Quote from: Neo-Geo on January 31, 2018, 05:07:04 AM

Charge $2,378.00 for an aging L3+ that nets $7/day and they sell out litening fast. Now the problem is that they are only asking $980 for their latest and most profitable ASIC, so that has everyone 2nd guessing themselves. Baikal is charging $7,000 for their next batch of Giant B and X10 ASICs and will have no troubles selling out, but imagine the ridicule if they would have asked $700 each. People would be like, "Hellz naw, I'm skipping that, psh, for $700 I could get a GTX 1070 these days." Charge $7,000 each and they be like, "I'll take 6."

I think Bitmain's pricing has much to do with the Obelisk and their imminent batches and compound coupon offerings. Bitmain decided to price competitively is all, even tho their 2nd batch will still be the only Sia show in town.

I think it is not the price that is the cause, its the attitude of Bitmain to pump the market with so many miners at low price that not even the first batch buyers can't make their ROI very soon, coming to Baikal, they only release a very limited quantity with higher price, so that there are few ppl running miners and profitability doesn't not go down so soon.