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Author Topic: Announcement from Avalon  (Read 3655 times)
SZD
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March 26, 2013, 04:25:18 AM
 #41

With respect, as someone relatively new to the game..... may I offer the following insights and comments:

  • The timing and structure of this sale prevents a newcomer to the BTC economy such as myself from gaining access - I needed to sell stocks, settle the trade, transfer money to a bank account, wire money to Mt Gox and then finally get BTC to fund a purchase of Avalon equipment. Total delay estimated at 8 - 10 business days - not your problem I know, but worth mentioning perhaps
  • Despite issues of timing, if I take the $16,000 investment for 2 x 85 Gh/s (ttl 170 Gh/s) from Avalon and (ahem) pre-order BFL machines now for an estimated total of 720 Gh/s purchase AND allow for in excess of doubling of difficulty from 12,000,000 to 25,000,000 for delayed delivery I show a total return of $125,000 for Avalon and $273,000 for BFL respectively based on a time frame of 12 months
  • NB- I have a window of recourse with my credit card company and perhaps paypal should BFL not show sufficient evidence within the next 30 days that they will deliver product - no such opportunity or recourse exists with Avalon
Clearly, I have opted to order from your competitor.

Should your value proposition and business model shift to a more competitive stance in the future I look forward to having the option to become an Avalon customer as well.

Best of luck with Batch #3 and beyond and thank you for your groundbreaking contribution to the future of Bitcoin for all.

I'm very doubtful that the difficulty will only double when all the batches are out. And with btc at this exchange rate it's a massive gamble to buy one of these and you may as well make up numbers out of thin air. Is there a difficulty calculator out there that says how it will increased based on added x g/h?
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