Is Avalon mining with customer hardware? Answer is here.

[cedivad]

I bet Gen 2.0 ASICs will not be released to the public.  2.0 ASICs will be used to mine privately.  They already have the resources to do it.  Maybe they will sell shares, if they get bored or BTC price drops back to $10.

No, they will release it to the public. If they mined all themselves they would kill bitcoin and they know it.
Us spectactors having any kind of ROI from avalon 2.0... that's another story.

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[dan99]

Interesting.

Dear Bitsyncom, I'm a good miner myself, I know how to run hardware and I'm good in spotting hardware related problems. I already own some "Lancelots" based FPGAs and I know how to Jtag your hardware.

I propose myself as hardware tester, for free. No wages, no insurance, anything.
I'll be happy with just the coins I mine while doing "tests"

Looking forward to hearing from you,
Jimmy3dita

Ya, I would volunteer as well to be a tester and let me test them for a couple of months .. the longer the better

[jerfelix]

Devil's Advocate:

Suppose Avalon discovered that the best way to ensure a working system was to clone the software from an existing working system, and so what you see is a direct copy of an existing configuration that they were using for their own personal mining.

Is that so wrong?


I can't figure out why people want to jump to the "he's a crook" conclusion.

[seleme]

Devil's Advocate:

Suppose Avalon discovered that the best way to ensure a working system was to clone the software from an existing working system, and so what you see is a direct copy of an existing configuration that they were using for their own personal mining.

Is that so wrong?


I can't figure out why people want to jump to the "he's a crook" conclusion.

It would be wrong as their selling point was always the line that they don't mine and that none of their employers don't own a single Avalon.

[jerfelix]

It would be wrong as their selling point was always the line that they don't mine and that none of their employers don't own a single Avalon.

And, so what if the working configuration wasn't from one of their employees, or wasn't an Avalon.  Maybe they shipped the first unit TO A CUSTOMER (or to a famous Bitcoin developer), and then decided to clone his configuration.

It's just not that hard to come up with a plausible explanation that does not involve any sneaky, underhanded cheating.  And, it seems to me it's best to think "innocent until proven guilty", before throwing around "scammer" accusations!

[af_newbie]

I bet Gen 2.0 ASICs will not be released to the public.  2.0 ASICs will be used to mine privately.  They already have the resources to do it.  Maybe they will sell shares, if they get bored or BTC price drops back to $10.

No, they will release it to the public. If they mined all themselves they would kill bitcoin and they know it.
Us spectactors having any kind of ROI from avalon 2.0... that's another story.

We'll see, I guess.  

re: Them killing bitcoin with 2.0?  

Do you think ASICMiner guys will sit and watch?  They are probably finishing work on it right now.  So forget 51% boogeyman.
Judging from what Yifu crew have experienced after Avalon Batch#1, they know what 2.0 will be capable of, chances are pretty high that they will mine the shit out of it.
Bitcoin will not be "killed" because someone has faster hardware.  Mining by little guys will be killed for sure, but not bitcoin itself.
It is already happening right now, only people with deep pockets can stay in the mining game.  I think this trend will continue and maybe even accelerate.

If you want decentralization, you need to release the hardware and the chips.  The prices of both will plummet, but at least you'll have more democratic, decentralized hashing power.
BTW, if they do that, the payback times will move to 1-2 year plus.  So don't expect getting rich mining bitcoins.

[minternj]

Seems like no need to find a "plausible explanation". sometimes the simplest is the truth. I've said this in other threads, people really need to re-evaluate their idea of a normal business interaction when it comes to ANY vendor in the bitcoin world. This is a cutthroat business of fast money, which brings out the worst in people.

[scyth3]

At least the good news is that the difficulty won't go up more when everyone receives their units.

[Loredo]

BTW, if they do that, the payback times will move to 1-2 year plus.  So don't expect getting rich mining bitcoins.

Which is, IMHO, where it ought to be.  Then, only people who have a commitment to the concept will be involved.

Kids who pencil out that their new asic-based rigs can buy their Aston Martin by Christmas don't do the concept any good.  And, of course, Aston Martin sales haven't gone through the roof because of bitcoin.  From oil fracking, yeah.

[Loredo]

At least the good news is that the difficulty won't go up more when everyone receives their units.

[seleme]

Seems like no need to find a "plausible explanation". sometimes the simplest is the truth. I've said this in other threads, people really need to re-evaluate their idea of a normal business interaction when it comes to ANY vendor in the bitcoin world. This is a cutthroat business of fast money, which brings out the worst in people.

This, this and only this.

Haven't seen so big concentration of utter human failures anywhere for some looong time like it's the case with bitcoin and overall cryptocommunity.

I have a feeling people would eat kids for few bitcoins sometimes.

And yet everyone swear about network, new better free world, bla-bla-bla, lol

[Loredo]

Seems like no need to find a "plausible explanation". sometimes the simplest is the truth. I've said this in other threads, people really need to re-evaluate their idea of a normal business interaction when it comes to ANY vendor in the bitcoin world. This is a cutthroat business of fast money, which brings out the worst in people.

This, this and only this.

