Quote from: ErikvanBreen on May 04, 2017, 07:12:57 AM

Quote from: nexbit1 on May 04, 2017, 06:59:05 AM

I would be reviewing the situation in the coming days and most likely cancelling some orders

How do you plan to cancel orders on Hashnest?

Quote from: nexbit1 on May 04, 2017, 06:59:05 AM

It was not too long ago that S9 used to cost 1.5 BTC , today its almost 1 BTC ( 50 percent less )

S9 Miners have always been priced in USD and not in BTC, so comparing the prices in BTC makes no sense since it went up alot in price in the meantime.

Yeah...I don't think you can cancel orders on Hashnet? (others?)

Quote from: crypticj on May 04, 2017, 07:52:02 AM

It has been said over and over again and hopefully people would listen that the rise in difficulty will make it more and more difficult to recuperate your initial investment from L3+ the way current things are going we are looking at difficulty level of 500k or even 1 million and it will only continue to rise until your L3+ is making $60 per month after electricity expenses and bitmain will be selling them for $900 [mark my words]

July is sold out L3+ i would not be surprised if they start selling August batch for $999 or even $1199

Me I am boycotting Bitmain for what they have done to Litecoin due to there manipulation and hardware dumping.

Good luck to all. I rather own LTC than any mining hardware.

The way this played out with me and Bitmain, was I ordered L3's end of March from Eastshore and got them up on April 5th (4) at $10,200

I had more but 4 more pulled and all L3's etc pulled back to bitmain to mine and use against seg witness with 'firmware problems'

ok that was 'hint number 1' it had become a 'rigged' game

By doing such they accounted for a heck of a lot of hashing power and mined these 'yanked back' units for a month or so and drove up difficulty too boot
on my 'loan' or L3's that were canceled. (again 4 of 8 )

I revamped and got 4 L3+'s on May 5th as a revamp ...but even then wondering if that was a wise move or not

hint #2 was them kicking them out like toasters..if they mine themselves that makes little sense to drive up difficulty for that aspect of their business at this volume

my guess is.....ie take over the scrypt pow and LTC etc networks..no competitors can 'ever' go against us on pow scrypt or pow sha-256 and bitmain reigns supreme! (tm bitmain)

hint #3 is hashnet push along with likely their own data hall fill up on price rise..esp fill up on such on price rise..mine like hell ..if they want to pay extra to hashnet on the pump so be it

So yeah...should I have gotten these L3+'s May 5th batch>..probably not....but kinda blind sided by their blatant attempts to steal miner hash
and take over the ltc network..but yeah 20/20 hindsight I likely would have passed...alas NO refunds and not enough data at the time to decide anyway

as it is ..I likely will at worse break even on all this no matter how ugly difficulty wise it may get...with previous L3's and the may 5th L3+'s

but what I come away with is HOW THE HELL CAN YOU ORDER MINERS FROM THEM ANYMORE...if you use calcs say that LTC will go up 2x again
to say $40 LTC....WHAT IS TO STOP BITMAIN FROM DOING THE SAME THING AGAIN ...have a 'firmware problem' take all the miners back on your
dime...and mine the hell out of them for a month..if they look at the math of say $40 or $50 LTC and say..."gee its time to take our toys back. with a big FU.

ie nothing will be done to slap them in place...no competitors...no oversight of any kind..they can do this for years imho

thus the math of mining sucky as it is anyway and guess work that you have to do ..is broken....don't know a way around that bottleneck ..if they can do crap like this

and continue to do so..the math of me getting miners on longer works as such a good deal with my math..is a better deal for them to steal the units back on the pre-order

oh...and no refunds...so they hash with your miners again for a month on supposed firmware problems (i mean really you did a patch and did not even have the evil

asic miner skills to change the date ..previous to the patch on your jan 2017 firmware shipped with april 15th batch miners as previously posted here) sheesh

(others smarter than myself chime in here...but I see no logical way to plan to buy bitmain miners w/o running the risk of having this happen again and again