It seams like none of you really understands how business works.
You all cry Bitmain is evil because they are the only one with a monopoly and because they sell a shitload of miners to willing buyers at fair market prices?
Really? What do you think will happen, if Samsung and Baikal really produce a competing miner? They will def not just sell 10 of them...
The difficulty is going to go to the moon.
Prices "Might" fall and I highly doubt they will.... ruining their business for themselves by undercutting the other did not really work in the past (just look at coca cola and pepsi)
Oh and even if the price of mining hardware is going to decrease, due to the higher difficulty and still fixed electricity costs, mining is not going to be more profitable.....
Just think about it for one second. Same product from Hashing power, half the price and people will buy twice as many because they are cheaper....
Agreed. In fact, more manufacturers means more difficulty increases which lead to less profit per miner. Many miners will not break even. And the threat of a new machine appearing out of the blue to make obsolete the machine u just bought also increases.
