I really hope they release the next batch soon, because I have already started selling my S7's and was too slow for the first batch
It looks like I'll cover 75% of the cost by selling 3 S7's -- So it is a no-brainer -- if I can get stock
Sure you probably make more by just buying and Holding BTC ,, but where is the fun in that
you are better off if batch 2 comes after ½ ing.
Just keep selling your s-7's and then hold ½ in cash and ½ in btc.
When the time comes get an s-9 or 2.
there is 400ph in gear older then the s-7 it all dies at the ½ ing .
So there will be a 10 to 15% drop in hashrate. By bitmaintech holding back on the s-9 doing moderate self mining. They will make their share of coin. You will be able to order the batch 2 and get a crack at some money. Around July 4th.
I looked at what happened in November 28th 2012 for the last halving. Yes, it looked like a 30 day period the hash rate went down about 10%. But in another 30 days it was close to the original level.
So if history is any guide (and what else do we have?) then we'll lose about 138 PH/s for a couple of months between July 10th and September 10th. After that it will be business as usual.
I'm not sure where you came up with your 400 PH/s number, but maybe I'm missing something. I'm a bit jet lagged so I'm not sure my math is right.
okay 400 ph was the network size last sept
see below from bitcoinwisdom
Sep 04 2015 56,957,648,455 4.98% 407,718,729 GH/s
all of that is older less efficient then the s-7 or avalon 6
much of it turns to junk at the ½
current hash is 1,426,731,353 gh
May 24 2016 199,312,067,531 2.60% 1,426,731,353 GH/s
so my thoughts are if we grow to 1,600,000,000 up to the ½ ing we drop that 400,000,000 and will be at 1,200,000,000
a diff of 166 vs current diff of 199