I cant help but wonder what is ppl thinking for paying 3500$ for a 11th miner? thats a 14 month to ROI without any diff increase.
At 5 cents electricity, it is now 16-17 months, 480-510 days. At 10 cents electricity, it is 20 months, 600 days. That isnt possible. This is without difficulty increase and new stronger machines coming in....
Price should go down to $1100-1200usd?
Lucky for you someone else beat you to checkout because ROI is now 848 days for an A821 at $3500 & 0.10/kWh. Which basically means never! All those ebayers are still paying $3500 for an S9 and $2000 for an A741 too.
These people do not know wat they are doing....
This is why I was livid when the 741s went to $1400 and my order of 6 of them (at $795 each) never shipped.
Because bitcoin price is volatile, and to just deem your 12 month old hardware 2x as expensive is BULLSHIT!
Heres the deal Canaan! When you say you base the price of your miners depending on bitcoins price youre just lying
If it doesnt go down when the price of bitcoin falls. And when the price of bitcoin rises the difficulty rises with it so its harder to mine. So profit is less then too.
For a company to be such opportunist like this is bullshit.
Im not telling anyone here anything they didnt already know. Unless your buying 7.3 terrahash for 2k.
I got a feeling they wont decrease price. They have buyer due sensationalized media news on how mining is so great. These new miners wont break even and will be feeling alot of pain...