Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Bitcoinorama
on 20/09/2013, 19:33:27 UTC
The growth seems to be accelerating still, if anything:

http://bitcoin.sipa.be/growth.png

A solid 2.5% per day, which is +125% per month.

Perhaps the growth of the growth has tapered off a little but thats a bit meta to me and statistical noise at this point

Yes it is accelerating still, however the growth of the growth seems to have tapered off.  Maybe it's just me hoping and wishing too much.

Anything is an acceleration this is still very much the GPU transition. There was supposed to be a 130nm, and 65nm stage, but we all know how that went and who received the lion's share of that (specific companies themselves, delay tactics, lies, etc.). This is about to be the peoples' real ASIC revolution. Viva!

I don't think the people are gaining much from this. The profit lies with the companies selling the miners, not the people buying them as they can only pray for ROI.

Agree!

Pffft who is taking all the risk? The guys betting few $K, or the guys betting the chance they will never ever be allowed to run a business again with reputation as mud?! They have always stated they build a machine that spit coins, your bet is on BTC being taken as a legitimate currency in future. If you want to make big coin then innovate a means for mainstream use and adoption. Brain power trumps plugging in machines that print money. Margins there will always be squeezed by more affluent people once product prove safe to purchase and elec. is cheap. That's a no brainer.

Sorry to break it to you bro, but common sense dictates here...