Post
Topic
Board Hardware
Re: [Avalon ASIC] Batch #2 pre-Sale Thread
by
dust
on 29/01/2013, 15:22:57 UTC

  • Bitcoin Only
    • No Refunds
      • No Proof
Wow... No Way ..
It is completely reasonable.

Bitcoin Only - It is easier to accept BTC, and they need to move money fast to pay suppliers

No Refunds - This protects Avalon against people freerolling them as a hedge against BFL.  If Avalon allowed refunds, and BFL shipped both on-time and within-spec, then nearly every rational buyer would ask for a refund, due to the 65nm vs 110nm efficiency gap.

No Proof - They are just being honest here.  No amount of pictures / video will satisfy the doubters (but seriously Avalon, how about a video of a unit hashing...) and they are trying hard to expedite the delivery of the first unit to Jeff.

Oh, of course. And these suppliers take Bitcoin, eh? Think about that for a minute.
I thought about this some more and it does sound odd.  Perhaps selling BTC in china is faster than receiving international wires?  Regardless of speed, Bitcoin is certainly easier to set up automated orders for.