And if I had such a miner I sure wouldn't sell it for a thousand something bucks. I would sell it for 20 grand and people would buy it like hotcakes.
Actually no, I wouldn't even sell it. I would mine for another decade or so until the rest of the planet catches up with my tech and then sell it.
Actually no, I wouldn't even sell it. I would mine for another decade or so until the rest of the planet catches up with my tech and then sell it.
And how on earth will you sell it for 20 + k when everyone think you are scammer and you are new and unknown?
OK. Lets say you have this miner but the cost to produce it is 1500 usd per miner - how would you produce 200 units of it - you will need
300 000 usd on top of the cost for software development - they claim 70 people worked on the software in Bulgaria?
You also need to ship it from China to Bg - this can be done but if the price goes down a little more and they are broke or - even Bitmain seems to have financial problems - so what you say can be done but is too risky.
so 40,000,000/1450 = 27,586 of these
If you could provide a loan to them to produce the miners i guess they will accept your offer
You guys seems to think that the cost to produce a miner is very low.
Getting the mining power they claim is not a software issue, it's hardware. Software is open source, anyone can use it and do what they did, mine from one single pool.
I think in their video when they say management software they mean firmware.