Quote from: SamboNZ on May 06, 2014, 01:34:57 AM

@CryptX, by my calculations the retail cost of an 86MH A2 miner from Innosilicon is around US$0.12 per KH of mining power for purchases of 10 or more units (admittedly without freight). However, the Scrypt-X share pricing above works out to a price per KH of ~US$0.16 (at US$420/BTC), or a 33% premium. What is the reasoning behind this difference in price?

Quote from: cryptx on May 06, 2014, 10:17:45 AM

Quote from: jonsi on May 06, 2014, 09:39:33 AM

At curent prices you would pay 163.4 usd per MH for the first 10.000 units. (much more if btc will rise)

* You are buying shares of a managed project, not plain hardware

I believe the management fees to be built-in to the $0.25/kWh fees. This should nicely account for management fees as it varies with increased hash rate.

I thought it likely that you are hedging against a fall in exchange rates, since shareholders expect to get at least 100 KH/s regardless of the exchange rates. If so, I thought it better to promise a hashrate based on a formula against the exchange rate at the time of exchange, rather than eating 33% in fees up-front. You could still take a reasonable fee and remove your risk at the same time.