Were Bitsyncom in possession of 2+ million chips as of the end of June, with photographic proof including that of the Airway Bill and Tracking number to substantiate such a claim? Yes.
No, (24big box) x (6 small box) = 144 small box x 2600 chips = 374.400 chips ---> cca 130 TH
Isn't that your job - mail boy? Is there anything else you actually do for all the money you get paid by your customers? ... other than spend it in Vegas ...
According the TGB, there's one single big whale reseller supposedly ordered $14.75 million worth of chips and maybe even got an exclusive period to mine. According to tracking data, they got theirs shipped on 6/25, 135 boxes full. Everyone else, especially the community who rallied around him at the beginning, seem to be getting the short end of the stick.
someone who have 14.75 mil not that stupid and buy 1.8 mil chips ---> 650 TH because with this power diff go to 140mil and he never take money back
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Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
you cant be completely right on both points. if mining manufacturers are missing promised delivery dates then difficulty shouldn't be skyrocketing... so someone somewhere is delivering their mining asics!
Right now, pre-orders are just gambling because mining manufacturers constantly miss promised delivery dates and difficulty is skyrocketing.
What diff will be when your manufacturer deliver what he promise (without other competitor). Many of them make own miner unprofitable if deliver all preordered units. That is point...
From my point of view, being more transparent here could only be beneficial for KnC with respect to their reputation and a kind of "shock and awe" for any competitor.
How long it takes to bring the ASICs to an PCB, debug all the related firmware and FPGA design on the linux daughter card, to have finally a working miner they can send to customers you can estimate yourself. But 2 weeks are not much time for that tasks.
Correct me if I'm wrong, but they can only refund customers with money they still have, can't they?
This is enough for smart people to make smart move
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Re: WTF Avalon? Ship the Chips!
by
sasadjak
on 05/08/2013, 13:01:51 UTC
KNC never make ROI same like avalon chips.
Every (avalon, BFL, knc, bitfury) asic power is enough big to kill himself with diff. That is reason why he not give us numbers how many power is preordered.
oh man, all i want is to get my money back and then have some extra bitcoins to play with. i hope, that is still/will be possible...
Depends when you batch is ordered. We know for sure that minimum 1.000.000 chips from Avalon ordered. That is 350Th power. If only half go online before you have miner diff will be 270Th + 175 TH = 445 TH ---> 62 mil. But you must count on B3 (just delivered), BFL, bitfury... Many of us lose money for sure...