tempt
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July 24, 2013, 02:02:15 PM |
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I always thought I will be break even at the VERY Least in terms of fiat money. But now that seems impossible, also. I mean, really, every one who ordered from avalon makes bank now: Batch 1, Batch 2. Chips now getting delivered also. That is what leaves me baffled. Yifu, REALLY? shipping Chips before Batch 3? Batch 3 estimated delivery date was like 5th of may, but now with the chips, the "serious" customer you have to be shipped on time..so thats how it goes... We only paid like 7k$, they paid like 10k, is it that? Didnt we make you enough profit already? I'm very sorry, but now you destroyed our profits. COMPLETELY. Not only profits, the ROI is dead. Officially. Very sad and angry customer
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DigitalHermit
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Thank you! Thank you! ...
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July 24, 2013, 02:16:43 PM |
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Seems they don't care about batch#3 customers no matter asked refund or waiting for machines. But at the same time, they are fucking these early pre-order customers by shipping chips!
Don't forget the trade-in customers. They received a decent ram job as well. Congratulations to those who voted "Chips then Batch3" on this infamous poll: https://bitcointalk.org/index.php?topic=198584.0;viewResultsBOHICA Batch #3 Customers!
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CoinHoarder
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In Cryptocoins I Trust
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July 24, 2013, 02:27:30 PM |
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Where is the Avalon crew? We need answers..
Many batch 1/2/3 machines have not shipped and Avalon is silent. Trade in customers and refunds being ignored swell...
Batch 3 will not even make ROI due to all the delays. I feel like some sort of compensation for the customers that have had ROI demolished because of Avalon's incompetence is in order.
At this point, Avalon are scammers IMO.
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ibminer
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Goonies never say die.
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July 24, 2013, 02:51:01 PM |
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Where is the Avalon crew? We need answers..
Many batch 1/2/3 machines have not shipped and Avalon is silent. Trade in customers and refunds being ignored swell...
Batch 3 will not even make ROI due to all the delays. I feel like some sort of compensation for the customers that have had ROI demolished because of Avalon's incompetence is in order.
At this point, Avalon are scammers IMO.
Unfortunately throwing the scammer comment around seems to be the only way to get a response these days With that being said: Avalon == SCAMMERS!!
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agibby5
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July 24, 2013, 02:51:44 PM |
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Where is the Avalon crew? We need answers..
Many batch 1/2/3 machines have not shipped and Avalon is silent. Trade in customers and refunds being ignored swell...
Batch 3 will not even make ROI due to all the delays. I feel like some sort of compensation for the customers that have had ROI demolished because of Avalon's incompetence is in order.
At this point, Avalon are scammers IMO.
I agree with this thought progression.
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greaterninja
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July 24, 2013, 04:03:08 PM |
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I think its time we form a Group Funded law suit or Class Action Law suit against Avalon. I bet there will be lawyers that would be willing to charge nothing unless they win the case as well. Perhaps its time to start a new thread about this. Maybe this will be the way to get Yifu to actually start taking the business seriously.
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CoinHoarder
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July 24, 2013, 04:18:07 PM |
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I think its time we form a Group Funded law suit or Class Action Law suit against Avalon. I bet there will be lawyers that would be willing to charge nothing unless they win the case as well. Perhaps its time to start a new thread about this. Maybe this will be the way to get Yifu to actually start taking the business seriously.
I'm not quite there yet and honestly do not want to go that route just yet. I know I have mentioned legal recourse as a possible option, but I'd like to give Avalon some time to give them a chance to make it up to us somehow. Obviously if they continue to delay and ignore us, then this will be our only option and I will be all for it.
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abracadabra
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July 24, 2013, 05:07:30 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC.
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Splirow
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July 24, 2013, 05:25:16 PM |
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I would have sold for 125
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louhija
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July 24, 2013, 05:28:20 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC. On paper, that's how it is. But on paper he should have gotten his avalons 2 months ago. On the other hand, on paper, if there's one thing you should pay attention to and consider (IMHO) is this: Future Proof The Avalon’s components can be upgraded and swapped out as future parts are released, like a normal PC. You are not forced to switch entire systems.This reads on their web page. I think that's really on black and white there. Maybe you don't need to get the ROI, maybe you get some BTC for upgrade modules that will get you your ROI. Who knows, but that's what's on paper. But things rarely go like it stands on paper. It works both ways.
