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Question: Have you received your refund or unit yet?
Yes - 10 (38.5%)
No - 16 (61.5%)
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Author Topic: Avalon batch [3] countdown!  (Read 56632 times)
therustytrombone
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July 01, 2013, 05:44:23 PM
 #181

I agree that a pro-rated refund should be issued since the price in BTC was calculated via ROI/difficulty estimates based on original shipping time.

That would be a very kind gesture and go a long way when they start selling gen 2 ASICs.
BitAddict
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July 01, 2013, 06:49:38 PM
 #182

Avalon should  think about refunding every customer of a B3 4 Module  Avalon 20 BTC and 15 BTC for every 3 Module Avalon.

They told us that the price was calculated on a 2-3 Months ROI. So the difficulty is way higher then it was before, so this sounds pretty fair to me.

Especially if they ship the chips out, before we get our units.


That would be fair and the right move. But I'm not sure that is going to happen
jspielberg
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July 01, 2013, 07:00:37 PM
 #183

I agree that a pro-rated refund should be issued since the price in BTC was calculated via ROI/difficulty estimates based on original shipping time.

That would be a very kind gesture and go a long way when they start selling gen 2 ASICs.

Why would they sell Gen2 when they can now competely self fund?
bigbeninlondon
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July 01, 2013, 07:41:30 PM
 #184

I agree that a pro-rated refund should be issued since the price in BTC was calculated via ROI/difficulty estimates based on original shipping time.

That would be a very kind gesture and go a long way when they start selling gen 2 ASICs.

Why would they sell Gen2 when they can now competely self fund?

Why not both?
monkee
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July 01, 2013, 09:04:23 PM
Last edit: July 01, 2013, 09:19:05 PM by monkee
 #185

Avalon should  think about refunding every customer of a B3 4 Module  Avalon 20 BTC and 15 BTC for every 3 Module Avalon.

They told us that the price was calculated on a 2-3 Months ROI. So the difficulty is way higher then it was before, so this sounds pretty fair to me.

Especially if they ship the chips out, before we get our units.


I have thought about this too but think the refund would be more significant if one were to base it on math, and assuming my math is correct.

It was supposed to ROI in 30 days according to Avalon
Quote
How is each batch’s unit price determined?

The price of each unit is the current mining difficulty which at the time of writing, just got readjusted to about 6,695,826. We take that number and multiply it by two ( predicting the network speed will double. ) and calculate the return in a thirty day window, which is about 75 bitcoins. See this site for more details.
(from FAQ on http://launch.avalon-asics.com/)

Using Avalon's own formula to calculate price of batch 3 as if it went on sale today (and it may as well have):

First, double difficulty
21,335,329 x 2 = 42,670,658

88Gh @ 42,670,658 = 1.0372 a day or 31.116 BTC a month

So a 4 module Avalon "would" be priced at 31.116 BTC if it went on sale today.

Subtracting the actual cost (103.24) should give us the "pro rated refund".

31.116 - 103.24 = 72.124

So, obviously just entertaining this very valid idea of a pro rated refund, I think Avalon would have to return 72.124 to 4 module batch 3 customers, if they based it on math... and we all seem to love math Smiley

Also, that's assuming we have it in hand in 1 month or prior to diff hitting 42,670,658

Even if you don't double difficulty in that equation, the "pro rated discount" would/should be 40 BTC for a 88Gh :/

Tell me my math is wrong?  Please??

*edit* I'm not saying they should or would do this... just an excuse to depress myself with math, haha.
Another idea I had was for them to ship free water blocks with batch 3.  It's something that they could design and produce pretty inexpensively that would add value to their product and hopefully let us hit higher hash rates.  It would be nice to see some kind of gesture but for the record, I am keeping my order and turned down 37k for it from a forum member at one point!
pikeadz
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July 01, 2013, 09:41:08 PM
 #186

Won't be long now gentlemen.  Batch 2 has <10% left to ship. 

https://bitcointalk.org/index.php?topic=167726.msg2629446#msg2629446
koob
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July 01, 2013, 09:45:37 PM
 #187


There are still tradein orders left :/
grue
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July 01, 2013, 11:02:46 PM
 #188

with batch 2, they seem to randomly ship orders.

It is pitch black. You are likely to be eaten by a grue.

