[ASIC] Avalon Overclockable Chips and Boards :: Idaho, USA :: 0:0 Remaining

[bitterdog]

Is this project still alive? The OP hasn't posted anything since the 21st yet his last activity was yesterday

[1713947192]

1713947192

[eroxors]

He's a kid in Jr. High college with other concerns. He will probably come back and clear things up when the chips arrive.

[MilkyLep]

Seeing as how Bitsyncom managed a massive clusterfuck of bulk chip delivery promises, (https://bitcointalk.org/index.php?topic=269950.msg3032534#msg3032534)
will you be pursuing a refund? There's a great chance these chips will produce horrendous ROI similar to early AM usb erupters.

bitterdog :
I'm not defending eroxors' opinion, but it is not unusual for Garr to post somewhat weekly updates here or in his Cognitive Asset thread in Securities.

[Bees Brothers]

I believe Garr has just started college and spent this past week(s) moving from ID to MT and also moved his mining operations with him. This might be part of the reason he has been rather absent on the forums...

[clintar]

Hope we can get a refund... Hope Garr comes back

[Garr255]

Hey all,

Sorry for the long wait before this update, like BeesBros said, I'm in the process of moving and have been extremely busy the past few weeks.

As for this project, everything is ready to go on my end, we're just waiting for the delivery of the chips from Avalon, which they keep delaying just like BFL did.

--Garrett

[MilkyLep]

At this point the chips are beginning to look unprofitable and worse unattainable. Yifu seems to be buckling under the pressure and implies bulk chip orders (for out of China residents) may never arrive. Since he has put up a form for refunds, what are you're opinions on requesting one? It seems some individuals in the group buy wish to request a refund...?

[Garr255]

At this point the chips are beginning to look unprofitable and worse unattainable. Yifu seems to be buckling under the pressure and implies bulk chip orders (for out of China residents) may never arrive. Since he has put up a form for refunds, what are you're opinions on requesting one? It seems some individuals in the group buy wish to request a refund...?

I have been confronted by a few individuals requesting refunds, and I have recently stopped accepting them because I have been doing it entirely out-of-pocket. I will poll all of the group-buy participants via email. One chip ordered will count as one vote, and if 50% or more of the chip-votes vote to request a refund, that is what we will do and everyone will be refunded at the same rate per chip that I am given back from Avalon.

I am sorry that Avalon has failed to deliver so far, and I will do everything I can to make sure this situation has the best result possible.

[clintar]

At this point the chips are beginning to look unprofitable and worse unattainable. Yifu seems to be buckling under the pressure and implies bulk chip orders (for out of China residents) may never arrive. Since he has put up a form for refunds, what are you're opinions on requesting one? It seems some individuals in the group buy wish to request a refund...?

I have been confronted by a few individuals requesting refunds, and I have recently stopped accepting them because I have been doing it entirely out-of-pocket. I will poll all of the group-buy participants via email. One chip ordered will count as one vote, and if 50% or more of the chip-votes vote to request a refund, that is what we will do and everyone will be refunded at the same rate per chip that I am given back from Avalon.

I am sorry that Avalon has failed to deliver so far, and I will do everything I can to make sure this situation has the best result possible.

To be clear here, are you counting % of actual votes? Otherwise, if someone doesn't see the message, they are automatically counted as for not getting a refund, right? That doesn't sound legit.

[fasmax]

I didn't get any email but would vote for refund at this point.
32 chips.

[turtle83]

I didn't get any email but would vote for refund at this point.
32 chips.

same here 102 chips

[Garr255]

I haven't sent out that email yet, you can expect to see it by the end of this week.

[Garr255]

To be clear here, are you counting % of actual votes? Otherwise, if someone doesn't see the message, they are automatically counted as for not getting a refund, right? That doesn't sound legit.

I think you're right in your thinking: We should count non-responders as voting for a refund.

[Dataroth]

Perhaps I'm wrong, but if we are moving forward with a refund survey, waiting is the last thing we should be doing.

[Garr255]

I understand, and it will be sent out tonight (PST).

Perhaps I'm wrong, but if we are moving forward with a refund survey, waiting is the last thing we should be doing.

[fasmax]

I haven't received any email. Has the email been sent ?

[Dataroth]

I didn't get any email but would vote for refund at this point.
32 chips.

same here 102 chips

No email yet.  Am I being presumptive to say let's just go ahead and vote here?  Well anyway, here's another 50 votes for a refund.  We've got to get the ball rolling.

[MilkyLep]

Hopefully now that its the weekend Garr will have some time to drop in before the frat parties start!  

As far as votes are being considered, when you say it'll be a percentage that determines refund/no refund status, are your (or Cog's) chips being included in the count and/or vote? I imagine you "own" the majority of the bulk order? Would you mind sharing a rough estimate of who owns what percentage of chips? (Private investor/group buyers/Cognitive/etc?)Sorry if I'm stating the obvious or making assumptions here, I just want everything to be clear so there are no misunderstandings, not attempting to rile anyone up.

At this point in time I'd vote for a refund as well. Unless by some miracle Avalon decides to ship 2 for 1 orders. That'd sure make my Chi feel better...

No email yet.  Am I being presumptive to say let's just go ahead and vote here?  Well anyway, here's another 50 votes for a refund.  We've got to get the ball rolling.

[turtle83]

In addition to my yes vote... id also like to say i wouldn't mind if OP deducts some fees for handling, etc... i think a considerable amount of work was put in organizing things...

[Garr255]

In addition to my yes vote... id also like to say i wouldn't mind if OP deducts some fees for handling, etc... i think a considerable amount of work was put in organizing things...

I just sent out an email, here is a copy of it:

Hey all,

Please respond to this email with a "YES" to vote for a refund or a "NO" to vote against a refund from Avalon. Personally, I will be voting for a refund. Avalon has failed to deliver the chips on time and is now offering a full refund in BTC. I will refund the btc recieved from Avalon to each group-buy participant proportionally to the total amount I receive from Avalon. For more info regarding the matter please refer to the forums.

Best,
Garrett

If you were a participant in the group-buy and didn't receive this, email me your vote: asic[at]garr255[dotcom]

MilkyLep: Cognitive and myself were both very large participants in this group-buy, and I will be voting yes for a refund. Cognitive's vote will come in soon.

--Garrett