Quote from: miayama on February 29, 2016, 10:26:08 AM

Quote from: Marvell1 on February 27, 2016, 01:23:41 PM

Quote from: Vaccomondus on February 27, 2016, 10:52:45 AM

Quote from: adaseb on February 27, 2016, 09:56:08 AM

You don't have to worry about ASICs coming in and start mining ETH.

You should worry about the GPUs that everybody is buying right now and increasing the hashrate or that price won't crash.

you should worry more about those with cheap electricty, those are the real plague that promote centralization, gpu or asic

Yeah mostly the Chinese, at least ethereum is still profitable with high electricity costs right now

The Chinese have cheap electricity. But in some Arab countries, they also have cheap electricity. They can mine a lot of the coins.

If the oil price stay around $30 levels, there will be no more cheap electricity in the Arab countries in the next few years.