Bargain! 140 Avalon ASIC chips from SebastianJu, batch#3 @ initial price 0.086 *

[oktar]

https://i.imgur.com/wPGfFiv.jpg

Hello,

I'm offering you a real bargain - you can buy chips at initial price of 0.086BTC from SebastianJu plus little fee for my time, totalling 0.088BTC per chip.


I'm auctioning half of my order for 280 chips. So in this auction you can buy 140x Avalon chips from [Group Buy] Avalon ASIC Chips (SebastianJu). Currently all group buys are closed so if you missed a train then this is a great opportunity to get the chips. I'm selling only because I need BTC now for my other project, normally I would wait some time to get more profit from mining.

Auction end:

Timer removed. End time: 2013-08-10+17:00:00

This is burnin's 20 chip board - already working and first batch is under production. Burnin is a manufacturer and designer of the boards and shipping destination is already linked to him. Of course you can choose someone else but both SebastianJu and burnin are from Germany and this is the quickest way to have complete miners in hand. Burnin has been very professional and successful so far in his development, he achieved something alone within small period of time where BFL failed.

I have a very early order number #3xx in the assembly Burnin's shop and can transfer it to the buyer of the whole amount of chips if possible (depends on burnin). The order hasn't been paid yet and paying later doesn't affect the position in the queue.

Chip specification:

A quote from a developer of the boards :

Air cooling:
431 Mhz - 54, 48, 1.30V, 87W, stable
450 Mhz - 57, 52, 1.34V, 94W, slightly increased error rate compared to what i normally call "stable" but close enough (<0.01% HW errors)

Water:
450 Mhz - 54, 32, 1.34V, 94W, slightly less hw errors then with air

It means that one miner of 20 chips can achieve stable 9 GH/s with 87W!

Proof of my ownership of that order:

Code: (Message)

oktar; 280; 24.08; 1JVdR2bCnM1H1hp5PNAN83P6czXFerBdgp

Code: (Signature)

HCtO1m1nHlZ8o2IwUQM/Ar9rbWeul87sow7DIbolvYqL+3OiC702CFcVQM/hG5jMEjFHWgUCLJgiDU5qA3QChE8=

Auction rules:

You buy my order from SebastianJu's group buy. All rules and terms from that group buy apply.

Within 24 hours after the payment has been received, I will instruct SebastianJu to accept you as the new buyer and forward your username and payment address. Please note: you should be able to sign a message with your payment address, so your ownership of that address is without doubt.


The smallest order amount is 20 chips. You can buy more but only increments of twenty. So for example you can buy 40x, 60x, 80x, 140x but you can't buy 21x or 103x.

I expect payment within 24 hours after the auction has ended to 1JVdR2bCnM1H1hp5PNAN83P6czXFerBdgp

If the buyer fails to deliver payment, I will offer the order to the next highest bidder.

I reserve a right to cancel this auction any time.

Bidding and price:

Starting price for chips: 0.088 BTC/chip = 1.76 BTC/20 chips
Increments: 0.001 BTC/chip

Instant buy price:
0.092 BTC/chip = 1.84 BTC/20 chips
When you order instantly smaller amount than 140 then the auction continues for the remaining chips.

You can also buy it now the whole amount of chips (140) for a fixed price of 12.6 BTC

Please bid in the following format: 40 @ 0.088 which means you want to buy 40 chips paying 0.088 BTC each.

Escrow:

I'm quite a new member of this forum so I also set up an Escrow service through SebastianJu. You will pay only to Sebastian, not to me ! Sebastian will release funds only when I confirm that a bidder is a new owner of the amount of chips that he bought. You don't pay any Escrow fee, Escrow is 0%. Instead of that I will donate some btc to Sebastian for each bidder.

Happy bidding !

[AtomSea]

Can you have SebastianJu confirm you purchased from his group buy.

Also, what was the date of the group buy?

Thank you

[SebastianJu]

I can confirm that he owns 280 chips at order number 58. The dates are all in the first post of the groupbuy thread. https://bitcointalk.org/index.php?topic=187660.0

If someone wishes i can provide escrow.

[oktar]

#10369    May 23, 2013    Sample-chip-shipped           ฿782.10 for 1 item

My batch was ordered on May 23.

