That's not even close to being profitable. Why the hell would anyone pay you to lose money?
I assume you are justifying that statement by assuming that only the difficulty will rise over the course of the year, without the price being affected at all. What you have to understand is that our customers strongly believe in the success of BTC and part of that is the vision that the $$/
BTC will rise over the course of the year. We firmly get that with difficulty increases, a customer's hashing power becomes less profitable over time. However, we also do assume that from this point until a year from now, the price will have increased. If price increases relative to difficulty then our customers make over a 50% return (to give you one example).
We have set out to offer a price that is competitive (much less than some of our competition), but at no point the "lowest cost provider". It was our decision to do this because we wanted to do it right instead of be another company that cannot fulfill customers' orders and needs, like we had dealt with in the past. So, we decided to put all of the processes in place to be able to provide the best possible service (commercial building, 24/7 security, human monitoring, scheduled maintenance, clean fire suppression systems, UPS backup, and a full scale backup generator). We're not operating rigs our of our parents' basement.
It is because of this that we have already seen multiple customers roll their orders over and acquire more hashing power. We will do everything we can to serve the customer. If you are not happy with the price then I would ask you to test out the competition. If their service doesn't hold up, like many of our current customers have dealt with in the past, then you can come give us a try.
Anything else you would like to discuss, please feel free to shoot me a note at
[email protected] and we can schedule a call.
Cheers!
