Post
Topic
Board Service Announcements
Re: Cryptouniverse - Official Canaan Distributor
by
Grog!
on 09/01/2018, 00:32:21 UTC
And being a whiny baby is your right.  WAAAAH, THEY WON'T SELL IT TO ME AT $2500 A MINER!  WAAAAAAH

rifleman74, despite being the fool he clearly is, makes an important point here. He proves all of this is going to work out just fine. Nothing's going to change. Canaan can ride the price up as they please. There will still be sheep to buy in on that, kissing their hands in gratitude. And waging forum flames in their defense. Nothing else's left to say.

Wait until Bitmain reprices their next batch.   It's not going to be cheap!   bitcoininsanity will be sleeping in a van down by the river in a few months at this rate. 

https://slashdot.org/story/18/01/08/1713247/china-plans-to-kill-most-of-the-worlds-bitcoin-mining-operations

Quote
Leaked documents suggest the Chinese government plans an "orderly exit" for bitcoin mining operations in the coming weeks and months. In the documents, issued to the local offices of the internet-finance regulator, authorities were instructed to force mining operations out of business using measures linked to electricity pricing, land use, tax and environmental protection.

Looks to me that the most reasoneable is to wait and meanwhile avoid to be milked like a "baaaaaa" or a "muuuuuhh"