FINISHED!

If you would like to buy chips please contribute in group buy #2

https://bitcointalk.org/index.php?topic=189220.0

https://docs.google.com/spreadsheet/ccc?key=0AiYcEqkgyjc_dGU0VzhHRGpOOUxudWkxdWpDN3RmbFE&usp=sharing (new)

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0 (old)

Update:

Yes there's room. We're going by BTC sent now. First come first serve. We will be removing pledges that have not sent BTC soon!

First check out the DIY (Do It Yourself) Thread for Avalon ASICs chips:

https://bitcointalk.org/index.php?topic=161715.0

Hey all, as you all know Avalon just put up a pre-order for their ASICs chips. But they are only selling 10,000 chips per order! This will be over 780 bitcoins (+2.1 bitcoins to ship to the US!) I know 99.9% of you guys and people like me CANNOT afford to buy all these chips alone! So therefore I am putting together a group buy for this! I can ship worldwide but you will be responsible for the shipping costs!

http://store.avalon-asics.com/?product=avalon-asic-chips-10000

Product Description

the only payment accepted is Bitcoin.
the chips being sold are packaged and tested.
the lead time on the chips is 9 to 10 weeks.
made to order from TSMC foundry and then packaged and shipped.
the minimum order quantity is 10,000 chips and the maximum order quantity is 200,000.
the chips are identical to those in Avalon, clocking 282Mh/s per chip.
the password is I understand and agree.
communication protocol, reference board design provided in early May.
everything will be open source from FPGA to PCB design.
we do not offer technical support of any kind, this is final.
if you do not know what to do with the packaged chips, please do not purchase.

Why you should trust me? I have been around these forums and have a good standing with the community. I have traded over $15,000 worth of bitcoins (I can provide proof). With newer technology (ASICs) my graphics card miners don't seem to put a dent in the harder difficulty and I can no longer afford to rebuy my sold bitcoins to have enough for an ASICs machine so I'm sure most people are on the same boat.

Terms:

Total BTC PER order is 782.1 BTC!
The final 2.1 BTC shipping price will be divided by how many ever people are buying the chips - so if 20 then 2.1/20 and will be added to your contribution!
Minimum BTC required to invest is 1BTC! Which equates to about 12 Chips! 10,000 / 782.1 = 12.76 chips per BTC
You will be responsible for paying your own individual shipping when the ship arrives in the US (Connecticut)
Chips will be shipped as soon as they arrived (if time/weather allows) and as soon as I know the address that they're going to.
Individual Shipping will be required to have tracking! Individual also include custom fees!
In order to provide the best protection for your investments I will buy packing supplies to make 100% sure your product isn't damaged during the shipment.
We will be using JohnK's Escrow Service
We will be paying JohnK 1.5% of 782.1
There will be a 1% fee for organizing this group buy and shipping out individually to contributors. It takes time to keep track of everything. Takes gas to drive back and forth to ship out. Etc.
NO BTC WILL BE GOING TO ME! Send to Escrow Address

UPDATE #7

Alright guys. I will be start taking your individual shipping addresses for this order. We will do it email style so it will be much easier for me to keep track. Depending where you are located in the world I will do my best to give you an estimate for the shipping based on how many chips you bought. Also remember how much BTC you contributed to the group and how fast you sent the BTC to escrow will be weighted in when I do shipping etc. That is why I am making a list now.

Without further a due please email the following to avalonasics@gmail.com

*Note for Address please include as much detail as possible and make it accurate as much as possible.

Username:
Real Name:
Address:
Phone Number:
Email:
Other Info:

UPDATE #6

JohnK Confirmed Shipping Address:

Quote from: John (John K.) on April 26, 2013, 06:43:34 PM

I received the utility statement and it matches OP's address and everything.

We're at around 100 if I'm not wrong (check the spreadsheet for he red highlighted number) as someone dropped 5.16 BTC without confirming with me or this thread. That amount is not counted atm in the pot, and the overpayments too.

UPDATE #5

Quote from: John (John K.) on April 22, 2013, 04:03:39 PM

Quote from: ragingazn628 on April 22, 2013, 04:03:14 PM

We have reached the threshold! Please start sending to:

1At75rKd6e8b7S7AAPzZ5V3kAzhkGYhnpU

I also updated the column on how much you NEED to send to Escrow's Address.

The formula:

(# of BTC Pledged)*(JohnK's Fees)*(OP's Fees) + (2.1 |Avalon's Shipping| divided by 65 total people)

Group Buy#1 is now currently closed and will not be accepting any more pledges.

Quote from: John (John K.) on April 19, 2013, 09:33:31 PM

Escrow contract: http://pastebin.com/raw.php?i=Xtx4M6nN

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

The escrow address for ragingazn628's group buy transaction for Avalon ASICs chips would be:

1At75rKd6e8b7S7AAPzZ5V3kAzhkGYhnpU

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery. GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of. On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos.
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Thank you.

