Canaan Avalon A7 Group Buy - Hosting at CryptoBoreas (Canada)

[HashZilla]

izat US or C$?4

buyers 14, 15 and 16 on the other group buy are to Canada for a total of 8.

[Steamtyme]

That was Canadian, using the numbers from the canaan site for estimated shipping and todays exchange. Also a CBSA calculator which estimated around 6900 for duties and taxes, it does note that as personal use so i'm not sure what they would say about a group of personal users. Not bad but it doesn't look like we are close enough to 60 to make it happen.

[Steamtyme]

That was Canadian, using the numbers from the canaan site for estimated shipping and todays exchange. Also a CBSA calculator which estimated around 6900 for duties and taxes, it does note that as personal use so i'm not sure what they would say about a group of personal users. Not bad but it doesn't look like we are close enough to 60 to make it happen.

I've also never set one of these up before so maybe I'm missing something.

[allinvain]

If one of you had a business you would pay only GST. For example we (CryptoBoreas) pay 5% import taxes when the shipment is made out to our business name.

I would also like to say that if any of you join anyone else here on the thread on a group buy neither I nor CryptoBoreas would be held responsible for any events that may transpire. I suggest starting your own group buy thread if any of you are serious about putting together a group buy.

Cheers!

[Steamtyme]

If one of you had a business you would pay only GST. For example we (CryptoBoreas) pay 5% import taxes when the shipment is made out to our business name.

I would also like to say that if any of you join anyone else here on the thread on a group buy neither I nor CryptoBoreas would be held responsible for any events that may transpire. I suggest starting your own group buy thread if any of you are serious about putting together a group buy.

Cheers!

Thanks for the tip, yeah I think we just congregated here as Canadians, didn't seem to be enough interest to try and set up a Canadian buy.

[allinvain]

If we had spare power and enough interested parties I would have no problem reviving this group buy. Alas we don't have additional capacity yet and even when we do we have a huge customer waiting list to fulfill.

Another thing to consider is I think Canaan is not accepting BTC payments on the large pallet purchases.

[luvien]

I would be interested, I live in Quebec, Canada.

LJ

[Philopolymath]

Well since the recent group buy of Philip is frozen we have some choices...

Sounds like he is still going to see if Canaan will accept smaller batch buys to allow BTC payment..
His after all in touch with an official rep from Canaan..(Steve  forgothislastname).....

So maybe we can still group just us Canucks together for a smaller batch but have Phil execute it..
Doubt Canaan would do the shipping to all the individuals in Canada..
We would probably have to take shipment from him..or sidehack etc..

Just exploring options to see if any interested..
I still think this may be our best shot at getting some A7's...at a decent price..in near future..low risk

.site sells out so fast and resellers are too risky and greedy..

BUT NO LEAFS FANS

[philipma1957]

Well since the recent group buy of Philip is frozen we have some choices...

Sounds like he is still going to see if Canaan will accept smaller batch buys to allow BTC payment..
His after all in touch with an official rep from Canaan..(Steve  forgothislastname).....

So maybe we can still group just us Canucks together for a smaller batch but have Phil execute it..
Doubt Canaan would do the shipping to all the individuals in Canada..
We would probably have to take shipment from him..or sidehack etc..

Just exploring options to see if any interested..
I still think this may be our best shot at getting some A7's...at a decent price..in near future..low risk

.site sells out so fast and resellers are too risky and greedy..

BUT NO LEAFS FANS

They usually start replying to my emails about this time still waiting.

[Steamtyme]

Well since the recent group buy of Philip is frozen we have some choices...

Sounds like he is still going to see if Canaan will accept smaller batch buys to allow BTC payment..
His after all in touch with an official rep from Canaan..(Steve  forgothislastname).....

So maybe we can still group just us Canucks together for a smaller batch but have Phil execute it..
Doubt Canaan would do the shipping to all the individuals in Canada..
We would probably have to take shipment from him..or sidehack etc..

Just exploring options to see if any interested..
I still think this may be our best shot at getting some A7's...at a decent price..in near future..low risk

.site sells out so fast and resellers are too risky and greedy..

BUT NO LEAFS FANS

They usually start replying to my emails about this time still waiting.

It would be nice if they just helped that order along; and let us bang out 3 smaller orders right quick make everybody happy. I'll definitely wait to hear if we get good news before making any other plans.
But if the worst should happen maybe we could salvage a North America order if we keep within the BTC payment cap.

[Didley1JT]

Well since the recent group buy of Philip is frozen we have some choices...

Sounds like he is still going to see if Canaan will accept smaller batch buys to allow BTC payment..
His after all in touch with an official rep from Canaan..(Steve  forgothislastname).....

So maybe we can still group just us Canucks together for a smaller batch but have Phil execute it..
Doubt Canaan would do the shipping to all the individuals in Canada..
We would probably have to take shipment from him..or sidehack etc..

Just exploring options to see if any interested..
I still think this may be our best shot at getting some A7's...at a decent price..in near future..low risk

.site sells out so fast and resellers are too risky and greedy..

