Monday 24 June 2019

Bitmain has released a "limited" batch of S17 for the bargain-bin price of $3799, BEFORE shipping, and BEFORE taxes

" Lol. I love how Bitmain prices each unit 36 percent the mass of a Bitcoin, or 800 percent the mass of a "B**coin Cash"... 12 months before the scheduled supply halving. You're 100 percent more in the profit acquiring the Bitcoin itself, at market cost, and riding it out the lifecycle of a Bitcoin miner, about 24 months. Bitmain will get competitive with their pricing when their competitors arbitrage the ASIC supply chain. I'll wait for "3nm" chipsets and below to get back into mining, maybe in 2024... Or when an ASIC costs 1 percent the mass of a Bitcoin, not 36... Lol... Oh Bitmain... The good news is, that there is some airhead that WILL buy these ASICs, at this price, and wreck themselves, right before the most epic bull run in BTC history, so ironically they'll be better positioned to reap the benefits of an ASIC. Pricing is just sad. Nothing proud to be about. "



Submitted June 24, 2019 at 02:38PM by pimpingken http://bit.ly/2YfevDe

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