Topic: Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $0.49/GH/s - page 113. (Read 96804 times)

I can appreciate your optimism, it's good to be an optimist and I sincerely hope you do receive delivery of your miners while they are still worth using.

I think you can forget ROI though, you'd have been better parking the money you spent on the miners in a basic bank account. At least you'd still have your capital with some interest.

With BA you've got nothing, no cash, no miner, no hope.

...well, maybe hope.

 

your operating under the assumption that BA cares about their customers that made this happen for the, when in reality they have stated multiple times that they manufacture mining equipment and whether or not their customers make  a positive ROI is no concern or theirs.

1600 Whut? --> quote fipo: "Prospero X-3 will be able to scan an outstanding 2000Ghash while using less than 1050 Watt."

all I know is that if you turn out to have been right about these people, the line of BA nut-huggers queuing up to suck your warhammer will be visible from the space station.....




here's an idea, instead of sinking customer funds into another product use the money those people paid to develop a product for their use -on a product for their use.  

do what any R&D company does.  Pursue multiple vectors on critical path components, so if that if one design or supplier shits out you don't end up butt-jamming your customers, while running all tra la la down the path on some other project funded with the money of the very same people that are getting screwed.  

gee, tell us again how you've stretched yourselves to the limit to compensate for the delays that exist due to the fact that nobody apparently knows how to run a fucking project.  

Here's how it's done BA:

http://alpha-t.net/wp-content/uploads/2014/03/20th-march-20144.jpg


not because it gives you the warm fuzzies, but because it's good business. 

Where did the money come from for this development if compensation for batch 1 customers is maxed out?   
 
No money for refunds.  No money for proper compensation, much hand-wringing over how this the absolute best they can do aaaaaaaaaaaaand.....................here's our new scrypt miner!  Getyer pre-orders in!

Using funds generated from pre-orders to develop new products while the customers that sent those funds in are taking a total bath, and BA is claiming they're absolutely maxed out,  is just the latest evidence that the level of importance given to customers is just above that of a cockroach scuttling across the office floor, and only because a cockroach doesn't carry a wallet.

Anyone that pre-orders anything more complex than a pizza from these people after watching this unfold has a fucking brain tumor.....

Looks like things are going south fast

Do I hear the word "absconded" 

Hopefully not, eh?

 

Well we will know what they have up their sleeves soon.  I would estimate that in the next month or so, the S2 will drop under the current BA offering and we will see a huge increase of refunds requests, that is the point that I am looking towards anyway.  It will be interesting to see how BA responds to competitors selling cheaper (albeit higher power consumption) but I am guessing AsicMiner will start shipping in about a month as well, with lower consumption.  I think that will be the real test for BA, as their equipment will become outdated before they even ship.

They better start announcing what their secret upgrade they mentioned once is (if it adds any value to the end user that is), or start rethinking their pricing/compensation strategy as the current road makes it seem that their equipment will become outdated 1 month or so before they even begin to ship.

Also, we should be seeing a weekly update either today or tomorrow.

Interesting Developments in the ASIC manufacturing marketplace.

Alpha t has had pre-orders for Scrypt based mining units going since January or so.  Price ~ €5950 for 25 MH units.

Today KnC comes out and says it's offering 100 MH units for 9995.00 US

Within hours Alpha publishes the following:

"We would like to assure you we are very aware of our competitors hash rates and pricing and intend to match them, we started development in May 2013 and are on schedule to ship in July giving us the clear lead. During development we decided to make our units larger and upgradable so we could accommodate increased hash rates with ease, we gave ourselves this leeway for a variety of reasons. And the announcement of Scrypt miners from competitors was of course one such reason that we anticipated and planned for. A full announcement with details on our new batch 1 hash rates will be released very soon!"



My points are twofold as pertaining to this ongoing debacle with BA.

1.  The others realize that not competing with their competition would be detrimental to their businesses.  The others are not doing this for the fun of it, but because the actions of their competitors dictate it.  By not matching their competitors' delay based compensation packages, BA is setting itself up for disaster.

2.  There's plenty of profit in these things.  Alpha is seemingly promising a 3-4 fold increase in hashing power relative to what people paid for - and they came to this conclusion literally overnight.  This claim that 'this is the best we can do' w/r/t to BA's cloud mining offer is flat out BS, if the way the rest of the market is acting is any indication of what the real profit margins look like in this business.




I doesn't seem to me that BA is in this for the long term, as their decisions seem extremely flawed if that is the case.  Competition is developing at a rapid pace and it seems to me that they continue to act as if they're operating in a bubble.....

I've been vetted!   I've used this moniker since the day after the following was born: Phinnaeus "Finn" Walter Moder (b. 2004). I just learnt that I was a bastard during the Bible days: http://en.wikipedia.org/wiki/Phinehas.

I learned about you in class..

Name:   ChuckBuck
Posts:   339
Activity:   98
Position:   Member
Date Registered:   December 30, 2013, 05:56:15 PM
Last Active:   Today at 08:26:15 PM

Sure, whatever you say, bud. Just remember cocksuskers, I'm the one that spent 100s of hours in supplying you crazy fucks the information needed when these fuckers go AWOL.

BTW, DZ, the almighty vetter, is already gone.

I bet you're talking about me. BTW, AMT and Bitmine have bit the dust. Know what else? DZ is MIA, thus no more Hawaiian Vetting Service. Don't worry, though. There's a new bitcoin miner seller up and running to order from and jack off on all the shinny renditions.

All Batch 1 and 2 customers perhaps?  Remember, BA just manufactures hardware, whether or not you can achieve a positive ROI is no concern of theirs.

My sister addresses 300-400 emails a day from truckers, not an easy crowd to address. Also, during her 8 hour shift, she books hotel rooms and places calls to convenience stores making them aware of What Nut (inside joke--see AMT if curious). Her initial training period was 3 days after leaving the warehouse floor. She has no formal education to perform said tasks.

These assholes are lying!

I see that unlike some other commentators on this thread you weren't exactly happy by the oversize pictures trying to hide the stated six week delay and you've immediately shouted "Sell!" after the update announcement.

Hardly a vote of confidence in the BA offering.

But anyway, for those others who prefer staring at renders and non-mining while they wait, hope you liked the pics.

Well, the case in the third picture technically is.

Those are obviously very elaborate and sophisticated renders!

/s

Only if you have a Photonic Mining Printer.

Looks like Alex forgot that he has two Matt's taking care of tickets, not just one.

Them pics are amazing. Question: How do they make them miners float in the air like that? Answer: Photoshop. You see, they take pics of their wonderful units/cases/whatever, then instead of just cropping out the surrounding noise, they opt to go through great expense to just showcase the floating case. At least that's what I would do to perpetuate the scam as long as possible.