Quote from: Ski72 on November 02, 2015, 08:30:16 PM

I've been mining with SP Tech equipment since the SP10 rolled out. Though BTCS/Spondoolies best get the SP50's fired up soon to ever be profitable against the competition.

"BitFury derives sustainable advantage through its custom-made application-specific integrated circuits (ASICs), optimized to achieve the lowest power consumption coupled with the highest processing metrics the parameters that drive mining margins. BitFury successfully delivered several prior generations of silicon and has a roadmap to at least double performance-per-watt every 6-12 months."

from http://news.3m.com/press-release/company/3m-novec-7100-fluid-used-worlds-largest-two-phase-immersion-cooling-project

It makes me wonder what the mining industry will look like over the next ten years. How "decentralized" will it truly be?

First off about Bitfury.

Let me get my waders on... Ok They said awhile ago they are building a 100 M Watt Datacenter... http://www.bitcoinvox.com/article/1901/bitfury-invests-%24100m-in-a-data-center

To the normal person this sounds Good and makes them look Great. Problem is 100 M/watt is not that Easy to come by. Plus you are talking Lots and Lots of work on a scale that is Huge.
The power Company does not give you a 220v outlet you just plug up too. It is broken down by transforms Lots of them. The Wire by itself is Insane. Now on the Cooling - two-phase-immersion.
Waste of money.

On the SP50 Notice this http://www.spondoolies-tech.com/products/sp50 replaceable boards for quick maintenance and easy upgrade. Hint on the Word. Replaceable.

Bitfury says " has a roadmap to at least double performance-per-watt every 6-12 months " O'Rly and " custom-made application-specific integrated circuits (ASICs) " check out https://www.youtube.com/watch?v=aVPhFnkBImA custom-made or do they fabless house. Again maybe a 1/2 and 1/2 but Full Custom every 6 - 12 months. Now onto " double performance " So now Bitfury is saying they have a R&D as Intel has.
By the time Tape out is done on Gen 1 90 day they are working on Gen 2 and Tape out Another 90 Days That is 6 months How many PCB boards are they going to make and It is all Custom ASIC. + Custom PCB
Just a FYI here is how a ASIC/CPU is made https://www.youtube.com/watch?v=-GQmtITMdas

FYI Intel at one time spent 4 Billion on R&D that was in 2003. Intel R&D now let's just say is 1/2 that 2 Billion and the I7 has been around now for how long...