I'm still hesitating to pull the trigger and join this group buy. Pre-order again, we should have past this stage in Bitcoin already.
Great price, hosting possible, quality hardware, most responsive company, etc.... I admit it couldn't be better!
My only concern is the network's growth, even if it the absolute percentage is slowing down since a while.
Going with KfC in the past offered at least the possibility for a refund, so not much too loose.
Those who want to make the bigger part of the profit (manufacturer) should also somehow take more of the risks imho.
Until August so much can happen like chinese bumbing out cheap hardware until there is no more profit.
I mean why should they stop production as long as it is profitable. In the past weeks/months new generations were developed and produced - therefore I assume the growth has slowed down a bit as you do not increase production while next-gen is close.
Then you replace old stuff and increase production. Then network grows again very very fast..
so in short and spicy
Profit: yes, please, here
Risk: where's our customer ? S/he takes care of this part.
With the opportunity of a refund, or in case of massive diff increases rendering it a loss more hardware for the same money or at least additional hardware for a very good price, or some other risk-sharing option, there would be lots of additional customers I guess.
Nevertheless thumbs up for Spondoolies and RoadStress for this incredible deal breaking the $1 per GH/s barrier !!
The reason for taking pre-orders was discussed at length. See previous posts.
At those costs, we simply can't take partial payment. You can go with the Farmer's choice partial payment option.
Regarding the Chinese and hash-rate growth, time will tell. For now, we're the only one with sub 0.5 Watt / GHs design at the system level.
We can't foresee that future, but we think that it's an excellent deal. Ordering now and you'll get above 5.4 TH/s in less than 3.5 months