I think Bitfury is busy with ETH mining instead of releasing their new chip.
bitmain is doing to bitfury the same what they did to Spondoolies: price dumping to drive a competitor out of the market, then jack up the price on their own next gen as they did with S7.
I believe you're right. I can get a ton of S7's right now with coupons at $482 each + shipping. It's tempting, for sure but other things are holding me back from pulling the trigger. I would hate to spend $80K on S7's, only to have next generation come out within two months and end up regretting my purchase.
My gut is telling me to keep my bitcoin and be prepared to dump close to the right time when the potential pump and dump arrives soon. Then buy back in at a good price after the dump to accumulate more bitcoin. I think I would be better off increasing my bitcoin wallet by potentially 30 to 80 percent than to buy rigs at the moment.
What do you guys think?
Let's see what will happend next weeks, i think it is very possible to see a new S9 miner soon; Bitfury is in silence mode since last months, so they are not very interested in us or they cannot release their chips yet; At this point, without cheap electricity it seems temerary to go for more miners...
One think i'm watching since some time ago is that the hashrate is stable... how many time will be stable??