If you don't feel comfortable with BTC then don't invest anything into this project, or BTC at all. Buy some gold you can hide under the pillow.

How can you expect the BTC economy to get bigger, if no-one feels 'comfortable with it'? 
My advise to you is, get the BTC now, so you can send them to JJ when he is ready and your chips arrived!
You still have at least a couple of weeks lead time. Get comfortable with it!!! 

    one4many

Just to address this issue of price, I want it to be known that our profit margin is extremely slim.

From the gold trace 4 layer PCB's to the $40 top of the line fan on the cooling system we did not skimp anywhere.

Not to mention the fact these boards are assembled in the USA, and include free express usps overnight shipping.

You might be able to manufacture these boards slightly cheaper than we are but they would have to be done in another country and with cheaper parts.

for $600 your getting an extremely well made product, with a 5 day build time.

If anyone is interested in 10 or 15 day build times I may be able to lower the price a little.

Thats the only way to get the price down, either that or a huge order at one time, but as we all know time is of the essence.

These boards cost me almost $400 each assembled and that is before the cooling system parts, and the time spent to load firmware , package and ship them out. When all is said in done we are making less than $100 profit per board, we are not doing this to get rich, we are doing it to provide a solution to the community to utilize these BFL chips in the best fashion possible. I have personallly purchased hundreds of these chips and have my own stake in this.

I hope this clears some mis-conceptions up.

If someone claims they can make these boards for $200-$300 they dont know what they are talking about. Sure I can provide a cheap PCB and use the lowest priced cheap chinese parts and assembly and save some money but your units wont hash long enough to even ROI in that scenario plus you will have to wait longer to get the unit which threaten ROI even further.


For people outside North America - you will need to talk to your sales rep Lucko about his assembly plant at what they can offer you.

thanks for listening!
-JJ

I see people still don't consider price of the bitcoin...

Choadmeyer, payment sent.
I Have purchased Choadmeyer's 16 chips from batch 2 at a reduced rate.

In addition to the terms I have agreed with him I would also like to publicly state that if Steve does refund this batch (which appears to be shipping to Steve) then I wish Steve to refund the balance from what I payed to Choadmeyer. ( or were sort it out privately in Steves absence.)

Whilst I will not pay full price for chips, I do not wish to profit in the event of the batch being refunded. 

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I agree to sell my 16 chips from t13hydra's group by to southerngentuk.

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1) Just because you don't trust the ASIC companies doesn't mean at least some of them won't deliver (and all of them look like they are so far, so later than others, but still delivering).

2) GPUs will never sell for what you bought them for. GPUs will be mining so few bitcoins these days that you will have no chance of making the difference between what you buy and sell the GPUs at. Don't forget that they use far more electricity than ASICs.

3) The difficulty of those alt coins is going to soar as all the GPU miners do this. Alt coins are all going to die anyways within a year as there is only people mining them with no one buying them or using them as they are pretty much useless.

I'll keep using GPUs over ASIC because of a few reasons.

1) I don't trust any of these companies that are pre-ordering
2) If my ASIC is no longer bringing in many coins, or the hashing power is insignificant because of more powerful ASICs and/or the increasing difficulty, then it is a worthless device that will resell for no-where near what I paid for it 
3) If my GPU is no longer bringing in many coins, then I can move to another crypto-currency that is more profitable, if that doesn't work then I can move to another one, if that doesn't work then I can sell it for relatively the same amount that I paid for it.  People are always upgrading their computers and these cards are all pretty beasty

I guess he's trying to say that refund was not requested for the last batch, so it's going to be delivered.

Concerning the second batch:

Board with less then 13 chips will cost less... There are steps 1-4,5-8,9-12,13-16. They have less parts on it and power supply is expansive so it will show in price difference. And we didn't yet set the price since we are not yet 100% sure what is needed for cooling. We had some problems getting staff to Germany for form to test it...

Guys, are you aware that the Difficulty in Jan'14 gonna be around 800 - 850 millions ..

I am not sure that we are going to make any profit. Of course this is my opinion, and you have the right not to belive me.

Is there anyone selling 32 chips from batch #1? Please let me know.