You really consider $1.66/gh a good deal? How is that possible when bitmain is offering $0.8/gh and shipping earlier?
Yes I consider it a good deal since it was done in March.
Because NOBODY can predict the next bitcoin difficulty let alone the next 10+.
I consider it a good deal because you said it that nobody can predict the bitcoin difficulty so I tried to get the best of other stats like $/GH. As far as I know there wasn't a better offer back then and of course nobody knew what and when will cheaper miners release. It was the best decision at the moment. Looking back is easy to judge and especially if you aren't a miner like yourself.
Are you forgetting that btc was ~$450 average in april? That means that everyone who preordered paid ~10 btc or $6,300 for 6TH. 11 Bitmain S3's are ~8 btc and shipping in 2 weeks vs 2 months.
Because NOBODY can predict the next bitcoin difficulty let alone the next 10+.
The same way that nobody can predict the bitcoin difficulty we can't predict the exchange rate. Hoping/waiting for the exchange rate to increase seems too risky for me. I always make my decisions taking into consideration a fast increase in exchange rate, but also a stagnation for 6+ months.
As I previously said looking back and talking about past decisions is easy now. Doing it live is much harder. I invite you to start making money by either speculation or by mining and when you will have results come here and give advice and suggestions. Until then you are just a guy waiting for his non-existing AM dividends who just likes to chat about past other's people decisions, but who fails to put money where mouth is.
Why was this "group buy" exclusive to the forum? Why did everyone who ordered from the website pay 3 times the price for the same batch?
I think you need to ask SP-Tech this, not me.
If you were unlucky enough to preorder an august batch sp30 directly from the website in april you paid ~26 BTC for one ~6TH or $2.8/gh..
jimmothy's math: 26BTC*450$=~12000$/5400GH=
2.8$/Gh <--
BIG MISINFORMATION, but actually it's 2.22$/Gh (for 5.4Th/s) and with the speed improve is down to 2$/Gh.
I will call you
Liar Chemical Ali from now on because there is just too much misinformation in your posts! (
http://www.youtube.com/watch?v=yfAeMtcURg0)
How is it apples to oranges? They are two different machines that consume electricity and magically make bitcoins.
What's the difference other than the sp30 being more expensive and shipping later? (3 months for anyone who orders today for ~$0.9/gh)
September is just
2 months away from July. Stop lying and deceiving readers!