Shouldn't that be 60% reduction in profits every 2 weeks?
Difficulty change is between 25% - 35% every two weeks.
With all these increases in difficulty, would we be able to get a rough estimate of total profit from sales/mining with the chips currently in development?
As in would we be able to find out what the shelf life of this batch would be? 3 months? 6 months?
I think the idea is that Ken must put a decent amount of money back into R&D every week just to keep the hash rate percentage the same. How effective this is depends on if that reinvested money is enough to keep us going.
If we just get these chips and send all profits to investors then the shelf life of the eASIC hardware is about 2 months absolute max before they are bricks.