An Asic that consumes 7W/GHs still generates about 6 times the btc that it will cost to power it.
So there still a long way before you start mining at a loss. Long in BTC time of course

Well if asics were free that would make sense, but sense there is a relatively high cost to start mining with the asic you are at a loss until that cost is completely recouped. Regardless of btc value, because your trading your btc for the miner. Why is this so hard for people to understand? I guess if people did understand that easily the price would have fell a lot sooner
