[Cancelled] Big Time Coin selling 90 GH/s bitcoin mining devices - Batch A

[dan99]

ya, something 100gh/s and cheaper than others..September is a long way.. by that time avalon, butterfly, knc, asicminer will already saturate
the markets.. Speed and Timing, as you can see avalon is 1 year a head of butterfly.Avalon fab or factory goes 24/7 butterfly fab probably goes
8/5 a week or 6/5 a week  how to match those guys overseas.

[Big Time Coin]

I understand the desire for more hashes, but these are avalon chips and the most that you can fit into a 4U case with a 1000W psu with adequate heat dissipation characteristics is 90 GH/s which can be overclocked perhaps to 96 GH/s.  You see where BFL is using cases intended for the Single to house the pre-ordered Jalapeno.  You can't argue with the laws of thermodynamics, they are immutable.

[iikun]

If you had some proof of design instead of just an idea and still to get the engineers on board it might be different, but I feel there are too many unknowns yet.

I wish you all the best & hope you really do come up with another option for us all, but if I was to pay your price for that spec I would want to know it's actually possible, given today's asic market. Faced with a pre-order situation I feel either Burnin or Avalons 2/3 mini-rig would be safer options.  

As a note (and from the comments here), I think most people would not be willing to risk the 75BTC upfront price.  If you considered a half sized unit you might see one or two more adventurous punters take you up.

[Mats8500]

If you had some proof of design instead of just an idea and still to get the engineers on board it might be different, but I feel there are too many unknowns yet.

I wish you all the best & hope you really do come up with another option for us all, but if I was to pay your price for that spec I would want to know it's actually possible, given today's asic market. Faced with a pre-order situation I feel either Burnin or Avalons 2/3 mini-rig would be safer options.  

As a note (and from the comments here), I think most people would not be willing to risk the 75BTC upfront price.  If you considered a half sized unit you might see one or two more adventurous punters take you up.

This is also my feeling. You definitely look like a nice guy and you are risking a lot there. I hope it all turn out to work good for you. But there is too much risk involved for a customer as BFL started shipping.

[Big Time Coin]

I am going to have to revise the timeline due to the following unforeseen circumstances:

1) Lack of qualified job applicants. 
2) Avalon has not moved any of the bitcoins sent to the pre-order address, has not communicated the cause of or length of delay for batch #2, and generally may be late in getting out the open-source specs, sample chips, and final chip orders.

As such, I will not be opening to pre-orders until, at the earliest,

1) I have received the sample chips, which should occur on or about May 15, 2013,
2) Avalon has released the PCB and FPGA open source reference designs, which should occur on May 1, 2013. 
3) I have an engineering/assembly team to consult with regarding production timeline and timeliness feasibility.

Once these things have happened, then I will revise the timeline and open up for either full pre-orders or chip deposits.

[dan99]

Wow you expect them to send you the sample chips and pcb board schematic so early, if you ask me it will be at month end and early June or even late June.. do you think avalon will send out the specs so early? 320 chip x $7 = $2,240 + $100 for other parts, $2,340 - $10,000 or 75 bitcoin  = $8,460? you make good profit  

[bitpop]

Can we order yet?

[kevcoins]

they will not likely send out the sample chip early

[bcpokey]

Props to this guy for not just raking in peoples money on the promise of turnaround that seemed unlikely. I'm guessing sample batches have yet to be delivered.

[rammy2k2]

as i said in another topic ... when i see PRE-orde .. i run away 

how about ORDER and ESCROW ? 

[kevcoins]

as i said in another topic ... when i see PRE-orde .. i run away 

how about ORDER and ESCROW ? 

Ya, Order and escrow or paypal

[bitpop]

How the hell is bfl getting away with PayPal?

[Bitcoinorama]

How the hell is bfl getting away with PayPal?

Paypal is massive, and BFL is yet to be inundated with refund requests as people hang in. I don't think it's on their radar yet.

[bitpop]

I had my PayPal suspended dozens of times, sometimes for just being late 1 day shipping and they put me through hell drop shipping once. There's something shady at PayPal with bfl. Hope at least all the money is being held.

[btceic]

I really do not understand these companies, sigh, they really do not realize how much people would throw at them if they actually produced a working and shipping model.

People are spending $1200 just for 4 video cards at < 3GH/s

[ecliptic]

Also nobody knows when Avalon is actually shipping their chips..

[Bitcoinorama]

I had my PayPal suspended dozens of times, sometimes for just being late 1 day shipping and they put me through hell drop shipping once. There's something shady at PayPal with bfl. Hope at least all the money is being held.

You didn't make Paypal a shit load of commission, they probably think BFL are amaze balls right now!

Paypal take like a 2.9% cut you know...

[relm9]

I had my PayPal suspended dozens of times, sometimes for just being late 1 day shipping and they put me through hell drop shipping once. There's something shady at PayPal with bfl. Hope at least all the money is being held.

You didn't make Paypal a shit load of commission, they probably think BFL are amaze balls right now!

Paypal take like a 2.9% cut you know...

Exactly, if you are a big customer PayPal will work with you. They cut no slack for the little sellers however.

[tiros]

Tracking number received for my 4/1x/13 chip order - shipment info recieved only

And to respond to "pics or it didn't happen":

Office and assembly is move in ready to get going May 1 and the first set of chips have been ordered.

Any news?

[Cablez]

PROJECT CANCELLED

1) Still have not received sample chips although it has been 6 weeks since my order
2) Have been unable to recruit a team of engineers
3) Have devoted insufficient time to the project
4) have decided that taking pre-order money to finance project would be a huge financial risk due to intolerably high likelihood of project failure presented by 1-3
5) post left up for posterity

Product offered for sale:
Modular mining device Made in the USA by Big Time Coin using chips bought from Avalon.

Contingencies: If Avalon fails to deliver the chips on time, the estimated dates cannot be met.  
If they fail to deliver the chips at all, the devices cannot be constructed.  Avalon has agreed to sell
the chips to Big Time Coin but has no other affiliation or association with this project.

Refunds:  Refunds are offered on a common sense basis where good cause is shown for the breach
of contract to buy.  Only the portion of the payment that was not forwarded on for chip purchase can be
refunded prior to receipt of chip shipment.  After chip shipment recieved and tested, BTC will
attempt to issue bitcoin refunds from the chip purchase portion of customer orders if possible.  
Non-chip-ordering payment portions will be converted into US Dollars and all non-chip-ordering
portion refunds will be processed using US Dollars.

Website currently under construction - launch will be announced in this thread www.bigtimecoin.com