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Author Topic: Got offered an Avalon, how much to pay?  (Read 3079 times)
vdragon (OP)
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March 16, 2013, 11:53:34 PM
 #1

A friend of mine who was more of a believer in avalon than me got his 2 units few days ago. He is not in it for the money, and he doesnt like the units for some reason - he is a kind of a technical freak, he even had an idea to make one himself. So he said if I want to buy them, to make him an offer. So how much is a decent offer? I dont want to insult him, so just give me an idea how much do you think its worth.

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March 16, 2013, 11:57:24 PM
 #2

...he doesnt like the units for some reason....

I think you'll need to expand on the reason.  Do they look/smell like burnt toaster ovens?

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March 17, 2013, 12:02:22 AM
 #3

I think they worth at least the same amount of coins what was spended at the preorder time.
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March 17, 2013, 12:17:29 AM
 #4

If I were local to him, I'd offer 50 BTC each.

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March 17, 2013, 12:21:37 AM
 #5

50btc for something that makes 250usd a day.... thats would be an insult. To answer the other question, they work perfectly, he is just one of those ppl that have plenty, he ordered them for a thrill. How much did people pay in btc when they ordered those ? like 130 btc?

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March 17, 2013, 12:26:01 AM
 #6

Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

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March 17, 2013, 12:26:53 AM
 #7

...he doesnt like the units for some reason....

I think you'll need to expand on the reason.  Do they look/smell like burnt toaster ovens?

 I think the reason is that they are technically not like he expected - now what he expected, dont ask me. They sure dont look anything special, but hey, they work

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March 17, 2013, 12:28:40 AM
 #8

Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

 Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days...

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March 17, 2013, 12:47:52 AM
 #9

Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

 Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days...

I mean that as ASICs roll out, the mining difficulty will increase, making them less profitable long-term.

By all means, offer him what you feel comfortable, especially if he is a friend. But I would not rely too heavily on today's prices and difficulty to figure long term profit.

Maybe offer him 1% mined BTC? That way, if the unit does not work quite right, or it quits on you, it will seem fair. Just spitballing here Tongue

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March 17, 2013, 12:55:12 AM
 #10

Iunderstand your idea Smiley, but I am a man of a moment, much more impulsive. For me it was always important to break even, after that, I dont care that much Smiley. Someone said offer the original amount of BTC, I am trying to figure out how much was that. Anyone know when was exactly the first batch ordered?

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March 17, 2013, 12:57:50 AM
 #11

~107 btc

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March 17, 2013, 01:01:29 AM
 #12

Thanks, thats about 5000 usd. Will make an offer Smiley

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March 17, 2013, 01:04:32 AM
 #13

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.


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March 17, 2013, 02:10:22 AM
 #14

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.



You mean 25BTC & fees?

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March 17, 2013, 02:17:26 AM
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2 blocks is 50. That's pretty impressive, are you strictly solo mining now?

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March 17, 2013, 02:33:46 AM
 #16

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.



Are you solo-mining through your own pool software or directly to bitcoind?

I tried running solo to bitcoind for a while, but the lack of share activity made me wonder if anything was actually happening.  So I was a coward and stuck with pools.
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March 17, 2013, 02:36:46 AM
 #17

This guy said he'll pay $10k for one:

https://bitcointalk.org/index.php?topic=140519.0

You could offer $7.5k and try and flip it to that guy in an arbitrage deal.

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March 17, 2013, 03:35:56 AM
 #18

If he is truly your friend, make him your best offer, and then tell him to auction it on here for a week with your price as a reserve while it mines on your pool.

Ask him for 10% of whatever he gets above your price.

That's what I would do for a friend.

Now, if he's the kind of friend who snakes your girlfriend.  Just take whatever he asks and smile.
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March 17, 2013, 04:29:13 AM
 #19

I would offer him 10k each.  Wink
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March 17, 2013, 04:34:14 AM
 #20

2 blocks is 50. That's pretty impressive, are you strictly solo mining now?

Yes.

