Today the price of batch 5 for the S3 when from 0.64 BTC to 0.66 BTC and then a few hours later to 0.68 BTC.
Even though difficulty keeps increasing, this price increase does not make any sense.
based on
https://bitcoinwisdom.com/bitcoin/difficulty the next difficulty increase will be over 5%
The only thing I can think of that may have caused the increase is that the S3 is really priced in dollars converted to Bitcoins, because the Bitcoin value drop from about $600 to $560, then Bitmain to continue receiving the equivalent in dollars increase the bitcoin price.
But if this is the case that attitude is wrong because the miners do not generate dollars they generate Bitcoins, and that is a clear way of reducing the ROI for the miners, thats like saying we are having a loss ( really it is having less profit not a loss) and we need to increase our profit but we do not care about your profit, and that is not ethical and creates a loss-win situation.
The correct attitude for Bitmain would be Bitcoin is going down, well the miner is also generating less, if he wins we win, but it seems that is not the line of thought.
I worry to some degree since I have seen changes in attitude, for example KNC last year they look like they were a great company and by a sequence of small changes they completely transformed themselves from good to bad, they simply do not care about the miner and only a year ago they gave a completely different impression.
Right now Bitmain is the best, but I have seen changes that do not look good and if this continues they could become the next KNC, for example when Bitcoin drops the price of S3 increases which makes no sence for the miner since the S3 is a bitcoin generator the only case which could justify a price increase where to be if the actual cost of making the miner increased but that is not the case, a short time ago they were selling from stock, now they are pre sales, 1 or 2 week pre sales but nevertheless pre sales, and when the s4 is releasing this time frame could increase, to lets say 4 weeks, so that is also a step in a bad direction.
If Bitmain whats to stay on top, they must think and always have an environment that creates a win win situation for for them and for the miner.
They should go back to sell from stock, and ship within 48 hours.
They should drop the price accordingly to the difficulty increases, 10% difficulty increase then 10% drop in price, but should not try to profit at the expense of the miner.
They should always take into account that the miner must ROI, not that he/she may ROI.
As of now the S3 may ROI, nut that it will ROI, there is a risk, that risk should be shared.
Bitmain is in a unique position that they could go to being the best or take the same route that was taken by KNC, only time will tell, but recent indications like the price increase and still no selling from stock tells me they are taking the wrong route, the same patch that was taken by KNC, but it is not late we all make mistakes, I just hope things improve.
Today I like Bitmain, just as I liked KNC a year ago, but because I see a similar pattern I worry, since only a year ago KNC was like Bitmain is today, I just hope that a year later Bitmain does not become like KNC is today, I did not mention BFL since that is an extreme case it is really hard to be that bad.
I hope if Bitmain can clarify if the S3 are internally really prices in dollars and then the price converted to Bitcoins, since I really do not see what could have caused that price increase, I was actually expecting a price drop due to the 1 or 2 week window of pre order delay and the current difficulty increase.
This last price increase is at the expense of the miner.