Looks like there are several 100THs+ farms going online not far apart, killing each others ROI. Just look how much of the net hash ASICminers have now, it's dropped right off. Each of their business plans doesn't know what new farms are doing online as competitors. I still feel the future of mining will be thousands of small backyard setups that need no aircon, datacenter rental, or staff wages. Bitcoin is designed to eat the margin of big players.
I agree and find it rather comical when I hear suggestions that only huge mining operations will survive in the near future. It may well be exactly the opposite.
And maybe some of us smaller miners will get good deals on used hardware.