BUT NO LEAFS FANS

They usually start replying to my emails about this time still waiting.

Fingers crossed.

[HashZilla]

In the interest of making progress on the Avalon 741 Group Buy I would like to make a suggestion. Instead of asking Canaan to change their payment policy, can the Group change it's payment currency to match Canaan's policy?

This could be done using a payment service that accepts Bitcoin to make international wire transfers in USD.  There is a company called Bitwala that provides this type of service.  They appear to hold an exchange rate for a short period of time which could reduce our risk/cost.

https://www.bitwala.com/btc-to-usd/

The company is active on this forum (user name bitwala)

https://bitcointalk.org/index.php?topic=944782.0

I think at the least we should ask for a rate quote, what do you think?


(I have no experience or association with Bitwala)

[philipma1957]

 I think it may not be  btc or bank payment
It could be this

I have drawn the following conclusion if I do a 100 unit single group buy or a pair of 50 unit group buys or a set of three 34 unit group buys at my very small mark up I will under cut all the other people buying pallets of 60.

By huge number so every reseller in the world would hate me.

Soooo I would think resellers all over the world don't want the group buy I organized to get off the ground

As I would kill their sales. Sooo I wonder if I will ever get my group buy approved.

I got a polite maybe in an email reply from Steve early today. I felt he was holding back. I now think some

Resellers asked for protection from my low profit group buy.

[sidehack]

The question then becomes, are you getting the same price a reseller would who orders a similar quantity? Because if that's the case then they can put it up their butts.

[Philopolymath]

Well I doubt very much that a sufficient amount of resellers would or could collaborate AND have the power to lobby to prevent such a sale..
A group buy larger than a 60 unit pallet is a far more cost effective & significant order compared to a wack of individuals.

Further I doubt Canaan gives a shit about resellers
On the contrary I would think resellers only make more problems and resentment for Canaan.

I would suggest they should be far more interested in satisfying a group of serious established miners/buyers.

And not so stupid as to risk alienating such an influential group.
I'm sure some of us are also resellers.

Would we get the same treatment from Bitmain or Ebit?

It would be most unwise for Steve to dick around with us..He's no fool ...I must assume his job is to help expedite sales after all.

As far as Canaan is concerned this actually would be a single address customer purchase..
We are just reselling to ourselves after pooling payment and receiving the shipment.
Canaan would like-wise be on the hook for individual warranties from resellers anyway...
So there is really no incentive to discriminate against us... rather a risk to do so I would think.

Of course politically/geographically/economically speaking there may be some very good reasons for Canaan to discriminate against "Foreign" miner proliferation.

Sometimes maybe really does... just mean.... maybe.....but I doubt that too..especially in this case..

I suggest a bribe and some booze and hookers usually does the trick...

[allinvain]

Whoever organizes the group buy is on the hook for taking care of any future warranty/RMA procedures. We must keep this in mind because in Canaan's eyes they have ONE single customer and that customer is whomever received the gear.

Also they do not give any meaningful discounts to modest miner purchases. If you guys want meaningful discounts you're going to need to order 1000 or more A7s. I tried in the past and was told exactly this.

I don't think they have any political or geographical bias though. If you got the money they have the miners. Money talks as always so if you can put together a massive order they will be more than glad to fulfill it.

[sidehack]

You say that, but we just put together a $70k order (and only that size because Phil capped it) and are having to convince them to fulfill it. Hopefully he's made some headway with negotiations.

Anyways...

[Steamtyme]

I have a feeling the group buy died out in the last few seconds as Canaan is scrambling, to manage their growth as a company; which includes policies procedures and standards. This also falls into the "wow we're big now" lets make sure we are following all rules and regulations that our government has imposed, in dealing with all forms of currency and exchanges. The latter being a big one because on the face of it any of these large companies can easily appear as a front for money laundering.

My take away from all of it, is that they did care enough to try and work with and help us. They just lack the customer/sales support staff, as well as logistics planners for their current demand in the industry. I do look forward to continuing to deal with them in the future. Hopefully they funnel a large amount of their profits into improving these areas.

[HashZilla]

I don't see how this could be a reseller conflict issue. None of us have ordered from resellers, we ordered direct from Canaan.  And likely none of us would order from resellers.  Who exactly are these resellers, I never saw any on the Canaan web site?

[Didley1JT]

I don't see how this could be a reseller conflict issue. None of us have ordered from resellers, we ordered direct from Canaan.  And likely none of us would order from resellers.  Who exactly are these resellers, I never saw any on the Canaan web site?

They aren't approved distributors or anything... Just companies with enough capital to make relatively large purchases from Canaan (or Bitmain) and then resell at an enormous mark-up in other countries. But it shouldn't matter to Canaan (AT ALL) if resellers are complaining. They will sell the same amount of product either way and for the same price.

People are willing to pay the mark-up because of the enormous pain in the ass it is to order from Canaan and the fact that it apparently takes a group of 5 people to write a 6 word response over the period of 5 days...