When will there be more details available about the Lancelot trade-in option?
yea would like to know about trade-in option too thanks.
Topic: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 362. (Read 787286 times)
yea would like to know about trade-in option too thanks.
Exactly, Bitcoin mining is the only industry I can think of where one pre-order company pops up almost every week with their hat out.
They are almost as common at new alt-coins. In every other industry people make their products first, then release them to the market.
I'm not ready to take sides yet, and I'm still stinging from paying for an early BFL pre-order where, in hindsight, I'd have been much better off holding my BTC. However, it strikes me that in every other industry companies must go to the banksters, hat and business plan in hand, and ensnare themselves before they can produce anything. At least in BTC-world the pre-order companies are dependent on us miner wannabes rather than on the banksters we'd like to make redundant. Maybe it's not so bad, in Big Picture terms, for us to subsidize the pre-order startups.
We all should really stop with this preorder shit. Its nothing else then free loan to the company. If company has a solid plan worth risking, then go to the bank and ask for loan.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
Exactly, Bitcoin mining is the only industry I can think of where one pre-order company pops up almost every week with their hat out.
They are almost as common at new alt-coins. In every other industry people make their products first, then release them to the market.
Ain't Deadwood swell!!!
We all should really stop with this preorder shit. Its nothing else then free loan to the company. If company has a solid plan worth risking, then go to the bank and ask for loan.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
Exactly, Bitcoin mining is the only industry I can think of where one pre-order company pops up almost every week with their hat out.
They are almost as common at new alt-coins. In every other industry people make their products first, then release them to the market.
We all should really stop with this preorder shit. Its nothing else then free loan to the company. If company has a solid plan worth risking, then go to the bank and ask for loan.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
+1000000
We all should really stop with this preorder shit. Its nothing else then free loan to the company. If company has a solid plan worth risking, then go to the bank and ask for loan.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
In earlier blackarrow explanation I have noticed that he speaks of btc price implying it will rose among the difficulty. That was adsressed milion of times; then we are better of just buying and holding bitcoins at today market price.
So can you explain your math, as to how Cointerra's theoretical system deployment--more powerful and being delivered 3 months in advance--won't generate revenue, yet yours will? Maybe you missed my multiple questions on the topic.
Again citing my post a few bumps up, at a nice round $300 out the door figure (tax, shipping, customs fees added to the cost of the 25% discount unit), with an electrical usage of next to nothing plugged into the calculators--your system won't provide a profit unless there's less than 15% of difficulty increase per rise across March.
I will answer your question with another one:
Who will sell miners and at what price in February? Please consider that the Foundry needs to be paid.
Do you think that the price of the Bitcoin will stay the same and only the difficulty will increase? Until when will the miners afford to sell the hard-earn coin at $120?
So your best method of providing proof for your claim against a competitor--which you're also using as a sales attractor--is to avoid the question and fire up the smoke and mirror machine? That's a great way to garner the interest of folks who are potential investors who are evaluating contributing to your product.
Who will sell miners?
Lots more companies than at present.
At what price in February?
Likely more than we want to pay
Consider the Foundry needs to be paid
Consider some of us are simply looking for detailed outlines of your model, product, math behind your claims, etcDo you think the price will stay the same
No, but February is not a point where it will be stable either, especially with 10 other OEMs delivering
and only the difficulty will increase
The difficulty will be increasing for awhile, and at an exponential rate for at least 6 months beyond February
Until when will the miners afford to sell the hard-earn coin at $120?
I don't think anyone here is an Orcale.
Again, you made claims against competitors' value, you made claims of your own product's capabilities, you promise to make it right, but you're not providing the reasoning behind your claims (ie, the simple math based on projections).
I'm not trying to be a jerk, I'm trying to understand your platform from your viewpoint. So far it's not looking pretty, especially when you're answering questions with questions.
So can you explain your math, as to how Cointerra's theoretical system deployment--more powerful and being delivered 3 months in advance--won't generate revenue, yet yours will? Maybe you missed my multiple questions on the topic.
Again citing my post a few bumps up, at a nice round $300 out the door figure (tax, shipping, customs fees added to the cost of the 25% discount unit), with an electrical usage of next to nothing plugged into the calculators--your system won't provide a profit unless there's less than 15% of difficulty increase per rise across March.
I will answer your question with another one:
Who will sell miners and at what price in February? Please consider that the Foundry needs to be paid.
Do you think that the price of the Bitcoin will stay the same and only the difficulty will increase? Until when will the miners afford to sell the hard-earn coin at $120?
This link does not yet show PayPal (or CC) payment options: http://www.blackarrowsoftware.com/store/payments.html
Is that the page you have updated? Is it just a propagation delay?
Is that the page you have updated? Is it just a propagation delay?
We have not yet updated this as PayPal is not yet working properly. We wrote them and waiting for reply.
I'd like to make sure I understand what you are guaranteeing. You are saying that if I preorder now I am guaranteed a price 25% below market price. How will market price be defined?
Yes, you are guaranteed to get a price 25% below the market price ($/ghash) at the time of shipment.
