Address with Avalon bulk chip payments now tops $8 million...

[btcsql]

Yifu has telegraphed his thoughts loud and clear, which are basically that he could really care less about the emotions of a bunch of people with tens of thousands of dollars on the line in his venture. If you sent them money when they were starting out in hopes of riding their successes, well, you better get in line and realize you have no rights.

To some like myself, 100+ btc now represents a huge sum of money. Customers took on significant risk, no doubt about that. However, it is hard not to look at the carefully crafted Garzik-delivery-review followed by the Batch 2 release as the ultimate pump-and-dump by Avalon to funnel what, 60 thousand, 100 thousand bitcoins to their personal accounts? At which point they hold all the cards.

We agreed to their no bullshit Terms of Sale, but to be frank, the way they have conducted themselves given the amount of money on the line here is quite disturbing. I am not familiar with Eastern style of business, and really am trying to remain optimistic about the whole thing, but I can't help but feel that these two young men are sitting back sipping Martinis and have at this time said "Fuck it," taken on a few interns, and are letting the pieces fall as they may. No refunds, no questions, no communication.

I feel for anyone who has a serious amount of money tied up here. We are all real human beings with obligations, and in this case Avalon has a serious obligation to fulfill every single order they touched (including the poor Saps from Batch 1 who have STILL not received their orders). These types of sketchy "smuggle your ASIC through customs" dealings only further ingrain distrust in the community. Good for Avalon, that such meanderings are irrelevant when they hold all the coins.

[1714180161]

1714180161

[1714180161]

1714180161

[mrkent]

I called it when the took pre-orders by the 10ks.

[lithiumfinn]

Too bad Asicminer hasn't lowered their prices. Their shipping track record seems to be the best from what I can tell.

[Pierre]

Oh wow I had no idea things were this bad at Avalon!

[AKWAnalytics]

ASICMiner does not have to lower their prices when this kind of stuff is going down (and they're mining).

[melmo]

I feel for anyone who has a serious amount of money tied up here. We are all real human beings with obligations, and in this case Avalon has a serious obligation to fulfill every single order they touched (including the poor Saps from Batch 1 who have STILL not received their orders). These types of sketchy "smuggle your ASIC through customs" dealings only further ingrain distrust in the community. Good for Avalon, that such meanderings are irrelevant when they hold all the coins.

Poor sap from Batch 1 checkin' in. 

[dan99]

plenty of bfl troll ..

[Xian01]

Hrmph. Was about to pull the trigger on 288 chips and 18 K16's.

Guess I should wait for a bit after reading this thread... Ugh.

[PaperClip]

If you will look at this list http://blockexplorer.com/q/nethash/2016 (difficulty history), you will find that on 5th of June there was difficulty increase for 3,452,220.98. That's new increase record, converted to terahashes - its equivalent to additional 25TH/s appeared in network.
And the previous increase record was two times less, only 1,848,179
Soo, I see only one explanation - most of Avalon 2nd batch ASICs are delivered

[Pierre]

If you will look at this list http://blockexplorer.com/q/nethash/2016 (difficulty history), you will find that on 5th of June there was difficulty increase for 3,452,220.98. That's new increase record, converted to terahashes - its equivalent to additional 25TH/s appeared in network.
And the previous increase record was two times less, only 1,848,179
Soo, I see only one explanation - most of Avalon 2nd batch ASICs are delivered

No there's another explanation. Avalon is mining with people's rigs instead of delivering them.

[Pierre]

Or ASICminer expanded their mining farm.

Without reporting it to the ASICMiner shareholders? I guess this is possible too.

[PaperClip]

No there's another explanation. Avalon is mining with people's rigs instead of delivering them.

True. I think a lot of Avalon#2 investors are forum members here, they should create thread to count how many of them have received their unit.

Or ASICminer expanded their mining farm.

If this graphic is correct - http://asicminercharts.com/, then their average increase of total hashing power during last two weeks is only few TH/s

[BitSyncom]

somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place? 

[rudrigorc2]

who says we control that address in the first place?  

ZOMG

Maybe they lost the key

Its official they lost the key

[GodfatherBond]

somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place? 

Thank you for the update!

[JordanL]

Or ASICminer expanded their mining farm.

Without reporting it to the ASICMiner shareholders? I guess this is possible too.

They went from ~20 TH/s to between 26 and 29 TH/s during this period. They have also delivered 4000 333 MH/s USBs, and hundreds (if not thousands) of 13 GH/s blades to customers. My third batch of blade orders has already arrived across the pacific.   

[JordanL]

somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place? 

Wow, glad I only ordered one.

[notme]

Or ASICminer expanded their mining farm.

Without reporting it to the ASICMiner shareholders? I guess this is possible too.

They went from ~20 TH/s to between 26 and 29 TH/s during this period. They have also delivered 4000 333 MH/s USBs, and hundreds (if not thousands) of 13 GH/s blades to customers. My third batch of blade orders has already arrived across the pacific.   

Oh, and I've got 10 of those USB miners here.... they are averaging 400 MH/s.

[ftping]

somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place? 

Oh Yifu great one, I never doubted thee!

Seriously though, everyone needs to relax instead of spreading FUD, like the garbage that appeared on btcbible yesterday.

[lucasjkr]

Not for nothing, but i was always under the impression that their units were shipped and in the wild. At least looking at their website, I saw no indication that they were't.

So it's true then, that ASCIMiner essentially controls ALL of the ASIC mining power at this point?