I'm watching for updates on that too ... I hope they keep up that promise and do finally announce the pricing.
I really hope they won't ruin their so far pretty good reputation and take the Avalon/BFL route with everything happening "in two weeks"
I really hope they won't ruin their so far pretty good reputation and take the Avalon/BFL route with everything happening "in two weeks"
I'm getting concerned about that... I've designed a product around prices that were announced months ago and then rescinded, and I've been waiting approaching two weeks for $800 worth of chips that are "sorry they're expensive but they ship immediately" to be shipped. My whole model depends on chips being available early in October and near the price I expect. Bitfury chips are great, and I'm thrilled with them so far from a technical standpoint, but there's not enough margin in them if anything goes pear shaped :/
Chips came today... they shipped when they said they would, it was just the radio silence that had me aflutter I guess...
"Do they have chips" was never the question. Dave mentioned that they have enough in stock that if I wanted a reel I could have it tomorrow.
The question is "price". October chips were initially announced and available at $20/chip. Then the bait was taken away. Now they're $108/chip. AND they keep promising to announce October pricing but so far such thing hasn't happened.
A classic "bait and switch". Very disappointing.
http://en.wikipedia.org/wiki/Bait-and-switch
Quote
Bait-and-switch is a form of fraud used in retail sales but also employed in other contexts. First, customers are "baited" by merchants' advertising products or services at a low price, but when customers visit the store, they discover that the advertised goods are not available, or the customers are pressured by sales people to consider similar, but higher priced items ("switching").
I think it might be a bit early to consider it a bait and switch. They WERE offering October chips at acceptable prices. I suspect they either 1) sold out due to underestimating the demand or 2) chose to hold back sales to make sure they could satisfy their requirements for 100 TH Mine and other projects. Some information from Bitfury/Punin/Dave would go a long way towards easing fears of wasted effort.
So it seem I may have been right in suspecting them of bait-and-switch ... 50% increase in the price is quite a significant amount
The only hope would be for October pricing - as this is supposedly second-half-of-September one.
I Didn t knew this bait and switch expression but that what bitfury played with me after promissing the chip for a certain price and then increase the price 5 times
lol
at least my english is improving i m still remaining positive as i m not a believer of greed GOD
