Post
Topic
Board Hardware
Re: [Ann] US based Avalon ASIC chips and assembly: 4,568 remaining
by
silicont
on 11/06/2013, 15:18:38 UTC
As an aside: Each person should do their own research and calculations to decide if purchasing miners is right for them. That being said, the numbers I have run are based on a very aggressive difficulty ramp up, and show the units will be unprofitable after 9-10 months. That being said, in order to maintain the exponential increase in difficulty, $26 million dollars worth of hardware would need to be introduced in month 3, $54 million in month 5, $110 million in month 7, and so on. This assumes .5btc per gh/s, and there are companies slated to produce miners at a .2.

steamboat, I appreciate your analysis.  It means a lot coming from the front man for a product.

What does your increase in hardware comments mean to the equation?  Are you suggesting the millions of dollars of hardware to be added is unrealistic, and may stave the rise in difficulty if those millions aren't invested in mining?

Thanks