Avalon auctioning their 55nm chips

[MrTeal]

I just got an email from Tradehill.

We are pleased to announce the launch of our next auction. BitSyncom is auctioning their Avalon ASIC A3255-Q48 chips: the second generation SHA256 Processor. BitSyncom will be auctioning off 20 reels of 500 chips per reel. Each chip outputs 1.5-1.6 GH/s at a standard 0.9V, with 2.05W consumption. The minimum bid for a single reel will be 24 BTC.

For more detailed information on the A3255-Q48 mining chip, please see Avalon’s Datasheet. This product has already cleared customs and is ready to ship upon the close of the auction.

Bidders who have deposited bitcoin in their Tradehill Auction accounts may begin bidding as of Friday November 1, 2013, 1:00 PM EST. The auction will close on Tuesday November 5, 2013, 2:00 PM EST.

All bidders that have submitted identity documents since the close of the prior auction should have received a response from Tradehill Auction Support either indicating that their account has been approved or detailing additional documentation needs.
For support related to your auction account, please contact auctionsupport@tradehill.com.

For questions related to product specifications or shipping details, please contact support@avalon-asic.com.

Thank you,

Tradehill Auction Support

[1714674474]

1714674474

[1714674474]

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[bitcoiner49er]

  When's delivery? Whenever YiFu feels like it? When it clears customs? When the mafia lets him drop the packages at DHL? 

[Xian01]

I just got an email from Tradehill.

We are pleased to announce the launch of our next auction. BitSyncom is auctioning their Avalon ASIC A3255-Q48 chips: the second generation SHA256 Processor. BitSyncom will be auctioning off 20 reels of 500 chips per reel. Each chip outputs 1.5-1.6 GH/s at a standard 0.9V, with 2.05W consumption. The minimum bid for a single reel will be 24 BTC.

 Isn't that worse performance when compared against Bitfury chips ?

[Dexter770221]

I just got an email from Tradehill.

We are pleased to announce the launch of our next auction. BitSyncom is auctioning their Avalon ASIC A3255-Q48 chips: the second generation SHA256 Processor. BitSyncom will be auctioning off 20 reels of 500 chips per reel. Each chip outputs 1.5-1.6 GH/s at a standard 0.9V, with 2.05W consumption. The minimum bid for a single reel will be 24 BTC.

 Isn't that worse performance when compared against Bitfury chips ?

Yep, it is somwhere 50% worse performance.

[fractal02]

"This product has already cleared customs and is ready to ship upon the close of the auction"

They work in the shadow now...

[MrTeal]

I just got an email from Tradehill.

We are pleased to announce the launch of our next auction. BitSyncom is auctioning their Avalon ASIC A3255-Q48 chips: the second generation SHA256 Processor. BitSyncom will be auctioning off 20 reels of 500 chips per reel. Each chip outputs 1.5-1.6 GH/s at a standard 0.9V, with 2.05W consumption. The minimum bid for a single reel will be 24 BTC.

 Isn't that worse performance when compared against Bitfury chips ?

Yes, it's worse than the Bitfury chips. Better power numbers than BFL though. It will be interesting to see how well they sell.

[AdamKD]

Bitfury Chips > Avalon Chips.

More than likely Avalon is looking for some cash flow to produce miners and, possibly, expect as much as 800-1000 btc from this auction to buy components ...

[Minor Miner]

At $6.50 per GH/s as the Minimum bid just for the chip?   You would have to be a complete and utter moron to bid on these.

[rudrigorc2]

May avalon sell a lot of chips and honor their tradein program... 

[cedivad]

Batch 1 ROId,
Batch 2 ROId,
Batch 3 got refunded,
Chips got refunded.

Did anyone got screwed by Avalon? Please tell me, because i stopped following them after batch 2.

Kudos to Avalon. (FY for being unable to find resistors&capacitors in damn China, but at least you didn't screwed everyone as others did).

[AdamKD]

At $6.50 per GH/s as the Minimum bid just for the chip?   You would have to be a complete and utter moron to bid on these.

Yea ... add to that the assembly and component costs ...

Also, who would bid on this based on a current announcement?  You'd have to rush the PCB and the components based on their design on the GITHUB and *PRAY* that it works.  There's no:

1) Sample chips
2) Examples of verified design based on GITHUB docs

Chips got refunded.