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koob
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July 01, 2013, 11:05:56 PM
 #189

with batch 2, they seem to randomly ship orders.

I think its due payment processor failure (and guest store accounts). I dont see any reason to not ship #3 by order number.
jspielberg
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July 02, 2013, 11:36:42 AM
 #190


Batch 2 is winding down... Batch3 should be spinning up soon.

Will Bitsyncom work out the logistics of the trade-ins before, during, or after Batch 3?
Anyone want to make some guesses/predictions as to when the first Batch 3 tracking number gets sent?

I'll get things started ---  ahhh ---- May 5th!  Wink

I guess that the first Batch3 confirms will go out on July 9th.
I figure they have about 50 Batch2 servers left (1-2 days), and 100 trade-ins (3-4 days), and 2 days to get all the administrative crap with the trade-ins.

What's your guess?
rudrigorc2
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July 02, 2013, 12:33:40 PM
 #191

there are more than only 100 tradeins... at least  double
Elokane
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July 02, 2013, 12:49:25 PM
 #192

Why are you guys not requesting a refund at this point?

Synereo: liberating the Internet from abusive business models.

Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
<br>
jspielberg
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July 02, 2013, 12:54:18 PM
 #193

Why are you guys not requesting a refund at this point?
gluttons for punishment
pikeadz
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July 02, 2013, 01:00:41 PM
 #194

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.
Elokane
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July 02, 2013, 01:02:11 PM
 #195

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

Synereo: liberating the Internet from abusive business models.

Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
<br>
pikeadz
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July 02, 2013, 01:03:43 PM
 #196

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

I know that.  Batch 3 ships right after batch 2 according to yifu.  I don't really think a couple weeks is going to make it ROI much later than yours.
Elokane
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July 02, 2013, 01:04:30 PM
 #197

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

I know that.  Batch 3 ships right after batch 2 according to yifu.  I don't really think a couple weeks is going to make it ROI much later than yours.

Good luck with that, I guess.

Synereo: liberating the Internet from abusive business models.

Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
<br>
pikeadz
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July 02, 2013, 01:06:31 PM
 #198

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

I know that.  Batch 3 ships right after batch 2 according to yifu.  I don't really think a couple weeks is going to make it ROI much later than yours.

Good luck with that, I guess.

Thank you.  All in all, the mining community is a very doom and gloom mindset.  In the history since I've been here, I've heard people say this and that are never going to be profitable, whether it's GPUs, FPGAs, or ASICs.  They have been wrong most of the time.  I will let the chips fall where they may.  Good luck to you too.
ftping
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July 02, 2013, 01:28:55 PM
 #199

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

I know that.  Batch 3 ships right after batch 2 according to yifu.  I don't really think a couple weeks is going to make it ROI much later than yours.

Good luck with that, I guess.

Thank you.  All in all, the mining community is a very doom and gloom mindset.  In the history since I've been here, I've heard people say this and that are never going to be profitable, whether it's GPUs, FPGAs, or ASICs.  They have been wrong most of the time.  I will let the chips fall where they may.  Good luck to you too.

+1000000000000000000.

Everyone is so fucking anxious on this board. Every other post is a "Where is my order?! What hasn't it shipped? OMG OMG OMG NO ROI!!!11"
I do not blame Yifu at all for not appearing on the board frequently. Good for him for avoiding all the FUD.
MagicMike523
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July 02, 2013, 01:41:22 PM
 #200

Why are you guys not requesting a refund at this point?

Same reason you didn't I'm guessing.

I'm mining with my Batch #2 unit.

I know that.  Batch 3 ships right after batch 2 according to yifu.  I don't really think a couple weeks is going to make it ROI much later than yours.

Good luck with that, I guess.

Thank you.  All in all, the mining community is a very doom and gloom mindset.  In the history since I've been here, I've heard people say this and that are never going to be profitable, whether it's GPUs, FPGAs, or ASICs.  They have been wrong most of the time.  I will let the chips fall where they may.  Good luck to you too.

+1000000000000000000.

Everyone is so fucking anxious on this board. Every other post is a "Where is my order?! What hasn't it shipped? OMG OMG OMG NO ROI!!!11"
I do not blame Yifu at all for not appearing on the board frequently. Good for him for avoiding all the FUD.

I now, right? People get so needy when they've been lied to by somebody holding thousands of their money.
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