Quote from: Paladin69 on July 01, 2013, 01:59:00 AM

Quote from: eve on July 01, 2013, 01:33:10 AM

Quote from: Paladin69 on July 01, 2013, 01:01:58 AM

Quote from: eve on July 01, 2013, 12:59:16 AM

They are the Factory or Supermarket to the world. Cheap things come from there. We need $10 for 1 gh/s or less.

Go with the cheapest of course, but don't support anyone who mines on anything but testnet. KNC has claimed they won't mine with what they develop.

Please think it through. To say otherwise means you don't understand how the growing hashrate and difficulty works against small miners. You will only be hurting yourself.

You will make less for yourself @ $17 GH if they are also developing hardware to mine for themselves than with someone @ $17.50 GH who only uses testnet and isn't mining with your hardware. End of story.

Do not support China.

If you are referring to Avalon who is also made in China and has been accused of using customers miners for their own mining adventure that is wrong and unethical, but Asicminer is a share venture so the hash rate are somehow distributed among the shareholders. Is they anything wrong? The fact they are increasing the hash rate dramatically is somehow concerns us. But cheap things comes from there. They are in Walmart, Kmart, Target and those tom, dick and harry stores who keep stocks of China made products.

Not referring to Avalon exactly. Referring to companies that openly admit to what they're doing, mining with what they produce.

No you can't stop cheap Wal-Mart crap, but it isn't too late to apply the brakes to this as it relates to btc.

Yes it will end up very wrong if you care about being a small miner for yourself. Stocks are a ponzi. They give you shares but keep most for themselves. Things like this are a bad fucking idea all around. (good for them though - utilizing westerners money)

But why are you so sure KNC & BF didn't mine with their own production? as the same you seems pretty sure about your claim that Chinese companies DO mine with their own production? If so that is a serious charge. Can you please let us know the details? You can't just say a man is "guilty" but can't tell us why and how, right?

kakakar

Posts

Merits