Quote from: Minor Miner on August 06, 2013, 10:55:30 PM

Quote from: kendog77 on August 06, 2013, 10:35:30 PM

Quote from: bystander on August 06, 2013, 09:54:11 PM

Quote from: ionstorm on August 06, 2013, 01:51:56 PM

How many millions of dollars is in play? I wonder how long it'll take for the media to see this story....

According the TGB, there's one single big whale reseller supposedly ordered $14.75 million worth of chips and maybe even got an exclusive period to mine. According to tracking data, they got theirs shipped on 6/25, 135 boxes full. Everyone else, especially the community who rallied around him at the beginning, seem to be getting the short end of the stick.

Do you have a link or any evidence to back up that claim? If it's true, and the $14.75 million order cut in line and delayed all other bulk chip orders, I'd say that is pretty screwed up.

I cannot find the story on the website. I call bullshit. As much as I agree that Yifu is a crook and a little shit, I do not think this story is credible. FUD. It is more believable that he is sitting on your chips because it would hurt how many BTC he mines per day with the batch II silvers that he kept from people.

Here's a link to the story on TGB. Near the sub-heading of Lucrative Business:
http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/

Tracking to the boxes (source: TGB)
http://www.track-shipments.com/track-trace.aspx?pref=AWB&awbno=87150508076

Quote from: The Genesis Block, July 11, 2013

Most surprisingly, there is evidence that there were actually 135 boxes in the shipment that arrived for these photographs. This would indicate 593 TH/s at the standard 282 MH/s clock speed, or a monstrous 842 TH/s overclocked to 400 MH/s per chip. Given the high estimate, that would add almost 500% to the network speed.

This raises significant security concerns for bitcoin since so much hashing power is localized in a single location. This centralization of hashing power underscores the relative weakness of the bitcoin mining network in the context of the recent surplus in customized ASIC hardware. Fortunately, as these products are distributed and more ASIC companies come online the network will be that much stronger for it.
Lucrative Business

While Avalon has not released information how many chips have been ordered, a 135 box shipment would amount to over 2.1 million ASIC chips. Given that Avalon sells them in batches of 10,000 for 780 BTC, this lot alone is worth over 164,000 BTC ($14,700,000). Avalon and ASICMiner have proven that a quick-to-market high-volume product is worth significantly more than more high-tech products like Buttefly Labs miners that have been riddled with delays.