Hey All,
Just wanted to bring your attention to this article I caught on The Genesis Block about Avalon's chips getting stuck in customs:
http://thegenesisblock.com/56-4-ths-of-avalon-bitcoin-mining-asics-held-up-in-customs-225-ths-arriving-in-a-few-weeks/They're is a discrepancy between the quoted TH stuck in customs in the title versus the text; doing the math quickly in my head: 200k * 282 MH/s = 56.4 TH/s, but there could be some rounding error I'm not accounting for wrt a GH being a little more than 1000 or something. In any case, it is a pretty f-ed up situation, I definitely feel for those of you stuck in batch 3 pre-order hell given the way BitFury and KnC are about to drop.
What's possibly more interesting is that Avalon claims to have another 800,000 chips currently in production, so before it's over we can expect a full 250+ TH/s to be added to the network over the next couple of months from Avalon alone, increasing the network by over 40%. If I recall correctly, KnC has at least 2000 customers, so even if we conservatively estimate that each customer only averaged a Saturn (agreeably a laughably low estimation), you're still talking about another 400 TH/s coming online by the end of October just from them.
Discuss amongst yourselves. Possible topics:
How in the world will HashFast or Cointerra or even BitFury's October delivery ever be profitable?
Will Avalon's 55nm Gen 2 chips be priced out of the market before they ship?
Who are the sheep that are still placing orders with BFL?