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Author Topic: Avalon ASIC users thread  (Read 432396 times)
Dhomochevsky
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March 20, 2013, 02:56:18 PM
 #601

We don't know that yet, but I agree, an almost 400% price hike is ridiculous. I don't think many people would venture for such an expense, especially after tens of terahashes were added to the network and tens more will be added by the time they get their units.
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March 20, 2013, 02:57:29 PM
 #602

Is that $5000+ price definitive?

Looks like a bit of a radical hike to me. But I will believe they would set that price when I see it, to be honest.

Also, I'd have to pay VAT on top of that. I think I'd pass.

$1600 and I'm in.

Good luck to everybody.

Si, es definitivo.

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March 20, 2013, 02:59:28 PM
 #603

We don't know that yet, but I agree, an almost 400% price hike is ridiculous. I don't think many people would venture for such an expense, especially after tens of terahashes were added to the network and tens more will be added by the time they get their units.

Another option is to have an auction, top 300 bid get the units.
There might also be a limit for how many 1 person could buy.
But it's not my business, and the way he runs his own business has produced the first product to market.

I try to be respectful and informed.
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March 20, 2013, 03:11:03 PM
 #604

We don't know that yet, but I agree, an almost 400% price hike is ridiculous. I don't think many people would venture for such an expense, especially after tens of terahashes were added to the network and tens more will be added by the time they get their units.

The units are being sold into a market at which demand vastly outstrips supply.

If sold at auction, the price would be even higher.


Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
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loshia
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March 20, 2013, 03:26:53 PM
 #605

We don't know that yet, but I agree, an almost 400% price hike is ridiculous. I don't think many people would venture for such an expense, especially after tens of terahashes were added to the network and tens more will be added by the time they get their units.

The units are being sold into a market at which demand vastly outstrips supply.

If sold at auction, the price would be even higher.


jgarzik,

I am and i will be avalon fan mostly because of NG - his skills and work. But i do not agree with your words about auction. If batch 3 consists of 3 units only then sure the price may reach heaven. but for 300-500? Who knows. Anyway it is a free market and we the customers will decide if we buy or not. For sure demand vastly outstrips supply no doubt about that. From what i can see here most of the guy's can take 2000-2500 including me. But 5000?
I am out for batch 3. Good luck to everyone else Smiley
And i love my new toy !!!




Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
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muyuu
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March 20, 2013, 03:39:32 PM
 #606

We don't know that yet, but I agree, an almost 400% price hike is ridiculous. I don't think many people would venture for such an expense, especially after tens of terahashes were added to the network and tens more will be added by the time they get their units.

The units are being sold into a market at which demand vastly outstrips supply.

If sold at auction, the price would be even higher.



Let them auction then.

I know how much I would bid, and it's not 5000. Bids would go down with rising difficulty, instead of going up.

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TechCF
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March 20, 2013, 03:40:43 PM
 #607

Is that $5000+ price definitive?

Looks like a bit of a radical hike to me. But I will believe they would set that price when I see it, to be honest.

Also, I'd have to pay VAT on top of that. I think I'd pass.

$1600 and I'm in.

Good luck to everybody.

Same here. Import VAT is 25%, so at $5000 this would be a scary investment, and I don't like to gamble.
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March 20, 2013, 03:43:58 PM
 #608

Is that $5000+ price definitive?

Looks like a bit of a radical hike to me. But I will believe they would set that price when I see it, to be honest.

Also, I'd have to pay VAT on top of that. I think I'd pass.

$1600 and I'm in.

Good luck to everybody.

Same here. Import VAT is 25%, so at $5000 this would be a scary investment, and I don't like to gamble.

Yep, I'd be paying in VAT more than batch #1 and #2 paid in total. And with little chance of recouping the investment as difficulty shoots sky-high.

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March 20, 2013, 04:01:20 PM
 #609

Is that $5000+ price definitive?

Looks like a bit of a radical hike to me. But I will believe they would set that price when I see it, to be honest.

Also, I'd have to pay VAT on top of that. I think I'd pass.

$1600 and I'm in.

Good luck to everybody.

Si, es definitivo.

Christ, I was thinking about buying one, but for that price I can get tons more litecoin mining rigs (enough to make about $150 per day) today.

