Damn I order to Bitmain 2x L3+ at 1644$ each the 2017-04-24. And now its at 1299$ wtf
yeah....as in my above post....damn hard to compete with the only real mnfg of scrypt pow equip, ie: bitmain
for every 4 they make ..they probably are keeping 3 for their own use in the data halls
and again .....IF the price was the go up 4x....and such looked good for us to buy...they COULD just keep them
again for 4-6 weeks and mine the puppies with a 'ahem' firmware error excuse
I see NO angle where I can buy on these guys
catch 22
If I think LTC is gonna double or triple on seg witness and lighting implementation....and buy some product..if price does
double or triple..it is POSSIBLE that bitmain will simply HOLD the product and mine it for 4-6 weeks and then ship it .with me
holding the bag on my $$$ loan to them to do so. These are PRE-ORDER machines....they may have been good in the past
in shipping product...BUT....watch the price of LTC go up 3x or 4x and damn, I bet that ends quick (bitmain: rinse/wash/repeat)
So it was hard enough 'guessing' on ROI on an equip purchase without 'freaking out' over the fact IF IT IS TOO DAMN GOOD
like on the 4x increase of LTC from $4.15 to $15 bucks...THEY CAN JUST MINE YOUR FRIGGING PAID FOR MACHINES AT THEIR LEISURE.
I see NO angle on how to trust them enough to get a miner
catch 22
to get a miner I have to be pretty damn sure of ROI
but
if ROI is assured .the folks making the miner can take it and mine it themselves first
stuck
Anyone want to beat me up on this logic, feel free....but again see no angle on this without bitmain getting some competiors ..IF I
want to continue to get miners at a profit for LTC and/or scrypt pow coins.
Feel free anyone to show this 'mouse' a way out of this to at least a 'bit' of cheese
I'm stumped