Hello giga,

Can you try to justify the increased upgrade price to us? As it stands, a BFL Single gives $0.75 per mhash, a gigamining bond gives $1.44 per mhash. That's effectively 100% markup over the very base model (which offers lower $/mhash than the rigs you use). With the coming of ASICs, an upgraded TERAMINING bond will be $0.13/mhash (giga market price price + upgrade), while a BFL Jalapeño is $0.04/mhash. As you can no doubt see, it has moved from under 100% markup to over 200% markup. That's quite a difference in value.

With the BFL Jalapeño being significantly cheaper and more powerful than the BFL Single, the investment (as well as risk) is lower, which makes buying your own ASICs a much more attractive option compared to TERAMINING. It's certainly much more attractive than a BFL Single was to GIGAMINING.

Just tossing my 2 bits in -- I'm still unsure of what I am going to do with my own bonds.

Thanks,
Gary13579