Prices are a bit high for sending miners to china to miner. 9 cents you can get 7 cents in the usa and have someone host it. Even less if you have a lot.
Hi Taserz,
You may say that our prices our high for electricity but we have plenty of reason behind it! Lots of hosting services include other charges to hide their upfront costs.
I'd say a large incentive for purchasing with us is so that you can relax and have your miners just generate income! We are an all inclusive package so you don't need to go anywhere else for hardware purchases and hosting. We offer convenience for people that just want to pay their electricity bill monthly while earning bitcoin or have no time to set up larger scale operations.
Prices are a bit high for sending miners to china to miner.
You have to send your miners to China (pay import tax to get into China), and then they will forward it Mongolia (not part of China) with additional shipping fees incurred and a 20% import tax into Mongolia (another country)
Hi,
Please understand that we have to follow the policies enacted by the government. The current import tax is set at 16% of the hardware cost, 8% is refundable on export. This is set out by the government and we have no plans on disobeying the government because that could jeopardize our entire operation. We are currently trying to talk to the government to see if we can work out a better deal but for now this is what we are stuck with.
and the miner cost are pretty high aswell. :s
and photo did not came yet.
The miner cost is reflective of the market price within China! We are a company so we obviously want to make profit but understand this as well. If we were to sell our models within China, we could sell them quickly; however we are trying to expand into other markets while earning profit as well. If you would like cheaper prices, you can email us directly to let you know when a new batch is available and you will get the cheapest price we can provide! (I've personally seen $2000 for machine + psu at times, so checking up on our current prices is relatively important)
We are going to be releasing a Christmas photo shoot soon so keep your eyes peeled. Unfortunately our photographer backed out of the facility shoot so we have to reschedule that.