estimates

1 month post asic
100-150 TH

6 months post asic
450 TH

What is problematic to the health of bitcoin mining is any ASIC vendor that attempts to maintain the current, pre-order sales volume.


BFL is overcapitalized.  Meaning the company has too many employees and equipment to be supported by a limited market such as bitcoin.  The downside for bitcoin miners is that BFL may attempt to sustain their current size and by doing so massively deflate the value of mining equipment.  Those who purchase mining equipment first will suffer losses.

This opinion considers BTC/USD at no more than 15 for the foreseeable future.