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the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners. these prices are extraordinary and i myself may have to order more. this is going to keep the network decentralized and solo mining still affordable. once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners. these prices are extraordinary and i myself may have to order more. this is going to keep the network decentralized and solo mining still affordable. once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.
ORLY? You predicted the price of ASICs would drop? The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially. But you actually seen this coming, huh...
as a matter of fact i did.
many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year. i'm not surprised you missed it.
point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.
Did anyone, and i mean anyone, actually think the ASIC prices would *increase over time*
Who?And try not to twist your own words, spindoc. You didn't say hobby mine -- you said "SOLO mine."
Edit: Bold red text, see?