YIFU IS AUCTIONNING?

[bigdaub]

Seems like it's just old units, someone just told me that so far the only thing up for auction are old 4 module units and the mythical 2 module ones. Apparently the min bids are 16 and 9 BTC, can anyone else confirm?

Copied from Tradehill

Avalon 4 Module Unit (90 GH/s) Auction320 Chips, 90GH/s (typical), Overclocked Freq: 282MHz, Power: 750W - The minimum price is 16.000 BTC per unit.

Avalon 2 Module Unit (60 GH/s) Auction160 Chips, 60GH/s (typical), Overclocked Freq: 375MHz, Power: 595W - The minimum price is 9.000 BTC per unit.

Auctions will end on Monday, October 7th, 2013 at 12pm EST.

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[dave111223]

Seems like it's just old units, someone just told me that so far the only thing up for auction are old 4 module units and the mythical 2 module ones. Apparently the min bids are 16 and 9 BTC, can anyone else confirm?

Copied from Tradehill

Avalon 4 Module Unit (90 GH/s) Auction320 Chips, 90GH/s (typical), Overclocked Freq: 282MHz, Power: 750W - The minimum price is 16.000 BTC per unit.

Avalon 2 Module Unit (60 GH/s) Auction160 Chips, 60GH/s (typical), Overclocked Freq: 375MHz, Power: 595W - The minimum price is 9.000 BTC per unit.

Auctions will end on Monday, October 7th, 2013 at 12pm EST.

So a negative ROI of: 60% (that's probably being generous considering the difficulty explosion that is about to happen with KNC shipping)

http://mining.thegenesisblock.com/a/61a37a21ee

http://mining.thegenesisblock.com/a/589421cb3a

yay, definitely worth the ID verification to lose 60% of my money.

[MonsterZero]

There are currently no bids yet for this product.

[shapemaker]

There are currently no bids yet for this product.

I WONDER WHY?!?!

[Threader]

Awfully similar to what Redhash is doing.   

About the only thing remotely similar between Yifu/tradehill and TAV Redhash is the word "Auction".

Redhash didn't require any ID or pre-deposited bitcoins and did their auction open to all on this site and put forth all necessary info and full specs. The unit are also brand new.

The most important difference TAV have not screwed, lied, misled and cheated anyone like Yifu.

They are also one of the many business Yifu's bad business practices have hurt.

So to even compare them is laughable 

[klintay]

Yes the minimum bids are 9btc and 16btc for 60gh and 90gh
no one is bidding, what a load of rubbish. I just saw a 86gh avalon go for $2200 on ebay yesterday.  Why buy on this shady tradehill crap then?

These tradehill auctions are completely over priced and rubbish. Msg them twice now asking if this 9/16 btc price includes shipping no response! Good luck getting anything off these clowns. Please boycott this crap guys

btw tradehill of full !@$#@$,  they had the dates all wrong for a few days...complete amateur hour

[driksson]

Yes the minimum bids are 9btc and 16btc for 60gh and 90gh
no one is bidding, what a load of rubbish. I just saw a 86gh avalon go for $2200 on ebay yesterday.  Why buy on this shady tradehill crap then?

These tradehill auctions are completely over priced and rubbish. Msg them twice now asking if this 9/16 btc price includes shipping no response! Good luck getting anything off these clowns. Please boycott this crap guys

btw tradehill of full !@$#@$,  they had the dates all wrong for a few days...complete amateur hour

there is one bidder for the avalon 60gh unit.. but it should be much cheaper. all prices on avalon-asic.com is including shipping, so i think these are aswell. do not know for sure though.

[driksson]

Avalon 2 Module Unit (60 GH/s) Auction
160 Chips, 60GH/s (typical), Overclocked Freq: 375MHz, Power: 595W
This auction will close in 3 days on Thursday, October 10th, 2013 at 12pm EST.
Winning Bids
The minimum price is 9.000 BTC per unit. The current winning price is 9.000 BTC per unit. There are 500 units available for sale in this auction.
1 bidder

Avalon 4 Module Unit (90 GH/s) Auction
320 Chips, 90GH/s (typical), Overclocked Freq: 282MHz, Power: 750W
This auction will close in 3 days on Thursday, October 10th, 2013 at 12pm EST.
Winning Bids
The minimum price is 16.000 BTC per unit. There are 200 units available for sale in this auction.

