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Author Topic: Bitmain to offer $800 discount coupons to those who have preordered from Obelisk  (Read 216 times)
btc2017btc2017 (OP)
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January 28, 2018, 02:54:27 PM
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What's going on here? Bitmain is offering $800 discount coupon to those that have pre-ordered from Obelisk. Why are they doing this? Is it to get the Obelisk customers to buy into the next batch of the A3, Kiss and make up to the Obelisk customers who ordered last year and won't get their ASICs til June/July, Bitmain are shit scared of Sia softfork or is there something else going on?

https://www.facebook.com/CryptoMinerUK/posts/218004245414407
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January 28, 2018, 04:03:07 PM
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What's going on here? Bitmain is offering $800 discount coupon to those that have pre-ordered from Obelisk. Why are they doing this? Is it to get the Obelisk customers to buy into the next batch of the A3, Kiss and make up to the Obelisk customers who ordered last year and won't get their ASICs til June/July, Bitmain are shit scared of Sia softfork or is there something else going on?

https://www.facebook.com/CryptoMinerUK/posts/218004245414407

It’s simple.  How to kill a competitor 101.  Quite interesting how they are going about it.
BR

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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January 28, 2018, 04:15:21 PM
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Bitmain has all the money to burn to kill off their competitor. Questionable business tactics, but it probably works.

Fearful when others are greedy and greedy when others are fearful. Just HODL.
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January 28, 2018, 04:26:02 PM
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small miner here, 2x 8gb 580s. I'm getting driven out. My 2 cards went from 1 sia per hour to .5 and now to .2, looks like I'm out. My even numbers make for a pretty clear understanding of the difficulty increase. sia is now officially an ASIC only coin. Devs or no devs. At that value, for .2 per hour, what's the point? Even as my -dcoin it's way better to get decred. And it's unlikely that sia is going to reach the kind of value decred has, at least not for a long time. If the obelisk project is killed bitmain is going to have a monopoly, at least for now. I'm curious though, sure bitmain has money to burn, and obviously they're shooting kill shots at obelisk, but what does it mean? Is it just to burn a competitor because they can? Or is bitmain putting a huge bet on sia coin for the future? 
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January 28, 2018, 05:14:15 PM
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Maybe I don't understand this move.
From what I know Obelisk is the same people that do sia right?

So, if bitmain really is trying to kill them off couldn't sia just go through with a fork and kill off the bitmain miners?

Seems there must be some level of cooperation.  Or, perhaps bitmain is jut trying to get rid of stock because sia mining returns have lowered  Huh
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