To build a real ASIC it will be $1-$2 million in startup costs. With current bitcoin design 25 coins per 10 min plus transaction fees, call it 30 coins per 10 minutes, 180 coins per hour at the rate of $20 per coin we are talking $3600 per hour for full network capacity. How long you think it would take to make $3million, which is what end user would endup paying for ASIC? We are talking about 1000 hours to pay for hardware development cost alone with free power. And this is assuming that the ASIC will crush all other network capacity, which in reality it will not exceed 75%-90% of. The market is too small, it will simply not be worth the investment.
Where in the hell are you getting your numbers? I've reread this paragraph a couple times and I still can't piece together your thought process...
1) You don't need $1 million to develop an ASIC...though I suppose it would help.
2) You calculated (poorly) the full output of the network in terms of $$ to somehow justify hardware development. Why would this even matter?
3) I can't even...
And this is assuming that the ASIC will crush all other network capacity, which in reality it will not exceed 75%-90% of. The market is too small, it will simply not be worth the investment.
No. Just...no.