Quote from: MZ4 on Today at 01:06:53 PM

Quote from: mikeywith on Today at 11:14:28 AM

Quote from: MZ4 on Today at 10:00:52 AM

. But I can not understand why they are selling to Riot and not to small clients when they can get much more money from the retail clients.

Bulk sales have been always everyone's favorite, especially when both bulk and small pay the same, even better when the bulk buyers pay in advance, dealing with 1 client with 30k miners is a lot easier and cheaper than dealing with 15k clients for the same 30k miners, it's common sense.

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Also does anyone has an idea what is the MOQ to be considered as a "large" client?

It used to be easier back then, nowadays with these massivly funded whales, i bet your order total needs to be a couple thousands of gears if you want to sit down with their sales manager.

Thank you again for your answers. I am not so sure the profit margins on the retail can be the same or worse that wholesale. However it seems that you are right, since the story proves what you say.

What would be the possible solutions to this, for the retail hobbyist. Thinking loudly it might be no sense:
1) Group buys.
2) Cloud mining.
3) Form a DAO for mining.
4) ICO for mining.

Each of them has the pros and cons. Any other thoughts?

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Nope to number 1 we used to do them but the tax regulations are higher now.
Pretend I offer to do one 100 t19 = $$. over 100 x 2118 = 211800 usd plus trump tax could be 90000.
I don't want to hold 301800 of other peoples money.
I would bet I would be checked out and considered to be a money laundering operator if I did it.

Cloud mining only works if you cloud mine directly from a small farm. If you do it with Bitmain you help them more than yourself.

If you rent 1ph from me a small farm miner (not going to do it) I could try to structure a plan that. does not favor me 90% and you 10 % which most cloud mining setups do.
But an honest guy such as myself will tell you the following and plan I create that gives you a fair deal is very likely not as good for me as mining myself.
It would take pages to write why this is true and if you want a longer explanation I can give it to you.

3+4 have been done and they fail when profits roll back which they often do.