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Minor Miner
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July 24, 2013, 05:35:36 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC. On paper, that's how it is. But on paper he should have gotten his avalons 2 months ago. On the other hand, on paper, if there's one thing you should pay attention and consider (IMHO) is this: Future Proof The Avalon’s components can be upgraded and swapped out as future parts are released, like a normal PC. You are not forced to switch entire systems.This reads on their web page. I think that's really on black and white there. Maybe you don't need to get the ROI, maybe you get some BTC for upgrade modules that will get you your ROI. Who knows, but that's what's on paper. But things rarely go like it stands on paper. It works both ways. Let me interpret this a different way. You are saying we should keep our units, mine BTC to make enough to constantly upgrade our unit so that we can keep mining to constantly upgrade? So, you are looking at a complete loss of your initial payment and just hope to make enough coin to keep sending it to someone that treats customers like complete crap? That is not a future vision I share.
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louhija
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July 24, 2013, 05:49:35 PM |
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Let me interpret this a different way. You are saying we should keep our units, mine BTC to make enough to constantly upgrade our unit so that we can keep mining to constantly upgrade? So, you are looking at a complete loss of your initial payment and just hope to make enough coin to keep sending it to someone that treats customers like complete crap? That is not a future vision I share.
I'm saying that it's entirely your decision, like it was to buy the units. You take your chances and see if what''s on paper is better or worse than what you have. I'm not defending them, but merely stating a point that there are no certainties here and that there are different ways looking at it. In the end some of those ways make more profit than others. I was commenting to a poster who seemed to know how the outcome will be and stating it's not that simple, not to one asking: "What should I do".
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josh_nc
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July 24, 2013, 05:56:47 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC. On paper, that's how it is. But on paper he should have gotten his avalons 2 months ago. On the other hand, on paper, if there's one thing you should pay attention and consider (IMHO) is this: Future Proof The Avalon’s components can be upgraded and swapped out as future parts are released, like a normal PC. You are not forced to switch entire systems.This reads on their web page. I think that's really on black and white there. Maybe you don't need to get the ROI, maybe you get some BTC for upgrade modules that will get you your ROI. Who knows, but that's what's on paper. But things rarely go like it stands on paper. It works both ways. Let me interpret this a different way. You are saying we should keep our units, mine BTC to make enough to constantly upgrade our unit so that we can keep mining to constantly upgrade? So, you are looking at a complete loss of your initial payment and just hope to make enough coin to keep sending it to someone that treats customers like complete crap? That is not a future vision I share. It is true that we need to keep upgrading to be able to stay in business BUT there is now a huge trust issue with Avalon. Competition is growing and after all the grief we all got from Avalon only people that don't know them will be buying anything from them. Yiffu got his money and can wrap it up and do something else and even sell Avalon to the highest bidder and make even more money. We got nothing in our hands. The max we can hope for is a partial on our investment. Perhaps it is time for a class action law suit.
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DigitalHermit
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Thank you! Thank you! ...
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July 24, 2013, 06:04:30 PM |
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FYI: https://bitcointalk.org/index.php?topic=261796Hi All,
Can't post in batch 3 thread as noobie so posting here.
Got my three batch three machines with three cpu each yesterday (tue).
They were shipped via DHL on friday (Jul 19th) and showed up on tuesday (July 23rd).
Nicely made and packed machines. No power cable (not a big deal).
One of the unit had one of the two front LEDs chipped so that LED is not working.
Not gonna complain about it (and honestly, don't care right now) as the unit is working great.
All in all, pretty nice looking rugged box, no stickers or logos or anything on the cover.
They work nice too. Hash rate at one point peeked at @70 GHashes.
so, game on for batch 3 guys.... your shipments should be showing up pretty soon.
Regards.
PS: I'll try to post this in batch 3 thread once i get access but can someone with write access to that thread please cross post this so folks there are also are aware of it?
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louhija
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July 24, 2013, 06:13:29 PM |
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It is true that we need to keep upgrading to be able to stay in business BUT there is now a huge trust issue with Avalon. Competition is growing and after all the grief we all got from Avalon only people that don't know them will be buying anything from them. Yiffu got his money and can wrap it up and do something else and even sell Avalon to the highest bidder and make even more money. We got nothing in our hands. The max we can hope for is a partial on our investment. Perhaps it is time for a class action law suit.
Yeah, perhaps. There are many ways to get compensation and I read today that some of the batch 3 units might have newer tech (?! can't find the source right now, so you should consider it hearsay until proven otherwise ).The trust issue isn't as big as it should be with BFL fe. I don't see how their units are upgradable. They're all either usable or unusable. There aren't any options. Avalon still has options. People who haven't got what they bought of course should get compensated. People who have paid money out their pockets for promises that have been broken should get some compensation. If you ask me. I'm in on this for only 10 BTC, so it's very easy to be calm about the situation. There are many ways to compensate, for example one of them being early access to the next gen modules. Not asking, just saying. My opinion, give it a week or two. I'm not sure, but I don't see how it would make the difference in ROI. The avalon chips received still need to be resend and built and tested and so. I'm not an engineer, so I don't know how fast they will be up and how good the machines will be. I just see alot of variables and uncertainties still.
