So roughly $750 for HD cards, a few hundred for mobo, case, power. Not a lot of profit in if if not a scam. This is a quick assumption of the GR1 (800MH/s). Cheaper and more efficient to purchase the parts and skip the $100 shipping.
This sounds a lot more like a group building rigs for mining based on current available hardware and accepting bitcoins.
Just my opinion.
That is exactly what we are doing with our GPU Rigs.
It is unfortunate that new business in the bitcoin mining industry are being instantly labeled as scam artists based on past experiences individuals have had with other companies but honestly, this was expected. I just hope that over time we can show that we are not here to scam anyone and that we can earn the trust of the mining community.
I will give you the benefit of the doubt, however, your company:
Has blatantly ripped off images on both sites (and GXMINING.COM, which seems linked to you also) of Butterfly Labs devices
Has not shown a shred of proof of anything you claim, can you provide a photo or evidence of a prototype? Anything?
Can you provide an explanation for both of these issues?If not I don't think you will be leaving "It's an obvious scam" world anytime soon. You are correct in many new companies being labeled a scam, and that is because most of them are. It is very hard to tell at the moment who is real and who is not. I am not targeting your company directly or on purpose, only presenting evidence found so far that makes it seem like it is. If you are legit then I am happy to remove you from my other thread as a scam site:
https://bitcointalk.org/index.php?topic=176262.msg1835276#msg1835276, but you must provide proof of such or words are just that.
True, a home address as a business address is not uncommon, however for a hardware manufacturer it is.