Guys thanks for the reply. Let me put it this way. If you want to buy 4860 ghs in the market (0.00092/3/4 x 4860) you will need Aprox 4.5 BTC. Then again, yesterday S7 miners were sold at 5,4 BTC. (Aprox 0.0011 per GHs) and also the waiting time. Am I missing something here? Who on earth buys an S7 miner at 5,4 BTC while you have much cheaper Ghs available to hash right away...still confusing.
That wasn't always the case. Before the markets crashed down it was a much better price to get them in the shop even with the waiting period. Problem is as soon as those miners hit users accounts they were dumped which has made market prices the better option.Bitmain won't lower the price too much because IMO they already have them mining at a lower electricity rate then we pay in maintenance on Hashnest so they are in no rush to sell the remaining in the shop.
Another scenario :
Nobody buys from the shop. But bitmain , remove S7 from the shop and sell them on the market . Since they are fixing the shop price and they can dump a big amount on the market , then can make some extra profit .
