Quote from: galdur on April 12, 2016, 02:24:25 PM

Quote from: philipma1957 on April 12, 2016, 02:13:31 PM

Quote from: galdur on April 12, 2016, 01:52:30 PM

Quote from: flikflak on April 11, 2016, 07:59:20 PM

Well, I see it a little more positive right now. We need another 130 PH/s to raise the difficulty up by 10% -> or in other numbers thats like 27196 of new S7's (worth $15.3 million without shipping) on the net.

I wonder what´s the total investment in bitcoin mining. Must be in the hundreds of millions of dollars. Miners plus facilities and manpower. Maybe billions. Some of it must be pretty squeezed by now what with the big difficulty increases since last year. Investments usually mean debts.

Lots of companies are hurting due to bitmaintech's power in the game.

Make a new miner and the s-7 drops price to knock you out.

So the game changes from having good miners to having cheap power.

A one cent power cost and the s-7 crushes a .125 watt bitfury at four cent power.

Or a two cent power cost makes the better s-7 plus which only bitmaintech has beat any other gear.

Yeah, it´s almost like they´ve been trying to wipe out the competition in the mining since last autumn. They have the best of both worlds anyway, they both make the equipment which is excellent in any gold rush, and they are a big player in mining.

They have been smart on being able out out price others gear. Bitmain crushed SP20's with S5, they made a cheaper option and started a price war. And they won. It seems to be repeating looking at S7 they have made it as low cost as I think they can with 1 fan variant.

I expect S7 to remain king in super low data centers as they can buy now and likely even after having is electricity 1-2 cents they I would guess make a profit still till a point. For "normal" electricity people we will need next gen chips but these mega centers likely will not even after having.