Quote from: labestiol on August 09, 2012, 10:17:27 PM

Quote from: Jurek on August 09, 2012, 09:58:18 PM

So you are offering free upgrade to 215Mh/s per bond, right?

That's 1.325/215Mh/s ~ 0.006BTC per 1Mh/s after upgrade. That's about two times cheaper than what Bitbond offers. What's the catch?

Quote from: odolvlobo on July 31, 2012, 08:36:00 AM

Quote from: amazingrando on July 29, 2012, 05:20:44 PM

* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc

In other words, assuming a value of 0.50BTC per BITBOND share:

Free: 12.5 Mh/s for 0.50BTC = 25 Mh/s per BTC, or 0.0400BTC / 1 Mh/s
Small: 45 Mh/s for 0.75BTC = 60 Mh/s per BTC, or 0.0167BTC / 1 Mh/s
Large: 450 Mh/s for 6BTC = 75 Mh/s per BTC, 0.0133BTC / 1 Mh/s

That's an easy one, bitbond & gigamining are making a profit from the transition to asics, he's not.

(disclosure, I own some hydromining bonds)

I wouldn't call your upgrade program competitive... Or am I missing something?