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Author Topic: YIFU IS AUCTIONNING?  (Read 22108 times)
shapemaker
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October 17, 2013, 01:35:52 PM
 #261

now the 60mh/s machines are in the yifo onlineshop for 6BTC  Embarrassed
4 module machines are now 12 BTC


no more word about tradehill relationship Wink

far overpriced!

Poor Yifu, he didn't get a fraction of what he expected from tradehill auctions. Wonder how's his chi doing.

Serves that cocksucker right, trying to fleece even now as much as he can from ppl with auction.

Shut up and give me money: 115UAYWLPTcRQ2hrT7VNo84SSFE5nT5ozo
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October 17, 2013, 01:37:06 PM
 #262

Congrats!

9 of those give more power than a Jupiter for less than half the price. Yey for pre-orders!



9 of those will also have over 5000 watts of hungry power supplies. Hope you live at the north pole.

9 of those will stop making a profit based on power usage around late december / early january when most, if not all, G1 Avalons should be turned off unless BTC price increases.  Oddly, KNC machine will follow that pretty fast.

I'm looking forwards to that, when I can buy nice space heaters for pennies. Even if they don't make their running costs in electricity, they'll convert _some_ of that energy to "money", instead of ordinary space heaters that are just waste heat.

Very true with the power consumption. Of course KNC beats these units by far and they over-delivered in power consumption. I have to say that, as a small residential miner in a cold place, I also tend to neglect power consumption.

If market forces stay at the same level, a few decades from now most people will use computers as space heaters. Why dissipate heat without processing information? What a waste!

I would actually have bid for a couple of these for an extra room if it wasn't for Avalon's reputation.

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October 17, 2013, 01:56:34 PM
Last edit: October 17, 2013, 02:38:42 PM by AdamKD
 #263

Avalon chips for sale on www.avalon-asics.com.

10,000 chips for 100 BTC.

If you get them up and running by:

October 17, 2013 you're bound to make ~345 btc or ~245 after power costs. 245btc*$140 -> $34,300
October 24, 2013 you're bound to make ~313 btc or ~223 after power costs. 223btc*$140 -> $31,220
October 31, 2013 you're bound to make ~284 btc or ~204 after power costs. 203btc*$140 -> $28,560

The components, for 10,000 chips, are for about 31 4 module miners.  The cost is around ~30k (following avalon design).  Assembly would be another 20-30k.

This will not make ROI unless BTC price increases significantly.  Best not to buy/bother with it.  The only way this will make a ROI is if you pay for electricity out-of-pocket and hope for a btc price increase.  Might as well just buy BTC then, though, in which case you're bound to make more with less of a hassle (see below).  That's about $700-$1,000 /week for 31 4 module Avalons in electricity @ $0.15 / Kw.

If you invest 100BTC + 30k + 20k into just BTC you'll have:  100BTC + $50,000/140= ~457 BTC.  Would seriously just buy the BTC ...

Caveat emptor ...

These chips, imho, should be priced at <50 BTC and then it would still be questionable but less questionable of an investment.  If Bitmine.ch (That's an if, no idea whether the 'if' is valid or not) delivers their chips on December 13th all Avalon stock of chips becomes valueless. 42.5 btc / TH vs Avalon's 32.26 btc / TH whereas the Bitmine.ch chips have a WAY longer lifespan than Avalon's chips.  Avalon G1 end-of-life is around late December through late January.
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October 17, 2013, 02:33:04 PM
 #264

I had a dream that I bought 100x @ 2.2btc. Thank fuck it wasn't real.

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October 17, 2013, 02:56:09 PM
 #265

Avalon chips for sale on www.avalon-asics.com.

I wonder how many they got sitting around, can't have been many of the chip orders who took delivery in the end.
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October 17, 2013, 04:24:34 PM
 #266

24 hours left to ship Tongue

Also still have not received the BTC I withdrew 48 hours ago...
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October 17, 2013, 05:08:25 PM
 #267

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
Raize
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October 17, 2013, 05:14:46 PM
 #268

Check my sig before you buy. I never received any compensation for my Icarus trade-ins. In total I estimate 33 BTC was lost between shipping costs, lost trade-in value, and ~4 months of mining I could have otherwise done with the Icarus devices I shipped to him. I'll never do business with him again. I could see him not being responsible for the lost mining, but he still owes me 15 BTC for the hardware.
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October 17, 2013, 05:27:24 PM
 #269

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.
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October 17, 2013, 05:33:59 PM
 #270

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.


shows what you know. 


At high volume in the hundreds of thousands chips cost a few cents.   Why would Bitsyncom only buy at 10k per batch?

Lol at yourself.
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October 17, 2013, 06:09:25 PM
 #271

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.


shows what you know. 


At high volume in the hundreds of thousands chips cost a few cents.   Why would Bitsyncom only buy at 10k per batch?

Lol at yourself.

This is exactly why the chips won't sell.  There is too much price disagreement already on top of the distrust placed on Avalon.

The chips are clearly overpriced as is, though, irrelevant of how much they cost to produce.  These chips are valueless as their ROI does not exist at current price point.
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October 17, 2013, 07:00:36 PM
Last edit: October 17, 2013, 07:38:04 PM by MrTeal
 #272

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.


shows what you know.  


At high volume in the hundreds of thousands chips cost a few cents.   Why would Bitsyncom only buy at 10k per batch?

