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Hey wait a minute Mr Postman-
go have a look at the vid BFL had on their website recently. They had an identically laid out six assembly work benches, staffed by four people who would be sacked in my workplace if they worked that slowly.
The number of benches is fine, with pre-prepped cases and quick workers you can knock out plenty of rigs in quick time. We don't have masses of pre-orders, once they are done and dusted the farm machines will begin to roll out.
I'm not here to argue with you. If you are satisfied with what you see, everything's good. My point is a production line this is not, but if you're happy, i'm happy. |
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beautiful ken!
one little pic does so much towards boosting my confidence
now get us trading on CT so we can take advantage of this boost! (and the more to come I will assume)
thanks mate and merry merry
and kudos for banning the trolls and FUDsters
I'm shakey enough without those clowns putting bugs in my ear!
Not to be a wet blanket, but you were shown a picture of empty cases (which were already in the summer photos) and 3 empty workbenches (at least one of them was in the summer photos), and you think the trolls are your enemies? Dude, my basement workshop has more bench space and ... actual gear and tools and stuff. To call that an assembly line without cracking up takes balls. Really? Two work stations per bench means they can drop cards in from 6 different areas, fire 'em up for a spot check and then send them down to burn-in with pretty good efficiency. You have to understand that VMC is getting the last string of orders. Once all the other queues for the top-end miners are full that's when VMC gets its customers. It will not be an industry leader with its current tech, but it will be an industry player. This assembly area should be more than adequate to get the volume in queue built, tested, and out the door in a short time frame. The picture isn't ground-breaking, you are correct. It does show development and prep for the high volume of chips/boards. That's the net worth of this shot. I'm sorry, but other than two extra workbenches and two fans, there's nothing in the picture that you haven't already seen. The cases still have drive racks/trays in them. There are no tools or signs of other equipment anywhere. Well, sorry, there's the shop cart. "Not groundbreaking" is a pretty polite way of putting it. And I'm not joking or exaggerating when I say I have more bench space in my basement workshop. |
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Economics is nothing like physics. Physics seeks to discover the real laws that govern our universe, our very creation. Economists just argue endlessly and produce models, none of which work very well.
You never hung out with phys. grads.  At least economics geeks don't add handfuls of dimensions & creative fudge factors constants to make their models jive. |
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beautiful ken!
one little pic does so much towards boosting my confidence
now get us trading on CT so we can take advantage of this boost! (and the more to come I will assume)
thanks mate and merry merry
and kudos for banning the trolls and FUDsters
I'm shakey enough without those clowns putting bugs in my ear!
Not to be a wet blanket, but you were shown a picture of empty cases (which were already in the summer photos) and 3 empty workbenches (at least one of them was in the summer photos), and you think the trolls are your enemies? Dude, my basement workshop has more bench space and ... actual gear and tools and stuff. To call that an assembly line without cracking up takes balls. |
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Bitcoins are perfect example of a thing called Giffen good where as the price raises the demand gets higher and as price drops so does the demand. That's a thing that doesnt follow normal rules in economy and that is why economists dont agree that Giffen goods exist.
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Bitcoin is a currency -- money. Not goods. Yes, the more money is worth, the more people want it. All money, not just bitcoin. Price of goods rising is the exact opposite of the price of currency rising. That's why it helps to know a bit about economics. Money in fact is a good that is used in transactions.. In economics good is describes something that satisfy human need, that needs to be obtained only difference is that bitcoins are intangible goods, like information... Bitcoins are goods in that way since atm they satisfy our need and greed, same as everything else before invention on money as a payment for a good. In the time when people used to trade items. So now you trade bitcoins for money or you use it to by something else. So yes it helps to know a bit about economics.... Wrong. To begin learning, start with Wikip, here, and continue 'till the end. ...Price of goods rising is the exact opposite of the price of currency rising.
If a bitcoin costs double (in dollars or cows), that means that each bitcoin buys twice as much dollars or cows, and thus is about twice as desirable. If you find this phenomenon curious, paradoxical, or if this makes bitcoin "Giffen good" in your eyes, i would suggest either affordable counseling or adult continuing education. |
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Bitcoins are perfect example of a thing called Giffen good where as the price raises the demand gets higher and as price drops so does the demand. That's a thing that doesnt follow normal rules in economy and that is why economists dont agree that Giffen goods exist.
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Bitcoin is a currency -- money. Not goods. Yes, the more money is worth, the more people want it. All money, not just bitcoin. Price of goods rising is the exact opposite of the price of currency rising. If a bitcoin is worth twice as much today as it was worth yesterday, of course people would want it more -- it buys twice as much stuff (goods). That's not called Giffen, that's called common sense. And that's why it helps to know a bit about economics. |
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@brush242:
Please understand that debating people who take pride in their ignorance is no more productive than debating a rusty bucket. Neither is likely to change, regardless of the strength or the eloquence of your argument.
No offense to anyone. ~~Merry Christmas~~
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The problem with this particular forum is that it seems that many (most?) of the posters don't really know the slightest thing about basic economics. Not the Austrian School, the Chicago School, Keynesian economcs, Paulsy Krugmanian, Bastiat, Hayek, Mises, Prescott, Lucas, zip. Nada. Nothing.
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Its sad that you see it as a problem. I see it as an opportunity. This^^ pretty much sums up the mindset of the majority on this forum -- "Ignorance is bliss." "I don't know how anything works, so I could definitely do better." |
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There is nothing inherently wrong with the preorder model...
As far as miners are concerned, almost everything is wrong with the pre-order model. It encourages operations like HashFast, players who enter the manufacturing field risking none of their own money. If their gamble pays off, they become rich. If it doesn't and the company fails, the actors have lost nothing, while profiting from the money they have paid themselves and their friends in salaries. |
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...and that's why i never throw out old drives. Either that or i'm a gear hoarder  |
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