Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Bitcoinorama
on 30/08/2013, 15:48:24 UTC
 

However let's say Avalon had shipped their entire supply at once so that everyone began mining at the same time.  It's plausible that absolutely everyone who ordered one would have taken a loss.

Not exactly, Your proportional return would not be as expidited as Jeff has experienced, as it would have been shared amongst the total volume of users, meaning it would have taken longer than a couple of days, however you would have easily met your expenditure. Remember there would have been less competietition at such time.

Furthermore Avalon increased, as opposed to decreased it's pricing overtime. Batch 3 were priced 5x the price of Batch 1 and sold 3 months after Batch 1 was delivered. Batch 3 was delivered 6-7 months after Batch 1 was delivered.

The reason the recent Batch 3's are unlikely to experience the same as Jeff is because Bitsyncom fraudulantly pre-mined all the Batch 2 units, and then when caught out stopped delivering the dust covered, pool preconfigured silver units, halted batch 2 to send out the prepared black batch 3 units for the remainde of Batch 2. Then had to wait for the bulk chip orders to b ready at the end of June to steal chhips from there and remanufacture more Batch 3's before shipping them 4 months late.