Quote from: DPoS on November 08, 2013, 06:01:01 PM

Quote from: Epoch on November 08, 2013, 04:06:58 PM

I'm waiting for the announcement and proof that they have working prototypes hashing at X GH/s and using Y watts. If they can demonstrate a good product at a good price, I'll consider buying. Otherwise no.

you know that is impossible.

if there is 100% working product it can only stay on the shelf with ASICminer prices, or sell out in seconds

that is why the gamble on pre-orders brings the price closer to normal ROI. it is left up to you to drop your cost-basis as much as you can so you can profit against others doing the same

That might have been true back in the Bitcoin ASIC Dark Ages just 2 short months ago when all you had are 3 wonderful choices between BFL (long delay while being verbally abusive), Avalon (long silent that caused mental abuse) or ASICMiner (Ultra High price that abused and raped your wallets). But this will not be the case when CoinTerra start shipping in stock product next year. With KnC continue to sell more of their Gen1 while working on Gen2, HashFast shipping next month and maybe we will even see BFL Monarch next year (Sep?). There are much more and better choices of competent ASIC mining companies to choose from. No one will be able to abuse their in stock monopoly like ASICMiner did when they have only BFL and Avalon to make them look good in comparison (lesser of the 3 evils).