Quote from: ralree on September 29, 2013, 03:22:18 AM

Yes, the network will continue doubling in size every 30 days .. forever. Just like it did with video cards. Oh wait..

Sure it won't double forever, unfortunately it doesn't have to in order to destroy the profitability of most ASICs for the foreseeable future.

For all intents and purposes a doubling of hashrate for 6 months with tapering of growth after that and doubling forever gives us roughly the same profitability calculation for this scenario.

In fact 100% per month for 3-6 months might be optimistic considering thegenesisblock has us at 126% for last 30 days before a single 28nm ASIC has shipped. Then again it seems so many of these manufacturers have a hard time with timely delivery so nothing is certain but I'd be happy if we only stick to 100% / month for the short term.