Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
crumbs
on 30/08/2013, 13:03:56 UTC
yeah but preordes were placed and...

AVALON chips, clones - clients are doomed
90% bfl customers are doomed
75% KNC miners will be not profitable for sure
october bitfury units will not make roi in 2 years
VNC, hashfast, monarch, cointerra preorders were placed unvisely too.

So basically what you're saying is that everyone will unprofitable? So they will turn off their miners?

So in about a year's time, I can start CPU mining again? Shocked Awesome.

 Grin Roll Eyes

No.  People will mine until electricity costs become greater than bitcoins mined.  This guarantees that the difficulty will climb, but ROI?  Lolz.
In other words, people will mine to limit their losses, to *partially* amortise miner costs, but yes, everyone but the manufacturers will lose money.
Pre-order.