FINISHED!

If you would like to buy chips please contribute in group buy #2

https://bitcointalk.org/index.php?topic=189220.0

https://docs.google.com/spreadsheet/ccc?key=0AiYcEqkgyjc_dGU0VzhHRGpOOUxudWkxdWpDN3RmbFE&usp=sharing (new)

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0 (old)



Update:

Yes there's room. We're going by BTC sent now. First come first serve. We will be removing pledges that have not sent BTC soon!

First check out the DIY (Do It Yourself) Thread for Avalon ASICs chips:

https://bitcointalk.org/index.php?topic=161715.0

Hey all, as you all know Avalon just put up a pre-order for their ASICs chips. But they are only selling 10,000 chips per order! This will be over 780 bitcoins (+2.1 bitcoins to ship to the US!) I know 99.9% of you guys and people like me CANNOT afford to buy all these chips alone! So therefore I am putting together a group buy for this! I can ship worldwide but you will be responsible for the shipping costs!

http://store.avalon-asics.com/?product=avalon-asic-chips-10000

Product Description

• the only payment accepted is Bitcoin.
• the chips being sold are packaged and tested.
• the lead time on the chips is 9 to 10 weeks.
• made to order from TSMC foundry and then packaged and shipped.
• the minimum order quantity is 10,000 chips and the maximum order quantity is 200,000.
• the chips are identical to those in Avalon, clocking 282Mh/s per chip.
• the password is “I understand and agree”.
• communication protocol, reference board design provided in early May.
• everything will be open source from FPGA to PCB design.
• we do not offer technical support of any kind, this is final.
• if you do not know what to do with the packaged chips, please do not purchase.

Why you should trust me? I have been around these forums and have a good standing with the community. I have traded over $15,000 worth of bitcoins (I can provide proof). With newer technology (ASICs) my graphics card miners don't seem to put a dent in the harder difficulty and I can no longer afford to rebuy my sold bitcoins to have enough for an ASICs machine so I'm sure most people are on the same boat.

Terms:

• Total BTC PER order is 782.1 BTC!
• The final 2.1 BTC shipping price will be divided by how many ever people are buying the chips - so if 20 then 2.1/20 and will be added to your contribution!
• Minimum BTC required to invest is 1BTC! Which equates to about 12 Chips! 10,000 / 782.1 = 12.76 chips per BTC
• You will be responsible for paying your own individual shipping when the ship arrives in the US (Connecticut)
• Chips will be shipped as soon as they arrived (if time/weather allows) and as soon as I know the address that they're going to.
• Individual Shipping will be required to have tracking! Individual also include custom fees!
• In order to provide the best protection for your investments I will buy packing supplies to make 100% sure your product isn't damaged during the shipment.
• We will be using JohnK's Escrow Service
• We will be paying JohnK 1.5% of 782.1
• There will be a 1% fee for organizing this group buy and shipping out individually to contributors. It takes time to keep track of everything. Takes gas to drive back and forth to ship out. Etc.
• NO BTC WILL BE GOING TO ME! Send to Escrow Address

UPDATE #7

Alright guys. I will be start taking your individual shipping addresses for this order. We will do it email style so it will be much easier for me to keep track. Depending where you are located in the world I will do my best to give you an estimate for the shipping based on how many chips you bought. Also remember how much BTC you contributed to the group and how fast you sent the BTC to escrow will be weighted in when I do shipping etc. That is why I am making a list now.

Without further a due please email the following to avalonasics@gmail.com

*Note for Address please include as much detail as possible and make it accurate as much as possible.

Username:
Real Name:
Address:
Phone Number:
Email:
Other Info:

UPDATE #6

JohnK Confirmed Shipping Address:


UPDATE #5

UPDATE #4

Identifications confirmed! Thanks JohnK!


UPDATE #3

Escrow initiated!



UPDATE #2:


Thanks! I added another column to show how many chips people are getting (Realistically rounding down because you can't have 3/4 a chip lol). I added you for 47 BTC so you will be getting 602 chips! Just makes math and other things easier a bit.

I went ahead and put in the really long number for the spread sheet too 12.820512820512820512820512820513 CHIPS PER BTC!

So please everyone contribute in BTC and not in how many chips you want

I got 12.820512820512820512820512820513 from 10,000 divided by 780 BTC - for shipping and fees I will make it separate later once the 780 is reached.

For example I will be putting in 17BTC so I will make another column in the spreadsheet to tell you how much you will be sending to JohnK.

( 17 + (2.1 / # of people contributing for shipping) ) * 1.02
This way it is a lot more accurate so if you want in just in the number of BTC - no weird decimals though please - .25 / .5 etc. is fine.

AGAIN PLEASE NOTE:

I will use this formula to calculate the total BTC that you will be sending to JohnK:

( [# of BTC Contributing to Pool] + (2.1 / [# of people contributing for shipping]) ) * [JohnK + OP Fees]

Google Spreadsheet:
https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0

UPDATE #1:

Steps:

1. We will all send him BTC to a designated address. (1-3% fees for his troubles)
2. He will order Avalon ASICs chips for us.
3. I will give JohnK my address so the chips will be shipped to me.
4. I will handle the shipment to participants and will make it my #1 priority (1% for my troubles organizing and shipping / gas to drive / time etc.)

How does that sound? NO BTC WILL BE GOING TO ME. Only 1 person sent me BTC so far and he will be refunded.

Check this for updated list: https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0
 

I would say that if Avalon ASICs machine uses about 600W @ 65gh/sec that would equates to about 230 chips @ 600W so about 2.6W a chip? Just a rough calculation lol please don't quote me on it!

You can make your own Avalon Machine

https://bitcointalk.org/index.php?topic=161715.0

about 230 chips in an Avalon = 65Ghash

780 = 2.82 Thash or 2820Ghash

MOTHER OF GOD!!! lol

The value of batch 3 @ 75 BTC for 65 GHash (230 chips) then each 1 chip = 0.28 GHash = 0.33 BTC.

The value of 10,000 chips if priced in an avalon would have cost 3300 BTC = 2800 GHash. 

So a 10,000 chip order for 780 BTC is a steal - about 0.078 BTC/chip.  24% of the batch 3 costs (of course I understand that this doesn't include the remaining costs to build the full miner).

I would only be interested in a group buy if I didn't have to build the unit myself.  If someone planned on building/maintaining a rig, I would buy some shares.  I like the cost value, but I know I could never build a working miner from the chips. 

yes, i understand that.  I am fully aware that these chips need to be integrated into a machine.  That's why I said


and why I also said

i'm in with 3 BTC, but i dont know how to assemble these chips to work for BTC mining, is it hard ?

Hmmm sure wish it was 2014 or 2015 when we'll have those neat 3D PCB printers. Would make this a snap!

I'm going to research this a bit more before deciding upon it; sure would be fun to throw this together but I have to do some research...

i strongly hope a european company to get and use these chips to assemble a final consumer product that will ship
inside the EU. A simple USB miner (like 20GH) would be enough 

People who are interested:[/b]

• 17 BTC - Me
• 10 BTC - rttnpig - PM'd to see if interested in Chips
• 1  BTC -Luckybit - PM'd to see if interested in Chips
• 5 BTC - dmo580 - PM'd to see if interested in Chips
• 2 BTC - dazzle - PM'd to see if interested in Chips
• 3 BTC - rammy2k2
• 40 BTC - Rallye
• 2 BTC - haaning - PM'd to see if interested in Chips
• 15 BTC - GodFader

Total:
95/782.1 BTC