Buying 1 S7 is like buying 4 S5s for $455.75 plus it uses only half the electricity...that doesnt seem so absurd. The price seems to be reasonable to me considering it's only just released. The main problem is if you only wanted to buy 1 S5 then the S7 is priced out of reach.
Yea right with the price of bitcoin dropping that alone it's not worth that price and then not counting the diff going through the roof the s7 is only going to make the BTC market crash by creating I higher global hashrate. BTC IS GOING TO CRASH YOU WILL SEE.
its not worth the price!
I'm fine with you not wanting buying the S7...I respect your position and how you arrived at that point. I personally would love to replace my 20-S5s with 5-S7s and save myself about $440 a month in electrical costs while maintaining roughly the same hash rate (and therefore not contributing to the inevitable BTC market crash). The S7 initial price and specs would actually be a win-win for me as it is right now. If I can get in on any group buys, it would be even better!