Post
Topic
Board Hardware
Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s
by
jimmothy
on 11/02/2014, 09:14:59 UTC
I'd like to remind everyone that refunds are not completely out of the question.

BA said they would tally up the refund requests and see if they have enough money to give the refunds from the margins. (10million usd already spent on tapeout)

I am pretty sure if you send them a few emails and bitch enough you can get a refund. Worst case you end up having to sell your order to one of the many willing to buy it.

If I remember rightly BA was going to go ahead with tapeout with or without customer cash. So using that as justification is disingenuous. Reality is if people ask for a refund it should be PROVIDED full stop. They are no different than BFL or Avalon if they start playing the we will see when we see game on refunds. That is not how to instill trust and likely will entrench the mindset that it is time to sue them to get refunds if push comes to shove. Given what I know of the people involved I hope they take the 100% refund route if people ask without prefacing it with but tapeout cost millions etc. no company can afford to piss off the community at this juncture especially BA pushing the delay as long as they did.

This is also true but I am just trying to relay the info from BA for those who missed it due to the spam/rage/trolls.

I don't know the exact details on how tapeout was paid for but based on the last comment I would guess they did use at least some of the preorder funds to pay for it. Some clarification on this would be nice as I too remember something about r&d being covered by their own funds.

I still wouldn't be surprised if BA finds that they do have enough cash on hand and decide to give out refunds. Would definitely make a few people happy.