Code:
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alexanderanon
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March 20, 2013, 08:24:51 PM
 #610

By the time batch #3 arrives, the value of 88 btc's will probably be closer to $10,000 than $5000. If difficulty doubles from batch #2, and 64 gigahash nets ~20 btcs/week, it would take about 4-6 weeks to recoup investment. That is, assuming no other ASIC's enter market apart from 600 new avalons in batch #3, which would probably push difficulty to 15mil after 2 weeks from first shipments.

It's nerve-wracking how the exploding bitcoin valuation is creating such risky yet lucrative investments, but what can you do? Wait for BFL? Tongue

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March 20, 2013, 08:49:54 PM
 #611

I would have no problem with this pricing provided 2 things:

1) The delivered power is at least 2x than batch 1 and  batch 2.
Or
2) Properly working Batch 2 order process - I wanted to buy 2 units, but got "Not in stock" early in the morning, when I checked again after noon all has gone.

Therefore pulling it myself currently too much of a gamble (even bigger then Batch 1 and Batch 2, due to constant delays in shipment), but if someone wants to pool BTC's with me (we will need to sort out where we going to store it), he/she is welcome to PM.
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Personal text my ass....


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March 21, 2013, 12:40:55 AM
 #612

Where are people seeing this $5000 price? I've checked their site out and don't see anything that says $5000. If anything all I get is a prompt asking me for a password.

Need help with your Newznab usenet indexer? http://www.newznabforums.com
muyuu
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March 21, 2013, 12:44:30 AM
 #613

Where are people seeing this $5000 price? I've checked their site out and don't see anything that says $5000. If anything all I get is a prompt asking me for a password.


Confirmed by Team Avalon:
https://bitcointalk.org/index.php?topic=155345.140

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xiangfu
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March 21, 2013, 10:44:57 AM
 #614

Hi Avalon users

There is a new firmware released(Version: 20130321), please update your Avalon to latest firmware
  Please read the ChangeLog before reflash, here: https://en.bitcoin.it/wiki/Avalon#20130321
  The firmware test plan: https://en.bitcoin.it/wiki/Avalon#Test_Plan
  You can find the firmware here: http://downloads.qi-hardware.com/people/xiangfu/avalon/latest/openwrt-ar71xx-generic-tl-wr703n-v1-squashfs-factory.bin

If you have any problem on Avalon, please read this page first: https://en.bitcoin.it/wiki/Avalon, if it not fix your issue. please goto ##avalon @freenode.net ask some help.

Please report bug here:
  https://github.com/BitSyncom/cgminer-openwrt-packages/issues



All The Best & Happy Mining
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March 21, 2013, 03:15:44 PM
 #615

There is a new firmware released(Version: 20130321), please update your Avalon to latest firmware
 
hi
with the new firmware:
Alive 0 N 44 0 0 19 0 0 0


GetWorks   Accepted
   44              0

Elapsed   MHSav
11m 39s     6.14

MHS5s
0.00
any hints?
TIA
dropt
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March 21, 2013, 03:21:32 PM
 #616

First batch customers had the same thoughts, and even worse.

First batch customers gambled less money ($) with much more future profits.

That is simply not true.
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March 21, 2013, 03:25:46 PM
 #617

There is a new firmware released(Version: 20130321), please update your Avalon to latest firmware
 
hi
with the new firmware:
Alive 0 N 44 0 0 19 0 0 0


GetWorks   Accepted
   44              0
any hints?
TIA

Could you be more specific?
10X

It is not accepting shares?

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
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March 21, 2013, 03:30:21 PM
 #618

There is a new firmware released(Version: 20130321), please update your Avalon to latest firmware
 
hi
with the new firmware:
Alive 0 N 44 0 0 19 0 0 0


GetWorks   Accepted
   44              0
any hints?
TIA

Flash again or flash back ?

Beijing time... 23:29:43 CST
ewibit
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March 21, 2013, 04:00:44 PM
 #619

Flash again or flash back ?

Beijing time... 23:29:43 CST
cat /etc/avalon_version
20130321
cgminer-7c1428a
luci-46afd4a
openwrt-package-10ee304

3016     1 root     S    20872  71%   6% cgminer --avalon-options 115200:24:10



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ewibit
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March 21, 2013, 04:46:31 PM
 #620

Flash again or flash back ?
I have flashed again -> no go (same error)
and then
flashed back -> it`s ok now
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