Post
Topic
Board Hardware
Re: Difficulty drop
by
Unacceptable
on 08/10/2012, 23:31:19 UTC
Will there be such a thing as new ASIC miners?  Will people who have never mined before want to invest money in ASIC?  When GPU mining was profitable, anyone could do it, people got interested and upgraded.  I think the advent of ASIC makes it a niche sport now.

Why??

Its gonne be even easier dude!!!!!!!!!!!!! No high end PC or vid cards to buy & maintain.No issues with vid drivers,OC'in,drawing too much current from your PSU OR your outlet.

ANYONE can buy one & hook up a USB cable,DL the miner software,join a pool & boom your mining on an old P.O.S. PC..............

Hell,my mom is 72 years old & she could do it  Cool

Also keep in mind that it is relatively easy to get a graphics card in much of the world, but acquire a system ASIC is very different, especially if you do not live in USA.

You are forced to buy from abroad, adding paperwork, waiting times and tariffs (very big in some cases).

In addition, BFL, BTCFPGA and Avalon (I think also is based in USA but produced in China) were U.S. companies and these devices are classified under the "U.S. Bureau of Industry and Security export control", so they can simply refuse sale by your country of origin.

Although jalapenos and single SC look cheap, with the rise of difficulty, maybe not be more efficient than the same investment in GPU today.

Edit:
13 years old gamers can't mining any more.

Ahh,didn't see that point of view........I'm an American & I only see things from my side the world  Cheesy