Quote from: qed on June 19, 2011, 08:39:32 AM

Quote from: BubbleBoy on June 19, 2011, 08:17:25 AM

OP is not a troll, just wrong. Trolls seem to abound in 500+ posts category.

GPU miners have 100:1 gain over CPU, and ASICs have 100:1 over GPU. You need 10.000 CPUs to catch up to a single $50 ASIC, so it follows energy prices are not relevant, it's mostly best tech wins. Building a 100.000 or 1000.000 computer botnet is not free, and has a black market value higher than the equivalent ASIC mining. I predict ASICs will arrive in ~ 3 months if the price stays stable.

Please, stop writing random numbers.

Hey, it's the economics subforum.

People pull stuff out of their ass.