Just ordered additional 20,000 chips from Avalon. Orders that would not be covered by the first batch, would certainly be covered by these chips.
BitSyncom is going to get the chips produced in bulk from the foundry. We believe that all the orders will be shipped by Avalon in close proximity to each other. So, hopefully, the chips ordered today will be shipped at most a week or two after the ships we ordered on May 10 and 16. In that case, our batch 2 orders will start shipping at most 2 weeks after the batch 1.
This is clearly not what we discussed. Terrahash contact us ASAP.
I'm disappointed that Terrahash is going to a preorder scheme when we have no manufacturing timeline, no way to guarantee a timeline would be adhered to, and still no details of (e.g.) their Avalon bulk order. I also find it odd that this reversal came so suddenly.
Also, while I'm glad they will accept PayPal, if preorders are far enough in advance of projected delivery, that may hinder our ability to obtain refunds (through PayPal) should Terrahash disappear or miss a delivery target.
We have received a request for orders that far exceeds the amount of Avalon chips that we have already ordered.
The money raised from pre-orders will be used to order more Avalon chips, to ensure a constant supply of our products.