Haven't seen so big concentration of utter human failures anywhere for some looong time like it's the case with bitcoin and overall cryptocommunity.

I have a feeling people would eat kids for few bitcoins sometimes.

And yet everyone swear about network, new better free world, bla-bla-bla, lol

Gold out there, out in Californi'.  Get you a map to da Dutchman Mine. //
Pickin' up gold with our bare hands, baby.  When we got there, it was stone, bone dry.//
Easy money is a hard life baby; easy money is a hard life, after all.
- John Stewart.

I'm new around here, and relatively new to BTC, but I'm an old man.  Across my life, this little play has been performed in lots of venues.  Most recently, the dot com pre-2000, the US real estate bubble '02-'08, and now, besides BTC: the US real estate bubble, '13 edition.

[binaryFate]

this is really serious, I've thought that BFL was doing this, now AVALON just went to my red-zone as well, it seems that ASICMINER is the only honet company (but with extreme prices)

Uh, ASICMiner also mines with their blades. They openly have a farm and continue to expand it.

Apparently, all three companies do this. Which is surprising coming from Avalon.

ASICMINER aren't mining with other people's hardware after they've sold it, which is what make's Avalon's actions unethical if this is true.

Agree. I heard several persons said that the ASICMiner blades they received are shinning new.

That's not the point. ASICMINER is the only one shipping immediately, you pay and you get it few days later. The others are mining with hardware that was pre-ordered typically since months, that's completely different.

[seleme]

I have a feeling people would eat kids for few bitcoins sometimes.

I'm not sure I understand. Who does not hate kids? Who does not like to eat? Getting paid to do it would be even better.

 

[seleme]

Seems like no need to find a "plausible explanation". sometimes the simplest is the truth. I've said this in other threads, people really need to re-evaluate their idea of a normal business interaction when it comes to ANY vendor in the bitcoin world. This is a cutthroat business of fast money, which brings out the worst in people.

This, this and only this.

Haven't seen so big concentration of utter human failures anywhere for some looong time like it's the case with bitcoin and overall cryptocommunity.

I have a feeling people would eat kids for few bitcoins sometimes.

And yet everyone swear about network, new better free world, bla-bla-bla, lol

Gold out there, out in Californi'.  Get you a map to da Dutchman Mine. //
Pickin' up gold with our bare hands, baby.  When we got there, it was stone, bone dry.//
Easy money is a hard life baby; easy money is a hard life, after all.
- John Stewart.

I'm new around here, and relatively new to BTC, but I'm an old man.  Across my life, this little play has been performed in lots of venues.  Most recently, the dot com pre-2000, the US real estate bubble '02-'08, and now, besides BTC: the US real estate bubble, '13 edition.

Yeah, it surely happened before, it's only I haven't seen it.

I've been around blackhat community for years, I've seen lot of cunts out there but lot of them are babies to what I've seen here. Most of them are genuinely screwing the big guys and their rules only but here... grrr

[usagi]

Today I finally received my units from Feb. 2 order. One unit was almost clean, while other one is moderate dusty. After checking all connections and desoldering F1 fuse, I started to configure units. First unit has been tuned to ozco.in and that is not surprise, cos same config was on my unit from batch one. Second unit has more interesting config:
http://puu.sh/3hrak.png
As you can see, first pool is eligius.st and most important is address: https://blockchain.info/address/1AYdAw8CcrQ2wx55LTbFHRn5bxgNZhaRLW?offset=0&filter=0
716.40851602 BTC was mined from April 22 by various units. And only gods know, how much was mined on ozco.in.
So, regardles what said Yifu, the answer is: YES, Team Avalon is mining with customer units.

PS: I'm don't have any problems with fact, that Avalon is mining with my units, if this is burn test and not introducing shipment delays.

716 btc is not a burn test. It's $100k, and it looks like fraud to me. 716 btc. Oh really. So lets see. April 22 to 30 (10 days), all of may, and say a week in june. Quite the burn test. More like fuck the customer test.

If I ordered a new-batch ASIC unit and discovered it premined almost $100k USD before it got to my door I would be a lot more than livid.

[ThickAsThieves]

[12:29] * aknap3 scraps plans to sell shovels, switching to booming pitchfork sales business
[12:30] <ThickAsThieves> lol
[12:30] <ThickAsThieves> TAT.PITCHFORKINC

[Loredo]

If I was avalon i'd be shitting my pants right now. They pretty much owe you $100k.

No, they don't.  They haven't breached any legal agreements.  They're "testing."  

And anyway, this hardware is coming from China, which is as much the Wild West any day of week as bitcoins is.  There's no telling who was sneaking those boxes (if it actually happened on the scale alleged here) off to do a little moonlight test driving.

[coinedBit]

honestly, is there even a single person here who wouldn't be doing the same thing ? 

[Loredo]

[12:29] * aknap3 scraps plans to sell shovels, switching to booming pitchfork sales business
[12:30] <ThickAsThieves> lol
[12:30] <ThickAsThieves> TAT.PITCHFORKINC

I'm already working on the hay-and-pitch torches.  So don't you try to front me on that.