YIFU IS AUCTIONNING?

[yxt]

between 15-27% in the EU

[1714855460]

1714855460

[1714855460]

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[1714855460]

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[AdamKD]

they are even selling the 10k chips for 100btc..

That's not a discount at all ... what you wrote suggests a discount.

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.

[zulover]

had a few texts from dhl , current location and last one customs and duty for 32 miners came t0 1200gbp, just about liveable takes price up tp 2.8btc a unit.

[ProfMac]

Avalon changed their store pricing and added the mini to the store as well@6BTC, guess they didn't like the auction pricing and decided to sell the rest themselves.

It definitely seems like Avalon didn't like the price they got from the auctions.  I wonder if after the first unsuccessful auction TradeHill suggested they start the next auction low to possibly create some "frenzy" and actually get much higher than the original ask, this seems to be one tactic live auction house's sometimes use (sometimes it works sometimes it doesn't!).

I emailed Avalon and suggested that they start the auction at 0 with a smaller number of units to start some buzz.  I also referred to my block chain auction as evidence that I had done the same thing last March.  They lowered the price from 6 to 2 the next day.  Of course, I have no way to know if they even saw my message.

I wish we knew how an auction would have gone with 100 units with no minimum bid.

[Tehfiend]

Avalon changed their store pricing and added the mini to the store as well@6BTC, guess they didn't like the auction pricing and decided to sell the rest themselves.

It definitely seems like Avalon didn't like the price they got from the auctions.  I wonder if after the first unsuccessful auction TradeHill suggested they start the next auction low to possibly create some "frenzy" and actually get much higher than the original ask, this seems to be one tactic live auction house's sometimes use (sometimes it works sometimes it doesn't!).

I emailed Avalon and suggested that they start the auction at 0 with a smaller number of units to start some buzz.  I also referred to my block chain auction as evidence that I had done the same thing last March.  They lowered the price from 6 to 2 the next day.  Of course, I have no way to know if they even saw my message.

I wish we knew how an auction would have gone with 100 units with no minimum bid.

I personally think a lot of potential buyers were turned off by Avalon's bad rep as well as Tradehill's requirements to create an account. I'll bet these cheap units will help with that problem in their gen2 auction...

[greaterninja]

the units are estimated to make .62 btc to 1btc profit max.

Thats at 35% difficulty jump.  Last jump was ~40%.

Its quite a risk.

[Yecchi]

High risk, low reward. A classic ASIC investment.

[Threader]

I prefer on the shelf ready to ship risk as opposed to Pre-order whenever you get is when you get it risk.

explain the 2.2 BTC 60 G/h Avalon miners being delivered to all those 60 g/h BFL units still undelivered.

 

[zulover]

it feels different orded... delivery started within a day, an asic???  amazing

[GodHatesFigs]

High risk, low reward. A classic ASIC investment.

+1

[zulover]

http://mining.thegenesisblock.com/a/fad2d0c57f     

[driksson]

had a few texts from dhl , current location and last one customs and duty for 32 miners came t0 1200gbp, just about liveable takes price up tp 2.8btc a unit.

based on what invoice? blockchain payment?

[zulover]

When I phone dhl express they said invoice was with consignment so its about right at 20%
70btcx88/100x20. = 1230

[rograz]

Question now is if you are gonna end up having to buy 32 power supplies or if they actually come with the units.

[driksson]

Question now is if you are gonna end up having to buy 32 power supplies or if they actually come with the units.

they come with psu. do i sense a tone of envy in your post?

[rograz]

they come with psu. do i sense a tone of envy in your post?

A tiny bit!

[zulover]

I hope the come with psu. Dnt worry ive been ripped for grands in this dogs game, bfl first then some bulgarian pratt and then belgium wierdo and then some.

[dani]

btw, customs did not demand any invoice. I called them and they demanded some explanation that I bought it private, they needed to know whats inside and thats it. I called it special network hardware with SHA-256 encryption. Let's see if it passes.

edit:

Are you in the u.k

i'm in germany

[zulover]

Are you in the u.k

[dani]

Anyone received a invoice? Anyone knows what the price DHL was told is? Would be nice to know what I need to pay when the package shows up.