Liquid Synergy Designs Inc. -ASIC mining hardware

[silicont]

The refund will include 25% of the assembly costs, and 100% of the shipping and hosting fees, as well as 100% of the assembly fees for those customers that purchased the Fully Assembled unit finish option.

Okay, I'm trying to figure out the numbers on this. Hopefully, SB can chime in with clarification. Let's take a Fully Assembled Unit with Hosting as an example:

$ 95.00 Assembly ($35 PCB + $60 PCB Assembly)
$123.50 DIY Kit (so Fan, Heatsink, etc. is $28.50 ($123.50 - $95))
$133.50 Full Unit (assembly of all parts and testing is therefore another $10)

$ 15.00 Hosting Setup

I'm a bit confused as to what are "assembly costs" (refunded at 25%) and "assembly fees" (refunded at 100%). A couple of possibilities:

Scenario 1:

 25% of $95.00 (where assembly is defined as the $35 PCB + $60 PCB assembly cost)
 25% of $28.50 (fan/heatsink/etc.)
100% of $10.00 (full unit assembly)
100% of $15.00 (hosting setup)
  Total $55.875

Scenario 2 (PCB and fan/heatsink costs not included as part of assembly costs, since they are purchased parts):

 25% of $60.00 ($60 PCB assembly cost only)
100% of $10.00 (full unit assembly)
100% of $15.00 (hosting setup)
  Total $40.00

Scenario 3

Other permutations? Am I making this more complicated than it really is or something?

While we are not responsible for fluctuations in the exchange rate, we have chosen to lock the rate to that of Sept. 11th, the day we announced we would be accepting assembly refund requests, in order to attempt to help ease the BTC losses of our customers. The exchange rate will be $126.61 per BTC, based on the price history of Coinbase.

If I understand this correctly, this is indeed epic. Using numbers above:

Scenario 1: $55.875 / $126.61 = 0.441315852 BTC refunded per hosted miner
Scenario 2: $40.00  / $126.61 = 0.315930811 BTC refunded per hosted miner

-dmc

Please, steamboat/unacceptable:  A confirmation of which scenario will be honored, or what the case will be.  I wonder if scenario 3 might be that $60 assembly cost would be 100% refund.  Thank you kindly.

[cardcomm]

my emails are still ignored .. requested my miners as they are weeks ago ...

Have you tried sending a message signed with the original BTC payment address? SB likely get's a lot of phishing emails...

At least if you send a signed message he KNOWS it's from you, and can't claim he thought it was a scam mail... YYMV, but I've personally NEVER gotten a response from SB to an unsigned email, and it took several attempts to get added to the email.

BTW, does anyone know if the last update was sent via email? I didn't get one... I sort of thought the asicbuy@gmail.com email account was the official communications channel... ::sigh::

I'm tired of this thread, and I KNOW you all are tired of me. I sure don't wanna have to keep checking back for the next few weeks to see if any refunds are going out...

[professorY]

BTW, does anyone know if the last update was sent via email? I didn't get one... I sort of thought the asicbuy@gmail.com email account was the official communications channel... ::sigh::

I'm tired of this thread, and I KNOW you all are tired of me. I sure don't wanna have to keep checking back for the next few weeks to see if any refunds are going out...

No email for me this time either.

[rammy2k2]

BTW, does anyone know if the last update was sent via email? I didn't get one... I sort of thought the asicbuy@gmail.com email account was the official communications channel... ::sigh::

I'm tired of this thread, and I KNOW you all are tired of me. I sure don't wanna have to keep checking back for the next few weeks to see if any refunds are going out...

No email for me this time either.

i emailed him a few times, for weeks now, no reply ... this update was just sand in our eyes .. to fool us to shut up ... so he can continue his mining with our hardware.. ill open a scammer thread soon

[nightengale]

I've emailed as well about assembly, hosting, etc. refund and no response either.

[Bakal]

steamboat, any news or movement on the payout-hosting-update. thank you.

[rammy2k2]

still no reply

[cardcomm]

Gee, I wonder if this BTC price correction will delay our refunds?

While we are on the subject anyone taking bets on the chances of getting an assembly refund before 2014?

[Bakal]

hi! any movements?

[rammy2k2]

still no reply from this ....  ... i want my miners as they are steamboat !!! why are u ignoring my emails ?!?!

[Kapz786]

Were in that stage of the thread now where everybody goes a bit quiet cos SB posted a recent update - in another few weeks when no one has heard nothing and theres been no movement it starts to amp up again

[ibuyltc]

Im wondering if it might be better for those of us who have requested a refund to actually get our miner built.  This way we can hopefully mine with it and attempt to sell it for USD.

Steamboats delivered on the miners, just not on the refunds for assembly/hosting/etc.

[Stringchains]

Im wondering if it might be better for those of us who have requested a refund to actually get our miner built.  This way we can hopefully mine with it and attempt to sell it for USD.

Steamboats delivered on the miners, just not on the refunds for assembly/hosting/etc.

With the miners you are getting ~.08 BTC per month for each klondike. It will be .06 BTC per klondike next month. Thats $45-$55 USD per month gradually decreasing on top of the time spent on tweaking/monitoring/repairing whatever happens.
I would rather go with the refund in BTC at the locked value of ~$125 per BTC that Steamboat mentioned in his latest post.

I.e. Not including your chips being refunded (which by all means go ahead and get those refunded too).  For the ~$50 per klondike refund on the fully assembled option =

$50/$125 =  .40 BTC per Klondike ( a value right now of ~$300 if you plan on cashing it out),

And .40 BTC is a ton per klondike considering Bitcoin WILL very likely make bitcoineers into millionaires if held on to for the years to come:

Article:
Lee is adamant that, in the long run, the price will continue to increase “until it hits the price range of a globally-adopted asset”. He added:

“With simple math and using some logic, you can quickly compute that globally adopted asset price. You would calculate and compare the circulation value, against the average holding times the number of people using bitcoins.”

Lee sees the value increasing as more and more people become interested in digital currency, likening interest in bitcoin to interest in the Internet back in the early days.

“In the mid-1990s, the technical folks were the early adopters and the first to recognize the benefits. Then, over time and with more press coverage, the mainstream joined the party,” he explained.

Unlike the Internet, the adoption and popularity of digital currency can be directly tracked and measured, using the price of bitcoin.

[cp1]

What should I do for refund request of assembly\shipping? Somebody explain me this things please.

I don't think there's been any instructions yet.

[adamthefishman]

I am one of the people with working miners in the data centre.

I have been assured on payouts of the mining proceeds.

Any date when the payments can be expected?

[rammy2k2]

Is Steve Manos  steamboat ? i received an email from USPS today with a tracking number from spm@tsqm.us 

[alfabitcoin]

Is Steve Manos  steamboat ? i received an email from USPS today with a tracking number from spm@tsqm.us 

Yes

[cardcomm]

Is Steve Manos  steamboat ? i received an email from USPS today with a tracking number from spm@tsqm.us 

Cool, sounds like you're gonna be getting miners

Nice to see SOMETHING happening here...

[newtothescene]

Is Steve Manos  steamboat ? i received an email from USPS today with a tracking number from spm@tsqm.us 

Yes

I also got an email with tracking number... 

[KyrosKrane]

Huh.  I almost trashed that email as spam or phishing...