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Author Topic: Avalon batch [2] countdown!  (Read 141536 times)
snaxion
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May 17, 2013, 11:20:50 PM
 #821

If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.
pikeadz
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May 17, 2013, 11:54:11 PM
 #822

If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.

You're only a MSB if you transact more than $1,000 in a day.  You can mine all you want in bitcoins.  You can even convert $999 a day and you won't be a MSB.  That is an amount most people should be able to live off of.  Mining coins is not a transaction unless you were to receive the proceeds in dollars.  Stay in bitcoin and you will be fine.

Disclaimer:  I am not a lawyer and this is not legal advice.  You can read the official version here though:  http://www.fincen.gov/financial_institutions/msb/definitions/msb.html

If I'm wrong, I have an ugly face so perhaps I would do quite well in the pen.
snaxion
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May 18, 2013, 12:28:07 AM
 #823

If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.

You're only a MSB if you transact more than $1,000 in a day.  You can mine all you want in bitcoins.  You can even convert $999 a day and you won't be a MSB.  That is an amount most people should be able to live off of.  Mining coins is not a transaction unless you were to receive the proceeds in dollars.  Stay in bitcoin and you will be fine.

Disclaimer:  I am not a lawyer and this is not legal advice.  You can read the official version here though:  http://www.fincen.gov/financial_institutions/msb/definitions/msb.html

If I'm wrong, I have an ugly face so perhaps I would do quite well in the pen.

Hot diggety. Thanks for clearing that up.  Looks like I won't be someone's prag after all.  Grin
fpgaminer
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May 18, 2013, 01:13:06 AM
Last edit: May 18, 2013, 01:35:16 AM by fpgaminer
 #824

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How it was declared in invoice and what's the value of unit in USD?

WinTame2012
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May 18, 2013, 01:54:16 AM
 #825

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How it was declared in invoice and what's the value of unit in USD?

Nice! Thank you.

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BenTuras
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May 18, 2013, 04:51:32 AM
 #826

Could it be that the really dirty Avalon machine was one of them that was send to a customer, could not be delivered, came back to Avalon, package opened for inspection and tested, left there for a week or so to solve address issue, sent again, and came back again, inspected/tested again, left open for another week or so and finally sent to this receiver ?

That would explain why it's so dirty...

I am selling in stock OneStringMiner boards, based on the Bitfury chips. Have a look here: https://bitcointalk.org/index.php?topic=495536.0
Vicus
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May 18, 2013, 05:02:06 AM
 #827

Often the right explanation is most simple one.
josh_nc
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May 18, 2013, 08:31:26 PM
 #828

Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.02 tokens Smiley
WinTame2012
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May 18, 2013, 08:33:18 PM
 #829

Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.002 tokens Smiley
Disagree, sorry Smiley

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josh_nc
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May 18, 2013, 08:37:05 PM
 #830

Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.002 tokens Smiley
Disagree, sorry Smiley

Why? I'm being prudent and practical. My reasoning is that as a token bitcoin is not competing with any currency, like gold. You can say gold is a currency but for all practical purposes it is not. You cannot go to any store and buy anything with gold. You can sell your gold for currency and then buy something. Same with btcs. What is your reasoning?
WinTame2012
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May 18, 2013, 08:41:52 PM
 #831

Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.002 tokens Smiley
Disagree, sorry Smiley

Why? I'm being prudent and practical. My reasoning is that as a token bitcoin is not competing with any currency, like gold. You can say gold is a currency but for all practical purposes it is not. You cannot go to any store and buy anything with gold. You can sell your gold for currency and then buy something. Same with btcs. What is your reasoning?
It's been not so long when gold was accepted in stores, at least in US. This simple.

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ProfMac
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May 18, 2013, 08:53:43 PM
 #832

Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.002 tokens Smiley
Disagree, sorry Smiley

Why? I'm being prudent and practical. My reasoning is that as a token bitcoin is not competing with any currency, like gold. You can say gold is a currency but for all practical purposes it is not. You cannot go to any store and buy anything with gold. You can sell your gold for currency and then buy something. Same with btcs. What is your reasoning?
It's been not so long when gold was accepted in stores, at least in US. This simple.

The March 18 FinCEN document called bitcoin a virtual currency.  That distinction is enough to keep it separate from USD, Euros, and the like for purposes of regulation and taxation.  I think, as a group, we call it digital currency or virtual currency in the majority, and it should not be difficult to adopt the uniform language of virtual currency.

I try to be respectful and informed.
neotrix
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May 18, 2013, 09:13:57 PM
 #833

Does batch 2 has started to be shipped ? I still wait 2 of mines, ordered 2 february and for which I'm suppose to pray they arrive to the right adress in Thailand lol...But as not able to have any communication with avalon...I pray.

Anyway if I dont receive it, I will have the right to call avalon a scam then ? If I receive them I will be very happy to post here about.

I understand the delay and anything but with all bugs the shop had for sales of batch2, a case by case support was expected to avoid to send my avalons to another people (We all remind we smetime see the checkout page of other users...)...Let pray...

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
josh_nc
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May 18, 2013, 10:06:34 PM
 #834

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.



I'm wondering if most of the FPGA miners have wrapped it up... or could it be Avalon mining with our rigs before re-starting deliveries (the timing matches)?
Matthew N. Wright
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May 18, 2013, 10:34:49 PM
 #835

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.

Maybe it's the fact that 380 Avalons stopped mining and are being shipped?

tiananmenqian
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May 18, 2013, 11:51:01 PM
 #836

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.

Maybe it's the fact that 380 Avalons stopped mining and are being shipped?

we hope so
01BTC10
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May 18, 2013, 11:56:39 PM
 #837

Hope I'm not order #381.  Cheesy
jspielberg
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May 19, 2013, 12:01:55 AM
 #838

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.

Maybe it's the fact that 380 Avalons stopped mining and are being shipped?

I think I would be fine with them mining with the machines under test while the full batch is being built.  Once the full batch is ready to ship... they all ship out in mass, and no one needs to wonder if they are especially lucky or not.  It also would put and end date to the test phase.  However that isn't what has been communicated.
grue
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May 19, 2013, 12:39:10 AM
 #839

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.

Maybe it's the fact that 380 Avalons stopped mining and are being shipped?
cue conspiracy theories

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organofcorti
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May 19, 2013, 01:08:48 AM
 #840

Would anyone have a factual explanation for the approx. 25 THash/sec recent drop? It is the equivalent of some 380 avalons stopping mining.



I'm wondering if most of the FPGA miners have wrapped it up... or could it be Avalon mining with our rigs before re-starting deliveries (the timing matches)?

There is no 25 Ghps drop in hashrate.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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