Quote from: arorts on April 14, 2014, 08:44:10 AM

Quote from: asiabtc on April 10, 2014, 12:42:11 PM

Quote from: Gazza1 on April 10, 2014, 08:04:30 AM

Does anyone see a trend here?

Some of the first bitcoin ASICs were 333MH (bfl doesn't count) and were sold at $100. 10 months later and they now are not even worth $1.
Then along came the 5GH block erupter blade and were sold for $500-$600. 8 months later and they are barely worth $20.

The prices for these scrypt asics are way too high. At best these would ROI by the time Titans come out. That is if we are lucky and things stay the same. If we go by history profitability has been declining 100% every month since December. If and only IF we are so lucky for things to stay the same, by the time that 6 months is up they will be useless and all that time/effort would have been for nothing.

To be honest I don't know if I'd even pay the $1200 I quoted earlier. $1000 each and that's a maybe.

This is not to say your products are not good, they are indeed spectacular and 6 months ago I would have happily paid the full $3000 price tag for each unit. Actually I probably would have paid 4-5k for each.

And when you think about it, it's basically a heatsink enclosure with 2 circuit boards. I bet it doesn't even cost more than a few hundred bucks to produce. There is no need to assrape the public with these outrageous prices.

the problem is : 1, coin price crashed. and i warned all my clients, and even here i warned all member of bitcointalk forum. 2, the difficulty riseed too fast.
in order to help whole coin system, LIGHTNINGASIC are trying best to provide good miners, good price. and delivery in time. we dont do more then 2 monthes pre-order.
i am trying best to talk with Gridseed to give more discount. USD1000 for LA3m is reasonable now. and it will be good time to enter mining biz.
buy coins or buy miner, its good timeing now.

Production cost has NOTHING to do with difficulty. This still doesn't address the point made before: "And when you think about it, it's basically a heatsink enclosure with 2 circuit boards. I bet it doesn't even cost more than a few hundred bucks to produce. There is no need to assrape the public with these outrageous prices."

Hi!
I must agree... There is a lot of greed, going along with delusion of the ones that are giving that kind of money...
Its just insane...

But then again... someone will purchase them even at this ridiculous pricing...
Asia, assraping the Ocidentals....

LPC