As you guys can assume Bitsyncom is holding back the chip shipment, why I cannot assume there is no chip available?
I am not questioning on TSMC is delaying the chip. I am questioning did Avalon really passed the chips order to TSMC on time just like they said.
If that's really what you're saying, it's FAR FAR worse. That means they took in almost EIGHT MILLION DOLLARS worth of people's money, and then again, either through incompetence or malice, just sat on the money for a while. I don't think that you guys realize just how much money is at stake here with these chip orders. This isn't just a few pieces of hardware, this almost a million chips. With
no possibility of a refund, unlike batch 3 orders.
People were willing to give them the benefit of the doubt with their custom designed and assembled hardware because there are lots of places that can fail or be delayed...but they're acting solely as a passthrough here. They basically just did the biggest group buy in the history of the internet. They took in a bunch of money, picked up the phone, and stuff was supposed to be ready two months later. It should have been foolproof. Now they're a month late and not telling any of the people they took eight million dollars from a damn thing.
Don't believe me? Take a look at this bitcoin address. This is the payment address for chip orders:
https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sUNotice that all the payments received are ~782btc.
Most of batch#3 customers are in an awkward position.
Refund, till now not received. No one knows when can they receive.
Not refund, also no one knows when they can receive the miner.