Spondoolies-Tech,...
WHY you don't try to RAMP the production of SP10 as SOON as you can ...let say to 300-400-500 a day ... 10000 to 15000 a month...?
ZiG,
It was already discussed at some length. There in no magic wand that will allow us to ramp productions immediately.
The lead time for the ASICs is 3 months. For other parts it's 1-2 months.
By getting as much pre-orders as we can for SP30, we'll be able to ramp up production for SP30 in September and October, but certainly not to the quantities you're indicating. For example:
Assume for a moment that the COGS (our cost) for the SP30 is 1,000$ (it's much, much more).
We'll need to pay, upfront, 15M$ X 3 months = 45M$ to be able to prepare such pipeline for September-November
Now, since the COGS is much more than 1,000$, you can understand that the amount of money you're requesting as to invest upfront is simply absurd.
Please don't give Bitmain as counter example. Their S2 product is about to EOL in June - July with current BTC price and hash-rate growth.
your sp30 needs to be delivered on Aug 1st and btc need to stay at 489 usd and growth rate needs to be 13% for it to profit about 1600 usd.
The problem it has is it is not a big jump up over the sp10 and the delay until August makes it a no go.
diff is scheduled to be 5x what it is today come aug your new gear is 3.85x the hash.
lets say you have a sp10 in hand may 5th and you paid 4k usd . it stands a chance of making money.