Post
Topic
Board Mining (Altcoins)
Re: WTF just happened! Bitmain D3
by
monkeyxking
on 03/08/2017, 16:03:34 UTC
Hey All,
Just a quick question. I bought about 10 D3 in the last/first batch at 2699 USD each and just bought some at 1599.
I am quite surprised to see why Bitmain would discount the miners by over 40% all of sudden. Am I missing something here? Needless to say a part of me is dying inside slowly, saying I should have waited. Is this a common thing bitmain does? I know Baikal did a similar thing but that was more from a competition and spec perspective but why bitmain. Clearly I am in shock
Thanks for the replies in advance

Your batch 1 units will cover the spread by being able to mine early.  This was done with the L3s too.  Better to have batch 1 at $1000 more each you should be able to make that back with a 4 week jump on the october batch.

Thank for your reply sir, I get it. Note to self. Next time wait till 3rd batch atleast before buying a new product line for Bitmain.
--- From a sincere bitmain slave

Not sure if you're not getting it, or if I'm missing something myself. My understanding is that you getting in on the first batch enables you to mine a month earlier than the people who got in on this second October batch. By having a one month head start, the mining you could get done in that first month before the second wave hits will potentially be way more profitable than the 1.1k price drop you would get from waiting for the second batch. By the time a third batch is released, profitability will have come down tremendously.