Oh WOW,
I am flattered by the fact that my post had so many responses...
Thank you all, and also for your kind words.
However NONE of you has answered my question because ALL of you are UNABLE to......
WHEN is Bitmain going to lower their prices to make it more "profitable" for us given the upcoming difficulty changes?
Once again thank you all for being so fabulous and pointing out that I am out of order here....
I couldn't be more grateful....
As I said before, I doubt they would plan on lowering the price at least before another big batch. Even at 1.45 it's still the best value out there, and should be
quite profitable.
That's using the estimated next growth with a little extra fudge factor, bringing it up to 3.1B. It's also starting at 25% growth per jump, even though the last two were 22.59% and 19.49%, and this one will be 17-18%. Even with those reasonable assumptions, it shows a breakeven in early May. I'm not a huge fan of online profit calculators, but even at 1.45BTC the S1's will be profitable. It just won't be as profitable as some of the other batches. I have enough hardware that I don't want to take on anymore from this generation, but I think I might be marginally interested at this price. Not enough to expand my farm though.
Unfortunately, they're in the business of making money, and only help up make a profit insofar as it helps them make money. If they can sell out their current stock at 1.45, there's no reason to lower the price no mattre how much we may want it.
