Don't Buy Any Hardware Right Now Unless You Want to Lose Money!

[Biodom]

KnC 20nm machine was grossly overpriced, 6 mo preorder and than 1-2 mo late. By the time it finally came out, it did not matter that much because there were comparable and much less expensive machines from Spond and Bitmain.
I expect pretty much the same story-a lot of hype and than mediocre implementation or none as far as consumer side is concerned.

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[mavericklm]

I think instead of actually answering the question, he was just repeating the expected specs for Spondoolies' next machine.

Oh okay so Spondoolies (which they deny) are going to produce only large scale miners in the 80-100th range. This seems too high and bulky if one machine.

12U, 16kw, 10 replaceable hashing boards.

more like 30 to 40th

[TheRealSteve]

What do you count as home/small scale?

Personally I don't think it's easily defined.  It's an example of Sorites paradox.  1 miner in a kitchen = home.  4, still home. 16 in a garage, maybe still home, but stick the same 16 in unused warehouse space and maybe you're a small scale miner?  What about 50?  Does noise factor in?  What about cooling?  What if it's '1 miner', but that's actually a self-contained rack?  Could stick that in the kitchen (who needs oven/fridge anyway), but does that make it a home miner?

I think SP's answer to that would be more interesting, but as it stands they may not have an answer to that as people adapt to the realities of mining.

Put yourself in their shoes from a business perspective.  Aside from community praise which bubbles up to large customers slowly, what advantage is there to selling small amounts / small miners to many individuals vs selling large amounts / large miners to fewer individuals?  Take into account things like shipping, administration/paperwork, support infrastructure (from hand holding to RMA processes) and all the other business end things.


Just to get back to KnC, perhaps the people involved in (potential) lawsuits against them have more information, possibly through discovery as appropriation of funds is presumably a topic in any of them.
Joakim Strignert - 15 individual cases, Sweden
Magnus Daar - 50 in a joint suit, Sweden
Charlotte C. Lin - unknown in a potential class action, USA

[sidehack]

The benefits to making consumer-oriented gear instead of catering to farms are numerous but not directly obvious to people focused on immediate profit. For one, you're distributing the network. It's not as dominated by a few entities, so it's more fault-tolerant and less cartel-able. For another, you're not aiding the rich in their quest to get richer by exploiting a new market whose intent in creation was sort of the exact opposite.

[tss]

so basically mining is never profitable.  if this equipment is real they wont sell it to you at an over inflated price until months after they have mined with it.  you wont see this .06 watt till 2016 earliest.

[sidehack]

Yeah but altcoins have basically no viability. Even innovative ones just get exploited and/or forgotten.

[PenguinFire]

This is a very good post to follow his/her's advice.