The refund was only as a precaution to avoid litigation.  It can't avoid litigation due to breach of contract if someone wants to litigate ... more than likely they got legal counsel for this decision.  The chip refunds and delays are crap.  Avalon has not provided sufficient compensation for the refunds.

[cedivad]

Chips got refunded.

The refund was only as a precaution to avoid litigation.  The chip refunds and delays are crap.  Avalon has not provided sufficient compensation for the refunds.

Well, you got a full refund in BTC, what else could have you hoped for? Free money for the lost time? Are you following what's happening with HF's batch 1 customers (such as me)? That's orders of magnitude worse.

[rudrigorc2]

Batch 1 ROId,
Batch 2 ROId,
Batch 3 got refunded,
Chips got refunded.

Did anyone got screwed by Avalon? Please tell me, because i stopped following them after batch 2.

Kudos to Avalon. (FY for being unable to find resistors&capacitors in damn China, but at least you didn't screwed everyone as others did).

People who built the pcb expecting the chips to arrive in time, thus losing time and money?
Tradein people who spent, in vain, hundreds of USD to send equipment to China and never got an email back, losing time money and hundreds USD worth of FPGA assets and Im not accounting for the BTC that they would have mined with those fpga.

[AdamKD]

Chips got refunded.

The refund was only as a precaution to avoid litigation.  The chip refunds and delays are crap.  Avalon has not provided sufficient compensation for the refunds.

Well, you got a full refund in BTC, what else could have you hoped for? Free money for the lost time? Are you following what's happening with HF's batch 1 customers (such as me)? That's orders of magnitude worse.

Breach of contract.  I'm not going to say what I'd hope for.  I'm going to say what they did is insufficient with regards to compensation.

Why are you comparing HF batch 1 customers to what Avalon did?  Are these two issues the same?  Is this a whose e-p33n is bigger type of deal?

[Minor Miner]

Batch 1 ROId,
Batch 2 ROId for Avalon who mined Batch 2 and then bought more chips to build and ship Batch 2 to the actual paying customers 7 weeks later and yes, then those customers ROIed.
Batch 3 got refunded,  WHAT??   No one has ROIed on batch III yet.
Chips got refunded.

Did anyone got screwed by Avalon? Please tell me, because i stopped following them after batch 2.

Kudos to Avalon. (FY for being unable to find resistors&capacitors in damn China, but at least you didn't screwed everyone as others did).

FTFY

[GodfatherBond]

Batch 1 ROId,
Batch 2 ROId,
Batch 3 got refunded,
Chips got refunded.

Did anyone got screwed by Avalon? Please tell me, because i stopped following them after batch 2.

Kudos to Avalon. (FY for being unable to find resistors&capacitors in damn China, but at least you didn't screwed everyone as others did).

Batch 3 delivery was three months late which made it negative at least for me.

[cedivad]

Batch 2 ROId for Avalon who mined Batch 2 and then bought more chips to build and ship Batch 2 to the actual paying customers 7 weeks later and yes, then those customers ROIed.
Batch 3 got refunded,  WHAT??   No one has ROIed on batch III yet.

I also received Batch 2 with April firmware and full of dust, so yes, i know. I always complained, (back when they first put of the first resistor&capacitor bs, but without success, everyone was still loving avalon for being the first to market).
About batch 3 you are right, sorry.

[RoadStress]

Batch 1 ROId,
Batch 2 ROId,
Batch 3 got refunded,
Chips got refunded.

Did anyone got screwed by Avalon? Please tell me, because i stopped following them after batch 2.

Kudos to Avalon. (FY for being unable to find resistors&capacitors in damn China, but at least you didn't screwed everyone as others did).

You must be joking. They screwed everyone from direct customers to boards manufacturers(burnin was down 20k euros) by delaying their chips and even if they refunded the BTC for chips customers got screwed by paying for assembly...so yeah a big fuck you to avalon.

[andrei.u]

I wasn't too disappointed by AVALON with the 10K chip order ( 4 weeks delay) ...but i find the price too high....i would pay half of it ...more, it doesn't worth it...i purchased a 10k Batch with a friend  (50-50) and it's waaaaay to much work to mount them (apart from assembling the PCBs) ....cut&crimp 2000 wires for the connectors...and so on...

[aTg]

Now they are not the only ones that sell chips is clearly seen as their prices are ridiculously high.
Too bad their first chips buyers could not compare prices...