What if they're delayed on top of that? They promise additional hashpower if they delay. However, a positive return plugging in as early as jan 1 would require 50% additional hashpower. And a delay would make it impossible to plug in that early with the additional hashpower, and it is a fantasy to think they would offer that much compensation for the inconvenience of the delay. Hmm. I applaud cointerra on the technological advances in design, but it doesn't look a like a wise investment for us at those prices.
Don't take this as "you should buy it today" but ASIC companies offering "free" hashing power as I don't think $8/GH in Dec/Jan is viable and eventually bitfury & KNC will be looked to add later dated sales too. The Q1-2014 price wars have just started.
Everyone should just go buy
LABCOIN shares instead.
These 28nm companies are all way overpriced, and require massive upfront orders. At least KnC is selling the single-chip mercury unit for a somewhat sane price.
I never understood how these shares worked? So how much GH can you buy with $15,000 worth of shares? And do they pay out 100%?
It's just like buying shares in IBM or Ford. They pay out dividends based on how much they mine, plus what they make from selling bulk chips and mining equipment on hand (they're not going to do pre-orders, except for bulk chips). You can see what ASICMINER has been paying out in dividends
here. Since they have a long track record their price/dividend ratio is actually pretty high. It would take about 3.5 years to earn back their share price.
(I say IBM or Ford since a lot of companies on the stock market actually don't pay dividends, and are reinvesting all their money back into growth, like Apple, Amazon, Google, etc.)
It's obviously risky to invest in these unregulated virtual stock exchanges, but at least you can change your mind and sell your shares whenever you feel like it. People who invested in ASICminer early on certainly did well.
I think it's a much better idea for actually
investing then doing pre-orders. With a pre-order the company makes a profit right away, and you may never get one. Real investors get
equity, so if the company makes a lot of money, the investor does as well.