I think the part that is toughest for the Batch 3 customers to get around, is that there are clone builders who paid less per GH and will be mining with Batch3 clones before official Batch 3 miners are shipped - and that it was those official batch3 sales which financed the chip sales/future development/new facilities/etc.
At least Yifu has offered refunds now that they are financially stable, but I know of a bunch of missed opportunities because of the quantity of BTC being held up.
Never a dull moment in the mining world.
True words, especially the bolded part. That sucks SO hard... And let's do not forget how the pricing for Batch #3 was decided: based on a 30 days ROI and an expected difficulty of 10 to 12 million...
Yes... if they had delivered with their original time estimates, everyone would have been very happy. .
From Bitsyncom's perspective, getting the chips out on time keeps up with their "Asics on time; business done right" for potentially 1000s of customers (with pass through). The full miners are maybe a couple hundred. In Yifu's defense, I personally didn't expected the hash rate to merely double in that time window if Batch2 was going to go out the door at the same time. Batch3 was the only credible game in town.
I obviously had no idea about the chip sales were right on their heels.You did not but Yifu did so there is nothing to be said in his defense, he deliberately screwed people there.
I have to admit, there was every chance BFL would get their shit together and ship something, they had already proven their Jalepeno, by that point. Yifu's been lucky BFL have continued to faff around this long. hashrate was easily likely to double in this time, easily. Assuming otherwise is ignorance, not naivity.
