Yes I agree but i bet many customers are building massive farms from this going from the GPU history of farmers. It would still hurt their rep. If I'm given a choice between bitmain and a new competitor (And there will be believe me) then I'm going to try another. I'm sick of their new policy of bleeding us and the pools dry.
Actually if a new competitor appears, the hardware war will be bigger and bitmain will likely win. I suspected the war was coming when the halong dragonmint turn out to be real. I did not expect it to affect L3+ though. It looks like bitmain wants to take halong, who is probably innosilicon down...and it is gonna take away alot of profits from everyone to do that. This halong is a major idiot. They will probably lose money from the dragonmint T1/T2. They cant compete at all. Chances are that their sales are not gonna cover their cost of producing the dragon T1. And when the war started, I suddenly see the D3 for sale again, for very cheap, among other miners. Innosilicon will make a lot less now. My gut feeling tells me the dragonmint T1 sparked this war.
Honestly I don't think anyone can compete with Bitmain. Halong and Innosilicon miner prices are ridiculous in this bearish market while Bitmain are lowering prices every month. When you have a business there are things that attract customers. Two of which are price and customer service and Bitmain got both.