Is Avalon mining with customer hardware? Answer is here.

[seleme]

I still have faith in you Yifu... I believe you to be someone who actually cares for bitcoins and the future of them, which is why I know you would not be mining with customer equipment... assuming that you believe something like this happening could really hurt the future of bitcoin.

If they even had 0.5001 of a Bitcoin heart, the people at BFL and Avalon would not have allowed the trashing of the Crypto movement, with these shady business practices and distribution methods.

Is it just me or is Bitcoin starting to look more like bit-CIA-n ? https://bitcointalk.org/index.php?topic=6652.0

"Thank you" for making me read 2 years old thread.

[1714693776]

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[1714693776]

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[cedivad]

I got my units today. Before starting, thank you Avalon, 2 months late is always better than never.

I would like to share my view.

#1

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.

First of all, that is one third of a failover. It means that the 2 before them must be down. Just a rough calculation: let's suppose that the uptime of the first 2 providers is 90% (that's a low uptime). That means that the RLW address accounts for (10/100)^2 = 0.01 of the time. If 0.01 is 700BTC, 1 is 70'000 BTC. I'm not claiming that this is correct, i'm just doing some math.
I'm not sure that the failover works like that, i didn't check the code: it could be doing a round robin; in that case, the math above is completely wrong.

#2

Of the 3 units i connected, 2 had a firmware that was release in April. April was the initial release date of these units, before all of the delays happend. The units where also full of dust.

If these units have been produced a week ago, like we are being told (new magic smt line, 50 units per day), how is it that they have an April firmware on it?

[rovchris]

I got my units today. Before starting, thank you Avalon, 2 months late is always better than never.

I would like to share my view.

#1

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.

First of all, that is one third of a failover. It means that the 2 before them must be down. Just a rough calculation: let's suppose that the uptime of the first 2 providers is 90% (that's a low uptime). That means that the RLW address accounts for (10/100)^2 = 0.01 of the time. If 0.01 is 700BTC, 1 is 70'000 BTC. I'm not claiming that this is correct, i'm just doing some math.
I'm not sure that the failover works like that, i didn't check the code: it could be doing a round robin; in that case, the math above is completely wrong.

#2

Of the 3 units i connected, 2 had a firmware that was release in April. April was the initial release date of these units, before all of the delays happend. The units where also full of dust.

If these units have been produced a week ago, like we are being told (new magic smt line, 50 units per day), how is it that they have an April firmware on it?

Well to answer that - they are obviously incapable of being honest - There is so much evidence now it is beyond a joke. All I can say is I will never being sending any of my hard earned money to them.

So to sum up - you guys PAID for all the development - took all the risk - they have then used your devices to make themselves even more money (because a no risk investment was not good enough) - Pushed the difficulty up, leaving less coins available to mine.

All the hallmarks of a Bank

Effectively they have just stolen from all their customers - that is what they think of you. Peons to exploit.

[ibminer]

 

http://www.youtube.com/watch?v=HKtsdZs9LJo

[Tomatocage]

I find it funny how BFL and Avalon are shipping a staggering amount of hashing power which has come online in the last week or two and yet the target difficulty is still the same... actually less than current difficulty 

[Vicus]

First of all, that is one third of a failover. It means that the 2 before them must be down. Just a rough calculation: let's suppose that the uptime of the first 2 providers is 90% (that's a low uptime). That means that the RLW address accounts for (10/100)^2 = 0.01 of the time. If 0.01 is 700BTC, 1 is 70'000 BTC. I'm not claiming that this is correct, i'm just doing some math.
I'm not sure that the failover works like that, i didn't check the code: it could be doing a round robin; in that case, the math above is completely wrong.

Default behavior on all units was "Balance", when unit is working on all pools in some sequence. This is the reason, why graph data is so confusing and looks like burn-in. "Failover" is working with one pool. Priority first to last. When higher priority pool is become available again, cgminer switching back to it.

[dropt]

Default behavior on all units was "Balance", when unit is working on all pools in some sequence. This is the reason, why graph data is so confusing and looks like burn-in. "Failover" is working with one pool. Priority first to last. When higher priority pool is become available again, cgminer switching back to it.

Mine was set to balanced as well.  It was also full of dust.  I haven't opened it to check what rev the controller is, but I'd actually be surprised if it was the (newer) one with issues.  My machine was of the earliest of early Batch 2's sent.  It would have been nice if they had shipped my unit following the original agreed-to time line, but I'm impartial to the matter.

[Bitcoin Roll]

This will help clear things regarding Avalon using your equipment before they ship it http://www.coindesk.com/avalon-accused-of-mining-with-customer-asics/

[idee2013]

This will help clear things regarding Avalon using your equipment before they ship it http://www.coindesk.com/avalon-accused-of-mining-with-customer-asics/

lol..a infoloop...

[koob]

To be honest, at this point (when they stated that shipping at full speed just began) it would be better for customers if they mined with those Avalons. That would mean no hashrate jump when they finish shipping ;X

[ibminer]

To be honest, at this point (when they stated that shipping at full speed just began) it would be better for customers if they mined with those Avalons. That would mean no hashrate jump when they finish shipping ;X

 
any mining before shipping doesn't help the customer at all... except to test and ensure the device is burned in. I would much rather the customers be the one causing the spike and reaping the benefits, they are the ones who appear to have put the capital into the project. Not that Yifu and Avalon haven't done a good amount of work themselves, and deserve to be compensated... but that's the whole point of them creating a price point on batch 1, and marking up every batch since then. To mark up prices AND mine just seems greedy, and Yifu just doesn't strike me as THAT greedy of a person...

