The latest Avalon announcement in China(Translated). Batch #3, price and more.

[Tigggger]

I still had the tab open, so for those doubting price/numbers

[1714167736]

1714167736

[1714167736]

1714167736

[1714167736]

1714167736

[darkip]

Quite disappointed to hear that Batch 2 is being delayed

[Rampion]

You can buy a BFL minirig for 500 btc, and delivery would probably be in the same timeframe.

You can "buy" one, yes. But you are not going to get any ROI, because no working BFL ASIC hardware exists.
Avalon does exist and currently running units get an insane ROI.

A bit naive, don't you think? It's clear that BFL has been developing hardware..don't let their incompetence cloud your judgment. Anyway, we're not here to talk about BFL..this is an Avalon thread silly.

Seriously though, people really don't have a problem paying $7,000 for a 600w+ 80GH/s device? I also find it kind of funny that the buyers from Batch #1 paid the lowest price and are making the highest return on their investment. The Batch #2 price hike was expected...it was kind of like the "Fuck you, we're legit and you missed out on the first round".

But to triple the price for Batch #3 sort of solidifies the initial notion that they are indeed using preorder funds to complete the previous orders (it also fully explains why they "shipped" 2 months ago and are still behind on their first shipment). I imagine after selling out of Batch #3 they'll have enough money to get everything back on track again (financially anyways).

1.) Batch 2 was more expensive because shipping was included in the price. Batch 1 was $1299 + shipping.
2.) BFL won't ship anytime soon. You're welcome to prove me wrong. http://bitbet.us/bet/307/bfl-will-deliver-asic-devices-before-july-1st/
3.) Avalon could have mined themselves, and keep all the profit. Yet they are selling to the public. It's ludicrous to think that they would set up a ponzi like structure with their orders. Due to the insane ROI of Avalons, 88 BTC seems like a bargain still. 4.) I'd imagine Avalon customers are not newbies and have BTC beforehand way before the price spike. Batch 1 is actually more expensive than Batch 3 BTC wise.

Point 1) is correct.

Point 2), is pure gambling. We don't know if BFL won't ship before July. They may, or may not.

Point 3), I don't see a +6.000usd or 90btc 67GHs machine as a "bargain" given the timeframe. A "bargain" is what batch #1 customers got. They are the ones doing an insane ROI. Batch #2 customers also got an excellent deal. But when the 1.500 AVALON units will be deployed we will have 3x the current difficulty, and therefore ROI will come in 2/3 months. Add to the equation more hashing power deployed by ASICminer, and ROI may come much later. If BFL also deploys a fraction of their preorders, AVALON batch #3 customers are screwed, and the stakes are high (again: 6.000usd for a 67GHs unit).

I agree with point 4). If you have mined/bought hundreds of btc when the difficulty/exchange rate was lower, AVALON is definitely a bet you can afford to take. But if you have to exchange usd for btc, or you have a modest amount of btc, then it's much safer to hold on your existing coins and buy more with your fiat. Gambling most of your btc on this, or exchanging +6.000usd for an AVALON, is too risky in my opinion. It's a gamble I wouldn't take, because in any case the profit (if there's at all) will be modest.

[GenTarkin]

yes, the biggest bummer is delay of batch 2 shipment....ugh.... guess it wont be here for my birthday after all =(
Wish they would take this crap into account when advertising the shipment of the batches on purchasing them.

[tigerfree]

/damn i though it will be 2000$ or something around it i think i will pass it   .

[Rampion]

/damn i though it will be 2000$ or something around it i think i will pass it   .

Hehe, we have to gambles now:

pay 90 btc for a unit you know exists, and that you will received sometime around June (and maybe sooner!)
pay 20 btc for a BFL unit you don't know if exists, and that they tell you that you will receive in July if ordered now (and most likely later!)

Both of them seems quite risky to me, but if I had enough coins bought cheap, I would take both

[Aseras]

/damn i though it will be 2000$ or something around it i think i will pass it   .