Lol at yourself.
You said qty 10,000 should cost $0.01 to $0.04. Show me an example of a vendor selling any IC in a QFN48 (preferably with a thermal pad on the bottom) for a couple cents. I don't care what it does.

Edit: In fact, even showing someone selling unpackaged 4mm x 4mm dies at any process node for a couple pennies would be acceptable.
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October 17, 2013, 07:38:38 PM
 #273

If for arguments sake we say a chip costs $0.20, that's still only 15btc of cost.

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October 17, 2013, 07:58:45 PM
 #274

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.


shows what you know.  


At high volume in the hundreds of thousands chips cost a few cents.   Why would Bitsyncom only buy at 10k per batch?

Lol at yourself.
You said qty 10,000 should cost $0.01 to $0.04. Show me an example of a vendor selling any IC in a QFN48 (preferably with a thermal pad on the bottom) for a couple cents. I don't care what it does.

Edit: In fact, even showing someone selling unpackaged 4mm x 4mm dies at any process node for a couple pennies would be acceptable.

If you had any common sense  in relation to chip packaging sales:  You would know that vendor/pricing/volume information is almost always confidential.  I suggest you contact a sales representative that handles QFN chip packaging and ask.
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October 17, 2013, 08:00:34 PM
 #275

I just received tracking numbers.

trademill email

Quote
Hi XXX,
 
Your Avalon ASIC purchase has shipped and BitSyncom has provided you the following tracking number(s) from DHL:
XXXX
 
You can view shipping details and follow your item’s progress by entering the above tracking number(s) at http://www.dhl.com/en.html.
 
If you need to contact BitSyncom for shipping inquiries, you may do so at support@avalon-asic.com
 
Thank you again for using Tradehill’s auction service. We would appreciate any feedback you might have on how to improve our system at auctionsupport@tradehill.com. We hope to bring you details for the next BitSyncom auction soon.
 
Sincerely,

Tradehill Auction Support

DHL says:
Quote
1   Shipment information received    BEIJING & SURROUNDING AREA - CHINA, PEOPLES REPUBLIC   21

Hai
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October 17, 2013, 08:09:46 PM
 #276

Yifu is shipping them, not tradehill.  So it seems they will ship from China.  When and if they ship are two concerns of mine.

As far as the chips on Yifu's website,   10,000 MLF 110nm chips should cost 10,000 * $0.01 - 10,000* $0.04.  = $100-$400.

100btc = rip off.


I'd also like to note BitSyncom still has 18 btc + worth of my icarus assets from the Trade-in.  he has still not compensated for it.
LOL... Good luck with that. I'd be interested if you could show a single example of a QFN48 chip available through any supplier for US$0.01 in QTY 10,000.


shows what you know.  


At high volume in the hundreds of thousands chips cost a few cents.   Why would Bitsyncom only buy at 10k per batch?

Lol at yourself.
You said qty 10,000 should cost $0.01 to $0.04. Show me an example of a vendor selling any IC in a QFN48 (preferably with a thermal pad on the bottom) for a couple cents. I don't care what it does.

Edit: In fact, even showing someone selling unpackaged 4mm x 4mm dies at any process node for a couple pennies would be acceptable.

If you had any common sense  in relation to chip packaging sales:  You would know that vendor/pricing/volume/transaction information is almost always confidential.  I suggest you contact a sales representative that handles QFN chip packaging and ask.
That's in relation to their costs. You said those chips should cost $0.01 - $0.04 if you buy in QTY 10,000. Please show an example of any QFN48 IC being sold for that kind of price.

Even if you want to change tracks and go from what the chips should cost us to what the cost for Yifu is, perhaps you could use your vast knowledge to enlighten people here as to what kind of volume you would need to hit the $0.01/chip price point. If math isn't your strong suit, I can help you out by letting you know that they would get at most around 4400 Avalon dies out of a 300mm wafer, so to reach the $0.01 mark they would need a per wafer cost of US$44 for the blank 300mm wafer, wafer processing, sawing and packaging.
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October 17, 2013, 08:10:52 PM
 #277

I got my tracking notice a few minutes ago as well.

Thursday, October 17, 2013   Location   Time   
1   Shipment information received    BEIJING & SURROUNDING AREA - CHINA, PEOPLES REPUBLIC   21:21

"That which you call your soul or spirit is your consciousness, and that which you call 'free will' is your mind's freedom to think or not, the only will you have, your only freedom, the choice that controls all the choices you make and determines your life and your character."
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October 17, 2013, 09:03:42 PM
 #278

I got my tracking notice a few minutes ago as well.

Thursday, October 17, 2013   Location   Time   
1   Shipment information received    BEIJING & SURROUNDING AREA - CHINA, PEOPLES REPUBLIC   21:21

Same. Kudo's to Yufi, he's scored back some of his lost points with me. Will definitely consider his next auction or store when the prices are competitive...
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October 17, 2013, 09:43:40 PM
 #279

Quote
Track DHL Express Shipments
Here’s the fastest way to check the status of your shipment. No need to call Customer Service – our online results give you real-time, detailed progress as your shipment speeds through the DHL network.

Does this interpret to we have DHL express shipping? That's sweet.

Hai
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October 17, 2013, 09:52:14 PM
 #280

got tracking too! jeah im impressed.. surely a loss biz for him this time. why didnt i order 100pcs! heh, bcus i dont have enough power.
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