Post
Topic
Board Mining speculation
Re: Difficulty jumps 28%
by
SGExodus
on 21/06/2013, 13:15:26 UTC
It would appear Avalon stopped new orders on units...maybe BFL should stop also?

With the climbing difficulty there comes a point that the cost of a BLF unit will never be returned to a miner even at very high BTC rates.

That point is fast approaching if not here now.

Because of climbing difficulty in 8 months a 50 Gh single will not even produce enough BTC to cover the cost of electric and therefore be near worthless with little to no resale value.

By massive production of hash rate introduced to the public it appears the hardware producers (all of the asics producers) have manufactured their own obsolescence.

Thoughts?

The mark up on the chips are very high, so they are already making handsome profits.     In addition, they sit on the orders, and mined with customer equipment to double/triple their profits.

In the future, they will just market the next generation ASIC with higher efficiency and slightly lower cost, and they will be able to start the pre-order + bulk buy scam all over again to reap even more money from the community. 

They are smart people.  Don't need to worry for them Smiley