Post
Topic
Board Hardware
Re: [ANN] US/North American Bitfury sales now open ***full prototype pics***
by
frankenmint
on 15/10/2013, 05:27:11 UTC
There is no way to make it "work".

More people will pile on if you lower the price.  
I am not talking about price, but the pricing scheme. Big difference. Indeed, with the current pricing scheme (pre-orders/projected yield), which now shows empirical evidence to cause a huge wealth transfer from the mining community to the ASIC producers, price adjustments do not work properly (unless you can convince your supplier to make up any difference to ROI). The reason is that during times of rapid network growth the profitability becomes a lottery. This suggests that over the long term the simple sales market will collapse if a viable alternative is injected into the market which leads to a more rewarding experience for miners.

Finally a hero member with hero answers.  That was just brilliant.