Off-Topic

[Vigil]

I think Terrahash, out of courtesy and appreciation to its first batch customers (us guys)... should consider offering us a Second Pre-order opportunity prior to reopening to the public,,,and maybe offer all of us who have hung tight with them a chance to purchase up to 2-k64's or 8-k16's  (128 chips) for example" at a respectable discount ( even 5-10% ), But only after the first batch has shipped and been received. Thus giving us a chance to help make up for lost time if any, or just a way to say thank you! If they ship us, then they know we are good paying customers, and it would be easy to to do for Terrahash as they would have the production machine rolling, and they would know, by limiting the amounts of G/Hash we can reorder at max, then there would be no big surprise for them in inventory counts. I think something like this could be a WIN WIN for us as well as Terrahash!...Think about it please Terrahash..... Might would be a good contolled stratigic order move that would serve your budget well and smoothly....Even if only for a limited 12 hour hour order window for us,,,so long as we get an email first! Ok, just thinking outside the box ,,,maybe wishfull thinking but deserves some consideration I would think

After receiving this order and hopefully breaking even I will not be making another ASIC order until next generation comes out unless these boards will be made available at much lower prices. By the time we get our boards the difficulty will be over 50M. Adding more cards at the initial price is just going to put you further in the hole.

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[southerngentuk]

This was always the issue i had with TH, they didnt seem to be making a mark up on chips, costs on boards are tight with little margin, I do hope it works out but see little room for any discount..

[-Redacted-]

This was always the issue i had with TH, they didnt seem to be making a mark up on chips, costs on boards are tight with little margin, I do hope it works out but see little room for any discount..

$950 for 16 Gh/s versus BitFury at $500 for 25 Gh/s...   I knowingly paid a premium for the TH boards under the assumption that that the Avalon chips would arrive in a timely manner and I'd be mining sooner with the K-64 cards than I would with the Bitfury boards.  Now it appears that Bitfury cards will arrive before the Avalon chips and before my BFL singles ever get built.  

Not the fault of TH of course, I blame YiFu and no one else for the Avalon chip fiasco.

[zurg]

This was always the issue i had with TH, they didnt seem to be making a mark up on chips, costs on boards are tight with little margin, I do hope it works out but see little room for any discount..

$950 for 16 Gh/s versus BitFury at $500 for 25 Gh/s...   I knowingly paid a premium for the TH boards under the assumption that that the Avalon chips would arrive in a timely manner and I'd be mining sooner with the K-64 cards than I would with the Bitfury boards.  Now it appears that Bitfury cards will arrive before the Avalon chips and before my BFL singles ever get built.  

Not the fault of TH of course, I blame YiFu and no one else for the Avalon chip fiasco.

To be fair the $500 for 25Gh is October price for H-board only.
I paid $1.3k for Aug kit.
Hope it ships soon though. I can just hear my investments melting away.

[MinermanNC]

If I don't add modules in my hosted Large it will be pretty much useless in 1-2 months. I won't be able to afford even the hosting expenses let alone break even...

I haven't done the figures (too scared ) but I think this is going to be a huge problem for people in the near future. Hosting eating away at your ROI and the dilemma of what to do when it goes negative. You know the minute you pull out and sell it (if your overseas and it uneconomical to ship back to you) then BTC will double  .

You hit the nail on the head! I am mining for 1 reason,,, My faith in BTC and that it will rise in value thus making the investment quite worthy down the road. If I beleived BTC was going to stay at 100.00 then this would be really just  a waste of time. Simple: 45 g/hash income now 424.00 per week. BTC doubles 848.00 per week Thats the theory as difficulty rises and BTC is more widely excepted. Let hope!

[bluefin]

are these guys legit? they seem kind of flaky with responding to refunds, queue position, support tickets and basic communications. also i am trying to find info on how many people cancelled and or got/asked for a refund, if i order now what will be my queue position?

edit: there seems to be alot of backlash on refunds, I just googled them and see a ton of sites badmouthing them, why dont they stand up for themselves?

nobody answered my questions regarding refunds and cancels, it looks like only a handfull of people are still holding their orders?

are you guys cancelling to go with bitfury or others instead?

[zurg]

are these guys legit? they seem kind of flaky with responding to refunds, queue position, support tickets and basic communications. also i am trying to find info on how many people cancelled and or got/asked for a refund, if i order now what will be my queue position?

edit: there seems to be alot of backlash on refunds, I just googled them and see a ton of sites badmouthing them, why dont they stand up for themselves?

nobody answered my questions regarding refunds and cancels, it looks like only a handfull of people are still holding their orders?

are you guys cancelling to go with bitfury or others instead?

Kinda hard to cancel a bank wire... lol
I purchased BF a while back when they opened up for August sales.

[joeventura]

It's six of one and half dozen of the other.

You can get a refund and get on the end of the Bitfury line or wait about the same time and get your TH order.

It's all according to where you are in the TH queue.

