Post
Topic
Board Hardware
Re: Novello Technologies new Mining System Project, prices as low as $0.3/GH
by
novello
on 05/06/2014, 11:40:56 UTC
No one has as yet commented about some aspects of our proposal, which we find odd, namely....

Well for many the reason is we don't really care. All most miners care about are the following:
- does the manufacturer deliver ( on time )
- does the miner do what the specs say it does
- is the power to hash to dollar ratio a good one

Reason many dont get motivated about proposals is because these forums are full of scam artists, big talking wannabe manufacturers who may never ever produce a working machine from their 3D rendered dream machines. The most popular method now is, you produce the miner to a working sellable batch one level, send one or two to the various testers on these forums, they do an assessment of those three things, they post about it, and then, well speaking for myself, I will start to care.

That's a perfectly reasonable approach. Trouble is, to get to the stage of being able to produce a sellable product you need a huge amount of money, and the only way to do that is to get funding - a lot of it. If it comes from a single third party, then it usually means that the end customer will pay a lot more as the third party wants their money back, and then some.

If there's no new players to compete against the existing suppliers then you have limited choices, and that's not so good.

Thanks for your feedback.