John (the escrow holder)
20 April 2013
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)

iQIcBAEBAgAGBQJRcbbwAAoJEINT5jezqu6wXfgP/0v09Z1uqEkB15B9sJ4IauGr
EUxos66O79lIKyTxWxUwl75+4V6zPwnCgWhDIkONX4UyVNUIdonI62JPi/r4Gk51
8jVxC3QqE15T3VYGQ/HKgXHod2RshsgVIXQcyoB3aAob9OOHx4+rvfWvXM8cwK+X
/hePkYXTsWTXj0IeHF9HECEgBcn8Awcj4ixPsItidT9Gby++O7UFRmyIlPYfuHns
Ez6dQ+ED4E0bZWERodM6MG65oE1UR+Iw6v/HOveoOz0FcbTFpTPHBVel210Pw3uu
feE19nGMgVp6cQ9yCrhnVKdoUTM5vPbbXlIBEZZaffbawd9GlkSlyMSqdus1pDKe
rSA7aYjiTrkIJunc4IBAKdbvk3YBv6sIwIoW554wpOMhjnZNE3iEDixxMcHIB12O
ylXXJq4Ny8v+O4bn1R4HxsLtfYgBM/XmuhWVes/2cLmJOaB9CrL/UVxDm2dRdLKn
tPpnxgycqf+mxVH3U3k3u6U89yPjJgWAxNy674+J/aqJRjgSDWuxuWawrlEPCiEN
QE36tx7BgqBE4t5WUvW9o4tdvDac9DPhVYQAfqXfozRBAaHsV+e4ScfKGVvjvoye
njTJc9CH05oSSmHnqcsv0M8RmfFrNNeXPjqfVG/CVGN/lZwCteiW/uFA2ktdZ7+k
kPwZHbXKVgZx+sTLSb+/
=riqA
-----END PGP SIGNATURE-----

Confirmed.

UPDATE #4

Identifications confirmed! Thanks JohnK!

Quote from: John (John K.) on April 20, 2013, 08:38:33 AM

Quote from: John (John K.) on April 20, 2013, 01:49:55 AM

I have received the email from OP and I'll verify it when I get home. I'm on mobile currently. Thanks.

I confirm I have received the following from OP
:

Quote

1. A scan of my driver's license.
2. A picture of me holding and showing my driver's license.

UPDATE #3

Escrow initiated!

Quote from: John (John K.) on April 19, 2013, 09:33:31 PM

Escrow contract: http://pastebin.com/raw.php?i=Xtx4M6nN

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

The escrow address for ragingazn628's group buy transaction for Avalon ASICs chips would be:

1At75rKd6e8b7S7AAPzZ5V3kAzhkGYhnpU

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery. GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of. On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos.
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Thank you.

John (the escrow holder)
20 April 2013
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)
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=riqA
-----END PGP SIGNATURE-----

UPDATE #2:

Quote from: fpgaminer on April 19, 2013, 03:55:23 AM

Quote

But our situation is different because we have myself, the pool of contributor, escrow, and Avalon.

Yeah, that's why I pointed out that an escrow service isn't going to provide the same kind of protection in this case. The only thing John would be able to provide, is ensuring that the chips get ordered; he can't really protect them after that.

If you personally had 780BTC, you could give that to John as collateral, but I don't know anyone who would be crazy enough to lock away 780BTC for a few months. Tongue

Quote

Check out the spreadsheet to make sure I didn't miss your name from the list please.

Please put me down for 46.926 BTC for 600 chips, + however much is needed for fees (currently 2%).

EDIT: Oh, and thank you for taking the time to put all of this together.

Thanks! I added another column to show how many chips people are getting (Realistically rounding down because you can't have 3/4 a chip lol). I added you for 47 BTC so you will be getting 602 chips! Just makes math and other things easier a bit.

I went ahead and put in the really long number for the spread sheet too 12.820512820512820512820512820513 CHIPS PER BTC!

So please everyone contribute in BTC and not in how many chips you want

I got 12.820512820512820512820512820513 from 10,000 divided by 780 BTC - for shipping and fees I will make it separate later once the 780 is reached.

For example I will be putting in 17BTC so I will make another column in the spreadsheet to tell you how much you will be sending to JohnK.

( 17 + (2.1 / # of people contributing for shipping) ) * 1.02
This way it is a lot more accurate so if you want in just in the number of BTC - no weird decimals though please - .25 / .5 etc. is fine.

AGAIN PLEASE NOTE:

I will use this formula to calculate the total BTC that you will be sending to JohnK:

( [# of BTC Contributing to Pool] + (2.1 / [# of people contributing for shipping]) ) * [JohnK + OP Fees]

Google Spreadsheet:
https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0

UPDATE #1:

Steps:

1. We will all send him BTC to a designated address. (1-3% fees for his troubles)
2. He will order Avalon ASICs chips for us.
3. I will give JohnK my address so the chips will be shipped to me.
4. I will handle the shipment to participants and will make it my #1 priority (1% for my troubles organizing and shipping / gas to drive / time etc.)

How does that sound? NO BTC WILL BE GOING TO ME. Only 1 person sent me BTC so far and he will be refunded.

Check this for updated list: https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0