Yes that was for a deposit...leaving me with all the risk and then some. The gear is not worth those prices unless I bought direct, but even then why would I franchise? I do not wish to buy shares in AM just to run gear for them...oh well. I guess if you already own shares in AM the franchise might be worth it, but definitely not to a non investor.
Unless I'm misunderstanding something, where's the risk? Are you talking about BTC/USD risk? The gear may not be worth 0.2BTC but isn't that irrelevant since it's only a refundable deposit?
seems it is a refundable deposit. i dont see why you have to pay your hardware being a franchisee.
plus S1s are 0,4BTC, which is double (for a
used piece of hardware that wont ROI if not last more than 2 months: mine got burnt within that timeframe..)
edit: that makes me think, hasnt the global hashrate settle down a little @120Ph since the last 3weeks? wouldnt that be old used hardwre unplugging/breaking rate compensating for new devices out?