And yes, we will keep our prices below every other company.
Bottom line is, whoever trusts us now, we promise that will help them to mine profitably after February as well. If you keep supporting other companies who have ripped you off until now, you'll barely get your ROI back.
You have promised credit card payment option soon. Is a matter of days or months?
I know a person who decided to buy elsewhere just because of CC available there and not here.
I know a person who decided to buy elsewhere just because of CC available there and not here.
We have added 2 hours ago Paypal. Please let us know if you encounter any issues.
We're looking into accepting credit cards directly as well, but it might take a while.
Regards!
This link does not yet show PayPal (or CC) payment options: http://www.blackarrowsoftware.com/store/payments.html
Is that the page you have updated? Is it just a propagation delay?
Sorry, me again.
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
Based on your algorithm, assuming that Cointerra delivers in December, Cointerra's batch from January will not generate any revenue and Cointerra will never sell anything after February because Bitcoin mining will not be profitable at all.
The truth is that people will buy miners after February because in one way or the other mining will continue and hardware will be needed. We will be a major player from February when the market will be clearer because there's nowhere to go from 28nm.
So can you explain your math, as to how Cointerra's theoretical system deployment--more powerful and being delivered 3 months in advance--won't generate revenue, yet yours will? Maybe you missed my multiple questions on the topic.
Again citing my post a few bumps up, at a nice round $300 out the door figure (tax, shipping, customs fees added to the cost of the 25% discount unit), with an electrical usage of next to nothing plugged into the calculators--your system won't provide a profit unless there's less than 15% of difficulty increase per rise across March.
When will there be more details available about the Lancelot trade-in option?
Why group buy is not permitted?
Why we do not accept group buys?
We have an experienced and dedicated customer support team that is able to provide a high quality service. They are qualified in handling and fixing all matters that might arise. Direct contact with our customers will also improve our products and customer service.
We also believe that a random person from the internet that organizes a group buy is both not qualified to handle customer support, shipping matters including local customs and might also not be trustworthy to receive all your money, forward them to us and distribute the merchandise to you. If we would accept a group buy and anything goes wrong with it, although legally we won't be responsible for this, our customers will be unhappy.
For these reasons we strictly prohibit group buys.
Do we accept resellers?
Yes. In order to save our customers shipping costs, we will accept a company that wishes to become our reseller and proves that they are experienced and trustworthy.
Sorry, me again.
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
Based on your algorithm, assuming that Cointerra delivers in December, Cointerra's batch from January will not generate any revenue and Cointerra will never sell anything after February because Bitcoin mining will not be profitable at all.
The truth is that people will buy miners after February because in one way or the other mining will continue and hardware will be needed. We will be a major player from February when the market will be clearer because there's nowhere to go from 28nm.
Why group buy is not permitted?
I'd imagine to lock in a certain price margin so if they do have to provide money/equipment "back" due to failure of ROI, then they won't be taking huge losses across large numbers. Totally wild guess though.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
This was sortof my point which went unanswered, according to basic math, there's no way for their units to provide profit at the 25% discount price in March (delivery date from Feb shipping date) unless the difficulty increase is less than 15% per rise (30ish total).
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Sorry, me again.
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
Why group buy is not permitted?
Another question.
Cointerra (assuming they deliver as promised) are offering $3 per GH "early January" in case that is true $2 per GH in Feb/14 will not ROI at all.
I like your approach and wish to do something with your company but just wish to analyze the situation.
Regards
TMC
I'd like to make sure I understand what you are guaranteeing. You are saying that if I preorder now I am guaranteed a price 25% below market price. How will market price be defined?
Yes, you are guaranteed to get a price 25% below the market price ($/ghash) at the time of shipment.
And yes, we will keep our prices below every other company.
Bottom line is, whoever trusts us now, we promise that will help them to mine profitably after February as well. If you keep supporting other companies who have ripped you off until now, you'll barely get your ROI back.
Picture of the X1 is an artist's impression. The original file was another Photoshop and not an actual still image. We have asked a graphic designer to help us with the images as we need to let our customers have an idea how the product will look like. This is how we intend the product to look like. As we are in production stage all we have now are artist's impression and soon rendered images with the proposal that was accepted and we go further with. However, also the rendered images will still be artist's impressions until we will have the machines in hand, out from the factory. Then and only then, we will be able to take still photos. We are afraid the process of creating a product follows this path.
If you are guaranteeing prices then what's the point of preorders? Basically the people preordering now are giving you a free loan because come february everyone gets the same price anyways. The only benefit of preordering now is if the buyer thinks that you won't have to lower prices and the current price will end up being less then market prices for similar devices at the time of shipping.
Customers who pre-order and pay now have 25% discount. Our promise is that we will ensure that customers who preorder now will always get a better deal than customers who order later.
At the same time we promise that our prices will be below market price at the time we ship.
This means that customers that preorder now will have considerable lower market prices by the time that we ship which puts them in advantage towards anybody else.
Unless Bitcoin mining stops because it becomes unprofitable for everybody else in February, our customers WILL make profit.
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