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Topic: ASICMINER FRANCHISING? (Read 551 times)

newbie
Activity: 12
Merit: 0
August 29, 2013, 01:15:30 PM
#1
     So this sucks that I'm forced to post in the newbie section even though I've been a member over two years. Guess I should have made some posts in that time instead of just lurking. I truly hope this post is seen by Friedcat himself.

     Anyway a few days ago Friedcat gave us an update. He made a vague reference to franchising, he said he has began doing it in China and plans to expand in the near future. I'm not sure what he means by franchising but I know what I hope he means. I hope he means he will be offering hardware at a price that will undercut the competitors but will share some of the hashing power with ASICMINER. For example, if they sold hardware that was cheaper than their competitors but shared say 15% of its hashing power with ASICMINER, then they could ensure that anyone buying new hardware was buying from them. They wouldn't even need to undercut in fact,  they'd just need real products ready to ship, not vaporware/pre-orders that waste your ROI waiting in line. I also think they should release new USB block eruptors (2nd generation) for free. YES FOR FREE. Sounds crazy, I know! But not if 95% of their hashing power is going to ASICMINER.

     ASICMINER is a mining company first and foremost. They only sell hardware so they don't gain too much of the total network hashing rate. If they followed a franchising program similar to this, then they could continue selling hardware while not diluting their portion of the total network hash rate. We all know the hardest part of running a large scale mining operation is powering it, and Friedcat doesn't exactly have the cheapest electricity. Franchising in such a manor can allow ASICMINER to expand without needing to worry about powering its farm, as the operators with presumably cheaper electrical rates would be running it for him.

     I truly believe that if ASICMINER followed through with a franchising plan like the one I'm presenting then they could continue to sell hardware while maintaining 20-30% of the total network power. If their compitions fails to ship and they begin to get close to 51% they could always raise the price of their hardware, and decrease the amount it shares with ASICMINER.

    In closing I really hope this reaches Friedcat, and someone who isn't a noob can repost this to help the chances of him seeing this. Any feedback (positive or negative) on my proposal is appreciated. (If you really like what I had to say then 1LwBR7Pve9KhARQFGnHxztxSd6WutoZXh3)
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