Avalon batch [2] countdown!

[rudrigorc2]

I am using "Discus Fish" pool now. Seems stable.

Aha!

[1715370200]

1715370200

[1715370200]

1715370200

[1715370200]

1715370200

[farproc]

Waiting……

Come on, Avalon!

Save the date, blockchain waits for no one.

[greaterninja]

I guess the next ASIC company will be a private equity firm investing +9 figures on Bitcoin ASICs development, they will probably end up controlling +51% of the network and...........

*puf*

Bitcoin is gone.

Let me repeat what you've said: Somebody will invest +9 figures in BTC ASIC and then destroy it's own investment? Why bother to manufacture ASIC, why not burn money instead in nice beach-fire? There is 0 logic in your reasoning.

If somebody makes new powerful ASIC, let's say by using the chip nm technology reduced to 1/4 of the current one, he can realistically make enough mining power to control 51%. What would you do if you were that person? Distribute new THs's to divergent mining pools, mine honestly and dominate the market, ofc. That way you'll maximize your investment, not by destroying BTC.

Asic miner, bfl, and avalon are at 7-8 figures already.

[btcsql]

Bump for us Feb 2nd customers who still have heard nothing and have 75 * x BTC on the line.

[Bowjob]

On the bright side, looking at the hashrate, it clearly is a bubble.

[Rampion]

I guess the next ASIC company will be a private equity firm investing +9 figures on Bitcoin ASICs development, they will probably end up controlling +51% of the network and...........

*puf*

Bitcoin is gone.

Let me repeat what you've said: Somebody will invest +9 figures in BTC ASIC and then destroy it's own investment? Why bother to manufacture ASIC, why not burn money instead in nice beach-fire? There is 0 logic in your reasoning.

If somebody makes new powerful ASIC, let's say by using the chip nm technology reduced to 1/4 of the current one, he can realistically make enough mining power to control 51%. What would you do if you were that person? Distribute new THs's to divergent mining pools, mine honestly and dominate the market, ofc. That way you'll maximize your investment, not by destroying BTC.

First, you underestimate how good investment could be for the FED to invest only 9 figures to destroy an experiment that has the potential to seriously undermine their hegemony.

Secondly, i dont care if the entity owning +51% is honest and in good faith, because the core characteristics of Bitcoin are:

1. Trust-free
2. Decentralized

If one single entity controls +51% of the network you need to trust that entity to do the right thing, and the network is not decentralized anymore.

If you do not understand 'this logic' you need to read a little bit more about Bitcoin and think about why is such a powerful concept.

[itod]

I guess the next ASIC company will be a private equity firm investing +9 figures on Bitcoin ASICs development, they will probably end up controlling +51% of the network and...........

*puf*

Bitcoin is gone.

...

First, you underestimate how good investment could be for the FED to invest only 9 figures to destroy an experiment that has the potential to seriously undermine their hegemony.

First you said "private equity firm", and when I pointed out there is no sense investing to destroy your investment, now you mention FED's. I don't know if FED can do it and politically survive something like that, but any private equity firm would be crucified for such a move by it's shareholders. I don't want to go into political discussion if any government would/will burn taxpayers money in such manner, but there is slim chance any private company would do such a folie.

[Rampion]

I guess the next ASIC company will be a private equity firm investing +9 figures on Bitcoin ASICs development, they will probably end up controlling +51% of the network and...........

*puf*

Bitcoin is gone.

...

First, you underestimate how good investment could be for the FED to invest only 9 figures to destroy an experiment that has the potential to seriously undermine their hegemony.

First you said "private equity firm", and when I pointed out there is no sense investing to destroy your investment, now you mention FED's. I don't know if FED can do it and politically survive something like that, but any private equity firm would be crucified for such a move by it's shareholders. I don't want to go into political discussion if any government would/will burn taxpayers money in such manner, but there is slim chance any private company would do such a folie.

Never underestimate greed.

EDIT:

And BTW: I know that in the FED's website is stated clearly that it is not a private corporation, and that it is not for profit, etc. etc. etc. But I assume that nobody here believes that BS.

100% of the FED's shareholders are private banks. The people running the FED are just ex-CEOs of the investment banks ruling the financial system. And yes, the purpose of the FED is to generate profits for their private shareholders, and to protect the hegemony of the plutocracy. Thus, the FED is a perfect example of a private corporation with a huge interest in controlling BTC.

