Dear Bitmain,
You've earned the reputation for being a reliable and well liked ASIC manufacturer by doing several things that set you apart from the rest of the crowd:
1 - No pre-orders. You accepted payment only when stock was in hand and ready to ship.
2 - Sticking to you word. When you said your Ants will do X, they did X. When you had problems, you compensated your customers.
3 - Reasonably pricing your Ants so that miners could reasonable expect to get ROI.
Now you've changed your tune, and you're becoming like most other ASIC manufacturers out there: greedy **** who don't really care about your customers.
You've:
1 - Started pre-orders. S3+, L1 come to mind. BAD idea.
2 - Took over a cloud company and sold GH/s at a price that will almost guaranteed never ROI.
3 - Have your S3+ priced such that they'll likely never ROI.
What are you thinking? Please change your tune. You are rapidly becoming disliked and will end up being "just another ASIC manufacturer who only cares about lining their pockets instead of taking care of their customers".
Regards,
M
Seconds the above. But the real problem are,
At the current market they can't just fabricate the IC and sell from stocks.
They probably learned it from S3 sales.
The pattern of their S3 "artificial" batch sale was a clear indication that S3 sale was somewhat below par their expectations.
So, moving forward they can only take pre-orders since its not like manufacturing TV or a Refrigerator.
Again another thing they can do to show justice to their customers is to not set a fixed price now but take an estimated 50% advance and give a promise to make the price to get a 60Day ROI and a profit.
If we all keep away from this NO ROI pre-orders from all companies then, they will change.
BITMAINTECH, comeback as your were before.
Which is using hardware sales to fund their own farm acquisitions and once they have enough money, stop selling hardware to consumers altogether.
