Post
Topic
Board Hardware
Re: The latest Avalon announcement in China(Translated). Batch #3, price and more.
by
relm9
on 20/03/2013, 21:10:34 UTC
Speaking of security, since when is vastly raising the bar to entry better for the network in the long run? Instead of thousands of people saving their pennies to make a purchase, Avalon is instead tailoring to a hundred customers who have substantial amounts of cash lying around. This sort of circles back to my comment on their "business skills"...

Agreed. They are limiting the purchasing pool to companies, people already  heavily invested in BTC or that already own an Avalon unit. Less diversification of hashing throughput.

But I'm not complaining. The price is fair given the market situation and no competition, so if that's what they want to charge so be it. The units will still sell out for reasons stated above. Your average joe can't afford $5k for one of these - even if ROI is good it would be irresponsible to buy one, regardless of how much faith you have in Bitcoin.