[josh_nc]

I guess the next ASIC company will be a private equity firm investing +9 figures on Bitcoin ASICs development, they will probably end up controlling +51% of the network and...........

*puf*

Bitcoin is gone.

...

First, you underestimate how good investment could be for the FED to invest only 9 figures to destroy an experiment that has the potential to seriously undermine their hegemony.

First you said "private equity firm", and when I pointed out there is no sense investing to destroy your investment, now you mention FED's. I don't know if FED can do it and politically survive something like that, but any private equity firm would be crucified for such a move by it's shareholders. I don't want to go into political discussion if any government would/will burn taxpayers money in such manner, but there is slim chance any private company would do such a folie.

Never underestimate greed.

EDIT:

And BTW: I know that in the FED's website is stated clearly that it is not a private corporation, and that it is not for profit, etc. etc. etc. But I assume that nobody here believes that BS.

100% of the FED's shareholders are private banks. The people running the FED are just ex-CEOs of the investment banks ruling the financial system. And yes, the purpose of the FED is to generate profits for their private shareholders, and to protect the hegemony of the plutocracy. Thus, the FED is a perfect example of a private corporation with a huge interest in controlling BTC.

I think we all should start looking at the FED and ALL Central Banks from the other side of the looking glass. Their main objective has been to generate DEBT at any cost. They are behind ALL wars and all governments. Where do you generate the most debt? Inside governments and the less these governments represent the people and the more corrupt they are, the more debt gets generated.

GENERATE DEBT is their #1 priority! Engrave this in your mind. IT WILL ALL make sense if you look at our world from this prism. And of course, these people have got to go! I sincerely hope BTC will contribute to their demise.

J/

[pajak666]

ZOMG I can not belive there are some bitcoin enthusiasts, who don't hate FED and current paper currency linked to debt.

[btcsql]

Bump, still no newsletter update. Where are the Feb 2nd orders? Or are us Feb 2nd WalletBit users ever going to see anything, whether it be an ASIC or our BTC back?

[candoo]

Bump, still no newsletter update. Where are the Feb 2nd orders? Or are us Feb 2nd WalletBit users ever going to see anything, whether it be an ASIC or our BTC back?

Avalon statement: "No news is good news"

how often shall we repeat that?

[tiananmenqian]

Bump, still no newsletter update. Where are the Feb 2nd orders? Or are us Feb 2nd WalletBit users ever going to see anything, whether it be an ASIC or our BTC back?

Avalon statement: "No news is good news"

how often shall we repeat that?

i am crazy

[btcsql]

Bump, still no newsletter update. Where are the Feb 2nd orders? Or are us Feb 2nd WalletBit users ever going to see anything, whether it be an ASIC or our BTC back?

Avalon statement: "No news is good news"

how often shall we repeat that?

Until you and I and everyone else gets their WalletBit F'UP Feb 2nd Order

[kinitex]

Avalon statement: "No news is good news"

how often shall we repeat that?

Yes, but when you have something that made close $400 a day in the month of May, and now makes just $265 for the first half of june, and probably under $200 for the last half of June, one update a month does not seem appropriate. Considering the amound of money both invested, and being lost everyday an update once a week of where things are would go miles in terms of customer support. We all realize delays, hiccups and mistakes are going to happen in this nature of business especially being the first one to bring this technology to the field.

It's just smarter to keep everyone in the loop, instead of no news is good news, while shipments continue to be delayed month after monther, thousands after thousands.

[rudrigorc2]

Bump, still no newsletter update. Where are the Feb 2nd orders? Or are us Feb 2nd WalletBit users ever going to see anything, whether it be an ASIC or our BTC back?

Avalon statement: "No news is good news"

how often shall we repeat that?

3 months late dude, 3 months.  Is that good news?

[farproc]

I'm losing patience. Avalon, please say something.

[Milan77]

when diff reaches 50.000.000 they WILL ship our devices

I had patience for long time, but now I feel Avalon has ripped off our asses. Congrat. to them.
If they only had alternative.

[Wayne_Chang]

What a pity that there are many people ordered their chips and have an even much longer waiting than us in the forum.
These people should come in this thread and know what Avalon team really is!

[Bowjob]

Maybe the Chinese gov't confiscated the ASICs and are now mining with our machines?