So they're going to sell as many of their current mining farm miners they can as used, for new prices, then announce next gen.

Damn, that's cold.

If they really are selling their pool hardware so they can upgrade what is already the largest pool then these things are way over priced.  The difficulty is going to go up a lot and these things will see diminished returns quickly.  I am interested to know what the specs are on their 4th gen asics if they really exist.

Now here is the proof, if any was needed, that bitmain do NOT care about the bitcoin eco-system, let alone the home miner (and not that they have need to).
Without any question, the S:Next-one is already in production and being deployed in their own mining operation. And the suggestion by some that bitmain's strategy includes playing their part to limit network diff growth through limiting rig's sales to the home miner for the benefit of us all is all but wishful thinking. They are in it for themselves (and I don't blame them for that), but price gouging home miners is a despicable act on their part. Current USD rate is over $288 yet they have their's set at $278, and that for overpriced, used equipement ... well, they are the only game in town so why not?
An absolute disgrace!

Good catch.  I will have to make a point of paying attention to that if I wind up buying anything from them again.

Ebay: SP35 highest bid 3050$ right now! I bought a couple of days ago SP31 for 790€  . That 394 usd for used S5 is really crazy. But what can you do if you want mine(r) at home. I sold my rigs in May but when I was offered that SP31 I had to buy it.

The batch 7 new price is outrageous ... they acted bad and the should feel bad..

so. NO WAY JOSE

um kano is doing it.. he already released a s3 firmware that makes the cpu down to .5 and a lot more stable
i think he is working on s4 now, then on to s5.

you should send some btc his way.

Looks like S5b7 shipping was pushed back a week, from July 29th to August 5th.

im guessing its data centers that got first shot on the s7s and they had some trade in

selling the "used" s5s at full price is really shady..

That would do a good amount of gain of difficulty.  Old gear goes to home user and data center got new gear, no gear comes offline.

Honestly this scenario scares the crap out of me.  If they let the big customers with entire data centers sell back gear.   It would make it where the hobby miner is one who is cheated.   

Would also mean what ever is next the first X amount (huge amount) goes to the data centers they get these S5's from. 


I just want this scenario to be wrong... but I'm afraid.