800. Still the same thing.

He made a good deal!

It's like paying 86 BTC for a 82 GH/s Avalon, and you can't find an Avalon that cheap anywhere! They are going for at least 120 BTC right now.

Do the math. He spent 526 coins. Hes making 9 a day. He'll at least break even as he has time before the difficulty goes way up.

Dude, you can't count weekends! I'm sure they don't work on Saturday and Sunday.

So since July 24, there have only been 15 BUSINESS days, that's only 6,000 units shipped!

That's a difference of 2,000!

Or it could be the owner of Satoshi Dice wanted to go underground so he bought his own company anonymously with the money he had already made from Satoshi Dice.

Actually, that being true means that pretty much every BFL customer will LOSE money.

If you bought last year, when BTC was around $10/coin (remember that it was still only about $13/coin in early January), that means you paid 130 BTC for a $1300 60GH/s miner.

Would a 60 GH/s received today expect to return 130 BTC in it's life? I'm guessing no. If it does it won't make much more than that. Since only the first DAY of pre-orders have been shipped so far, everyone else will never make back 130 BTC so they will lose money.

As for everyone who purchased since January, they will receive their units so late that they'll never make back their investments either.

What strain(s) are you planning on growing?

Interesting, but you make a lot of assumptions which are likely not valid:

- I don't believe that all the pre-orders made today will every ship. I think that BFL will go out of business before they ship all of their 60,000+ preorders. They have well over a TH/s of pre-orders, which likely will never ship. This dwarfs the number of Avalon pre-orders in existence right now.

- Even if BFL does ship, it will take more than a year to ship all of them. You only use a year to calculate the return, you need to use a longer period of time.

- It is important to note that early ASICs are less power efficient than later ones. People who ordered Avalon batch 1 and 2 will make money. So will the people in the first few months of BFL orders. Avalon batch 3 will barely break even. The later BFL orders will all lose money, or if they are smart, they will all request refunds until BFL goes out of business. Bitfury is signficantly more power efficient and offer much more hash power per dollar. Thus, those customers can afford to be late to the game. The early KNC and Bitfury customers will probably make money. You need to take into account as time goes on, power goes down and hashrate/dollar goes up. In every iteration, there will be people who get in the game the tail end, who are late, that will lose money. People pre-ordering Bitfury and KNC now will make money, those who wait until they ship and decide to join in will lose money. The miners that will be shut off first due to no longer making back their return on electricity are the earlier ones, namely the Avalon ASICs. But the Avalon ASICs came first and everyone who bought an Avalon already made money.

- Everyone who bought hardware from ASICMiner will lose money. This was obvious from the very beginning. ASICMiner customer don't seem to care though and appear to mine for the fun of it. In contrast, ASICMiner stock holders have made tons of money .

I would agree with you that most people deciding to get into mining now will lose money. Bitfury and KNC customers might be ok though. Anyone who is crazy enough to order from BFL right now will lose money though as is true for anyone that orders from ASICMiner (hint, buy ASICMiner shares instead). People who are just getting around to order Avalon discrete chips now will lose money.

Oh it is 30A at 0.835V for a whole H board?

I thought the 30A regulator was on the main board for the whole system at 12V.

I see the issue now, ok.

People ARE doing it. In fact, I am doing it.

Here is the problem though. Back when mtgox took a week to process a bank transfer, you could transfer up $5 or $10k a day and have the money piplined so you'd only need a total bankrool of something like $50k to arbitrage $10k every day!

But now you will run out of money in a week and have to wait 2+ months to get your cash back.

Everyone who had the cash to arbitrage did arbitrage, but now they can't because all of their money is tied up waiting for mtgox to transfer their USD back to them!

I personally have $25k stuck up on MtGox I was using to arbitrage right now.

Since no one can effectively arbitrage, the price between mtgox and the other excahnges has been drifting.

The only early adopter I know that had 10s of thousands of coins sold off ALL his coins at an average price of $175 during the bubble.

Not many of them are left anymore.

What if you don't have 16 boards but only 8? You should be able to overclock 8 of them and be ok with a 30A regulator. 12V * 30A = 360W, which is enough for 8 boards running at 35W a piece.

Plus you'd have the additional space between the boards to add a heatsink and still have decent airflow.

I can't wait until someone gets one of the 25 GH/s August megabigpower kits and sees if it can be overclocked to 40.

I will offer 75 BTC for it.

No, it will go up. Not as much as last time but it will go up.

Here is why:

- Avalon Batch 3 just began shipping it seems. They definitely aren't close to being finished. Not many people have gotten their batch 3's yet and they will in the next 2 weeks.
- BFL is still shipping, although very slowly. They won't make much of a dent as they are still shipping singles from the first and second day, but difficulty definitely won't be gong down.
- ASIC Miner has block eruptors back in stock and are selling them again.

23XX, ordered 6/19/2013, 1 Jupiter, USA, no day

Depends on how much money is stuck up there.
I have $20k trying to transfer out. 10% of that is $2k, that is a lot of money.

I know someone who has $1 million waiting to transfer out...

It will probably earn 0.50 - 0.075 per day.

Possible less if bitfury and kncminer ship on time.

I always knew Dogbert was Satoshi!

You are asking two different things here.

You should be asking how many btc somehow would pay for 1 GH/s.

Mining returns btc, not dollars.

Considering you can buy an Avalon presently for about 120 btc, these are not worth that much.

The Avalon is >33% more hashing power so these should be worth 3/4 as much.

90 btc is reasonable if these were available right NOW, but they aren't. BFL is still working day #1, June 23 orders and they have been for a couple weeks now. I'm guessing they won't get around to your order for 3 weeks at least, at which point these machines will probably only be worth 60 or 70 coins. And if BFL is delayed longer, which I would not be too surprised to see, these will be worth even less.

This will fit all 16 boards the main board supports, correct?

If so, I'm definitely in.