[oktar]

http://198.245.60.111/Pix/20130805110401BurninBitBurnerXX.jpg
This is how looks like assembled board by burnin. Picture taken by Kano.

[DebitMe]

So let me make sure I understand this correctly,

for 140 chips it would cost 12.6 Btc
that is enough for 7 miners at 9 Ghs a piece or 63 Ghs total. (plus board price)

That currently makes about .85 Btc a day according to dustcoin.com
I would get your early order spot with Burnin and get my boards relatively quickly correct?

Is my math correct here?  When could I possibly expect delivery if I were to purchase all of them? (By delivery I mean completed boards from Burnin)?

[lemonte]

I'll take 20 for 1.84 BTC

[djjacket]

I'll take 20 for 1.84 BTC as well

[djjacket]

I'll take 20 for 1.84 BTC as well

That would be 20 @ 0.092  - for the correct auction format 

[oktar]

So let me make sure I understand this correctly,

for 140 chips it would cost 12.6 Btc

Yes, but already 2 people bought 40 chips in total so the buy it now price for the whole amount of 140 chips isn't available anymore.

You can still buy the remaining chips, the price is 0.088BTC per chip (1.76BTC for 20 chips) but you have to wait till the end of the auction and I may decide to prolonger the auction if necessary. Of cource you can be outbidded.
If you pay buy it now price 0.092BTC per chip (1.84BTC for 20 chips) you buy the chips immediately, so you can't be outbidded and you don't have to wait till the auction end.

that is enough for 7 miners at 9 Ghs a piece or 63 Ghs total. (plus board price)

1 miner is proven to be stable at 450Mhz, so 9GH in total for 20 chips / 1 miner.
Yes, you need to add in your calculation the PCB assembling cost (with parts). One complete miner costs 105 EUR. You can also pay with BTC. See burnin's shop for details.

That currently makes about .85 Btc a day according to dustcoin.com
I would get your early order spot with Burnin and get my boards relatively quickly correct?

Since all 140 chips aren't available anymore I decided to change the rules. I will try to pass on my order in burnin's shop (depends on burnin decision) to the person with biggest order in my auction. If you have the biggest order that is correct.

However you have to keep in mind that my chips are from batch 3. If all the chips Avalon will ship together then people from batch 1 will be first even with later order number. So the position in burnin's queue affects orders priority only inside a batch. Burnin also has production capability of 1000 miner per week (20,000 chips). So beeing first and last inside a batch is a matter of approx 3-5 days. Well it is not much but in the beginning even one day matters a little.
[/quote]

Is my math correct here?  When could I possibly expect delivery if I were to purchase all of them? (By delivery I mean completed boards from Burnin)?

Burnin will produce completed miner within days but he needs chips. In this auction you're bidding the chips. Of course I don't exactly know when Avalon will ship them, they have some delay. They have shipped one batch sofar to the groupbuy from this forum. But it isn't the only one batch that has been shipped. Others are just in people's hands who are outside of this community.

[oktar]

I'll take 20 for 1.84 BTC

I'll take 20 for 1.84 BTC as well

Ok thank you guys, you bought it now. I will send you payment instructions via PM shortly.

[oktar]

40 chips bought, 100 remaining.

[djjacket]

 20 more @ 0.092

[CA Coins]

40 at .092

[oktar]

100 chips bought, 40 remaining.

[Ubachef]

40 @ 0.092 for me

[oktar]

140 chips bought, 0 remaining.

Auction is closed. Thank you for your bids.

[oktar]

All of the bidders chose to pay via "buy it now" option so it means you have to pay within 24 hours to the BTC address provided. I sent to all of you payment instructions via PM. You can pay me directly (some of you already did) or you can wait for Sebastian to arrange escrow. If you chose to set up escrow with Sebastian then 24h time starts after providing payment address by SebastianJu.

If someone fails to make a payment then this auction will be reopen. Thank you.

[oktar]

lemonte, 20 chips. Status: paid.
djjacket, 40 chips. Status: waiting for escrow.
CA Coins, 40 chips. Status: waiting for response.
Ubachef, 40 chips. Status: paid.

[oktar]

lemonte, 20 chips. Status: paid. Chips moved.
djjacket, 40 chips. Status: paid by escrow. Chips moved.
CA Coins, 40 chips. Status: waiting for response.
Ubachef, 40 chips. Status: paid. Chips moved.