Post
Topic
Board Hardware
Re: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING***
by
klondike_bar
on 13/02/2014, 05:31:24 UTC

Yes, there's a reason many oem's are pulling out of retail.  There's tremendous workload associated with providing quality customer service, a solid refund policy and fast shipping.  Adding credit cards has increased our administrative costs due to the amount of credit card fraud.  In order to honor refund requests, I've sent millions in BTC and USD.  In addition, the presale market continues to set lower bounds on price, despite the fact the we ship and they dont.  Price fluxuations in BTC drive ROI models crazy, putting pressure on us to lower prices.  Leased haspower is at least currently demanding an attractive premium over offering retail.
MBP was and still is focused on building mines.  Retail sales has been a great way to involve the community, and initially generated some good capital, though we haven't done anything like the sales of KnC, Cointerra, etc. and in the face of 28nm, our product has become "legacy" equipment already.
All this being said, we still have an idea of what we are willing to sell our hardware for, and that is reflected in our prices.  I dont typically respond to price wars, nor do I ever engage on forum arguments about ROI.  The price point each miner will pay is a personal decision and everyone has a different strategy. 
If my prices don't appeal to you, I encourage you to shop around!  But I hope this is not perceived as a.lack of support to the community.  I remain committed to bringing our next gen products to this community along with continuing to field the best customer service and support team in the market today.


good points, but it doesnt make your product any more attractive then an antminer S1. I just know that when I am buying my next 1+TH of equipment it will be from them, because the product does the same thing but at a lower cost.

MBP deserves a premium for their payment options and FedEx delivery speeds, but not what it is now. A ~35GH card costs 0.5BTC - thats a price more than twice that of Bitmain.

However, its your store and clearly the current sales numbers are sufficient. If thats the case, then by all means continue making money - just remember that you could get many more sales at a lower price-point