the "i'm not dead thread."
Just got off the plane, expect lots of news tomorrow.
The news is...
He just got back from China and we will soon see 50 Alibaba Companies offering knockoffs for $5.55
at first I was like lol, but then this:
http://www.alibaba.com/product-gs/994289436/Avalon_chip_A3256_Q48_avalon_asic.htmlthis is srsly disturbing me now. Why? Scam? 28-30$ a piece is a pretty shitty price, but in my world it makes perfect sense for a big-fish buying chips before everyone else und reselling them..
No big fish needs to pre purchase them. Anything you get made in China will be stolen - i.e., the people who work in the facility WILL make extra of your product once you give them the design. So, Yifu gives this Chinese company the design, and orders 2 million... they will run off 2 million for Yifu and 1 million for themselves and not pay Yifu anything for it. That is why when you go to China you can purchase brand name clothing without the brand tag for like 60% off the msrp.
You have to expect that the hash rate will go up much more than the theoretical from the nominal chip orders alone due to this. When you get something made in China you are pretty much guaranteeing that your product design will be infringed upon and your tech stolen.