I remember post after post about how you guys would not be affected by the CNY, care to comment why "most of the staff" had off when you previously said it wouldn't affect you guys?
Also since a yes or no answer was never given, will minersource be giving refunds, yes or no?
Minersource cannot issue refunds as they have paid us for your miners.
We're currently making a list with the refund requests to see if we can refund from our margin. Note that our margin is quite low as we have charged our customers $4000 on a miner while others have charged $16000 on the same hardware during the same period.
As we've announced, we've put the ASICs into production and they've been paid in full. Canceling the ASIC now is not possible as we will incur around 85 to 95% penalty so we're left in refunding only from our margin.
True, but you will make a lot of coin during burn-in and may be able to leverage that for emergency funds to meet public demand.
Personally, I'm in for the long haul...hopefully I'll be able to make a few bucks.