I'm not surprised at any of this from the avalon/yifu side of things. I felt weeks ago they would not be coming. It was obvious then something was drastically going wrong. Yifu is sending mixed signals somewhat. He says on 1 hand they are still shipping 10k a week? or something like that, then in the same breath says it would be easier to issue refunds.
So does anyone know which it is yet?...no we dont, or at least im not sure. In any event, assuming TH will never see their chips, so whats next now for TH and its customers, that is the real question here. One would like to think TH is capable of issuing full refunds to anyone if ask to do so, and rightfully so and they should. They have not said that they wouldn't or couldn't, if the worst should ever happen, which it now seems to be. We do know that TH has said it is in contact with other board/chip manufactures, even though we haven't heard any further progress on that from from TH yet? So Its clear many will be hammering them for a refund, and Terrahash should refund in full immediately to who ever ask. Now on the other hand some may hang tight and try not to bankrupt TH or get into lenghty law suits etc....But I am hoping TH has deep enough pockets to cover refunds and any loses it may incurr, certainly most of us open a business with a lot of up front cost, but we are also, prepared to loose it. So I'm not sweating it yet, with TH not refunding under these circumstances. So I will wait to see if perhaps they have a back up game plan. And to their credit I will say someone there knows how to engineer a board. We have seen it. So Terrahash may still have some fight left, and produce or offer up something sweet soon,,,if not the klondikes. Plus, They themselves like us, should be getting a refund, if in fact yifu refunds. Thus giving TH a lot of equity just in that amount,,,so lets see if TH will offer refunds or offer up, for some to hang tight and possibly follow them on to a new board,,,at one hell of a good deal!!! and who knows it sounds like there still may be some chips still floating around out there and possibly still enroute ....TH has a lot of connections,,,maybe they will get lucky and score enough to finish out the pre orders?...who knows
So does anyone know which it is yet?...no we dont, or at least im not sure. In any event, assuming TH will never see their chips, so whats next now for TH and its customers, that is the real question here. One would like to think TH is capable of issuing full refunds to anyone if ask to do so, and rightfully so and they should. They have not said that they wouldn't or couldn't, if the worst should ever happen, which it now seems to be. We do know that TH has said it is in contact with other board/chip manufactures, even though we haven't heard any further progress on that from from TH yet? So Its clear many will be hammering them for a refund, and Terrahash should refund in full immediately to who ever ask. Now on the other hand some may hang tight and try not to bankrupt TH or get into lenghty law suits etc....But I am hoping TH has deep enough pockets to cover refunds and any loses it may incurr, certainly most of us open a business with a lot of up front cost, but we are also, prepared to loose it. So I'm not sweating it yet, with TH not refunding under these circumstances. So I will wait to see if perhaps they have a back up game plan. And to their credit I will say someone there knows how to engineer a board. We have seen it. So Terrahash may still have some fight left, and produce or offer up something sweet soon,,,if not the klondikes. Plus, They themselves like us, should be getting a refund, if in fact yifu refunds. Thus giving TH a lot of equity just in that amount,,,so lets see if TH will offer refunds or offer up, for some to hang tight and possibly follow them on to a new board,,,at one hell of a good deal!!! and who knows it sounds like there still may be some chips still floating around out there and possibly still enroute ....TH has a lot of connections,,,maybe they will get lucky and score enough to finish out the pre orders?...who knows