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Author Topic: CANCELLED [Group Buy in China] Avalon batch #3  (Read 1876 times)
maomao
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March 25, 2013, 10:11:36 AM
 #1

    Do you not have enough BTC to buy a batch 3 Avalon, or are you not willing to risk 75 BTC on a pre-order,or it speed many days to ship ?

    Well... me either, pre-orders for Avalon Batch #3 open tomorrow morning and will likely sell out quickly.

    I am offering to collect funds to represent a group of investors here at Bitcointalk.org to buy a batch 3 Avalon ASIC. Read the following terms carefully before investing with me. You are basically buying a piece of an Avalon ASIC that I will host myself for a small fee.

    Why you should trust me? I am just your average crypto coin enthusiast that really wants to get an ASIC he cannot afford at the moment. I figure there are a lot of people in the same boat as I am, so there might be enough people interested to make this happen. I am in good standing in the community here on Bitcointalk.org. I am bitfish in china,the owner of
ltcbbs.com. I am as trustworthy as they come, all I want is to provide a service for people that can't afford Avalons.

We can contact  ngzhang via email(ngzhang@avalon-asic.com) if we want to order 50 units and more.There are about 10-20 UNITS NOW,SO we should need more and we can mine in our IDC .
Terms:

1、Dividends will be payed monthly to the Bitcoin address you send your original investment with. (Make sure you can both send and receive Bitcoins from this address!!)
2、Before dividends are divided up and payed, electricity costs (~.12 Kwh), a 3% hosting fee, and the pool's fee (yet to be determined) will be taken out of the net profits.
3、Shipping costs will be taken out of the first dividend payment.
4、Dividends will be paid proportionally according to each investors initial investment [investing 1 BTC in a 75 BTC ASIC gets you 1/75 of the profits (after subtracting electricity costs and a 3% hosting fee).]

5、If there's not enough Bitcoins collected to buy an Avalon ASIC, then all funds will be immediately refunded to the address with which they were sent.

If I collect enough funds for more than one Avalon, then I will purchase however many the group fund can afford.

Any left over funds collected will be refunded to the last investors in line. Unfortunately, those investors left out will not receive any portion of dividends (for the amount they were refunded), but nonetheless will be refunded 100%.
Remember that TIME IS BTC!!


I will use this thread to keep investors updated for now, until a better solution is determined in the near future.


How to invest:
Minimum investment is 1 Bitcoin
Send your investment to 1BitFishC3h9kdf9F21n2aUw6UBxnGW33k
Reply with the Bitcoin address you are sending from and the total amount you are investing.
I will confirm in the OP that you have payed and reserved your shares in the group buy.

Reply  PM me with any questions. Ordering for Batch 3 opens in only about 7 hours, so if you are interested send your coins in ASAP![/list]
QQ:1015992463   QQ GROUP 280277743  http://weibo.com/535021235
EDIT: Lowered hosting fee to 3%
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maomao
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March 25, 2013, 10:16:23 AM
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List of Investors:

bitcointalk.org Forum Name - Bitcoin Address - Amount Invested
Wayne_Chang
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March 25, 2013, 10:42:45 AM
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Interesting!
I am in China too.
I will consider this investment.
maomao
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March 25, 2013, 11:06:33 AM
 #4

Thanks for trusting me,225BTC received!  dae513ef32f5103d1704cc745c33bf142c9f6627db76283b6a00de40ab0d1333  please PM or QQ me
myhoho
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March 25, 2013, 10:00:25 PM
 #5

Why was it cancelled?
Wayne_Chang
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March 25, 2013, 11:02:14 PM
 #6

Batch #3 already sold out.
mitak64
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March 25, 2013, 11:17:01 PM
 #7

Seems still available, just checked !?
myhoho
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March 25, 2013, 11:45:04 PM
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Seems still available, just checked !?

153 in stock
mitak64
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March 25, 2013, 11:53:50 PM
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Where do you look for that number ?
myhoho
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March 25, 2013, 11:58:05 PM
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Where do you look for that number ?

Will tell you for 2 bitcoins ).  Upd: 152
grue
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March 26, 2013, 12:00:22 AM
 #11

Where do you look for that number ?
go on http://store.avalon-asics.com, try to buy 999 units. it will fail and tell you how many units are actually in stock.

It is pitch black. You are likely to be eaten by a grue.

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mitak64
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March 26, 2013, 12:19:57 AM
 #12

Where do you look for that number ?

Will tell you for 2 bitcoins ).  Upd: 152

I don't have any left, spent them all on a 3-module one, this morning when they opened the sale  Grin
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