Bitfury: "16nm... sales to public start shortly"

[Akarabzie]

just a predication but could be we won't see 14/16 nm gear until halving on public sale because it's too profitable for them to mine for themselve before the date and afterwards they will release it to public overpriced.

1. mine privately with 14/16 nm until July 2016
2. sell overpriced 14/16 nm gear to public after July 2016
3.
4. PROFIT!!

is the human nature just as this greedy scumbag, lord?

No, It's just the nature of a businessman. Profit is king and most corps could care less how they get there anymore.

[1714934854]

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[Gyrsur]

just a predication but could be we won't see 14/16 nm gear until halving on public sale because it's too profitable for them to mine for themselve before the date and afterwards they will release it to public overpriced.

1. mine privately with 14/16 nm until July 2016
2. sell overpriced 14/16 nm gear to public after July 2016
3.
4. PROFIT!!

is the human nature just as this greedy scumbag, lord?

No, It's just the nature of a businessman. Profit is king and most corps could care less how they get there anymore.

you mean business has no ethic component? 

[sidehack]

Only when the authorities are watching.

[Gyrsur]

Only when the authorities are watching.

sad but true! and some people think it's a good habit!  

[toptek]

Only when the authorities are watching.

So true if the man or law lets them they don't give a rats ass who they hurt or screw over .

[fr4nkthetank]

So true.  And where else are you going to buy a miner ?  make it yourself ?  they are laughing.  The equation for the antminer price is :  highest possible price someone will pay to buy it.  simple as that.

[Unacceptable]

Only when the authorities are watching.

sad but true! and some people think it's a good habit!  

Alan Greenspan thought the banks/wallstreet would NEVER screw up 

[sidehack]

He must not have been much of a student of history, because I'm pretty sure banks and Wall Street have screwed up pretty frequently, and disastrously, since their inception.

[Biomech]

Only when the authorities are watching.

sad but true! and some people think it's a good habit!  

Alan Greenspan thought the banks/wallstreet would NEVER screw up 

No. He didn't. He said and KNEW the very opposite of this before he sold his soul.

[Unacceptable]

Only when the authorities are watching.

sad but true! and some people think it's a good habit!  

Alan Greenspan thought the banks/wallstreet would NEVER screw up 

No. He didn't. He said and KNEW the very opposite of this before he sold his soul.

I'll just leave this here................

https://www.youtube.com/watch?v=YwpnH_OTZio&nohtml5=False

[CarrollFilms]

Now, when Bitfury says "shortly" are we talking quarterly short amount of times, or were they hinting at releasing them a week before the halving?

[QuintLeo]

At one point they were saying "end of March", so in THEORY shortly in this case should mean "any day now".

[Sierra8561]

At one point they were saying "end of March", so in THEORY shortly in this case should mean "any day now".

Classic over promise and under deliver lol.

[alh]

While I could be dead wrong, right now my money is on a "chip fabrication" problem for Bitfury, as opposed to outright deception on their part.

I don't think they have said anything useful in well over a month, so it's obvious that "late March" isn't useful for guidance.

[Sierra8561]

While I could be dead wrong, right now my money is on a "chip fabrication" problem for Bitfury, as opposed to outright deception on their part.

I don't think they have said anything useful in well over a month, so it's obvious that "late March" isn't useful for guidance.

Better communication from bitfury would be appreciated by most.

[scyth3]

Bitfury doesn't sell to the public. It shouldn't surprise anyone that we aren't going to get any updates.

[Sierra8561]

Although the actual mining community isn't a direct customer. Bitfury intended to draw attention with this announcement, they succeeded.

[dogie]

While I could be dead wrong, right now my money is on a "chip fabrication" problem for Bitfury, as opposed to outright deception on their part.

I don't think they have said anything useful in well over a month, so it's obvious that "late March" isn't useful for guidance.

Better communication from bitfury would be appreciated by most.

Its the same thing I've been trying to tell them since early 2015. Big company + two communications executives + expensive pr firm = radio silence apparently.

[sidehack]

Chip fab issues would make sense. Looks like TSMC initially thought the quake would cost them between a few days and a week, but then changed that to almost two months. So it could be when Bitfury said the quake wouldn't put them off schedule they were going off the initial appraisal which quickly proved incorrect.

Radio silence isn't helping anything though. Unless they want to keep us in suspense because while we continue to wait for them we do stop (or slow down) buying S7.

[bargainbin]

Only when the authorities are watching.

sad but true! and some people think it's a good habit!  

Alan Greenspan thought the banks/wallstreet would NEVER screw up  

No. He didn't. He said and KNEW the very opposite of this before he sold his soul.

How is it no matter what goes [predictably] wrong in bitcoin (like another bitcoin ASIC manufacture promising, for the Nth time, that MoneyMachines will be ready in TwoWeeks^TM), the conversation inevitably turns to hatin' on banksters?
What do lying banksters have to do with this particular instance of surprise buttsecs

@sidechenell re "Radio silence isn't helping anything though": It served its purpose. You didn't buy competitor's product. Radio silence served AsicMiner pretty well, too. What's to be gained by saying "we ain't got jack"?