Hehe, we have to gambles now:

pay 90 btc for a unit you know exists, and that you will received sometime around June (and maybe sooner!)
pay 20 btc for a BFL unit you don't know if exists, and that they tell you that you will receive in July if ordered now (and most likely later!)

Both of them seems quite risky to me, but if I had enough coins bought cheap, I would take both

you would still be better off buying 5 bfl units in the long term, even if it were another month or two delay.

[Bowjob]

Well, so if they will ship by the end of April, then batch 2 will be in the hands of customers at the end of May adjusting for more excuses.

*yawn

[Rampion]

/damn i though it will be 2000$ or something around it i think i will pass it   .

Hehe, we have to gambles now:

pay 90 btc for a unit you know exists, and that you will received sometime around June (and maybe sooner!)
pay 20 btc for a BFL unit you don't know if exists, and that they tell you that you will receive in July if ordered now (and most likely later!)

Both of them seems quite risky to me, but if I had enough coins bought cheap, I would take both

you would still be better off buying 5 bfl units in the long term, even if it were another month or two delay.

That's true, the fact here is that "a two months delay" seems VERY optimistic. But with that 400% price increase of Avalon, I'm sure that a lot of people who saved money for AVALON batch three will prefer to take the gamble with BFL just because if you loose, you will loose a lot less (let's don't forget also that BFL units are supposed to be way less "power hungry").

In any case, greed is taking over.

Normally, first batch should be more expensive, third batch much cheaper, because obviously ROI diminishes day by day. But as AVALON is, at the moment, the only proved legit ASIC company (apart from ASICminer, who don't sell their units), they can set up the price they want. I'm sure they will sell at least 50% of the third batch at those insane prices because, again, greed is taking over

[tigerfree]

Fuck if they sold 600 unit for 6000$ they will make 3,600,000$ how they manged to make batch 1 and 2 lower and batch 3 higher price FUCK  i was going to buy it  .

[Miner99er]

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

[Bowjob]

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

You'd rather buy a box of fans than something that actually exists?

[BitcoinINV]

Well they are in the position to do this, the price is just... wow lol Guess good things come when you say something and follow through with it.

[Miner99er]

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

You'd rather buy a box of fans than something that actually exists?

If it comes to getting 66-67 GH/s or waiting a bit and getting 240 GH/s for the same price... Kind of a no brainier there.

[Aseras]

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

You'd rather buy a box of fans than something that actually exists?

I think that while BFL lost the "race" to release first, and the pole position, I think long term they will get their product out in some form. Even if they don't come out until august, its a better deal. Even at double or quadruple the power its still a better deal.

I was considering buying 10-20 batch 3 units. However at this price it's not gonna happen I'd rather just lock in a minirig and wait. One small unit, much less power and much more refined.

I'm in it for the long term and not for a quick buck. I'm a university researcher.

Asking for a price in btc, ok. Thats the idea of btc. Asking for a huge amount basing it on expected ROI is absurd. Bitcoin value could crash tomorrow.

[Minor Miner]

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market?   Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

[Fuzzy]

You can buy a BFL minirig for 500 btc, and delivery would probably be in the same timeframe.

You can "buy" one, yes. But you are not going to get any ROI, because no working BFL ASIC hardware exists.
Avalon does exist and currently running units get an insane ROI.

This here is the crux, as I said before, Avalon are the ONLY company to have delivered ASICs. They can charge whatever they want, and should, while they still can.

It's almost embarrassing to admit I have a BFL order, that operation is such a cluster f***, with a sociopath as their main spokesperson, makes me cringe.

[mtminer]

Two months to ship first 300? So four months to ship the next 600. July or August for batch 3 to hit?

Yikes.

[RoboCoder]

I don't think any of the ROI calculations matter  that much.  The batches sell out super fast.  Therefore there is demand.  Demand means they can ask more money for the product - which is even more true since they effectively have a monopoly.  Does anyone believe that even with the price that the 600 won't sell out within, lets say a day or so, instead of the 1 hour.. thats all i see as the difference.

I think they are just taking advantage of their position.  Which is certainly not unique to just the Bitcoin world.

[FreedomCoin]

wow...five fucking grand? no....