Avalon's ASIC customers offered bitcoin refunds due to delivery delays
Avalon has retracted its no-refunds policy after announcing delayed delivery of its ASIC chips. The company said in an email update that the delays were caused by events beyond its control, but added that customers who placed their orders before 1st June can request a full refund (in bitcoins) if they desire. It goes on to say it is receiving a batch of more than 400,000 chips on Wednesday (4th September) so expects to be able to meet the deadlines for orders made in June or later. "In addition, we hope to wrap up generation one, finish shipping the chips, construct the modules and build....
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A newly released report reveals details of Avalon ASIC's upcoming third-generation bitcoin mining chip. According to the preliminary report, the 40nm ASIC - which Avalon is calling the A3233-Q48 - will have 7 GH/s of power per integrated circuit, which is a substantial performance increase from Avalon's previous 55nm node chip. Furthermore, that boost will come with reduced power consumption because of the decreased node size - welcome news for miners struggling with high electricity bills. The chip will come in a 7 x 7mm package, which has not changed from the second-generation version.....
Avalon has a storied name in the Bitcoin ASIC Mining industry. As one of the first companies to produce and ship ASIC gear, they had several models that were excellent sellers. Simple to use and powerful at the same time. Other manufacturers have stepped up in power and performance since those days. Canaan Creative CO., LTD the company behind the current Avalon name released not too long ago the Avalon 4.1 Bitcoin ASIC miner. The Avalon 4.1 is similar in design to the Spondoolies-Tech SP20. What makes it different is the 4.1’s speed and physical size. It is larger in physical size than the....
Customers of Bitmine AG have been requesting a considerable number of refunds from them, and claim that it's taking too long to receive their money back. How long is too long to wait for a refund when a company is overloaded with requests? Third-party websites like BitmineRefund.com claim to list late customer refund requests, but looks may be deceiving! Not all customers who receive their refund are jumping to let the site know that they have received it. Bitmine AG Exclusive Interview. I conducted an interview with Kerim Chikhi, who is a representative of Bitmine AG. What are the delays....
Avalon, the first company to manufacture ASIC mining chips and sell them to consumers, has returned to the marketplace with a new chip after an absence of several years. Avalon has announced a new A3218 mining chip that will be released in the Avalon6 miner. According to Avalon, each server can process 3.65 TH/s at a power efficiency of 0.29 W/GH. Each server is composed of 80 of the Avalon A3218 chips. The system requires, at minimum, a 12VC DC, 1,100 watts PSU output. Unlike the other companies that have been developing 14nm chips, Avalon decided to stick with its 28nm ASIC chip. "What I....
Another ASIC mining firm has entered the fray, this time using chips from a third party provider. Californian firm TerraHash is promising customers huge mining rigs using Avalon ASIC chips from designer BitSuncom. The company will use ASIC boards from BKKCoin, a Thailand-based electrical engineer who has been creating a specification for a circuit board containing 16 Avalon chips. “The boards for which we provide the Avalon ASICs, will start shipping in about 2 months,” said Terrahash in its FAQ. “We have already ordered 20,000 Avalon chips, and will order more in the coming days. As soon....