I don`t get it
it is a business profit is needed
if you can do it better then please do it if not don`t be a troll
I`ve waited for my Avalon for 10 months and it was broken
they delivered with just some days delays
one board was broken and they change it in one week
800+pages for what
And second time I am flagged as a troll today.
You waited on an Avalon and it was broken. That is bad, but it has nothing to do with the present situation. Your Avalon came at a time where difficulty and it's increase was nowhere near today. Also, I don't call 14 days some days delay.
One of your boards was broken and they changed it? Good for you. It seems all the people trying to flag me as a troll are the ones who got good customer service and an earlier delivery time.
What I posted was not that they don't deserve profit. I posted a calculation of customers losses vs KNC's profit margin and that they could have avoided the whole thing with another margin in final production. Also keep in mind that those are only the profits from day1/2 and that the costs per unit estimated by me are way too high.
The calculation is not correct
you have to subtract the research and asic mask/production
The price was high based on the available hardware at the moment (the price was similar to Avalon batch 2/3)
Profit will came for them after day 3 :d
I`m just say that all the asic manufactures are in it for profit , remember 80 btc for an Avalon.....
We are in it also for profit in the long run (the time for fast profit vanished with the first asic product except for the early customers)
From may part of view they are between one of the more best asic manufactures
As in the Avalon/bfl case we all made a calculated risk .
If you don`t want to risk you don`t buy .
We will not make the roi in btc but in us the roi is in half a year~ 110price per btc.