P.S. If you think TH is going to refund everyone you are fooling yourself.

[-Redacted-]

TH does not seem to be answering requests for refunds.

[zurg]

TH does not seem to be answering requests for refunds.

They cant seem to post much of anything either.
Like: " Hey, we are trying to contact Avalon to figure out what/when..." etc.., would go a long way here.

[joeventura]

TH does not seem to be answering requests for refunds.

They cant seem to post much of anything either.
Like: " Hey, we are trying to contact Avalon to figure out what/when..." etc.., would go a long way here.

They have posted here twice already today,

What would you like their post to say that would make you feel ok?

[joeventura]

TH does not seem to be answering requests for refunds.

Did you request a refund?

[MinermanNC]

TH has been giving us details of what the staus is on many things surrounding the boards and production of them. And they have been logging into this thread a little more frequently and answering questions. Im sure they are axious to as we are. It would seem they are doing all they can to be ready when chips arrive. However I am still waiting for a support website for downloading software, connecting the boards to power, chaining the boards and so on,, etc....they had responded to an email I sent early on saying this was forth coming?

"WHERES THE CHIPS" lol

[-Redacted-]

TH does not seem to be answering requests for refunds.

Did you request a refund?

Yes, multiple times.

[MinermanNC]

I'm still content with my order even if it doesn't make as much as I thought it might.

I'll be even more happy if they do clock the boards to 350, or if they go higher but I ordered a 180GH Unit and if it does more than that, great!

224GH if the chips run consistently at 350MH - I'd say to expect 205ish. That's an extra "Bitfury $1300 miner" right there for free

The bitcoin price seems to be heading up, there are a lot of new ventures that got backed in the past couple months that are opening their doors, some countries are even getting closer to go through what Cyprus did.

If we get these boards by the end of August (Hurry the F up Avalon) I think we'll be fine.


@Zurg, they've been contacting Avalon, when I went there last Monday they had stated there's nothing Avalon can do and they will receive the chips when they receive them.

I know it is easy to blame Terrahash because they have your money, but don't be ignorant by blaming the wrong company.

Once there is confirmation of chips sent and received, then count the days until your receive your product. That's when Terrahash will be on the hook.

Agreed.

[zurg]

TH does not seem to be answering requests for refunds.

They cant seem to post much of anything either.
Like: " Hey, we are trying to contact Avalon to figure out what/when..." etc.., would go a long way here.

They have posted here twice already today,

What would you like their post to say that would make you feel ok?

While they are letting us know what's going on on their side I haven't heard anything from them regarding trying to figure out where the chips are.
I am ok either way, BF I am sure can deliver by the end of the month.

Not sure how/who caused TH to be put in a bad position by promises of chip deliveries by certain date. That's who gets the blame at this point.

[riazg]

I think Terrahash, out of courtesy and appreciation to its first batch customers (us guys)... should consider offering us a Second Pre-order opportunity prior to reopening to the public,,,and maybe offer all of us who have hung tight with them a chance to purchase up to 2-k64's or 8-k16's  (128 chips) for example" at a respectable discount ( even 5-10% ), But only after the first batch has shipped and been received. Thus giving us a chance to help make up for lost time if any, or just a way to say thank you! If they ship us, then they know we are good paying customers, and it would be easy to to do for Terrahash as they would have the production machine rolling, and they would know, by limiting the amounts of G/Hash we can reorder at max, then there would be no big surprise for them in inventory counts. I think something like this could be a WIN WIN for us as well as Terrahash!...Think about it please Terrahash..... Might would be a good contolled stratigic order move that would serve your budget well and smoothly....Even if only for a limited 12 hour hour order window for us,,,so long as we get an email first! Ok, just thinking outside the box ,,,maybe wishfull thinking but deserves some consideration I would think

+1 If they decide to persue the next gen of ASIC chips.

[joeventura]

TH does not seem to be answering requests for refunds.

Did you request a refund?

Yes, multiple times.

Check your PM

[Syke]

TH does not seem to be answering requests for refunds.

TH secretly snuck in a "no-refunds" policy at the last moment before opening up pre-orders.

[joeventura]

TH does not seem to be answering requests for refunds.

TH secretly snuck in a "no-refunds" policy at the last moment before opening up pre-orders.

You have a valid point, but knowing everything you know and how the BTC business works,
and the fact that none of these companies are venture funded or have a million dollars to fall back on,
do you think its unreasonable to say that they are not going to do refunds?

if you put it in the context of your neighborhood plumber and you tell them I want you to re-model my kitchen,
and you pay them upfront and they go out and get you custom marble, cabinets, stove, refrigerator and they layout the money and then you come along a week or month before they are to deliver and say "I want a refund"

What do you expect to get back from them after they have spent 80% of your money?

And the excuse of "Well they can just sell my order to someone else" is not valid, because it's your order, you go sell it. They have already invested your money in office space, boards, components, heatsinks etc.