Post
Topic
Board Hardware
Re: Avalon A7 announced
by
philipma1957
on 24/09/2017, 05:04:01 UTC
As long as money did not change hands, they're not obligated to do anything. If they took your money, and then didn't deliver product, then it would be a crime and you can take it to court and denounce their name forever. But you haven't paid them, so yea, you haven't bought anything yet, you just pressed some buttons on a computer.

You're simply wrong.  They made an offer to sell and we agreed to purchase.  A contract was entered into and breeched by the seller.  Court could be an option, but it wouldn't be worth the cost.  I suggest you go to eBay or Amazon and click BUY without paying a few hundred times, see if your account stays active.

Having said that, maybe they did everyone a favor.  Rewards are less than half of what they were on Aug 31, and all those pallet purchasers will drive them down further.  It's now possible a GPU investment may offer better returns. Or shorting Bitcoin. 

In fact purchasing AMD or NVidia shares a year ago was likely more profitable that purchasing AMD or NVidia GPU's.

In some industries weeks or months of lead time on factory direct purchases is standard.  canaan clearly has/had problems with their logistics, though I don't recall any promises about fulfillment timeframes prior to ordering.

Yes, there was am implied fulfillment timeframe, it was supposed to be sooner than "Never, go elsewhere" Smiley

This is a meh. In the world of asic.

 Not a full fail and certainly not a success .

If you purchased coins. They dropped.  So. You are now in the world of buy and hold.

Not the world of mining.

I would be angry but I would hold the coins.

The guys that got hurt are places that the USA seller won't ship to.

Anyone that the USA seller would ship to simply needed to check the website 2 times every day and the info was posted.

It you buy an asic get used to checking the websites over and over and over and over.