Quote from: newguy05 on September 03, 2013, 07:38:56 PM

Quote from: Endlessa on September 03, 2013, 02:27:50 PM

Quote from: sephtin on September 03, 2013, 01:52:40 PM

Quote from: MikeMike on September 03, 2013, 08:38:46 AM

Quote from: newguy05 on September 03, 2013, 07:35:59 AM

4 btc/$560 cost basis for 10gh + starting difficulty 88,000,000 + only 15% per difficulty increase = $27 profit after 12 months. No go.

Mining is dead, long live mining!

What calculations for % gain in BTC price?

Sorry for the tangent of the thread... but I feel it's relevant.

If you spend 4BTC, and it never returns 4BTC... then who cares what USD price of BTC is?

The less than 4BTC you earn with the hardware will never be worth as much as the 4BTC spent for the hardware, no matter what the price of BTC is...

This alone is reason enough. . . . and there is more. . .

AM had the chance to crush the competition and dominated the market by supplying hardware at competitive prices. If they had focused on an expanded supply line and competing on price. They could have owned asic production and created an economy of scale with much more long term profit, but instead they focused on maximizing their short term profit. This in turn left room in the market for another 4-6 companies to pop up. This is good for customers, but truly bad news for AM.

etc..etc..

So go ahead AM, keep on keeping on. Then one day there will be no customers left. . .imho

g' luck

am was making 2500%+ profit margin on their blades, the industry leader apple is making around 30% and that's considered extremely high. am knows exactly what they are doing. Why sell 5000 blades when you can sell 200 and achieve the same profit. They have continued to be the market leader in term of actual gh/$ delivered.

It sucks for the clueless miners buying into their hardware that barely roi anything, but it does not suck to be am.

I think you meant leader in $/GH. 500$/GH on the early 50BTC blades, $750/GH in May for USB. Nobody knows how to ass-rape customers like AM.