ASICMINER hardware has from its inception been a hardly break even, or negative expectation as far as ROI.
Why would they sell them for what they could mine with them? They should just mine with them in that case. Instead, they place the price higher than what they think they can mine with them and sell them to as many suckers as possible.
And it worked... it is truly genius!
Why would they sell them for what they could mine with them? They should just mine with them in that case. Instead, they place the price higher than what they think they can mine with them and sell them to as many suckers as possible.
And it worked... it is truly genius!
Indeed! People look at the current calculator and say "13GH/s will net me 0.17BTC a day! This thing will pay itself off in less than 2 months!"
And they never think to look at the difficulty increases and how that will effect them.
Yup and the problems is they (ASICMINER) have created thousands and thousands of pissed off customers that thought they were going to "print money" but got taken to the cleaners. Trying to appease them with discounted .1 BTC USB sticks will not make up for the loss incurred.
Taking advantage of the uninformed is only a poor short term business model. Most companies succeed on repeat business and word of mouth to survive in the long run.
Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT.
Perhaps the USB sticks were just too sexy to resist
If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that?
You must be a shareholder as you obviously didn't understand what I wrote. The only people making money are the shareholders and re-sellers, not the end user mining.
Selling out does not equal customer satisfaction. A lot of noobs google bitcoin calculator and find one that doesnt add difficulty increases and they think they can make some serious cash.
I never once said "everyone". Stop being so defensive. I said thousands. How many usb sticks were sold? 10,000? 20,000? There are 7+ billion people on this planet, a fool is born every second. Will they sell out? Most likely. Will customers be satisfied? Someone should start a yelp listing for ASICMINER.
Don't get me wrong. I will buy if the price is right.