Bitmain is using the same playbook they always do.
Step 1: Iterative releases of the current model with slightly higher hashrates
Step 2: Gradually reduce the price across all current models
Step 3: Offer bulk discounts for massive quantities
Step 4: Slash prices for all buyers
Step 5: Announce new model
Step 6: Unload remaining inventory
Step 7: Test new model miner for several months
Step 8: Delay release date
Step 9: Finally start delivering the new model
Step 10: Repeat
L9 is coming this fall. Should be at least 16.2G @ ~3250 watts for under $10K.
Bitmain is dumping their L7’s because they know the more efficient loko tech miner ( 2GH 145W) will be out within 6 months and they cannot compete with the efficiency just the price like they are doing with the E9pro and Jasminer.
They talked about it at the last Litecoin conference but they didn’t show anything physical and personally I have not seen anything physical so I am sceptical, but on their website it says pre orders for 350+ blades are open, and smaller orders will open this summer and deliveries in Q4. Only thing that makes me think it’s more legit is it says they accept bank transfers but I’m unsure if there’s any way to still get scammed from that. There’s always a guy on reddit who’s like “they are based in Norway they have to be legit because their laws are strict” but to me that doesn’t mean shit if in their terms and conditions they accept BTC but only have to refund the fiat value, because they wouldn’t be breaking the law, then if BTC pumps they cancel the project and refund the fiat and keep the BTC. Anyway if they just show cased the physical blade and proved what they say it does in its physical forum then they would answer a lot of questions but instead they open up pre orders…I guess time will tell