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Right, I agree about both this ventures potential for covering and at the same time there are tons of suckers. My comment was just more to the fact that compani
by ktsmith 13y ago
Right, I agree about both this ventures potential for covering and at the same time there are tons of suckers. My comment was just more to the fact that companies currently claiming they can deliver at $3/GH/s haven't actually been able to. I'll pick on cointerra since they have a banner that calls out their price of $3/GH/s. They were supposed to have delivered in November or December and now it's late January. When they do actually deliver in February (if they deliver at all) the miners that come on line will likely be producing at a loss for their buyers. KNC is delivering at $6/GH/s in December and they are sold out.
- wmf 13y agoIt is estimated that most ASICs cost less than $1/GH/s to make and the current prices just reflect demand outstripping supply. Thus by January I expect all vendors (including e.g. KnC who has known working chips) to be selling for $3/GH/s. AFAIK Cointerra's batch 1 delivery date has always been December.