Avalon Batch #2 First Delivery WATCH Thread (or First Tracking Info)

[WinTame2012]

HOWEVER

Back in February price was in the low double digits. Then it skyrocketed and media exposure was obscene. A lot of people saw that and entered back in the mining game with GPUs. Look at it this way - it costs at most 50-60 dollars to produce one bitcoin using GPUs, and that's assuming a very inefficient setup. So profitability for GPU mining is very high right now, and that keeps drawing lots of people in.

I'm mining with GPU for a while and haven't stopped even in those $5 times.

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[costapete]

ASIC dont Right? ASIC on Time?

[JimiQ84]

What about BFL's "testing" units? Also Avalon team has testing units, which they admitted.

[darkip]

Also Avalon team has testing units, which they admitted.

Yes, but given we haven't seen an increase in network hashrate from this, it's obviously on (a) test net.

[Dhomochevsky]

I think everyone is free to believe whatever they want. I'm not saying the Avalon team COULDN'T mine with the units they built for customers, all I'm saying is that there are other quite plausible explanations (that make good sense) for the increase in hashrate. The crash seems to have been short-lived, since the prices are soaring again. Therefore I think it's fair to say that a lot more people with GPUs are in the network now, than in February.

[cycloid]

I dont think GPU's can account for extra 25TH....

Well all I am concerned about is them dumping those coins before they ship out next batch.
Also with both batches assembled could they not do 51% attack? 

[Bitsaurus]

I dont think GPU's can account for extra 25TH....

Well all I am concerned about is them dumping those coins before they ship out next batch.
Also with both batches assembled could they not do 51% attack? 

Technically if they wanted they could try a 51% attack.  But to what end?  Double send 2 BTC to somebody?  What recipient would not wait for 6 confirmations and notice a fork when dealing with a large amount of coins?

I think people oversimplify the ends of a 51% attack.

[cycloid]

给avalon团队的一封信

有以下几个问题我想了解：
*我的信息是不是佚名的？
*我是不是有一个完整的经营许可？
*我有没有给所有运到中国的货物提供发票？
*出口清关我做的对不对？
*所有的税我都付了么？
*我要不要让我的投资者发火？

Oh wow well why didnt you say so before :facepalm:

 

So when is the invasion?