yeah why kill off the goose?
It is simple smart business. and bfl has been a leader at this. (they still have money from me since jan 2013) .
In a way I do not blame them. Since no one is sure how long this will last. If I mine 100 Jupiters that is 55 th.
So if I sold 2000 of them. That would be 1100th about 20% network jump> So I
delay shipping them until I test all 2000 100 each day.(55th) the next diff adjustment stays lower. I keep the adjustment lower for 20 days or so. This just happened last adjustment was under 20% next adjustment is going to be under 20%
I get to mine 55th at a better diff for 21 days. I mine 5% or 100 of them for 1 day. Do this then put them aside. after testing all 2000 units Then ship them call it quality control or good business. The fact fact is that would be legal and a 20 day delay how much coin is 55th for 20 days at 800 usd a coin? A lot of coins.
I argue they should do this as returns would be reduced bugs found yada yada yada. It also helps me as I have 250th in hash as I type.
Topic: Wonder if the High Price of Bitcoins is affecting Manufacturers (Read 483 times)
November 26, 2013, 05:45:20 AM
Well I guess it's pretty hard for a company to sell something which they would make more with keeping. Companies are only about profit. In that way they are sociopath members of the society. They're not idealists like some actual people are within the bitcoin community.
Deal with it. But don't give up.
Deal with it. But don't give up.
November 26, 2013, 05:29:43 AM
Good point and I wouldn't be surprised if this is the case and leaving us high and dry. Shipments of supposedly currently available hardware (Cubes and Blue/Red Furies) suddenly seemed to have ceased with the current btc rally. Reminds me of a company that was so late in shipping their preorders. It's a pattern.
November 26, 2013, 04:36:50 AM
I'm starting to think these high bitcoin prices are keeping manufacturers from releasing the next generation tech.
Mining with the tech while leaving us to use slower stuff while they get the big earnings for a bit....
Mining with the tech while leaving us to use slower stuff while they get the big earnings for a bit....
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