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How the hell is Avalon affording to pay for chip production?!
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Topic: How the hell is Avalon affording to pay for chip production?! (Read 2070 times)
minternj
Sr. Member
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Activity: 434
Merit: 250
Re: How the hell is Avalon affording to pay for chip production?!
June 17, 2013, 07:22:18 PM
#21
Quote from: BenTuras on June 17, 2013, 07:04:35 PM
Yifu said joking 'who says we're still in control of that address' ...
My guess, like stated in another
thread
is they sold the address to a big investor (Zuckerberg?) and made a deal for payments to that address...
Maybe, its all very movie plotline-ish. Who gets to play Yifu in the upcoming movie? Ben Kingsly?
Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
Re: How the hell is Avalon affording to pay for chip production?!
June 17, 2013, 07:44:25 PM
#22
Quote from: DobZombie on June 17, 2013, 04:45:18 PM
Quote from: minternj on June 17, 2013, 04:06:01 PM
How did they pay for chips? Simple. mine with your avalons.
https://bitcointalk.org/index.php?topic=236348.0
Quote from: Vicus on June 17, 2013, 08:00:35 AM
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.
Holy shit! That is just disgusting.
That explains how they're able to afford to pay for 1,000,000 ordered customer chips.
EDIT: mind you, the blockchain address in the quote above hasn't had any money taken out of it either. so my original question still stands
o.0
Well, that certainly doesn't need to be the only address where they received mined coins.
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johnyj
Legendary
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Activity: 1988
Merit: 1012
Beyond Imagination
Re: How the hell is Avalon affording to pay for chip production?!
June 17, 2013, 09:15:14 PM
#23
I think they had equal amount of income in bitcoin when their batch 3 were sold in March
Why bitcoin will appreciate forever:
https://bitcointalk.org/index.php?topic=277275.msg3244038#msg3244038
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