I'm not sure if you are taking my words personal or not. I just disagree with you (but enjoy your posts and from memory do think you were always on their side). That said, perhaps I didn't know the full story. Are you saying a September 1st or 2nd delivery? If so then I take back what I said. I thought they said shipment before October, technically even the last day of September would be valid, though not nice.
I still think the 30% or so higher hashrate is pretty huge. (We have to do the math though). But, as I mentioned above, it depends on the due date. Perhaps clarify that before I give my final verdict.
I'm not sure about the B2B part. I do follow you regarding European companies being held to a higher standard (I'm in Germany and still am shocked by the protections consumers get here. But, much deserved usually.)
At this point, I can't see buying more rigs unless there really is some chance at profitability or breaking even. It is sure a fun hobby and that is as far as I think I may take it. Have to finish and see how my GB's turn out. But thus far, very clearly, it would have been better to just buy the BTC's and it isn't even close. I think the mining market might adjust somewhat due to this, but there are other factors involved, such as preferring to mine over buy and sometimes buying isn't even a possibility...
Thx,
IAS
Yes, I have an order for 2nd day and another one in October which should have been shipped in the first week of October too, according to them. I don't take anything personal here except insults.
B2B is in general not as tightly protected as B2C but usually you can expect to get your stuff on time, contrary to C2C or B2C, since shipment is one of the most important aspects of B2B transactions.
And simply because that is the case you will find a clause containing some sort of financial incentive to deliver/build/program something on time in most B2B agreements.
I just find it extremely unprofessional to delay shipping that long, whatever the cause, without stating that when called and not offering some kind of incentive to stay as a paying business customer.
In regards to that I do not consider BFL a company at all, since more than a year would constitute breach of contract and/or fraud in Germany...
Thanks for sharing the B2B, B2C, etc. stuff. Makes sense.
I see from your sig (and knowledge of Germany) that you are here too! (Good English) ehehe
It is going to be interesting to see where the mining business model develops to (in light of all the problems). I think we can be sure that the risk has to be lowered.
I wonder if Cloudhashing (or some variance of that) will be in the cards???
I also wonder what is going to come from the BFL and Avalon scandal (yes, I call it that and am sure most agree with me). The KNC thing much less so.
Living in Germany but not being German gives me a different perspective. I understand Germans have the highest standards when it comes to regulations, rules, standards and things of that sort.
So, I am further excited to see what happens with bitcoin.de's partnership with Fedor bank (and if they will ever allow Americans like me to partake!)
IAS