[koob]

any mining before shipping doesn't help the customer at all... except to test and ensure the device is burned in. I would much rather the customers be the one causing the spike and reaping the benefits, they are the ones who appear to have put the capital into the project. Not that Yifu and Avalon haven't done a good amount of work themselves, and deserve to be compensated... but that's the whole point of them creating a price point on batch 1, and marking up every batch since then. To mark up prices AND mine just seems greedy, and Yifu just doesn't strike me as THAT greedy of a person...

keyword is "at this point".

[k9quaint]

any mining before shipping doesn't help the customer at all... except to test and ensure the device is burned in. I would much rather the customers be the one causing the spike and reaping the benefits, they are the ones who appear to have put the capital into the project. Not that Yifu and Avalon haven't done a good amount of work themselves, and deserve to be compensated... but that's the whole point of them creating a price point on batch 1, and marking up every batch since then. To mark up prices AND mine just seems greedy, and Yifu just doesn't strike me as THAT greedy of a person...

keyword is "at this point".

Kate Upton on a horse.

[ibminer]

any mining before shipping doesn't help the customer at all... except to test and ensure the device is burned in. I would much rather the customers be the one causing the spike and reaping the benefits, they are the ones who appear to have put the capital into the project. Not that Yifu and Avalon haven't done a good amount of work themselves, and deserve to be compensated... but that's the whole point of them creating a price point on batch 1, and marking up every batch since then. To mark up prices AND mine just seems greedy, and Yifu just doesn't strike me as THAT greedy of a person...

keyword is "at this point".

Indeed that is a significant phrase in this statement... but I still feel like *any* mining before shipping (if not for burning in purposes) takes away from the potential mining a customer would/should be doing. At this point, there are still plenty of unshipped units... and IF they actually have been mining with what they have already shipped, then those unshipped Avalon's (theoretically) would be mining right now... not sure how that is better for those customers who own the unshipped Avalons?


EDIT: I believe what you may be trying to say is that the only positive thing out of this right now is that the hashrate wouldn't spike, if they have been mining... and yes, that would be exciting... but its still an overall loss to the customer and effects ROI, right?    Still somewhat of a noob, so I can't claim to act like I know completely what I am talking about... just stating how it appears to me!

[Loredo]

Queue Josh style tantrums for not believing him @ his word, hell it only took ~10 forums pages before we got a direct answer !!!!

I doubt that we'll see Josh style tantrums out of team Avalon.  Josh's problem is that he obviously takes things personally.  That's a dangerous tendency to let show in public.  When people see you have push-able buttons, you get you buttons pushed.

We may get exasperated   out of them, but, hey, it's just business.  Good business, and they're in the driver's seat.  They don't need to get pissy.

[koob]

Indeed that is a significant phrase in this statement... but I still feel like *any* mining before shipping (if not for burning in purposes) takes away from the potential mining a customer would/should be doing. At this point, there are still plenty of unshipped units... and IF they actually have been mining with what they have already shipped, then those unshipped Avalon's (theoretically) would be mining right now... not sure how that is better for those customers who own the unshipped Avalons?

EDIT: I believe what you may be trying to say is that the only positive thing out of this right now is that the hashrate wouldn't spike, if they have been mining... and yes, that would be exciting... but its still an overall loss to the customer and effects ROI, right?    Still somewhat of a noob, so I can't claim to act like I know completely what I am talking about... just stating how it appears to me!

Thats exactly what I was trying to say - thanks for clarifying.
I dont think minning with customers hardware was anyhow correct ( I thikn was highly unethical if really happen ). I believe (as Bitsyncom stated) they will ship missing order at good pace from now, so IF they were mining with that hardware, hashrate shouldnt spike that much when customers receive em.

Im just trying to find some positives in those delays ( as I am batch#3 still waiting customer )

[kano]

any mining before shipping doesn't help the customer at all... except to test and ensure the device is burned in. I would much rather the customers be the one causing the spike and reaping the benefits, they are the ones who appear to have put the capital into the project. Not that Yifu and Avalon haven't done a good amount of work themselves, and deserve to be compensated... but that's the whole point of them creating a price point on batch 1, and marking up every batch since then. To mark up prices AND mine just seems greedy, and Yifu just doesn't strike me as THAT greedy of a person...

keyword is "at this point".

Indeed that is a significant phrase in this statement... but I still feel like *any* mining before shipping (if not for burning in purposes) takes away from the potential mining a customer would/should be doing. At this point, there are still plenty of unshipped units... and IF they actually have been mining with what they have already shipped, then those unshipped Avalon's (theoretically) would be mining right now... not sure how that is better for those customers who own the unshipped Avalons?


EDIT: I believe what you may be trying to say is that the only positive thing out of this right now is that the hashrate wouldn't spike, if they have been mining... and yes, that would be exciting... but its still an overall loss to the customer and effects ROI, right?    Still somewhat of a noob, so I can't claim to act like I know completely what I am talking about... just stating how it appears to me!

I think the correct explanation of "at this point" is "ignorance is bliss"

...

and wow while I was reading and typing ... this thread changed

Edit: thread changes gone ... much better

[Bitcoinorama]

Thanks for the post deletions guys that seriously made my day! You are all awesome sauce!

That was the mods, because of your abusive ranting, my posts, which were nothing but informative, were also removed, purely by association as I replied to yours...

[Matthew N. Wright]

Thanks for the post deletions guys that seriously made my day! You are all awesome sauce!

That was the mods, because of your abusive ranting, my posts, which were nothing but informative, were also removed, purely by association as I replied to yours...

Me too. I made a funny and it was removed.    Now the world will never know how funny I am.

[auto2nr1]

I thought radryan's posts were kinda funny. I would not wish for any harm to be done to anyone but his rant made me laugh.