Liquid Synergy Designs Inc. -ASIC mining hardware

[Kapz786]

steamboat - partial assembly refunds as you have promised - tell us what to do and lets get the ball rolling......

[lithiumfinn]

It's not like the discounted chips will ever ship. It will just be the same thing all over again.

[Stringchains]

steamboat - partial assembly refunds as you have promised - tell us what to do and lets get the ball rolling......

I agree.

 

[Xian01]

I sent refund request for batch 2 chips on September 19. No response yet.

Same. Requested a refund for 288 chips in batch 5 on the 19th. Waiting.

[nightengale]

It's been a week and a half now since we heard anything from SB?

[KS]

Last I heard from him was on 17/09.

[markm]

It's not like the discounted chips will ever ship. It will just be the same thing all over again.

Its not like the un-discounted chips ever shipped either.

Last we heard Yifu had said he had shipped them. But there has been no word on them arriving so hopefully it is too late now for Yifu to expect anyone to accept them even if they do arrive, unless maybe he will count them as discounted chips.

(Though are even discounted ones worth anything?)

-MarkM-

[KS]

(Though are even discounted ones worth anything?)

Barely. Even if you received them for free, you still need to mount them on something and their power draw isn't exactly best-in-class.

The one market I see for them is China. Cheap PCBs/parts and cheap electricity.

[nightengale]

Then lets find someone in China to sell our boards to.

[Reckman]

(Though are even discounted ones worth anything?)

Barely. Even if you received them for free, you still need to mount them on something and their power draw isn't exactly best-in-class.

The one market I see for them is China. Cheap PCBs/parts and cheap electricity.

electricity is not cheap in china

[KS]

Then lets find someone in China to sell our boards to.

Good luck with that. They'll be making them for 1/10th the price already

[KS]

(Though are even discounted ones worth anything?)

Barely. Even if you received them for free, you still need to mount them on something and their power draw isn't exactly best-in-class.

The one market I see for them is China. Cheap PCBs/parts and cheap electricity.

electricity is not cheap in china

Define cheap for you. For me 0.03 to 0.1$/KWh is cheap.

[wantmyrefund]

Latest status of people who requested a refund and posted to the refund tracking thread. If you would like to add yourself, whether you've requested and received a refund or are still waiting, here is a link to the thread.

https://bitcointalk.org/index.php?topic=299006.0

Last updated: 27-Sep-2013

The list, sorted by refund request date:

Forum Name	Quantity	Batches	Request Date	Date Received	Type - Chips Only or K16
lithiumfinn	16	5	3-Sep-2013 & 12-Sep-2013	19-Sep-2013
rocks	485	3,4	9-Sep-2013 & 14-Sep-2013		K16
xjack	34	6	11-Sep-2013	24-Sept-2013
ScaryHash	264	1,2,3,4,5	11-Sep-2013
wrenchmonkey	75	4	11-Sep-2013	24-Sep-2013
sprint347	16	6	12-Sep-2013 & 22-Sep-2013		K16
dobber	32	3	13-Sep-2013	24-Sep-2013
mwm4bcf	232	4	14-Sep-2013
r3animation	90	2	14-Sep-2013
bobbyremone	80	3	14-Sep-2013
alexuk	100	2	23-Sep-2013

[hoss]

I hate to keep being Debbie Downer but I am confused as to why some of you don't seem to understand the current situation. As of right ‘now’, even  if you got the chips for free, electricity for free, SB shipped the boards for FREE, you WOULD NOT make ROI.  In fact if someone came up to me TODAY with a fully functional (as in 4.5GH with no hardware errors) K16 board and asked $80 for it - I would not buy it at this point.

Again - https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE#gid=0

Realistically if you start mining today, a K16 might produce 0.5BTC before it hits electricity/reward break point.  

[r3animation]

I hate to keep being Debbie Downer but I am confused as to why some of you don't seem to understand the current situation. As of right ‘now’, even  if you got the chips for free, electricity for free, SB shipped the boards for FREE, you WOULD NOT make ROI.  In fact if someone came up to me TODAY with a fully functional (as in 4.5GH with no hardware errors) K16 board and asked $80 for it - I would not buy it at this point.

Again - https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE#gid=0

Realistically if you start mining today, a K16 might produce 0.5BTC before it hits electricity/reward break point.  

Erm, if everything was free, your investment was $0 therefore ROI is at $0. Everything you mine would be profit.

[cpengr]

I hate to keep being Debbie Downer but I am confused as to why some of you don't seem to understand the current situation. As of right ‘now’, even  if you got the chips for free, electricity for free, SB shipped the boards for FREE, you WOULD NOT make ROI.  In fact if someone came up to me TODAY with a fully functional (as in 4.5GH with no hardware errors) K16 board and asked $80 for it - I would not buy it at this point.

Again - https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE#gid=0

Realistically if you start mining today, a K16 might produce 0.5BTC before it hits electricity/reward break point.  

Erm, if everything was free, your investment was $0 therefore ROI is at $0. Everything you mine would be profit.

Not "everything". In his hypothetical scenario, chips, electricity, and shipping are free. I infer that means the assembly and boards themselves are not.

[hoss]

....
Not "everything". In his hypothetical scenario, chips, electricity, and shipping are free. I infer that means the assembly and boards themselves are not.

Thanks cpengr - that's correct, assumes we still have to pay for assembly and BOM.

[ScaryHash]

I hate to keep being Debbie Downer but I am confused as to why some of you don't seem to understand the current situation. As of right ‘now’, even  if you got the chips for free, electricity for free, SB shipped the boards for FREE, you WOULD NOT make ROI.  In fact if someone came up to me TODAY with a fully functional (as in 4.5GH with no hardware errors) K16 board and asked $80 for it - I would not buy it at this point.

Again - https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE#gid=0

Realistically if you start mining today, a K16 might produce 0.5BTC before it hits electricity/reward break point.  

Well, what works for you, may not work for other people.

It's pretty much irrelevant at this point. Make whatever decision you're comfortable with, and stop trying to interpret what other people are doing.

Your spreadsheet, while quite nice, does not reflect certain realities.

[cp1]

Yes, I'd rather have a refund because the chip cost refund would be more than the unit would make.  But I haven't heard back from steamboat

[r3animation]

I hate to keep being Debbie Downer but I am confused as to why some of you don't seem to understand the current situation. As of right ‘now’, even  if you got the chips for free, electricity for free, SB shipped the boards for FREE, you WOULD NOT make ROI.  In fact if someone came up to me TODAY with a fully functional (as in 4.5GH with no hardware errors) K16 board and asked $80 for it - I would not buy it at this point.

Again - https://docs.google.com/spreadsheet/ccc?key=0Ah7ZJVoobFY7dDRGQk1kdmJmaUJwZENKZUdNejJlWEE#gid=0

Realistically if you start mining today, a K16 might produce 0.5BTC before it hits electricity/reward break point.  

Erm, if everything was free, your investment was $0 therefore ROI is at $0. Everything you mine would be profit.

Not "everything". In his hypothetical scenario, chips, electricity, and shipping are free. I infer that means the assembly and boards themselves are not.

Ok gotcha.

I still haven't got my refund from SB.