Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Otago
on 22/07/2013, 09:48:14 UTC
With a 59% or more rise in difficulty next increase (https://blockchain.info/charts/hash-rate) I wonder whether I should cancel my Saturn order?

All manufacturers seem to have large orders due to be shipped before KnCMiner ships so Jumps of 110,000GH/s per fortnight may continue several more times if not each difficulty change.

Current jump is more than total capacity beginning of June!

I had been thinking of upgrading Saturn to Jupiter. Now it's unlikely. More likely I cancel during next few weeks while I still can!

Hopefully their planned March 2014 offering will make a good investment & ROI.

Based on this, the game is over. No point in anyone buying any ASICs anymore as they will never return anything worthwhile, so not much point in anyone thinking about building a next gen machine never mind selling one as they are always going to be fighting a losing battle?

IF a KnC machine that's not even built yet can't profit, why would the next gen be any different?

Same thing as when CPU, GPU, FPGA & ASIC gen1. Will be reduction in pricing & increase in performance.

BFL offered 4.5GH to start raising this to 1,500Gh/s (when they thought they could build it into one machine). Gen2 will probably start close to 1Th/s maybe around Mercury pricing if the growth continues. And we only have to wait till March!

BTW my difficulty projection is off by one cycle. Will be following set of 2106 block hit by recent days huge increase if maintained.