Quote from: Fjordbit on November 13, 2013, 06:51:11 PM

Reading comprehension, morans.

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I have resold and mined both your FPGA and ASIC lines, and have made quite a bit of coin doing so

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if you are able to actually deliver your 28nm products with a reasonable price, hashrate, and power consumption.

(emphasis added)

I've made a lot of fiat money from BFL and if they deliver monarch and it has a superior hps/$ value to other offerings and I see that the queue is fulfilling well then yeah, I'll buy it. However, at this point in time it is clear to me that BFL has serious engineering gaps and for all I know are bleeding cash directly into Chapter 7 so no I am not going to put my money into a pie in the sky offering. When ASICs were first announced, the bump in hps/$ (4,000%) justified the risk of investment, a risk that paid off huge for me. The move from 65nm to 28nm isn't even a 278% boost. I've made more than that holding coins in the last month.

+1 measured and well thought out response. Take heed of what Fjordbit is saying. No hate, no bs, no axe to grind... just a clear risk assessment versus holding coin.

"so no I am not going to put my money into a pie in the sky offering." <--- that is the line that needs to be highlighted for newbies coming into this forum who might consider BFL Monarch's.

If you are not basing decisions off the very limited number of people who actually gained off BFL equipment then you probably deserve to get ripped off.