Batch 9 better be $1,200/3.3BTC or less because we just hit 600,000Ths. We got a 10%+ diff jump coming in under 4 days. The next diff jump after that looks to be between 10%-20% at this rate. That will be in less than 20 days. Remember that this all compounds on the last diff jumps, so 10% now is equal to what a 15% raise would have been two months ago. It looks like we might be in for another hashrate armageddon.
That said, I just got my "sold out" batch 7 units in. If you look at the jump in the last 2-3 days I'm pretty sure its the fact that we all got the last few batches early this week and wasted no time getting them all online.
I think batch 8 might ship soon too so that will be nice for those who buy them. For the rest of us it will suck because it will mean another jump even sooner than expected. Avalon is shipping another batch right now too so...yeah...I'm a bit worried if both companies keep shipping like this. I think they will.
One funny thing is that they are ruining their own farms profitability. I guess it doesn't matter as much to the farms because they get their gear at cost (like $300 per S7 I bet for parts). Its just sad to see this race to the bottom. I was hoping to actually make some money on these, not just hope to break even.
They dont hurt themselves, they get to sell this stuff at 1800-1500 while people are trampling all over to get miners wherever they can because the BTC price nearly doubled.
By the time they ship those late batch, the diff could be 20-30% from now, if it is, they win even more. If the BTC price drop, they already made their money.
Mean while they have tons of money to roll more hardware and dev the next batch, assuming they dont already have S9-like stuff for themselves.
I guess they dont even need to do that, considering they get super cheap electricity.