There are currently no bids yet for this product.

[Bicknellski]

I would have thought that nobody would buy from Yifu ever again after the chip fiasco. I guess people have short memories.

Does BFL give you that warm and fuzzy feel as well or are you still hawking their shit as well?

[klintay]

I contacted both Tradehill and Avalon separately. 

I took the time out to explain to Tradehill the difference between chips and completed units and the difference between gen 1 and gen 2.  I also explained the difficulty and that the Avalon Gen 1 will be worthless in a couple months because the electricity costs.  I explained I was a returning customer and I made an offer on multiple units.  They didn't bother to answer.  Since they didn't get bids they have extended the auction so the units will be less valuable yet they kept the same min bids.

I contacted Avalon and they claimed that Tradehill had messed up the prices and that the 4-module unit was supposed to be 9 BTC.  I offered to buy multiple units as I told them I just wanted to buy units without all the drama.  Avalon then disappeared and would not answer.  I then received a very terse and unfriendly response from Tradehill telling me that bids are only accepted at the web interface.

Yifu had previously complained that people who were happy with their purchase mined silently while the people with complaints posted here.  In fact I blogged about my units at Cointext.com.  Since they give no consideration to returning customers I don't see how Yifu is in a position to complain.  I suggested they just give up the idea of selling to the public and just build units to mine themselves.

Completely turning me off ever buying from these clowns!! The 4-module unit was suppose to be 9btc? made a mistake? Then correct it! probably greedy idiots at tradehill training to take a 7btc cut. Who knows. Anyway, no one bid on these until prices are revised...in fact no one bid at all.

I love it how their site has a comment button but it is disabled. I wonder why...

[Reckman]

I signed up for Tradehill and can see the auctions.... Its hilarious, bids are public so you can see that only one person has placed a bid on the 700 units Yifu is trying to sell. Minimum prices are way too high.

[rograz]

actually 16BTC doesn't seem like a mistake at all, goes perfectly with the 4.20BTC they are asking for a single module in their new store.

[AdamKD]

actually 16BTC doesn't seem like a mistake at all, goes perfectly with the 4.20BTC they are asking for a single module in their new store.

To them they are a mistake as noone is bidding.  To us they aren't a mistake as they thought people would sell their firstborns to buy g1 hardware .... g2 will probably have same problem of being overpriced.

But yea.  The modules do suggest the pricing is absolutely not a mistake and that they overvalue their own product.

I doubt anyone in their sane mind is willing to give someone their personal info and bitcoins.  I'd be fine with just bitcoins but a government issued id?  Absolutely not.  One of the reasons bitcoin is great is because once you have the coins you have them.  What's the need for ids?

[fsk141]

Mini-machine is gen1 chips

http://avalon-asics.com/product/avalon-mini-60ghs/

[ProfMac]

I bought a 4th module for my Batch #2 Avalon yesterday.  I have a DHL tracking number at this time.

[joeventura]

$18 a GH at current exchange rates.

Funny!

And its a minimum bid of BTC9!

Takes up a huge amount of space and electricity and as loud as a jet engine.

BTC5!

[fractal02]

I bought a 4th module for my Batch #2 Avalon yesterday.  I have a DHL tracking number at this time.

Hopefully....you may be one of the few to buy from Avalon...they're not overloaded by the sales...only by refunds.

What a mess...

They could return to the front of the stage, with great price/product but no...
Instead they sold via Tradehill (Id card really ??!) overpriced old tech when competitors are all around...what a disaster...

[driksson]

I bought a 4th module for my Batch #2 Avalon yesterday.  I have a DHL tracking number at this time.

Why?  You will only get about half of your Bitcoins back.

was thinking of upgrading, but to what use rly.. wont make it back for sure.

[Sitarow]

I bought a 4th module for my Batch #2 Avalon yesterday.  I have a DHL tracking number at this time.

how did you manage that?

Edit: Never mind its on their site 4.2BTC ? hmmm.

[xyzzy099]

I bought a 4th module for my Batch #2 Avalon yesterday.  I have a DHL tracking number at this time.

how did you manage that?

Not speaking for ProfMac, but you can order them here, apparently:

http://avalon-asics.com/shop/