Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Why do you say hardware sales is a short-term opportunity?
I would say it's the other way around. Income from mining will not go much above what it is currently, because of the 51% issue. Income from selling mining hardware is still far from saturated. People are bidding up USB miners to +$400 on eBay! The demand is huge and I think it would be a lot more profitable for shareholders if ASICMiner were to focus more on hardware sales now when there is such a large demand to satisfy.
I agree with this. If AM were to focus on hardware sales and put forth some development and marketing towards that (outside of this forum), hardware sales would become the major revenue stream for AM.I would say it's the other way around. Income from mining will not go much above what it is currently, because of the 51% issue. Income from selling mining hardware is still far from saturated. People are bidding up USB miners to +$400 on eBay! The demand is huge and I think it would be a lot more profitable for shareholders if ASICMiner were to focus more on hardware sales now when there is such a large demand to satisfy.
Just look at some of the competitors who haven't even delivered products. They've raked in plenty of money (and continue to do so). But, they actually have websites and sales departments and systems in place to make sales work well in a longer term context than forum auctions.
IMO, AM should sell every single piece of hardware they can before competitors are able to deliver products.
I agree. Just setting-up a professional-looking website, AM could sell astonishing quantities in pre-order for up to one year from here without problem, because their competitors look slower (to say the least
) and because of the incredibly good reputation AM has (justified). I would imagine people canceling BFL order to jump on this.It would probably bankrupt BFL, because they can't possibly cover cancellations of their entire customer base.