So for all the competition and talk, the future if bitcoin is STILL controlled by BFL.
Wow
3 fucking petahash
Assuming:
2) 0.12 USD per kWh
Long-term miners are going to shift to much cheaper electricity. .12 USD is not sustainable.
Not viable for 99.99% of people.
Only groups like ASICminer or others with millions of $ invested can make this move.