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CoinHoarder
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July 24, 2013, 06:13:45 PM |
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Avalon has turned into BFL. "We're shipping next week honestly, for real, surely, we promise!" - Avalon Two weeks later: *only ships a few units just to "prove" they're shipping and to calm the masses*'
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ryepdx
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July 24, 2013, 06:26:23 PM |
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As someone who's admittedly still waiting on a refund, I don't know if Avalon will continue to have these problems. Based on their recent statements, it sounds like they've figured out that they just can't handle direct consumer sales at this point in time. They've proved to be a decent vendor where bulk orders of raw chips are concerned. If they stop offering low-cost, complete miners in small quantities, then I'll say they've learned. If they hire on a bunch of people to handle customer relations, then I'll say they've learned. I'd like to think they'll learn, but time will tell.
Fact is that Yifu and his compatriots are engineers through and through. It's possible (though very rare) for engineers to handle customer relations and business operations as well as the technical side of things. If Yifu's crew is running tests against the live network against his wishes, and given that Yifu and co. have been pretty bad at communicating on a regular basis, then hopefully he learns from this and gets someone else to handle those functions. If you can't honestly assess yourself and hire people who are good at what you are bad at, you won't be in business very long.
I guess I feel a little sympathy, despite the fact that Bitsyncom has 101 BTC that they still owe me. My last job was in a cubicle at WebMD's Portland office. Before that I'd been in a small startup consisting of four people, myself included. I wasn't used to communicating regularly with wide arrays of people. Before, the friction around communicating was turning to the guy next to me, saying a couple words, and then continuing on with whatever I was working at. At WebMD, I was suddenly expected to write multiple emails to a variety of people throughout the day, keeping anyone who might be interested in anything I was working on abreast of my progress.
My natural bent was to just put my head down and code, and in my first couple months I sent almost no emails. I was an informational black hole. I got much better in the year and four months I was there, but it was a pretty excruciating learning process that really broke me down and never quite built me up again. So that's probably a big part of why I'm willing to give Avalon a bit of a "bye" on their poor communication this round. I understand poor communication. I was there just last year.
That said, I also understand why everyone's so pissed off. If people start breaking out torches and pitchforks at this point, though, I won't be among the mob. Maybe later down the line, if Avalon messes things up much more. And I certainly won't be among Avalon's direct-to-consumer customers in the future, though I would probably buy bulk components from them. They've proven themselves to be engineers, and I'll expect them to act like engineers until they take some steps to shore up their weak spots.
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ibminer
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Goonies never say die.
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July 24, 2013, 08:33:50 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC. On paper, that's how it is. But on paper he should have gotten his avalons 2 months ago. On the other hand, on paper, if there's one thing you should pay attention to and consider (IMHO) is this: Future Proof The Avalon’s components can be upgraded and swapped out as future parts are released, like a normal PC. You are not forced to switch entire systems.This reads on their web page. I think that's really on black and white there. Maybe you don't need to get the ROI, maybe you get some BTC for upgrade modules that will get you your ROI. Who knows, but that's what's on paper. But things rarely go like it stands on paper. It works both ways. My concern here would be that the 4 modules haven't shipped, which may indicate a problem with the 4 modules... so if that is true, the 3 module avalons that shipped may not even be upgradable to 4 without a new board? Isn't it the same board used in the 3 module and 4 modules? I may be talking a little over my head at this point, and without much information from the source (Avalon)... but speculation is what you get when you don't communicate
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louhija
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July 24, 2013, 09:31:41 PM |
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My concern here would be that the 4 modules haven't shipped, which may indicate a problem with the 4 modules... so if that is true, the 3 module avalons that shipped may not even be upgradable to 4 without a new board? Isn't it the same board used in the 3 module and 4 modules? I may be talking a little over my head at this point, and without much information from the source (Avalon)... but speculation is what you get when you don't communicate I was not aware of that. It sounds odd, yes. It could be logistical thing though. Factories I used to work in were sometimes very anal about priorities. Maybe they assemble 3 modules to all and then start going through who wanted 4. It sounds stupid, but you wouldn't believe the stupid shit going on in these hierarchical places with strict protocols. But your guess is as good as mine.
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pikeadz
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July 24, 2013, 10:57:37 PM |
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You'll have made a total of 130BTC sometime early 2016.. and by then that 82GH will only be bringing in something around 50 satoshis a day. I would have taken 130BTC. You have greater faith in all the vaporware and scamware companies than I . I will continue to hash and take my chances which has paid off for me thus far.
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