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Don't ask for refund on Batch 1 chips - 23 (48.9%)
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Author Topic: [Closed]Avalon Chips - 0.081 BTC (Global+Escrow)-BATCH2 SECURED  (Read 100135 times)
bigtimespaghetti
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August 30, 2013, 03:21:09 PM
 #801

Is it realistic that all these calls for refunds will even be processed by Avalon?




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evilscoop
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August 30, 2013, 03:22:29 PM
 #802

Is it realistic that all these calls for refunds will even be processed by Avalon?

probably not, they have become another bfl tbh
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August 30, 2013, 06:33:42 PM
 #803

I can't see why Avalon would not attempt to fill the order to at least salvage some reputation. But there is obviously a lot going on behind the scenes that we have no knowledge of, the fact that we haven't been told doesn't really instill confidence either.

With such large sums involved I'm pretty shocked that Avalon have been so quiet.

Maybe when I arrive back from my holiday I'll have a bunch of ASICS waiting for me lol





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August 31, 2013, 07:33:43 PM
 #804

avalon just offered full refund of every order made earlier than June 1st.

because first batch was ordered 23/5, first batch fits requirement for refund.

@Steve: Could you please tell me you statement?
klondike_bar
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August 31, 2013, 07:39:54 PM
 #805

If there is a chance for this GB to refund, count me in Otherwise, I just hope to have my K16 (i only got one) ASAP so i can mine at least 50% back

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
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August 31, 2013, 07:53:46 PM
 #806

If there is a deciding point, I would take refund for B1


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August 31, 2013, 08:45:57 PM
Last edit: September 01, 2013, 09:52:54 AM by alchimista
 #807

avalon just offered full refund of every order made earlier than June 1st.

because first batch was ordered 23/5, first batch fits requirement for refund.

@Steve: Could you please tell me you statement?

I'm up for refund.
https://bitcointalk.org/index.php?topic=285477
If they are refunding batches ordered until 1st of June, maybe they didn't pay the factory at all. Maybe our chips have never been produced.
Why give refunds for early orders if not?

Also, i will accept any democratic choice: no problem if the most of the people wants the chips.

"Ab tam tenui initio tantae opes sunt profligatae"
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DaGreatRV
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August 31, 2013, 10:13:43 PM
 #808

It's always been a hobby for me, so I still want my ASICs, even if I won't make a net profit.
Though I can understand that for some of you it is pure business.
Anyway, I'd like my chips sooner rather than later.  Roll Eyes
BitCsByBit
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September 01, 2013, 03:03:39 AM
 #809

Yifu stated a new cutoff date of 22 of June.

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klondike_bar
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September 01, 2013, 05:11:19 AM
 #810

It's always been a hobby for me, so I still want my ASICs, even if I won't make a net profit.
Though I can understand that for some of you it is pure business.
Anyway, I'd like my chips sooner rather than later.  Roll Eyes


there is other equipment available now that has a better ability to make a profit, as well as the fact that the produced K16s will be marked waay down in the near future (think asicminer)

Im in a similar boat as you, but a refund would be faster and better to re-invest in a gen2 product

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
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dddbtc
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September 01, 2013, 05:55:09 AM
 #811

I would be in for a refund.  Could a poll be added to the topic?
DobZombie
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September 01, 2013, 01:39:16 PM
 #812

Steve, what's going on mate?

We doing refunds! Partial refunds?

Can we go half refunds! Half deliveries?  Just so yo can still cover some of your initial outlay?

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OracionSeis
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September 01, 2013, 01:49:16 PM
 #813

We are fucked by Avalon i guess.. and no refund policies ... it has expired on 26th OF MONTH!

Time off to sleep ... ( ̄︶ ̄)~
alchimista
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September 01, 2013, 01:51:05 PM
 #814

Steve, what's going on mate?

We doing refunds! Partial refunds?

Can we go half refunds! Half deliveries?  Just so yo can still cover some of your initial outlay?

He has been connected yesterday, i think he's reading the topic and he is evaluating the possibilities. I understand it must be very complicated for him, dealing at the same time with factory (and expenses, orders) and customers (and new avalon refund policy).

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Henchman24
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September 01, 2013, 03:23:18 PM
 #815

As a batch 1 customer, I agree a refund seems like the best option at this point.

I just don't want that decision to cost Steve anything.
Plazma
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September 01, 2013, 06:28:07 PM
 #816

Are the boards fully payed. Do you keep the funds in btc or are they payed/converted. How much can we get refunded.

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September 01, 2013, 08:18:48 PM
 #817

Are the boards fully payed. Do you keep the funds in btc or are they payed/converted. How much can we get refunded.

I asked him personally ;

Code:
Hi,
It's a bit late as i have paid for the components already..

this is the answer i guess all things are paid!

Time off to sleep ... ( ̄︶ ̄)~
Henchman24
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September 01, 2013, 09:18:27 PM
 #818

Are the boards fully payed. Do you keep the funds in btc or are they payed/converted. How much can we get refunded.

I asked him personally ;

Code:
Hi,
It's a bit late as i have paid for the components already..

this is the answer i guess all things are paid!

Still, I'd be willing to eat the cost of boards/components if we can get the chips refunded.  That would still be the more profitable route at this point.

Steve, please weigh in and let us know our options.
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September 01, 2013, 09:59:42 PM
Last edit: September 01, 2013, 10:13:14 PM by invader
 #819

Im in for full refunds of the chip price. The best possible option for now is to wait until 2nd gen chips samples and specs would be available. Also, in my opinion, as the new chip would be mostly compatible (at least what was stated from avalon) it's very likely that K16 pcb's with a little changes could handle 2nd gen chips, so most of the already ordered components can be reused.
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September 02, 2013, 11:55:50 AM
 #820

I am with marto on this one:
I want my chips sent to my assembler.
I do not want a refund.

can you explain why?

do you have a method and you will see ROI ?

do you know something that we do not know?

- or is more like curiosity... to see the PCB populated and up and running knowing that you will NEVER get your invested money back... and talking about profit is useless


Yep
1. I don't need them to ROI, i have payed with bitcoins mined from my farm witch have ROI-d itself long time ago. So this is reinvestemnt for me.
2. I don't pay for electricity
3. They will ROI. It will take 4 months for that according to my calculations.
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