Dear customers,
I know you have been waiting so long for our awesome miners. But today I may need to share with your the latest news about the pre-order of 17th May.
During May this year, about thousands units of PandaMiner B3 Plus have been pre-ordered. But as the GPU mining industry has been developing very fast recently thanks to the rising prices, it’s getting harder and harder to purchase chips from our suppliers. We have been waiting for such a long time too like everyone of you to get confirmative reply from the suppliers, but it always ended up with delayed answers.
There’s the news that almost all GPU vendors have made pre-orders but their supply cannot meet all the market demands. It’s not even possible for all vendors to get their orders. And therefore, some of you may not get your PandaMiner shipped from us. We don’t want the bad news either but we don’t have too many choices.
An emergency plan was made by us after rounds of discussions to avoid further losses. We have ordered a batch of RX 460 GPU to fill the gap to some extent. The new miner integrated with RX 460 GPU is expected to be delivered in July or August, with the hashrate of 105MHS±10%, and the price will be around $1810. We’ve prepared two options for you as it’s unlikely to deliver the PandaMiners you initially ordered:
Option one: convert the old order to new order
For those who made the orders on 17th May, you can convert our pre-orders from PandaMiner B3 Plus (RX470 GPU) to the new miner (RX460 GPU), and enjoy a special price of $1315 for each miner. When it is ready for shipment, we will inform you to complete full payment.
Option two: refund
From the date of 17th May to 17th June, we will make a compensation to you calculated with a monthly interest rate of 5% against your advance payment, which is about $51 for each miner. And also we will return all your advance payment.
Please contact us before 25th June and make your choice. If we don’t receive any reply from you, we’ll have to go for option one on your behalf. We will try our best to make all the delivery, and also we appreciate your full understanding. In the near future, we will process the order conversions as quickly as possible and make the delivery according to the time of your order.
A few words at last. Given the current market status, for those who are interested in GPU mining, we suggest you to buy the graphics cards in stock, instead of futures as they may be unlikely to be delivered due to the changes from the supply side. GPU chips are expected to be undersupply through the fourth quarter of this year.
I believe that this year will be a very important year for GPU mining industry. In the future, there will be more cryptocurrencies based on GPU mining. Excessive profits will not last and the ROI cycle may go back to around 10 months for GPU mining. I hope you can evaluate all the risks for your investment.
Wilson Guo
CEO of PandaMiner
Well well well, isn't that nice?