What does your gut tell you?
My gut tells me that if I was TH on the verge of a large offering of equipment, I would be ever present in this forum, providing whatever was needed to make my new potential customers comfortable with sending me their money. Yet with 2.5 hours to go until they start taking orders on devices that they do not have a working prototype on, they are absent.
Either they won't provide the proof that they ordered chips, or they will do it at the very last minute which is extremely suspicious.
20,000 chips costs a lot of money.
All we have seen to date is a single 95% populated PCB, 30 avalon chips and some pictures of an office space.
It's borderline, barely enough data to get you comfortable, so my question is why not provide enough to get everyone warm and fuzzy?
+1. You need an acknowledged member to go and document meeting them in person with a pre-determined Q&A in mind (not plugging me again, anyone can do it). You need more evidence, you
definitely need to ascertain when exactly those chips were ordered, wallet/blockchain transaction info at least. As of yet you have had a few pics of an empty serviced office.
And I have been working on getting this done for us, but keep coming up with donuts. I am out in LA this Sunday to Wednesday, but they are 4-5 hours north of the Biltmore, and I am there to do actual work for my company (F*ck work), and cannot get approval to travel for a day up there.
With all this said, there is also option C for me as I see it... instead of dropping cash on potentials, maybe's, and what if's, I (or we) could always divert our investment to ASICminer shares, as they already deliver, Friedcat has plans for keeping up with a percentage of the network, and let them do the mining for us. Option C, for me at least right now, seems the safest bet.
KnC is a legit company for sure, but there is still risk to what and when they can deliver, that said they are very smart and have minimised risk wherever possible.
There is still risk though. Their chip has to work from the get go on delivery in Sept.The biggest risk is the BTC price, and mass adoption as a payment option, outside of miner's hoarding, esp. as peeps drop coins to recoup ROI in fiat to pay themselves (and hopefully not
consumer debt back) for the miner outlay. BTC will drop with mass selling. Your hedge is purely the future price of BTC in my eyes. I think both choices of KnC and Terrahash delivered in the next 3-6 months will ROI at least...
From what I understand is Terrahash have an office and are happy to let you sleep in their waiting room until your baby is born...
You red to see proof of chip order first though, my fear is
Terrahash may have ordered later than people expect. That's the only problem I foresee, well that and 64 chip cards, as they are still an unknown, not being seen working fully loaded...
I have faith in BTC, as do many! A lot of what you have said is partially why I have not slept much the last two days...
, or store it at your work and don't have to pay power costs
