@staticwalrus My purchase on the Helium Deploy platform of the DeEEP device received a discount coupon code worth $25 on my next purchase and it is not time limited, thank you for that move, I appreciate it.
@staticwalrus My purchase on the Helium Deploy platform of the DeEEP device received a discount coupon code worth $25 on my next purchase and it is not time limited, thank you for that move, I appreciate it.
That’s a tricky one, depending on the project. We have seen in the past hardware prices being used to also fund a token.
It’s almost like a pyramid scheme if it can’t take off on its own and the hardware sales/hype slows down.
Prices should go down esp if they use old pcs
We could probably do it ourselves if they give us the instructions 😁
Prices will remain the same - that is how it works for electronic devices.
Prices do come down with time, as production volumes increase and as factory yields improve, however this savings goes to the company and not the cusomter.
Think about it with your cellphones, TVs, home appliances (generalizing here). The prices DO come down eventually, but this is only after a new generation of device is available, or rarely if a company overproduced a device and the demand is too little.
For depin it is going to be similar, but with these depin projects they aren’t pumping out new versions of their devices year-to-year, and when they do they genenally adjust the earnings from the device to compensate as opposed to the device itself, assuming they continue to sell the old device. Most projects just stop selling the old version and transition to the new, which is usually more expensive than the previous generation (cuz new features, usually).
Lastly a lot of these depin projects make their initial income by selling the device, especially before they have real revenue sources…and as we know there are only a very few projects that have real sustainable product revenue from the data/services they are providing.
tldr; don’t expect depin projects to reduce the cost of the miner
I think a lot of this will depend on earnings related to the device. If the current price the hardware has an “Acceptable” ROI people will pay the price. If a devices ROI pushes 18-24+months I believe people will pause.
@bob_carsyn kinda like the anyone right now. says 400 month roi. lol still having issues getting that b to give me a relay. i wouldnt mind wings token came out @ same as HNT. that would be amazing.
Some are and some aren’t.
@Gamerdad Geodnet has performed well, I'm happy with it, it's paid off and it's making money, although from July 1st there will be a halving from 24 to 12, I hope the price will go up.
@dm69 this is also a problem when there is such a delay in getting hardware out to customers. The money I’ve lost (or not earned) whilst waiting months for hardware to arrive, only to find that the projected earnings will be much (half) what was expected and thus doubling the ROI from initial investment time.
@dm69 We’re Geod fans too, they will be an interesting case study. If the price stays as low as it is now even after the halving, we'll probably see impacts on miner pricing (incentives directly from Geod maybe?)... It'll be interesting to see where the equilibrium point is reached between: high number of miners, whether or not there's growth in client data demand, new compensation mechanisms, token price, and the halving.
@VEMP After being in this space for a long time, I realized that it’s not about linear returns but more about making outsized profits on some occasion. So while the earnings for Geodnet might not be interesting after the halving, we might still see a scenario where Geodnet 10X in 2026. I’ve seen this happen multiple times, so it’s about making a bet on the right project more then looking at constant returns in my opinion.
Do you think that device prices are too high and should be adjusted over time?
Let's say every 6-12 months.
With more sales, I think it's logical that prices will go down, that's how supply and demand are in the world of commerce.
Of course, everything is included in the price, including maintenance, updates, and the company's profits, which is logical.
On one hand, I have liked the consistency of price over time…I think that brings better ROI for deployers. But, an adjustment should be considered when demand is low, price/ticker is low over a length of time. Also, It would be nice to have bundle deals where we can have a little discount for buying multiples at once.