Yes - I know about the company -- I've bought many 2nd hand A2 machines but not directly from them.
Past experience does not guarantee future experience especially in the world of Scrypt miners.
Every Scrypt miner that I have seen as a pre-order (past the A2's) has turned into Vaporware or some crazy fiasco.
In my opinion one would be a big gambler to pre-order such a machine that doesn't exist.
Sounds like a nice exit-strategy to me -- for a known company to advertise a great new Scrypt miner -- a good price -- and then lead people on for months, years, and zip -- they are gone!
Lets face it -- Scrypt mining is on the way out. Slowly, but surely.
LTC was added recently at Antpool... seems that in China, LTC has still got a big following.
I suspect Innosilicon is addressing that market which is a big one esp in China.
That is probably a bad new, because the diff can skyrocked if somewho as Bitmain enter to this market; BTW, could be Bitmain one of the Innosilicon's seek new partners?
If the diff skyrockets and a 250 MB can only generate 1 LTC a week. At $4 a coin you are not going to have a lot of people wanting to invest millions of dollars into setting up a farm. Also if Bitmain was one of their partners, I don't think they would be out trying to get preorder money to build. Another point is that you would think an investment group willing to setup a huge farm in China, would put up the money to do a big first batch build by Innosilicon. Then they can sell miners to individuals after they get the first thousand built. Instead they are trying to get preorder money to start a build. Not a good omen.
Don't disagree with your premise...even with large difficulty jump....but China electric is what 1c 2c kwh or free (for a cut of btc made on the side)...
I now with 1000mh and 14c kwy at 4100 watts and 4.08c LTC am making below
24 hours 10.49414062 LTC 42.82 USD 13.78 USD 29.04 USD
7 days 73.45898438 LTC 299.71 USD 96.43 USD 203.28 USD
30 days 314.82421875 LTC 1284.48 USD 413.28 USD 871.20 USD
IF SAY THE DIFFICULTY FOR LITECOIN DOUBLES well then I would get this
Profitability Analysis
Expected Rewards Costs Net Profit
24 hours 5.24707031 LTC 21.41 USD 13.78 USD 7.63 USD
7 days 36.72949219 LTC 149.86 USD 96.43 USD 53.42 USD
30 days 157.41210938 LTC 642.24 USD 413.28 USD 228.96 USD
big diff 642.24 usd or down 73.7%....but as you can see the above is still profit after electric and I may be screwed at 14c kwh
BUT folk in china with equiv equipment are still killing it ...even if difficulty for LTC doubles
Just saying...how they look at this with their electric costs vs my electric costs is a universe apart don't ya know
anyway my take on it
A lot of unknowns are happening. I think that if there was a chance for a huge profit on LTC machines, someone else in China would have made a machine. Just saying that a company such as Innosilicon has to preorder this sucker. Why? If it is such a great LTC miner with huge potential and the Chinese have zero electric cost, then it should be a no brainer. Yet again this preorder BS has me thinking. I am probably wrong but something doesn't seem right.
You very well could be right and we could see the equiv of the 2013 to 2014 massive difficulty rise like BTC saw those years. My view is that the A4 is NOT any better then a
325mh 1250watt Titan...or damn close. The odds of finding a 'used' Titan that does the whole 350mh at this point in time almost 2 years later is small..maybe 1 out of 20.
So with innsilicon saying they 'beat' the Titan...well it ain't by much and in 'reality' with only used Titans out there..probably not even that (assuming 325mh at 1250 watts)
BUT......something has or will likely replace the A2's and that likely will be A4's at this point in time. GPU's etc or less then say the A2's 110mh have already gone to doorstop
status me thinks.
So with the Titans getting older (some likely fading) ...the A2's slowly losing ground and being shut off...and the A4's being the only game in town ..new anyway.....it could
just be a 'wash' ..ie back to difficulty of say end of 2015 when A2's were strong and some GPU's were still mining LTC. Thus me thinks is the 'bet' of folk getting A4's. Not
enough incentive for new scrypt miners by others due to price etc..and the fact the A4 is already out there...thus another 2 years of same old same old (i wish)
But really at $4 buck prices I'm not sure we will see any others. If the price were to go say to $5 and above for LTC imho you'd see such an announcement of new equip
that likely would materialize 5 or 6 months from now...from others on top of an A4 ramp up too boot ...thus we could see just 'more of the same' the next 2years because the A4 is only one who has jumped in and there main claim to fame in that time period may just be to replace as I said above 2015 gpus/and A2's etc. The Titans can run with the A4's fine efficiency and miner wise but they are getting older and could start to fade...anyway my view on why folk are getting A4's ..but lots of moving parts in all this
Then again innsilicon is a 'chip maker' they supposedly "don't mine' I suppose they could just flood the whole scrypt miner universe as a result and A4's could be more common
then toasters.....as they swamp the scrypt landscape
but from my view....kinda ...looks with how close this all is to a Titan ...just more of the same....but again innsilicon could flood the market with scrypt miners I suppose
but yeah lots of moving parts.the key in all this is WHAT price point on LTC would it take say for others to jump in with their version of a scrypt miner? 5/7/10 bucks?
anyway all very daunting to keep track of all the balls in the air on this kinda stuff