Quote from: Marvell1 on February 23, 2015, 07:32:43 AM

Quote from: Bicknellski on February 23, 2015, 05:45:13 AM

Quote from: Spondoolies-Tech on February 23, 2015, 05:38:34 AM

Quote from: Bicknellski on February 23, 2015, 05:36:39 AM

Quote from: stan258 on February 23, 2015, 04:49:26 AM

Quote from: Spondoolies-Tech on February 23, 2015, 03:21:28 AM

Quote from: xstr8guy on February 23, 2015, 01:26:05 AM

How is everyone missing the main point when Spondoolies says that the next gen is not for home use? Huh

They will NOT be retailing single units. They will likely only sell large batches to industrial mining operations... just like KNC and Bitfury. There are many reasons why they would want to do this and I'm sure most of us have heard them all before.

I didn't say that. I said that our first form factor is suitable for large scale deployment. If there will be home mining market, we'll have other offerings.
We do intend to offer the best rates cloud mining with Genesis Mining.

Only bulk sales? I don't want to dive in on a whole batch of 30 on my own. I don't have the cash for that.

Group Buy.

Problem Solved.

The group buys were nice PR, not a real commercial success.

Not suggesting you organize it.

Members of the community can easily pool their own coins and do this.

Suggest you avoid Bobsag3 and others with a similar pedigree but there are still plenty of people I suspect willing to mine given the replies here so far. Why they would is beyond me but I guess they want miners. If people are going to mine at home they will have to band together to get units.

I can't see any other way. Bitmain will move towards this model as well they know it is economical to avoid 1000s of customers and pair it down to 100's customers for the same return.

Lol youre not understanding hes saying they would need to be in the 100s of thousands in sales of a group buy for it to be worth it for sp tech , group buys on this new hardware is dead

You are not getting what I am saying.

Millions can be collected in a real group buy.

Been done before in this community. See Zefir's chip buys for example.

Hell I held 80K (721 BTC) in my hand for one order.

What is dead is home mining. Why would anyone POOL resources to then split it up and lose the potential savings of such a massive amount of hashrate?

I think that SPTech offering up a shared mine (farm) is interesting. Very very interesting. Why cloud mine if you can share resources and own the hardware?