Are you solo-mining through your own pool software or directly to bitcoind?

bitcoind + eloipool.  cgminer does not support direct-mining to bitcoind.  It appears to work, but eventually HTTP problems and other oddness appears.

Luke-Jr's BFGMiner should support ASIC mining directly with bitcoind, but I think Luke-Jr is still looking for a volunteer to test BFGMiner + Avalon.


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March 17, 2013, 04:51:39 AM
 #21

50btc for something that makes 250usd a day.... thats would be an insult. To answer the other question, they work perfectly, he is just one of those ppl that have plenty, he ordered them for a thrill. How much did people pay in btc when they ordered those ? like 130 btc?
500BTC is fair price for 2.

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March 17, 2013, 09:23:36 AM
 #22

hi guys

does any one know what is the exact speed of hashing of this avalon?

thanks

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March 17, 2013, 09:24:03 AM
 #23

Made an offer and he accepted. Paid 1 mill HUF for each of them, that is about 3250 euro, or about 4300 USD. Now with my farm and these, shoud go to 200GHs, solo mining here I come Smiley

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March 17, 2013, 09:26:26 AM
 #24

Made an offer and he accepted. Paid 1 mill HUF for each of them, that is about 3250 euro, or about 4300 USD. Now with my farm and these, shoud go to 200GHs, solo mining here I come Smiley

hi

how much is the speed of one avalon?
vdragon (OP)
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March 17, 2013, 09:27:09 AM
 #25

~68Ghs

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March 17, 2013, 09:32:29 AM
 #26

waouh

that s not bad

let me know if you want sell them

thanks
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March 17, 2013, 09:37:49 AM
 #27

I got like 10 messages in "my messages" - sorry to write in caps - NOT FOR SALE Smiley

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March 17, 2013, 10:56:45 AM
 #28

Maybe someone else got avalon and would like to sell it?

Im interested, to buy it.

Michael

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March 17, 2013, 09:32:31 PM
 #29

215 GHs in total now Smiley

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March 17, 2013, 10:33:01 PM
 #30

215 GHs in total now Smiley
good going sir!

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March 18, 2013, 03:08:08 AM
 #31

Good pickup! It's best to do only local trades for ASICs while they are still in high demand and short supply. Be VERY careful as most people selling ASICs or even reselling them are probably scammers. I would never purchase one online from someone other than direct from the source or if they have a long history on the forums and a reasonable OTC record. In fact, reselling Avalons and BFL ASICs might be the next biggest scam to hit the forums.
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March 18, 2013, 03:12:55 PM
 #32

I got like 10 messages in "my messages" - sorry to write in caps - NOT FOR SALE Smiley

You're asking to get flooded with SPAM..!

That's an impressive number of GH, envy.. But the good kind..


Cheers.
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March 19, 2013, 05:18:54 AM
 #33

If I were local to him, I'd offer 50 BTC each.

Is this sarcasm? Because I am local to you (Los Angeles), and I would gladly come pick up your Avalon for 50 BTC Smiley
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March 19, 2013, 06:59:45 AM
 #34

2 blocks is 50. That's pretty impressive, are you strictly solo mining now?

Yes.

Are you solo-mining through your own pool software or directly to bitcoind?

bitcoind + eloipool.  cgminer does not support direct-mining to bitcoind.  It appears to work, but eventually HTTP problems and other oddness appears.

Luke-Jr's BFGMiner should support ASIC mining directly with bitcoind, but I think Luke-Jr is still looking for a volunteer to test BFGMiner + Avalon.



I'll volunteer (sacrifice) one of my batch #1 Avalon units to test BFGMiner, assuming they ever arrive.

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March 19, 2013, 08:23:24 AM
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If I were local to him, I'd offer 50 BTC each.

Is this sarcasm? Because I am local to you (Los Angeles), and I would gladly come pick up your Avalon for 50 BTC Smiley

I didn't say that's my best offer. Tongue  But if he doesn't like the unit, I'd take it off his hands for 50.

I wouldn't sell mine at the moment for even 100 BTC.

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March 19, 2013, 09:21:26 PM
 #36

well... https://bitcointalk.org/index.php?topic=154989.0  Grin
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