Post
Topic
Board Hardware
Re: Why are people cheering that ASICMINER will bring 800-1000TH online this year?
by
Paladin69
on 01/07/2013, 02:55:58 UTC
BFL ASICs ROI gets shaky with a $60 bitcoin at 1,500,000,000 difficulty ... but I guess there's Europeans with 50c per kilowatt/hour power bills.


To any actual buyers, seriously, I mean SERIOUSLY complaining about AM's first round hardware pricing, I'd say it was probably a cheap lesson in impulse control, vs ending up on a murder charge or something. If you were oblivious at the time, some 90% of the bitcoin world were standing back, pointing, and laughing at you.

It isn't the high price of their hardware I'm worried about.  It is what they are doing with their reinvestment that is really scary combined with an issuance of "shares".