Ninjastic
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Board Hardware
Re: Black Arrow announces 28nm 100Ghash Bitcoin ASIC from $1.49/Ghash
by
bobsag3
on 25/11/2013, 16:44:10 UTC
Quote from: Carlton Banks on November 25, 2013, 04:36:18 PM
Quote from: bobsag3 on November 25, 2013, 04:32:43 PM
Quote from: FlappySocks on November 25, 2013, 04:22:22 PM
Quote from: Carlton Banks on November 25, 2013, 04:15:52 PM
And it seems that BTC is the best method for any miner manufacturer to accept payment, many banks will refuse to process wire transfers to BTC related companies in China. Strange way to do business in this market, for sure.

I used a money transfer service (TransferWise), and converted my local currency to HKD.  It was easy.
I have not any problems at all with the many wires I have had to send and receive from them. Infact the wires both ways cleared faster than Im used to... still BTC is better Tongue

I agree that not all people will have problems with wire transfers. I still believe Black Arrow would be better to make BTC price totally transparent by taking the payment straight away. These decisions are already difficult to make, why make it even harder?
I know one of the big issues I know they have been having is being understaffed- To many tickets with too few people. As for using BTC-e, not sure why that was chosen, could be for money could be because thats the easiest exchange to get $ into via wire? Not sure, I only use CB or Local for all my BTC.