Post
Topic
Board Hardware
Re: [ANN] Avalon ASIC chip distribution
by
zefir
on 16/04/2013, 18:22:10 UTC
Zefir. Just to be clear. Are you reselling chips at the same cost you purchased them? Ifso, what is your motivation to buy 10,000 chips and distribute them at the same price (no profit)?
You think I should have asked for more than 9.9% as risk-compensation? I wish I did, but I offered to support the upcoming open source projects with what I have and that is it. Also please note that on top of this surplus buyers will be charged the effective fiat expenses for taxes, shipping and handling.


Volatility does suck.
Volatility is for traders. I just wanted to use Bitcoin for what it is meant and this time it failed royally - if I had waited 2 hours with my order, I would have paid $30k less Sad  But ok, it is not the worst method to go long.


I’m interested, but I’m worried about the shipping from Switzerland. Tax and customs from CH always gave me hell.
Would it be possible to pick up the order in Switzerland?
Usually you are charged your local VAT, which assuming you're from within the EU is somewhere around 20%. Not sure if it pays off to drive to Switzerland for a local pick-up, but yes, it would be doable.


Please note: following additional clarifications appended to OP

Who should buy and who should not
Please note that this chip distribution is meant for DIY folks only. That is, if you want to build your own mining boards, either from scratch or based on the reference design Avalon announced to release in May. If you want to buy ready-to-mine boards as developed in the original DIY thread, please do not order chips from me, but instead contact the developer of your choice (burnin, allten, or whoever decides to work on a ASIC product). There is no need to reserve the chips by buying from me, since I will ensure that those developers will have enough chips they need for their products.

Escrow
I did not offer escrow for a simple reason: as soon as the payments fill up to 782.1 BTC, I'll order another batch. No idea how long the chips will be in stock, but I would like to act fast. BTW, John and Graet escrowed my ASICMINER board seat auction, they can vouch for me.

Reservation, Payments
Some users ask for reservations, since they can't get hold of BTC fast. No need to hurry, you have two weeks time and I'll ensure there will be enough chips for anyone (other than they are out of stock). Also, only BTC payments. The blockhain is the indisputable proof of your payment, let's use it as is and prevent manual accounting.