Post
Topic
Board Hardware
Re: Why the Bitcoin community HAS to save the network from HashFast, CoinTerra, BFL.
by
Puppet
on 16/09/2013, 11:43:55 UTC
Did you even read his post? He never said that those companies should not make profit. He says they could make an equal amount of profit by selling at a lower price but higher quantity. That will not only make mining more fair for everyone but also also these companies who lie and deliberately delay delivery will have to compete by providing gear on time.

Cant you see what nonsense that is? Mining companies will sell every asic they can produce, the only variable is price and shipping date. Its impossible for them to sell at a lower price and still get the same revenue, thats laughable. Lowering prices will not help a thing for anyone, since these companies are already selling out and lower prices would increase demand which they cant fullfill.

Quote
Also it does NOT take 6+ months to design an ASIC that does something as basic as SHA. Cointerra just started their design a week ago and are going to deliver in December.

Cointerra started lasted week?  More nonsense.  The company was founded in April and doesnt expect products until the end of the year.
If anything, 6 months for a 28nm design cycle is a very aggressive schedule.