Quote from: Bitinvestor on October 01, 2012, 10:13:06 PM

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

BITBOND ASIC Upgrade Program Announcement
A while back I put in an ASIC order with BFL. Today I am announcing my plans for the BITBOND ASIC upgrade. I have shared the plan with large investors already and would like to have your feedback as well.

Here are the broad strokes. When the ASICs arrive, BITBONDs will be converted to BITBOND.ASIC. BITBOND.ASIC will be a 100% PPS bond and act just as BITBOND does today, except at a higher hash rate courtesy of the ASICs. All bondholders at the time of the conversion will receive a free upgrade. Bondholders have the option of a paid upgrade as well, as outlined below.

* 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

Now that BFL has upgraded the performance of their ASICs by 50% you should be able to increase your hash rates per bond as well, right?

Yes, I am in the process of revising the upgrade path based on recent information. Once I feel comfortable with a revised plan I will circulate it for comments with investors.