1. even knowing how to make it does not suddenly or magically become cheaper simply because silicon valley is involved.
2. buying blueprints is meaningless. once you spent millions of dollars and months of negotiations the blue prints are already out of date because a new design has already started production by the competitor.
3. no matter where you get the talent. (bitmain already has engineers from san fransisco) the physical manufacturing wont be cheaper done in USA
4. it does not matter where in the world the headquarters is. the manufacturing has to be done somewhere with low labour cost, low facility cost
the solution is to follow antpool(bitmains) business plan.
have talent from san fran. have manufacturing in [cheap location], run the rigs in 1 hour delivery distance of manufacturing factory but have the main pool server in any country you please.
i wont suggest african, indian or any of the 'stan' countries based on the heat(adding costs to keep rigs cool).
looking at a non middle east country to set up. i would say the Ukraine or russia has potential. compared to america or the UK, based on labour and facility costs.
ukraine has cheaper labour($0.30c /h) and also cheap electricity($0.02c-$0.06c /kwh). aswell as an acceptable climate for electronics.
though that was just my 2 minute browsing of stats, im sure there is another eastern europe/north europe country that can beat that
Yea but I`m talking about comercially available mining equipment.
Its useless if they develop the miners and only use it themselves, or sell it for a 8x profit.
That wont help bitcoin become decentralized.
So we need more producers to flood the market to make the cost of those equipments ultra cheap.
like i said.. if someone was to set up another manufacturing company in a cheap eastern euro country (to compete) they can sell rigs cheaper. and start a price war to get cheaper rigs from both china and europe.
but here is the thing. no matter what delusions that a westerner has, they will never be able to buy a rig and run it in their basement and be competitive vs the east.
manufacturers will always be far ahead of the game in many ways. so the concentration should be on an increase of manufacturers, which results in a ripple effect to make consumers slightly better off (but never better off then the manufacturing company)
even if a manufacturer was to sell a rig AT COST. (eg $200)
the delivery to usa would be $30 (15% less competitive before it even arrives)
electricity is double so profit vs cost takes another cut (china has 70% profitability. 30% cost, meaning usa is 40% profit 60% cost)
and then there is the delivery time itself, usually 2 weeks.
so imagine 1 rig can make 0.1btc a week.
week one(china): 0.1btc(0.07btc profit)
week one(USA): 0btc
week two(china): 0.1btc(0.07btc profit)
week two(USA): 0btc
week three(china): 0.09btc(0.063btc profit) - (10% drop of reward due to difficulty jump)
week three(USA): 0.09btc(0.036btc profit)
week four(china): 0.09btc(0.063btc profit)
week four(USA): 0.09btc(0.036btc profit)
so in just 1 month even selling rigs at cost price. china would earn 0.266btc
so in just 1 month even selling rigs at cost price. USA would earn 0.076btc
meaning china has already got over $100 for their $200 rig. usa only has $30 for their $230 purchase