Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: what is the best mining hardware for 1000 us dollars
by
walidzohair
on 10/08/2013, 11:48:49 UTC
So the bottom line is go away miners stop stacking hardware and think about buying some bitcoins Instead ? Because


- mining power as of today , and going up exponentially, are at least 100 times the demand for the BTCs ?(supply)
- daily add ups of actual and planned additional compete-against-each-other giga hashes (supply),
- crazy 5x-actual-value investments are being added to the hardware (supply) with nothing in the horizon for the demand,
- daily added governmental restrictions and sniff in regulations over trading and exchanging to cut off the original attractiveness  of BTC idea, (demand)
- ....... .

I am not sure of the numbers but do we have actually a sum up of total investments in dedicated hardware that is three times the total market cap of BTC itself ?