Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
jimmothy
on 09/11/2013, 03:25:58 UTC
Why would hardware sales be temporary?  AM makes more on hardware than mining, and that's just the plain truth.  It makes no sense to mine with hardware when you get the prices AM has been getting.

Yes, cooling for franchising, that's what I am talking about.  Enterprise level, not personal miners.  The instant ASIC farm package.

Listen, if you can only scrape a small profit from mining, vs getting all of your mining profits paid to you up front (hardware), which are you going to do?

And developing services/solutions for the bigger operations is the logical next step.  

You are not understanding. FC is selling GEN1 hardware because it is not profitable to mine with as you have stated. Hardware sales are temporary as we know only 500th/s of gen1 will be sold. None more after that. Obviously maintaining ~2% of the current hashrate with old tech is not profitable and nobody claims it will be. But this hardware you claim AM will sell in the future, who will be buying it? If they don't make new gen chips there will definately be no more hardware sales, and if they do make next gen chips you can guarantee they will be solo-mining until it is no longer profitable and then they will begin hardware sales. This is exactly how it was done in the past and how it will most likely be done in the future unless specifically stated otherwise.

Also you need to understand that this franchising counts as AM solomining. Only the franchisers will be taking a small percentage to keep the operation running (they don't buy the asics just host them). AM will not be selling immersion cooled asic systems unless he says otherwise.